On August 16, 2022, Telkonet, Inc. entered into an employment agreement with John M. Srouji, 43, for the position of Chief Sales and Operating Officer effective immediately and expiring on May 31, 2026. Mr. Srouji earned a Bachelor of Science degree from Rensselaer Polytechnic Institute and a Master of Science degree from New York University. He worked in the Building and Energy Controls Industry with Honeywell International Inc. from 2005 to 2022, holding various management roles in the areas of operations, sales and marketing.