EX-10.8
from 8-K
7 pages
Executive Chairman Agreement This Executive Chairman Agreement (This “Agreement”) Is Made, Entered Into and Effective as of the [ ] Day of October, 2019 (The “Effective Date”), Between Generation Alpha, Inc., a Nevada Corporation (The “Corporation”), and George O’leary (The “Executive Chairman” or “Director”). Whereas, the Corporation Has Requested That the Director Join Its Board of Directors (The “Board”) and Will Assume the Board Position of Executive Chairman; Whereas, in Order to Induce the Director to Join the Board, the Corporation Has, With the Approval of the Board as Permitted by §78.070(8) of the Nevada Revised Statutes (“Nrs”), Agreed to the Terms Herein; and Whereas, the Corporation and the Director Wish to Memorialize the Terms and Conditions of the Director’s Service as an Independent Director on the Board. Now, Therefore, for and in Consideration of the Covenants and Promises Contained Herein, the Corporation and the Director Agree as Follows: Now, Therefore, in Consideration of the Mutual Covenants Contained Herein, the Parties Hereto Agree as Follows
12/34/56