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Posted On: 06/02/2025 8:45:24 PM
Post# of 153940
Employment Agreement between CytoDyn Inc. and Robert Hoffman (Chief Financial Officer)
*....and/or as a member of the board of directors or similar governing body of any of the Company’s subsidiaries or other Affiliates (as defined below), (b) an officer of any of the Company’s subsidiaries or other Affiliates, and/or (c) a member of any committee of the Company and/or any of its subsidiaries or other Affiliates, in each case, for no additional compensation.
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That's in addition to his Right to Buy 1m shares @ .41 cents, does not start until May 2026 @ 1st 250k shares. Fully vested out to May 2029.
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*....provided that the foregoing shall not prevent the Executive from (i) participating in charitable, civic, educational, professional, community or industry affairs, ....
https://contracts.justia.com/companies/cytody...t/1325504/
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That's a 1st ever seeing Cytodyn referencing future public awareness events....
There are also a 1st ever hypothetical change of ownership mentions & a typical golden parachute clause. Things that were not in Mitch Cohens' Agreement.
An all around outstanding Agreement for Cytodyn.
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An all around outstanding Agreement with Dr. Tripathy.
https://stocktwits.com/my69z/message/616546026
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Cytodyn is not a buy-out.
Cytodyn is a build-out.
Which will be unlike anything ever seen before
*....and/or as a member of the board of directors or similar governing body of any of the Company’s subsidiaries or other Affiliates (as defined below), (b) an officer of any of the Company’s subsidiaries or other Affiliates, and/or (c) a member of any committee of the Company and/or any of its subsidiaries or other Affiliates, in each case, for no additional compensation.
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That's in addition to his Right to Buy 1m shares @ .41 cents, does not start until May 2026 @ 1st 250k shares. Fully vested out to May 2029.
___
*....provided that the foregoing shall not prevent the Executive from (i) participating in charitable, civic, educational, professional, community or industry affairs, ....
https://contracts.justia.com/companies/cytody...t/1325504/
___
That's a 1st ever seeing Cytodyn referencing future public awareness events....
There are also a 1st ever hypothetical change of ownership mentions & a typical golden parachute clause. Things that were not in Mitch Cohens' Agreement.
An all around outstanding Agreement for Cytodyn.
___
An all around outstanding Agreement with Dr. Tripathy.
https://stocktwits.com/my69z/message/616546026
___
Cytodyn is not a buy-out.
Cytodyn is a build-out.
Which will be unlike anything ever seen before
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