Company: GAME
Filing Date: 2025-09-08
Form Type: DEF 14A
Source: 0001641172-25-026855
Chunk: 39

Company: GameSquare Holdings, Inc.
Filing Date: 2025-09-08
Form: DEF 14A
Chunk 39
---
      |     | 24 months                      |

(1) Termination occurs within 12 months of the Change of Control.

Change of Control Provisions

For the purpose of the agreements with the officers as set forth above, “Change of Control” is defined as the acquisition by any person or entity of:

(1) shares or rights or options to acquire Common Shares or securities which are convertible into Common Shares or any combination thereof such that after the completion of such acquisition such person would be entitled to exercise 50% or more of the votes entitled to be cast at a meeting of the stockholders of the Company;

(2) shares or rights or options to acquire shares, or their equivalent, of any material subsidiary of the Company or securities which are convertible into shares of the material subsidiary or any combination thereof such that after the completion of such acquisition such person would be entitled to exercise 50% or more of the votes entitled to be cast a meeting of the stockholders of the material subsidiary; or

(3) more than 50% of the material assets of the Company, including the acquisition of more than 50% of the material assets of any material subsidiary of the Company.

Such Change of Control payments may be triggered by either the Company or the officer who elects within one year from the date of such Change of Control to elect to have such officer’s agreement terminated.

| 28 |

Summary of Termination Payments

The estimated incremental payments, payables and benefits that might be paid to the officers pursuant to the above noted agreements in the event of termination without cause or after a Change of Control (assuming such termination or Change of Control is effective as of December 31, 2024) are detailed below:

| Name                                             
 and Position                                     |     | Severance                        
 on Termination not for Cause ($) |     | Severance                                                        
 on Termination not for Cause following Change of Control ($) (1) |
| Justin                                           
 Kenna,                                           
 Chief Executive Officer and Board Member         |     |                                  |     |                                                                  |
| Salary/Fees                                      |     | US$600,000                       |     | US$1,200,000                                                     |
| Bonus:                                           |     | Nil                              |     | Nil                                                              |
| Benefits:                                        |     | 12                               
 months                           |     | 18                                                               
 months                                                           |
| Total:                                           |     | US$600,000                       |     | US$1,200,000                                                     |
| Louis                                            
 Schwartz,                                        
 President and Chairman of