A filing with SEC from February has revealed that the employee agreement of WWE President was updated, running through December 31, 2026.
Per Fightful, the agreement was previously set to expire in August 2025.
The filing notes that this employee agreement is subject to WWE and Khan’s right to terminate his employment:
In the event Khan continues to render services for WWE after the expiration of the Term, such employment shall continue on an at-will basis, so that either WWE or Khan may terminate his employment for any reason at any time; however, if Khan intends to terminate his employment, he shall provide WWE with at least 60 days advance written notice.
Khan, who was hired by WWE in August 2020, has an annual salary from the company and receives installments of TKO as part of his “equity award.”