CLEARSIGN COMBUSTION CORPORATION (NASDAQ:CLIR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersITEM 5.02
On October 30, 2017, ClearSign Combustion Corporation (the “Company”) and Mr. Stephen E. Pirnat’s, the Company’s President, Chief Executive Officer and Chairman of the Board of Directors, entered into a letter agreement extending the terms of Mr. Pirnat’s employment agreement dated February 3, 2015 (the “Employment Agreement”) through December 31, 2018 Other than extending the term of the Employment Agreement, there were no other changes in the terms of the Employment Agreement.
| ITEM 9.01 | Financial Statements and Exhibits. |
CLEARSIGN COMBUSTION CORP ExhibitEX-10.1 2 tv478477_ex10-1.htm EXHIBIT 10.1 Exhibit 10.1 ATTACHMENT 1 EXTENSION LETTER [CLEARSIGN LETTERHEAD] October 30,…To view the full exhibit click here
About CLEARSIGN COMBUSTION CORPORATION (NASDAQ:CLIR)
ClearSign Combustion Corporation is engaged in designing and developing technologies for managing various performance characteristics of combustion systems, such as emission and operational performance, and energy efficiency. The Company’s Duplex and Electrodynamic Combustion Control (ECC) platform technologies are used to manage the performance of combustion systems in a range of markets, including the refinery, petrochemical, chemical, power and commercial boiler industries. The Duplex burner technology typically consists of a traditional industrial burner and a porous ceramic tile. The ECC technology includes various components, such as a computer, standard software delivering algorithms to a power amplifier (resident outside the combustion chamber) and electrodes inside the combustion chamber. The ECC technology introduces a computer-controlled high voltage electric field into a combustion volume in order to control gas-phase chemical reactions.
