AMENDMENT TO CONSULTING AGREEMENT
Exhibit 10.48
AMENDMENT TO CONSULTING AGREEMENT
This Amendment (the “Amendment”) dated and effective on June 4, 2021 is by and between DEEP GREEN WASTE & RECYCLING, INC., a Wyoming corporation, whose address is 00000 XX 000xx Xxxxx, #000, Xxxxxxxxxxx, XX 00000 (the “Company”) and Sylios Corp (the “Consultant”), a Florida corporation whose address is 000 0xx Xxx X., Xxxxx 000, Xx. Xxxxxxxxxx, XX 00000, (individually, a “Party”; collectively, the “Parties”).
RECITALS
WHEREAS, on May 10, 2021, the Company and Consultant entered into a Consulting Agreement (the “Agreement”); and
WHEREAS, the Company and Consultant have agreed to modify Section 5 of the Agreement, the Compensation to the Consultant.
NOW, THEREFORE, in consideration of the mutual promises herein contained, the Parties hereto hereby agree as follows:
1. | Consultant shall receive a total of $35,000 cash compensation as follows: | |||
a. | $15,000 shall be paid to Consultant on or before June 9, 2021; | |||
b. | $10,000 shall be paid to Consultant on or before September 10, 2021; | |||
c. | $10,000 shall be paid to Consultant on or before December 10, 2021; and | |||
d. | Consultant shall receive no shares of common stock for compensation. |
IN WITNESS, WHEREOF, the Parties hereto have caused this Amendment to be duly executed, all as of the day and year first above written.
COMPANY: | CONSULTANT: | |
DEEP GREEN WASTE & RECYCLING, INC. | SYLIOS CORP | |
By: | By: | |
Xxxxx Xxxxxxx | Xxxxx Xxxxx Xxxxxxxx | |
Its: Chief Executive Officer | Its: President | |
Date: June 4, 2021 | Dated: June 4, 2021 |