QPAGOS (OTCMKTS:QPAG) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry into a Material Definitive Agreement
On April 30, 2018, QPAGOS Corporation, a wholly owned subsidiary of QPAGOS, entered into amendments to its separate employment agreements with Gaston Pereira and Andrey Novikov, respectively (the “Amendments”), to extend the stated employment term thereunder for an additional period of one (1) year ending April 30, 2019 and provide that Messrs. Pereira and Novikov will also serve, without additional compensation, as a member of the board and in such other executive-level positions or capacities at QPAGOS Corporation, its parent company QPAGOS and/or their subsidiaries as may, from time to time, be reasonably requested by the QPAGOS Corporation board. All other terms of the employment agreements remain in full force and effect.
The information contained in this Item 1.01 regarding the Amendments are qualified in its entirety by the copy of each amendment attached to this Current Report on Form 8-K as Exhibit 10.1, and incorporated herein by this reference.
|
Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
The Information set forth in Item 1.01 is hereby incorporated by reference.
Item 9.01 Financial Statements and Exhibits
(d)Exhibits.
The following exhibits are being filed as part of this Report.
QPAGOS ExhibitEX-10.1 2 s109933_ex10-1.htm EXHIBIT 10.1 Exhibit 10.1 AMENDMENT TO EMPLOYMENT AGREEMENT This Amendment,…To view the full exhibit click here
About QPAGOS (OTCMKTS:QPAG)
QPAGOS, formerly Asiya Pearls, Inc. is a provider of physical and virtual payment services in the Mexican Market. The Company provides an integrated network of kiosks, terminals and payment channels that enable consumers to deposit cash, convert it into a digital form and remit the funds to any merchant in its network. The Company’s subsidiary is Qpagos Corporation. Its RG Payment Switch is designed to transfer payments to providers of services. Its RG Kiosk is a platform designed for the collection of payments through self-service kiosks. The Company’s Payment Gateway connects service providers and their clients through Qpagos Corporation’s technology and processing system. Its RG Processing is a platform designed for processing payments collected through various devices and interfaces, such as self-service kiosks, windows (WIN) terminals, Java terminals and extensible markup language (XML) terminals.