EX-10.5 17 s101910_10-5.htm EXHIBIT 10.5

 

Exhibit 10.5

 

ID Global Solutions Corporation
160 East Lake Brantley Drive
Longwood, Florida 32779

 

 September 25, 2015

 

Douglas Solomon

 

Re:Employment Agreement (the “Agreement” ) dated February 27, 2014 between ID Global Solutions Corporation (the “Company” ) and Douglas Solomon (“Executive” )  

 

Dear Mr. Solomon:

 

Reference is hereby made to the Agreement. It is hereby agreed to by the parties that Section 2 of the Agreement shall be amended and restated to state the following:

 

“h. Additional Compensation. The Company shall issue to Executive a common stock option (the “Option”) to purchase 20,000,000 shares of common stock of the Company exercisable at $0.45 per share for a period of five years. The Option may be exercised for cash or on a cashless baseless.”

 

We kindly request that you execute this letter below indicating that you agree with the above Amendment and statements.

 

  Sincerely,
 
  ID Global Solutions Corporation
 
  By:/s/ Thomas R. Szoke
  Name: Thomas R. Szoke
  Title: CEO
 
AGREED AND ACKNOWLEDGED:
     
/s/ Douglas Solomon  
Douglas Solomon