AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment to Employment Agreement (the “Amendment”) is agreed to as of October 24, 2023 (“Effective Date”), by and among CleanSpark, Inc., a Nevada corporation (“CleanSpark” or the “Company”), and S. Matthew Schultz (“Employee”) (Employee and CleanSpark collectively referred to as the “Parties”).
WHEREAS, CleanSpark and Employee are parties to the Employment Agreement effective
October 26, 2020, as amended (the “Agreement”);
WHEREAS, CleanSpark’s Compensation Committee of the Board of Directors approved to amend certain of Employee’s compensation terms to reflect his contributions to the Company; and
WHEREAS, the Parties are entering into this Amendment to alter certain of the Agreement as provided herein.
NOW, THEREFORE, the Parties agree as follows:
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above.
CLEANSPARK, INC.
A Nevada Corporation
By: __/s/ Larry McNeill ___________________
Larry McNeill, Chairman of the
Compensation Committee
EMPLOYEE:
/s/ S. Matthew Schultz
S. Matthew Schultz