Company: RAIN
Filing Date: 2025-01-07
Form Type: 8-K
Source: 0001213900-25-001708
Chunk: 2

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-01-07
Form: 8-K
Item: Item 2.03
Chunk 2
---
 as Vice President/General Manager of East Region
at StorageTek. From 2003 to 2004, he served as Chief Executive Officer and director at Permabit, from 2000 to 2003 was co-founder and
Executive Vice President of GiantLoop, and from 1996 to 1999 was Chairman and Chief Executive Officer of Workgroup Solutions. He began
his career at EMC Corporation, holding various positions including Vice President of Open Systems Sales for North America from 1985 to
1996. Mr. Seidl has served on as a director of Ondas Holdings Inc. since 2020. Since 2015, Mr. Seidl has served as director of Data
Dynamics, a privately held company, a leader in enterprise data management, empowering businesses to orchestrate Data Democratization
and Digital Privacy and Trust in an AI-driven world. He previously served as director of Datawatch Corporation (2015-2018, Nasdaq:
DWCH, acquired by Altair). He continues to serve on the advisory boards or consults with ZoomInfo, AuctusIQ, TitanX/Phone Ready Leads,
Sandler, ISG, Avnir, SmartSource, Convertiv, Iternal, Gong, M3ter, Humantic. ai, Liminal, The Alexander Group, Spotlight, salesbricks,
Aviso, Corent, and Hammerspace. Mr. Seidl is a graduate of Boston College’s Carroll School of Management. Mr. Seidl serves
as a trustee on Boston College’s Board of Trustees, on the Board of Trustees of St. Sebastian’s School, and is active with
other charities. We believe Mr. Seidl’s experience in senior leadership positions at public technology companies makes him
well-qualified to serve as our Co-Chief Executive Officer.

Alexandra
Steele

Lyman
Dickerson

J.
Eric Smith

Randy
Seidl’s Offer Letter

On
the Closing Date, Holdco and Randy Seidl entered into a binding offer letter (the “ Offer Letter Note

Mr.
Seidl will be eligible to participate in Holdco’s comprehensive employee benefit offerings, including a 401(k) plan and various
health and welfare benefits. The Offer Letter also provides that Mr. Seidl will be eligible to participate in any additional executive-level
plans that Holdco may adopt for similarly situated employees.

Mr.
Seidl’s employment with Holdco will be “at-will,” meaning either Holdco or Mr.