secwatch.observer — SEC 8-K summary
======================================

Issuer:     CRYO CELL INTERNATIONAL INC (CCEL)
CIK:        0000862692
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0001564590-21-040910
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/862692/000156459021040910/0001564590-21-040910-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/862692/000156459021040910/ccel-8k_20210729.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-040910

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer