EX-10.1
from 8-K
2 pages
December 24, 2020 1. Your Position Shall Be Full-Time as a Chief Financial Officer of Cemtrex Primarily Located in Our Office in Brooklyn, Ny. the Position Reports Directly to Saagar Govil, CEO of Cemtrex. 2. You Have Been Classified in an Exempt Category With a Starting Base Compensation of $195,000 Per Year. Your Base Salary Will Increase Annually by 3% on Each Anniversary of Your Employment. 3. You Are Entitled to Two, Semiannual Bonus Awards of 10% of Your Base Salary (Annually 20%), Consistent With Your Performance Towards the Achievement of the Company’s Goals and Objectives, to Be Defined in Mutual Agreement Prior to Each 6-Month Interval
12/34/56
EX-10.1
from 8-K
8 pages
Subscription Agreement This Subscription Agreement (This “Subscription”) Is Dated February 26, 2020, by and Between Silverback Capital Corporation (The “Investor”) and Cemtrex, Inc., a Delaware Corporation (The “Company”), Whereby the Parties Agree as Follows: Whereas, the Company Desires to Sell, and the Investor Desires to Purchase Shares of the Company’s Common Stock, $0.001 Par Value Per Share (“Common Stock”), Which Currently Trades on the NASDAQ Capital Market (The “Principal Market”). Now, Therefore, in Consideration of the Mutual Agreements Contained Herein, the Parties Hereto Agree as Follows: 1. Subscription
12/34/56
