Item 1.01. Entry into a Material Definitive Agreement.

On April 22, 2022, Regnum Corp. (the "Company") entered into a Consulting Agreement with Robert J. Stubblefield (the "Consulting Agreement"), pursuant to which Stubblefield agreed to serve in the capacity of the Company's Chief Financial Officer on a part-time, consulting basis. This Consulting Agreement supersedes the previous consulting agreement entered into by and between the Company and Stubblefield, dated as of April 7, 2021. The Consulting Agreement commenced and became effective as of April 22, 2022, and shall continue for an initial term of four (4) months (the "Initial Term"). The Initial Term may be extended, at the mutual written agreement of the Company and Stubblefield, up to two times, each for a term of an addition four (4) months, with the total term under the Consulting Agreement not to exceed twelve (12) months total.

Pursuant to the terms of the Consulting Agreement, Stubblefield will receive a compensation of $3,750.00 per month on a flat fee basis. Under the Consulting Agreement, Stubblefield is subject to certain obligations and restrictive covenants, including, but not limited to: confidentiality, assignment of intellectual property rights, and non-disparagement, among others. The Consulting Agreement is governed by the laws of the State of New York. During the Initial Term, the Consulting Agreement may be terminated by the Company with a prior thirty (30) days' written notice, upon receipt of which Stubblefield shall no longer hold the title or perform the duties of the Chief Financial Officer. In the event of termination of the Consulting Agreement during the Initial Term, the Company shall compensate Stubblefield for the entirety of the Initial Term. Following the Initial Term, the Consulting Agreement may be terminated either by the Company or by Stubblefield for any reason, with or without breach, and without a prior notice.

The description of Stubblefield's Consulting Agreement set forth above is qualified in its entirety by reference to the full text of the Consulting Agreement, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K, and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits



Exhibit No.   Description
  10.1          Consulting Agreement, dated as of April 22, 2022, by and between
              Regnum Corp. and Robert J. Stubblefield
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              document)





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