Boardroom Alpha
8-K primary document
XMAX · Current Report (Form 8-K) · Filed July 6, 2026

Xmax Inc8-K exhibit

ex10-1.htm

 

Exhibit 10.1

 

AMENDMENT TO EMPLOYMENT AGREEMENT

 

THIS AMENDMENT TO EMPLOYMENT AGREEMENT (this “Amendment”) is made as of July 1, 2026 (the “Effective Date”), by and between XMax Inc., a Nevada corporation (the “Company”), and _________(“Executive”). The Company and Executive are sometimes referred to herein individually as a “Party” and collectively as the “Parties”.

 

WHEREAS, the Company and Executive are party to that certain Employment Agreement, dated ________ (the “Agreement”);

 

WHEREAS, the Board of Directors of the Company has approved to increase the salary of the Executive from $_______ to $______ per year, effective from July 1, 2026; and

 

WHEREAS, capitalized terms in this Amendment that are not otherwise defined have the meanings given those terms in the Agreement.

 

NOW, THEREFORE, in consideration of the mutual promises contained herein, the parties agree as follows:

 

1. Section 3.1 of the Agreement is hereby amended and restated in its entirety to read as follows:

 

3.1 Salary. Executive’s salary shall be $________ per year (the “Salary”) payable monthly, effective from July 1, 2026.

 

2. Except as expressly amended hereby, the Agreement continues in full force and effect.

 

3. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

4. This Amendment shall take effect on Effective Date.

 

5. This Amendment shall be governed by and construed in accordance with the laws of the State of Nevada, without giving effect to the conflict of law principles thereof. Each Party irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting in Clark County, Nevada.

 

[signature page follows]

 

 

  

 

IN WITNESS WHEREOF, the Parties to this Amendment to Employment Agreement have duly executed it as of the day and year first above written.

 

COMPANY:

 

Executive:

     
XMAX INC.    
     
By: /s/   By: /s/ 
Print Name:    
Title:    

 

 

  

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer