other material
confidence high
sentiment neutral
materiality 0.30
Stabilis Solutions signs consulting deal with ex-COO Aivalis; $12,500/month from Feb 2022 to Jan 2023
Stabilis Solutions, Inc.
- Consulting Agreement dated Oct 25, 2021: Enatek Services to provide James Aivalis as consultant from Feb 1, 2022 to Jan 31, 2023.
- Monthly fee of $12,500 plus health insurance benefits; Aivalis to serve as non-independent Board member without extra compensation.
- Agreement replaces prior post-retirement consulting terms under Amended Executive Employment Agreement.
- Aivalis retired as COO on Jan 31, 2021; this extends his consulting role by another year.