180 Life Sciences appoints Quan Anh Vu as COO/CBO; salary $390k, 275k option grant

FORUM MARKETS Inc

Quan Anh Vu appointed COO/CBO effective October 29, 2021; employment agreement dated Oct 27, effective Nov 1, 2021.
Base salary of $390,000 per year, with 5% potential annual increase and $10k bump upon $50M+ financing.
Initial option grant of 275,000 shares vesting monthly over 48 months; immediate vesting on change of control or termination without cause.
Target annual bonus of 50% of base salary based on performance objectives; can be paid in cash or stock.
Severance: 12 months base salary plus pro-rata bonus if terminated without cause or for good reason, subject to release.

item 5.02 item 9.01

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Appointed

Quan Anh Vu

Chief Operating Officer/Chief Business Officer

FRMM · FORUM MARKETS Inc

Effective: 2021-10-29
Filed: November 2, 2021, 7:59 PM ET

Effective on October 29, 2021, the Board of Directors of 180 Life Sciences Corp. (the “ Company ”, “we” and “us”), appointed Mr. Quan Anh Vu as Chief Operating Officer/Chief Business Officer (“ COO/CBO ”) of the Company.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Quan Anh Vu was appointed as Chief Operating Officer/Chief Business Officer at FORUM MARKETS Inc.

Action: appointed
Role: Chief Operating Officer/Chief Business Officer

Exact text from the filing

Effective on October 29, 2021, the Board of Directors of 180 Life Sciences Corp. (the “ Company ”, “we” and “us”), appointed Mr. Quan Anh Vu as Chief Operating Officer/Chief Business Officer (“ COO/CBO ”) of the Company.

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Source: SEC EDGAR

accession 0001213900-21-055978

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