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PGPM_COO

Re: masc2279 post# 15401

Sunday, 07/04/2010 3:10:50 PM

Sunday, July 04, 2010 3:10:50 PM

Post# of 64476
As I understand it, He will receive no cash, no stock, no further compensation from this Company whatsoever.

He will strictly be a shareholder. So I guess resign would be a more appropriate term.

Once I receive the signed letter pertaining to this I will try and post a version of it either here or on the Pilgrim website.

I have to wait for Pilgrim’s legal counsel to finish their efforts towards this endeavor.
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