ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
ITEM 5.02 COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On
· The incentive compensation whereby
sale of Company products has been amended to be in perpetuity and assignable.
Previously, the commission was based on the lifetime of
·
business or assets of ALRT or its affiliates.
In connection with entering into the Employment Agreement with ALR Singapore:
1)
advancements to the GluCurve business unit;
2) the services agreement between ALRT and
3)
Officer, Chief Accounting Officer and Treasurer of ALRT.
This Employment Agreement is executed and the Services Agreement is being
terminated in connection with the redomicile merger announced in the Form 8-K
dated
Attached to this Current Report on Form 8-K, and incorporated by reference, are copies of the following documents:
1) The Employment Agreement between ALR Singapore and
Exhibit 99.1, and
2) An update letter to the Services Agreement ALRT and
Exhibit 99.2 to this Current Report on Form 8-K.
ITEM 9.01 EXHIBITS AND FINANCIAL STATEMENTS. Exhibit Document Description 99.1 Employment Agreement betweenSidney Chan and ALR Technologies SG Pte. Ltd. 99.2 Update to the Services Agreement betweenSidney Chan andALR Technologies Inc.
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