Transition Consulting Agreement between Grandparents.com, Inc. and Joseph Bernstein
Grandparents.com, Inc. (GPCM) and Joseph Bernstein have agreed that, following the end of his employment, Mr. Bernstein will provide part-time financial consulting services as Interim Chief Financial Officer. He will act as an independent consultant and be paid $10,000 per month. Either party can end this agreement with 30 days’ written notice. The agreement also notes that Mr. Bernstein is a Florida resident.
Exhibit 10.2
Joseph Bernstein
6663 Casa Grande Way
Delray Beach, FL 33446
Re: Transition Consulting Services
Dear Joe:
This letter sets forth the understanding and agreement between Grandparents.com, Inc. (“GPCM”) and you regarding certain consulting services you have agreed to provide to GPCM following the termination of your employment with GPCM. Specifically, you agree to provide part-time financial services as an Interim Chief Financial Officer of GPCM, acting in an independent consultant capacity, as may be requested from time to time by GPCM at a rate of $10,000 per month commencing on the date hereof. Either party may terminate this side letter upon 30 days’ prior written notice. GPCM acknowledges that you have represented that you are currently a Florida resident.
Very truly yours,
[Name]
[Title]
Acknowledged and Agreed to
| Joseph Bernstein |
