PACIFIC GREEN TECHNOLOGIES INC (OTCMKTS:PGTK) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01
On February 26, 2019 Pacific Green Technologies Inc. (we, us, our, the Company) appointed Richard Oliver as Chief Financial Officer of the Company. Concurrently with the appointment, we entered into an Employment Agreement with Mr. Oliver, to which he will receive compensation of $150,000 per year (inclusive of benefits) for term of the agreement which begins May 24, 2019. to the Agreement, Mr. Oliver will also be entitled to receive stock options to purchase our common shares as follows:
| 10.1 | Employment Agreement with Richard Oliver dated February 26, 2019 |
Pacific Green Technologies Inc. Exhibit
EX-10.1 2 f8k022619ex10-1_pacificgreen.htm EMPLOYMENT AGREEMENT WITH RICHARD OLIVER DATED FEBRUARY 26,…
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About PACIFIC GREEN TECHNOLOGIES INC (OTCMKTS:PGTK)
Pacific Green Technologies Inc. is a development-stage company. The Company is focused on marketing, developing and acquiring technologies designed to improve the environment by reducing pollution. The Company has a network of agents to market the ENVI-Clean system. The ENVI-Clean system removes the sulfur dioxide, particulate matter, greenhouse gases and other hazardous air pollutants from the flue gases produced by the combustion of coal, biomass, municipal solid waste, diesel and other fuels. The ENVI-Clean system consists of five components: an induced draft fan; a gas conditioning chamber; the ENVI-Clean unit; a demister, and settling tanks. The ENVI-Clean system has various applications, including pulverized coal and stoker-grate boilers; heavy oil fired boilers; biomass and waste to energy boilers; lime kilns, dryers, shredders and foundries; industrial exhaust scrubbing of particulates and acid gases; diesel engines, and large marine and stationary engines, among others.
