PSQH · Colombier Acquisition Corp.

The departure of James Rinn as CFO represents a key leadership transition at PSQ Holdings, Inc., with the Severance Agreement providing accelerated vesting of a portion of his RSUs as the primary compensation element. This arrangement ensures a clean separation, with Rinn retaining his Board seat, which may facilitate continuity in oversight. The forfeiture of substantial unvested equity aligns with standard practices for departing executives, potentially limiting dilution from his prior grants. Restrictive covenants for one year post-separation protect company interests by preventing competition and employee solicitation. Investors should note the agreement's general release mitigates litigation risk, though full details are in Exhibit 10.1.