Solo Brands, the parent company of Solo Stove, is about seven months into their new strategy to turnaround the company. They appear to be on the right track with new innovations and being relisted on the New York Stock Exchange.

With that their CEO, John Larson, shed his interim tag and received an new employment agreement. He’s obviously been instrumental in their strategy, so it’s important for Solo Brands to that he shares in the possible future success. His new comp structure was revealed and it’s on par with other CEOs at similar companies.

• Base salary of $750,000
• Performance bonus up to 100% of his base
• Additional 100% bonus if the company hits certain performance marks
• Restricted stock units (RSUs) equal to 6% of the equity of the company with 25% vesting at the grant date and the rest vesting quarterly over the next three years

Outside of the core components of his comp, he’ll also receive some additional perks. These include unlimited PTO, a $3,000 per month housing allowance.

The performance milestones for his bonus or the company based bonus weren’t revealed in the employment agreement. They’ll be established by the Board of Directors.