Waiver of Interest on Unpaid Accrued Compensation by Steven Staehr and Adamas One Corp.
Steven Staehr, an employee, agrees to permanently give up any right to claim interest on unpaid accrued compensation from his Executive Employment Agreement with Adamas One Corp. By signing this waiver, he cannot pursue any legal or equitable claims for such interest, now or in the future. The waiver is effective as of October 1, 2021.
Exhibit 10.3(a)
Waiver of Interest on Unpaid Accrued Compensation
I, Steven Staehr ("Employee"), hereby agree to the waiver of any and all accrued interest under Section 5(f) of my Executive Employment Agreement with Adamas One Corp. ("Employer"), and Employee hereby irrevocably waives any and all claims, demands, suits, actions, causes of action and rights whatsoever at law or in equity, now existing or arising relating to any accrued and unpaid interest on the accrued unpaid compensation.
October 01, 2021
AGREED AND ACCEPTED TO:
| /s/ Steven Staehr | |
| Steven Staehr |
