SVP of Sales and Marketing resigns, enters consulting agreement

PRECISION OPTICS CORPORATION, INC.

Jeffrey L. DiRubio resigns as SVP of Sales and Marketing, effective June 30, 2024.
One-year consulting agreement for $110,000 payable monthly from July 1, 2024 through June 30, 2025.
Employment agreement amended: retroactive salary increase of $25,962 and bonus of $44,000 for FY2024.
Vested stock options exercisable for one year after end of continuous service, including consulting period.
Confidentiality, non-solicitation, and non-disparagement covenants survive termination.

item 5.02 item 9.01

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Departed

Jeffrey L. DiRubio

Senior Vice President of Sales and Marketing

POCI · PRECISION OPTICS CORPORATION, INC.

Effective: 2024-06-30
Filed: July 3, 2024, 7:59 PM ET

Jeffrey L. DiRubio, the Precision Optics Corporation, Inc.’s (the “ Company ”) Senior Vice President of Sales and Marketing, resigned from the Company effective as of June 30, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey L. DiRubio resigned as Senior Vice President of Sales and Marketing at PRECISION OPTICS CORPORATION, INC..

Action: resigned
Role: Senior Vice President of Sales and Marketing

Exact text from the filing

Jeffrey L. DiRubio, the Precision Optics Corporation, Inc.’s (the “ Company ”) Senior Vice President of Sales and Marketing, resigned from the Company effective as of June 30, 2024.

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PRECISION OPTICS CORPORATION, INC. filing history →

Source: SEC EDGAR

accession 0001683168-24-004658

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