SEC Contract Filing

Filing Date: 2020-03-30

Document Content:
<DOCUMENT>
<TYPE>EX-10.45
<SEQUENCE>3
<FILENAME>f10k2019ex10-45_aerkomminc.htm
<DESCRIPTION>EMPLOYMENT AGREEMENT DATED MAY 25, 2018 BY AND BETWEEN LOUIS GIORDIMAINA AND AIRCOM PACIFIC, INC.
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<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Exhibit 10.45</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>EMPLOYMENT
AGREEMENT</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Employment Agreement is entered into by and between Louis Giordimaina (the &ldquo;Employee&rdquo;), of 36 Verdala Mansions, Porta
Vilhena, Inguanez Street, Rabat RBT2418, Malta, and Aircom Pacific, Inc. (&ldquo;Aircom&rdquo;), of 44043 Fremont Boulevard, Fremont,
CA 94538, USA, in its name and also on behalf of the direct or indirect legal subsidiary entity of Aircom to be registered and
incorporated as a limited liability company in Malta (the &ldquo;Malta Subsidiary&rdquo;). Aircom and the Malta Subsidiary, together
or separately as the case may be or as the context may require, shall be known as &ldquo;the Company&rdquo;.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
term &ldquo;parties&rdquo; shall mean and include the Employee, Aircom and, with effect on and from the Effective Date (as defined
in sub-paragraph 1.1 below), the Malta Subsidiary (as also defined in sub-paragraph 1.1 below), together or separately as the
case may be or as the context may require.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
parties agree as follows:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>1. EFFECT
AND TERM OF CONTRACT</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 49.65pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.1 Following
its execution by both the Employee and Aircom, this Agreement will become effective on May 25, 2018 (the &ldquo;Effective Date&rdquo;),
upon which the Employee shall initially be employed by Aircom Pacific, Inc. Upon the date of registration and incorporation of
the Malta Subsidiary as a legal direct or indirect subsidiary entity of Aircom as a limited liability company incorporated in
Malta, the Employee shall become an employee solely of the Malta Subsidiary. This Agreement shall remain effective for a period
of three (3) years (the &ldquo;Term&rdquo;) from the Effective Date. The first three months of the Employee&rsquo;s employment
with the Company shall be probationary and either party may terminate the Employee&rsquo;s employment during this period without
cause by giving one (1) week&rsquo;s written notice of termination.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 49.65pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.2 Aircom
shall procure that the Malta Subsidiary becomes a party to this Agreement by countersigning this Agreement in the space provided
for such purpose at the end of this Agreement immediately upon the date of registration of the Malta Subsidiary as a limited liability
company in Malta and as a legal subsidiary of Aircom, whereupon the Malta Subsidiary shall become a party to this Agreement with
effect on and from the Effective Date. As a result of the accession by the Malta Subsidiary as a party to this Agreement, Employee
shall, with effect on and from the Effective Date, become an employee solely of the Malta Subsidiary and not of Aircom.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.3
Nothing in this Agreement is or shall be deemed to constitute a partnership, agency, or employment relationship between Aircom
and the Employee