Document:

EX-10.16

 Exhibit 10.16 

 

			
	

	  	

 BY EMAIL 
 ELLIOT
CAPNER 

⬛⬛⬛⬛⬛
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DATE September 9, 2019 
 Dear Elliot, 

We are pleased to offer you employment with F45 Training Incorporated (Company) on the terms and conditions set forth in this letter agreement
(Agreement), with an expected start date of 1 September, 2019. This offer of employment is contingent on your satisfactory completion of the contingencies set forth in this Agreement, and you should not take any significant steps, such
as relocating or quitting your current job, until we notify you that all contingencies have been satisfied. 
  

	1.	 Position and Work Location 

 

	(a)	 Your job title and position will be Chief Commercial Officer (Position), a full time, exempt position.
Your primary responsibilities include, but are not limited to, the duties listed on the Schedule to this Agreement. You will report to Adam Gilchrist, CEO (Supervisor). 

 

	(b)	 Your primary work location will be our office in El Segundo, California, but you will be required to travel
from time to time in furtherance of your duties and responsibilities. The Company may change your assigned work location in its discretion and in accordance with its business needs. The Company may also modify your Position, job title, Supervisor,
duties, and responsibilities from time to time as it deems necessary. 

  

	(c)	 You will be expected to devote your full energy and efforts to your work for the Company and its business
activities. Outside work that creates a conflict of interest, that interferes with your ability to perform your duties, or that conflicts with your obligations to the Company is not permitted. If you have other employment now, or if you obtain other
employment while working for the Company, you should disclose such employment to us so that we may evaluate whether it presents a conflict of interest with your Position. 

	2.	 At Will Employment 

Your employment with the Company is and shall at all times be “at-will,” meaning that your employment is not
guaranteed for any specified time period, and either the Company or you may terminate the employment relationship at any time and for any reason, with or without cause, and with or without notice. The Company may modify your job title, work
location, duties and responsibilities from time to time as it deems necessary. The at-will nature of your employment cannot be changed except through a writing signed by both you and the Company’s Chief
Executive Officer.  
  

	3.	 Duties 

At all times during your employment, you must: 
  

	(a)	 Faithfully and diligently perform the duties assigned to you with reasonable care and skill and in a manner
consistent with your Position; 

  

	(b)	 Comply with all lawful and reasonable directions given to you by your Supervisor and the Company;

  

	(c)	 Act in the Company’s best interests, and promote those interests for the Company’s benefit;

  

	(d)	 Maintain all Company property provided to you, including promotional material, in good order;

  

	(e)	 Comply with all Company rules, policies, and procedures, including the Company’s Code of Ethics and
Business Conduct; and 

  

	(f)	 Comply with all laws and regulations applicable to your Position. 

 

	4.	 Compensation and Work Hours 

 

	(a)	 Your starting annual base salary (Salary) is listed in the attached Schedule. The Company has a
merit-based compensation system, and your Salary normally will be reviewed, and may be increased or decreased, annually in the Company’s sole discretion. 

 

	(b)	 Salaries are paid on a semi-monthly basis on or about the
1st and 15th day of each month. 

  

	(c)	 Your work hours will be the Company’s normal business hours unless your Supervisor specifies another work
schedule. As an exempt employee, your Salary compensates you for all hours worked, and you will not be eligible for overtime or additional compensation for work beyond your normal schedule. 

 

	(d)	 The Company shall withhold federal, state and local income, employment, or other taxes as required by
applicable law from all compensation or benefits paid to you. You understand that the Company does not have a duty to design its compensation policies in a manner that minimizes your tax liabilities, and you agree that you will not make any claim
against the Company related to tax liabilities arising from your employment arrangement and/or compensation. 

  

	5.	 Company Benefits 

The Company currently maintains medical, dental and vision employee benefit plans. During your employment, you will be eligible to participate in the employee
benefit and insurance plans maintained by the Company for similarly situated employees, subject to the terms and conditions of the plans, as in effect from time to time. You also will be eligible to receive certain perquisites offered by the Company
to employees. Please note that the Company’s employee perquisites and benefit plans are subject to change or discontinuation and that your participation in each plan is governed by the specific terms of the plan. 

	6.	 Paid Leave 

  

	(a)	 Vacation Leave. You shall be eligible to accrue paid vacation in accordance with the Company’s paid
vacation policy, subject to the maximum accrual caps and other restrictions set forth in the policy. Vacations should be scheduled with your Supervisor as far in advance as possible, and the Company reserves the right to deny or reschedule vacation
in order to meet its business needs. The Company may cancel or suspend the vacation policy in its discretion. 

  

	(b)	 Paid Holidays. You will be eligible for paid public holidays announced by the Company in advance,
subject to adjustment from time to time in the Company’s discretion. 

  

	(c)	 Paid Sick Leave and Unpaid Leave. You will be eligible to earn of paid sick leave in accordance with the
Company’s paid sick leave policy and applicable law. Unused sick leave will not be paid out upon termination of employment and may not be used until after the completion of ninety (90) days of employment. The Company reserves the right to
request verification from your health care provider to confirm the need for sick leave, as allowed by law. You will also be eligible for any unpaid leave required by law. 

 

	7.	 Expense Reimbursement 

Subject to the submission of expense reports adequate to substantiate the Company’s federal income tax deductions for expenses under the Internal Revenue
Code, and according to such expense report procedures as may be established by the Company, the Company shall reimburse you for reasonable business expenses that you incur in the performance of your duties. 

 

	8.	 Confidentiality and Intellectual Property 

As a condition of your employment with the Company, you must read, agree to, and sign the Proprietary Information and Inventions Agreement (PIIA)
enclosed with this letter. You will be expected to comply, at all times and under all circumstances, both during and after your employment, with the obligations set forth in the PIIA. 

 

	9.	 Arbitration and Dispute Resolution 

 

	(a)	 As a condition of your employment with the Company, you must read, agree to, and sign the Mutual Arbitration
Agreement (Arbitration Agreement) enclosed with this letter. By entering into the Arbitration Agreement with the Company, you are agreeing that all disputes between you and the Company will be resolved through mandatory, binding arbitration
as outlined in the Arbitration Agreement, and you are waiving your right to sue the Company in court, as well as your right to a jury trial. 

  

	(b)	 If the Arbitration Agreement is, for any reason, invalidated or deemed unenforceable, then you and the Company
agree and irrevocably submit to the exclusive jurisdiction and venue of the federal and state courts located in Los Angeles, California in any legal suit, action or proceeding arising out of or based upon your application for employment with the
Company, any offer of employment made to you by the Company, your employment by the Company, the breach of any employment agreement, the termination of your employment with the Company, or any other aspect of your relationship with the Company,
including claims you may have against the Company or against its officers, directors, supervisors, managers, employees, or agents in their capacity as such or otherwise, or claims that the Company may have against you. 

	(c)	 This Agreement shall be construed, governed by and enforced in accordance with the laws of the State of
California, without regard to its conflicts of law principles. 

  

	10.	 Employment Verification. 

This offer of employment is made subject to you having the legal right to work in the United States. The Company is required by federal law to document that
each new employee (both citizen and non-citizen) is legally authorized to work. Therefore, all employees must complete Section 1 of Form I-9 on their first day of
employment and must thereafter provide proof of their identity and eligibility to work in the United States within three (3) business days from their start date. The types of documents that can be used to establish identity and employment
eligibility are listed on Form I-9.  
  

	11.	 Consent to Use of Name or Likeness. 

The Company shall have the right (but not the obligation) to use, publish and broadcast your name, likeness and biographical information to advertise,
publicize and promote the business of the Company and of its affiliates. 
  

	12.	 Return of Company Property 

You agree that, following the termination of your employment for any reason or at any time earlier upon request of the Company, you shall immediately and
without request return all Company property in your possession, including, but not limited to, documents, contracts, agreements, plans, photographs, books, notes, electronically stored data and all copies of the foregoing, as well as any automobile
or other materials or equipment supplied by the Company to you. 
  

	13.	 Other Terms 

  

	(a)	 No Breach of Duty. You represent that: 

 

	 	(i)	 your performance of this Agreement and as an employee of the Company does not and will not breach any agreement
or duty to keep in confidence proprietary information acquired by you in confidence or in trust prior to employment with the Company; 

  

	 	(ii)	 you have not and will not enter into any agreement either written or oral in conflict with this Agreement; and

  

	 	(iii)	 you are not presently restricted from being employed by the Company or entering into this Agreement.

  

	(b)	 Severability. If any term, provision, covenant or condition of this Agreement is held to be invalid,
void, or unenforceable, the remainder of the provisions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated thereby. 

 

	(c)	 Survival. Sections 8 and 9 shall survive the termination of this Agreement. 

 

	(d)	 Entire Agreement; Amendments; Waiver. The terms of employment set forth in this Agreement replace and
supersede all prior agreements, understandings, promises or contracts between you and the Company regarding your employment, including without limitation any prior offer letters, employment agreements, emails or letters to you from Company
representatives that predate this letter. This Agreement, the Arbitration Agreement, and the PIIA contain the entire agreement between you and 

	 	the Company concerning the terms and conditions of employment and replaces, supersedes, and cancels all prior agreements, commitments, and understandings, whether spoken or written, that the Company may have made in
connection with your employment. No commitments affecting the terms of your employment or altering your employment status are binding on the Company unless contained in a writing signed by both you and the Company’s Chief Executive Officer. You
also acknowledge that the agreement concerning the terms of your employment set forth in this Agreement is intended as written, and that no marginal notations or other revisions to this Agreement, the Arbitration Agreement, or the PIIA, are binding
on the Company unless the Company’s Chief Executive Officer expressly consents in writing to the revision. You acknowledge that in deciding to accept employment with the Company, you have not relied on any promises, commitments, statements or
representations, whether spoken or in writing, made to you by any Company representative, except for what is expressly stated in this Agreement, the Arbitration Agreement, and the Confidential Information Agreement. 

 

	(e)	 The Company’s failure to enforce any term or breach of this Agreement shall not constitute a waiver of its
rights to subsequently enforce that or any other term or breach of this Agreement. 

  

	14.	 Formal Acceptance 

Please indicate your formal acceptance of these Terms by signing, dating and returning to the undersigned the enclosed duplicate copy. 

We take this opportunity to welcome you to the Company and to wish you every future success. 

 

	
	Yours sincerely,
	
	 /s/ Adam Gilchrist

	Adam Gilchrist
	 Chief Executive Officer
 F45 Training
Incorporated

 I, Elliot Capner accept employment with F45 Training Incorporated on the terms and conditions set out in these Terms.

  

									
	Signature:	 	 /s/ Elliot Capner
	 		 	Date:	 	10 September 2019
		 	Elliot Capner	 		 		 	

 Schedule 
  

			
	Supervisor	  	Your supervisor will be Adam Gilchrist and any other person nominated by them from time to time.
		
	Start Date	  	1 Sept 2019
		
	Salary	  	 Base Salary
 $250,000 per annum paid in equal
semimonthly installments.

		
	Responsibilities	  	The Chief Commercial Officer will be responsible for driving business and commercial value and for F45 globally. In particular, driving the key projects and expansion opportunities into the USA to grow market share and revenue for
F45 Training Incorporated.EX-10.17

 Exhibit 10.17 

 

			
	 

  
 BY EMAIL

 
 Duncan Cork

⬛⬛⬛⬛⬛⬛⬛

⬛⬛⬛⬛⬛⬛

⬛⬛⬛⬛⬛⬛⬛⬛⬛

 

⬛⬛⬛⬛⬛⬛⬛⬛⬛⬛⬛⬛⬛⬛⬛

  
	  	

 Dated: 04-01-18 

Dear Duncan Cork, 
 We are pleased to confirm your appointment
with F45 Training Incorporated (Company) a Delaware Corporation of 7119 West Sunset Boulevard, #553 Los Angeles, California 90046 and outline below the terms of your employment (Terms). 

 

	1.	 Position 

  

	(a)	 The position to which you are appointed is as a President (Position) reporting to the supervisor
identified in the Schedule or such other person or position nominated by the Company (Supervisor). You will have the responsibilities set out in the Schedule and you may be appointed to such other capacities commensurate with your
skills, abilities and remuneration level as may be assigned to you by the Company from time to time. Absent any new agreement, the terms of your employment set out in these Terms will apply to any promotion, transfer, or change of position.

  

	(b)	 You are employed exclusively by the Company to provide services to it and you must not without the written
consent of the Company work in any capacity for any other person or organisation during your employment other than non-paid or charity work or work performed for the Company, its parents, subsidiaries or
affiliates. 

  

	2.	 Employment 

Your employment with the Company will commence on 4th April, 2018 and will continue until terminated in
accordance with this Agreement. 
  

	3.	 Duties 

During your employment, you must: 
  

	(a)	 faithfully and diligently perform the duties assigned to you with reasonable care and skill and exercise duties
in a manner consistent with your employment with the Company; 

	(b)	 comply with all lawful and reasonable directions given to you by the Supervisor and the Company;

  

	(c)	 act in the best interests of the Company; 

 

	(d)	 promote the interests of the Company; 

 

	(e)	 act in accordance with a high standard of behaviour at all times; and 

 

	(f)	 comply with all laws, rules and policies applicable to your Position. 

 

	4.	 Place of Work 

At the time of your appointment, you will be based in California. Your place of work may change during your employment with us, depending upon Company
requirements and changes to locations of divisions, operations, businesses and functions. 
  

	5.	 Salary 

  

	(a)	 Your annual salary is set out in the attached schedule (Salary) and the Company will deduct from your
Salary any amounts required by law. 

  

	(b)	 Your Salary will be paid in semi monthly instalments. The Company’s present arrangement is for monthly
paid salaries to be credited to bank accounts on or about the 1st and 15th day of each month. 

 

	(c)	 The Company has a performance based remuneration system. Salaries are reviewed annually and Salary increases
are based on your performance. There is no guarantee that your Salary will be increased following any review. 

  

	6.	 Hours of Work 

 

	(a)	 Your position is full-time. Your usual working hours will be during normal business hours or such other hours
your manager may require from time to time. The Salary specified in this letter covers payment for all hours worked and the overall performance of your role. 

 

	(b)	 Overtime or time off in lieu will not be available and your Salary covers all aspects of your employment.

  

	7.	 Leave Entitlements 

A summary of your leave entitlements is set out below. 
  

	(a)	 Annual Leave. You are entitled annual vacation in in accordance with the Company’s standard policy
for similarly situated employees or, if no such policy exists at the relevant time, in accordance with the minimum entitlements under law. 

  

	(b)	 Public Holidays. You are entitled to all paid holidays given to all similarly situated employees in
accordance with the Company’s standard policy or, if no such policy exists at the relevant time, in accordance with the minimum entitlements under law. 

  

	(c)	 Paid Sick Lease and Unpaid Leave. You are entitled to paid sick leave and unpaid leave in accordance
with the minimum requirements at law. 

  

	8.	 Expenses 

Upon submission of expense reports to the extent necessary to substantiate the Company’s federal income tax deductions for such expenses under the
Internal Revenue Code of 1986 (as amended) and the Regulations thereunder and according to such expense report procedures as may be established by the Board, the Company shall reimburse you for all reasonable business expenses incurred in the
performance of your duties hereunder on behalf of the Company. 

	9.	 Company Property 

 

	(a)	 You must maintain all Company property provided to you in good order, including but not limited to promotional
material provided to you from time to time. 

  

	(b)	 You must indemnify the Company from all costs, damages, losses and expenses suffered or incurred by the Company
arising from any breach by you of Clause 9(a). 

  

	10.	 Confidentiality 

 

	(a)	 You will be expected to observe, at all times and under all circumstances, both during and after your
employment with us, the most absolute confidentiality with regard to the Company’s confidential information (Confidential Information). 

  

	(b)	 You must take whatever measures are reasonably necessary to preserve the confidentiality of the Confidential
Information including: 

  

	 	(i)	 complying with all security measures established to safeguard the Confidential Information from unauthorised
access or use; 

  

	 	(ii)	 keeping Confidential Information under your control; and 

 

	 	(iii)	 not removing Confidential Information from, or accessing Confidential Information from outside, the
Company’s premises without the prior approval of the Company. 

  

	11.	 Intellectual Property 

You: 
  

	(a)	 assign to the Company all existing and future intellectual property rights in all inventions, models, designs,
drawings, plans, software, reports, proposals, processes and other materials conceived, created or generated by you during your employment with the Company (whether alone or with the Company, its other employees or contractors) for use by the
Company; 

  

	(b)	 acknowledge that by virtue of this clause all such existing intellectual property rights invested in the
Company and, on their creation, all such future intellectual property rights will vest in the Company; 

  

	(c)	 must do all things reasonably requested by the Company to enable the Company to further assure the intellectual
property rights assigned under this Clause 11; 

  

	(d)	 acknowledge that you may have Moral Rights (as that term is defined at law) in works which you have created or
may in the future create in the course of your employment (Works); 

  

	(e)	 in so far as you are able, you waive your Moral Rights in respect of the Works; 

 

	(f)	 consent to all or any acts or omissions by the Company in relation to the Works which have already occurred or
may occur in the future, which may infringe your Moral Rights in any of the Works; 

  

	(g)	 acknowledge that the consent given in this Clause 11 extends to your successors in title, licensees of the
copyright in the Works and other persons authorised by the Company to do acts comprised in the copyright in the Works; and 

  

	(h)	 will continue to be bound by the obligations under this Clause 11 which will survive the termination of your
employment with the Company. 

	12.	 Termination of Employment 

 

	(a)	 You may terminate the employment relationship by giving the Company 2 weeks’ prior written notice.

  

	(b)	 Your employment is at will and the Company may terminate your employment at any time by notice in writing.

  

	(c)	 You acknowledge and agree that this notice period is fair and reasonable in the circumstances.

  

	(d)	 In the event of termination: 

 

	 	(i)	 you must return all of the Company’s property and materials which may have come into your possession in
the course of your employment whether or not originally supplied to you by the Company; and 

  

	 	(ii)	 subject to applicable law, the Company may set off amounts you owe the Company against amounts the Company owes
to you. 

  

	13.	 Termination of Employment for Serious Misconduct 

 

	(a)	 The Company may terminate your employment without notice or payment in lieu of notice in the event of your
serious misconduct. “Serious misconduct” is misconduct of such a nature that it would be unreasonable for the Company to be required to continue your employment during the required period of notice, including (but not limited to):

  

	 	(i)	 wilful, or deliberate behaviour that is inconsistent with the continuation of this agreement of employment; and

  

	 	(ii)	 conduct that causes imminent and serious risk to the health, or safety of a person or the reputation, viability
or profitability of the Company’s business. 

  

	(b)	 In the event of termination for serious misconduct: 

 

	 	(i)	 you must return all of the Company’s property which may have come into your possession, custody or control
in the course of your employment, whether or not originally supplied to you by the Company; and 

  

	 	(ii)	 subject to applicable laws, the Company may set off amounts that you owe the Company against amounts that the
Company owes to you. 

  

	14.	 Personal Information 

 

	(a)	 You acknowledge that the Company will hold your personal information on its files. 

 

	(b)	 The Company will use that personal information for the purpose of managing and administrating the employment
relationship between it and you. You also acknowledge that the Company may disclose your personal information for any legitimate operational purpose. 

  

	15.	 Workplace Surveillance 

 

	(a)	 The Company advises you that it conducts ongoing and continuous computer surveillance. 

 

	(b)	 Computer surveillance is carried out by monitoring email, internet and other computer usage in accordance with
the Company’s IT policy. 

	16.	 Occupational Health and Safety, drugs and alcohol 

 

	(a)	 You must: 

  

	 	(i)	 safely attend to the duties assigned to you during the course of your employment; 

 

	 	(ii)	 become familiar with all occupational health and safety laws and the occupational health and safety policies
and procedures of the Company; 

  

	 	(iii)	 comply with the above and all directions from the Company relating to occupational health and safety;

  

	 	(iv)	 take a pro-active interest in eliminating or reducing health and safety
risks to the Company and others in the workplace; and 

  

	 	(v)	 co-operate with the Company in its efforts to comply with its work
health safety requirements. 

  

	(b)	 You must not: 

  

	 	(i)	 interfere with or misuse equipment or facilities provided by the Company for the health, safety and welfare of
persons at work; 

  

	 	(ii)	 obstruct attempts to give aid to a person who is injured at work or attempts to prevent a risk to the health
and safety of a person at work; 

  

	 	(iii)	 refuse a reasonable request to assist in giving aid to a person who is injured at work or preventing a risk to
health and safety; and 

  

	 	(iv)	 disrupt the workplace by creating unwarranted health or safety fears. 

 

	(c)	 You must notify the Company as soon as you become aware of any workplace risks or accidents (including breaches
of occupational health and safety laws or policies). Further, you must take all steps reasonably necessary to remove or reduce that risk. 

  

	(d)	 You must not smoke cigarettes or any other substances in the workplace. 

 

	(e)	 You must not take any drugs in the workplace, unless: 

 

	 	(i)	 you are required to take those drugs under a valid prescription issued by a medical practitioner; and

  

	 	(ii)	 the drugs do not affect your ability to safely perform your duties. 

 

	(f)	 You must not drink alcohol at the workplace when working, attend work in circumstances where you have been
affected by alcohol, or otherwise perform your duties while affected by alcohol. This requirement will not prevent you from consuming alcohol at a social or client function approved by the Company provided that: 

 

	 	(i)	 you do not drink excessively at the function; and 

 

	 	(ii)	 you do not after the function, drive or operate machinery or do anything else which may pose a risk to the
safety of yourself or others. 

  

	17.	 Company Policies 

 

	(a)	 You must comply with the duties and obligations imposed on you under any policies, procedures or directions
(collectively described herein as policies) of the Company as varied from time to time. 

	(b)	 Nothing in these Terms is intended to create any binding obligation on the Company to provide you with any
benefits conferred on you by the policies, except to the extent that such benefits otherwise apply by operation of applicable legislation. 

  

	(c)	 The Company may at its absolute discretion, vary, replace or remove any policies, or may introduce new Company
policies, at any time. 

  

	(d)	 In the event of any inconsistency between these Terms and any policy, these Terms will prevail to the extent of
any inconsistency. 

  

	18.	 General 

  

	(a)	 Work Eligibility. This offer is also contingent upon proof of identity and work eligibility. Under the
Immigration Reform and Control Act of 1986, employers are required to verify the identity and employment eligibility of all new hires within three (3) business days of their first day of work. To assist the Company in complying with this
requirement, you must bring appropriate documents with you on your first day. 

  

	(b)	 No Breach of Duty. You represent that: 

 

	 	(i)	 your performance of this Agreement and as an employee of the Company does not and will not breach any agreement
or duty to keep in confidence proprietary information acquired by you in confidence or in trust prior to employment with the Company; 

  

	 	(ii)	 you have not and will not enter into any agreement either written or oral in conflict with this Agreement; and

  

	 	(iii)	 you are not presently restricted from being employed by the Company or entering into this Agreement.

  

	(c)	 Legal Representatives. Upon the death or disability, any payments due to you under this Agreement shall
be paid to your legal representatives. 

  

	(d)	 Severability. If any term, provision, covenant or condition of this Agreement is held to be invalid,
void, or unenforceable, the remainder of the provisions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated thereby. 

 

	(e)	 Survival. Sections 10 and 11 shall survive the termination of this Agreement. 

 

	(f)	 Entire Agreement; Amendments; Waiver. This Agreement is the entire agreement between the parties hereto
concerning the subject matter hereof and supersedes and replaces all prior or contemporaneous agreements or understandings between the parties. This Agreement may not be amended or modified in any manner, except by an instrument in writing signed by
you and the Chief Executive Officer of the Company. Failure of either party to enforce any of the provisions of this Agreement or any rights with respect thereto or failure to exercise any election provided for herein shall in no way be considered
to be a waiver of such provisions, rights or elections or in any way effect the validity of this Agreement. The failure of either party to exercise any of said provisions, rights or elections shall not preclude or prejudice such party from later
enforcing or exercising the same or other provisions, rights or elections which it may have under this Agreement. 

  

	(g)	 Governing Law. This Agreement shall be governed by and construed in all respects in accordance with the
laws of the State of California, and the federal courts and/or state courts of the State of California shall have exclusive jurisdiction to adjudicate any dispute arising out of this Agreement and/or employment relationship or termination thereof
and you consent to such jurisdiction and venue. 

	19.	 Formal Acceptance 

Please indicate your formal acceptance of these Terms by signing, dating and returning to the undersigned the enclosed duplicate copy. 

We take this opportunity to welcome you to the Company and to wish you every future success. 

 

	
	Yours sincerely
	
	/s/ Adam Gilchrist
	Adam Gilchrist
	 Chief Executive Officer
 F45 Training
Incorporated

 I, Duncan Cork, accept employment with F45 Training Incorporated on the terms and conditions set out in these Terms.

  

									
	Signature:	 	/s/ Duncan Cork	 		 	Date:	 	04-01-18
		 	Duncan Cork	 		 		 	
					
	Witness:	 	 	 		 	Date:	 	 
					
	Name:	 	 	 		 		 	
		 	(please print)	 		 		 	

 Schedule 
  

			
	Supervisor	  	Your supervisor will be Adam Gilchrist and any other person nominated by them from time to time.
		
	Salary	  	$180,000 per annum, paid in equal semi-monthly instalments
		
	Responsibilities	  	Executive and Management Duties for the Company and any other activity reasonably determined by the Company from time to time.

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