Company: DJTWW
Filing Date: 2025-03-18
Form Type: DEF 14A
Source: 0001140361-25-009143
Chunk: 45

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-03-18
Form: DEF 14A
Chunk 45
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 agreement provides for the indemnification and advancement by TMTG of certain expenses and costs relating to claims, suits or proceedings arising from service to TMTG or, at its request, service to other entities, as officers or directors, to the maximum extent permitted by applicable law. Consulting Agreements In August 2021, TMTG Sub entered into a Consulting Services Agreement with Hudson Digital, LLC (“ Hudson Digital”). Pursuant to the agreement, which (as amended) expired December 31, 2024, Hudson Digital provided consulting services to TMTG. Hudson Digital also received a promissory note from TMTG in the principal amount of $4.0 million, which converted into common shares immediately before the Closing, and a $600,000 retention bonus following the Closing. During the years ended December 31, 2024, 2023 and 2022, we paid $840,000, $240,000 and $240,000, respectively, to Hudson Digital. As of December 31, 2024 and December 31, 2023, TMTG had no outstanding payable balances to Hudson Digital. Hudson Digital is owned by Daniel Scavino, who served as a director of TMTG Sub from February 16, 2023 until March 25, 2024. Mr. Scavino has not served as an officer or director of TMTG. On June 13, 2022, TMTG Sub entered into a Consulting Services Agreement with Trishul, LLC (“ Trishul”). Pursuant to such agreement and subsequent performance by the parties thereto, Trishul provided consulting services 30 TABLE OF CONTENTS to Digital World until the consulting relationship was terminated by TMTG Sub upon the Closing of the Business Combination. During the years ended December 31, 2024, 2023 and 2022, TMTG paid approximately $38,333, $131,700 and $50,000, respectively, to Trishul. As of December 31, 2024 and December 31, 2023, TMTG had no outstanding payable balance to Trishul. Trishul is owned by Kashyap “Kash” Patel, a former director of TMTG and TMTG Sub. Non-Competition and Non-Solicitation Agreements On March 25, 2024, each of the Company’s directors and officers entered into a Non-Compete and Non-Solicitation