Midwest Energy Emissions Corp. (MEEC)

[subslover]

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.



(b) On April 27, 2017, each of Brian L. Johnson and Christopher J. Lee resigned as a director of Midwest Energy Emissions Corp. (the “Company”) and as a member of any Committee of the Board on which he served. Each of Mr. Johnson and Mr. Lee was a member of the Audit Committee, Nominating and Corporate Governance Committee and Finance Committee, and Mr. Lee was also a member of the Compensation Committee. Mr. Johnson became a director of the Company in December 2014 and Mr. Lee became a director in February 2015.



As a result of such resignations, the Board of Directors presently consists of three members, Christopher Greenberg (Chairman), Richard MacPherson and Allan T. Grantham. The Board has determined not to fill such vacancies at this time.



(e) On April 28, 2017, the Board of Directors terminated the Midwest Energy Emissions Corp. 2014 Equity Incentive Plan (the “2014 Equity Plan”) for officers, employees and directors of, and consultants to, the Company. As a result of such termination, no additional awards may be granted under the 2014 Equity Plan but previously granted awards shall remain outstanding in accordance with their terms and conditions. As previously reported, in February 2017, the Board of Directors adopted the Midwest Energy Emissions Corp. 2017 Equity Incentive Plan which, among other reasons, was adopted to replace the 2014 Equity Plan.