SEC Contract Filing

Filing Date: 2021-11-12

Document Content:
<DOCUMENT>
<TYPE>EX-10.39
<SEQUENCE>2
<FILENAME>amwl-ex1039_142.htm
<DESCRIPTION>EX-10.39
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
<head>
<title>
amwl-ex1039_142.htm
</title>
</head>
<!-- NG Converter v5.0.2.50 -->
<body>

<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Exhibit 10.39</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;;font-size:11pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">ADDENDUM TO EMPLOYMENT AGREEMENT</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;;font-size:11pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><a name="_Hlk67247077"></a>THIS ADDENDUM TO EMPLOYMENT AGREEMENT (the &#8220;<font style="font-weight:bold;">Addendum</font>&#8221;) is made this 29th day of June, 2021 by and between <font style="font-weight:bold;color:#000000;">American Well Corporation</font><font style="color:#000000;"> (Israeli Branch), </font>company No. 560034696, located at Menachem Begin 11, Ramat Gan Israel<font style="font-weight:bold;color:#000000;">, </font>(the<font style="font-weight:bold;"> </font>&#8220;<font style="font-weight:bold;">Company</font>&#8221;)<font style="color:#000000;"><a name="_Hlk67247077"></a> on the one hand, and </font><font style="font-weight:bold;color:#000000;">Ido Schoenberg</font><font style="color:#000000;">,</font> <font style="color:#000000;">Passport No. 23851865, resident in 17 Nof Tavor, Kfar&#160; Kisch&#160; 19330, Israel</font><font style="font-weight:bold;color:#000000;">, </font><font style="color:#000000;">(the &#8220;</font><font style="font-weight:bold;color:#000000;">Executive</font><font style="color:#000000;">&#8221;)</font><font style="font-weight:bold;color:#000000;"> </font><font style="color:#000000;">on the other hand.</font> </p>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:13.72%;white-space:nowrap">
<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;font-weight:bold;color:#000000;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;color:#000000;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS</font><font style="color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </font></p></td>
<td valign="top">
<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;font-weight:bold;color:#000000;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;"><font style="font-weight:normal;">the Executive has been employed by the Company in the US from June 18, 2020, pursuant to an employment agreement dated June 18, 2020</font> <font style="font-weight:normal;">(the &#8220;</font>Employment Agreement<font style="font-weight:normal;">&#8221;); </font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:13.72%;white-space:nowrap">
<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;font-weight:bold;color:#000000;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;color:#000000;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS</font><font style="color:#000000;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </font></p></td>
<td valign="top">
<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;font-weight:bold;color:#000000;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;"><font style="font-weight:normal;">the Executive wishes to be employed in Israel in the position of Chairman and Co-Chief Executive Officer, as set forth hereunder and the Company wishes to employ the Executive, in Israel as of the Commencement Date; </font></p></td></tr></table></div>
<div align="left">
<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;">
<tr>
<td valign="top" style="width:13.72%;white-space:nowrap">
<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;font-weight:bold;color:#000000;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;color:#000000;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">WHEREAS</font></p></td>
<td valign="top">
<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;font-weight:bold;color:#000000;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11pt;"><font style="font-weight:normal;">due to the Executive&#8217;s relocation to Israel, certain amendments the Employment Agreement are required in order to comply with the Israeli law; </font></p></td></tr></table></div>
<p style="text-align:justify;margin-top:12pt;margin-bo