SOLIS TEK INC.
Exhibit 10.01
XXXXX TEK INC.
000 Xxxxxxxx Xxxxxx
Xxxxxx, Xxxxxxxxxx 00000
August 27, 2018
VIA EMAIL
Xxxxxxx Xxxxx
c/x Xxxxx Tek Inc.
000 Xxxxxxxx Xxxxxx
Xxxxxx, Xxxxxxxxxx 00000
Re: Amendment to Employment Agreement
Dear Xx. Xxxxx:
This letter shall serve as an amendment to the employment agreement dated August 22, 2018 by and between Xxxxx Tek Inc. and Xxxxxxx Xxxxx (the “Agreement”). Capitalized terms used but not defined herein shall have the meaning ascribed to them in the Agreement. The last sentence of Section 3(f) of the Agreement is hereby amended and replaced in its entirety with the following:
“On the Effective Date, the Company shall grant to Executive an option to purchase 750,000 shares of the Company’s common stock, exercisable at any time, for a period of five (5) years at $0.94 per share.”
The foregoing amendment shall be effective as of August 27, 2018.
XXXXX TEK INC. | ||
/s/ XXXX XXXX | ||
By: | Xxxx Xxxx | |
Title: | Chief Executive Officer |
Accepted to and agreed this
27th day of August, 2018:
/s/ XXXXXXX XXXXX | |
Xxxxxxx Xxxxx |