Document:

Exhibit 10.14

 

ADVISORY AGREEMENT

 

THIS ADVISORY AGREEMENT (the “Agreement”)
is made this 1st day of August, 2012 (the “Effective Date”) by and between SIMPLEPONS, INC., a Delaware
corporation (the “Company”), with its principal place of business located at 220 Congress Park Drive, Suite
304, Delray Beach 33445 and Dr. David Greenfield, an individual (the “Advisor”), with his principal offices
located at _______________________________________________.

 

R E C I T A L S

 

WHEREAS, the Company desires to retain
the Advisor to provide certain advisory services as hereinafter set forth.

 

WHEREAS, the Advisor desires to provide
certain advisory services to the Company in accordance with the terms and conditions contained hereinafter.

 

NOW, THEREFORE, in consideration of the
mutual promises set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties hereto agree as follows:

 

1.           Advisory Services. During the
Term of this Agreement, the Advisor is hereby retained by the Company to provide advisory and consulting services (the “Services“)
to the Company including, but not limited to (i) brand advisory services to evaluate existing practices or establish new processes,
(ii) corporate and product brand identity strategy development, (iii) corporate positioning, (iv) brand architecture analysis and
system development, (v) advertising strategy development, (vi) creative and strategic resource identification and management, and
(vii) new business support, as well as such additional related services as the Company may request from time to time. In addition,
at such time as the Company shall form an advisory board to its Board of Directors, the Advisor shall accept an appointment to
such advisory board. The Advisor shall provide such Services as reasonably requested by the Company during the Term of this Agreement.
Unless otherwise agreed to by the Advisor, all Services hereunder shall be performed by the Advisor, in his sole discretion, at
his principal place of business.

 

2.           Term; Termination. The Term
of this Agreement shall commence on the Effective Date as set forth above and end on the three (3) year anniversary of the Effective
Date (the “Expiration Date”). Either party may terminate this Agreement in the event that the other party fails
to perform any of its material obligations under this Agreement, or otherwise defaults in any of its material obligations under
this Agreement, and such failure or default continues uncured for a period of thirty (30) days following written notice from the
non-defaulting party.

 

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3.           Compensation; Investment Intent.

 

(a)         As full and complete compensation for the
Services, the Company shall issue the Advisor four hundred fifty thousand (450,000) shares of the Company’s common stock
(the “Compensation Shares”), which such Compensation Shares shall be fully paid and non-assessable upon issuance
thereof. Notwithstanding any early termination of this Agreement pursuant to Section 2 hereof, the Compensation Shares shall be
deemed earned upon the execution of this Agreement by all parties.

 

(b)         The
Compensation Shares are “restricted securities” as that term is defined in the Securities Act of 1933, as amended (the
“Securities Act”). The Advisor has such knowledge and experience in financial, investment and business
matters that he is capable of evaluating the merits and risks of the investment in the Compensation Shares and represents
that he (i) has adequate means of providing for his current financial needs and possible personal contingencies, and has no need
for liquidity of investment in the Company; (ii) can afford (a) to hold unregistered securities for an indefinite period of time
and (b) sustain a complete loss of the entire amount of such securities; and (iii) has not made an overall commitment to investments
which are not readily marketable which is disproportionate so as to cause such overall commitment to become excessive. The Compensation
Shares are being acquired by the Advisor solely for his account for personal investment and not with a view to, or for resale in
connection with, any distribution. The Advisor does not intend to dispose of all or any part of the Compensation Shares except
in compliance with the provisions of the Securities Act and applicable state securities laws and understands that the Compensation
Shares are being issued pursuant to a specific exemption under the provisions of the Securities Act, which exemption depends, among
other things, upon the compliance with the provisions of the Securities Act.

 

(c)         The
Company may insert the following or similar legend on the face of the certificate representing the Compensation Shares, if required
in compliance with the Securities Act or state securities laws:

 

	 	“These
    securities have not been registered under the Securities Act of 1933, as amended ("Securities Act"), or any state
    securities laws and may not be sold or otherwise transferred or disposed of except pursuant to an effective registration
    statement under the Securities Act and any applicable state securities laws, or an opinion of counsel satisfactory to counsel
    to the SimplePons, Inc. that an exemption from registration under the act and any applicable state securities laws is
    available.”

 

4.          Expenses.  The Advisor shall
be responsible for all expenses incurred by him in the performance of the Services hereunder and he is not entitled to a reimbursement
by the Company for any such expenses incurred by him in the performance of his duties hereunder; provided, however, should
the Advisor be requested to travel on the Company's behalf, the Company shall pay all reasonable travel expenses of Advisor upon
prior agreement of the parties.

 

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5.          Return of Documents. On termination
of this Agreement or at any time upon the request of Company, Advisor shall return to Company all documents, including all copies
thereof, and all other property relating to the business of Company and/or its affiliates, including without limitation, the Confidential
Information (as hereinafter defined), in his possession or control.

 

6.          Amendment or Assignment.  No
modification, waiver, amendment, discharge or change of this Agreement shall be valid unless the same is evidenced by a written
instrument, executed by the party against which such modification, waiver, amendment, discharge or change is sought. This Agreement
is not assignable by the Advisor without the prior written consent of the Company, which such consent may not be forthcoming.

 

7.          Confidentiality. 

 

 (a)          In connection with the performance of the
Services contemplated by this Agreement, the Advisor may gain access to Confidential Information (as hereinafter defined) of the
Company. Confidential Information includes information communicated orally, in writing, by electronic or magnetic media, by visual
observation, or by other means, and may be marked confidential or proprietary, or bear a marking of like import, or which the Company
states to be confidential or proprietary, or which would logically be considered confidential or proprietary under circumstances
of its disclosure known to Advisor. No rights or licenses to trademarks, inventions, copyrights, patents or any other intellectual
property rights are implied or granted under this Agreement or by the conveying of Confidential Information to Advisor.

 

(b)         The Advisor acknowledges and understands
that (i) Confidential Information provides the Company with a competitive advantage (or that could be used to the disadvantage
of the Company by a competitor), (ii) the Company has a continuing interest in maintaining the confidentiality of Confidential
Information and (iii) the Company has a compelling business interest in preventing unfair competition stemming from the use or
disclosure of Confidential Information.

 

(c)
         For purposes hereof, “Confidential Information” includes,
but is not limited to, information pertaining to business plans, joint venture agreements, licensing agreements, financial
information, contracts, customers, products, trade secrets, specifications, designs, plans, drawings, software, data,
prototypes, processes, methods, research, development or other information relating to the business activities and
operations of the Company.

 

(d)
        The Advisor agrees to keep Confidential Information confidential and, except as
authorized by the Company, in writing, Advisor shall not, directly or indirectly, use Confidential Information for any reason
except to perform the Services under this Agreement. The Advisor acknowledges that such Confidential Information could be
deemed to be material non-public information that is not generally available to the public. The Advisor further acknowledges
his understanding that federal securities laws strictly prohibit any person who obtains inside information, and has a duty
not to disclose it such as the Advisor, from using the information in connection with the purchase or sale of securities.

 

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(e)          The restrictions in subsection (d) of this
Section shall not apply to any Confidential Information if Advisor can demonstrate that the Confidential Information: (i) is or
becomes available to the public through no breach of this Agreement; (ii) was previously known by Advisor without any obligation
to hold it in confidence; (iii) is received from a third party free to disclose such information without restriction; (iv) is independently
developed by Advisor without the use of the Confidential Information; (v) is approved for release by written authorization of the
Company; (vi) is required by law or regulation to be disclosed, but only to the extent and for the purposes of such required disclosure;
or (vii) is disclosed in response to a valid order of a court or lawful request of a governmental agency, but only to the extent
of and for the purposes of such order or request, provided that Advisor notifies the Company of the order or request ten (10) days
prior to disclosure and permits the Company to seek an appropriate protective order.

 

8.          Waiver. Unless agreed in writing,
the failure of either party, at any time, to require performance by the other of any provisions hereunder shall not affect its
right thereafter to enforce the same, nor shall a waiver by either party of any breach of any provision hereof be taken or held
to be a waiver of any other preceding or succeeding breach of any term or provision of this Agreement. No extension of time for
the performance of any obligation or act shall be deemed to be an extension of time for the performance of any other obligation
or act hereunder.

 

9.          Notices. All notices, demands
or other communications given hereunder shall be in writing and shall be deemed to have been duly given on the day when delivered
in person or transmitted by confirmed facsimile transmission or on the third (3rd) calendar day after being mailed by United States
registered or certified mail, return receipt requested, postage prepaid, to the addresses hereinabove first mentioned or to such
other address as any party hereto shall designate to the other for such purpose in the manner herein set forth.

 

10.         Entire Agreement. This Agreement contains all of the understandings
and agreements of the parties with respect to the subject matter discussed herein. All prior agreements, whether written or
oral, are merged herein and shall be of no force or effect.

 

11.
       Survival. Any termination of this Agreement shall not, however,
affect the ongoing provisions of this Agreement which shall survive such termination in accordance with their terms.

 

12.         Severability.  The invalidity,
illegality or unenforceability of any provision or provisions of this Agreement will not affect any other provision of this Agreement,
which will remain in full force and effect, nor will the invalidity, illegality or unenforceability of a portion of any provision
of this Agreement affect the balance of such provision. In the event that any one or more of the provisions contained in this Agreement
or any portion thereof shall for any reason be held to be invalid, illegal or unenforceable in any respect, this Agreement shall
be reformed, construed and enforced as if such invalid, illegal or unenforceable provision had never been contained herein.

 

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13.       Governing Law. This Agreement
shall become valid when executed and accepted by Company. This Agreement shall be construed in accordance with the laws of the
State of Florida, without an application of the principles of conflicts of laws. Anything in this Agreement to the contrary notwithstanding,
the Advisor shall conduct the Advisor's business in a lawful manner and faithfully comply with applicable laws or regulations of
the state, city or other political subdivision in which the Advisor is located. 

 

14.        Enforcement.  Any suit, action
or proceeding with respect to this Agreement shall be brought in the state or federal courts located in Palm Beach County in the
State of Florida. The parties hereto hereby accept the exclusive jurisdiction and venue of those courts for the purpose of any
such suit, action or proceeding. The parties hereto hereby irrevocably waive, to the fullest extent permitted by law, any objection
that any of them may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating
to this Agreement or any judgment entered by any court in respect thereof brought in Palm County, Florida, and hereby further irrevocably
waive any claim that any suit, action or proceeding brought in Palm Beach County, Florida has been brought in an inconvenient form.

 

15.        Binding Nature, No Third Party Beneficiary.
The terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties, and their respective
successors and assigns. This Agreement is not assignable by the Advisor without the prior written consent of the Company.

 

16.        Counterparts.  This Agreement
may be executed in any number of counterparts, including facsimile signatures which shall be deemed as original signatures. All
executed counterparts shall constitute one agreement, notwithstanding that all signatories are not signatories to the original
or the same counterpart.

 

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

 

	 	THE COMPANY
	 	 	 
	 	SIMPLEPONS, INC.
	 	 	 
	 	 By:	 /s/ Brian John
	 	 	Brian John, President
	 	 	 
	 	 	/s/ Dr. David Greenfield
	 	 	Dr. David Greenfield

 

5EXHIBIT 10.1

 

EXCHANGE AGREEMENT

 

This Exchange Agreement (this “Agreement”)
is entered into and effective as of July 13, 2012 (the “Effective Date”) by and between Clean Wind Energy Tower, Inc.
, a Nevada corporation (the “Company”), and Doji Capital Inc., a corporation who is a California resident (the “Holder”).

 

WHEREAS, the Holder is the holder
of that certain Promissory Note, in principal amount of $25,000.00, issued by the Company to the Holder (as Lender thereunder),
issued on and dated July 13, 2012, a copy of which is attached hereto as Exhibit A (the “Promissory Note”).

 

WHEREAS, the entire principal amount
of the Promissory Note was due and payable on July 16, 2012, and no amount thereof has been paid as of the Effective Date.

 

WHEREAS, the Company is presently
unable to pay the balance owed under the Promissory Note.

 

WHEREAS, pursuant to Section 3(a)(9)
of the Securities Act of 1933, as amended (the “Act”), the Company desires to exchange with the Holder, and the Holder
desires to exchange with the Company, the remaining principal amount of the Promissory Note and all amounts owed thereunder for
shares of Common Stock, on the terms and conditions of and as more fully described in this Agreement. Simultaneous with this Agreement,
the Company is entering into a similar exchange agreement with another shareholder of the Company.

 

NOW, THEREFORE, in consideration
of the mutual covenants contained in this Agreement, and for other good and valuable consideration the receipt and adequacy of
which are hereby acknowledged, the Company and the Holder agree as follows:

 

1.Exchange of Note
for Shares. On the Effective Date, the Holder will transfer and deliver the entire Promissory Note to the Company and
the Company will issue to Holder 5,000,000 (Five million) shares of Common Stock, such shares together with the shares being issued
to the other shareholder referenced above being approximately equal to (but under no circumstance whatsoever more than) 9.99% of
the total number of shares of Common Stock outstanding on the Effective Date (the “Exchange Shares”), in exchange for
such portion of the Promissory Note and all rights thereunder plus any and all claims arising out of or relating to such portion
of the Promissory Note, including without limitation any accrued but unpaid interest thereon and any right to receive a pro rata
portion of the fruits of 50% from designated well. The exchanged portion of the Promissory Note shall be cancelled for all purposes
as of the Effective Date, whether or not the original is returned to the Company for cancelation. The number of Exchange Shares
delivered pursuant to this Section 1 is subject to adjustment as set forth in Section 2.

 

2.Delivery of Exchange
Shares. All Exchange Shares shall be duly authorized, validly issued, fully paid, non-assessable and free of any pre-emptive
rights. All Exchange Shares shall be issued by the Company in electronic form, freely tradable, without restriction on resale,
and credited immediately by the Company to the Deposit/Withdrawal at Custodian (DWAC) account with Depository Trust Company (DTC)
under its Fast Automated Securities Transfer (FAST) Program specified by the Holder or its designee, time being of the essence.

 

3.Representations
and Warranties of Company. The Company hereby makes the following representations and warranties to the Holder, with the understanding
and acknowledgment that the Holder will rely on such representations and warranties in effecting transactions in securities of
the Company:

 

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(a)Power and Authority.
The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Nevada. The
Company has the corporate power and authority to execute, deliver and perform all of its obligations under the Agreement, and to
issue, sell and deliver the Exchange Shares. The execution, delivery and performance of the Agreement have been duly authorized
by all necessary corporate action on the part of the Company and the Agreement has been duly executed and delivered by the Company.

 

(b)Exchange Shares.
As of the Effective Date, there are 238,009,917 shares of Common Stock issued and outstanding. The Exchange Shares are duly authorized,
validly issued, fully paid and non-assessable. The issuance of the Exchange Shares is not and will not be subject to any statutory
or contractual preemptive rights of any stockholder of the Company. The Exchange Shares are being issued to the Holder by the Company
in compliance with all applicable federal and state securities laws and regulations. The Holder acquired and fully paid for the
Exchange Shares on July 18, 2012 by purchasing the Promissory Note for cash. The Exchange Shares are freely tradable, without restriction
on resale, pursuant to Rule 144 as promulgated under the Act, as the date of issuance of the Exchange Shares will tack to the initial
issuance date of the Promissory Note. The resale of the Exchange Shares by the Holder will not conflict with or result in a violation
of Section 5 of the Act including any rules or regulations promulgated thereunder.

 

(c)No Liens.
The Exchange Shares are free and clear of all pledges, security interests, liens, charges, encumbrances, agreements, claims, rights
of first refusal, preemptive rights, or other restrictions and options of whatever nature (collectively, “Liens”).
Upon consummation of the transaction contemplated hereby, the Holder will acquire good and valid title to the Exchange Shares free
and clear of all Liens.

 

(d)No Conflicts.
The execution and delivery of the Agreement by the Company does not, and the Company’s performance of its obligations hereunder
will not (i) violate the certificate of incorporation, bylaws, or other organizational or governing documents of Company, as in
effect on the date hereof, (ii) violate in any material respect any federal or state law, rule or regulation, or judgment, order
or decree of any state or federal court or governmental or administrative authority, in each case that is applicable to the Company
or its properties or assets and which could have a material adverse effect on the Company’s business, properties, assets,
financial condition or results of operations or prevent the performance by the Company of the Agreement, or (iii) require the authorization,
consent, approval of or other action of, notice to or filing or qualification with, any state or federal governmental authority.

 

(e)Listing Requirements.
The Company is not in violation of the listing requirements of the stock exchange upon which the Common Stock is listed and has
no knowledge of any facts that would reasonably lead to delisting or suspension of the Common Stock in the foreseeable future.

 

(f)No Registration.
The exchange of the Promissory Note for the Exchange Shares is being consummated without registration under the Act pursuant to
the exemption from registration contained in Section 3(a)(9) of the Act. The Company has not engaged in any general solicitation
or engaged or agreed to compensate any broker or agent in connection with the transactions contemplated by this Agreement. None
of the Company, its subsidiaries, any of their affiliates, and any person acting on their behalf has, directly or indirectly, made
any offers or sales of any security or solicited any offers to buy any security, under circumstances that would require registration
of any of the Exchange Shares under the Act.

 

(g)No Integration.
None of the Company, its subsidiaries, any of their affiliates, and any person acting on their behalf has, directly or indirectly,
made any offers or sales of any security or solicited any offers to buy any security, under circumstances that would cause the
exchange transaction contemplated by this Agreement to be integrated with any prior or contemporaneous offerings by the Company
for purposes of Act. None of the Company, its subsidiaries, their affiliates, and any person acting on their behalf will take any
action referred to in the preceding sentence that would require registration of any of the Exchange Shares under the Act or cause
the exchange transaction contemplated by this Agreement to be integrated with any prior or contemporaneous offerings of the Company.

 

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(h)No Litigation.
There is no action, suit, inquiry, notice of violation, proceeding or investigation pending or, to the knowledge of the Company,
threatened against or affecting the Company, its affiliates, or any of their respective properties, or the Exchange Shares, before
or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal, state, county, local or foreign)
(collectively, an “Action”), which adversely affects or challenges, or could adversely affect or challenge, the legality,
validity or enforceability of this Agreement or the Exchange Shares. The Company has not been the subject of any Action involving
a claim of violation of or liability under federal or state securities laws or a claim of breach of fiduciary duty. There has not
been, and to the knowledge of the Company there is not pending or contemplated, any investigation by the Securities and Exchange
Commission (“SEC”) involving the Company or any of its officers or directors.

 

(i)SEC Filings.
The Company is current in its filings of all reports, schedules, forms, statements, and other documents required to be filed by
it with the SEC, and all such reports were true, complete and accurate in all material respects on the date of filing thereof,
and none contained a false statement of material fact, or failed to state a material fact necessary to make any of the statements
therein not misleading.

 

4.Representations
and Warranties of Holder. The Holder hereby makes the following representations and warranties to the Company:

 

(a)The Holder is the
sole legal and beneficial owner of the Promissory Note free and clear of any Liens or any claims of third parties. The Holder has
owned the Promissory Note beneficially and of record since August 8, 2008, the date of its original acquisition from the Company.
The consideration paid by the Holder for the Promissory Note was cash.

 

(b)The Holder is an
“accredited investor” as defined in Regulation D under the Act.

 

(c)The Holder has made
all investigations that the Holder deems necessary or desirable in connection with the transactions contemplated by this Agreement
and has had an opportunity to ask questions of and receive answers from the Company and, alone or together with the Holder’s
advisors, has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks
of the Holder’s investment in the Exchange Shares.

 

(d)The Holder is not
now, and has not at any time been, an officer, director, or more than 10% shareholder of the Company or in any other way an “affiliate”
of the Company as that term is defined in Rule 144(a)(1) under the Act.

 

(e)The Holder is not
aware of or in possession of any material, non-public information about the Company.

 

5.Disclosure of
Transaction. The Company shall, on or before 8:30 a.m. Eastern time on the first business day after the Effective Date, issue
a press release and Current Report on Form 8-K disclosing all material terms of the transactions contemplated hereby and attaching
this Agreement as an exhibit.

 

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6.Miscellaneous.

 

(a)Further Assurances.
Each party hereto shall promptly execute and deliver such further agreements and instruments, and take such further actions, as
the other party may reasonably request in order to carry out the purpose and intent of this Agreement.

 

(b)Notices. All
notices, requests, demands and other communications hereunder shall be in writing and shall be deemed given if delivered personally
or by facsimile transmission (with subsequent letter confirmation by mail) or two days after being mailed by certified or registered
mail, postage prepaid, return receipt requested, to the parties, their successors in interest or their assignees at the addresses
set forth following the signature page hereto or at such other addresses as the parties may designate by written notice in the
manner aforesaid.

 

(c)Arbitration.
Any controversy, claim, or counterclaim arising from this agreement shall be submitted to and decided by final and binding arbitration
by a single arbitrator administered in San Diego, California by the American Arbitration Association under its commercial rules.

 

(i)The prevailing
Company in such dispute shall be entitled to recover from the other Company all reasonable costs and fees of enforcing any right
of the prevailing Company including, without limitation, any American Arbitration Association administration fee, the arbitrator’s
fee, costs for the use of facilities during the hearings, expert fees, accountant’s fees and expenses, and attorneys’
fees and expenses. The arbitrator shall decide if such costs and fees are awarded to the prevailing Company.

 

(ii)Within 15 days
after the commencement of any arbitration, the parties to the dispute shall each select names from a list of retired judges of
the California Superior Court, or any higher California court, provided by the American Arbitration Association, and list such
proposed arbitrators in order of preference, and submit such list to the American Arbitration Association, which shall then appoint
one arbitrator based on such submissions. The arbitrator shall have the discretion to order a pre-hearing exchange of information
by the parties, including without limitation, production of requested documents, exchange of summaries of testimony of proposed
witnesses, and examination by deposition of the parties.

 

(iii)The
arbitration shall generally be administered in accordance with the American Arbitration Association’s Commercial Arbitration
Rules. The provisions of Sections 1282.6, 1283, and 1283.05 of the California Code of Civil Procedure apply to the arbitration.
The arbitrator shall have the authority to award any remedy or relief that a court of the State of California could order or grant,
including, without limitation, specific performance of any obligation created under this Agreement, the issuance of an injunction,
or the imposition of sanctions for abuse or frustration of the arbitration process. The arbitrator, however, will have no authority
to award punitive damages, and each Company hereby irrevocably waives any right to recover such damages with respect to any issue
resolved by arbitration, and the arbitrator may not, in any event, either make any ruling, finding or award that does not conform
to the terms and conditions of this Agreement, or alter, amend, modify or change any of the terms of this Agreement. The arbitrator’s
decision shall be rendered within 30 days after the conclusion of the arbitration hearing, and the arbitrator shall make findings
of fact and shall set forth the reasons and legal bases for the decision. Such arbitrator’s decision shall be final and binding
on the parties and shall not be subject to judicial review, and a judgment upon the decision rendered may be entered in any court
having jurisdiction thereof.

 

 

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(d)Execution.
This Agreement may be executed in two or more counterparts, all of which when taken together shall be considered one and the same
agreement. In the event that any signature is delivered by facsimile or other electronic transmission, such signature shall create
a valid and binding obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect
as if such facsimile or other electronic signature page were an original thereof.

 

(e)Expenses.
Except as otherwise set forth in Section 2 hereof, each party hereto shall bear its own costs and expenses, including, without
limitation, attorneys’ fees, incurred in connection with this Agreement and the transactions contemplated hereby.

 

(f)Complete Agreement.
This Agreement, together with the exhibits hereto, contains the entire agreement and understanding of the parties, and supersedes
all prior and contemporaneous agreements, term sheets, letters, discussions, communications and understandings, both oral and written,
which the parties acknowledge have been merged into this Agreement. No party, representative, attorney or agent has relied upon
any collateral contract, agreement, assurance, promise, understanding or representation not expressly set forth hereinabove. The
parties hereby expressly waive all rights and remedies, at law and in equity, directly or indirectly arising out of or relating
to, or which may arise as a result of, any person or entity’s reliance on any such assurance.

 

(g)Severability.
In the event that any provision of this Agreement is invalid or unenforceable under any applicable statute or rule of law, then
such provision shall be deemed inoperative to the extent that it may conflict therewith and shall be deemed modified to conform
with such statute or rule of law. Any provision hereof which may prove invalid or unenforceable under any law shall not affect
the validity or enforceability of any other provision hereof.

 

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IN WITNESS WHEREOF, the
parties hereto have caused this Exchange Agreement to be duly executed by their respective authorized signatories as of the date
first indicated above.

 

Company:

 

Clean Wind Energy Tower, Inc.

 

 

By: /s/Ron Pickett

 

Name: Ron Pickett

 

Title: CEO, President

 

 

Holder:

 

Doji Capital Inc

 

 

By: /s/Paul M. Talbot

 

Name: Paul M. Talbot

 

Title: President

 

 

 

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