AMENDMENT NO. 1
This Amendment No. 1 to the Employment Agreement (“Amendment”), dated September 26, 2016, is by and between Drone Aviation Holding Corp., a Nevada corporation with an address 11651 Central Parkway #118, Jacksonville, FL 32224 (the “Company”), and Jay H. Nussbaum (the “Executive”).
WHEREAS, the parties entered into an Employment Agreement on April 27, 2016 (the “Employment Agreement”); and
WHEREAS, the parties wish to further amend the Employment Agreement as set forth below, with the understanding that all other provisions of the Employment Agreement shall remain unchanged;
NOW, THEREFORE, in consideration of the terms and conditions hereinafter set forth, the parties hereto agree as follows:
|1.||Section 3 of the Employment Agreement- Term of Employment- is hereby extended by from May 18, 2018 to December 31, 2018.|
|2.||The terms and conditions of all other sections of the Employment Agreement shall remain unchanged and in full force and effect.|
IN WITNESS WHEREOF, the parties have executed this agreement as of the date first stated above.
|DRONE AVIATION HOLDING CORP.|
|By:||/s/ Kendall W. Carpenter|
|Name:||Kendall W. Carpenter|
|Title:||Chief Financial Officer|
|By:||/s/ Jay H. Nussbaum|
|Name:||Jay H. Nussbaum|