LETTER AGREEMENTLetter Agreement • April 27th, 2020 • Usa Technologies Inc • Calculating & accounting machines (no electronic computers) • Pennsylvania
USA Technologies, Inc. (the “Company”), on the one hand, and Hudson Executive Capital LP (“HEC”), on behalf of itself, its affiliates and its affiliated funds (such affiliates and affiliated funds (which, for the avoidance of doubt and without limitation, shall include HEC Management GP LLC, HEC Master Fund LP and HEC SPV IV LP), together with HEC, collectively, the “HEC Group”), on the other hand, have mutually agreed to the terms contained in this letter agreement (this “Letter Agreement”). For purposes of this Letter Agreement, we refer to each of the Company and the HEC Group as a “Party” and, collectively, as the “Parties.”
First Amendment to Employment AgreementEmployment Agreement • April 27th, 2020 • Usa Technologies Inc • Calculating & accounting machines (no electronic computers)
This First Amendment to the Employment Agreement (the “Amendment”) is made and entered into as of April 26, 2020, by and between USA Technologies, Inc., a Pennsylvania corporation, (the “Corporation”) and Donald W. Layden, Jr. (the “Executive”).
