COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) |
1 Months Ended | ||
---|---|---|---|
Apr. 02, 2025 |
Feb. 07, 2025 |
Nov. 19, 2024 |
|
Howard Golub [Member] | |||
Settlement expenses | $ 150,000 | ||
Event option plan 2021 [Member] | |||
Description about event option plan | Ron Borsheim was appointed the Company’s Chief Sales Officer - Aesthetics. Mr. Borsheim’s employment agreement provides for a base salary of $225,000 and the grant of an option under ZEO’s Equity Incentive Plan (the “Incentive Plan”) to purchase 40,000 shares of our common stock at a price of $2.50 per share (fair market value on the date of grant) (the “Option”). The Option vests 50% on the one-year anniversary of the effective date of the employment agreement and 50% on the second anniversary, contingent upon Mr. Borsheim’s’ continued employment with the Company and to the extent vested, expires five years from the date of grant. | In connection with the employment agreement, Dr. Everts was granted an option under the 2021 Plan to purchase 25,000 shares of our common stock at a price of $3.05 per share (fair market value on the date of grant) (“Everts Option”). The Everts Option vests 50% on the one-year anniversary of the effective date of the employment agreement and 50% on the second anniversary, contingent upon Dr. Everts’ continued employment with the Company and to the extent vested, expires five years from the date of grant. | |
Officer [Member] | |||
Base salary for first year | $ 225,000 | $ 220,000 | |
Base salary after first years | $ 235,000 |