Second Amendment to Employment Agreement between CLS Holdings USA, Inc. and Charlene Soco
CLS Holdings USA, Inc. and Charlene Soco have amended her employment agreement. Effective February 4, 2022, her annual salary increases from $117,500 to $137,500, locked in for one year. She is also granted 50,000 shares of common stock, effective February 14, 2022. The agreement will be reviewed by February 4, 2023, with consideration allowed within 60 days prior. This amendment replaces all previous versions of the employment agreement.
Exhibit 10.25.B
February 04, 2022
Second Amendment to Employment Agreement for employee Charlene Soco.
CLS Holdings USA, Inc. grants 50,000 shares of common stock, in total, to Charlene Soco effective February 14, 2022.
Effective February 04, 2022, Charlene Soco’s salary will increase from $117,500.00 annually to $137,500.00 annually. This annual salary amount will be locked in for one (1) year from date of issuance.
The revised Employment Agreement review date is updated to February 04, 2023 and is up for consideration within 60 days prior to the review date. This Employment Agreement supersedes all previous versions.
By signing below, all parties agree to this Amendment in its entirety.
| CLS HOLDINGS USA, INC., | |||
| By: /s/ Andrew Glashow | Feb 14, 2022 | ||
| Andrew Glashow | Date | ||
| President and Chief Operating Officer, CLS Holdings USA, Inc. |
| EMPLOYEE | |||
| By: /s/ Charlene Soco | Feb 14, 2022 | ||
| Charlene Soco | Date | ||
| Vice President of Finance, CLS Holdings USA, Inc. |
