Company: ZNOG
Filing Date: 2025-03-28
Form Type: PRE 14A
Source: 0001437749-25-009798
Chunk: 32

Company: ZION OIL & GAS INC
Filing Date: 2025-03-28
Form: PRE 14A
Chunk 32
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, any actual amounts paid or payable may be different than those shown in this table. Factors that could affect these amounts include the basis for the termination, the date the termination event occurs, the base salary of an executive on the date of termination of employment and the price of our Common Stock when the termination event occurs.

The following table sets forth the compensation that would have been received by each of the Company’s Named Executive Officers had they been terminated as of December 31, 2024.

| Name                |     | Salary          
 Continuation(1) |         |     | Bonus |   |     | Accrued      
 Vacation Pay |   |     | Total 
 Value |         |
| John M. Brown       |     |                 | 231,000 |     |       | — |     |              | — |     |       | 231,000 |
| William H. Avery    |     |                 | 250,000 |     |       | — |     |              | — |     |       | 250,000 |
| Michael B. Croswell |     |                 | 265,000 |     |       | — |     |              | — |     |       | 265,000 |
| Robert Dunn         |     |                 | 300,000 |     |       | — |     |              |   |     |       | 300,000 |

____________

| (1) | Represents 12 months of 2024 base salary. |

<div align='center'>22

DIRECTOR COMPENSATION</div>

Our non-employee director compensation program in 2024 consisted of two principal elements: (1) board fees ($1,500 per month) and, if applicable, committee chairperson fees ($1,000 per month) and (2) grants of stock options.Pursuant to the monthly board fees described above, non-employee directors received an annual payment of $18,000 in 2024 and each chairperson or co-chairperson of a committee received an additional $12,000 in annual payments. We also reimburse directors for travel, lodging and related expenses they incur in attending Board and committee meetings.

The following table summarizes compensation paid to our non-management directors during the fiscal year ended December 31, 2024.

| Name                |     | Fees Earned 
 or Paid in  
 Cash        |        |     | Stock  
 Awards |     | Option    
 Awards(1) |     | All Other    
 Compensation |       |     |