Document:

May 30th, 2012

 

To: Ashumi Kothary

Re: Employment Offer Letter

 

Dear Ashumi:

 

On behalf of BOLDFACE
licensing + branding (the “Company”), I am pleased to present to you this employment offer. The terms of this employment
offer, should you accept this opportunity, are as set forth below:

 

1.     Role and Duties. Effective as of the date of this letter you will serve as CFO.

 

2.     Compensation.
You will receive an annual salary of One hundred and twenty five thousand dollars ($125,000), less applicable withholding, which
will be paid in accordance with the Company’s prevailing payroll procedures and will be paid every two weeks $4,807.69.

 

3.     Business
Expenses. You will be reimbursed for reasonable out-of-pocket expenses incurred by you at the request of the Company in connection
with your employment under this Agreement; provided that you obtain prior approval from the Company and submit to the Company receipts
for any such expenses.

 

4.     At-Will Employment.
Your employment relationship with the Company will be “at will,” meaning that either you or the Company may terminate
such employment at any time and for any reason, with or without advance notice. Any contrary representations that may have been
made to you are superseded by this offer. This is the full and complete agreement between you and the Company on this term, and
the “at will” nature of your relationship with the Company may only be changed in an express written agreement signed
by you and a duly representative of the Company.

 

5.     Vacation,
Holidays and Sick Leave. You will be entitled to paid vacation, paid holidays and sick leave. Vacation will receive two weeks
vacation that will be accrued annually for continuous service and subject to approval of time. Paid holidays are listed in the
company handbook. Sick leave is limited to five days in a calendar year.

 

6.     Restrictive
Covenants. Non Disclosure of Trade Secrets and/or Confidential Information. As a condition to your employment with the Company,
you agree to enter into the Employment, Confidential Information and Intellectual Property Assignment Agreement (the “Proprietary
Information Agreement”), in the form attached hereto as Exhibit A.

 

    	 

    	 

    

 

7.     Miscellaneous.

 

(a) Representations
and Warranties. As an inducement to the Company to present you with this Letter, you hereby represent and warrant to the Company
as of the date of this Letter that: (i) you are not currently providing services (as an employee or otherwise) to any other person
or entity whose business is reasonably similar to the business of the Company; (ii) you have never been convicted of any felony
or other crime involving moral turpitude or dishonesty; and (iii) there do not currently exist any facts or circumstances that
could reasonably be expected to interfere with your ability to perform your duties to, or on behalf of, the Company, or which could
reasonably be expected to cause an unreasonable administrative or other burden on the Company.

 

(b) Notices.
Any notice required or permitted to be given under this Letter shall be sufficient if in writing and if delivered personally or
sent by registered or certified mail to you or to the Company, to the attention of the Company’s management.

 

(b) Successors and
Assigns. When countersigned below, the terms of this Letter will be binding upon and inure to the benefit of you and the Company
and its successors and assigns.

 

(c) Governing Law;
Arbitration. The obligations of this Letter will be governed by and construed in accordance with the laws of the State of California
without regard to conflicts of laws principles that would require the application of any other law. Upon the occurrence of any
dispute or disagreement between you and Company arising out of or in connection with any term or provision of this Letter, the
subject matter hereof, or the interpretation or enforcement hereof (the “Dispute”), you shall engage in informal, good
faith discussions with the Company and attempt to resolve the Dispute. If you and the Company are unable to resolve the Dispute,
then the Company may submit the Dispute to final and binding arbitration in Los Angeles, California, administered by JAMS, or its
successor, in accordance with the rules and procedures of JAMS then in effect.

 

(d) Severability.
If for any reason any portion of this Letter is held invalid or unenforceable, it is agreed that the same shall not affect the
validity or enforceability of the remainder.

 

(e) Entire Agreement.
This Letter contains the entire agreement between you and the Company with respect to this subject matter hereof and supersedes
all previous agreements. No officer, employee, or representative of the Company has any authority to make any representation or
promise in connection with the subject matter of this Letter that is not contained herein, and you represent and warrant that you
have not executed this Letter in reliance upon any such representation or promise. No modification of this Letter will be valid
unless made in writing and signed by you and the Company.

 

(f) Counterparts.
This Letter may be executed in one or more counterparts, any of which may be executed and transmitted by facsimile, each of which
shall be deemed to be an original of this Letter, but all of which together shall constitute one agreement.

 

(g) Withholding.
All payments made pursuant to this Letter will be subject to such withholding tax as may be required by Federal, state or local
governments.

 

(h) Tax Consequences.
The Company makes no representations or warranties to you with respect to any tax, economic or legal consequences of this Letter
or any payments or other benefits provided hereunder.

 

    	 

    	 

    

 

(i) Survival.
The provisions of Sections 6, 7 and 8 shall survive any termination of your employment.

 

************************************

 

    	 

    	 

    

 

On behalf of the Company,
I am delighted to extend you this employment offer and look forward to working with you. To indicate your acceptance of this employment
offer, please sign and date this Letter in the space provided below and return it to me, along with a signed and dated copy of
the Proprietary Information Agreement.

 

	 	Very truly yours,
	 	 
	 	BOLDFACE LICENSING + BRANDING
	 	 
	 	By: 	/s/ Nicole Ostoya
	 	 	Name: Nicole Ostoya
	 	 	Title: CEO

 

AGREED: 

 

	/s/ Ashumi Kothary	 
	 	 
	Ashumi Kothary	 
	 	 
	Address:	 
	 	 
	 	 
		 
	 	 

 

    	 

    	 

    

 

EXHIBIT A

 

BOLDFACE licensing + branding

 

Confidential Information and Intellectual
Property Assignment Agreement

 

As a condition of my
employment with BOLDFACE licensing + branding, its subsidiaries, affiliates, successors or assigns (together, the “Company”),
and in consideration of my employment with the Company and my receipt of the compensation now and hereafter paid to me by the Company,
I agree as of May 30th, 2012 to the following terms under this Confidential Information and Intellectual Property Assignment Agreement
(the “Intellectual Property Agreement”):

 

1. Employment.

 

(a) I understand and
acknowledge that my employment with the Company is for an unspecified duration and constitutes “at-will” employment.
I acknowledge that this employment relationship may be terminated at any time, for any reason, at the option either of the Company
or myself, with or without advance notice.

 

(b) I agree that, during
the term of my employment with the Company, I will not engage in any other employment, occupation, consulting or other business
activity related to the business in which the Company is now involved or becomes involved during the term of my employment, nor
will I engage in any other activities that conflict with my obligations to the Company.

 

2. Confidential Information.

 

(a) Company Information.
I agree at all times during the term of my employment (my “Relationship with the Company”)
and thereafter to hold in strictest confidence, and not to use, except for the benefit of the Company, or to disclose to
any person or entity without written authorization of a duly authorized officer of the Company, any Confidential Information of
the Company. I understand that “Confidential Information” means any Company proprietary
information, technical data, trade secrets, strategy or know-how, including, but not limited to, any personal information regarding
the Company’s members, managers, officers, directors or stockholders, research, product plans, products, services, member
lists and members, customer lists and customers, partner lists and partners, counterparties (including, but not limited to, members,
customers, partners or counterparties of the Company on whom I called or with whom I became acquainted during my Relationship with
the Company), markets, works of original authorship, photographs, negatives, digital images, software, computer programs, know-how,
ideas, developments, inventions (whether or not patentable), processes, formulas, contests, technology, designs, drawings, engineering,
hardware configuration information, forecasts, strategies, marketing, finances or other business information disclosed to me by
(or obtained by me from) the Company either directly or indirectly in writing, orally, or otherwise.

 

    	 

    	 

    

 

(b) Other Employer
Information. I agree that I will not, during my Relationship with the Company, improperly use or disclose any proprietary
information or trade secrets of any former or concurrent employer or other person or entity and that I will not bring onto the
premises of the Company any unpublished document or proprietary information belonging to any such employer, person or entity unless
consented to in writing by such employer, person or entity.

 

(c) Third Party
Information. I recognize that the Company has received and in the future will receive from third parties their confidential
or proprietary information subject to a duty on the Company’s part to maintain the confidentiality of such information and
to use it only for certain limited purposes. I agree to hold all such confidential or proprietary information in the strictest
confidence and not to disclose it to any person or entity or to use it except as necessary in carrying out my work for the Company
consistent with the Company’s agreement with such third party.

 

3. Intellectual Property.

 

(a) Assignment
of Intellectual Property. I agree that I will promptly make full written disclosure to the Company, will hold in trust
for the sole right and benefit of the Company, and hereby assign to the Company, or its designee, all my right, title, and interest
in and to any original works of authorship, inventions, concepts, improvements or trade secrets, whether or not patentable or registrable
under copyright, patent, trademark or similar laws, which I may solely or jointly conceive or develop or reduce to practice, or
cause to be conceived or developed or reduced to practice, during my Relationship with the Company (collectively referred to as
“Intellectual Property”) and which (i) are developed using the equipment
(including, without limitation, any computer provided to me by the Company), supplies, facilities or Confidential Information of
the Company, (ii) result from or are suggested by work performed by me for the Company, or (iii) relate to the business, or to
the actual or demonstrably anticipated research or development of the Company. Any Intellectual Property will be the sole and exclusive
property of the Company. I further acknowledge that all original works of authorship which are made by me (solely or jointly with
others) within the scope of and during the period of my Relationship with the Company and which are protectable by copyright are
“works made for hire,” as that term is defined in the United States Copyright Act. To the extent any Intellectual Property
is not deemed to be work for hire, then I will and hereby do assign all my right, title and interest in such Intellectual Property
to the Company, except as provided in Section 3(e).

 

    	 

    	 

    

 

(b) Patent, Copyright
and Trademark Registrations. I agree to assist the Company, or its designee, at the Company’s expense, in
every proper way to secure the Company’s rights in the Intellectual Property and any copyrights, patents, trademarks or other
intellectual property rights relating thereto in any and all countries, including the disclosure to the Company of all pertinent
information and data with respect thereto, the execution of all applications, specifications, oaths, assignments and all other
instruments which the Company shall deem necessary or advisable in order to apply for and obtain such rights and in order to assign
and convey to the Company, its successors, assigns, and nominees the sole and exclusive rights, title and interest in and to such
Intellectual Property, and any copyrights, patents or other intellectual property rights relating thereto. I further agree that
my obligation to execute or cause to be executed, when it is in my power to do so, any such instrument or papers shall continue
after the termination of this Intellectual Property Agreement. If the Company is unable because of my mental or physical incapacity
or for any other reason to secure my assistance in perfecting the rights transferred in this Intellectual Property Agreement, then
I hereby irrevocably designate and appoint the Company and its duly authorized officers and agents as my agent and attorney in
fact, to act for and on my behalf and stead to execute and file any such applications and to do all other lawfully permitted acts
to further the prosecution and issuance of letters patent or copyright registrations thereon with the same legal force and effect
as if executed by me. The designation and appointment of the Company and its duly authorized officers and agents as my agent and
attorney in fact shall be deemed to be coupled with an interest and therefore irrevocable.

 

(c) Maintenance
of Records. I agree to keep and maintain adequate and current written records of all Intellectual Property made by me (solely
or jointly with others) during my Relationship with the Company. The records will be in the form of notes, sketches, drawings,
and works of original authorship, photographs, negatives, digital images or any other format that may be specified by the Company
from time to time. The records will be available to and remain the sole property of the Company at all times.

 

(d) Intellectual
Property Retained and Licensed. I provide below a list of all original works of authorship, inventions, developments, improvements,
and trade secrets which were made by me prior to my Relationship with the Company (collectively referred to as “Prior
Intellectual Property”), which belong to me, which relate to the Company’s proposed business,
products or research and development, and which are not assigned to the Company hereunder; or, if no such list is attached, I represent
that there is no such Prior Intellectual Property. If in the course of my Relationship with the Company, I incorporate into Company
property any Prior Intellectual Property owned by me or in which I have an interest, the Company is hereby granted and shall have
a nonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have made, modify, use and sell such Prior Intellectual
Property as part of or in connection with such Company property.

 

Prior Intellectual Property:

 

	 	 	Identifying Number
	Title	Date	or Brief Description
	 	 	 
	 	 	 
	 	 	 
	 	 	 

 

    	 

    	 

    

 

(e) Exception
to Assignments. I understand that the provisions of this Intellectual Property Agreement requiring assignment of Intellectual
Property to the Company are limited to Section 2870 of the California Labor Code, which is attached hereto as Appendix A,
and do not apply to any intellectual property that (i) I develop entirely on my own time; and (ii) I develop without using
Company equipment, supplies, facilities, or trade secret information; and (iii) do not result from any work performed by me for
the Company; and (iv) do not relate at the time of conception or reduction to practice to the Company’s current or anticipated
business, or to its actual or demonstrably anticipated research or development. Any such intellectual property will be owned entirely
by me, even if developed by me during the time period in which I am employed by the Company. I will advise the Company promptly
in writing of any intellectual property that I believe meet the criteria for exclusion set forth herein and are not otherwise disclosed
pursuant to Section 3(d) above.

 

(f) Return of
Company Documents. I agree that, at the time of leaving the employ of the Company, I will deliver to the Company (and will
not keep in my possession, re-create or deliver to anyone else) any and all works of original authorship, photographs, negatives,
digital images, devices, records, data, notes, reports, proposals, lists, correspondence, specifications, drawings, blueprints,
sketches, materials, equipment (including, without limitation, any computer provided to me by the Company), other documents or
property, or reproductions of any of the aforementioned items developed by me during my Relationship with the Company or otherwise
belonging to the Company, its successors or assigns.

 

4. Notification of New Employer.
In the event that I leave the employ of the Company, I hereby grant consent to notification by the Company to my new employer
or consulting client about my rights and obligations under this Intellectual Property Agreement.

 

5. Representations. I represent
that my performance of all the terms of this Intellectual Property Agreement will not breach any agreement to keep in confidence
proprietary information acquired by me in confidence or in trust prior to my Relationship with the Company. I have not entered
into, and I agree I will not enter into, any oral or written agreement in conflict herewith. I agree to execute any proper oath
or verify any proper document required to carry out the terms of this Intellectual Property Agreement.

 

6. Arbitration and Equitable Relief.

 

(a) Arbitration.
Except as provided in Section 6(b) below, I agree that any dispute or controversy arising out of or relating to any interpretation,
construction, performance or breach of this Intellectual Property Agreement, shall be settled by arbitration before a single arbitrator
to be held in Los Angeles, California, in accordance with the rules then in effect of JAMS. The decision of the arbitrator shall
be final, conclusive and binding on the parties to the arbitration. Judgment may be entered on the arbitrator’s decision
in any court having jurisdiction.

 

    	 

    	 

    

 

(b) Equitable
Remedies. Each of the Company and I agree that disputes relating to or arising out of a breach of the covenants contained
in this Intellectual Property Agreement would likely require injunctive relief to maintain the status quo of the parties pending
the appointment of an arbitrator pursuant to this Intellectual Property Agreement. The parties hereto also agree that it would
be impossible or inadequate to measure and calculate the damages from any breach of the covenants contained in this Intellectual
Property Agreement prior to resolution of any dispute pursuant to arbitration. Accordingly, pursuant to C.C.P. §1281.8(b),
if either party claims that the other party has breached any covenant of this Intellectual Property Agreement, that party will
have available, in addition to any other right or remedy, the right to obtain an injunction from a court of competent jurisdiction
restraining such breach or threatened breach and/or to specific performance of any such provision of this Intellectual Property
Agreement pending resolution of the dispute through arbitration. The parties further agree that no bond or other security shall
be required in obtaining such equitable relief and hereby consents to the issuance of such injunction and to the ordering of specific
performance. However, upon appointment of an arbitrator, the arbitrator shall review any interim, injunctive relief granted by
a court of competent jurisdiction and shall have the discretion, jurisdiction, and authority to continue, expand, or dissolve such
relief pending completion of the arbitration of such dispute or controversy. The parties agree that any orders issued by the arbitrator
may be enforced by any court of competent jurisdiction if necessary to ensure compliance by the parties.

 

7. General Provisions.

 

(a) Governing
Law; Consent to Personal Jurisdiction. This Intellectual Property Agreement will be governed by the laws of the State of
California as they apply to contracts entered into and wholly to be performed within such State, without regard to conflicts of
law principles thereof. I hereby expressly consent to the exclusive personal jurisdiction and venue of the state and federal courts
located in Los Angeles County, California for any lawsuit under Section 6(b) arising from or relating to this Intellectual Property
Agreement.

 

(b) Entire Agreement.
This Intellectual Property Agreement, including the appendix hereto, sets forth the entire agreement and understanding between
the Company and me relating to the subject matter herein and merges all prior discussions between us. No modification of or amendment
to this Intellectual Property Agreement, nor any waiver of any rights under this Intellectual Property Agreement, will be effective
unless in writing signed by the party to be charged. Any subsequent change or changes in my duties, salary or compensation will
not affect the validity or scope of this Intellectual Property Agreement.

 

(c) Severability.
If one or more of the provisions in this Intellectual Property Agreement are deemed void by law, then the remaining provisions
will continue in full force and effect.

 

    	 

    	 

    

 

(d) Successors
and Assigns. This Intellectual Property Agreement will be binding upon my heirs, executors, administrators and other legal
representatives and will be for the benefit of the Company, its successors, and its assigns.

 

[REMAINDER OF PAGE INTENTIONALLY LEFT
BLANK]

 

    	 

    	 

    

 

IN WITNESS WHEREOF,
the undersigned has executed this Intellectual Property Agreement as of the date first above written.

 

	 	 
	 	[Name]
	 	 
	 	[Address]
	 	 
	 	[City, State, Zip]

 

Acknowledged:

 

BOLDFACE licensing + branding

 

	By:	 	 
	 	Name: Nicole Ostoya
	 	Title: CEO

 

    	 

    	 

    

 

APPENDIX A

 

California Labor Code
Section 2870. Application of provision that employee shall assign or offer to assign rights in invention to employer.

 

(a) Any provision in
an employment agreement which provides that an employee shall assign, or offer to assign, any of his or her rights in an invention
to his or her employer shall not apply to an invention that the employee developed entirely on his or her own time without using
the employer’s equipment, supplies, facilities, or trade secret information except for those inventions that either:

 

(1) Relate
at the time of conception or reduction to practice of the invention to the employer’s business, or actual or demonstrably
anticipated research or development of the employer.

 

(2) Result
from any work performed by the employee for the employer.

 

(b) To the extent a
provision in an employment agreement purports to require an employee to assign an invention otherwise excluded from being required
to be assigned under subdivision (a), the provision is against the public policy of this state and is unenforceable.CONSULTING AGREEMENT

 

This
CONSULTING AGREEMENT (this “Agreement”) dated as of July 12, 2012 (the “Effective Date”),
is by and between BOLDFACE Group, Inc., a Nevada corporation (the “Company”),
and Gold Grenade, LLC, a California limited liability company (the “Consultant”).
Company and Consultant are sometimes referred to in this Agreement, collectively, as the “Parties,” and individually,
as a “Party.”

 

RECITALS

 

WHEREAS, the
Company desires to retain Consultant to provide it with consulting services, and Consultant is willing to perform such services,
upon the terms and conditions herein.

 

NOW, THEREFORE,
in consideration of the foregoing and the mutual promises set forth herein and for other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the Parties hereto do hereby agree as follows:

 

Agreement

 

1.          Services.
Consultant agrees to perform the consulting services described on Schedule I attached hereto for the Company and its Affiliates,
and such other services agreed to by the Parties from time to time during the Term (the “Services”). Consultant
shall perform the Services on the terms and conditions set forth in this Agreement. The defined term “Affiliate” shall
mean any person directly or indirectly controlling, controlled by or under common control with another person. The term “person”
shall include any natural person, corporation, partnership, trust, unincorporated association or other legal entity.

 

2.          Compensation.

 

(a)          As
consideration for the Services to be rendered by Consultant during the Term, the Company hereby agrees to pay Consultant a monthly
consulting fee (the “Consulting Fee”) commencing on the Effective Date. The amount of the Consulting Fee shall
be calculated based on the number of SKUs being developed or managed by Consultant during any month of the Term, according to the
schedule set forth in the table below. The defined term “SKU” shall mean each individual product within a line of products
without taking into account the number of colors or shades produced. By way of illustration only, “ABC” branded lip
liner is one SKU, regardless of whether the lip liner is produced in one or greater than one color.

 

	Number of SKUs	 	Consulting Fee	 
	 	 	 	 
	Up to 25 SKUs	 	$	20,000	 
	 	 	 	 	 
	Up to 75 SKUs	 	$	50,000	 
	 	 	 	 	 
	Up to 100 SKUs	 	$	75,000	 
	 	 	 	 	 
	Over 100 SKUs	 	$	100,000	 

 

    	 

    	 

    

 

(b)          The
Consulting Fee for any month during the Term shall be payable in advance on the first business day of such month.

 

(c)          The
Company shall reimburse Consultant for all reasonable out-of-pocket fees and expenses that Consultant incurs in connection with
the performance of the Services, including, without limitation, expenses associated with (i) outside testing, compliance and trademark
work; (ii) outside fees associated with products (e.g. lab, color matching); (iii) postage, courier and messenger costs; and (iv)
complimentary product giveaways and product replicas. The Company shall reimburse Consultant all amounts pursuant to this Section
2(c) in cash, promptly, and in any event within thirty (30) days, upon receipt of receipts, invoices and other substantiating
documentation setting forth in reasonable detail the fees and expenses for which Consultant is seeking reimbursement.

 

(d)          
The Company and Consultant agree that Consultant shall be treated as an independent contractor, and not as an employee of the Company.
All fees payable to Consultant hereunder shall be paid in full, without any withholding, deduction, or offset of any Federal, state,
or local income taxes, employment taxes, or other withholdings.

 

3.          Term
and Termination. The term of this Agreement shall commence as of the Effective Date and shall continue until the first
(1st) anniversary of the Effective Date (the “Initial Term”). The Initial Term shall automatically
renew for up to two (2) additional subsequent one (1) year terms (the “Extended Term,” and together with the
Initial Term, the “Term”) unless either Party gives the other Party written notice of termination
at least sixty (60) days’ prior to the expiration of the then-current Term.

 

4.          Exclusivity.
The Company covenants, agrees, and acknowledges that Consultant shall serve as the Company’s exclusive product development
provider.

 

5.          Other
Activities. The Company covenants, agrees, and acknowledges that, notwithstanding anything to the contrary contained in
this Agreement, Consultant shall be entitled to hold licenses from parties other than the Company for the development, manufacture,
marketing and sale of branded cosmetic, fragrance, health and/or beauty products and to provide branding and design services regarding
cosmetics, fragrance, health and beauty products to parties other than the Company (collectively, “Other Activities”),
and the Company shall not have any interest in or right to any Other Activities or to any income, benefits or proceeds derived
therefrom; provided, however, that during the First Look Period (as defined below), Consultant shall be prohibited
from obtaining any license to develop, manufacture, market or sell cosmetics, fragrance, health or beauty products endorsed by
or sold under the brand of one or more celebrities (as that term is commonly understood to mean).

 

    	 

    	 

    

 

6.          “First-Look”
Right. Consultant covenants and agrees that from the Effective Date until July 11, 2015 (the “First Look Period”),
Consultant shall present to the Company any and all opportunities to obtain any license to develop, manufacture, market or sell
one or more cosmetic, fragrance, health or beauty products or product lines endorsed by, or marketed or sold under the brand of,
one or more celebrities (each, a “Celebrity Licensing Opportunity”). The Company acknowledges and agrees
that if the Company elects not to pursue a Celebrity Licensing Opportunity, then Consultant may pursue such Celebrity Licensing
Opportunity and it shall be deemed to be part of the Other Activities.

 

7.          Representations
and Warranties. Each of the Parties hereby represents and warrants to the other Party as of the Effective Date as follows:

 

(a)          Such
Party is duly organized, validly existing and in good standing under the laws of its jurisdiction of organization or incorporation;
and

 

(b)          Such
Party has all necessary power and authority (corporate or otherwise) and has taken all action (corporate or otherwise) required
to enter into and perform its obligations under this Agreement. This Agreement constitutes the valid and binding obligation of
such Party, enforceable against it in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance,
reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally, and to general principles
of equity (regardless of whether enforcement is sought in a proceeding at law or in equity).

 

8.          Miscellaneous.

 

(a)          Notices.
All notices, requests, demands and other communications called for or contemplated under this Agreement shall be in writing and
shall be deemed to have been given (i) on the date delivered when delivered by hand (written confirmation of receipt); (ii) on
the date received by the addressee when sent by a nationally recognized overnight courier (receipt requested); (iii) on the date
sent by facsimile or e-mail(with confirmation of transmission) if sent during normal business hours of the recipient, and on the
next business day if sent after normal business hours of the recipient; or (iv) on the third day after the date mailed, by certified
or registered mail, return receipt requested, postage prepaid. Such communications must be sent to the respective Parties at the
following address (or such other address for a Party as shall be specified in a notice given in accordance with this Section
8(a)):

 

 

	If to the Company:	BOLDFACE Group, Inc.
	 	1309 Pico Blvd. Suite A
	 	Santa Monica, CA 90405
	 	Attention: Chairman of the Board
	 	Facsimile:
	 	 
	With a copy to (which shall not constitute notice):	Gottbetter & Partners, LLP
	 	488 Madison Avenue, 12th Fl.
	 	New York, NY 10022
	 	Attn:  Scott Rapfogel, Esq.
	 	Facsimile:  (212) 400.6901

 

    	 

    	 

    

 

	If to Consultant:	Gold Grenade, LLC
	 	1945 Euclid Street
	 	Santa Monica, California 90404
	 	Attention: Ms. Robin Coe-Hutshing
	 	Facsimile:
	 	 
	With a copy to (which shall not constitute notice):	Eisner, Kahan & Gorry, a professional corporation
	 	9601 Wilshire Boulevard, Suite 700
	 	Beverly Hills, California 90210
	 	Attention: Joseph O’Hara, Esq.
	 	Facsimile: 310-855-3201

 

(b)          Entire
Agreement and Modifications. This Agreement and the schedules hereto, constitutes the entire understanding between the Parties
pertaining to the subject matter hereof and supersedes all prior agreements, understandings, negotiations and discussions, whether
oral or written. No supplement, modification, waiver or termination of this Agreement shall be binding unless made in writing and
executed by the Party thereto to be bound.

 

(c)          Headings.
Headings in this Agreement are for reference purposes only and shall not be deemed to have any substantive effect.

 

(d)          Waivers.
No term, condition or provision of this Agreement may be waived except by an express written instrument to such effect signed by
the Party to whom the benefit of such term, condition or provision runs. No such waiver of any term, condition or provision of
this Agreement shall be deemed a waiver of any other term, condition or provision, irrespective of similarity, or shall constitute
a continuing waiver of the same term, condition or provision, unless otherwise expressly provided. No failure or delay on the part
of any Party in exercising any right, power or privilege under any term, condition or provision of this Agreement shall operate
as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise of any other right,
power or privilege.

 

(e)          Governing
Law; Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of California,
without regard to the conflicts of law provisions thereof. The Parties hereto consent to the sole and exclusive jurisdiction and
venue in the Federal or State courts in the County of Los Angeles, California, and agree that all disputes based on or arising
out of this Agreement shall only be submitted to and determined by said courts, which shall have sole and exclusive jurisdiction.

 

(f)          Attorneys’
Fees. If any action is brought to enforce or interpret any provision of this Agreement, or the rights or obligations of any
Party hereunder, the prevailing or successful Party shall be entitled to recover all reasonable attorneys’ fees and costs
incurred or sustained by such Party in connection with such action.

 

    	 

    	 

    

 

(g)          Survival.
Any rights to compensation described in Section 2 shall survive the expiration or termination of this Agreement.

 

(h)          Assignment;
Successors and Assigns. This Agreement may not be assigned by either Party without the prior written consent of the other Party.
This Agreement shall be binding upon and inure to the benefit of the Parties’ respective heirs, successors and permitted
assigns.

 

(i)          Counterparts.
This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, and all of which together shall
constitute one and the same instrument. Additionally, a facsimile or e-mail counterpart of this Agreement shall have the same effect
as an originally executed counterpart.

 

[Signature Page Follows]

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

 

	 	COMPANY:
	 	 
	 	Boldface group, inc.
	 	a Nevada corporation
	 	 
	 	By:	/s/ Noah Levinson
	 	Name: Noah Levinson
	 	Title: Chief Executive Officer
	 	 
	 	CONSULTANT:
	 	 
	 	gold grenade, llc
	 	a California limited liability company
	 	 
	 	By:	/s/ Nicole Ostoya
	 	Name: Nicole Ostoya
	 	Title: President

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