Amendment to Employment Agreement Between Allied Esports Entertainment, Inc. and Frank Ng Dated September 30, 2020

Summary

This amendment updates the employment agreement between Allied Esports Entertainment, Inc. and Frank Ng. It specifies that Frank Ng’s annual base salary will be $210,000 from November 1, 2020, to April 30, 2021, and will increase to $300,000 thereafter. The amendment is acknowledged and agreed to by both parties.

EX-10.1 2 ea127611ex10-1_alliedesports.htm AMENDMENT TO EMPLOYMENT AGREEMENT DATED SEPTEMBER 30, 2020 BETWEEN FRANK NG AND THE COMPANY

Exhibit 10.1

 

ALLIED ESPORTS ENTERTAINMENT, INC.

 

September 30, 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 (as amended, the “Employment Agreement”). By executing below, you agree that, from November 1, 2020-April 30, 2021, your annual base salary will be $210,000, and thereafter your annual base salary will be $300,000.

 

  Sincerely,
   
  /s/ Adam Pliska
  Adam Pliska, President

 

ACKNOWLEDGED:

 

/s/ Frank Ng      
Frank Ng