Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 515

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9C
Chunk 515
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 must pay to the executive, no later than 90 days following his termination, any quarterly cash bonuses, market capitalization
bonuses, up-listing cash bonuses that he earned for any fiscal quarters prior to the termination of his employment; and (iv) we shall
pay or reimburse him for his and his covered dependents continued coverage under our group medical, dental and health plans during the
applicable severance period. The employment agreements with Messrs. Oviedo, Bell and Valvano also contain a change of control provision
whereby the executive’s unvested options shall immediately vest if his employment is terminated without cause or for good reason
within 12 months of a change in control. For purposes of these employment agreements, the term “change in control” is as
defined in our 2022 Incentive Plan. The receipt of any severance by these executives is conditioned upon his execution of a broad release
of claims.

Other
Change in Control Arrangements

The
Investview, Inc. 2022 Incentive Plan under which awards have been issued to our named executive officers and directors contains “change
in control” provisions. Under the 2022 Incentive Plan, without limiting the authority of the Board or a committee delegated authority
by the Board to adjust awards, if a “change in control” of the Company occurs, then, unless otherwise provided in the award
or other agreement, if an award is continued, assumed or substituted by the successor entity, the award will not vest or lapse solely
as a result of the change of control but will instead remain outstanding under the terms pursuant to which it has been continued, assumed
or substituted and will continue to vest or lapse pursuant to such terms.

39

Policies
and Practices Related to the Grant of Certain Equity Awards Close in Time to the Release of Material Nonpublic Information

During
fiscal 2024, we granted 16,000,000 stock options or similar awards as part of our equity compensation program. When granting equity awards,
we do not grant equity awards in anticipation of the release of material nonpublic information, and we do not time the release of material
nonpublic information based on equity award grant dates or for the purpose of affecting the value of executive compensation. In addition,
we do not take material nonpublic information into account when determining the timing and terms of such awards. 

Item
12. Security Ownership of Certain Beneficial Owners, Management and Related Stockholder Matters

The
following