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Eva Live Inc. entered into a new five-year executive employment agreement with CEO David Boulette on August 17, 2026…

GOAIEva Live Inc

Eva Live Inc. entered into a new five-year executive employment agreement with CEO David Boulette on August 17, 2026, replacing his prior contract. The agreement establishes an annual base salary of $800,000 with automatic 10% increases and includes a $5 million severance payment for termination without cause or resignation for good reason. Mr. Boulette is eligible to receive up to 1,000,000 shares of Series A Convertible Preferred Stock based on performance milestones: the first tranche of 200,000 shares was earned upon the company's successful uplisting to Nasdaq in January 2026. Subsequent tranches depend on completing acquisitions exceeding $5 million or launching products generating similar revenue, alongside specific sales growth targets through year five. Each preferred share converts into 150 common shares, potentially diluting equity by up to 150 million common shares. Eva Live Inc. operates in the technology sector, providing live streaming and interactive entertainment services.

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