Latham Group, Inc. has amended the employment agreements of its top executive officers. This includes terminating the existing employment contracts and setting forth the terms of employment in new offer letters for the impacted persons. The amendments set up certain terms and conditions including base salary, bonus, eligibility to partake in company's annual equity and cash incentive programs. Additional compensatory arrangements have been made, including a severance plan providing certain payments and benefits following termination events, ranging from continuation of coverage premiums to equity award vesting. Concurrent amendments were made to the agreement of Interim CFO, J. Mark Borseth, to extend his term and provide additional compensation.