Subsequent Events
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12 Months Ended |
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Jul. 31, 2014
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Subsequent Events | |
Subsequent Events |
Note 14 — Subsequent Events
Appointment of Chief Scientific Officer
On September 16, 2014, OncoSec Medical Incorporated (the “Company”) appointed Dr. Robert Pierce as the Company’s Chief Scientific Officer. Dr. Pierce previously served as the Company’s Chief Medical Officer but will no longer hold that position effective as of his appointment as Chief Scientific Officer. The terms of Dr. Pierce’s executive employment agreement with the Company remain unchanged, except for modifications to reflect Dr. Pierce’s new title as of September 16, 2014, and an increase to his base salary as approved by the Company’s Board of Directors and in accordance with the terms of his employment agreement on July 18, 2014.
Appointment of Chief Medical Officer
On September 16, 2014, the Company appointed Dr. Mai Hope Le as Chief Medical Officer of the Company. Dr. Le has replaced Dr. Pierce in such position. The terms of Dr. Le’s executive employment agreement with the Company are comparable to the terms of the Company’s employment agreements with other members of its executive management team.
Dr. Robert Pierce, our Chief Scientific Officer, and Dr. Mai Hope Le, our Chief Medical Officer, are married to each other and they will both report to the Company’s Chief Executive Officer. There have been no related transactions, and none are contemplated, between Dr. Le or any of her immediate family members and the Company that would require disclosure pursuant to Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission.
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