# EDGAR Filing Document

**Accession Number:** 0001714781
**File Stem:** 0001104659-25-118443
**Filing Date:** 2025-12
**Character Count:** 26371
**Document Hash:** ebfd29619c973406c13568de25973110
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-118443.hdr.sgml**: 20251204

**ACCESSION NUMBER**: 0001104659-25-118443

**CONFORMED SUBMISSION TYPE**: 1-U

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251201

**ITEM INFORMATION**: Departure of Certain Officers

**FILED AS OF DATE**: 20251204

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TerraCycle US Inc.
- **CENTRAL INDEX KEY:** 0001714781
- **STANDARD INDUSTRIAL CLASSIFICATION:** REFUSE SYSTEMS [4953]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 822479091
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 1-U
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 24R-00143
- **FILM NUMBER:** 251549287

**BUSINESS ADDRESS:**
- **STREET 1:** 121 NEW YORK AVENUE
- **CITY:** TRENTON
- **STATE:** NJ
- **ZIP:** 08638
- **BUSINESS PHONE:** 6096565100

**MAIL ADDRESS:**
- **STREET 1:** 121 NEW YORK AVENUE
- **CITY:** TRENTON
- **STATE:** NJ
- **ZIP:** 08638

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 1-U**

**Current Report Pursuant to Regulation A**

**Date of Report (Date of earliest event reported): December 1, 2025**

**TerraCycle US Inc.**

(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **Delaware** | **82-2479091** |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |

---

**121 New York Avenue**

**Trenton, NJ 08638**

(Mailing Address of principal executive offices)

**(609) 656-5100**

Issuer's telephone number, including area code

Outstanding securities qualified pursuant to Regulation A:

Class A Preferred Stock

**Item 7. Departure of Damian Finio and Appointment of Javier Daly**

As previously disclosed in our filing on [Form 1-U](https://www.sec.gov/Archives/edgar/data/1714781/000110465925101800/tm2529360d1_1u.htm) filed on October 22, 2025, Damian Finio, Chief Financial Officer of TerraCycle, Inc. (the "Parent Company") and Director of Terracycle US Inc. (the "Company"), resigned as the Chief Financial Officer of the Parent Company and Director of the Company, effective as of December 31, 2025. On December 1, 2025, Javier Daly the former Chief Financial Officer of the Parent Company entered into a consulting agreement with the Parent Company (the "Consulting Agreement") to become a consultant effective as of December 1, 2025 in preparation for becoming the interim Principal Financial Officer of the Parent Company. Mr. Daly will serve in this role from January 1, 2026 until a replacement Chief Financial Officer of the Parent Company is identified. In his role as the interim Principal Financial Officer, Mr. Daly will also serve as the Chief Financial Officer and Chief Accounting Officer of the Company. The Consulting Agreement is attached as Exhibit 6.14 to this Form 1-U.

 **Exhibit Index**

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| [6.14](tm2532771d1_ex6-14.htm) | [Consulting Agreement (Javier Daly)](tm2532771d1_ex6-14.htm) |

---

**SIGNATURES**

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| TERRACYCLE US INC. | TERRACYCLE US INC. |
| By: | /s/ *Tom Szaky* |
| Name: | Tom Szaky |
| Title: | Chief Executive Officer |
| Date: | December 4, 2025 |

---

## Ex1U-6

**Exhibit 6.14**

December 1, 2025

Javier Daly

22151 Bella Lago Dr. Apt. 1101

Boca Raton, FL 33433

Re: <u>Independent Contractor Agreement</u>

Dear Javier:

This letter Agreement sets forth the terms pursuant to which you ("You" or "Contractor") are being retained by TerraCycle, Inc. ("TerraCycle" or the "Company") as an independent contractor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Scope of Services.</u> As TerraCycle's former Chief Financial Officer ("CFO") having retired from that office as of October 2, 2023, You are being retained as a Principal Financial Officer ("PFO") on an interim basis to TerraCycle in connection with the transition of TerraCycle's current Chief Financial Officer to a yet-to-be identified individual. Your services to be provided hereunder are referred to as the "Services." The Scope of Your Services are further set forth on Schedule A to this Independent Contractor Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Term.</u> The term of this engagement shall begin on December 1, 2025 and terminate within four (4) weeks of a new CFO having been appointed by the Company. For avoidance of doubt, you will assume the formal PFO responsibilities on January 1, 2026 following the current CFO fully completing his transition as of December 31, 2025. This engagement is terminable at any time by either party with or without cause. On termination of this Agreement, TerraCycle's obligation to pay any compensation except for services or expenses already accrued or incurred will terminate; provided, however, that such termination will not affect your obligations under Paragraph 7 (Confidential Information) or Paragraph 8 (Return of Property) of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>Fees.</u> The Company agrees to pay you a daily fee of one thousand four hundred and forty dollars ($1,440) (based on eight (8) hours per day at $180 per hour) ("Consulting Fee"), and you agree to work two (2) days per week during the Term of this Agreement, the specific days to be agreed among the parties, with the understanding these days would not be Mondays or Fridays. You will submit a monthly invoice to the Company's General Counsel for each of the days spent during the previous month for approval and processing of the Consulting Fee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>Expenses.</u> TerraCycle will reimburse you for all reasonable, documented, out-of-pocket expenses incurred by you at the specific request and upon the prior written approval of TerraCycle which are not part of your normal business expenses.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Independent Contractor Capacity.</u> You are retained as an independent contractor and nothing contained herein shall be deemed to place TerraCycle and you in the relationship of employer-employee, principal-agent, partner or joint venturer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. The services which you will provide under this Agreement are limited and you shall not make decisions on behalf or TerraCycle or hold
yourself out as having authority to make decisions on behalf of TerraCycle.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. You and TerraCycle agree that your retention is not exclusive to TerraCycle and that you may continue
to provide services to third parties as long as the provision of such services to third parties does not interfere with your performance
under this Agreement, create a conflict of interest with TerraCycle, or disclose TerraCycle's confidential, trade secret, or business
information. You represent that you provide services to other clients on a regular basis and will continue to do so during the term of
this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. You agree that as an independent contractor to TerraCycle, you have the sole right to control and direct
the means, manner and method by which the services required by this Agreement will be performed. You have the right to perform the services
required by this Agreement at any place or location and at such times as you may determine. To the extent you determine that your performance
of the services will best be served by operating out of TerraCycle's offices, TerraCycle will provide space within its offices for
you to so perform.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. You agree that TerraCycle shall not be obligated to and will not withhold any income, FICA, disability
or any other federal, state, or local tax or contribution of any kind on any compensation paid to you or on any expense for which you
are reimbursed under this Agreement. You agree that TerraCycle is in no way responsible for such taxes or contributions and you agree
to indemnify and hold harmless TerraCycle against any tax, contribution, penalty, interest or loss due to such failure to withhold. Your
duty to account to the relevant tax and other authorities shall be your sole responsibility and you further agree to indemnify and hold
harmless TerraCycle against any costs, claims, proceedings or other matters which may involve TerraCycle as a result of your failure to
so account.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. You agree that, under this Agreement, you are not entitled to any pension, profit sharing, vacation pay,
sick leave, social security, worker's compensation, health, disability, unemployment insurance or other employee welfare or fringe
benefits of any kind and you expressly waive your right to participate in any such plans and release TerraCycle, its officers, directors,
affiliates, subsidiaries, parent, successors and assigns from any and all claims to any such benefits. You agree that TerraCycle shall
make no state or federal unemployment compensation payments on your behalf, and that you will not be entitled to these benefits in connection
with work performed under this Agreement. TerraCycle shall not provide any insurance coverage of any kind.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Representations and Warranties.</u> You represent, warrant and covenant that: (a) you possess full power and authority to enter into and perform the services identified in this Agreement and that this engagement does not violate the terms of any agreement between you and a third party; (b) you will be responsible for payment of all necessary social security and other federal, state and local tax payments resulting from your performance as an independent consultant under this Agreement; and (c) you have complied with all federal, state and local laws regarding business permits and licenses that may be required to complete the services under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Confidentiality.</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Nonuse and Nondisclosure</u>. Contractor will not, during or after the term of this Agreement, (i) use
Confidential Information for any purpose whatsoever other than the performance of the Services on behalf of the Company, or (ii) disclose
Confidential Information to any third party. Disclosure of Confidential Information shall not be prohibited if such disclosure is directly
pursuant to a valid and existing order of a court or other governmental body or agency, provided, however, that (a) Contractor shall
first give prompt notice to the Company of any such possible or prospective order (or proceeding pursuant to which any such order may
result) and (b) the Company shall have been afforded a reasonable opportunity to prevent or limit any such disclosure. Contractor
also agrees to take all reasonable precautions to prevent any unauthorized disclosure of Confidential Information. Contractor agrees that
all Confidential Information will remain the property of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. "Confidential Information" means any non-public information and derivative works provided
or made available to Contractor by the Company or any other non-public information that relates to the actual or anticipated business
or research and development of the Company or its technical data, trade secrets or know-how, including, but not limited to, research,
developments, inventions, processes, formulas, technology, designs, drawings, software, hardware configurations, sales and marketing plans
and strategies, prices and costs, customer and supplier names and contact information (including, but not limited to customers and suppliers
of the Company who Contractor called on or who Customer became acquainted with during the term of this Agreement), budgets, licenses,
distribution agreements, financial data and plans, and information regarding employees or other personnel who work with the Company. Confidential
Information also means and includes information provided to the Company by another person, company, or organization that the Company is
obligated to keep confidential. However, Confidential Information does not include information that is or has become publicly known through
no wrongful act of Contractor or any third party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. <u>Former Relationship Confidential Information</u>. Contractor agrees that Contractor will not, during
the term of this Agreement, improperly use or disclose any proprietary information or trade secrets of any former or current employer
or other person or entity with which Contractor has an agreement or duty to keep in confidence information acquired by Contractor in confidence,
if any, and that Contractor will not bring onto the premises of the Company any unpublished document or proprietary information belonging
to such employer, person or entity unless consented to in writing by such employer, person or entity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. <u>Third Party Confidential Information</u>. Contractor recognizes that the Company has received and in
the future will receive from third parties their confidential or proprietary information subject to a duty on the Company's part
to maintain the confidentiality of such information and to use it only for certain limited purposes. Contractor agrees that, during the
term of this Agreement and thereafter, Contractor owes the Company and such third parties a duty to hold all such confidential or proprietary
information in the strictest confidence and not to disclose it to any person, firm or corporation or to use it except as necessary in
carrying out the Services for the Company consistent with the Company's agreement with such third party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. <u>Protection and Return of Materials</u>. Contractor agrees to protect all of Company's property,
including but not limited to all documents and other materials containing Confidential Information that Contractor may have in Contractor's
possession or control, including but not limited to all electronically stored information and passwords to access such property against
theft, damage, destruction, unauthorized access, use, modification or disclosure, and notify Company if any such event occurs. When Contractor
stops performing this Agreement for the Company, or at the Company's earlier request, Contractor will return to the Company all
Property

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>Intellectual Property</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Assignment</u>. Contractor agrees that all copyrightable material, records, drawings, designs, software
programs, written work, artwork, visual work, audiovisual work, translations, photographs, films, multimedia work, inventions (whether
or not patentable), improvements, developments, discoveries, know-how and trade secrets conceived, discovered, developed or reduced to
practice by Contractor or that Contractor may be directed to undertake, investigate or experiment with or that Contractor may become associated
with in work, investigation or experimentation in the Company's line of business in performing this Agreement, solely or in collaboration
with others, during the term of this Agreement that relate in any manner to the business of the Company (collectively, "Inventions"),
are the sole property of the Company. In addition, any Inventions, which constitute copyrightable subject matter, shall be considered
 "works for hire" as that term is defined in the United States Copyright Act. Contractor also agrees to assign and hereby assigns
fully to the Company all right, title and interest in and to any Inventions and any copyrights, patents, mask work rights, sui generis
database rights, trademarks, or other intellectual property rights and derivative works relating to all Inventions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Further Assurances</u>. Contractor agrees to assist Company or its designee, in every proper way, both
during and after the term of this Agreement, without further compensation and at the Company's expense, to secure the Company's
rights in Inventions and any copyrights, patents, mask work rights, sui generis database rights, trademarks, or other intellectual property
rights relating to all Inventions in any and all countries. This includes but is not limited to the disclosure to the Company of all pertinent
information and data with respect thereto and the execution of all necessary applications, specifications, oaths, assignments and all
other instruments which the Company shall deem necessary in order to apply for and obtain such rights and in order to assign and convey
to the Company, its successors, assigns and nominees the sole and exclusive rights, title and interest in and to such Inventions, and
any copyrights, trademarks, patents, mask work rights, sui generis database rights or other intellectual property rights and derivative
works relating thereto. Contractor further agrees that Contractor's obligation to execute or cause to be executed, when it is Contractor's
power to do so, any such instrument or papers shall continue after the termination of this Agreement. Contractor agrees that, if the Company
is unable to secure Contractor's signature for any reason for the purpose of applying for or pursuing any application for any United
States or foreign patent or mask work rights, sui generis database rights or any trademark or copyright registration related to the Inventions
or any of the other actions described in this Section 3, then Contractor hereby irrevocably designates and appoints the Company and
its duly authorized officers and agents as Contractor's agent and attorney-in-fact, to act for and on Contractor's behalf
to execute and file any such applications and to do all other lawfully permitted acts to further the prosecution and issuance of patents,
mask work rights, sui generis database rights, copyright and trademark registrations and otherwise further the purposes of this Section 8
with the same legal force and effect as if executed by Contractor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. <u>Representations and Warranties</u> *.* Contractor represents and warrants that: (i) Contractor
has the right and unrestricted ability to assign the Inventions and intellectual property rights related thereto to Company as set forth
in this Section 8, and (ii) Contractor will not, in the course of performing Services for the Company, infringe upon any copyright,
patent, trademark, right of publicity or privacy, or any other proprietary right of any person.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. <u>Pre-Existing Materials</u>. Subject to Section 7(b), Contractor agrees that if, in the
course of performing the Services, Contractor incorporates into any Invention developed under this Agreement any pre-existing invention,
improvement, development, concept, discovery or other proprietary information owned by Contractor or in which Contractor has an interest,
(i) Contractor will inform Company, in writing before incorporating such invention, improvement, development, concept, discovery
or other proprietary information into any Invention, and (ii) the Company is hereby granted a nonexclusive, royalty-free, perpetual,
irrevocable, worldwide license to make, have made, modify, use and sell such item as part of or in connection with such Invention. Contractor
will not incorporate any invention, improvement, development, concept, discovery or other proprietary information owned by any third party
into any Invention without Company's prior written permission

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Conflicting Obligations</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Conflicts</u>. Contractor represents and warrants that Contractor has no outstanding agreement or obligation
that is in conflict with any of the provisions of this Agreement or that would preclude Contractor from complying with the provisions
of this Agreement, and agrees that Contractor will not enter into any such conflicting agreement during the term of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Substantially Similar Designs</u>. In view of Contractor's access to the Company's trade secrets
and proprietary know-how, Contractor agrees that Contractor will not, without Company's prior written approval, design identical
or substantially similar designs as those developed under this Agreement for any third party during the term of this Agreement and for
a period of 12 months after the termination of this Agreement. Contractor acknowledges that the obligations in this Section 9 are
ancillary to Contractor's nondisclosure obligations under Section 7.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. <u>Non-Solicitation of Customers and Employees, Independent Contractors, Representatives and Agents of the Company</u>. In view of Contractor's access to Confidential Information of the Company and consideration of the value of
such information, during the term of this Agreement and for a period of two (2) years after termination of this Agreement for any
reason, Contractor shall not, without the prior written consent of the Company, in any manner, directly or indirectly, solicit, induce,
or attempt to induce: (i) the trade or patronage of any customers or potential customers of the Company identified in writing for
Contractor or any other person or entity, with respect to the business engaged in by the Company, or (ii) any employee, consultant,
representative or agent of the Company to become connected in any way with, or utilized such person in, any other business similar to
the business engaged in by the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. <u>Strict Loyalty</u>. Contractor shall avoid all circumstances and actions which would place Contractor
in a position of divided loyalty with respect to its obligations undertaken under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Compliance With Laws, Regulations and Rules.</u> You agree to comply with all applicable laws, regulations and rules which may be in effect during the term of this Agreement. In addition, while on TerraCycle's premises, you shall (1) comply with TerraCycle's requests, rules, policies, and regulations regarding personal and professional conduct, and (2) otherwise conduct yourself in a businesslike manner.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Applicable Law.</u> This Agreement shall be governed by the laws of the State of New Jersey without giving effect to its conflict of laws principles. All disputes hereunder shall be adjudicated in the State of New Jersey, and you hereby irrevocably submit and consent to the exclusive jurisdiction of the state and federal courts located in the State of New Jersey.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Entire Agreement, Non-Modification</u>. This Agreement shall constitute the full and entire understanding and agreement between the parties with respect to the subject matter of that Agreement and shall supersede all prior understandings, negotiations and prior agreement between the parties with respect to the subject matter of its terms. No waiver, amendment, or modification of any provision of this Agreement will be effective unless in writing and signed by both parties hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. <u>Arbitration</u>. All disputes, claims or controversies, whether or not arising out of or relating to Independent Contractor's work or termination with or through TerraCycle, or its officers, directors, Independent Contractors, or agents, shall be resolved by mediation and/or arbitration, in accordance with the current at time of claim Commercial Arbitration Procedures of the American Arbitration Association. Independent Contractor and TerraCycle agrees to share equally in the fees and costs of the mediator or arbitrator. The decision of an arbitrator shall be final and binding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. This Agreement is one for personal services and you shall not assign or delegate the services to be performed hereunder without the prior written consent of TerraCycle.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15. If any provision of this Agreement is held to be invalid or unenforceable, then the remainder of this Agreement shall nevertheless remain in full force and effect.

Please indicate your agreement and consent by your signature below.

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| | |
|:---|:---|
| Very truly yours, | Very truly yours, |
| By: | /s/ Daniel Rosen |
|  | Daniel Rosen |
|  | General Counsel |

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Agreed and Accepted as of the date first above written:

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| | |
|:---|:---|
| **Javier Daly** | **Javier Daly** |
| By: | /s/ Javier Daly |
| Date executed: __<u>December 1</u>____, 2025 | Date executed: __<u>December 1</u>____, 2025 |

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**SCHEDULE A – Scope of Services**

**Interim Principal Financial Officer**

**[\*\*\*\*]**

*The Company agrees to furnish supplementally a copy of any omitted schedule to the Commission upon request.*