Oral Employment Agreement between HyreCar Inc. and Abhishek Arora as Chief Technology Officer
HyreCar Inc. and Abhishek Arora have an oral agreement for Mr. Arora to serve as Chief Technology Officer with an annual salary of $96,000. In 2017, Mr. Arora deferred $12,000 of his salary, receiving $84,000 in cash. He may be considered for an annual incentive bonus at the board's discretion. Mr. Arora's employment is at-will, meaning either party can end the arrangement at any time.
Exhibit 10.3
Oral Employment Arrangement between the Company and Abhishek Arora
The company has an oral agreement with Mr. Abhishek Arora pursuant to which he receives an annual salary of $96,000 for his services as Chief Technology Officer. During the year ended December 31, 2017, Mr. Arora deferred $12,000 of his salary. As a result, Mr. Arora received cash compensation equal to $84,000 during the year ended December 31, 2017. Subject to the discretion of the board, Mr. Arora will be considered for an annual incentive bonus. Mr. Arora is an at-will employee of the company.
