Tapinator Inc (TAPM)

[CNTrader]

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors, Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 6, 2019, the Compensation Committee of the Board of Directors of Tapinator, Inc. (the “Company”) approved one-time cash success bonuses to the Company’s following executive officers in the amounts set forth below to be paid only if and when the Company is able to uplist to either the Nasdaq or NYSE:

Name of Officer

Title of Officer
Cash Success Bonus Amount

Ilya Nikolayev
Chief Executive Officer
$120,000

Andrew Merkatz
President and Chief Financial Officer
$120,000

Brian Chan
Vice President of Finance and Accounting
$10,000