Material Agreement (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement

Amendment to Employment Agreement

As previously reported, New Era Helium Inc., a Nevada corporation ("NEH" or the "Company"), and E. Will Gray, II, its Chief Executive Officer (the "Executive"), are parties to that certain Employment Agreement dated as of April 15, 2024 (the "Agreement").

On July 16, 2025, NEH and the Executive entered into an amendment to the Agreement (the "Amendment") to provide for, among other things, the reimbursement of certain relocation expenses and housing expenses for the Executive.

The foregoing summary of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.