other material
confidence medium
sentiment neutral
materiality 0.30
AB International Group amends CEO employment to allow stock-for-cash salary if cash short
AI Era Corp.
- CEO Chiyuan Deng's monthly salary remains $15,000 ($180,000/year).
- If cash is short, salary may be paid in common shares at market price.
- Employee to return 266,667 shares from the initial 400,000-share upfront grant.
- No other changes to the employment agreement terms.