Dow Jones Newswires: Faraday Future’s top execs agree to salary deduction, stock-purchase agreement plan


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Faraday Future Intelligent Electric FFIE said on Thursday that several of its executives have voluntarily entered into salary deduction and stock purchase agreement plan.

The Los Angeles-based electric mobility ecosystem company said the executives agreed to use half of their salary during a three-month period to purchase the company’s stock. Those shares will be locked up for at least 180 days from their date of issuance.


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Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

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