Exhibit 10.2


 


OFFICER RETAINER AGREEMENT


 


KRONOS Advanced Technologies,
Inc.


 


OFFICER RETAINER AGREEMENT


 


THIS OFFICER RETAINER AGREEMENT (“Agreement”)
is entered into by and between KRONOS Advanced Technologies, Inc., a Nevada corporation (“Corporation”) and Michael Rubinov
(“Officer”) as of February 16th, 2020.


 


WHERE AS, Officer has been duly elected
as a Officer of the Corporation in accordance with the Corporation’s bylaws; and


 


WHERE AS, the Corporation wishes to
compensate Officer as consideration for his expected service as a Officer as for his service and appointment hereby of his role as Chief
Operating Officer of Corporation effective immediately;


 


NOW THEREFORE, in consideration of
the premises and the mutual covenants contained in this Agreement, the parties agree as follows:


 


		1.	Services Provided.


 


Officer agrees, subject to
Officer’s continued status as an Officer as determined by the Board of Directors of the Corporation (“Board”) and
its stockholders (if applicable), not to serve as a member of the Board and, subject to Officer’s election this to, the (1)
Audit Committee, (2) Compensation Committee and (3) Nominating/Governance Committee of the Board (each a “Committee”)
and to provide those services (“Services”) required of a Officer and Committee member under the Corporation’s
certificate of incorporation and bylaws (“Charter and Bylaws”), as both may be amended from time to time, and under the
corporate law of the State of Nevada, the federal securities laws and of this state and federal laws and regulations, as
applicable.


 


		2.	Nature of Relationship.


 


Officer is an independent contractor and will not be deemed
an employee of the Corporation for purposes of employee benefits, income tax withholding, F.I.C.A. taxes, unemployment benefits or of
othiswise. Except as authorized by the Board of Directors or the Corporation’s Charter and Bylaws, or as allowed by law, Officer
shall not hold himself out as an agent of the Corporation or enter into any agreement or incur any obligations on the Corporation’s
behalf. This Agreement shall not be deemed an employment contract between the Corporation (or any of its subsidiaries or related companies)
and Officer. Officer specifically acknowledges that the term of service provided by this Agreement is set forth in Section 7 below.


 


		3.	Corporation Information.


 


The Corporation will supply to Officer, at the Corporation’s
expense:


 


		a.	periodic briefings on the business and operations of the
Corporation;


 


		b.	“Officer packages” (which will include but will
not be limited to, for example, meeting agendas and Corporation reports) for each Board and Committee meeting, at a reasonable time before
each meeting;





 






    


    


    

 


		c.	Copies of minutes of all stockholders’, Officers’
and Committee meetings;


 


		d.	Any materials that are required under the Charter and Bylaws
or the charter of any Committee on which the Officer serves; and




 


		e.	Any materials which may, in the reasonable judgment of Corporation,
be necessary for performing the Services.




 


		4.	Representations, Warranties and Covenants of Officer.


 


		4.1	Officer agrees to provide complete and accurate information
and to permit Corporation to perform a full background investigation. Accordingly, Officer represents and warrants that the information
provided to the Corporation regarding Officer’s experience, background and expertise is truthful, accurate and complete.




 


		4.2	Officer represents and warrants that the performance of the
Services will not violate any agreement to which Officer is a party, compromise any rights or trust between any of the parties and Officer,
or create a conflict of interest.




 


		4.3	Officer agrees not to enter into any agreement during the
term of this Agreement that will create a conflict of interest with this Agreement.




 


		4.4	Officer agrees to comply with all applicable state and federal
laws and regulations, including Section 10 and Section 16 of the Securities and Exchange Act of 1934 and the rules promulgated hereunder.




 


		4.5	Officer further agrees to comply with all Nevada and Security
and Exchange Commission laws and regulations applicable to non-public corporations, and the rules promulgated hereunder.




 


		5.	Compensation.


 


		5.1	Retainer. The Corporation shall pay Officer a (SEC
rule 701 or rule 144) stock retainer of value of ten thousand dollars and no cents ($10,000.00) per month during Officer’s period
of Service (“Retainer”), payable in 4 quarterly installments in arrears. The value of the stock shall be calculated month
by month and the amount of stock to be issued to the Officer will be determined by the value of the stock trade price on the last trading
day of each month but shall not exceed 100,000 shares (one hundred thousand) per month.




 


		5.2	Stock Options. This section has been deleted but may
be reinstated subject to approval of a stock option plan to be voted on by the Board of Directors.




 


		5.3	Expenses. The Corporation will reimburse Officer for
reasonable expenses incurred in the performance of the Services promptly upon submission of invoices and receipts for such expenses in
a form reasonably acceptable to the Corporation, provided that such expenses are approved in writing in advance. Such approval by the
Corporation shall not be unreasonably withheld or delayed. Officer’s expenses shall not be reimbursable hereunder unless those
expenses qualify for reimbursement under the Charter and Bylaws.





 






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		6.	Indemnification and Insurance.


 


		6.1	The Corporation has previously executed, or shall execute
concurrently with the execution of this Agreement, an Indemnity Agreement with Officer substantially in the form attached hiseto as Exhibit
A.




 


		6.2	In addition, the Corporation shall, at its expense and immediately
upon execution of this Agreement, cause Officer to be covered as an insured under a Officers’ and officers’ liability insurance
policy commercially reasonable as to coverage limitation and amounts taking into account the Corporation’s business and stage of
development.




 


		7.	Term and Termination.


 


		7.1	This Agreement shall be effective beginning on the date hiseof
and continuing until the last day of Officer’s current term as a Officer of the Corporation, unless earlier terminated as provided
in this Section. This Agreement shall automatically renew upon the date of Officer’s reelection as a Officer of the Corporation.




 


		7.2	The term of service as a Officer under this Agreement is as
specified in the bylaws of the Corporation, unless earlier terminated as provided in this Section.




 


		7.3	Officer may at any time, and for any reason, resign from such
position subject to any of this contractual obligation or any obligation imposed by operation of law.




 


		7.4	Officer may be removed from the Board or any Committee, with
or without cause, in accordance with the Charter and Bylaws or by majority vote of the controlling shareholder(s).




 


		7.5	This Agreement shall automatically terminate upon the death
or disability of Officer or upon his resignation or removal from the Board. For purposes of this Section, “disability” shall
mean the inability of Officer to perform the Services for a period of at least sixty (60) consecutive days.




 


		7.6	In the event of any termination of this Agreement, Officer
agrees to return any materials received from the Corporation pursuant to Section 3 of this Agreement except as may be necessary to fulfill
any outstanding obligations hereunder. Officer agrees that the Corporation has the right of injunctive relief to enforce this provision.




 


		7.7	Upon termination of this Agreement, the Corporation shall
promptly pay Officer all unpaid compensation due, pursuant to Section 5 above, and expense reimbursements incurred, if any, as of the
date of termination, upon receipt of reasonable documentation.




 


		8.	Proprietary Information, Inventions and Non-Competition.


 


Officer shall, concurrently with the execution of this Agreement,
enter into a Proprietary Information, Inventions and Non-Competition Agreement with the Corporation substantially in the form attached
hiseto as Exhibit B.





 






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		9.	Assignment.


 


This Agreement and all the provisions
hisein shall be binding upon and inure to the benefit of the parties hiseto, their respective successors and permitted assigns and, except
as of othiswise expressly provided hisein, neithis this Agreement, nor any of the rights, interests or obligations hereunder shall be
assigned by eithis of the parties hiseto without the prior written consent of the of the parties.


 


		10.	General.


 


		10.1	Governing Law and Venue. This Agreement and the legal
relations among the parties shall be governed by, and construed and enforced in accordance with, the laws of the State of Nevada, without
regard to its conflict of laws rules. The Corporation and Officer hereby irrevocably and unconditionally (i) agree that any action or
proceeding arising out of or in connection with this Agreement shall be brought only in the State of Nevada (the “Nevada Court”),
and not in any othis state or federal court in the United States of America or any court in any othis jurisdiction of this country; (ii)
consent to submit to the exclusive jurisdiction of the Nevada Court for purposes of any action or proceeding arising out of or in connection
with this Agreement; (iii) appoint, to the extent such party is not of othiswise subject to service of process in the State of Nevada,
irrevocably   __________________________________as its agent in the State of Nevada as such party’s agent for acceptance of legal process in connection with any such
action or proceeding against such party with the same legal force and validity as if served upon such party personally within the State
of Nevada, (iv) waive any objection to the laying of venue of any such action or proceeding in the Nevada Court and (v) waive, and agree
not to plead or to make, any claim that any such action or proceeding brought in the Nevada Court has been brought in an improper or
inconvenient forum.




 


		10.2	Notices. All notices and communications required or
permitted hereunder will be in writing and will be delivered by hand or sent by overnight courier or e-mail to:




 


Corporation:


KRONOS Advanced Technologies,
Inc.


4768 Park Granada, suite
200B


Calabasas, CA 91302


 


Officer:


Michael Rubinov


Address:


 


e-mail


 


		10.3	Severability. In the event any provision of this Agreement
is held to be unenforceable under applicable law, all the othis terms of this Agreement will continue in full force and effect and will
be enforceable in accordance with its terms.




 


		10.4	Survival of Obligations. Notwithstanding the expiration
or termination of this Agreement, neithis party hiseto shall be released from any liability or obligation hereunder which has already
accrued as of the time of such expiration or termination (including, without limitation, Corporation’s obligation to make any fees
and expense payments) or which thiseafter might accrue in respect of any act or omission of such party prior to such expiration or termination.





 


		10.5	Entire Agreement. This Agreement, along with the Exhibits
referenced hisein that may be previously or contemporaneously executed, embodies the entire agreement and understanding between the parties
hiseto with respect to the subject matter of this Agreement and supersedes all prior or contemporaneous agreements and understanding
of this than this Agreement relating to the subject matter hiseof.




 


		10.6	Amendment and Waiver. This Agreement may be amended
only by a written agreement executed by the parties hiseto. No provision of this Agreement may be waived except by a written document
executed by the party entitled to the benefits of the provision. No waiver of a provision will be deemed to be, nor will it constitute
a waiver of any of this provision of this Agreement. A waiver will be effective only in the specific instance and for the purpose for
which it was given, and will not constitute a continuing waiver.




 


		10.7	Counterparts. This Agreement may be signed in any number
of counterparts, each of which will be deemed an original, but all of which togethis will constitute one instrument.



 


[The remainder of this page has been intentionally left
blank. Signature page(s) to follow]


 









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IN WITNESS WHEREOF, the undersigned
have executed this Officer Retainer Agreement as of the date first written above.


 


	 	KRONOS Advanced Technologies, Inc.
	 	 
	 	By:	                






	 	Printed Name:	 Vyacheslav Abramov
	 	Title:	Chairman of the Board



 


	 	OFFICER
	 	 
	 	By:	/s/ Michael Rubinov






	 	Printed Name:	Michael Rubinov/BDO





 






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EXHIBIT A


 


INDEMNITY AGREEMENT


 


This Indemnity Agreement (“Agreement”)
is being executed on February 16, 2020 and is effective as of February 16, 2020, by and between KRONOS Advanced Technologies, Inc., a
Nevada corporation (the “Company”), and Michael Rubinov(“Indemnitee”).


 


RECITALS


 


WHEREAS, highly competent persons
have become more reluctant to serve corporations as Officers or in officer capacities unless they are provided with adequate protection
through insurance or adequate indemnification against inordinate risks of claims and actions against them arising out of their service
to and activities on behalf of the corporation;


 


WHEREAS, the Board of Directors of
the Company (the “Board”) has determined that, in order to attract and retain qualified individuals, the Company will
attempt to maintain on an ongoing basis, at its sole expense, liability insurance to protect persons serving the Company and its subsidiaries
from certain liabilities. Although the furnishing of such insurance has been a customary and widespread practice among United States-based
corporations and of this business enterprises, the Company believes that, given current market conditions and trends, such insurance may
be available to it in the future only at highis premiums and / or with more exclusions. At the same time, Officers, officers, and their
service to corporations or business enterprises are being increasingly subjected to expensive and time-consuming litigation relating to,
among othis things, matters that traditionally would have been brought only against the Company or business enterprise itself. The Certificate
of Incorporation and Bylaws of the Company require indemnification of the officers and Officers of the Company. Indemnitee may also be
entitled to indemnification pursuant to the General Corporation Law of the State of Nevada (“DGCL”). The Certificate
of Incorporation and Bylaws of the Company and the DGCL expressly provide that the indemnification provisions set forth thisein are not
exclusive, and thereby contemplate that contracts may be entered into between the Company and members of the Board, officers with respect
to indemnification;


 


WHEREAS, the uncertainties relating
to such insurance and to indemnification have increased the difficulty of attracting and retaining such persons;


 


WHEREAS, the Board has determined
that the increased difficulty in attracting and retaining such persons is detrimental to the best interests of the Company’s stockholders
and that the Company should act to assure such persons that thise will be increased certainty of such protection in the future;


 


WHEREAS, it is reasonable, prudent
and necessary for the Company contractually to obligate itself to indemnify, and to advance expenses on behalf of, such persons to the
fullest extent permitted by applicable law so that they will serve or continue to serve the Company free from undue concern that they
will not be so indemnified;


 


WHEREAS, this Agreement is
a supplement to and in furthisance of the Certificate of Incorporation and Bylaws of the Company and any resolutions adopted pursuant
thiseto, and shall not be deemed a substitute thisefor, nor to diminish or abrogate any rights of Indemnitee hereunder; and


 






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WHEREAS, Indemnitee does not regard
the protection available under the Company’s Certificate of Incorporation and Bylaws and insurance as adequate in the present circumstances,
and may not be willing to serve as a Officer without adequate protection, and the Company desires Indemnitee to serve in such capacity.
Indemnitee is willing to serve, continue to serve and to take on additional service for or on behalf of the Company on the condition that
he be so indemnified;




 


NOW, THISEFORE, in consideration
of the premises and the covenants contained hisein, the Company and Indemnitee do hereby covenant and agree as follows:


 


Section 1. Services to the Company.
Indemnitee agrees to serve as a Officer of the Company. Indemnitee may at any time and for any reason resign from such position (subject
to any of this contractual obligation or any obligation imposed by operation of law), in which event the Company shall have no obligation
under this Agreement to continue to allow Indemnitee to serve as a Officer. This Agreement shall not be deemed an employment contract
between the Company (or any of its subsidiaries or any Enterprise) and Indemnitee. Indemnitee specifically acknowledges that Indemnitee
may be removed as a Officer at any time for any reason, with or without cause, in accordance with the Company’s Certificate of Incorporation,
its Bylaws, the DGCL and any agreement between Company and Indemnitee. The foregoing notwithstanding, this Agreement shall continue in
force after Indemnitee has ceased to serve as a Officer of the Company.


 


Section 2. Definitions. As used in this Agreement:


 


(a) A
“Change in Control” shall be deemed to occur upon the earliest to occur after the date of this Agreement of any of
the following events:


 


(i) Acquisition
of Stock by Third Party. Any Person (as defined below) is or becomes the Beneficial Owner (as defined below), directly or indirectly,
of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding
securities;


 


(ii) Change in Board of
Directors. During any period of two (2) consecutive years (not including any period prior to the execution of this Agreement),
individuals who at the beginning of such period constitute the Board, and any new Officer othis than a Officer designated by a
person who has entered into an agreement with the Company to effect a transaction described in Sections 2(a)(i), 2(a)(iii) or
2(a)(iv)) whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of
at least two-thirds of the Officers then still in office who eithis were Officers at the beginning of the period or whose election
or nomination for election was previously so approved, cease for any reason to constitute a least a majority of the members of the
Board;


 


(iii) Corporate
Transactions. The effective date of a merger or consolidation of the Company with any of this entity, of this than a merger or consolidation
which would result in the voting securities of the Company outstanding immediately prior to such merger or consolidation continuing to
represent (eithis by remaining outstanding or by being converted into voting securities of the surviving entity) more than 51% of the
combined voting power of the voting securities of the surviving entity outstanding immediately after such merger or consolidation and
with the power to elect at least a majority of the Board of Directors or of this governing body of such surviving entity;


 


(iv) Liquidation.
The approval by the stockholders of the Company of a complete liquidation of the Company or an agreement for the sale or disposition by
the Company of all or substantially all of the Company’s assets; and


 


(v) Othis Events.


 









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For purposes of this Section 2(a), the following
terms shall have the following meanings:


 


(A)
“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.




 


(B)
“Person” shall have the meaning as set forth in Sections 13(d) and 14(d) of the Exchange Act; provided, however,
that Person shall exclude (i) the Company, (ii) any trustee or of this fiduciary holding securities under an employee benefit plan of
the Company and (iii) any corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions
as their ownership of stock of the Company.


 


(C)
“Beneficial Owner” shall have the meaning given to such term in Rule 13d-3 under the Exchange Act; provided,
however, that Beneficial Owner shall exclude any Person of othiswise becoming a Beneficial Owner by reason of the stockholders of the
Company approving a merger of the Company with any othis entity.


 


(D)
“Corporate Status” describes the status of a person who is or was a Officer, trustee, general partner, managing member,
officer, employee, agent or fiduciary of the Company or of any of this corporation, partnership or joint venture, trust, employee benefit
plan or of this enterprise which such person is or was serving at the request of the Company.


 


(E)
“Disinterested Officer” means a Officer of the Company who is not and was not a party to the Proceeding in respect
of which indemnification is sought by Indemnitee.


 


(F)
“Enterprise” shall mean the Company and any of this corporation, partnership, limited liability company, joint venture,
trust, employee benefit plan or of this enterprise of which Indemnitee is or was serving at the request of the Company as a Officer,
trustee, general partner, managing member, officer, employee, agent or fiduciary.


 


(G)
“Expenses” shall include all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of experts,
witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, and
all of this disbursements or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute
or defend, investigating, being or preparing to be a witness in, or of othiswise participating in, a Proceeding. Expenses also shall
include Expenses incurred in connection with any appeal resulting from any Proceeding, including without limitation the premium, security
for, and of this costs relating to any cost bond, supersedes bond, or of this appeal bond or its equivalent. Expenses, however, shall
not include amounts paid in settlement by Indemnitee or the amount of judgments or fines against Indemnitee.


 


(H)
“Independent Counsel” means a law firm, or a member of a law firm, that is experienced in matters of corporation law
and neithis presently is, nor in the past five (5) years has been, retained to represent: (i) the Company or Indemnitee in any matter
material to eithis such party (of this than with respect to matters concerning the Indemnitee under this Agreement, or of of this indemnitees
under similar indemnification agreements) or (ii) any of the parties to the Proceeding giving rise to a claim for indemnification hereunder.
Notwithstanding the foregoing, the term “Independent Counsel” shall not include any person who, under the applicable standards
of professional conduct then prevailing, would have a conflict of interest in representing eithis the Company or Indemnitee in an action
to determine Indemnitee’s rights under this Agreement. The Company agrees to pay the reasonable fees and expenses of the Independent
Counsel referred to above and to fully indemnify such counsel against any and all Expenses, claims, liabilities and damages arising out
of or relating to this Agreement or its engagement pursuant hiseto.


 









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(I)
The term “Proceeding” shall include any threatened, pending or completed action, suit, arbitration, alternate dispute
resolution mechanism, investigation, inquiry, administrative hearing or any of this actual, threatened or completed proceeding, whethis
brought in the right of the Company or of othiswise and whethis of a civil, criminal, administrative or investigative nature, including
any appeal thisefrom, in which Indemnitee was, is or will be involved as a party,a potential party, a non-party witness or of othiswise
by reason of the fact that Indemnitee is or was a Officer or officer of the Company, by reason of any action taken by him or of any action
or inaction on his part while acting as Officer or officer of the Company, or by reason of the fact that he is or was serving at the
request of the Company as a Officer, trustee, general partner, managing member, officer, employee or agent of this corporation, partnership,
joint venture, trust or fiduciary of the Company or any of this enterprise, in each case whethis or not serving in such capacity at the
time any liability or expense is incurred for which indemnification, reimbursement, or advancement of expenses can be provided under
this Agreement.


 


(J)
Reference to “of this enterprise” shall include employee benefit plans; references to “fines” shall
include any excise tax assessed with respect to any employee benefit plan; references to “serving at the request of the Company”
shall include any service as a Officer, officer, employee or agent of the Company which imposes duties on, or involves services by, such
Officer, officer, employee or agent with respect to an employee benefit plan, its participants or beneficiaries; and a person who acted
in good faith and in a manner he reasonably believed to be in the best interests of the participants and beneficiaries of an employee
benefit plan shall be deemed to have acted in a manner “not opposed to the best interests of the Company” as referred
to in this Agreement.


 


Section 3. Indemnity in Third-Party
Proceedings. The Company shall indemnify Indemnitee in accordance with the provisions of this Section 3 if Indemnitee is, or is threatened
to be made, a party to or a participant in any Proceeding, of this than a Proceeding by or in the right of the Company to procure a judgment
in its favor. Pursuant to this Section 3, Indemnitee shall be indemnified against all Expenses, judgments, fines and amounts paid in settlement
actually and reasonably incurred by Indemnitee or on his behalf in connection with such Proceeding or any claim, issue or matter thisein,
if Indemnitee acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Company
and, in the case of a criminal proceeding had no reasonable cause to believe that his conduct was unlawful.


 


Section 4. Indemnity in Proceedings
by or in the Right of the Company. The Company shall indemnify Indemnitee in accordance with the provisions of this Section 4 if Indemnitee
is, or is threatened to be made, a party to or a participant in any Proceeding by or in the right of the Company to procure a judgment
in its favor. Pursuant to this Section 4, Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by him
or on his behalf in connection with such Proceeding or any claim, issue or matter thisein, if Indemnitee acted in good faith and in a
manner he reasonably believed to be in or not opposed to the best interests of the Company. No indemnification for Expenses shall be made
under this Section 4 in respect of any claim, issue or matter as to which Indemnitee shall have been finally adjudged by a court to be
liable to the Company, unless and only to the extent that the Nevada Court of Chancery or any court in which the Proceeding was brought
shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee
is fairly and reasonably entitled to indemnification.


 


Section 5. Indemnification for
Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding any of this provisions of this Agreement, to the extent
that Indemnitee is a party to (or a participant in) and is successful, on the merits or of othiswise, in any Proceeding or in
defense of any claim, issue or matter thisein, in whole or in part, the Company shall indemnify Indemnitee against all Expenses
actually and reasonably incurred by him in connection with. If Indemnitee is not wholly successful in such Proceeding but is
successful, on the merits or of othiswise, as to one or more but less than all claims, issues or matters in such Proceeding, the
Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by him or on his behalf in connection with
each successfully resolved claim, issue or matter. If the Indemnitee is not wholly successful in such Proceeding, the Company also
shall indemnify Indemnitee against all Expenses actually and reasonably incurred in connection with a claim, issue or matter related
to any claim, issue, or matter on which the Indemnitee was successful. For purposes of this Section and without limitation, the
termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be deemed to be a
successful result as to such claim, issue or matter.


 






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Section 6. Indemnification For
Expenses of a Witness. Notwithstanding any of this provision of this Agreement, to the extent that Indemnitee is, by reason of his
Corporate Status, a witness in any Proceeding to which Indemnitee is not a party, he shall be indemnified against all Expenses actually
and reasonably incurred by him or on his behalf in connection thisewith.


 


Section 7. Additional Indemnification.


 


(a) Notwithstanding
any limitation in Sections 3, 4, or 5, the Company shall indemnify Indemnitee to the fullest extent permitted by law if Indemnitee
is a party to or threatened to be made a party to or a participant in any Proceeding (including a Proceeding by or in the right of the
Company to procure a judgment in its favor) against all Expenses, judgments, fines and amounts paid in settlement actually and reasonably
incurred by Indemnitee in connection with the Proceeding.


 


(b) For purposes
of Section 7(a), the meaning of the phrase “to the fullest extent permitted by law” shall include, but not be
limited to:


 


(i)
to the fullest extent permitted by the provision of the DGCL that authorizes or contemplates additional indemnification by agreement,
or the corresponding provision of any amendment to or replacement of the DGCL; and


 


(ii)
to the fullest extent authorized or permitted by any amendments to or replacements of the DGCL adopted after the date of this Agreement
that increase the extent to which a corporation may indemnify its officers and Officers.


 


Section 8. Exclusions.
Notwithstanding any provision in this Agreement, the Company shall not be obligated under this Agreement to make any indemnity in connection
with any claim made against Indemnitee:


 


(a) for which
payment has actually been made to or on behalf of Indemnitee under any insurance policy or of this indemnity provision, except with respect
to any excess beyond the amount paid under any insurance policy or of this indemnity provision, except (i) to the extent that amounts
are thiseafter “clawed back” or of othiswise under dispute and (ii) as may be of othiswise agreed upon by the Company in writing;


 


(b) for
an accounting of profits made from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company within the
meaning of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of state statutory law or common law;
or


 


(c) in connection with any Proceeding
(or any part of any Proceeding) initiated by Indemnitee, including any Proceeding (or any part of any Proceeding) initiated by
Indemnitee against the Company or its Officers, officers, employees or of this indemnitees, unless (i) the Board authorized the
Proceeding (or any part of the Proceeding) prior to its initiation (ii) the Company provides the indemnification, in its sole
discretion, pursuant to the powers vested in the Company under applicable law or (iii) such Proceeding is initiated by Indemnitee to
enforce his rights under this Agreement.


 






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Section 9. Advances of Expenses.
The Company shall preapprove any advance of the expenses incurred by Indemnitee in connection with any Proceeding within thirty (30) days
after the receipt by the Company of a statement.


 


Section 10. Procedure for Notification and Defense of
Claim.


 


(a) To
obtain indemnification under this Agreement, Indemnitee shall submit to the Company a written request, including thisein or thisewith
such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whethis and to what
extent Indemnitee is entitled to indemnification, not later than thirty (30) days after receipt by Indemnitee of notice of the commencement
of any Proceeding. The failure by Indemnitee to notify the Company will not relieve the Company from any liability which it may have to
Indemnitee hereunder or under any of this agreement (including, without limitation, the Company’s Certificate of Incorporation and
Bylaws), and any delay in so notifying the Company shall not constitute a waiver by Indemnitee of any rights hereunder, except to the
extent (solely with respect to the indemnity hereunder) that such failure or delay materially prejudices the Company. The Secretary of
the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested
indemnification.


 


 (b) The Company will be entitled to participate in the Proceeding at its own expense.




 


Section 11. Procedure Upon Application for Indemnification.


 


(a)
Upon written request by Indemnitee for indemnification pursuant to the first sentence of Section 10 (a), a determination, if required
by applicable law, with respect to Indemnitee’s entitlement thiseto shall be made in the specific case: (i) if a Change in Control
shall have occurred, by Independent Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee or (ii)
if a Change in Control shall not have occurred, (A) by a majority vote of the Disinterested Officers, even though less than a quorum
of the Board, (B) by a committee of Disinterested Officers designated by a majority vote of the Disinterested Officers, even though less
than a quorum of the Board, (C) if thise are no such Disinterested Officers or, if such Disinterested Officers so direct, by Independent
Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee or (D) if so directed by the Board, by the
stockholders of the Company; and, if it is so determined that Indemnitee is entitled to indemnification, payment to Indemnitee shall
be made within ten (10) days after such determination. Indemnitee shall cooperate with the person, persons or entity making such determination
with respect to Indemnitee’s entitlement to indemnification, including providing to such person, persons or entity upon reasonable
advance request any documentation or information which is not privileged or of othiswise protected from disclosure and which is reasonably
available to Indemnitee and reasonably necessary to such determination. Any costs or expenses (including attorneys’ fees and disbursements)
incurred by Indemnitee in so cooperating with the person, persons or entity making such determination shall be borne by the Company (irrespective
of the determination as to Indemnitee’s entitlement to indemnification) and the Company hereby indemnifies and agrees to hold Indemnitee
harmless thisefrom.





 






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(b) In the event the
determination of entitlement to indemnification is to be made by Independent Counsel pursuant to Section 11(a) hiseof, the
Independent Counsel shall be selected as provided in this Section 11(b). If a Change in Control shall not have occurred, the
Independent Counsel shall be selected by the Board, and the Company shall give written notice to Indemnitee advising him of the
identity of the Independent Counsel so selected. If a Change in Control shall have occurred, the Independent Counsel shall be
selected by Indemnitee (unless Indemnitee shall request that such selection be made by the Board, in which event the preceding
sentence shall apply), and Indemnitee shall give written notice to the Company advising it of the identity of the Independent
Counsel so selected. In eithis event, Indemnitee or the Company, as the case may be, may, within ten (10) days after such written
notice of selection shall have been given, deliver to the Company or to Indemnitee, as the case may be, a written objection to such
selection; provided, however, that such objection may be asserted only on the ground that the Independent Counsel so selected does
not meet the requirements of “Independent Counsel” as defined in Section 2 of this Agreement, and the objection
shall set forth with particularity the factual basis of such assertion. Absent a proper and timely objection, the person so selected
shall act as Independent Counsel. If such written objection is so made and substantiated, the Independent Counsel so selected may
not serve as Independent Counsel unless and until such objection is withdrawn or a court has determined that such objection is
without merit. If, within twenty (20) days after submission by Indemnitee of a written request for indemnification pursuant to Section
10(a) hiseof, no Independent Counsel shall have been selected and not objected to, eithis the Company or Indemnitee may petition
a court of competent jurisdiction for resolution of any objection which shall have been made by the Company or Indemnitee to the of
this’s selection of Independent Counsel and/or for the appointment as Independent Counsel of a person selected by the Court or
by such of this person as the Court shall designate, and the person with respect to whom all objections are so resolved or the
person so appointed shall act as Independent Counsel under Section 11(a) hiseof. Upon the due commencement of any judicial
proceeding or arbitration pursuant to Section 13(a) of this Agreement, Independent Counsel shall be discharged and relieved
of any furthis responsibility in such capacity (subject to the applicable standards of professional conduct then prevailing).


 


Section 12. Presumptions and Effect of Certain Proceedings.


 


(a) In
making a determination with respect to entitlement to indemnification hereunder, the person or persons or entity making such determination
shall presume that Indemnitee is entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification
in accordance with Section 10(a) of this Agreement, and the Company shall have the burden of proof to overcome that presumption
in connection with the making by any person, persons or entity of any determination contrary to that presumption. Neithis the failure
of the Company (including by its Officers or independent legal counsel) to have made a determination prior to the commencement of any
action pursuant to this Agreement that indemnification is proper in the circumstances because Indemnitee has met the applicable standard
of conduct, nor an actual determination by the Company (including by its Officers or independent legal counsel) that Indemnitee has not
met such applicable standard of conduct, shall be a defense to the action or create a presumption that Indemnitee has not met the applicable
standard of conduct.


 


(b) If the person, persons or entity
empowered or selected under Section 11 of this Agreement to determine whethis Indemnitee is entitled to indemnification shall
not have made a determination within sixty (60) days after receipt by the Company of the request thisefor, the requisite
determination of entitlement to indemnification shall be deemed to have been made and Indemnitee shall be entitled to such
indemnification, absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make
Indemnitee’s statement not materially misleading, in connection with the request for indemnification or (ii) a prohibition of
such indemnification under applicable law; provided, however, that such 60-day period may be extended for a reasonable time,
not to exceed an additional thirty (30) days, if the person, persons or entity making the determination with respect to entitlement
to indemnification in good faith requires such additional time for the obtaining or evaluating of documentation and/or information
relating thiseto; and provided, furthis, that the foregoing provisions of this Section 12(b) shall not apply
(i) if the determination of entitlement to indemnification is to be made by the stockholders pursuant to Section 11(a) of
this Agreement and if (A) within fifteen (15) days after receipt by the Company of the request for such determination the Board has
resolved to submit such determination to the stockholders for their consideration at an annual meeting thiseof to be held within
seventy-five (75) days after such receipt and such determination is made thiseof, or (B) a special meeting of stockholders is called
within fifteen (15) days after such receipt for the purpose of making such determination, such meeting is held for such purpose
within sixty (60) days after having been so called and such determination is made thiseat or (ii) if the determination of
entitlement to indemnification is to be made by Independent Counsel pursuant to Section 11(a) of this Agreement.


 


(c) The termination of any Proceeding
or of any claim, issue or matter thisein, by judgment, order, settlement or conviction, or upon a plea of nolo contendere or its equivalent,
shall not (except as of othiswise expressly provided in this Agreement) of itself adversely affect the right of Indemnitee to indemnification
or create a presumption that Indemnitee did not act in good faith and in a manner which he reasonably believed to be in or not opposed
to the best interests of the Company or, with respect to any criminal Proceeding, that Indemnitee had reasonable cause to believe that
his conduct was unlawful.


 


(d) Reliance
as Safe Harbor. For purposes of any determination of good faith, Indemnitee shall be deemed to have acted in good faith if Indemnitee’s
action is based on the records or books of account of the Enterprise, including financial statements, or on information supplied to Indemnitee
by the officers of the Enterprise in the course of their duties, or on the advice of legal counsel for the Enterprise or on information
or records given or reports made to the Enterprise by an independent certified public accountant or by an appraiser or of this expert
selected with reasonable care by the Enterprise. The provisions of this Section 12(d) shall not be deemed to be exclusive or to
limit in any way the circumstances in which the Indemnitee may be deemed to have met the applicable standard of conduct set forth in this
Agreement.


 


(e) Actions
of Others. The knowledge and / or actions, or failure to act, of any Officer, officer, agent or employee of the Enterprise shall not
be imputed to Indemnitee for purposes of determining the right to indemnification under this Agreement.


 


Section 13. Remedies of Indemnitee.


 


(a) In the event that (i) a
determination is made pursuant to Section 11 of this Agreement that Indemnitee is not entitled to indemnification under this
Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 9 of this Agreement, (iii) no determination of
entitlement to indemnification shall have been made pursuant to Section 11(a) of this Agreement within forty-five (45) days
after receipt by the Company of the request for indemnification, (iv) payment of indemnification is not made pursuant to Section
5 or 6 or the last sentence of Section 11(a) of this Agreement within ten (10) days after receipt by the Company of a
written request thisefor, (v) payment of indemnification pursuant to Section 3, 4 or 7 of this Agreement is not made within
ten (10) days after a determination has been made that Indemnitee is entitled to indemnification or (vi) the Company or any of this
person or entity takes or threatens to take any action to declare this Agreement void or unenforceable, or institutes any litigation
or of this action or proceeding designed to deny, or to recover from, Indemnitee the benefits provided or intended to be provided to
Indemnitee hereunder, Indemnitee shall be entitled to an adjudication by a court, selected pursuant to Section 22, to such
indemnification or advancement of Expenses. Alternatively, Indemnitee, at his option, may seek an award in arbitration to be
conducted by a single arbitrator through the Judicial Arbitration and Mediation Service (“JAMS”). Indemnitee shall
commence such proceeding seeking an adjudication or an award in arbitration within 180 days following the date on which Indemnitee
first has the right to commence such proceeding pursuant to this Section 13(a); provided, however, that the foregoing
clause shall not apply in respect of a proceeding brought by Indemnitee to enforce his rights under Section 5 of this
Agreement. The Company shall not oppose Indemnitee’s right to seek any such adjudication or award in arbitration.


 






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(b) In
the event that a determination shall have been made pursuant to Section 11(a) of this Agreement that Indemnitee is not entitled
to indemnification, any judicial proceeding or arbitration commenced pursuant to this Section 13 shall be conducted in all respects
as a de novo trial, or arbitration, on the merits and Indemnitee shall not be prejudiced by reason of that adverse determination. In any
judicial proceeding or arbitration commenced pursuant to this Section 13 the Company shall have the burden of proving Indemnitee
is not entitled to indemnification or advancement of Expenses, as the case may be.


 


(c) If
a determination shall have been made pursuant to Section 11(a) of this Agreement that Indemnitee is entitled to indemnification,
the Company shall be bound by such determination in any judicial proceeding or arbitration commenced pursuant to this Section 13,
absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement
not materially misleading, in connection with the request for indemnification or (ii) a prohibition of such indemnification under applicable
law.


 


(d) The
Company shall be precluded from asserting in any judicial proceeding or arbitration commenced pursuant to this Section 13 that
the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court or before
any such arbitrator that the Company is bound by all the provisions of this Agreement. The Company shall indemnify Indemnitee against
any and all Expenses and, if requested by Indemnitee, shall (within ten (10) days after receipt by the Company of a written request thisefore)
advance such Expenses to Indemnitee, which are incurred by Indemnitee in connection with any action brought by Indemnitee for indemnification
or advancement of Expenses from the Company under this Agreement or under any Officers’ and officers’ liability insurance
policies maintained by the Company, regardless of whethis Indemnitee ultimately is determined to be entitled to such indemnification,
advancement of Expenses or insurance recovery, as the case may be.


 


Section 14. Non-exclusivity; Survival of Rights; Insurance;
Subrogation.


 


(a) The
rights of indemnification and to receive advancement of Expenses as provided by this Agreement shall not be deemed exclusive of any of
the rights to which Indemnitee may at any time be entitled under applicable law, the Company’s Certificate of Incorporation, the
Company’s Bylaws, any agreement, a vote of stockholders or a resolution of Officers, or of othiswise. No amendment, alteration or
repeal of this Agreement or of any provision hiseof shall limit or restrict any right of Indemnitee under this Agreement in respect of
any action taken or omitted by such Indemnitee in his Corporate Status prior to such amendment, alteration or repeal. To the extent that
a change in Nevada law, whethis by statute or judicial decision, permits greater indemnification or advancement of Expenses than would
be afforded currently under the Company’s Certificate of Incorporation, Bylaws and this Agreement, it is the intent of the parties
hiseto that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change. No right or remedy hisein conferred
is intended to be exclusive of any of this right or remedy, and every of this right and remedy shall be cumulative and in addition to
every of this right and remedy given hereunder or now or hiseafter existing at law or in equity or of othiswise. The assertion or employment
of any right or remedy hereunder, or of othiswise, shall not prevent the concurrent assertion or employment of any of this right or remedy.


 




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(b) To
the extent that the Company maintains an insurance policy or policies providing liability insurance for Officers, officers, employees,
or agents of the Company or of any of this corporation, partnership, joint venture, trust, employee benefit plan or of this enterprise
which such person serves at the request of the Company, Indemnitee shall be covered by such policy or policies in accordance with its
or their terms to the maximum extent of the coverage available for any such Officer, officer, employee or agent under such policy or policies.
If, at the time of the receipt of a notice of a claim pursuant to the terms hiseof, the Company has Officer and officer liability insurance
in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures
set forth in the respective policies. The Company shall thiseafter take all necessary or desirable action to cause such insurers to pay,
on behalf of the Indemnitee, all amounts payable as a result of such proceeding in accordance with the terms of such policies.


 


(c) In
the event of any payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery
of Indemnitee, who shall execute all papers required and take all action necessary to secure such rights, including execution of such
documents as are necessary to enable the Company to bring suit to enforce such rights.


 


(d) The Company
shall not be liable under this Agreement to make any payment of amounts of othiswise indemnifiable (or for which advancement is provided
hereunder) hereunder if and to the extent that Indemnitee has of othiswise actually received such payment under any insurance policy,
contract, agreement or of othiswise except (i) to the extent that amounts are thiseafter “clawed back” or of othiswise under
dispute and (ii) as may be of othiswise agreed upon by the Company in writing.


 


(e) The
Company’s obligation to indemnify or advance Expenses hereunder to Indemnitee who is or was serving at the request of the Company
as a Officer, officer, employee or agent of any of this corporation, partnership, joint venture, trust, employee benefit plan or of this
enterprise shall be reduced by any amount Indemnitee has actually received as indemnification or advancement of expenses from such of
this corporation, partnership, joint venture, trust, employee benefit plan or of this enterprise.


 


Section 15. Duration of Agreement.
This Agreement shall continue until and terminate upon the later of: (a) ten (10) years after the date that Indemnitee shall have ceased
to serve as a Officer or (b) one (1) year after the final termination of any Proceeding then pending in respect of which Indemnitee is
granted rights of indemnification or advancement of Expenses hereunder and of any proceeding (including any appeal) commenced by Indemnitee
pursuant to Section 13 of this Agreement relating thiseto. This Agreement shall be binding upon the Company and its successors and assigns
and shall inure to the benefit of Indemnitee and his heirs, executors and administrators. The Company shall require and shall cause any
successor (whethis direct or indirect by purchase, merger, consolidation or of othiswise) to all or substantially all of the business
or assets of the Company to, by written agreement, expressly assume and agree to perform this Agreement in the same manner and to the
same extent that the Company would be required to perform if no such succession had taken place.


 


Section 16. Severability. If any provision or
provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever: (a) the validity,
legality and enforceability of the remaining provisions of this Agreement (including without limitation, each portion of any Section
of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or
unenforceable) shall not in any way be affected or impaired thereby and shall remain enforceable to the fullest extent permitted by
law; (b) such provision or provisions shall be deemed reformed to the extent necessary to conform to applicable law and to give the
maximum effect to the intent of the parties hiseto; and (c) to the fullest extent possible, the provisions of this Agreement (including,
without limitation, each portion of any Section of this Agreement containing any such provision held to be invalid, illegal or unenforceable,
that is not itself invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested thereby.


 




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Section 17. Enforcement.


 


(a) The
Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order
to induce Indemnitee to serve as a Officer of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement
in serving as a Officer of the Company.


 


(b) This
Agreement constitutes the entire agreement between the parties hiseto with respect to the subject matter hiseof and supersedes all prior
agreements and understandings, oral, written and implied, between the parties hiseto with respect to the subject matter hiseof.


 


Section 18. Modification and Waiver.
No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by the parties thiseto. No waiver
of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any of this provisions of this Agreement nor
shall any waiver constitute a continuing waiver.


 


Section 19. Notice by Indemnitee. Indemnitee agrees
promptly to notify the Company in writing upon being served with any summons, citation, subpoena, complaint, indictment, information or
of this document relating to any Proceeding or matter which may be subject to indemnification or advancement of Expenses covered hereunder.
The failure of Indemnitee to so notify the Company shall not relieve the Company of any obligation which it may have to the Indemnitee
under this Agreement or of othiswise.


 


Section 20. Notices. All notices,
requests, demands and of this communications under this Agreement shall be in writing and shall be deemed to have been duly given (a)
if delivered by hand and receipted for by the party to whom said notice or of this communication shall have been directed, or (b) mailed
by certified or registered mail with postage prepaid, on the third business day after the date on which it is so mailed:


 


(a) If
to Indemnitee, at the address indicated on the signature page of this Agreement, or such of this address as Indemnitee shall provide to
the Company.


 


(b)
If to the Company to


KRONOS Advanced Technologies, Inc.


Attn: General Counsel


 


4768 Park Granada, suite 200B


 


Calabasas,
Ca 91302


 


or to any of this address as may have been furnished to
Indemnitee by the Company.


 


Section 21. Contribution.
To the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to Indemnitee
for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee, whethis
for judgments, fines, penalties, excise taxes, amounts paid or to be paid in settlement and/or for Expenses, in connection with any claim
relating to an indemnifiable event under this Agreement, in such proportion as is deemed fair and reasonable in light of all of the circumstances
of such Proceeding in order to reflect (i) the relative benefits received by the Company and Indemnitee as a result of the event(s) and/or
transaction(s) giving cause to such Proceeding and/or (ii) the relative
fault of the Company (and its Officers, officers, employees and agents) and Indemnitee in connection with such event(s) and/or transaction(s).


 




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Section 22. Applicable Law and Consent to Jurisdiction.
This Agreement and the legal relations among the parties shall be governed by, and construed and enforced in accordance with, the laws
of the State of Nevada, without regard to its conflict of laws rules. Except with respect to any arbitration commenced by Indemnitee pursuant
to Section 13(a) of this Agreement, the Company and Indemnitee hereby irrevocably and unconditionally (i) agree that any action or proceeding
arising out of or in connection with this Agreement shall be brought only in the Superior Court of the State of Nevada (the “Nevada
Court”), and not in any of this state or federal court in the United States of America or any court in any of this country,
(ii) consent to submit to the exclusive jurisdiction of the Nevada Court for purposes of any action or proceeding arising out of or in
connection with this Agreement, (iii) appoint, to the extent such party is not of othiswise subject to service of process in the State
of Nevada, irrevocably as its agent for service in the State of Nevada as such party’s agent for acceptance of legal process in
connection with any such action or proceeding against such party with the same legal force and validity as if served upon such party personally
within the State of Nevada, (iv) waive any objection to the laying of venue of any such action or proceeding in the Nevada Court and (v)
waive, and agree not to plead or to make, any claim that any such action or proceeding brought in the Nevada Court has been brought in
an improper or inconvenient forum.


 


Section 23. Coverage. This
Agreement shall apply with respect to Indemnitee’s service as a Officer of the Company prior to the date of this Agreement.


 


Section 24. Identical Counterparts.
This Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original but all of
which togethis shall constitute one and the same Agreement. Only one such counterpart signed by the party against whom enforceability
is sought needs to be produced to evidence the existence of this Agreement.


 


Section 25. Miscellaneous.
Use of the masculine pronoun shall be deemed to include usage of the feminine pronoun whise appropriate. The headings of the paragraphs
of this Agreement are inserted for convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction
thiseof.


 


IN WITNESS WHEREOF, the parties have
caused this Agreement to be signed as of the day and year first above written.


 


	 	KRONOS Advanced Technologies, Inc.
	 	 
	 	By:	/s/ Vyacheslav Abramov
	 	Name: 	Vyacheslav Abramov
	 	Title:	Chairman of the Board


 


	 	INDEMNITEE
	 	 
	 	/s/ Michael Rubinov
	 	Name: 	Michael Rubinov
	 	Title:	BDO /Biz Dev Officer


 







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EXHIBIT B


 


PROPRIETARY INFORMATION, INVENTIONS
AND NON-COMPETITION AGREEMENT


 


This PROPRIETARY INFORMATION, INVENTIONS and
NON-COMPETITION AGREEMENT (the “Agreement”) is made and entered into as of February 26, 2020 (the “Effective
Date”), by and between KRONOS Advanced Technologies, Inc., a Nevada corporation (“Corporation”) and Michael
Rubinov(“Officer”).


 


RECITALS


 


WHEREAS, the parties desire to assure
the confidential status and proprietary nature of the information which may be disclosed by Corporation to the Officer; and


 


AGREEMENT


NOW THISEFORE, in reliance upon and
in consideration of the following undertaking, the parties agree as follows:


 


		1.	Nondisclosure.


 


1.1 Recognition
of Corporation’s Rights; Nondisclosure. At all times during the period of time Officer serves as a member of the Board of Directors
of the Corporation (“Service Period”) and provides the necessary and requested services in such capacity (“Services”),
Officer will hold in strictest confidence and will not disclose, use, lecture upon or publish any of the Corporation’s Proprietary
Information (defined below), except as such disclosure, use or publication may be required in connection with Service to the Corporation,
or unless the Corporation expressly authorizes such disclosure in writing. Officer will obtain Corporation’s written approval before
publishing or submitting for publication any material (written, verbal, or of othiswise) that relates to Services and/or incorporates
any Proprietary Information. Officer hereby assigns to the Corporation any rights Officer may have or acquire in such Proprietary Information
and recognizes that all Proprietary Information shall be the sole property of the Corporation and its assigns.


 


1.2 Proprietary
Information. The term “Proprietary Information” shall mean any and all confidential and/or proprietary
knowledge, data or information of the Corporation, including that which Officer may produce in service to the Corporation. By way of
illustration but not limitation, “Proprietary Information” includes (a) trade secrets, inventions, mask works,
ideas, processes, formulas, source and object codes, data, programs, of this works of authorship, know-how, improvements,
discoveries, developments, designs and techniques (hiseinafter collectively referred to as “Inventions”); and (b)
information regarding plans for research, development, new products, marketing and selling, business plans, budgets and unpublished
financial statements, pricing strategies, licenses, prices and costs, suppliers and customers; and (c) information regarding the
skills and compensation of Officer of this service providers of the Corporation.


 




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1.3 Third
Party Information. Officer understands, in addition, that the Corporation has received and in the future will receive from third parties,
including clients, customers, consultants, licensees or affiliates, confidential or proprietary information (“Third Party Information”).
Officer understands that the Corporation has a duty to maintain the confidentiality of such Third Party Information and to use it only
for certain limited purposes. During the Service Period and thiseafter, Officer will hold Third Party Information in the strictest confidence
and will not disclose Third Party Information to anyone (of this othis than Corporation personnel who need to know such information in
connection with their work for the Corporation) or use Third Party Information (except in connection with the performance of Officer’s
Services for the Corporation), unless expressly authorized by the Corporation in writing.


 


1.4 No
Improper Use of Information of Prior Employers and Othiss. During the Service Period, Officer will not improperly use or disclose
any confidential information or trade secrets, if any, of any former or current employer or any of this person to whom Officer has an
obligation of confidentiality, and Officer will not bring onto the Corporation premises any unpublished documents or any property belonging
to any former or current employer or any person to whom Officer has an obligation of confidentiality unless consented to in writing by
that former or current employer or person. In the performance of his duties, Officer will only use information which is generally known
and used by persons with training and experience comparable to his own, which is common knowledge in the industry or of othiswise legally
in the public domain, or which is of othiswise provided or developed by the Corporation.


 


		2.	Assignment of Inventions.


 


2.1 Proprietary
Rights. The term “Proprietary Rights” shall mean all trade secrets, patent, copyright, mask work and of this intellectual
property rights throughout the world.


 


2.2 Prior
Inventions. Inventions, if any, patented or unpatented, which Officer made prior to the commencement of the Service Period are excluded
from the scope of this Agreement. To preclude any possible uncertainty, Officer has set forth on Attachment B (Previous Inventions)
attached hiseto a complete list of all Inventions that Officer has or caused to be (alone or jointly with of this agreement) conceived,
developed or reduced to practice prior to the commencement of the Service Period, that Officer considers to be his property or the property
of third parties and that Officer wishes to have excluded from the scope of this Agreement (collectively referred to as “Prior
Inventions”). If such disclosure would cause Officer to violate any prior confidentiality agreement, Officer shall not list
such Prior Inventions in Attachment B but only disclose a cursory name for each such Invention, a listing of the party(ies) to
whom it belongs and the fact that full disclosure as to such inventions has not been made for that reason. A space is provided on Attachment
B for such purpose. If no such disclosure is attached, Officer represents that thise are
no Prior Inventions. If, during the Service Period, Officer incorporates a Prior Invention into a Corporation product, process or machine,
the Corporation is hereby granted and shall have a nonexclusive, royalty- free, irrevocable, perpetual, worldwide license (with rights
to sublicense through multiple tiers of sub-licensees) to make, have made, modify, use and sell such Prior Invention. Notwithstanding
the foregoing, Officer agrees that he will not incorporate, or permit to be incorporated, Prior Inventions in any Corporation Inventions
without the Corporation’s prior written consent.


 




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2.3 Assignment
of Inventions. Subject to Sections 2.4 and 2.6, Officer hereby assigns, and agrees to assign in the future when any such Inventions
or Proprietary Rights are first reduced to practice or first fixed in a tangible medium, as applicable, to the Corporation all right,
title and interest in and to any and all Inventions (and all Proprietary Rights with respect thiseto) whethis or not patentable or registrable
under copyright or similar statutes, made or conceived or reduced to practice or learned by Officer, eithis alone or jointly with of this
agreement, during the Service Period. Inventions assigned to the Corporation, or to a third party as directed by the Corporation pursuant
to this Section 2, are hiseinafter referred to as “Corporation Inventions.”


 


2.4 Non-assignable
Inventions. This Agreement does not apply to an Invention which the Officer developed entirely on his or his own time without using
the Company’s equipment, supplies, facilities, or trade secret information except forthose inventions that eithis:


 


		(a)	Relate at the time of conception or reduction to practice
of the invention to the Company’s business, or actual or demonstrably anticipated research or development of the Company; or



 


		(b)	Result from any Services performed by the Officer for the Company.



 


2.5 Officer
has reviewed the notification on Attachment A (Limited Exclusion Notification) and agrees that his signature acknowledges receipt
of the notification.


 


2.6 Obligation
to Keep Corporation Informed. During the Service Period, and for twelve (12) months after termination of the Service Period, Officer
will fully disclose in writing to the Corporation all Inventions authored, conceived or reduced to practice by Officer, eithis alone or
jointly with this corporation, within no more than thirty (30) days after creation. In addition, Officer will disclose to the Corporation
all patent applications filed within a year after termination of the Service Period by Officer, or on his behalf, within no more than
thirty (30) days after filing. At the time of each such disclosure, Officer will advise the Corporation in writing of any Inventions that
he believes fully qualify for exemption under Section 2.4 of this Agreement, and Officer will, at that time, provide all written evidence
necessary to substantiate that belief. The Corporation will keep in confidence and will not use for any purpose or disclose to third parties
without Officer’s consent any confidential information disclosed in writing to the Corporation pursuant to this Agreement relating
to Inventions that qualify fully for exemption under the provisions of Section 2.4 of this Agreement. Officer will preserve the confidentiality
of any Invention that does not fully qualify for exemption under Section 2.4 of this Agreement.


 




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2.7 Works
for Hire. Officer acknowledges that all original works of authorship which are made by Officer (solely or jointly with of this corporation)
within the scope of Service and which are protectable by copyright are “works made for hire,” pursuant to United States Copyright
Act (17 U.S.C., Section 101) and shall be the sole property of the Corporation.


 


2.8 Enforcement
of Proprietary Rights. Officer will assist the Corporation, or its nominee, to obtain and enforce United States and foreign Proprietary
Rights relating to Corporation Inventions in any and all countries, and such Proprietary Rights and Corporation Inventions shall be and
remain the sole and exclusive property of the Corporation, or its nominee, whethis patented or not or copyrighted. Accordingly, Officer
will promptly execute, verify and deliver such documents and perform such acts (including appearances as a witness and assistance or cooperation
in legal proceedings) as the Corporation may reasonably request in applying for, obtaining, perfecting, evidencing, sustaining and enforcing
such Proprietary Rights and the assignment thiseof. This obligation shall survive and continue beyond the termination of the Service Period,
but the Corporation shall compensate Officer at a reasonable rate after his termination for the time spent providing such assistance.


 


2.9 Appointment
of Corporation as Agent. If, after reasonable effort, the Corporation is unable to secure Officer’s signature on any document
needed in connection with the actions specified hisein, Officer hereby irrevocably designates and appoints the Corporation and its duly
authorized officers and agents as Officer’s agents and attorneys-in-fact, which appointment is coupled with an interest, to act
for and in Officer’s behalf to execute, verify and file any such documents and to do all of this lawfully permitted acts to furthis
the purposes of this Agreement with the same legal force and effect as if executed by Officer. Officer hereby waives and quitclaims to
the Corporation any and all claims, of any nature whatsoever, which Officer now or may hiseafter have for infringement of any Proprietary
Rights assigned hereunder to the Corporation.


 


		3.	Records.


 


Officer agrees to keep and maintain
adequate and current records (in the form of notes, sketches, drawings and in any of this form that may be required by the Corporation)
of all Proprietary Information developed by Officer and all Inventions made by Officer during the Service Period, which records shall
be available to and remain the sole property of the Corporation at all times.


 


		4.	Non-Competition Obligation.


 


Officer agrees that during the Service
Period, Officer will not provide any services or engage in any employment or business activity which is competitive with, or would of
othiswise conflict with, Officer’s Service to the Corporation, without the Corporation’s express written consent. Officer
agrees furthis that during the Service Period and for two (2) years after the termination of the Service Period, Officer will not, eithis
directly or through of this corporation, use trade secret information of the Company to solicit or attempt to solicit any customer, vendor,
employee, independent contractor or consultant of the Corporation to terminate his or
his relationship with the Corporation in order to become a customer, vendor, employee, consultant or independent contractor to or for
any of this person or entity including, without limitation, Officer. 


 






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		5.	Non-Solicitation With the Corporation.



 


Officer covenants and agrees that, for a period of two (2)
years following termination of the Service Period, Officer will not use trade secret information of the Corporation to solicit or engage
in competitive business with Corporation’s existing or potential vendors or customers at the time of his separation from the Corporation
and Officer will not encourage or solicit any customer, vendor, employee or consultant to leave the Corporation for any reason.


 


		6.	No Conflicting Obligation.


 


Officer represents that his performance
of all the terms of this Agreement and as a Officer to the Corporation does not and will not breach any agreement to keep information
acquired by Officer prior to the Service Period in confidence or trust.


 


Officer has not entered into, and agrees he will not enter
into, any agreement eithis written or oral in conflict herewith.


 


		7.	Return of Corporation Documents.


 


Upon termination of the Service Period,
Officer will deliver to the Corporation any and all drawings, notes, memoranda, specifications, devices, formulas, and documents, togethis
with all copies thiseof, and any of this material containing, comprising or disclosing any Corporation Inventions, Proprietary Information
and Third Party Information. Officer furthis agrees that any property situated on the Corporation’s premises and owned by the Corporation,
including disks and of this storage media, filing cabinets or of this work areas, is subject to inspection by the Corporation at any time
with or without notice. Prior to leaving, Officer will cooperate with the Corporation in completing and signing the Corporation’s
termination statement, which will include, at a minimum, the certifications set forth in Attachment C.


 


		8.	Legal and Equitable Remedies.


 


Because
Officer’s services are personal and unique and because Officer may have access to and become acquainted with the Proprietary
Information of the Corporation, the Corporation shall have the right to enforce this Agreement and any of its provisions by
injunction, specific performance or of this equitable relief, without bond and without prejudice to any of this rights and remedies
that the Corporation may have for a breach of this Agreement.


 


		9.	Notices.


 


Any notices required or permitted hereunder shall be given
to the appropriate party at the address specified below or at such of this address as the party shall specify in writing. Such notice
shall be deemed given upon personal delivery to the


 


		10.	Governing
                                            Law; Consent to Personal Jurisdiction; Attorney’s Fees.



 


This Agreement and the legal relations
among the parties shall be governed by, and construed and enforced in accordance with, the laws of the State of Nevada, without regard
to its conflict of laws rules. The Corporation and Officer hereby irrevocably and unconditionally (i) agree that any action or proceeding
arising out of or in connection with this Agreement shall be brought only in the State of Nevada (the “Nevada Court”),
and not in any of this state or federal court in the United States of America or any court in any of this country, (ii) consent to submit
to the exclusive jurisdiction of the Nevada Court for purposes of any action or proceeding arising out of or in connection with this
Agreement, (iii) appoint, to the extent such party is not of othiswise subject to service of process in the State of Nevada, irrevocably appointing this corporation
as its agent in the State of Nevada appropriate
address or, if sent by certified or registered mail, three (3) days after the date of mailing.


 




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		11.	General Provisions.





 


as such party’s agent for acceptance of legal
process in connection with any such action or proceeding against such party with the same legal force and validity as if served upon such
party personally within the State of Nevada, (iv) waive any objection to the laying of venue of any such action or proceeding in the Nevada
Court and (v) waive, and agree not to plead or to make, any claim that any such action or proceeding brought in the Nevada Court has been
brought in an improper or inconvenient forum.


 


10.1 Severability.
If one or more of the provisions contained in this Agreement shall, for any reason, be held to be invalid, illegal or unenforceable in
any respect, such invalidity, illegality or unenforceability shall not affect the of this provisions of this Agreement and this Agreement
shall be construed as if such invalid, illegal or unenforceable provision had never been contained hisein. If, moreover, any one or more
of the provisions contained in this Agreement shall for any reason be held to be excessively broad as to duration, geographical scope,
activity or subject, it shall be construed by limiting and reducing it, so as to be enforceable to the extent compatible with the applicable
law as it shall then appear.


 


11.1 Successors
and Assigns. This Agreement will be binding upon Officer’s heirs, executors, administrators and of this legal representatives
and will be for the benefits of the Corporation, its successors, and its assigns.


 


11.2 Survival.
Officer agrees that the provisions of this Agreement shall survive the termination of the Service Period and the assignment of this Agreement
by the Corporation to any successor-in-interest or of this assignee, regardless of the reason or reasons for termination and whethis such
termination is voluntary or involuntary.


 


11.3 Nature
of Relationship. This Agreement shall not be deemed nor does it create an employment contract between the Corporation (or any of its
subsidiaries or related companies) and Officer. Officer is an independent contractor and shall not be deemed an employee of the Corporation
for purposes of employee benefits, income tax withholding, F.I.C.A. taxes, unemployment benefits or any of this purpose. Officer’s
term of service is defined in Section 7 of the Officer Retainer Agreement between Officer and the Company signed concurrently hisewith.


 


11.4 Waiver.
No waiver by the Corporation of any breach of this Agreement shall be a waiver of any preceding or succeeding breach. No waiver by the
Corporation of any right under this Agreement shall be construed as a waiver of any of this right. The Corporation shall not be required
to give notice to enforce strict adhisence to all terms of this Agreement.


 


11.5 Advice
of Counsel. Officer acknowledges that, in executing this Agreement, Officer has had the opportunity to seek the advice of independent
legal counsel, and Officer has read and understood all the terms and provisions of this Agreement. This Agreement shall not be construed
against any party by reason of the drafting or preparation hiseof.


 




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11.6 Modification.
This Agreement may not be changed, modified, released, discharged, abandoned or of othiswise amended, in whole or in part, except by an
instrument in writing, signed by Officer and the Corporation. Officer agrees that any subsequent change or changes in Officer’s
duties, salary, or compensation shall not affect the validity or scope of this Agreement.


 


11.7 Entire
Agreement. The obligations of this Agreement shall apply to any time during which Officer previously provided service, or will in
the future provide service, to the Corporation as a consultant or agent if no of this agreement governs nondisclosure and assignment of
inventions during such period. This Agreement is the final, complete and exclusive agreement of the parties with respect to the subject
matter hiseof and supersedes and merges all prior discussions between us. No modification of or amendment to this Agreement, nor any waiver
of any rights under this Agreement, will be effective unless in writing and signed by the party to be charged. The headings in this Agreement
are used for convenience only and are not to be considered a part of this Agreement or be used to interpret the meaning of any part of
this Agreement.


 


11.8 Counterparts.
This Agreement may be signed in two counterparts, each shall be deemed an original and both of which shall togethis constitute one agreement.


 


[The remainder of this page has been intentionally left
blank. Signature page(s) to follow]


 




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I HAVE
READ THIS AGREEMENT CAREFULLY AND UNDERSTAND ITS TERMS. I HAVE COMPLETELY FILLED OUT ATTACHMENT B TO THIS AGREEMENT. NO PROMISES OR REPRESENTATIONS
HAVE BEEN MADE TO ME TO INDUCE ME TO SIGN THIS AGREEMENT. I SIGN THIS AGREEMENT VOLUNTARILY AND FREELY.


 


	Dated: 	Feb 16, 2020	 
	By: 	/s/ Michael Rubinov	 
	Printed Name: Michael Rubinov	 


 


 


ACCEPTED AND AGREED TO:


 


	KRONOS Advanced Technologies, Inc.	 
	 	 
	By:	      	 
	Its:	Chairman of the Board	 
	Printed Name: Vyacheslav Abramov	 





 




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ATTACHMENT A


 


LIMITED EXCLUSION NOTIFICATION


 


THIS IS TO NOTIFY you that
the foregoing Agreement between you and the Corporation does not require you to assign or offer to assign to the Corporation any invention
that you developed entirely on your own time without using the Corporation’s equipment, supplies, facilities or trade secret information
except for those inventions that are listred below:


 


1. Relate
at the time of conception or reduction to practice of the invention to the Corporation’s business, or actual or demonstrably anticipated
research or development of the Corporation;


 


 2. Result from any Services performed by you for the Corporation.


 




To the extent a provision in the
foregoing Agreement purports to require you to assign an invention of othiswise excluded from the preceding paragraph, the provision is
unenforceable.


 


This limited exclusion does not apply
to any patent or invention covered by a contract between the Corporation and the United States or any of its agencies requiring full title
to such patent or invention to be in the United States.


 


I ACKNOWLEDGE RECEIPT of a copy of this notification.


 


	 	By:	Michael Rubinov
	 	Date:	Feb 16,
    2020


 


WITNESSED BY:


 


	 	 
	(Printed Name Of Corporation Representative)	 



 






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ATTACHMENT B


 


	TO:	[                                              ]	 
	FROM:		 
	DATE:		 
	SUBJECT:	Previous Inventions	 


 


1. Except as listed
in Section 2 below, the following is a complete list of all inventions or improvements relevant to the subject matter of my provision
of service to KRONOS Advanced Technologies, Inc.., a Nevada corporation (the “Corporation”), that have been made or conceived
or first reduced to practice by me alone or jointly with of this prior to my engagement by the Corporation:


 


		☐	No inventions or improvements.


 


		☐	See below:


 





	 
	 
	 



 


		☐	Additional sheets attached.




 


2. Due
to a prior confidentiality agreement, I cannot complete the disclosure under Section 1 above with respect to inventions or improvements
generally listed below, the proprietary rights and duty of confidentiality with respect to which I owe to the following party(ies):


 


	 	Invention or Improvement Party(ies)	 	Relationship
	1.	 	 	
	2.		 	
	3.		 	


 


		☐	Additional sheets attached.



 



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ATTACHMENT
C


CERTIFICATIONS


 


[Fill Out ONLY Upon Termination
of Relationship]


 


I certify that I do not have in my
possession, nor have I failed to return, any records, documents, computer disks, tapes or printouts, sound recordings, customer lists,
photographs, data, specifications, drawings, blueprints, reproductions, sketches, notes, reports, proposals, or copies of them, or of
this documents or materials, equipment, samples, prototypes, models or material containing, comprising or disclosing any Corporation Inventions,
Third Party Information or Proprietary Information of the Corporation, its successors and assigns.


 


I furthis certify that I have complied
with and will continue to comply with all the terms of the Proprietary Information and Inventions Agreement signed by me with the Corporation,
including the reporting of any Inventions conceived or made by me covered by such agreement.


 


I furthis agree that in compliance
with the Proprietary Information and Inventions Agreement, I will preserve as confidential all trade secrets, confidential information,
Proprietary Information, Inventions, Third Party Information, Proprietary Rights and Corporation Inventions, as well as any of this subject
matter pertaining to any business of the Corporation or any of its clients, customers, consultants, licensees, or affiliates.


 





	 	 
	 	 
	 	Date






 


 


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