LI - AMENDMENT TO EMPLOYMENT AGREEMENT
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This Amendment to Employment Agreement ("Amendment") is made this 8th day of July, 2026, between iQSTEL, Inc., a Nevada corporation (the "Company"), and Leandro Jose Iglesias ("Employee").
WHEREAS, the Company and Employee previously entered into an Employment Agreement dated May 2, 2019, as amended on November 1, 2020, February 29, 2024, and June 23, 2025 (collectively, the "Employment Agreement");
WHEREAS, the Board of Directors of the Company has approved certain amendments to the Employment Agreement as set forth in the Unanimous Written Consent of the Board of Directors dated July 7th, 2026 (the "Board Consent");
WHEREAS, the Company and Employee desire to amend the Employment Agreement in accordance with the Board Consent;
NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree as follows:
A. Capitalized terms not otherwise defined herein shall have the same meanings as in the Employment Agreement.
B. Schedule A of the Employment Agreement is hereby amended as follows:
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