BackSummary
Alpha Technology Group Limited filed a Form 6-K disclosing a form of employment agreement for executive compensation in Class A ordinary shares.
Key takeaways
- Employment agreement provides initial annual compensation of 2,300 Class A ordinary shares with immediate vesting and 3-year lock-up.
- Additional compensation may include cash salary, equity awards, and bonuses at Board discretion.
- Executive is subject to a 12-month non-compete and perpetual confidentiality obligations post-employment.
- Intellectual property created during employment and 12 months after termination is assigned to the Company.