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Pastimes : Zenyatta Free Speech Board

ZEN 77.48

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Nov 21 4:00 PM EST

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To: stuffbug who wrote (21968)	4/19/2018 9:27:54 AM
From: Clinteroo	of 22811

Stuffbug, it appears that any missed payments results in the balance being due and payable. This is an acceleration clause which is relatively common in contracts. I would agree that AE does not have an obligation to accept shares. So why would he? Anyone would take cash instead of shares. If the dissidents win, I dont think they have much of an argument against AE. The best argument they have is that the recent agreement is not done in good faith and, therefore, not enforceable. However, I dont think there is much of an argument. The original employment agreement has been around for many years. Everyone knew about it... or at least should have. The original agreement calls for severance to be paid immediately. This new agreement spreads it out over many years so it is better for the company so I think they have an uphill battle. Will be interesting to watch. Wonder which "great" graphite company will do worse over the next 12 months... quite a battle we have going....

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