Posted On: 11/25/2014 8:41:54 PM
Post# of 7775
Re: Goodspeed65 #644
Sorry But you read this right??
The Company and Dr. Gerry Bedore entered into an Advisory Committee Member Agreement, effective as of June 25, 2014. In connection with his service as a member of the Advisory Committee, and pursuant to his agreement, Dr, Bedore was entitled to receive up to 1,600,000 shares of the Company’s common stock, vesting quarterly on each three-month anniversary of the commencement of Dr. Bedore’s participation with the Advisory Committee, provided that Dr. Bedore continue to participate with the Advisory Committee. In the event that the agreement was terminated, any unvested shares would be forfeited and not issued by the Company. The Advisory Committee Member Agreement between the Company and Dr. Bedore was terminated by both parties, effective October 7, 2014. As of that date, 400,000 of Dr. Bedore’s shares had vested and had been issued by the Company.
The Company and Dr. Gerry Bedore entered into an Advisory Committee Member Agreement, effective as of June 25, 2014. In connection with his service as a member of the Advisory Committee, and pursuant to his agreement, Dr, Bedore was entitled to receive up to 1,600,000 shares of the Company’s common stock, vesting quarterly on each three-month anniversary of the commencement of Dr. Bedore’s participation with the Advisory Committee, provided that Dr. Bedore continue to participate with the Advisory Committee. In the event that the agreement was terminated, any unvested shares would be forfeited and not issued by the Company. The Advisory Committee Member Agreement between the Company and Dr. Bedore was terminated by both parties, effective October 7, 2014. As of that date, 400,000 of Dr. Bedore’s shares had vested and had been issued by the Company.
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