EX-10.3
from 8-K
4 pages
May 26, 2023 1. Position. Effective on June 12, 2023 (The “Effective Date”), You Will Be Appointed as the Company’s Chief Financial Officer (“CFO”) Reporting to the Company’s Chief Executive Officer. This Position Is a Full-Time Position. 2. Cash Compensation. A. Base Salary. Your New Annual Base Salary (The “Base Salary”) Will Be $350,000, Subject to Applicable Tax Withholdings. the Base Salary Will Be Payable in Accordance With the Company’s Normal Payroll Practices. B. Bonus. You Will Receive a Bonus of $50,000 Payable at the End of January 2024 Subject to Continuous Employment Through the Bonus Payment Date. 3. Equity Awards
12/34/56