Acorn Energy enters Change in Control Bonus Agreement with CFO/COO Clifford

ACORN ENERGY, INC.

Bonus equals $100,000 per year of service from Dec 1, 2019 to change in control or termination.
If change in control occurs within 18 months (extendable to 24 months if definitive agreement), lump sum cash paid.
Involuntary termination without cause or due to death/disability before change in control still entitles full bonus.
Voluntary termination reduces bonus to 70% of the Change in Control Bonus.

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