−Removed: September 7, 2021, the Company was served with a demand for mediation and potential arbitration by Gregory Sanders, a previous employee
−Removed: of the Company.
+Added: Legal Proceedings.
+Added: September 7, 2021, the Company was served with a demand for mediation and potential arbitration by Gregory Sanders
+Added: (“Plaintiff”), a previous employee of the Company.
The demand claims Mr.
−Removed: Sanders had an employment agreement with the Company entitling him to certain compensation payments
−Removed: under the contract.
−Removed: No conclusion was met during mediation which occurred in the fourth quarter of 2021.
−Removed: The litigation is ongoing and
−Removed: is scheduled for trial in May 2023.
−Removed: Greenway is confident in its defenses and counterclaims and intends to vigorously defend its interests
−Removed: and prosecute its claims.
−Removed: Safety Disclosures.
+Added: Sanders had an employment agreement with the
+Added: Company entitling him to certain compensation payments under the contract.
+Added: No conclusion was met during mediation which occurred in
+Added: the fourth quarter of 2021.
+Added: On October 25, 2023, there was a hearing on Plaintiff’s motion for summary judgement.
+Added: asserted 3 motions, all of which were denied by the court, as ordered on November 1, 2023.
+Added: Plaintiff withdrew his action against the
+Added: Company on January 11, 2024 and the court so ordered on the same date.
+Added: November 8, 2023, the Company was served with a demand for payments under various agreements with the plaintiffs.
+Added: The Plaintiffs are
+Added: Ric Halden, Randy Moseley, Tunstall Canyon Group, LLC (“Tunstall Canyon”) and Chisos Equity Consultants, LLC
+Added: Ric Halden and Randy Moseley were founders of the Company and served as officers and directors of the
+Added: Company until 2017, when each of them resigned all positions with the Company.
+Added: The Company believes that Tunstall Canyon and Chisos
+Added: are majority-owned by Ric Halden.
+Added: The Company has accrued liabilities to Ric Halden, Randy Moseley and Tunstall Canyon, which are
+Added: all included in the liabilities reflected on the accompanying consolidated balance sheet.
+Added: The Company is confident that it can
+Added: settle all issues asserted in the lawsuit without going to trial.
+Added: The court has set a trial date for November 24, 2024.
+Added: Mine Safety Disclosures.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.