Golden Parachute Agreement Sample Contracts

Contract
Golden Parachute Agreement • June 14th, 2024 • CLS Holdings USA, Inc. • Retail-miscellaneous retail • Nevada

This Golden Parachute Agreement (the “Agreement”) is entered into as June 12, 2024, (the Effective Date”) by and between CLS Holdings USA, Inc., a Nevada corporation (the “Company”) and Andrew Glashow (“Employee”), the Chief Executive Officer of the Company. Company and Employee may be referred to herein as the “Parties.” This Agreement shall be attached to the Employment Agreement entered into between the Company and the Employee on February 1, 2024 (“Employment Agreement”) as Exhibit B to that agreement and shall incorporated therein. Accordingly, any capitalized words or phrases contained in this Agreement that are not independently defined herein shall be ascribed their meaning under the Employment Agreement.

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Golden Parachute Agreement
Golden Parachute Agreement • May 24th, 2018 • Zoned Properties, Inc. • Operators of nonresidential buildings • Arizona

This Golden Parachute Agreement (the “Agreement”) is entered into as of even date of the date of that certain Employment Agreement by and between Zoned Properties, Inc., a Nevada corporation (the “Company”) and Bryan McLaren (“Employee”), the Chief Executive Officer of the Company. This Agreement is being entered into contemporaneously with the entry by the parties into that certain Employment Agreement of the Company (the “Employment Agreement”) of even date hereof (the “Effective Date”) to which Employment Agreement this Agreement is attached as Exhibit A. Accordingly, any capitalized words or phrases contained herein this Agreement that are not independently defined herein shall be ascribed their meanings under the Employment Agreement.

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