First Addendum to Employment Agreement between OptimizeRx Corporation and Douglas Baker (March 10, 2020)

Contract Categories: Human Resources › Employment Agreements
Summary

This addendum updates the employment agreement between OptimizeRx Corporation and Douglas Baker. Effective January 1, 2020, Mr. Baker's annual base salary is set at $260,000, to be paid according to the company's standard payroll practices and subject to applicable withholdings. All other terms of the original agreement dated February 17, 2019, remain unchanged.

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EX-10.3 2 f10k2019ex10-3_optimizerx.htm AMENDMENT TO EMPLOYMENT AGREEMENT WITH DOUG BAKER, DATED MARCH 10, 2020

Exhibit 10.3

 

Employment Agreement Addendum I

Addendum to agreement dated February 17, 2019

 

This first addendum to the employment agreement (the “Addendum”) is made this 10th day of March 2020, by and between OptimizeRx, Corporation (the “Company”), a Nevada Company, and Douglas Baker (the “Executive”).

 

Base Salary: The Executive will receive a base salary at the annualized rate of $260,000.00 (“Base Salary”), which will be paid in accordance with normal Company payroll practices and subject to the usual and applicable required withholding(s).

 

Effective Date: January 1, 2020

 

Acknowledgment:

 

Except as expressly set forth herein, all other terms of the Agreement remain in full force and effect.

 

OptimizeRx, Corporation   Douglas Baker
     
By: Will Febbo   By: Douglas P. Baker
Its: Chief Executive Officer   Date: March 10, 2020
Date: March 10, 2020