Bioxytran modifies officer severance terms after $1.27M salary forfeiture

BIOXYTRAN, INC

Officers forfeited $1,273,000 in accrued salaries and benefits on Aug 1, 2022.
New severance: 3x annual salary plus target bonus (2x if within 12 months of change of control).
Continued health coverage for 12 months and outplacement up to $50,000 provided.
Amendment replaces prior $100,000 lump-sum severance provision.

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