leadership
confidence high
sentiment neutral
materiality 0.45
Acorn Energy enters amended consulting agreement with CFO Tracy Clifford; grants 50,000 options at $0.44
ACORN ENERGY, INC.
- Cash compensation of $17,500/month under one-year agreement with automatic renewal.
- Grant of 50,000 stock options at $0.44 per share; 25% vested immediately, remainder in three equal quarterly installments.
- Upon termination without cause, six months of continued monthly cash compensation.
- Tracy Clifford continues as CFO of Acorn and COO of OmniMetrix subsidiary; engagement is as consultant, not employee.