Fred Thiel employment agreement term
Company: Marathon Digital
The claim, verbatim
Fred Thiel's employment agreement has an initial term of three years with automatic renewal for successive one-year terms
Source (primary)
Marathon Digital 8-K filed 2021-04-30 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Agreement has a term of three years and automatically renews for successive one year terms unless either party provides notice of nonrenewal at least 90 days prior to the end of the initial term or any renewal term.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states the agreement has a three-year term that automatically renews for successive one-year terms absent 90 days' notice of nonrenewal.
Confirmed in the source:
- Fred Thiel's employment agreement has an initial term of three years
- The agreement automatically renews for successive one-year terms unless either party gives nonrenewal notice
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315221010223/form8-k.htm) in full (6,712 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2021-04-30
Quote: “The Agreement has a term of three years and automatically renews for successive one year terms unless either party provides notice of nonrenewal at least 90 days prior to the end of the initial term or any renewal term.”