Current Report Filing (8-k)
29 September 2020 - 6:58AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of
The
Securities Exchange Act of 1934
Date
of report (Date of earliest event reported): July 13, 2020
BRIDGEWAY
NATIONAL CORP.
(Exact
Name of Registrant as Specified in its Charter)
Delaware
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000-55505
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45-5523835
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(State
or Other Jurisdiction
of
Incorporation)
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(Commission
File
Number)
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(IRS
Employer
Identification
No.)
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1015
15th Street NW, Suite 1030
Washington,
DC 20005
(Address
of Principal Executive Offices and Zip Code)
Registrant’s
telephone number, including area code: (202) 846-7869
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate
by check mark whether registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company [ ]
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
Symbol(s)
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Name
of each exchange on which registered
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Class
A Common Stock
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BDGY
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OTC
Pink
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Item
1.01 Entry into a Material Agreement
On
September 28, 2020, we entered into an employment agreement with Eric Blue who will serve as our Chief Executive Officer and on
July 13, 2020, we entered into an employment agreement with Eon Washington who will serve as our Chief Operations Officer –
Director of Operations. The employment agreement with Mr. Blue has a five-year term, with automatic successive one-year renewal
terms unless we or the executive decline to renew the agreement. Additionally, the employment agreement with Mr. Blue provides
for a base salary of $500,000 per annum, a one-time equity grant, certain severance payments required to be made to Mr. Blue in
the event his employment is terminated by us without “cause” or if the executive terminates his employment for “good
reason.” The employment agreement with Mr. Washington has a one-year term, with automatic successive one-year renewal terms
unless we or the executive decline to renew the agreement. Additionally, the employment agreement with Mr. Washington provides
for a base salary of $185,000 per annum and certain severance payments required to be made to Mr. Washington in the event his
employment is terminated by us without “cause” or if the executive terminates his employment for “good reason.”
The
employment agreements are attached to this Form 8-K Report as Exhibits 10.1 and 10.2, and the management incentive bonus plan
is attached to this Form 8-K. Report as Exhibit 10.3.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
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BRIDGEWAY
NATIONAL CORP.
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By:
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/s/
Eric Blue
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Eric
Blue
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Chief
Executive Officer
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Dated:
September 28, 2020
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