Item 5.02. Departure of Directors or Certain Officers; Election of Directors;


            Appointment of Certain Officers; Compensatory Arrangements of Certain
            Officers.

As previously reported, on October 29, 2021, Ellen Scipta stepped down as chief financial officer of Intricon Corporation (the "Company") to pursue other opportunities.

On November 14, 2021, the Company and Ms. Scipta entered into a Separation Agreement and General Release of Claims (the "Separation Agreement"), which became effective upon the expiration of the 15-day revocation period required under applicable law. Under the Separation Agreement, the Company will provide Ms. Scipta the following:





      •        a separation payment totaling $380,000, payable in 26 consecutive
               equal installments, less applicable withholdings, in accordance
               with the Company's standard payroll practices;
      •        payment of up to an aggregate of $10,000 for outplacement services;
      •        the vesting of 15,251 previous granted restricted stock units held
               by Ms. Scipta, less applicable withholdings; and
      •        the continuation of 1,326 previously granted performance restricted
               stock units held by Ms. Scipta, subject to vesting upon achievement
               of the targets under the award.

The Separation Agreement also contains a release of claims against the Company and related persons.

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