Company: HSDTW
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001558370-25-003622
Chunk: 28

Company: Solana Co
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 28
---
 the last day of each fiscal quarter beginning on September 30, 2024.

<div align='center'>16</div>

Retirement Benefits and Other Compensation Our named executive officers do not participate in, or otherwise receive any benefits under, any pension or deferred compensation plan sponsored by us. We provide our employees a percentage match to the contributions made by our employees to the Company’s 401(k) savings plan and we provide life insurance benefits to our named executive officers. Our named executive officers were eligible to participate in our employee benefits, including health benefits, on the same basis as our other employees. We generally do not provide perquisites or personal benefits except in limited circumstances. Employment Agreement and Arrangements (including Payments upon Termination or Change in Control) Dane C. Andreeff In connection with the Company’s appointment of Mr. Andreeff as President and Chief Executive Officer on June 14, 2021, the Company entered into an Employment Agreement with Mr. Andreeff (the “ Andreeff Employment Agreement”). The Andreeff Employment Agreement has an initial term of three years beginning on June 14, 2021 and automatically renews for an additional one year period at the end of the initial term and each anniversary thereafter, provided that at least 90 days prior to the expiration of the initial term or any renewal term the Board does not notify Mr. Andreeff of its intention not to renew. The Andreeff Employment Agreement entitles Mr. Andreeff to, among other benefits, the following compensation:

| ● | An annual base salary of $350,000, reviewed at least annually; |

| ● | An annual cash bonus in an amount of up to 50% of annual base salary; provided, that the Company may elect to pay up to 50% of any earned annual bonus in fully vested shares of common stock in lieu of cash; |

| ● | Participation in equity-based long-term incentive compensation plans generally available to senior executive officers of the Company; |

| ● | Participation in welfare benefit plans, practices, policies and programs (including, without limitation, medical, prescription, dental, disability, employee life, group life, accidental death and travel accident insurance plans and programs) made available to other senior executive officers of the Company; |

| ● | Prompt reimbursement for all reasonable expenses in accordance with the plans, practices, policies and programs of the Company; and |

| ● | 20 days of paid vacation, to be taken in accordance with the Company’s policies