Extension Letter to Employment Agreement between ClearSign Combustion Corporation and Stephen E. Pirnat
ClearSign Combustion Corporation and Stephen E. Pirnat have agreed to extend Mr. Pirnat's employment under the terms of their original February 3, 2015 employment agreement. The extension is for one year, through December 31, 2018. Mr. Pirnat will continue to provide his services to the company under the same terms as the original agreement. Both parties have acknowledged and accepted this extension in writing.
Exhibit 10.1
ATTACHMENT 1
EXTENSION LETTER
[CLEARSIGN LETTERHEAD]
October 30, 2017
VIA ELECTRONIC MAIL AND HAND DELIVERY
***@***
Mr. Stephen Pirnat
[ADDRESS INCLUDED IN EMPLOYMENT AGREEMENT]
| Re: | Renewal of your employment agreement. |
Dear Steve:
Pursuant to Section 1 of that certain employment agreement (the “Employment Agreement”) entered into on February 3, 2015 by and between you and ClearSign Combustion Corporation (the “Company”), the Compensation Committee of the Company’s Board of Directors has reviewed your performance and has determined to extend your employment and the Employment Agreement for a period of one year, until December 31, 2018.
Please acknowledge receipt of this letter and your agreement to continue providing your services to the Company in accordance with the Employment Agreement by dating and countersigning this letter at the space below and returning a copy to the undersigned.
Very truly yours, | ||
| /s/ Lon E. Bell | ||
| Lon E. Bell Chairman of the Compensation Committee | ||
October 30, 2017
I have received the above letter and agree to provide my services in accordance with the terms of the Employment Agreement through December 31, 2018.
| /s/ Stephen E. Pirnat | ||
| Stephen E. Pirnat | ||
