---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-008875"
form_type: "8-K"
ticker: "SCND"
cik: "0000087802"
company_name: "SCIENTIFIC INDUSTRIES INC"
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T12:23:47.785325+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Scientific Industries enters employment agreement with CFO Reginald Averilla through June 2025

## Summary
- CFO Reginald Averilla employment agreement effective July 1, 2023 through June 30, 2025.
- Base annual salary of $195,000 with discretionary 10% bonus by Board of Directors.
- Includes a 12-month post-termination noncompete covenant.

## SEC filing metadata
- accession: 0001654954-23-008875
- form_type: 8-K
- ticker: SCND
- cik: 0000087802
- company_name: SCIENTIFIC INDUSTRIES INC
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/87802/000165495423008875/0001654954-23-008875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87802/000165495423008875/scnd_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-008875
- JSON: https://secwatch.observer/filing/0001654954-23-008875.json
- Plain text: https://secwatch.observer/filing/0001654954-23-008875.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.