Accel Entertainment, Inc. announced that Christie Kozlik, 44, has been appointed to the position of Chief Accounting Officer, effective as of November 9, 2022, and will assume the role of principal accounting officer. Ms. Kozlik, previously served as Vice President, Accounting Consolidations and SEC Reporting at Assurant, Inc., a global insurance company, from November 2021 to October 2022. Prior to Assurant, Ms. Kozlik served as the Director of Shareholder Reporting at Allstate Insurance Company, a national insurance company, from May 2015 to November 2021.

In addition, Ms. Kozlik spent over 10 years in audit and advisory services at KPMG LLP. Ms. Kozlik is a certified public accountant and holds a Bachelor of Science degree from Indiana University. In connection with Ms. Kozlik's appointment, the Company entered into an employment agreement with Ms. Kozlik, which includes the following terms: an annual base salary of $265,000 (the “Base Salary”), an annual discretionary bonus of up to 50% of Ms. Kozlik's Base Salary and a discretionary annual equity-based incentive award grant commencing in calendar year 2023 with a target grant date value equal to 50% of Ms. Kozlik's Base Salary; an award of restricted stock units covering 20,000 shares of the Company's Class A-1 common stock pursuant to the Company's Long Term Incentive Plan; and an award of stock options covering 20,000 shares of the Company's Class A-1 common stock pursuant to the Company's LTIP.

The Awards will vest as to one-fourth of the shares on the second anniversary of the date of grant, with the remainder vesting ratably on a quarterly basis over the subsequent two years, so long as Ms. Kozlik remains employed by the Company through such vesting date. In addition, in the event Ms. Kozlik experiences a termination of her employment without “cause” or she resigns for “good reason” (each as defined in the Employment Agreement), she will become entitled to an amount equal to the sum of (A) the annual base salary paid to her during the six-month period immediately preceding such termination plus (B) the most recent annual bonus payment made to her immediately preceding such termination and twelve months of continued COBRA coverage. Ms. Kozlik's receipt of the foregoing severance payments and benefits is subject to her delivery of an effective release of claims against the Company and its affiliates.

The Employment Agreement includes a one-year post-termination non-competition covenant and a one-year post-termination employee and customer non-solicitation covenant.