Company: VYND
Filing Date: 2025-03-24
Form Type: 10-K
Source: 0001079973-25-000452
Chunk: 2

Company: Vynleads, Inc.
Filing Date: 2025-03-24
Form: 10-K
Item: Item 9B
Chunk 2
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 or organization that has disciplinary authority over its members or persons associated with a member.

Board Committees

We have not established any committees
of our board of directors, including an audit committee, a compensation committee or a nominating committee, or any committee performing
a similar function. The functions of those committees are being undertaken by the board of directors as a whole. Because we do not have
any independent directors, we believe that the establishment of these committees would be more form than substance.

Our securities are not quoted
on an exchange that has requirements that a majority of our board members be independent, and we are not currently otherwise subject to
any law, rule or regulation requiring that all or any portion of our board of directors include “independent” directors, nor
are we required to establish or maintain an audit committee or other committees of our board of directors.

Also, Mr. Stetsenko, one of our
directors, is considered an "audit committee financial expert" within the meaning of Item 401(e) of Regulation S-K.

Code of Ethics

We have adopted a Code of Business
Conduct and Ethics that applies to our President and Chief Executive Officer and Chief Operating Officer, and which will apply to our
Chief Financial Officer or any other persons performing similar functions, if and when such positions are hired by us. This code provides
written standards that we believe are reasonably designed to deter wrongdoing and promote honest and ethical conduct, including the ethical
handling of actual or apparent conflicts of interest between personal and professional relationships, and full, fair, accurate, timely
and understandable disclosure in reports we file with the Securities Exchange Commission.

32 

ITEM 11.    EXECUTIVE COMPENSATION

The following table sets forth information concerning
the compensation of our principal executive officer for the current reporting period is as follows:

    Name and principal position
     
    Year

    Salary
    ($)

    Bonus
    ($)

    Stock
    Awards
    ($)

    Option
    Awards
    ($) 

    No equity
    incentive plan
    compensation
    ($)

    Non-qualified
    deferred
    compensation
    earnings
    ($)

    All
    other
    compensation
    ($)

    Total
    ($)

    Alex J. Mannine,

    2023

    130,000

    —  

    —  

    —  

    —  

    —  

    —  

    130,000

    Chief Executive