Acorn Energy extends CEO and CFO consulting agreements with monthly cash and option grants

ACORN ENERGY, INC.

CEO Loeb receives $16,780/month plus $10,000/month as OmniMetrix Acting CEO; term through Dec 31, 2024.
CFO Clifford receives $18,025/month under auto-renewing one-year consulting agreement.
Each executive granted 2,200 options at $6.09/share; 25% vested immediately, remainder quarterly.
Options vest in equal increments on April 1, July 1, October 1, 2024.
Clifford's agreement provides six months severance if terminated without cause.

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