Exhibit
10.07


 

EMPLOYMENT
AGREEMENT


 


Employment
agreement (“the Agreement”) dated as of October 1, 2020 between Connectyx Technologies Holdings Group 1825 NW Corporate
Boulevard, Suite 110 Boca Raton, FL 33431 (“the Company”) and Dr. Barry A. Ginsberg, an individual with an address of
3601 NW 24th Avenue, Boca Raton, FL 33431 (“the employee”)


 


WHEREAS,
the Company desires to retain the services of Employee and Employee desires to work with and for the Company on the terms and conditions
hereinafter set forth.


 


NOW
THEREFORE, in consideration of the mutual promises contained herein and other good and valuable consideration, receipt of which is hereby
acknowledged, the parties hereto, intending to be legally bound, do hereby agree as follows:


 


	1.	Employment
    and duties. The Company hereby agrees to employ the Employee who hereby agrees to accept such employment as an employee of the
    Company. In that capacity the Employee shall perform such duties as shall be normally incident to the office of Chief Strategy
    Officer and as shall, from time to time be assigned to him by the Board of Directors of the Company. The Employee shall devote his best
    efforts, experience and ability to the business of the company.
	 	 
	2.	Term.
    The term of this agreement shall be for a period of three (3) years commencing on the 1st day of September 2020 and ending
    on August 31st 2023 unless terminated sooner by the Company. Thereafter this agreement shall be automatically renewed
    for one (1) year periods upon the same terms and conditions as herein contained, unless either the Company or the Employee gives
    written notice to the other at least thirty (30) days prior to the expiration of the then current term that this agreement shall
    not be so renewed.
	 	 
	3.	Compensation.
    So long as he is employed hereunder the Company shall pay to the Employee as compensation for his services, and the Employee agrees
    to accept a salary of Two Hundred and Forty Thousand Dollars ($240,000.00) per annum or such higher sum as the Company may award
    to the Employee. Payable in equal bi- weekly or monthly installments beginning with the first day of each month or other payroll
    practices in effect from time to time at the Company, but no less than once a month. All payments to the Employee hereunder shall
    be subject to all required Federal, State and Local tax withholdings, except as noted in paragraph #11 hereunder.


 




    	 



     


    

 


	4.	Expenses
    and Employee benefits. The Employee shall be reimbursed for all his reasonable travel, telephone and entertainment and other verifiable
    business expenses incurred in the course of performing his duties for the Company. These business expenses shall be paid in full
    on a monthly basis provided the Employee submits to the Company documentation of such expenses in such a manner as requested by the
    Company from time to time in order to substantiate deductions as business expenses under the Internal Revenue Code. The Employee
    shall be entitled to vacation time, sick leave and personal days each year and to such other benefits, if any, as provided to the
    Company’s salaried Executive employees, including medical insurance coverage under the then current standard policy of the
    Company. Employee acknowledges that as of the effective date of this agreement that the Company has no such benefits policy in place,
    nor has it committed to offering such benefits. To the extent that such a benefit is offered and Employee opts out of receiving such
    benefit, the Company will make a good faith effort to reallocate a comparable amount of compensation to another category of compensation.
	 	 
	5.	Termination.
    The Company may terminate the Employee’s employment for cause at any time and without notice. Termination for cause shall include
    termination due to the Employee’s neglect, refusal or failure in a material manner to faithfully and diligently perform any
    of Employee’s services to the extent and in the manner herein provided; the Employee’s dishonesty or fraud with respect
    to the Company, commission of a crime constituting a felony in the State of Florida or any other State to which the Company subsequently
    relocates; gross insubordination or breach of a material term of this agreement. Such termination for cause shall relieve the Company
    of any obligation to make any further payments to the Employee due and owing for the period after the effective date of such termination.
	 	 
	6.	Termination
    without cause. If the Company terminates the Employee’s employment without cause prior to the end of the term of this agreement,
    the Company shall pay within 15 days of such termination, to the Employee an amount equal to one year’s salary at the current
    rate of payment Employee was receiving when notified of the termination. In addition the Employee shall be entitled to continue his
    medical coverage, if any, for the remainder of the term of this agreement and the Company shall continue to pay the same percentage
    of the premium as it had been paying prior to the termination.
	 	 
	7.	Covenant
    not to compete: Confidentiality. As partial consideration for his employment hereunder the Employee covenants and agrees that for
    a period of One (1) year following any termination of this agreement he shall not directly or indirectly solicit persons, firms or
    other entities who are or have been customers of the Company within the One (1) year period immediately preceding termination of
    this agreement; or send announcements or advertisements to persons or firms or other entities who are or have been customers of the
    Company within that one (1) year period. The Employee further covenants and agrees with the Company that at all times during and
    after the term of this agreement he shall: keep secret all confidential matters of the Company and its agents, affiliates and subsidiaries
    which are not otherwise know or readily available to members of the public generally including but not limited to, the business plans
    and financial results, inventions, methods of distribution of the products or services, prices for products and services, customer
    and supplier lists and trade secrets, but accepting information of the kind disclosed in the ordinary course of business (hereinafter
    “confidential matters”) and not disclose Confidential Matters to anyone outside the Company other than in the performance
    of his duties under this agreement or pursuant to the requirements of applicable law; not use Confidential Matters for any purpose
    other than in the course of this agreement; and deliver reasonably promptly to the Company upon termination of this agreement all
    documents, notes records reports containing Confidential Matters which Employee may then possess or have under his control.


 




    	 



     


    

 


	8.	Notices.
    Any notices or acceptances required by this agreement to be given shall be in writing and shall be sent by Federal Express or other
    similar delivery service, or delivered in person with a signed receipt to an executive officer of the Company; and shall be deemed
    given when so delivered.
	 	 
	9.	Miscellaneous.
    This agreement contains the entire agreement of the parties and supersedes any prior agreement or understanding between the parties
    with respect to this employment matter. No provision of this agreement may be amended, modified or revoked except in writing, signed
    by the parties. No waiver of any breach or default hereunder shall be considered valid unless in writing and no such waiver shall
    be deemed a waiver of any subsequent breach or default of a similar nature.
	 	 
	10.	This
    agreement and all provisions thereof shall be binding upon and the benefits shall inure to the parties hereto and their representatives,
    successors and permitted assigns. The Employee may not assign his rights nor delegate his duties hereunder without the express prior
    written consent of the Company. This agreement shall be governed by and construed in accordance with the laws of the State of Florida.
    The invalidity or unenforceability of any portion of this Agreement shall not affect any of the remaining portions of the Agreement,
    all of which are declared severable.
	 	 
	11.	Funding
    recognition. The Employee hereby acknowledges and understands that the Company has yet to secure adequate funding and until such
    time as such funding is received has no obligation to pay the salary or provide any other benefit under this contract. Salaries shall
    begin to accrue as of October 1, 2020 until such time as funding is secured to pay them. Additionally, as a result of the fluid funding
    situation, compensation may be paid and reported on 1099 forms as opposed to W2; until no later than June 1, 2021.


 


	 	Connectyx
    Technologies Holding Group 	 
	 	 	 	 
	 	By:	/s/
    Paul M. Michaels	 
	 	Date:	October
12, 2020	 
	 	 	 	 
	 	Employee:	Dr. Barry Ginsberg	 
	 	 	 	 
	 	By:	/s/
    Barry A. Ginsberg, OD	 
	 	Date:	October
12, 2020