Company: CHUC
Filing Date: 2025-07-03
Form Type: DEFR14A
Source: 0001437749-25-022145
Chunk: 25

Company: Charlie's Holdings, Inc.
Filing Date: 2025-07-03
Form: DEFR14A
Chunk 25
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 Reason (as defined therein), he will be entitled to receive his base salary and benefits for a period of one year. In the event of a change in control, all unvested equity awards will immediately vest.

Henry Sicignano. On April 1, 2021, the Board of Directors of the Company entered into an Employment Agreement (the "Agreement") with Henry Sicignano III, MBA, pursuant to which the Company appointed Mr. Sicignano to serve as President of the Company. Pursuant to the Agreement, Mr. Sicignano will serve as President for an initial period of two years, renewable on an annual basis unless earlier terminated by the Company or Mr. Sicignano. Pursuant to the Agreement, Mr. Sicignano will serve as President. In the event that Mr. Sicignano is terminated by the Company without Cause (as defined therein) or in the event Mr. Sicignano terminates his employment for Good Reason (as defined therein), he will be entitled to receive his base salary and benefits for a period of one year. In the event of a change in control, all unvested equity awards will immediately vest.

Equity Compensation Plan Information

The following table includes information as of December 31, 2024 for our equity compensation plans:

| Plan category                                          |     | Number of    
 securities   
 to be issued 
 upon         
 exercise of  
 outstanding  
 options      
 and rights   
 (a)          |            |     | Weighted-   
 average     
 exercise    
 price of    
 outstanding 
 options     
 and rights  
 (b)         |      |     | Number of securities          
 remaining                     
 available for future issuance 
 under                         
 equity compensation plans     
 (excluding securities         
 reflected in                  
 column (a))                   
 (c)                           |           |
|:-------------------------------------------------------|:----|:-------------|-----------:|:----|:------------|-----:|:----|:------------------------------|----------:|
| Equity compensation plans approved by stockholders     |     |              | 26,072,542 |     | $           | 0.58 |     |                               | 4,495,571 |
| Equity compensation plans not approved by stockholders |     |              |          – |     | $           |    – |     |                               |         – |
| Total                                                  |     |              | 26,072,542 |     | $           | 0.58 |     |                               | 4,495,571 |

2019 Omnibus Incent