Janus Capital Group Just Filed Its Quarterly Report: On April 1, 2014, we...


On April 1, 2014, we appointed Ms. Patsy Trisler as the Company’s Vice President – Clinical & Regulatory Affairs and entered into an at-will consulting agreement (the “Trisler Consulting Agreement”) with Ms. Trisler. Pursuant to the terms of the Trisler Consulting Agreement, Ms. Trisler will receive a monthly fee of $5,000, which covers her services for up to 40 hours in any given month and will pay her an hourly fee of $125 for every hour in excess of forty, prorated for any partial hour. The Consulting Agreement may be terminated at any time by either Ms. Trisler or the Company. In addition to Ms. Trisler’s fee, she was issued Option Shares to purchase up to 50,000 shares of t he Company’s common stock at a price of $1.05 per share, the closing price of the Company’s common stock as quoted on the OTCQB on March 31, 2014. The Options Shares may be exercised on a “cashless basis” using the formula contained therein and, subject to Ms. Trisler’s continued service as the Company’s Vice President – Clinical & Regulatory Affairs, vest as follows: (a) 10,000 Options Shares vest on April 1, 2015; (b) 10,000 Options Shares vest on April 1, 2016; (c) 10,000 Options Shares vest on April 1, 2017; (d) 10,000 Options Shares vest on April 1, 2018; and (e) 10,000 Options Shares vest on April 1, 2019.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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Other recent filings from the company include the following:

General form for registration of securities under the Securities Act of 1933 - Oct. 20, 2014

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