Company: AGSS
Filing Date: 2025-05-08
Form Type: 10-K/A
Source: 0001829126-25-003478
Chunk: 27

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-08
Form: 10-K/A
Chunk 27
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 ethics that applies to our principal executive officer, principal financial officer, principal accounting officer, or persons performing similar functions, because of the small number of persons involved in the management of the Company.

ITEM 11. EXECUTIVE COMPENSATION

Executive positions and salaries:

| Name and Position                |     | Year |     |  Salary 
     ($) |     |  Bonus 
    ($) |     |        Other 
 Compensation 
          ($) |     |   Total 
     ($) |
| Lawrence Garcia - CEO            |     | 2023 |     | 188,351 |     | 50,000 |     |       21,279 |     | 259,630 |
|                                  |     | 2022 |     | 146,551 |     |      - |     |       21,279 |     | 167,830 |
| Michael Goosen, CPA - Former CFO |     | 2023 |     | 150.000 |     | 20,000 |     |        1,038 |     | 171,038 |
|                                  |     | 2022 |     | 134,250 |     |      - |     |          650 |     | 134,900 |

Employment Agreements

As of December 31, 2023, there are no employment agreements in place. It is the intention of ownership to rely on the recommendation of the compensation committee appointed by the Board of Directors.

Outstanding Equity Awards at Fiscal Year-End

There were no outstanding equity awards held by our officers as of December 31, 2023.

Long-Term Incentive Plans and Awards

There were no awards made to a named executive officer in fiscal 2023 and 2022 under any long-term incentive plan.

Director Compensation

Directors are permitted to receive fixed fees and other compensation for their services as directors. The Board of Directors has the authority to fix the compensation of directors.

Payments to Directors totaled $121,000 for the year ended December 31, 2023, and $24,000 for the year ended December 31, 2022.

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ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

Beneficial ownership is determined in accordance with SEC rules and generally includes voting or investment power with respect to securities. All share ownership figures include shares of our Common Stock issuable upon securities convertible or exchangeable into