Exhibit
10.1


 


 


 


JOINT
VENTURE AGREEMENT


 


THIS
JOINT VENTURE AGREEMENT (the “Agreement”) made and entered into this 20th day of Friday, March 2020 (the “Execution
Date”),


 


BETWEEN:


 


BorrowMoney.com,
inc of 512 Bayshore DR, suite 201 Fort Lauderdale FL 33304, and JVLS, LLC dba Vaccines 2Go of 4060 Johns Creek Parkway Suite H
Suwanee, GA 30024 (individually the “Member” and collectively the “Members”).


 


BACKGROUND:


 


	 	A.	The
    Members wish to enter into an association of mutual benefit and agree to jointly invest and set up a joint venture enterprise.
	 	 	 
	 	B.	This
    Agreement sets out the terms and conditions governing this association.


 


IN
CONSIDERATION OF and as a condition of the Members entering into this Agreement and other valuable consideration, the receipt
and sufficiency of which consideration is acknowledged, the Members agree as follows:


 


Formation


 


	 	1.	By
    this Agreement the Members enter into a joint venture (the “Venture”) in accordance with the laws of the State
    of Florida. The rights and obligations of the Members will be as stated in the applicable legislation of the State of Florida
    (the “Act”) except as otherwise provided here.


 


Name


 


	 	2.	The
    business name of the Venture will be BM&V2GO.


 




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Purpose


 





	 	3.	The
    exclusive purpose of the Venture (the “Purpose”) will be IT Development. internet Back office Maintenance And
    Deployment of medical Service.


 


Term


 


	 	4.	The
    duration of this Venture (the “Term”) will begin on March 1, 2020 and continue in full force and effect until
    February 28, 2025 or as otherwise provided in this Agreement.


 


	 	5.	The
    Term may be extended with the unanimous consent of all Members.


 


Place
of Business


 


	 	6.	The
    principal office of the business of the Venture will be located at 512 Bayshore Drive Suite 201 Fort Lauderdale, FL 33304
    or such other place as the Members may from time to time designate.


 


Business
Management


 


	 	7.	The
    following managers (the “Managers”) have been appointed by the Members to manage the Venture:


 


● Aaldo PIscitello


 


● Jody Stewart



 


	 	8.	Except
    as otherwise provided in this Agreement, the individual Managers may be appointed, replaced, or removed upon unanimous consent
    of the Members.
	 	 	 
	 	9.	The
    Managers will have a primary duty to the best interest of the Venture and not directly to any individual Member.
	 	 	 
	 	10.	Within
    the limits of the Purpose of the Venture and the terms of this Agreement, the Managers, acting jointly, will have full authority
    to bind the Members in all matters relating to the direction, control and management of the Venture. Conduct and actions of
    the Managers will be dictated by policy and procedure established by the Members. Authority to bind the Venture in contract
    or in any third party business relation lies exclusively with the Managers, acting jointly.
	 	 	 
	 	11.	The
    Managers will jointly decide major issues concerning the Venture. Where Managers are unable to reach agreement in deciding
    major issues, approval by a majority vote of the Members at a regular or special meeting will be required.


 




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Management
Duties


 


	 	12.	Except
    as otherwise specified in this agreement, the duties and obligations of the Managers in relation to the Venture will include
    the following:


 


	 	a.	managing
    the day to day business of the Venture;
	 	 	 
	 	b.	monitoring,
    controlling and directing the financial, business and operational affairs of the Venture;
	 	 	 
	 	c.	proper
    maintenance of books of account and financial records according to accepted accounting practices;
	 	 	 
	 	d.	monitoring,
    analyzing and acting on all issues over which it would have express or implied authority according to this Agreement; and
	 	 	 
	 	e.	all
    responsibilities attached to hiring of production and administration staff including any required labor negotiations, and
    all responsibilities attached to hiring of third party contractors.


 


Member
Duties


 


	 	13.	Each Member
will be responsible for its respective duties as follows:



 




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	Member	 	Duties
    Description
	BorrowMoney.com,
    inc	 	*HTML
    code, build, deploy and maintain all technical aspect requirements including a database for medical dispatch personal &
    product service as needed, including activity information, data storage and backup. provided by three qualified assigned Borrowmoney.com,
    inc. employees/personal
	 	 	 
	JVLS,
    LLC dba Vaccines 2Go	 	$60,000.00
    USD From Monthly Government , City And State, And Or Private Awarded Contracts. Plus (10%) Of Any Generated Gross Revenue
    From Awarded Contract, In Addition to The Total Contributions.


 


	 	14.	Duties
    of Members may be amended, from time to time, by decision of the Members, provided that the Members’ interests are not
    affected except with the unanimous consent of the Members.


 


Capital
Contributions


 


	 	15.	Each
    of the Members has contributed to the capital of the Venture, in cash or property in agreed upon value, as follows (the “Capital
    Contribution”):


 


	Member	 	Contribution
    Description	 	Agreed
    Value
	BorrowMoney.com,
    inc	 	1,
    500 square feet of Leased/rent office Space Including specified Description of duty*	 	$3,500,000.00
    USD
	 	 	 	 	 
	JVLS,
        LLC dba

        Vaccines
        2Go
	 	$60,000.00
    USD From Monthly Government , City And State, And Or Private Awarded Contracts. Plus (10%) Of Any Generated Gross Revenue,
    In Addition to The Total Contributions.	 	$3,500,000.00
    USD


 


	 	16.	All Members
will contribute their respective Capital Contributions fully and on time.



 




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Withdrawal
of Capital


 


	 	17.	No
    Member will have the right to demand or withdraw any portion of their capital contribution without the express written consent
    of the remaining Members.
	 	 	 
	 	18.	The
    Members will not be personally liable for the return of all or part of the Capital Contributions of a Member, except as otherwise
    provided in this Agreement.


 


Additional
Capital


 


	 	19.	Capital
    Contributions may be amended from time to time, according to the requirements of the Venture, by decision of the Members as
    recommended by the Managers. Where Members’ interests are affected, additional capital contributions (the “Additional
    Capital Contributions”) must have the unanimous consent of the Members.
	 	 	 
	 	20.	Any
    advance of money to the Venture by any Member in excess of the amounts provided for in this Agreement or subsequently agreed
    to as an Additional Capital Contribution will be deemed a debt due from the Venture rather than an increase in Capital Contribution
    of the Member. This liability will be repaid with interest at such rates and times to be determined by a majority of the Members.
    This liability will not entitle the lending Member to a greater voting power. Such debts may have preference or priority over
    any other payments to Members as may be determined by a majority of the Members.


 


Capital
Accounts


 


	 	21.	An
    individual capital account will be maintained for each Member and their initial Capital Contribution will be credited to this
    account. Any additional, approved contributions to the Venture’s capital made by a Member will be credited to that Member’s
    individual Capital Account.


 


Interest
on Capital


 


	 	22.	No
    borrowing charge or loan interest will be due or payable to any Member on any Capital Contribution or on their Capital Account
    despite any disproportion that may from time to time arise among the Capital Accounts of the Members.


 




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Books
of Account


 


	 	23.	Accurate
    and complete books of account of the transactions of the Venture will be kept in accordance with generally accepted accounting
    principles (GAAP) and at all reasonable times will be available and open to inspection and examination by any Member. The
    books and records of the Venture will reflect all the Venture’s transactions and will be appropriate and adequate for
    the business conducted by the Venture.


 


Banking
and Venture Funds


 


	 	24.	The
    funds of the Venture will be placed in such investments and banking accounts as will be designated by the Members. Venture
    funds will be held in the name of the Venture and will not be commingled with those of any other person or entity.


 


Member
Meetings


 


	 	25.	Regular
    Member meetings will be held quarterly. Minutes of the meetings will be maintained on file.


 


	 	26.	Any
    Member can call a special meeting to resolve urgent issues that require a vote and that cannot wait for the next regularly
    scheduled meeting. When calling a special meeting, all Members must be provided with reasonable notice. Where a special meeting
    has been called, the meeting will be restricted to the specific purpose for which the meeting was called.
	 	 	 
	 	27.	All
    meetings will be held at a time and in a location that is reasonable, convenient and practical considering the situation of
    all Members.
	 	 	 
	 	28.	Any
    vote required by the Members will be determined such that each Member receives one vote carrying equal weight.


 


Amendments


 


	 	29.	This
    Agreement may be amended only with the unanimous consent of all Members.


 


Admitting
a new Member


 


	 	30.	New
    Members may be admitted into the Venture only with the unanimous consent of the existing Members. The new Member agrees to
    be bound by all the covenants, terms, and conditions of this Agreement, inclusive of all current and future amendments. Further,
    a new Member will execute such documents as are needed or required for this admission. Any new Member will receive a business
    interest in the Venture as determined by all other Members.


 




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Dissociation
of a Member


 


	 	31.	Where
    a Member is in breach of this Agreement and that Member has not remedied the breach on notice from the Venture and after a
    reasonable period then the remaining Members will have the right to terminate this Agreement with regard to that individual
    defaulting Member (an “Involuntary Withdrawal”) and take whatever action necessary to protect the interests of
    the Venture.
	 	 	 
	 	32.	If
    the Venture is harmed as the result of an individual Member’s action or failure to act, then that individual Member
    will be liable for that harm. If more than one Member is at fault then they will be jointly and severally liable for that
    harm.
	 	 	 
	 	33.	Each
    Member will indemnify the remaining Members against all losses, costs and claims that may arise in the event of the Venture
    being terminated as a result of breach of the Agreement by that Member.
	 	 	 
	 	34.	If
    a Member is placed in bankruptcy, or withdraws voluntarily from the Venture, or if there is an Operation of Law against a
    Member, the other Members will be entitled to proceed as if the Member had breached this Agreement.
	 	 	 
	 	35.	Distribution
    of any amount owing to a dissociated Member will be made according to the percentage of ownership as described in the Valuation
    of Interest or as otherwise may be agreed in writing.


 


Dissolution
of the Joint Venture


 


	 	36.	The Venture
will be dissolved and its assets liquidated in the event of any of the following:



 


	 	a.	the
    Term expires and is not extended;
	 	 	 
	 	b.	a
    unanimous vote by the Members to dissolve the Venture;
	 	 	 
	 	c.	on
    satisfaction of the Purpose;
	 	 	 
	 	d.	loss
    or incapacity through any means of substantially all of the Venture’s assets; or
	 	 	 
	 	e.	where
    only one Member remains.


 




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Liquidation


 


	 	37.	On
    dissolution, the Venture will be liquidated promptly and within a reasonable time.
	 	 	 
	 	38.	On
    the liquidation of the Venture assets, distribution of any amounts to Members will be made in proportion to their respective
    capital accounts or as otherwise may be agreed in writing.


 


Valuation
of Interest


 


	 	39.	In
    the absence of a written agreement setting a value, the value of the Venture will be determined based on the fair market value
    appraisal of all Venture assets (less liabilities) in accordance with generally accepted accounting principles (GAAP) by an
    independent accounting firm agreed to by all Members. An appraiser will be appointed within a reasonable period of the date
    of withdrawal or dissolution. The results of the appraisal will be binding on all Members. A withdrawing Member’s interest
    will be based on the proportion of their respective capital account less any outstanding liabilities a Member may have to
    the Venture. The intent of this section is to ensure the survival of the Venture despite the withdrawal of any individual
    Member.
	 	 	 
	 	40.	No
    allowance will be made for goodwill, trade name, patents or other intangible assets, except where those assets have been reflected
    on the Venture books immediately prior to valuation.


 


Transfer
of Member Interest


 


	 	41.	A
    Member may assign their proprietary assets and their rights in distribution interest in the Venture. Such assignment will
    only include that Member’s economic rights and interests and will not include any other rights of that Member nor will
    it include an automatic admission as a Member of the Venture or the right to exercise any management or voting interests.
    A Member who assigns any or all of their Venture interest to any third party will relinquish their status as Member including
    all management and voting rights. Assignment of Member status, under this clause, including any management and voting interests,
    will require the consent of all the remaining Members.


 




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Management
Voting


 


	 	42.	Any
    management vote required will be determined such that each Manager receives one vote carrying equal weight.


 


Force
Majeure


 


	 	43.	A
    Member will be free of liability to the Venture where the Member is prevented from executing their obligations under this
    Agreement in whole or in part due to force majeure where the Member has communicated the circumstance of that event to any
    and all other Members and taken any and all appropriate action to mitigate that event. Force majeure will include, but not
    be limited to, earthquake, typhoon, flood, fire, and war or any other unforeseen and uncontrollable event.


 


Duty
of Loyalty


 


	 	44.	Provided
    a Member has the consent of the majority of the other Members, the Members to this Agreement and their respective affiliates
    may have interests in businesses other than the Venture. Neither the Venture nor any other Member will have any rights to
    the assets, income or profits of any such business, venture or transaction. Any and all businesses, ventures or transactions
    with any appearance of conflict of interest must be fully disclosed to all other Members. Failure to disclose any potential
    conflicts of interest will be deemed an Involuntary Withdrawal by the offending Member and may be treated accordingly by the
    remaining Members.


 


Confidentiality


 


	 	45.	All
    matters relating to this Agreement and the Venture will be treated by the Members as confidential and no Member will disclose
    or allow to be disclosed any Venture matter or matters, directly or indirectly, to any third party without the prior written
    approval of all Members except where the information properly comes into the public domain.
	 	 	 
	 	46.	This
    section will survive for one year after the expiration or termination of this Agreement or dissolution of the Venture.


 


Language


 


	 	47.	The
    Members expressly state that the English language is to be the language of choice for this Agreement and all other notices
    and agreements required by the Venture.


 




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Insurance


 


	 	48.	The
    Venture will insure all its assets against loss where reasonable and standard practice in the industry.


 



Indemnification


 


	 	49.	Each
    Member will be indemnified and held harmless by the Venture from any and all harm or damages of any nature relating to the
    Member’s participation in Venture affairs except where such harm or damages results from gross negligence or willful
    misconduct on the part of the Member.


 


Liability


 


	 	50.	No
    Member will be liable to the Venture or to any other Member for any error in judgment or any act or failure to act where made
    in good faith. The Member will be liable for any and all acts or failures to act resulting from gross negligence or willful
    misconduct.


 


Liability
Insurance


 


	 	51.	The
    Venture may acquire insurance on behalf of any Member, employee, agent or other person engaged in the business interest of
    the Venture against any liability asserted against them or incurred by them while acting in good faith on behalf of the Venture.


 


Covenant
of Good Faith


 


	 	52.	Members
    will use their best efforts, fairly and in good faith to facilitate the success of the Venture.


 


Joint
Venture Property


 


	 	53.	Where
    allowed by statute, title to all Venture property, including intellectual property, will remain in the name of the Venture.
    Where joint ventures are not recognized by statute as separate legal entities, Venture property, including intellectual property,
    will be held in the name of one or more Members. In all cases Venture property will be applied by the Members exclusively
    for the benefit and purposes of the Venture and in accordance with this Agreement.


 


Jurisdiction


 


	 	54.	The
    Members submit to the jurisdiction of the courts of the State of Florida for the enforcement of this Agreement and for any
    arbitration award or decision arising from this Agreement.


 




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Mediation
and Arbitration


 


	 	55.	In
    the event a dispute arises out of, or in connection with, this Agreement, the Members will attempt to resolve the dispute
    through friendly consultation.
	 	 	 
	 	56.	If
    the dispute is not resolved within a reasonable period then any or all outstanding issues may be submitted to mediation in
    accordance with any statutory rules of mediation. If mediation is not successful in resolving the entire dispute or is unavailable,
    any outstanding issues will be submitted to final and binding arbitration in accordance with the laws of the State of Florida.
    The arbitrator’s award will be final, and judgment may be entered upon it by any court having jurisdiction within the
    State of Florida.


 


Warranties


 


	 	57.	All
    Members represent and warrant that they have all authority, licenses and permits to execute and perform this Agreement and
    their obligations under this Agreement and that the representative of each Member has been fully authorized to execute this
    Agreement.
	 	 	 
	 	58.	Each
    Member represents and warrants that this Agreement is not in violation of any and all agreements and constitutional documents
    of the individual Member.


 


Definitions


 


	 	59.	For
    the purpose of this Agreement, the following terms are defined as follows:


 


	 	a.	“Capital
    Contributions” The capital contribution to the Venture actually made by the Members, including property, cash and
    any additional capital contributions made.
	 	 	 
	 	b.	“Majority
    Vote” A Majority Vote is any amount greater than one-half of the authorized votes.
	 	 	 
	 	c.	“Operation
    of Law” The Operation of Law means rights or duties that are cast upon a party by the law, without any act or agreement
    on the part of the individual including but not limited to an assignment for the benefit of creditors, a divorce, or a bankruptcy.


 




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Miscellaneous


 


	 	60.	This
    Venture is termed a contractual joint venture and will not constitute a partnership. Members will provide services to one
    another on an arms’ length basis while remaining independent business entities. There will be no pooling of profits
    and losses. Each Member is responsible only for its own actions and no Member is an agent for any other Member. Members will
    not be jointly or severally liable for the actions of the other Members.
	 	 	 
	 	61.	Time
    is of the essence in this Agreement.
	 	 	 
	 	62.	 This
    Agreement may be executed in counterparts. Facsimile signatures are binding and are considered to be original signatures.
	 	 	 
	 	63.	Headings
    are inserted for the convenience of the Members only and are not to be considered when interpreting this Agreement. Words
    in the singular mean and include the plural and vice versa. Words in the masculine gender include the feminine gender and
    vice versa. Words in the neuter gender include the masculine gender and the feminine gender and vice versa.
	 	 	 
	 	64.	If
    any term, covenant, condition or provision of this Agreement is held by a court of competent jurisdiction to be invalid, void
    or unenforceable, it is the Members’ intent that such provision be reduced in scope by the court only to the extent
    deemed necessary by that court to render the provision reasonable and enforceable and the remainder of the provisions of this
    Agreement will in no way be affected, impaired or invalidated as a result.
	 	 	 
	 	65.	This
    Agreement contains the entire agreement between the Members. All negotiations and understandings have been included in this
    Agreement. Statements or representations which may have been made by any Member in the negotiation stages of this Agreement
    may in some way be inconsistent with this final written Agreement. All such statements are declared to be of no value in this
    Agreement. Only the written terms of this Agreement will bind the Members.
	 	 	 
	 	66.	This
    Agreement and the terms and conditions contained in this Agreement apply to and are binding upon the Member’s successors,
    assigns, executors, administrators, beneficiaries, and representatives.
	 	 	 
	 	67.	Any
    notices or delivery required here will be deemed completed when hand-delivered, delivered by agent, or seven (7) days after
    being placed in the post, postage prepaid, to the Members at the addresses contained in this Agreement or as the Members may
    later designate in writing.


 






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	 	68.	All
    of the rights, remedies and benefits provided by this Agreement will be cumulative and will not be exclusive of any other
    such rights, remedies and benefits allowed by law.


 


IN
WITNESS WHEREOF the Members have duly affixed their signatures under hand and seal on this 20th day of March 2020.


 


	 	BorrowMoney.com,
    inc (Member) 
	 	 
	 	Per:	/s/ Aldo Piscitello
	 	(SEAL)
	 	Aldo
    Piscitello President
	 	 
	 	JVLS,
    LLC dba Vaccines 2Go (Member)
	 	 
	 	Per:	/s/
    Jody Stewart
	 		Jody Stewart (Mar 20, 2020)	 (SEAL)
	 	 	 	 
	 	Jody
    Stewart


 






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