0001493152-24-041176 Sample Contracts

AMENDMENT NO. 2 TO EXECUTIVE EMPLOYMENT CONTRACT
Applied Digital Corp. • October 15th, 2024 • Services-computer processing & data preparation

This Amendment to the Executive Employment Contract is made as of October 15, 2024, by and between Applied Digital Corporation (the “Employer”) and David Rench (the “Employee”), effective as of October 15, 2024 (the “Effective Date”).

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Applied Digital Corporation
Applied Digital Corp. • October 15th, 2024 • Services-computer processing & data preparation • Texas

We are pleased to offer you continued employment with Applied Digital Corporation, a Nevada corporation (the “Company”) on the terms set forth in this letter agreement (together with Exhibit A hereto, the “Letter Agreement”), effective as of the later of (i) October 14, 2024, or such other date as mutually agreed in writing, and (ii) the date the Other Contingencies are satisfied (the later of (i) and (ii), the “Effective Date”).

Applied Digital Corporation Employment Agreement
Employment Agreement • October 15th, 2024 • Applied Digital Corp. • Services-computer processing & data preparation • Texas

This Employment Agreement (this “Agreement”), dated as of October 10, 2024, is made by and between Applied Digital Corporation, a Nevada corporation (the “Company”), and Wes Cummins (“Executive”). The Company and Executive are together referred to herein as the “Parties” or individually referred to as a “Party”.

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