SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • August 5th, 2015 • Electronic Systems Technology Inc • Electronic components & accessories
This Separation and Release Agreement (“The Agreement”) is entered into this 29th day of July, 2015 between THOMAS L. KIRCHNER (“Kirchner”) and ELECTRONIC SYSTEMS TECHNOLOGY, INC., a Washington Corporation (“ELST”).
Molex Signs Distribution and Technology Agreement with Electronic Systems Technology Inc. Agreement allows Molex to sell EST products and integrate EST technology into Molex solutionsMolex Signs Distribution and Technology Agreement • August 17th, 2017 • Electronic Systems Technology Inc • Electronic components & accessories
LISLE, IL / Kennewick, WA – August 17, 2017 – Molex and Electronic Systems Technology Inc. (EST) dba ESTeem Wireless Modems, manufacturer of the ESTeem™ product line of narrow-band licensed, Ethernet-licensed and unlicensed wireless modems, have signed a Master Goods Agreement that allows Molex to sell EST’s full product line as well as integrate ESTeem technology into Molex products. This distribution agreement expands the Molex wireless communications offering and gives customers access to a broader range of solutions.
CONSULTING AGREEMENTConsulting Agreement • August 5th, 2015 • Electronic Systems Technology Inc • Electronic components & accessories • Washington
This CONSULTING AGREEMENT (“Agreement”) is made and entered into as of August 1, 2015 (the “Commencement Date”), between ELECTRONIC SYSTEMS TECHNOLOGY, INC. a Washington corporation (“ELST”), and THOMAS L. KIRCHNER (“Kirchner”). Upon the expiration of the seven-day revocation period described in Section 5.b. of the Separation Agreement (as defined below) without a revocation by the Officer as described therein (the “Effective Date”), this Agreement will become effective as of the Commencement Date, provided that if the Effective Date does not occur, this Agreement will be void ab initio (e.g., it shall never take effect).
