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Re: xZx post# 32009

Monday, 02/04/2013 5:47:06 PM

Monday, February 04, 2013 5:47:06 PM

Post# of 71458
Thought about that possibility too.

Trying to fit it into the context of "The Mason Agreement"

Effective April 26, 2012, the Company entered into an employment agreement (the “Mason Agreement”) with Anthony Mason to serve as Chief Executive Officer and President. The Mason Agreement has an initial term until December 31, 2015, and automatically renews for additional one year terms unless either party provides 60 days prior written notice of such party’s intention to terminate the Mason Agreement. The Company may terminate the Mason Agreement (i) at any time for cause or (ii) upon six months prior written notice without cause and a severance payment of one year of base salary. Mr. Mason may terminate the Mason Agreement at any time upon four months prior written notice.



So either Mason gave written notice about 60 days ago.
Or Mason was given written notice 60 days ago.
Or Mason was let go 2 days ago and given 1 years severence pay...

Nope...don't help one bit to ponder this.

Send PM's to molecularcd. It's a yahoo dot com address.

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