Acorn Energy enters consulting agreement with CEO Jan Loeb: $16K/mo + $10K/mo, 35K options at $0.35

ACORN ENERGY, INC.

Consulting Agreement with Jan H. Loeb effective Jan 1, 2023, through Dec 31, 2023 or earlier termination.
Cash compensation: $16,000/month as President/CEO of Acorn Energy, plus $10,000/month as Acting CEO of OmniMetrix.
Grant of options to purchase 35,000 shares at $0.35 per share (Dec 30 closing price).
Options vest 25% immediately, remainder in three equal installments on Apr 1, Jul 1, Oct 1, 2023.
Terms otherwise similar to outside director options.

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