Item 8.01 Other Items.

On December 15, 2020, upon the recommendation of the compensation committee of the board of directors (the "Board") of Tellurian Inc. (the "Company"), the Board approved certain compensation for the Company's Executive Chairman, Charif Souki, in relation to his appointment as Executive Chairman, which was previously disclosed in the Company's Form 8-K filed on June 23, 2020. Mr. Souki's service in such capacity includes working closely with management on the Company's financing activities and the development and financing of the Driftwood Project. For fiscal year 2020, the Board approved the payment of cash compensation of $900,000. For his continued service during fiscal year 2021, the Board approved the payment of cash compensation of $100,000 per month and the issuance of 10,000,000 non-qualified stock options under the Amended and Restated Tellurian Inc. 2016 Omnibus Incentive Compensation Plan. The stock options will have a term of five years, with one-third of the options vesting on each of the one-year, two-year, and three-year anniversaries of the grant date, with exercise prices of $3.50, $4.50 and $5.50 per share, respectively.

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