First Amendment to Consulting Agreement between Paul Manners and Shaun R. Bagai, CEO
This amendment updates the consulting agreement between Paul Manners and the company, represented by CEO Shaun R. Bagai. Effective December 1, 2020, Paul Manners' hourly compensation increases from $50 to $150, with a cap of 30 hours per month unless the CEO provides written approval for additional hours. The amendment requires Paul Manners' signature to confirm acceptance of these new terms.
Exhibit 10.5
Dec. 13, 2020
Paul Manners
943 Aquarius Way
Oakland, CA 94611
| Re: | First Amendment to July 9, 2019 Consulting Agreement |
Dear Paul:
As discussed, we have agreed to modify your July 9, 2019 Consulting Agreement as follows:
Effective December 1, 2020, please change the compensation from $50 per hour to $150 per hour up to 30 hours per month. Consultant may not exceed 30 hours in a calendar month without prior written (email) approval from the CEO.
Please sign this letter to indicate your agreement with these amendments.
Yours,
Shaun R. Bagai, CEO
Acknowledged and Agreed by
| Paul Manners: |
| Date: |
