Drone USA, Inc. (OTCMKTS:DRUS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On August 17, 2017, Paul Charles (“Chuck”) Joy and Kathryn Joy provided their 30 day notices of termination to be effective September 11, 2017, to the Board of Directors of the registrant (“Drone USA”) in accordance with the terms of their respective Employment Agreements. Chuck Joy is Executive Vice President of our wholly-owned subsidiary, Howco Distributing Co. (“Howco”), which he founded with his wife, Kathryn Joy, who serves as its Operations Manager. Under the terms of their Employment Agreements they could resign without cause within the first 12 months of their sale of Howco to Drone USA so long as Howco had the personnel to perform their duties.