Alkaline Water awards 2.55M restricted shares, 900K options; formalizes CFO deal, adds director

ALKALINE WATER Co INC

Granted 2,550,000 restricted shares to 13 U.S. and 1 non-U.S. person; 50% vest now, balance in 6-12 months.
Granted 900,000 stock options at $0.25/share to 6 U.S. persons; exercisable for 10 years, vest 50% at 1 and 2 years.
Entered employment agreement with CFO David Guarino: $252K salary, bonus up to 50% based on KPIs, 12-month severance.
Appointed David Rauch as director and member of audit and compensation committees.

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