GridAI Technologies Corp. Appoints Jason D. Sawyer as Chief Executive Officer and Enters into Amended Consulting Agreement
GridAI Technologies Corp. has appointed Jason D. Sawyer as its Chief Executive Officer, transitioning from his interim role. This appointment is formalized through an Amended and Restated Consulting Agreement with Access Alternative Group S.A., effective December 19, 2025. The agreement has an initial two-year term, renewable annually, and outlines Sawyer's duties in managing operations, developing strategic plans, and performing other CEO-related functions. Sawyer will be compensated with a base salary of $25,000 per month, retroactive to October 1, 2025. Additionally, a quarterly fee of $20,000 is payable for maintaining Nasdaq compliance. Upon shareholder approval of the acquisition of Grid AI Corp, a one-time payment of $150,000 and 400,000 shares will be issued. The agreement also includes restricted stock units for 1,000,000 shares, vesting quarterly throughout 2026, with provisions for immediate vesting upon termination without cause, change in control, or conversion of Series H preferred stock. The Company will also provide indemnification and maintain Directors and Officers liability insurance for Sawyer. The agreement specifies terms for termination, severance, and defines "Cause" and "Change in Control" events.