Calypso Wireless (fka CLYW)

[conagra]

Turrini is still the CEO for at least 30 more days per his employment agreement (see below). A lot can happen in 30 days. For one, he tells me that he will call a SHM I understand in January to reverse this BS.

Date of Termination. “Date of Termination” means (i) if CALYPSO intends to treat the termination as a termination based upon the Executive’s Disability, the Executive’s employment with CALYPSO shall terminate effective on the fifth day after receipt of Notice of Termination by CALYPSO or on the date mentioned on the Notice of Termination; (ii) if the Executive’s employment is terminated by reason of Death, the Date of Termination shall be the date of death of the Executive; (iii) if the Executive’s employment is terminated for any other reason, the Date of Termination shall be thirty (30) days from the date of the Notice of Termination