It looks like something’s cooking. It has the part regarding Leo’s salary and performance plan…
“…with a maximum value of up to $35.0 million, contingent upon the achievement of certain market capitalization, licensing revenue and clinical trial performance goals, and (ii) cash awards with a maximum value of up to $14.0 million, contingent upon the achievement of certain market capitalization and licensing revenue goals.”
…and compensation awa4ds for directors.
There’s no protection for Leo if the stock doesn’t perform.