Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 430

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9B
Chunk 430
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 quarterly incentive cash and common stock bonuses to be paid if certain target key
performance indicators are achieved. In addition, Mr. Bell shall be eligible to receive: (i) periodic cash and common stock “Market
Capitalization” bonuses once we achieve certain pre-determined minimum levels of market capitalization, share price and trading
volume; and (ii) a one-time cash “Up-Listing” bonus upon our shares being listed on the Nasdaq Stock Market, the New York
Stock Exchange, the NYSE American or such other national stock exchange as approved by the board of directors (or committee thereof).
During June 2022, in connection with his services to the Company as an executive officer, we awarded to Mr. Bell options to purchase
an aggregate of 75 million shares of our common stock at an exercise price of $0.05 per share. The options are subject to a seven-year
term and vest over a five-year period following the date of grant. Additional options were granted to Mr. Bell in connection with his
service to the Company as a member of its Board of Directors. See “Directors’ Compensation” above.

We
have also entered into indemnification agreements with our current named executive officers and directors.

Potential
Payments Upon Termination of Employment or Change in Control

Employment
Agreements

The
employment agreements with our named executive officers contain severance provisions, including in connection with a change of control,
intended to induce these executives to continue employment with our Company and to retain them and provide consideration to them for
certain restrictive covenants that apply following a termination of employment.

Under
each of our employment agreements with Messrs. Oviedo, Bell, and Valvano, we may terminate the agreement at any time. If we terminate
the agreement due to the executive’s disability or death, the executive’s unvested options that are scheduled to vest during
the period from the date of termination through the next scheduled vesting date will immediately vest and the remaining unvested options
shall terminate and be forfeited, and we must pay to the executive or his estate, no later than 90 days following his termination, any
quarterly cash bonuses, market capitalization bonuses, up-listing cash bonuses that he earned for any fiscal quarters prior to the termination
of his employment, as well as a lump sum amount in cash equal to 6 months base salary. If the executive terminates the agreement for
good reason or we terminate for any reason other than for