I'd suggest that his employment terms would have been nullified when the company was delisted. That employment contract was created long before the delisting and as a private company it cannot reach $1 bil MC anyway. The targets for the company to be granted the second tranche of $25 mil by Motive Partners were never revealed, although you could take a guess that they were reached because the company is being redomiciled. I'd be saying his bonuses would have been dramatically changed and would be milestones for market penetration and sales, but MC milestones cannot be achieved.
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