Amendment to Employment Agreement dated April 24, 2020 between Frank Ng and the Company

Contract Categories: Human Resources - Employment Agreements
EX-10.3 4 ea121263ex10-3_alliede.htm AMENDMENT TO EMPLOYMENT AGREEMENT DATED APRIL 24, 2020 BETWEEN FRANK NG AND THE COMPANY

Exhibit 10.3

 

ALLIED ESPORTS ENTERTAINMENT, INC.

 

April 24, 2020

 

VIA EMAIL

 

Frank Ng

Frank Ng ***@***

 

Re:Employment Agreement

 

Reference is made to that certain Employment Agreement dated effective September 20, 2019 between Allied Esports Entertainment, Inc., a Delaware corporation (the “Company”) and you (the “Employment Agreement”). By executing below, you agree that your current annual base salary of $300,000, will be reduced to an annual base salary of $60,000, effective May 1, 2020, for the following six-month period.

 

  Sincerely,
   
  /s/ Adam Pliska
  Adam Pliska, President

 

ACKNOWLEDGED:  
   
/s/ Frank Ng  
Frank Ng