Tecogen Inc. and John N. Hatsopoulos Advisory Agreement Extension Letter (2019)

Summary

Tecogen Inc. and John N. Hatsopoulos have agreed to extend the provision of employee benefits under their January 2018 Advisory Agreement until March 29, 2024, as long as Mr. Hatsopoulos continues to provide advisory services to Tecogen. This letter confirms the extension and requires Mr. Hatsopoulos's signature to acknowledge his agreement. The main obligation is for Tecogen to continue benefits while Mr. Hatsopoulos continues his advisory role.

EX-10.01 2 letterreadvisoryagreement2.htm EXHIBIT 10.01 Exhibit
    



    
July 22, 2019

Mr. John N. Hatsopoulos
45 First Ave.
Waltham, MA 02451

Re: Advisory Agreement

Dear John:

This letter confirms the decision today by the Tecogen Board of Directors that until March 29, 2024, Tecogen will continue to provide the employee benefits contemplated by the Advisory Agreement dated January 2018 between you and Tecogen for so long as you continue to provide the advisory services contemplated by the Advisory Agreement.

Please confirm your agreement with the foregoing by signing a copy of this letter and returning it to me.

We appreciate your continuing support of Tecogen.



Sincerely,

/s/ Benjamin Locke
Benjamin Locke,
CEO                
    
AGREED:


/s/ John N. Hatsopoulos
John N. Hatsopoulos                

Tecogen Inc.
45 First Avenue, Waltham, MA 02451 • ph: 781 ###-###-#### • fax: 781 ###-###-#### • www.tecogen.com