Form 8-K
8-K — FIREFLY NEUROSCIENCE, INC.
Accession: 0001213900-26-099733
Filed: 2026-09-14
Period: 2026-09-08
CIK: 0000803578
SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Financial Statements and Exhibits
Documents
8-K — ea0305233-8k_firefly.htm (Primary)
EX-10.1 — OFFER OF EMPLOYMENT, DATED JULY 28, 2026, BETWEEN FIREFLY NEUROSCIENCE, INC. AND JESSICA PAZ (ea030523301ex10-1.htm)
EX-10.3 — EMPLOYEE CONFIDENTIAL INFORMATION AND INVENTIONS ASSIGNMENT AGREEMENT, DATED AS OF SEPTEMBER 9, 2026, BETWEEN FIREFLY NEUROSCIENCE, INC. AND JESSICA PAZ (ea030523301ex10-3.htm)
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8-K (Primary)
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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
Date of Report (Date of earliest event reported):
September 8, 2026
FIREFLY NEUROSCIENCE, INC.
(Exact name of registrant as specified in its charter)
Delaware
001-41092
54-1167364
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
1100 Military Road, Kenmore, NY
14217
(Address of principal executive offices)
(Zip Code)
(888) 237-6412
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.0001 per share
AIFF
The Nasdaq Capital Market
Indicate by check
mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities
Exchange Act of 1934.
Emerging Growth Company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 8, 2026, the board of directors (the
“Board”) of Firefly Neuroscience, Inc., a Delaware corporation (the “Company”), terminated Paul Krzywicki as Chief
Financial Officer of the Company, effective September 24, 2026. Mr. Krzywicki’s termination was not the result of any disagreement
with the Company on any matter relating to the Company’s operations, policies or practices. On the same date, the Nominating and
Corporate Governance Committee of the Board recommended the appointment of Jessica Paz as Chief Accounting Officer of the Company, and
the Board approved Ms. Paz’s appointment as Chief Accounting Officer of the Company.
On September 8, 2026, the Compensation Committee
of the Board approved and ratified an offer of employment extended to Ms. Paz, dated July 28, 2026 (the “Paz Offer of Employment”).
Under the Paz Offer of Employment, Ms. Paz was employed as the Company’s Chief Accounting Officer effective September 8, 2026, at
an annual base salary of $215,000. Pursuant to the Paz Offer of Employment, Ms. Paz was granted a stock option to purchase 50,000 shares
of common stock of the Company under the Firefly Neuroscience, Inc. 2024 Long-Term Incentive Plan (as amended, the “Plan”)
and the form of the stock option agreement approved for grants under the Plan, at an exercise price per share equal to the fair market
value of the Company’s common stock on the date of grant. The option will vest over four years, with 25% of the shares vesting on
the first anniversary of Ms. Paz’s vesting commencement date and the remaining shares vesting in equal quarterly installments over
the following twelve quarters, subject to her continued employment with the Company through each applicable vesting date. Ms. Paz will
be eligible to participate in the Company’s standard benefits covering employees at her level and will receive paid time off pursuant
to the Company’s flexible PTO policy. Ms. Paz’s employment is at-will.
Under an Indemnification Agreement between the
Company and Ms. Paz in the Company’s standard form for officers or directors of the Company, dated as of September 8, 2026 (the
“Paz Indemnification Agreement”), the Company agreed to indemnify Ms. Paz to the fullest extent permitted by applicable law
against expenses, losses, liabilities, judgments, fines, penalties and amounts paid in settlement incurred by Ms. Paz in connection with
any proceeding relating to her service as an officer of the Company. The Company will also advance all expenses incurred by Ms. Paz in
connection with any such proceeding within twenty (20) days after receipt of Ms. Paz’s written request therefor, without regard
to whether Ms. Paz will ultimately be entitled to be indemnified for such expenses. Any obligation to repay advances will be unsecured
and interest-free. The Paz Indemnification Agreement also provides that if the Company or any of its subsidiaries maintains a directors’
and officers’ liability insurance policy, Ms. Paz will be covered by such policy in such a manner as to provide her the same rights
and benefits as are accorded to the most favorably insured of the Company’s and its subsidiaries’ then current directors and
officers.
Ms. Paz and the Company also entered into
an Employee Confidential Information and Inventions Assignment Agreement, dated as of September 9, 2026 (the “Paz Confidentiality
Agreement”), which prohibits unauthorized use or disclosure of the Company’s proprietary information, and contains a general
assignment of rights to inventions and intellectual property rights, non-competition provisions that apply during the term of employment,
non-solicitation provisions that apply during the term of employment and for one year after the term of employment, and non-disparagement
provisions that apply during and after the term of employment.
The foregoing summary of the terms and conditions
of the Paz Offer of Employment, the Paz Indemnification Agreement, and the Paz Confidentiality Agreement does not purport to be complete
and is qualified in its entirety by reference to the full text of each of the Paz Offer of Employment, the Paz Indemnification Agreement,
and the Paz Confidentiality Agreement filed as Exhibit 10.1, Exhibit 10.2, and Exhibit 10.3 to this report, respectively, which is incorporated
herein by reference.
Ms. Paz, 46, most recently served as Senior Director
of Accounting and Operations at Genvid Holdings, Inc., a technology company, from April 2020 to August 2026. From February 2019 to April
2020, Ms. Paz served as Global Financial Controller at VITECH Systems Group, Inc. From September 2016 to November 2018, Ms. Paz served
as North America Controller, Global Payment Solutions at Finastra (formerly D+H Corporation). Earlier in her career, Ms. Paz held finance
and accounting leadership positions at PEN American Center, Pro Mujer International Inc., Reboot Holdings Pty Ltd., and Kaplan, Inc. Ms.
Paz holds a Master of Science in Accounting and Finance and a Master of Business Administration in Technology Management, each from SUNY
Polytechnic Institute, and a Bachelor of Science in Accounting from Hunter College, City University of New York.
There are no family relationships among Ms. Paz
and any of the Company’s other executive officers or directors. There are and have been no transactions in which Ms. Paz has an
interest requiring disclosure under Item 404(a) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description
10.1
Offer of Employment, dated July 28, 2026, between Firefly Neuroscience, Inc. and Jessica Paz,
10.2
Form of Indemnification Agreement between Firefly Neuroscience, Inc. and each executive officer or director (incorporated herein by reference to Exhibit 10.8 to the Company’s Current Report on Form 8-K, filed with the SEC on August 12, 2024).
10.3
Employee Confidential Information and Inventions Assignment Agreement, dated as of September 9, 2026, between Firefly Neuroscience, Inc. and Jessica Paz
104
Cover Page Interactive Data File (embedded with the Inline XBRL document).
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SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Date: September 14, 2026
FIREFLY NEUROSCIENCE, INC.
/s/ Greg Lipschitz
Name:
Greg Lipschitz
Title:
Chief Executive Officer
2
EX-10.1 — OFFER OF EMPLOYMENT, DATED JULY 28, 2026, BETWEEN FIREFLY NEUROSCIENCE, INC. AND JESSICA PAZ
EX-10.1
Filename: ea030523301ex10-1.htm · Sequence: 2
Exhibit 10.1
Offer of Employment
July 28, 2026
Dear Jessica L Paz,
On behalf of Firefly Neuroscience
Inc (the “Company”), I am pleased to invite you to join the Company in the role of “Chief Accounting Officer”.
In this position, you will be expected to devote your full business time, attention and energy to the performance of your duties with
the Company. The effective date of your employment will be September 8, 2026, or such other date as you and the Company mutually agree
in writing.
The terms of this offer of employment are as follows:
1. At-Will Employment. You should be aware that your employment
with the Company is for no specified period and constitutes “at-will” employment. As a result, you are free to terminate
your employment at any time, for any reason or for no reason. Similarly, the Company is free to terminate your employment at any time,
for any reason or for no reason. We request that you give the Company at least two weeks’ notice in the event of a resignation.
2. Compensation. The Company will pay you a base salary of $215,000
per year payable in accordance with the Company’s standard payroll policies, including compliance with applicable withholding.
Subject to Board approval, you will also be granted an option to purchase 50,000 shares of the Company’s common stock under the
Company’s equity incentive plan and standard stock option agreement. The exercise price per share will be equal to the fair market
value of the Company’s common stock on the date of grant. The option will vest over four (4) years, with twenty-five percent (25%)
of the shares vesting on the first anniversary of your vesting commencement date and the remaining shares vesting in equal quarterly
installments over the following twelve (12) quarters, subject to your continued employment with the Company through each applicable vesting
date. Please note that the Company may modify job titles, compensation, and benefits from time to time as it deems necessary.
3. PTO. You will be eligible to Paid Time Off (PTO) through
Firefly’s flexible PTO policy, where you can take time off as you need provided you obtain consent from your manager. Firefly also
has a standard calendar of paid company holidays.
4. Benefits. During the term of your employment, you will be
entitled to the Company’s standard benefits covering employees at your level, as such may be in effect from time to time.
1100 Military Road, Buffalo, New York 14217
5. Background Checks. The Company reserves the right to conduct
background investigations and/or reference checks on all of its potential employees. Your job offer is contingent upon your clearance
of any such background investigation and/or reference check.
6. Immigration Laws. For purposes of federal immigration laws,
you will be required to provide to the Company documentary evidence of your identity and eligibility for employment in the United States.
Such documentation must be provided within 3 business days of the effective date of your employment, or your employment relationship
with the Company may be terminated.
7. Prior Obligations; Conflicting Obligations; Third Party Information.
If you have not already done so, please disclose to the Company whether there are any agreements relating to your prior employment or
provision of services which may affect your ability to be employed by the Company or limit the manner in which you may be employed. During
your employment with the Company, you agree not to engage in any other employment, consulting, or business activity that is directly
related to the business of the Company as conducted during your employment, and not to engage in any other activities that conflict with
your obligations to the Company. You also agree not to bring any third-party confidential information to the Company, including that
of your former employer, and that you will not use any such information during the course of your employment with the Company.
8. Employee Proprietary Information Agreement. As a condition
of this offer of employment, you will be required to complete, sign and return the Company’s standard form of Employee Proprietary
Information Agreement (the “EPIA”).
9. Employee Policies. As a Company employee, you will be expected
to abide by the Company’s rules and standards, as may be in effect from time to time. Specifically, you will be required to sign
an acknowledgment that you have reviewed and understand the Company’s Employee Handbook.
10. General. This offer letter and the EPIA, when signed by you,
set forth the terms of your employment with the Company and supersede any and all prior representations and agreements, including, but
not limited to, any representations made during your recruitment, interviews, or pre-employment negotiations, whether written or oral.
In the event of a conflict between the terms and provisions of this offer letter and the EPIA and the stock option agreement, the terms
and provisions of the EPIA and the stock option agreement will control. Any amendment to this offer letter or any waiver of a right under
this offer letter must be signed in writing by you and an officer of the Company. Delaware law will govern this offer letter.
1100 Military Road, Buffalo, New York 14217
2
We look forward to you joining the Company. If the foregoing
terms are agreeable, please indicate your acceptance by signing this offer letter in the space provided below.
Sincerely,
By:
/s/ Greg Lipschitz
Name:
Greg Lipschitz
Title:
CEO
AGREED TO AND ACCEPTED:
By:
/s/ Jessica L. Paz
Name:
Jessica L. Paz
1100 Military Road, Buffalo, New York 14217
3
EX-10.3 — EMPLOYEE CONFIDENTIAL INFORMATION AND INVENTIONS ASSIGNMENT AGREEMENT, DATED AS OF SEPTEMBER 9, 2026, BETWEEN FIREFLY NEUROSCIENCE, INC. AND JESSICA PAZ
EX-10.3
Filename: ea030523301ex10-3.htm · Sequence: 3
Exhibit 10.3
EMPLOYEE CONFIDENTIAL INFORMATION
AND INVENTIONS ASSIGNMENT AGREEMENT
In consideration
of my employment or continued employment by FIREFLY NEUROSCIENCE, INC., a Delaware corporation (“Company”),
and the compensation being paid or to be paid to me during my employment with Company, I agree to the terms of this Agreement as follows:
1.
Confidential Information Protections.
Nondisclosure; Recognition of
Company’s Rights. At all times during and after my employment, I will hold in confidence and will not disclose, use,
lecture upon, or publish any of Company’s Confidential Information (defined below), except (i) as may be required in
connection with my work for Company, (ii) as expressly authorized by an authorized officer of Company at the direction of
the Board of Directors of Company; or (iii) as required or permitted to be disclosed pursuant to Rule 21F-17(a) under the Securities
Exchange Act of 1934, as amended, or other applicable law, legal process or government regulation, provided, however, that prior to
any disclosure of confidential information as required by such applicable law, I shall, to the extent such applicable law so
permits, use my best efforts to advise Company in advance of my making any such permitted or required disclosure and cooperate with
Company in order to afford Company a reasonable opportunity to take any legally-permissible actions to contest, limit, remove the
basis for, or otherwise address such disclosure in connection with my work for Company. Except as provided above, I will obtain the
written approval of an authorized officer of the Company before publishing or submitting for publication any material (written,
oral, or otherwise) that relates to my work at the Company and/or incorporates any Confidential Information. Except as otherwise
provided by applicable law I hereby assign to the Company any rights I may have or acquire in any and all Confidential Information
and recognize that all Confidential Information shall be the sole and exclusive property of the Company and its assigns.
1.2
Confidential Information. The term “Confidential Information” shall mean any and all confidential knowledge,
data or information related to Company’s business or its actual or demonstrably anticipated research or development, including
without limitation (a) trade secrets, inventions, ideas, processes, computer source and object code, data, formulae, programs, other
works of authorship, know-how, improvements, discoveries, developments, designs, and techniques; (b) information regarding products,
services, plans for research and development, marketing and business plans, budgets, financial statements, contracts, prices, suppliers,
and customers; (c) information regarding the skills and compensation of Company’s employees, contractors, and any other service
providers of Company; and (d) the existence of any business discussions, negotiations, or agreements between Company and any third party.
1.3 Third Party Information. I
understand that Company has received and, in the future, will receive from third parties confidential or proprietary information
(“Third Party Information”) subject to a duty on Company’s part to maintain the confidentiality of
such information and to use it only for certain limited purposes. During and after the term of my employment, I will hold Third
Party Information in strict confidence and will not disclose to anyone (other than Company personnel who need to know such
information in connection with their work for Company) or use Third Party Information, except in connection with my work for Company
or unless expressly authorized by an officer of Company in writing.
1.4 No
Improper Use of Information of Prior Employers and Others. I represent that my employment by Company does not and will not breach
any agreement with any former employer, including any noncompete agreement or any agreement to keep in confidence or refrain from using
information acquired by me prior to my employment by Company. I further represent that I have not entered into, and will not enter into,
any agreement, either written or oral, in conflict with my obligations under this Agreement. During my employment by Company, I will not
improperly make use of, or disclose, any information or trade secrets of any former employer or other third party, nor will I bring onto
the premises of Company or use any unpublished documents or any property belonging to any former employer or other third party, in violation
of any lawful agreements with that former employer or third party. I will use in the performance of my duties only information that is
generally known and used by persons with training and experience comparable to my own, is common knowledge in the industry or otherwise
legally in the public domain or is otherwise provided or developed by Company.
2.
Inventions.
2.1
Definitions. As used in this Agreement, the term “Invention” means any ideas, concepts, information, materials,
processes, data, programs, know-how, improvements, discoveries, developments, designs, artwork, formulae, other copyrightable works,
and techniques and all Intellectual Property Rights in any of the items listed above. The term “Intellectual Property Rights”
means all trade secrets, copyrights, trademarks, mask work rights, patents and other intellectual property rights recognized by the
laws of any jurisdiction or country. The term “Moral Rights” means all paternity, integrity, disclosure, withdrawal,
special and any other similar rights recognized by the laws of any jurisdiction or country.
2.2
Prior Inventions. I have disclosed on Exhibit A a complete list of all Inventions that (a) I have, or I have caused to be,
alone or jointly with others, conceived, developed, or reduced to practice prior to the commencement of my employment by Company; (b)
in which I have an ownership interest or which I have a license to use; (c) and that I wish to have excluded from the scope of this Agreement
(collectively referred to as “Prior Inventions”). If no Prior Inventions are listed in Exhibit A or
if I have not completed Exhibit A, I warrant that there are no Prior Inventions. I agree that I will not incorporate, or permit
to be incorporated, Prior Inventions in any Company Inventions (defined below) without Company’s prior written consent. If, in
the course of my employment with Company, I incorporate a Prior Invention into a Company process, machine or other work, I hereby grant
Company a non-exclusive, perpetual, fully-paid and royalty-free, irrevocable and worldwide license, with rights to sublicense through
multiple levels of sublicensees, to reproduce, make derivative works of, distribute, publicly perform, and publicly display in any form
or medium, whether now known or later developed, make, have made, use, sell, import, offer for sale, and exercise any and all present
or future rights in, such Prior Invention.
2.3 Assignment
of Company Inventions. Inventions assigned to Company or to a third party as directed by Company pursuant to the subsection
titled Government or Third Party are referred to in this Agreement as “Company Inventions.” Subject to the
subsection titled Government or Third Party and except for Inventions that I can prove qualify fully under the provisions of
California Labor Code section 2870 and I have set forth in Exhibit A, I hereby assign and agree to assign in the future (when
any such Inventions or Intellectual Property Rights are first reduced to practice or first fixed in a tangible medium, as
applicable) to Company all my right, title, and interest in and to any and all Inventions (and all Intellectual Property Rights with
respect thereto) made, conceived, reduced to practice, or learned by me, either alone or with others, during the period of my
employment by Company. Any assignment of Inventions (and all Intellectual Property Rights with respect thereto) hereunder includes
an assignment of all Moral Rights. To the extent such Moral Rights cannot be assigned to Company and to the extent the following is
allowed by the laws in any country where Moral Rights exist, I hereby unconditionally and irrevocably waive the enforcement of such
Moral Rights, and all claims and causes of action of any kind against Company or related to Company’s customers, with respect
to such rights. I further acknowledge and agree that neither my successors-in- interest nor legal heirs retain any Moral Rights in
any Inventions (and any Intellectual Property Rights with respect thereto).
2.4 Obligation
to Keep Company Informed. During the period of my employment and for one (1) year after my employment ends, I will promptly and
fully disclose to Company in writing (a) all Inventions authored, conceived, or reduced to practice by me, either alone or with
others, including any that might be covered under California Labor Code section 2870, and (b) all patent applications filed by me or
in which I am named as an inventor or co-inventor.
2.5 Government
or Third Party. I agree that, as directed by Company, I will assign to a third party, including without limitation the United States,
all my right, title, and interest in and to any particular Company Invention.
2.6 Enforcement
of Intellectual Property Rights and Assistance. During and after the period of my employment and at Company’s request and
expense, I will assist Company in every proper way, including consenting to and joining in any action, to obtain and enforce United
States and foreign Intellectual Property Rights and Moral Rights relating to Company Inventions in all countries. I will execute any
documents that the Company may reasonably request for use in obtaining or enforcing such Intellectual Property Rights and Moral
Rights. My obligations under this paragraph will continue beyond the termination of my employment with the Company, provided that
Company will compensate me at a reasonable rate after such termination for time or expenses actually spent by me at Company’s
request on such assistance.
2.7 Incorporation
of Software Code. I agree that I will not incorporate into any Company software or otherwise deliver to Company any software code
licensed under the GNU General Public License or Lesser General Public License or any other license that, by its terms, requires or conditions
the use or distribution of such code on the disclosure, licensing, or distribution of any source code owned or licensed by Company except
as expressly authorized by Company or in strict compliance with Company’s policies regarding the use of such software.
3.
Records. I agree to keep and maintain adequate and current records (in the form of
notes, sketches, drawings and in any other form that is required by Company) of all Inventions made by me during the period of my employment
by Company, which records shall be available to, and remain the sole property of, Company at all times.
4. Additional
Activities. I agree that I will not (a) during the term of my employment by Company, without Company’s express written
consent, engage in any employment or business activity that is competitive with, or would otherwise conflict with my employment by, Company;
and (b) during the term of my employment by Company and for one (1) year thereafter, I will not either directly or indirectly, solicit
or attempt to solicit any employee, independent contractor, or consultant of Company to terminate his, her or its relationship with Company
in order to become an employee, consultant, or independent contractor to or for any other person or entity. Furthermore, I agree that
during the term of my employment by the Company and thereafter, I shall not disparage Company, any officer or director of Company or any
affiliate or agent of Company.
2
5. Return
Of Company Property. Upon termination of my employment or upon Company’s request at any other time, I will deliver
to Company all of Company’s property, equipment, and documents, together with all copies thereof, and any other material
containing or disclosing any Inventions, Third Party Information or Confidential Information and certify in writing that I have
fully complied with the foregoing obligation. I agree that I will not copy, delete, or alter any information contained upon my
Company computer or Company equipment before I return it to the Company. In addition, if I have used any personal computer, server,
or e-mail system to receive, store, review, prepare or transmit any Company information, including but not limited to, Confidential
Information, I agree to provide the Company with a computer-useable copy of all such Confidential Information and then permanently
delete and expunge such Confidential Information from those systems; and I agree to provide Company access to my system as
reasonably requested to verify that the necessary copying and/or deletion is completed. I further agree that any property situated
on Company’s premises and owned by Company is subject to inspection by Company’s personnel at any time with or without
notice. Prior to the termination of my employment or promptly after termination of my employment, I will cooperate with Company in
attending an exit interview and certify in writing that I have complied with the requirements of this section.
6. Notification
Of New Employer. If I leave the employ of Company, I consent to the notification of my new employer of my rights and
obligations under this Agreement, by Company providing a copy of this Agreement or otherwise.
7.
General Provisions.
7.1
Governing Law and Venue. This Agreement and any action related thereto will be governed and interpreted by and under the laws of
the State of Delaware, without giving effect to any conflicts of laws principles that require the application of the law of a different
state. I expressly consent to personal jurisdiction and venue in the state and federal courts for the county in which Company’s
principal place of business is located for any lawsuit filed there against me by Company arising from or related to this Agreement.
7.2 Severability.
If any provision of this Agreement is, for any reason, held to be invalid or unenforceable, the other provisions of this Agreement
will remain enforceable, and the invalid or unenforceable provision will be deemed modified so that it is valid and
enforceable to the maximum extent permitted by law.
7.3
Survival. This Agreement shall survive the termination of my employment and the assignment of this Agreement by Company
to any successor or other assignee and shall be binding upon my heirs and legal representatives.
7.4 Employment.
I agree and understand that nothing in this Agreement shall give me any right to continued employment by Company, and it will not interfere
in any way with my right or Company’s right to terminate my employment at any time, with or without cause and with or without advance
notice.
7.5 Notices.
Each party must deliver all notices or other communications required or permitted under this Agreement in writing to the other party
at the address listed on the signature page, by courier, by certified or registered mail (postage prepaid and return receipt
requested), or by a nationally- recognized express mail service. Notice will be effective upon receipt or refusal of delivery. If
delivered by certified or registered mail, notice will be considered to have been given five (5) business days after it was mailed,
as evidenced by the postmark. If delivered by courier or express mail service, notice will be considered to have been given on the
delivery date reflected by the courier or express mail service receipt. Each party may change its address for receipt of notice by
giving notice of the change to the other party.
7.6 Injunctive
Relief. I acknowledge that, because my services are personal and unique and because I will have access to the Confidential Information
of Company, any breach of this Agreement by me would cause irreparable injury to Company for which monetary damages would not be an adequate
remedy and, therefore, will entitle Company to injunctive relief (including specific performance). The rights and remedies provided to
each party in this Agreement are cumulative and in addition to any other rights and remedies available to such party at law or in equity.
7.7 Waiver.
Any waiver or failure to enforce any provision of this Agreement on one occasion will not be deemed a waiver of that provision or any
other provision on any other occasion.
7.8 Export.
I agree not to export, reexport, or transfer, directly or indirectly, any U.S. technical data acquired from Company or any products utilizing
such data, in violation of the United States export laws or regulations.
7.9 Counterparts.
This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and all of which shall be taken
together and deemed to be one instrument.
7.10 Entire
Agreement. If no other agreement governs nondisclosure and assignment of inventions during any period in which I was previously employed
or am in the future employed by Company as an independent contractor, the obligations pursuant to sections of this Agreement titled Confidential
Information Protections and Inventions shall apply. This Agreement is the final, complete and exclusive agreement of the parties with
respect to the subject matter hereof and supersedes and merges all prior communications between us with respect to such matters. No modification
of or amendment to this Agreement, or any waiver of any rights under this Agreement, will be effective unless in writing and signed by
me and an authorized officer of the Company. Any subsequent change or changes in my duties, salary or compensation will not affect the
validity or scope of this Agreement.
3
This Agreement shall be effective as of the first day of
my employment with Company.
COMPANY:
FIREFLY NEUROSCIENCE, INC.
By:
/s/ Greg Lipschitz
Name:
Greg Lipschitz
Title:
Chief Executive Officer
Address:
1100 Military Road, Kenmore, NY
EMPLOYEE:
I
HAVE READ, UNDERSTAND, AND ACCEPT THIS AGREEMENT AND HAVE BEEN GIVEN THE OPPORTUNITY TO REVIEW IT WITH INDEPENDENT LEGAL COUNSEL.
/s/ Jessica Paz
(Signature)
Jessica Paz
Name (Please Print)
9/9/2026
Address
4
EXHIBIT A
INVENTIONS
1. Prior Inventions
Disclosure. The following is a complete list of all Prior Inventions (as provided in Subsection 2.2 of the attached Employee Confidential
Information and Inventions Assignment Agreement):
☒ None
☐ See immediately below:
5
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v3.26.3
Cover
Sep. 08, 2026
Cover [Abstract]
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Document Period End Date
Sep. 08, 2026
Entity File Number
001-41092
Entity Registrant Name
FIREFLY NEUROSCIENCE, INC.
Entity Central Index Key
0000803578
Entity Tax Identification Number
54-1167364
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
1100 Military Road
Entity Address, City or Town
Kenmore
Entity Address, State or Province
NY
Entity Address, Postal Zip Code
14217
City Area Code
888
Local Phone Number
237-6412
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false
Soliciting Material
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Title of 12(b) Security
Common Stock, par value $0.0001 per share
Trading Symbol
AIFF
Security Exchange Name
NASDAQ
Entity Emerging Growth Company
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