Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 279

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 279
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 units in satisfaction
of a debt obligation of Amplify to Mr. de Silva in the amount of approximately $0.8 million. Mr. de Silva, our former Chief Executive
Officer and one of our former directors, was our Chief Executive Officer and one of our directors at the time of the transaction.

GEX Consulting Agreement

On September 9, 2020, we entered into a consulting
agreement with GEX Management, Inc. (“GEX”) under which we agreed to pay $20,000 per month for finance and consulting
services performed by GEX (the “GEX Agreement”). We paid GEX less than $0.1 million in the year ended December 31,
2022, and approximately $0.2 million and $0.2 million in the years ended December 31, 2021 and 2020, respectively. Sri Vanamali, a former
director of ours, was engaged to provide services as a consultant for us under the GEX Agreement.

Ryan Kavanaugh Employment Agreement

On October 9, 2019, we entered into an employment
agreement with Ryan Kavanaugh under which we agreed to pay Mr. Kavanaugh a base salary of $1 million per year and a performance bonus
determined annually by our board of directors based on attainment of performance goals established annually by the board. Under that agreement,
provided Mr. Kavanaugh was still employed by us and not in material uncured breach of his agreement, we also agreed that we will issue
to Proxima warrants each time we offer to sell “Covered Securities,” (as defined below) in a public or private offering after
the effective date of this employment agreement, to acquire up to the amount of “Covered Securities” needed to enable Proxima
to maintain its percentage interest as of immediately prior to such sale for the same price and on the same terms as the Covered Securities
were offered. In the employment agreement, “Covered Securities” means any Class A common unit or other equity interest
in us and any right, option or warrant to purchase or securities convertible into or exercisable or exchangeable for Class A common unit
or other equity interests in us other than securities that are issued by us pursuant to any employment contract, employee incentive or
benefit plan, stock purchase plan, stock ownership plan, stock option or equity compensation plan or other similar plan where stock is
being issued or offered to a trust, other entity to or for the benefit of any employee, consultant, officer or director of