Exhibit
10.98


 


CONSULTING
AGREEMENT


 


This
Consulting Agreement (the “Agreement”) is made and entered into as of this 12th day of February 2021, by and between
Deep Green Waste & Recycling, Inc. a Wyoming corporation whose address is 13110 NE 177th Place, #293, Woodinville,
WA 98072 (the “Company”) and Sylios Corp (the “Consultant”), a Florida corporation whose address
is 501 1st Ave N., Suite 901, St. Petersburg, FL 33701, (individually, a “Party”; collectively, the “Parties”).
This Agreement is non-exclusive.


 


RECITALS


 


WHEREAS,
Consultant has significant experience in the preparation of reports to be filed with the Securities and Exchange Commission
(“SEC”); including, but not limited to Registration Statements, Quarterly Reports, Annual Reports, Current Reports,
preparation of consolidated financial statements, and filings of other accounting and financial reporting forms to regulatory
agencies.


 


NOW,
THEREFORE, in consideration of the mutual promises herein contained, the Parties hereto hereby agree as follows:


 


	 	1.	CONDITIONS.
    This Agreement will not take effect, and Consultant will have no obligation to provide any service whatsoever, unless
    and until the Company sends a signed copy of this Agreement to Consultant (either by mail, email or facsimile copy). The Company
    shall be truthful with Consultant in regard to any relevant material regarding the Company, verbally or otherwise, or this
    entire Agreement will terminate and all consideration paid shall be forfeited without further notice.


 


Upon
execution of this Agreement, the Company agrees to cooperate with Consultant in carrying out the purposes of this Agreement, keep
Consultant informed of any developments of importance pertaining to the Company’s business and abide by this Agreement in
its entirety.


 



	 	2.	TERM OF AGREEMENT. This Agreement shall be in full force and effect commencing on February 12, 2021 and shall remain in effect for three (3) months or until the Company’s Registration Statement on Form S-1 (the “Registration Statement”) is filed with the SEC. Either Party shall have the right to terminate this Agreement without notice in the event of the bankruptcy, insolvency, or assignment for the benefit of creditors of the other Party. Either Party shall have the right to terminate this Agreement with notice, and the effective date of termination shall be the date such notice is received (by mail, overnight delivery, or fax) by the terminated Party.
	 	 	 	 
	 	3.	CONSULTING SERVICES. During the term of this Agreement, Consultant will perform the services described below (the “Consulting Services”) for the Company.
	 	 	 	 
	 	(a)	Transactional
Business 
	 	 	 	 
	 	 	 	(i)	Preparation of the Company’s Registration Statement;
	 	 	 	(ii)	Preparation of the Company’s Super 8-K; and
	 	 	 	(iii)	Filing of the Company’s Registration Statement.


 




    	 



    	 



    

 


	 	4.	STANDARD
    OF PERFORMANCE. Consultant shall devote such time and efforts to the affairs of the Company as is reasonably necessary
    to render the services contemplated by this Agreement. Consultant is not responsible for the performance of any services that
    may be rendered hereunder if the Company fails to provide the requested information in writing prior thereto. The services
    of Consultant shall not include the rendering of any legal opinions or the performance of any work that is in the ordinary
    purview of a certified public accountant. Consultant cannot guarantee results on behalf of the Company but shall use commercially
    reasonable efforts in providing the services listed above. Consultant’s duty is to identify prospective acquisition/joint
    venture companies for the Company. Consultant will in no way act as a “broker-dealer” under state securities laws.
    Because all final decisions pertaining to any particular investment are to be made by the Company, the Company may be required
    to communicate directly with potential acquisition/joint venture prospective companies.
	 	 	 
	 	5.	COMPENSATION
    TO CONSULTANT. As Consultant’s entire compensation for its performance under this Agreement, the Company shall pay
    Consultant a total of 750,000 shares of common stock (the “Shares”) upon execution of this Agreement. The Shares
    shall be issued in book entry format in the name of the Consultant, or its designee (the “Shareholder”), and shall
    be included within the Company’s next Registration Statement on Form S-1. The Shares shall be issued within three (3)
    business days of this Agreement and shall be deemed as earned upon issuance. The Consultant will be solely responsible for
    all tax returns and payments required to be filed with or made to any federal, state or local tax authority with respect to
    the Consultant’s performance of services and receipt of fees under this Agreement. The Company will regularly report
    amounts paid, if any, to the Consultant by filing Form 1099-MISC and/or other appropriate form with the Internal Revenue Service
    as required by law. Because the Consultant is an independent contractor, the Company will not withhold or make payments for
    social security; make consulting contract insurance or disability insurance contributions; or obtain worker’s compensation
    insurance on the Consultant’s behalf. The Consultant agrees to accept exclusive liability for complying with all applicable
    state and federal laws governing self-employed individuals, including obligations such as payment of taxes, social security,
    disability and other contributions based on fees paid to the Consultant under this Agreement. The Consultant hereby agrees
    to indemnify and defend the Company against any and all such taxes or contributions, including penalties and interest.
	 	 	 
	 	6.	CONFIDENTIAL
    INFORMATION. The Consultant and the Company acknowledge that each will have access to proprietary information regarding
    the business operations of the other and agree to keep all such information secret and confidential and not to use or disclose
    any such information to any individual or organization without the non-disclosing Parties prior written consent. It is hereby
    agreed that from time to time Consultant and the Company may designate certain disclosed information as confidential for purposes
    of this Agreement.
	 	 	 
	 	7.	INDEMNIFICATION.
    Each Party (the “Indemnifying Party”) agrees to indemnify, defend, and hold harmless the other Party (the
    “Indemnified Party”) from and against any and all claims, damages, and liabilities, including any and all expense
    and costs, legal or otherwise, caused by the negligent act or omission of the Indemnifying Party, its subcontractors, agents,
    or employees, incurred by the Indemnified Party in the investigation and defense of any claim, demand, or action arising out
    of the work performed under this Agreement; including breach of the Indemnifying Party of this Agreement. The Indemnifying
    Party shall not be liable for any claims, damages, or liabilities caused by the sole negligence of the Indemnified Party,
    its subcontractors, agents, or employees.


 




    	 



    	 



    

 


The
Indemnified Party shall notify promptly the Indemnifying Party of the existence of any claim, demand, or other matter to which
the Indemnifying Party’s indemnification obligations would apply, and shall give them a reasonable opportunity to settle
or defend the same at their own expense and with counsel of their own selection, provided that the Indemnified Party shall at
all times also have the right to fully participate in the defense. If the Indemnifying Party, within a reasonable time after this
notice, fails to take appropriate steps to settle or defend the claim, demand, or the matter, the Indemnified Party shall, upon
written notice, have the right, but not the obligation, to undertake such settlement or defense and to compromise or settle the
claim, demand, or other matter on behalf, for the account, and at the risk, of the Indemnifying Party.


 


The
rights and obligations of the Parties under this Article shall be binding upon and inure to the benefit of any successors, assigns,
and heirs of the Parties.


 


	 	8.	COVENANTS
    OF CONSULTANT. Consultant covenants and agrees with the Company that, in performing Consulting Services under this Agreement,
    Consultant will:


 


(a)
Comply with all federal and state laws;


(b)
Not make any representations other than those authorized by the Company; and


(c)
Not publish, circulate or otherwise use any materials or documents other than materials provided by or otherwise approved by the
Company.


 


	 	9.	COVENANTS
    OF THE COMPANY. The Company covenants, represents and warrants to Consultant as follows:
	 	 	 
	 	(a)	Authorization.
    The Company and its signatories herein have full power and authority to enter into this Agreement and to carry out the
    transactions contemplated hereby.
	 	(b)	No
    Violation. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated
    hereby will violate any provision of the charter or by-laws of the Company or violate any terms of provision of any other
    material agreement to which the Company is a party or any applicable statute or law.
	 	(c)	Contracts
    in Full Force and Effect. All contracts, agreements, plans, policies and licenses to which the Company is a party are
    valid and in full force and effect.
	 	(d)	Consents.
    No consent of any person, other than the signatories hereto, is necessary to the consummation of the transactions contemplated
    hereby, including, without limitation, consents from parties to loans, contracts, lease or other agreements and consents from
    governmental agencies, whether federal, state, or local.
	 	(e)	Consultant
    Reliance. Consultant has and will rely upon the documents, instruments and written information furnished to Consultant
    by the Company’s officers or designated employees.
	 	(f)	Company’s
    Material. All representations and statements provided herein about the Company are true and complete and accurate. The
    Company agrees to indemnify, hold harmless, and defend Consultant, its officers, directors, agents and employees, at the Company’s
    expense for any proceeding or suit which may rise out of any inaccuracy or incompleteness of any such material or written
    information supplied to Consultant.


 




    	 



    	 



    

 


	 	10.	MISCELLANEOUS
    PROVISIONS
	 	 	 
	 	(a)	Amendment
    and Modification. This Agreement may be amended, modified and supplemented only by written agreement of the Company and
    Consultant.
	 	(b)	Waiver
    of Compliance. Any failure of Consultant, on the one hand, or the Company, on the other, to comply with any obligation,
    agreement, or condition herein may be expressly waived in writing, but such waiver or failure to insist upon strict compliance
    with such obligation, covenant, agreement or condition shall not operate as a waiver of, or estoppel with respect to, any
    subsequent or other failure.
	 	(c)	Expenses,
    Transfer Taxes, Etc. Other than as expressly set forth in this Agreement, the Parties shall bear their own costs and expenses
    in carrying out the provisions of this Agreement.
	 	(d)	Compliance
    with Regulatory Agencies. Each Party agrees that all actions, direct or indirect, taken by it and its respective agents,
    employees and affiliates in connection with this Agreement and any financing or underwriting hereunder shall conform to all
    applicable Federal and State securities laws.
	 	(e)	Notices.
    Any notices to be given hereunder by any Party to the other may be effected either by personal delivery in writing, by
    a reputable, national overnight delivery service, by facsimile transmission or by mail, registered or certified, postage prepaid
    with return receipt requested. Notices shall be addressed to the “Contact Person” at the addresses appearing on
    the signature page of this Agreement, but any Party may change his address or “Contact Person” by written notice
    in accordance with this subsection. Notices delivered personally shall be deemed delivered as of actual receipt, notices sent
    by facsimile shall be deemed delivered one (1) day after electronic confirmation of receipt, notices sent by overnight delivery
    service shall be deemed delivered one (1) day after delivery to the service, mailed notices shall be deemed delivered as of
    five (5) days after mailing.
	 	(f)	Assignment.
    This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the Parties hereto and
    their respective successors and permitted assigns.
	 	(g)	Delegation.
    Neither Party shall delegate the performance of its duties under this Agreement without the prior written consent of the
    other Party.
	 	(h)	Publicity.
    Neither Consultant nor the Company shall make or issue or cause to be made or issued, any announcement or written statement
    concerning this Agreement or the transactions contemplated hereby for dissemination to the general public without the prior
    consent of the other Party. This provision shall not apply, however, to any announcement or written statement required to
    be made by law or the regulations of any Federal or State governmental agency, except that the Party required to disclose
    shall consult with and make reasonable efforts to accommodate changes to the required disclosure and the timing of such announcement
    suggested by the other Party.


 




    	 



    	 



    

 


	 	(i)	Arbitration
    and Governing Law. If a dispute arises out of or relates to this contract, or the breach thereof, and if the dispute cannot
    be settled through negotiation, the parties agree first to try in good faith to settle the dispute by mediation administered
    by the American Arbitration Association under its Commercial Mediation Procedures before resorting to arbitration, litigation,
    or some other dispute resolution procedure. If they do not reach such solution within a period of 60 days, then, upon notice
    by either party to the other, all disputes, claims, questions, or differences shall be finally settled by arbitration administered
    by the American Arbitration Association in accordance with the provisions of its Commercial Arbitration Rules. This Agreement
    and the legal relations among the Parties hereto shall be governed by and construed in accordance with the laws of the State
    of Florida, without regard to its conflict of law doctrine. The Parties agree that the venue for the resolution of all disputes
    arising under the terms of this Agreement and the transactions contemplated herein will be the County of Pinellas, State of
    Florida.
	 	(j)	Counterparts.
    This Agreement may be executed simultaneously in two or more counterparts, each of which shall be deemed an original,
    but all of which together shall constitute one and the same instrument.
	 	(k)	Headings.
    The heading of the sections of this Agreement are inserted for convenience only and shall not constitute a part hereto
    or affect in any way the meaning or interpretation of this Agreement.
	 	(l)	Entire
    Agreement. This Agreement including any Exhibits hereto, and the other documents and certificates delivered pursuant to
    the terms hereto, set forth the entire agreement and understanding of the Parties hereto in respect of the subject matter
    contained herein, and supersedes all prior agreements, promise, covenants, arrangements, communications, representations or
    warranties, whether oral or written, by any officers employee or representative of any Party hereto.
	 	(m)	Third
    Parties. Except as specifically set forth or referred to herein, nothing herein express or implied is intended or shall
    be construed to confer upon or give to any person or entity other than the Parties hereto and their successors or assigns,
    any rights or remedies under or by reason of this Agreement.
	 	(n)	Attorneys’
    Fees and Costs. If any action is necessary to enforce and collect upon the terms of this Agreement, the prevailing Party
    shall be entitled to reasonable attorneys’ fees and costs, in addition to any other relief to which that Party may be
    entitled. This provision shall be construed as applicable to the entire Agreement.
	 	(o)	Survivability.
    If any part of this Agreement is found or deemed by a court of competent jurisdiction to be invalid or unenforceable,
    that part shall be severable from the remainder of the Agreement.
	 	(p)	Further
    Assurances. Each of the Parties agrees that it shall from time-to-time take such actions and execute such additional instruments
    as may be reasonably necessary or convenient to implement and carry out the intent and purposes of this Agreement.
	 	(q)	Relationship
    of the Parties. Nothing contained in this Agreement shall be deemed to constitute either Party becoming the partner of
    the other, the agent or legal representative of the other, nor create any fiduciary relationship between them, except as otherwise
    expressly provided herein. It is not the intention of the Parties to create nor shall this Agreement be construed to create
    any commercial relationship or other partnership. Neither Party shall have any authority to act for or to assume any obligation
    or responsibility on behalf of the other Party, except as otherwise expressly provided herein. The rights, duties, obligations
    and liabilities of the Parties shall be separate, not joint or collective. Each Party shall be responsible only for its obligations
    as herein set out and shall be liable only for its share of the costs and expenses as provided herein.


 




    	 



    	 



    

 


	 	(r)	No
    Authority to Obligate the Company. Without the consent of the Board of Directors of the Company, Consultant shall have
    no authority to take, nor shall it take, any action committing or obligating the Company in any manner, and it shall not represent
    itself to others as having such authority.


 


	 	11.	Non-Circumvention.
    In and for valuable consideration, the Company hereby agrees that Consultant may introduce (whether by written, oral, data,
    or other form of communication) the Company to one or more opportunities, including, without limitation, existing or potential
    investors, lenders, borrowers, trusts, natural persons, corporations, limited liability companies, partnerships, unincorporated
    businesses, sole proprietorships and similar entities (an “Opportunity” or “Opportunities”). The Company
    further acknowledges and agrees that the identity of the subject Opportunities, and all other information concerning an Opportunity
    (including without limitation, all mailing information, phone and fax numbers, email addresses and other contact information)
    introduced hereunder are the property of Consultant, and shall be treated as confidential information by the Company, it affiliates,
    officers, directors, shareholders, employees, agents, representatives, successors and assigns. The Company shall not use such
    information, except in the context of any arrangement with Consultant in which Consultant is directly and actively involved,
    and never without Consultant’s prior written approval. The Company further agrees that neither it nor its employees,
    affiliates or assigns, shall enter into, or otherwise arrange (either for it/him/herself, or any other person or entity) any
    business relationship, contact any person regarding such Opportunity, either directly or indirectly, or any of its affiliates,
    or accept any compensation or advantage in relation to such Opportunity except as directly though Consultant, without the
    prior written approval of Consultant. Consultant is relying on the Company’s assent to these terms and their intent
    to be bound by the terms by evidence of their signature. Without the Company’s signed assent to these terms, Consultant
    would not introduce any Opportunity or disclose any confidential information to the Company as herein described.


 




    	 



    	 



    

 


IN
WITNESS, WHEREOF, the Parties hereto have caused this Agreement to be duly executed, all as of the day and year first above written.


 


	COMPANY:	 	CONSULTANT:
	DEEP
    GREEN WASTE & RECYLCING, INC.	 	SYLIOS
    CORP
	13100
    NE 177th Place, #293	 	501
    First Ave N, Suite 901
	Woodinville,
    WA 98072	 	St.
    Petersburg, FL 33701
	 	 	 
	By:	 	By:
	 	 	 
	 	 	 
	Lloyd
    Spencer	 	Jimmy
    Wayne Anderson
	Its:
    President and CEO	 	Its:
    President
	Date:
    February 12, 2021	 	Dated:
    February 12, 2021