Monday, July 10, 2017 8:41:54 AM
"In addition, the Company also agreed to pay the CEO’s medical insurance for 24 months and provide use of a cell phone for 12 months with an estimated cost of $44,000"
Why should Mr Beggar have access to email when he has nothing to offer QS ? From the 10k
(b) Commencing as of the Effective Date and continuing for twenty-four (24) months thereafter, Employee shall be entitled to participate in any group health insurance plan which has been or may be offered to employees of the Company, including dental coverage, at the same level and cost of coverage Employee had while employed with the Company.
(c) Commencing as of the Effective Date and continuing for twelve (12) months thereafter, Employee shall be entitled to the continued exclusive use of a Company-issued cell phone, including a service plan, and email address, at the same level of service Employee had while employed with the Company.
Shareholders have the right to question the board why Beggar was given a undeserved payout. Beggar was nothing but a failure. There was enough "cause" to get rid of Beggar with no payout. Beggar ran off to hide in Hawaii at the last shareholders meeting. Beggar even changed the by laws of the company so that he could hide from the shareholders & hold a shareholders meeting via webcast. Why was Beggar so afraid to confront shareholders face to face ? We all know Jason Lane & the new board will do a much better job then Beggar & his yes man. Thank you Jason for coming to the rescue. Shareholders should demand Beggar's payout be stopped immediately as Beggar was nothing but an embarrassment. I will report his actions to the authorities.
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