Management Change/Compensation Form 8 K

On January 3, 2025 the Company granted Mr. Michael Murray, the Company's Chief Executive Officer and Chairman of the Board, 408,634 restricted stock units (RSUs) and 591,366 options to purchase that Company's common stock at a strike price of $1.76 under the Company's 2020 Equity Incentive Plan. The RSU cliff vests three years from date of grant (January 3, 2025) and the options vest quarterly over a four year period from date of grant subject to Mr. Murray remaining with the Company and being in compliance with his employment agreement. The RSUs and options are subject to a double-trigger change-in-control provision. Mr. Murray's salary for the fiscal year 2025 was increased by three percent for cost of living to $508,850. Mr. Murray's employment agreement provides for an annual bonus which is targeted at 100% of his base salary and up to 150% of his base salary.

On January 3, 2025 the Company granted Mr. Paul Baker, the Company's Chief Operating Officer and Mr. Richard Sneider 146,350 and 136,360restricted stock units (RSUs), respectively. The RSUs shall vest upon the achievement of certain revenue, operating income and individual goal milestones, based on the Kopin Corporation's fiscal year 2025 results and is subject to restrictions pursuant to the terms of the Issuer's 2020 Equity Incentive Plan. Mr. Baker's and Mr. Sneider's salaries for the fiscal year 2025 were set at $360,900 and $362,000, respectively.