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

On April 12, 2022, AudioEye, Inc. (the "Company") and Christopher Hundley, the Company's President, mutually agreed that Mr. Hundley's employment with the Company would terminate on April 15, 2022. On April 15, 2022, the Company and Mr. Hundley entered into a Separation Agreement and Release (the "Agreement"), pursuant to which Mr. Hundley will receive $58,333 in cash severance, payable in accordance with regular payroll practices, and, if elected, the payment of certain premiums for continuing group health insurance through June 30, 2022. In addition, the Agreement provides that Mr. Hundley will provide transition assistance to the Company through June 15, 2022, and the 10,194 restricted stock units scheduled to vest on June 15, 2022 will so vest, subject to Mr. Hundley continuing to provide transition services through that date.

The foregoing summary of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is filed as Exhibit 10.1 to this report and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.






(d) Exhibits:



Exhibit  Description
 Number
  10.1     Separation Agreement and Release dated as of April 15, 2022, between
         the Company and Christopher Hundley
  104    Cover Page Interactive Data File (embedded within the Inline XBRL
         document)

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