Exhibit 10.1

SEPARATION AND RELEASE AGREEMENT

THIS SEPARATION AND RELEASE AGREEMENT is entered into as of March 13, 2026 between Luciano Melluzzo (“Executive” or “LM”) and Air Industries Group, a Nevada corporation (“Company”). The Executive and Company are at times individually referred to herein as a “Party” and collectively as the “Parties.”

R E C I T A L S:

Executive became the President and an employee of the Company upon acceptance of the terms contained in the letter to the Executive from the Company dated August 23, 2017. Executive has advised the Company that he desires to retire from his positions within the Company. The Company and the Executive have agreed that the Executive will receive the benefits provided for herein in lieu of any other amounts which may be due the Executive and to resolve all claims Executive may have against the Company or any of the Releasees (as defined below), including any claims Executive may have arising out of his employment or the end of his employment by the Company.

NOW, THEREFORE, in consideration for the mutual promises made in this Agreement, the Parties hereby agree as follows:

Concurrently with the execution and delivery hereof, the Parties are entering into a Cooperation Agreement. The obligations of the Parties under this Agreement and the Cooperation are separate and distinct.

If to the Company:

Mr. Scott Glassman

Chief Financial Officer

Air Industries Group

1460 Fifth Avenue

Bay Shore New York 11706New Britain, CT o6o53

If to Executive:

Mr. Luciano Melluzzo

93 Foxon Place

New Britain, CT 06053

EXECUTIVE EXPRESSLY ACKNOWLEDGES, REPRESENTS, AND WARRANTS THAT EXECUTIVE HAS READ THIS AGREEMENT CAREFULLY; THAT EXECUTIVE FULLY UNDERSTANDS THE TERMS, CONDITIONS, AND SIGNIFICANCE OF THIS AGREEMENT; THAT EXECUTIVE HAS HAD A FULL OPPORTUNITY AND SUFFICIENT TIME TO REVIEW THIS AGREEMENT; THAT EXECUTIVE UNDERSTANDS THAT THIS AGREEMENT HAS BINDING LEGAL EFFECT; AND THAT EXECUTIVE HAS EXECUTED THIS AGREEMENT FREELY, KNOWINGLY, AND VOLUNTARILY.

[Signature Page Follows]

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date set forth above.

EXHIBIT A

RELEASE

THIS RELEASE (“Release Agreement”) is entered into between Luciano Melluzzo (“Executive” or “LM”) and Air Industries Group, a Nevada corporation (“Company”) and is effective as of the date executed and delivered by Executive. The Executive and Company are at times individually referred to herein as a “Party” and collectively as the “Parties.”

R E C I T A L S:

The Parties entered into a Separation and Release Agreement (“Separation Agreement”) to which this Release Agreement is annexed;

The Separation Agreement promised Executive certain consideration if he executed this Release Agreement;

This Release Agreement shall not be considered to have been made or effective if Executive executes it prior to the Separation Date referred to in the Separation Agreement.

NOW, THEREFORE, in consideration for the mutual promises made in this Agreement, the Parties hereby agree as follows:

1. Release and Covenant Not To Sue:

a. As a material inducement to the Company to enter into the Separation Agreement and to make the payments and issue the securities to be paid or issued after the date hereof as provided for therein, Executive, and Executive’s heirs, distributees and assigns, agrees to and in consideration for payments and benefits provided herein, hereby voluntarily, irrevocably, and unconditionally release, acquit, and forever discharge the Company, its Subsidiaries and their respective affiliates, officers, trustees, directors, agents, employees, and each of them (collectively, the “Releasees”), from any and all claims, known and unknown, asserted or unasserted, which the Executive has or may have against Releasees as of the date hereof, including, but not limited to, (i) any claims, whether statutory, common law, or otherwise, arising out of the terms or conditions of Executive’s employment at Company, the facts and circumstances of Executive’s employment, and the termination of Executive’s employment with Company; (ii) any claims for breach of contract, quantum meruit, unjust enrichment, breach of oral promise, tortious interference with business relations, injurious falsehood, defamation, negligent or intentional infliction of emotional distress, invasion of privacy, and any other common law contract and tort claims; (iii) any claims for unpaid or lost benefits or salary, bonus, vacation pay, severance pay, or other compensation; (iv) any claims for attorneys’ fees, costs, disbursements, or other expenses; (v) any claims for damages or personal injury; (vi) any claims of employment discrimination, harassment or retaliation, whether based on federal, state, or local law or judicial or administrative decision; and (viii) any claims arising under Section 120 of New York Worker’s Compensation law; the National Labor Relations Act, 29 U.S.C. §151 et seq.; the Fair Labor Standards Act, 29 U.S.C. §201, et seq.; the Employee Retirement Income Security Act of 1974, 29 U.S.C. §1001 et seq.; the Civil Rights Acts of 1964 and 1991, 42 U.S.C. §2000e et seq.; the Civil Rights Act of 1866, 42 U.S.C. §1981 et seq.; the Rehabilitation Act of 1973, 29 U.S.C. §701 et seq.; the Equal Pay Act of 1963, 29 U.S.C. §206(d); the Americans with Disabilities Act, 42 U.S.C. §12101 et seq.; the Age Discrimination in Employment Act, 29 U.S.C. §621 et seq.; the Older Workers Benefit Protection Act, 29 U.S.C. §621 et seq.; Worker Adjustment and Retraining Notification (WARN) Act; the Consolidated Omnibus Budget Reconciliation Act of 1985, I.R.C. § 4980B; the Genetic Information Nondiscrimination Act, 42 U.S.C. § 2000ff; the Sarbanes-Oxley Act of 2002, 18 U.S.C. §1514A, et seq.; the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub Law. No. 111-203; the Family and Medical Leave Act, 29 U.S.C. § 2601 et seq.; the Families First Coronavirus Response Act, PL 116-127; the New York State Human Rights Law, the New York City Human Rights Law, the New York State Civil Rights Law, the New York Equal Pay Law, the New York Whistleblower Law, the New York Workers’ Compensation Law, the New York occupational safety and health laws, and the New York wage hour and wage-payment laws; all federal, state, and local COVID-19 leave laws; the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and/or any other federal, state or local statute, law, ordinance, regulation or order, or the common law, or any self-regulatory organization rule or regulation (“Release”). The enumeration of specific rights, claims, and causes of action being released should not be construed to limit the general scope of this Release. Executive knowingly and voluntarily gives up all rights, claims, and causes of actions against the Releasees which accrued prior to the date hereof, whether or not Executive is aware of them and whether or not any damage or injury has yet occurred.

b. This Release specifically does not preclude claims (i) to enforce the terms of the Separation Agreement; (ii) that cannot be released by law, such as claims for unemployment compensation benefits or for workers’ compensation benefits; or (iii) for indemnification and defense by the Company of third-party claims arising from the performance of Executive’s duties for Company under any agreement between Executive and the Company, the Certificate of Incorporation or Bylaws of the Company or under the common law.

c. Executive has not filed any lawsuits or arbitrations against the Company, or filed or caused to be filed any claims, charges, or complaints against the Company, in any administrative, judicial, arbitral, or other forum, including any charges or complaints against the Company with any international, federal, state, or local agency charged with the enforcement of any law or any self-regulatory organization.

d. Pursuant to and as a part of Executive’s release and discharge of the Releasees, as set forth herein, Executive agrees not to sue or file a lawsuit or demand for arbitration based on any claim released herein; in the event Executive does so, and does not prevail, Executive shall be liable for the Releasees’ costs and reasonable attorneys’ fees. This Agreement does not prevent Executive from (i) commencing an action or proceeding to enforce this Agreement; (ii) bringing a complaint of any kind to any government agency; or (iii) bringing a civil action on the basis of a claim not released under this Agreement.

a. Executive may not execute this Release Agreement prior to the Separation Date set forth in the Separation Agreement.

2. Incorporation by Reference:

Paragraphs 12, 13, 15, 16, 17, 18 and 19 of the Separation Agreement are hereby incorporated by reference as if set forth herein.

IN WITNESS WHEREOF, the parties hereto have executed this Release Agreement on the dates appearing below.

AIR INDUSTRIES GROUP