Document:

Exhibit 10.1

 

SHARE EXCHANGE AGREEMENT

THIS SHARE EXCHANGE AGREEMENT (this “Agreement”), dated as of the 10th  day of October 2015 (this “Agreement”) is entered into by and among, eMedia Group Inc., a Nevada corporation (“EMEDIA”); and Henrik Schaumann Jorgensen (“HSJ”) and Christian Hedegaard Pedersen (“CHP”) (each of HSJ and CHP are referred to herein as an “OWNER” and collectively, the “OWNERS”). EMEDIA and OWNERS are referred to singularly as a “Party” and collectively as the “Parties.”

WITNESSETH:

WHEREAS, OWNERS own 100% of the issued and outstanding shares of eTarg Media ApS, a Danish private limited liability company (“Target”);

WHEREAS, Target is in the business of software development and related matters, including selling subscriptions for its software suite, AccuRanker, which allows customers to track their search engine rankings.

WHEREAS, EMEDIA wishes to acquire all of the issued and outstanding shares of capital stock of Target (referred to hereinafter as the “Target Shares”), with the purpose of owning and operating Target as EMEDIA’s wholly-owned subsidiary; and

            WHEREAS, EMEDIA and OWNERS propose to enter into this Agreement which provides, among other things, that OWNERS will deliver the Target Shares to EMEDIA in exchange for an aggregate total of 1,500,000 shares of EMEDIA’s common stock (the “Share Exchange”), on the terms and conditions set forth herein and such additional items as more fully described in this Agreement.

NOW, THEREFORE, in consideration, of the promises and of the mutual representations, warranties and agreements set forth herein, the Parties hereto agree as follows:

ARTICLE I

DEFINITIONS

Section 1.01.                                        Definitions. The following terms shall have the following respective meanings:

1

	 	 	 
	
“Affiliate”

	 	
with respect to any Party, a Person that directly or indirectly controls, is controlled by, or is under common control of such Party.  For the purpose of this definition, “control” means (i) ownership of more than ten percent (10%) of the voting shares of a Person or (ii) the right or ability to direct the management or policies of a Person through ownership of voting shares or other securities, pursuant to a written agreement or otherwise;

 

	 
	
“Business Day”

	 	
a day (other than a Saturday) on which banks in Utah are open for business throughout their normal business hours;

 

	 
	
“Closing”

	
    the closing of the transactions contemplated by this Agreement;

 

	 
	
“Completion”

	 	
completion of acquisition of the Target Shares by EMEDIA and issuance of the Exchange Shares (as such term is defined below) in accordance with the terms and conditions of this Agreement;

 

	 
	
“Encumbrance”

	 	
any mortgage, charge, pledge, lien, (otherwise than arising by statute or operation of law), equities, hypothecation or other encumbrance, priority or security interest, preemptive right deferred purchase, title retention, leasing, sale-and-repurchase or sale-and-leaseback arrangement whatsoever over or in any property, assets or rights of whatsoever nature and includes any agreement for any of the same and reference to “Encumbrances” shall be construed accordingly;

 

	 
	
“Exchange Act”

	 	
the US Securities Exchange Act of 1934;

 

	 
	
“Person”

	
any individual, firm, company, government, state or agency of a state or any joint venture, association or partnership (whether or not having separate legal personality);

 

	 	 
	
“Securities Act”

	 	
the US Securities Act of 1933;

 

	 
	
“SEC”

	 	
the US Securities and Exchange Commission;

 

	 
	
“US”

	 	
United States of America;

 

	 
	
“United States Dollars”

or “US$”

	 	
United States dollars;

	 

Section 1.02.                          Rules of Construction.

            (a)            Unless the context otherwise requires, as used in this Agreement:  (i) “including” means “including, without limitation”; (ii) words in the singular include the plural; (iii) words in the plural include the singular; (iv) words applicable to one gender shall be construed to apply to each gender; (v) the terms “hereof,” “herein,” “hereby,” “hereto” and derivative or similar words refer to this entire Agreement,; (vi) the terms “Article” and “Section” shall refer to the specified Article or Section of or to this Agreement (vii) the term “day” shall refer to calendar days.

(b)            Titles and headings to Articles and Sections are inserted for convenience of reference only, and are not intended to be a part of or to affect the meaning or interpretation of this Agreement.

2

ARTICLE II

THE SHARE EXCHANGE

Section 2.01                          Share Exchange.

(a)            Subject to and upon the terms and conditions of this Agreement, on the Closing Date (as defined hereafter), EMEDIA shall acquire all of the Target Shares with all of such interests acquired being free from all Encumbrances together with all rights now or hereafter attaching thereto. EMEDIA shall be sole owner of Target and Target shall continue to operate in its normal course of business, as a wholly-owned subsidiary of EMEDIA.

(b)            In exchange for the delivery of the Target Shares, EMEDIA shall provide the following to OWNERS at the closing, an aggregate total of 1,500,000 shares of EMEDIA’s common stock (the “Exchange Shares”).  The Exchange Shares will be allocated to the OWNERS as follows: Henrik Schaumann Jorgensen, 750,000 shares; and Christian Hedegaard Pedersen, 750,000 shares.

(c)            The Share Exchange shall take place upon the terms and conditions provided for in this Agreement and in accordance with applicable law. If the Closing does not occur as set forth in Section 2.02 of this Agreement due to one Party’s failure to perform, then the other Party may terminate the Agreement.

Section 2.02.                                        Closing Location.  The Closing of the Share Exchange and the other transactions contemplated by this Agreement will occur as soon as possible (the “Closing Date”), at the law offices of Booth Udall Fuller, PLC, 1255 W. Rio Salado Parkway, Tempe, Arizona.

Section 2.03.                                        OWNERS’s Closing Documents.  At the Closing, OWNERS shall tender to EMEDIA:

(a)            Copies of a certificate(s) representing all of the Target Shares, duly endorsed for transfer by the applicable OWNER of such shares, which shall either be validly notarized or the signature thereon otherwise guaranteed and such certificates shall be marked as “cancelled”;

(b)            One (1) new certificate issued by the Target in the name of EMEDIA representing the Target Shares;

(c)            A certified copy of the register of shareholders of Target showing EMEDIA as the registered owner of the Target Shares; and

(d)            A resolution from OWNERS certifying that the conditions in Section 8.01(b) have been satisfied.

Section 2.04.                                        EMEDIA’s Closing Documents.  At the Closing, EMEDIA will tender to OWNERS:

3

(a)            A certified copy(ies) of resolutions of the Board of Directors of EMEDIA in a form satisfactory to OWNERS, acting reasonably, authorizing:

                          (i)            the execution and delivery of this Agreement by EMEDIA; and

		(ii)	the issuance of the Exchange Shares to OWNERS.

(b)            Share certificates, registered in the name of OWNERS as set forth above representing the Exchange Shares; and

(c)            A certificate executed by a duly appointed officer of EMEDIA certifying that the conditions in Section 9.01(b) have been satisfied.

ARTICLE III

REPRESENTATIONS AND WARRANTIES

Section 3.01.                          Each Party represents and warrants to the other Party that each of the warranties it makes is accurate in all respects and not misleading as at the date of this Agreement.

Section 3.02.                          Each Party undertakes to disclose in writing to the other Party anything which is or may constitute a breach of or be inconsistent with any of the warranties immediately upon the same coming to its notice at the time of and after Completion.

Section 3.03.                          Each Party agrees that each of the warranties it makes shall be construed as a separate and independent warranty and (except where expressly provided to the contrary) shall not be limited or restricted by reference to or inference from the terms of any other warranty or any other term of this Agreement.

Section 3.04.                          Each Party acknowledges that the restrictions contained in Section 12.01 shall continue to apply after the Closing without limit in time.

ARTICLE IV

REPRESENTATIONS AND WARRANTIES OF EMEDIA

Section 4.01.                                        Organization, Standing and Authority; Foreign Qualification. EMEDIA is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada and has all requisite corporate power and authority to own, lease and operate its properties and to conduct its business as presently conducted and as proposed to be conducted and is duly qualified or licensed as a foreign corporation in good standing in each jurisdiction in which the character of its properties or the nature of its business activities require such qualification.

Section 4.02.                                        Corporate Authorization. The execution, delivery and performance by EMEDIA of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of EMEDIA, and this Agreement constitutes a valid and binding agreement of EMEDIA. The Exchange Shares to be issued in accordance with this Agreement shall be duly authorized and, upon such issuance, will be validly issued, fully paid and non-assessable.

4

Section 4.03.                                        Capitalization.  EMEDIA’s authorized capital stock, as of the Closing Date prior the issuance of the Exchange Shares, shall consist of 300,000,000 authorized shares of common stock, of which no common shares are issued and outstanding. There are no outstanding options, warrants, agreements or rights to subscribe for or to purchase, or commitments to issue, shares of EMEDIA’s common stock or any other security of EMEDIA or any plan for any of the foregoing. EMEDIA is not obligated to register the resale of any of its common stock on behalf of any shareholder of EMEDIA under the Securities Act.

Section 4.04.                                        Subsidiaries. Prior to the Closing, EMEDIA does not have any subsidiaries.

Section 4.05.                          Articles of Incorporation and Bylaws.  EMEDIA has heretofore delivered, or prior to Closing EMEDIA shall deliver, to OWNERS true, correct and complete copies of its Articles of Incorporation and Bylaws or comparable instruments, certified by EMEDIA’s corporate secretary.

Section 4.06.                          No Conflict.  The execution, delivery and performance of this Agreement and the completion of the transactions contemplated herein will not:

(a)            violate any provision of the Articles of Incorporation, Bylaws or other charter or organizational document of EMEDIA;

(b)            violate, conflict with or result in the breach of any of the terms of, result in any modification of the effect of, otherwise give any other contracting party the right to terminate, or constitute (or with notice or lapse of time or both constitute) a default under, any contract to which EMEDIA is a party or by or to which either of its assets or properties, may be bound or subject;

(c)            violate any order, judgment, injunction, award or decree of any court, arbitrator or governmental or regulatory body against, or binding upon, or any agreement with, or condition imposed by, any governmental or regulatory body, foreign or domestic, binding upon EMEDIA or upon the securities, assets or business of EMEDIA;

(d)            violate any statute, law or regulation of any jurisdiction as such statute, law or regulation relates to EMEDIA or to the securities, properties or business of EMEDIA; or

(e)            result in the breach of any of the terms or conditions of, constitute a default under, or otherwise cause an impairment of, any permit or license held by EMEDIA.

Section 4.07.                          Litigation. There is no litigation, suit, proceeding, action or claim at law or in equity, pending or to EMEDIA’s best knowledge threatened against or affecting EMEDIA or involving any of EMEDIA’s property or assets, before any court, agency, authority or arbitration tribunal, including, without limitation, any product liability, workers' compensation or wrongful dismissal claims, or claims, actions, suits or proceedings relating to toxic materials, hazardous substances, pollution or the environment. EMEDIA is not subject to or in default with respect to any notice, order, writ, injunction or decree of any court, agency, authority or arbitration tribunal.

5

Section 4.08.                          Compliance with Laws. To the best knowledge of EMEDIA, it has complied with all laws, municipal bylaws, regulations, rules, orders, judgments, decrees and other requirements and policies imposed by any governmental authority applicable to it, its properties or the operation of its business, except where the failure to comply will not have a material adverse effect on the business, properties, financial condition or earnings of EMEDIA.

Section 4.09.                          True and Correct Copies. All documents furnished or caused to be furnished to OWNERS by EMEDIA are true and correct copies, and there are no amendments or modifications thereto except as set forth in such documents.

Section 4.10.                                        Contracts.

            (a)            Excluding any obligation referenced in this Agreement, EMEDIA is not a party to any:

                          (i)            contracts with any current or former officer, director, employee, consultant, agent or other representative having more than three (3) months to run from the date hereof or providing for an obligation to pay and/or accrue compensation of $100,000 or more per annum, or providing for the payment of fees or other consideration in excess of $100,000 in the aggregate to any officer or director of EMEDIA, or to any other entity in which EMEDIA has an interest;

                          (ii)            contracts for the purchase or sale of equipment or services that contain an escalation, renegotiation or re-determination clause or that can be cancelled without liability, premium or penalty only on ninety (90) days’ or more notice;

                          (iii)            contracts for the sale of any of its assets or properties or for the grant to any person of any preferential rights to purchase any of its or their assets or properties;

                          (iv)            contracts (including, without limitation, leases of real property) calling for an aggregate purchase price or payments in any one (1) year of more than $100,000 in any one case (or in the aggregate, in the case of any related series of contracts);

                          (v)            contracts relating to the acquisition by EMEDIA of any operating business of, or the disposition of any operating business by, any other person;

                          (vi)            executory contracts relating to the disposition or acquisition of any investment or of any interest in any person;

                          (vii)            joint venture contracts or agreements;

6

                          (viii)            contracts under which EMEDIA agrees to indemnify any party, other than in the ordinary course of business or in amounts not in excess of $100,000 or to share tax liability of any party;

                          (ix)            contracts containing covenants of EMEDIA not to compete in any line of business or with any person in any geographical area or covenants of any other person not to compete with EMEDIA in any line of business or in any geographical area;

                          (x)            contracts for or relating to computers, computer equipment, computer software or computer services; or

                          (xi)            contracts relating to the borrowing of money by EMEDIA or the direct or indirect guarantee by EMEDIA of any obligation for, or an agreement by EMEDIA to service, the repayment of borrowed money, or any other contingent obligations in respect of indebtedness of any other Person, including, without limitation:

                                        (A)            any contract with respect to lines of credit;

                                        (B)            any contract to advance or supply funds to any other person other than in the ordinary course of business;

                                        (C)            any contract to pay for property, products or services of any other person even if such property, products or services are not conveyed, delivered or rendered;

                                        (D)            any keep-well, make-whole or maintenance of working capital or earnings or similar contract; or

                                        (E)            any guarantee with respect to any lease or other similar periodic payments to be made by any other person; and

                          (xii)            any other material contract whether or not made in the ordinary course of business.

Section 4.11.                          Material Information.  This Agreement and all other information provided, in writing, by EMEDIA or representatives thereof to OWNERS, taken as a whole, do not contain any untrue statement of a material fact or omit to state a material fact necessary to make any statement contained herein or therein not misleading. There are no facts or conditions which have not been disclosed to OWNERS in writing which, individually or in the aggregate, could have a material adverse effect on EMEDIA or a material adverse effect on the ability of EMEDIA to perform any of its obligations pursuant to this Agreement.

Section 4.12.                          Brokerage.  No broker or finder has acted, directly or indirectly, for EMEDIA nor did EMEDIA incur any finder’s fee or other commission, in connection with the transactions contemplated by this Agreement.

7

ARTICLE V

REPRESENTATIONS AND WARRANTIES OF THE OWNERS

The OWNERS represent and warrant to EMEDIA as follows:

Section 5.01.                                        Organization, Standing and Authority; Foreign Qualification. (a) Target is a Danish private limited liability company duly organized, validly existing and in good standing under the laws of Denmark and has all requisite corporate power and authority to own, lease and operate its properties and to conduct its business as presently conducted and as proposed to be conducted and is duly qualified or licensed as a foreign corporation in good standing in each jurisdiction in which the character of its properties or the nature of its business activities require such qualification.

Section 5.02.                                        Authorization. The execution, delivery and performance by OWNERS of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary actions, as the case may be, on the part of OWNERS. OWNERS have duly executed and delivered this Agreement and this Agreement constitutes a valid and binding agreement of OWNERS.

Section 5.03.                                        Capitalization.

(a)            All of the Target Shares are duly authorized, validly issued, fully paid and non-assessable.  There are no outstanding options, warrants, agreements or rights to subscribe for or to purchase, or commitments to issue, shares of capital stock in Target or any other security of Target or any plan for any of the foregoing.

(b)            The Target Shares are not subject to any option, right of first refusal or any other restriction on transfer, whether by contract, agreement, applicable law, regulation or statute, as the case may be.

(c)            There are no outstanding loans, debts, bonds, indentures or promissory notes giving the holder thereof the right to convert such instruments into shares of Target’s capital stock.

Section 5.04.                                        Subsidiaries. Target does not have any subsidiaries.

Section 5.05.                          Sale of Exchange Shares. Upon completion of the purchase and sale of the Exchange Shares, OWNERS shall be the beneficial and record holder of the Exchange Shares.

Section 5.06.                          Investment Risk.  The OWNERS understand that an investment in EMEDIA includes a high degree of risk, each has such knowledge and experience in financial and business matters, investments, securities and private placements as to be capable of evaluating the merits and risks of their investment in the Exchange Shares, are in a financial position to hold the Exchange Shares for an indefinite period of time, and are able to bear the economic risk of, and withstand a complete loss of such investment in the Exchange Shares.

8

Section 5.07.                          Cooperation. If required by applicable securities laws or order of a securities regulatory authority, stock exchange or other regulatory authority, OWNERS will execute, deliver, file and otherwise assist EMEDIA in filing such reports, undertakings and other documents as may be required with respect to the issuance of the Exchange Shares.

Section 5.08.                          Tax Advice.  OWNERS are solely responsible for obtaining such legal, including tax, advice as any of them considers necessary or appropriate in connection with the execution, delivery and performance by OWNERS of this Agreement and the transactions contemplated herein.

Section 5.09.                                        Investment Representations.  All of the acknowledgements, representations, warranties and covenants set out in Exhibit A hereto are true and correct as of the date hereof and as of the Closing Date.

Section 5.10.                          No Conflict.  The execution, delivery and performance of this Agreement and the completion of the transactions contemplated herein will not:

(a)            violate any provision of the Articles or Certificate of Incorporation, Bylaws or other charter or organizational document of Target;

(b)            violate, conflict with or result in the breach of any of the terms of, result in any modification of the effect of, otherwise give any other contracting party the right to terminate, or constitute (or with notice or lapse of time or both constitute) a default under, any contract to which Target or any OWNER is a party or by or to which either’s assets or properties may be bound or subject;

(c)            violate any order, judgment, injunction, award or decree of any court, arbitrator or governmental or regulatory body against, or binding upon, or any agreement with, or condition imposed by, any governmental or regulatory body, foreign or domestic, binding upon Target or any OWNER or upon the securities, assets or business of Target and/or any OWNER;

(d)            violate any statute, law or regulation of any jurisdiction as such statute, law or regulation relates to Target and/or any OWNER or to the securities, properties or business of Target and/or any OWNER; or

(e)            result in the breach of any of the terms or conditions of, constitute a default under, or otherwise cause an impairment of, any permit or license held by Target.

Section 5.11.                          Articles of Incorporation and Bylaws.

            (a)            OWNERS have heretofore delivered to EMEDIA true, correct and complete copies of Target’s Articles of Incorporation and Bylaws or comparable instruments, certified by the corporate secretary thereof.

(b)            The minute books of Target accurately reflect all actions taken at all meetings and consents in lieu of meetings of its respective members or owners, and all actions taken at all meetings and consents in lieu of meetings of its managing members from the date of incorporation to the date hereof.

9

Section 5.12.                          Compliance with Laws.  To the best of OWNERS’ knowledge, neither Target nor any OWNER is in violation of any applicable order, judgment, injunction, award or decree nor are they in violation of any federal, provincial, state, local, municipal or foreign law, ordinance or regulation or any other requirement of any governmental or regulatory body, court or arbitrator, other than those violations which, in the aggregate, would not have a material adverse effect on Target or OWNERS and have not received written notice that any violation is being alleged.

Section 5.13.                          Material Information.  This Agreement and all other information provided in writing by OWNERS or representatives thereof to EMEDIA, taken as a whole, do not contain any untrue statement of a material fact or omit to state a material fact necessary to make any statement contained herein or therein not misleading.  There are no facts or conditions, which have not been disclosed to EMEDIA in writing which, individually or in the aggregate, could have a material adverse effect on Target and/or OWNERS or a material adverse effect on the ability of OWNERS to perform any of their obligations pursuant to this Agreement.

Section 5.14.                                        Actions and Proceedings.  There are no outstanding orders, judgments, injunctions, awards or decrees of any court, governmental or regulatory body or arbitration tribunal against or involving Target or any OWNER.  There are no actions, suits or claims or legal, regulatory, administrative or arbitration proceedings pending or, to the knowledge of OWNERS, threatened against or involving any OWNER, Target or the Target Shares.

Section 5.15.                                        Operations.  Except as contemplated by this Agreement, since its date of incorporation, Target has not:

(a)            amended its Certificate or Articles of Incorporation or Bylaws or merged with or into or consolidated with any other person or entity, subdivided or in any way reclassified any of its ownership interests or changed or agreed to change in any manner the rights of its ownership interests or the character of its business;

(b)            issued, reserved for issuance, sold or redeemed, repurchased or otherwise acquired, or issued options or rights to subscribe to, or entered into any contract or commitment to issue, sell or redeem, repurchase or otherwise acquire, any ownership interests or any bonds, notes, debentures or other evidence or indebtedness; or

(c)            made any loan or advance to any manager, officer, director or employee, consultant, agent or other representative.

Section 5.16.                          Brokerage.  OWNERS shall pay any brokerage, finder’s fee or other commission owed in connection with the transactions contemplated by this Agreement.

10

ARTICLE VI

COVENANTS AND AGREEMENTS OF OWNERS

Section 6.01.                          Conduct of Businesses in the Ordinary Course.  From the date of this Agreement to the Closing Date, OWNERS shall cause Target to conduct its business substantially and the businesses of its subsidiaries in the manner in which it is currently conducted.

Section 6.02.                          Preservation of Permits and Services.  From the date of this Agreement to the Closing Date, OWNERS shall cause Target to use its best efforts to preserve any permits and licenses in full force and effect and to keep available the services, and preserve the goodwill, of its present managers, officers, employees, agents, and consultants.

Section 6.03.                          Conduct Pending the Closing Date.  From the date of this Agreement to the Closing Date: (a) OWNERS shall cause Target to use its best efforts to conduct its affairs in such a manner so that, except as otherwise contemplated or permitted by this Agreement, the representations and warranties contained in Article V shall continue to be true and correct on and as of the Closing Date as if made on and as of the Closing Date; and (b) OWNERS shall promptly notify EMEDIA of any event, condition or circumstance that would constitute a violation or breach of this Agreement by OWNERS.

Section 6.04.                                        Corporate Examinations and Investigations.  Prior to the Closing Date, EMEDIA shall be entitled, through its employees and representatives, to make such reasonable investigation of the assets, liabilities, properties, business and operations of Target, and such examination of the books, records, tax returns, results of operations and financial condition of Target. Any such investigation and examination shall be conducted at reasonable times and under reasonable circumstances and OWNERS and his employees and representatives, including without limitation, their counsel and independent public accountants, shall cooperate fully with such representatives in connection with such reasonable review and examination.

ARTICLE VII

COVENANTS AND AGREEMENTS OF EMEDIA

Section 7.01.                          Conduct of Businesses in the Ordinary Course.  From the date of this Agreement to the Closing Date, EMEDIA shall conduct its businesses substantially in the manner in which it is currently conducted and shall not enter into any contract described in Section 4.10, or undertake any of the actions specified in Sections 4.11.

Section 7.02.                                        Litigation.  From the date of this Agreement to the Closing Date, EMEDIA shall notify OWNERS of any actions or proceedings of the type described in Section 4.07 that are threatened or commenced against EMEDIA or against any officer, director, employee, properties or assets of EMEDIA and of any requests for information or documentary materials by any governmental or regulatory body in connection with the transactions contemplated hereby.

Section 7.03.                          Conduct of EMEDIA Pending the Closing.  From the date hereof through the Closing Date:

11

(a)            EMEDIA shall use its best efforts to conduct its affairs in such a manner so that, except as otherwise contemplated or permitted by this Agreement, the representations and warranties contained in Article IV shall continue to be true and correct on and as of the Closing Date as if made on and as of the Closing Date; and

(b)            EMEDIA shall promptly notify OWNERS of any event, condition or circumstance occurring from the date hereof through the Closing Date that would constitute a violation or breach of this Agreement by EMEDIA.

Section 7.04.                                        Corporate Examinations and Investigations.  Prior to the Closing Date, OWNERS shall be entitled, through employees and representatives, to make any investigation of the assets, liabilities, properties, business and operations of EMEDIA; and such examination of the books, records, tax returns, results of operations and financial condition of EMEDIA. Any such investigation and examination shall be conducted at reasonable times and under reasonable circumstances and EMEDIA and its employees and representatives shall cooperate fully with such representatives in connection with such reasonable review and examination.

ARTICLE VIII

CONDITIONS PRECEDENT TO THE OBLIGATION OF EMEDIA TO CLOSE

The obligations of EMEDIA to be performed by it at the Closing pursuant to this Agreement are subject to the fulfillment on or before the Closing Date, of each of the following conditions, any one or more of which may be waived by it, to the extent permitted by law:

Section 8.01.                          Representations and Covenants.  (a)                                                                                    The representations and warranties of OWNERS contained in this Agreement shall be true and correct on and as of the Closing Date with the same force and effect as though made on and as of the Closing Date, except that any of such representations and warranties that are given as of a particular date and relate solely to a particular date or period shall be true as of such date or period; and

(b)          The OWNERS shall have performed and complied with all covenants and agreements required by this Agreement to be performed or complied with by him on or before the Closing Date. The OWNERS shall have delivered to EMEDIA a certificate, dated the Closing Date, and signed by OWNERS to the foregoing effect.

Section 8.02.                          Governmental Permits and Approvals.

            (a)            All approvals, authorizations, consents, permits and licenses from governmental and regulatory bodies required for the transactions contemplated by this Agreement and to permit the business currently carried on by Target to continue to be carried on substantially in the same manner immediately following the Closing Date shall have been obtained and shall be in full force and effect, and EMEDIA shall have been furnished with appropriate evidence, reasonably satisfactory to them, of the granting of such approvals, authorizations, consents, permits and licenses; and

12

(b)            There shall not have been any action taken by any court, governmental or regulatory body then prohibiting or making illegal on the Closing Date the transactions contemplated by this Agreement.

Section 8.03.                          Third Party Consents.  All consents, permits and approvals from parties to contracts with Target that may be required in connection with the performance by OWNERS hereunder or the continuance of such contracts in full force and effect after the Closing Date, shall have been obtained.

Section 8.04.                          Litigation.  No action, suit or proceeding shall have been instituted and be continuing or be threatened by any person to restrain, modify or prevent the carrying out of the transactions contemplated hereby, or to seek damages in connection with such transactions, or that has or could have a material adverse effect on Target, OWNERS, or on the Target Shares.

Section 8.05                          Due Diligence Review.  EMEDIA must have received results satisfactory to it, in its sole discretion, from its due diligence review of Target and its operations.

Section 8.06                          Closing Documents.  The OWNERS shall have executed and delivered the documents described in Section 2.03 above.

ARTICLE IX

CONDITIONS PRECEDENT TO THE OBLIGATION OF THE OWNERS TO CLOSE

The obligations of OWNERS to be performed by them at the Closing pursuant to this Agreement are subject to the fulfillment, on or before the Closing Date, of each the following conditions, any one or more of which may be waived by them, to the extent permitted by law:

Section 9.01.                          Representations and Covenants.  (a)                                                                                    The representations and warranties of EMEDIA contained in this Agreement shall be true and correct on and as of the Closing Date with the same force and effect as though made on and as of the Closing Date, except that any of such representations and warranties that are given as of a particular date and relate solely to a particular date or period shall be true as of such date or period; and

            (b)            EMEDIA shall have performed and complied with all covenants and agreements required by this Agreement to be performed or complied with by it on or before the Closing Date. EMEDIA shall have delivered to OWNERS a certificate dated the Closing Date, and signed by an authorized signatory of EMEDIA to the foregoing effect.

Section 9.02.                          Governmental Permits and Approvals.  (a)                                                                                                  All approvals, authorizations, consents, permits and licenses from governmental and regulatory bodies required for the transactions contemplated by this Agreement and to permit the business currently carried on by EMEDIA to continue to be carried on substantially in the same manner immediately following the Closing Date shall have been obtained and shall be in full force and effect, and OWNERS shall have been furnished with appropriate evidence, reasonably satisfactory to them, of the granting of such approvals, authorizations, consents, permits and licenses; and

13

            (b)            There shall not have been any action taken by any court, governmental or regulatory body then prohibiting or making illegal on the Closing Date the transactions contemplated by this Agreement.

Section 9.03.                          Litigation.  No action, suit or proceeding shall have been instituted and be continuing or be threatened by any person to restrain, modify or prevent the carrying out of the transactions contemplated hereby, or to seek damages in connection with such transactions, or that has or could have a material adverse effect on EMEDIA.

Section 9.04.                          Closing Documents.  EMEDIA shall have executed and delivered the documents described in Section 2.04 above.

ARTICLE X

TERMINATION

Section 10.01.                                        Termination.

(a)            Notwithstanding anything to the contrary in this Agreement, this Agreement may be terminated and the Share Exchange and the other transactions contemplated by this Agreement shall be abandoned at any time prior to the Closing:

                          (i)            by mutual written consent of OWNERS and EMEDIA;

                          (ii)            by either OWNERS or EMEDIA in the event that a temporary restraining order, preliminary or permanent injunction or other judicial order preventing the consummation of the Share Exchange or any of the other transactions contemplated hereby shall have become final and non-appealable; provided, that, the party seeking to terminate this Agreement pursuant to this clause (ii) shall have used all commercially reasonable efforts to have such order, injunction or other order vacated;

                          (iii)            by EMEDIA (a) if EMEDIA is not then in material breach of this Agreement and if there shall have been any breach by OWNERS (which has not been waived) of one or more of its representations or warranties, covenants or agreements set forth in this Agreement, which breach or breaches (A) would give rise to the failure of a condition set forth in Article VIII, and (B) shall not have been cured within thirty (30) days following receipt by OWNERS of written notice of such breach, or such longer period in the event that such breach cannot reasonably be expected to be cured within such 30‐day period and OWNERS is diligently pursuing such cure, or (b) if EMEDIA has not received results satisfactory to it, in its sole discretion, from its due diligence review of Target and its operations; or

                          (iv)            by OWNERS if they are not then in material breach of this Agreement and if there shall have been any breach by EMEDIA (which has not been waived) of one or more of its representations or warranties, covenants or agreements set forth in this Agreement, which breach or breaches (A) would give rise to the failure of a condition set forth in Article IX, and (B) shall not have been cured within thirty (30) days following receipt by EMEDIA of written notice of such breach.

14

(b)            In the event of termination by OWNERS or EMEDIA pursuant to this Section 10.01, written notice thereof shall forthwith be given to the other Party and the transactions contemplated by this Agreement shall be terminated, without further action by any Party.

Section 10.02.                                        Effect of Termination.  If this Agreement is terminated and the transactions contemplated hereby are abandoned as described in Section 10.01, this Agreement shall become null and void and of no further force and effect, except for the provisions of (i) Section 10.01 and this Section 10.02; and (ii) Section 12.01 relating to publicity. Nothing in this Section 10.02 shall be deemed to release any Party from any liability for any breach by such Party of the terms, conditions, covenants and other provisions of this Agreement or to impair the right of any Party to compel specific performance by any other Party of its obligations under this Agreement.

ARTICLE XI

POST-CLOSING COVENANTS

Section 11.01 OWNERS’ Covenants. The OWNERS hereby covenant with EMEDIA and promise as follows:

		(a)	To maintain the books, records, accounting and financial statements of Target and all operations related to its current business, in accordance with applicable accounting principles and practices.

		(b)	To maintain all of the legal requirements that permit Target to operate its current business under the federal and provincial laws and regulations of Denmark and comply with all other federal and provincial laws and regulations of Denmark.

		(c)	Not to incur any debt by Target in any event whatsoever, except with the prior written consent of the Board of Directors of EMEDIA.

MISCELLANEOUS

Section 12.01.                                        Public Notices.  The Parties agree that all notices to third parties and all other publicity concerning the transactions contemplated by this Agreement shall be jointly planned and coordinated and no Party shall act unilaterally in this regard without the prior approval of the others, such approval not to be unreasonably withheld.

Section 12.02.                                        Time.  Time shall be of the essence hereof.

Section 12.03.                                        Notices.  Any notice or other writing required or permitted to be given hereunder or for the purposes hereof shall be sufficiently given if delivered or faxed to the Party to whom it is given or, if mailed, by prepaid registered mail addressed to such Party at:

15

if to OWNERS, at:

Henrik Schaumann Jorgensen

Kirkegaardsvej 4, 2 -1

Aarhus C

Denmark

Christian Hedegaard Pedersen

Finderupvej 9, 1 -8

Aarhus C

Denmark

            if to EMEDIA, at:

eMedia Group Inc.

c/o W. Scott Lawler, Esq.

                        Booth Udall Fuller PLC

                       1255 W Rio Salado Pkwy #215

                       Tempe, AZ 85281

or at such other address as the Party to whom such writing is to be given shall have last notified to the Party giving the same in the manner provided in this article. Any notice mailed shall be deemed to have been given and received on the fifth Business Day next following the date of its mailing unless at the time of mailing or within five (5) Business Days thereafter there occurs a postal interruption which could have the effect of delaying the mail in the ordinary and usual course, in which case any notice shall only be effectively given if actually delivered or sent by telecopy. Any notice delivered or faxed to the Party to whom it is addressed shall be deemed to have been given and received on the Business Day next following the day it was delivered or faxed.

Section 12.04.   Severability.  If a court of competent jurisdiction determines that any one or more of the provisions contained in this Agreement is invalid, illegal or unenforceable in any respect in any jurisdiction, the validity, legality and enforceability of such provision or provisions shall not in any way be affected or impaired thereby in any other jurisdiction and the validity, legality and enforceability of the remaining provisions contained herein shall not in any way be affected or impaired thereby, unless in either case as a result of such determination this Agreement would fail in its essential purpose.

Section 12.05.                                        Entire Agreement.  This Agreement constitutes the entire agreement between the Parties and supersedes all prior agreements and understandings, oral or written, by and between any of the Parties with respect to the subject matter hereof.

Section 12.06.                                        Further Assurances.  The Parties shall with reasonable diligence, do all such things and provide all such reasonable assurances as may be required to consummate the transactions contemplated by this Agreement, and each Party shall provide such further documents or instruments required by the other Party as may be reasonably necessary or desirable to give effect to the purpose of this Agreement and carry out its provisions whether before or after the Closing Date.

16

Section 12.07.                                        Waiver.  Except as provided in this Article, no action taken or inaction pursuant to this Agreement will be deemed to constitute a waiver of compliance with any warranties, conditions or covenants contained in this Agreement and will not operate or be construed as a waiver of any subsequent breach, whether of a similar or dissimilar nature.  No waiver of any right under this Agreement shall be binding unless executed in writing by the Party to be bound thereby.

[the remainder of this page is intentionally left blank]

17

Section 12.08.  Counterparts.  This Agreement may be executed in as many counterparts as may be necessary or by facsimile and each such counterpart agreement or facsimile so executed shall be deemed to be an original and such counterparts and facsimile copies together shall constitute one and the same instrument and shall be valid and enforceable.

IN WITNESS WHEREOF the Parties hereto have set their hand and seal as of the day and year first above written.

EMEDIA

EMEDIA GROUP INC.

a Nevada corporation                                                                                                                

By: /s/ Henrik Schaumann Jorgensen

Name:  Henrik Schaumann Jorgensen                                                                                                                

Title: Chief Executive Officer

OWNERS

Henrik Schaumann Jorgensen

By: /s/ Henrik Schaumann Jorgensen

Name:  Henrik Schaumann Jorgensen                                                                                                                

Christian Hedegaard Pedersen

By: /s/ Christian Hedegaard Pedersen

Name:  Christian Hedegaard Pedersen                                                                                                                

18

EXHIBIT A

Non-U.S. Person Certificate

October 10th, 2015

eMedia Group Inc.

c/o W. Scott Lawler, Esq.

Booth Udall Fuller, PLC

1255 W. Rio Salado Parkway

Suite 215

Tempe, AZ 85281

Defined terms used but not defined herein shall have the meaning ascribed to such terms in the Share Exchange Agreement (the “Share Agreement”) dated October 10th, 2015, between eMedia Group Inc., a Nevada corporation (the “Company”); and Henrik Schaumann Jorgensen and Christian Hedegaard Pedersen (each an “Owner” and collectively, the “OWNERS”), whereby OWNERS are acquiring shares of the Company’s common stock (the “Shares”).

		1.	Each of the undersigned hereby represents, warrants and certifies that:

		(a)	He is not a “U.S. Person” (as such term is defined by Rule 902 of Regulation S under the U.S. Securities Act) and is not acquiring the Shares, directly or indirectly, for the account or benefit of any U.S. person.

Rule 902 under the U.S. Securities Act, defines a “U.S. Person” as:

		(A)	Any Natural person resident in the United States;

		(B)	Any partnership or corporation organized or incorporated under the laws of the United States;

		(C)	Any estate of which any executor or administrator is a U.S. Person;

		(D)	Any trust of which any trustee is a U.S. Person;

		(E)	Any agency or branch of a foreign entity located in the United States;

		(F)	Any non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit or account of a U.S. Person;

		(G)	Any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized, incorporated, or (if an individual) resident in the United States; and

19

		(H)	Any partnership or corporation if:

		(1)	Organized or incorporated under the laws of any foreign jurisdiction; and

		(2)	Formed by a U.S. Person principally for the purpose of investing in securities not registered under the Securities Act, unless it is organized or incorporated, and owned, by accredited investors (as defined in Rule 501(a) under the Securities Act) who are not natural person, estates or trusts.

The following are not “U.S. Persons:

		(A)	Any discretionary account or similar account (other than an estate or trust) held for the benefit or account of a Non-U.S. Person by a dealer or other professional fiduciary organized, incorporated, or (if an individual) resident in the United States;

		(B)	Any estate of which any professional fiduciary acting as executor or administrator is a U.S. Person if:

		(1)	An executor or administrator of the estate who is not a U.S. Person has sole or shared investment discretion with respect to the assets of the estate; and

		(2)	The estate is governed by foreign law;

		(C)	Any trust of which any professional fiduciary acting as trustee is a U.S. Person, if a trustee who is not a U.S. Person has sole or shared investment discretion with respect to the trust assets, and no beneficiary of the trust (and no settler if the trust is revocable) is a U.S. Person;

		(D)	Any employee benefit established and administered in accordance with the law of a country other than the United States and customary practices and documentation of such country;

		(E)	Any agency or branch of a U.S. person located outside the United States if:

		(1)	The agency or branch operates for valid business reasons; and

		(2)	The agency or branch is engaged in the business of insurance or banking and is subject to substantive insurance or banking regulation, respectively, in the jurisdiction where located; and

20

		(F)	The International Monetary Fund, the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development Bank, the African Development Bank, the United Nations, and their agencies, affiliates and pension plans, and any other similar international organizations, their agencies, affiliates and pension plans.

		(b)	The offer and scale of the Shares was made in an “offshore transaction” (as defined under Regulation S under the U.S. Securities Act), in that:

		(i)	The undersigned was outside the United States at the time the buy order for such Shares was originated; and

		(ii)	The offer to sell the Shares was not made to the undersigned in the United States.

		(c)	The transaction (i) has not been pre-arranged with a purchaser located inside of the United States or is a U.S. Person, and (ii) is not part of a plan or scheme to evade the registration requirements of the U.S. Securities Act.

		2.	The undersigned hereby covenants that:

		(a)	During the period prior to one year after the Closing (the “Restricted Period”) he will not engage in hedging transactions with regard to the Shares unless such transactions are made in compliance with the U.S. Securities Act;

		(b)	If he decides to offer, sell or otherwise transfer any of the Shares, he will not offer, sell or otherwise transfer any of such Shares directly or indirectly, unless:

		(i)	The sale is to the Company;

		(ii)	The sale is made outside the United States in a transaction meeting the requirements of Regulation S under the U.S. Securities Act and in compliance with applicable local laws and regulations; provided, however, that during the period prior to the expiration of the Restrictive Period no sale may be made to any U.S. Person or for the account or benefit of the U.S. person (other than a distributor) and all purchasers of such Shares will be required to execute and deliver to the Company a certificate substantially in the form hereof;

		(iii)	The sale is made in the United States pursuant to the exemption from the registration requirements under the U.S. Securities Act provided by Rule 144 thereunder and in accordance with any applicable state securities or “blue sky” laws and the purchaser has prior to such sale furnished to the Company an opinion of counsel reasonably satisfactory to the Company to the effect that such transaction does not require registration pursuant to Rule 144 under the U.S. Securities Act;

21

		(iv)	The Shares are sold in the United States in a transaction that does not require registration under U.S. Securities Act or any applicable state laws and regulations governing the offer and sale of securities, and he has prior to such sale furnished to the Company an opinion of counsel reasonably satisfactory to the Company to the effect that such transaction does not require registration; or

		(v)	The sale is made in the United States pursuant to an effective registration statement filed under the U.S. Securities Act.

		3.	The undersigned acknowledges and agrees that:

		(a)	The Shares are and will be “restricted securities” as that term is defined in Rule 144 under the U.S. Securities Act, and the certificates representing the Shares, as well as all certificates issued in exchange for or in substitution of the foregoing, until such time as is no longer required under the applicable requirements of the U.S. Securities Act or applicable state securities laws, will be subject to the terms of and bear, on the face of such certificate, a legend in substantially the following for:

THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933 (THE "U.S. SECURITIES ACT") OR ANY STATE SECURITIES LAWS, AND ARE BEING OFFERED AND SOLD IN RELIANCE ON EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT. THESE SECURITIES ARE RESTRICTED SECURITIES (AS DEFINED UNDER RULE 144 UNDER THE U.S. SECURITIES ACT) AND MAY NOT BE SOLD, TRANSFERRED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF FOR VALUE EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S PROMULGATED UNDER THE U.S. SECURITIES ACT, PURSUANT TO REGISTRATION UNDER THE U.S. SECURITIES ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION THEREUNDER.

DURING THE RESTRICTED PERIOD, WHICH DOES NOT END UNTIL ONE (1) FROM THE DATE THAT THE ISSUER OF THESE SECURITIES IS DEEMED NOT TO BE A “SHELL” COMPANY, THE SECURITIES REPRESENTED BY THIS CERTIFICATE MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY WITHIN THE UNITED STATES, TO A U.S. PERSON (AS DEFINIED IN REGULATION S UNDER THE U.S. SECURITIES ACT), OR FOR THE ACOUNT OR BENEFIT OF A U.S. PERSON, EXCEPT PURSUANT TO REGISTRATION UNDER THE U.S. SECURITIES ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION THEREUNDER. DURING THE RESTRICTED PERIOD HEDGING TRANSACTIONS INVOLVING THESE SECURITIES MAY NOT BE CONDUCTED UNLESS SUCH TRANSACTIONS ARE MADE IN COMPLIANCE WITH THE U.S. SECURITES ACT.  THIS PARAGRAPH SHALL HAVE NO FURTHER EFFECT SUBSEQUENT TO THE EXPIRATION OF THE RESTRICTED PERIOD AND THEREAFTER MAY BE REMOVED.

22

		(b)	The Company will refuse to register any sale of Shares made in breach of the provisions hereof.

		(c)	The addressees of this certificate and others will rely upon the truth and accuracy of the foregoing acknowledgements, representations, warranties and agreements, and irrevocably authorizes the addressees of this certificate to produce the same or a copy thereof to any interested party in any administrative or legal proceeding or official enquiry with respect to the matters set forth herein. Each of the undersigned further agrees that if any of acknowledgements, representations, warranties or agreements made herein is no longer accurate, he shall promptly notify the Company

10th October 2015

Henrik Schaumann Jorgensen

By: /s/ Henrik Schaumann Jorgensen

Name:  Henrik Schaumann Jorgensen                                                                                                                

Christian Hedegaard Pedersen

By: /s/ Christian Hedegaard Pedersen

Name:  Christian Hedegaard Pedersen

23Exhibit
10.8

 

REVISED:
September 28, 2015

Amendment
Number 1 attached

 

May
20, 2015

 

Darwin
Fogt, CEO & President

eWellness
Healthcare Corporation

11825
Major Street

Culver
City, California 90230

 

Dear
Darwin:

 

This
letter (the “Agreement”) will confirm the agreement, effective as of the above date (the “Effective Date”),
by and between Mavericks Capital LLC (“Mavericks Capital”) and, to the extent required by federal and state securities
laws, Mavericks Capital Securities LLC (“Mavericks Securities”), and eWellness Healthcare Corporation and its controlled
subsidiaries, if any, (“eWellness”, the “Company” or “you”). Whenever this Agreement refers
to “Mavericks” or “we,” it refers to both Mavericks Capital and Mavericks Securities and each of them
is bound and has rights with respect to the terms of the Agreement. Certain other terms used herein are defined in Section 7 hereof.

 

Mavericks
acknowledges and agrees that the primary objective of this relationship is to assist the Company in the execution of a Financing
and/or Strategic Partnership transaction. Other alternatives are included as well for the sake of transparency and completeness.
You may from time to time ask us to perform additional or other services beyond the engagement described in this Agreement. If
you do request such services, we may need to clear conflicts of interest, and we may need to enter into a separate engagement
agreement, or an amendment of this Agreement, with you. If the scope of our engagement changes, the terms set out in this Agreement
will apply unless we enter into a subsequent written agreement or an amendment to this Agreement. Otherwise, we will proceed in
reliance upon the description and terms set forth in this Agreement.

 

1.
Engagement; Strategic Advisory Services; Discretion of the Company as to Transactions; Outcomes.

 

a.
Engagement; Advisory Services. The Company hereby engages Mavericks, as of the Effective Date, to act during the Term (as
defined herein) as non-exclusive strategic advisor to the Company in connection with one or more proposed Transactions (as defined
herein), under the terms set forth in this Agreement. It is understood that eWellness has separately retained Merriman Capital,
Inc. for them to seek investment(s) from Hedge Funds, Family Offices and Accredited Investors. Mavericks will advise the Company
with respect to various strategic alternatives designed to maximize value for stockholders while minimizing, to the extent possible,
overall risk, including execution of a Financing and/or Strategic Partnership transaction, and will, using its commercially reasonable
efforts, perform the strategic advisory services for the Company, and will deliver to the Company such deliverables, as are described
on Schedule A attached hereto and incorporated herein by reference. Mavericks is not undertaking to provide any advice to the
Company relating to legal, regulatory, accounting or tax matters (per SEC and FINRA regulations). In furtherance thereof, the
Company acknowledges and agrees that (a) the Company and its Affiliates have relied upon and will continue to rely upon the advice
from their own legal, regulatory, tax and accounting advisors for all matters relating to any Transaction, and (b) neither the
Company nor any of its Affiliates has received, or has relied upon, the advice of Mavericks or its affiliates regarding matters
of law, regulation, taxation or accounting. Mavericks Securities, a securities broker-dealer registered with the Securities and
Exchange Commission and a member of the Financial Industry Regulatory Authority (“FINRA”), will provide any services
under this Agreement, and will receive any compensation, that require registration or licensing as a securities broker-dealer
under federal or state law.

 

 

    	 

    	Confidential: eWellness Healthcare Corporation

    

 

b.
Discretion of the Company as to Transactions. The Company will have the sole discretion, by action of the Board of Directors
of the Company (the “Board”), to determine whether to enter into any Transaction and to determine the terms for any
such Transaction.

 

c.
Outcomes. The Company expressly acknowledges that Mavericks cannot warrant or guarantee any particular outcome from this
Agreement or as to any Transaction. Mavericks will have no liability to the Company in the event that no Transaction results from
the services provided under this Agreement.

 

2.
Term; Termination; Tail Period; Effect of Termination.

 

a.
Term; Termination. The term of this Agreement (the “Term”) will commence on the Effective Date and will
continue until terminated by either Party as hereinafter provided. Either Party may terminate this Agreement at any time on at
least thirty (30) days prior written notice to the other Party (or such shorter or longer notice period as the Parties may agree
in writing).

 

b.
Tail Period. After termination hereof, the Company will be obligated to pay Mavericks a Transaction Fee, as described in
Section 3 hereof, with respect to Transactions that are consummated prior to the expiration of the period (the “Tail
Period”) commencing at the date of such termination and concluding twenty-four (24) months after such date of termination.

 

c.
Effect of Termination. Upon termination of this Agreement, the obligation of Mavericks to provide services hereunder will
terminate. The provisions of Sections 3 - 6 and 9 - 22 hereof, and the obligations of the Company hereunder to pay fees to and
to reimburse Mavericks will survive any termination of this Agreement.

 

3.
Fees. The Company will pay Mavericks, as compensation for Mavericks’ services under this Agreement, the following
fees. Mavericks’ fees hereunder will not be reduced by any other obligation that the Company may have to any other broker,
finder or advisor.

 

    	Mavericks Capital LLC	2

    	Confidential: eWellness Healthcare Corporation	 

    

 

a.
Commitment Fee. The Company will pay Mavericks a monthly retainer fee (the “Commitment Fee”) of $10,000,
prorated for partial months on a 30-day basis. This retainer initially will be deferred, cumulate, and be payable when the Company
raises $250,000 in new investor funds from the Effective Date. Afterwards, it will be paid monthly in full. As part of the Commitment
Fee, the Company will also grant Mavericks warrants to purchase 250,000 shares of the Company’s Common Stock at an exercise
price of $0.35 per share during the ten (10) year period following its issuance as well as other contain customary terms, including
a net exercise (cashless exercise) provision. Any Commitment Fee paid by the Company to Mavericks will not be credited towards
any Transaction Fee payable by the Company to Mavericks.

 

b.
Transaction Fee. In addition to the Commitment Fee, the Company will pay Transaction Fees to Mavericks as set forth below:

 

i.
Financing:

 

1.
If a Financing is consummated with one or more Transaction Parties during the Term or Tail Period, then the Company will pay Mavericks,
or Mavericks Securities if the fee is a success fee involving the purchase or sale of securities and is required by federal and
state securities laws, a success fee based on the Aggregate Consideration received (the “Financing Transaction Fee”),
in an amount according to the following Financing Transaction Fee Schedule:

 

	 	Financing
    Aggregate Consideration	 	Success
    Fee
	 	 	 	 
	 	Total
    gross Financing proceeds	 	A
    cash payment equal to 6% of Financing Aggregate Consideration will be paid to at the consummation of the Financing, plus 
	 	 	 	 
	 	 	 	A
    warrant (the “Warrant”), as described below, will be issued at the closing of the Financing transaction.

 

a.
If the Financing consists of the issuance by the Company of shares of Preferred Stock or Common Stock or a combination thereof
(the “Financing Stock”), then the Warrant (1) will be exercisable to purchase a number of shares of the Financing
Stock of the Company issued in such Financing equal to 3% of the total of such Financing Stock sold by the Company (i.e., if 5,000,000
shares of Preferred Stock are sold in the Financing, the Warrant will be exercisable during the ten (10) year period following
its issuance for 150,000 shares of the Preferred Stock issued in the Financing), and (2) will have an exercise price per share,
equal to the per share price at which such Financing Stock was sold exercisable in cash and/or cancellation of indebtedness of
the Company, and (3) will contain customary terms contained in warrants issued as compensation in a financing transaction, including
a net exercise (cashless exercise) provision.

 

b.
If the Financing consists of the issuance of promissory notes of the Company (“Bridge Notes”) which are by their terms
convertible, into shares of its Preferred Stock or Common Stock or a combination thereof (the “Note Conversion Stock”),
then the Warrant (1) will provide that it will be exercisable during the ten (10) year period following its issuance to purchase
a number of shares of the Note Conversion Stock of the Company equal to 3% of the number of shares of Note Conversion Stock assuming
that all Bridge Notes have been converted (i.e., if a total of 5,000,000 shares of the total number of shares of Preferred Stock
issued in the Conversion Trigger Financing are issued to the holders of such converted Bridge Notes in the Conversion Trigger
Financing, the Warrant will be exercisable for 150,000 shares of the Preferred Stock issued to such holders in such Conversion
Trigger Financing) subject to the same anti-dilution provisions contained in the Bridge Note, and (2) will have an exercise price
which is equal to the conversion per share price at which such Bridge Notes are convertible into Note Conversion Stock payable
by cash and/or cancellation of indebtedness of the Company, and (3) will contain customary terms for warrants issued as compensation
in a financing transaction, including a net exercise (cashless exercise) provision.

 

    	Mavericks Capital LLC	3

    	Confidential: eWellness Healthcare Corporation	 

    

 

2.
Notwithstanding the foregoing, if a definitive written agreement is entered into by the Company during the Term or during the
Tail Period for a Financing, and such definitive agreement provides for (a) structured or tiered investment in the Financing over
time or upon the occurrence of certain events, or (b) rights to acquire securities of the Company upon payment or delivery of
additional consideration, then the Company will pay the Financing Transaction Fee within five (5) business days after the Company’s
receipt of such relevant amount of Financing Aggregate Consideration.

 

ii.
Strategic Partnership:

 

1.
If a Strategic Partnership is consummated during the Term or during the Tail Period, the Company will pay Mavericks Capital, or
Mavericks Securities if the fee is a success fee involving the purchase or sale of securities and is required by federal and state
securities laws, a success fee (the “Strategic Partnership Transaction Fee”) based on the Aggregate Consideration
received in an amount according to the following Strategic Partnership Transaction Fee Schedule:

 

	 	Strategic
    Partnership Aggregate Consideration:	 	
	 	Upfront
    Payment	 	Success
    Fee
	 		 	 
	 	Any
    purchase of securities in the Company as part of the Strategic Partnership Transaction	 	Financing
    Transaction Fee determined as provided in the Financing Transaction Fee Schedule in Section 3.b.i hereof
	 	 	 	 
	 	Up
    to $1M (excluding any purchase of securities)	 	$75,000
	 	 	 	 
	 	Over
    $1M (excluding any purchase of securities)	 	$75,000
    plus 5% of amount in excess of $1M
	 	 	 	 
	 	Strategic
    Partnership Aggregate Consideration:	 	 
	 	Subsequent
                                         Payments incl. Milestones & Royalties
	 	Success
    Fee
			 	 
	 	Any
    purchase of securities in the Company as part of the Strategic Partnership Transaction	 	Financing
    Transaction Fee determined as provided in the Financing Transaction Fee Schedule in Section 3.b.iii hereof
	 	 	 	 
	 	Up
    to $20M (excluding any purchase of securities)	 	5%
    of the amount of such subsequent payments
	 	 	 	 
	 	Over
    $20M (excluding any purchase of securities)	 	4%
    of the amount of such subsequent payments

 

    	Mavericks Capital LLC	4

    	Confidential: eWellness Healthcare Corporation	 

    

 

iii.
Sale of Company:

 

1.
If (A) a Sale of Company is consummated during the Term or during the Tail Period, or (B) any party in a Strategic Partnership
or Financing, as herein defined, acquires the other party pursuant to a Transaction Option, as hereinafter defined, regardless
of when such exercise and Transaction Option is consummated, the Company will pay Mavericks Capital or Mavericks Securities a
success fee based on Aggregate Consideration, as hereinafter defined, received (the “Sale of Company Transaction Fee”),
in an amount according to the following Sale of Company Transaction Fee Schedule:

 

	 	Sale
    of Company Aggregate Consideration	 	Success
    Fee
	 	 	 	 
	 	Up to $10M	 	Greater of 7.5%
    of Aggregate Consideration or $500k
	 	$10M and less
    than $50M	 	$0.75M plus 5%
    of the amount in excess of $10M
	 	$50M and less
    than $100M	 	$2.75M plus 4%
    of the amount in excess of $50M
	 	Greater than $100M	 	$4.75M
    plus 3% of the amount in excess of $100M

 

2.
In the event that a Sale of Company Transaction is structured as a tender offer, or as a merger, the Company will ensure that
the binding agreements with respect to such Transaction provide for the payment to Mavericks Capital or Mavericks Securities by
the Company prior to payments or proceeds going to the equity holders of the Company.

 

c.
Break-Up Fees. If the Company is entitled to receive a break-up, termination, “topping,” expense reimbursement
or similar fee or payment (including, without limitation, any judgment for damages or amount in settlement of any dispute as a
result of such termination, abandonment or failure to occur) (a “Break-Up Fee”) from a third party and a Transaction
Fee would have been due to Mavericks but for the termination, abandonment or failure of the Transaction, Mavericks will be entitled
to a cash fee, payable promptly following the Company’s receipt of such Break-Up Fee, equal to the lesser of (i) 25% of
the aggregate amount of all such Break-Up Fees received by the Company or (ii) $500,000.00.

 

d.
No Future Reduction in Fees. Transaction Fees due hereunder that are attributable to that part of the relevant Aggregate
Consideration which is deferred or is conditional or contingent upon the occurrence of some future performance or event (excluding
a customary escrow deposit if required in the case of a Sale of Company Transaction) will not be subject to termination or reduction
as a result of the termination or reduction of such deferred, conditional or contingent Aggregate Consideration by the Company
(or its successor-in-interest) in a subsequent transaction for material consideration. Thus, in the case where a subsequent transaction
truncates the fees Mavericks would have otherwise received, the Company and Mavericks will mutually agree upon on a lump sum payment
(payable at the closing of the subsequent transaction) to make Mavericks whole. If the Company and Mavericks cannot agree on that
lump sum payment, the Company will pay Mavericks a Transaction Fee based on the subsequent Transaction according to the fee schedules
above.

 

4.
Out-of-Pocket Expenses. For expenses incurred by Mavericks during the course of executing a Transaction, the Company will
reimburse Mavericks for travel and all other reasonable out-of-pocket expenses provided that Mavericks will not incur such expenses
in excess of $500 individually or in the aggregate without the Company’s prior written consent, which consent will not be
unreasonably or untimely withheld. Mavericks will invoice a monthly fee of $300, which is a prorated charge for each of its clients
for the use of several expensive databases that Mavericks has contracted on behalf of its clients. The Company will also, upon
the prior written approval, pay any service provider engaged by Mavericks directly for payments over $500. Mavericks and any such
service provider will provide the Company with such receipts or invoices, and in such format, as the Company may request in good
faith in order for the Company to meets its requirements under IRS regulations.

 

    	Mavericks Capital LLC	5

    	Confidential: eWellness Healthcare Corporation	 

    

 

5.
Timing and Method of Payments. Unless otherwise specified in this Agreement, payment of the Commitment Fee, Transaction
Fee, and expense reimbursement by the Company will be paid to Mavericks in U.S. dollars by wire transfer to the account or accounts
identified by Mavericks in writing to the Company as follows: (a) as to the Commitment Fee and reimbursement of expenses, within
five (5) business days after receipt by the Company from Mavericks of an invoice therefor, (b) as to a Financing or Strategic
Partnership Transaction Fee, within five (5) business days after the Company’s receipt (or, as relevant, the receipt by
its equityholders, depending on the structure of the Transaction) of the relevant Aggregate Consideration, and (c) as a Sale of
Company Transaction Fee, contiguous to the Company’s receipt (or, as relevant, the receipt by its equityholders, depending
on the structure of the Transaction) of the relevant Aggregate Consideration. Transaction Fees due hereunder that are attributable
Aggregate Consideration which is contingent upon the occurrence of a future event (excluding a customary escrow deposit if required
in the case of a Sale of Company Transaction) will be paid by the Company to Mavericks within five (5) business days after the
Company’s receipt of the relevant Aggregate Consideration which is contingent upon the occurrence of some future event.

 

6.
Reporting. For so long as any amounts are due or potentially due to Mavericks hereunder from the Company with respect to
any Transaction, the Company and any successor in interest to the Company or its assets will continue to provide such written
financial reports to Mavericks Capital or to Mavericks Securities and their assigns (such as Shareholder Representative Services
LLC or similar company) as will enable Mavericks Capital or Mavericks Securities to determine independently the amount of Transaction
Fees due hereunder as to such Transaction, provided that such reports will contain only financial information upon which Transaction
Fees are calculated to be due hereunder and will not contain any Company information deemed to be proprietary or confidential.

 

7.
Certain Definitions. As used in this Agreement, the following words have the following meaning.

 

a.
“Affiliate” means: (i) a director, executive officer, employee, consultant of the Company, or a stockholder
owning at least five percent (5%) of the issued and outstanding shares of the Company Common Stock, or securities exercisable
or convertible into at least 5% of the Company’s assets or Common Stock, and (ii) as to a Party, a party controlling, controlled
by or under common control with such Party.

 

    	Mavericks Capital LLC	6

    	Confidential: eWellness Healthcare Corporation	 

    

 

b.
“Aggregate Consideration” means the value of all consideration paid in a Transaction, in whatever form, including,
but not limited to cash, cash equivalents, promissory notes, liabilities assumed, payments made to third parties on behalf of
a Party, earn-outs, royalties, real property sold or leased, intellectual property sold or licensed, assets, products, or securities
and employment agreements, consulting agreements, management agreements provided that, in the case of employment agreements, consulting
agreements and management agreements, the value of the consideration paid under these agreements will only be included in the
calculation of Aggregate Consideration to the extent such value exceeds the average consideration paid to such employee by the
Company over the previous two years by more than 25%; and provided that payments (including milestone and/or royalty payments)
due by the Company to any third party (including Affiliates) will not be deducted from, and will be included in, the calculation
of Aggregate Consideration.

 

The
fair market value of any noncash component, such as securities (whether debt or equity) or other property, which are part of Aggregate
Consideration will be determined as follows:

 

i.
The value of securities that are freely tradable on an established public market will be determined by the average closing market
prices, weighted by trading volume, for the ten trading days prior to (1) the closing of the Transaction with respect to securities
paid at such closing or (2) the date securities are deliverable to the Company or its stockholders with respect to such securities
delivered later than the closing; it being understood that for the purposes herein, restricted securities for which there is a
public market for the underlying security will be deemed to be valued at the public market price of such securities without applying
any type of discount; and

 

ii.
The value of securities that are not freely tradable or have no established public market, and the value of Aggregate Consideration
that consists of other property, will be the fair market value as of the date the securities or other property are released to
the Company or its stockholders, as determined in good faith by Mavericks and the Company, or a mutually agreed third party if
Mavericks and the Company cannot agree to valuation.

 

If
there is no resolution as to the value under such securities under this subsection by the Parties prior to the closing of a Transaction,
then the Company will ensure that sufficient Aggregate Consideration is placed into escrow in the amount of such value claimed
by Mavericks, until resolution of such value.

 

c.
“Business day” means a day when U.S. national banks in New York are open for business.

 

d.
“Financing” means any issuance or sale of the Company’s equity or debt securities.

 

e.
“Sale of Company” means one or a series of transactions whereby, directly or indirectly, control of or a material
interest in the Company or any of its businesses or assets, such that the value of such interest or businesses or assets is equal
to or greater than fifty-one percent (51%) of the total equity or value of the Company, are transferred to or combined with that
of any person or one or more persons formed by or affiliated with such person, including, without limitation, an acquisition,
a disposition or exchange of capital stock or assets, a merger or consolidation, a tender or exchange offer, a leveraged buyout,
or the formation of a joint venture or partnership or any similar transaction; provided that if such transaction or transactions
include a payment to the Company of a percentage of sales or profits of the business or assets (i.e., royalties or profit share)
transferred at any time more than two (2) years after the date that the Transaction is consummated, such transaction will be defined
as a Strategic Partnership rather than as a Sale of Company.

 

    	Mavericks Capital LLC	7

    	Confidential: eWellness Healthcare Corporation	 

    

 

f.
“Strategic Partnership” means any transaction or related series or combination of transactions whereby, directly
or indirectly, the Company or an Affiliate sells, contributes, or exchanges such Party’s assets (including drugs, drug candidates,
medical devices, diagnostics, or the like), services, or technology (including, but not limited to, the transfer, sharing, licensing,
or other transaction involving its or another party’s technology or intellectual property or other assets), or enters into
a joint venture, partnership, in- or out-licensing agreement, or similar transaction that does not satisfy the definition of a
Sale of Company or Financing.

 

g.
“Transaction” means, individually or collectively, a Sale of Company, Strategic Partnership, or Financing,
as the case may be.

 

h.
“Transaction Fee” means, individually or collectively, a Sale of Company Transaction Fee, Strategic Partnership
Transaction Fee, or Financing Transaction Fee, as the case may be.

 

i.
“Transaction Fee Schedule” means, individually or collectively, a Sale of Company Transaction Fee Schedule,
Strategic Partnership Transaction Fee Schedule, or Financing Transaction Fee Schedule, as set forth in this Agreement, as the
case may be.

 

j.
“Transaction Option” means an option or right of the relevant Transaction Party, contained in any definitive
written agreement for a Sale of Company, Strategic Partnership, or Financing which is entered into by the Company during the Term
or during the Tail Period, which provides for such Transaction Party to complete a transaction after the Term and/or after the
Tail Period that would be deemed a Sale of Company, Strategic Partnership, or Financing hereunder.

 

k.
“Transaction Party” or “Transaction Parties” means any party consummating a Transaction
with the Company, including without limitation, purchasers or acquirers of, strategic partners with, licensees or licensors of,
and/or investors in the Company.

 

8.
Information.

 

a.
The Company will furnish, or cause to be furnished, to Mavericks such information as Mavericks believes appropriate to its engagement
hereunder (all such information referred to collectively herein as “Information”) and the Company represents
that to the best of its knowledge, all such Information will be true, accurate and complete in all material respects as of the
date provided. The Company will use commercially reasonable efforts to notify Mavericks promptly of any change that may be material
in such Information. Mavericks will preserve such information according to relevant FINRA and SEC regulations.

 

    	Mavericks Capital LLC	8

    	Confidential: eWellness Healthcare Corporation	 

    

 

b.
Mavericks will be entitled to rely on and use the Information and other information that is either publicly available or supplied
by the Company without independent verification, and will not be responsible in any respect for the accuracy, completeness or
reasonableness of all such Information as it is provided to Mavericks or to conduct any independent verification or any appraisal
or physical inspection of properties or assets.

 

c.
Mavericks will assume that all financial forecasts in such Information have been reasonably prepared and reflect the best then-currently
available estimates and judgments of the Company as to the expected future financial performance of the Company.

 

d.
Mavericks acknowledges and agrees that it may, pursuant to this Agreement, be given access to, or provided with information that
the Company considers to be information that is not made available to the public (“Confidential Information”).
Mavericks will take necessary precautions to safeguard Confidential Information from disclosure to third parties, and will not
use the Confidential Information for any purpose except in carrying out its duties hereunder, and will, if so requested in good
faith by the Company, execute and deliver a customary Nondisclosure Agreement, separate from this Agreement, with respect to such
Confidential Information. Mavericks may, on a case by case basis, disclose Confidential Information to third parties, including
potential Transaction Parties, as necessary to carry out its duties hereunder, provided the Company has approved such disclosure
to the relevant third party in writing to Mavericks in advance of the disclosure. Mavericks will cooperate in good faith with
Company to assist the Company to enter into such confidentiality agreements with such third parties prior to such disclosures
as the Company may require.

 

9.
Disclosure. The Company acknowledges that all materials and advice given by Mavericks in connection with Mavericks’
engagement hereunder is solely for the benefit and use of the executive management (Chief Executive Officer, President and Vice
Presidents) and the Board in considering the Transactions. Except as required by law, the Company agrees that no such materials
and advice will be used for any other purpose or be disclosed, reproduced, disseminated, quoted or referred to at any time, in
any manner or for any other purpose, nor will any public reference to Mavericks be made by or on behalf of the Company, in each
case without Mavericks’ prior written consent, which consent will not be unreasonably or untimely withheld. The Company
agrees to not use any valuation work provided as part of this engagement for the purposes of selling securities or valuing the
company to an external party. The Company also agrees that such valuation is not, and should not be considered to be, a fair value
opinion by Mavericks.

 

10.
No Third Party Beneficiaries. The Company acknowledges and agrees that Mavericks has been retained to act as a financial
advisor to the Company, and not as an advisor to or agent of any other person under this Agreement, and that the Company’s
engagement of Mavericks is not intended to, and does not, confer rights upon any person not a party to this Agreement (including
stockholders, employees or creditors of the Company) against Mavericks or its affiliates, or their respective Directors, officers,
employees or agents. This Agreement is not intended to, and does not, confer rights upon any Affiliate of Mavericks nor any of
Mavericks’ members or other equityholders, employees or creditors.

 

11.
Independent Contractor; Taxes. Mavericks is engaged hereunder by the Company as, and will act hereunder as, an independent
contractor, and any duties arising out of Mavericks’ engagement hereunder will be owed solely to the Company. Neither Party
has the power or the authority to bind the other Party to any third party nor to commit any obligation of the other Party to any
third party. Mavericks will be responsible for payment of all taxes owed by it on all amounts paid to it by the Company hereunder.

 

    	Mavericks Capital LLC	9

    	Confidential: eWellness Healthcare Corporation	 

    

 

12.
Indemnification. The Company and Mavericks agree to the provisions with respect to the Company’s indemnity of Mavericks
set forth in, and other matters set forth in, Schedule B attached hereto and incorporated herein by reference.

 

13.
Publicity. Upon consummation of a Transaction, Mavericks may, at Mavericks’ expense, place a customary announcement
in such newspapers, periodicals or other media as Mavericks may choose, stating that Mavericks has acted as a financial advisor
to the Company in connection with such Transaction, provided that the Company has approved the content of such announcement in
final form prior to its placement, which approval will not be unreasonably or untimely withheld. Any announcement by the Company
as to the consummation of a Transaction in which Mavericks is mentioned will require the written approval of Mavericks as to such
mention in the final form thereof prior to the publication of such announcement by the Company, which approval will not be unreasonably
or untimely withheld.

 

14.
Amendments and Successors. This Agreement may not be waived, amended, modified, or assigned in any way, in whole or in
part, including by operation of law, without the prior written consent of the Company and Mavericks. The provisions of this Agreement
will inure to the benefit of and be binding upon the successors and assigns of the Company and Mavericks.

 

15.
Entire Agreement. This Agreement, including Schedules A and B hereto, constitutes the entire agreement between Mavericks
and the Company with respect to the subject matter of this Agreement, and supersedes any prior agreements and understandings between
the Parties with respect to such subject matter.

 

16.
Notices; Counting of Time. All notices and other communications under this Agreement will be in writing and will be given
by personal or courier delivery, or by electronic mail (“email”), and will be deemed to have been duly given upon
receipt if personally delivered, including delivery by courier, or on the date of transmission if transmitted by email without
rejection, to the addresses of the Parties as set forth herein. Notices hereunder may not be delivered by facsimile or mail.
Either Party may change such Party’s address for notices by notice duly given pursuant to this Section 16:

 

a.
If to Mavericks Capital or Mavericks Securities:

 

Mavericks
Capital LLC

(or, as applicable)

Mavericks Capital Securities LLC

Attn: Jeffrey S. Karan, Managing Partner

600 Hansen Way, Suite 200

Palo Alto, California, 94304

USA

Email:
jeff.karan@maverickscap.com

 

    	Mavericks Capital LLC	10

    	Confidential: eWellness Healthcare Corporation	 

    

 

b.
If to the Company:

 

eWellness
Healthcare Corporation

Attn: Darwin Fogt, President

11825
Major Street

Culver
City, California 90230

USA

Email:
darwin@evolution-pt.com

 

For
purposes of counting of time under this Agreement, the day upon which the event occurs which initiates such relevant time period
will not be counted, and the day immediately next thereafter will be counted as the first day of the relevant period.

 

17.
Headings. Section and paragraph headings in this Agreement are intended for convenience of reference only, and will not
in any way limit, define, amplify or otherwise affect the interpretation of any term of this Agreement.

 

18.
Severability. The Parties believe that the provisions of this Agreement are no broader in scope and duration than is necessary
to protect the legitimate interests of the Parties being protected in this Agreement, and therefore it is the intent of the Parties
that such provisions be enforced to the fullest extent permissible under applicable law. If a court of competent jurisdiction
declares any provision of this Agreement illegal, invalid or otherwise unenforceable, such provision will be deemed severed to
the extent or scope of the illegality, invalidity or unenforceability. If it remains possible after such severance for the remaining
provisions of this Agreement to achieve the essential intent of the Parties, such remaining provisions will be deemed to remain
in full force and effect.

 

19.
Counterparts. This Agreement may be executed in any number of counterparts, all of which taken together will constitute
one agreement binding on each of the Parties.

 

20.
Electronic Storage. This Agreement and its attendant signatures may be scanned into image or PDF document form, and the
electronic copy will be deemed to carry the same legal, binding weight as the original document.

 

21.
Governing Law and Jurisdiction. This Agreement and all matters relating to this Agreement shall be governed by, and construed
in accordance with, the laws of the State of California, without reference to the conflict of laws principles of the State of
California. The parties hereby (a) irrevocably submit to the exclusive jurisdiction of the state courts of California, and the
federal courts of the United States of America, located in Santa Clara, California in respect of the interpretation or enforcement
of this Agreement and (b) waive any objection to such jurisdiction or such venue. Each of the parties hereby agrees that mailing
of process or other papers in connection with any such action or proceeding in the manner provided in the notice provisions above,
or in such other manner as may be permitted by law, shall be valid and sufficient service of such process or other papers.

 

    	Mavericks Capital LLC	11

    	Confidential: eWellness Healthcare Corporation	 

    

 

22.
Advice of Counsel. EACH PARTY ACKNOWLEDGES THAT, IN EXECUTING THIS AGREEMENT, SUCH PARTY HAS HAD THE OPPORTUNITY TO SEEK
THE ADVICE OF LEGAL COUNSEL, AND HAS READ AND UNDERSTOOD ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT. THIS AGREEMENT WILL
NOT BE CONSTRUED AGAINST EITHER PARTY BY REASON OF THE DRAFTING OR PREPARATION HEREOF.

 

We
are enthusiastic about the opportunity of working with you on this important assignment. If this letter correctly sets forth the
understanding between us, please so indicate by signing on the designated space below and returning a signed copy to me by hand,
or by email to me at jeff.karan@maverickscap.com.

 

	 	Sincerely,
	 	 
	 	 
	 	Jeffrey S. Karan
	 	Managing Partner
	 	Mavericks Capital
    LLC and
	 	Mavericks Capital
    Securities LLC
	 	 
	 	 
	 	Donna Fedor 
	 	Managing Director
	 	Mavericks Capital
LLC

 

	AGREED:	 
	 	 
	eWellness
    Healthcare Corporation	 
	 	 
	 	 
	Darwin
    Fogt	 
	CEO
    and President	 

 

Date
signed: May 20, 2015

 

    	Mavericks Capital LLC	12

    	Confidential: eWellness Healthcare Corporation	 

    

 

SCHEDULE
A

 

CERTAIN
SERVICES AND DELIVERABLES BY MAVERICKS

 

Mavericks
Capital, and Mavericks Securities when required by federal or state securities laws, may perform the following financial advisory
and investment banking services for the Company under this Agreement, using commercially reasonable efforts:

 

	1.	assist
    the Company in analyzing the Company’s business, operations, properties, financial condition and prospects;
	 	 
	2.	assist
    the Company in preparing material describing the Company, its products and its technology for distribution and presentation
    to potential Transaction Parties previously approved by the Company;
	 	 
	3.	work
    with the Company to develop and maintain a list of potential Transaction Parties, review and discuss such list with the Company
    on an ongoing basis, and, as directed by the Company, contact and provide information regarding the Company and assistance
    to such potential Transaction Parties in order that they better understand the opportunity;
	 	 
	4.	advise
    the Company as to strategy and tactics for negotiations related to one or more Transactions and, if requested by the Company,
    participate in such negotiations;
	 	 
	5.	assist
    and advise the Company with respect to the financial form and structure of the Transaction; and
	 	 
	6.	render
    such other financial advisory and investment banking services as may be necessary to effectuate the Transaction(s) or as may
    from time to time be agreed by Mavericks and the Company in writing.

 

    	Mavericks Capital LLC	13

    	Confidential: eWellness Healthcare Corporation	 

    

 

SCHEDULE
B

 

INDEMNIFICATION

 

Indemnification.
The Company will indemnify and hold Mavericks and Mavericks’ agents, employees, members,
officers, Directors, managers, principals, partners, advisors and affiliated entities and the agents, employees, members, officers,
Directors, managers, principals, partners, and advisors of each affiliated entity (collectively, the “Indemnified Parties”)
harmless against and from all losses, claims, damages or liabilities, and all actions, claims, proceedings and investigations
in respect thereof, arising out of or in connection with this Agreement, and will reimburse the Indemnified Parties for their
time and all reasonable legal and other out-of-pocket expenses as incurred by the Indemnified Parties in connection with investigating,
preparing or defending any such action, claim, proceeding or investigation; provided, however, that the Company will not be so
liable to the extent that any such loss, claim, damage or liability is finally determined by a judge or an arbitrator to have
resulted primarily and directly from any of the Indemnified Parties’ fraud, gross negligence or willful misconduct. Also,
the Company will not settle any claim, action, suit or proceeding related to the engagement of Mavericks under this Agreement
or otherwise as to this Agreement unless the settlement also includes an unconditional release of the Indemnified Parties from
all liabilities arising out of such claim, action, suit or proceeding.

 

If
for any reason the foregoing indemnification or reimbursement is unavailable to the Indemnified Parties or is insufficient to
hold the Indemnified Parties harmless, then the Company will contribute to the amount paid or payable by the Indemnified Parties
as a result of such loss, claim, damage or liability in such proportion as is appropriate to reflect the relative benefits received
by the Company on the one hand and Mavericks on the other hand, the relative fault of the Company and of Mavericks and any relevant
equitable considerations; provided that, in no event will the aggregate contribution of Mavericks hereunder exceed the amount
of fees actually received by Mavericks pursuant to this Agreement (collectively, the “Contribution Obligations”).
Such reimbursement and indemnity obligations together with the Contribution Obligations of the Company under this Agreement will
be in addition to any liability which the Company may otherwise have, will survive the execution and any termination of this Agreement
and will be binding upon any successors, assigns, and representatives of the Company.

 

Limitation
of Mavericks’ Liability. The Company will limit any and all liability or claim for damages, cost of defense or expense
it seeks against any of the Indemnified Parties to a sum not to exceed the cash compensation actually realized by Mavericks under
this Agreement, arising from any error, omission or negligence by Mavericks in the course of performing services under the Agreement.
Such damages include, but are not limited to, lost profits, lost revenues, or consequential, incidental or special damages. This
provision will survive the execution and any termination of this Agreement and will be binding upon any successors, assigns, and
representatives of the Company.

 

    	Mavericks Capital LLC	14

    	Confidential: eWellness Healthcare Corporation	 

    

 

AMENDMENT
NUMBER 1

 

This
Amendment Number 1 confirms the understanding and agreement between Mavericks Capital and the Company originally dated May 20,
2015 (the “Original Agreement”) and adds two additions. All of the terms and provisions of the Original Agreement
remain in full force and effect. The two changes / additions now incorporated in the Original Agreement are the following:

 

Change
1

 

While
the primary objectives of the business relationship described in the Original Agreement hasn’t changed, Mavericks may also
assist eWellness in the acquisition of new customers (“Customer Acquisition”).

 

As
such, the following new section is added to the Original Agreement in Section 3 (b), after subsection iii) Sale of Company:

 

iv)
Customer Acquisition:

 

If
Mavericks introduces the Company to a potential customer, and that customer enters into a business relationship with the Company,
Mavericks will be entitled to a customer acquisition fee (the “Customer Acquisition Transaction Fee”) according to
the following Customer Acquisition Transaction Fee Schedule:

 

	 	Net
    Customer Revenue	 	Success
    Fee
	 	 	 	 
	 	Customer
    revenue received by the Company, net of any pass through costs	 	10%
    of that revenue, payable to Mavericks upon receipt by the Company

 

The
Company and Mavericks must agree in writing in advance as to which potential customers of the Company are covered by this section.
Email correspondence (request and confirmation) is satisfactory for the purposes of this section.

 

Change
2

 

In
Section 7 (Certain Definitions), the following definition is included in alphabetical order:

 

“Customer
Acquisition” means a transaction or series of transactions whereby the Company sells its products and/ or services to
a third party (the “Customer”) introduced by Mavericks, resulting in revenues to the Company. Mavericks and the Company
will agree in advance, in writing, as to which Customers of the Company are subject to this definition.

 

If
this Amendment correctly sets forth the understanding between us, please so indicate by signing on the designated space below
and returning a signed copy to me.

 

    	Mavericks Capital LLC	15

    	Confidential: eWellness Healthcare Corporation	 

    

 

Agreed
this 28th day of September, 2015

 

	Mavericks
    Capital LLC	 	Mavericks
    Capital Securities LLC
	 	 	 	 	 
	By:	 	 	By:
    	 
	Name:	John Selig	 	Name:	Jeffrey
    S. Karan
	Title:	Managing Partner	 	Title:	Managing
    Partner
	 	 	 	 	 
	By:	 	 	 	 
	Name:	Donna Fedor	 	 	 
	Title: 	Managing Director	 	 	 
	 	 	 	 	 
	eWellness
    Corporation	 	 	 
	 	 	 	 	 
	By:
    	 	 	 	 
	Name: 	Darwin Fogt	 	 	 
	Title: 	Chief Executive
    Officer and President	 	 	 

 

    	Mavericks Capital LLC	16

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00251-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00251-of-00352.parquet"}]]