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Re: chickpea598 post# 41936

Thursday, 11/16/2017 6:59:26 AM

Thursday, November 16, 2017 6:59:26 AM

Post# of 48316
Dan O'Connor will have to earn those shares and is contingent upon shareholders vote at the next annual meeting which would be approx 10/25/18. Dan has one year to prove himself!

As a one-time grant in connection with his appointment as Chief Executive Officer, an appointment stock option award to purchase up to 2,000,000 shares of the Company’s common stock, which is contingent upon obtaining the approval of the Company’s stockholders at its next annual meeting, has an exercise price of $1.25 per share, and is subject to vesting as to 1,000,000 of such shares on the date of such stockholder approval and as to the remaining 1,000,000 of such shares in equal monthly installments over the 24 months following the date of grant;



https://ir.stockpr.com/oncosec/all-sec-filings/content/0001493152-17-012689/form8-k.htm