Company: BTBT
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001213900-25-030356
Chunk: 24

Company: Bit Digital, Inc
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 24
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 as a performance measure in its executive compensation program.

15 Compensation Actually Paid and Performance Measures The charts below show, for the past three years, the relationship between the compensation actually paid to our PEO and the average compensation actually paid to our non -PEONEOs as a group to (i) the Company’s cumulative TSR; and (ii) the Company’s net loss. 16 All information provided above under the“ Pay Versus Performance” heading will not be deemed to be incorporated by reference in any filing by the Company under the Securities Act of 1933, as amended, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing. Employment Agreements Erke Huang On October 28, 2022, the Company and Erke Huang entered into an employment agreement pursuant to which the Company paid Mr. Huang $60,000 per annum as Chief Financial Officer of the Company. In connection with a change in senior management of the Company, Mr. Huang’s base salary was increased to $600,000, with such compensation commencing on March 10, 2023. The agreement is for a term of two (2) years and will renew automatically for one -yearterms when not terminated by either party. Mr. Huang is eligible for bonuses as determined by the Board and eligible to participate in equity incentive plans of the Company. The Company shall also reimburse Mr. Huang for reasonable and approved expenses incurred by him in connection with the performance of his duties under his employment agreement. Mr. Huang is subject to a one -yearnon -competitionand non -solicitationcovenant from the date of termination of employment for any reason. The Company and Mr. Huang also entered into a director agreement on October 28, 2022, pursuant to which the Company agreed to pay Mr. Huang one thousand (US$1,000) dollars per quarter for serving on the Board. The Company shall also reimburse Mr. Huang for reasonable and approved expenses incurred by him in connection with the performance of his duties under his director agreement. Under the director agreement, Mr. Huang is subject to a one -yearnon -competitioncovenant and a three -yearnon -solicitationcovenant. Mr. Huang has no family relationship with any of the executive officers of the Company. Sam Tabar Mr. Tabar has been employed under a two -yearEmployment Agreement, effective March 31, 2021, on substantially the same terms as the Employment Agreement described above for Mr. Bul