HEALTHIER CHOICES MANAGEMENT CORP. : Entry into a Material Definitive Agreement, Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

The information set forth below under Item 5.02 is hereby incorporated by reference into this Item 1.01.

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

(e) Compensatory Arrangements of Certain Officers

Healthier Choices Management Corp. (the "Company") entered into an amended and restated employment agreement (the "Employment Agreement Amendment") with the Company's President and Chief Operating Officer, Christopher Santi. Pursuant to the Employment Agreement Amendment, Mr. Santi will continue to be employed as the Company's President and Chief Operating Officer through January 30, 2024. Mr. Santi will receive a base salary of $363,000 for 2021 and his salary will increase 10% in each subsequent year.

The above description of the terms of the Employment Agreement Amendment are not complete and are qualified by reference to the complete document, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit
Number      Description

10.1        Second Amended and Restated Employment Agreement, entered into as of
            February 26, 2021 by and between the Company and Christopher Santi

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