Amendment No. 1 to Employment Agreement dated November 9, 2017 between Accelerize Inc. and Damon Stein

Contract Categories: Human Resources - Employment Agreements
EX-10.6 6 ex_100493.htm EXHIBIT 10.6 ex_100493.htm

Exhibit 10.6






This Amendment No. 1 (this "Amendment") to an Employment Agreement (the "Employment Agreement") entered as of November 9, 2012, by and between Accelerize Inc., a Delaware corporation with headquarters at 20411 SW Birch St. Ste. 250, Newport Beach, CA 92660 (the “Company”), and Damon Stein, a natural person, residing at 236 Mabery Road, Santa Monica, CA 90402 (the “Employee”), is entered as of this 9th day of November 2017. 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 November 9, 2012; 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:





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, 2019 or such date as this Agreement shall terminate or expire as provided herein (the “Term”).





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.








  /s/ Damon Stein                                                                 

Damon Stein









By:      /s/ Brian Ross                                                        

Name: Brian Ross

Title: Chief Executive Officer