InvestorsHub Logo
Followers 74
Posts 7298
Boards Moderated 0
Alias Born 09/09/2009

Re: HoppinGator post# 6799

Friday, 12/08/2017 9:52:52 PM

Friday, December 08, 2017 9:52:52 PM

Post# of 13096
Looks good to me, confirms a lot. Lots of clues to where this company is going.

“ii. Sale of Business

If more than 50% of the Company’s stock or assets are sold, Mr. Chan will be compensated for entering into non-compete agreements based on the selling price of the Company or its assets as follows:

- 2% of sales price up to $24,999,999 plus
- 3% of sales price between $25,000,000 and $49,999,999 plus
- 4% of sales price between $50,000,000 and $199,999,999 plus
- 5% of sales price in excess of $200,000,000