Deal keeps him at club until end of 2026/27 season.
The award came after Inverness went unbeaten through their three League One matches in November.
You can buy alcohol within stadiums in England. Should you be able in Scotland?
The Caley Jags came back from two goals behind to claim all three points at Links Park.
The versatile player has made over 100 appearances for the club, including featuring in every round of their North of Scotland Cup triumph last year.
Inverness came back from a goal down to win 3-1.
Inverness were losing with just minutes left on the clock, but staged a remarkable comeback to claim all three points.
James Nolan has none other than Sir Alex Ferguson to thank for a bizarre career detour to Highlands.
Goalkeeper Jack Hamilton ended 11 months of Premiership exile by putting the reins on a Celtic Park rampage.
Conor Gethins admits every corner of his Clachnacuddin squad will be tested to the limit through December.