Re: Patriot Scientific Corporation Announces Baroni. optymystic

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Re: Patriot Scientific Corporation Announces Baroni. optymystic

in response to

Re: Patriot Scientific Corporation Announces Baroni Management Company Engaged .

optymystic

posted on Sep 24, 2009 10:10AM

Makes perfect sense, since a merger with TPL is mentioned in RG's contract.

100% of the shares subject to the Event Bonus Option will vest, and Executive's interim position will be converted to standing President/CEO, upon the effective date of any one of the following events: (i) the successful closing of a merger or acquisition brought forth primarily due to the efforts of Executive (excluding any merger or acquisition with TPL or any affiliated company) as approved by the Board of Directors

http://msnmoney.brand.edgar-online.com/DisplayFilingInfo.aspx?TabIndex=2&FilingID=5950057&companyid=6305&ppu=%252fDefault.aspx%253fticker%253dptsc