Saturday, April 19, 2014 5:41:39 AM
"My Initial Employment Agreement is for a term of 6 months, with an option for one year additional terms thereafter. During this initial 6 month term, MY COMPLETE AND TOTAL SALARY will be $1 (ONE DOLLAR). CORRECT, THAT'S ONE DOLLAR -- PERIOD! Additionally, I will be granted an option to purchase common stock at an exercise price of $.001, which is 10 TIMES higher than the price the common stock was trading at when I took this office. That option is NOT exercisable until AFTER June 15th, 2014, which is the END of the initial 6 month term. Furthermore, if the Board does NOT extend my Employment Agreement for another year, I WILL VOLUNTARILY FORFEIT that option for stock and take ONLY the $1 (ONE DOLLAR) as MY COMPLETE AND TOTAL SALARY for the 6 month term I completed."
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM