Document:

EX-10.41

 Exhibit 10.41 

FOURTH AMENDMENT TO LEASE 

(Liberty Industrial Park, LLC) 

THIS FOURTH AMENDMENT TO LEASE (“Fourth Amendment”) is made and entered into as of the 14th day of February, 2020, by and between LIBERTY INDUSTRIAL PARK, a California limited liability company (“Lessor”) and ORGANOGENESIS INC., a Delaware corporation
(“Lessee”). 
 R E C I T A L S: 

A. Lessor and ADVANCED BIOHEALING, Inc. entered into that certain Standard Industrial/Commercial Multi-Tenant Lease—Net dated as of
March 7, 2011 (the “Original Lease”), whereby Lessor leased to Lessee and Lessee leased from Lessor certain industrial space located in those certain buildings located at and addressed as 9677 Distribution Avenue,
San Diego, California (the “Project”). The Lease term ended on April 30, 2013. Advanced BioHealing Inc. was acquired by Shire, Inc. as a wholly-owned subsidiary in 2011. Shire, Inc. changed its name to Shire
Regenerative Medicine, Inc. effective July 18, 2012. Shire, Inc. was acquired by Organogenesis on January 17, 2014. The Original Lease may be referred to herein as the “Lease.” 

B. By a First Amendment, Lessor and Lessee agreed to extend the Term of the Lease to terminate on April 30, 2015. 

C. By a Second Amendment, Lessor and Lessee agreed to extend the Term of the Lease to terminate on April 30, 2017. 

D. By a Third Amendment, Lessor and Lessee agreed to extend the Term of the Lease to terminate on April 30, 2020. 

E. By this Fourth Amendment, Lessor and Lessee desire to extend the Term of Lease to terminate on March 31, 2022 and to otherwise modify the
Lease as provided herein. 
 F. Unless otherwise defined herein, capitalized terms as used herein shall have the same meanings as given
thereto in the Lease. 
 NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants contained herein, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows: 

A G R E E M E N T: 

1. The Premises. Lessor and Lessee hereby agree that pursuant to the Lease, Lessor currently leases to Lessee and Lessee currently
leases from Lessor that certain industrial space in the Project containing 6,000 rentable square feet (the “Premises”), as more particularly described in the Original Lease. 

2. Extended Lease Term. The Lease Expiration Date of April 30, 2020 shall be extended such that the Lease shall terminate on March
31, 2022 (“New Termination Date”). The period from May 1, 2020 through the New Termination Date specified above shall be referred to herein as the “Extended Term.” 

3. Monthly Base Rent. Notwithstanding anything to the contrary in the Lease, during the Extended Term, Lessee shall pay, in accordance
with the provisions of this Section 3, monthly Base Rent for the Premises as follows: 
  

					
	Period	  	Monthly Base Rent	 
	 May 1, 2020 - April 30, 2021
	  	$	5,280.00	 
	 May 1, 2021 - March 31, 2022
	  	$	5,438.40	 

 4. Condition of the Premises. Lessee hereby agrees to accept the Premises in its “as-is” condition and Lessee hereby acknowledges that Lessor shall not be obligated to provide or pay for any improvement work or services related to the improvement of the Premises. Lessee also
acknowledges that Lessor has made no representation or warranty regarding the condition of the Premises. 
 5. Defaults. Lessee hereby
represents and warrants to Lessor that, as of the date of this Fourth Amendment, Lessee is in full compliance with all terms, covenants and conditions of the Lease and that there are no breaches or defaults under the Lease by Lessor or Lessee, and
that Lessee knows of no events or circumstances which, given the passage of time, would constitute a default under the Lease by either Lessor or Lessee. 

6. Signing Authority. Each individual executing this Fourth Amendment on behalf of Lessee hereby represents and warrants that Lessee is
a duly formed and existing entity qualified to do business in the State of California and that Lessee has full right and authority to execute and deliver this Fourth Amendment and that each person signing on behalf of Lessee is authorized to do so.

  
 2 

 7. No Further Modification. Except as set forth in this Fourth Amendment, all of the
terms and provisions of the Lease shall remain unmodified and in full force and effect. 
 IN WITNESS WHEREOF, this Fourth Amendment has been executed as of
the day and year first above written. 
  

							
	 “LESSOR”
	 		 	 LIBERTY INDUSTRIAL PARK, LLC,
 a
California limited liability company

				
		 		 	By:	 	/s/ Stephen R. Madruga
		 		 		 	 Name: Stephen R. Madruga
 Its: Managing
Member

				
		 		 	Date:	 	2.14.20
				
		 		 	By:	 	/s/ Janice Gonsalves
		 		 		 	 Name: Janice Gonsalves
 Its:
Member

				
		 		 	Date:	 	2.14.20
			
	 “LESSEE”
	 		 	 Organogenesis, Inc.,
 a Delaware
corporation

				
		 		 	By:	 	 /s/ Patrick Bilbo

		 		 		 	 Name: Patrick Bilbo
 Its: COO

				
		 		 	Date:	 	2/9/2020

  
 3EX-10.42

 Exhibit 10.42 

SECOND AMENDMENT TO LEASE 
 This Second
Amendment to Lease (the “Second Amendment”) is made effective and entered into on the 7th day of February, 2020 by and between Oxmoor Holdings, LLC, an Alabama limited liability company (“Landlord”), and Organogenesis Inc., a
Delaware corporation (“Tenant”). Capitalized terms used but not otherwise defined herein shall have the meaning given to them in the Lease. 

WHEREAS, Landlord and NuTech Medical Inc. entered into that certain Lease Agreement dated as of January 2014, as amended by that certain First
Amendment to Lease, dated as of March 23, 2018 (as so amended, the “Lease”) wherein Landlord leased to Tenant that certain office building located at 2641 Rocky Ridge Lane, Birmingham, Jefferson County, Alabama; and 

WHEREAS, Landlord and Tenant desire to amend certain terms of the Lease on the terms herein set forth. 

NOW THEREFORE, in consideration of the mutual covenants and agreements set forth herein and in the Lease, Landlord and Tenant hereby agree to amend the
Lease as follows: 
  

	1.	 Notices. Section 17.2 of the Lease is hereby amended by replacing the address
opposite the words “To Landlord” with the following: 

 “Oxmoor Holdings LLC 

600 Luckie Drive, Suite 424 

Birmingham AL 35223” 
  

	2.	 Extension. Pursuant to Section 3.2 of the Lease, Landlord is hereby notified that Tenant is
extending the term of the Lease by one (1) year. The Lease shall be extended to, and shall terminate on, December 31, 2021. 

  

	3.	 Miscellaneous. This Second Amendment is the entire agreement between the parties with respect to the
subject matter hereof and supersedes all prior and contemporaneous oral and written agreements and discussions. This Second Amendment may be amended only by an agreement in writing, signed by the parties hereto. This Second Amendment may be executed
in counterparts, each of which shall be deemed to be an original, but such counterparts when taken together shall constitute one instrument. Except as amended and/or modified by this Second Amendment, the Lease is hereby ratified and confirmed and
all other terms of the Lease shall remain in full force and effect. Whether or not specifically amended by this Second Amendment, all of the terms and provisions of the Lease are hereby amended to the extent necessary to give effect to the purpose
and intent of this Second Amendment. 

 [Signature page follows] 

 IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be
executed as of the date first above written. 
  

			
	LANDLORD:
	
	OXMOOR HOLDINGS, LLC, an Alabama limited liability company
		
	By:	 	/s/ Judy S. Horton
	Name:	 	Judy S. Horton
	Title:	 	Manager

  

			
	TENANT:
	
	ORGANOGENESIS INC., a Delaware corporation
		
	By:	 	/s/ Patrick Bilbo
	Name:	 	Patrick Bilbo
	Title:	 	COOEXCLUSIVE DISTRIBUTION
AGREEMENT

THIS EXCLUSIVE
DISTRIBUTION AGREEMENT (this “Agreement”) is entered into effect as of the 9TH day of March,
2020 (the “Effective Date”) by and between BIDI VAPOR, LLC,
a Florida limited liability company (“Manufacturer”), and KAIVAL BRANDS INNOVATONS GROUP, INC., a Delaware
corporation (“Distributor”). Manufacturer and Distributor are each referred to herein as a “Party”
and collectively, the “Parties.”

RECITALS

WHEREAS,
Manufacturer is in the business of developing electronic nicotine delivery systems and related components (all such products whether
now or hereafter made available for sale by Manufacturer being hereinafter referred to as “Products”).

WHEREAS,
Distributor wishes to obtain, and Manufacturer is willing to grant Distributor, an exclusive worldwide right to distribute the
Products for sale and resale to both retail level customers (“Retail Customers”) and non-retail level customers,
including without limitation, to wholesale customers and sub-distributors (“Non-Retail Customers”).

NOW, THEREFORE,
in consideration of the foregoing premises and the mutual representations and agreements set forth herein, and other good and valuable
consideration, the receipt and adequacy of which are hereby acknowledged, Manufacturer and Distributor, intending to be legally
bound, hereby agree as follows:

1.                 
APPOINTMENT; EXCLUSIVITY; MARKETING AND SUPPORT.

A.               
Appointment and Exclusivity. Subject to the terms and conditions set forth in this Agreement, Manufacturer hereby appoints
Distributor as its exclusive worldwide distributor of the Products. Distributor accepts the appointment as Manufacturer’s
exclusive worldwide distributor of the Products and agrees to buy for resale, upon the terms and conditions set forth herein, Products
in such quantities as Distributor shall need to properly service the market. Manufacturer represents and warrants that the appointment
of and sale of Products to Distributor under this Agreement does not violate any obligations or contracts of Manufacturer. As a
condition of exclusivity, Distributor agrees not to represent or sell other products which Manufacturer may reasonably determine
to be competitive with the Products, without written approval from Manufacturer. For purposes of clarification, during the term
of this Agreement Manufacturer will not directly sell any Products to any person (Retail Customer or Non-Retail Customer) other
than to Distributor.

B.                
Marketing and Support. Manufacturer will be solely responsible to provide Distributor with all branding, logos and marketing
materials to be utilized by Distributor in connection with Distributor’s marketing and promotion of the Products; provided,
however, Distributor shall bear all expenses related to reproduction and distribution of the same. Distributor agrees to use its
best efforts to promote, develop a market, sell, and distribute the Products worldwide. Among such other actions as may be necessary
to generate sales of the Products, Distributor will perform at its expense and to the reasonable satisfaction of Manufacturer the
following duties:

		i.	Distributor will engage in sales promotion activities in which Products shall be designated by
their correct names and identified as Products of Manufacturer being marketed by Distributor as an independent distributor.

		ii.	Distributor will provide all customer service and support (both to its Retail Customers and Non-Retail
Customers and to all end consumers of the Products).

		iii.	Distributor will process all sales by Distributor to Retail Customers and Non-Retail Customers.
All sales by Distributor to Retail Customers will be made through the domain www.bidivapor.com.

		iv.	Distributor shall maintain adequate inventory levels of the Product on-hand to meet Retail Customer
demand.

		v.	Distributor shall at all times conduct its business in a manner that will reflect favorably on
Manufacturer and the Products and will not engage in any deceptive, misleading, illegal or unethical business practice. In performing
its obligations hereunder, Distributor agrees not to make any representations or give any warranties or guarantees to any person
with respect to the Products, other than in compliance with Section 7.A. hereof or otherwise expressly authorized in writing by
Manufacturer.

		vi.	Distributor shall provide to Manufacturer prior to the time of first use five (5) copies of all
of Distributor's advertising and sales promotion materials in which any Products are mentioned and five (5) copies of any translations
of any manuals or other materials provided or sold to Distributor by Manufacturer.

		vii.	Distributor, not more often than every three (3) months, shall make reports to Manufacturer, as
reasonably requested by Manufacturer, with respect to sales and potential sales of Products. Distributor also shall report to Manufacturer
such information as is necessary to enable Manufacturer to manufacture or supply Products in compliance with applicable laws and
regulations throughout the world.

		viii.	Distributor will prepare and deliver to Manufacturer quarterly forecasts of Distributor's anticipated
sales by Product during each month of the six-month period following the date of the forecast. It is understood that said forecasts
will be used for planning purposes only and will not constitute a commitment by either Party.

		ix.	Distributor will comply with all applicable laws and regulations and will not assist or participate
in any violation of laws or regulations applicable to Manufacturer or Distributor.

Distributor shall be responsible for
all expenses incurred by it in connection with the implementation and performance of its duties and obligations under this Agreement,
including, without limitation: (i) salaries or compensation for its personnel; (ii) costs and expenses associated with establishing
and maintain its sales organization and offices; and (iii) marketing, advertising and promotion expenses.

2.                 
PURCHASE ORDERS; PRICING.

A.               
Purchase Orders. Distributor shall order Products in accordance with the terms and conditions of this Agreement. Each
order for the purchase of Products (a “Purchase Order”) must be submitted to Manufacturer by Distributor by
email or Manufacturer’s electronic data interchange (EDI) system. Each Purchase Order shall specify (i) whether the order
is being made in connection with the sale by Distributor to Retail Customers or to Non-Retail Customers, (ii) the quantity of Products
being ordered, (iii) the applicable Retail Minimum Price and/or Wholesale Minimum Price for the Products ordered, (iv) the price
to be paid by Distributor to Manufacturer for the Products ordered, (iv) payment terms granted by Manufacturer, and (v) the requested
receipt date and delivery instructions for the applicable Products ordered. Receipt dates must be during the term of this Agreement,
except Distributor may request, subject to Manufacturer’s acceptance in Manufacturer’s sole and absolute discretion,
a Purchase Order with a requested receipt date after the expiration or termination of this Agreement, in which case, if accepted
by Manufacturer, the terms and conditions of this Agreement shall apply to such shipment, but under no circumstances should such
shipment be deemed to be or construed as being a renewal or extension of this Agreement or the exclusivity rights granted to Distributor
herein. The Parties agree that to the extent that any of the terms and conditions of this Agreement conflict or are inconsistent
with the terms or conditions of any Purchase Order submitted by Distributor, the terms and conditions of this Agreement shall prevail
and control to the extent of any such conflict or inconsistency, unless the Purchase Order containing such conflicting or inconsistent
terms and conditions is countersigned by Manufacturer, in which case the terms and conditions set forth in such Purchase Order
shall prevail and control to the extent of any such conflict or inconstancy.

B.                
Acceptance of Purchase Order. A Purchase Order submitted by Distributor shall be deemed to have been accepted by, and
shall be binding upon, Manufacturer when it is countersigned by Manufacturer or if it is not rejected by Manufacturer, in whole
or in part, by written notice to Distributor sent within five (5) business days of its receipt by Manufacturer. Notwithstanding
anything contained herein to the contrary, Manufacturer may only reject, cancel, or delay any Purchase Order placed by Distributor,
whether or not such Purchase Order has been previously accepted by Manufacturer, pursuant to Section 3.B. below. In the event Manufacturer
is unable to fill all of a Purchase Order for any reason, it shall promptly notify Distributor and Distributor shall have the right,
in its discretion, to cancel the subject Purchase Order. Distributor may change or cancel any of its Purchase Orders without penalty
so long as Distributor provides written notice to Manufacturer and the Products have not yet been shipped; provided that Distributor
shall pay to Manufacturer a fee of twenty five percent (25%) of the aggregate purchase price of the Products of which manufacturing
has commenced that are subject to any Purchase Order which has been materially changed or canceled by Distributor.

C.               
Invoices and Payment Terms. Manufacturer shall send Distributor invoices via mail or email for each shipment. Distributor
shall notify Manufacturer in writing if Distributor disputes any charges set forth on an invoice within fifteen (15) calendar days
after receipt of such invoice, specifying in reasonable detail the items disputed and basis for the dispute. Thereafter, the Parties
will work in good faith to resolve such dispute as quickly as is reasonably possible. If any such dispute is not resolved within
thirty (30) calendar days after Distributor’s receipt of the applicable invoice, then Manufacturer may suspend any further
shipments of Products under this Agreement until such time as the dispute is resolved and all amounts agreed upon by the Parties
to be due are paid in full. All undisputed amounts on each invoice are due and payable within thirty (30) calendar days from the
date of Distributor’s receipt of the invoice. Payments due hereunder must be made, at Distributor’s option, by ACH,
wire transfer, certified check or such other method as may be agreed to by the Parties. Manufacturer reserves the right to change
or modify payment terms upon sixty (60) calendar days’ written notice to Distributor at any time following a default by Distributor
of its payment obligations under this Agreement with such changes or modifications to be effective for Purchase Orders submitted
after such sixty (60) calendar day period. Invoices will be issued upon shipment of the product from Manufacturer’s warehouse
or production facility to Distributor or to Distributor’s customer via direct shipment.

D.               
Prices; Price Reductions. Manufacturer has a legitimate interest in ensuring that a minimum price be maintained for
all sales by Distributor of its Products to Retail Customers and to Non-Retail Customers. Accordingly, Manufacturer will establish
minimum pricing for all sales by Distributor of its Products to Non-Retail Customers (“Wholesale Minimum Price”)
and minimum pricing for all sales by Distributor of its Products to Retail Customers (“Retail Minimum Price”)
and Distributor will not sell any Products to Non-Retail Customers below the applicable Wholesale Minimum Price or sell any Products
to Retail Customers below the applicable Retail Minimum Price. The initial Wholesale Minimum Price and Retail Minimum Price for
the Products are included as Exhibit A attached hereto. Distributor agrees to pay Manufacturer the price per Product identified
in Exhibit A attached hereto. Manufacturer retains the right to make changes to Wholesale Minimum Pricing, Retail Minimum
Pricing and Distributor pricing upon providing not less than seven (7) days’ prior written notice to Distributor. Any price
reduction to the Wholesale Minimum Pricing, Retail Minimum Pricing or Distributor pricing with respect to affected Products shall
apply to Purchase Orders that have not yet been accepted or deemed accepted by Manufacturer and Purchase Orders thereafter submitted
by Distributor. Any price increase to the Wholesale Minimum Pricing, Retail Minimum Pricing or Distributor pricing with respect
to affected Products shall apply to Purchase Orders thereafter submitted by Distributor; provided that Distributor shall have the
right, at its option, to cancel, in whole or in part, any outstanding Purchase Orders for affected Products not yet accepted by
Manufacturer. Prices do not include, and Manufacturer shall not be responsible for any required federal, state or local sales or
other taxes, duties, export or custom charges, VAT charges, brokerage or other fees.

E.                
Past Due Amounts. If any undisputed amount due Manufacturer by Distributor, for any reason, becomes past due, Manufacturer
shall provide written notice to Distributor and, if such amounts remain outstanding for fifteen (15) calendar days following receipt
of such notice, Manufacturer may at its option and without further notice withhold further shipments or deliveries of Products
under this Agreement until such past due invoices are paid in full.

F.                
Taxes. Distributor shall be responsible for any national, state or local sales, use, value added, or other tax, tariff,
duty or assessment levied or imposed by the United States or any foreign governmental authority arising out of or related to any
of the transactions contemplated by this Agreement, including sales of Product to Distributor, other than taxes based upon Manufacturer’s
income. Distributor must pay directly, or reimburse Manufacturer for the amount of such sales, use, value added or other tax, tariff,
duty or assessment which Manufacturer is at any time obligated to pay or collect with respect to or arising out of the sale of
Products under this Agreement.

		3.	SHIPMENTS; PRODUCTS.

A.       Shipment
Terms; Title and Risk of Loss. All Products purchased by Distributor under this Agreement will be packaged for shipment in
Manufacturer’s standard containers, marked for shipment (i) in the case of any purchase by Distributor of Products from Manufacturer
for sale to Non-Retail Customers, to the applicable Non-Retail Customer at the address specified by Distributor in the Purchase
Order, and (ii) in the case of any purchase by Distributor of Products from Manufacturer for sale to Retail Customers, to Distributor
at the address specified by Distributor in the Purchase Order (the applicable destination being hereinafter referred to as the
“Destination”), and delivered to the Distributor (in the case of Retail Customer sales) or to the Non-Retail
Customer (in the case of Non-Retail Customer sales). All costs of shipment shall be paid by Manufacturer for any purchase by Distributor
of Products from Manufacturer for sale to Retail and Non-Retail Customers (and all such Products shall be directly shipped by Manufacturer
to each such Non-Retail Customer at the address specified by Distributor in the applicable Purchase Order). Title and risk of loss
will pass F.O.B. Destination. Distributor shall be solely responsible for all costs of shipment for the subsequent sale by Distributor
to Retail Customers. Manufacturer shall ship Products on or before the requested receipt date designated in a Purchase Order (provided
that such receipt date is not less than twenty (20) business days after the Purchase Order is received by Manufacturer) and shall
promptly notify Distributor when Manufacturer knows or has reason to believe that a shipment will not be delivered by the requested
receipt date. Any expense for any special packaging or any special delivery requested by Distributor shall be borne by Distributor.

B.       Manufacturer’s
Right to Delay or Cancel. Notwithstanding Manufacturer’s obligations in this Agreement, Manufacturer may refuse, cancel
or delay any shipment of Products when Distributor is delinquent in any payment for more than (30) calendar days, or when Distributor
is in material breach of its obligations under this Agreement which has not been cured pursuant to Section 11.A.

C.       Acceptance
of Shipments. Distributor shall have ten (10) business days from the date of arrival of the shipment of the Products at the
applicable Destination or other shipping location agreed upon by the Parties to inspect the Products and notify Manufacturer in
writing of any discrepancies with respect to such Products, including but not limited to any discrepancies in the quantity or quality
of the Products. Products with respect to which Distributor does not notify Manufacturer of any discrepancies in writing shall
be deemed accepted by Distributor.

D.        Adding
or Deleting Products; Manufacturing Changes to the Products. Manufacturer shall have the right at any time upon ninety (90)
calendar days’ prior written notice to Distributor to add or delete Products. Should Manufacturer want to make any changes
to the Products, it shall first notify the Distributor at least ninety (90) calendar days before the change is implemented, and
such changes shall be agreed to by the Parties in writing before shipment of any Products which include any such changes. Notwithstanding
the foregoing, for changes required by regulatory or certification authorities or otherwise deemed necessary by Manufacturer for
any reason, including health, safety, welfare, technology intellectual property, trade secret, competitive, materials sourcing,
or other matters, Manufacturer will notify Distributor at least thirty (30) calendar days before the change is implemented, but
Distributor’s approval of such changes shall not be required.

		4.	INTELLECTUAL PROPERTY RIGHTS.

A.       Manufacturer’s
Marks. Subject to the terms and conditions of this Agreement, during the term of this Agreement, Manufacturer hereby grants
to Distributor a revocable, sublicensable, non-transferable, non-exclusive, limited license to use Manufacturer’s logos,
trademarks, and trade names, together with all branding and marketing materials created by or on behalf of Manufacturer in connection
with the Products, and the domain www.medicahemp.com (collectively the “Manufacturer IP”), solely in connection
with the marketing, advertisement and sale of the Products. Such license shall immediately terminate upon the expiration or termination
of this Agreement. Distributor shall strictly comply with all standards of use for the Manufacturer IP and must at all times display
appropriate trademark and copyright notices as instructed by Manufacturer. Distributor acknowledges and agrees that the Manufacturer
IP and other intellectual property provided to Distributor by Manufacturer, if any, are the sole and exclusive property of Manufacturer.
Distributor shall not acquire any right, title or interest under this Agreement in any patent, copyright, Manufacturer IP or other
intellectual property right of any kind of Manufacturer. No implied license, patent, copyright or other intellectual property right
of Manufacturer is granted under this Agreement or otherwise. During the term of this Agreement and thereafter, Distributor shall
not do anything that will in any manner infringe, impeach, dilute or lessen the value of the Manufacturer IP, patents, copyrights
or other intellectual property of Manufacturer or the goodwill associated therewith or that will tend to prejudice the reputation
of the Manufacturer or the sale of any Products.

B.       Distributor
Marks. Subject to the terms and conditions of this Agreement, during the term of this Agreement, Distributor hereby grants
Manufacturer a non-exclusive, royalty free license to use Distributor’s logos, trademarks, and trade names (the “Distributor
Marks”) on Manufacturer’s web sites and marketing materials. Such license shall immediately terminate upon the
expiration or termination of this Agreement. Manufacturer shall strictly comply with all standards of use for the Distributor Marks
and must at all times display appropriate trademark and copyright notices as instructed by Distributor. Manufacturer acknowledges
and agrees that the Distributor Marks and other intellectual property provided to Manufacturer by Distributor, if any, are the
sole and exclusive property of Distributor. Manufacturer shall not acquire any right, title or interest under this Agreement in
any patent, copyright, Distributor Marks or other intellectual property right of any kind of Distributor. No implied license, patent,
copyright or other intellectual property right of Distributor is granted under this Agreement or otherwise. During the term of
this Agreement and thereafter, Manufacturer shall not do anything that will in any manner infringe, impeach, dilute or lessen the
value of the Distributor Marks, patents, copyrights or other intellectual property of Distributor or the goodwill associated therewith
or that will tend to prejudice the reputation of the Distributor.

 

		5.	CONFIDENTIAL INFORMATION.

A.               
Confidential Information. The Parties acknowledge and agree that during the term of this Agreement, each may receive
confidential information from the other Party. “Confidential Information” shall mean (i) information relating
to a Party’s and its affiliates’ products or business including, but not limited to, the business plans, financial
records, customers, suppliers, products, product samples, strategies, inventions, procedures, sales aids or literature, technical
data, advice or knowledge, contractual agreements, pricing, price lists, product white papers, plans, designs, specifications,
and know-how or other intellectual property, that may be at any time furnished, communicated or delivered by either party to the
other party whether in oral, tangible, electronic or other form and (ii) all other non-public information provided by one Party
to the other including, but not limited, to financial, technical and business information, and all non-promotional materials furnished
by one Party to another.

B.                
Exceptions. The “Receiving Party” shall not have any obligations to preserve the confidential nature
of any Confidential Information that (a) Receiving Party can demonstrate by competent evidence was rightfully in the Receiving
Party’s possession before receipt from the “Disclosing Party”; (b) is or becomes a matter of public knowledge
through no fault of the Receiving Party; (c) is rightfully received by Receiving Party from a third party without, to the best
of Receiving Party’s knowledge, a duty of confidentiality; (d) is independently developed by Receiving Party without use
of the Confidential Information; or (e) is disclosed by Receiving Party with Disclosing Party’s prior written approval.

C.               
Use of Confidential Information; Standard of Care. The Receiving Party shall maintain the Confidential Information in
confidence and disclose the Confidential Information only to its employees, subcontractors and consultants who have a need to know
such Confidential Information in order to fulfill the business affairs and transactions between the Parties contemplated by this
Agreement and who are under confidentiality obligations no less restrictive as, or who have been advised of the confidentiality
obligations set forth in, this Agreement. The Receiving Party shall remain responsible for breaches of this Agreement arising from
the acts of its employees, subcontractors and consultants to whom it provides the Disclosing Party’s Confidential information.
The Receiving Party shall protect Confidential Information by using the same degree of care as Receiving Party uses to protect
its own information of a like nature, but no less than a reasonable degree of care, to prevent the unauthorized use, disclosure,
dissemination, or publication of the Confidential Information. The Receiving Party agrees not to use the Disclosing Party’s
Confidential Information for its own purpose other than in connection with the transactions contemplated by this Agreement or for
the benefit of any third party, without the prior written approval of the Disclosing Party. The Receiving Party shall promptly
return or certify destruction of all copies of Confidential Information upon request by the Disclosing Party or upon the expiration
or earlier termination of this Agreement.

D.               
Equitable Relief. The Receiving Party hereby agrees and acknowledges that any breach or threatened breach of this Agreement
regarding the treatment of the Confidential Information may result in irreparable harm to the Disclosing Party for which there
may be no adequate remedy at law. In addition to other remedies provided by law or at equity, in such event the Disclosing Party
shall be entitled to seek an injunction, without bond, preventing any further breach of this Agreement by the Receiving Party.

6.                 
INSURANCE. Manufacturer shall maintain, during the term of this Agreement, Commercial General Liability Insurance with
minimum limits, including under any General Liability Umbrella Policies, of not less than $2,000,000 combined single limit for
bodily injury and property damage on Products purchased by Distributor for resale. Manufacturer shall use commercially reasonable
efforts to provide Distributor with thirty (30) calendar days’ prior written notice of any change or cancellation in any
applicable insurance policies.

Distributor shall maintain, during the
term of this Agreement, Commercial General Liability Insurance with minimum limits, including under any General Liability Umbrella
Policies, of not less than $2,000,000 combined single limit for bodily injury and property damage. Distributor shall use commercially
reasonable efforts to provide Manufacturer with thirty (30) calendar days’ prior written notice of any change or cancellation
in any applicable insurance policies.

7.                 
WARRANTY; RECALL.

A.               
Warranty. Manufacturer warrants to Distributor, for a period of one year from the date of delivery by Manufacturer to
the intended recipient thereof, that any Products delivered by Manufacturer pursuant to this Agreement shall conform in all material
respects to Manufacturer’s written specifications for such Products, a copy of which is attached hereto as Exhibit B,
and shall be free of defects in materials and workmanship. Manufacturer further warrants to Distributor that it has title to the
Products to be conveyed hereunder and has the right to sell the same and that at the time of delivery, such Products shall be free
of any security interest or other lien or any other encumbrances whatsoever (the warranties provided in the preceding two sentences
being hereinafter referred to as the “Limited Warranty”). Except for the Limited Warranty, Manufacturer makes
no warranties or representations to Distributor or any other person with respect to the Products or any services provided to Distributor
or any other person. Manufacturer may not change any of the terms of the Limited Warranty at any time, without written consent
from Distributor unless Manufacturer notifies Distributor in writing at least one hundred and twenty (120) calendar days prior
to any such change. Any such change shall not apply to any Products sold to or ordered by Distributor prior to the change. Distributor
will not alter the Limited Warranty, warranty disclaimers and limitation of liability without the prior written authorization of
Manufacturer, nor extend or make any additional warranty or representation regarding the Products unless expressly authorized by
Manufacturer.

THE LIMITED WARRANTY REFERRED TO IN
THIS SECTION IS THE ONLY WARRANTY, EXPRESS OR IMPLIED, THAT MANUFACTURER MAKES WITH RESPECT TO THE PRODUCTS. MANUFACTURER SPECIFICALLY
DISCLAIMS ALL OTHER IMPLIED WARRANTIES INCLUDING, WITHOUT LIMITATION, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A
PARTICULAR PURPOSE AND NON-INFRINGEMENT.

B.                
Warranty Claims. The Limited Warranty is effective only if Distributor gives prompt written notice to Manufacturer of
any alleged breach of the Limited Warranty, which notice shall specifically describe the problem and shall state the date of sale
and name and location of the recipient of the Product originally shipped by Manufacturer. Notwithstanding anything to the contrary
contained herein, Manufacturer shall have no obligation under the Limited Warranty unless it receives such notice within thirty
(30) days following the expiration of the warranty period. In the event of any breach of the Limited Warranty Manufacturer’s
sole obligation is to replace each non-conforming Product within a reasonable period of time and to pay for the costs of shipment
to the original recipient of the Product or as otherwise specified by Distributor.

 

C.               
Recall. In the event that: (i) any applicable federal, state or foreign regulatory authority should issue a request,
directive or order that a Product be recalled; (ii) a court of competent jurisdiction orders such a recall or; (iii) Manufacturer
determines that the Product represents a risk of injury or customer deception or is otherwise defective and that the recall of
a Product is appropriate (“Recall”), Manufacturer shall have sole right and responsibility for implementing
the Recall. Distributor will provide cooperation and assistance to Manufacturer in connection therewith, as may be reasonably requested
by Manufacturer. Manufacturer shall be solely responsible for all expenses affecting such Recall (including any reasonable out-of-pocket
expenses incurred by Distributor in connection with such cooperation, as directed in writing by Manufacturer).

 

		8.	INDEMNIFICATION.

A.               
Indemnity Obligations for Intellectual Property Infringement. Manufacturer agrees to defend, indemnify and hold harmless
Distributor from and against any and all claims, losses, damages, suits, expenses (including reasonable attorneys’ fees)
and costs (collectively “Claims”) brought or alleged by a third party that the Manufacturer IP or any Products
sold to Distributor infringe any U.S. patent, trademark or copyright. Distributor shall reasonably cooperate with Manufacturer,
its insurance company and its legal counsel in its defense of such Claims. If the use or sale of any Products furnished under this
Agreement is enjoined as a result of a Claim, Manufacturer shall either obtain on behalf of the Distributor the right to continue
to use or sell such Products, substitute an equivalent product reasonably acceptable to Distributor in its place, or reimburse
Distributor the purchase price of the Products, costs incurred by Distributor as a result of such cancellation, and any and all
losses or costs incurred as a result of Distributor’s breach of any purchaser order or other agreement with its customers.
Notwithstanding the foregoing, this indemnity shall not apply or cover any Claims based upon any infringement or alleged infringement
of any patent, trademark or copyright resulting from the alteration or unauthorized (by Manufacturer) use of any Manufacturer IP
or Products by Distributor or a Distributor representative or the combination of any Products with any other products or the combination
of any Manufacturer IP with any other mark, if such infringement claim would have been avoided but for such alteration, combination
or unauthorized use by Distributor or any Distributor representative. Distributor shall also have the right to participate in the
defense of any such action and have the right to hire its own legal counsel at Distributor’s expense. This indemnity shall
not cover any Claims in which Distributor fails to provide Manufacturer with prompt written notice of the Claim which lack of notice
materially prejudices the defense of the Claim.

B.                
Distributor agrees to defend, indemnify and hold harmless Manufacturer from and against any and all Claims brought or
alleged by a third party based upon any infringement or alleged infringement of any patent, trademark or copyright resulting from
the alteration or unauthorized (by Manufacturer) use of any Manufacturer IP or Products by Distributor or a Distributor representative
or the combination of any Products with any other products or the combination of any Manufacturer IP with any other mark, if such
infringement claim would have been avoided but for such alteration, combination or unauthorized use by Distributor or any Distributor
representative. Manufacturer shall reasonably cooperate with Distributor, its insurance company and its legal counsel in its defense
of such Claims. Manufacturer shall also have the right to participate in the defense of any such action and have the right to hire
its own legal counsel at Distributor’s expense. This indemnity shall not cover any Claims in which Manufacturer fails to
provide Distributor with prompt written notice of the Claim which lack of notice materially prejudices the defense of the Claim.

C.               
Manufacturer’s Additional Indemnity Obligations. Notwithstanding anything herein to the contrary, in addition
to all other rights and remedies available at law or in equity, Manufacturer hereby agrees to defend, indemnify and hold harmless
Distributor from and against any and all third party Claims (i) arising out of any defects in any Products existing at the time
such Products are sold by Manufacturer to Distributor, or (ii) arising out of the negligent acts or omissions or willful misconduct
of Manufacturer, its employees, agents or representatives with respect to the Products or its performance of this Agreement. Distributor
shall reasonably cooperate with Manufacturer, its insurance company and its legal counsel in its defense of such Claims. Distributor
shall also have the right to participate in the defense of any such action and have the right to hire its own legal counsel at
Distributor’s expense. This indemnity shall not cover any Claims in which Distributor fails to provide Manufacturer with
prompt written notice of the Claim which lack of notice materially prejudices the defense of the Claim.

D.               
Distributor’s Indemnity Obligations to Manufacturer. Distributor hereby agrees to defend, indemnify and hold harmless
Manufacturer, its affiliates and their respective officers directors, employees and agents from and against any and all Claims
(i) arising out of the negligent acts or omissions or willful misconduct of Distributor, its employees, agents or representatives
with respect to its performance of this Agreement, sale of Products, or otherwise, (ii) arising out of the alteration or modification
of the Products or Manufacturer IP by Distributor or its employees, agents or representatives, or (iii) alleging that the Distributor’s
Marks infringe or otherwise violate the intellectual property rights of a third party. This indemnity shall not cover any Claims
in which Manufacturer fails to provide Distributor with prompt written notice which lack of notice prejudices the defense of the
Claim. Manufacturer shall also have the right to participate in the defense of any such action and have the right to hire its own
legal counsel at Manufacturer’s expense.

E.                
Settlement of Claims. In no event shall a party seeking or entitled to indemnification from a Party hereunder settle,
compromise, agree to a judgment or take any similar action with respect to any Claim without the written consent of the Party from
whom indemnification is sought.

9.                 
LIMITATION OF LIABILITY.

EXCEPT FOR THE PARTIES’ INDEMNIFICATION
OBLIGATIONS UNDER SECTION 8 OF THIS AGREEMENT AND CONFIDENTIALITY OBLIGATIONS UNDER SECTION 5 OF THIS AGREEMENT, IN NO EVENT SHALL
EITHER PARTY BY LIABLE UNDER THIS AGREEMENT TO THE OTHER PARTY FOR ANY INCIDENTAL, CONSEQUENTIAL, INDIRECT, STATUTORY, SPECIAL,
OR PUNITIVE DAMAGES, INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, LOSS OF USE, LOSS OF TIME, INCONVENIENCE, LOSS BUSINESS OPPORTUNITIES,
DAMAGE TO GOOD WILL OR REPUTATION, OR LOSS OF DATA, REGARDLESS OF WHETHER SUCH LIABILITY IS BASED ON BREACH OF CONTRACT, TORT,
STRICT LIABILITY OR OTHERWISE, AND EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR SUCH DAMAGES COULD HAVE BEEN REASONABLY
FORESEEN.

10.             
TERM. This Agreement shall commence on the Effective Date and shall end on the first anniversary of the Effective Date
(the “Initial Term”) unless earlier terminated pursuant to Section 11 hereof. The Initial Term shall automatically
renew for successive renewal terms of one (1) year each (each, a “Renewal Term”), unless either Party provides
the other Party with written notice of its intention not to renew the Initial Term or any Renewal Term, as applicable, at least
sixty (60) days prior to the expiration of the then current Initial Term or Renewal Term.

11.             
TERMINATION.

A.               
Termination for Breach. Either Party may terminate this Agreement at any time in the event of a material breach by the
other Party that remains uncured after thirty (30) calendar days following written notice thereof. Such termination shall be effective
immediately and automatically upon the expiration of the applicable notice period, without further notice or action by either Party.
Termination shall be in addition to any other remedies that may be available to the non-breaching Party.

B.                
Termination for Financial Insecurity. Either Party may terminate this Agreement and any outstanding Purchase Orders
(to the extent Products have not already been delivered to the carrier for shipment) immediately at its option upon written notice
if the other Party: (i) becomes or is declared insolvent or bankrupt; (ii) is the subject of a voluntary or involuntary bankruptcy
or other proceeding related to its liquidation or solvency, which proceeding is not dismissed within sixty (60) calendar days after
its filing; (iii) ceases to do business in the normal course; or (iv) makes an assignment for the benefit of creditors. This Agreement
shall terminate immediately and automatically upon any determination by a court of competent jurisdiction that either Party is
excused or prohibited from performing in full all obligations hereunder, including, without limitation, rejection of this Agreement
pursuant to 11 U.S.C. §365.

C.               
Termination for Failure to Meet Minimum Purchase Commitments. Manufacturer may terminate this Agreement at any time
upon written notice to Distributor if Distributor fails to satisfy the Minimum Purchase Threshold for any applicable period as
set forth on Exhibit C attached hereto and incorporated herein by reference. At Manufacturer’s option, Manufacturer
may elect to suspend a decision to terminate this Agreement as permitted under this Section 11.C. for an indefinite period, but
may, in the meantime upon written notice to Distributor, terminate Distributor’s exclusive rights under Section 1.A. above.

D.               
Obligations upon Termination. Upon termination of this Agreement, Distributor shall cease to be an authorized reseller
of the Products and (i) all unaccepted Purchase Orders may be cancelled by Distributor or Manufacturer without liability, and (ii)
Distributor may, at its option, resell and deliver to Manufacturer, free and clear of all liens and encumbrances, any or all Products
that (A) are subject to Purchase Orders accepted by Manufacturer whether or not the applicable Products have been shipped as of
the date of termination and (B) were manufactured, shipped or received as of the date of termination, in each case that are in
new condition and in the original factory packaging at the original purchase price of any such Products that Distributor elects
to resell to Manufacturer less a restocking charge of 50% of such amount payable by Manufacturer upon receipt of such Products.
Restocking is waived in the event the Manufacturer terminates Distributor, other than if termination is a Termination for Breach
as outlined in 11.A.. Within ninety (90) calendar days of termination of this Agreement, Distributor shall remove and not thereafter
use any sign, display, or other advertising or marketing means containing Manufacturer Marks, except as provided in this section.
Distributor may continue to use in-store materials containing the Manufacturer’s IP as reasonably required for the resale
of the Products which may be remaining in Distributor’s possession after termination, which materials Distributor may continue
to utilize until all remaining Products have been sold or one hundred eighty (180) calendar days after termination, whichever comes
first, after which Distributor shall cease the use of any such Manufacturer IP.

12.             
COMPLIANCE WITH LAWS. Distributor acknowledges and understands that the Products may be subject to restrictions upon
export from the United States and upon resale after export. Distributor therefore represents and warrants that it shall comply
fully with all relevant regulations of the U.S. Department of Commerce, with the U.S. Export Administration Act, and with any other
import and/or export control laws or regulations of the United States or any other jurisdiction.

13.             
GENERAL TERMS.

A.               
Independent Contractors. Nothing in this Agreement, and no course of dealing between the Parties, shall be construed
to create or imply an employment or agency relationship or a partnership or joint venture relationship between the Parties or between
one Party and the other Party’s employees or agents. Neither Manufacturer nor Distributor has the authority to bind the other,
to incur any liability or otherwise act on behalf of the other. Each Party shall be solely responsible for payment of its employees’
salaries (including withholding of income taxes and social security), workers compensation, and all other employment benefits.

B.                
Assignment. Neither this Agreement, nor any right or interest herein, may be assigned, in whole or in part, without
the express written consent of the other Party. Any assignment without such consent shall be null and void. Notwithstanding the
foregoing, the Distributor may subcontract its rights or obligations under this Agreement with the prior written consent of Manufacturer.
Either party may assign this Agreement if the assignment is carried out as part of a merger, restructuring, or reorganization,
or sale or transfer of all or substantially all of a Party’s assets. This Agreement shall be binding upon and inure to the
benefit of the Parties hereto, their successors and legal representatives. Except as set forth in Section 8, there are no third-party
beneficiaries to this Agreement.

C.               
Notices. Unless otherwise agreed to by the Parties, all notices shall be deemed effective when received and made in
writing by either (i) certified mail, return receipt requested, (ii) nationally recognized overnight courier, or (iii) fax with
confirmation, addressed to the party to be notified at the following address or to such other address as such Party shall specify
by like notice hereunder:

If to Manufacturer:

BIDI VAPOR, LLC

4460 OLD DIXIE HWY

GRANT-VALKARIE, FL 32949

		Attn:	BIDI VAPOR - CORPORATE

		Email:	ADMIN@BIDIVAPOR.COM

		Fax:	833-367-2434

 

If to Distributor:

Kaival Brands Innovations Group, Inc.

401 N. WICKHAM RD.

MELBOURNE, FL 32935 

		Attn:	KAVL - CORPORATE

		Email:	ADMIN@KAIVALBRANDS.COM

		Fax:	833-452-4825

 

(with a copy to, which does not serve
as notice):

 

Baker & Hostetler LLP

200 S. ORANGE AVE., STE 2300

ORLANDO, FL 32801

Attn: ALISSA LUGO & KEITH DURKIN

Email: alugo@bakerlaw.com

kdurkin@bakerlaw.com

Fax: 407-841-0168

 

Either Party, by written notice to the other pursuant to
this section, may change its address or designees for receiving such notices.

D.               
Force Majeure. Neither Party shall liable hereunder for any failure or delay in the performance of its obligations under
this Agreement if such failure or delay is on account of causes beyond its control, including labor disputes, civil commotion,
war, fires, floods, inclement weather, governmental regulations or controls, casualty, government authority, strikes, or acts of
God, in which event the non-performing party shall be excused from its obligations for the period of the delay and for a reasonable
time thereafter. Each Party shall use reasonable efforts to notify the other Party of the occurrence of such an event within three
(3) business days of its occurrence.

E.                
Governing Law; Venue; Jury Waiver. This Agreement shall be governed by the laws of the State of Florida, without giving
effect to the principles of conflicts of law of such state and shall be binding upon the Parties hereto in the United States and
worldwide. Any claims or legal actions by one Party against the other arising under this Agreement or concerning any rights under
this Agreement shall be commenced and maintained in any state or federal court located in Orange County, Florida. Both Parties
hereby submit to the jurisdiction and venue of any such court. THE PARTIES FURTHER AGREE, TO THE EXTENT PERMITTED BY APPLICABLE
LAW, TO WAIVE ANY RIGHT TO TRIAL BY JURY WITH RESPECT TO ANY CLAIM, COUNTERCLAIM OR ACTION ARISING FROM THE TERMS OF THIS AGREEMENT.

F.                
Attorney’s Fees. If either Party incurs any legal fees associated with the enforcement of this Agreement or any
rights under this Agreement, the prevailing Party shall be entitled to recover its reasonable attorney’s fees and any court,
arbitration, mediation, or other litigation expenses from the other Party.

G.               
Survival. The provisions of this Agreement which by their sense and context should survive any termination of expiration
of this Agreement, including without limitation sections 5 (confidentiality), 7 (warranty), 8 (indemnification), 9 (limitation
of liability), 12 (compliance with laws) and 13 (general terms) shall so survive.

H.               
Authorized Signatories. It is agreed and warranted by the Parties that the individuals singing this Agreement on behalf
of the respective Parties are authorized to execute such an agreement. No further proof of authorization shall be required.

I.                  
Severability. If any provision or portion of this Agreement shall be held by a court of competent jurisdiction to be
illegal, invalid, or unenforceable, the remaining provisions or portions shall remain in full force and effect.

J.                 
No Strict Construction. This Agreement shall not be construed more strongly against either party regardless of which
party is more responsible for its preparation.

K.               
Counterparts. This Agreement may be executed by facsimile and in one or more counterparts, each of which will be deemed
to be an original, but all of which together will constitute one and the same instrument, without necessity of production of the
others.

L.                
Entire Agreement; Modification; Waiver. This Agreement is the entire agreement between the Parties with respect to the
subject matter and supersedes any prior agreement or communications between the Parties hereto, whether written or oral. This Agreement
may be modified only by a written amendment signed by authorized representatives of both Parties. No waiver of any term or right
in this Agreement shall be effective unless in writing, signed by an authorized representative of the waiving Party. The failure
of either Party to enforce any provision of this Agreement shall not be construed as a waiver or modification of such provision,
or impairment of its right to enforce such provision thereafter.

 

[SIGNATURES ON FOLLOWING PAGE]

    	 

    	 

    

 

IN WITNESS WHEREOF, the parties hereto
have caused this Distribution Agreement to be duly executed by their duly authorized representatives as of the Effective Date.

MANUFACTURER

 

BIDI VAPOR, LLC

 

By: /s/ Nirajkumar
Patel

Name: Nirajkumar
Patel

Title: Manager

 

DISTRIBUTOR

 

KAIVAL BRANDS INNOVATIONS
GROUP, INC.

 

By: /s/ Eric Mosser

Name: Eric Mosser

Title: Chief Operating
Officer

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