Amendment to Offer Letter between American Battery Technology Company and Andrs Meza dated, March 15, 2024
Exhibit 10.3
AMENDMENT TO OFFER LETTER
American Battery Technology Company, a Nevada corporation (the “Company”) and Andrés Meza 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 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 50,000 RSUs and 50,000 warrants with a five-year expiration at an exercise price of $2.00 per share in lieu of $100,000 in cash compensation. The RSUs and warrants shall vest immediately upon you being entitled to receive cash compensation in the amount of $100,000.
American Battery Technology Company, a Nevada corporation | ||||
Signature: | /s/ Ryan Melsert, March 15, 2024 | Signature: | /s/ Andrés Meza, March 15, 2024 | |
Name: | Ryan Melsert | Name: | Andrés Meza |