EX-10.1
from 10-Q
~5
pages
•employment Status: Your Status Will Change From Full-Time to Part-Time, Effective April 1, 2025. as a Part-Time Employee, You Will Be Working an Average of 28 Hours Per Week, Anticipated to Be Worked Mondays – Thursdays With Flexibility That Is Mutually Agreeable Between You and Your Manager, the Chief Executive Officer, Based on Personal and Business Needs. •job Title and Duties: Your Job Title Will Remain Chief Technology Officer, and Your Primary Duties and Responsibilities Will Remain the Same. •base Compensation: Your Base Compensation Will Be $296,800. •annual Discretionary Bonus Target: 40% (No Change)1 •benefits: There Will Be No Change to Your Benefits Eligibility. •equity: There Will Be No Change to the Vesting Schedule for Equity Granted to Date. Please Sign Below to Acknowledge Your Understanding and Acceptance of the Terms Outlined in This Letter. Employee Acknowledgement: I, Susan Dana Jones, Acknowledge and Agree to the Terms of the New Part-Time Employment Arrangement Outlined Above, Effective April 1, 2025. /S/ Susan Dana Jones March 24, 2025 Signature Date Tourmaline Representative: Brad Middlekauff Chief Business Officer Name Title /S/ Brad Middlekauff May 15, 2025 Signature Date
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