This explains everything on the announcement on the 8th.
Dr Nissan-Cohen will be increasing his executive time commitment with Weebit, effective immediately, providing additional services as the Company progresses its ReRAM technology to the next stage of productisation. Dr Nissan-Cohen will be applying additional time in assisting Weebit to prepare for its technology transfer to a production fab, and in discussions with potential partners. Dr Nissan-Cohen’s consulting fees, paid through Nicohy Ltd., which is a company wholly owned by Dr NissanCohen, will increase from NIS20,000 to NIS40,000 per month, in line with the increase in his time commitment.
Ann: Amendment in consulting agreement with Dr Yoav Nissan-Cohen, page-14
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