Bright Green Corp. (BGXX) just unveiled an update.
Bright Green Corporation has revised its CEO Gurvinder Singh’s employment agreement, setting a rising base salary structure starting at $35,833.33 per month and increasing over the next three years. Alongside standard benefits and expense reimbursements, Singh is granted 5.5 million restricted stock units under the company’s incentive plan, with varying vesting conditions linked to company milestones and performance, including fundraising achievements and operational successes. The new agreement also includes typical non-compete and non-solicitation clauses.
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