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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: FREAKAZOID who wrote (15662)	1/24/1999 1:19:00 AM
From: Bald Eagle	Read Replies (1) \| Respond to of 44908

<<I am sure RG did this deal Knowing Piercy was gone soon. >> Depends upon what you mean by soon. Options for five years based on performance for three years. Personally, I don't consider that to be soon: Under the terms of the employment contract, Mr. Piercy is entitled to: (i) a salary of $250,000 per annum; (ii) 1,1,00,000 shares of common stock of the Registrant registered on Form S-8; and (iii) options to acquire 2,500,000 shares of restricted common stock of the Registrant, at an exercise price of $.40 per share, for a period of five (5) years, which options will vest and become exercisable only if CCI attains certain revenue and profit margin targets over the next three years.