Exhibit 6.14

  

January 21, 2016 

Mr. Jonathan Naft 

Dear Jon:

I would like to thank you for agreeing to support the Company’s cash conservation project while we raise additional capital in 2016 by agreeing to participate in the Company’s salary reduction program. By doing so, we increase our ability to complete the financing round while continuing to add new users and undertake the important projects for Myomo’s future.

As of January 1, 2016, your base salary compensation will be reduced to $5000 instead of the current $8333.33 per month. When the Series C-1 financing is completed (currently expected by mid-year 2016) on the date of the closing of the Series C-1 financing or change of control of the company if earlier, the Company will pay you a one-time special bonus equal to the difference between your original base salary rate of $8333.33 and the reduced base salary rate times the number of months which you have been employed in that period. In addition, the Company will pay you any earned incentive compensation based on sales due you but unpaid.

Your job title, responsibilities and status as a regular, full-time employee will not change as a result of the salary reduction program. Your employment at the Company will continue to be on an at-will basis. Similarly, the terms and conditions of your employment are subject to change at any time and nothing in this letter shall be construed as providing you with a contractual right to any pay rate.

To recognize your participation in this effort to preserve the Company’s cash resources, I will recommend that the Board of Directors award you an additional 25,000 stock options, which will completely vest as of June 30, 2016.

Jon, thank you for your support of the Company’s plans as we raise the capital needed to grow the business and achieve greater value for all shareholders.

Sincerely, 

Paul R. Gudonis

Chief Executive Officer

Myomo, Inc. · One Broadway, 14^th Floor · Cambridge · MA 02142

Tel. 617.996.9058 · Fax. 617.886.0333