Cryo-Cell signs new employment agreement with CIO Oleg Mikulinsky; $300K salary, $35K signing bonus

CRYO CELL INTERNATIONAL INC

Effective Aug 1, 2021, Cryo-Cell entered a 2-year employment agreement with CIO Oleg Mikulinsky.
Annual base salary of $300,000; discretionary bonus up to 25% of base salary.
One-time signing bonus of $35,000 in cash upon effective date.
Severance of 12 months base salary payable over 3 years for termination without cause or resignation with good reason.
Company will pay COBRA medical/dental premiums for up to 24 months post-termination.

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