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CUR > SEC Filings for CUR > Form 8-K on 16-Jun-2016All Recent SEC Filings

Show all filings for NEURALSTEM, INC.



Entry into a Material Definitive Agreement, Change in Directors or Principal Off

Item 1.01 Entry into a Material Definitive Agreement.

On June 16, 2016, the Company entered into an amendment ("Amendment") to the General Release and Waiver of Claims Agreement ("Agreement") previously entered into by the Company and I. Richard Garr on March 2, 2016. The Agreement was previously disclosed in a current report on form 8-K filed with the Securities Exchange Commission on March 4, 2016. Pursuant to the Amendment, Mr. Garr will forego two lump sum payments of one hundred seventy seven thousand dollars ($177,000) (an aggregate of $354,000), owed to him by the Company and previously payable on January 1, 2017 and March 1, 2017 pursuant to the Agreement. A copy of the Amendment is attached as Exhibit 10.01 to this report.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 16, 2016, I. Richard Garr informed the board of directors of Neuralstem, Inc. (the "Company") that he is resigning effective immediately as a member of the Company's board of directors. Mr. Garr's resignation from the board of directors of the Company did not result from any disagreement with the Company on matter relating to the Company's operations, policies or practices. A copy of Mr. Garr's resignation letter is attached as Exhibit 99.01 to this report.

Item 9.01 Financial Statement and Exhibits.

Exhibit                                 Description
10.01      Form of Amendment to General Release and Waiver of Claims Agreement
           between Neuralstem and I. Richard Garr
99.01      Letter From I. Richard Garr Dated June 16, 2016

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