Amendment to Employment Agreement, dated August 27, 2018, by and between Solis Tek Inc. and Tiffany Davis

EX-10.01 2 ex10-01.htm

 

Exhibit 10.01

 

SOLIS TEK INC.

853 Sandhill Avenue

Carson, California 90746

 

August 27, 2018

 

VIA EMAIL

 

Tiffany Davis

c/o Solis Tek Inc.

853 Sandhill Avenue

Carson, California 90746

 

Re: Amendment to Employment Agreement

 

Dear Ms. Davis:

 

This letter shall serve as an amendment to the employment agreement dated August 22, 2018 by and between Solis Tek Inc. and Tiffany Davis (the “Agreement”). Capitalized terms used but not defined herein shall have the meaning ascribed to them in the Agreement. The last sentence of Section 3(f) of the Agreement is hereby amended and replaced in its entirety with the following:

 

“On the Effective Date, the Company shall grant to Executive an option to purchase 750,000 shares of the Company’s common stock, exercisable at any time, for a period of five (5) years at $0.94 per share.”

 

The foregoing amendment shall be effective as of August 27, 2018.

 

  SOLIS TEK INC.
     
  /s/ ALAN LIEN
  By: Alan Lien                                                          
  Title: Chief Executive Officer

 

Accepted to and agreed this

27th day of August, 2018:

 

/s/ TIFFANY DAVIS  
Tiffany Davis