SWMBRD Announces Engagement of Creative Director, Liam Greenlaw, And Grant of Restricted Share Units

About this update from Swmbrd Sports, Inc.

[{"type":"text","content":"SWMBRD Announces Engagement of Creative Director, Liam Greenlaw, And Grant of Restricted Share Units\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC -\n \n \n TheNewswire -\n \n \n May 30, 2023 -\n \n \n SWMBRD Sports Inc.\n \n \n (CSE:SWIM)\n \n (“\n \n SWMBRD\n \n ” or the “\n \n Company\n \n ”) announces today that it\nhas it has engaged Mr. Liam Greenlaw as a consultant of the Company.\nMr. Greenlaw is a self-taught creative director who has created award\nwinning advertising campaigns and directed over a hundred television\ncommercials. The Company has agreed to engage Mr. Greenlaw for a term\nof twelve months, subject to earlier termination by the Company upon\n10 days’ written notice or by the Consultant upon 30 days’ notice.\nFor the first two months of the term, the Company has agreed to grant\nMr. Greenlaw 400,000 RSUs. For the third month of the term and\nthereafter, the Company has agreed, subject to finances, to pay Mr.\nGreenlaw a monthly cash fee of $10,000. Alternatively, the Company and\nMr. Greenlaw may agree on additional grants of RSUs in lieu of the\ncash payments.\n \n \n The Company is also pleased to announce that it has engaged Ketchum,\nKillum & Wynn Creative Inc. (“\n \n KKW Creative\n \n ”), a B.C. based company specializing in\nShopify development and digital marketing, to provide website design,\ndevelopment and support services to the Company. The Company has\nagreed grant KKW Creative 100,000 RSUs in consideration for the\nproposed website design and development and one year of website\nsupport.\n \n \n in connection with Mr. Greenlaw and KKW Creative’s engagement as\nconsultants, the Company has awarded (the “\n \n Awards\n \n ”) an aggregate of 500,000\nRSUs of the Company to Mr. Greenlaw and KKW Creative. Each RSU\nrepresents the right to receive, once vested, one common share in the\ncapital of the Company. All of the RSUs will vest immediately on the\ndate of the Award.\n \n \n All 500,000 of the RSUs and common shares underlying such RSUs are\nsubject to a hold period of four months and one day from the date of\nissuance.\n \n \n None of the securities acquired in the Grant will be registered under\nthe United States Securities Ac...

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