AMENDMENT TO EMPLOYMENT AGREEMENT & RESIGNATION FROM BOARD OF DIRECTORS
Exhibit 10.37
AMENDMENT TO EMPLOYMENT AGREEMENT &
RESIGNATION FROM BOARD OF DIRECTORS
Amendment to Employment Agreement (“the agreement”) dated September 1, 2020 between Connectyx Technologies Holding Group, now Curative Biotechnology Inc. 0000 XX Xxxxxxxxx Xxxx xxxxx 000 Xxxx Xxxxx XX 00000 (hereinafter “the Company” and Xx. Xxxxx Xxxxxxxx an individual (“the employee”) with an address of 0000 XX 00xx Xxxxxx, Xxxx Xxxxx XX 00000; as amended from time to time.
Whereas the initial term of the agreement is set to expire on August 31st 2023; and
Whereas the Company and the Employee both desire not to extend the Agreement; and
Whereas the Employee further resigns from the Board of Directors effective September 11, 2023; and
Whereas the Company desires to hire Xx. Xxxxxxxx as a consultant to continue in certain functions to be mutually agreed to from time to time;
Now Therefore the parties hereto agree to the following amendments to the Agreement; including the termination of the agreement and Xx. Xxxxxxxx’x resignation from the Board of Directors.
The Employment is terminated as of September 11, 2023
All back pay and unpaid benefits then accrued shall be paid if and when, and in the exact same manner as; those owed to Xxxx Xxxxxxxx and I Xxxxxxx Xxxx.
Xx. Xxxxxxxx and the company agree that that Xx. Xxxxxxxx shall be paid $7,500/month for a term of one year as an independent contractor; starting with the month of September 2023, to continue to perform some functions and help in the transition back to the company of some functions he had performed as an employee, to be mutually agreed from time to time. Both parties acknowledge and agree that the Company does not have the money to begin these payments as of the date of this agreement and payments shall start if and when such money is available, as determined by management. The parties agree that any amounts accruing and owed for this independent contractor agreement are not part of the accrued back pay mentioned above; and payment of any amounts accruing under this contract shall be paid in cash.
In addition Xx. Xxxxxxxx shall, upon execution of this agreement, receive a grant of Fifteen Million (15,000,000) shares of restricted stock; which shall vest quarterly over the next 12 months.
For COMPANY:
Xxxx Xxxxxxxx
Executive Chairman
9/14/2023
EMPLOYEE:
Dr, Xxxxx Xxxxxxxx
9/18/2023
