EXECUTIVE AGREEMENT FOR CIPHERLOC CORPORATIONExecutive Agreement • October 23rd, 2020 • CIPHERLOC Corp • Services-computer processing & data preparation • Texas
Contract Type FiledOctober 23rd, 2020 Company Industry JurisdictionThis Agreement (the “Agreement”) is entered into October 19, 2020, by and between CIPHERLOC CORPORATION (“the Company”) and David Chasteen (“Executive”). Executive is an at-will employee of the Company. The provisions of the Offer Letter are incorporated by reference into this document. Additionally, the Company wishes to provide Executive with severance benefits if Executive’s employment is terminated in connection with a change in control.