other material
confidence high
sentiment neutral
materiality 0.70
Awaysis Capital finalizes employment deals for CEO and President with $750K salary, $500K restricted stock each
Awaysis Capital, Inc.
- CEO Michael Singh and President Andrew Trumbach each receive $750,000 annual base salary retroactive to Dec 1, 2021.
- Each granted restricted stock worth $500,000 (50M shares at par) vesting 50% on grant and 50% on Dec 1, 2023.
- Each granted options for 11,250,000 shares at fair market value on grant date, fully vested upon grant.
- Annual bonus opportunity of 100%-400% of base salary based on performance objectives.
- Severance: 12 months' salary if terminated without cause, subject to release and non-compete clauses.