EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • April 21st, 2017 • INTREorg SYSTEMS INC. • Services-computer integrated systems design • Texas
which is that, after giving effect to the transaction, the Company is no longer the “beneficial owner” (as such term is defined in Rule 13d-3 and Rule 13d-5 promulgated under the Securities Exchange Act of 1934), directly or indirectly through one or more intermediaries, of more than 50% of the voting power of the outstanding voting securities of the entity; or (iii) a transaction or series of transactions (including by way of merger, consolidation, recapitalization, reorganization, or sale of securities) the result of which is that, after giving effect to such transaction, the stockholders immediately before the transaction are no longer, in the aggregate, the “beneficial owners” (as such term is defined in Rule 13d-3 and Rule 13d-5 promulgated under the Securities Exchange Act of 1934), directly or indirectly through one or more intermediaries, of more than 50% of the voting power of the outstanding voting securities of the Company. “Applicable Law” means the applicable requirements
