Document:

Exhibit 10.14
EXECUTIVE EMPLOYMENT AGREEMENT
This Executive Employment Agreement (“Agreement”) is made effective as of June 6, 2019 (“Effective Date”), by and between Romeo Systems Inc. (“Company”) and Abdul Kader El Srouji (“Executive”).
The parties agree as follows:
1.         Employment.  Company hereby employs Executive, and Executive hereby accepts such employment, upon the terms and conditions set forth herein.
2.         Duties.
2.1.      Position.  Executive is employed as Chief Technology Officer (“CTO”) to lead the company’s technological vision, implement technology strategies, and ensure that the technological resources are aligned with the company’s business needs. Executive shall have the duties and responsibilities assigned by Company’s Board of Directors (“Board”) both upon initial hire and as may be reasonably assigned from time to time.  Executive shall faithfully and diligently perform all duties assigned to Executive.
2.2.      Best Efforts/Full-time.  Executive will expend Executive’s best efforts on behalf of Company and will abide by all applicable policies and decisions made by Company, as well as all applicable federal, state, and local laws, regulations, or ordinances.  Executive will act in the best interest of Company at all times.  Executive shall devote Executive’s full business time and efforts to the performance of Executive’s assigned duties for Company.  Nothing in this Section 2.2 prevents Executive from (i) engaging in additional activities in connection with personal investments and community affairs, (ii) serving as an outside director on the board of directors for up to two (2) organizations that are not competitors of the Company, (iii) serving as an advisor for up to three (3) organizations that are not competitors of the Company, provided that, in each case, such activities are not materially inconsistent with Executive’s duties under this Agreement.
2.3.      Work Location.  Executive’s principal place of work shall be Romeo’s primary location in the Los Angeles area, currently 4380 Ayers Avenue Vernon CA, 90058.
3.         At-Will Employment.  Executive’s employment with Company is at-will and not for any specified period and may be terminated at any time, with or without cause or advance notice, by either Executive or Company on sixty (60) days’ advance written notice.  No representative of Company, other than the Chief Executive Officer, has the authority to alter the at-will employment relationship.  Any change to the at-will employment relationship must be by specific, written agreement signed by Executive and the Company’s Chief Executive Officer.  Nothing in this Agreement is intended to or should be construed to contradict, modify, or alter this at-will relationship.
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4.         Severance.
4.1.      Conditions.  In order to receive the severance benefits contemplated by this section, Executive must satisfy the following Conditions:  (i) Executive executes (and does not revoke) a full and complete general release of all claims that Executive may have against the Company or persons affiliated with the Company in a form provided by the Company without alteration and such release has become effective no later than the 30th day after Executive’s termination (the “Deadline Date”) and (ii) Executive has returned all Company property in Executive’s possession within 10 days following Executive’s termination (“Conditions”).
4.2.      Severance Pay.  In the event of an involuntary separation from service during the term of this Agreement, as defined in Treasury Regulation 1.409A-1(n), by the Company for any reason other than Cause, death or disability (an “Involuntary Separation”), provided Executive complies with the Conditions, the Company shall pay Executive severance pay equal to three (3) months’ salary and the Company will continue to pay health benefits (medical, dental, and vision) for Executive and his dependents for twelve (12) months after termination or until Executive notifies Company he no longer needs or wants continued health benefits from the Company (COBRA coverage).  Executive agrees to notify the Company within three (3) calendar days of determining COBRA coverage is unnecessary.
4.3.      Cause.  For all purposes under this Agreement, “Cause” shall mean:
4.3.1.   any material breach by Executive of any material written agreement between Executive and the Company and Executive’s failure to cure such breach within 30 days after receiving written notice thereof;
4.3.2.   any material failure by Executive to comply with the Company’s material written policies or rules as they may be in effect from time to time;
4.3.3.   gross negligence or willful misconduct in connection with the performance of the Executive’s duties;
4.3.4.   Executive’s repeated failure to follow reasonable and lawful instructions from the Board or Chief Executive Officer and Executive’s failure to cure such condition within 30 days after receiving written notice thereof;
4.3.5.   Executive’s conviction of, or plea of guilty or nolo contendere to, any crime that results in, or is reasonably expected to result in, material harm to the business or reputation of the Company;
4.3.6.   Executive’s commission of or participation in an act of fraud against the Company;
4.3.7.   Executive’s intentional material damage to the Company’s business, property or reputation; or
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4.3.8.   Executive’s unauthorized use or disclosure of any proprietary information or trade secrets of the Company or any other party to whom Executive owes an obligation of nondisclosure as a result of Executive’s relationship with the Company.
For purposes of clarity, a termination without “Cause” does not include any termination that occurs as a result of Executive’s death or disability.  The foregoing definition does not in any way limit the Company’s ability to terminate Executive’s employment or consulting relationship at any time.
5.         Compensation.
5.1.      Base Salary.  As compensation for Executive’s performance of Executive’s duties hereunder, Company shall pay to Executive an initial base salary of $250,000 per year, less required deductions for state and federal withholding tax, social security, and all other employment taxes and payroll deductions, payable in accordance with the normal payroll practices of Company (but no less than monthly).  Executive’s salary will be adjusted retroactively to the Effective Date of this Agreement in the event Agreement is executed following such Effective Date.
5.2.      Stock.
5.2.1.   In conjunction with his promotion to CTO, Executive has been granted additional options to purchase an aggregate of 6,000,000 shares of the Company’s Class A common stock (collectively, the “Options”) under the terms of the Company’s 2016 Stock Plan (the “Plan”).    Specific details regarding the exercise price and the vesting schedule are set forth in Executive’s stock option agreements granted on October 30, 2019, and March 26, 2020.
5.2.3.   In the event of a Change of Control (as defined in the Plan) and irrespective of whether the Options are being assumed, substituted, exchange or terminated in connection with the Change of Control, the vesting and exercisability of the Options shall accelerate such that the Options shall become vested and exercisable as to 100% of the then unvested shares subject to the Options, effective as of immediately prior to the consummation of the Change of Control.  In addition, unless terminated for Cause (as defined in the Plan), Executive may exercise any vested shares subject to the Options for 12 months after the Executive’s termination date of service, but in no event later than the 10-year term/expiration date of the applicable Option.  Further, Executive may pay the exercise price of the Options by either (i) cash or check, (ii) promissory note on a form prescribed by the Company with a 2-year term or (iii) by Cashless Exercise (as defined in the Plan).
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5.3.      Performance and Salary Review.  The Board will periodically review Executive’s performance on no less than an annual basis.  Adjustments to salary or other compensation, if any, will be made by the Board in its sole and absolute discretion.
5.4.      Terms Subject to Compensation Committee Approval.  All terms of this Section 5 are subject to review, approval, and change by the Compensation Committee of the Company’s Board of Directors.
6.         Customary Fringe Benefits.  Executive will be eligible for all customary and usual fringe benefits generally available to Executives of Company subject to the terms and conditions of Company’s benefit plan documents.  To the extent Executive and Executive’s dependents are Medicare eligible and elect not to participate in Company’s group healthcare coverage, Company agrees to pay the premiums for the Medicare and supplemental coverage for Executive and Executive’s dependents, as applicable.  Company reserves the right to change or eliminate the fringe benefits and the benefit payment on a prospective basis, at any time, effective upon notice to Executive provided that Executive is treated no worse than any other Company executive.
7.         Business Expenses.  Executive will be reimbursed for all reasonable, out-of- pocket business expenses incurred in the performance of Executive’s duties on behalf of Company.  To obtain reimbursement, expenses must be submitted promptly with appropriate supporting documentation and will be reimbursed in accordance with Company’s policies.  Any reimbursement Executive is entitled to receive shall (a) be paid no later than 30 days following submission for reimbursement, (b) not be affected by any other expenses that are eligible for reimbursement in any tax year, and (c) not be subject to liquidation or exchange for another benefit.
8.         Travel Expenses.  Company agrees to cover the costs of Executive’s airfare, ground transportation, hotel accommodations, and other expenses related to business travel which shall otherwise comply with Company’s travel expense policy.
9.         No Conflict of Interest.  During the term of Executive’s employment with Company, Executive must not engage in any work, paid or unpaid, or other activities that create a conflict of interest (subject to any other activities permitted by Executive pursuant to Section 2.2).  Such work and/or activities shall include, but is not limited to, directly or indirectly competing with Company in any way, or acting as an officer, director, employee, consultant, stockholder, volunteer, lender, or agent of any business enterprise of the same nature as, or which is in direct competition with, the business in which Company is now engaged or in which Company becomes engaged during the term of Executive’s employment with Company, as may be determined by the Board in its sole discretion.  If the Board believes such a conflict exists during the term of this Agreement, the Board may ask Executive to choose to discontinue the other work and/or activities or resign employment with Company within a reasonable period of time after notice.
10.       Confidentiality and Proprietary Rights.  As a condition of employment, Executive agrees to read, sign and abide by Company’s CONFIDENTIAL INFORMATION AND
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INVENTION ASSIGNMENT AGREEMENT, which is provided with this Agreement and incorporated herein by reference.
11.       Arbitration.  To ensure rapid and economical resolution of any disputes regarding this Agreement, you and the Company agree that any and all claims, disputes or controversies of any nature whatsoever arising out of, or relating to, this Agreement, or its interpretation, enforcement, breach, performance or execution, shall be resolved by final, binding and confidential arbitration in Los Angeles, CA conducted under the Judicial Arbitration and Mediation Service (JAMS) Streamlined Arbitration Rules & Procedures, which can be reviewed at http://www.jamsadr.com/rules-streamlined-arbitration/.  You and the Company each acknowledge that by agreeing to this arbitration procedure, you and the Company waive the right to resolve any such dispute, claim or demand through a trial by jury or judge or by administrative proceeding.  The arbitrator, and not a court, shall also be authorized to determine whether the provisions of this paragraph apply to a dispute, controversy, or claim sought to be resolved in accordance with these arbitration procedures.  The arbitrator may in his or her discretion award attorneys’ fees to the prevailing party.  All claims, disputes, or controversies subject to arbitration as set forth in this paragraph must be submitted to arbitration on an individual basis and not as a representative, class and/or collective action proceeding on behalf of other individuals.  Claims will be governed by applicable statutes of limitations.  This arbitration agreement does not cover any action seeking only emergency, temporary or preliminary injunctive relief (including a temporary restraining order) in a court of competent jurisdiction in accordance with applicable law.  Moreover, nothing in this arbitration agreement prohibits or restricts Executive from communicating with, filing an administrative claim or charge with, or providing testimony to any governmental entity about any actual or potential violation of law.  This arbitration agreement shall be construed and interpreted in accordance with the Federal Arbitration Act.
12.       General Provisions.
12.1.    Successors and Assigns.  The rights and obligations of Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of Company.  Executive shall not be entitled to assign any of Executive’s rights or obligations under this Agreement.
12.2.    Waiver.  Either party’s failure to enforce any provision of this Agreement shall not in any way be construed as a waiver of any such provision or prevent that party thereafter from enforcing each and every other provision of this Agreement.
12.3.    Attorneys’ Fees.  Each side will bear its own attorneys’ fees in any dispute unless a statutory section at issue, if any, authorizes the award of attorneys’ fees to the prevailing party.
12.4.    Severability.  In the event any provision of this Agreement is found to be unenforceable by an arbitrator or court of competent jurisdiction, such provision shall be deemed modified to the extent necessary to allow enforceability of the provision as so limited, it being intended that the parties shall receive the benefit
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contemplated herein to the fullest extent permitted by law.  If a deemed modification is not satisfactory in the judgment of such arbitrator or court, the unenforceable provision shall be deemed deleted, and the validity and enforceability of the remaining provisions shall not be affected thereby.
12.5.    Interpretation; Construction.  The headings set forth in this Agreement are for convenience only and shall not be used in interpreting this Agreement.  This Agreement has been drafted by legal counsel representing Company, but Executive has participated in the negotiation of its terms.  Furthermore, Executive acknowledges that Executive has had an opportunity to review and revise the Agreement and have it reviewed by legal counsel, if desired, and, therefore, the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement.
12.6.    Governing Law.  This Agreement will be governed by and construed in accordance with the laws of the United States and the State of California.
13.       Entire Agreement.  This Agreement, including the Company’s CONFIDENTIAL INFORMATION AND INVENTION ASSIGNMENT AGREEMENT incorporated herein by reference and the Plan and related option documents described in subsection 5.2 of this Agreement, constitutes the entire agreement between the parties relating to this subject matter and supersedes all prior or simultaneous representations, discussions, negotiations, and agreements, whether written or oral.
14.       Amendment.  This agreement may be amended or modified only with the written consent of Executive and an authorized representative or designee of the Board of Directors of Company.  No oral waiver, amendment, or modification will be effective under any circumstances whatsoever.
15.       THE PARTIES TO THIS AGREEMENT HAVE READ THE FOREGOING AGREEMENT AND FULLY UNDERSTAND EACH AND EVERY PROVISION CONTAINED HEREIN.  WHEREFORE, THE PARTIES HAVE EXECUTED THIS AGREEMENT ON THE DATES SHOWN BELOW.
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	Dated:     4/30/2020
	/s/ Abdul Kader El Srouji

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	Abdul Kader El Srouji

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	Romeo Systems, Inc.

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	Dated:     4/30/2020
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	/s/ Michael Patterson

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	Michael Patterson

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	Chief Executive Officer

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Exhibit 10.15
EMPLOYMENT AGREEMENT
This Employment Agreement (this “Agreement”), dated August 7, 2020, is entered into by and between Romeo Systems, Inc., a Delaware corporation (the “Company”), and Michael Patterson (“Executive”).  For valuable consideration, the Company and Executive agree as set forth below.
1.Term of Agreement, Employment Status, and Duties.
1.1Term of Agreement.  The employment of Executive under this Agreement will commence on August 7, 2020 (the “Effective Date”) and will continue until terminated in accordance with Section 4.
1.2Employment Status.  Executive acknowledges and agrees that Executive is an “at-will” employee, and that, as such, the Company may terminate Executive’s employment at any time for any or no reason, and with or without advance notice, and with the consequences, if any, set forth in Section 4.  Executive acknowledges and agrees that his at-will employment status only may be modified by a written agreement signed by the Executive and the Board of Directors of the Company (the “Board”) that specifically provides it is modifying this at-will relationship.  For the avoidance of doubt, any Board approval discusses herein will require Executive to abstain from voting and a majority of the Board must so approve.
1.3Title and Duties.  The Company agrees to employ Executive and Executive accepts employment as Founder, Chief Executive Officer and Chairman of the Board.  Executive will perform all duties normally associated with such position and or such other duties as may be assigned from time to time during the term of this Agreement.  Executive shall report to the Board or its designee.  During the term of this Agreement, Executive agrees to devote his full business time, attention, efforts, and energies in performance of his duties and responsibilities hereunder and to use Executive’s best efforts, skill and abilities to promote the interests of the Company and to perform Executive’s duties in accordance with the policies and practices established from time to time by the Company for the benefit of the Company.  Executive may continue to participate in such civic and charitable activities as he was performing as of June 1, 2020.  Any additional professional commitments must be discussed and approved by the Board.  Compensation in any form from any source other than the Company must be disclosed immediately to the Board.  Any such compensation may result in a decrease in salary and/or bonus payments, at the discretion of the Board.  If such compensation is not in the form of cash, the Board will have the right to assign a value to such consideration.  Executive’s primary place of employment will be in the greater Los Angeles, California area.
2.Compensation and Benefits.  Compensation shall be paid as follows:
2.1Base Salary: Executive will be paid, starting January 1, 2021, an initial Base Salary of three hundred thousand dollars ($300,000) per year to be paid in accordance with the Company’s standard payroll practices as in effect from time to time.  Executive’s Base Salary shall be subject to periodic review and adjustment annually, but no later than the first anniversary of the Effective Date.
2.2Discretionary Annual Bonus: Executive may receive a discretionary annual bonus up to four hundred thousand dollars ($400,000) (“Target Bonus”), as determined by the Board in its sole discretion, taking into account the Executive’s performance and the performance of the Company.  In advance of each calendar year, the Board (or the Compensation Committee as so delegated) will discuss and consult with Executive to develop the criteria for the Target Bonus.  The criteria may include cash balance and operating cash flow hurdles below which no bonus is payable.  The criteria and the final assessment of achievement must be approved by the Board.  Target Bonus payment will be made in the
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first quarter of the subsequent calendar year and will be made, if at all, in cash or stock of the Company or a combination thereof, as determined by the Board in its sole discretion.
2.3Stock Option Award:  Concurrent herewith the Company will grant Executive a Stock Option Award Agreement providing the opportunity for Executive to purchase common stock in the Company, subject to certain terms and conditions as detailed in Exhibit A.
2.4Benefits: Executive will be eligible to participate at all times during the term of this Agreement in all of the Company’s standard life, health, dental, vision, and disability benefit plans as well as vacation plans that are offered to all similarly situated Company executives from time to time, subject to the terms and conditions of such plans.  Executive acknowledges and agrees that the Company may amend or terminate any such plans from time to time.  Executive will also be provided first class travel for so long as the Board allows.  Travel expenses will be reviewed, and the Board reserves the right to change this travel benefit or any other benefit at any time for any reason (any changes to this travel benefit by the Board or any other benefits, whether via an acquisition, merger, initial public offering, special purpose acquisition company transaction or otherwise shall not constitute constructive termination or Good Reason).
2.5Reimbursement of Expenses.  While employed by the Company, the Company will reimburse Executive for all reasonable, customary, and documented out-of-pocket business expenses incurred in performing the services contemplated by this Agreement, in accordance with the Company’s policies and practices as in effect from time to time.  Requests for reimbursement must be in writing and accompanied by appropriate supporting documentation, in accordance with the expense reimbursement policies and practices of the Company as in effect from time to time.  Reimbursement of expenses to include reimbursement of attorney’s fees for negotiation and documentation of this Agreement and any exhibits hereto, up to a cap of $15,000.
3.Continuing Obligations and Other Terms and Conditions of Employment.  To protect the Company’s trade secrets and other business assets, Executive is entering into the Employee Confidentiality and Invention Assignment Agreement in the form attached as Exhibit B concurrently herewith.  Executive agrees that he shall receive the severance or other benefits set forth in Section 4, if he otherwise qualifies for such benefits, only to the extent that, from the Effective Date through the end of the Severance Period, Executive does not materially breach the Employee Confidentiality and Invention Assignment Agreement.
4.Termination and Severance.  This Agreement and Executive’s employment may be terminated as follows.
4.1Termination without Cause or Resignation for Good Reason.  In the event that the Company terminates this Agreement and Executive’s employment other than for Cause (as defined below) or Executive resigns for Good Reason (as defined below), then Executive shall be paid “Base Severance” in an amount equal to twelve (12) months of Base Salary, as adjusted pursuant to Sections 1.3 and 2.1, if at all.  This Base Severance shall be paid in the form of salary continuation, commencing sixty (60) days after termination, provided however, that the first sixty (60) days of Base Severance shall be paid in a lump sum on the sixty fifth (65th) day after termination.  The period from the Executive’s termination of employment until the last payment of salary continuation is the “Severance Period”).
To be eligible for any payments provided in Section 4.1 above or Section 4.2 below, Executive must execute, deliver and allow to become irrevocable a full and complete release of any and all claims in the form prescribed by the Company (“Release”).  The Release must be executed, and all revocation periods must have expired, within sixty (60) days after Executive’s date of termination, failing which Executive
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shall have no rights to any payments or benefits otherwise provided in Section 4.1.  Any payments otherwise scheduled to be made prior to the end of such sixty (60)-day period shall be made on the Company’s first regular payroll date following the end of such sixty (60)-day period.  Each payment provided in clauses (a) and (b) above, including, without limitation, each installment payment, shall be considered a separate payment, as described in Treasury Regulations Section 1.409A-2(b)(2), for purposes of Section 409A of the Internal Revenue Code (“Section 409A”).  In addition, if the Executive is a “specified employee” within the meaning of Section 409A at the time of his separation from service from the Company within the meaning of Section 409A (a “Separation from Service”), then any payment otherwise required to be made to him under this Agreement on account of his separation from service, including any severance, to the extent such payment (after taking in to account all exclusions applicable to such payment under Section 409A) is properly treated as deferred compensation subject to Section 409A, such payment shall not be made until the first business day after (i) the expiration of six months from the date of the Executive’s separation from service, or (ii) if earlier, the date of the Executive’s death (the “Delayed Payment Date”).  On the Delayed Payment Date, there shall be paid to the Executive or, if the Executive has died, to the Executive’s estate, in a single cash lump sum, an amount equal to the aggregate amount of the payments delayed pursuant to the preceding sentence.
For the purposes of this Agreement, “Good Reason” means the occurrence of any of the following without the consent of Executive: (A) a material reduction of the Executive’s annual Base Salary without a comparable reduction of the base salaries of similarly-situated executives of the Company, or (B) the relocation of the Executive’s workplace to more than fifty (50) miles from the place at which the Executive was assigned to principally perform services immediately prior to the relocation; provided, however, that the Executive must, within thirty (30) days after Executive’s receipt of notice of any of the foregoing events, notify the Company in writing of his intention to terminate his employment on account of such event(s) in accordance with this Section 4.1 of this Agreement, and the Company shall have thirty (30) days from receipt of such written notice to cure the Good Reason condition (which, in the event of clause (A) of this definition, must be retroactive to the date of the applicable reduction to constitute a cure).  For the avoidance of doubt, the definition of “Good Reason” does not include: (i) removal as Chairman of the Board; (ii) transition to a different role as a result of an acquisition, merger, initial public offering or special purpose acquisition company transaction if the sum of annual Base Salary and bonus target potential does not decrease by more than 15%; and (iii) any action taken pursuant to Section 14 of that certain Stock Option Agreement, attached as part of Exhibit A.
4.2Termination for Cause.  In the event the Company terminates this Agreement and Executive’s employment for Cause, Executive shall not be entitled to any severance pay.  For the purposes of this Agreement, “Cause” means that the Board has determined in good faith that: (i) Executive has materially failed to perform Executive’s responsibilities or duties to the Company, after written demand for performance has been given to Executive and, if reasonably susceptible of cure, has not been cured for a period of ten (10) days after such written demand for performance; provided, however, Executive shall not be entitled to more than one such cure notice (and being absent for three (3) days without advance or concurrent notice shall be deemed incurable Cause); (ii) Executive has engaged in illegal conduct or gross misconduct in connection with his employment; (iii) Executive commits, is convicted of, or pleads guilty or nolo contendere to, a felony, a crime involving moral turpitude; (iv) Executive materially breaches Executive’s duty of loyalty to the Company or a material Company policy; (v) Executive has engaged in dishonesty, fraud, gross negligence or repetitive negligence in the course of discharging Executive’s duties to the Company; or (vi) Executive’s continued employment with the Company has harmed or could reasonably be expected to harm the Company as the result of (a) any action, complaint, or charge by, or settlement or consent with, any governmental, regulatory, or self-regulatory organization, regardless of when such action, complaint, charge, settlement or consent occurred or (b) any facts or allegations underlying any such matter.  If Executive’s employment terminates at a time when the Company could
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have terminated the Executive for Cause had it known all of the relevant facts and circumstances, Executive’s termination shall be treated as having been for Cause.
4.3Termination by Executive, Death, or Disability.  Executive may terminate this Agreement and Executive’s employment at any time without Good Reason.  Furthermore, Executive’s death will terminate this Agreement and Executive’s employment.  At any time the Executive has a Disability, the Company may terminate this Agreement and Executive’s employment.  “Disability” shall mean that Executive is rendered incapable of performing his essential job functions for at least ninety (90) consecutive days or one hundred twenty (120) days in any three hundred sixty five (365)-day period or is likely to be incapable of doing so, as determined by a physician selected by Company who is reasonably acceptable to Executive.  In the event Executive’s employment terminates under this Section 4.3, Executive shall not be entitled to any severance pay unless Executive resigns for Good Reason and Executive is entitled to severance under Section 4.1.  For the sake of clarity, nothing in this Section 4.3 shall affect any entitlement Executive has to life and disability insurance benefits.
Executive’s transfer to a Company affiliate, parent, subsidiary, or successor, regardless of whether Executive accepts such transfer, shall not be deemed a termination of this Agreement.
5.Additional Payments on Termination of Employment.  Regardless for the reason for Executive’s termination of employment, Executive (or his estate) shall be entitled to receive all earned and unpaid Base Salary and reimbursable business expenses, all as earned and accrued through the date of termination.
6.Resignation from all Positions.  If Executive’s employment with the Company terminates for any reason or if the Board decides Executive should no longer serve as Chairman of the Board and/as a Board member, Executive shall be deemed to have immediately resigned from all officer, director, or other positions that Executive may have held with the Company and its affiliates.  If, for any reason, the foregoing is insufficient to effectuate such resignation and the Company is unable to secure the Executive’s signature on any document needed in connection with such purposes, the Executive hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as the Executive’s agent and attorney in fact, which appointment is coupled with an interest, to act on the Executive’s behalf to execute and file any such documents and to do all other lawfully permitted acts to further such purposes with the same legal force and effect as if executed or done by the Executive.
7.General Provisions.
7.1Board Determinations.  Executive shall recuse himself from any determination or approval to be made by the Board or any committee thereof under or with respect to this Agreement and any such determination or approval shall require a majority of the other Board or committee members.
7.2Termination of Employment.  “Termination of employment,” “employment termination” and other phrases of similar import refer to a Separation from Service.
7.3Taxes.  Executive shall be responsible for any and all tax obligations imposed on him relating to any and all payments to the Executive contemplated by this Agreement.  The Company may withhold from any amounts otherwise payable under this Agreement all federal, state, city or other taxes, as the Company reasonably believes it is required to withhold pursuant to any applicable law, rule, or regulation, with such withheld amounts being treated as having been paid to Executive for all purposes under this Agreement.
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7.4Amendments and Waivers.  No provision of this Agreement may be modified, waived, or discharged except by a written document signed by the Board and Executive.  A waiver of any provision of this Agreement in a given instance shall not be deemed a waiver of such provision at any other time.
7.5Governing Law.  The laws of the State of California (excluding any law mandating the use of another jurisdiction’s laws) shall govern the validity, interpretation, construction, and performance of this Agreement.
7.6Successors; Assignment.  This Agreement shall bind and inure to the benefit of Executive and his estate.  Executive may not assign or pledge this Agreement or any of his rights arising hereunder.  The Company may, without Executive’s consent, assign this Agreement or any of its rights, benefits or obligations hereunder to any parent, affiliate, subsidiary or successor of the Company that agrees in writing to be bound by this Agreement, after which any reference to the Company in this Agreement shall be deemed to be a reference to such parent, affiliate, subsidiary or successor, as applicable, and the Company thereafter shall have no further responsibility or liability under this Agreement.
7.7Counterparts.  This Agreement may be executed in multiple counterparts (including facsimiles thereof), all of which, taken together, all of which shall be deemed to collectively comprise an original.
7.8Entire Agreement.  All oral or written agreements or representations express or implied, with respect to the subject matter hereof are set forth in this Agreement and the benefit plans specifically referred to herein, which accordingly supersedes any and all prior oral or written agreements and representations with respect to the subject matter thereof.
7.9Notices.  Any notice required or permitted by this Agreement shall be in writing and shall be delivered as follows with notice deemed given as indicated: (a) by personal delivery, when delivered personally; (b) by overnight courier, upon written verification of receipt; (c) by facsimile transmission, upon acknowledgment of receipt of facsimile transmission; or (d) by certified or registered mail with return receipt requested, upon verification of receipt.  Notice shall be sent to the address set forth below (if not personally delivered), or such other address as either party may specify in a writing delivered in accordance with this section:
To Executive:Michael Patterson
554 Muskingum Ave.
Pacific Palisades, CA 90272
310-889-8577
mwp@romeopower.com
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To Company:Lauren Webb, CFO
4380 Ayers Ave.
Vernon, CA 90058
310-383-8185
lauren@romeopower.com
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7.10Severability.  In the event any provision of this Agreement is found to be unenforceable by an arbitrator or court of competent jurisdiction, such provision shall be deemed modified to the extent necessary to allow enforceability of the provision as so limited, it being intended that the parties shall receive the benefit contemplated herein to the fullest extent permitted by law.  If a deemed modification is not satisfactory in the judgment of such arbitrator or court, the unenforceable provision shall
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be deemed deleted, and the validity and enforceability of the remaining provisions shall not be affected thereby.  Notwithstanding the foregoing, if Section 3 is modified or deleted or otherwise found to be unenforceable by an arbitrator or a court of competent jurisdiction, the parties agree that the Company shall have no obligation to make any payment under Section 4 and further agree that this Section 7.11 is not severable or subject to modification.
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IN WITNESS WHEREOF, the parties have executed this Agreement as indicated below.
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	Dated:  8/12/2020
	    
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	ROMEO SYSTEMS, INC.

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	By:
	/s/ Lauren Webb
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	Name: Lauren Webb

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	Title: Chief Financial Officer

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	Dated:  8/12/2020
	​
	EXECUTIVE:

	​
	​
	​

	​
	​
	/s/ Michael Patterson  
	​

	​
	​
	Michael Patterson

​
​
​

​

​

Exhibit A
STOCK OPTION AWARD AGREEMENT
(See attached)
​
​

A-1

​

Exhibit B
EMPLOYEE CONFIDENTIALITY AND INVENTION ASSIGNMENT AGREEMENT
(See attached)

​

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00315-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00315-of-00352.parquet"}]]