NewBridge Global Ventures Inc (NBGV)

[Quintessence]

14C filed: APPROVAL OF NEWBRIDGE GLOBAL VENTURES, INC. 2019 EQUITY INCENTIVE PLAN

https://www.otcmarkets.com/filing/html?id=13179238&guid=6RAtUn5GrJ9m9yh

On January 17, 2019, The Board of Directors of the Company approved the NewBridge Global Ventures, Inc. 2019 Equity Incentive Plan (the “Plan”), subject to shareholder approval. On January 18, 2019, the Majority Shareholders approved the Plan.

Purpose of the Plan

The purpose of the Plan is to provide long-term incentives and rewards to directors, officers, consultants, advisors and employees of the Company and its subsidiaries (“Participants”) in order to better allow the Company to attract and retain individuals with experience and/or ability on a basis competitive with industry practices and to associate the interest of these individuals with those of the Company’s shareholders by providing for the issuance of stock-based awards (“Awards”). The following is a summary of the principal features of the Plan.