Exhibit 10.19


 


ADVISORY SERVICES AGREEMENT


 


THIS ADVISORY SERVICES
AGREEMENT (this “Agreement”) is entered into as of October 24, 2016 (the “Effective Date”),
by and between Jason Robinett, an individual and resident of the state of Washington (the “Advisor”), and Alliance
MMA, Inc., a Delaware corporation (the “Company”).


 


NOW, THEREFORE, in
consideration of the covenants and promises contained herein, the Company and the Advisor agree as follows:


 


1.            Term
and Termination. This Agreement shall commence on the Effective Date and shall renew annually on the anniversary thereof (the
“Term”). Notwithstanding the foregoing, this Agreement may be terminated on an anniversary date by either party
upon ninety (90) days prior written notice to the other party. Company shall remain obligated to pay Advisor any amounts due pursuant
to Section 3 under this Agreement prior to the effective date of termination.


 


2.            Services.
Advisor agrees that he will, when and as requested by the Company, from time to time during the Term of this Agreement, provide
technology consulting and advisory services to the Company (the “Services”) using the title of “Chief
Technology Officer.” In particular the Advisor shall (i) establish the Company’s technical vision and lead all aspects
of the Company’s technological development; (ii) work in a consultative fashion with Company leadership as an advisor of
technologies that may improve their efficiency and effectiveness; (iii) conduct research and case studies on leading edge technologies,
and make determinations on the desirability of implementation; and (iv) protect the confidentiality, integrity, and availability
of the Company’s data and servers. The parties contemplate that the Services will be performed from the Advisor’s offices
in the Seattle, Washington metropolitan area, but that from time to time the Company will request the Advisor to attend promotions,
meetings or otherwise be present at the Company’s events wherever located. On such occurrences, the Company will pay or otherwise
reimburse Advisor for the actual travel expenses incident to such events and meetings. Advisor will arrange the time and manner
of performance of the consulting services based on a mutually agreeable schedule of duties and assignments working in close collaboration
with the President. The Services shall be provided on a non-exclusive basis and with the expectation that there will be approximately
20 hours of Services provided per week.


 


3.           Compensation
and Expenses.


 


(a)          The
Company shall pay, and the Advisor agrees to accept, in consideration for the Services hereunder a monthly fee equal to six thousand
six hundred and sixty-six and 66/100 dollars ($6,666.66) per month paid monthly in advance (the “Fees”). In
addition to the Fees, the Advisor shall be awarded options (the “Advisor Options”) to acquire 40,000 shares
of the Company’s Common Stock at an initial exercise price of $4.50 per share under the Company’s 2016 Equity Incentive
Plan (the “Plan”). The Advisor Options shall vest over a three (3) year period in accordance with the terms
of the Plan.


 




     


     


    

 


(b)          Other
than as set forth in Section 2 above, the Advisor shall be responsible for his own expenses incurred in connection with this Agreement
and the performance of the Services hereunder.


 


(c)          All
Fees will be wired by the Company to an account designated by the Advisor from time to time.






4.           Relationship
Between the Parties. Advisor is engaged by the Company only for the purpose and to the extent set forth in this Agreement and
his relationship shall at all times be an independent contractor rather than a co-venturer, partner, or agent of the Company. Advisor
is responsible for the payment of all federal, state and local income/earnings taxes on all sums paid to him and on behalf of any
of his employees by the Company and understands that the Company is not obligated to provide workers’ compensation insurance
coverage nor make social security or unemployment compensation contributions on his behalf. Further, Advisor is not entitled to
participate in any plan, arrangement or distribution of any stock, bonus, profit sharing, group medical coverage, group life insurance
coverage, long or short term disability arrangements, or any other benefits provided to employees of the Company as a result of
this Agreement. Advisor shall have the sole responsibility for reporting and remitting all taxes due to any authority as a result
of any Fee or other related expenses paid to Advisor under this Agreement and shall indemnify and hold the Company harmless from
any breach of his obligation under this Section 4. It is agreed and understood that nothing in this Section 4 or elsewhere in this
Agreement shall be deemed or construed to create or continue an employer-employee relationship between Advisor or any of his employees
and the Company.


 


5.           Confidential
Information.


 


(a)          The
Advisor expressly acknowledges that, in the performance of his duties and responsibilities with the Company, it has been exposed
since prior to the Effective Date, and will be exposed, to the trade secrets, business and/or financial secrets and confidential
and proprietary information of the Company, its affiliates and/or its clients or business partners (“Confidential Information”).
The term “Confidential Information” includes information or material that has actual or potential commercial value
to the Company, its affiliates and/or its clients or business partners and is not generally known to and is not readily ascertainable
by proper means to persons outside the Company, its affiliates and/or its clients or customers.


 




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(b)          Except
as authorized in writing by the Company, during the performance of the Advisor’s duties and responsibilities for the Company
and until such time as any such Confidential Information becomes generally known to and readily ascertainable by proper means to
persons outside the Company, its affiliates and/or its clients or business partners, the Advisor agrees to keep strictly confidential
and not use for its personal benefit or the benefit to any other person or entity (other than the Company) the Confidential Information.
“Confidential Information” includes the following, whether or not expressed in a document or medium, regardless of
the form in which it is communicated, and whether or not marked “trade secret” or “confidential” or any
similar legend: (i) lists of and/or information concerning customers, prospective customers, suppliers, employees, Advisors, co-venturers
and/or joint venture candidates of the Company, its affiliates or its clients or customers; (ii) information submitted by customers,
prospective customers, suppliers, employees, Advisors and/or co-venturers of the Company, its affiliates and/or its clients or
customers; (iii) non-public information proprietary to the Company, its affiliates and/or its clients or customers, including,
without limitation, cost information, profits, sales information, prices, accounting, unpublished financial information, business
plans or proposals, expansion plans (for current and proposed facilities), markets and marketing methods, advertising and marketing
strategies, administrative procedures and manuals, the terms and conditions of the Company’s contracts and trademarks and
patents under consideration, distribution channels, franchises, investors, sponsors and advertisers; (iv) proprietary technical
information concerning products and services of the Company, its affiliates and/or its clients, business partners or customers,
including, without limitation, product data and specifications, diagrams, flow charts, know how, processes, designs, formulae,
inventions and product development; (v) lists of and/or information concerning applicants, candidates or other prospects for employment,
independent contractor or Advisor positions at or with any actual or prospective customer or client of Company and/or its affiliates,
any and all confidential processes, inventions or methods of conducting business of the Company, its affiliates and/or its clients,
business partners or customers; (vi) acquisition or merger targets; (vii) business plans or strategies, data, records, financial
information or other trade secrets concerning the actual or contemplated business, strategic alliances, policies or operations
of the Company or its affiliates; or (viii) any and all versions of proprietary computer software (including source and object
code), hardware, firmware, code, discs, tapes, data listings and documentation of the Company; or (ix any other confidential information
disclosed to the Advisor by, or which the Advisor obligated under a duty of confidence from, the Company, its affiliates, and/or
its clients, business partners or customers.


 


(c)          The
Advisor affirms that it does not possess and will not rely upon the protected trade secrets or confidential or proprietary information
of any third party in providing Services to the Company.


 


(d)          Upon
termination of this Agreement, the Advisor shall deliver forthwith to the Company any and all originals and copies of Confidential
Information.


 


7.          Governing
Law. All issues and disputes concerning, relating to or arising out of this Agreement, including, without limitation, the construction
and interpretation of this Agreement, shall be governed by and construed in accordance with the internal laws of the State of New
York, without giving effect to that State’s principles of conflicts of law.


 




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8.           Severability.
The Advisor and the Company agree that any provision of this Agreement deemed unenforceable or invalid may be reformed to permit
enforcement of the objectionable provision to the fullest permissible extent. Any provision of this Agreement deemed unenforceable
after modification shall be deemed stricken from this Agreement, with the remainder of the Agreement being given its full force
and effect.


 


9.           Amendment
and Waiver. Except as otherwise provided herein, no modification, amendment or waiver of any provision of this Agreement will
be effective unless such modification, amendment or waiver is approved in writing by both parties hereto. The failure of any party
to enforce any of the provisions of this Agreement will in no way be construed as a waiver of such provisions and will not affect
the right of such party thereafter to enforce each and every provision of this Agreement.


 


10.         Counterparts.
This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which together shall constitute
one and the same instrument. Facsimile signatures shall bind the parties hereto to the same extent as original signatures.


 


******


 


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


 


	ALLIANCE MMA, INC.    	 
	 	 
	By:	/s/ Paul K. Danner, III	 
	Name: Paul K. Danner, III	 
	Title: Chairman and CEO	 


 


	/s/ Jason Robinett	 
	Jason Robinett	 


 




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