Edgemode, Inc. and Simon Wajcenberg Salary Conversion Letter Agreement (February 20, 2025)
Edgemode, Inc. and its Chief Financial Officer, Simon Wajcenberg, have agreed that $769,989 of Mr. Wajcenberg’s accrued salary will be converted into 256,660,163 shares of restricted common stock in the company. By signing this agreement, Mr. Wajcenberg accepts the shares as full payment for the specified salary amount. The agreement is effective as of February 20, 2025.
Exhibit 10.2
EDGEMODE, INC.
Attention: Simon Wajcenberg
Re: Salary Conversion
Dear Executive,
Edgemode, Inc. (the “Company”) in partial consideration of the Executive’s agreement to convert $769,989 of accrued salary (the “Conversion Amount”) under such agreement hereby issues Executive 256,660,163 shares of restricted common stock of the Company (the “Conversion Shares”) and the Executive accepts the Conversion Shares in full satisfaction of the Conversion Amount.
Very truly yours,
/s/ Charlie Faulkner________________
Charlie Faulkner, Chief Executive Officer
Dated: February 20, 2025
AGREED TO AND ACCEPTED ON FEBRUARY 20, 2025
Executive
/s/ Simon Wajcenberg________________
Simon Wajcenberg, Chief Financial Officer
