---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-026510"
form_type: "8-K"
ticker: "AVX"
cik: "0001826397"
company_name: "AVAX ONE TECHNOLOGY LTD."
filed_at: "2024-07-08T23:59:59+00:00"
generated_at: "2026-05-31T23:07:16.212174+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# AgriForce sets new CEO compensation at $220k cash + $220k RSUs; Chairman gets $45k cash + deal-based RSUs

## Summary
- Chairman David Welch receives $45,000/year cash plus RSUs valued at $50,000 per consummated acquisition or JV.
- CEO Jolie Kahn gets $220,000/year cash, payable monthly at $9,166.67, with an additional $9,166.67/month accrued quarterly.
- Kahn also receives $220,000/year in RSUs, payable quarterly starting September 30, 2024.
- RSUs are computed using 30-day trailing VWAP; dollar value based on prior day's closing price.
- Kahn becomes eligible for health benefits effective January 1, 2025; both may get additional bonuses.

## SEC filing metadata
- accession: 0001493152-24-026510
- form_type: 8-K
- ticker: AVX
- cik: 0001826397
- company_name: AVAX ONE TECHNOLOGY LTD.
- filed_at: 2024-07-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826397/000149315224026510/0001493152-24-026510-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826397/000149315224026510/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-026510
- JSON: https://secwatch.observer/filing/0001493152-24-026510.json
- Plain text: https://secwatch.observer/filing/0001493152-24-026510.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
