Exhibit 10.22


 


ADVISOR
AGREEMENT


 


This
Advisor Agreement (the “Agreement”) is made as of ___________ by and between Ominto, Inc., (the “Company”),
and _________________ (“Advisor”) (each a “Party” and collectively the “Parties”).


 


1.    
Engagement.


 


1.1          
Advisory Board.  For the term of this Agreement, the Advisor shall serve as a member of the Company’s
Advisory Board (the “Advisory Board”).  The Advisory Board shall consist of the Advisor and such other
members as shall be determined by the Company.  The Company may adopt an Advisory Board charter, which shall be mutually
agreeable to the Company and the members of the Advisory Board. 


 


1.2          
Advisor Services.  The Advisor’s services to the Company hereunder shall consist of service on the Advisory
Board to render advice and other services as may be required and agreed to between the Advisory Board and the Company from time
to time (the “Services”). Advisory Services will support and enhance the vision of the Company and the implementation
of best business practices accordingly. Advisory Services may broadly include but not be limited to corporate finance, marketing,
Public Relations, advertising, government and regulatory relations and strategic planning. The Advisory Board will advise the
CEO or its designee(s) as required and in accordance with agreement between the CEO and the Advisory Board. From time to time,
an Advisory Board member may be asked to serve in other capacities not contemplated herein and if accepted, will be documented
in a separate agreement.


 


2.    
Compensation. As consideration for the Services to be provided by the Advisor and other obligations, the Company shall
compensate Advisor as set forth in Exhibit A.


 


3.    
Term.


 


3.1          
Term.  The initial term of this Agreement is for two (2) years beginning on the Effective Date set forth above and
will automatically renew for additional terms of one (1) year until terminated in accordance with this Section.


 






     


     

    

 


3.2          
Termination.  Either party may terminate this Agreement with written notice to the other party at least thirty (30)
days (the “Termination Date”).


 


3.3          
Survival.  The rights and obligations contained in Sections 6, 7, 10 and 11 will survive any termination of this
Agreement.  


 


4.    
Changes to Services.  Any material changes to the Services, including the schedule, deliverables, and related fees,
must be approved by the prior written consent of the Party not requesting the change.


 


5.    
Independent Contractor Relationship. Advisor’s relationship to the Company shall be that of an independent
Advisor.  Nothing in this Agreement shall be construed to create any partnership, joint venture, employer-employee or agency
relationship between Company and Advisor.  Advisor shall not represent to any third party that any such relationship exists.
 The consulting relationship shall be non-exclusive.  Advisor shall be free to work with other companies so long as
such work does not present a conflict of interest or result in the disclosure of Confidential Information (defined below).


 


6.
    Intellectual Property


 


6.1
  Ownership.  All ideas, inventions, improvements, methods, processes, works of authorship and other forms of
intellectual property that the Advisor conceives, reduces to practice or develops during the term of the Agreement, alone or in
conjunction with others, in connection with performance of the Services, including designs, data, software code, ideas, inventions,
know-how, materials, marks, methods, procedures, tools, interfaces, and other forms of technology as well as any intellectual
property rights of any kind therein (collectively, the “Work Product”), will be the sole and exclusive property
of the Company.  


 


6.2
   Assistance.  The Advisor agrees to assist the Company in any reasonable manner to obtain and enforce
for the Company’s benefit any patents, copyrights and other property rights in any and all countries, with respect to any
Intellectual Property, and the Advisor agrees to execute, when requested, patent, copyright or similar applications and assignments
to the Company and any other lawful documents deemed necessary by the Company to carry out the purpose of this Agreement with
respect thereto.  If called upon to render assistance under this paragraph after the term of this Agreement, the Advisor
will be entitled to a fair and reasonable fee in addition to reimbursement of authorized expenses incurred at the prior written
request of the Company.  In the event that the Company is unable for any reason to secure the Advisor’s signature to
any document required to apply for or execute any patent, copyright or other applications with respect to any Intellectual Property
(including improvements, renewals, extensions, continuations, divisions or continuations-in-part thereof), after a written demand
is made therefore upon the Advisor (which shall refer to the provisions of this paragraph), the Advisor hereby irrevocably designates
and appoints the Company and its duly authorized officers and agents as the Advisor’s agents and attorneys-in-fact to act
for and in the Advisor’s behalf and instead of the Advisor, to execute and file any such application and to do all other
lawfully permitted acts to further the prosecution and issuance of patents, copyrights, mask works or other rights thereon with
the same legal force and effect as if executed by the Advisor. 


 






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7.    
Confidentiality.  


 


7.1
   Confidential Information. A Party may obtain access to information related to the other Party's business (including
trade secrets, technical information, business forecasts and strategies, marketing plans, customer and supplier lists, personnel
information, financial data, and proprietary information of third parties provided to Company in confidence) that the Party considers
to be confidential or proprietary or the Party has a duty to treat as confidential, excluding such information as each Party can
demonstrate existed in the public domain as of the Effective Date (the “Confidential Information”). The Parties will
(a) hold all Confidential Information in strict trust and confidence; (b) not use or permit others to use Confidential Information
in any manner or for any purpose not expressly permitted or required by this Agreement; (c) not disclose or permit others to disclose
any Confidential Information to any third party without obtaining the other Party's express prior written consent on a case-by-case
basis; and (d) limit access to Confidential Information to employees of each Party who have a reasonable need to have such access
in order for the Services to be performed and who are bound by obligations to maintain the confidentiality of Confidential Information
that are at least as protective of the Confidential Information as the provisions of this Agreement.


 


7.2
   Exclusions.  Each Party's obligations under Section 7.1 with respect to any portion of Confidential Information
shall not apply to any information that (i) was in the public domain at or subsequent to the time it was communicated to a Party
by the other Party or an authorized person of a Party through no fault of that Party, (ii) was rightfully in a Party's possession
free of any obligation of confidence at or subsequent to the time it was communicated to either Party or an authorized person
of either Party, (iii) was developed by employees or agents of either Party independently of and without reference to any information
communicated to either Party or an authorized person of the Company, or (iv) is being disclosed by either Party in response to
a valid order by a court or other governmental body, or otherwise as required by law. 


 






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8.    
Performance of Services.  Advisor shall use Advisor’s best efforts to perform the Services such that the results
are satisfactory to the Company.


 


8.1.  
No Authority to Bind Company.  Advisor acknowledges and agrees that Advisor has no authority to enter into contracts
that bind the Company or create obligations on the part of the Company without the prior written authorization of the Company.


 


8.2.  
No Benefits.  Advisor acknowledges and agrees that Advisor shall not be eligible for any Company employee benefits.


 


8.3.  
Taxes; Insurance.  Advisor shall be paid pursuant to IRS Form 1099, and shall have full responsibility for applicable
taxes for all compensation paid to Advisor under this Agreement, and for compliance with all applicable labor and employment requirements
with respect to Advisor’s self-employment, sole proprietorship or other form of business organization.


 






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9.    
Limitations.


 


9.1.  
Limited Activities. During the term of this Agreement and for a period of six (6) months thereafter, the Advisor shall
not engage in any activity that constitutes a conflict of interest with the Company, including any competitive employment, business,
or other activity involving the disclosure of Confidential Information whose primary product is a customer cash back feature.


 


9.2.  
No solicitation. During the term of this Agreement and for a period of twelve (12) months after the termination of this
Agreement for whatever reason, Advisor agrees not to attempt to divert or interfere with the development of the Company’s
business by soliciting, hiring, contracting, communicating with any employee of the Company.


 


10.  
Indemnification.  Advisor will indemnify and hold harmless Company and its affiliates, employees, and agents from
and against any and all liabilities, losses, damages, costs, and other expenses (including attorneys’ and expert witnesses’
costs and fees) arising from or relating to any breach of any representation, warranty, covenant, or obligation of Advisor in
this Agreement or any intentional misconduct or gross negligence by Advisor. Company shall indemnify, release and hold Advisor
harmless from and against all claims, demands, liabilities, costs, expenses, damages, losses, suits, proceedings and actions,
that may accrue to or be incurred by Advisor, or with which Advisor may be threatened, relating to or arising out of the business
and affairs of the Company, including, but not limited to, amounts paid in satisfaction of judgments, in compromise or as fines
or penalties, and counsel fees and expenses incurred in connection with the preparation for or defense or disposition of any investigation,
action, suit, arbitration or other proceeding; provided, however, that Company shall not hold Advisor harmless from claims arising
out of the gross negligence or willful malfeasance of Advisor.


 


11.  
Limitation of Liability.  In no event will Company be liable for any consequential, indirect, exemplary, special,
or incidental damages arising from or relating to this Agreement.  


 


In
no event will “Advisor” be considered an officer of the Company or member of the Board of Directors for the company.
Accordingly, Advisor’s legal liability is limited to those actionable items and considerations contained in and limited
to this Agreement. Furthermore, Advisor’s liability shall be limited to the total amounts received by Advisor as compensation,
whether in cash or equity, pursuant to this Agreement.


 






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12.  
Advisor’s Representations and Warranties. Advisor represents, warrants, and covenants that (i) neither the Work
Product nor the Services will infringe or misappropriate any intellectual property right of any person or entity; (ii) Advisor
has not and will not grant any right or interest in the Work Product to any person or entity other than the Company; (iii) the
Work Product is not subject to any lien, encumbrance, or other restriction on its transfer; (iv) Advisor has the full power
and authority to enter into this Agreement; (v) Advisor has obtained and will obtain any and all assignments necessary to satisfy
its obligations under this Agreement; and (vi) Advisor will comply with all laws in performing its obligations under this
Agreement.


 


13.  
Miscellaneous.


 


13.1.
Amendments and Waivers.  Any term of this Agreement may be amended or waived only with the written consent of the
Company.


 


13.2.
Sole Agreement.  This Agreement, including the Exhibits hereto, constitutes the sole agreement of the parties and
supersedes all oral negotiations and prior writings with respect to the subject matter hereof.


 


13.3.
Notices.  Any notice required or permitted by this Agreement shall be in writing and shall be deemed sufficient upon
delivery, when delivered personally or by overnight courier or sent by email or fax (upon customary confirmation of receipt),
or forty-eight (48) hours after being deposited in the U.S. mail as certified or registered mail with postage prepaid, addressed
to the party to be notified at such party’s address or fax number as set forth on the signature page or as subsequently
modified by written notice.


 






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13.4.
Choice of Law.  The validity, interpretation, construction and performance of this Agreement shall be governed by
the laws of the State of NEVADA without giving effect to the principles of conflict of laws.


 


13.5.
Severability.  If one or more provisions of this Agreement are held to be unenforceable under applicable law, the
parties agree to renegotiate such provision in good faith.  In the event that the parties cannot reach a mutually agreeable
and enforceable replacement for such provision, then (i) such provision shall be excluded from this Agreement, (ii) the balance
of the Agreement shall be interpreted as if such provision were so excluded and (iii) the balance of the Agreement shall be enforceable
in accordance with its terms.


 


13.6.
Counterparts.  This Agreement may be executed in counterparts, each of which shall be deemed an original, but all
of which together will constitute one and the same instrument.


 


13.7.
Advice of Counsel.  EACH PARTY ACKNOWLEDGES THAT, IN EXECUTING THIS AGREEMENT, SUCH PARTY HAS HAD THE OPPORTUNITY
TO SEEK THE ADVICE OF INDEPENDENT LEGAL COUNSEL, AND HAS READ AND UNDERSTOOD ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT.
 THIS AGREEMENT SHALL NOT BE CONSTRUED AGAINST ANY PARTY BY REASON OF THE DRAFTING OR PREPARATION HEREOF.


 


13.8.
Dispute Resolution. Any disputes concerning this Agreement will be submitted to binding arbitration under the rules of the American
Arbitration Association.


 


In
Witness hereof, the Parties have executed this Advisory Agreement as of the date set forth above.


 


COMPANY


 


Signed:
_____________________________ Sign Here


 


Name:


 


Title:


 


ADVISOR


 


Signed:
_____________________________ Sign Here


 


Name:



 


Address:



 









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EXHIBIT
A 


 


	I.	 	Services	 	Type
    of Compensation	 	Description
	 	1.	Advisory
    Board Member	 	Equity/Stock Options	 	To be determined
by the Board of Directors, with all equity subject to the terms and conditions of the equity/option agreement.
	 	2.	Advisory
    Board Member	 	Monthly Stipend	 	$1,500
USD


 


II. Reimbursable
Expenses


 


Advisor
shall not be authorized to incur on behalf of the Company any expenses and will be responsible for all expenses incurred while
performing the Services except as may be previously agreed upon with company and may include but not necessarily be limited to
reasonable travel and related expenses as may be required from time to time.  


 


 




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