Exhibit
10.16


 


[***]
Certain information in this document has been excluded pursuant to Regulation S-K, Item 601(b)(10). Such excluded information
is not material and would likely cause competitive harm to the registrant if publicly disclosed.


 


This
Agreement effective March 26, 2020, between Quanta, Inc., whose primary address is located at 3606 W Magnolia Blvd, Burbank CA
91505, and is known as the Company and HANSON FASO SALES & MARKETING, INC. whose address is 1919
S. Highland Ave. Suite 204C Lombard, IL 60148, known as the Broker, in accordance with and subject to the following:


 


	 	1.	The
    territory in which the Broker is to work is as follows: Illinois, Indiana, Iowa, Kentucky, Kansas, Michigan, Minnesota, Missouri,
    Nebraska, North Dakota, Ohio, Oklahoma, South Dakota, Western Pennsylvania, and Wisconsin. Classes of trade to be represented
    are specialty, grocery, natural, mass merchants, gift packing, national drug chains, non-traditional trade, and food service.
    This territory is exclusive unless otherwise stated in writing, herein. The Broker shall be credited with all orders accepted
    by the Company from this territory, as long as this Agreement remains in force.
	 	 	 
	 	2.	The
    products which the Broker is authorized to sell, and the prices and terms, are as shown on the addenda to this Agreement,
    or as specified in subsequent price books, bulletins, and other authorized documents.
	 	 	 
	 	3.	Said
    Broker further agrees to abide and comply with all sales policies and operating regulations of the Company, as issued from
    time to time, and will not obligate or contract on behalf of the Company without first having received authority to do so
    from an Executive of the Company.
	 	 	 
	 	4.	Commissions
    due to the Broker shall be payable before the 15th day of the month following shipment by the Company and
    such commissions shall be calculated at the rate of [***]. We will require a minimum monthly income guarantee of $2,000
    per month, should your monthly commission due be calculated at less than $2,000 in any given month. This guaranteed payment
    will be due by the 15th of each month and is not refundable against future commissions. This guarantee should be
    balanced against your current month’s commission due as it is not due in addition to your monthly commission payment.
    Therefore, in a month where commissions due exceed the guarantee, the normal commission payment will satisfy this minimum.
	 	 	 
	 	5.	The
    Broker will not bill the Company for commissions. Commission payments must be accompanied by a full, written document supporting
    the payment. This commission statement must include a listing of each purchase order number and amount with the coinciding
    invoice number and amount including full documentation of any deductions taken. If an ACH payment is made, the commission
    statement, including the above details, must be received within 48 hours of payment receipt. The Company will pay the Broker
    on partial payments prior to deduction dispute resolution. If a deduction is reversed and repayment is collected within a
    year, the Company will pay the Broker their normal commission rate on the recovered funds.


 




    	 



    	 



    

 


	 	6.	All
    orders must be sent to the Broker. In the case of EDI transmission the Company agrees to allow the Broker to be carbon copied
    on all transmissions. For orders sent directly to the Company, the Company agrees to send the Broker order copies within 48
    hours of receipt of the order.
	 	 	 
	 	7.	Deductions
    from invoices for marketing expenses such as show fees, table tops, ads, demos, samples, signage, and catalog fees may not
    be charged against Broker commissions. In addition, deductions arising from fines imposed on the Company due to improper policy
    adherence by the Company, including but not limited to, late deliveries, use of wrong carrier or incomplete shipments, may
    not be deducted from Broker commissions. If a credit memorandum is issued to cancel an invoice on which commission has been
    paid, such “over commission” may be deducted from subsequent commissions due the Broker, if that amount is sufficient;
    otherwise, commission paid on such return-for-credit orders shall be refunded to the Company by the Broker within thirty days
    of written notice. Deductions for spoils must be at the same rate as the commission rate. In the case of a multiple warehouse
    customer where splits are involved, that deduction must be deducted against the warehouse that shipped the goods and generated
    the deduction.
	 	 	 
	 	8.	The
    Company reserves the right at all times to reject any and all orders because of unsatisfactory credit rating of the purchaser.
    On sales of unrated new accounts, the Broker may be required to furnish local credit information and submit full information
    with orders. The Broker will also assist in the collection of past due accounts owing the Company by customers located in
    said Brokers’ territory.
	 	 	 
	 	9.	When
    an order originates in one Broker’s territory for shipment into another Broker’s territory, or in any case when
    the commission is divided between two or more of the Company’s Brokers, the commission shall be divided per an agreement,
    with no part of the commission being retained by the company. No splits will be in effect unless agreed to by Hanson Faso
    in writing.
	 	 	 
	 	10.	This
    Agreement shall continue in full force and effect for one year from the date of its execution, but this Agreement may be terminated
    by either party for any reason during this period upon 60 days written notice (by mail or email). If not so terminated by
    either party, one to the other, this Agreement shall automatically renew itself from year to year, but will then only be cancelable
    either for show of cause, by mutual consent, or by written notice by one party to the other with 60 days written notice (by
    mail or email).


 




    	 



    	 



    

 


	 	11.	During
    the term of this Agreement, and for a period of one (1) year immediately thereafter, You agree not to solicit any employee
    or independent contractor of the Company on behalf of any other business enterprise, nor shall you induce any employee or
    independent contractor associated with the Company to terminate or breach an employment, contractual or other relationship
    with the Company.
	 	 	 
	 	12.	The
    Broker shall be paid commissions on all orders from his territory accepted by the Company prior to the effective termination
    date of this Agreement, even though such orders may be shipped or paid for after the effective termination date.
	 	 	 
	 	13.	In
    the event of a principal being a defendant in a legal suit concerning product being harmful to a complainant, the broker will
    be immune from any liability whether in direct legal action of a joint action.
	 	 	 
	 	14.	This
    agreement shall be construed in accordance with and governed by the laws of the State of Illinois.


 


COMPANY
APPROVAL:


 


	By	/s/
    Eric Rice	Date	03/26/2020
	 	Signature	 	 


 


	Printed
    Name	Eric
    Rice	Title	CEO


 


	Hanson
    Faso Sales and Marketing, Inc.	 	 
	 	 	 	 
	By:	/s/
    Stewart H. Reich	Date	03/30/2020
	 	Signature
    & Title	 	 



 


	Printed
    Name	Stewart
    H. Reich	Title	President