Karbon-X Corp. (KARX) Form 8-K — Jun 5, 2026
Karbon-X Corp. filed an 8-K reporting the entry into a material definitive consulting agreement with Chad Clovis, effective May 18, 2026, appointing him as Chief Executive Officer. The agreement provides Clovis with a base salary of $450,000 per year, a target milestone bonus of $150,000, and the grant of 1,500,000 stock options under the company’s 2024 equity plan.
Key figures
- Base Salary
- 450000
- Target Bonus
- 150000
- Stock Options Granted
- 1500000
- Severance Period
- 12 months minimum
- Change In Control Multiplier
- 2x severance period
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