EXHIBIT 10.1

EMPLOYMENT, NON-COMPETITION

AND PROPRIETARY RIGHTS AGREEMENT

THIS EMPLOYMENT NON-COMPETITION AND PROPRIETARY RIGHTS AGREEMENT (the
“Agreement”) is effective as of the 17th day of June, 2015 (the “Effective
Date”), by and between Emergent Health Corp, a Nevada corporation (the
“Company”), and Chris Swenson (the “Employee”).

RECITALS:

A.        The Company is engaged in the sale of nutraceutical products.

B.        The Company is desirous of employing Employee as the President and
Chief Executive Officer.

C.        NOW, THEREFORE, in consideration of the foregoing and the agreements,
covenants and conditions set forth herein, the Employee and the Company hereby
agree as follows:

ARTICLE I

EMPLOYMENT

1.1       Employment.  The Company hereby employs, engages and hires Employee,
and Employee hereby accepts employment, upon the terms and conditions set forth
in this Agreement.  Employee is employed as President and Chief Executive
Officer.  Employee shall report to the Board of Directors of the Company and all
members of the management team will report to the Employee.  During the term of
Employee’s employment, the Company shall not incur any liabilities or spend any
cash (save for liabilities individually or which in the aggregate do not exceed
$1,000) without the prior consent of Employee.

1.2       Activities and Duties During Employment.  Employee represents and
warrants to the Company that Employee is free to accept employment with the
Company and that Employee has no prior or other commitments or obligations of
any kind to anyone else which would hinder or interfere with the acceptance and
performance of the obligations under this Agreement.

Employee accepts the employment described in Article I of this Agreement and
agrees to devote his good faith efforts to the faithful and diligent performance
of the services described herein, including the performance of such other
services and responsibilities as the Company may, from time to time, stipulate.
 Notwithstanding the foregoing, Employee may:  (i) serve on the board of
directors of other entities or serve in any capacity with any hobby, avocation,
civic, educational, religious, professional or charitable activity or
organization provided that such service does not materially interfere or
conflict with his duties hereunder; and (ii) make and manage personal
investments of his choice and (iii) serve as a consultant to third parties
including Beneffect, LLC (marketers of a Liquid Oxygen product) on a less than
full time basis.  Employee shall comply with and be bound by the Company’s
operating policies, procedures and practices in effect from time to time during
the terms of his employment.  

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1.3       Scheduled Work Week.  Employee’s regularly scheduled work week shall
consist of approximately 40 hours per week (including one hour for lunch per
day), subject to such additional time if necessary to fulfill duties reasonably
assigned to Employee.  The parties acknowledge and agree that Employee shall
perform such work primarily during regular business hours, but shall have the
right to perform the services referenced in Section 1.2(i), (ii) and (iii) from
time to time at convenient times, provided they do not materially interfere with
Executive’s duties hereunder (which shall be deemed not to interfere absent
delivery of written notice from the Company and failure of Executive to make
good faith efforts to accommodate reasonable requests by the Company).

ARTICLE II

TERM

2.1       Term.  The term of employment under this Agreement shall be three (3)
year, commencing as of the date of the Agreement (such term of employment, as it
may be extended or terminated, is herein referred to as the “Employment Term”),
which Employment Term shall automatically renew for additional three (3) year
periods unless terminated by Employee.

2.2       Termination.  The Employment Term and Employment of Employee may be
terminated as follows:

(a)        Automatically, without the action of either party, upon the death of
the Employee.

(b)        By either party upon the Total Disability of the Employee.  The
Employee shall be considered to have a Total Disability for purposes of this
Agreement if he is unable, by reason of accident or illness or mental
disability, to substantially perform his employment duties for a period of three
(3) months during any period of twelve (12) consecutive months.  The
determination of whether a Total Disability has occurred shall be based on the
determination of a physician selected by the Company.  Nothing herein shall
limit the Employee’s right to receive any payments to which Employee may be
entitled under any disability or employee benefit plan of the Company or under
any disability or insurance policy or plan.  During a period of Total Disability
prior to termination hereunder, Employee shall continue to receive his full
compensation (including base salary and bonus) and benefits.

(c)        By the Employee upon thirty (30) days’ written notice to the Company.

(d)        Upon expiration of the Employment Term should Employee not elect to
continue in the employment of the Company for the next successive renewal term.

(e)        By the Company “Without Cause,” and without notice which shall mean a
termination of the Employee’s employment by the Company other than pursuant to
the provisions of Section 2.2(a), Section 2.2(b) and Section 2.2(f) hereof or by
virtue of the Company not renewing the term of this Agreement at a time where
Employee is ready, willing and able to renew the term of this Agreement.  Any
termination of Employee which occurs within six months of a “Change in Control”
of Company and other than for “Cause,” shall be deemed a termination Without
Cause.  For purposes of this Agreement, a “Change in Control” occurs when there
is: (a) a sale of substantially all of the assets of the Company; (by any person

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or entity that is not a shareholder of the Company as of the date of this
Agreement, becomes the beneficial owner, directly or indirectly, of securities
of the Company representing more than fifty percent (50%) of the Company’s
outstanding securities; (c) the approval of a merger, sale or consolidation of
the Company with any other company, other than a merger or consolidation which
would result in the voting securities of Company outstanding immediately prior
thereto continuing to represent more than fifty percent (50%) of the combined
voting power of the voting securities of the Company or such surviving entity
outstanding immediately after such merger consolidation; or (d) the shareholders
and/or board of directors of the Company approve a plan of liquidation,
dissolution or winding up of the Company.

(f)        By the Company for “Cause” (as defined below).

2.3       Cessation of Rights and Obligations:  Survival of Certain Provisions.
 On the date of expiration or earlier termination of the Employment Term for any
reason, all of the respective rights, duties, obligations and covenants of the
parties, as set forth herein, shall except as specifically provided herein to
the contrary, cease and become of no further force or effect as of the date of
said termination, and shall only survive as expressly provided for herein.

2.4       Cessation of Compensation.  In lieu of any severance under any
severance plan that the Company may then have in effect, and subject to:  (i)
the receipt of a full and unconditional release from Employee; and (ii) any
amounts owed by the Employee to the Company under any contract, agreement or
loan document entered into after the date hereof (including, but not limited to,
loans made by the Company to the Employee), the Company shall pay to the
Employee, and the Employee shall be entitled to receive, the following amounts
within thirty (30) days of the date of termination of his employment in full
satisfaction of any obligation to Employee for termination of this Agreement:

(a)        Voluntary Termination/Termination For Cause.  Upon:  (i) termination
of the Employee’s employment for “Cause” pursuant to Sections 2.2(f); or (ii)
Employee’s resignation; or (iii) the expiration of the Employment Term, because
the Employee elects not to extend the Employment Term, Employee shall be
entitled to receive his base salary, bonus, benefits and expense reimbursements
solely through the date of his remaining term of his entire employment agreement
duration.

(b)        Death/Total Disability.  Subject to the terms of Section 2.4(d)
below, upon the termination of the Employment Term by reason of the death or
Total Disability of the Employee, pursuant to Sections 2.2(a) or (b), the
Employee (or, in the case of death, his estate) shall be entitled to receive his
base salary through the date of death or determination of Total Disability and
to the end of his employment agreement. If there is less than 12 months
remaining on the agreement the continuation of full compensation for the greater
of the duration of the remaining entire employment agreement or 12 months.

(c)        Without Cause.  Subject to the terms of Section 2.4(d) below, if
Employee’s employment is terminated Without Cause, pursuant to Section 2.2(e),
Employee will be entitled to receive his base salary through the date of
termination plus the greater of the remaining entire employment agreement or
eighteen (18) months additional salary to be paid out over the ensuing eighteen
(18) month period in accordance with the Company’s normal payroll practice
(subject to applicable withholding tax).

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(d)       Stabilization.  For purposes hereof, “Stabilization” shall be deemed
to exist as of any point in time in the event that the earnings before interest,
taxes, depreciation and amortization (“EBITDA”) for the 12 full months
immediately preceding the month in which Employee’s employment is terminated,
exceeds $200,000.  If as of the date of termination of Employee’s employment the
Company has not achieved Stabilization, then Notwithstanding anything to the
contrary contained herein, except as provided in Section 2.4(e)  below, the sole
compensation Employee shall be entitled to receive from the Company for
termination of this Agreement shall be the receipt of his base salary, bonus,
benefits and expense reimbursements through the date of termination.  In
addition, notwithstanding anything to the contrary contained herein, until such
point in time that the Company has either raised at least $1,000,000 of
additional capital (by debt and/or equity financing from sources other than
Executive) or has achieved Stabilization (such point in time being the “Cash
Stabilization Point”), it shall not be obligated to pay the full salary called
for hereunder, and at the option of the Board of Directors of the Company, the
Company can accrue the unpaid portion of the salary or waive the obligation to
pay salary, provided: (i)  in no event shall the Company pay less than  $10,000
per month to Executive for the remaining term of this Agreement  

(e)        Termination Compensation in Event of Change in Control.
 Notwithstanding anything to the contrary contained in this Agreement, in the
event that following a Change in Control Employee’s employment is terminated due
to death, total disability or Without Cause pursuant to Sections 2.2(a), 2.2(b)
or 2.2(e), respectively, then Employee (or his estate) will be entitled to
receive his base salary over the next ensuing sixty (60) month period in
accordance with the Company’s normal payroll practice (subject to applicable
withholding tax, as well as all accrued, unpaid salary.

2.5       Business Expenses.

(a)        Reimbursement.  The Company shall reimburse the Employee for all
reasonable, ordinary, and necessary business expenses incurred by him in
connection with the performance of his duties hereunder, including, but not
limited to, ordinary and necessary travel expenses and entertainment expenses.
 The reimbursement of business expenses will be governed by the policies for the
Company and the terms otherwise set forth herein.  Notwithstanding anything to
the contrary contained herein, as it relates to automobile expenses (lease or
use of vehicle, gas and maintenance), cell phone expenses and internet expenses,
the Company shall pay Employee an $800 per month automobile allowance to cover
all of such expenses and Employee shall be responsible for paying those expenses
directly.

(b)        Accounting.  The Employee shall provide the Company with an
accounting of his expenses, which accounting shall clearly reflect which
expenses were incurred for proper business purposes in accordance with the
policies adopted by the Company and as such are reimbursable by the Company.
 The Employee shall provide the Company with such other supporting documentation
and other substantiation of reimbursable expenses as will conform to Internal
Revenue Service or other requirements.  All such reimbursements shall be payable
by the Company to the Employee within a reasonable time after receipt by the
Company of appropriate documentation therefore.

2.6       Termination for “Cause.”  For purposes of this Agreement, “Cause” for
Employee’s termination will exist if the Company terminates Employee’s
employment for any of

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the following reasons: (i) Employee fails to substantially perform his duties
hereunder (other than any such failure due to his physical or mental illness),
and such l failure is not remedied within ten (10) business days after written
notice from the Company’s board of directors, which written notice shall state
that failure to remedy such conduct may results in an involuntary termination
for Cause; (ii) Employee engages in willful and serious misconduct (including,
but not limited to, an act of fraud or embezzlement) that has caused or is
reasonably expected to result in material injury to the Company or any of its
Affiliates; (iii) Employee is convicted of or enters a plea of guilty or nolo
contendere to a:  (A) crime that materially adversely affects his ability to
perform his duties on behalf of the Company; or (B) felony; (iv) Employee
engages in alcohol or substance abuse which adversely affects his ability to
perform his duties; or (v) Employee willfully breaches any of his obligations
hereunder or under any other agreement between himself and the Company, and such
willful breach is not remedied within ten (10) business days after written
notice from the Company’s board of directors, which written notice shall state
that failure to remedy such conduct may result in an involuntary termination for
Cause.

ARTICLE III

COMPENSATION AND BENEFITS

3.1       Compensation.  During Employee’s employment, the Company shall pay
Employee such salary, bonus and other benefits and awards as set forth on
Exhibit A.

3.2       Payment.  Except as otherwise provided herein, all compensation shall
be payable in intervals in accordance with the general payroll payment practice
of the Company.  The compensation shall be subject to such withholdings and
deductions by the Company as are required by law.

3.3       Vacation.  The Employee shall be entitled to receive four (4) weeks of
personal time off (“PTO”) each year of the Employment Term (prorated for
fractional years).  

3.4       Other Benefits.  Employee shall be entitled to participate in any
retirement, pension, profit-sharing, stock option, health plan, insurance,
disability income, incentive compensation and welfare or any other benefit plan
or plans of the Company which may now or hereafter be in effect and for which
the Employee is eligible or for which all executives in general are eligible.
 Notwithstanding the forgoing, the Company shall be under no obligation to
institute or continue the existence of any such benefit plan.

ARTICLE IV

CONFIDENTIALITY, NON-SOLICITATION, NON-COMPETE

AND QUIT CLAIM AGREEMENT

4.1       Non-Disclosure of Confidential Information.  Employee hereby
acknowledges and agrees that, as of a result of the employment hereunder,
Employee will acquire, develop, and use information that is not generally known
to the public or to the Company’s industry, including but not limited to,
certain records, phone locations, documentation, software programs, email and
mobile strategies, price lists, customer lists, contract prices for the
Company’s services, business plans and prospects of the Company, equipment
configurations, ledgers and general information, employee records, mailing
lists, accounts receivable and payable ledgers, financial and other

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records of the Company or its affiliates, and other similar matters, as well as
any information disclosed to the Company by any third party under which the
Company has a confidentiality obligation to the third party (all such
information pertaining to the Company, its affiliates or disclosed to Company
under confidentiality from third parties being hereinafter referred to as
“Confidential Information”).  Employee further acknowledges and agrees that the
Confidential Information is of great value to the Company and its affiliates and
that the restrictions and agreements contained in this Agreement are reasonably
necessary to protect the Confidential Information and the goodwill of the
Company.  Accordingly, Employee hereby agrees that:

(a)        Employee will not, while employed by the Company or for three years
thereafter, directly or indirectly, except in connection with Employee’s
performance of the duties under this Agreement, or as otherwise authorized in
writing by the Company for the benefit of the Company or its “Affiliates” (as
hereinafter defined), divulge to any person, firm, corporation, limited
liability company, or organization, other than the Company or its Affiliates
(hereinafter referred to as “Third Parties”), or use or cause or authorize any
Third Parties to use, the Confidential Information, except as required by law;
and

(b)        Upon the termination of Employee’s employment for any reason
whatsoever, Employee shall deliver or cause to be delivered to the Company any
and all Confidential Information, including drawings, notebooks, notes, records,
keys, disks data and other documents and materials belonging to the Company or
its Affiliates which is in his possession or under his control relating to the
Company or its Affiliates or abstracts therefrom, regardless of the medium upon
which it is stored, and will deliver to the Company upon such termination of
employment any other property of the Company or its Affiliates which is in his
possession or control.

4.2       Non-Solicitation Covenant.  Employee hereby covenants and agrees that
while employed by the Company and for a period of two (2) years  following the
termination of the Employee’s employment with the Company for any reason,
Employee shall not:  (i) directly or indirectly, endeavor to entice away from
the Company or its Affiliates any person, firm, corporation, limited liability
company or other entity that was a customer of the Company at any time while
Employee was an employee of the Company or its Affiliates or who is a
“prospective vendor or customer” of the Company; or (ii) induce, attempt to
induce or hire any employee (or any person who was an employee during the year
preceding the date of any solicitation) of the Company or its Affiliates to
leave the employ of the Company or its Affiliates or to otherwise perform
services directly or indirectly for others, or in any way interfere with the
relationship between any such employee and the Company or its Affiliates.  For
purposes hereof, “prospective vendor or customer” shall mean any person or
entity which has been solicited for business by Employee or any officer or other
employee of the Company or its Affiliates at any time during Employee’s
employment.

4.3       Non-Competition Covenant.  Employee acknowledges that the covenants
set forth in this Section 4.3 are reasonable and are granted in part in
consideration of the new management team of the Company to join the Company and
arrange for Employee to be a substantial shareholder.  Employee also
acknowledges that the enforcement of the covenants set forth in this Section 4.3
will not preclude Employee form being gainfully employed in such manner and to
the extent as to provide a standard of living for himself, the members of his
family and the others dependent upon him of at least the level to which he and
they have become accustomed and may

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expect.  Employee hereby agrees that he shall not, during his employment and for
a period of two (2) years after the end of his employment directly or
indirectly, engage in any proprietorship, partnership, firms trust, company,
limited liability company or other entity, other than the Company (whether as
owner, partner, trustee, beneficiary, stockholder, member, officer, director,
employee, independent contractor, agent, servant, consultant, manager, lessor,
lessee, or otherwise) that competes with the Company in the Business of the
Company in the Restricted Territory (as defined herein), other than acquiring an
ownership interest in a company listed on a recognized Stock exchange in an
amount which does not exceed five percent (5%) of the outstanding Stock of such
corporation.  For purposes of this Agreement:  (i) the term “Business of the
Company” shall include all business activities and ventures in which the Company
is engaged in from time to time, including but not limited to the sale of
nutraceutical products, provided in no event shall the sale of any liquid oxygen
products be deemed a violation of any of the restrictive covenants contained
herein; and (ii) the term “Restricted Territory” means any state in the United
States of America.

4.4       Remedies.

(a)        Injunctive Relief.  Employee expressly acknowledges and agrees that a
violation of any of the provisions of Sections 4.1, 4.2 or 4.3 could cause
immediate and irreparable harm, loss and damage to the Company not adequately
compensable by a monetary award.  Employee further acknowledges and agrees that
the time periods and territorial areas provided for herein are reasonable in
order to adequately protect the Business of the Company, the enjoyment of the
Confidential Information and the goodwill of the Company.  Without limiting any
of the other remedies available to the Company at law or in equity, or the
Company’s right or ability to collect money damages, Employee agrees that any
actual or threatened violation of any of the provisions of Sections 4.1, 4.2, or
4.3 may be immediately restrained or enjoined by any court of competent
jurisdiction, injunction may be issued in any court of competent jurisdiction,
without notice and without bond.  Notwithstanding anything to the contrary
contained in this Agreement, the provisions of this Article IV shall survive the
termination of Employee’s employment.

(b)        Enforcement:  It is the desire of the parties that the provisions of
Sections 4.1, 4.2, or 4.3 be enforced to the fullest extent permissible under
the laws and public policies in each jurisdiction in which enforcement might be
sought.  Accordingly, if any particular portion of Sections 4.1, 4.2 or 4.3
shall ever be adjudicated as invalid or unenforceable, or if the application
thereof to any party or circumstance shall be adjudicated to be prohibited by or
invalidated by such laws or public policies, such section or sections shall be:
 (i) deemed amended to delete there from such portions so adjudicated; or (ii)
modified as determined appropriate by such a court, such deletions or
modifications to apply only with respect to the operation of such section or
sections in the particular jurisdictions so adjudicating on the parties and
under the circumstances as to which so adjudicated.

(c)        Legal Fees.  In any action to enforce the terms of this Agreement,
the prevailing party shall be entitled to reimbursement from the other party of
reasonable legal fees and costs.

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4.5       Company.  All references to the Company in this Article IV shall
include “Affiliates” of the Company, as that term is construed under Rule 405 of
the Securities Act of 1933, as amended.  

4.6       Quit Claims.  By execution of this Agreement, Employee: (i) assigns
and quit claims to the Company all right, title and interest as relates to the
Business of the Company in any patentable or potentially patentable invention or
design within the meaning of Title 35 of the United States Code, and any utility
or design created or discovered by the Employee during the course of his
employment with the Company; and (ii) agrees that if during the course of his
employment by the Company, he discovers, invents or produces, without
limitation, any information, formulae, product, device, software, system,
technique, drawing, program or process, which is a “trade secret” within
applicable law or deemed to be such in the opinion of the Company’s board of
directors, such information formulae, product, device, system, technique,
drawing, program or process shall be assigned to the Company.  Employee agrees
to fully cooperate with the Company in:  (A) protecting the value and secrecy of
any such trade secrets, and further agrees to execute any and all documents the
Company deems necessary to document any such assignment to the Company; and (B)
Employee designates the Company his attorney-in-fact to execute any documents
the Company may deem necessary that relates to any such trade secret or
assignment thereof to the Company.

Notwithstanding anything to the contrary herein, this Agreement does not apply
to any invention (“Employee Owned Invention(s)”) for which no equipment,
supplies, facility or trade secret information of the Company was used and which
was developed entirely on the Employee’s own time, unless:  (a) the invention
relates: (i) to the Business of the Company; or (ii) to the Company’s actual
research or development; or (b) the invention results from any work performed by
the Employee for the Company.  Except as noted on the signature page hereof,
Employee claims no right in any inventions as of the date hereof.

ARTICLE V

MISCELLANEOUS

5.1       Notices.  All notices or other communications required or permitted
hereunder shall be in writing addressed to the last known address of the Party
entitled to notice and shall be deemed given, delivered and received:  (a) when
delivered, if delivered personally; (b) four (4) days after mailing, when sent
by registered or certified mail, return receipt requested and postage prepaid;
(c) one (1) business day after delivery to a private courier service, when
delivered to a private courier service providing documented overnight service;
and (d) on the date of delivery if delivered by telecopy, receipt confirmed,
provided that a confirmation copy is sent on the next business day by first
class mail, postage prepaid, in each case addressed as follows:

 

To Employee at:

The address set forth on the signature page hereof.

 

 

 

 

To Company at:

Emergent Health Corp

 

 

2424 N. Federal Highway

 

 

Boca Raton, Florida 33431

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Any party may change its address for purposes of this paragraph by giving the
other party written notice of the new address in the manner set forth above.

5.2       Entire Agreement; Amendments, Etc.  This Agreement contains the entire
agreement and understanding of the parties hereto, and supersedes all prior
agreements and understandings relating to the subject matter hereof.  Except as
provided in Section 4.4(b) above, no modification, amendment, waiver or
alteration of this Agreement or any provision or term hereof shall in any event
be effective unless the same shall be in writing, executed by both parties
hereto, and any waiver so given shall be effective only in the specific instance
and for the specific purpose for which given.

5.3       Benefit.  This Agreement shall be binding upon, and inure to the
benefit of, and shall be enforceable by, the heirs, successors, legal
representatives and permitted assignees of Employee and the successors,
assignees and transferees of the Company.  This Agreement or any right or
interest hereunder may not be assigned by Employee without the prior written
consent of the Company.

5.4       No Waiver.  No failure or delay on the part of any party hereto in
exercising any right, power or remedy hereunder or pursuant hereto shall operate
as a waiver thereof; nor shall any single or partial exercise of any such right,
power or remedy preclude any other or further exercise thereof or the exercise
of any other right, power or remedy hereunder or pursuant thereto.

5.5       Severability.  Wherever possible, each provision of this Agreement
shall be interpreted in such manner as to be effective and valid under
applicable law but, if any provision of this Agreement shall be prohibited by or
invalid under applicable law, such provision shall be ineffective to the extent
of such prohibition or invalidity, without invalidating the remainder of such
provision or the remaining provision of this Agreement.  If any part of any
covenant is unenforceable or the making of any covenant hereunder is
unenforceable, the parties hereto agree, and it is their desire, that the court
shall substitute a judicially enforceable limitation in its place, and that as
so modified this Agreement, as so modified, shall be binding upon the parties as
if originally set forth herein.

5.6       Compliance and Headings, Counsel.  Time is of the essence of this
Agreement.  The headings in this Agreement are intended to be for convenience
and reference only, and shall not define or limit the scope, extent or intent or
otherwise affect the meaning of any portion hereof.  This Agreement has been
prepared by Taft, Stettinius & Hollister (“Taft”) in its capacity as counsel for
Employee.  The parties acknowledge that following the date of execution of this
Agreement, Employee may be in a control position of the Company and may request
Taft to provide certain services for the benefit of the Company. By execution of
this Agreement, Company acknowledges that it has retained separate counsel with
respect to this Agreement and the issues set forth in this Section 5.6, and
further agrees that following the date hereof, should it elect to retain Taft as
counsel, that it is aware of the conflict of interest with respect to Taft’s
prior representation of Employee, and that both it and Employee will consent to
Taft’s ongoing representation of the Company despite the conflict of interest
with respect to which it has been advised.  Both parties are aware that should a
dispute arise in the future between Employee and the Company, Taft may elect to
represent neither of the parties with respect to such dispute,

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which could result in both parties incurring greater legal expense than in
retaining Taft as counsel.

5.7       Arbitration.  If there is any dispute between the parties concerning
any matter relating to this Agreement, the exclusive basis for adjudication of
this Agreement (except with respect to the performance of the covenants and
obligations as set forth in Article IV above) shall be by arbitration as
detailed herein.  Either party may submit the dispute to binding arbitration.
 Any such arbitration proceeding will be conducted in Cook County, Illinois and
except as otherwise provided in this Agreement, will be conducted under the
auspices of JAMS/Mediation, Inc., in accordance with the then current Commercial
Arbitration Rules of the American Arbitration Association.  The arbitrator shall
allow such discovery as the arbitrator determines appropriate under the
circumstances.  The arbitrator shall determine which party, if either, prevailed
and shall award the prevailing party its costs.  Each party will bear his, her
or its respective attorneys’ fees.  The award and decision of the arbitrator
shall be conclusive and binding on all parties to this Agreement and judgment on
the award may be entered in any court of competent jurisdiction.  The parties
acknowledge and agree that any arbitration award may be enforced against either
or both of them in a court of competent jurisdiction and each waives any right
to contest the validity or enforceability of such award.  The parties further
agree to be bound by the provisions of any statute of limitations which would be
applicable in a court of law to the controversy or claim which is the subject of
any arbitration proceeding initiated under the Agreement.  The parties further
agree that they are entitled in any arbitration proceeding to the entry of an
order, by a court of competent jurisdiction pursuant to an opinion of the
arbitrator, for specific performance of any of the requirements of this
Agreement.

In any action to enforce any of the provisions of Article IV hereof, the action
shall be litigated in the state or federal courts situated in Cook County,
Illinois, to which jurisdiction and venue all parties consent.  Each party
hereby waives his, her or its right to trial by jury with respect to such action
and agrees that the prevailing party such action shall be entitled to
reimbursement from the other party of his, her or its legal fees and costs
incurred in connection with such actions.  Company shall be entitled to
injunctive relief, without the necessity of posting bond to remedy any breach of
any of the terms of Article IV of this Agreement by Employee.

5.8       Governing Law.  The parties agree that this Agreement shall be
governed by, interpreted and construed in accordance with the laws of the State
of Illinois.  

5.9       Counterparts.  This Agreement may be executed in one or more
counterparts, whether by original, photocopy, facsimile or e-mail attachment in
PDF format, each of which will be deemed an original and all of which together
will constitute one and the same instrument.

5.10     Recitals.  The Recitals set forth above are hereby incorporated in and
made a part of this Agreement by this reference.

5.11     Survival.  Employee’s obligations under Article IV hereof shall survive
any termination of this Agreement

5.12     Additional Covenant.  Attached hereto as Exhibit A and incorporated by
reference herein is the form of Promissory Note (“Note”)  issued by the Company
to Employee on or about

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the date hereof.  As a material inducement to Employee to fund the Note, Company
agrees that it shall not apply any amount of the Note proceeds toward the
payment of salary or other obligations of the Company to any of its current or
past employees, officers or directors or any of their respective Affiliates that
were accrued prior to the Effective Date without the prior written consent of
Employee.  In addition, Employee shall have the right to exercise any of the
rights set forth in the Note for his own benefit and enforcement of any of those
rights shall not be deemed a breach of any fiduciary duty or other obligation
owing from Employee to the Company.  Employee shall have the right for
injunctive relief without the necessity of posting bond to enforce any of his
rights with respect to the Note.

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IN WITNESS WHEREOF, the parties have executed this Agreement on the date first
set forth above.

COMPANY:

 

EMPLOYEE:

 

 

 

Emergent Health Corp

 

 

 

 

/s/Chris Swenson

 

 

Chris Swenson

By:

/s/Scott Maguire

 

 

Name:

Scott Maguire

 

Address:

1132 Oak St

Title:

Chairman

 

 

Winnetka, IL 60093

 

 

 

 

 

Employee Owned Inventions:

None

Signature Page

Employment Agreement

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EXHIBIT A

COMPENSATION

1.

Base Salary.  $275,000.00 per annum, subject to increase in the sole discretion
of the Board of Directors of the Company.  

 

 

2.

Stock Option.  The Company awards 1,000,000 shares of Common Stock for a ten
year option, vested immediately at an exercise price of $100,000 in total ($0.10
per share with no increase in purchase price for anti-dilution rights).  Based
upon current capitalization of the Company of approximately 41,930,000 shares
before giving effect to this represents approximately 2.33% of the Company fully
diluted before giving effect to the executive options in #3 below.  This stock
option will have anti-dilutions rights so that after giving effect to this
option and the stock option in Section 3 below and the issuances of capital
stock and options through the placement of the first $3,000,000 in additional
equity of the Company, Employee will hold options to purchase up to 2.33% of the
Company (fully diluted) per this Section 2 and up to 5% of the Company (fully
diluted) per Section 3 below.

 

 

3.

Executive options. Employee will be granted stock options with an exercise price
of $226,233 in the aggregate to purchase an amount equal to 5% of the fully
diluted capitalization of the Company (inclusive of the options per Sections 2
and 3 hereof) after giving effect to the issuances of the next $3,000,000 in
equity capital raised by the Company, as well as any new stock options granted
through the date of closing upon such equity.  The impact of the options per
Sections 2 and 3 hereof in additional converted financing raised through the S1
and a full option pool (enough to anticipate all future grants to distributors
and new employees).  These options will vest monthly over three years and will
fully vest upon change in change in control.  

 

 

3.

Bonus.  Employee shall earn an annual bonus of $150,000 upon aggregate fresh
capital raised of $2,500,000 by the Company following the date of this
Agreement.

 

 

4.

Benefits.  Employee shall be entitled to receive all offered health benefits for
himself and his family, at no additional cost, in an amount not less than the
greatest level of coverage offered to other employees in the Company.

A-1

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