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dareinkler

02/16/16 9:23 PM

#78166 RE: stupified777 #78164

Honestly how long can this last? They are draining the company. Wonder if Estella will actually bring a lawsuit? Between that and trying to recover SEC costs from their insurance company it doesn't look like legal fees will be decreasing anytime soon.

drive929

02/17/16 9:37 AM

#78168 RE: stupified777 #78164

Upon the occurrence of a Qualifying Sale during Executive’s employment (or, thereafter to the extent provided in the Agreement), Executive shall be entitled to a Transaction Bonus equal to 10% of the Aggregate Purchase Price; provided however, that the Qualifying Sale must be consummated on or prior to the third anniversary of the Effective Date, and provided further that the Aggregate Purchase Price must equal or exceed the product of (i) $15.00 multiplied by (ii) the number of shares of common stock outstanding immediately prior to the Qualifying Sale