Document:

Solaris Power Cells, Inc.: Exhibit 10.5 - Filed by newsfilecorp.com

EMPLOYMENT AGREEMENT

THIS AGREEMENT is dated as of the 23rd day of August, 2013.

BETWEEN:

SOLARIS POWER CELLS, INC., a
corporation duly incorporated under the 
laws of the State of Nevada with a
business address at 21194 N. 82nd Street, 
Scottsdale, Arizona, 85255

(the “Company”)

AND:

LEONARD M. CAPRINO, a
businessman with an address at 3869 Vista Verde, 
Palm Springs, California
92262

(the “Executive”)

RECITALS:

	A. 	
      The Company is a development stage company; and

	 	 
	B. 	
      The Company and the Executive have agreed to enter into
      an employment relationship for their mutual
benefit.

NOW THEREFORE, in consideration of the mutual promises
of the parties hereinafter set forth, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged by
each of the parties hereto, the parties hereby covenant and agree as
follows:

1. DEFINITIONS

1.1 Definitions. For the purposes of this Agreement, the
following terms shall have the following meanings, respectively:

	 	(a) 	
      “Agreement” means this Agreement and all schedules
      and amendments hereto;

	 	 	 
	 	(b) 	
      “Board” means the Board of Directors of the
      Company;

	 	 	 
	 	(c) 	
      “Common Shares” means the common shares of the
      Company;

	 	 	 
	 	(d) 	
      “Confidential Information” means information,
      whether or not originated by the Executive, that relates to the business
      or affairs of the Company, its affiliates, clients or suppliers and is
      confidential or proprietary to, about or created by the Company, its
      affiliates, clients, or suppliers. Confidential Information includes, but
      is not limited to, the following types of confidential information and
      other proprietary information of a similar nature (whether or not reduced
      to writing or designated or marked as
confidential):

- 2 -

	 	(i) 	
      information relating to strategies, research,
      communications, business plans, and financial data of the Company and any
      information of the Company which is not readily publicly
  available,

	 	 	 
	 	(ii) 	
      work product resulting from or related to work or
      projects performed for or to be performed for the Company or its
      affiliates, including but not limited to, the methods, processes,
      procedures, analysis, techniques and audits used in connection
      therewith,

	 	 	 
	 	(iii) 	
      any intellectual property contributed to the Company, and
      any other technical and business information of the Company, its
      subsidiaries and affiliates which is of a confidential, trade secret
      and/or proprietary character,

	 	 	 
	 	(iv) 	
      internal Company personnel and financial information,
      supplier names and other supplier information, purchasing and internal
      cost information, internal services and operational manuals, and the
      manner and method of conducting the Company’s business,

	 	 	 
	 	(v) 	
      marketing and development plans, price and cost data,
      price and fee amounts, pricing and billing policies, quoting procedures,
      marketing techniques and methods of obtaining business, forecasts and
      forecast assumptions and volumes, current and prospective client lists,
      and future plans and potential strategies of the Company that have been or
      are being discussed, and

	 	 	 
	 	(vi) 	
      all information that becomes known to the Executive as a
      result of this Agreement or the services performed hereunder that the
      Executive, acting reasonably, believes is confidential information or that
      the Company takes measures to protect;

Confidential Information does not
include any of the following:

	 	(vii) 	
      the general skills and experience gained by the Executive
      during the Executive’s employment with the Company that the Executive
      could reasonably have been expected to acquire in similar retainers or
      engagements with other companies,

	 	 	 
	 	(viii) 	
      information publicly known without breach of this
      Agreement or similar agreements, or

	 	 	 
	 	(ix) 	
      information, the disclosure of which by the Executive is
      required to be made by any law, regulation or governmental authority or
      legal process of discovery (to the extent of the requirement), provided
      that before disclosure is made, notice of the requirement is provided to
      the Company, and to the extent reasonably possible in the circumstances,
      the Company is afforded an opportunity to dispute the
  requirement.

	 	(e) 	
      “Date of Termination” means the date of
      termination of this Agreement;

	 	 	 
	 	(f) 	
      “Developments” means all discoveries, inventions,
      designs, works of authorship, improvements and ideas (whether or not
      patentable or copyrightable) and legally recognized proprietary rights
      (including, but not limited to, patents,
copyrights, trademarks, topographies, know-how and trade secrets), and all records and copies of records relating to the foregoing, that:

- 3 -

	 	(i) 	
      result or derive from the Executive’s employment or from
      the Executive’s knowledge or use of Confidential Information,

	 	 	 
	 	(ii) 	
      are conceived or made by the Executive (individually or
      in collaboration with others) during the term of the Executive’s
      employment by the Company,

	 	 	 
	 	(iii) 	
      result from or derive from the use or application of the
      resources of the Company or its affiliates, or

	 	 	 
	 	(iv) 	
      relate to the business operations of the Company or to
      actual or demonstrably anticipated research and development by the Company
      or its affiliates;

	 	(g) 	
      “Directors” means the Directors of the Company,
      and “Director” means any one of them;

	 	 	 
	 	(h) 	
      “Effective Date” means August 23, 2013;
  and

	 	 	 
	 	(i) 	
      “Cause” includes, but is not limited
  to:

	 	(i) 	
      the Executive’s failure to properly discharge his lawful
      duties, or any material breach or non-observance by the Executive of any
      material provision of this Agreement,

	 	 	 
	 	(ii) 	
      the Executive’s conviction for any crime respecting the
      property of the Company, or which calls into question the Executive’s
      personal honesty,

	 	 	 
	 	(iii) 	
      any breach by the Executive of the fiduciary duties
      normally owed by a President of a corporation, including the duty to avoid
      conflicts of interest, to act honestly and in good faith with a view to
      the best interests of the Company, or

	 	 	 
	 	(iv) 	
      any other material breach of this Agreement by the
      Executive.

2. TERMS AND CONDITIONS OF EMPLOYMENT

2.1 Employment. The Company and the Executive agree
that, as of the Effective Date, the Company shall employ the Executive on the
terms and conditions set out in this Agreement. Each of the parties to this
Agreement agree that this Agreement is a continuation of the Company’s
employment of the Executive. The Executive shall perform such duties as are
regularly and customarily performed by the President of a corporation, and any
other duties consistent with the Executive’s position in the Company. The
Executive agrees that, in addition to role of President of the Company, the
Executive shall:

	 	(a) 	
      perform other related positions or duties of senior
      capacity as the Board may from time to time reasonably require;
  and

	 	 	 
	 	(b) 	
      the Executive shall always act in accordance with any
      reasonable decision of and obey and carry out all lawful and reasonable
      orders given to him by the Board.

- 4 -

2.2 Reporting. The Executive shall:

	 	(a) 	
      report to the Chief Executive Officer or the Board of the
      Company and take direction from the Chief Executive Officer or the Board
      by resolution; and

	 	 	 
	 	(b) 	
      make a report at Board meetings, if
  required.

2.3 Term. This Agreement shall commence on the Effective
Date, and, unless renewed under Section 2.4 or otherwise terminated under
Section 6, shall terminate on December 31, 2013 (the “Initial Term”).

2.4 Renewal. On December 31, 2013 and on each
anniversary date thereafter, the term of this Agreement shall automatically be
extended by one additional year (each a “Renewal Term”) unless either
party gives ninety (90) days’ written notice to the other of its intention not
to renew this Agreement.

2.5 Location. The Executive’s employment shall be based
in the Company’s offices in Palm Springs, California. The Executive understands
that he may be required to travel regularly in order to fulfill his duties as
President of the Company.

2.6 Full Time and Efforts. Unless prevented by ill
health, or physical or mental disability or impairment, the Executive shall,
during the term hereof, devote his full time, effort, care and attention to his
duties set out in this Agreement and to the business of the Company in order to
properly discharge his duties hereunder and the Executive shall not be employed
with any other business venture without the written consent of the Board.

2.7 Authority. The Executive shall have, subject always
to the general or specific instructions and directions of the Board, full power
and authority to manage and direct the business and affairs of the Company
(except only the matters and duties as by law must be transacted or performed by
the Board or by the shareholders of the Company in general meeting), including
power and authority to enter into contracts, engagements or commitments of every
nature or kind in the name of and on behalf of the Company and to engage and
employ and to dismiss all managers and other employees and agents of the
Company, provided always that the contracts, engagements and commitments entered
into are in accordance with the budgets presented to and approved by the
Board.

2.8 Fiduciary Role. The Executive acknowledges that, as
the President of the Company, he occupies a position of fiduciary trust and
confidence and, as a fiduciary, he shall develop and acquire wide experience and
knowledge with respect to all aspects in which the business of the Company is
conducted. The Executive agrees to serve the Company in a manner which is
consistent with the fiduciary duties owed to the Company. Without limiting the
generality of the foregoing, the Executive shall observe the highest standards
of loyalty, good faith, and avoidance of conflicts of duty and
self-interest.

3. COMPENSATION

3.1 Base Compensation. During the Initial Term and any
Renewal Terms in effect in which compensation has not been amended, the Company
shall pay the Executive the sum of $8,500 per month effective on the Effective
Date (the “Salary”). The Salary shall be reviewed on December 31 of each
year by the Company’s Compensation Committee, or, if a Compensation Committee
has not been assembled, by the Board. The review shall be undertaken by
assessing the Executive’s performance during the year and by having regard to
market rates of remuneration paid in Canada and the United States for similar
duties and responsibilities.

- 5 -

3.2 Payment. All compensation payable to the Executive
pursuant to this Article 3 or otherwise under this Agreement shall be payable in
accordance with the Company’s standard payroll practices and shall be subject to
all statutory deductions that the Company is required to make and remit.

3.3 Taxes. The Executive shall be responsible to pay for
all federal, state and local taxes assessed on any income received from the
Executive under this Agreement, which are over and above the amounts that were
deducted and remitted on the Executive’s behalf by the Company.

3.4 Stock Options. The Executive shall be entitled to
participate in the Company’s stock option plan.

4. EMPLOYEE BENEFITS AND EXPENSES

4.1 Employee Benefits. The Executive shall, to the
extent eligible, be entitled to participate in all of the Company’s employee
benefit plans including, without limitation, life insurance, long term and short
term disability insurance, medical/hospital and extended health care benefits
(the “Employee Benefits”) provided by the Company to its senior officers
in accordance with the terms thereof as they may be in effect from time to time.
At the time of execution of this Agreement, the Company has no Employee Benefits
plans. 

4.2 Terms of Benefits. Employee Benefits are provided in
accordance with the formal plan documents or policies and any issues with
respect to entitlement or payment of benefits under any of the Employee Benefits
shall be governed by the terms of such documents or policies establishing the
benefits in issue. The Company reserves the unilateral right to revise the terms
of the Employee Benefits or to eliminate any Employee Benefits altogether. The
Executive agrees that any changes to the Employee Benefits shall not affect or
change any other part of this Agreement.

4.3 Benefits on Cessation of Employment. Unless
otherwise agreed by the parties or as otherwise provided for by applicable law,
upon cessation of employment with the Company for any reason, regardless of
whether the cessation is voluntary or involuntary or constitutes termination
with or without cause or adequate notice:

	 	(a) 	
      the Executive shall cease to participate in the Employee
      Benefits and shall not be entitled to any further benefits thereunder;
      and

	 	 	 
	 	(b) 	
      the Executive shall be solely responsible for obtaining
      personal benefit plans to replace any or all Employee Benefits, including,
      without limitation, medical/hospital and extended health care
    benefits.

4.4 Vacation. The Executive shall be entitled in each
year to 2 weeks’ paid vacation in the Initial Term and 4 weeks’ paid vacation in
any Renewal Term, in addition to weekends and federal holidays, of paid time off
in accordance with the standard written policies, if any, of the Company with
regard to its senior officers. Subject to the foregoing, paid vacation is to be
taken at such time or times as the Executive may select and the Board may
reasonably approve having regard to the business affairs and operations of the
Company.

4.5 Expenses. The Company shall reimburse the Executive
on a monthly basis for normal and reasonable expenses that the Executive incurs
in connection with his duties under this Agreement, provided that the Executive
provides to the Company an itemized written account and receipts acceptable to
the Employer within a reasonable time after they have been incurred.

- 6 -

5. CONFIDENTIAL INFORMATION AND DEVELOPMENTS

5.1 Confidential Information.

	 	(a) 	
      All Confidential Information, whether developed by the
      Executive any time while he was employed by the Company, or by others
      employed or engaged by or associated with the Company or its affiliates or
      clients, is the exclusive and confidential property of the Company or its
      affiliates or clients, as the case may be, and shall at all times be
      regarded, treated and protected as such, as provided in this
    Agreement.

	 	 	 	 
	 	(b) 	
      As a consequence of the acquisition of Confidential
      Information or arising from his position as President, the Executive shall
      occupy a position of trust and confidence with respect to the affairs and
      business of the Company and its affiliates and clients. In view of the
      foregoing, it is reasonable and necessary for the Executive to make the
      following covenants regarding the Executive’s conduct during and
      subsequent to the Executive’s employment by the Company.

	 	 	 	 
	 		(i) 	
      At all times during and subsequent to the Executive’s
      employment with the Company, the Executive shall not disclose Confidential
      Information to any person (other than as necessary in carrying out the
      Executive’s duties on behalf of the Company) without first obtaining the
      Company’s consent, and the Executive shall take all reasonable precautions
      to prevent inadvertent disclosure of any Confidential
  Information.

	 	 	 	 
	 		(ii) 	
      At all times during and subsequent to the Executive’s
      employment with the Company, the Executive shall not use, copy, transfer
      or destroy any Confidential Information (other than as necessary in
      carrying out the Executive’s duties on behalf of the Company) without
      first obtaining the Company’s consent and the Executive shall take all
      reasonable precautions to prevent inadvertent use, copying, transfer or
      destruction of any Confidential Information. This prohibition includes,
      but is not limited to, licensing or otherwise exploiting, directly or
      indirectly, any products or services that embody or are derived from
      Confidential Information or exercising judgment or performing analysis
      based upon knowledge of Confidential Information.

	 	 	 	 
	 		(iii) 	
      Within two (2) business days after the termination of the
      Executive’s employment for any reason, the Executive shall promptly
      deliver to the Company all property of or belonging to or administered by
      the Company including without limitation all Confidential Information that
      is embodied in any form, whether in hard copy or on electronic media, and
      that is within the Executive’s possession or under the Executive’s
      control.

5.2 Intellectual Property.

	 	(a) 	
      All Developments shall be the exclusive property of the
      Company and the Company shall have sole discretion to deal with
      Developments. The Executive agrees that no intellectual property rights in
      the Developments are or shall be retained by him. For greater certainty,
      all work done during the term of employment by the Executive for the
      Company or its affiliates is the sole property of the Company or its
      affiliates, as the case may be, as the first author for copyright purposes
      and in respect of which all copyright shall vest in the Company or the
      relevant affiliate, as the case may be. In consideration of the benefits
      to be received by the Executive under the terms of this
      Agreement, the Executive hereby irrevocably sells, assigns and transfers
      and agrees in the future to sell, assign and transfer all right, title and
      interest in and to the Developments and intellectual property rights
      therein including, without limitation, all patents, copyright, industrial
      design, circuit topography and trademarks, and any goodwill associated
      therewith in the United States and worldwide to the Company and the
      Executive shall hold all the benefits of the rights, title and interest
      mentioned above in trust for the Company prior to the assignment to the
  Company.

- 7 -

	 	(b) 	
      The Executive shall do all further things that may be
      reasonably necessary or desirable in order to give full effect to the
      foregoing. If the Executive’s cooperation is required in order for the
      Company to obtain or enforce legal protection of the Developments
      following the termination of the Executive’s employment, the Executive
      shall provide that cooperation so long as the Company pays to the
      Executive reasonable compensation for the Executive’s time at a rate to be
      agreed between the Executive and the Company.

5.3 Consent to Enforcement. The Executive confirms that
all restrictions in Sections 5.1 and 5.2 are reasonable and valid and any
defences to the strict enforcement thereof by the Company are waived by the
Executive. Without limiting the generality of the foregoing, the Executive
hereby consents to an injunction being granted by a court of competent
jurisdiction in the event that the Executive is in breach of any of the
provisions stipulated in Sections 5.1 and 5.2. The Executive hereby expressly
acknowledges and agrees that injunctive relief is an appropriate and fair remedy
in the event of a breach of any of the said provisions.

5.4 Obligations Continue. The Executive’s obligations
under each of Sections 5.1, and 5.2 are to remain in effect in accordance with
each of their terms and shall exist and continue in full force and effect
despite any breach or repudiation, or alleged breach or repudiation, of this
Agreement or the Executive’s wrongful dismissal by the Company. 

6. TERMINATION

6.1 Termination for Cause. The Company may terminate the
Executive’s employment for Cause at any time by delivering to the Executive
written notice of termination. In the event that the Executive’s employment with
the Company is terminated by the Company for Cause, the Executive shall not be
entitled to any additional payments or benefits hereunder, other than for
amounts due and owing to the Executive by the Company as at the Date of
Termination.

6.2 Death or Disability. Subject to applicable human
rights laws or similar legislation, the Company may terminate the Executive’s
employment in the event the Executive has been unable to perform his duties for
a period of one month or a cumulative period of three months in any consecutive
12 month period, because of a physical or mental disability. The Executive’s
employment shall automatically terminate on the Executive’s death. In the event
the Executive’s employment with the Company terminates by reason of the
Executive’s death or as a result of this Section 6.2, then upon and immediately
effective on the Date of Termination the Company shall promptly pay and provide
the Executive (or in the event of the Executive’s death, the Executive’s
estate):

	 	(i) 	
      any unpaid Salary and any outstanding and accrued regular
      and special vacation pay through the Date of Termination;

	 	 	 
	 	(ii) 	
      reimbursement for any unreimbursed expenses incurred
      through to the Date of Termination; and

- 8 -

	 	(iii) 	
      proceeds from any insurance policies as provided by the
      Company to the Executive.

6.3 Disability. In the event the Executive’s employment
is terminated due to a disability pursuant to Section 6.2, the Company shall pay
to the Executive the severance referred to in Section 6.4.

6.4 Termination by the Company for reasons other than for
Cause.

	 	(a) 	
      The Company may terminate the Executive’s employment at
      any time during the Initial Term or any Renewal Term for other than Cause
      by delivering to the Executive written notice of termination. If the
      Executive’s employment with the Company is terminated pursuant to this
      Section 6.4(a), then the Company shall pay the Executive severance in an
      amount equal to one months’ salary.

	 	 	 
	 	(b) 	
      The severance amount calculated pursuant to Sections
      6.4(a) shall be subject to statutory deductions and shall be payable in a
      lump sum within 90 business days of termination.

6.5 Fair and Reasonable Provisions. The Company and
Executive acknowledge and agree that the provisions of Section 6.4 regarding
further payments of the Salary constitute fair and reasonable provisions for the
consequences of such termination, and such payments and benefits shall not be
limited or reduced by amounts the Executive might earn or be able to earn from
any other employment or ventures during the remainder of the agreed term of this
Agreement.

6.6 Resignation of Offices and Directorship. On
termination of this Agreement for any reason, the Executive shall immediately
resign all offices and directorships held in the Company and its affiliates,
and, save as provided by this Agreement, the Executive shall not be entitled to
receive any severance payment or compensation for loss of office or otherwise by
reason of the resignation. If the Executive, as applicable, fails to resign as
required by this Section 6.6, the Company is irrevocably authorized to appoint
some person in his name and on his behalf to sign any documents or do anything
necessary or requisite to give effect to it.

7. GENERAL

7.1 Indemnification by the Company. The Company hereby
covenants and agrees that, if the Executive is made a party, or is threatened to
be made a party, to any action, suit or proceeding, whether civil, criminal,
administrative or investigative of any nature whatsoever by reason of, or as a
result of, the fact that he is or was a Director, officer or employee of the
Company or is or was serving at the request of the Company as a trustee,
director, officer, member, employee or agent of another Company, partnership,
joint venture, trust or other enterprise, including service with respect to
employee benefit plans, the Executive shall be indemnified and held harmless by
the Company to the fullest extent legally permitted or authorized by the
Company’s constating documents or by applicable federal, state or provincial
legislation, against all costs, expenses, liability and losses of any nature
whatsoever (including, without limitation, lawyer’s fees, judgments, fines,
interest, taxes or penalties and amounts paid or to be paid in settlement)
reasonably incurred or suffered by the Executive in connection therewith, except
if the Executive was grossly negligent in his duties or committed fraud
(collectively the “Indemnification Amounts”), and such indemnification
shall continue as to the Executive even if he has ceased to be a Director,
officer, member, employee or agent of the Company and shall inure to the benefit
of the Executive the Indemnification Amounts incurred, or reasonably estimated
to be incurred, by him immediately upon receipt by the Company of a written
request for such advance.

- 9 -

7.2 Liability Insurance. The Company shall use its best
efforts to obtain third party liability insurance for the Executive (including
directors and officers liability insurance if applicable) insuring the Executive
for any claims arising from the negligent acts or omissions of the Executive or
the Company during the period the Executive was employed by the Company.

7.3 Indemnification by the Executive. The Executive
shall indemnify and save harmless the Company against, and agree to hold it
harmless from, any and all damages, injuries, claims, demands, actions,
liability, costs and expenses (including reasonable legal fees) incurred or made
against the Company arising from or connected with the performance or
non-performance of this Agreement by the Executive or the beach of any warranty,
representation or covenant herein by the Executive, other than claims by the
Executive pursuant to this Agreement. This section shall survive the termination
of this Agreement.

7.4 Authorization. The Company represents and warrants
that it is fully authorized and empowered to enter into this Agreement and
perform its obligations hereunder, and that performance of this Agreement shall
not violate any agreement between the Company and any other person, firm or
organization nor breach any provisions of its constating documents or governing
legislation.

7.5 Obligations Continue. The Executive’s obligations
under Section 5 are to remain in full force and effect notwithstanding
termination of this Agreement for any reason.

7.6 Amendment or Waiver. No provision in this Agreement
may be amended unless such amendment is agreed to in writing and signed by the
Executive and an authorized officer of the Company. No waiver by either party
hereto of any breach by the other party hereto of any condition or provision
contained in this Agreement to be performed by such other party shall be deemed
a waiver of a similar or dissimilar condition or provision at the same or any
prior or subsequent time. Any waiver must be in writing and signed by the
Executive or an authorized officer of the Company, as the case may be.

7.7 Compliance with Policies and Laws. The Executive
agrees to abide by all the Company’s policies and procedures, including without
limitation, the Company’s code of conduct. The Executive also agrees to abide by
all laws applicable to the Company, in each jurisdiction that it does business,
including without limitation securities and regulations governing publicly
traded companies.

7.8 Governing Law and Venue. This Agreement shall be
construed and interpreted in accordance with the laws of California. Any action
or proceeding seeking to enforce any provision of, or based on any right arising
out of, this Agreement may be brought by the Executive or by the Company, if at
all, only in the courts of California and the parties each consent to the
jurisdiction of such courts (and of the appropriate appellate courts) in any
such action or proceeding and waive any objection to venue laid therein. The
parties also agree that process in any action or proceeding referred to in the
preceding sentence may be served on either party anywhere in the world.

7.9 Notices. Any notice required or permitted to be
given under this Agreement shall be in writing and shall be properly given if
delivered addressed as follows:

	 	(a) 	
      in the case of the Company:

	 	 	 
	 		
      Solaris Power Cells, Inc.
 21194 N. 82nd Street
      
Scottsdale, Arizona, 85255 
Attention: Chief Executive
    Officer

- 10 -

	 	(b) 	
      in the case of the Executive:

	 	 	 
	 		
      Leonard M. Caprino

	 	 	3111 E. Tahquitz Way, Suite 108, 
	 		
      Palm Springs, California 92262

Any notice so given shall be conclusively deemed to have been
given or made on the day of delivery, if delivered.

7.10 Severability. If any provision contained herein is
determined to be void or unenforceable for any reason, in whole or in part, it
shall not be deemed to affect or impair the validity of any other provision
contained herein and the remaining provisions shall remain in full force and
effect to the fullest extent permissible by law.

7.11 Entire Agreement. This Agreement contains the
entire understanding and agreement between the parties concerning the subject
matter hereof and supersedes all prior agreements, understandings, discussions,
negotiations and undertakings, whether written or oral, between the parties with
respect thereto.

7.12 Currency. Unless otherwise specified herein all
references to dollar or dollars are references to United States dollars.

7.13 Legal Advice. The Executive acknowledges that he
has obtained legal advice independent from the legal counsel of the Company.

7.14 Further Assurances. Each of the Executive and the
Company shall do, execute and deliver, or shall cause to be done, executed and
delivered, all such further acts, documents and things as the Executive or the
Company may require for the purposes of giving effect to this Agreement.

[the remainder of this page is intentionally left
blank]

- 11 -

7.15 Counterparts/Facsimile Execution. This Agreement
may be executed in several parts in the same form and such parts as so executed
shall together constitute one original document, and such parts, if more than
one, shall be read together and construed as if all the signing parties had
executed one copy of the said Agreement.

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

SOLARIS POWER CELLS, INC.

	Per: 	“Signed” 	 
	  	Authorized Signatory 	 

	EXECUTED by LEONARD M. CAPRINO in 	) 	 
	the presence of: 	) 	 
	  	) 	 
	“Signed”
	) 	 
	Signature 	) 	 
	  	) 	 “Leonard M. Carpino” 
	Print Name 	) 	 LEONARD M.
      CAPRINO 
	  	) 	 
	Address 	) 	 
	  	) 	 
	  	) 	 
	  	) 	 
	Occupation 	)Solaris Power Cells, Inc.: Exhibit 10.6 - Filed by newsfilecorp.com

INTELLECTUAL PROPERTY ASSIGNMENT AGREEMENT

THIS INTELLECTUAL PROPERTY ASSIGNMENT AGREEMENT (the
"Agreement") dated as of August 23, 2013 (the "Effective Date") is
made among: VINCENT A. PALMIERI, an individual having an address at 79405
Highway 111, Suite 9488, La Quinta, California 92253 ("Palmieri");
LEONARD M. CAPRINO, an individual having an address at 3869 Vista Verde,
Palm Springs, California 92262 ("Caprino"); ROY A. GIVENS, an
individual having an address at 71530 Quail Trail, Palm Springs, California
92260 ("Givens") RAYMOND A. MADICK, an individual having an
address at 42816 Del Lago Court, Indio, CA 92203 ("Madick"; collectively,
Palmieri, Caprino, Givens and Madick are referred to herein as the
"Assignors"); and

SOLARIS POWER CELLS, INC., a company incorporated under
the laws of the State of Nevada, having a business office at 21194 N. 82nd
Street, Scottsdale, Arizona 85255 ("Solaris").

WHEREAS:

	A. 	
      The Assignors are the legal and beneficial owners of
      certain Intellectual Property, as that term is defined herein.

	 	 
	B. 	
      Each of the Assignors are a director or officer of
      Solaris and as such qualify as an accredited investor under Rule 501 of
      Regulation D.

	 	 
	C. 	
      The Assignors wish to assign the Intellectual Property to
      Solaris in exchange for the issuance of 8,880,000 common shares of
      Solaris, following a recent 24 for one forward split of the common shares
      of Solaris (each post-split share, a "Share") to the
      Assignors.

NOW THEREFORE THIS AGREEMENT WITNESSES that, in
consideration of the mutual covenants and agreements in this Agreement and for
other good and valuable consideration (the receipt and sufficiency of which are
hereby acknowledged by each party), the parties hereby agree as follows:

	1. 	
      INTERPRETATION

	 	 
	1.1 	
      Definitions

In this Agreement:

	 	(a) 	
      "Intellectual Property" means any intellectual
      property of every nature, whether registered or unregistered, owned or
      otherwise held by any one or more of Palmieri, Caprino, Givens and Madick
      that is used in connection with a solid state energy storage cell device
      the focus of the Solaris Power Cells business, including all copyrights,
      patents, patent rights, trade-marks, design patents, industrial designs,
      applications for any of the foregoing, inventions, trade secrets,
      know-how, confidential information, inventions, inventor’s notes, research
      data, drawings and designs, formulae, calculations, processes, and
      prototypes, and further including any and all modifications, improvements,
      customizations, and enhancements made to any of the
  foregoing;

- 2 -

	 	(b) 	
      "NRG Power Cells" means a renewable energy storage
      business or proposed business carried on under the name NRG Power Cells
      and Solaris Power Cells.

	2. 	
      ASSIGNMENT

	 	 
	2.1 	
      Assignment of Intellectual
  Property

The Assignors hereby assign, quitclaim and transfer all right,
title and interest in and to the Intellectual Property to Solaris, as of the
Effective Date.

	2.2 	
      Non-Assignable Intellectual
  Property

If the Assignors have any right to the Intellectual Property
that, by operation of law, cannot be assigned to Solaris, then the Assignors
hereby unconditionally and irrevocably grant to Solaris an exclusive,
irrevocable, perpetual, worldwide, fully paid-up and royalty free license (with
rights to sub-license through multiple levels of sub-licenses) to all such
rights for the full duration of such rights, including any renewals or
extensions thereof. If the Intellectual Property includes any property that, by
operation of law, cannot be assigned to Solaris or licensed in the manner set
out above in this Section of the Agreement, then the Assignors hereby
unconditionally and irrevocably waive the enforcement of their rights to such
Intellectual Property.

	3. 	
      ISSUANCE OF SHARES

	 	 
	3.1 	
      Issuance

Solaris hereby agrees to issue 2,220,000 Shares to each of the
Assignors (for an aggregate issuance of 8,880,000 Shares) on the Effective Date.
In the event the Company completes the Split, the number of Shares shall be
increased proportionately to account for the Split. 

	3.2 	
      Legend

The Assignors acknowledge that the certificate representing the
Shares shall bear the following legend:

	
      NONE OF THE SECURITIES REPRESENTED HEREBY HAVE BEEN
      REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND,
      UNLESS SO REGISTERED, NONE MAY BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY,
      IN THE UNITED STATES OR TO U.S. PERSONS (AS DEFINED HEREIN) EXCEPT IN
      ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT,
      PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR
      PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE
      REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN
      ACCORDANCE WITH APPLICABLE SECURITIES LAWS.

	4. 	
      REPRESENTATIONS, WARRANTIES AND COVENANTS OF
      ASSIGNORS

	 	 
	4.1 	
      Assignors’ Representations, Warranties and
      Covenants

Each of Palmieri, Caprino, Givens and Madick hereby represents,
warrants and covenants to Solaris that:

	 	(a) 	
      each of Palmieri, Caprino, Givens and Madick have the
      capacity to enter into this Agreement and to carry out the transactions
      contemplated hereunder;

	 	 	 
	 	(b) 	
      this Agreement constitutes a legal, valid and binding
      obligation on each of Assignors;

- 3 -

	 	(c) 	
      to the actual knowledge of each of Palmieri, Caprino,
      Givens and Madick, no action or proceeding has been commenced or filed
      against the Assignors related to the Intellectual Property;

	 	 	 	 
	 	(d) 	
      the Assignors are the sole legal and beneficial owners of
      all right, title and interest in and to the Intellectual Property, free
      and clear of any lien, claim, charge, security interest or
    encumbrance;

	 	 	 	 
	 	(e) 	
      subject to the rights granted to Solaris under this
      Agreement, the Assignors have the exclusive right to possess and use the
      Intellectual Property and have not sold the Intellectual Property, or
      granted any license or other right in respect of the Intellectual
      Property, to any third party;

	 	 	 	 
	 	(f) 	
      to the actual knowledge of each of Palmieri, Caprino,
      Givens and Madick, there is no restriction on the ability of the Assignors
      to use or exploit all of the Intellectual Property;

	 	 	 	 
	 	(g) 	
      to the actual knowledge of each of Palmieri, Caprino,
      Givens and Madick, neither the use nor possession of the Intellectual
      Property by the Assignors infringe or will infringe upon the industrial or
      intellectual property rights of any third party. To the actual knowledge
      of each of Palmieri, Caprino, Givens and Madick, the Assignors are not
      aware of any claim alleging or asserting any infringement or breach of any
      industrial or intellectual property rights relating to the Intellectual
      Property;

	 	 	 	 
	 	(h) 	
      all individuals involved in the research and development
      efforts or who provided input relating to the Intellectual
  Property:

	 	 	 	 
	 		(i) 	
      were either (A) employees hired by the Assignors or any
      one of them or (B) contractors of the Assignors or any one of them who
      executed enforceable agreements with the Assignors irrevocably assigning
      to the Assignors all rights arising from their endeavours;

	 	 	 	 
	 		(ii) 	
      have executed irrevocable waivers of moral rights;
    and

	 	 	 	 
	 		(iii) 	
      are bound by written confidentiality agreements not to
      disclose or make use of the Intellectual Property for their own benefit or
      for the benefit of anyone other than the Assignors without the written
      consent of the Assignors;

	 	 	 	 
	 	(i) 	
      the Intellectual Property constitutes all of the
      intellectual property assets of the Assignors relating to NRG Power Cells;
      and

	 	 	 	 
	 	(j) 	
      except for the transactions contemplated by this
      Agreement, there is no agreement, option, understanding or commitment, or
      any right or privilege capable of becoming an agreement, option or
      commitment, for the purchase or other acquisition from the Assignors of
      any of the Intellectual Property.

	4.2 	
      Delivery

The Vendor will deliver to Solaris possession of the
Intellectual Property as of the Effective Date, and will execute and deliver, or
cause to be executed and delivered, all documents and instruments necessary to
effectively vest title to the Intellectual Property in Solaris as contemplated
under this Agreement.

- 4 -

	5. 	
      MISCELLANEOUS

	 	 
	5.1 	
      Survival

The representations, warranties and obligations of the
Assignors contained in this Agreement or in any document delivered under this
Agreement will survive the closing of the transactions contemplated by this
Agreement.

	5.2 	
      Entire Agreement

This Agreement, including any schedules attached hereto (as the
case may be), and all other documents and instruments referred to in this
Agreement constitute the entire agreement between the parties with respect to
the subject matter hereof and supersede all prior negotiations and
understandings. No provision of this Agreement may be amended or waived except
in writing.

	5.3 	
      Further Assurances

Each party will from time to time promptly execute and deliver
all further documents and take all further action reasonably necessary or
appropriate to give effect to the provisions and intent of this Agreement and to
complete the assignment of the Intellectual Property.

	5.4 	
      Assignments

No party to this Agreement has the right to assign any right,
benefit or interest in this Agreement without the written consent of the other
parties.

	5.5 	
      Binding Effect

This Agreement will enure to the benefit of and be binding upon
the parties and their respective successors and permitted assigns.

	5.6 	
      Severability

If any provision of this Agreement is held to be unenforceable,
then the remaining provisions will continue in full force and effect. The
parties will in good faith negotiate a mutually acceptable and enforceable
substitute for the unenforceable provision, which substitute will be as
consistent as possible with the original intent of the parties.

	5.7 	
      Choice of Law

This Agreement will be governed by and construed in accordance
with the laws of the state of California

	5.8 	
      Counterpart

This Agreement may be executed in counterpart and such
counterparts together will constitute a single instrument. Delivery of an
executed counterpart of this Agreement by electronic means, including by
facsimile transmission or by electronic delivery in portable document format
(“.pdf”), will be equally effective as delivery of a manually executed
counterpart hereof. The parties acknowledge and agree that in any legal
proceedings between them respecting or in any way relating to this Agreement,
each waives the right to raise any defence based on the execution hereof in
counterpart or the delivery of such executed counterparts by electronic
means.

- 5 -

IN WITNESS WHEREOF, the parties have executed this
Agreement as of and with effect from the Effective Date.

	 	 
	VINCENT
      A. PALMIERI 	  LEONARD M. CAPRINO 
	 	 
	  	“Vincent A. Palmieri” 	                   “Leonard
      M. Caprino” 
	 	 	 
	ROY A.
      GIVENS 	  RAYMOND A. MADICK 
	 	 
	  	“Roy A. Givens” 	                   “Raymond
      A. Madick” 
	 	 	 
	SOLARIS
      POWER CELLS, INC. 	  
	 	 
	Per: 	“Ian Lev” 	  
	  	IAN LEV

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