Amendment 1 to Employment Agreement
TON Strategy Co
AMENDMENT #1 to EMPLOYMENT AGREEMENT
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This Amendment #1 to Employment Agreement (this “Amendment”) is effective as of July 20, 2026 ( the “Effective Date”), and is entered into by and between TON Strategy Company, formerly known as Verb Technology Company, Inc., (the “Company”) and Sarah Olsen (“Employee”) (collectively with the Company, the “Parties”; each of the Parties referred to individually as a “Party”).
WHEREAS, the Company and Employee entered into that certain Employment Agreement dated as of August 7, 2025 (the “Agreement”); and
WHEREAS, the Company and Employee wish to amend certain provisions of that Agreement.
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree as follows, effective as of the Effective Date of this Amendment.
1. Section 1(a) of the Agreement is hereby deleted and replaced in its entirety with the following (with all capitalized terms having the meaning originally ascribed thereto in the Agreement): Title. The Company hereby agrees to employ Employee, and Employee hereby accepts such employment, as Chief Financial Officer (CFO) & Chief Operating Officer (COO) of the Company, reporting to the Chief Executive Officer of the Company.
Employee agrees that the amendment of this Section 1(a) does not constitute Good Reason, as that term is defined in the Agreement.
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