Company: TPET
Filing Date: 2025-01-17
Form Type: 10-K
Source: 0001493152-25-002760
Chunk: 735

Company: Trio Petroleum Corp.
Filing Date: 2025-01-17
Form: 10-K
Item: Item 1C
Chunk 735
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 Company and Mr. Overholtzer ended and on January 1, 2025, the Company entered into an independent
contractor agreement with Mr. Overholtzer, under which he continues to serve as the Chief Financial Officer of the Company and is paid
a monthly fee of $12,500; the initial term of the agreement is for one year and will be automatically renewed unless either party provides
a 30-day notice prior to the expiration of the agreement.

Consulting
Agreement with Redwood Empire Financial Communications, LLC

On January 1, 2025, the Company entered into a
consulting agreement with Redwood Empire Financial Communications, LLC for investor communications services; the agreement includes monthly
compensation of $7,500, as well as the issuance of 20,000 restricted shares upon the funding of the Company’s Form S-1. The initial
term of the agreement is for one year and may be terminated by either party upon sixty days’ notice.

F-28