Forza X1 President Dan Norton to depart Sept 30; mutual separation agreement

Forza X1, Inc.

President Dan Norton's employment terminates mutually effective September 30, 2024.
Norton did not advise of any disagreement with company operations, policies, or practices.
Separation agreement includes mutual release, non-disparagement, and confidentiality obligations.
Norton's termination treated as voluntary without good reason; eligible for basic termination rights under employment agreement.
Interim CEO Joseph Visconti executed the agreement on behalf of Forza X1.

item 5.02 item 9.01

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Departed

Dan Norton

President

Forza X1, Inc.

Effective: 2024-09-30
Filed: September 13, 2024, 7:59 PM ET

On September 10, 2024, Forza X1, Inc. (the “Company”) entered into a Separation Agreement with Dan Norton, the Company’s President, pursuant to which Mr. Norton and the Company mutually agreed to terminate his employment with the Company, effective as of September 30, 2024 (the “Separation Agreement”).

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Executive change SEC 8-K Item 5.02 confidence 0.95

Dan Norton departed as President at Forza X1, Inc..

Action: mutually agreed to terminate
Role: President

Exact text from the filing

On September 10, 2024, Forza X1, Inc. (the “Company”) entered into a Separation Agreement with Dan Norton, the Company’s President, pursuant to which Mr. Norton and the Company mutually agreed to terminate his employment with the Company, effective as of September 30, 2024 (the “Separation Agreement”).

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Source: SEC EDGAR

accession 0001731122-24-001396

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