secwatch.observer — SEC 8-K summary
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Issuer:     Awaysis Capital, Inc. (AWCA)
CIK:        0001021917
Form:       8-K
Filed at:   2022-07-29T23:59:59+00:00
Accession:  0001493152-22-020718
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Awaysis Capital enters employment agreement with Chief Legal Counsel Tyler Trumbach; base salary $150k, 500k options
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- Tyler Trumbach entered employment agreement as Chief Legal Counsel with base salary of $150,000 per year, payable in stock or cash.
- Eligible for annual bonus up to 200% of base salary based on performance objectives.
- Granted options to purchase 500,000 shares of common stock, vesting on one-year anniversary of start date.
- Upon termination without cause, entitled to 12-month base salary severance (if release signed), unless company elects to enforce non-compete.
- Agreement includes customary confidentiality, non-solicitation, and non-compete provisions for one year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1021917/000149315222020718/0001493152-22-020718-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1021917/000149315222020718/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-020718

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