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Wednesday, May 18, 2016 4:50:51 PM
Mr. Berman is entitled to receive the block of 30,000,000 Preferred (super voting ) Shares and a substantial number of common or preferred shares.
The right to acquire up to 50,000,000 of the Company's restricted common shares at a price of $0.0001 per share, plus the grant of 70,000,000 stock options exercisable at the rate of 2,500,000 common shares per calendar quarter over 7 years at a price equal to the lowest daily trading price in the previous quarter.
He is also entitled to receive a profit incentive bonus equal to 0.25% overriding royalty on the value of all new executed contracts.
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