Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 595

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 10
Chunk 595
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 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, 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. Oviedo options to purchase an aggregate of 100 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. Oviedo in connection with his service to the Company as a member
of its Board of Directors. See “Directors’ Compensation” above.

On
February 22, 2022, we entered into an employment with our President and Chief Operating Officer, James R. Bell. Mr. Bell will
receive an annual salary of $335,000 with additional 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 202