Addendum to Employment Contract, dated March 20, 2024, by and between LiqTech Holdings A/S and Phillip Massie Price

Contract Categories: Human Resources - Employment Agreements
EX-10.17 4 ex_643246.htm EXHIBIT 10.17 ex_643246.htm

Exhibit 10.17

 

LIQTECH

 

 

 

 

Phillip Massie Price Strandgardsvej 50

4000 Roskilde

 

Date: 20 March 2024

 

 

 

 

Addendum for Interim CFO

 

 

In connection with you assuming the role of Interim CFO (interim) as of April 1, 2024, there will be the following changes to your employment contract:

 

 

•

Monthly salary as interim CFO per month: 100,000 DKK
 

•

Your bonus will change so that you can achieve up to 3 months' bonus per year.
 

•

Your notice period will be extended by 2 months mutually, so the notice period will be 3 months if the employee wishes to terminate his position. And, in case the company wishes to terminate the employee, the notice will be the applicable rule at any given time according to Danish Funktionaerloven + 2 months.

 

The above terms apply as long as you hold the position of interim CFO. All other terms in your employment contract remain unchanged.

 

I look forward to a close future collaboration.

 

 

Best regards,

/s/ Fei Chen

Fei Chen

CEO

 

 

 

For accept:

/s/ Phillip Massie Price

Phillip Massie Price

 

 

 

 

 

 

 

 

LiqTech +45 4498 6000  
ln dustr iparken 22 C info@liqt ech.com  
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