Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 221

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 221
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, renew, extend or amend or waive any right under any contract with any related party; •except as required by applicable law the terms of any employee plan as in effect as of the date the Merger Agreement, (i) adopt, amend, establish or terminate any employee plan; (ii) grant, amend or pay any change in control, retention or severance to (or amend any existing arrangement with) any current or former director, officer, employee or individual independent contractor or other service provider of Gryphon or its subsidiaries (referred to together as “ service providers”); (iii) grant or amend any long -termcash, equity or equity -basedawards to or discretionarily accelerate the vesting or payment of any such awards held by, any service provider; (iv) increase the compensation, bonus or other benefits payable to any service provider; (v) fund or promise to fund (through a grantor trust or otherwise) any compensation or benefits payable or to be provided under any employee plan; or (vi) hire any service provider; •waive, release, amend or fail to enforce the material restrictive covenant obligations of any current or former service provider; •make any material change in any method of accounting or accounting principles or practice, except for any such change required by U.S. GAAP or Regulation S -Kunder the Exchange Act, as approved by Gryphon’s independent public accountants; 108 •(i) make or change any material tax election, (ii) change any annual tax accounting period, (iii) adopt or change any material method of tax accounting, (iv) enter into any material closing agreement with respect to taxes, (v) enter into any tax sharing agreement, (vi) surrender or allow to expire any right to claim a refund of taxes, (vii) consent to any extension or waiver of the limitation period applicable to any claim or assessment in respect of taxes or (viii) settle or surrender any material tax claim, audit or assessment; •settle or compromise or propose to settle or compromise, any claim, action, suit, investigation or proceeding, pending or threatened and involving or against Gryphon or any of its subsidiaries; •enter into any transaction between Gryphon or any of its subsidiaries, on the one hand and any of Gryphon’s affiliates (other than itself and its subsidiaries), on the other hand; •write up, write down or write off the book value of any of its assets, other than (i) in the ordinary course of business and