Brownie's Marine Group Inc (BWMG)

[BornAgain]

Eco, that helps explain why he agreed to this bonus and how he intends on achieving it. I guess we have a lot to look forward to here in the future.

GLTA!!!

(b) Bonus. In addition to Base Salary, the Executive shall be entitled to receive four-year stock options to purchase shares of Common Stock at an exercise price equal to the market price of the Common Stock on the date hereof in the amounts listed below based upon the following performance milestones:



(i) 2,000,000 shares - If the Company’s total net revenues, as reported in its statement of operations in its financial statements in its filings with the Securities and Exchange Commission, including as a result of a stock or asset acquisition of a third party (“Net Revenues”) are in excess of $5,000,000, in the aggregate, for four consecutive fiscal quarters;

(ii) 3,000,000 shares - If the Company’s Net Revenues are in excess of $7,500,000, in the aggregate, for four consecutive fiscal quarters

(iii) 5,000,000 shares - If the Company’s Net Revenues are in excess of $10,000,000, in the aggregate, for four consecutive fiscal quarters;

(iv) 20,000,000 shares - If the Common Stock is listed on the on NASDAQ, New York Stock Exchange or American Stock Exchange.



The Net Revenues measurement period shall commence the quarter ended immediately following the execution of this Agreement.

That listing on a major exchange means the shares will be over $1.00!!!