EX-10.1
from 8-K
3 pages
1. Position and Responsibilities. as Interim COO, You Will Be Responsible for Overseeing the Company’s Operational Functions and Providing Strategic Leadership as Directed by the Chief Executive Officer and the Board of Directors (The “Board”). You Agree to Devote Your Best Efforts the Duties of Your Position, and to Comply With All Company Policies, Rules, and Procedures as They May Be Adopted or Amended From Time to Time. You Agree That You Will Not Provide Services, Whether as a Contractor, Consultant, or Employee, for Any Other Person or Entity, if the Performance of Such Services Would Materially Interfere With the Performance of Your Duties as Interim COO. 2. Compensation. This Is an Exempt Position. You Will Earn $30,000 Per Month, Less Applicable Taxes and Withholdings, Payable in Accordance With the Company’s Payroll Policies. in Addition, You Will Be Eligible for the Following Bonus Opportunities, Subject to the Discretion and Approval of the Board: ● a Potential Q42025 Bonus of Up to $25,000, to Be Determined by the Board a Potential Q12026 Bonus of Up to $30,000, to Be Determined by the Board No Other Forms of Compensation, Including Additional Bonuses, Commissions, or Equity Awards, Will Be Provided Unless Specifically Authorized in Writing by the Company. 3. Term and Termination. Your Employment Will Begin on November 3, 2025 and Continue for a Period of Six (6) Months Thereafter, Unless Terminated Earlier in Accordance With This Section 3
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EX-10.27
from 8-K
5 pages
1.end of Employment the Company Has Decided to End Your Employment Due to Missing Revenue Targets in 2022 and in the First Quarter of 2023. Your Performance Has Consistently Fallen Short of Expectations Resulting in Significant Losses in Revenue for the Company. This Constitutes “Cause” as Set Forth in the Company’s Letter Agreement With You Dated May 1, 2021. Notwithstanding the Existence of Cause, the Company Is Willing to Treat the Termination of Your Employment as a Termination Without Cause Provided That You Enter Into This Agreement. Effective April 20, 2023 (The "Effective Date"), Nicole Williams (The “Employee”), Agrees That Employee's Employment With the Company Is Hereby Terminated, and Employee Further Resigns From All Positions Held by the Employee With the Company, Effective as of the Effective Date. Your Last Day Will Be April 20, 2023. 2. Continuation of Salary and Benefits
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