EMPLOYMENT OFFER
LETTER
Date: 30 th August , 2024
Dear Justine S. Shaffer
is pleased to offer you employment on the following terms:
• Position: Your initial position would be Data Entry Clark and you are to initially
report to Mr. Nicholas Morgan, this is a Full time position. While you render
services to the Company, you can still beengaged in any other employment,
consulting or other business activities (with Part Time) that wouldn’t create any
conflict of interest with the Company. By signing this
letter of agreement, you confirm to the Company that you have no contractual
commitments or other legal obligations that would prohibit you from performing
your duties forthe Company.
• Cash Compensation: The Company startup pay is $42 per hour and the
training pay is $22.48 perhour which is payable in accordance with the
Company's standard payroll schedule.
• Employee(s) Benefits. As a regular employee(s) of the Company, you will be
eligible to participatein a number of Company-sponsored benefits. In addition, you
will be entitled to paid vacation in accordance with the Company's vacation policy,
as in effect from time to time.
• Stock Options: Subject to the approval of the Company's Board of Directors or its
Compensation Committee, you will be granted an option to purchase 2 shares of the
Company's common stock (Option) the exercise price per share of the Option will be
determined by the Board of Directors or the Compensation Committee when the
Option is granted. The Option would be subject to the terms and conditions
applicable to options granted under the Company's 2021 Stock Plan (the "Plan"), as
described in the Plan and the applicable Stock Option Agreement. You will vest in
25% of the Option shares after 12 months of continuous service, and the balance will
vest in equal monthly installments over the next 36 months of continuous service, as
described in the applicableStock Option Agreement.
• Employment Relationship: Employment with the Company is for no specific period
of time. Your employment with the Company will be "at will," meaning that either you
or the Company may terminate your employment at any time and for any reason,
with or without cause. Any contrary representations that may have been made to you
are superseded by this letter agreement. This is the full and complete agreement
between you and the Company on this term. Although your job duties, title,
compensation and benefits, as well as the Company's personnel policies and
procedures, may change from time to time, the "at will" nature of your employment
may only be changed in an express written agreement signed by you and duly
authorized officer of the Company (other than you).
• Tax Matters. (a) Withholding: All forms of compensation referred to in this letter
of agreementare subject to reduction to reflect applicable withholding and payroll
taxes and other deductions required by law. (b) Tax Advice: You are encouraged to
obtain your own tax advice regarding your compensation from the Company. You
agree that the Company does not have a duty to design its compensation policies in
a manner that minimizes your tax liabilities, and you will not make any claim against
the Company or its Board of Directors related to tax liabilities arising from your
compensation.
• Interpretation, Amendment and Enforcement. This letter of agreement is the
complete agreementbetween you and the Company, contain all of the terms of
your employment with the Company and supersede any prior agreements,
representations or understandings (whether written, oral or implied) between you
and the Company. This letter agreement may not be amended or modified, except
by an express written agreement signed by both you and a duly authorized officer
of the Company. The terms of this letter agreement and the resolution of any
disputes as to the meaning, effect, performance or validity of this letter agreement
or arising out of, related to, or in any way connected with, this letter agreement,
your employment with the Company or any other relationship between you and the
Company (the "Disputes'') will be governed by US law, excluding laws relating to
conflicts or choice of law. You and the company submit to the exclusive personal
jurisdiction of the federal and state courts located in any US in connection with any
Dispute or any claim related to any Dispute. You may indicate your agreement with
these terms and accept this offer by signing and dating the agreement letter and
returning them to me with a valid License. This offer, if not accepted, will expire at the
close of business on October 5th 2023
Employee Full Name:
Signature/Date:
Sincerely
SIG GROUP
