Progressive Care Inc (RXMD)

[DCorleone]

A possible sign that RXMD was going down....

Amendment to Employment Agreement of Chief Financial Officer
On November 11, 2022, the Board approved an amendment to the Amended and Restated Employment Agreement between the Company and Cecile Munnik, pursuant to which, the Company agreed that Ms. Munnik may provide up to approximately 30% of her time on a weekly basis to provide services to NextPlat and receive compensation from NextPlat. Ms. Munnik will continue to serve the Company faithfully and to the best of her ability and shall devote her full time, attention, and energies to the business of the Company during customary business hours. Ms. Munnik shall receive a bonus in the amount of thirty thousand dollars ($30,000) immediately and receive options to purchase 5,000,000 shares under the Stock Option Award Agreement (“Options”). The Options vest immediately.