Attached files

file filename
EX-32.4 - EXHIBIT 32.4 - MINIM, INC.brhc10023805_ex32-4.htm
EX-32.3 - EXHIBIT 32.3 - MINIM, INC.brhc10023805_ex32-3.htm
EX-31.4 - EXHIBIT 31.4 - MINIM, INC.brhc10023805_ex31-4.htm
EX-31.3 - EXHIBIT 31.3 - MINIM, INC.brhc10023805_ex31-3.htm
EX-10.31 - EXHIBIT 10.31 - MINIM, INC.brhc10023805_ex10-31.htm
EX-10.30 - EXHIBIT 10.30 - MINIM, INC.brhc10023805_ex10-30.htm
EX-10.29 - EXHIBIT 10.29 - MINIM, INC.brhc10023805_ex10-29.htm
EX-10.28 - EXHIBIT 10.28 - MINIM, INC.brhc10023805_ex10-28.htm
10-K/A - 10-K/A - MINIM, INC.brhc10023805_10ka.htm

Exhibit 10.27

ASSIGNMENT AND AMENDMENT OF EMPLOYMENT AGREEMENT

The parties to this Assignment and Amendment of Employment Agreement (this “Agreement”) are Graham Chynoweth (the “Employee”), Zoom Telephonics, Inc. (“Zoom”), and Minim, Inc. (“Minim”). Collectively, the Employee, Zoom, and Minim are referred to in this Agreement as the “Parties”. In consideration of the agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which the Parties acknowledge, the Parties agree as follows:


1.
The Employee’s Employment Agreement with Minim dated May 22, 2019 (the “Employment Agreement”) is hereby assigned to, and assumed by the Company, subject to the terms and conditions set forth herein.


2.
The assignment and amendment of the Agreement is made pursuant to the provisions of Sections 10 and 16 of the Employment Agreement and satisfies and complies with the terms and conditions of such provisions.


3.
Zoom hereby assumes all obligations of the “Company” set forth in the Employment Agreement, subject to the terms and conditions set forth herein. The use of the term “Company” in the Employment Agreement shall hereinafter refer to Zoom.


4.
The Employee consents to this assignment of the Employment Agreement and agrees that all of the Employee’s obligations and covenants set forth in the Employment Agreement remain valid and binding.


5.
Section 3(b) of the Employment Agreement is deleted in its entirety and is replaced with “Reserved.”


6.
The phrase “twelve months” in the first sentence of Section 5(g) of the Employment Agreement is deleted and replaced with “six months”.


7.
This Agreement may be executed in one or more counterparts, none of which need to contain the signature of more than one party, each of which will be deemed to be an original, and all of which taken together shall constitute one and the same instrument. The facsimile or PDF signatures of the Parties shall be deemed to constitute original signatures, and facsimile or PDF copies of this Agreement shall be deemed to constitute duplicate originals.

The Parties hereby execute this Agreement knowingly and voluntarily:

GRAHAM CHYNOWETH   MINIM, INC.   ZOOM TELEPHONICS, INC.  

 
 
 
 
/s/ Graham Chynometh
  Sean Doherty
  Sara Bishop  
Graham Chynoweth
 
 
 
 
 
           
    SVP, Finance   Head of Talent and Culture  
           
12/4/2020   December 4, 2020   December 4,2020
 
Date   Date
  Date