Document:

slrevagreementandgeneral

  1      CONFIDENTIAL AGREEMENT AND GENERAL RELEASE     This Confidential Agreement and General Release (“Agreement”) is by and  between Better Choice Company, Inc., a Delaware Corporation, with its principal place of business  at 12400 Race Track Road, Tampa Florida 33526 (referred to throughout this Agreement as  “Employer”) and Scott Lerner,   and is effective as of the Effective Date  (as defined below).    WHEREAS, Executive is employed by Employer under an Employment  Agreement effective as of the 28th day of December 2020 (“Employment Agreement”);                         WHEREAS, in exchange for execution (and non-revocation) of this Agreement,  Employer is offering Executive consideration that Executive would not otherwise receive without  execution of this Agreement;  NOW THEREFORE, Employer and Executive agree as follows:  1. Separation Date.                                           

 

  2      .    d. Executive’s separation date will be October 14, 2022 (“Separation  Date”).  On the first pay period administratively practicable following Executive’s Separation  Date, Executive shall be paid for Executive’s remaining vacation accrued but unused through  Executive’s Separation Date in the amount of 78.67 hours (calculated based on Executive’s regular  base salary (at a rate of $350,000 per year).  2. Consideration. In consideration for Executive signing (and not revoking)  this Agreement within the Initial Consideration Period and re-signing (and not revoking) the  Agreement after the Separation Date as required by Paragraph 15, complying with its terms and  fulfilling the promises contained herein, including Executive’s covenants under the Employment  Agreement which continue post-termination, Employer agrees to provide Executive with the pay  and/or benefits set forth below following the Effective Date of the Agreement:  a. Severance:  Severance in the form of salary continuation equal to  six (6) months of Executive’s current Base Salary of $350,000 per year (for a total severance  amount of $175,000), less applicable withholdings and deductions, to be paid in the form of salary  continuation on Employer’s regularly scheduled payroll periods with the first payment and any  retroactive payments due to be paid on the first pay period administratively practicable after the  Effective Date of this Agreement (as defined below).  b. Continued Health Insurance Coverage through COBRA:  Continued  health insurance coverage through COBRA under the Employer plan at Employer’s expense (less  employee premiums, if any, and provided Executive is covered by the Employer provided health  insurance plan as of the Separation Date and timely elects COBRA coverage) from November 1,  2022 through the earlier to occur of (i) April 30, 2024 or (ii) such time as Executive has secured  full-time employment which provides healthcare coverage.    Should Executive fail to execute or  re-execute the Agreement or revoke the Agreement or re-execution, COBRA coverage at  Executive’s sole expense shall begin November 1, 2022.  c. Continued Vesting of Time Based Equity:  Immediate vesting of  95,833 unvested options of the Company’s common stock, par value 0.001 per share, held by  Executive under the 2019 Incentive Award Plan and applicable grant agreements (representing the  time-based stock options that would have vested during the period beginning on Separation Date  and ending on April 14, 2023).  As of the Separation Date, Executive will be fully vested in  177,081 options (the “Vested Options”); any stock options or other equity held by Executive that  has not vested as of the Separation Date (168,753 options) shall be immediately forfeited on the  Separation Date.  A summary of the treatment of the options if Executive executes and re-executes  the Agreement and does not revoke the Agreement or re-execution is attached as Exhibit A.   Notwithstanding anything to the contrary contained in the 2019 Incentive Award Plan or the  applicable grant agreements, Executive shall have until April 30, 2025 to exercise the Vested  Options.  Should Executive fail to execute or re-execute the Agreement or revoke the Agreement  or re-execution, the offer of immediate vesting shall be null and void and an additional 84,833  unvested options shall also be forfeited as of the Separation Date and the offer of the additional  

 

  3      time to execute the Vested Options shall be null and void.      3. No Consideration Absent Execution of this Agreement.  Executive  understands and agrees that Executive would not receive the monies and/or benefits specified in  paragraphs 2.b or 2.c above, except for Executive’s execution of this Agreement and the fulfillment  of the promises contained herein.    4. General Release, Claims Not Released and Related Provisions  a. General Release of All Claims.  Executive, on behalf of Executive  and Executive’s heirs, executors, administrators, successors, and assigns (“Executive Releasors”)  knowingly and voluntarily releases and forever discharges Employer, and its owners, agents,  officers, shareholders, employees, directors, attorneys, subscribers, subsidiaries, affiliates,  successors and assigns  and its employee benefit plans and programs and its administrators and  fiduciaries (collectively referred to throughout the remainder of this Agreement as “Employer  Releasees”), of and from any and all claims, known and unknown, asserted or unasserted, which  Executive has or may have against Employer Releasees as of the date of execution of this  Agreement, including, but not limited to, (i) any alleged violation of (a) Title VII of the Civil  Rights Act of 1964; (b) The Employee Retirement Income Security Act of 1974 (“ERISA”)  (except for any vested benefits under any tax qualified benefit plan); (c) The Americans with  Disabilities Act of 1990; (d) The Age Discrimination in Employment Act of 1967; (e) the Illinois  Human Rights Act (“IHRA”), the Illinois Wage Payment and Collection Act (“IWPCA”), the  Illinois Minimum Wage Law (“IMWL”), the Cook County Human Rights Ordinance; the Illinois  Whistleblower Reward Protection Act, and the Illinois Biometric Information Privacy Act,  The Florida Civil Rights Act; Florida Whistleblower Protection Act; The Florida Workers’  Compensation Retaliation provision; The Florida Minimum Wage Act; and  The Florida Constitution; (f) any other federal, state or local law, rule, regulation, or ordinance  relating to harassment, discrimination, retaliation or whistleblowing; or (g) any public policy,  contract, tort, or common law; (ii) any claims for vacation, sick or personal leave pay, short term  or long term disability benefits, or payment pursuant to any practice, policy, handbook or manual;  or (iii) any basis for recovering costs, fees, or other expenses including attorneys’ fees incurred in  these matters.  (Note: All statutes referred to or covered by the foregoing are intended to be construed and applied  in their most current and/or amended form as of the date Executive signs this Agreement).    b. Claims Not Released.  Executive is not waiving any rights  Executive may have to: (i) Executive’s own vested accrued employee benefits under Employer’s  health, welfare, retirement or equity benefit plans as of the Separation Date; (ii) benefits and/or the  right to seek benefits under applicable workers’ compensation and/or unemployment  compensation statutes; (iii) pursue claims which by law cannot be waived by signing this  Agreement; (iv) enforce this Agreement; and/or (v) challenge the validity of this Agreement.   c.  Governmental Agencies.  Nothing in this Agreement prohibits or  

 

  4      prevents Executive from filing a charge with or participating, testifying, or assisting in any  investigation, hearing, or other proceeding before the U.S. Equal Employment Opportunity  Commission, the National Labor Relations Board or a similar agency enforcing federal, state or  local anti-discrimination or other laws. However, to the maximum extent permitted by law,  Executive agrees that if such an administrative claim is made to such an anti-discrimination  agency, Executive shall not be entitled to recover any individual monetary relief or other individual  remedies.   In addition, nothing in this Agreement, including but not  limited to the  release of claims nor the confidentiality and non-disparagement clauses, prohibits Executive from:  (i) reporting possible violations of federal or applicable state law or regulations, including any  possible securities laws violations, to any governmental agency or entity, including but not limited  to the U.S. Department of Justice, the U.S. Securities and Exchange Commission, the U.S.  Congress, or any agency Inspector General; (ii) making any other disclosures that are protected  under the whistleblower provisions of federal or applicable state law or regulations; or (iii)  otherwise fully participating in any federal or applicable state whistleblower programs, including  but not limited to any such programs managed by the U.S. Securities and Exchange Commission  and/or the Occupational Safety and Health Administration. Moreover, nothing in this Agreement  prohibits or prevents Executive from receiving individual monetary awards or other individual  relief by virtue of participating in such federal whistleblower programs.  d.  Collective/Class Action Waiver.  If any claim is not subject to  release, to the extent permitted by law, Executive waives any right or ability to be a class or  collective action representative or to otherwise participate in any putative or certified class,  collective or multi-party action or proceeding based on such a claim in which Employer or  Employer Releasees are a party.  5. Acknowledgments and Affirmations.    a. Compensation and Benefits.  Executive affirms that, except as  otherwise provided in this Agreement, Executive (i) has been paid and/or has received all  compensation, wages, bonuses, commissions, profit sharing, stock options or other ownership  interest in the Employer and/or benefits, which are due and payable as of the date Executive signs  this Agreement; (ii) has been granted any leave to which Executive was entitled under the Family  and Medical Leave Act or state or local leave or disability accommodation laws; and (iii) has no  known workplace injuries or occupational diseases.  b. Employment Agreement Covenants.  Executive affirms that  throughout Executive’s employment Executive has complied with the terms and covenants of  Executive’s Employment Agreement, including but not limited to with respect to Confidential  Information (Section 11), Non-Solicitation (Section 12) and Noncompetition (Section 18).   Executive further understands and acknowledges that Executive remains bound by Executive’s  covenants in the Employment Agreement that continue post-termination, including but not limited  to, Confidential Information (Section 11), Non-Solicitation (Section 12) and Noncompetition  (Section 18).  Executive also affirms that Executive has not divulged any proprietary or  confidential information of Employer except in the course of the performance of services for  Employer prior to the Separation Date, and will continue to maintain the confidentiality of such  information consistent with Employer policies and any agreements with Employer and/or common  law. Executive explicitly affirms and agrees that Executive will not share Employer’s confidential  

 

  5      information with any of Employer’s competitors.   c. Claims/Retaliation.  Executive affirms that (i) Executive has not  filed, caused to be filed, or presently is a party to any claim against Employer Releasees; (ii)  Executive has not been retaliated against for reporting any allegations of wrongdoing by Employer  Releasees, including any allegations of fraud; and (iii) all of Employer’s decisions regarding  Executive’s pay and benefits through Executive’s Separation Date were not discriminatory based  on disability, race, color, sex, age, religion, national origin, or any other classification protected  by law.  d. Medicare/CMS.  Executive affirms that as of the date Executive  signs this Agreement, Executive is not receiving Medicare benefits.  Nonetheless, if the Centers  for Medicare & Medicaid Services (CMS) (this term includes any related agency representing  Medicare’s interests) determines that Medicare has an interest in the payment to Executive under  this Agreement, Executive agrees to (i) indemnify, defend and hold Employer Releasees harmless  from any action by CMS relating to medical expenses of Executive, (ii) reasonably cooperate with  Employer Releasees upon request with respect to any information needed to satisfy the reporting  requirements under Section 111 of the Medicare, Medicaid, and SCHIP Extension Act of 2007, if  applicable, and any claim that the CMS may make and for which Executive is required to  indemnify Employer Releasees under this paragraph, and (iii) waive any and all future actions  against Employer Releasees for any private cause of action for damages pursuant to 42 U.S.C. §  1395y(b)(3)(A).   6. Limited Disclosure and Return of Property.    a. Executive agrees not to disclose any information regarding the  underlying facts leading up to or the existence or substance of this Agreement, including the dollar  amounts herein, except to Executive immediate family members, tax or financial advisors,  attorney, to any federal, state, or local government agency, and/or pursuant to a court order,  subpoena or otherwise required by law. If Executive engages in any permissible disclosure, as set  forth above, such persons to which disclosure is made shall be advised that they, in turn, are bound  by the requirements of this confidentiality provision.    b. Executive affirms that, as of the Executive’s Separation Date,  Executive has returned or will return all of Employer property, documents, and/or any confidential  information in Executive’s possession or control.                                   

 

  6      8. Non-Disparagement/References.  a. Non-disparagement.   Executive agrees that Executive will not in  any way maliciously disparage or defame the good name of the Employer Releasees or its or their  business in any forum, including to the media.  In the event that Executive violates this provision,  Executive acknowledges that Employer has the right to institute an action against Executive for  any damages plus the reimbursement of attorneys’ fees and costs incurred in connection with the  enforcement of this provision.  It is understood that the rest of this Agreement would, nevertheless,  remain in full force and effect.    b. References.  Requests for employment verification should be  referred to Sharla Cook.  In response to such requests, Employer only shall provide Executive’s  title and dates of employment.  9. Governing Law, Breach Interpretation.  This Agreement shall be  governed and conformed in accordance with the laws of the state of Delaware without regard to  its conflict of laws provision.  The parties agree that any disputes relating to this Agreement shall  be filed in state or federal court in the State of Delaware. In the event of a material breach by  Executive of any material provision of this Agreement, or the Employment Agreement, Executive  shall no longer be entitled to, and the Company shall no longer be obligated to pay, any remaining  unpaid portion of the Consideration provided in Paragraph 2 as of the date of such breach.  In  addition, in the event of a breach by either Party of any provision of this Agreement or the  Employment Agreement, either party may institute an action to specifically enforce the term or  terms of this Agreement and/or to seek any damages for breach.  The parties expressly waive any  entitlement to have such controversies decided by a jury.  Notwithstanding the above, the parties  retain all rights related to breach under the Employment Agreement. Should any provision of this  Agreement be declared illegal or unenforceable and cannot be modified to be enforceable,  excluding the general release language, such provision shall immediately become null and void,  leaving the remainder of this Agreement in full force and effect.  If Paragraph 4 of this Agreement  is found to be invalid or unenforceable, the parties agree to modify that paragraph and the release  in a manner to provide Employer with the broadest protection available and, if necessary,  Executive agrees to immediately execute a valid and enforceable release in favor of Employer.  10.   Non-admission of Wrongdoing.  The parties agree that neither this  Agreement nor the furnishing of the consideration for this Agreement shall be deemed or construed  at any time for any purpose as an admission by Executive or Employer Releasees of wrongdoing  or evidence of any liability or unlawful conduct of any kind.  11. Amendment.  This Agreement may not be modified, altered or changed  except in writing and signed by both parties wherein specific reference is made to this Agreement.  12. Construction of Agreement and Section Headings.  Each of the parties  (and their respective attorneys as applicable) have reviewed, revised, and negotiated or had the  opportunity to negotiate the terms, conditions, and language of this Agreement.  The rule of  construction that ambiguities are to be resolved against the drafting party shall not be applied in  interpreting this Agreement.  Section and paragraph titles in this Agreement are used for  convenience only and are not intended to and shall not in any way enlarge, define, limit, or extend  

 

  7      the rights or obligations of the parties or affect the interpretation of this Agreement.    13. Counterparts and Electronic Signature.  This Agreement may be signed  in counterparts, each of which shall be deemed an original, but all of which, taken together shall  constitute the same instrument.  A signature made on a faxed or electronically mailed copy of the  Agreement or a signature transmitted by facsimile or electronic mail shall have the same effect as  the original signature.  14. Entire Agreement.  This Agreement and the Employment Agreement sets  forth the entire agreement between the Parties hereto, and fully supersede any prior agreements or  understandings between the Parties.  Executive acknowledges that Executive has not relied on any  representations, promises, or agreements of any kind made to Executive in connection with  Executive’s decision to accept this Agreement, except for those set forth in this Agreement.                                                                                                                       

 

  8                                                                The parties knowingly and voluntarily sign this Confidential Agreement and General  Release as of the date(s) set forth below:    SCOTT LERNER     BETTER CHOICE COMPANY, INC.       ___________________________________  By: Sharla Cook           Date: ___________9/13/22______________ Title: Chief Financial Officer             Date: ________________________        TO BE RE-EXECUTED WITHIN TWO (2) BUSINESS DAYS AFTER OCTOBER 14, 2022 SEPARATION  DATE:    Re-Execution pursuant to Paragraph 15(e):    SCOTT LERNER           ___________________________________                 10/14/22  Date: ______________________________   

 

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  10      EXHIBIT A             SUMMARY OF NQ STOCK  OPTIONS      Grant Date  Exercise  Price Amount  Vesting  Through  10/14/22  Options  Accelerated Per  Separation  Agreement  (10/15/22- 4/14/23)  Options  Forfeited  12/28/2020 $          6.78 83,334 48,611 13,889 20,834  3/3/2021 $          8.82 200,000 105,555 33,333 61,112  7/8/2021 $          5.00 33,333 13,888 5,556 13,889  8/19/2021 $          5.00 25,000 9,027 4,167 11,806  2/1/2022 $          2.29 100,000 - 38,888 61,112    441,667 177,081 95,833 168,753advisoryconsultingagreem

1  9498/12/8767655.v4    ADVISORY CONSULTING AGREEMENT  THIS ADVISORY CONSULTING AGREEMENT (this “Agreement”) is made effective  as of November 2, 2022 (the “Effective Date”) by and between Better Choice Company Inc., a  Delaware corporation (the “Company”), and Lionel F. Conacher (the “Advisor”).   RECITALS  WHEREAS, the Company wishes to engage the services of Advisor to provide the services  set forth below, and Advisor wishes to provide such services.  NOW, THEREFORE, in consideration of the covenants hereinafter stated, the parties agree  as follows: 1. Interim Chief Executive Officer.   a. Retention of Advisor.  The Company hereby retains Advisor to serve as the  Company’s Interim Chief Executive Officer reporting to the Company’s Board of Directors (the  “Board”).   b. Term and Termination.  The parties acknowledge that the Advisor’s  engagement with the Company commenced on September 1, 2022 and shall continue pursuant to the  terms of this Agreement , unless earlier terminated as provided below, until December 31, 2022 (the  “Term”) and thereafter shall automatically renew for additional one (1) month periods unless  terminated earlier in accordance with the terms of this Agreement.  Either party shall have the right to  terminate this Agreement at any time and for any reason upon ten (10) days’ prior written notice to  the other party.  The provisions set forth in Sections 2.b, 4, 5, 6, 7 and 8 of this Agreement shall survive  after termination of this Agreement.  2. Position, Duties, Responsibilities.  a. Duties.  Advisor will exercise such authority, perform such duties and  functions, and discharge such responsibilities as are reasonably commensurate with the position of  chief executive officer and as otherwise as reasonably requested by the Board from time to time  (“Services”).  Advisor shall faithfully and diligently perform the Services in conformity with the  lawful directions of the Company and serve the Company to the best of Advisor’s ability. Advisor  shall devote Advisor's commercially reasonable efforts and attention to the performance of the  Services for the Company on a timely basis.  Advisor shall also be available to answer questions,  provide advice and provide Services to the Company, in person and telephonically, upon reasonable  request and notice from the Board.  b. Independent Contractor.  Advisor is an independent contractor.  Advisor shall  not be deemed for any purpose to be an employee of the Company.  The Company shall not be  responsible to Advisor or any governing body for any payroll-related taxes or insurance related to the  performance of the terms of this Agreement. c. Other Agreements.  Advisor hereby represents that Advisor is not a party to any  other agreements or commitments that would hinder Advisor’s performance of the Services, other  than those disclosed to the Company in advance of the execution of this Agreement. 3. Compensation and Expenses.   

 

2  9498/12/8767655.v4  a. Compensation.   i. As full and complete consideration for the Services to be rendered  hereunder, Advisor shall receive compensation of $160,000.00 per calendar  year of service, payable in arrears on a monthly basis commencing as of  September 1, 2022. The compensation may be paid by the Company in cash  or in shares of the Company’s common stock as follows: (i) if compensation  is paid in cash, payment will be made via electronic funds transfer on the  first business day following the end of the month for which service was  provided and (ii)if compensation is paid in shares of common stock, such  shares will be issued on the last business day of the month for which service  was provided based on the closing price for such shares as reported on the  NYSE American on that day. ii. Notwithstanding the foregoing, Advisors shall be entitled to compensation  for a minimum of three months ($40,000), which compensation shall be  paid on the Effective Date in shares of common stock based on the closing  price of such shares reported by the NYSE American on November 1, 2022  ($0.98 per share). Advisor hereby acknowledges receipt of 40,817 shares of  the Company’s common stock in satisfaction of the compensation payable  pursuant to this clause ii.  b. Reimbursement of Expenses.  The Company shall also reimburse Advisor for  all reasonable out-of-pocket expenses actually incurred by Advisor in performance of the  Services;.  Advisor shall present to the Company supporting documentation and a reasonably detailed  explanation of expenses incurred together with any request for reimbursement of such expenses. 4. Proprietary Rights.  All work arising from the Services performed hereunder and all  materials and products developed or prepared for the Company by Advisor in connection with the  Services performed hereunder are the exclusive property throughout the world of the Company, and  all right, title and interest therein shall vest in the Company.  All documentation and other  copyrightable materials developed or prepared by Advisor in connection with the Services performed  hereunder shall be deemed to be “works made for hire” in the course of the Services rendered  hereunder.  To the extent that title to any works arising from the performance of the Services hereunder  may not, by operation of law, vest in the Company, or such works may not be considered “works made  for hire,” all right, title and interest therein, including, without limitation, all copyrights, are hereby  irrevocably assigned by Advisor to the Company.  Any and all inventions, discoveries, processes,  ideas, methods, designs and know-how, whether or not patentable, which Advisor may conceive or  make either alone or in conjunction with others, during the term of this Agreement, which in any way  pertain to or are connected with the Services, shall be the sole and exclusive property throughout the  world of the Company; and Advisor, whenever requested to do so by the Company or any subsidiary  and/or affiliate thereof, at the Company’s expense, and without further compensation or consideration,  shall promptly execute any and all applications, assignments and other instruments and perform such  acts which the Company shall deem necessary or advisable in order to apply for and obtain copyrights,  letters, patent and other applicable statutory protection throughout the world for said inventions, ideas  and discoveries, and in order to assign and convey to the Company the sole and exclusive right, title  and interest throughout the world in and to said inventions, discoveries, processes, ideas, methods,  designs and know-how, or any applications, copyrights or patents thereof. 5. Confidentiality.  The provisions of Section 7 of that certain letter agreement by and  between the Company and Advisor dated September 27, 2021 are hereby incorporated by reference  into this Agreement and made a part hereof.  

 

3  9498/12/8767655.v4  6. Remedies/Additional Confidentiality Agreements.  Nothing in Sections 4 and 5 of this  Agreement is intended to limit any remedy of the Company under applicable state or federal law.  7. Notice of Services to Competitors.  During the Term, Advisor shall provide the  Company with prior written notice if Advisor intends to provide any services, as an employee,  consultant or otherwise, to any person, company or entity that competes with the Company, which  written notice shall include the name of the competitor.  During the period that is six (6) months after  the termination of this Agreement, Advisor shall provide the Company with written notice any time  that Advisor provides any services, as an employee, consultant or otherwise, to any person, company  or entity that competes with the Company.  8. Miscellaneous.  a. Notices.  All notices, requests, demands and other communications under this  Agreement shall be in writing to the address set forth below (or at such other address, email address  or facsimile for a party as shall be specified by the notice) and shall be deemed to have been duly  given if (a) delivered by hand and receipted for by the party to which said notice or other  communication shall have been directed, (b) actually receipted by the party to which it is addressed,  however transmitted, (c) two (2) business days after being sent by reputable overnight courier prepaid  for delivery in no more than two (2) business days; or (d) sent by electronic mail:  If to the Company, to:  Better Choice Company Inc.  12400 Race Track Road  Tampa, Florida 33626  Attn: Sharla A. Cook  Email: sharla@bttrco.com  b. All notifications made to Advisor shall be made to Advisor at the address set  forth opposite Advisor’s name on the signature page hereof. c. Entire Agreement.  This Agreement constitutes the entire agreement and  understanding between the parties with respect to the subject matter herein, and supersedes and  replaces any and all prior agreements and understandings, whether oral or written with respect to such  matters.  d. Modifications.  No modification, amendment, supplement to or waiver of this  Agreement shall be binding upon the parties hereto unless made in writing and duly signed by both  parties.  e. Severability.  In the event any one or more of the provisions of this Agreement  is held to be invalid or otherwise unenforceable, the enforceability of the remaining provisions shall  be unimpaired.  f. Assignment.  Advisor may not assign any of Advisor’s obligations hereunder  without the prior written consent of the Company, which may be withheld in the Company’s sole  discretion. g. Governing Law.  The validity, interpretation, enforceability, and performance  of this Agreement shall be governed by and construed in accordance with the laws of the State of  Delaware, without regard to principles of conflicts of laws. Venue and jurisdiction for any and all  

 

4  9498/12/8767655.v4  disputes arising out of this Agreement shall be in any state or federal court located in the State of  Delaware.  h. Injunctive Relief.  The parties agree that in the event of any breach or threatened  breach of any of the covenants in Section 4 and 5, the damage or imminent damage to the value and  the goodwill of the Company's business will be irreparable and extremely difficult to estimate, making  any remedy at law or in damages inadequate. Accordingly, the parties agree that the Company shall  be entitled to injunctive relief against Advisor in the event of any breach or threatened breach of any  such provisions by Advisor, in addition to any other relief (including damages) available to the  Company under this Agreement or under applicable state or federal law.  i. Disclosure.  Advisor acknowledges and agrees that the Company has publicly  disclose that Advisor has been retained by the Company. j. Counterparts.  This Agreement may be executed in any number of counterparts,  all of which will constitute one and the same instrument. Counterparts may be delivered via facsimile,  electronic mail (including pdf) or other transmission method and any counterpart so delivered shall be  deemed to have been duly and validly delivered and be valid and effective for all purposes. k. Further Assurances.  The parties hereto agree (i) to furnish upon request to each  other such further information, (ii) to execute and deliver to each other such other documents, and (iii)  to do such other acts and things, all as may be reasonably requested by the other party hereto for the  purpose of carrying out the intent of this Agreement and the transactions contemplated hereby.   l. Joint Participation.  The parties have participated jointly in negotiating and  drafting this Agreement.  If an ambiguity or a question of intent or interpretation arises, this Agreement  shall be construed as if drafted jointly by the parties, and no presumption or burden of proof shall arise  favoring or disfavoring any party by virtue of the authorship of any provisions of this Agreement.  [Signature page follows]

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