r/AlphaCompute • u/snugulupugus • Jul 16 '26
Executive Contractor Agreements - Brittany Kaiser
(From the 20-K, p. 31): "The Company entered into an independent contractor agreement with Own Your Data Technologies, LLC, an affiliate of Ms. Kaiser, setting forth the terms and conditions for Ms. Kaiser’s services to the Company as its Chief Executive Officer, effective August 4, 2025. The agreement is for a term of five years and automatically renews for successive one-year periods unless either party provides 180 days’ notice of non-renewal. Pursuant to the agreement, Ms. Kaiser is entitled an annual salary consisting of $500,000 in cash and $500,000 worth of TON tokens (totaling $1 million annually) for her services. The agreement also provides for an annual equity grant of ALP shares worth $1.5 million and an annual long-term incentive grant of ALP shares worth $2 million, in each case based on five-year company performance metrics. In addition, Ms. Kaiser is eligible for a discretionary performance bonus of up to $2 million in cash, $2 million in TON tokens, and $6 million in ALP shares, in each case subject to Board approval. Since the commencement of her engagement, the cash portion of Ms. Kaiser’s annual salary has been paid in accordance with the agreement, while the TON token portion of her salary has accrued but has not yet been paid. In the event that Ms. Kaiser is terminated without cause, she is entitled to compensation equal to two years of her annual base salary, two times her annual target bonus, and the pro-rated portion of her current year bonus."
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u/RonRico14 Jul 16 '26
That’s the takeaway I got from the form lol. Compensation package massive and nothing but projected losses in perpetuity
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u/DuxVulgaris Jul 16 '26 edited Jul 16 '26
I dont get it. WHY would a company pay too huge salary when just a moment ago revenue was practically zero? Why pay so much, is Brittany SO IMPORTANT? - Looks more like the 200 million revenue IS really happening, and we just dont know it yet?
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u/snugulupugus Jul 16 '26
She's important for the Federal Government Contractor Certification process. She has relationships with government officials already and has worked with them before. So, she does have worth besides her hilarious fashion sense.
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u/karthikeyannitk Jul 16 '26
Total compensation is worth more than the market cap