Consent to Transfer Employment Agreement and Liabilities by David Herzfeld
David Herzfeld agrees to transfer his employment agreement and all related payments from Webstar Technology Group, Inc. to James Owens, effective December 31, 2019. As of that date, Herzfeld is no longer employed by Webstar Technology Group, Inc., and the company has no further obligations to him under the employment agreement. This consent was signed by Herzfeld on February 19, 2020, but is effective retroactively to December 31, 2019.
Exhibit 10.5
WEBSTAR TECHNOLOGY GROUP, INC.
CONSENT TO TRANSFER EMPLOYMENT AGREEMENT AND LIABILITIES
I, David Herzfeld, hereby consent to the transfer of my employment agreement, and all amounts due me now and in the future thereunder, from Webstar Technology Group, Inc. to James Owens, effective December 31, 2019. I further understand that as of December 31, 2019, I am no longer employed by Webstar Technology Group, Inc. and that, as of December 31, 2019, Webstar Technology Group, Inc. has no liability to me, past or future, associated with my employment agreement.
Agreed to this 19th day of February, 2020, effective December 31, 2019.
| By: | ||
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| David Herzfeld |
