Letter Agreement Declining Stock Award under Employment Agreement between Thomas E. Zelibor and Lightwave Logic, Inc.
This letter agreement, dated May 12, 2014, is from Thomas E. Zelibor to Lightwave Logic, Inc., confirming that Mr. Zelibor declines all current and future shares of common stock he is entitled to under the Stock Award provision of his March 3, 2014 employment agreement. The agreement clarifies that Mr. Zelibor will not receive any stock awards as previously outlined in his employment terms.
EXHIBIT 10.2
May 12, 2014
Mr. James Marcelli
President
Lightwave Logic, Inc.
1831 Lefthand Circle, Suite C
Longmont, CO 80501
Re: Thomas E. Zelibor Employee Agreement Dated March 3, 2014
Dear Jim:
As we previously discussed, please let this letter serve as confirmation to the company that I am declining the award of all current and future shares of common stock that I am entitled to receive pursuant to the Stock Award provision of my March 3, 2014 employee agreement.
Sincerely,
/s/ Thomas E. Zelibor
Thomas E. Zelibor
