Exhibit 99.6 - Share allocations to Lagmore Consulting Limited
1 - Allocation by Lagmore Consulting Limited of VGWA Shares that represent the Purchase Price
Name of Shareholder | | Shares in Lagmore | | VGWA Shares to be allocated | |
Robert McFarland | | | 26,368 | | | 2,636,800 | |
Ken Edmonds | | | 26,368 | | | 2,636,800 | |
Cory Russell | | | 6,264 | | | 626,400 | |
Tony Barritt | | | 1,000 | | | 100,000 | |
Total | | | 60,000 | | | 6,000,000 | |
2 - Key Employees under contract
Tony Barritt
Ken Edmonds
Robert McFarland
Cory Russell
Key executive employees agree to commit to the merged entity for a minimum of 2 years and to enter into new employment contracts with the merged entity. Apart from the standard terms equivalent to existing contracts with Lagmore, the new contracts will include a penalty if the minimum term of 2 years is not reached. This penalty would involve the vesting of the shares allocated on the basis of :
· 80% on closing of the purchase transaction
· 15% on the first anniversay of the closing of the purchase transaction
· 5% on the second anniversay of the closing of the purchase transaction