FRZA Forza X1, Inc. - 8-K

Item 5.02. Departure of
Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 10, 2024, Forza
X1, Inc. (the “Company”) entered into a Separation Agreement with Dan Norton, the Company’s President, pursuant to which
Mr. Norton and the Company mutually agreed to terminate his employment with the Company, effective as of September 30, 2024 (the “Separation
Agreement”). Mr. Norton did not advise the Company of any disagreement with the Company on any matter relating to its operations,
policies or practices.

The foregoing description
of the Separation Agreement is qualified in its entirety by reference to the full text of the Separation Agreement, a copy of which is
attached hereto as Exhibit 10.1, and which is incorporated herein in its entirety by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit
Number

Description

10.1

Separation and Mutual Release Agreement, dated as of September 10, 2024, by and between Forza X1, Inc. and Daniel Norton

104

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