Replies to post #70708 on Muscle Pharm Corporation (MSLPQ)

[JimmyJams]

I interpret it as:

All unvested RSUs vesting as scheduled = He'll get 15k shares on dec 31st every year through 2018

Notwithstanding (= regardless of/despite) his resignation.

They wrote it very vaguely and I can see your interpretation...but I think mine is what they meant. Since they go on saying..."in exchange for..."




Pursuant to the Release Agreement, Mr. Rollock shall receive (i) his current base salary up to and including December 31, 2014, (ii) $112,500, to be paid on December 31, 2014, and (iii) all unvested restricted stock units owned by Mr. Rollock pursuant to a previously executed RSU Agreement (as it is defined the Release Agreement) shall vest as scheduled notwithstanding Mr. Rollock’s resignation, in exchange for releasing and discharging the Company and its affiliates and subsidiaries from any and all claims of any kind arising out of, or related to, his employment and separation from employment with the Company.