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EX-10.1 - EXHIBIT 10.1 - AgEagle Aerial Systems Inc. | v398024_ex10-1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 31, 2014
ENERJEX RESOURCES, INC.
(Exact Name of Registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
000-30234 | 88-0422242 | |
(Commissioner File Number) | (IRS Employer Identification No.) |
4040 Broadway, Suite 508, San Antonio, Texas 78209
(Address of principal executive offices)
(210) 451-5545
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act of (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act of (17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointments of Principal Officers.
(c) On December 31, 2014, EnerJex Resources, Inc., a Nevada corporation (the “Company”), entered into an second amended and restated employment agreement with Robert G. Watson, Jr. as Chief Executive Officer of the Company for a three-year period commencing December 31, 2014. Mr. Watson's salary shall be paid as follows:
In the period that: | The Company shall pay Base Compensation to Employee in the following respective amount: | |
Commences on: |
Ends On: | |
Effective Date of this Agreement | December 31, 2014 | $225,000 |
January 1, 2015 | December 31, 2015 | $275,000 |
January 1, 2016 | December 31, 2016 | $285,000 |
January 1, 2017 | December 31, 2017 | $300,000 |
The second amended and restated employment agreement between the Company and Mr. Watson, is attached as Exhibit 10.1 to this Form 8-K and are incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits |
(d) | Exhibits. |
10.1 Second Amended and Restated Employment Agreement dated December 31, 2014.
2 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ENERJEX RESOURCES, INC., | ||||
Date: January 5, 2015 | By: | /s/ Robert G. Watson, Jr. | ||
Robert G. Watson, Jr. Chief Executive Officer and | ||||
President |