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Posted On: 01/28/2022 2:06:48 PM
Post# of 148878
Re: HHIGambler #116647
Well now when I read it again it states without further action and he was deemed to have resigned. Ill paste it here because its a little confusing when they use terminated and resigned in the same sentance.
Sorry for the misrepresentation, I guess my eyes dont see so well theses days what with all the red on my screen this week.
"b) On January 24, 2022, the Board of Directors (the “Board”) of CytoDyn Inc. (the “Company”) terminated the employment of the Company’s President
and Chief Executive Officer, Nader Z. Pourhassan, Ph.D., and removed him as an officer of the Company. Under the terms of his employment agreement,
Dr. Pourhassan was also deemed to resign, without any further action or notice, from all positions held with the Company and its subsidiaries, including,
without limitation, as a member of the Board.
Sorry for the misrepresentation, I guess my eyes dont see so well theses days what with all the red on my screen this week.
"b) On January 24, 2022, the Board of Directors (the “Board”) of CytoDyn Inc. (the “Company”) terminated the employment of the Company’s President
and Chief Executive Officer, Nader Z. Pourhassan, Ph.D., and removed him as an officer of the Company. Under the terms of his employment agreement,
Dr. Pourhassan was also deemed to resign, without any further action or notice, from all positions held with the Company and its subsidiaries, including,
without limitation, as a member of the Board.
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