"How is it a positive sign?? ".........
it is a positive in the fact that it represents a payment structure that pays-out significant incremental returns over a 3 year period...the more successful & long-lived QMC is , the more Sri makes. I also think it reasonable to suspect that the finer details of his employment contract would include lessons-learned from the Dr.Bob fiasco. To wit; a deceleration-clause for milestones not met , unsatisfactory performance , termination & a clawback provision for unearned monies...& to be in compliance with legalities of a binding contract , a matching acceleration-clause for deadlines met, significant milestones achieved, accelerated commercialization etc , all-of-which goes to hinge the fate of incentives & bonuses in one form or another [possibly even incl these warrants].
In essence; Sri stands to become a very wealthy man if this venture proves successful & everything about this contract (as has been divulged so far) means he (& the company) either become successful , or he walks away with relatively empty pockets...that's a pretty hefty incentive & has also been the primary remunerative basis & goal for a number of other QMC employee's continuing efforts as well (5, 6 or 7 years-worth in some cases).
That's the way I see it anyway.