Amendment No. 1 to Employment Agreement between Drone Aviation Holding Corp. and Jay H. Nussbaum
This amendment, dated September 26, 2016, is between Drone Aviation Holding Corp. and Jay H. Nussbaum. It extends the term of Mr. Nussbaum's employment from May 18, 2018, to December 31, 2018. All other terms of the original employment agreement remain unchanged and in effect.
Exhibit 10.2
AMENDMENT NO. 1
TO
EMPLOYMENT AGREEMENT
This Amendment No. 1 to the Employment Agreement (“Amendment”), dated September 26, 2016, is by and between Drone Aviation Holding Corp., a Nevada corporation with an address 11651 Central Parkway #118, Jacksonville, FL 32224 (the “Company”), and Jay H. Nussbaum (the “Executive”).
WHEREAS, the parties entered into an Employment Agreement on April 27, 2016 (the “Employment Agreement”); and
WHEREAS, the parties wish to further amend the Employment Agreement as set forth below, with the understanding that all other provisions of the Employment Agreement shall remain unchanged;
NOW, THEREFORE, in consideration of the terms and conditions hereinafter set forth, the parties hereto agree as follows:
| 1. | Section 3 of the Employment Agreement- Term of Employment- is hereby extended by from May 18, 2018 to December 31, 2018. |
| 2. | The terms and conditions of all other sections of the Employment Agreement shall remain unchanged and in full force and effect. |
IN WITNESS WHEREOF, the parties have executed this agreement as of the date first stated above.
| DRONE AVIATION HOLDING CORP. | ||
| By: | /s/ Kendall W. Carpenter | |
| Name: | Kendall W. Carpenter | |
| Title: | Chief Financial Officer | |
| By: | /s/ Jay H. Nussbaum | |
| Name: | Jay H. Nussbaum | |
