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Blueprint

EXHIBIT 10.1

 

SETTLEMENT AGREEMENT OF ACCRUED WAGES

 

THIS
SETTLEMENT AGREEMENT OF ACCRUED WAGES (this
“Agreement”) is entered into as of the 31st day of
March, 2017, by and between MEDITE Cancer Diagnostics, Inc. (the
“Company”), a Delaware corporation having offices at
4203 SW 34th Street, Orlando,
Florida 32811, and Richard Domanik, who resides at 30908 N. Leesley
Court, Libertyville, Illinois 60048
(“Employee”).

 

 

 

RECITALS

 

A.            

As of the date of
this Agreement, the Company owes Employee certain accrued wages and
vacation.

 

B.            

The Parties desire
to resolve the remaining balance owed to Employee in accordance
with this Agreement.

 

AGREEMENT

 

NOW THEREFORE, the parties hereto agree
as follows:

 

1.            

The Company shall
pay Employee the outstanding balance of accrued wages of $2,884.62
owed Employee for the year 2016 on April 7, 2017.

 

2.            

Employee’s
annual compensation shall be increased to $90,000 commencing on
April 7, 2017. In addition, the Company shall establish a bonus
program by April 30, 2017 whereby Employee shall be entitled to
participate and receive bonuses based on milestones and targets
established by the Company with Employee by April 30,
2017.

 

3.            

Employee shall
execute and deliver a W-4 to the Company for purposes of
withholding taxes in accordance with applicable law.

 

4.            

The Company shall
issue Employee 406,754 warrants exercisable at $.50 per share for a
period of five (5) years from the date of this
Agreement.

 

5.            

The Company shall
make cash payments to Employee in the amounts and on the dates set
forth on Exhibit A attached hereto and incorporated
herein.

 

6.            

The settlement
payments are to include all accrued and unpaid wages, except as
noted above and accrued vacation. Employee shall be entitled to
vacation benefits on a go-forward basis in accordance with the
Company’s established vacation policy.

 

7.            

This Agreement
constitutes the entire agreement between the parties hereto, and
supersedes any and all prior written or verbal agreements between
Employee and the Company.

 

8.            

This Agreement
shall inure to the benefit of, and shall be binding upon, the
successors and assigns of the parties hereto.

 

9.            

This Agreement
shall be governed by, and construed in accordance with, the laws of
the State of Florida without regard to conflict of law
principles.

 

10.            

This Agreement may
be executed in any number of counterparts, each of which shall be
deemed an original, but all of which shall constitute one and the
same instrument, and are of equal validity if delivered
electronically or by fax as if delivered in physical
form.

 

11.            

The effective date
of this Agreement shall be retroactive to December 31,
2016. 

 

 

 

 

 

 

IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the date above-stated.

 

 

“COMPANY”

 

MEDITE
CANCER DIAGNOSTICS, INC., a Delaware corporation

 

By:
/s/David E,
Patterson

     
CEO

 

 

“EMPLOYEE”

 

/s/ Richard
Domanik

 

 

 

 

 

EXHIBIT
A

 

 

	

 Medite Cancer Diagnostics

	

Due to Employees - Richard Dominak

	

3/20/2017

	

Amount due to Employee - Prior Agreement

	

$251,920

	

Stock Issued - 2014 Agreement

	

203,377

	

Proposal

	

CASH

	

To be paid on date of signing revised agreement

	

$39,055.20

	

30 Days from signing agreement

	

 39,055.20

	

60 Days from signing agreement

	

 58,582.81

	

                                                                                                                         $136,693.21

	

Warrants - $0.50 - 5 year term from date of signing
agreement

	

406,754Blueprint

 

 

EXHIBIT
10.2

 

SETTLEMENT AGREEMENT OF ACCRUED WAGES

 

THIS
SETTLEMENT AGREEMENT OF ACCRUED WAGES (this
“Agreement”) is entered into as of the 31st day of
March, 2017, by and between MEDITE Cancer Diagnostics, Inc. (the
“Company”), a Delaware corporation having offices at
4203 SW 34th Street, Orlando,
Florida 32811, and Daniel Kusswurm, who resides at 1140 Appleton
Lane, Geneva, IL 60134 (“Employee”).

 

 

RECITALS

 

A.            

As of the date of
this Agreement, the Company owes Employee certain accrued wages and
vacation benefits.

 

B.            

The Parties desire
to resolve the remaining balance owed to Employee in accordance
with this Agreement.

 

AGREEMENT

 

NOW THEREFORE, the parties hereto agree
as follows:

 

1.            

The Company shall
pay Employee the outstanding balance of accrued wages of $1,442.31
owed Employee for the year 2016 on April 7, 2017.

 

2.            

Employee’s
annual compensation shall be increased to $90,000 commencing on
April 7, 2017. In addition, the Company shall establish a bonus
program by April 30, 2017 whereby Employee shall be entitled to
participate and receive bonuses based on milestones and targets
established by the Company with Employee by April 30,
2017.

 

3.            

Employee shall
execute and deliver a W-4 to the Company for purposes of
withholding taxes in accordance with applicable law.

 

4.            

The Company shall
issue Employee 328,396 warrants exercisable at $.50 per share for a
period of five (5) years from the date of this
Agreement.

 

5.            

The Company shall
make cash payments to Employee in the amounts and on the dates set
forth on Exhibit A attached hereto and incorporated
herein.

 

6.            

The settlement
payments are to include all accrued and unpaid wages, except as
noted above and accrued vacation. Employee shall be entitled to
vacation benefits on a go-forward basis in accordance with the
Company’s established vacation policy.

 

7.            

This Agreement
constitutes the entire agreement between the parties hereto, and
supersedes any and all prior written or verbal agreements between
Employee and the Company.

 

8.            

This Agreement
shall inure to the benefit of, and shall be binding upon, the
successors and assigns of the parties hereto.

 

9.            

This Agreement
shall be governed by, and construed in accordance with, the laws of
the State of Florida without regard to conflict of law
principles.

 

10.            

This Agreement may
be executed in any number of counterparts, each of which shall be
deemed an original, but all of which shall constitute one and the
same instrument, and are of equal validity if delivered
electronically or by fax as if delivered in physical
form.

 

11.            

The effective date
of this Agreement shall be retroactive to December 31,
2016.

 

 

 

 

 

 

 

IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the date above-stated.

 

 

“COMPANY”

 

MEDITE
CANCER DIAGNOSTICS, INC., a Delaware corporation

 

 

By:
/s/ David E.
Patterson

      
CEO

 

“EMPLOYEE”

 

 /s/ Daniel
Kusswurm

 

 

 

 

 

 

EXHIBIT
ABlueprint

 

EXHIBIT 10.3

 

SETTLEMENT
AGREEMENT OF ACCRUED WAGES

 

THIS
SETTLEMENT AGREEMENT OF ACCRUED WAGES (this
“Agreement”) is entered into as of the 31st day of
March, 2017, by and between MEDITE Cancer Diagnostics, Inc. (the
“Company”), a Delaware corporation having offices at
4203 SW 34th Street, Orlando,
Florida 32811, and Michael Jolley, who resides at 34469 N. Circle
Drive, Round Lake, IL 60073 (“Employee”).

 

 

 

RECITALS

 

A.            

As of the date of
this Agreement, the Company owes Employee certain accrued wages and
vacation.

 

B.            

The Parties desire
to resolve the remaining balance owed to Employee in accordance
with this Agreement.

 

AGREEMENT

 

NOW
THEREFORE, the parties hereto agree as follows:

 

1.            

The Company shall
pay Employee the outstanding balance of accrued wages of $2884.62
owed Employee for the year 2016 on April 7, 2017.

 

2.            

Employee’s
annual compensation shall be increased to $90,000 commencing on
April 7, 2017. In addition, the Company shall establish a bonus
program by April 30, 2017 whereby Employee shall be entitled to
participate and receive bonuses based on milestones and targets
established by the Company with Employee by April 30,
2017.

 

3.            

Employee shall
execute and deliver a W-4 to the Company for purposes of
withholding taxes in accordance with applicable law.

 

4.            

The Company shall
issue Employee 294,584 warrants exercisable at $.50 per share for a
period of five (5) years from the date of this
Agreement.

 

5.            

The Company shall
make cash payments to Employee in the amounts and on the dates set
forth on Exhibit A attached hereto and incorporated
herein.

 

6.            

The settlement
payments are to include all accrued and unpaid wages, except as
noted above and accrued vacation. Employee shall be entitled to
vacation benefits on a go-forward basis in accordance with the
Company’s established vacation policy.

 

7.            

This Agreement
constitutes the entire agreement between the parties hereto, and
supersedes any and all prior written or verbal agreements between
Employee and the Company.

 

8.            

This Agreement
shall inure to the benefit of, and shall be binding upon, the
successors and assigns of the parties hereto.

 

9.            

This Agreement
shall be governed by, and construed in accordance with, the laws of
the State of Florida without regard to conflict of law
principles.

 

10.            

This Agreement may
be executed in any number of counterparts, each of which shall be
deemed an original, but all of which shall constitute one and the
same instrument, and are of equal validity if delivered
electronically or by fax as if delivered in physical
form.

 

11.            

The effective date
of this Agreement shall be retroactive to December 31,
2016.

 

 

 

 

 

 

IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the date above-stated.

 

 

 

“COMPANY”

 

MEDITE
CANCER DIAGNOSTICS, INC., a Delaware corporation

 

 

By:
/s/ David E.
Patterson

      
CEO

 

“EMPLOYEE”

 

/s/ Michael
Jolley

 

 

 

 

 

 

EXHIBIT
A

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