Document:

EX-10.21

 EXHIBIT 10.21 

DATED MARCH 4, 2020 

PROVISION OF SERVICES AGREEMENT 

between 
 ECOMBUSTIBLE
PRODUCTS HOLDINGS LLC 
 and 

GAS CLEANING TECHNOLOGIES LLC 

 CONTENTS 

 
 CLAUSE 

 

							
	 1.
	 	DEFINITIONS AND INTERPRETATION	  	 	1	 
			
	 2.
	 	DURATION AND EXCLUSIVITY	  	 	3	 
			
	 3.
	 	DEFINITION OF WORKS TO BE PERFORMED BY GCT AND ESTIMATION OF WORKING HOURS.	  	 	4	 
			
	 4.
	 	PRICE AND PAYMENT FOR RENDERED SERVICES	  	 	4	 
			
	 5.
	 	SIGNING COMPENSATION	  	 	5	 
			
	 6.
	 	BUSINESS DEVELOPMENT	  	 	6	 
			
	 7.
	 	GCT’S UNDERTAKINGS	  	 	6	 
			
	 8.
	 	ECOMBUSTIBLE’S UNDERTAKINGS	  	 	7	 
			
	 9.
	 	CONFIDENTIALITY	  	 	8	 
			
	 10.
	 	INTELLECTUAL PROPERTY	  	 	9	 
			
	 11.
	 	INDEMNITIES	  	 	9	 
			
	 12.
	 	TERMINATION	  	 	10	 
			
	 13.
	 	EFFECTS OF TERMINATION	  	 	10	 
			
	 14.
	 	LIABILITY, INSURANCE & INDEMNITY	  	 	11	 
			
	 15.
	 	FORCE MAJEURE	  	 	12	 
			
	 16.
	 	RECORDS AND AUDIT	  	 	13	 
			
	 17.
	 	COMPLIANCE; ANTI-CORRUPTION	  	 	13	 
			
	 18.
	 	ENTIRE AGREEMENT	  	 	15	 
			
	 19.
	 	AMENDMENTS	  	 	15	 
			
	 20.
	 	ASSIGNMENT	  	 	15	 
			
	 21.
	 	FREEDOM TO CONTRACT	  	 	15	 
			
	 22.
	 	WAIVER	  	 	16	 
			
	 23.
	 	SEVERABILITY	  	 	16	 
			
	 24.
	 	NOTICES	  	 	16	 
			
	 25.
	 	GOVERNING LAW & DISPUTE RESOLUTION	  	 	16	 

  

 THIS AGREEMENT is dated March 4, 2020 

PARTIES 
  

	 	(1)	 ECOMBUSTIBLE PRODUCTS HOLDINGS LLC, a company incorporated and registered in Delaware (USA) with
registered address at 16901 Collins Avenue, STE, Sunny Isles, Florida, United States of America (hereinafter, “eCOMBUSTIBLE”). 

  

	 	(2)	 GAS CLEANING TECHNOLOGIES LLC, a company incorporated and registered in Irving, Texas United States of
America (hereinafter, “GCT”). 

 (collectively, eCOMBUSTIBLE and GCT may be referred to as the “Parties”
or each as “the Party”) 
 BACKGROUND 
  

	 	A.	 eCOMBUSTIBLE holds the patented proprietary technology to produce a hydrogen based fuel from water.

  

	 	B.	 GCT provides specialized engineering and multi-disciplinary services
for gas handling system projects covering a wide range of processes, both ferrous and non-ferrous. 

  

	 	C.	 eCOMBUSTIBLE wishes to hire GCT’s services on a global basis, that will entail: 

 

	 	1.	 Engineering services needed for the effective implementation of eCOMBUSTIBLE in heat and power generation
projects, among others. For the sake of clarity, this would entail services from the outset of a project through successful commissioning of a project. 

  

	 	2.	 Testing services of eCOMBUSTIBLE’s modules. 

 

	 	3.	 Development services for the use of eCOMBUSTIBLE gas in new industrial applications (i.e. steel, cement,
metallurgical, power plant, etc.). 

 AGREED TERMS 
  

	1.	 DEFINITIONS AND INTERPRETATION 

 

	1.1	 The definitions and rules of interpretation in this clause apply in this Agreement. 

Commencement Date: the date of this Agreement. 

Confidential Information: information of a confidential nature (including trade secrets and information of commercial value) known to
the Parties and concerning the Parties and communicated by a Party to the other. 
 Customer: client that wishes to use eCOMBUSTIBLE
and signs a contract for the supply of the eCOMBUSTIBLE or any of its applications. 

  
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 Development Services: services provided by GCT to eCOMBUSTIBLE that entail works
directed to increase the technological maturity of an application of eCOMBUSTIBLE gas to a specific industry. These services will include engineering designs, research, testing, potential prototypes, and pilot plant trials, amongst others.
Development Services may include the introduction of third-party vendors, research facilities, and other parties necessary in the development of any particular application. Development Services will focus on
developing and improving the technical certainty, or the mitigation of risks, for the application of the eCOMBUSTIBLE product and its integration to diverse industrial applications. As means of example, the described works may consist of the
application and development of eCOMBUSTIBLE i) into the steel industry, ii) in large scale kilns for the cement industry, and iii) as fuel for large turbines in electric power generation. 

Energy: the hydrogen fuel produced using the proprietary Intellectual Property of eCOMBUSTIBLE for the production of electricity, heat
or any other secondary commercial application using the hydrogen fuel as a primary source of energy. 
 Engineering Services: services
provided by GCT to eCOMBUSTIBLE in relation to each specific project that will include concept engineering, basic engineering, detailed engineering (if applicable), procurement and contract management, and commissioning support. The described
services will need to be drafted in a document including the scope of work and approved in writing by eCOMBUSTIBLE prior to initiation of the Engineering Services. 

Gas Billing Date: the Date on which eCOMBUSTIBLE issues the monthly invoice to a Customer for the eCOMBUSTIBLE provided. 

Group Company: an entity which is a direct or indirect subsidiary of an entity or which is a direct or indirect subsidiary of any
holding company of an entity. 
 Hourly Cost: a weighted average of the hourly cost foreseen for each skill needed when providing the
Services. This Hourly Cost is expected to reflect the total cost to GCT for pooling these specialized skills to service each specific Project without any mark-ups. As reference the initial mutually agreed
hourly cost shall be $95 per hour as referenced in section 4.2 of this Agreement. 
 Hours Estimated: number of total hours estimated
by GCT and approved by eCOMBUSTIBLE to complete the scope of a particular Project that will be facilitated to eCOMBUSTIBLE prior to the initialization of the requested Services. This estimate will be the basis for the invoiced costs of the provided
Services, and therefore will define an approximation to a fixed price for the Services provided by GCT. 
 Intellectual Property: any
patent, copyright, registered design, unregistered design right, trademark or other industrial or intellectual property owned or used by eCOMBUSTIBLE relating to the production of its fuel or any by-product
together with any current applications for any registrable items of the foregoing. 
 Initial Term: five (5) years upon the full
execution by both Parties of this Agreement. 
 Phase: Testing Services, Engineering Services and Development Services will generally
entail the subdivision of the services to be provided in stages. In these cases, the existence of a second, third or ulterior phase will depend on the fulfilment of the previous phase. 

  
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 Plant: any plant or equipment which produces or is intended to produce eCOMBUSTIBLE.

 Price: defined as it appears in clause 4. 

Project: any project in the Territory undertaken for a customer where a Plant will be built, and eCOMBUSTIBLE will be produced and sold
pursuant to a customer contract. 
 Services: works to be provided by GCT during the Initial Term of this Agreement in the Territory.
The Services may consist on Development Services, Engineering Services and/or Testing Services. 
 Territory: Worldwide. 

Testing Services: services provided by GCT to eCOMBUSTIBLE for a defined purpose, with clear deliverables and approved by eCOMBUSTIBLE
prior to commencement of the described Services. These Testing Services may include, but are not limited to, the characterisation and implementation of the eCOMBUSTIBLE gas, the characterisation of flame, the implementation of eCOMBUSTIBLE
boilers/burners, gas dedicated engines for power generation and turbines, the validation of the mass and energy balances of the eCOMBUSTIBLE process and the certification of these tests by a third-party
accredited entity. 
  

	1.1.1	 References to clauses, schedules, and exhibits are to the clauses of and schedules and exhibits to this
Agreement. 

  

	1.1.2	 Headings are for convenience only and shall be ignored in interpreting this Agreement. 

 

	2.	 DURATION AND EXCLUSIVITY 

 

	2.1	 This Agreement shall come into effect on the Commencement Date and shall be in full force and effect for the
Initial Term, where after in the absence of any agreement to continue this Agreement beyond the Initial Term (subject to any agreed amendments) then this Agreement shall terminate subject to the provisions of clause 13. 

 

	2.2	 eCOMBUSTIBLE shall not, during the Initial Term appoint any other company that is a direct competitor to GCT to
provide any of the Services facilitated by GCT in the Territory. However if GCT for any reason cannot or will not perform or continue to perform and provide any service to eCOMBUSTIBLE, eCOMBUSTIBLE, at its sole discretion, has the right to engage
any other company to perform and provide said service. eCOMBUSTIBLE shall notify GCT in writing of any concerns that might result in engaging an alternative company to perform said work. GCT shall have 30 days from receipt of a notice from
eCOMBUSTIBLE to address the concerns prior to eCOMBUSTIBLE contracting the other company. 

  

	2.3	 This Agreement will be reviewed annually in order to assess its feasibility. Any amendments must be requested
no later than thirty (30) calendar days before the fulfilment of each year of the Agreement and must be agreed between the Parties. 

  

	2.4	 In the event that eCOMBUSTIBLE is acquired by another company during the Initial Term, eCOMBUSTIBLE shall use
commercially reasonable efforts to ensure that GCT remains the exclusive engineering services provider (consistent with the types of services it had provided to eCOMBUSTIBLE prior to the acquisition) to the acquiring company for eCOMBUSTIBLE fuel
projects under the terms of this Agreement for a minimum period of twelve (12) months from the acquisition date or until the end of the Initial Term, which occurs first. 

  
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	2.5	 At the time of the execution of this Agreement by both Parties, several services were previously provided by
GCT to eCOMBUSTIBLE (specifically, the BHP Spence Project and Dallas Testing facility). The specific price and payment dates due for these services are reflected in Exhibit A. 

 

	3.	 DEFINITION OF WORKS TO BE PERFORMED BY GCT AND ESTIMATION OF WORKING HOURS. 

 

	3.1	 The defined Services will be provided by GCT to eCOMBUSTIBLE according to a general framework herein described
that will be individualized for each specific project, and approved in writing by both Parties prior to the initialization of the required Services. Each project will require, including but not limited to, the following steps: 

 

	a.	 The Parties will agree in writing on the scope of each project and will specify and list the Services needed in
order for the project to be fulfilled. 

  

	b.	 Once the scope is defined and a detailed list of duties is drafted and agreed in writing by both Parties, GCT
will provide eCOMBUSTIBLE, within five (5) business days, with an estimate of working hours per project or, if required, by Phase of the project. 

  

	c.	 Once the estimate of working hours is provided by GCT to eCOMBUSTIBLE, the final approved estimate shall be
mutually agreed by both Parties in writing. 

  

	d.	 This estimate will be the basis for the invoiced total cost of the provided Services for each specific project.

  

	e.	 GCT must keep a physical record of the hours effectively worked by its employees on each Project. This record
will be sent quarterly to eCOMBUSTIBLE. eCOMBUSTIBLE will have access at all times to said historical records. The Parties agree that the Hours Estimated will have a fully disclosed, built-in contingency.
However, any unused hours included in the contingency will not be billed. 

  

	4.	 PRICE AND PAYMENT FOR RENDERED SERVICES 

 

	4.1	 The price to be paid for GCT’s Services will be determined by the cost of each actual Hour worked by
GCT’s engineers and/or other employees that will perform the requested Services. The Hourly Cost will be based on a full cost basis for GCT. Therefore, each invoice issued by GCT will include an amount determined by the number of Hours
effectively worked at The Hourly Cost rate. 

  

	4.2	 The Parties agree that as eCOMBUSTIBLE and GCT develop more projects, previously developed work will likely
create economies of scale and efficiencies that should have the effect of lowering the cost of services on a per project basis. The initial agreed Hourly Cost is a fixed US$95 per hour. The Hourly Cost will be audited and adjusted accordingly on a
yearly basis. 

  
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	4.3	 GCT will invoice eCOMBUSTIBLE on a quarterly basis. However, the payments to GCT will be deferred and will be
due ten (10) calendar days after eCOMBUSTIBLE is paid in full for each issued invoice starting on the corresponding Gas Billing Date of each particular project. A maximum of twelve (12) monthly instalments shall be the period of time to
distribute the payment of CGT’s deferred invoices on a project- by-project basis. However, in the event of delays in a project’s completion through no fault of
GCT (to be mutually agreed between GCT and eCOMBUSTIBLE), the full invoiced amount for the Project shall be paid to GCT no later than twenty four (24) months from the Contract Start Date. In the event that the project is cancelled, GCT shall
issue a final invoice and shall be paid the full invoiced amount for the Project within thirty (30) days after the project cancellation date. 

  

	4.4	 After five (5) new consecutive projects, eCOMBUSTIBLE and GCT may, through mutual agreement, exercise the
option to use GCT’s engineering services in a regular client-vendor fashion, and pay invoices on a milestone basis and at a market rate not to exceed $130 per hour on a project-by-project basis. In the event this option is exercised, the clause 6.2 in this Agreement will not be applicable for that project. 

 

	4.5	 Late payments. In the event that invoice payments are not paid on time per Section 4.3, a late payment
interest cost of 1% per month shall be applied to the outstanding invoice balance. 

  

	4.6	 Taxes. GCT shall charge eCOMBUSTIBLE for any applicable sales taxes (“Tax”) that eCOMBUSTIBLE
is required to pay by law on account of GCT’s provision of services. 

  

	5.	 SIGNING COMPENSATION 

 

	5.1	 Upon the full execution of this Agreement by both Parties, GCT will be entitled to an award of a 2.5% equity
stake of eCOMBUSTIBLE via its “B shares”. The consideration for this award is the successful and in-full execution and implementation of the BHP Spence project and the successful and full completion
of the Testing Services in this agreement as specified in Exhibit B. However, if the completion of the Spence project and/or the Testing Services are delayed beyond April 30, 2021 through no fault of GCT (to be mutually agreed between the
parties), the actual transfer shall occur no later than April 30, 2021. In the event the transfer occurs prior to completion of the Spence project or Testing Services in Exhibit B, and the work is not completed by GCT at a later date when
requested, eCOMBUSTIBLE reserves the right to call back the transferred “B shares” within 30 days of the written request by eCOMBUSTIBLE. 

  

	5.2	 In the event that eCOMBUSTIBLE is acquired by or merged with another company prior to April 30, 2021, GCT
will be entitled to the 3% equity stake to be in effect at the time of the merger or acquisition. In such an acquisition, GCT shall receive a minimum of three million dollars ($3,000,000), and such amount shall also include any amounts related to
unpaid Testing Services performed at the rate of $95/hour prior to the acquisition. 

  

	5.3	 The engineering that GCT will contribute to complete the Testing Services and that are a fundamental part of
the consideration described in section 5.1 of this Agreement are estimated to be approximately 32,000 hours. 

  

	5.4	 The actual equity transfer shall occur no later than forty five (45) calendar days after the terms of the
consideration in section 5.1 have been fully met. 

  
 5 

	6.	 BUSINESS DEVELOPMENT 

 

	6.1	 GCT’s participation in eCOMBUSTIBLE’s business development, as a result of introducing and bringing
new clients, will be equal to five percent (5.0%) of the Net Margin resulting from each one of those projects for the duration of the contract, including any extensions. Such 5% shall be paid to GCT per the agreement between GCT and Geard, dated
October 15, 2019. Net Margin is equal to a projects’ sales price minus electricity cost minus water cost minus operational costs minus financing cost. 

 

	6.2	 In exchange for deferring costs related to engineering services provided to eCOMBUSTIBLE, GCT’s
participation in all other new projects will be equal to 7.5% of the Net Margin resulting from each of the first two projects and 6.0% for each of the following projects, for a total period of 24 months from the Gas Billing Date. Net Margin is equal
to a projects’ sales price minus electricity cost minus water cost minus operational costs minus financing cost. 

  

	6.3	 eCOMBUSTIBLE and GCT shall jointly develop an initial forecast for all costs for each project that GCT will
participate in. 

  

	6.4	 eCOMBUSTIBLE shall provide to GCT quarterly reports indicating the actual revenue, costs, and Net Margin for
each project that GCT participates in. 

  

	7.	 GCT’S UNDERTAKINGS 

GCT undertakes and agrees with eCOMBUSTIBLE at all times during the term of this Agreement: 

 

	7.1	 To act towards eCOMBUSTIBLE conscientiously and in good faith and not to allow its interests to conflict with
the duties that it owes to eCOMBUSTIBLE under this Agreement and the general law. Except to notify the third party of a conflict of interest, during the Term of this Agreement, GCT and its related parties shall also not hold any discussions with,
provide any information or respond to, any inquiry made by any third party concerning an action or transaction that constitutes a conflict of interest or cooperate in any way with, agree to, assist or participate in, solicit, consider, entertain, or
facilitate an action or transaction that constitutes a conflict of interest. 

  

	7.2	 Not to participate, directly or indirectly during the Term of this Agreement, in the development, manufacture
or sale of any goods or services which directly competes with eCOMBUSTIBLE’s business. 

  

	7.3	 To act in accordance with sound commercial principles in its relations with eCOMBUSTIBLE’s customers and
potential customers in the Territory, and to do nothing which could be prejudicial to eCOMBUSTIBLE’s goodwill or commercial interests. 

  

	7.4	 Not to enter into any contract or agreement for and on behalf of eCOMBUSTIBLE or pledge the credit of
eCOMBUSTIBLE or incur any liabilities in the name of eCOMBUSTIBLE. 

  

	7.5	 To maintain at its own expense office premises as may be necessary for the effective performance of its duties
under this Agreement. 

  
 6 

	7.6	 To employ or engage at its own expense a sufficient number of suitably qualified personnel to ensure the proper
fulfilment of GCT’s obligations under this Agreement, provided that eCOMBUSTIBLE’S work execution planning is duly communicated to GCT within a reasonable amount of time before the commencement of the work. GCT shall, wherever possible,
ensure that such personnel are not removed from a project without written approval from eCOMBUSTIBLE. 

  

	7.7	 To provide a sufficient number of engineers and/or other employees needed to perform the technical visits to
potential or actual Customers’ plants when duly requested by eCOMBUSTIBLE, provided that such requests are made within a reasonable amount of time before the scheduling of such visits. eCOMBUSTIBLE will pay the incurred travel expenses of
GCT’s employees. Such travel expenses by GCT’s employees will be invoiced at cost to eCOMBUSTIBLE upon completion of travel with payment terms NET 15. However, the technical reports will not be invoiced to eCOMBUSTIBLE.

  

	7.8	 To keep eCOMBUSTIBLE fully informed of its activities and progress concerning the requested Services and to
provide eCOMBUSTIBLE with detailed written reports on a monthly basis. As stated in clause 2.5, GCT shall send eCOMBUSTIBLE on a quarterly basis the hours effectively worked by GCT’s employees on each specific Project. 

 

	7.9	 To inform eCOMBUSTIBLE promptly of any problem concerning or relating to eCOMBUSTIBLE’s technology no
later than twenty-four (24) business days after GCT became aware of it. 

  

	7.10	 To ensure that the engagement of a subcontractor shall not relieve GCT of any of its obligations under this
Agreement. GCT shall be liable for all acts and omissions of subcontractors and their employees, agents, officers, directors, representatives and affiliates. GCT agrees to immediately replace any subcontractor performing services under this
Agreement when such subcontractor or its employees or agents are found unsatisfactory by reasonable determination of eCOMBUSTIBLE. 

  

	7.11	 To use its best efforts to preserve eCOMBUSTIBLE trademark(s) and trade name and will promptly report any
infringement to eCOMBUSTIBLE. GCT agrees that it will not acquire any interest in such trade mark(s) or trade name nor the trade mark(s) or trade name of any customer by virtue of its use of them in the performance of this Agreement and will cease
its use of such trade mark(s) and trade name(s) on the termination of this Agreement. 

  

	7.12	 To be responsible for damages occurred during the delivery and installation of the Plant that are not
attributable to manufacturing or to an assembling default of the Plant but related directly to GCT’s work. GCT ́s staff will be responsible for potential malfunctions or non-compliance of the agreed
terms that are not to be attributed to eCOMBUSTIBLE. GCT’s liability for damages shall be limited to the amount invoiced by GCT to eCOMBUSTIBLE for the affected project. 

 

	8.	 ECOMBUSTIBLE’S UNDERTAKINGS 

eCOMBUSTIBLE undertakes and agrees with GCT during the term of this Agreement: 

 

	8.1	 To act at all times in its relations with GCT dutifully and in good faith and not do anything which could be
prejudicial to GCT’s goodwill or commercial interests. 

  
 7 

	8.2	 To not enter into any contract or agreement for and on behalf of GCT or pledge the credit of GCT or incur any
liabilities in the name of GCT. 

  

	8.3	 To pay the incurred travel expenses of GCT’s engineers and/or employees that perform the required
technical visits to potential or actual eCOMBUSTIBLE Customers. 

  

	8.4	 To supply to GCT at eCOMBUSTIBLE’s own expense documentation and information and technical, market and
other support as GCT may from time to time reasonably require for the purposes of the provision of its Services. GCT shall require in writing the documentation and information needed and acknowledges that specific technical and market documentation
and information (considered as highly confidential) may not be provided to GCT. 

  

	8.5	 To be responsible for damages occurred during the delivery and installation of the Plant that are attributable
to manufacturing or to an assembling default of the Plant. As stated in clause 7.12, GCT ́s staff will be responsible for potential malfunctions or non-compliance of the agreed terms that are not to be
attributed to eCOMBUSTIBLE. 

  

	8.6	 To pay all GCT invoices in a timely manner. 

 

	9.	 CONFIDENTIALITY 

 

	9.1	 Confidential Information. To the fullest extent permitted by law, the Parties agree to hold and treat as
secret and confidential throughout the term of this Agreement any and all proprietary and confidential information disclosed by one Party (the “Disclosing Party”) to the other Party (the “Receiving Party”)
including, but not limited to, know-how, procedures, operating techniques, customer lists or identities, equipment specifications, analytical specifications, process designs, drawings, prints, technical
information and data, business, financial, pricing or other trade information (“Confidential Information”) in writing, or, if disclosed orally, confirmed in writing to be confidential, using with respect to such Confidential
Information the same standards and procedures which the Receiving Party applies to its own confidential information. 

Notwithstanding the foregoing, “Confidential Information” shall not include information which: (i) at the time of the
disclosure, is a part of the public domain; (ii) subsequently becomes a part of the public domain by publication or otherwise through no fault of the Party disclosing the information; (iii) the Receiving Party can show was contained in
writing in its possession at the time of disclosure, which information had not been wrongfully acquired, directly or indirectly, from the Disclosing Party and with respect to which no obligation of confidentiality exists; (iv) is substantially
disclosed to Receiving Party by a third party not in violation of any rights of, or obligations to, the Disclosing Party hereto; or (v) is required to be disclosed by law; provided that, for each of the foregoing exceptions, the Receiving Party
provides the Disclosing Party with written documentation evidencing the same upon request of the Disclosing Party. 
  

	9.2	 Legally required disclosure. Regardless of the aforementioned, if disclosure of any Confidential
Information of the Disclosing Party is legally required to be made by the Receiving Party in or pursuant to a judicial, administrative or governmental proceeding or order or similar proceeding or order of a
self-regulatory organization, the Receiving Party may make such disclosure but only to the extent required to comply with the law as shall be confirmed in writing by the legal counsel of the Receiving Party;
provided, however, 

  
 8 

	 	
that if required, the Receiving Party will cooperate if the Disclosing Party seeks a protective order or other legal action to resist such disclosure and shall limit such disclosure to the
minimum required. Receiving Party shall notify the Disclosing Party, in writing, of any such legally required disclosures. 

  

	10.	 INTELLECTUAL PROPERTY 

 

	10.1	 GCT acknowledges that eCOMBUSTIBLE’s rights to the Intellectual Property used on or in relation to the
production of Energy and eCOMBUSTIBLE’s business and the goodwill connected with are eCOMBUSTIBLE’s property. 

  

	10.2	 GCT agrees not to reverse any of the eCOMBUSTIBLE IP. 

 

	10.3	 eCOMBUSTIBLE shall be fully responsible to protect its Intellectual Property Rights as against third party
infringement in the Territory. GCT shall use all endeavours to cooperate on the protection of the mentioned Intellectual Property Rights. GCT shall pay for all costs arising from any infringement on eCOMBUSTIBLE’s intellectual property rights
if the infringement was caused by any employee of GCT or if the infringement can be traced back to GCT. 

  

	10.4	 eCOMBUSTIBLE grants to GCT the licence, for the duration of the Initial Term, to use eCOMBUSTIBLE’s
trademark and copyright material for the purposes of fulfilling its obligations under this Agreement. 

  

	10.5	 GCT acknowledges and agrees that its work is designated as work for hire (WFH). Any and all work performed by
GCT during this agreement shall be considered a “Work made for Hire” as defined in the U.S. Copyright laws, and shall be owned by and for the express benefit of eCOMBUSTIBLE. 

 

	11.	 INDEMNITIES 

  

	11.1	 eCOMBUSTIBLE shall indemnify GCT against any loss or liability, including attorney’s fees that:

  

	 	a.	 GCT may incur arising from a claim for defaults in the manufacturing and assembling of each Plant or damages
suffered by GCT’s employees or goods attributable to eCOMBUSTIBLE. 

  

	 	b.	 GCT may incur as a result of any breach by eCOMBUSTIBLE of any third party’s intellectual property rights
in the production of Energy. 

  

	11.2	 GCT shall within five (5) business days after it becomes aware of a matter which may result in a Relevant
Claim: 

  

	 	a.	 give notice to eCOMBUSTIBLE of the details of the matter; 

 

	 	b.	 afford access to eCOMBUSTIBLE and permit copies to be taken of any materials, records or documents as
eCOMBUSTIBLE may require to take action under clause c; 

  
 9 

	 	c.	 allow eCOMBUSTIBLE the exclusive conduct of any proceedings and take whatever action as eCOMBUSTIBLE shall
direct to defend or resist the matter, including the use of professional advisers nominated by eCOMBUSTIBLE. 

  

	 	d.	 not admit liability or settle the matter without the prior written consent of eCOMBUSTIBLE.

  

	11.3	 GCT shall indemnify eCOMBUSTIBLE against any loss or liability or damages produced due to causes attributable
to GCT or any of its employees. 

  

	12.	 TERMINATION 

  

	12.1	 Termination by GCT Notwithstanding anything herein contained, this Agreement may be terminated by GCT by
written notice to eCOMBUSTIBLE in the following circumstances: 

  

	 	a.	 In the event eCOMBUSTIBLE commits a material breach of any of its obligations hereunder and fails to remedy
such breach within forty-five (45) days following receipt of a written notice from GCT; 

  

	 	b.	 In the event eCOMBUSTIBLE becomes the subject of a bankruptcy, insolvency or similar proceedings, or makes a
general assignment for the benefit of creditors; or 

  

	 	c.	 If any legislation, regulation, or decision of a national, regional or local government or authority or of any
agency thereof are implemented, repealed or altered in such a way as to significantly prevent either Party from lawfully exercising or performing its obligations hereunder. 

 

	12.2	 Termination by eCOMBUSTIBLE. Notwithstanding anything herein contained, this Agreement may be terminated
by eCOMBUSTIBLE by written notice to GCT in the following circumstances: 

  

	 	a.	 In the event GCT commits a material breach of any of its obligations hereunder and fails to cure such breach
within forty-five (45) days following receipt of a notice from eCOMBUSTIBLE. 

  

	 	b.	 In the event GCT becomes the subject of a bankruptcy, insolvency or similar proceedings, or makes a general
assignment for the benefit of creditors; or 

  

	 	c.	 If any legislation, regulations, or decision of a Federal, State or Municipal government or of any agency
thereof are implemented, repealed or altered in such a way as to significantly prevent either Party from lawfully exercising or performing its obligations hereunder. 

 

	13.	 EFFECTS OF TERMINATION 

 

	13.1	 Termination of this Agreement, however caused, shall be without prejudice to any rights or liabilities,
including outstanding invoices, accrued at the date of termination. 

  

	13.2	 On termination of this Agreement for any reason: 

  
 10 

	 	a.	 GCT shall immediately cease to describe itself as service provider of eCOMBUSTIBLE and cease to use all
trademarks, trade names and brand names of eCOMBUSTIBLE. eCOMBUSTIBLE shall immediately cease to describe itself as client of GCT and cease to use all trademarks, trade names and brand names of GCT. 

 

	 	b.	 And, if it is the case, each Party shall return items or physical documents that belong to the other Party.

  

	13.3	 Notwithstanding termination, the provisions of Clause 10 (Intellectual Property), Clause 14 (Indemnity and
Liability), Clause 9 (Confidentiality) and Clause 25 (Governing Law and Dispute Resolution) shall subsist beyond termination of this Agreement. 

  

	13.4	 Subject as herein provided and to any rights or obligations accrued prior to termination, including the payment
of outstanding invoices, neither party shall have any further obligation to the other under this Agreement. 

  

	13.5	 On termination, GCT shall have no claim against eCOMBUSTIBLE for compensation for loss of agency rights,
goodwill or other such loss (save for the avoidance of doubt a claim for damages by reason of any antecedent breaches by eCOMBUSTIBLE of the terms of this Agreement). 

 

	13.6	 No indemnity shall be payable to any Party (the “Indemnified Party”) by the other Party (the
“Indemnifying Party”) unless the Indemnified Party has given notice in writing to the Indemnifying Party of its claim for the indemnity before the expiry of one year from the date of termination of this Agreement.

  

	13.7	 Business Relationships. The Parties acknowledge that each Party’s relationships with its employees,
customers and vendors are valuable business assets. Each Party agrees that, during the term of this Agreement and for two years thereafter, neither of the Parties shall (for itself or for any third Party) knowingly divert or attempt to divert from
the other any business, employee, customer or vendor, through solicitation or otherwise, without the prior written consent of the other Party. 

  

	13.8	 This Agreement shall not render any member of GCT an employee, partner, or joint venturer with eCOMBUSTIBLE for
any purpose. Each member of GCT is and will remain an independent contractor in his/her relationship with eCOMBUSTIBLE. Each member of GCT shall have no claim against eCOMBUSTIBLE hereunder or otherwise for vacation pay, sick leave, retirement
benefits, social security, worker’s compensation, health or disability, benefits, unemployment insurance benefits, or employee benefits of any kind. 

  

	14.	 LIABILITY, INSURANCE & INDEMNITY 

 

	14.1	 Indemnity. 

Except as otherwise provided by law, the Parties shall mutually indemnify, defend and hold harmless each other and its representatives, agents,
sureties and employees from and against any and all third-party demands, claims, suits, causes of action, losses, whether groundless or not, penalties, liabilities, judgments, settlements, damages, costs,
attorneys’ fees, and expenses of any nature, including attorneys’ fees and court costs, arising or alleged to have arisen directly or indirectly from, according to the applicable law: 

  
 11 

	 	1.	 any act or omission of the Opposite Party, its representatives, employees, agents, subcontractors, suppliers at
any tier; 

  

	 	2.	 any breach of this Agreement by the Opposite Party; 

 

	 	3.	 Other Party’s subcontractors, suppliers, representatives, agents or employees’ claims and actions; or

  

	 	4.	 infringement of any patent, copyright, trademark, trade name, brand or slogan; or 

 

	 	5.	 Other Party ́s lack of performance of this Agreement. 

but only to the extent caused by the negligence, recklessness or intentional wrongful misconduct of Other Party’s or persons employed or
utilized by it in the performance of this Agreement. 
 Each Party agrees to pay any and all costs other Party incurs enforcing the indemnity
and defence provisions set forth in this Clause 14.1. 
  

	14.2	 Insurance. Each Party shall maintain insurance as legally and commercially required. 

 

	14.3	 No Limitation of Liability. indemnity obligations under this Agreement shall not be construed to negate or
abridge or otherwise reduce any other right or obligation of indemnity which would otherwise exist. Indemnity obligations under this Agreement shall not be limited in any way by any limitation on the amount or type of damages, or compensation
payable by or for each Party. 

  

	14.4	 No Partnership. This Agreement shall not be interpreted or construed so as to create any partnership,
joint venture, or other business entity of any kind and shall not limit the ability of the Parties to carry on their individual businesses for their own benefits unrelated to this Agreement. No Party, by virtue of this Agreement, shall have any
authority to bind any other Party. 

  

	15.	 FORCE MAJEURE 

 

	15.1	 Force Majeure. Other than in respect of a payment of money due, neither Party shall have any liability to the
other for failure to perform its obligations, delay, or loss occasioned by any circumstance, event or occurrence beyond the reasonable control of the affected Party (each event a “Force Majeure”). Force Majeure events may include
any event or circumstance arising or occurring beyond the reasonable control of eCOMBUSTIBLE and GCT, which prevents it from performing its obligations under this Agreement including, but not limited to: (1) any acts of God, including, but not
limited to, lightning, earthquakes, storms, epidemics, landslides, floods, fires, explosions or washouts; (2) any acts of the enemies of the state, sabotage, wars, blockades, insurrections, riots, civil disturbances, arrests or restraints;
(3) any freezing, explosions, breakage of equipment, forced maintenance shutdown or inability to obtain materials or equipment which by the exercise of due diligence, such Party could not have prevented or is unable to overcome; or 4) any
orders of any court or government authority, which physically limit or alter the specifications of eCOMBUSTIBLE or restrain the provision of Services by GCT. 

  
 12 

	15.2	 Effect of Non-Performance. If a Party is unable to perform any
obligation in this Agreement because of Force Majeure, then the obligations of that Party shall be suspended to the extent and for the period of such Force Majeure condition, provided that: (1) the suspension of performance is of no greater
scope and of no longer duration than is required by the Force Majeure event; (2) the affected Party uses reasonable endeavours to avoid and reduce the effects of the Force Majeure event, and to resume performance of its obligations; and
(3) the affected Party gives written notice within five (5) business days of the Force Majeure event to the other Party setting out the nature of the event of Force Majeure, the impact it will have on performance, and its expected
duration, and provides status updates whenever there is any significant change. 

  

	15.3	 Termination for Force Majeure. In the event that Force Majeure shall continue for a period of six
(6) months from the date the Party claiming relief under this Clause gives the other Party notice, eCOMBUSTIBLE and GCT shall have the right to terminate this Agreement by furnishing written notice to the other Party, with termination effective
upon the expiration date of such six (6) month period. Upon such termination, each Party shall be relieved from its respective obligations, except for obligations for payment of monetary sums accrued prior to the event of Force Majeure.

  

	16.	 RECORDS AND AUDIT 

 

	16.1	 Records. GCT will each establish and keep at all times, true and accurate books, records and accounts
relating to its provision of Services and the Parties will keep as well as regarding the performance of their obligations under this Agreement following generally accepted accounting principles (the “Records”) and make such Records
reasonably available for audit by the other Party as set forth herein. 

  

	16.2	 Cost Audit. If there is a claim for compensation by either Party, the other Party shall be permitted to
examine books, records, documents, and any and all other evidence and accounting procedures and practices that are reasonably necessary to discover and verify all direct and indirect costs, of whatever nature, which are claimed to have been
incurred, or anticipated to be incurred. 

  

	16.3	 Time. The rights and obligations under this Clause shall continue throughout the term of this Agreement
and for the longer of (i) such additional time following its termination as shall be reasonably necessary to complete any audit that would have commenced during the term of the Agreement or (ii) one (1) year after its termination.

  

	17.	 COMPLIANCE; ANTI - CORRUPTION

  

	17.1	 Compliance with Laws. Each Party agrees to comply at its own cost with all applicable laws, statutes, orders,
rules and regulations of any governmental entity in any action undertaken for this Agreement, including U.S. Government regulations regarding pricing, procurement integrity and illegal payments or gratuities. Each Party shall require each of its
respective officers, directors, employees, agents, subcontractors and third parties acting on their behalf to comply in a similar manner. Both Parties may require such training, certifications, representations, disclosures, reviews and approvals as
is prudent for compliance with such laws and regulations. 

  
 13 

 Anti-Corruption. Each Party represents and warrants that, in the
performance of this Agreement and in the pursuit of any business to which this Agreement may relate, it has complied with, and that it shall at all times comply with, all applicable laws prohibiting the bribery of a government official, including
the U.S. Foreign Corrupt Practices Act of 1977 (as amended). In particular, and not in derogation of the foregoing, each Party represents and warrants that it, its owners, officers, directors, employees and agents, have not and shall not offer, pay,
promise to pay or authorize the payment of, any money, or offer, gift, promise to give or authorize the giving of anything of value to any Foreign Official (as defined below) for the purpose of: 

 

	 	•	 	 influencing any act or decision of such Foreign Official in his official capacity; inducing such Foreign Official
to do or omit to do any act in violation of the lawful duty of such official; or securing any improper advantage; or 

  

	 	•	 	 inducing such Foreign Official to use his influence with a foreign government or instrumentality thereof to
affect or influence any act or decision of such government or instrumentality in order to obtain or retain any business to which this Agreement may relate, or directing any such business to any Party; 

 

	17.2	 any foreign political party or official thereof or any candidate for foreign political office for purposes of:

  

	 	a.	 influencing any act or decision of such party, official or candidate in its, his or her official capacity;

  

	 	b.	 inducing such party, official or candidate to do or omit to do an act in violation of the lawful duty of such
party, official, or candidate; 

  

	 	c.	 securing any improper advantage; or d.inducing such party, official or candidate to use its, his or her
influence with a foreign government or instrumentality thereof to affect or influence any act or decision of such government or instrumentality in order to obtain or retain any business to which this Agreement may relate, or directing any such
business to any Party; or e.any person, while knowing that all or a portion of such money or thing of value will be offered, given or promised, directly or indirectly, to any Foreign Official, to any foreign political party or official thereof, or
to any candidate for foreign political office, for the purposes of: 

  

	 	1.	 influencing any act or decision of such Foreign Official, political party, party official or candidate in its,
his or her official capacity; inducing such Foreign Official, political party, party official or candidate to do or omit to do any act in violation of the lawful duty of such official, political party, party official or candidate, or securing any
improper advantage; or 

  

	 	2.	 inducing such Foreign Official, political party, party official or candidate to use its, his or her influence
with a foreign government or instrumentality thereof to affect or influence any act or decision of such government or instrumentality, in order to obtain or retain any business to which this Agreement may relate, or directing any such business to
any Party. 

  
 14 

	17.3	 “Foreign Official” means any officer or employee of the government of a country other than the
United States or of any department, agency or instrumentality thereof, or of a public international organization, or any person acting in an official capacity for or on behalf of any such government or department, agency, or instrumentality thereof,
or public international organization. 

  

	17.4	 Cooperation; Records 

 

	 	a.	 During the term of this Agreement, and for a period to and including five (5) years after the expiration
or earlier termination hereof, each Party shall fully cooperate with any request of each other Party with respect to any possible violation of law, governmental investigation or inquiry. 

 

	 	b.	 Each Party shall also make its books, records and accounts related to any business to which this Agreement
relates available to the other Party during normal business hours for review or audit, at the other Party’s expense. The said examination must be requested, at least, ten (10) days in advance. 

 

	17.5	 Material Breach; Compensation. One Party’s breach of this
Anti-Corruption compromise shall immediately constitute a material breach and shall fully indemnify the other Party against all claims, damages, liabilities, awards or penalties brought or assessed to the
relevant Party. 

  

	17.6	 Annual Compliance Certification. Each Party shall certify to the other, in writing, on an annual basis, that it
has been, remains and will remain in full compliance with the provisions of this clause. 

  

	18.	 ENTIRE AGREEMENT 

This Agreement constitutes the entire understanding between the Parties with respect to the subject matter of this Agreement and supersedes all
prior agreements, negotiations and discussions between the Parties relating to it. 
  

	19.	 AMENDMENTS 

Save as expressly provided in this Agreement, no amendment or variation of this Agreement shall be effective unless in writing and signed by a
duly authorised representative of each of the Parties to it. 
  

	20.	 ASSIGNMENT 

Neither Party shall without the prior written consent of the other assign, transfer, charge or deal in any other manner with this Agreement or
its rights under it. 
  

	21.	 FREEDOM TO CONTRACT 

The Parties declare that they each have the right, power and authority and have taken all action necessary to execute and deliver, and to
exercise their rights and perform their obligations under this Agreement. 

  
 15 

	22.	 WAIVER 

The failure of a Party to exercise or enforce any right under this Agreement shall not be deemed to be a waiver of that right, nor operate to
bar the exercise or enforcement of it at any time or times thereafter. 
  

	23.	 SEVERABILITY 

If any part of this Agreement becomes invalid, illegal or unenforceable, the Parties shall in such an event negotiate in good faith in order to
agree the terms of a mutually satisfactory provision to be substituted for the invalid, illegal or unenforceable provision which as nearly as possible gives effect to their intentions as expressed in this Agreement. Failure to agree on such a
provision within six months of commencement of those negotiations shall result in automatic termination of this Agreement. No Party can interfere in this negotiation process in bad faith. The obligations of the Parties under any invalid, illegal or
unenforceable provision of the Agreement shall be suspended during such a negotiation. 
 A Party shall be excused from performing its
obligations under this Agreement if its performance is delayed or prevented by any cause beyond such Party’s control, including but not limited to, fire, explosion, diseases, weather catastrophes, wars, insurrections, civil strife, riots, or
power failure. Performance shall be excused only to the extent of and during the reasonable continuance of such disability. 
  

	24.	 NOTICES 

Any notice required to be given pursuant to this Agreement shall be in writing and shall be given by delivering the notice by hand at, or by
sending the same by prepaid certified first class post (airmail if to an address outside the country of posting) to the address of the relevant Party set out in this Agreement, or such other address as either Party notifies to the other from time to
time. Any notice given according to the above procedure shall be deemed to have been given at the time of delivery (if delivered by hand) and when received (if sent by post). 
  

	25.	 GOVERNING LAW & DISPUTE RESOLUTION 

 

	25.1	 This Agreement shall be governed by and construed in accordance with the laws of the United States of America.

  

	25.2	 Dispute Resolution and Legal Action. 

 

	 	a)	 Negotiation. If a dispute arises between the Parties in connection with this Agreement, including any
question regarding its existence, validity or termination, the Party that believes a dispute exists will give the other Party written notice (the “Dispute Notice”), giving details of the dispute and requesting a meeting between the
Parties (which may be by telephone) as soon as possible to discuss and attempt to resolve the dispute. If the dispute has not been solved by the Parties within 30 days or a longer period agreed by the Parties, a Party may refer the dispute to
arbitration in accordance with upcoming Section. 

  
 16 

	 	b)	 Arbitration. Any dispute that has not been resolved in accordance with the previous Section shall be
referred to arbitration in Miami-Dade County, Florida administered by the American Arbitration Association under its Commercial Arbitration Rules, and judgment on the award rendered by the arbitrator(s) may be
appealed before the courts in Miami-Dade County. The language of any such arbitration shall be English. Nothing in this Section prevents a Party seeking urgent injunctive or similar interim relief from a court
situated in Miami-Dade County with respect to a violation of intellectual property rights, confidentiality obligations or enforcement of recognition of any award or order in any appropriate jurisdiction.

 This Agreement has been entered into on the date stated at the beginning of it. 

  
 17 

					
	Signed for and on behalf of ECOMBUSTIBLE PRODUCTS HOLDINGS LLC	 		  	 /s/ Jorge Arevalo

JORGE AREVALO
 Its: CEO

Name:
 Date March 9, 2020

			
	Signed for and on behalf of
GAS CLEANING TECHNOLOGIES LLC	 	                                	  	 /s/ Matthew Russell

MATT RUSSELL on behalf of PAYKAN SAFE
 Its: President

Date March 5, 2020

  
 18 

 Exhibit A 

Services performed to date pursuant to Section 2.5 

  
 19 

 Exhibit B 

Testing Services pursuant to Section 5.1 

  
 20EX-10.22

 EXHIBIT 10.22 

AMENDED & RESTATED PROFESSIONAL SERVICES AGREEMENT 

This Amended & Restated Professional Services Agreement (the “Agreement”) is entered into as of 1st day of December, 2020
by ECOMBUSTIBLE PRODUCTS HOLDINGS, LLC, a Delaware limited liability company (“ECOMBUSTIBLE”), and GEARD ENERGY SERVICES, LLC a Florida limited liability company (“CONSULTANT”) (collectively, ECOMBUSTIBLE and
CONSULTANT may be referred to as the “Parties” or each a “Party”), and amend and restate that prior Professional Services Agreement by and between the Parties that was effective as of December 27, 2018 (“Original
Agreement”). 
 RECITALS 

WHEREAS, ECOMBUSTIBLE has developed a hydrogen energy technology and services business (the “Energy Services”); 

WHEREAS, CONSULTANT has experience marketing, promoting, lobbying government affairs, business development, as well as strategic
related expertise, skills and relationships in the private and public sector (the “Business Development Services”); 

WHEREAS, CONSULTANT has provided Business Development Services pursuant to the Original Agreement; and 

WHEREAS, the Parties desire to amend and restate the Original Agreement in its entirety and for it to be superseded in every way by
this Agreement. 
 NOW, THEREFORE, for and in consideration of the agreements contained herein and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: 
 AGREEMENT 

 

	1.	 Definitions. 

  

	 	a.	 “Energy Services”—Energy Services shall be defined as the hydrogen energy technology and
services business as well as any other service offered by ECOMBUSTIBLE. 

  

	 	b.	 “Business Development Services” - Business Development Services shall be defined as the
marketing, promotion, lobbying, government affairs, business development, procurement, strategy, and relationships in the private and public sector provided by CONSULTANT. 

 

	2.	 Services. CONSULTANT has provided Business Development Services that have contributed and
resulted in business between ECOMBUSTIBLE (and/or its affiliates, subsidiaries or designees) and customers, specifically: (a) a commercial contract with MINERA SPENCE S.A., dated June 26, 2019 (“BHP”); (b) a commercial contract
with ANGLO AMERICAN NÍQUEL BRASIL LTDA, dated April 27, 2019 (“ANGLO”) (together BHP and ANGLO are referred to as the “CUSTOMERS”); (c) memorandums of understanding (“MOUs”) with BHP and ANGLO mapping out
the scale up of applications in 3-4 growth projects phases within their operations; and (d) introducing and entering into an Engineering and Project Management contract with Gas Cleaning Technologies LLC
(“GCT”) providing the professional engineering and risk mitigation methodologies for ECOMBUSTIBLE to be an acceptable supplier to the CUSTOMERS. 

  
 1 

	3.	 Consultant’s Compensation, Expenses and Taxes. 

 

	 	a.	 Consultant’s Compensation for Business Development Services. In consideration for Consultant’s
Business Development Services in Section 2, Consultant will receive the compensation set forth in Schedule A to this Agreement. For any future and / or additional services provided by Consultant, the Parties will enter into a new and
separate agreement. 

  

	 	b.	 Expenses. CONSULTANT will be responsible for all expenses that are incurred by CONSULTANT in the
performance of the Business Development Services and ECOMBUSTIBLE shall not reimburse CONSULTANT for any such expenses. 

  

	 	c.	 Taxes. CONSULTANT acknowledges and agrees that it shall be CONSULTANT’s obligation to report as
revenues all compensation received by CONSULTANT pursuant to this Agreement and to pay any withholding taxes, employment or self- employment taxes, and social security, unemployment or disability insurance or similar items, including interest and
penalties thereon, in connection with any payments made to CONSULTANT by ECOMBUSTIBLE pursuant to this Agreement. CONSULTANT agrees to indemnify, hold harmless and defend ECOMBUSTIBLE against any and all liability related thereto, including, without
limitation, any taxes, penalties and interest ECOMBUSTIBLE may be required to pay as a result of CONSULTANT’s failure to report such compensation or make such payments. 

 

	4.	 Books and Records. CONSULTANT or its designee shall have the right, at CONSULTANT’s expense and
upon reasonable notice and during normal business hours, to examine such books and records maintained by ECOMBUSTIBLE that are reasonably necessary for confirming ECOMBUSTIBLE’s compliance with this Agreement. All information obtained by
CONSULTANT as the result of any such examination shall be deemed Confidential Information. 

  

	5.	 Conflicts of Interest. Because CONSULTANT will have access to Confidential Information during the Term
of the Agreement, CONSULTANT represents, warrants and agrees that it and its subsidiaries or affiliates (or entities otherwise under common control or ownership with them) (collectively, all such people being referred to herein as “Related
Parties”) (i) shall not provide any services, including without limitation Business Development Services to any third parties who compete with ECOMBUSTIBLE; (ii) shall not enter into agreements with any third party regarding the sale,
marketing or promotion of any product or service that can be reasonably interpreted as competing with the Energy Services provided by ECOMBUSTIBLE; and (iii) shall not take any actions other than those that are reasonably calculated to promote
the acceptance of the proposals submitted 

  
 2 

	 	
by ECOMBUSTIBLE and ECOMBUSTIBLE’s interests thereunder. Any of the foregoing actions shall be deemed to be a “Conflict of Interest.” During the Term of the Agreement, CONSULTANT
and its related parties shall also not hold any discussions with, provide any information or respond to, any inquiry made by any third party concerning an action or transaction that constitutes a Conflict of Interest or cooperate in any way with,
agree to, assist or participate in, solicit, consider, entertain, or facilitate an action or transaction that constitutes a Conflict of Interest. 

  

	6.	 Business Relationships. CONSULTANT acknowledges that ECOMBUSTIBLE’s relationships with its
employees, customers and vendors are valuable business assets. CONSULTANT agrees that during the term of this Agreement and for two years thereafter, CONSULTANT shall not (for itself or for any third party) knowingly divert or attempt to divert from
ECOMBUSTIBLE any business, employee, customer or vendor, through solicitation or otherwise, without the prior written consent of ECOMBUSTIBLE. 

  

	7.	 Intellectual Property. All Creations shall be the sole property of ECOMBUSTIBLE, with ECOMBUSTIBLE
having the right to obtain and hold in its own name all intellectual property rights in and to such Creations. As used herein, “Creations” shall include, without limitation all designs, copyrightable works, ideas, inventions, technology
and other creations and any related work-in-progress, improvements or modifications to the foregoing, that are created, developed or conceived (alone or with others) in
connection with CONSULTANT’s activities for ECOMBUSTIBLE during the Term of this Agreement. Creations shall include, without limitation, all materials delivered to ECOMBUSTIBLE in connection with this Agreement. CONSULTANT hereby assigns and
agrees to assign to ECOMBUSTIBLE all right, title and interest in and to all Creations developed during the course of this Agreement, including, without limitation, all copyrights, trademarks, trade secrets, patents, industrial rights and all other
intellectual property and proprietary rights related thereto, whether existing now or in the future, effective immediately upon the inception, conception, creation or development thereof. 

 

	8.	 Confidentiality. The Parties agree and acknowledge that each Party is bound by the Mutual
Confidentiality Agreement dated as of December 27, 2018 and attached hereto as Schedule B, which is hereby incorporated by reference. 

  

	9.	 Representations and Warranties. 

 

	 	a.	 ECOMBUSTIBLE’s Representations and Warranties. ECOMBUSTIBLE makes the following representations and
warranties: 

  

	 	(1)	 ECOMBUSTIBLE has the required authority and capacity to enter into this Agreement and all documents required to
be entered into pursuant to this Agreement. 

  

	 	(2)	 All corporate and other actions required to be taken by ECOMBUSTIBLE to authorize the execution, delivery and
performance of this Agreement and all transactions contemplated in this Agreement have been duly and effectively taken. 

  
 3 

	 	(3)	 Upon the full execution and delivery of this Agreement, this Agreement will become a valid, binding and
enforceable obligation upon ECOMBUSTIBLE and its direct and indirect subsidiaries, affiliates and/or assigns. ECOMBUSTIBLE agrees to take any necessary steps to ensure its direct and indirect subsidiaries, affiliates and/or assigns are bound by the
terms of this Agreement. Notwithstanding the terms of this provision, ECOMBUSTIBLE acknowledges and agrees that it will be obligated to directly pay for CONSULTANT ‘s Business Development Services as set forth in Schedule A.

  

	 	(4)	 ECOMBUSTIBLE’s execution, delivery and performance of this Agreement will not result in the breach of any
term or provision of, or constitute a default under, any agreement by which ECOMBUSTIBLE is bound, nor will such actions result in the violation of any obligation, law, ordinance, regulation, order or decree applicable to ECOMBUSTIBLE.

  

	 	b.	 CONSULTANT’s Representations and Warranties. CONSULTANT represents and warrants: 

 

	 	(1)	 CONSULTANT has the required authority and capacity to enter into this Agreement and all documents required to
be entered into pursuant to this Agreement. 

  

	 	(2)	 All corporate and other actions required to be taken by CONSULTANT to authorize the execution, delivery and
performance of this Agreement and all transactions contemplated in this Agreement have been duly and effectively taken. 

  

	 	(3)	 Upon the full execution and delivery of this Agreement, this Agreement will become a valid, binding and
enforceable obligation upon CONSULTANT. 

  

	 	(4)	 CONSULTANT’s execution, delivery and performance of this Agreement will not result in the breach of any
term or provision of or constitute a default under any agreement by which CONSULTANT is bound, nor will such actions result in the violation of any obligation, law, ordinance, regulation, order or decree applicable to CONSULTANT.

  

	10.	 Compliance with the Foreign Corrupt Practices Act. The Parties agree to comply with the Foreign Corrupt
Practices Act (“FCPA”) of the United States of America. The Parties shall have the right to immediately terminate the Agreement should either Party determine that the FCPA has been violated or if the U.S. Government or other governmental
authority places or threatens to restrict Parties from doing business with the Parties, its partners, directors, officers, managers, principal owners, or affiliated companies. The Parties agree to indemnify each other for any breach by the other
Party of the FCPA or any other U.S. or foreign anti-bribery law. 

  

	11.	 Term, Termination and Default. 

  
 4 

	 	a.	 The term of this Agreement shall commence as of the Effective Date of this Agreement and unless earlier
terminated in accordance with the terms of this Agreement shall expire upon the first anniversary of the Effective Date of this Agreement. 

  

	 	b.	 Default. A Party hereto shall be in Default if: 

 

	 	(1)	 That Party breaches any covenant, representation or warranty it makes in this Agreement, or if any
representation or warranty is or becomes untrue in any material respect, and such breach or untruth is not cured within 30 days’ notice of the same or, if such breach is not capable of cure within 30 days, the breaching Party has not begun to
remedy such breach within 30 days’ notice of the same. 

  

	 	(2)	 That Party is the subject of proceedings for such Party to be adjudicated voluntarily bankrupt, the consent by
such Party to the filing of a bankruptcy proceeding against it, the filing by such Party of a petition or answer or consent seeking reorganization under any bankruptcy or similar law or statute, the consent by such Party to the filing of any such
petition or to the appointment of a custodian, receiver, liquidator, trustee, or assignee in bankruptcy or insolvency relating to such Party or any substantial part of its assets or property, the making by such Party of a general assignment for the
benefit of creditors, or the taking by such Party of any corporate action in furtherance of any of the foregoing. 

  

	 	c.	 Termination. Upon any Default, the non-defaulting Party may
terminate this Agreement by written notice, with immediate effect, and any future payments or services shall cease immediately. 

  

	12.	 Miscellaneous. 

 

	 	a.	 Entire Agreement; Amendments, Modifications. This Agreement constitutes the entire agreement between the
Parties and may be modified, altered, or amended only in writing and signed by both of the Parties hereto. 

  

	 	b.	 Surviving Provisions. The provisions of Sections 3, 6, 7, 8, 12 and Schedule A shall survive the
expiration or termination of this Agreement. Notwithstanding anything to the contrary, CONSULTANT shall keep all information related to ECOMBUSTIBLE and its businesses in strict confidence and shall not disclose any such information.

  

	 	c.	 Choice of Law/Jurisdiction. This Agreement shall be construed, enforced and interpreted in accordance
with the laws of the State of Florida. Exclusive venue and jurisdiction shall be vested solely and exclusively in the United States District Court for the Southern District of Florida, Miami Division or the Circuit Court for the 11th Judicial
Circuit in and for Miami-Dade County, Florida. The parties expressly consent to submit to the jurisdiction of the courts located in Miami-Dade County, Florida. 

  
 5 

	 	d.	 WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY
ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES AND, THEREFORE, EACH SUCH PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LEGAL ACTION ARISING OUT OF OR
RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

  

	 	e.	 Prevailing Party. Should any action be brought regarding the construction, enforceability, or
interpretation of this Agreement, the prevailing party shall be entitled to recover its reasonable attorney’s fees and costs, including any fees and costs on appeal. 

 

	 	f.	 Binding Effect. All provisions of this Agreement shall inure to the benefit of, and be binding upon, the
Parties and their successors-in-interest, permitted assigns, administrators, and devisees. 

 

	 	g.	 Counterparts. This Agreement may be executed in counterparts and may be delivered by facsimile or
electronic delivery. 

  

	 	h.	 Descriptive Headings. Descriptive headings in this Agreement are for convenience only and shall not
control or affect the meaning or construction of any provision of this Agreement. 

  

	 	i.	 Entire Agreement. This Agreement, including the Schedules referenced herein (each of which is hereby
incorporated herein by reference), supersedes the Original Agreement and constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior or contemporaneous proposals, understandings,
representations, warranties, promises and other communications, whether oral or written, relating to such subject matter. Each Party shall execute and deliver all such further instruments, documents and papers and shall perform any and all acts
necessary to give full force and effect to all the terms and provisions of this Agreement. 

  

	 	j.	 Force Majeure. A Party shall be excused from performing its obligations under this Agreement if its
performance is delayed or prevented by any cause beyond such Party’s control, including but not limited to, acts of God, fire, explosion, disease, weather, war, insurrection, civil strife, riots, government action, or power failure. Performance
shall be excused only to the extent of and during the reasonable continuance of such force majeure event. 

  

	 	k.	 Interpretation. No uncertainty or ambiguity herein shall be construed or resolved against any Party,
whether under any rule of construction or otherwise. On the contrary, this Agreement has been negotiated by all Parties and shall be construed and interpreted according to the ordinary meaning of the words used so as to fairly accomplish the
purposes and intentions of the Parties. 

  
 6 

	 	l.	 English Language. This Agreement has been negotiated and drafted in the English language, and the
English language version shall be the sole and controlling version of this Agreement. All provisions of this Agreement shall be construed and interpreted in the English language. 

 

	 	m.	 Limitations on Liability. Neither Party will under any circumstance be liable to the other Party for any
consequential, incidental or special loss or damages arising out of this Agreement, the termination or expiration of this Agreement in accordance with its terms or with respect to the provision of any services, even if apprised of the likelihood of
such damages occurring. 

  

	 	n.	 Limitations on Waiver. No waiver by any Party of any term or condition of this Agreement shall be
construed to be a waiver of such term or condition in the future, or of any preceding or subsequent breach of the same or any other term or condition of this or any other agreement, nor shall any such waiver be binding unless written.

  

	 	o.	 No Partnership or Joint Venture; No Agency. This Agreement does not create a partnership or joint
venture between the Parties and shall not be construed as doing so. This Agreement does not create any right by either Party to bind the other Party and neither Party shall not hold itself out as possessing such authority. 

 

	 	p.	 No Third-Party Beneficiaries. No person other than the Parties hereto and their permitted successors and
assigns shall receive any benefits of this Agreement. 

  

	 	q.	 Notices. All notices provided for in this Agreement shall be given in writing and either tendered by
personal delivery or upon receipt via United States mail, return receipt requested or email with confirmation in writing at the addresses listed below: 

 

			
	If for CONSULTANT:	  	If for ECOMBUSTIBLE:
		
	Mailing Address:	  	Mailing Address:
	Judson D. LaCapra	  	James M. Driscoll
	GEARD ENERGY SERVICES LLC	  	eCombustible Products Holdings, LLC
	1200 NE 96th St	  	16690 Collins Avenue, suite 1102
	Miami Shores, FL 33138	  	Miami, FL 33160
	dino@geard.co	  	Jdricoll@ecombustible.com

  

	 	r.	 Severability. If any term or provision of this Agreement is held to be invalid, illegal or
unenforceable, such invalidity, illegality or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. Upon such determination that any
term or other provision is invalid, illegal or unenforceable, the parties hereto shall negotiate in good faith to modify this Agreement so as to affect the original intent of the parties as closely as possible in a mutually acceptable manner in
order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible. 

  
 7 

	 	s.	 Recitals. The recitals to this Agreement are incorporated into the Agreement. 

(EXECUTION PAGE TO FOLLOW) 

  
 8 

 In witness whereof, the Parties have executed this Agreement as of the date first above
written. 
  

			
	 “ECOMBUSTIBLE”
  

eCombustible Products Holdings, LLC

		
	By:	 	 /s/ Jorge Arevalo

		 	Jorge Arevalo
	
	“CONSULTANT”
	
	Geard Energy Services LLC
		
	By:	 	 /s/ Judson D LaCapra

		 	Judson D LaCapra

  
 9 

 Schedule A 

Compensation for Business Development Services. 

  
 10 

 Schedule B 

MUTUAL CONFIDENTIALITY AGREEMENT DATED DECEMBER 27, 2018 

  
 11

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