Exhibit
10.18


 


	NUTRIBAND INC.

                                              (NTRB)







                                              EXECUTIVE
		EMPLOYMENT
		AGREEMENT	 




 


THIS
AGREEMENT made effective as of January 1st 2018


 


	BETWEEN:	 NUTRIBAND INC.
	 	309 Celtic Ct, Oviedo 

FL, 32765
	 	(Corporation)
	 	 
	 	And,
	 	 
	 	SEAN GALLAGHER
	 	18 Priory Avenue, Eden Gate, Delgany, County Wicklow,
	 	A63 FR63, Ireland
	 	(Executive)




 


WHEREAS:


 


		A.	The
                                         Corporation is in the business of transdermal technology in relation to drugs, diagnostics,
                                         research and development



 


		B.	The
                                         Executive is being hired by the Corporation to serve as President of the Corporation



 


		C.	The
                                         Corporation wishes to retain the services of the Executive as President of the Corporation
                                         and the Executive has agreed to accept such employment, subject to the terms, conditions
                                         and covenants herein provided.



 


NOW
THEREFORE, in consideration of the mutual covenants herein contained and for other good and valuable consideration (the receipt
and sufficiency is hereby acknowledged), the Corporation and the Executive hereby agree as follows:


 


		1.	Employment
                                         of Executive: The Corporation hereby employs the Executive as president of the Corporation,
                                         and the Executive agrees to be so employed on the terms and conditions hereinafter set
                                         forth.



 


		2.	Term:
                                         The term of employment of the Executive with the Corporation will be ‘ongoing'
                                         commencing on January 01 2018 (the ‘Effective Date’) subject to the terms
                                         of this agreement.



 




     


     


    


 


		3.	Duties:
                                         The responsibilities, duties and authority of the Executive employee shall be those
                                         of the President of the Corporation and such responsibilities, duties and authority normally
                                         exercised by such office. Duties will be provided specifically in the area of Business
                                         Development, Strategic development and proposals, leadership services and finance relations.
                                         The services shall be provided at the Corporation’s place of business, off site,
                                         or both, as the parties may agree on from time to time. The Executive will report to
                                         the Board of Directors of the Corporation and will work alongside the CEO in the development
                                         of the Company.



 


		4.	Board
                                         Membership: The Executive will receive one voting seat on the Executive Board of
                                         Directors following the completion of this agreement. The duties associated with such
                                         a position will require 4 Board meetings per year, governmental input, voting rights
                                         and required availability for signature on material events of the Corporation.



 


		5.	Board Remuneration: Executive Board
                                                                                                                                                                   Membership compensation will be to the value of $60,000 paid solely in stock for 2018 and from 2019 onwards will have a
                                                                                                                                                                   stock, cash or stock plus cash option.



 


		6.	Shareholding:
                                         Mr. Gallagher will receive 100,000 common restricted shares in Nutriband Inc to be
                                         allocated as follows:



 


		a.	50,000
                                         shares upon agreement to serve as President of Nutriband Inc.



 


		b.	Remaining
                                         50,000 to be allocated after full time commitment can be made in the position of President.



 


		7.	Termination:
                                         This employment contract may be terminated for any of the following reasons



 


		a.	Company
                                         Misrepresentation



 


		b.	Illegal
                                         Activity



 


		c.	Non
                                         performance of duties noted in point 3



 


		d.	Mutual
                                         Consent



 


		8.	Time
                                         Committment and compensation: Once in a position to fulfil a full time commitment
                                         in the role of President of Nutriband, Mr Gallagher will be entitled to an executive
                                         salary in line with executive management at the time of committment. Mr. Gallaghe will
                                         also receive an additional 50,000 shares bringing total shareholding to 100,000 shares.
                                         Mr. Gallagher may also exercise an option to purchase additional shares up to 500,000
                                         shares at a 30% discount to market value for a period of 18 months.



 


Note:
It is agreed that Executive will not provide full time commitment in the role until the company has filed for a NASDAQ up-listing
or until time commitments elsewhere have reduced or until mutually agreeable.


 




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