Document:

gryn_ex1010.htm

EXHIBIT 10.10
 
CONSULTING AGREEMENT
 
THIS AGREEMENT dated for reference the 15th day of February 2020 (the "Effective Date") BETWEEN:
 
GREEN HYGIENICS HOLDINGS INC.
13795 Blaisdell Place, Suite 202
Poway, CA 92064
(the "Company")
 
AND:
 
Todd Mueller
3600 S. Pierce St. #1-102
Denver, Colorado 80235
(the "Consultant")
 
NOW THEREFORE in consideration of the premises and the covenants and agreements of the parties hereto as hereinafter set forth, and for other good and reliable consideration, the sufficiency of which is hereby acknowledged by the parties, the parties hereto covenant and agree as follows:
  
	1.	Engagement. The Company does hereby appoint and engage the Consultant to provide the Services (as defined below) and the Consultant hereby accepts such appointment and engagement by the Company, all upon and subject to the terms and conditions of this Agreement.
	 
	 

	2.	Services. During the Term (as defined in Section 4), the Consultant shall provide to the Company:

    
	 
	- 	Fulfill role of the Chief Financial Officer
	 
	 
	 

	 
	- 	Provide general advisory services, strategic planning advice, and lead all corporate administration activities.

    
	3.	Payment for Services.

    
	 
	i)	The Consultant shall be paid a monthly fee of $ 0 USD (the “Base Fee”’ for the Services together with any other compensation that the Company, in its sole discretion, may decide, payable upon receipt of the Consultant’s invoice.
	 
	 
	 

	 
	ii)	The Consultant shall receive an annual allocation of 100,000 Common Shares orOptions. The first issuance of 50,000 will be payable upon execution of this agreement and the balance at six months mark. Beyond this first year a compensation committee will determine the annual allocation of shares.
	 
	 
	 

	 
	iii)	Bonus - Consultant will be eligible for annual performance bonuses, or milestone achievement bonuses, in cash and/or common shares as per company programs at the sole discretion of the Board of Directors. Reviews of total compensation are by the Board of Directors or the Compensation Committee in their annual review, or at whatever meeting interval as not yet established. The Consultant will be eligible for any stock option programs put into place after public listing, as reviewed and approved by the Board of Directors, or Compensation Committee in its annual review.
	 
	 
	 

	 
	All reasonable expenses of, or incidental to the services contemplated hereunder, including all reasonable expenses of or incidental to the services provided, shall be borne by the Company. Such expenses shall include reasonable "out-of-pocket" expenses. The Company shall have the right to pre-approve any expense that in total may reasonably be expected to exceed $1000 USD and may be required from time to time. All expenses shall be paid upon submission of invoices.

      
	4.	Term and Renewal. The term of this Agreement shall commence on the Effective Date and an initial 6 months (to be re-evaluated after six months (the "Term"}, unless earlier terminated as hereinafter provided or unless the parties have agreed to renew this Agreement.
	 
	 

	 
	Following the evaluation period the Company and the Consultant may extend the Term for up to 5 years on similar terms and conditions by further agreement in writing to that effect.

	 
	 

	 
	The Company may terminate this Agreement for any reason prior to the expiry of this Agreement with 30-day notice and full vesting of stock or stock options for the period of engagement. The Consultant may end this Agreement with 30 days written notice prior to the end of the term.

     
	 
	1
	 

	 

    
	5.	Limited Authority as Agent. The Consultant may not act as an agent of the Company except with the express prior written authority of the Company. Without limiting the generality of the foregoing, the Consultant shall not commit or be entitled to commit the Company to any obligation whatsoever nor shall the Consultant incur or be entitled to incur any debt or liability whatsoever on behalf of the Company, without the express prior written authority of the Company. Any obligations, debts or liabilities incurred other than as aforesaid shall be exclusively for the account of the Consultant.
	 
	 

	6.	Confidentiality. The Consultant understands and agrees that in the performance of its obligations under this Agreement. the Consultant may obtain knowledge of Confidential Information (as defined below) relating to the business or affairs of the Company or of any of its subsidiaries or affiliated companies. The Consultant agrees that it shall not, without the prior written consent of the Company, either during the Term or at any time thereafter:

    
	 
	(a)	use or disclose any Confidential Information outside of the Company (or any of its subsidiary or affiliated companies) or for any use or purpose other than those of the Company (or any of its subsidiary or affiliated companies);
	 
	 
	 

	 
	(b)	publish any article with respect thereto; or
	 
	 
	 

	 
	(c)	except in providing the Services, remove or aid in the removal from the premises of the Company any Confidential Information or any property or material relating thereto.

  
	7.	In this Agreement, "Confidential Information" means any information or knowledge including, without limitation, any inventions, typography, formula, pattern, design, system, program, device, software, plan, process, know how, research, discovery, strategy, method, idea, client list, marketing strategy, employee compensation, document, materials, records, copies, adaptations, or compilation of information that:

   
	 
	(a)	relates to the business or affairs of the Company (or any of its subsidiary or affiliated companies);
	 
	 
	 

	 
	(b)	is private or confidential in that it is not generally known or available to the public; and
	 
	 
	 

	 
	(c)	gives or would give the Company (or any of its subsidiary or affiliated companies) an opportunity to obtain an advantage over competitors who do not know of or use it.

  
	8.	Relationship. The Company and Consultant each acknowledge and agree that the only relationship of the Consultant to the Company created by this Agreement shall for all purposes be that of an independent contractor, and all Persons employed or engaged by the Consultant in connection herewith shall for all purposes be employed or engaged, as applicable, by the Consultant and not by the Company. The Company shall have no obligation whatsoever to:

    
	 
	2
	 

	 

   
		(a)	pay or compensate the Consultant and / or any representative thereof for:

    
	 
	 
	(i)
	taxes of any kind whatsoever that arise out of or with respect to any fee, remuneration or compensation provided to the Consultant under this Agreement;

	 
	 
	 
	 

	 
	 
	(ii)	holding any position with the Company;

   
	 
	(b)	provide benefits to the Consultant and/ or any representative thereof relating to:

   
	 
	 
	(i)	sickness or accident, whether resulting from the performance by the Consultant of its obligations under this Agreement;
	 
	 
	 
	 

	 
	 
	(ii)	retirement or pension benefits; or
	 
	 
	 
	 

	 
	 
	(iii)	any other benefits provided by the Company or any of the Affiliated Companies to any of their employees.

   
	9.	The Consultant shall fully indemnify and hold harmless the Company from and against all assessments, claims, liabilities, costs, expenses and damages that the Company may suffer or incur with respect to any such taxes or benefits.
	 
	 

	10.	This Agreement may be executed in counterparts, each of which will be deemed to be an original and all of which will together constitute one and the same instrument and delivery of an executed copy of this Agreement by electronic facsimile transmission or other means of electronic communication capable of producing a printed copy will be deemed to be execution and delivery of this Agreement as of the Effective Date.

   
IN WITNESS, WHEREOF the Parties have executed and delivered this Agreement as of the Effective Date.
 
GREEN HYGIENICS HOLDINGS INC.
 
_______________________________
Ron Loudoun, CEO
 
/s/ Todd Mueller                                           
Todd Mueller, Consultant 
 
	 
	3amph_Ex4_2

		

			Exhibit 4.2

		

		
			DESCRIPTION OF REGISTRANT’S SECURITIES
		

		
			REGISTERED PURSUANT TO SECTION 12 OF THE
		

		
			SECURITIES EXCHANGE ACT OF 1934
		

		
			 
		

		
			The following information describes our common stock and preferred stock, as well as certain provisions of our amended and restated certificate of incorporation and amended and restated bylaws.  This description is only a summary and does not purport to be complete.  It is subject to and qualified in its entirety by reference to our amended and restated certificate of incorporation and amended and restated bylaws, which have been filed with the SEC as exhibits to this Annual Report on Form 10-K, as well as to applicable provisions of the Delaware General Corporation Law.
		

		
			General
		

		
			Our authorized capital stock consists of 320,000,000 shares of capital stock with a $0.0001 par value per share, of which 300,000,000 shares may be common stock and 20,000,000 shares may be preferred stock.  
		

		
			Common Stock
		

		
			Each holder of our common stock is entitled to one vote for each share on all matters to be voted upon by the stockholders.  Subject to any preferential rights of any outstanding preferred stock, holders of our common stock are entitled to receive ratably the dividends, if any, as may be declared from time to time by the board of directors out of funds legally available therefor. We do not currently pay a dividend on our capital stock and do not anticipate paying any cash dividends in the foreseeable future.  In the event of our liquidation, dissolution or winding up, holders of our common stock are entitled to share ratably in our assets remaining after the payment of liabilities and any preferential rights of any outstanding preferred stock.
		

		
			Holders of our common stock have no preemptive or conversion rights or other subscription rights, and there are no redemption or sinking fund provisions applicable to the common stock.  The outstanding shares of common stock are fully paid and non-assessable.  The rights, preferences and privileges of the holders of our common stock are subject to, and may be adversely affected by, the rights of the holders of shares of any series of preferred stock that we may designate and issue in the future.
		

		
			Our common stock is listed on the Nasdaq Global Select Market under the symbol “AMPH.” The transfer agent and registrar for our common stock is Broadridge Corporate Issuer Solutions, Inc.  
		

		
			Preferred Stock
		

		
			Under the terms of our amended and restated certificate of incorporation, our board of directors is authorized to issue shares of preferred stock in one or more series without stockholder approval.  Our board of directors has the discretion to determine the rights, preferences, privileges and restrictions, including voting rights, dividend rights, conversion rights, redemption privileges and liquidation preferences, of each series of preferred stock.  There are no restrictions presently on the repurchase or redemption of any shares of our preferred stock. 
		

		
			Effect of Certain Provisions of our Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws and the Delaware Anti-Takeover Statute
		

		
			Some provisions of Delaware law and our amended and restated certificate of incorporation and amended and restated bylaws contain provisions that could make the following transactions more difficult:
		

			
	
			
				 ·
			

			
	
			
			acquisition of us by means of a tender offer;

			
	
			
				 ·
			

			
	
			
			acquisition of us by means of a proxy contest or otherwise; or

		
			

		 

		

			
	
			
				 ·
			

			
	
			
			removal of our incumbent officers and directors.

		
			Those provisions, summarized below, are expected to discourage coercive takeover practices and inadequate takeover bids and to promote stability in our management.  These provisions are also designed to encourage persons seeking to acquire control of us to first negotiate with our board of directors.
		

		
			Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws
		

		
			Our amended and restated certificate of incorporation and our amended and restated bylaws, as applicable, among other things:
		

			
	
			
				 ·
			

			
	
			
			provide that our board is classified into three classes of directors, which may discourage a third party from making a tender offer or otherwise attempting to obtain control of us as it is more difficult and time consuming for stockholders to replace a majority of the directors on a classified board of directors;

			
	
			
				 ·
			

			
	
			
			provide that special meetings of the stockholders may be called only by our chairman of the board, Chief Executive Officer, President, Chief Operating Officer, or the board of directors pursuant to a resolution adopted by a majority of the total number of authorized directors of our board of directors;

			
	
			
				 ·
			

			
	
			
			establish procedures with respect to stockholder proposals and stockholder nominations, including requiring that advance written notice of a stockholder proposal or director nomination generally must be received at our principal executive offices not less than 90 nor more than 120 days prior to the first anniversary of the previous year’s annual meeting of stockholders;

			
	
			
				 ·
			

			
	
			
			do not include a provision for cumulative voting in the election of directors.  Under cumulative voting, a minority stockholder holding a sufficient number of shares may be able to ensure the election of one or more directors.  The absence of cumulative voting may have the effect of limiting the ability of minority stockholders to effect changes in the board of directors and, as a result, may have the effect of deterring a hostile takeover or delaying or preventing changes in control or management of our company;

			
	
			
				 ·
			

			
	
			
			provide that vacancies on our board of directors may be filled by a majority of directors in office, although less than a quorum, and not by the stockholders;

			
	
			
				 ·
			

			
	
			
			require that the vote of holders of 66 2/3% of the voting power of the outstanding shares entitled to vote generally in the election of directors is required to amend various provisions of our amended and restated certificate of incorporation and amended and restated bylaws, including provisions relating to:

			
	
			
				 ·
			

			
	
			
			the number of directors on our board of directors;

			
	
			
				 ·
			

			
	
			
			the election, qualification and term of office of our directors;

			
	
			
				 ·
			

			
	
			
			filling vacancies on our board of directors;

			
	
			
				 ·
			

			
	
			
			the indemnification of our officers and directors;

			
	
			
				 ·
			

			
	
			
			removal of members of our board of directors; and

			
	
			
				 ·
			

			
	
			
			certain other provisions of our amended and restated certificate of incorporation and amended and restated bylaws;

			
	
			
				 ·
			

			
	
			
			provide that no action may be effected by our stockholders by written consent, but must be effected at a duly-called annual or special meeting; and

		
			

		 

		

			-2-

		

		

			
	
			
				 ·
			

			
	
			
			allow us to issue without stockholder approval up to 20,000,000 shares of undesignated preferred stock with rights senior to those of the common stock and that otherwise could adversely affect the rights and powers, including voting rights, of the holders of common stock.  In some circumstances, this issuance could have the effect of decreasing the market price of the common stock as well as having the anti-takeover effect discussed above two-thirds of our outstanding capital stock entitled to vote generally in the election of directors.

		
			Delaware Anti-Takeover Statute
		

		
			We are subject to the provisions of Section 203 of the Delaware General Corporation Law regulating corporate takeovers.  In general, Section 203 prohibits a publicly-held Delaware corporation from engaging, under certain circumstances, in a business combination with an interested stockholder for a period of three years following the date the person became an interested stockholder unless:
		

			
	
			
				 ·
			

			
	
			
			prior to the date of the transaction, the board of directors of the corporation approved either the business combination or the transaction which resulted in the stockholder becoming an interested stockholder;

			
	
			
				 ·
			

			
	
			
			upon completion of the transaction that resulted in the stockholder becoming an interested stockholder, the interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced, excluding for purposes of determining the voting stock outstanding, but not for determining the outstanding voting stock owned by the interested stockholder, (i) shares owned by persons who are directors and also officers, and (ii) shares owned by employee stock plans in which employee participants do not have the right to determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer; or

			
	
			
				 ·
			

			
	
			
			at or subsequent to the date of the transaction, the business combination is approved by the board of directors of the corporation and authorized at an annual or special meeting of stockholders, and not by written consent, by the affirmative vote of at least 66-2/3% of the outstanding voting stock which is not owned by the interested stockholder.

		
			Generally, a business combination includes a merger, asset or stock sale, or other transaction resulting in a financial benefit to the interested stockholder.  An interested stockholder is a person who, together with affiliates and associates, owns or, within three years prior to the determination of interested stockholder status, did own 15% or more of a corporation’s outstanding voting stock.
		

		
			 
		

		
			 
		

		
			 
		

		 

		

			-3-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00306-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00306-of-00352.parquet"}]]