Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 341

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 341
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500 and (iii) an additional committee member retainer of $10,000. A director could not receive both a committee chairperson and a member retainer for service on the same committee. The retainers were earned on a quarterly basis and paid in arrears not later than 30 days following the end of each calendar quarter. Prior to the Akerna Closing, Gryphon did not have a formal compensation policy for non -employeedirectors and instead entered into Director Agreements with its directors. On October 1, 2024, based on a market study conducted by Korn Ferry, who was engaged as a compensation consultant, the Gryphon Board approved the following Director Compensation Program:

| Element                                                |     | Amount |         |
|:-------------------------------------------------------|:----|:-------|--------:|
| Annual Gryphon Board Cash Retainer                     |     | $      |  60,000 |
| Annual Equity Award                                    |     | $      | 160,000 |
| Annual Audit Committee Member Retainer                 |     | $      |  10,000 |
| Annual Compensation Committee Member Retainer          |     | $      |   7,500 |
| Annual Nominating/Governance Committee Member Retainer |     | $      |   7,500 |
| Annual Gryphon Board Chair Additional Retainer:        |     | $      |  40,000 |
| Annual Audit Chair Additional Retainer                 |     | $      |  20,000 |
| Annual Compensation Chair Additional Retainer          |     | $      |  15,000 |
| Annual Nominating/Governance Chair Additional Retainer |     | $      |  15,000 |

| Name                          |     |    Fees 
  Earned 
     ($) |     |   Stock 
  Awards 
     ($) |     |   Total 
     ($) |
| Jimmy Vaiopoulos, Chairperson |     |  21,750 |     | 206,972 |     | 228,722 |
| Heather Cox                   |     |  56,250 |     | 165,578 |     | 221,828 |
| Daniel Tolhurst               |     |  25,388 |     | 165,578 |     | 190,966 |
| Brittany Kaiser               |     | 120,316 |     | 165,578 |     | 285,894 |
| Dan Grigorin                  |     |  11