Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Commitments and Contingencies: Change of Control Provisions (Details)

v3.19.2
Note 8 - Commitments and Contingencies: Change of Control Provisions (Details)
6 Months Ended
Jun. 30, 2019
Change of Control Provisions  
Other Commitments, Description The Agreements with each of the executive officers provide that if a Change of Control (as defined in the Agreements) occurs and the participant is not offered substantially equivalent employment with the successor corporation or the participant’s employment is terminated without Cause (as defined in the Agreements) during the three month period prior to the Change of Control or the 24 month period following the Change of Control, then 100% of such participant’s unvested options will be fully vested and the restrictions on his restricted shares will lapse.