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Huggy Bear

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Huggy Bear

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Tuesday, 07/24/2018 6:30:00 PM

Tuesday, July 24, 2018 6:30:00 PM

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In addition, on August 22, 2016, we entered into an executive employment agreement with Antonios Bertsos, our Chief Executive Officer, Chief Financial Officer and member of Board of Directors. Upon the occurrence of a change of control as defined in the executive employment agreement with Mr. Bertsos, we shall pay to Mr. Bertsos a lump sum cash amount equal to twenty times the sum of his then-current base salary and pro rata portion of any annual bonus, if any, in U.S. dollars, within 30 days following the effectiveness of the termination, as further described in the Annual Report.



Wowzer, now that is a golden parachute.
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