Lightwave Logic amends CEO and President compensation; grants stock options

Lightwave Logic, Inc.

CEO Dr. Lebby: $400k base salary, $200k bonus target, option for 100k shares at $9.65.
President/COO Marcelli: $350k base salary, $140k bonus target, option for 80k shares at $9.65.
Options vest monthly over 12 months starting Jan 31, 2022; expire Jan 17, 2032.
Board adopted new indemnification agreement for directors and officers; Lebby and Marcelli signed.

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