ABAT amends offer letters for CEO, CRO, COO; adds FY2024 performance bonuses and change-of-control vesting acceleration

AMERICAN BATTERY TECHNOLOGY Co

Added FY2024 performance-based bonus milestones for CEO Ryan Melsert (8 categories with weights including TRIC Recycling Operations at 15%, Tonopah Flats Resource at 15%).
Change-of-control provision revised: all unvested equity (RSUs, options, warrants) vests immediately upon a change of control.
Similar amendments executed for CRO Scott Jolcover (Nov 29) and COO Andrés Meza (Dec 1).
Milestones include publishing Measured and Indicated Resource Report for Tonopah Flats and producing lithium hydroxide from pilot plant.

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