Company: GEDC
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001641172-25-002190
Chunk: 906

Company: CalEthos, Inc.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 11
Chunk 906
---
 salary for the lesser of six
(6) months or the remaining term of the Employment Agreement, subject to Mr. Stone signing a timely and effective separation agreement
containing a release of all claims against us and other customary terms; provided, however, that if such termination is between the 91st
day and the end of the first year of employment, Mr. Stone will be entitled to a pro rata portion of such payment.

The
Employment Agreement contains customary confidentiality restrictions and work-product provisions with respect to Mr. Stone, as well as
customary non-competition covenants and non-solicitation covenants with respect to our employees, consultants and customers.

19

Consulting
Agreements

On
October 20, 2018, we entered into a consulting agreement with DSS Consulting Corporation, a corporation controlled by Dean Skupen, our
Chief Financial Officer (“DSS Consulting”), pursuant to which DSS Consulting agreed to continue to provide consulting services
to our company and to cause Mr. Skupen to serve as our Chief Financial Officer. The agreement with DSS Consulting will continue until
terminated by either party. Pursuant to such agreement, DSS Consulting was issued 250,000 shares of common stock in March 2019 and DSS
Consulting will be paid a monthly consulting fee in the amount of $5,000. The consulting agreement contains customary confidentiality
restrictions and work-product provisions, as well as customary non-competition covenants and non-solicitation covenants with respect
to our employees, consultants and customers.

Equity
Compensation Plan Information

The
following table provides information as of December 31, 2024, regarding our compensation plans under which equity securities are authorized
for issuance:

    Plan
    category
     
    Number
    of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights

    Weighted-
    Average Exercise Price of Outstanding Options, Warrants and Rights

     Number
    of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column (a))

    (a)

    (b)

    (c)

    2021
    Equity compensation plan approved by security holders

    8,204,000

    $
    0.97

    1,796,000

    Equity
    compensation plans not approved by security holders

    —

    —

    —

    Total

    8