Company: DJTWW
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001140361-25-004822
Chunk: 122

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 9A
Chunk 122
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 that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

          /s/ Semple, Marchal & Cooper, LLP

          Certified Public Accountants

          We have served as the Company’s auditor since 2024.

          Phoenix, Arizona

          February 14, 2025

              85

    Item 9B.

                    Other Information

              (a)        On October 10, 2024, the Company entered into a separation agreement (the “Separation Agreement”) with
                Andrew Northwall, who resigned as the Company’s Chief Operating Officer effective September 28, 2024 (the “Separation Date”). Pursuant to the Separation Agreement, Mr. Northwall is entitled to receive (i) the unpaid balance of his base
                salary for 30 days following the Separation Date, (ii) an additional lump sum payment of $60,833.33, reflecting two months’ salary, and (iii) $182,500.00, reflecting six months of regular wages, to be paid in six equal installments over 14
                months following the Separation Date. The foregoing description of the Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Separation Agreement, a copy of which is filed
                as Exhibit 10.15.

              (b)        On August 9, 2024, Phillip Juhan, our Chief Financial Officer, adopted a trading plan intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended.  Mr. Juhan sold an aggregate of 384,000 shares of our common stock in November 2024 before terminating the plan. 

                      Item 9C. 

                      Disclosure Regarding Foreign Jurisdiction that Prevents Inspections

            Not applicable.

            PART III - OTHER INFORMATION

    Item 10.

                    Directors, Executive Officers and Corporate Governance

            Information Regarding Directors and Executive Officers.

            The information required by this Item 10 relating to officers and directors and nominees for election to the Board of Directors is incorporated by reference to
              the Proxy Statement.

            Compliance with Section 16(a) of the Exchange Act.

            If applicable, the information required by this Item 10 with respect to compliance with Section 16(a) of the Exchange Act contained under the caption
              “Delin