Tuesday, July 19, 2016 8:29:32 PM
"5. SECTION 4. The Parties agree that Section 4 of the Employment Agreement shall be amended and restated as follows:
4. Stock Options. In addition to your Base Salary and Bonus, you shall receive the following stock option grants:
(i) On July 5, 2016, you shall receive Two Million Dollars ($2,000,000) of options for shares of the Company’s Common Stock, one-third of which shall vest on July 5, 2017, one-third of which shall vest on July 5, 2018, and the remaining one-third shall vest on July 5, 2019;
(ii) On July 5, 2017, you shall receive Two Million Dollars ($2,000,000) of options for shares of the Company’s Common Stock, one-half of which shall vest on each of July 5, 2018 and the remaining one-half shall vest on July 5, 2019; and
(iii) On July 5, 2018, you shall receive Two Million Dollars ($2,000,000) of options for shares of Anavex Common Stock, all of which shall vest on July 5, 2019."
https://www.sec.gov/Archives/edgar/data/1314052/000161577416006259/s103666_ex10-1.htm
I dunno? Maybe not try and figure it out...just keep trying to accumulate ahead of him!
Cheers!
§
ed- And notice i & ii say "the Company’s"...iii say's "Anavex". Nobody's perfect, especially when wearing so many hats. Prolly see another 8K to correct it all.
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