Nature of Services and Duties Contract Clauses (13)

Nature of Services and Duties. Effective November 4, 2019, Employee shall serve in the position of Chief Executive Officer. At all times during the term of this Agreement, Employee shall use his/her best efforts and apply his/her skill and experience to the proper performance of his/her duties hereunder and to achieve the goals set forth herein. Employee shall be directly accountable to and work under the authority and direction of the Board of Directors, or any "Designee" and shall report through such offices as may be direc...ted by the Chairman of the Board of Directors, or their Designee, from time to time. Employee shall perform such executive, managerial and administrative duties and services as are customary for a True Nature Holding, Inc. and or its subsidiaries and such further executive duties as may be specified from time to time by the Board of Directors or their Designee, including without limitation: i. CEO is a pivotal leadership role directly influencing the future of the company. Your responsibilities will include acquisition strategy development, market and product development, new business sales, investor relations, installed client base sales, marketing, and partner strategy in healthcare related fields and or others when requested by the Board of Directors. As TNTY's CEO, utilize your successful background to increase revenue, well as leverage and create relationships among Fortune 1000 brands, and direct/managing potentially a large TNTY healthcare solution-focused and compliance-based organization. iii. Given TNTY's is a public, early phase development company, your contributions toward and collaboration with other senior leaders in organizational development is key to ensure success. View More

Nature of Services and Duties. Effective, not later than, April 12, 2021, Employee shall serve in the position of Chief Legal Officer and Secretary of Mitesco Inc. b. At all times during the term of this Agreement, Employee shall use his/her best efforts and apply his/her skill and experience to the proper performance of his/her duties hereunder and to achieve the goals set forth herein. Employee shall be directly accountable to and work under the authority and direction of the Chief Executive Officer or any "Designee" the CE...O shall direct the Employee to report to, and shall report through such offices as may be directed by the CEO, or their Designee, from time to time. Employee shall perform such executive, managerial and administrative duties and services as are customary for a General Counsel and such further executive duties as may be specified from time to time by the Chairman, or their Designee, including without limitation: i. General Corporation Governance and Regulatory Maintenance Filings ii. Creation and maintenance of Corporate documentation, minutes,... iii. Securities and Exchange Commission (SEC) Reporting and Compliance iv. M&A contract negotiations, documentation, filings v. Labor Law and Compliance vi. Healthcare Law and Compliance vii. Contract Negotiations ( Real-estate, Vendors...) viii. Liability management ix. Litigation, Legal activities, and Law Firm management and oversight 2. Term. This Agreement shall be effective from April 12, 2021, ("the Commencement Date"), through employees' resignation, ("the Termination Date"), unless amended by subsequent written agreement of the parties or terminated as provided herein. The Employee shall be considered a full-time employee as of the Commencement Date. 844 ###-###-#### 601 Carlson PKWY, Suite 1050 Minnetonka, MN 55305 www.mitescoinc.com 3. Compensation. (a) Employee shall be paid an annual base salary of Two Hundred Fifty Thousand ($250,000) Dollars payable in accordance with the Employer's standard payroll procedures, with a performance and salary review to be conducted annually, at which time the Employee's salary shall be adjusted in accordance with applicable compensation policies. (b) In addition, Employee shall be eligible to receive a bonus target of 25% of base compensation commencing fiscal year 2021, if approved by the Compensation Committee in its sole discretion. (c) The Employee agrees that their Compensation will accrue from the Commencement Date of this agreement until such time as the Company, as determined by the Board, has sufficient funding. (d) The Employee may receive certain awards of incentive stock options, and those awards are subject to certain vesting, or conditions, including, but not limited to the tenure of the Employee, or achievement of certain objectives, as more further defined in the award notice and the S8 policy and procedures, and generally under the terms as noted below: 1. Award of Incentive Stock Options. Mitesco, Inc. (the "Company") hereby Awards incentive Stock Options of the Company pursuant to vesting terms. The Stock Options are awarded by a authorization of the Board of Directors within 30 business days of employment start date and priced in accordance with the S-8 plan and the plan policies and procedures. Any violations of securities laws, or the provisions of the Code of Conduct will result in the immediate cancellation of any and all stock awards previously issued or authorized. View More