Wednesday, October 02, 2019 10:42:02 AM
The Board duly appointed Mr. Read to the CEO role on November 8, 2018 and on January 2, 2019, the Company entered into a four-year employment agreement with F. Jody Read in his role as Chief Executive Officer. The terms of the contract call for an annual salary of $90,000 for the first year, effective March 1, 2019 and increasing to $120,000 once company’s revenue exceeds expenses monthly, then incrementally over the four years and upon reaching certain operational results, up to $200,000/year. The salary may be paid, at Mr. Read’s discretion, either in cash or in common stock
I cant even clip parts of this anymore this is just too much bad.
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