Company: RAIN
Filing Date: 2025-07-03
Form Type: 424B3
Source: 0001213900-25-061535
Chunk: 4

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-07-03
Form: 424B3
Chunk 4
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 (“Holdco”) or one of Holdco’s subsidiaries (collectively with the Company, the
“Company Group”) we are pleased to offer you a retention bonus as described in this agreement (the “Agreement”).
This Agreement is in lieu of the contingent bonus payment in the form of an unsecured promissory note described in your offer letter with
the Company Group, including any exhibits thereto, entered into on December 31, 2024 (“Offer Letter”). Capitalized
terms have the meanings where first defined herein or in the 2024 Incentive Award Plan of Rain Enhancement Technologies Holdco, Inc. adopted
on December 19, 2024.

. In recognition of continuous service with the Company Group through and until the earlier of (a) December 31, 2028 (“Retention Bonus Date”), (b) the date on which the Company Group terminates your employment without Cause prior to the Retention Bonus
Date, or (c) the date on which a Change in Control is consummated, you shall be paid a retention bonus in the amount of Five Million Eight
Hundred Twenty-thousand Dollars ($5,820,000), less all applicable withholdings and deductions required by law (the “Retention Bonus”). The earliest date determined by clauses (a), (b) and (c) in the prior sentence is referred to as the “Bonus Entitlement Date”. The Retention Bonus will be paid to you in one lump sum cash payment, reduced by any applicable withholdings,
within five (5) business days of the Bonus Entitlement Date.

. Your employment remains at-will, meaning that you and the Company Group may terminate the employment relationship
at any time, with or without cause. Except as otherwise agreed to with the Company Group, this Retention Bonus will not be paid unless
you have been at all times since the date of this Agreement an employee of the Company Group.

.
If applicable, the payment of any amount hereunder will be subject to clawback pursuant to and in accordance with the requirements of
Section 10D and Rule 10D-1 of the Exchange Act.

. All payments under this Agreement are subject to any required tax or other withholdings. For purposes of this Agreement, a
termination of employment means a “separation from service” as defined in Section 409A of the Internal Revenue Code of
1986, as amended (“Section 409A”), unlessimmediately
before such event, compensation to you was subject to a substantial