EMPLOYMENT AND NON-COMPETE AGREEMENT
Exhibit 2.2
EMPLOYMENT AND NON-COMPETE AGREEMENT
THIS AGREEMENT ("Agreement") made and entered into as of this 17th day of
June, 2011, by and between KruseCom, LLC., a Florida corporation ("Company") and Xxxxx Xxxxxxxx ("employee").
Employee is employed by Company as its Chief Financial Officer. The parties desire to enter into a formal agreement covering and confirming the terms and conditions of such employment.
TERMS AND CONDITIONS
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9.
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Notwithstanding anything to the contrary herein, in the event of a Change in Control (as defined by a greater than 50% change in ownership of the company) all unvested Employee Units pursuant to this Agreement or otherwise shall immediately vest and become exercisable.
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16.
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21.
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The company and the employee mutually release each other of any and all prior claims known or unknown.
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22.
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This document supersedes and supplants any and all prior arrangements, oral or written between the Employee and the Company.
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By:
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Xxxx Xxxxxxx, CEO, KruseCom, LLC
By:
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Xxxxx Xxxxxxxx, Employee, KruseCom, LLC
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EXHIBIT A
Chief Financial Officer
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All financial accounting and reporting for the company
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