Company: ORBS
Filing Date: 2025-09-10
Form Type: 8-K
Source: 0001493152-25-013003
Chunk: 2

Company: Eightco Holdings Inc.
Filing Date: 2025-09-10
Form: 8-K
Item: Item 3.02
Chunk 2
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 six months, subject
to continued employment and the terms of the Company’s equity incentive plan and a separate award agreement. Mr. O’ Donnell
is also eligible to participate in the Company’s employee benefit plans and will be reimbursed for reasonable business expenses.

Mr.
Vroman’s Agreement provides that he will continue as Chief Financial Officer for a one-year term commencing on a date to be determined
in 2025. Mr. Vroman will receive an annualized base salary of $350,000, payable in accordance with the Company’s
regular payroll practices. He is eligible for a one-time cash bonus equal to 175% of his base salary ($612,500), payable within
thirty days following the twelve-month anniversary of the start date, subject to the same conditions as Mr. O’ Donnell’s bonus. Mr.
Vroman is also eligible to participate in the Company’s employee benefit plans and will be reimbursed for reasonable business expenses.

If
the employment of Mr. O’ Donnell or Mr. Vroman is terminated by the Company without cause or by the executive for good reason (as
defined in their respective agreements), the executive will be entitled to accrued but unpaid base salary and reimbursable expenses through
the date of termination, the pro rata portion of base salary for the remainder of the term, an additional six months of base salary and
benefits, immediate and full vesting of any outstanding equity securities, and the full amount of the applicable bonus. In
the event of a change of control (as defined in the agreements), if the executive’s employment is terminated by the Company without
cause or by the executive for good reason within twelve months following such change of control, the executive will be entitled to the
payments and benefits described above. The Agreements also contain customary confidentiality and return of property provisions.

There
are no family relationships between Mr. O’ Donnell or Mr. Vroman and any director or executive officer of the Company, and neither
has any direct or indirect material interest in any transaction required to be disclosed under Item 404(a) of Regulation S-K. The foregoing
descriptions of the Agreements do not purport to be complete and are qualified in their entirety by reference to the full text of the
Agreements, which are filed as Exhibits 10.12 and 10.13 hereto and incorporated by reference herein.

Item
7.01. Regulation FD Disclosure.

On
September 8, 2025, the Company