Amendment No. 1 to Employment Agreement between CFN Enterprises Inc. and Brian Ross, dated July 1, 2023
CFN Enterprises Inc. and Brian Ross have amended their original employment agreement, initially signed on August 25, 2021. This amendment extends the term of Brian Ross's employment with the company through the earlier of December 31, 2029, or until the agreement is otherwise terminated or expires as specified. All other terms of the original employment agreement remain unchanged.
AMENDMENT NO. 1 TO
EMPLOYMENT AGREEMENT
This Amendment No. 1 (this "Amendment") to an Employment Agreement (the "Employment Agreement") dated August 25, 2021, by and between CFN Enterprises Inc., a Delaware corporation (the “Company”), and Brian Ross (the “Employee”), is entered as of this 1st day of July 2023. Each of the Company and the Employee may be referred to hereinafter as a "Party" and collectively, the "Parties".
WHEREAS, the Parties have entered the Employment Agreement as of August 25, 2021; and
WHEREAS, the Parties now wish to adjust the Term of the Agreement.
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties, intending to be legally bound, hereby agree as follows:
1.Section 1 of the Employment Agreement is hereby replaced in its entirety with the following:
1. Term. The Company employs Employee, subject to the terms and conditions of this Agreement, through the earlier of December 31, 2029 or such date as this Agreement shall terminate or expire as provided herein (the “Term”).
2.All other terms and conditions of the Employment Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed or caused to be executed this Agreement as of the date first above written.
EMPLOYEE:
/s/ Brian Ross
Brian Ross
CFN Enterprises Inc.
By: /s/ Mario Marsillo Jr.
Name: Mario Marsillo Jr.
Title: Chief Investment Officer
