--------------------------------------------------------------------------------

AMENDMENT NO. 2 TO EMPLOYMENT OFFER LETTER AGREEMENT

 

This Amendment No. 2 to Employment Offer Letter Agreement (this “Amendment”) is
made as of February 21, 2018, by and between Sigma Labs, Inc., a Nevada
corporation (the “Company”), and Ron Fisher (the “Employee”), with reference to
the following facts:

WHEREAS, the Company and the Employee are parties to an employment offer letter
agreement, effective August 10, 2015, as amended by Amendment No. 1 thereto (as
so amended, the “Employment Letter”); and

 

WHEREAS, the Company and the Employee wish to amend the Employment Letter as
provided in this Amendment.

 

NOW, THEREFORE, in consideration of the foregoing and other consideration, the
receipt and sufficiency of which hereby are acknowledged, the Company and the
Employee hereby agree as follows:

 

1.Item 2, entitled "Performance Bonuses," of Exhibit A of the Employment Letter
is hereby amended to replace the "February 11, 2018" reference therein with
"December 31, 2018."  

 

2.Except as expressly amended by this Amendment, all of the terms of the
Employment Letter shall remain in full force and effect. 

 

IN WITNESS WHEREOF, the Company and the Employee have executed this Amendment as
of the date first set forth above.

 

SIGMA LABS, INC.

 

 

RON FISHER

 

 

By:/s/ John Rice 

John Rice 

Interim Chief Executive Officer

/s/ Ron Fisher

 

--------------------------------------------------------------------------------