MERIDIAN WASTE SOLUTIONS, INC. (OTCMKTS:MRDN) Files An 8-K Entry into a Material Definitive Agreement

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MERIDIAN WASTE SOLUTIONS, INC. (OTCMKTS:MRDN) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement

As previously reported, on November 1, 2016, Meridian Waste Solutions, Inc.(the “Company”)entered into those certain Director Agreements(the “Director Agreements”)with Thomas J. Cowee, Jackson W. Davis, Jr. and Joseph F. Ardagna, (each referred to hereinafter as a “Director”, and collectively, the “Directors”), respectively, in connection with their respective appointments to the Board of Directors of the Company(the “Board”). On April 9, 2018, the Compensation Committee of the Board recommended that the Board approve modifications to the Director Agreements to increase each of the Directors compensation for serving as a Director to $3,000 per month (from $2,000 per month), while eliminating the cash fee for attending telephonic meetings of the Board (the “Agreement Modifications”). On April 9, 2018, the Board approved the Agreement Modifications. The Company will be entering into amendments to the Director Agreements with the Directors to reflect the Agreement Modifications (the “First Amendment to Director Agreement”).

The above description of the First Amendment to Director Agreements does not purport to be complete and is qualified in its entirety by reference to such agreements, a form of which is attached hereto as Exhibit 10.1 to this Current Report on Form 8-K.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.02

Item 9.01Exhibits.

Exhibit No. Description
10.1 Form of First Amendment to Director Agreement*

*filed herewith


Meridian Waste Solutions, Inc. Exhibit
EX-10.1 2 f8k040918ex10-1_meridian.htm FORM OF FIRST AMENDMENT TO DIRECTOR AGREEMENT Exhibit 10.1   FirsT Amendment to DIRECTOR Agreement    This First Amendment to DIRECTOR Agreement (this “Amendment”) is entered into as of April 12,…
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About MERIDIAN WASTE SOLUTIONS, INC. (OTCMKTS:MRDN)

Meridian Waste Solutions, Inc., formerly Brooklyn Cheesecake & Desserts Company, Inc., is an integrated provider of non-hazardous solid waste collection, transfer and disposal services in Missouri. The Company is primarily in the business of residential and commercial waste hauling and has contracts with various cities and municipalities. As of September 30, 2016, the Company, through its subsidiaries, provides solid waste collection services to approximately 65,000 industrial, commercial and residential customers in the Metropolitan St. Louis, Missouri area. The Company operates through Here To Serve Missouri Waste Division, LLC (HTSMWD), Here To Serve Georgia Waste Division, LLC (HTSGWD), Meridian Land Company, LLC (MLC), and Christian Disposal, LLC and subsidiary (CD). In addition, it rents waste containers and provides collection services to construction, demolition and industrial sites.

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