Vystar (VYST) just unveiled an update.
Jamie Rotman became the President of the Company on December 21, 2023, with her tenure extending until a successor is named or she steps down. As of July 22, 2024, she has an Employment Agreement providing an annual compensation of $180,000 in preferred or common stock at a 50% market price discount, with the option for cash payment, and a $25,000 stock signing bonus. The agreement includes a two-year severance for termination without cause and similarly for change in control events, retroactive from January 1, 2024.
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