Addendum to Employment Agreement between FTE Networks, Inc. and Carlie Ancor

Contract Categories: Human Resources › Employment Agreements
Summary

This addendum, effective January 1, 2016, modifies the employment agreement between FTE Networks, Inc. and Carlie Ancor. The main change is updating Carlie Ancor's title to Chief Technology Officer (CTO) for the remainder of the agreement's term. All other terms and conditions of the original employment agreement remain unchanged.

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EX-10.21 3 v428733_ex10-21.htm EXHIBIT 10.21

 

 Exhibit 10.21

 

ADDENDUM TO

 

EMPLOYMENT AGREEMENT

 

As of the 1st day of January 2016, this ADDENDUM TO EMPLOYMENT AGREEMENT (“Agreement”) is entered into by and FTE Networks, Inc, a Nevada corporation (the “Company”), and Carlie Ancor undersigned individual (“Executive”).

 

WHEREAS, the Company and Executive entered into certain employment agreement dated October 26, 2015 (“Employment Agreement”), attached hereto as Exhibit A.

 

WHEREAS, parties desire to modify the terms of the Employment Agreement to change the title of the Executive.

 

NOW, THEREFORE, for $100.00 and other good and valuable consideration, receipt of which is hereby acknowledged by Executive, the Company and Executive agree to modify the Employment Agreement as follows:

 

1.Executive has agreed to continue to serve as an executive officer of the Company as the Chief Technology Officer (“CTO”) for the remaining term of the Agreement.
2.All other terms and conditions of the Employment Agreement shall remain in full force and effect.

 

FTE NETWORKS, INC. EXECUTIVE

 

By:     By:  
  Michael Palleschi, CEO and Chairman   Carlie Ancor
  Date :   Date :

 

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