leadership
confidence high
sentiment neutral
materiality 0.40
AI Era Corp appoints ex-Oracle executive Mark Iwanowski as Vice Chairman with $150k annual NSOs
AI Era Corp.
- Mark Iwanowski appointed as non-executive, advisory Vice Chairman; not a board member or officer.
- Compensation: no cash; annual NSOs with grant-date FMV of $150k, vesting 50% at 6 months, remainder over 6 months.
- Performance incentive: additional NSOs equal to 8% of first-year revenue for new clients personally introduced.
- Term: one year, auto-renew; termination with 30 days notice; unvested NSOs accelerate upon termination without cause or change of control.
- Role has no authority to bind company, hire/fire, or approve budgets; operates as independent contractor to Chairman.