Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 10, 2020, YayYo, Inc. (the "Company") entered into an Executive Employment Agreement (the "Agreement") with the Company's Chief Executive Officer, Jonathan Rosen, pursuant to which Mr. Rosen will continue to serve as the Company's Chief Executive Officer for one year or until terminated in accordance with the Agreement.

Pursuant to the Agreement, Mr. Rosen shall receive a base annual salary at a rate of $300,000 per year ($25,000 per month), subject to applicable taxable withholding and deductions and payable in accordance with the Company's standard payroll practice. Additionally, Mr. Rosen shall be granted 500,000 options to acquire common shares in the capital of the Company with a price equal to the $4.00 per share in accordance with the Company's stock option plan.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits



Exhibit No.   Description
10.1            Employment Agreement, dated as of January 10, 2020, by and between
              YayYo, Inc. and Jonathan Rosen, Chief Executive Officer

© Edgar Online, source Glimpses