---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-006638"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T09:40:03.114435+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# COO William Rogers departs role, becomes Project Development Advisor under settlement agreement

## Summary
- Settlement payment of $75,000 for lost vacation, life insurance, and related costs through Dec 31, 2023.
- Employment agreement extended through Dec 31, 2023; title changes from COO to Project Development Advisor, reporting to David Villarreal.
- Non-compete extended through Dec 31, 2023; mutual release of claims; non-disparagement clause.
- Consulting agreement with Safe and Green Development Corp. from Jan 1, 2024: $15,000/month + $250/hour over 60 hours; COBRA, RSU eligibility.
- Executive eligible for RSU grants under subsidiary's stock incentive plan, subject to board approval.

## SEC filing metadata
- accession: 0001013762-23-006638
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000101376223006638/0001013762-23-006638-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000101376223006638/ea187247-8k_safeandgreen.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-006638
- JSON: https://secwatch.observer/filing/0001013762-23-006638.json
- Plain text: https://secwatch.observer/filing/0001013762-23-006638.txt

## Key facts
- Executive change
  William Rogers changed role as Project Development Advisor at OLENOX INDUSTRIES INC..
  - Action: changed
  - Role: Project Development Advisor
  source text: the parties agreed that Mr. Rogers’ title under the Employment Agreement will change from COO to Project Development Advisor
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000101376223006638/0001013762-23-006638-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.