Oral Employment Arrangement between the Company and Abhishek Arora
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Human Resources
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EX-10.3 17 fs12018ex10-3_hyrecarinc.htm ORAL EMPLOYMENT ARRANGEMENT BETWEEN THE COMPANY AND ABHISHEK ARORA
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.
