Departure of Directors or Certain



 


Chief
Operating Officer Appointment


 


On
April 25, 2022, the Board of Directors (the “Board”) of Unique Logistics International, Inc. (the “Company”)
appointed Ms. Migdalia Diaz as Chief Operating Officer of the Company (the “Appointment”).


 


Migdalia
Diaz, 55, COO


 


Migdalia
(“Mickey”) Diaz brings over 32 years of experience in the logistics industry, with over 20 years in Officer and Senior Management
roles. Between 2018

and
April 2022,

Ms.
Diaz served as Senior Vice President Customer Experience for the Americas, and as Vice President of Operations USA at GEODIS, an international
logistics provider. From 2011 to 2018, Ms. Diaz served as Vice President of Operations an d board
member at Dachser USA, another international logistics company.

From
2006 to 2011 Ms. Diaz served as a board member, COO of USA, and CEO Latin America of IJS Global, an International Freight Forwarder.


 


The
Board believes that Ms. Diaz’s experience in management and operations and her extensive knowledge in logistics and international
regulatory requirements makes her ideally qualified to help lead the Company towards continued growth and success.


 


Family
Relationships


 


Ms.
Diaz does not have a family relationship with any of the current officers or directors of the Company.


 


Related
Party Transactions


 


There
are no related party transactions with regard to Ms. Diaz reportable under Item 404(a) of Regulation S-K.


 


Compensatory
Arrangements


 


In
connection with her Appointment, Ms. Diaz entered into an employment agreement with the Company (the “Employment Agreement”).
Pursuant to the Employment Agreement, Ms. Diaz shall receive an annual salary of $304,500. Additionally, Ms. Diaz shall be eligible for
a discretionary performance incentive of up to 60% of her annual gross salary (the “Incentive Bonus”). Ms. Diaz shall receive
an incentive advance of $25,000 upon completion of six (6) months which will be offset against the Incentive Bonus. Ms. Diaz will also
receive a monthly home office allowance of $125. The Employment Agreement may be terminated by either party for any or no reason, by
providing a 90 days’ notice of termination,


 


Item
5.02 of this Current Report on Form 8-K contains only a brief description of the material terms of and does not purport to be a complete
description of the rights and obligations of the parties to the Employment Agreement, and such descriptions is qualified in its entirety
by reference to the full text of the Employment Agreement, a copy of which is filed herewith as Exhibit 10.1.


 


Item
9.01. Exhibits.


 


(d)
Exhibits


 




Exhibit
No.


 


Exhibit



10.1


 


Employment Agreement, dated April 25, 2022, by and between Unique Logistics International, Inc. and Mickey Diaz



104


 


Cover
Page Interactive Data File (embedded within the Inline XBRL document).



 



 


 



 


SIGNATURES


 


Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.


 




 


UNIQUE
LOGISTISC INTERNATIONAL, INC.



 


 


 



Date:
April 26, 2022


By:


/s/
Sunandan Ray



 


 


Sunandan
Ray



 


 


Chief
Executive Officer



 



 








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