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Friday, June 24, 2022 10:27:02 AM
(f)The Company agrees that should an Uplisting occur during the Employment Period or within 90 days after the Employment Period (provided that Executive’s employment did not terminate due to Cause or without Good Reason prior to the Uplisting), (i) the Company will pay the Executive a one-time bonus of $1,700,000, and (ii) this Agreement, the Base Salary and Incentive Compensation will be reviewed by the Compensation Committee of the Board, if one exists, otherwise by the Board, in coordination with any Uplisting. Any bonus payable in connection with the Uplisting pursuant to this Section 3 will be paid within thirty (30) days of the Uplisting. Any such payment will be considered an advance against earned Incentive Compensation.
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