Amendment to Change of Control Agreement between Franklin Wireless Corp. and Yun J. Lee

Summary

Franklin Wireless Corp. and Yun J. (David) Lee have agreed to extend the term of their existing Change of Control Agreement, originally dated October 1, 2020. The new expiration date for the agreement is September 30, 2024. This amendment simply extends the duration of the original agreement, with all other terms remaining unchanged.

EX-10.8 3 franklin_ex1008.htm AMENDMENT TO CHANGE OF CONTROL AGREEMENT YUN J. LEE

EXHIBIT 10.8

 

 

Franklin Wireless Corp.

9707 Waples Street

Suite 150

San Diego, California

 

September 25, 2023

 

Yun J. (“David”) Lee

c/o Franklin Wireless Corp.

9707 Waples Street

Suite 150

San Diego, California

 

Re: Change in Control Agreement

 

Dear Mr. Lee:

 

This is to confirm that the term of the Change of Control Agreement between you and Franklin Wireless Corp., dated October 1, 2020, is hereby extended through September 30, 2024.

 

Very truly yours,

 

Franklin Wireless Corp.

 

 

By: /s/ Gary Nelson

Chairman of the Board, Franklin Wireless Corp.

 

Accepted:

 

/s/ Yun J. (“David”) Lee

David Lee