EMPLOYMENT
AGREEMENT


 


This
Employment Agreement (the “Agreement”) is entered into as of April 19th, 2016 (the “Effective
Date”) by and between Quest Solution, Inc., a Delaware corporation (the “Company”), and
Joey Trombino, an individual (the “Executive”).


 


1.
Duties and Responsibilities.


 


1.1
Position. Executive shall serve as the Company’s Chief Financial Officer, with such duties as are customarily associated
with the position of a Chief Financial Officer for a public company. Notwithstanding the foregoing, Executive shall report to
and perform the specific duties and responsibilities assigned to him by the Company’s Chief Executive Officer (CEO).


 


1.2
Efforts; Other Activities. Executive agrees to devote his best efforts, attention and energies to advance the business
and welfare of the Company, to render his services under this Agreement, on a full-time basis, fully, faithfully, diligently,
competently and to the best of his ability. Nothing in this Agreement shall preclude Executive from conducting other business
or holding official positions or directorships in other entities, the activities of which do not create a conflict of interest
with the Company so long as such activities do not interfere with the performance of Executive’s duties to the Company.


 


1.3
Location; Travel. Executive shall be based at the Company’s Canadian corporate office in Montreal, Quebec, but Executive
will be required to travel on a regular basis to other geographic locations in connection with the performance of his executive
duties.


 


2.
Agreement Term. Except as otherwise provided for herein, the initial term of employment by Executive shall commence on
the Effective Date and continue for a period of two (2) years (the “Initial Term”), and automatically
renew for successive additional one (1) year periods thereafter (each, a “Renewal Term”) (collectively,
the “Term”), unless either party provides the other party with notice of termination no later than sixty
(60) days before the end of the then-current Term. The parties agree that the Executive’s employment with the Company during
the Term may, notwithstanding the provisions of this Agreement, be terminated by either Executive or the Company at any time,
for any or no reason, with or without Cause (as defined below), and pursuant to the terms provided below.


 


3.
Compensation and Benefits.


 


3.1
Base Salary. Executive’s initial base salary shall be One Hundred Eighty Thousand (C$180,000) (CAD) per year (less
applicable withholdings), which shall be payable in accordance with the Company’s standard payroll schedule (but in no event
less frequent than on a monthly basis), together with such increases as may be approved by the Company’s Compensation Committee
and Board of Director’s from time to time in its sole discretion. Such annual Base salary as increased from time to time
shall be referred to herein as the “Base Salary.”


 






    	 	 	 



    	 



    

 


3.2
Bonus.


 


(a)
Sign-On Bonus. Executive shall be eligible to receive a one-time signing bonus of 100,000 shares of the Company’s
restricted common stock (the “Restricted Stock”), which shall vest on the one (1) year anniversary of
the Effective Date of this Agreement.


 


(b)
Performance Bonus. Executive shall receive up to 30% of his base salary as a performance bonus at the end of the Company’s
fiscal year 2016 based on measurable objectives mutually established between the CEO and CFO and approved by the Compensation
Committee of the Board of Directors within sixty days of employment. Payout of bonus will be determined by CEO and confirmed by
the Compensation Committee of the Board prior to payout.


 


3.3
Paid Time Off. Executive shall receive four (4) weeks of paid time off (“PTO”) per calendar year,
which amount shall accrue in accordance with and subject to any caps on accrual established by the Company’s vacation policy
in effect from time to time for employees of the Company. In addition, Executive shall be entitled to paid time off for all holidays
provided under the Company’s regular holiday schedule.


 


3.4
Group Benefit Plans; Individual Insurance. Executive shall, throughout the Employment Period, be eligible to participate
in all of the group term life insurance plans, group health plans, accidental death and dismemberment plans, short-term disability
programs, retirement plans, profit sharing plans or other plans (for which Executive qualifies) that are available to the executive
officers of the Company as provided under the terms of such plans. Notwithstanding the foregoing, during the Employment Period,
the Company shall also pay the premiums for Executive’s existing long-term disability plan with AICPA, but may replace such
plan in the future with a similar long-term disability plan, with Executive’s consent. With respect to any of the foregoing
benefits, Executive may elect to receive the cash value of the premiums the Company would otherwise pay as additional compensation.


 


3.5
Withholdings. The Company shall deduct and withhold from any compensation payable to Executive hereunder (including but
not limited to, any payments or benefits under this Section 3 and any payments or benefits under Section 5), any and all applicable
Federal and Provincial income and employment withholding taxes and any other amounts the Company determines are required to be
deducted or withheld by the Company under applicable statutes, regulations, ordinances or orders governing or requiring the withholding
or deduction of amounts otherwise payable as compensation or wages to employees.


 


4.
Expense Reimbursement. During the Employment Period, Executive shall be entitled, in accordance with the reimbursement
policies in effect from time to time, to receive reimbursement from the Company for reasonable business expenses incurred by Executive
in the performance of Executive’s duties hereunder, provided Executive furnishes the Company with vouchers, receipts and
other details of such expenses in the form required by the Company sufficient to substantiate a deduction for such business expenses
under all applicable rules and regulations of federal and state taxing authorities.


 






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5.
Termination of Employment. During the Employment Period, the Executive’s employment with the Company shall be at-will
and may be terminated by either the Company or Executive at any time, and for any reason, subject to the provisions of this paragraph.
Upon such termination, Executive (or, in the case of Executive’s death, Executive’s estate and beneficiaries) shall
have no further rights to any other compensation or benefits from the Company on or after the termination of employment except
as follows:


 


5.1
Separation Benefits. In the event the Company terminates Executive’s employment with the Company prior to the expiration
of the Employment Period for any reason or in the event the Executive resigns from the Company voluntarily, then the Company shall
pay to Executive the following: (i) Executive’s unpaid Base Salary that has been earned through the termination date of
Executive’s employment (the “Termination Date”); (ii) Executive’s accrued but unused vacation;
(iii) any accrued but unpaid expenses pursuant to Section 4 above, (iv) such vested accrued benefits, and other benefits and/or
payments, if any, as to which the Executive (and his eligible dependents) may be entitled under, and in accordance with the terms
and conditions of, the employee benefit arrangements, plans and programs of the Company as of the Termination Date, but not including
any severance pay plan; and (v) any other payments as may be required under applicable law. The benefits provided under subsections
(i) through (v) of this Section 5.1 are collectively referred to as the “Separation Benefits.”


 


5.2
Termination without Cause or Resignation for Good Reason.


 


(a)
Termination Benefits. In the event the Executive voluntarily resigns for Good Reason (as defined below) or the Company
terminates Executive’s employment for any reason other than for Cause (as defined below), then the Company shall pay to
the Executive the following compensation and benefits (the “Termination Benefits”), subject to the conditions
set forth in Section 6, which Termination Benefits shall be in addition to the Separation Benefits set forth in Section 5.1:


 


(i)
Severance Payment. Payout of severance would be according to the following schedule: no severance payment would be due
if termination occurs within the first ninety (90) days of employment; a lump sum payment equal to three months of salary at the
rate in effect on the Termination Date if termination occurs after the first ninety (90) days up to the one year anniversary date
of employment; a lump sum payment equal to six months of salary at the rate in effect on the Termination Date if termination occurs
after the first year up to the second year anniversary date of employment all of which is subject to applicable Quebec law. The
lump sum payment required by this Section shall be paid no later than thirty (30) days following the Termination Date.


 






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(b)
Definition of Cause. For purposes of this Agreement, “Cause” shall mean any of the following:
(i) Executive’s misappropriation of the Company’s funds or property, or any attempt by Executive to secure any personal
profit related to the business or business opportunities of the Company without the informed, written approval of the Audit Committee
of the Company’s Board of Directors; (ii) any unauthorized use or disclosure by Executive of confidential information or
trade secrets of the Company (or any parent or subsidiary of the Company); (iii) Executive’s failure to perform, or continuing
neglect in the performance of, duties lawfully assigned to Executive by the Company’s Board of Directors, provided that
the Company shall have provided Executive with written notice of such failure or neglect and the Executive has been afforded at
least ten (10) business days to cure such failure or neglect; (iv) Executive’s conviction of, or plea of nolo contendre
(no contest) to, any felony or misdemeanor involving moral turpitude or fraud, or of any other crime involving material harm
to the standing or reputation of the Company; (v) any other willful misconduct by Executive that the Board determines in good
faith has had a material adverse effect upon the business or reputation of the Company; (vi) any other material breach or violation
by the Executive of this Agreement, the Company’s written code of conduct, or other written policy of the Company; provided,
however, that the Company shall have provided the Executive with written notice that such actions are occurring and the Executive
has been afforded at least ten (10) business days to cure; and (vii) any other reason recognized by Quebec law. Notwithstanding
the foregoing, in subparagraphs (iii) and (vi), (A) the cure period shall not apply to violations of the Company’s code
of conduct or prohibition against unlawful harassment, and (B) such cure period shall only apply to breaches, violations, failures
or neglect that in the Board’s sole judgment are capable of or amenable to such cure.


 


(c)
Definition of Good Reason. For the purposes of this Agreement, “Good Reason” shall mean Executive’s
voluntary resignation upon any of the following events without Executive’s written consent: (i) a material reduction in
the Executive’s authority, duties or responsibilities (and not simply a change in title or reporting relationships); (ii)
a material reduction by the Company in the Executive’s compensation (for avoidance of doubt, a ten percent (10%) reduction
in the Executive’s Base Salary shall constitute a material reduction in Executive’s compensation); (iii) any breach
by the Company of its obligations under this Agreement that results in a material negative change to Executive; or (iv) the failure
of any buyer or acquirer of the Company in a change of control to assume the Company’s obligations hereunder. Notwithstanding
the foregoing, “Good Reason” shall only be found to exist if the Executive provides written notice (each, a “Good
Reason Notice”) to the Company identifying and describing the event resulting in Good Reason within ninety (90)
days of the initial existence of such event, the Company does not cure such event within thirty (30) days following receipt of
the Good Reason Notice from the Executive and the Executive terminates his employment during the ninety (90)-day period beginning
thirty (30) days after the Executive’s delivery of the Good Reason Notice.


 


5.3
Treatment of Restricted Stock Upon Termination. Except as otherwise set forth herein, in the event that the Executive’s
employment is: (a) terminated either (i) by the Company, for Cause, or (ii), by the Executive, without Good Reason, prior to the
one (1) year anniversary of the Effective Date, then Executive shall not be entitled to the receipt or payment of any Restricted
Stock; or (b) terminated either (x) by the Company, without Cause, or (y) by the Executive, for Good Reason, prior to the one
(1) year anniversary of the Effective Date, then Executive shall be entitled to the payment and receipt of all Restricted Stock,
without any further vesting requirement.


 






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6.
Confidentiality, Non-Solicitation; Non-Disparagement and Cooperation.


 


6.1
Confidentiality. The Company and the Executive acknowledge that the services to be performed by the Executive under this
Agreement are unique and extraordinary and, as a result of such employment, the Executive shall be in possession of Confidential
Information relating to the business practices of the Company and its subsidiaries and affiliates (collectively, the “Company
Group”). The term “Confidential Information” shall mean any and all information (oral
and written) relating to the Company Group, or any of their respective activities, or of the clients, customers, acquisition targets,
investment models or business practices of the Company Group, other than such information which (i) is generally available to
the public or within the relevant trade or industry, other than as the result of breach of the provisions of this Section, or
(ii) the Executive is required to disclose under any applicable laws, regulations or directives of any government agency, tribunal
or authority having jurisdiction in the matter or under subpoena or other process of law. The Executive shall not, during his
employment nor at any time thereafter (except as may be required in the course of the performance of his duties hereunder and
except with respect to any litigation or arbitration involving this Agreement, including the enforcement hereof), directly or
indirectly, use, communicate, disclose or disseminate to any person, firm or corporation any Confidential Information acquired
by the Executive during, or as a result of, his employment with the Company, without the prior written consent of the Company.
The confidentiality obligations contained in this Section 6.1 shall be in addition to any other confidentiality agreement entered
into between the Company and Executive, including the proprietary information and invention assignment agreement to be signed
by Executive as per the Company’s policy with respect to all employees.


 


6.2
Non-Disparagement. At no time during or within three (3) years after Executive’s cessation of employment for any
reason shall the Executive, directly or indirectly, disparage the Company Group or any of the Company Group’s past or present
employees, officers, directors, attorneys, products or services. Notwithstanding the foregoing, nothing in this Section shall
prevent the Executive from making any truthful statement to the extent (a) necessary to rebut any untrue public statements made
about him; (b) necessary with respect to any litigation, arbitration or mediation involving this Agreement, including, but not
limited to, the enforcement of this Agreement; (c) required by law or by any court, arbitrator, mediator or administrative or
legislative body (including any committee thereof) with jurisdiction over such person; or (d) made as good faith competitive statements
in the ordinary course of business.


 


6.3
Cooperation. Upon the receipt of reasonable notice from the Company (including from the Company’s outside counsel),
the Executive agrees that while employed by the Company and thereafter, the Executive will respond and provide information with
regard to matters of which the Executive has knowledge as a result of the Executive’s employment with the Company, and will
provide reasonable assistance to the Company Group and their respective representatives in defense of any claims that may be made
against the Company Group (or any member thereof), and will provide reasonable assistance to the Company Group in the prosecution
of any claims that may be made by the Company Group (or any member thereof), to the extent that such claims may relate to matters
related to the Executive’s period of employment with the Company (or any predecessors). If the Executive is required to
provide any services pursuant to this Section following the cessation of his employment, then the Company: (i) shall promptly
compensate the Executive for all time actually incurred in these activities at an hourly rate of pay equal to the Executive’s
most recent annual Base Salary divided by 2080 hours; and (ii) shall promptly reimburse the Executive for reasonable out-of-pocket
travel, lodging, communication and duplication expenses incurred in connection with the performance of such services and in accordance
with the Company’s business expense reimbursement policies.


 






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6.4
Injunctive Relief; Interpretation. Without intending to limit the remedies available to the Company, the Executive acknowledges
that a breach of any of the covenants contained in Section 6 may result in the material and irreparable injury to the Company,
or their respective affiliates or subsidiaries, for which there is no adequate remedy at law, that it will not be possible to
measure damages for such injuries precisely and that, in the event of such breach or threat, the Company shall be entitled to
a temporary restraining order and/or a preliminary or permanent injunction restraining the Executive from engaging in activities
prohibited by Section 6. If for any reason it is held that the restrictions under this Section 6 are not reasonable or that consideration
therefor is inadequate, such restrictions shall be interpreted or modified to include as much of the duration or scope of identified
in this Section as will render such restrictions valid and enforceable.


 


6.5
Return of Company Property. Upon the cessation of Executive’s employment for any reason whatsoever, all Company Group
property that is in the possession of the Executive shall be promptly returned to the Company, including, without limitation,
all documents, records, notebooks, equipment, price lists, specifications, programs, customer and prospective customer lists,
supplier lists and any other materials that contain Confidential Information which are in the possession of the Executive, including
all copies thereof whether in electronic or paper form. Anything to the contrary notwithstanding, the Executive shall be entitled
to retain (i) papers and other materials of a personal nature, including, but not limited to, photographs, correspondence, personal
diaries, calendars and rolodexes, personal files and phone books, (ii) information showing his compensation or relating to reimbursement
of expenses, (iii) information that he reasonably believes may be needed for tax purposes and (iv) copies of plans, programs and
agreements relating to his employment, or termination thereof, with the Company.




 


7.
Miscellaneous.


 


7.1
Notices. Any notice to be given under the terms of this Agreement shall be in writing and addressed to the Company at its
principal Canadian corporate office to the attention of the Secretary, and to the Executive at the address last reflected on the
Company’s payroll records, or such other address as either party may hereafter designate in writing to the other. Any such
notice shall be delivered in person or shall be enclosed in a properly sealed envelope addressed as aforesaid, registered or certified,
and deposited (postage and registry or certification fee prepaid) in a post office or branch post office regularly maintained
by Canada Post. Any such notice shall be deemed given only when received, but if the Executive is no longer employed by the Company
or a subsidiary, such notice shall be deemed to have been duly given five (5) business days after the date mailed in accordance
with the foregoing provisions of this Section.


 


7.2
Severability. Each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable
law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law, such provision will be
ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining
provisions of this Agreement.


 






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7.3
Binding Effect; Benefits. The Executive may not delegate his duties or assign his rights hereunder. This Agreement shall
inure to the benefit of, and be binding upon, the parties hereto and their respective heirs, legal representatives, successors
and permitted assigns.


 


7.4
Entire Agreement. This Agreement represents the entire agreement of the parties with respect to the subject matter hereof
and shall supersede any and all previous agreements, arrangements or understandings between the Company and the Executive. This
Agreement may be amended at any time by mutual written agreement of the parties hereto. In the case of any conflict between any
express term of this Agreement and any statement contained in any plan, program, arrangement, employment manual, memo or rule
of general applicability of the Company, this Agreement shall control.


 


7.5
Governing Law and Jurisdiction. This Agreement and the performance of the parties hereunder shall be governed by the laws
of the Province of Quebec and applicable laws of Canada, and shall be interpreted in conformity with same. The parties agree that
the courts of the Province of Quebec have exclusive jurisdiction on any questions and differences between the parties in regards
to the present Agreement and the parties irrevocably commit themselves to their competence.


 


7.6
Remedies. All rights and remedies provided pursuant to this Agreement or by law shall be cumulative, and no such right
or remedy shall be exclusive of any other. A party may pursue any one or more rights or remedies hereunder or may seek damages
or specific performance in the event of another party’s breach hereunder or may pursue any other remedy by law or equity,
whether or not stated in this Agreement.


 


7.7
Survivorship. Except as otherwise expressly set forth in this Agreement, the respective rights and obligations of the parties
shall survive Executive’s cessation of employment to the extent necessary to carry out the intentions of the parties as
embodied in this Agreement. This Agreement shall continue in effect until there are no further rights or obligations of the parties
outstanding hereunder and shall not be terminated by either party without the express prior written consent of both parties, except
as otherwise expressly set forth in this Agreement.


 


7.8
No Waiver. The waiver by either party of a breach of any provision of this Agreement shall not operate as, or be construed
as, a waiver of any later breach of that provision.


 


7.9
Taxes. Except as otherwise specifically provided herein, each party agrees to be responsible for its own taxes and
penalties.


 


7.10
Counterparts. This Agreement may be executed in counterparts (including by fax or pdf) which, when taken together, shall
constitute one and the same agreement of the parties.


 


7.11
Representation of Executive. Executive represents and warrants to the Company that Executive read and understands this
Agreement, has had the opportunity to consult with independent counsel of his choice prior to agreeing to the terms of this Agreement
and is entering into the agreement, knowingly, willingly and voluntarily. The parties agree that this Agreement shall not be construed
for or against either party in any interpretation thereof.


 


7.12
Language of Agreement. The parties to these presents agree that this Agreement be drafted in English. Les parties aux présentes
consentent à ce que le present contrat soit rédigé en anglais.


 


[End
of Text - Signature page follows]


 




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


 


	 	QUEST
    SOLUTION, INC.
	 	 	 
	 	By:	/s/
    Gilles Gaudreault
	 	Name:
    	Gilles
    Gaudreault
	 	Title:
    	CEO
	 	 	 
		EXECUTIVE 
	 	 
		By:	/s/
    Joey Trombino
		 	Joey
    Trombino 


 






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