Attached files

file filename
S-1/A - SEA TIGER FORM S-1/A - Sea Tiger, Inc.forms1a.htm
EX-23.1 - EXHIBIT 23.1 - Sea Tiger, Inc.ex231.htm
EX-10.35 - EXHIBIT 10.35 - Sea Tiger, Inc.ex1035.htm
EX-10.43 - EXHIBIT 10.43 - Sea Tiger, Inc.ex1043.htm
EX-10.38 - EXHIBIT 10.38 - Sea Tiger, Inc.ex1038.htm
EX-10.31 - EXHIBIT 10.31 - Sea Tiger, Inc.ex1031.htm
EX-10.42 - EXHIBIT 10.42 - Sea Tiger, Inc.ex1042.htm
EX-10.41 - EXHIBIT 10.41 - Sea Tiger, Inc.ex1041.htm
EX-10.39 - EXHIBIT 10.39 - Sea Tiger, Inc.ex1039.htm
EX-10.40 - EXHIBIT 10.40 - Sea Tiger, Inc.ex1040.htm
EX-10.30 - EXHIBIT 10.30 - Sea Tiger, Inc.ex1030.htm
EX-10.32 - EXHIBIT 10.32 - Sea Tiger, Inc.ex1032.htm
EX-10.34 - EXHIBIT 10.34 - Sea Tiger, Inc.ex1034.htm
EX-10.37 - EXHIBIT 10.37 - Sea Tiger, Inc.ex1037.htm
EX-10.33 - EXHIBIT 10.33 - Sea Tiger, Inc.ex1033.htm
EX-10.36 - EXHIBIT 10.36 - Sea Tiger, Inc.ex1036.htm
EX-10.44 - EXHIBIT 10.44 - Sea Tiger, Inc.ex1044.htm
EX-10.29 - EXHIBIT 10.29 - Sea Tiger, Inc.ex1029.htm
Exhibit 10.17
 

 
Description of Informal Arrangement Between Registrant and James D. Tilton, Jr.
 

 
The Company is party to an informal unwritten arrangement with its chief executive officer, James D. Tilton, Jr., entered into and effective January 1, 2010, and continuing on a month to month basis thereafter. Under this informal arrangement, Mr. Tilton receives compensation generally in the amount of $5,000 per month, and an annual bonus of $10,000.  Such amounts are determined by Mr. Tilton in consultation with the Company's principal stockholders and investors. Any amounts unpaid at the end of a quarter are converted to a convertible note which is convertible to common stock at a 50% discount to the market price.