Amendment to Employment Agreement between Aterian, Inc. and Joshua Feldman

Contract Categories: Human Resources › Employment Agreements
Summary

This amendment updates the employment terms between Aterian, Inc. and Joshua Feldman. Effective June 26, 2024, Feldman's annual salary is set at $310,000. He will also receive 61,333 shares of restricted common stock, with one-third vesting after one year and the remainder vesting quarterly over two years. All other terms of the original employment agreement remain unchanged.

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EX-10.2 5 ex_702266.htm EXHIBIT 10.2 ex_702266.htm

 

Exhibit 10.2

 

 

 

June 26, 2024

 

Joshua Feldman

(via email only to ***@***)

 

Re: Amendments to your Employment Agreement

 

Dear Josh,

 

This will amend your employment arrangements with Aterian, Inc. (the “Company”) as set forth in that letter agreement dated March 30, 2022 between you and the Company (, as amended from time to time, collectively, the “Employment Agreement”).

 

We agree that, beginning June 26, 2024, your annual salary will be $310,000.

 

We also agree to the following:

 

●

You will be granted 61,333 shares of restricted common stock of the Company, vesting one-third on the approximate one-year anniversary of the date of grant and thereafter in eight equal quarterly installments

 

All other terms of the Employment Agreement, including bonus target shall remain unchanged and in full force and effect.

 

 

 

Sincerely,

 

Aterian, Inc.

 

 

By: /s/ Christopher Porcelli                                                 

Christopher Porcelli, General Counsel and Head of People

 

 

Agreed and Accepted:

 

 

/s/ Joshua Feldman                                                             

Joshua Feldman