Hyzon Motors Registered (A) ISIN: US44951Y2019 Forum: Aktien Thema: Hauptdiskussion
EX-10.1 2 ca022542101ex10-1_hyzon.htm ENGAGEMENT AGREEMENT, DATED DECEMBER 19, 2024, BY AND BETWEEN RIVERON AND THE COMPANY Exhibit 10.1 RIVERON December 19, 2024 M. Stephen Weiland Bolingbrook, Illinois 60440 Re: Engagement to Provide Interim Management Services to Hyzon Motors USA, Inc. Dear Mr. Weiland, The to the thin teler by on on US he or wit i inder an indif the soland ("Company") of Riveron Management Services, LLC ("Riveron") and/or any entity controlling, controlled by or under common control with Riveron (each, an "Affiliate", and collectively, the "Riveron Entities"). This Engagement Letter and the attached Schedules A, B, C and D, together constitute the agreement governing the engagement (the "Agreement"). Scope of Engagement. Riveron will provide the Company with the personnel identified on Schedule B, Fees and Expenses (the "Temporary_Staff"') for the positions, titles and pay rates set forth on such Schedule B, and the duties, tasks and other services set forth on Schedule A, Additional Tasks and Duties (the "Services"). Company may also from time to time enter one or more Statements of Work with Riveron or any Riveron Affiliate (each, a "Statement of Work) under the Agreement. Fees and Expenses. The Company will compensate Riveron for its services, and reimburse Riveron for its expenses, as set forth in Schedule B, Fees and Expenses. General Terms and Conditions. The Agreement is subject to the terms and conditions set forth in Schedule C, General Terms and Conditions. Officer Conditions. Any Temporary Staff Officers listed on Schedule B who are to assume a Temporary Staff Officer position (as defined in Section S(a)) will not be officers of the Company until (a) Riveron receives duly authorized consent resolutions of the Board of Directors of the Company evidencing the officer appointments of Temporary Staff Officers ("Resolutions"); (b) Riveron determines that the Company has director and officer liability insurance ("D&O Insurance") in an amount and with coverage reasonably acceptable to Riveron; (c) Riveron confirms that each Temporary Staff Officer is covered by the Company's D&O Insurance policy; and (d) Riveron confirms that there are no claims against the D&O Insurance policy that would render the amount of the policy unacceptable to Riveron; (a) through (d), collectively, the "Officer Conditions"). The Company will use its best efforts to satisfy the Officer Conditions no later than 5 days after the date of this Agreement. RIVERON 1 1 IINTENTIONALLY LEFT BLANK - SIGNATURE PAGE TO FOLLOWI
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