Exhibit 10.3
June 15, 2022
AMY TAYLOR
Re: Offer of Promotion by Zevia PBC
Dear Amy:
I am very pleased to confirm our offer to you of continued employment with Zevia PBC (the “Company” or “Zevia”) in the role of President and Chief Executive Officer. This offer and your continued employment relationship will be subject to the terms and conditions in this promotion letter (this “Letter”). The Company reserves the right to modify job titles, reporting structures, wages and benefits from time to time as it deems necessary and appropriate. The terms and conditions described in this Letter, including the compensation described herein, will become effective as of August 1, 2022, and will supersede and replace that certain offer letter dated June 9, 2021.
15821 Ventura Boulevard, Suite 145
Encino, California 91436
We look forward to continuing to work with you at the Company. We are very excited about your new role and this new phase for Zevia. Please sign and date this Letter on the spaces provided below to acknowledge your acceptance of the terms of this agreement.
15821 Ventura Boulevard, Suite 145
Encino, California 91436
Very truly yours,
/s/ Philip H. O'Brien
PHILIP H. O’BRIEN
Lead Independent Director and Chair of the Compensation Committee
I have read and understand this Letter and hereby acknowledge, accept and agree to the terms set forth above and further acknowledge that no other commitments were made to me as part of my promotion offer except as specifically set forth herein.
AMY TAYLOR
/s/ Amy Taylor
15821 Ventura Boulevard, Suite 145
Encino, California 91436