On June 30, 2014 Mr. Copetti entered into an Executive Employment Agreement with an effective date of February 10, 2014, wherein (i) he will be paid CA$20,000 per month or (CA$240,000 per year) until December 31, 2014, (ii) he will be illegible for annual and special bonuses as determined by the Board of Directors; (iii) he will be reimbursed up to CA$5,000 for gym membership and medical tests; and (iv) he will receive a severance of twelve months on termination of employment by the Company, other than for cause. Mr. Copetti’s salary was adjusted to CA$31,250 per month or (CA$375,000 per year) in October 2014. The Executive Employment Agreement has lapsed and Mr. Copetti and the Company are currently negotiating a definitive employment agreement.

We know this 3 month period was very significant for Poet.........AM came on board, a collaboration agreement with Synopsys, Lee and Sam left Poet in October, AM and PC at the Google EC Event. IMO the change to PC's Compensation is due to a major development that happened at this point.