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





Departure of Director


On August 19, 2020 Mr. Jack Peterson tendered his resignation as a director to the board of directors (the "Board") of Eastside Distilling, Inc. (the "Company"). The Board accepted the resignation of Mr. Peterson, effective August 25, 2020. Mr. Peterson did not serve on any Board committees at the time of his resignation. Mr. Peterson is the President of Sandstrom Partners ("Sandstrom"), who has provided the Company with marketing strategy and branding services since 2016. The Company has a bona fide dispute with Sandstrom regarding the services rendered, the amount owed, and the terms of the Company's arrangement with Sandstrom. The Company and Sandstrom are negotiating a resolution of the dispute. The Company believes that Mr. Peterson resigned in connection with the dispute and the ongoing negotiations.

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