Effective as of November 13, 2020, Louis J. Petrucelly resigned his positions as Senior Vice President of PASSUR Aerospace, Inc. In connection with Mr. Petrucelly’s resignation, PASSUR will pay him eight (8) weeks of separation pay, at his base compensation rate in effect immediately prior to his resignation. Following his resignation from the Company, Mr. Petrucelly will remain subject to certain customary restrictive covenants, including non-competition and non-solicitation covenants, pursuant to the terms of a restrictive covenant agreement previously entered into between Mr. Petrucelly and the Company.