leadership
confidence high
sentiment neutral
materiality 0.25
XMAX renews CFO Jeffery Chuang's employment for one-year term at $80,000 salary
XMax Inc.
- On August 22, 2026, XMAX Inc. renewed CFO Jeffery Chuang's Employment Agreement for a one-year term, renewable by mutual agreement.
- Annual salary set at $80,000, payable monthly; eligible for an annual cash bonus at the Board's sole discretion.
- Chuang receives 12 paid vacation days per year and participation in general employee benefit plans, including health, dental, and 401K if instituted.
- No severance payments; includes a 6-month non-compete and ongoing non-solicitation obligations.