Mr. Dennis Danzik reports
RDX CFO SIGNS A MULTI-YEAR EMPLOYMENT AGREEMENT
RDX Technologies Corp.'s board of directors has approved a new three-year employment contract
for Kevin Bridges, the company's chief financial officer. The contract
includes a grant of 500,000 incentive share awards under the terms of
the share award plan of the corporation approved by shareholders on
Feb. 10, 2012. The share awards are granted in tandem
and may be exercised by the recipient as stock options or stock
appreciation rights in accordance with the provision of the plan. The
share awards are subject to vesting provisions as established by the
corporation's compensation committee.
Dennis M. Danzik, RDX's chief executive officer, stated: "I am extremely pleased that Kevin
Bridges has chosen to make this long-term commitment to RDX, and, as a
company, we are more than committed to Kevin's success here at RDX. In
the past year, Kevin's financial guidance has proven invaluable. Over
the last five months of restructuring the company and gaining precise
focus, Kevin has delivered above and beyond the call. Kevin is one of
the most dedicated, and skilled CFOs that I have had the pleasure to
work with, and the balance of our employee team here at RDX expresses
the same sentiment."
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