SSWE Employment Offer


Employment Offer

 

Dear Eric Thomas,

On behalf of Minchyn, Inc. (the “Company”), I am pleased to offer you a position as a Senior Software Engineer and acting CTO (the “Position”). This offer shall be subject to formal approval of the Board, provided that your service as a Senior Software Engineer and acting CTO shall not commence prior to September 11, 2024. Any public announcement of this matter prior to the effective date of your service as a Senior Software Engineer and acting CTO shall be made by mutual agreement of you and the Company.

Staff meetings are generally held remotely on Zoom or Google Meet on a bi-weekly basis, or on-site, and we hope that your schedule will permit you to attend all of the meetings. In addition, there may be telephonic meetings to address specific matters that arise from time to time.

As compensation for your services as a Senior Software Engineer and acting CTO, you will receive (i) a cash retainer of $16,000 which is the equivalent to $50 per hour for the duration of 2 months, dedicating 40 hours per week, and (ii) equity in the Company with an value of 5%. In each case, you shall receive compensation pursuant to the Shareholder (Co-Founder) Agreement of Minchyn, as in effect.

Nothing in this offer or your Shareholder (Co-Founder) Agreement of Minchyn shall restrict the rights of the Company to remove any individual from the staff at any time in accordance with the Company’s bylaws and provisions of applicable law. This letter sets forth the terms of your service as a Senior Software Engineer and acting CTO and supersedes any prior representations or agreements, whether written or oral. This letter may not be modified or amended except by a written agreement, signed by the Company’s Chief Executive Officer and by you.

I am pleased to extend you this offer and look forward to working with you as an employee of the Company. To indicate your acceptance of the Company’s offer, please sign and date this letter in the space provided below and return it to myself.

 

Very truly yours,

MINCHYN, INC.

By: Kristen Candler

 

ACCEPTED AND AGREED: 

October 13, 2024

Date

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Signed by Kristen Candler
Signed On: September 18, 2024


Signature Certificate
Document name: SSWE Employment Offer
lock iconUnique Document ID: 4b83bb2757aa42b20178e0cce26444ffc3225d58
Timestamp Audit
September 18, 2024 7:18 pm EDTSSWE Employment Offer Uploaded by Kristen Candler - kc@minchyn.com IP 76.35.89.42