Medinotec Inc. Letter of Offer for Chief Financial Officer Position to Mr. PM van Niekerk
Medinotec Incorporated has offered Mr. PM van Niekerk the position of Chief Financial Officer on its Board, with a starting remuneration package of $0 per year. The compensation and terms will be reviewed and adjusted by the remuneration committee after a benchmarking report is completed, at which point a formal contract will be issued. The offer is valid for 72 hours from April 26, 2021. The letter outlines the initial terms and welcomes Mr. van Niekerk to the company.
April 26, 2021
Attention: Mr PM van Niekerk
Letter of Offer
We the above-mentioned company Medinotec Incorporated, would like to make the following offer as discussed.
1. Basic Remuneration Package of $0 per year.
The package and the term of service will be subject to change upon review by the remuneration committee once a bench marking report have been created and the committee will then award a market related balanced remuneration package. A formal contract will be issued at this stage.
Please note this letter of offer is only valid for 72 hours.
Date of commencement April 26, 2021
The duties and responsibility of the position would be as that of Chief Financial Officer on the Board of Medinotec Inc.
We trust the offer meets with your expectations and would like to welcome you to the Medinotec Group.
Yours Sincerely
/s/ Gregory Vizirgianakis
Gregory Vizirgianakis (CEO)
