EX-10.1
from 10-Q
3 pages
September 23, 2013 • Official Start Date: On or Before November 4, 2013 • Position: Chief Financial Officer • Location: 16000 N. 80th Street, Scottsdale, Arizona 85260 • Base Salary: Annual Gross Starting Salary of $170,000, Paid in Accordance to Our Standard Payroll Procedures. • Performance Bonuses: Employee Will Be Eligible to Receive Up to 50% of the Base Salary in Performance-Based Bonuses. Criteria for Such Bonuses to Be Defined in Employment Agreement. • Performance Review: Employee Will Receive Periodic Performance Reviews. the Details of Such Reviews Will Be Outlined in the Employment Agreement and Employee Handbook
12/34/56
EX-10.22
from 10-K/A
2 pages
• Official Hire Date: July 1st, 2012. • Title and Location: Initially, Employee Will Have the Title of COO, Managing Director and Report to the CEO. Tbd Office, Scottsdale, Arizona. • Base Salary: Annual Gross Starting Salary of $120,000, Paid in Biweekly Installments. This Compensation Package Will Be Reviewed by the Board Within the First 6 Months of Employment Where They Will Evaluate in Good Faith Salary and Other Compensation Based on Value Creation of Employee. • Performance Bonuses/Commissions: Uncapped Target $120,000. the Performance Criteria by Which You Will Be Measured by Compensated Will Be Negotiated in Good Faith Between You and the Company and Memorialized in Writing With the Initial Goal of Growing Enterprise Value. • Stock Options: You Will Be Granted No Less Than 1,500,000 Stock Options Within 90 Days of Your Hire Date. the Strike Price of These Options Will Not Exceed 10% of the Share Value at the Time of the Grant, Which in No Event Will Exceed $0.05 Per Share. These Shares Will Vest as Follows: 125,000 at the Time of Signing 375,000 Will Vest Quarterly Over the First Year. 333,000 Will Vest Quarterly Over the Second Year 333,000 Will Vest Quarterly Over the Third Year 333,000 Will Vest Quarterly Over the Forth Year in the Event That Employee Is Terminated Without Cause Within the First 12 Months of Employment, an Amount Equal to One-Half of the Unvested Portion of the First Year Shares (A Portion of the 375,000) Will Immediately Vest. These Shares Will Be Subject to the Standard Echo Automotive Voting Rights Agreement. • Employee Benefits: Standard, Echo Automotive Provided Benefits for Salaried-Exempt Employees, Including the Following
12/34/56
EX-10.20
from 10-K/A
22 pages
This Addendum to Lease (“Addendum”) Is Incorporated Into and Made a Part of That Certain Lease Dated February 18, 2013, by and Between Tref Scottsdale LLC, a Delaware Limited Liability Company as “Lessor” and Echo Automotive, Inc., a Nevada Corporation as “Lessee” (The “Lease”). the Terms of This Addendum Are Intended to Modify, Amend, and Supplement the Terms and Provisions of the Lease. to the Extent of Any Conflict Between the Terms and Provisions of This Addendum and the Terms and Provisions of the Lease, the Terms and Provisions of This Addendum Shall Control. Except as Otherwise Expressly Provided in This Addendum, All Capitalized Terms Used in This Addendum and Defined in the Lease Shall Have the Same Meanings Ascribed to Them in the Lease. 50. Base Rent: Lessee Shall Pay to Lessor as Base Rent for the Premises, as Follows: Lease Term Per Square Foot Rate Monthly Base Rent Month 01: $0.33 Psf $2,480.28 Per Month* Months 02-04: $0.00 Psf $0.00** Months 05-12 $.033 Psf $2,480.28 Per Month* Months 13-24: $0.75 Psf $5,637.00 Per Month* Months 25-39: $0.80 Psf $6,012.80 Per Month*
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