0001213900-26-055196
SEC filingNFT Limited entered into an executive employment agreement with Yaobin Wang as CFO effective May 12, 2026, with a 3-month initial term, extendable to 12 months, at USD 5,000 monthly base salary.
NFT Limited has formalized the appointment of Yaobin Wang as CFO through a structured employment agreement that supersedes any prior arrangements, signaling a deliberate leadership placement in finance amid potential strategic needs. The 3-month probationary initial period with automatic 9-month extension provides the Company flexibility to evaluate performance before full commitment, with termination rights favoring the employer in early stages—no severance during initial period, only minimal 2 weeks' pay post-extension without cause. Compensation is modest at USD 5,000 monthly, aligning with cost-conscious executive hires, and lacks guaranteed bonuses, tying incentives to board discretion and equity plan participation. Reporting directly to the board underscores the CFO's pivotal oversight role. Post-employment restrictions include 6-month non-diversion covenants, protecting Company interests. This arrangement enhances governance continuity for investors while limiting near-term financial commitments.