Borealis Foods enters into CEO employment agreement with Reza Soltanzadeh

Borealis Foods Inc.

Base salary of $500,000 per year, effective July 8, 2024.
Eligible for annual discretionary bonus and equity awards up to 1% of outstanding common shares.
Non-competition and non-solicitation covenants for 12 months after termination.
Severance includes 12 months' base salary if terminated without cause.
Agreement recognizes prior service since August 2019.

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