Exhibit 10.2


 


 


 


June
24, 2021


 


Mr.
Anthony T. Brenz


1378
Ridge View Court


Grand
Blanc, Michigan 48439


C
586.321.2125


 


	Subject:
    	Offer
    to join the Artificial Intelligence Technology Solutions team


 


Dear
Tony,


 


Congratulations!
It is with great excitement that we are pleased to offer you the role of Chief Financial Officer of Artificial Intelligence Technology
Solutions Inc.


 


Role
Outline


 


This
role will encompass a variety of job duties and responsibilities. These include – but of course are not limited to – the
following:


 


This
role is overwhelming focused on any and all duties standard for the CFO of a micro-cap company with the Culture as previously defined.


 


Supplemental
to the primary goal, and in support of the primary goal, additional expected activities include but are not limited to:


 


	 	-	HR
    and administrative management and related work
	 	-	General
    management coaching of upcoming AITX/RAD leaders
	 	-	General
    assistance as it relates to AITX/RAD facilities
	 	-	Other
    strange, possibly uncomfortable and unknown duties as may be required to help the success of AITX/RAD


 


Structure


 


The
role reports to Steve Reinharz, President and CEO.


 


Sensitive
Information


 


You
will be privy to sensitive information that no one else may know about. Information may affect market acceptance of our products, relationships
with key vendors, employee morale, and our stock price. Working closely with Steve and the AITX/RAD team for proper execution of the
work and strategic sharing of information is critical in this role.


 


Artificial
Intelligence Technology Solutions Inc.


info@aitx.ai
 ● www.aitx.ai  ● 31103 Rancho Viejo Road, Ste. D2114 San Juan Capistrano, California 92675


 




    	 



     


    

 


 


 


Time
off


 


We
have an ‘unlimited’ PTO policy with the only restrictions being imposed by the nature of our mission and deliverables. Largely
speaking we trust your commitment to your goals, and we understand balancing the priorities of personal business. Time off for doctor
visits, family member doctor visits/emergencies/etc., puppy vet visits and sick time is not accrued nor tracked. We would like you to
organize your schedule for your best productivity personally and professionally. Extended vacation time needs to be pre-approved from
a timing perspective so we can have your work covered appropriately and ensure core corporate responsibilities are achieved.


 


AITX/RAD
Culture


 


Our
corporate philosophies include a can-do attitude, no egos, merit-based vs title/position based, and commitment to our mission. Our mission
of course is to become the dominant company for security robots and other solutions we will bring to market.


 


As
this is a technology startup there will be work and duties that are unforeseen and cannot be predicted. As with everyone in our core
group the expectation is that we all do whatever is necessary to achieve our goals.


 


Compensation


 


Base
salary:


 


	 	-	Base
    salary will be $180,000 paid twice per month according to our payroll schedule.


 


Performance
Based Incentives:


 


	 	-	The program will be as follows:
	 	 	 	○	Up
    to 50% of your base salary and will be paid quarterly.
	 	 	 	○	The
    performance incentive is at the discretion of the CEO and will be based on performance.
	 	 	 	○	This
    program will evolve over time.


 


Stock:


 


	 	-	It
    is the company’s intention to roll out a stock award program within the next 18 months. Your role will entitle you to
    participate in the plan when it is rolled out. The ESOP program has been officially submitted and approved and part of your role
    will be administration of this.


 


Other:


 


	 	-	Cell
    phone expense: Up to $50 per month can be claimed
	 	-	Health
    care: Benefits are scheduled to start June 1, 2021
	 	-	401k:
    The company is considering options for this in concert with the stock award program.


 


The
personal non-disclosure agreement will remain in force throughout and post-employment. Your anticipated start date in this new role will
be Thursday, June 24th, 2021.


 


Please
indicate your acceptance by signing and returning this document to me at your convenience. This offer expires at midnight, June 24, 2021.


 



Artificial
Intelligence Technology Solutions Inc.


info@aitx.ai
● www.aitx.ai ● 31103 Rancho Viejo Road, Ste. D2114 San Juan Capistrano, California 92675


 







    	 



     


    

 





 


On
behalf of Team AITX/RAD, I look forward to working with you and achieving AITX/RAD’s goals together!


 


	 	 












Steve
Reinharz


President,
Robotic Assistance Devices, Inc.


CEO,
Artificial Intelligence Technology Solutions Inc.


 


Acceptance:


 


	Employee
    name:	 		Date	 	 	Signature:	 








 


Artificial
Intelligence Technology Solutions Inc.


info@aitx.ai
● www.aitx.ai ● 31103 Rancho Viejo Road, Ste. D2114 San Juan Capistrano, California 92675