Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 346

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9A
Chunk 346
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    annually over a five-year period following grant.

Employment
Agreements

On
September 6, 2019, the Company entered into an Employment Agreement with Jayme McWidener that became effective September 15, 2019, appointing
her as Chief Financial Officer. The Employment Agreement has a term of two years commencing on the effective date and automatically renews
for one-year periods for three consecutive years, unless terminated prior to the 90th day following the expiration of the
applicable term. Compensation for the position is $175,000 per year plus expenses. Other consideration is 20,000,000 restricted shares
of the Company’s common stock vesting over a two-year period with one third vesting upon issuance and one third vesting on each
of the next two anniversaries. On June 7, 2021, the Company amended the 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