secwatch.observer — SEC 8-K summary
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Issuer:     QS Energy, Inc. (QSEP)
CIK:        0001103795
Form:       8-K
Filed at:   2025-02-21T23:59:59+00:00
Accession:  0001683168-25-001173
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QS Energy enters employment agreement with CEO/CFO including $420k salary, $1.56M bonus, stock options
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- Base salary $420k/year ($35k/month); term 1 year, auto-renewing unless notice by Dec 1.
- Retention bonus of $1,557,500 payable in three milestones: signing, customer contract, $5M financing.
- Immediate stock options: 20,817,500 shares at $0.03, plus 3.5M shares at OTC pink sheet price; both fully vested, 10-year term.
- Renewal options of 3.5M shares each year, vesting monthly over 12 months.
- Additional benefits: $1,000/month home office allowance, $500/month auto allowance, health benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1103795/000168316825001173/0001683168-25-001173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1103795/000168316825001173/qsenergy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-001173

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer