Amendment to Offer Letter between American Battery Technology Company and Scott Jolcover dated, March 15, 2024
Exhibit 10.1
AMENDMENT TO OFFER LETTER
American Battery Technology Company, a Nevada corporation (the “Company”) and Scott Jolcover do hereby amend the Offer Letter dated January 3, 2023, as follows:
To Schedule A, Section A, Compensation, a new subsection shall be added as follows: “6. One-Time Equity Election: In addition to any other equity election to which you may be entitled, at your request you may elect to receive a portion of your cash compensation in equity. Through a one-time election, you may receive 11,500 RSUs and 11,500 warrants with a five-year expiration at an exercise price of $2.00 per share in lieu of $23,000 in cash compensation. The RSUs and warrants shall vest immediately upon you being entitled to receive cash compensation in the amount of $23,000.
American Battery Technology Company, a Nevada corporation
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Signature: | /s/ Ryan Melsert, March 15, 2024 | Signature: | /s/ Scott Jolcover, March 15, 2024 | |
Name: | Ryan Melsert | Name: | Scott Jolcover |