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Flower Turbines, Inc. – ‘1-SA’ for 12/31/20 – ‘EX1SA-6 MAT CTRCT’

On:  Wednesday, 5/5/21, at 4:03pm ET   ·   For:  12/31/20   ·   Accession #:  1104659-21-61699

Previous ‘1-SA’:  None   ·   Next:  ‘1-SA’ on 9/29/21 for 6/30/21   ·   Latest:  ‘1-SA’ on 9/27/23 for 6/30/23   ·   3 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/05/21  Flower Turbines, Inc.             1-SA       12/31/20    3:335K                                   Toppan Merrill/FA

Semi-Annual Report or Special Financial Report   —   Form 1-SA   —   Regulation A

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 1-SA        Semi-Annual Report or Special Financial Report      HTML     87K 
 2: EX1SA-6 MAT CTRCT  Exhibit 6.6                                  HTML      9K 
 3: EX1SA-6 MAT CTRCT  Exhibit 6.7                                  HTML     35K 


‘EX1SA-6 MAT CTRCT’   —   Exhibit 6.6


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Exhibit 6.6

 

 

 

 

Extension of contract:

 

 

Date: November 9th, 2020

 

 

This contract is an extension of the existing contract between Flower Turbines BV and Roy Osinga.

 

The contract is extended for another 4 years, through Dec.31, 2024, unless either party wishes to cancel., this with a 90-day notice for the employer and 45 days for the employee, or both parties agree to change the conditions.

 

The contract is the same with the following changes:

·The new salary is 8000 Euros per month.
·The sales bonuses will not be continued.
·The definition of competitive products is expanded to include other products sold by Flower Turbines BV in addition to wind turbines.
·When Flower Turbines Inc. has a bank balance of at least $500,000, after all outstanding bills for the upcoming 60 days are paid, Roy will receive a retroactive bonus of 2000 Euros per month worked prior to Jan. 1, 2021.

 

For Flower Turbines BV and Inc.

 

 

Mark Daniel Farb, CEO

 

 

 

Employee:

 

 

Roy Osinga

 

 C: 

 

 

 

Correction to Contract for 2021

 

The statement

 

When Flower Turbines Inc. has a bank balance of at least $500,000, after all outstanding bills for the upcoming 60 days are paid, Roy will receive a retroactive bonus of 2000 Euros per month worked prior to Jan. 1, 2021.

 

Had a typo so that it should read:

 

When Flower Turbines Inc. has a bank balance of at least $500,000, after all outstanding bills for the upcoming 60 days are paid, Roy will receive a retroactive bonus of 2000 Euros per month worked prior to Jan. 1, 2020.

 

 

Date: May 3, 2021

 

 

 

MD Farb

 

 

 

 

Roy Osinga

 

 C: 

 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘1-SA’ Filing    Date    Other Filings
Filed on:5/5/21
5/3/21
1/1/21
For Period end:12/31/201-K,  1-K/A,  C-AR,  C-AR/A
1/1/20
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/29/21  Flower Turbines, Inc.             1-SA        6/30/21    1:264K                                   Toppan Merrill/FA


2 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/30/20  Flower Turbines, Inc.             1-A/A                  4:1.4M                                   Toppan Merrill/FA
 9/30/20  Flower Turbines, Inc.             1-A                   14:1.7M                                   Toppan Merrill/FA
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Filing Submission 0001104659-21-061699   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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