Eva Live Inc. has entered a new Executive Employment Agreement with CEO David Boulette, offering a base salary of $800,000 and potential stock incentives. This change aims to align executive compensation with company performance and growth objectives, enhancing Shareholder value.

Key Highlights

  • David Boulette will receive an annual base salary of $800,000, increasing by 10% annually.
  • The first milestone to trigger stock issuance was achieved when the company uplisted to Nasdaq on January 28, 2026.
  • Eva Live Inc. (NASDAQ: GOAI) has established a new Executive Employment Agreement with David Boulette, its Chief Executive Officer, effectively replacing the prior agreement from May 31, 2025.

Eva Live Inc. (NASDAQ: GOAI) has established a new Executive Employment Agreement with David Boulette, its Chief Executive Officer, effectively replacing the prior agreement from May 31, 2025. The agreement, set for an initial five-year term, includes automatic one-year renewals unless either party opts out with appropriate notice. This salary structure reflects the company’s commitment to retaining Boulette while linking compensation to specific growth metrics.

Under the contract's stipulations, investors can expect a continued focus on performance-driven leadership.

Performance-Based Incentives

The new employment agreement outlines specific performance milestones that could earn Boulette up to 1,000,000 shares of Series A Convertible Preferred Stock. The progression includes awarding 200,000 shares for each year based on the fulfillment of defined targets. The first milestone, successfully uplisting to a national securities exchange, was completed on January 28, 2026, enabling the issuance of the first batch of shares.

Subsequent years will focus on key objectives such as executing an Acquisition with a minimum value of $5 million or launching a significant product projected to Yield similar revenue. Achieving these milestones is critical for the overall strategic goals of the company and reinforces the performance metrics expected of the executive Leadership team.

Stockholder Approval Required

A provision within the agreement dictates that stockholder approval must be secured prior to issuing the preferred shares. This reflects the company’s compliance with regulatory standards, ensuring that shareholders are informed and have a say in the Equity awards being distributed to executives. The forthcoming approvals will signal shareholder support for the strategic direction the company is taking under Boulette's leadership.

Looking Ahead

The next catalyst to monitor will be the stockholders' meeting where the necessary approvals for the Series A Preferred Stock are sought, along with updates on the company’s acquisition endeavors and product launches. The conditions set forth for the equity awards underscore the alignment of Boulette’s remuneration with Eva Live’s performance goals, thereby directly impacting investor sentiment and the overall financial health of the entity. Observers should pay attention to how effectively the team executes on the upcoming milestones, as these will dictate further incentives under Boulette’s contract.

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