Amendment No. 2 to Change of Control Agreement, dated September 11, 2024, between Franklin Wireless Corp. and Yun J. (“David”) Lee

EX-10.11 5 franklin_ex1011.htm AMENDMENT NO. 2 TO CHANGE OF CONTROL AGREEMENT, DATED SEPTEMBER 11, 2024, BETWEEN FRANKLIN WIRELESS CORP. AND YUN J. LEE

Exhibit 10.11

 

 

 

September 11, 2024

 

 

Yun J. (“David”) Lee

c/o Franklin Wireless Corp.

3940 Ruffin Road

Suite C

San Diego, CA 92123

 

 

Re: Amendment No. 2 to Change of Control Agreement between Franklin Wireless Corp. and Yun J. (“David”) Lee, dated September 11, 2024

 

 

Dear Mr. Lee

 

This is to confirm that the term of the Change of Control Agreement between you and Franklin Wireless Corp., originally dated October 1, 2020 and amended on September 25 2023, is hereby extended through October 1, 2027.

 

 

Very Truly Yours,

 

Franklin Wireless Corp.

 

 

 

 

 

By: _/s/ Gary Nelson______________________

 

Gary Nelson

Chairman of the Board, Franklin Wireless Corp.

 

 

 

 

 

By:_/s/ David Lee________________________

 

Yun J. (“David”) Lee

SVP Sales, Franklin Wireless Corp.

 

 

 

 

 

3940 Ruffin Road Ste C San Diego, CA 92123 ###-###-####

www.franklinwireless.com