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Replies to post #69480 on Sigma Labs Inc (SASI)
godemperorzack
08/25/19 8:52 PM
#69481 RE: Herringaid #69480
Mr. Rice is entitled to a bonus of ( x) 100,000 shares of common stock under our 2013 Equity Incentive Plan if the average closing price of our common stock is $6.00, $7.00, $8.00 or $9.00 for three consecutive months (for a total possible bonus of up to 400,000 shares if each of the foregoing performance milestones is satisfied), and (y) the balance of any portion of the foregoing 400,000 shares if the Company is sold for a price equivalent to at least $8.00 per outstanding share of common stock while Mr. Rice serves as our Chief Executive Officer (or during the 12-month period thereafter)
ViperSteve
08/25/19 9:49 PM
#69485 RE: Herringaid #69480