Consulting
Services Agreement


 


This
Consulting Services Agreement (the “Agreement”) is entered this
1st of October 2017 between Xavier Romero, located at 45th East 9th Court, Florida 33010 (“Consultant”),
and Cyclone Power Technologies, Inc., located at 601 NE 26th Ct., Pompano Beach, FL 33064 (“Company”).


 


WHEREAS,
the Company requires the services of an expert to advise in financial, business and banking/investor matters, and the Consultant
has such experience and expertise;


 


NOW
THEREFORE, in consideration of the premises and the mutual covenants and agreements of the parties hereinafter set forth,
the parties hereto hereby agree as follows:








 





	Engagement
	 	 	 
	 	1.	Company
    hereby engages Consultant and Consultant hereby accepts the engagement to become a business consultant to the Company and
    to render such advice, consultation, information, and services to the Directors and/or Officers of the Company regarding advise,
    consultation, information and services not limited to business development in Mexico, Central and South America; additional
    services in social media including but not limited to Facebook, Twitter and SnapChat. It shall be expressly understood that
    Consultant shall have no power to bind Company to any contract or obligation or to transact any business in Company’s
    name or on behalf of Company in any manner.
	 	 	 
	Term
	 	 	 
	 	2.	The
    term (“Term”) of this Agreement shall commence on
    the date hereof and continue for twelve months (12) months. This Agreement may be terminated on a 30 day notice by the Company
    prior to , or immediate by the Company in the case of a breach by the Consultant of this Agreement. In the case of an early
    termination, the Company shall have no further obligations to the Consultant as of the date of termination. This Agreement
    shall be extended for twelve (12) months terms at the end of the initial Term, unless either party gives notice within ten
    (10) days prior to the new term of its desire to terminate this Agreement.
	 	 	 
	Compensation
    and Fees
	 	 	 
	 	3.	Company
    agrees starting October 1, 2017 to pay and deliver to Consultant $10,000 worth of restricted common stock of the Company (the
    “Stock Consideration”) per month (convertible at a reasonable agreed discount) for its services during the Term
    hereof and shall be considered earned on the first of each month (even if actual certificate is issued at a later date)










 




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	 	4.	The
    Stock shall be bearing all appropriate legends. Shares shall be considered earned by Consultant at 1st of each
    month in which they were earn. As an example, the Consultant will earn $10,000 worth of stock October 1, 2017, if they payment
    of shares to satisfy this payment happens July 2018, the tacking period of when they debt was incurred by the company to the
    Consultant would be October 1, 2017.
	 	 	 
	Representations, Warrants and Covenants 
	 	 	 
	 	5.	The
    Company represents, warrants and covenants to the Consultant that Company has the full authority, right, power and legal capacity
    to enter into this Agreement and to consummate the transactions provided for herein.
	 	 	 
	 	6.	In
    the performance of its duties hereunder, the Consultant represents, warrants and covenants to the Company that it shall comply
    with all laws, rules and regulation of the Securities Exchange Commission, FINRA, any securities exchange that the Company’s
    securities are then listed, the Federal Trade Commission and any and all other regulatory bodies. Consultant hereby indemnifies
    and holds the undersigned and the Company harmless for any breach of this paragraph including a reasonable sum for attorney
    fees.
	 	 	 
	 	7.	The
    Consultant further represents that it and all individuals associated with it shall at all times conduct its business in a
    legal manner subject to all state and federal securities laws. This Agreement may be terminated immediately if this provision
    is breached or if any facts become known to the Company, in the Company’s sole and absolute discretion, that would lead
    it to believe otherwise, or that may do harm to the image and reputation of the Company.
	 	 	 
	Exclusivity; Performance; Confidentiality
	 	 	 
	 	8.	The
    services of Consultant hereunder shall not be exclusive, and Company may hire other consultants to perform similar or the
    same services. The Consultant agrees that it will, at all times, faithfully and in a professional manner perform all of the
    duties that may be reasonably required of the Consultant pursuant to the terms of this Agreement.
	 	 	 
	 	9.	Consultant
    acknowledges and agrees that confidential and valuable information proprietary to Company and obtained during its engagement
    by the Company, shall not be, directly or indirectly, disclosed without the prior express written consent of the Company,
    unless and until such information is otherwise known to the public generally or is not otherwise secret and confidential.
	 	 	 
	Litigation and Fees
	 	 	 
	 	10.	Any
    controversy or claim arising out of or relating to this Agreement, or breach thereof, may be resolved by mutual agreement;
    or if not, shall be settled in accordance with Florida, in the courts of Palm Beach County. The prevailing party shall be
    entitled, in addition to such other relief as many be granted, to a reasonable sum for attorney’s fees.


 




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	Notices
	 	 	 
	 	11.	Any
    notice or other communication required or permitted hereunder must be in writing and sent by either (i) certified mail, postage
    prepaid, return receipt requested and first-class mail, (ii) overnight delivery with confirmation of delivery, or (iii) facsimile
    transmission with an original mailed by first class mail, postage prepaid.
	 	 	 
	Additional
    Provisions
	 	 	 
	 	12.	No
    waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provision and
    no waiver shall constitute a continuing waiver. No waiver shall be binding unless executed in writing by the party making
    the waiver. No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing by all
    parties.
	 	 	 
	 	13.	This
    Agreement constitutes the entire agreement between the parties and supersedes any prior agreements or negotiations. There
    are no third-party beneficiaries of this Agreement. This Agreement shall be governed by and construed in accordance with the
    internal laws of the State of Florida, regardless of laws of conflicts.
	 	 	 
	Counterparts
	 	 	 
	 	14.	This
    Agreement may be executed simultaneously in one or more counterparts, each of which shall be deemed an original, but all of
    which together shall constitute one and the same instrument.
	 	 	 
	 	15.	For
    reporting purposes in public flings, this agreement shall be reported as “Romero Consulting Agreement dated October
    1, 2017”







 









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In
Witness Whereof, the parties hereto have
entered into this Agreement on the date first written above.


 


	 	Cyclone
    Power Technologies, Inc.
	 	 	 
	 	By:	 
	 	 	Frankie
    Fruge, President/Director
	 	Date:	 
	 	 	 
	 	By:	 
	 	 	Xavier
    Romero
	 	Date:	 



 



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