Exhibit 10.8


 





THIS EMPLOYMENT AGREEMENT this
“Agreement”) is made and effective as of May 2, 2015 between ZONZIA MEDIA, Inc. a Nevada corporation
(the “Company”), and Frank McEnulty, Chief Financial Officer, (“CFO”),


 


Recitals


 


The Company and Chief Financial
Officer desire to enter into an agreement pursuant to which the Company will employ Chief Financial Officer as its Chief
 Executive Officer subject to the terms and conditions of this Agreement.


 


Agreement


 


NOW, THEREFORE, in consideration of the foregoing and the mutual
covenants and promises contained herein, the parties agree as follows:


 


1. Employment.


 


The Company hereby engages
Chief Financial Officer to serve as the Chief Financial Officer of the Company, and Chief Financial Officer agrees to serve
the Company, during the Service Term (as defined in Section 4 below) in the capacities, and subject to the terms and
conditions, set forth in this Agreement. This Agreement shall be enacted in two Stages. “Stage 1” shall commence
on the date stated above. “Stage 2” may be enacted at the sole discretion of the Board of Directors, at any time
until the one year anniversary of this agreement, at which time either the components under Article 3 shall become effective,
or the Agreement and the CFO shall be terminated.


2. Duties.


 


During the Service Term, Chief
Financial Officer, as Chief Financial Officer of the Company, shall have all the duties and responsibilities of this office
and such other duties and responsibilities as may be delegated from time to time by the Board of Directors of the Company or
the Chief Executive Officer (CEO) of the Company in their sole discretion. Chief Financial Officer will report to the
CEO. Chief Financial Officer will devote his best efforts and whatever time and resources are
required to fulfill his responsibilities to the business of the Company and its Subsidiaries.


 


3. Salary, Bonus and Benefits.


 


The CEO, upon recommendation from the
Compensation Committee of the Board of Directors, shall make all decisions related to Chief Financial Officer’s base
salary and the payment of bonuses, if any. Chief Financial Officer’s Annual Base Salary and other compensation will
be reviewed by the CEO or Compensation Committee of the Board of Directors at least
annually.


 


		A.	Base Salary. During the Stage 1 term of this Agreement, the Company
                                                                                                                will                                                                                                                 pay
                                                                                                                Chief
                                                                                                                Financial Officer  a
                                                                                                                base salary (the “Annual Base Salary”) of $182,000 per annum in accordance with the Company's customary payroll
                                                                                                                practices. Stage 2 Annual Base Salary shall be adjusted to an executive level compensation as determined by the Board of Directors.



 


		B.	Bonus Plan- Equity Awards. Chief Financial Officer shall receive a one-time
                                                                                                                grant of
                                                                                                                shares of
                                                                                                                common stock in the corporation under Stage 1 within 30 days of signing this Agreement in an amount of one million
                                                                                                                (1,000,000)
                                                                                                                shares.
                                                                                                                Stage 2 shall include an additional stock grant in an amount determined by the Board of Directors. All shares are to be
                                                                                                                common shares issued with SEC Rule 144 Restriction.



  


		C.	Bonus Plan- Completion Bonus and Annual Bonus. Chief Financial Officer shall
                                                                                                                be                                                                                                                 eligible
                                                                                                                to
                                                                                                                receive an annual bonus in accordance with Company bonus policy to be established by the Board of Directors for 2015 at the
                                                                                                                sole discretion of the CEO and Compensation Committee of the Board of Directors. At Stage 2, and subsequent years the
                                                                                                                annual bonus shall be a minimum of fifteen percent (15%) and a maximum of thirty-five percent (35%) of the Base Salary an
                                                                                                                amount to be determined solely by the Board of Directors.



 





		D.	Benefits.



		(i)	Chief Financial Officer shall either be enrolled in the Company health and welfare insurance
                                                                program when established upon enactment of Stage 2.




		(iii)	Chief Financial Officer shall be reimbursed for all reasonable business related expenses incurred
                                                                                                            in the
                                                                                                            performance of his duties in accordance with the Company’s policies from the date of signing this Agreement.





 


 


 






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4. Employment Term.


 


Unless Chief Financial
Officer’s employment under this Agreement is sooner terminated as a result of Chief Financial Officer’s
resignation or termination in accordance with the provisions of Section 5 below, Chief Financial Officer’s term of
employment (“Service Term”) under Stage 1 of this Agreement shall commence on the date hereof and shall continue
for a period of one year. Upon enactment of Stage 2 under this Agreement, the term shall renew until the four year
anniversary of the date of this Agreement.


 


5. Termination.


 


Chief Financial
Officer’s employment with the Company shall cease upon the first of the following events to occur:


 


	 	A.	Chief Financial Officer’s death.
	 	 	 
	 	B.	Chief Financial Officer’s voluntary retirement.
	 	 	 
		C.	Chief Financial Officer’s disability, which means his incapacity due to physical or mental
                                                                                                                illness                                                                                                                 such
                                                                                                                that he is unable to perform the essential functions of his previously assigned duties.



 


		D.	Termination by the Company by the delivery to Chief Financial Officer of a written notice
                                                                      from the                                                                       Chief
                                                                      Executive Officer that the Chief Financial Officer has been
                                                                      terminated (“Notice of Termination”). “With
                                                                      Cause” shall mean termination for any of the following:



 


Chief Financial
Officer’s (A) commission of a felony or a crime involving moral turpitude or the commission of any other act or
omission involving dishonesty in the performance of his duties to the Company or fraud; (B) substantial and repeated failure
to perform duties of the office held by Chief Financial Officer as reasonably directed by the Board or the Chief Executive
Officer; (C) gross negligence or willful misconduct with respect to the Company or any of its Subsidiaries; (D) material
breach of this Agreement not cured within ten (10) days after receipt of written notice thereof from the Company; (E)
failure, within ten (10) days after receipt by Chief Financial Officer of written notice thereof from the Company, to correct, cease or otherwise
alter any failure to comply with instructions or other action or omission which the Chief Executive Officer reasonably
believes does or may materially or adversely affect its business or operations; (F) misconduct which is of such a serious or
substantial nature that a reasonable likelihood exists that such misconduct will materially injure the reputation of the
Company or its Subsidiaries if Chief Financial Officer were to remain employed by the Company; (G) harassing or discriminating against the
Company's employees, customers or vendors in violation of the Company's policies with respect to such matters; (H) and/or
misappropriation of funds or assets of the Company for personal use or willful violation of Company policies or standards of
business conduct as determined in good faith by the Chief Executive Officer.


 


		E.	Chief Financial Officer’s voluntary resignation by the delivery to the Chief Executive Officer of a written notice from Chief Financial Officer that Chief Financial Officer has
resigned.



 


6. Rights on Termination. 


 


		A.	If during the term of employment the Chief Financial Officer’s employment is
                                                                                                                terminated
                                                                                                                under Section 5. A., B., C., or  E. (death, resignation, retirement or
                                                                                                                disability), then
                                                                                                                the                                                                                                                 Company
                                                                                                                shall                                                                                                                 pay a
                                                                                                                severance pay of four months base compensation and continue all other benefits as defined in 3. D. above for a period
                                                                                                                of four months including any pro-rata portion of any bonus or compensation plan in force at the time.



 


		B.	If the Chief Financial Officer is terminated for Cause per Section 5.D. above, then all
                                                                                                                future rights and benefits will immediately cease but all rights, compensation and benefits will be brought current and
                                                                                                                considered earned.



 


7. Representations of Chief Financial Officer.


 





		A.	Chief Financial Officer hereby represents and warrants to the Company that the statements contained in this Section 7 are true and accurate
as of the date of this Agreement.



 


		(i)	Legal Proceedings. Chief Financial Officer is not the subject of any criminal proceeding.



		(ii)	Securities Law. Chief Financial Officer has not been found in a civil action by the Securities and Exchange Commission, Commodity Futures Trading
Commission, a state securities authority or any other regulatory agency to have violated any federal, state or other securities
or commodities law.



		(iii)	Employment Restrictions. Chief Financial Officer is not currently a party to any non-competition, non-solicitation, confidentiality or other work-related
agreement that limits or restricts Chief Financial Officer’s ability to work in any particular field or in any particular geographic region,
whether or not such agreement would be violated by this Agreement.



 


 






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8. Confidential Information; Proprietary Information, etc.


 





		A.	Obligation to Maintain Confidentiality. Chief Financial Officer agrees that, other than in the course of performance of his duties as an employee
of the Company, he will not at any time (whether during or after Chief Financial Officer’s term of employment) disclose or permit to be disclosed
to any Person or, directly or indirectly, utilize for his own account or permit to be utilized by any Person any Proprietary Information
or records pertaining to the Company, its Subsidiaries and their respective business for any reason whatsoever without the Chief
Executive Officer's consent.



 


		B.	Third Party Information. Chief Financial Officer understands that the Company and its Subsidiaries will receive from third parties confidential
or proprietary information (“Third Party Information”) subject to a duty on the Company's and its Subsidiaries' part
to maintain the confidentiality of such information and to use it only for certain limited purposes.



 





		C.	Compelled Disclosure. If Chief Financial Officer is required by law or governmental regulation or by subpoena or other valid legal process to disclose
any Proprietary Information or Third Party Information to any Person, Chief Financial Officer will immediately provide the Company with written notice
of the applicable law, regulation or process so that the Company may seek a protective order or other appropriate remedy.



 


9. Noncompetition and Non-solicitation.


 





		A.	Noncompetition. As long as Chief Financial Officer is an employee of the Company or any
                                                                                                                Subsidiary thereof,
                                                                                                                and for a period ending twelve (12) months following the Termination Date of Chief Financial Officer’s employment (the
                                                                                                                “Restrictive
                                                                                                                Covenant Period”), Chief Financial Officer shall not, directly or indirectly own, manage, control, participate in,
                                                                                                                consult with, render
                                                                                                                services for, or in any manner engage in any business competing with the Company.



 





		B.	Non-solicitation. As long as Chief Financial Officer is an employee of the Company or any Subsidiary thereof, and during the Restrictive Covenant
Period thereafter, Chief Financial Officer shall not directly or indirectly through another entity: (i) induce or attempt to induce any employee of
the Company or any Subsidiary to leave the employ of the Company or such Subsidiary, or in any way interfere with the relationship
between the Company or any Subsidiary and any employee thereof.



 





		C.	Submission to Jurisdiction. The parties hereby submit to the jurisdiction of any state or federal court sitting in the State
of Nevada in any action or proceeding arising out of or relating to Section 8 and/or 9 of this Agreement.



 



 


GENERAL PROVISIONS


 


10. Notices.


 


Any notice provided for in this Agreement must be in writing and
must be mailed, personally delivered or sent by reputable overnight courier service (charges prepaid) to the recipient at the address
below indicated:


 


If to the Company:


ZONZIA MEDIA, iNC.


74 N. Pecos Rd, Suite D


Henderson, NV 89074


 


If to Chief Financial Officer


 


Frank McEnulty


3261 Julian Ave.


Long Beach, CA 90808


 


 






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11. Miscellaneous.


 








		A.	Severability. Whenever possible, each provision of this Agreement will 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 invalid, illegal or unenforceable in any respect
under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability will not affect any other
provision or any other jurisdiction, but this Agreement will be reformed, construed and enforced in such jurisdiction as if such
invalid, illegal or unenforceable provision had never been contained herein.



 





		B.	Complete Agreement. This Agreement, those documents expressly referred to herein and other documents of even date herewith
embody the complete agreement and understanding among the parties and supersede and preempt any prior understandings, agreements
or representations by or among the parties.



 





		C.	Counterparts; Facsimile Transmission. This Agreement may be executed in separate counterparts, each of which is deemed to
be an original.



 








		D.	Successors and Assigns. Except as otherwise provided herein, this Agreement shall bind and inure to the benefit of and be
enforceable by Chief Financial Officer, the Company and their respective successors and assigns; provided that the rights and obligations of the parties
under this Agreement shall not be assignable without the prior written consent of the other party, except for assignments by operation
of law and assignments by the Company to any successor of the Company by merger, consolidation, combination or sale of assets.
Any purported assignment in violation of these provisions shall be void ab initio.



 


		E.	Choice of Law; Jurisdiction. All questions or disputes concerning this Agreement and the exhibits hereto will be governed
by and construed in accordance with the internal laws of the State of Nevada.



 





		F.	Remedies. Each of the parties to this Agreement will be entitled to enforce its rights under this Agreement specifically, to
recover damages and costs (including attorney's fees) caused by any breach of any provision of this Agreement and to exercise all
other rights existing in its favor. The parties hereto agree and acknowledge that money damages may not be an adequate remedy for
any breach of the provisions of this Agreement and that any party may in its sole discretion apply to any court of law or equity
of competent jurisdiction (without posting any bond or deposit) for specific performance and/or other injunctive relief in order
to enforce or prevent any violations of the provisions of this Agreement.



 








		G.	Amendment and Waiver. The provisions of this Agreement may be amended or waived only with the prior written consent of the
Company and Executive.



 


		H.	No Waiver. A waiver by any party hereto of any right or remedy hereunder on any one occasion shall not be construed as a bar
to any right or remedy that such party would otherwise have on any future occasion. Neither failure to exercise nor any delay
in exercising on the part of any party hereto, any right, power or privilege hereunder shall preclude any other or further exercise
thereof or the exercise of any other right, power or privilege. The rights and remedies herein provided are cumulative and may
be exercised singly or concurrently, and are not exclusive of any rights or remedies provided by law.



 





		I.	Waiver of Jury Trial. BOTH PARTIES TO THIS AGREEMENT AGREE THAT ANY ACTION, DEMAND, CLAIM OR COUNTERCLAIM RELATING TO THE TERMS
AND PROVISIONS OF THIS AGREEMENT, OR TO ITS BREACH, MAY BE COMMENCED IN THE STATE OF NEVADA IN A COURT OF COMPETENT JURISDICTION.
BOTH PARTIES TO THIS AGREEMENT FURTHER AGREE THAT ANY ACTION, DEMAND, CLAIM OR COUNTERCLAIM SHALL BE RESOLVED BY A JUDGE ALONE,
AND BOTH PARTIES HEREBY WAIVE AND FOREVER RENOUNCE THAT RIGHT TO A TRIAL BEFORE A CIVIL JURY.



 





12. Indemnification.


 


During and following the employment period, the Company shall indemnify
Chief Financial Officer and hold him harmless from and against any claim, loss or cause of action arising from or out of his performance as an officer,
director or employee of the Company or any of its Subsidiaries or in any other capacity, including any fiduciary capacity, in which
Chief Executive Officer serves at the request of Company to the maximum extent permitted by applicable law and the Company's By-Laws. Expenses incurred
in defending or investigating a threatened or pending action, suit or proceeding shall be paid by the Company in advance of the
final disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of Chief Executive Officer to repay such amount
if it shall ultimately be determined that he is not entitled to be indemnified by the Company. To the extent that the Company reduces
the indemnity rights provided for under its By-Laws after execution of this Agreement, the Company's indemnity obligations hereunder
shall be unaffected (to the extent permitted by applicable law).


 


 


**********signature page follows**********


 


 


 






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IN WITNESS WHEREOF, the parties hereto have executed this Agreement
on the date first written above.


 


ZONZIA MEDIA, Inc.


 


 


By: /s/ Myles A. Pressley, III                          


Myles A. Pressley, III., Chairman of Board of Directors


 


 


Chief Financial Officer


 


 


/s/ Frank McEnulty                               


Frank McEnulty


 


 


 






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