Karbon-X appoints Chad Clovis as CEO with $450K base, 1.5M options, $150K milestone bonus

Karbon-X Corp.

Chad Clovis appointed CEO of Karbon-X effective May 18, 2026 with base compensation of $450,000 per year.
Executive granted 1,500,000 stock options under 2024 Stock Option Plan and eligible for $150,000 bonus upon NASDAQ listing or change of control.
Severance includes continuation of base salary for 12 months if terminated without cause; double that period for change-in-control termination.
Clovis operates as independent contractor, not employee; no personal liability for company debts.

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