On January 11, 2023, Mark Whittle, age 57, was promoted to Interim President of Amergent from his position of EVP of Franchise Development, in which he has served since November 2021. Prior to joining Amergent, from June 2013 to November 2021, Mr. Whittle served as Chief Development Officer for Hooters of America/HOA Brands where he managed franchises, franchise sales, real estate, site design and construction and acquisitions. Mr. Whittle's offer of employment is at will; however, in the event he is terminated by the company without cause or resigns without good reason, a three month paid garden leave period will be triggered.

After the garden leave period, Mr. Whittle will be entitled to three months' severance. In the event the garden leave period is waived by the parties, the severance period will be extended to six months.