BrewBilt Manufacturing (BBRW) 8-KDeparture of Directors or Certain Officers

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

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

EMPLOYMENT AGREEMENTS

Jeff Lewis

Effective January 1, 2023, Jeffrey Lewis and BrewBilt Manufacturing, Inc. (the “Company”) entered into a new Employment Agreement pursuant to which Mr. Lewis will continue to serve as the Company’s Chief Executive Officer.

Pursuant to the Employment Agreement, Mr. Lewis will receive an annual salary of $250,000 payable in monthly installments, with unpaid amounts accruing interest at the rate of 6% per annum. Unpaid salary may be converted by Mr. Lewis into shares of Series A Preferred Stock of the Company. Mr. Lewis will also be issued $150,000 of Series A Preferred Stock pursuant to the Employment Agreement. The Employment Agreement is for a term of one year, and may be terminated by either party at any time on 90-days’ prior written notice.

The foregoing description of the Employment Agreement between the Company and Mr. Lewis is qualified in its entirety by reference to the actual terms of the Employment Agreement, which has been filed as Exhibit 10.1 to this Current Report on Form 8-K, and which is incorporated herein by reference.

Bennett Buchanan

Effective January 1, 2023, Bennett Buchanan and the Company entered into a new Employment Agreement pursuant to which Mr. Buchanan will continue to serve as a Director of the Company and be employed as its Chief Operating Officer.

Pursuant to the Employment Agreement, Mr. Buchanan will receive an annual salary of $250,000 payable in monthly installments, with unpaid amounts accruing interest at the rate of 6% per annum. Unpaid salary may be converted by Mr. Buchanan into shares of Series A Preferred Stock of the Company. Mr. Buchanan will also be issued $150,000 of Series A Preferred Stock pursuant to the Employment Agreement. The Employment Agreement is for a term of one year, and may be terminated by either party at any time on 90-days’ prior written notice.

The foregoing description of the Employment Agreement between the Company and Mr. Buchanan is qualified in its entirety by reference to the actual terms of the Employment Agreement, which has been filed as Exhibit 10.1 to this Current Report on Form 8-K, and which is incorporated herein by reference.

DIRECTOR AGREEMENTS

Effective January 1, 2023, each of Jef Lewis, Samuel Berry and Bennett Buchanan entered into new Board of Directors Agreement, pursuant to which each of such individuals will continue to serve as directors of the Company.

Under the Board of Directors Agreements, each of Jef Lewis, Samuel Berry and Bennett Buchanan will be issued $150,000 shares of Series A Preferred Stock for serving as a Director of the Company during 2023. The foregoing description of the Board Directors Agreements between the Company and each of its Directors is qualified in its entirety by reference to the actual terms of the Board of Directors Agreement, a form of which has been filed as Exhibit 10.3 to this Current Report on Form 8-K, and which is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.