Document:

Exhibit 10.2

 

ENIGMA
MPC, Inc.

 

January 17, 2017

 

Can Kisagun

 

Dear Can:

 

Enigma MPC, Inc. (the
“Company”) is pleased to offer you employment on the following terms:

 

1. Position.
Your initial title will be Chief Product Officer, and you will initially report to the Company’s Chief Executive Officer.
This will be a full-time position, although you may continue in your role as an advisor or board member of Eximchain. While you
render services to the Company, you will not engage in any other employment, consulting or other business activity (whether full-time
or part-time) that would create a conflict of interest with the Company. By signing this letter agreement, you confirm to the Company
that you have no contractual commitments or other legal obligations that would prohibit you from performing your duties for the
Company.

 

2. Cash
Compensation. The Company will pay you a starting salary at the rate of $100,000 per year, payable in accordance with the Company’s
standard payroll schedule. This salary will be subject to adjustment pursuant to the Company’s employee compensation policies
in effect from time to time.

 

3. Signing
Bonus. On the first day of your employment, the Company will pay you a one-time signing bonus of $12,500 (subject to all applicable
withholding).

 

4. Employee
Benefits. As a regular employee of the Company, you will be eligible to participate in a number of Company-sponsored benefits.
In addition, you will be entitled to paid vacation in accordance with the Company’s vacation policy, as in effect from time
to time.

 

5. Stock
Options. Subject to the approval of the Company’s Board of Directors or its Compensation Committee, you will be granted
an option to purchase 528,346 shares of the Company’s Common Stock (the “Option”). The exercise price per share
of the Option will be determined by the Board of Directors or the Compensation Committee when the Option is granted. The Option
will be subject to the terms and conditions applicable to options granted under the Company’s 2016 Stock Plan (the “Plan”),
as described in the Plan and the applicable Stock Option Agreement. You will vest in 25% of the Option shares after 12 months of
continuous service, and the balance will vest in equal monthly installments over the next 36 months of continuous service, as described
in the applicable Stock Option Agreement. You acknowledge and agree that as a condition of receiving the Option, you will be required
to become a party certain of the Company’s financing documents with outside investors.

 

     

     

    

 

Page 2

 

6. Proprietary
Information and Inventions Agreement. Like all Company employees, you will be required, as a condition of your employment with
the Company, to sign the Company’s standard Proprietary Information and Inventions Agreement, a copy of which is attached
hereto as Exhibit A.

 

7. Employment
Relationship. Employment with the Company is for no specific period of time. Your employment with the Company will be “at
will,” meaning that either you or the Company may terminate your employment at any time and for any reason, with or without
cause. Any contrary representations that may have been made to you are superseded by this letter agreement. This is the full and
complete agreement between you and the Company on this term. Although your job duties, title, compensation and benefits, as well
as the Company’s personnel policies and procedures, may change from time to time, the “at will” nature of your
employment may only be changed in an express written agreement signed by you and a duly authorized officer of the Company (other
than you).

 

8. Tax
Matters.

 

(a) Withholding.
All forms of compensation referred to in this letter agreement are subject to reduction to reflect applicable withholding and payroll
taxes and other deductions required by law.

 

(b) Tax
Advice. You are encouraged to obtain your own tax advice regarding your compensation from the Company. You agree that the Company
does not have a duty to design its compensation policies in a manner that minimizes your tax liabilities, and you will not make
any claim against the Company or its Board of Directors related to tax liabilities arising from your compensation.

 

9. Interpretation,
Amendment and Enforcement. This letter agreement and Exhibit A supersede and replace any prior agreements, representations
or understandings (whether written, oral, implied or otherwise) between you and the Company and constitute the complete agreement
between you and the Company regarding the subject matter set forth herein. This letter agreement may not be amended or modified,
except by an express written agreement signed by both you and a duly authorized officer of the Company. The terms of this letter
agreement and the resolution of any disputes as to the meaning, effect, performance or validity of this letter agreement or arising
out of, related to, or in any way connected with, this letter agreement, your employment with the Company or any other relationship
between you and the Company (the “Disputes”) will be governed by California law, excluding laws relating to conflicts
or choice of law. You and the Company submit to the exclusive personal jurisdiction of the federal and state courts located in
California in connection with any Dispute or any claim related to any Dispute.

 

* * * * *

 

We hope that you will
accept our offer to join the Company. You may indicate your agreement with these terms and accept this offer by signing and dating
both the enclosed duplicate original of this letter agreement and the enclosed Proprietary Information and Inventions Agreement
and returning them to me. As required by law, your employment with the Company is contingent upon your providing legal proof of
your identity and authorization to work in the United States. Your employment is also contingent upon your starting work with the
Company on or before March 1, 2017.

 

     

     

    

 

Page 3

 

	 	Very truly yours,
	 	 
	 	Enigma MPC, Inc.
	 	 	 
	 	By:	            
	 	 	Guy Zyskind, President & Chief Executive Officer

 

I have read and accept this employment
offer:

 

	 	 
	Signature of Can Kisagun	 
	 	 	 
	Dated:	 	 

 

Attachment

 

Exhibit A: Proprietary Information and
Inventions AgreementExhibit 10.3 

 

SERVICES
AGREEMENT

 

This
Services Agreement (the “Agreement”),
effective as of September 12, 2019 ( the “Effective Date”),
by and between Enigma MPC Inc., registered under the laws of the State of Delaware USA (hereinafter: “Services
Recipient”) and Gamma Research and Development LTD, a company incorporated under the laws of the State of Israel,
with its principle offices at 94 Yigal Alon St. Tel Aviv (hereinafter: “Services
Provider”).

 

WHEREAS,
Services Recipient desires to obtain, from time to time, various research, development, commercial and other related services,
to be mutually agreed from time to time, from Services Provider (the “Services”);
and

 

WHEREAS,
Services Provider has the facilities, the expertise, the skills and trained professional employees in the field of such Services;
and

 

WHEREAS,
Services Provider desires to provide such Services to Services Recipient, all under the terms and conditions set forth in this
Agreement.

 

NOW,
THEREFORE, in consideration of the premises and of the mutual covenants and agreements herein contained, the parties
hereto agree as follows:

 

		1.	Interpretation;
Definitions

 

		1.1.	The preamble to this Agreement constitutes an integral
part hereof. The headings of the sections and subsections of this Agreement are for convenience of reference only and are not
to be considered in construing this Agreement.

 

		1.2.	In this Agreement, unless the context otherwise requires:

 

		1.2.1.	“Intellectual
Property Rights” means all patent rights, copyrights, trademark rights and any and all other intellectual property
rights in inventions, improvements, designs, ideas, concepts, innovations, original works of authorship, formulas, concepts, techniques,
know how, methods, systems, processes, compositions of matter, computer software programs, databases, mask works, and trade secrets;
each of the above whether or not patentable, copyrightable or protectable as trade secrets, irrespective of whether it has been
registered in a patent, copyright, trademark or other form, and irrespective of whether it constitutes a commercial or professional
secret.

 

		1.2.2.	“Person”
means an individual, corporation, partnership, joint venture, trust or unincorporated organization.

 

		2.	The
Services

 

		2.1.	During the Agreement Term (as defined in Section 5.1), Services Recipient may from time to time,
at its discretion, request the performance of the Services by Services Provider. Services Recipient may provide Services Provider
with specifications of the Services requested.

 

		2.2.	During the Agreement Term, Services Provider shall render the Services to Services Recipient, as
requested by Services Recipient.

 

		2.3.	For removal of any doubt, in addition to its provision of the Services to Services Recipient, Services
Provider may also engage in other activities or render services to additional Person(s), other than Services Recipient.

 

		2.4.	In consideration of the Services, Services Recipient shall pay Services Provider the consideration
set forth under Annex A
attached hereto (the “Consideration”),
in accordance
with the terms thereunder.

 

		2.5.	The Consideration shall be paid against valid invoices furnished by Services Provider to Services
Recipient.

 

    

     

    

 

		3.	Intellectual
Property Rights

 

		3.1.	All Services rendered by Services Provider under this Agreement shall be deemed as ‘work
made for hire’ and consequently, Services Provider hereby acknowledges and agrees that any and all Intellectual Property
Rights, created by it as part of the Services shall belong exclusively to Services Recipient and that it shall not be entitled
to any rights whatsoever due to the performance of the Services, except for the Consideration set forth in this Agreement.

 

		3.2.	Without derogating from the aforesaid, should any court of competent jurisdiction, or any other
governmental authority determine that any Intellectual Property Rights are the property of Services Provider, Services Provider
irrevocably agrees to assign or convey to Services Recipient, its successors, assigns or nominees, the sole and exclusive right,
title and interest in any such Intellectual Property Rights, including any derivative works thereof, for no consideration. Services
Provider further agrees to assist Services Recipient in obtaining patents for any inventions made in connection with the Services,
including by way of disclosure of all pertinent information and data with respect thereto, the execution of all applications, instruments
or papers which Services Recipient shall deem necessary or desirable in connection therewith.

 

		3.3.	Services Provider shall (insofar as it becomes aware thereof) notify Services Recipient of any
infringement of the products’ copy rights or unauthorized use in of the trade marks or copying of the trade marks or the
trade dress or advertising for the product, or infringement of any other Intellectual Property Rights or trade secret or proprietary
product information of Services Recipient. At the request of Services Recipient, Services Provider shall take part in or give assistance
in any legal proceedings and execute any documents and do anything reasonably necessary to protect Services Recipient’s intellectual
or industrial property rights and proprietary information in Israel.

 

		3.4.	Services Recipient warrants that the products resulting from the Services and the Intellectual
Property rights with respect thereto will not infringe upon or violate any patent, copyright, trademark, invention, proprietary
information, nondisclosure, or other right of any third party. Services Recipient shall fully indemnify and defend Services Provider
against any suit, proceeding, or action, or threatened suit, proceeding, or action, taken against Services Provider as a direct
result of, or directly arising from, any infringement of any of the foregoing rights.

 

		3.5.	The provisions of this Section 3 shall survive the expiration or other termination of this Agreement.

 

    -2-

     

    

 

		4.	Confidential
Information

 

		4.1.	Services Provider covenants and undertakes that, during the Agreement Term and thereafter, absent
Services Recipient's prior written consent, all information, written or oral, relating directly or indirectly to this Agreement,
the Services, Services Recipient or its business (actual or planned), disclosed to it by Services Recipient, developed by it or
which otherwise became known to it in connection with the performance of this Agreement, including, without limitation, any and
all patent applications, drawings, specifications, test results, techniques, diagrams, charts, plans, statements, assessments,
analyses, estimates, views and opinions, know-how, processes, machines, practices, inventions, improvements and records (the “Information”),
shall be maintained by it in full and absolute confidence, and it shall not use such Information, directly or indirectly, in whole
or in part, for its own benefit or for any purpose
whatsoever, except as specifically and explicitly provided herein. Services Provider will be responsible for ensuring that the
obligations of confidentiality and non-use contained herein are observed by its consultants, employees, subcontractors and affiliates.

 

		4.2.	Upon the termination of this Agreement, for any reason whatsoever, Services Provider shall return
to Services Recipient any and all Information, including all records, products and samples received, and any copies thereof, as
well as any notes, memoranda or other writings or documentation which contain or pertain to the Information or any portion thereof.

 

		4.3.	Services Provider hereby represents that all of its current employees, consultants, subcontractors
and affiliates have signed a confidentiality and assignment agreement, which includes, inter alia, an undertaking of the assignment
of Intellectual Property Rights developed with respect to the Services provided under this Agreement to Services Provider. Services
Provider further undertakes to have every new employee, consultant, subcontractor or affiliate execute such agreement immediately
upon its engagement.

 

		4.4.	Services Provider warrants that it shall sign, upon Services Recipient’s request, any documentation
with respect to the aforesaid in this Section 4.

 

		4.5.	Notwithstanding anything else to the contrary herein, the obligations under this Section shall
survive the termination of this Agreement.

 

		5.	Term
and Termination

 

		5.1.	This Agreement shall be effective from the Effective Date for a period of one year from the date
hereof, and thereafter it shall be renewed automatically for additional periods of one year each, unless either party advised the
other party, in a prior written notice served at least 90 days before the end of such year, of its election to terminate this Agreement
(the “Agreement Term”).

 

		5.2.	The Agreement may be immediately terminated in the event of any dissolution or liquidation of any
of the parties hereto, any bankruptcy or insolvency proceeding under any bankruptcy or insolvency or similar law, whether voluntary
or involuntary, is properly commenced by or against a party or a receiver or liquidator has been appointed to all or substantially
all of a party's assets, and such party shall immediately advise the other party, in writing, of any such event.

 

    -3-

     

    

 

6.       Miscellaneous

 

		6.1.	Non-Assignment:
A party hereto shall not assign any of its obligations and rights under and according to this Agreement to any other Person without
the other party’s prior written consent.

 

		6.2.	Parties’
Relationship: The parties’ relationship hereunder shall be that of a principal and an independent contractor,
where Services Recipient is the principal and Services Provider is the independent contractor, and nothing herein shall be construed
as establishing an employment, agency or partnership relationship between the parties.

 

		6.3.	Entire
Agreement: This Agreement constitutes the entire agreement between the parties with respect to its subject matter, and
supersedes and cancels all prior agreements to the subject hereof entered between the parties. No amendment to this Agreement shall
be effective unless it is in writing and signed by a duly authorized representative of each party.

 

		6.4.	Severability:
In the event any paragraph or provision of this Agreement is held illegal, void or unenforceable, to any extent, in whole or in
part, as to any situation or Person, the balance shall remain in effect and the provision in question shall remain in effect as
to all other Persons or situations, as the case may be, and the parties shall draw up an arrangement in accordance with the meaning
and the object of such paragraph
or provision.

 

		6.5.	Consent
to Breach/Not Waiver: No term or provision hereof shall be deemed waived and no breach excused, unless such waiver or
consent shall be in writing and signed by the party claimed to have waived or consented. Any consent by any party to, or waiver
of, a breach by the other, whether express or implied, shall not constitute consent to, waiver of, or excuse for any other different
or subsequent breach.

 

		6.6.	Governing
Law and Jurisdiction: This Agreement shall be governed by and interpreted exclusively in accordance with the laws of
the State of Israel. The competent courts in Tel-Aviv, Israel, shall have sole and exclusive jurisdiction over any dispute between
the parties hereto.

 

		6.7.	Notices:
All notices shall be in writing and deemed given and received when delivered in person, by facsimile, or by commercial air courier
service. Notices shall be addressed to each party at its address set forth above, or such other address as the recipient may have
specified by earlier notice to the sender. Any notice shall operate and be deemed to have been served, if personally delivered
or sent by fax on the next following business day, and if by courier, on the fifth following business day.

 

IN
WITNESS WHEREOF the parties have signed this Agreement as of the date hereinabove set forth. 

 

	/s/ Can Kisagun	 	/s/ Guy Zyskind
	Services Recipient	 	Services Provider

 

	By:	Can Kisagun	 	By:	Guy Zyskind
	Title:	Chief Product Officer	 	Title:	CEO

 

    -4-

     

    

 

Annex
A

 

Consideration

 

Service Recipient
shall pay Service Provider during the Term of the Agreement (unless terminated earlier by mutual consent of the parties) a monthly
amount of NIS 541,667. Schedule 1 below is a break down the items that make up the monthly payment.

 

The monthly
payments are exclusive of any applicable VAT. To the extent the monthly Payment are subject to applicable VAT, then Service Recipient
shall add to each monthly payment the applicable VAT amount, as will be invoiced by Service Provider.

 

SCHEDULE
1

 

	Item	 	#
    of Such Items	 	Cost	 
	Technical
    Management	 	2	 	NIS	152,100	 
	Developers	 	3	 	NIS	182,520	 
	Product	 	2	 	NIS	91,050	 
	Admin.
    Assistant	 	1	 	NIS	18,252	 
	IT	 	1	 	NIS	16,740	 
	General
    and Admin.	 	1	 	NIS	81,005	 
	Total	 	 	 	NIS	541,667	 

 

The monthly
payment will be updated yearly in good faith through mutual discussions between the parties.

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