Summary of Oral Amendment to Employment Agreement between David Gregg and Hanryu Bank Co., Ltd.
Contract Categories:
Human Resources
›
Employment Agreements
Summary
David Gregg and Hanryu Bank Co., Ltd. agreed that Mr. Gregg will waive his compensation under his employment agreement until Hanryu Holdings, Inc. completes its Initial Public Offering. This oral amendment changes the original payment terms of his employment, delaying compensation until after the IPO is finalized.
EX-10.6 11 ea020920901ex10-6_hanryuhold.htm SUMMARY OF ORAL AMENDMENT TO EMPLOYMENT AGREEMENT BY AND BETWEEN DAVID GREGG AND HANRYU BANK CO., LTD., DATED JULY 2022
Exhibit 10.6
Oral Agreement Summary
The below is a summary of the oral agreement between Hanryu Bank Co., Ltd (the “Company”) and David Gregg.
On January 1, 2022, David Gregg entered into an employment agreement with the Company. Subsequently, David Gregg entered into an oral agreement with the Company agreeing to waive his compensation until after Hanryu Holdings, Inc. consummates its Initial Public Offering.
