August 1, 2017
Exhibit 10.1
August 1, 2017
Mr. Xxxxxx Xxxxx
0 Xxxxxxxxx Xxxxx
Warren NJ 07059
Dear Xxx,
Further to recent conversations with you, I am pleased to offer to extend your consulting agreement executed 12th day of May 2017 and effective as of the 1st day of May 2017 which expired June 30, 2017 (‘Xxxxx CFO Agreement’) until September 30, 2017. This extension is subject to the following amendments to the Xxxxx Consulting Agreement:
Section 2. Compensation. This Section is amended by deleting US$12,500 and replacing this amount with US$8,000.
Section 3. Term. The effective date of this extension agreement shall be the 1st day of July 2017 (the ‘Effective Date’) and will expire on September 30, 2017 without the requirement of further notice.
Otherwise the terms and conditions of the Xxxxx CFO Agreement remain in full force and effect.
Kindly confirm your acceptance of this offer by signing below and emailing a scanned copy to myself and Xxxxxxx Xxxxxxxx.
Regards,
/s/ Xxxxxx Xxxxxxx
Xxxxxx Xxxxxxx
President and CEO
Accepted and agreed to:
/s/ Xxxxxx Xxxxx .
By: Xxxxxx Xxxxx
