Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 343

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 343
---
 termination of Ms. Kaiser from her membership on the Gryphon Board by the mutual agreement of Gryphon and Ms. Kaiser; (d) the removal of Ms. Kaiser from the Gryphon Board by the majority stockholders of Gryphon or the stockholder who appointed Ms. Kaiser, as applicable; and (e) the resignation by Ms. Kaiser from the Gryphon Board. During her service as a member of the Gryphon Board and for a period of one year thereafter, Ms. Kaiser will not interfere with Gryphon’s relationship with or endeavor to entice away from Gryphon, any person who, on the date of the termination of Ms. Kaiser’s service as a member of the Gryphon Board and/or at any time during the one year period prior to the termination of such service, was an employee or customer of Gryphon or otherwise had a material business relationship with Gryphon. Ms. Kaiser is also subject to a customary non -competitioncovenant in favor of Gryphon during her service as a member of the Gryphon Board and for a period of six months thereafter. Under the Director Agreement, Gryphon will indemnify Ms. Kaiser for her activities as a member of the Gryphon Board to the fullest extent permitted under applicable law and will use its best efforts to maintain Directors and Officers Insurance benefitting the Gryphon Board. The Company’s agreement with Ms. Kaiser was not renewed and Ms. Kaiser is now compensated for her service on the Gryphon Board pursuant to the director compensation program discussed above. Director Compensation for Akerna The following table sets forth the compensation granted to directors of Akerna who were not also executive officers during period between January 1, 2024 and the Akerna Closing.

| Name               |     |      Fees 
 Earned or 
   Paid in 
      Cash 
       ($) |     | Stock  
 Awards 
 ($)    |     | Option 
 Awards 
 ($)    |     | Non-equity     
 Incentive Plan 
 Compensation   
 ($)            |     | Nonqualified 
 Deferred     
 Compensation 
 Earnings     
 ($)          |     | All Other    
 Compensation 
 ($)          |     |   Total 
     ($) |
| Barry Fishman      |     |    31,396 |     | —      |     | —      |     | —              |     | —            |     | —            |     |  31,396 |
| Matt Kane          |     |    41,750 |     | —      |     | —      |     | —              |     | —