EX-10.1
from 8-K
2 pages
Re: [Second] Amendment to Executive Employment Agreement Dated [●], by and Between Nikola Corporation and [●] [And Amended as of August 15, 2022] (The “Employment Agreement”) Dear [●]: As We Have Previously Discussed, This [Second] Amendment to the Employment Agreement (The “Amendment”) Reflects Certain Changes to the Terms of Your Employment as Follows (Defined Terms Shall Have the Meanings Specified in the Employment Agreement Unless Otherwise Defined Herein): Annual Salary. Effective as of April 3, 2023, Your Annual Salary Will Be Increased From $[●] to $[●], Paid Bi-Weekly Less Payroll Deductions and All Required Withholdings. Stock Awards. the Following Amendments Supersede Applicable Provisions of the Employment Agreement: Except as Expressly Modified by This Amendment, All of the Terms and Provisions of the Employment Agreement Are and Shall Remain Unchanged and in Full Force and Effect, on the Terms and Subject to the Conditions Set Forth Therein
12/34/56