# EDGAR Filing Document

**Accession Number:** 0001837254
**File Stem:** 0001213900-26-019334
**Filing Date:** 2026-2
**Character Count:** 66314
**Document Hash:** 3e3534ee544f65e3c9b0252e26ff747e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-019334.hdr.sgml**: 20260223

**ACCESSION NUMBER**: 0001213900-26-019334

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20260217

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260223

**DATE AS OF CHANGE**: 20260223

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Functional Brands Inc.
- **CENTRAL INDEX KEY:** 0001837254
- **STANDARD INDUSTRIAL CLASSIFICATION:** MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833]
- **ORGANIZATION NAME:** 03 Life Sciences
- **EIN:** 854094332
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-42936
- **FILM NUMBER:** 26665346

**BUSINESS ADDRESS:**
- **STREET 1:** 8605 SANTA MONICA BLVD
- **CITY:** WEST HOLLYWOOD
- **STATE:** CA
- **ZIP:** 90069
- **BUSINESS PHONE:** 7789383367

**MAIL ADDRESS:**
- **STREET 1:** 8605 SANTA MONICA BLVD
- **CITY:** WEST HOLLYWOOD
- **STATE:** CA
- **ZIP:** 90069

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HT Naturals Corp.
- **DATE OF NAME CHANGE:** 20201218

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

**Date of Report (Date of earliest event reported): February 17, 2026**

**Functional Brands Inc.**

**(Exact name of Registrant as Specified in its Charter)**

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-42936** | **85-4094332** |
| (State or other Jurisdiction<br> of Incorporation) | (Commission File Number) | (IRS Employer<br> Identification No.) |

---

**6400 SW Rosewood Street**

**Lake Oswego, Oregon 97035**

(Address of Principal Executive Offices) (Zip Code)

(Registrant's Telephone Number, Including Area Code): **(800) 245-8282**

**N/A**

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | |
|:---|:---|
| **Title of each class** | **Name of each exchange on which registered** |
| Common Stock, $0.00001 par value share MEHA | The Nasdaq Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

**Item 1.01. Entry into a Material Definitive Agreement.**

The description in Item 5.02 below, as it relates to the Executive Employment Agreement Amendment entered into with Mr. Eric Gripentrog, a copy of which is filed herewith as Exhibit 10.1, is incorporated in this Item 1.01 herein by reference.

**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

*Executive Employment Agreement Amendment*

On February 18, 2026, the Compensation Committee of the Board of Directors of Functional Brands Inc. (the "Company") approved Amendment No. 1 (the "Executive Employment Agreement Amendment") to the Executive Employment Agreement, dated as of March 1, 2025, by and between the Company and Eric Gripentrog, the Chief Executive Officer of the Company, to provide for extension of the vesting schedule for certain restricted stock units previously approved as compensation for the executive.

The foregoing description of the Executive Employment Agreement Amendment does not purport to be complete and is subject to and qualified in its entirety by reference to the full text of the form of Executive Employment Agreement Amendment, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

*Independent Director Agreements*

On February 17, 2026, the Company entered into formal agreements with the Company's independent directors (the "Independent Director Agreements"), Girard Smith, Lourdes Felix, and Steven Rossi (the "Independent Directors"). Under the Independent Director Agreements, each Independent Director will be entitled to (i) annual cash compensation totaling $60,000 and (ii) receive an initial grant, upon Board and stockholder approval of the Company's 2026 Equity Incentive Plan, of such number of stock options as may be determined by the Board of Directors of the Company, such options shall vest on the date of grant, and quarterly thereafter. The Independent Directors may also be entitled to annual cash compensation for services on committees of the Board. The Independent Director Agreements also provide for indemnification of each Independent Director by the Company.

The foregoing description of the Independent Director Agreements does not purport to be complete and is subject to, and qualified in its entirety by reference to the full text of the form of Independent Director Agreements, a copy of which is attached hereto as Exhibit 10.2, and is incorporated herein by reference.

**Item 9.01 Financial Statements and Exhibits.**

(d) <u>Exhibits</u>

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 10.1 | [Form of Executive Employment Agreement Amendment between the Company and Eric Gripentrog](ea027779201ex10-1_functional.htm) |
| 10.2 | [Form of Independent Director Agreements between the Company and each independent director](ea027779201ex10-2_functional.htm) |
| 104 | Cover Page Interactive Data File (Embedded within the Inline XBRL document) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| Date: February 23, 2026 | **FUNCTIONAL BRANDS INC.** | **FUNCTIONAL BRANDS INC.** |
|  | By: | */s/ Eric Gripentrog* |
|  | Name: | Eric Gripentrog |
|  | Title: | Chief Executive Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

**Amendment No. 1**

**To**

**Executive Employment Agreement**

This Amendment No. 1 (the "Amendment") to the Executive Employment Agreement, dated as of March 1, 2025, between Functional Brands Inc., a Delaware corporation (the "Company"), and Eric Griptentrog (the "Executive" ") (the "Original Agreement"), is dated as of February____, 2026.

Whereas, pursuant to the Original Agreement the Executive was retained by the Company to serve as its Chief Executive Officer ("CEO");

Whereas, Section 2 of the Original Agreement provides for certain compensation to be paid by the Company to the Executive for his services as CEO;

Whereas, the Company and the Executive wish to amend the Original Agreement to defer the vesting of certain performance equity awards due in respect of the listing of the Company's common stock on NASDAQ which listing was effected on November 5, 2025;

Whereas, after review by the Compensation Committee of the Company's Board of Directors, such Committee determined that this Amendment is in the best interests of the Company and recommended it be approved by the full Board of Directors; and

Whereas, the Board of Directors of the Company (with the Executive abstaining from vote) has approved this Amendment.

Now therefore, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Company and the Executive agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Capitalized terms used herein, but not otherwise defined, shall have the meanings attributed to them in the Original Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Section 2.4(a) of the Original Agreement is hereby deleted in its entirety and replaced with the following:

"(a) RSU's equal in aggregate value to $500,000 which will vest for $166,666 on May 5, 2026, $166,666 on January 5, 2027 and $166,668 on June 7, 2027, with such value being determined by the closing price of the Company's common stock on the date of vesting."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. All other terms and provisions of the Original Agreement remain in full force and effect.

In Witness Whereof, the parties hereto have executed and delivered this Amendment as of the date first above written.

---

| |
|:---|
| **FUNCTIONAL BRANDS INC.** |
| By: |
| Title: |
| **ERIC GRIPENTROG** |

---

---

| | |
|:---|:---|
| Acknowledged: | Acknowledged: |
| By: |  |
|  | Girard Smith, Chairman Compensation Committee |

---

## Exhibit 10.2

**Exhibit 10.2**

**FUNCTIONAL BRANDS INC.**

**INDEPENDENT DIRECTORS AGREEMENT**

This INDEPENDENT DIRECTORS AGREEMENT **("Agreement")** by and between Functional Brands Inc., a Delaware corporation (the **"Company"),** and the undersigned signatory (the **"Director"),** is effective as of November 5, 2025 (the date on which the Company's common stock became eligible for listing on Nasdaq) and provides for director services, according to the following terms and conditions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**I.**  **<u>Services Provided</u>** 

The Director agrees, subject to the Director's continued status as a director, to serve on the Company's Board of Directors (the **"Board"),** and to provide those services required of a director under the Company's certificate of incorporation and bylaws, as both may be amended from time to time **("Charter Documents")** and under the Delaware General Corporation Law s, the federal securities laws and other state and federal laws and regulations, as applicable, and the rules and regulations of the U.S. Securities and Exchange Commission (the **"SEC")** and any stock exchange or quotation system on which the Company's securities may be traded from time to time. Director will also serve as chairperson of the Board's committee specified on the signature page hereof and to serve on such other committees of the Board as he or she and the Board shall mutually agree.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;II. <u>Nature of Relationship</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. The Director is an independent contractor and will not be deemed as an employee of the Company for any
purposes by virtue of this Agreement. The Director shall be solely responsible for the payment or withholding of all federal, state, or
local income taxes, social security taxes, unemployment taxes, and any and all other taxes relating to the compensation he or she receives
under this Agreement. The Director shall not, in his or her capacity as a director of the Company, enter into any agreement or incur any
obligations on the Company's behalf, without appropriate Board action.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. The Company will supply, at no cost to the Director: periodic briefings on the business, director packages
for each board and committee meeting, copies of minutes of meetings and any other materials that are required under the Company's
Charter Documents or the charter of any committee of the Board on which the Director serves and any other materials which may, by mutual
agreement, be necessary for performing the services requested under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**III.**  **<u>Director's Representations and Warranties</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. The Director represents and warrants that no other party has exclusive rights to his services in the specific
areas in which the Company is conducting business and that the Director is in no way compromising any rights or trust between any other
party and the Director or creating a conflict of interest as a result of his or her participation on the Board. The Director also represents,
warrants and covenants that so long as the Director serves on the Board, the Director will not enter into another agreement that will
create a conflict of interest with this Agreement or the Company. The Director further represents, warrants and covenants that he or she
will comply with the Company's Charter Documents, policies and guidelines, all applicable laws and regulations, including Sections
10 and 16 of the Securities Exchange Act of 1934, as amended, and listing rules of The Nasdaq Stock Market LLC or any other stock exchanges
on which the Company's securities may be traded; that if he or she is designated by the Board as an independent director, he or
she shall promptly notify the Board of any circumstances that may potentially impair his or her independence as a director of the Company;
and that he or she shall promptly notify the Board of any arrangements or agreements relating to compensation provided by a third party
to him or her in connection with his or her status as a director of the Company or the services requested under this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Throughout the term of this Agreement, the Director agrees that he or she will not, without obtaining
the Company's prior written consent, directly or indirectly engage or prepare to engage in any activity in competition with the
Company's business, products or services, including without limitation, products or services in the development stage, accept employment
or provide services to (including but not limited to service as a member of a board of directors), or establish a business in competition
with the Company; provided, however, that the Director may serve or continue to serve as an officer or director of one or more entities
that are affiliated with the Company, including without limitation, entities in which the Company does not have a majority holding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**IV.**  **<u>Compensation</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. <u>Cash Fee.</u> Subject to Section VI and
 during the term of this Agreement, the Company shall pay the Director, if the Company does
 not otherwise compensate the Director as an officer or employee, a non-refundable fee of <u>$5,000</u> per month in consideration for the Director providing the services described
 in Section I which shall compensate him or her for all time spent preparing for, travelling
 to (if applicable) and attending Board or committee meetings. This cash fee may be revised
 by action of the Board from time to time. Such revision shall be effective as of the date
 specified in the resolution for payments not yet earned and need not be documented by an
 amendment to this Agreement to be effective. In addition, if the non-employee Director serves
 as the chairperson of any standing committee of the Board, he or she may be entitled to additional
 cash compensation as decided by the Board (or the compensation committee thereof) in its
 sole discretion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. <u>Payment.</u> Cash fees shall be paid quarterly
 at the beginning of each calendar quarter. No invoices need be submitted by the Director
 for payment of the cash fee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. <u>Expenses.</u> During the term of this Agreement, the Company will reimburse the Director for reasonable
 expenses approved by the Company in advance, such approval not to be unreasonably withheld.
 Invoices for expenses, with receipts attached, shall be submitted. Such invoices must be
 approved by the Company's Chief Executive Officer or Chief Financial Officer as to
 form and completeness.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. <u>Equity Compensation.</u> It is the Company's
 intention that once the Company's 2026 Equity Incentive Plan (the "Plan")
 is legally adopted (the "Effective Date") to award each independent Director
 that number of options to purchase the Company's common stock set forth on the signature
 page hereof. Such options will vest initially on the Effective Date in such amount as determined
 by the Board and thereafter vest quarterly in equal amounts on the following June 15, September
 15 and December 15. The exercise price for the options vesting on the Effective Date shall
 be equal to the closing price of the Company's common stock on the exchange where such
 stock is traded on the Effective Date. The exercise price for the subsequently vested options
 shall be equal to the exchange based closing price of the Company's common stock on
 the applicable vesting date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;V. <u>Indemnification and Insurance</u> 

The Company will execute an indemnification agreement in favor of the Director substantially in the form attached hereto as Exhibit A (the **"Indemnification Agreement'').** In addition, so long as the Company's indemnification obligations exist under the Indemnification Agreement, the Company shall provide the Director with directors' and officers' liability insurance coverage in the amounts specified in the Indemnification Agreement..

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VI. <u>Term of Agreement and Amendments</u> 

This Agreement shall be in effect from the date set forth above through the last date of the Director's current term as a member of the Board. This Agreement shall be automatically renewed on the date of the Director's reelection as a member of the Board for the period of such new term unless the Board determines not to renew this Agreement Any amendment to this Agreement must be approved by the Board. Amendments to Section IV **"Compensation"** hereof do not require the Director's consent to be effective.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VII. <u>Termination</u> 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. This Agreement shall automatically terminate upon the death of the Director or upon his resignation or
removal from, or failure to win election or reelection to, the Board. In the event of expiration or termination of this Agreement, the
Director agrees to return or destroy any materials transferred to the Director under this Agreement except as may be necessary to fulfill
any outstanding obligations hereunder. The Director agrees that the Company has the right of injunctive relief to enforce this provision.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. The Company's and the Director's continuing obligations hereunder in the event of expiration
or termination of this Agreement shall be subject to the terms of Section XIV hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**VIll.**  **<u>Limitation of Liability and Force Majeure</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Under no circumstances shall the Company be liable to the Director for any consequential damages claimed
by any other party as a result of representations made by the Director with respect to the Company which are materially different from
any to those made in writing by the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Furthermore, except for the maintenance of confidentiality, neither party shall be liable to the other
for delay in any performance, or for failure to render any performance under this Agreement when such delay or failure is caused by Government
regulations (whether or not valid), fire, strike, differences with workmen, illness of employees, flood, accident, or any other cause
or causes beyond reasonable control of such delinquent party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**IX.**  **<u>Confidentiality and Use of Director Information</u>** 

The Director explicitly consents to the Company holding and processing both electronically and manually the information that he or she provides to the Company or the data that the Company collects which relates to the Director for the purpose of the administration, management and compliance purposes, including but not limited to the Company's disclosure of any and all information provided by the Director in the Company's proxy statements, annual reports or other securities filings or reports pursuant to federal or state securities laws or regulations, and the Director agrees to promptly notify the Company of any misstatement of a material fact regarding the Director, and of the omission of any material fact necessary to make the statements contained in such documents regarding the Director not misleading.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;X. <u>Resolution of Dispute</u> 

Any dispute regarding this Agreement (including without limitation its validity, interpretation, performance, enforcement, termination and damages) shall be determined in accordance with the laws of the State of Delaware, the United States of America. Any action under this paragraph shall not preclude any party hereto from seeking injunctive or other legal relief to which each party may be entitled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XI. <u>Entire Agreement</u> 

This Agreement (including agreements executed in substantially the form of the exhibits attached hereto) supersedes all prior written or oral understandings or agreements, and, except as otherwise set forth herein, may not be added to, modified, or waived, in whole or in part, except by a writing signed by the party against whom such addition, modification or waiver is sought to be asserted.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XII. <u>Assignment</u> 

This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns and, except as otherwise expressly provided herein, neither this Agreement, nor any of the rights, interests or obligations hereunder shall be assigned by either of the parties hereto without the prior written consent of the other party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XIII. <u>Notices</u> 

Any and all notices, requests and other communications required or permitted hereunder shall be in writing, email receipt confirmed, registered mail or by facsimile, to each of the parties at the addresses provided. Any such notice shall be deemed given when received and notice given by registered mail shall be considered to have been given on the tenth (10th) day after having been sent in the manner provided for above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XIV. <u>Survival of Obligations</u> 

Notwithstanding the expiration or termination of this Agreement, neither party hereto shall be released hereunder from any liability or obligation to the other which has already accrued as of the time of such expiration or termination (including, without limitation, the Director's obligations to maintain the confidentiality of non-public Company information,, the Company's obligation to make any fees and expense payments required pursuant to Section IV due up to the date of the expiration or termination, and the Company's indemnification and insurance obligations set forth in Section V hereof) or which thereafter might accrue in respect of any act or omission of such party prior to such expiration or termination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XV. <u>Attorneys' Fees</u> 

If any legal action or other proceeding is brought for the enforcement of this Agreement, or because of a dispute, breach or default in connection with any of the provisions hereof: the successful or substantially prevailing party (including a party successful or substantially prevailing in defense) shall be entitled to recover its actual attorneys' fees and other costs incurred in that action or proceeding, in addition to any other relief to which it may be entitled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XVI. <u>Severability</u> 

Any provision of this Agreement which is determined to be invalid or unenforceable shall not affect the remainder of this Agreement, which shall remain in effect as though the invalid or unenforceable provision had not been included herein, unless the removal of the invalid or unenforceable provision would substantially defeat the intent, purpose or spirit of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;XVII. <u>Counterparts</u> 

This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one instrument. Execution and delivery of this Agreement by facsimile or other electronic signature is legal, valid and binding for all purposes.

[SIGNATURE PAGE FOLLOWS]

**IN WITNESS WHEREOF,** the parties hereto have caused this Board of Directors Agreement to be executed as of the date first written above.

---

| |
|:---|
| **FUNCTIONAL BRANDS INC.** |
| By: |
| Chief Executive Officer and Director |
| **DIRECTOR:** |
| Name: |

---

***Committee Chairperson of ___________________***

***Number of Options***

 **

**<u>EXHIBIT A</u>**

**FUNCTIONAL BRANDS INC.**

**INDEMNIFICATION AGREEMENT**

THIS INDEMN1FICATION AGREEMENT (this "Agreement"), by and between Functional Brands Inc, a Delaware corporation (the **"Company")** and the undersigned signatory **(''lndemnitee")** is effective as of November 5, 2025.

RECITALS

&nbsp;&nbsp;&nbsp;&nbsp;A. The Company and Indemnitee recognize the continued difficulty
in obtaining liability insurance for its directors, officers, employees, stockholders, controlling persons, agents and fiduciaries, the
significant increases in the cost of such insurance and the general reductions in the coverage of such insurance.

&nbsp;&nbsp;&nbsp;&nbsp;B. the Company and Indemnitee further recognize the substantial increase in corporate litigation in general,
which subjects directors, officers, employees, contro1ling persons, stockholders, agents and fiduciaries to expensive litigation risks
at the same time as the availability and coverage of liability insurance has been severely limited.

&nbsp;&nbsp;&nbsp;&nbsp;C. Indemnitee does not regard the current protection available
as adequate under the present circumstances, and Indemnitee and other directors, officers, employees, stockholders, controlling persons,
agents and fiduciaries of the Company may not be willing to serve in such capacities without additional protection.

&nbsp;&nbsp;&nbsp;&nbsp;D. The Company (i) desires to attract and retain highly qualified
individuals and entities, such as Indemnitee, to serve the Company and, in part, in order to induce Indemnitee to be involved with the
Company and (ii) wishes to provide for the indemnification and advancing of expenses to Indemnitee to the maximum extent permitted by
law.

&nbsp;&nbsp;&nbsp;&nbsp;E. This Agreement forms part of the consideration for Indemnitee
to serve, or to continue to serve, as an officer or director of the Company, and allows Indemnitee to fulfill his or her fiduciary duties
under law and take on actions for or on behalf of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;F. In view of the considerations set forth above, the Company
desires that Indemnitee be indemnified by the Company as set forth herein.

**NOW, THEREFORE,** in consideration of the premises and the covenants contained herein, the Company and Indemnitee hereby agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;**1.**  **<u>Indemnification</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Indemnification of Expenses.</u> The
 Company shall indemnify and hold harmless Indemnitee (including its respective directors,
 officers, partners, former partners, members, former members, employees, agents and spouse,
 as applicable) and each person who controls any of them or who may be liable within the meaning
 of Section 15 of the Securities Act of 1933, as amended (the **"Securities Act"),** or Section 20 of the Securities Exchange Act of 1934, as amended (the **"Exchange Act"),** to the fullest extent permitted by law if lndemnitee was or is or becomes
 a party to or witness or other participant in, or is threatened to be made a party to or
 witness or other participant in, any threatened, pending or completed action, suit, proceeding
 or alternative dispute resolution mechanism, or any hearing, inquiry or investigation that
 Indemnitee believes might lead to the institution of any such action, suit, proceeding or
 alternative dispute resolution mechanism, whether civil, criminal, administrative, investigative
 or other (hereinafter a **"Claim")** by reason of (or arising in part or in
 whole out of) any event or occurrence related to the fact that Indemnitee is or was or may
 be deemed a director, officer, stockholder, employee, controlling person, agent or fiduciary
 of the Company, or any subsidiary of the Company, or is or was or may be deemed to be serving
 at the request of the Company as a director, officer, stockholder, employee, controlling
 person, agent or fiduciary of another corporation, partnership, limited liability company,
 joint venture, trust or other enterprise, or by reason of any action or inaction on the part
 of Indemnitee while serving in such capacity including, without limitation, any and all losses,
 claims, damages, expenses and liabilities, joint or several (including any investigation,
 legal and other expenses incurred in connection with, and any amount paid in settlement of,
 any action, suit, proceeding or any claim asserted) under the Securities Act, the Exchange
 Act or other federal or state statutory law or regulation, at common law or otherwise or
 which relate directly or indirectly to the registration, purchase, sale or ownership of any
 securities of the Company or to any fiduciary obligation owed with respect thereto or as
 a direct or indirect result of any Claim made by any stockholder of the Company against Indemnitee
 and arising out of or related to any round of financing of the Company (including but not
 limited to Claims regarding non-participation, or non-pro rata participation, in such round
 by such stockholder), or made by a third party against Indemnitee based on any misstatement
 or omission of a material fact by the Company in violation of any duty of disclosure imposed
 on the Company by federal or state securities or common laws (hereinafter an **"Indemnification Event")** against any and all expenses (including attorneys' fees and all other
 costs, expenses and obligations incurred in connection with investigating, defending a witness
 in or participating in (including on appeal), or preparing to defend, be a witness in or
 participate in, any such action, suit, proceeding, alternative dispute resolution mechanism,
 hearing, inquiry or investigation), judgments, fines, penalties and amounts paid in settlement
 (if, and only if, such settlement is approved in advance by the Company, which approval shall
 not be unreasonably withheld) of such Claim and any federal, state, local or foreign taxes
 imposed on Indemnitee as a result of the actual or deemed receipt of any payments under this
 Agreement (collectively, hereinafter **"Expenses"),** including all interest,
 assessments and other charges paid or payable in connection with or in respect of such Expenses.
 Such payment of Expenses shall be made by the Company as soon as practicable but in any event
 no later than ten (15) days after written demand by Indemnitee therefor is presented to the
 Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Reviewing Party.</u> Notwithstanding
 the foregoing, (i) the obligations of the Company under Section l(a) shall be subject to
 the condition that the Reviewing Party(as described in Section 10(e) hereof) shall not have
 determined (in a written opinion, in any case in which the Independent Legal Counsel referred
 to in Section 1(e) hereof is involved) that Indemnitee would not be permitted to be indemnified
 under applicable law, and (ii) Indemnitee acknowledges and agrees that the obligation of
 the Company to make an advance payment of Expenses to Indemnitee pursuant to Section2(a)
 (an **"Expense Advance")** shall be subject to the condition that, if, when
 and to the extent that the Reviewing Party determines that Indemnitee would not be permitted
 to be so indemnified under applicable law, the Company shall be entitled to be reimbursed
 by Indemnitee (who hereby agrees to reimburse the Company) for all such amounts theretofore
 paid; provided, however, that if Indemnitee has commenced or thereafter commences legal proceedings
 in a court of competent jurisdiction to secure a determination that Indemnitee should be
 indemnified under applicable law, any determination made by the Reviewing Party that Indemnitee
 would not be permitted to be indemnified under applicable law shall not be binding and Indemnitee
 shall not be required to reimburse the Company for any Expense Advance until a final judicial
 determination is made with respect thereto (as to which all rights of appeal therefrom have
 been exhausted or lapsed). Indemnitee's obligation to reimburse the Company for any
 Expense Advance shall be unsecured and no interest shall be charged thereon. If there has
 not been a Change in Control (as defined in Section 10(c) hereof), the Reviewing Party shall
 be selected by the Company's Board of Directors (the **"Board"),** and
 if there has been such a Change in Control (other than a Change in Control which has been
 approved by a majority of the Board who were directors immediately prior to such Change in
 Control), the Reviewing Party shall be the Independent Legal Counsel referred to in Section
 l(e) hereof. If there has been no determination by the Reviewing Party or if the Reviewing
 Party determines that Indemnitee substantively would not be permitted to be indemnified in
 whole or in part under applicable law, Indemnitee shall have the right to commence litigation
 seeking an initial determination by the court or challenging any such determination by the
 Reviewing Party or any aspect thereof, including the legal or factual bases therefor, and
 the Company hereby consents to service of process and to appear in any such proceeding. Any
 determination by the Reviewing Party otherwise shall be conclusive and binding on the Company
 and Indemnitee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. <u>Contribution.</u> If the indemnification
 provided for in Section l(a) above for any reason is determined by the Reviewing Party or
 held by a court of competent jurisdiction to be unavailable to Indemnitee in respect of any
 losses, claims, damages, expenses or liabilities referred to therein, then the Company, in
 lieu of indemnifying Indemnitee thereunder, shall, to the fullest extent permissible under
 applicable law, contribute to the amount paid or payable by Indemnitee as a result of such
 losses, claims, damages, expenses or liabilities in such proportion as is appropriate to
 reflect the relative benefits received by the Company and Indemnitee and the relative fault
 of the Company and Indemnitee in connection with the action or inaction which resulted in
 such losses, claims, damages, expenses or liabilities, as well as any other relevant equitable
 considerations. In connection with losses, claims, damages, expenses or liabilities resulting
 from the registration and public offering of the Company's securities, the relative
 benefits received by the Company and Indemnitee shall be deemed to be in the same respective
 proportions that the net proceeds from the offering (before deducting expenses) received
 by them, in each case as set forth in the table on the cover page of the applicable prospectus,
 bear to the aggregate public offering price of the securities so offered. The relative fault
 of the Company and Indemnitee shall be determined by reference to, among other things, whether
 the untrue or alleged untrue statement of a material fact or the omission or alleged omission
 to state a material fact relates to information supplied by the Company or Indemnitee and
 the parties' relative intent, knowledge, access to information and opportunity to correct
 or prevent such statement or omission.

The Company and Indemnitee agree that it would not be just and equitable if contribution pursuant to this Section l(c) were determined by pro rata or per capita allocation or by any other method of allocation which does not take account of the equitable considerations referred to in the immediately preceding paragraph. In connection with losses, claims, damages, expenses or liabilities resulting from the registration of the Company's securities, in no event shall Indemnitee be required to contribute any amount under this Section 1(c) in excess of the lesser of (i) that proportion of the total of such losses, claims, damages or liabilities indemnified against equal to Indemnitee's proportion of the total securities being offered under such registration statement or (ii) the proceeds received by Indemnitee from its securities sold under the registration statement. Notwithstanding this Section l(c), no person found guilty of fraudulent misrepresentation {within the meaning of Section 1l(f) of the Securities Act) shall be entitled to contribution from any person who was not found guilty of such fraudulent misrepresentation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. <u>Survival Regardless of Investigation.</u> The indemnification and contribution provided for in this Section 1 will remain in full force
 and effect regardless of any investigation made by or on behalf of Indemnitee or any officer,
 director, employee, agent or controlling person of Indemnitee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. <u>Change in Control.</u> The Company
 agrees that if there is a Change in Control of the Company (other than a Change in Control
 which has been approved by a majority of the Board who were directors immediately prior to
 such Change in Control) then, with respect to all matters thereafter arising concerning the
 rights of Indemnitee to payments of Expenses under this Agreement or any other agreement
 or under the Company's Certificate of Incorporation, as amended (the **"Certificate")** or Bylaws as now or hereafter in effect, Independent Legal Counsel (as defined in Section
 10(d) hereof) shall be selected by Indemnitee and approved by the Company (which approval
 shall not be unreasonably withheld). Such counsel, among other things, shall render its written
 opinion to the Company and Indemnitee as to whether and to what extent Indemnitee would be
 permitted to be indemnified under applicable law. The Company agrees to abide by such opinion
 and to pay the reasonable fees of the Independent Legal Counsel referred to above and to
 fully indemnify such counsel against any and all expenses (including attorneys' fees),
 claims, liabilities and damages arising out of or relating to this Agreement or its engagement
 pursuant hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. <u>Mandatory Payment of Expenses.</u> Notwithstanding any other provision of this Agreement, to the extent that Indemnitee has
 been successful on the merits or otherwise, including, without limitation, the dismissal
 of an action without prejudice, in the defense of any action, suit, proceeding, inquiry or
 investigation referred to in Section l(a) hereof or in the defense of any claim, issue or
 matter therein, Indemnitee shall be indemnified against all Expenses incurred by Indemnitee
 in connection herewith.

&nbsp;&nbsp;&nbsp;&nbsp;**2.**  **<u>Expenses: Indemnification Procedure</u>.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Advancement of Expenses.</u> Subject
 to Section 1(b) hereof, the Company shall advance all Expenses incurred by Indemnitee. The
 advances to be made hereunder shall be paid by the Company to Indemnitee as soon as practicable
 but in any event no later than fifteen (15) days after written demand by Indemnitee therefor
 to the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Notice/Cooperation by Indemnitee.</u> Indemnitee shall give the Company written notice as soon as practicable of any Claim made
 against Indemnitee for which indemnification will or could be sought under this Agreement;
 provided, however, that any failure or delay in giving such notice shall not relieve the
 Company of its obligations under this Agreement unless and to the extent that (i) the Company
 is not aware of such Claim and (ii) the Company is materially prejudiced by such failure
 or delay. The written notice to the Company shall include a description of the nature of
 and the facts underlying the Claim and be directed to the Chief Executive Officer of the
 Company at the address shown on the signature page of this Agreement (or such other address
 as the Company shall designate in writing to Indemnitee).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. <u>No Presumptions; Burden of Proof.</u> For purposes of this Agreement, the termination of any Claim by judgment, order, settlement
 (whether with or without court approval) or conviction, or upon a plea of nolo contendere,
 or its equivalent, shall not create a presumption that Indemnitee did not meet any particular
 standard of conduct or have any particular belief or that a court has determined that indemnification
 is not permitted by applicable law. In addition, neither the failure of the Reviewing Party
 to have made a determination as to whether Indemnitee has met any particular standard of
 conduct or had any particular belief, nor an actual determination by the Reviewing Party
 that Indemnitee has not met such standard of conduct or did not have such belief, prior to
 the commencement of legal proceedings by Indemnitee to secure a judicial determination that
 Indemnitee should be indemnified under applicable law, shall be a defense to Indemnitee's
 claim or create a presumption that Indemnitee has not met any particular standard of conduct
 or did not have any particular belief. In connection with any determination by the Reviewing
 Party or otherwise as to whether Indemnitee is entitled to be indemnified hereunder, the
 burden of proof shall be on the Company to establish that Indemnitee is not so entitled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. <u>Notice to Insurers.</u> If, at the
 time of the receipt by the Company of a notice of a Claim pursuant to Section 2(b) hereof,
 the Company has liability insurance in effect which may cover such Claim, the Company shall
 give prompt written notice of the commencement of such Claim to the applicable . insurers
 in accordance with the procedures set forth in each of the policies. The Company shall thereafter
 take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee,
 all amounts payable as a result of such action, suit, proceeding, inquiry or investigation
 in accordance with the terms of such policies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. <u>Selection of Counsel.</u> In the event
 the Company is obligated hereunder to pay the Expenses of any Claim, the Company shall be
 entitled to participate in the proceeding and assume the control of the defense of such Claim,
 with counsel reasonably approved by Indemnitee (such approval shall not be unreasonably withheld,
 delayed or conditioned), upon the delivery to Indemnitee of written notice of its election
 to do so. After delivery of such notice, approval of such counsel by Indemnitee and the retention
 of such counsel by the Company, the Company will not be liable to Indemnitee under this Agreement
 for any fees of counsel subsequently incurred by Indemnitee with respect to the same Claim;
 provided that, (i) Indemnitee shall have the right to employ Indemnitee's counsel in
 any such Claim at Indemnitee's sole expense; (ii) Indemnitee shall have the right to
 employ Indemnitee's own counsel in connection with such proceeding, at the expense
 of the Company, if such counsel serves in a review, observer, advice and counseling capacity
 and does not otherwise materially control or participate in the defense of such Claim; and
 (iii) if the Company and Indemnitee have mutually concluded that there is a conflict of interest
 between them in the conduct of the defense of such Claim, then Indemnitee is entitled to
 retain its own counsel and the reasonable fees and expenses of Indemnitee's counsel
 reasonably approved by the Company (such approval shall not be unreasonably withheld, delayed
 or conditioned) shall be at the expense of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;**3.**  **<u>Additional Indemnification Rights: Non-Exclusivity.</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Scope.</u> The Company hereby agrees
 to indemnify Indemnitee for the Expenses of any Claim to the fullest extent permitted by
 law, even if indemnification is not specifically authorized by the other provisions of this
 Agreement or any other agreement, the Company's Certificate and Bylaws or by statute.
 In the event of any change after the date of this Agreement in any applicable law, statute
 or rule which expands the right of a Delaware corporation to indemnify a member of its board
 of directors or an officer, employee, agent or fiduciary, it is the intent of the parties
 hereto that Indemnitee shall enjoy by this Agreement the greater benefits afforded by such
 change. In the event of any change in any applicable law, statute or rule which narrows the
 right of a Delaware corporation to indemnify a member of its board of directors or an officer,
 employee, agent or fiduciary, such change, to the extent not otherwise required by such law,
 statute or rule to be applied to this Agreement, shall have no effect on this Agreement or
 the parties' rights and obligations hereunder except as set forth in Section 8(a) hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Non-Exclusivity.</u> Notwithstanding
 anything in this Agreement, the indemnification provided by this Agreement shall be in addition
 to any rights to which Indemnitee may be entitled under the Company's Certificate or
 Bylaws, any agreement, any vote of stockholders or disinterested directors, the laws of the
 State of Delaware, or otherwise. Notwithstanding anything in this Agreement, the indemnification
 provided under this Agreement shall continue as to Indemnitee for any action Indemnitee took
 or did not take while serving in an indemnified capacity even though Indemnitee may have
 ceased to serve in such capacity and indemnification shall inure to the benefit of Indemnitee
 from and after Indemnitee's first day of service as a director with the Company or
 affiliation with a director from and after the date such director commences services as a
 director with the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. <u>No Duplication of Payments.</u> Notwithstanding
 anything herein to the contrary, the Company shall not be liable under this Agreement to
 make any payment in connection with any Claim made against Indemnitee to the extent Indemnitee
 has otherwise actually received payment (under any insurance policy, any other agreement,
 the Company's Certificate and Bylaws or otherwise) of the amounts otherwise indemnifiable
 hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. <u>Partial Indemnification.</u> If Indemnitee
 is entitled under any provision of this Agreement to indemnification by the Company for any
 portion of Expenses incurred in connection with any Claim, but not, however, for all of the
 total amount thereof, the Company shall nevertheless indemnify Indemnitee for the portion
 of such Expenses to which Indemnitee is entitled thereunder.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. <u>Mutual Acknowledgement.</u> The Company
 and Indemnitee acknowledge that in certain instances, applicable law or public policy may
 prohibit the Company from indemnifying its directors, officers, employees, controlling persons,
 agents or fiduciaries under this Agreement or otherwise.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. <u>Liability Insurance.</u> During any period of time Indemnitee is entitled to indemnification rights under this Agreement,
 the Company shall maintain liability insurance applicable to directors, officers, employees,
 control persons, agents or fiduciaries, Indemnitee shall be covered by such policies in such
 a manner as to provide Indemnitee the same rights and benefits as are accorded to the most
 favorably insured of the Company's directors, if Indemnitee is a director, or of the
 Company's officers, if Indemnitee is not a director of the Company but is an officer;
 or of the Company's key employees, controlling persons, agents or fiduciaries, if Indemnitee
 is not an officer or director but is a key employee, agent, control person, or fiduciary.
 Said liability insurance shall provide coverage amounts of no less than $1 million and shall
 be held with an insurance carrier which the Board believes is of financially sound condition.
 Further, the Company shall at all times maintain a cash reserve of $2 million as a self-insurance
 fund to backstop any indemnification obligations pursuant to this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;**4.**  **<u>Exceptions.</u>** Any other provision herein to the contrary notwithstanding, the Company shall not be obligated
 pursuant to the terms of this Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. <u>Claims Under Section 16{b).</u> To
 indemnify Indemnitee for Expenses arising from or in connection with any Claims for which
 a final decision by a court having jurisdiction in the matter detern1ines that Indemnitee
 sold or purchased the Company's securities in violation of Section 16(b) of the Exchange
 Act or any similar successor statute;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. <u>Compensation Recovery Claims.</u> To indemnify Indemnitee for Expenses arising from or in connection with any Claims for any
 reimbursement of the Company by Indemnitee of any bonus or other incentive-based or equity-based
 compensation or of any profits realized by Indemnitee from the sale of securities of the
 Company, as required under the Exchange Act (including any such reimbursements that rise
 from an accounting restatement of the Company pursuant to Section 304 of the Sarbanes-Oxley
 Act of 2002, as amended (the **"Sarbanes-Oxley Act"),** or the payment to
 the Company of profits arising from the purchase and sale by Indemnitee of securities in
 violation of Section 306 of the Sarbanes-Oxley Act);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. <u>Indemnitee Claims.</u> To indemnify
 Indemnitee for Expenses arising from or in connection with any Claims initiated or brought
 voluntarily by Indemnitee not by way of defense, except with respect to Claims brought to
 establish or enforce a right to indemnification under this Agreement, the Company's
 Certificate and Bylaws or any applicable law;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. <u>Unlawful Indemnification.</u> To indemnify
 Indemnitee for Expenses arising from or in connection with any Claims for which a final decision
 by a court having jurisdiction in the matter determines that such indemnification is not
 lawful;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. <u>Fraud.</u> To indemnify Indemnitee
 for Expenses arising from or in connection with any Claims for which a final decision by
 a court having jurisdiction in the matter determines that Indemnitee has committed fraud
 on the Company; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;f. <u>Insurance.</u> To indemnify Indemnitee
 for which payment is actually and fully made to Indemnitee under a valid and collectible
 insurance policy.

&nbsp;&nbsp;&nbsp;&nbsp;**5.**  **<u>Period of Limitations.</u>** No legal action shall be brought and no cause of action shall be
 asserted by or in the right of the Company against Indemnitee or Indemnitee's estate,
 spouse, heirs, executors or personal or legal representatives after the expiration of five
 (5) years from the date of accrual of such cause of action, and any claim or cause of action
 of the Company shall be extinguished and deemed released unless asserted by the timely filing
 of a legal action within such five (5) year period; provided, however, that if any shorter
 period of limitations is otherwise applicable to any such cause of action, such shorter period
 shall govern.

&nbsp;&nbsp;&nbsp;&nbsp;**6.**  **<u>Construction of Certain Phrases</u>.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. For purposes of this Agreement, references to the **"Company"** shall include, in addition
to the resulting corporation, any constituent corporation (including any constituent of a constituent) absorbed in a consolidation or
merger which, if its separate existence had continued, would have had power and authority to indemnify its directors, officers, employees,
agents or fiduciaries, so that if Indemnitee is or was or may be deemed a director, officer, employee, agent, control person, or fiduciary
of such constituent corporation, or is or was or may be deemed to be serving at the request of such constituent corporation as a director,
officer, employee, control person, agent or fiduciary of another corporation, partnership, joint venture, employee benefit plan, trust
or other enterprise, Indemnitee shall stand in the same position under the provisions of this Agreement with respect to the resulting
or surviving corporation as Indemnitee would have with respect to such constituent corporation if its separate existence had continued.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. For purposes of this Agreement, references to **"other enterprise"** shall include any
employee benefit plan of the Company; references to **"fines"** shall include any excise taxes assessed on Indemnitee with
respect to an employee benefit plan; and references to **"serving at the request of the Company"** shall include any service
as a director, officer, employee, agent or fiduciary of the Company which imposes duties on, or involves services by, such director, officer,
employee, agent or fiduciary with respect to an employee benefit plan of the Company, its participants or its beneficiaries.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. For purposes of this Agreement a **"Change in Control"** shall be deemed to have occurred
if (i) any **"person"** (as such term is used in Sections 13(d)(3) and 14(d)(2) of the Exchange Act), other than a trustee
or other fiduciary holding securities under an employee benefit plan of the Company or a corporation owned directly or indirectly by the
stockholders of the Company in substantially the same proportions as their ownership of stock of the Company, (A) who is or becomes the
beneficial owner, directly or indirectly, of securities of the Company representing 20% or more of the combined voting power of the Company's
then outstanding Voting Securities, increases beneficial ownership of such securities by 5% or more,. or (B) becomes the **"beneficial owner"** (as defined in Rule 13d-3 under said Exchange Act), directly or indirectly, of securities of the Company representing
more than 30% of the total voting power represented by the Company's then outstanding Voting Securities, (ii) during any period
of two consecutive years, individuals who at the beginning of such period constitute the Board and any new director whose election by
the Board or nomination for election by the Company's stockholders was approved by a vote of at least two-thirds (2/3) of the directors
then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously
so approved, cease for any reason to constitute a majority thereof, or (iii) the stockholders of the Company approve a merger or consolidation
of the Company with any other corporation other than a merger or consolidation which would result in the Voting Securities of the Company
outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into Voting Securities
of the surviving entity) at least two-thirds (2/3) of the total voting power represented by the Voting Securities of the Company or such
surviving entity outstanding immediately after such merger or consolidation, or the stockholders of the Company approve a plan of complete
liquidation of the Company or an agreement for the sale or disposition by the Company of (in one transaction or a series of transactions)
all or substantially all of the Company's assets. **"Voting Securities"** shall mean any securities of the Company
that vote generally in the election of directors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d. For purposes of this Agreement, **"Independent Legal Counsel"** shall mean an attorney
or firm of attorneys, selected in accordance with the provisions of Section l(e) hereof, who shall not have otherwise performed services
for the Company or Indemnitee within the last three (3) years (other than with respect to matters concerning the right of Indemnitee under
this Agreement, or of other indemnitees under similar indemnity agreements).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e. For purposes of this Agreement, a **"Reviewing Party"** shall mean any appropriate person
or body consisting of a member or members of the Board or any other person or body appointed by the Board, who is not a party to the particular
Claim for which Indemnitee is seeking indemnification, such as a committee of the Board or Independent Legal Counsel.

&nbsp;&nbsp;&nbsp;&nbsp;**3.**  **<u>Counterparts.</u>** This Agreement may be executed in one or more counterparts, each of which shall constitute
 an original.

&nbsp;&nbsp;&nbsp;&nbsp;**4.**  **<u>Binding Effect; Successors and Assigns.</u>** This Agreement shall be binding upon and inure to
 the benefit of and be enforceable by the parties hereto and their respective successors,
 assigns, including any direct or indirect successor by purchase, merger, consolidation or
 otherwise to all or substantially all of the business and/or assets of the Company, spouses,
 heirs, and personal and legal representatives. The Company shall require and cause any successor
 (whether direct or indirect by purchase, merger, consolidation or otherwise) to all, substantially
 all, or a substantial part, of the business and/or assets of the Company, by written agreement
 in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform
 this Agreement in the same manner and to the same extent that the Company would be required
 to perform if no such succession had taken place. This Agreement shall continue in effect
 with respect to Claims relating to Indemnifiable Events regardless of whether Indemnitee
 continues to serve as a director, officer, employee, agent, controlling person, or fiduciary
 of the Company or of any other enterprise, including subsidiaries of the Company, at the
 Company's request.

&nbsp;&nbsp;&nbsp;&nbsp;**5.**  **<u>Attorneys' Fees.</u>** In the event that any action is instituted by Indemnitee under this Agreement
 or under any liability insurance policies maintained by the Company to enforce or interpret
 any of the terms hereof or thereof, Indemnitee shall be entitled to be paid all Expenses
 incurred by Indemnitee with respect to such action if Indemnitee is ultimately successful
 in such action. In the event of an action instituted by or in the name of the Company under
 this Agreement to enforce or interpret any of the terms of this Agreement, Indemnitee shall
 be entitled to be paid Expenses incurred by Indemnitee in the defense of such action (including
 costs and expenses incurred with respect to Indemnitee counterclaims and cross-claims made
 in such action), and shall be entitled to the advancement of Expenses with respect to such
 action, in each case only to the extent that Indemnitee is ultimately successful in such
 action.

&nbsp;&nbsp;&nbsp;&nbsp;**6.**  **<u>Notice.</u>** All notices and other communications required or permitted hereunder shall be in writing,
 shall be effective when given, and shall in any event be deemed to be given (a) five (5)
 days after deposit with the U.S. Postal Service or other applicable postal service, if delivered
 by fast class mail, postage prepaid, (b) upon delivery, if delivered by hand, (c) one business
 day after the business day of deposit with Federal Express or similar overnight courier,
 freight prepaid, or (d) one day after the business day of delivery by facsimile transmission,
 if deliverable by facsimile transmission, with copy by first class mail, postage prepaid,
 and shall be addressed if to Indemnitee, at Indemnitee' s address as set forth beneath
 the Indemnitee's signature to this Agreement and if to the Company at the address of
 its principal corporate offices (attention: Secretary) or at such other address as such party
 may designate by ten (10) days' advance written notice to the other party hereto.

&nbsp;&nbsp;&nbsp;&nbsp;**7.**  **<u>Severability.</u>** The provisions of this Agreement shall be severable in the event that any of the provisions
 hereof (including any provision within a single section, paragraph or sentence) are held
 by a court of competent jurisdiction to be invalid, void or otherwise unenforceable, and
 the remaining provisions hereof shall remain enforceable to the fullest extent permitted
 by law. Furthermore, to the fullest extent possible, this Agreement (including, without limitations,
 each portion of this Agreement containing any provision held to be invalid, void or otherwise
 unenforceable, that is not itself invalid, void or unenforceable) shall be construed so as
 to give effect to the intent manifested by the provision held invalid, illegal or unenforceable.

&nbsp;&nbsp;&nbsp;&nbsp;**8.**  **<u>Resolution of Dispute.</u>** This Agreement shall be governed by and its provisions construed and
 enforced in accordance with the laws of the State of Delaware, without regard to the conflict
 of laws principles thereof. To the fullest extent permitted by law, and unless the Company
 consents in writing to the selection of an alternative forum, the Courts of the State of
 Delaware shall be the sole and exclusive forum for all purposes in connection with any dispute
 regarding, arising out of or relating to this Agreement (including without limitation its
 validity, interpretation, performance, enforcement, termination and damages).

 ****

&nbsp;&nbsp;&nbsp;&nbsp;***9.***  **<u>Subrogation.</u>** In the event of payment under this Agreement, the Company shall be subrogated to the extent
 of such payment to all of the rights of recovery of Indemnitee who shall execute all documents
 required and shall do all acts that may be necessary to secure such rights and to enable
 the Company effectively to bring suit to enforce such rights.

&nbsp;&nbsp;&nbsp;&nbsp;**10.**  **<u>Amendment and Termination.</u>** No amendment, modification, termination or cancellation of this
 Agreement shall be effective unless it is in writing signed by the parties to be bound thereby.
 Notice of same shall be provided to all parties hereto. No waiver of any of the provisions
 of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof
 (whether or not similar) nor shall such waiver constitute a continuing waiver.

&nbsp;&nbsp;&nbsp;&nbsp;**11.**  **<u>Corporate Authority.</u>** The Board has approved the terms of this Agreement.

**IN WITNESS WHEREOF,** the parties hereto have executed this Indemnification Agreement on and as of the day and year first above written.

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| | |
|:---|:---|
| **FUNCTIONAL BRANDS INC.** | **FUNCTIONAL BRANDS INC.** |
| By: |  |
| Name: |  |
| Title: | Chief Executive Officer and Director |
| **INDEMNITEE:** | **INDEMNITEE:** |
| By: |  |
| Name: |  |

---