0001851734-22-000203 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • April 19th, 2022 • Wrap Technologies, Inc. • Ordnance & accessories, (no vehicles/guided missiles)

This Employment Agreement (“Agreement”) is made and entered into by and between Wrap Technologies, Inc., a Delaware corporation (the “Company”), and TJ Kennedy (“Executive”) on April 1, 2022 (the “Execution Date”). For all purposes under this Agreement, “Commencement Date” shall mean the date on which Executive commences employment with the Company hereunder, which the Company and Executive expect to be on or about April 18, 2022. This Agreement and all obligations hereunder shall be null and void if the Commencement Date does not occur by May 1, 2022; provided, however, the Company and Executive agree that if the Commencement Date does not occur by such date because of the Company’s termination of this Agreement for any reason other than the occurrence of a Cause event or Executive’s breach of any obligation he owes to a third party, then Executive shall be entitled to seek damages and any other relief to which he may be entitled from the Company.

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EMPLOYMENT AGREEMENT
Employment Agreement • April 19th, 2022 • Wrap Technologies, Inc. • Ordnance & accessories, (no vehicles/guided missiles)

This Employment Agreement (“Agreement”) is made and entered into by and between Wrap Technologies, Inc., a Delaware corporation (the “Company”), and Kevin Mullins (“Executive”) on April 3, 2022 (the “Execution Date”). For all purposes under this Agreement, “Commencement Date” shall mean the date on which Executive commences employment with the Company hereunder, which the Company and Executive expect to be on or about April 11, 2022. This Agreement and all obligations hereunder shall be null and void if the Commencement Date does not occur by May 1, 2022; provided, however, the Company and Executive agree that if the Commencement Date does not occur by such date because of the Company’s termination of this Agreement for any reason other than the occurrence of a Cause event or Executive’s breach of any obligation he owes to a third party, then Executive shall be entitled to seek damages and any other relief to which he may be entitled from the Company.

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