SEC Contract Filing

Filing Date: 2021-01-05

Document Content:
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<TYPE>EX-10.23
<SEQUENCE>11
<FILENAME>tm2039602d1_ex10-23.htm
<DESCRIPTION>EXHIBIT 10.23
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<P STYLE="margin: 0pt">&nbsp;</P>

<P STYLE="text-align: right; margin-top: 0pt; margin-bottom: 0pt"><B>Exhibit 10.23</B></P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 55pt; text-align: justify">This Executive Employment Agreement
(&#8220;Agreement&#8221;) is made effective as of September 16, 2019 (&#8220;Effective Date&#8221;), by and between Romeo Systems
Inc. (&#8220;Company&#8221;) and Lauren Webb (&#8220;Executive&#8221;).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 55pt">The parties agree as follows:</P>

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<TD STYLE="width: 55pt"></TD><TD STYLE="width: 36pt">1.</TD><TD STYLE="text-align: justify"><U>Employment</U>. Company hereby employs Executive, and Executive hereby accepts such employment,
upon the terms and conditions set forth herein.</TD></TR></TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 91pt; text-align: justify; text-indent: -0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Duties</U>.</P>

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<TD STYLE="width: 91pt"></TD><TD STYLE="width: 36pt">2.1.</TD><TD STYLE="text-align: justify"><U>Position</U>. Executive is employed as Chief Financial Officer (&#8220;CFO&#8221;) to lead the
Company&#8217;s financial vision, implement financial strategies, and ensure that the financial resources are aligned with the
Company&#8217;s business needs. Executive shall have the duties and responsibilities assigned by Company&#8217;s Board of Directors
(&#8220;Board&#8221;) 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.</TD></TR></TABLE>

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<TD STYLE="width: 91pt"></TD><TD STYLE="width: 36pt">2.2.</TD><TD STYLE="text-align: justify"><U>Best Efforts/Full-time</U>. Executive will expend Executive&#8217;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&#8217;s full business time and efforts to the performance of Executive&#8217;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&#8217;s
duties under this Agreement.</TD></TR></TABLE>

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<TD STYLE="width: 91pt"></TD><TD STYLE="width: 36pt">2.3.</TD><TD STYLE="text-align: justify"><U>Work Location</U>. Executive&#8217;s principal place of work shall be Romeo&#8217;s primary
location in the Los Angeles area, currently 4380 Ayers Avenue Vernon CA, 90058.</TD></TR></TABLE>

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<TD STYLE="width: 55pt"></TD><TD STYLE="width: 36pt">3.</TD><TD STYLE="text-align: justify"><U>At-Will Employment</U>. Executive&#8217;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
thirty (30) days&#8217; advance written notice. No representative of Company, other than the President or 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&#8217;s Chief Executive Officer. Nothing in this Agreement is intended to
or should be construed to contradict, modify, or alter this at-will relationship.</TD></TR></TABLE>

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