Exhibit 10.1


 


UNANIMOUS WRITTEN CONSENT

OF THE BOARD OF DIRECTORS


OF


 


WYTEC INTERNATIONAL, INC.

A Nevada Corporation


 


The undersigned, being
all of the duly elected or appointed directors of Wytec International, Inc., a Nevada corporation (the “Company” or
“Wytec”), acting pursuant to Section 78.315 of the Nevada General Corporation Law, hereby consent in writing in lieu
of a meeting to take the following action and adopt the following resolutions:


 


PERFORMANCE BONUS FOR CHIEF EXECUTIVE
OFFICER OF THE COMPANY


 


WHEREAS, Mr.
Robert Merola has proposed that the Chief Executive Officer of the Company, Mr. William H. Gray, receive a performance bonus in
the amount of $35,000 in cash payable immediately, in consideration for his contributions to the Company during the 2019 fiscal
year, including but not limited to assisting with the Company’s development, structure and implementation of its business
plan (the “Contributions”).


 


NOW THEREFORE BE
IT RESOLVED, that the Chief Executive Officer of the Company, Mr. William H. Gray, be paid a performance bonus by the Company
in the amount of $35,000 in cash in consideration for his Contributions to the Company during the 2019 fiscal year, payable immediately.


 


PERFORMANCE BONUS FOR CHIEF FINANCIAL
OFFICER OF THE COMPANY


 


WHEREAS, Mr.
William H. Gray has proposed that the Chief Financial Officer of the Company, Ms. Donna Ward, receive a performance bonus in the
amount of $2,500 in cash payable immediately, in consideration for her contributions to the Company during the 2019 fiscal year,
including but not limited to assisting with the Company’s development, structure and implementation of its financial reporting
(the “Contributions”).


 


NOW THEREFORE BE
IT RESOLVED, that the Chief Financial Officer of the Company, Ms. Donna Ward, be paid a performance bonus by the Company in
the amount of $2,500 in cash in consideration for her Contributions to the Company during the 2019 fiscal year, payable immediately.


 


RATIFICATION


 


RESOLVED,
that all actions heretofore taken by any officer or director of the Company in connection with or otherwise to facilitate the
matters described in any of the foregoing resolutions be, and they hereby are, approved, ratified and affirmed in all
respects; and


 


RESOLVED, FURTHER,
that the Chief Executive Officer of the Company be, and he hereby is, authorized and empowered on behalf of the Company and in
its name to take or cause to be taken all actions and to execute and deliver all such documents that such officer of the Company
approves as necessary or desirable in connection with the foregoing resolutions, such approval to be conclusively evidenced by
the taking of any such action or the execution and delivery of any such instrument by such officer of the Company.


 


 


 


 






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The foregoing actions are hereby taken by
the Board of Directors by unanimous written consent without a meeting pursuant to the Nevada General Corporation Law.


 


IN WITNESS WHEREOF, this Unanimous
Written Consent has been executed as of the 24th day of April 2020.


 


	/s/ William H. Gray	*	 	/s/ Robert Merola	 
	William H. Gray,	 	 	 Robert Merola, Director 	 
	Chairman of the Board	 	 	 	 
	 	 	 	 	 
	/s/  Mark J. Richardson	 	 	/s/ Donna Ward	*
	Mark J. Richardson, Director 	 	 	Donna Ward, Director	 




 


*Abstains
with respect to this director’s performance bonus.


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 






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