Offer Letter between AST & Science, LLC and Abel Avellan
EX-10.12 17 ex10-12.htm
July 18th, 2018
You have been performing the duties of your position since June of 2017, and we are pleased to formalize in writing your position as Chairman & Chief Executive Officer for AST & Science, LLC (“AST” or “the Company”).
Your compensation package will consist of the following:
Cash Compensation – your annual gross salary will be $23,660 and you will begin to receive this cash compensation beginning on July 27th, 2018.
Other benefits – you will be eligible to participate in AST health and benefits plans.
We are very excited that you arguing to continue helping us execute the vision for AST's future prospects.
| ||AST & Science LLC|
| || || |
| || ||/s/ Tom Severson|
| ||By: ||Tom Severson|
| ||Its: ||Chief Financial Officer & Operating Officer|
The forgoing terms and conditions are hereby accepted as of July 18, 2018
|Signed: ||/s/ Abel Avellan || |
| ||Abel Avellan || |