Oral Employment Arrangement between the Company and Abhishek Arora
Exhibit 10.3
Oral Employment Arrangement between the Company and Xxxxxxxx Xxxxx
The company has an oral agreement with Xx. Xxxxxxxx Xxxxx pursuant to which he receives an annual salary of $96,000 for his services as Chief Technology Officer. During the year ended December 31, 2017, Xx. Xxxxx deferred $12,000 of his salary. As a result, Xx. Xxxxx received cash compensation equal to $84,000 during the year ended December 31, 2017. Subject to the discretion of the board, Xx. Xxxxx will be considered for an annual incentive bonus. Xx. Xxxxx is an at-will employee of the company.