Company: BLNE
Filing Date: 2025-04-28
Form Type: 10-K/A
Source: 0001641172-25-006441
Chunk: 11

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-28
Form: 10-K/A
Chunk 11
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4 Mr. Moe earned a $140,672 bonus, of which
he has been paid $20,096. The bonus related to Beeline’s June 5, 2024 recapitalization which included issuance of the Debentures.

Geoffrey Gwin. Mr. Gwin serves as President
of Bridgetown Spirits Corp. pursuant to an oral employment agreement for a salary of $325,000 per year.

The Company had previously entered into a three-year
Executive Employment Agreement with Mr. Gwin dated July 3, 2024, which was amended on October 7, 2024 (the “Prior Agreement”)
under which Mr. Gwin previously served as Chief Executive Officer of the Company on a full-time basis. The Prior Agreement was terminated
in March 2025 in connection with Mr. Gwin’s resignation as the Company’s Chief Executive Officer. He also previously served
as the Company’s Chief Financial Officer until October 7, 2024.

The Prior Agreement provided for a base salary
of $300,000 per year increasing to $350,000 based on performance. In addition, the Prior Agreement provided for a bonus of $90,000 for
special services during 2024. As authorized by the Prior Agreement, Mr. Gwin accepted 18,000 shares of the Company’s Common Stock
during October 2024 in satisfaction of the Company’s special services payment obligation. In addition, the Company issued 40,000
shares of common stock to Mr. Gwin, which vested in March 2025. Under the Prior Agreement the Company also agreed that in the event that
the conversion price of the Company’s Series F is reduced, the Company will issue to Mr. Gwin a number of common shares equal to
one percent of the additional shares issued as a result of the adjustment.

In connection with Mr. Gwin’s resignation
as Chief Executive Officer of the Company and appointment as President of Bridgetown Spirits Corp., in April 2025 the Board approved and
the Company issued Mr. Gwin 10,000 shares of common stock. Because this issuance occurred subsequent to 2024, it is not reflected in the
table above.

| 8 |

Director Compensation

The following table sets forth the compensation
awarded to, earned by or paid to the non-employee members of our Board for services rendered as a director during the fiscal year ended
December 31, 2024.

| Name*                      |