Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1925

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 5
Chunk 1925
---
 September 6, 2019 Employment Agreement to appoint Ms. McWidener
as Chief Accounting Officer.

On
June 4, 2021, we entered into an Employment Agreement with Ralph Valvano to take effect June 7, 2021, appointing him as the Chief Financial
Officer of Investview, Inc. The contract has a term of one year commencing on the effective date and automatically renews for one-year
periods for four consecutive years, unless terminated. Compensation for the position is $225,000 per year. Other consideration was 6,500,000
restricted shares of the Company’s common stock vesting over a five-year period with 20% vesting upon each annual anniversary of
employment. On or about June 24, 2022, we entered into an amended and restated employment agreement with Mr. Valvano pursuant to which
he will receive an annual salary of $285,000 with additional quarterly incentive cash and common stock bonuses to be paid if certain
target key performance indicators are achieved. In addition, Mr. Valvano 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). We have also agreed to grant Mr. Valvano options to purchase 37,500,000 shares of common stock at an exercise price of $0.05
per share, subject to a seven-year term and vesting over a five-year period. Mr. Valvano surrendered all rights in and to the prior grant
of restricted shares he had received.

38

On
February 10, 2022, we entered into an employment agreement with Victor M. Oviedo, our new Chief Executive Officer. Mr. Oviedo will receive
an annual salary of $415,000 with additional quarterly incentive cash and common stock bonuses to be paid if certain target key performance
indicators are achieved. In addition, Mr. Oviedo 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,