Document:

EX-10.39

 Exhibit 10.39 

GINKGO BIOWORKS HOLDINGS, INC. 

NON-EMPLOYEE DIRECTOR COMPENSATION
PROGRAM 
 Non-employee members of the board of directors (the “Board”)
of Ginkgo Bioworks Holdings, Inc. (the “Company”) shall receive cash and equity compensation as set forth in this Non-Employee Director Compensation Program (this
“Program”). The cash and equity compensation described in this Program shall be paid or be made, as applicable, automatically and without further action of the Board, to each member of the Board who is not an employee of the
Company or any parent or subsidiary of the Company (each, a “Non-Employee Director”) who is entitled to receive such cash or equity compensation, unless such Non-Employee Director declines the receipt of such cash or equity compensation by written notice to the Company. This Program shall remain in effect until it is revised or rescinded by further action of the Board.
This Program may be amended, modified or terminated by the Board at any time in its sole discretion. The terms and conditions of this Program shall supersede any prior cash and/or equity compensation arrangements for service as a member of the Board
between the Company, Soaring Eagle Acquisition Corp. (“SRNG”) or Ginkgo Bioworks, Inc. and any Non-Employee Directors, except for equity compensation previously granted. This Program
shall become effective on the date of the closing of the transactions contemplated by that certain Agreement and Plan of Merger, dated as of May 11, 2021, by and among SRNG, SEAC Merger Sub Inc., and Ginkgo Bioworks, Inc. (the
“Effective Date”). The Board may permit Non-Employee Directors to elect to receive equity compensation in lieu of cash compensation. 

CASH COMPENSATION 
 The
schedule of annual retainers (the “Annual Retainers”) for the Non-Employee Directors is as follows: 
  

					
	 Position
	  	Amount	 
	 Base Board Fee
	  	$	50,000	 
	 Chair of the Board
	  	$	36,000	 
	 Lead Independent Director
	  	$	25,000	 
	 Chair of Audit Committee
	  	$	20,000	 
	 Chair of Compensation Committee
	  	$	15,000	 
	 Chair of Nominating and Corporate Governance Committee
	  	$	10,000	 
	 Member of Audit Committee (non-Chair)
	  	$	10,000	 
	 Member of Compensation Committee (non-Chair)
	  	$	7,500	 
	 Member of Nominating and Corporate Governance Committee
(non-Chair)
	  	$	5,000	 

  
 1 

 For the avoidance of doubt, the Annual Retainers in the table above are additive and a Non-Employee Director shall be eligible to earn an Annual Retainer for each position in which he or she serves. The Annual Retainers shall be earned on a quarterly basis based on a calendar quarter and shall be paid
in cash by the Company in arrears not later than the fifteenth day following the end of each calendar quarter. In the event a Non-Employee Director does not serve as a
Non-Employee Director, or in the applicable position, for an entire calendar quarter, the Annual Retainer paid to such Non-Employee Director shall be prorated for the
portion of such calendar quarter actually served as a Non-Employee Director, or in such position, as applicable. In addition, the Annual Retainers will be prorated for the first calendar quarter in which the
Effective Date occurs, which proration will be based on the number of days of the calendar quarter remaining in such quarter after the Effective Date. 

EQUITY COMPENSATION 

Subject to the limitations below, each Non-Employee Director shall be granted (i) options to purchase shares of
the Company’s Class A common stock (each, an “Option”) having an aggregate Grant Date Fair Value (as defined below) as set forth in the following table, with any partial shares that result being rounded down to the
nearest whole share and (ii) a number of restricted stock units (“RSUs”) determined by dividing the amount set forth in the table below by the Fair Market Value (as defined in the Equity Plan; provided, that,
“Fair Market Value” on the Effective Date shall be based on the closing sales price for the Company’s Class A common stock on the Effective Date for purposes of this Program) on the date of grant, with any partial shares that
result being rounded down to the nearest whole share. The Options and RSUs shall be granted under and subject to the terms and provisions of the Company’s 2021 Incentive Award Plan or any other applicable Company equity incentive plan
then-maintained by the Company (the “Equity Plan”) and shall be subject to award agreements, including any exhibits attached to the award agreements, in substantially the forms previously approved by the Board. 

 

					
	 Equity Award
	  	Amount*	 
	 Initial Awards
	  			
	 Initial Option
	  	$	400,000	 
	 Additional Initial Option
	  	$	200,000	 
	 Additional Initial RSU
	  	$	200,000	 
	 Subsequent Awards
	  			
	 Subsequent Option
	  	$	200,000	 
	 Subsequent RSU
	  	$	200,000	 

  
 2 

 * For purposes of an equity award that is an Option, the amount shown in the table refers to
the Grant Date Fair Value. “Grant Date Fair Value” shall mean, with respect to an Option, the per share fair value of the Option determined as of the Option’s date of grant by the Company’s Chief Accounting Officer
or Chief Financial Officer using the Black-Scholes or another option pricing model and using as inputs into such model (i) the Fair Market Value of a share of the Company’s Class A common stock on the Option’s date of grant and
(ii) such other assumptions as reasonably determined by the Chief Accounting Officer or Chief Financial Officer prior to the Option’s date of grant. 

A. Initial Awards. Each Non-Employee Director who is initially elected or appointed to the Board
on or after the Effective Date (excluding any Non-Employee Director who was appointed by SRNG to serve on the Board or any Non-Employee Director who was a member of the
Board of Directors of SRNG or Ginkgo Bioworks, Inc. prior to the Effective Date) shall receive the Initial Awards on the date of such initial election or appointment (such date, the “Initial Service Date”); provided, that,
the Additional Initial RSU that is related to an Initial Service Date that occurs prior to the filing of the Company’s Registration Statement on Form S-8 relating to the Equity Plan shall not be granted
on the date of such Initial Service Date and shall instead be automatically granted on the date such Form S-8 becomes effective, subject to the Non-Employee
Director’s continued service to the Company as a Non-Employee Director on such date. Notwithstanding the foregoing, in the event the Initial Service Date does not occur on the same date as an annual
meeting of the Company’s stockholders (the “Annual Meeting”), the value of the Additional Initial Option and the Additional Initial RSU shall be Prorated. “Prorated” means the product determined
by multiplying (i) the value of the Additional Initial Option and the Additional Initial RSU, by (ii) a fraction, the numerator of which is equal to (x) 365 minus (y) the number of days since the most recent Annual Meeting as of
the Initial Service Date, and the denominator of which is 365; provided, that, if the Initial Service Date occurs on or after the Effective Date and prior to the first Annual Meeting that occurs after the Effective Date, the term
“Annual Meeting” in clause (y) shall mean May 15, 2021. No Non-Employee Director shall be granted the Initial Awards more than once. 

B. Subsequent Awards. A Non-Employee Director who (i) has been serving as a Non-Employee Director on the Board as of the date of any Annual Meeting after the Effective Date and (ii) will continue to serve as a Non-Employee Director immediately
following such meeting, shall be automatically granted the Subsequent Awards on the date of such Annual Meeting. For the avoidance of doubt, a Non-Employee Director elected for the first time to the Board at
an Annual Meeting of the Company’s stockholders shall only receive the Initial Awards in connection with such election, and shall not receive any Subsequent Awards on the date of such meeting as well. 

C. Termination of Employment of Employee Directors. Members of the Board who are employees of the Company or any parent or subsidiary of
the Company who subsequently terminate their employment with the Company and any parent or subsidiary of the Company and remain on the Board will not receive the Initial Awards, but to the extent that they are otherwise entitled, will receive, after
termination of employment with the Company and any parent or subsidiary of the Company, Subsequent Awards. 

  
 3 

 D. Terms of Awards Granted to Non-Employee
Directors. 
 1. Exercise Price. The per-share exercise price of each Option granted to a
Non-Employee Director shall equal the Fair Market Value of a share of the Company’s Class A common stock on the date the Option is granted. 

2. Vesting. 
 a.
Initial Awards. Each Initial Option shall vest and become exercisable in substantially equal installments on each of the first three anniversaries of the date of grant, such that the Initial Option shall be fully vested on the third anniversary
of the date of grant. Each Additional Initial Option and the Additional Initial RSUs shall vest and, with respect to the Additional Initial Option, become exercisable, on the day immediately prior to the next Annual Meeting occurring after the
Initial Service Date. Vesting of each Initial Award is subject to the Non-Employee Director continuing in service as a Non-Employee Director through each such vesting
date. 
 b. Subsequent Awards. Each Subsequent Award shall vest and, with respect to the Subsequent Option, become exercisable, on
the earlier of the first anniversary of the date of grant or the day immediately prior to the date of the next Annual Meeting occurring after the date of grant, in either case, subject to the Non-Employee
Director continuing in service as a Non-Employee Director through such vesting date. 
 c.
Forfeiture of Awards. Unless the Board otherwise determines, any portion of an Initial Award or Subsequent Award which is unvested or unexercisable at the time of a Non-Employee Director’s termination
of service on the Board as a Non-Employee Director shall be immediately forfeited upon such termination of service and shall not thereafter become vested and, as applicable, exercisable. All of a Non-Employee Director’s Initial Awards and Subsequent Awards shall vest in full immediately prior to the occurrence of a Change in Control (as defined in the Equity Plan), to the extent outstanding at such
time. 
 3. Term. The maximum term of each Option granted to a Non-Employee Director
hereunder shall be ten (10) years from the date the Option is granted. 
 * * * * * 

  
 4REORGANIZATION AND STOCK PURCHASE
AGREEMENT

 

BY AND
BETWEEN CANNAGISTICS, INC., AVAILA BIO, INC. AND

CANNAWORX,
INC.

T/B/K/A

THE INTEGRITY WELLNESS
GROUP, INC.

 

July 1st, 2021

 

    	 		 

    	 

    

 

REORGANIZATION AND STOCK PURCHASE
AGREEMENT

 

This REORGANIZATION
AND STOCK PURCHASE AGREEMENT (the “Agreement”) is dated as of July 1st, 2021 (the “Effective
Date”), by and among Cannagistics, Inc., a DE corporation (“CNGT”), Availa Bio, Inc.,
a NV corporation (“AVAILA”) and Cannaworx, Inc. t/b/k/a The Integrity Wellness Group, Inc. (“Cannaworx”),
on the other hand. Each of CNGT, AVAILA, and the Cannaworx shall be referred to herein as a “Party” and collectively
as the “Parties.”

W I T N E S S E T H

 

WHEREAS, AVAILA own 100% of the outstanding shares of Cannaworx’s
outstanding common stock.

 

WHEREAS, AVAILA desires to sell and CNGT desires to purchase
all of the AVAILA’s shares of Cannaworx in accordance with the terms set forth herein;

 

WHEREAS, the Parties desire and intend that the transactions
contemplated by this Agreement will be a tax- free reorganization under Section 368(a)(1)(B) of the Internal Revenue Code of 1986, as
amended.

 

NOW THEREFORE, in consideration of the premises and respective
mutual agreements, covenants, representations and warranties herein contained, it is agreed between the Parties hereto as follows:

 

ARTICLE 1

SALE AND PURCHASE OF THE AVAILA
SHARES

 

1.1                
Sale of the Cannaworx Shares. At the Closing (as defined in Section 4.1), subject to the terms
and conditions herein set forth, and on the basis of the representations, warranties and agreements herein contained, AVAILA shall sell
to CNGT and CNGT shall purchase from AVAILA, all of the Cannaworx Shares.

 

1.2                
Purchase Price. As consideration for the purchase of the Cannaworx Shares (the “Purchase
Price”), CNGT shall issue AVAILA 4,400,000 shares of CNGT Convertible Preferred “F” stock. The Convertible Preferred
“F” and the Convertible Non-Voting Preferred “E” stock certificate of designations are attached hereto as Exhibit
“A”. Cannaworx shall become a subsidiary of CNGT.

 

ARTICLE 2

REPRESENTATIONS AND
WARRANTIES

OF AVAILA AND CANNAWORX

 

2.1                
Representations and Warranties of AVAILA and the Cannaworx. To induce CNGT to enter into this
Agreement and to consummate the transactions contemplated hereby, AVAILA and Cannaworx, and each of them, represent and warrant as of
the date hereof and as of the Closing, as follows:

 

2.1.1           
Authority of AVAILA and the Cannaworx; Transfer of Cannaworx Shares. AVAILA and Cannaworx
have the full right, power and authority to enter into this Agreement and to carry out and consummate the transactions contemplated herein.
This Agreement, and all of the Exhibits attached hereto, constitutes the legal, valid and binding obligation of AVAILA and Cannaworx.
AVAILA shall transfer title in and to the Cannaworx Shares to CNGT free and clear of all liens, security, pledges, encumbrances, charges,
restrictions, demands, and claims of any kind or nature whatsoever, whether direct or indirect or contingent.

 

2.1.2           
Existence of Cannaworx. Cannaworx is
duly organized, validly existing, and in good standing under the laws of the state of Delaware. It has all requisite power, franchises,
licenses, permits and authority to own its properties and assets and to carry on its business as it has been and is being conducted. It
is in good standing in each state, nation or other jurisdiction wherein the character of the current business transacted by it makes such
qualification necessary.

 

    	 	2	 

    	 

    

 

2.1.3           
Capitalization of Cannaworx. The authorized equity securities of Cannaworx consist of 10,000
common Shares of which 100 common shares are issued and outstanding. No other Shares of Cannaworx are issued and outstanding. All of the
issued and outstanding Shares have been duly and validly issued in accordance and compliance with all applicable laws, rules and regulations
and are fully paid and non- assessable. There are no options, warrants, rights, calls, commitments, plans, contracts or other agreements
of any character granted or issued by Cannaworx which provide for the purchase, issuance or transfer of any Shares of Cannaworx nor are
there any outstanding securities granted or issued by Cannaworx that are convertible into any Shares
of Cannaworx, and none are authorized. Cannaworx is not obligated or committed to purchase, redeem or otherwise acquire any of
its equity. All presently exercisable voting rights in Cannaworx are vested exclusively in its outstanding Shares, which voting rights
are apportioned in accordance with each AVAILA respective ownership percentage of the Shares, and other than as may be contemplated by
this Agreement, there are no voting trusts or other voting arrangements with respect to any of Cannaworx’s equity securities.

 

2.1.4          
Execution of Agreement. The execution and delivery of this Agreement does not, and the consummation
of the transactions contemplated hereby will not: (a) violate, conflict with, modify or cause any default under or acceleration of (or
give any Party any right to declare any default or acceleration upon notice or passage of time or both), in whole or in part, any charter,
article of incorporation, bylaw, mortgage, lien, deed of trust, indenture, lease, agreement, instrument, order, injunction, decree, judgment,
law or any other restriction of any kind to which Cannaworx or AVAILA are a party or by which any of them or any of their properties are
bound; (b) result in the creation of any security, lien, encumbrance, adverse claim, proscription or restriction on any property or asset
(whether real, personal, mixed, tangible or intangible), right, contract, agreement or business of AVAILA or Cannaworx; (c) violate any
law, rule or regulation of any federal or state regulatory agency; or (d) permit any federal or state regulatory agency to impose any
restrictions or limitations of any nature on AVAILA or Cannaworx or any of their respective actions.

 

2.1.5           
All taxes, assessments, fees, penalties, and other governmental charges with respect to Cannaworx
have been paid

 

2.1.6           
Books and Records. Cannaworx keeps its books, records and accounts (including, without limitation,
in accordance with all applicable laws and regulations.

 

2.1.7           
CNGT Shares to be Restricted Securities. AVAILA acknowledges that the CNGT Preferred Shares
will be “restricted securities” (as such term is defined in Rule 144 promulgated under the Securities Act of 1933, as amended
(“Rule 144”), will include the customary restrictive legend, and, except as otherwise set forth in this Agreement,
that the shares cannot be sold for a period of at least one year from the date of issuance unless registered with the United States Securities
and Exchange Commission (the “SEC”) and qualified by appropriate state securities regulators, or unless AVAILA obtains
written consent from CNGT and otherwise complies with an exemption from such registration and qualification (including, without limitation,
compliance with Rule 144).

 

2.1.8             
Leases. Cannaworx either owns or has valid and existing leases with all facilities where its
offices are located or where any of Cannaworxs equipment or other assets are located.

 

2.1.9             
Employment and Consulting Agreements. AVAILA and/or Cannaworx shall execute Employment and/or
Consulting Agreements with Emerging Capital Strategies, LTD., James Morrison and Rob Gietl. The Employment and/or Consulting Agreements
are attached hereto as Exhibit “B”

 

		2.1.10	Trademark and all rights thereto for Cannaworx, domain and all rights
thereto.

 

2.1.11          
Cannaworx shall have no liabilities, shall be current in all tax filings, no litigation or
threatened litigation

 

    	 	3	 

    	 

    

 

ARTICLE 3

REPRESENTATIONS
AND WARRANTIES OF CNGT

 

3.1                
Representations and Warranties of CNGT. To induce AVAILA and Cannaworx to enter into this
Agreement and to consummate the transactions contemplated hereby, CNGT represents and warrants, as of the date hereof and as of the Closing,
as follows:

 

3.1.1           
Authority of CNGT. CNGT has the full right, power and authority to enter into this Agreement
and to carry out and consummate the transactions contemplated herein. This Agreement, and all of the Exhibits attached hereto, constitutes
the legal, valid and binding obligation of CNGT.

 

3.1.2           
Corporate Existence and Authority of CNGT. CNGT is a corporation duly organized, validly existing
and in good standing under the laws of the State of Delaware. It has all requisite corporate power, franchises, licenses, permits and
authority to own its properties and assets and to carry on its business as it has been and is being conducted. It is in good standing
in each state, nation or other jurisdiction in each state, nation or other jurisdiction wherein the character of the business transacted
by it makes such qualification necessary.

 

3.1.3           
Capitalization of CNGT. The authorized equity securities of CNGT consists of 500,000,000 shares
of common stock, no value per share, of which 185,166,659 common shares shall be issued
and outstanding as of the date hereof, and 20,000,000 shares of preferred stock, par value $0.001 per share, of which 10,000,000 are issued
and outstanding. No other shares of capital stock of CNGT are issued and outstanding. All of the issued and outstanding shares have been
duly and validly issued in accordance and compliance with all applicable laws, rules and regulations and are fully paid and nonassessable.
All presently exercisable voting rights in CNGT are vested exclusively in its outstanding shares of common stock, each share of which
is entitled to one vote on every matter to come before its Cannaworx. Other than as may be contemplated by this Agreement, there are no
voting trusts or other voting arrangements with respect to any of CNGT’s equity securities.

 

3.1.4           
Subsidiaries. CNGT has the following subsidiaries; Global3pl Logistics Technologies, Inc.,
Global Transitin Corp., Novi BioSciecne, Inc. and Global3pl, Inc.

 

3.1.5           
Execution of Agreement. The execution and delivery of this Agreement does not, and the consummation
of the transactions contemplated hereby will not: (a) violate, conflict with, modify or cause any default under or acceleration of (or
give any Party any right to declare any default or acceleration upon notice or passage of time or both), in whole or in part, any charter,
article of incorporation, bylaw, mortgage, lien, deed of trust, indenture, lease, agreement, instrument, order, injunction, decree, judgment,
law or any other restriction of any kind to which CNGT is a party or by which it or any of its properties are bound; (b) result in the
creation of any security , lien, encumbrance, adverse claim, proscription or restriction on any property
or asset (whether real, personal, mixed, tangible or intangible), right, contract, agreement or business of CNGT; (c) violate any
law, rule or regulation of any federal or state regulatory agency; or (d) permit any federal or state regulatory agency to impose any
restrictions or limitations of any nature on CNGT or any of its actions.

 

3.1.6             
Current Financial Information. CNGT shall be current in its financial reporting obligations
to The Securities and Exchange Commission (“SEC”) and OTC Markets. Said reports are available at https://www.otcmarkets.com/stock/CNGT/disclosure.
CNGT liabilities shall not exceed $50,000

 

3.1.7           
Solid Bridge Investments, Inc. shall exchange 2,000,000 Series D Preferred shares for 145,000,000
Common shares. Solid Bridge Investments, Inc. Exchange Agreement is attached hereto as Exhibit “C”

 

3.1.8           
Rob Gietl shall exchange 2,000,000 Series D Preferred shares for 145,000,000 Common shares. Rob Gietl
Exchange Agreement is attached hereto as Exhibit “D”

 

    	 	4	 

    	 

    

 

3.1.9             
Emerging Growth Advisors, Inc. shall exchange 6,000,000 Series D Preferred shares for 900,000 Series
E Convertible Preferred shares. Emerging Growth Advisors, Inc. Exchange Agreement is attached hereto as Exhibit “E”

 

3.1.10        
Preferred Series A, B, C and D shall be cancelled. Written Consent is attached hereto as Exhibit
“F”

 

3.1.11        
Employment and Consulting Agreements. CNGT shall execute Employment and/or Consulting Agreements
with Leonard Tucker, LLC., Cimarron Capital, Inc. and CKM Consulting, Inc. The Employment and/or Consulting Agreements are attached hereto
as Exhibit “B”

 

ARTICLE 4

CLOSING AND DELIVERY OF DOCUMENTS

 

4.1                
Closing. The Closing (the “Closing”) shall take place at the offices of
CNGT, on or about July 1st, 2021, or at such other place, date and time as the Parties may agree in writing (the “Closing
Date”).

 

		4.2	Deliveries by CNGT. At the Closing, CNGT shall deliver the following:

 

		4.2.1	CNGT shall deliver to AVAILA:

 

(a)                 
written consent of the approval of this Agreement and the herein described transactions by CNGT’s
Board of Directors. Written consent is attached hereto as Exhibit G.

 

(b)                 
an officer’s certificate, executed by the President of CNGT. Officers certificate is attached
hereto as Exhibit H.

 

(c)                  
the CNGT Preferred Shares subject to no liens, security, pledges, encumbrances, charges, restrictions,
demands or claims in any other party whatsoever shall be delivered as soon as practicable after closing;

 

		4.2.2	AVAILA shall deliver to CNGT:

 

(a)                 
written consent of the approval of this Agreement and the herein described transactions by AVAILA’s
Board of Directors. Written consent is attached hereto as Exhibit I.

 

(b)                 
an officer’s certificate, executed by the President of AVAILA. Officers certificate is attached
hereto as Exhibit J.

 

(c)                  
a confirmation of good standing, dated within ten (10) days prior to the Closing Date, evidencing
the good standing status of Cannaworx. Cannaworx confirmation of good standing is attached hereto as Exhibit K.

 

		(d)	the Cannaworx Financial statement. Cannaworx shall have 0 liabilities.

 

(e)                  
the Cannaworx Shares executed and ready for transfer subject to no liens, security, pledges, encumbrances,
charges, restrictions, demands or claims in any other party whatsoever. The Cannaworx Shares are attached hereto as Exhibit M.

 

ARTICLE 5

CONDITIONS, TERMINATION, AMENDMENT
AND WAIVER

 

5.1                
Conditions Precedent. This Agreement, and the transactions contemplated hereby, shall be subject
to the following conditions precedent:

 

    	 	5	 

    	 

    

 

5.1.1           
The obligation of CNGT to pay the Purchase Price and to satisfy its other obligations hereunder shall
be subject to the fulfillment (or waiver by CNGT), at or prior to the Closing, of the following conditions, which AVAILA agrees
to use its best efforts to cause to be fulfilled:

 

(a)                 
Representations, Performance. If the Closing Date is not the date hereof, the representations
and warranties contained in Section 2.1 hereof shall be true at and as of the date hereof and shall be repeated and shall be true at and
as of the Closing Date with the same effect as though made at and as of the Closing Date, except as affected by the transactions contemplated
hereby; AVAILA and Cannaworx shall have duly performed and complied with all agreements and conditions required by this Agreement to be
performed or complied with by it prior to or on the Closing Date; and AVAILA shall have delivered to CNGT a certificate dated the Closing
Date, and signed by its President to the effect set forth above in this section.

 

(b)                 
Consents. Any required consent to the transactions contemplated by this Agreement shall have
been obtained or waived.

 

(c)                  
Litigation. No suit, action, arbitration or other proceeding or investigation shall be threatened
or pending before any court or governmental agency in which it is sought to restrain or prohibit or to obtain material damages or other
material relief in connection with this Agreement or the consummation of the transactions contemplated hereby or which is likely to affect
materially the value of Cannaworx.

 

(d)                 
Proceedings and Documentation. All proceedings of Cannaworx in connection with the transactions
contemplated by this Agreement, and all documents and instruments incident to such proceedings, shall be satisfactory in form and substance
to CNGT and CNGT’s counsel, and CNGT and CNGT’s counsel shall have received all such receipts, documents and instruments,
or copies thereof, certified if requested, to which CNGT is entitled and as may be reasonably requested.

 

(e)                  
Property Loss. No portion of Cannaworx’s assets shall have been destroyed or damaged
or taken by condemnation under circumstances where the loss thereof will not be substantially reimbursed to CNGT through the proceeds
of applicable insurance or condemnation award.

 

(f)                  
Consents and Approvals. All material licenses, permits, consents, approvals, authorizations,
qualifications and orders of governmental or regulatory bodies which are (1) necessary to enable CNGT to fully
operate the business of Cannaworx as contemplated from and after the Closing shall have been obtained and be in full force and
effect, or (2) necessary for the consummation of the transactions contemplated hereby, shall have been obtained. Any notices to or consents
of any party to any agreement or commitment constituting part of the transactions contemplated hereby, or otherwise required to consummate
any such transactions, shall have been delivered or obtained.

 

(g)                  
As of the Closing Date, Cannaworx does not have a bank account, does not have any outstanding debits
and/or credits, and all accounts payable if any will have been timely paid in accordance with their terms.

 

5.1.2           
The obligation of AVAILA to deliver the Cannaworx Shares and to satisfy their other obligations hereunder
shall be subject to the fulfillment (or waiver by AVAILA and Cannaworx), at or prior to the Closing, of the following conditions, which
AVAILA agrees to use its best efforts to cause to be fulfilled:

 

(a)                 
Representations, Performance. If the Closing Date is not the date hereof, the representations
and warranties contained in Section 3.1 hereof shall be true at and as of the date hereof and shall be repeated and shall be true at and
as of the Closing Date with the same effect as though made at and as of the Closing Date, except as affected by the transactions contemplated
hereby; AVAILA shall have duly performed and complied with all agreements and conditions required by this Agreement to be performed or
complied with by it prior to or on the Closing Date.

 

(b)                 
Proceedings and Documentation. All corporate and other proceedings of CNGT in connection with
the transactions contemplated by this Agreement, and all documents and instruments incident to such corporate proceedings, shall be satisfactory
in form and substance to AVAILA and AVAILA’s counsel, and

 

    	 	6	 

    	 

    

 

AVAILA and AVAILA’s
counsel shall have received all such receipts, documents and instruments, or copies thereof, certified if requested, to which AVAILA is
entitled and as may be reasonably requested.

 

5.2                
Termination. Notwithstanding anything to
the contrary contained in this Agreement, this Agreement may be terminated, and the transactions contemplated hereby may be abandoned
prior to the Closing Date only by the mutual consent of all of the Parties.

 

5.3                
Waiver and Amendment. Any term, provision, covenant, representation, warranty or condition
of this Agreement may be waived, but only by a written instrument signed by the Party entitled to the benefits thereof. The failure or
delay of any Party at any time or times to require performance of any provision hereof or to exercise
its rights with respect to any provision hereof shall in no manner operate as a waiver of or affect such Party’s right at
a later time to enforce the same. No waiver by any Party of any condition, or of the breach of any term, provision, covenant, representation
or warranty contained in this Agreement, in any one or more instances, shall be deemed to be or construed as a further or continuing waiver
of any such condition or breach or waiver of any other condition or of the breach of any other term, provision, covenant, representation
or warranty. No modification or amendment of this Agreement shall be valid and binding unless it be in writing and signed by all Parties
hereto.

 

ARTICLE 6

COVENANTS, INDEMNIFICATION

 

6.1                
To induce CNGT to enter into this Agreement and to consummate the transactions contemplated hereby,
and without limiting any covenant, agreement, representation or warranty made, AVAILA and Cannaworx covenant and agree as follows:

 

6.1.1           
Notices and Approvals. AVAILA and Cannaworx agree: (a) to give all notices to third parties
which may be reasonably necessary or deemed desirable by CNGT in connection with this Agreement and the consummation of the transactions
contemplated hereby; (b) to use its best efforts to obtain all federal and state governmental regulatory agency approvals, consents, permit,
authorizations, and orders necessary or deemed desirable by CNGT in connection with this Agreement and the consummation of the transaction
contemplated hereby; and (c) to use its best efforts to obtain all consents and authorizations of any other third parties necessary or
deemed desirable by CNGT in connection with this Agreement and the consummation of the transactions contemplated hereby.

 

6.1.2           
Information for CNGT’s Statements and Applications. AVAILA, its employees, accountants
and attorneys shall cooperate fully with CNGT in the preparation of any statements or applications made by CNGT to any federal or state
governmental regulatory agency in connection with this Agreement and the transactions contemplated hereby and to furnish CNGT with all
information concerning AVAILA and Cannaworx reasonably necessary or deemed desirable by CNGT for inclusion in such statements and applications,
including, without limitation, all requisite financial statements and schedules.

 

6.1.3           
Access to Information. CNGT, together with its appropriate attorneys, agents and representatives,
shall be permitted to make the full and complete investigation of AVAILA and Cannaworx and have full access to all of the books and records
of Cannaworx during reasonable business hours. Notwithstanding the foregoing, such parties shall treat all such information as confidential
and shall not disclose such information without the prior consent of the other.

 

6.2                
To induce AVAILA and Cannaworx to enter into this Agreement and to consummate the transactions contemplated
hereby, and without limiting any covenant, agreement, representation or warranty made, CNGT covenants and agrees as follows:

 

6.2.1           
Access to Information. AVAILA, together with
its appropriate attorneys, agents and representatives, shall be permitted to make the full and complete investigation of CNGT and have
full access to all of the books and records of the other during reasonable business hours. Notwithstanding the foregoing, such parties
shall treat all such information as confidential and shall not disclose such information without the prior consent of the other.

 

    	 	7	 

    	 

    

 

		6.3	Indemnification.

 

6.3.1           
Indemnity of AVAILA and Cannaworx. CNGT agrees to indemnify, defend and hold AVAILA and Cannaworx
harmless from and against any and all Losses (as hereinafter defined) arising out of or resulting from the breach by CNGT of any representation,
warranty, covenant or agreement of CNGT contained in this Agreement or the schedules and exhibits hereto. For purposes of Section 6.3,
the term “Losses” shall mean all damages, costs and expenses (including reasonable attorneys’ fees) of every
kind, nature or description, it being the intent of the Parties that the amount of any such Loss shall be the amount necessary to restore
the indemnified party to the position it would have been in (economically or otherwise), including any
costs or expenses incident to such restoration, had the breach, event, occurrence or condition occasioning such Loss never occurred.
Notwithstanding the foregoing provisions of this section, no claim for indemnification shall be made by AVAILA or the Cannaworx under
this Section unless and until the aggregate amount of all Losses of AVAILA and the Cannaworx in respect thereof shall exceed $5,000. CNGT’s
liability under this Section shall not exceed the Purchase Price.

 

6.3.2           
Indemnity of CNGT. AVAILA hereby agrees to indemnify, defend and hold CNGT harmless from and
against any and all Losses arising out of or resulting from the breach by AVAILA of any representation, warranty,
agreement or covenant contained in this Agreement or the exhibits and schedules hereto, including, without
limitation, the failure to disclose any liabilities or material contracts or agreements. CNGT shall have the right to offset any
Losses incurred and actually paid against any amounts due from CNGT to AVAILA, however, any offset shall not act as CNGT’s sole
remedy. Notwithstanding the foregoing provisions of this Section, no claim for indemnification shall be made by CNGT under this Section
unless and until the aggregate amount of all Losses of CNGT in respect thereof shall exceed $5,000.

 

		6.3.3	Indemnification
Procedure.

 

(a)  
An indemnified party shall notify the indemnifying party of any claim of such indemnified party for
indemnification under this Agreement within thirty days of the date on which such indemnified party or an executive officer or representative
of such indemnified party first becomes aware of the existence of such claim. Such notice
shall specify the nature of such claim in reasonable detail and the indemnifying party shall be given reasonable access to any documents
or properties within the control of the indemnified party as may be useful in the investigation of the basis for such claim. The failure
to so notify the indemnifying party within such thirty-day period shall not constitute a waiver of such claim but an indemnified party
shall not be entitled to receive any indemnification with respect to any additional loss that occurred as a result of the failure of such
person to give such notice.

 

In the event any indemnified party is entitled to indemnification hereunder based upon a claim asserted by a third party
(including a claim arising from an assertion or potential assertion of a claim for Taxes), the indemnifying party shall be given prompt
notice thereof, in reasonable detail. The failure to so notify the indemnifying party shall not constitute a waiver of such claim but
an indemnified party shall not be entitled to receive any indemnification with respect to any Loss that occurred as a result of the failure
of such person to give such notice. The indemnifying party shall have the right (without prejudice to the right of any indemnified party
to participate at its expense through counsel of its own choosing) to defend or prosecute such claim at its expense and through counsel
of its own choosing if it gives written notice of its intention to do so not later than twenty days following notice thereof by the indemnifying
party or such shorter time period as required so that the of the indemnified party would not be materially prejudiced as a result of its
failure to have received such notice; provided, however, that if the defendants in any action
shall include both an indemnifying party and an indemnified party and the indemnified party shall have reasonably concluded that counsel
selected by the indemnifying party has a conflict of because of the availability of different or additional defenses to the indemnified
party, the indemnified party shall have the right to select separate counsel to participate in the defense of such action on its behalf,
at the expense of the indemnifying party. If the indemnifying party does not so choose to defend or prosecute any such claim asserted
by a third party for which any indemnified party would be entitled to indemnification hereunder, then the indemnified party shall be entitled
to recover from the indemnifying party, on a monthly basis, all of its attorneys’ reasonable fees and other costs and expenses of
litigation of any nature whatsoever incurred in the defense of such claim. Notwithstanding the assumption of the defense of any claim
by an indemnifying party pursuant to this

 

    	 	8	 

    	 

    

 

paragraph, the
indemnified party shall have the right to approve the terms of any settlement of a claim (which approval shall not be unreasonably withheld).

 

(b)   
The indemnifying party and the indemnified party shall cooperate in furnishing evidence and testimony
and in any other manner which the other may reasonably request, and shall in all other respects have an obligation of good faith dealing,
one to the other, so as not to unreasonably expose the other to an undue risk of loss. The indemnified party shall be entitled to reimbursement
for out-of-pocket expenses reasonably incurred by it in connection with such cooperation. Except for fees and expenses for which indemnification
is provided pursuant to Section 6.3 or Section 6.4, as the case may be, and as provided in the preceding sentence, each party shall bear
its own fees and expenses incurred pursuant to this paragraph (b).

 

ARTICLE
7

POST CLOSING

 

7.1                
Reverse Stock Split: Subject to Financial Industry Regulatory Authority, Inc. (“FINRA”)
CNGT shall reverse split its common stock 1 for 100.

 

7.2                
Stock Subscriptions: CNGT shall use its best efforts to complete a $5,000,000 placement of
equity securities pursuant to Regulation A of the Securities Act of 1933. The first proceeds raised pursuant to
the Reg A shall pay back the $350,000 Promissory Note. The CNGT $350,000 Promissory Note is attached hereto as Exhibit O.

 

7.3                
Other Agreements: CNGT shall retain professionals including advisors, legal, accounting and
auditors as needed.

 

7.4                
Name Change: Subject to FINRA approval, CNGT’s name/stock symbol may be changed.

 

		7.5	Articles of Inc.: Shall be amended as necessary to effect the transactions
called for by the letter.

		7.6	The Officers and Directors of Cannaworx shall be Rob Gietl, President and Jim
Morrison, Director.

 

ARTICLE
8 MISCELLANEOUS

 

8.1                
Expenses. Except as otherwise specifically provided for herein, whether or not the transactions
contemplated hereby are consummated, each of the Parties hereto shall bear the cost of all fees and expenses relating to or arising from
its compliance with the various provisions of this Agreement and such Party’s covenants to be performed hereunder, and except as
otherwise specifically provided for herein, each of the Parties hereto agrees to pay all of its own expenses (including, without limitation,
attorneys and accountants’ fees and printing expenses) incurred in connection with this Agreement, the transactions contemplated
hereby, the negotiations leading to the same and the preparations made for carrying the same into effect, and all such fees and expenses
of the Parties hereto shall be paid prior to Closing.

 

8.2                
Notices. Any notice, request,
instruction or other document required by the terms of this Agreement, or deemed by any of the Parties hereto to be desirable, to be given
to any other Party hereto shall be in writing and shall be delivered by facsimile or overnight courier to the following addresses:

 

To CNGT:

 

Mr. James Zimbler, CEO Cannagistics,
Inc.

2110 5th Ave.

Ronkonkoma, NY 11779

Phone: 631-806-1420

E-mail:
jzimbler@cannagistics.io To AVAILA and/or Cannaworx:

 

    	 	9	 

    	 

    

 

Mr. Jim Morrison President

Availa Bio, Inc.

Cannaworx, Inc. t/b/k/a The Integrity Wellness Group,
Inc.

725 Grand Ave

Suite 201

Ridgefield, NJ 07657

201-941-2100

E-mail: jmorrison@availabio.com

 

The persons and addresses set forth
above may be changed from time to time by a notice sent as aforesaid. Notice shall be conclusively deemed given at the time of delivery
if made during normal business hours, otherwise notice shall be deemed given on the next business day.

 

8.3                
Entire Agreement. This Agreement, together with the schedules and exhibits hereto, sets forth
the entire agreement and understanding of the Parties hereto with respect to the transactions
contemplated hereby, and supersedes all prior agreements, arrangements and understandings related to the subject matter hereof. No understanding,
promise, inducement, statement of intention, representation, warranty, covenant or condition, written or oral, express or implied, whether
by statute or otherwise, has been made by any Party hereto which is not embodied in this Agreement, or exhibits hereto or the written
statements, certificates, or other documents delivered pursuant hereto or in connection with the transactions contemplated hereby, and
no Party hereto shall be bound by or liable for any alleged understanding, promise, inducement, statement, representation, warranty, covenant
or condition not so set forth.

 

8.4                
Survival of Representations. All statements of fact (including financial statements) contained
in the schedules, the exhibits, the certificates or any other instrument delivered by or on behalf of the Parties hereto, or in connection
with the transactions contemplated hereby, shall be deemed representations and warranties by the
respective Party hereunder. All representations, warranties, agreements, and covenants hereunder shall survive the Closing and
remain effective regardless of any investigation or audit at any time made by or on behalf of the Parties or of any information a Party
may have in respect thereto. Consummation of the transactions contemplated hereby shall not be deemed or construed to be a waiver of any
right or remedy possessed by any Party hereto, notwithstanding that such Party knew or should have known at the time of Closing that such
right or remedy existed.

 

8.5                
Incorporated by Reference. All documents (including, without limitation, all financial statements)
delivered as part hereof or incident hereto are incorporated as a part of this Agreement by reference.

 

8.6                
Remedies Cumulative. No remedy herein conferred upon any Party is intended to be exclusive
of any other remedy and each and every such remedy shall be cumulative and shall be in addition to every other remedy given hereunder
or now or hereafter existing at law or in equity or by statute or otherwise.

 

8.7                
Execution of Additional Documents. Each Party hereto shall make, execute, acknowledge and
deliver such other instruments and documents, and take all such other actions as may be reasonably required in order to effectuate the
purposes of this Agreement and to consummate the transactions contemplated hereby.

 

8.8                
Finders’ and Related Fees. Each of the Parties hereto is responsible for, and shall
indemnify the other against, any claim by any third party to a fee, commission, bonus or other remuneration arising by reason of any services
alleged to have been rendered to or at the instance of said Party to this Agreement with respect to this Agreement or to any of the transactions
contemplated hereby.

 

8.9                
Governing Law. This Agreement has been negotiated and executed in the State of Florida and
shall be construed and enforced in accordance with the laws of such state.

 

8.10             
Forum. Each of the Parties hereto agrees that any action or suit which may be brought by any
Party hereto against any other Party hereto in connection with this Agreement or the transactions contemplated hereby may be brought only in a federal or state court in Palm
Beach County, Florida and no other jurisdiction.

 

    	 	10	 

    	 

    

 

8.11             
Attorneys’ Fees. Except as otherwise provided herein, if a dispute should arise between
the Parties including, but not limited to arbitration, the prevailing Party shall be reimbursed by the non-prevailing Party for all reasonable
expenses incurred in resolving such dispute, including reasonable attorneys’ fees exclusive of such amount of attorneys’ fees
as shall be a premium for result or for risk of loss under a contingency fee arrangement.

 

8.12             
Binding Effect and Assignment. This Agreement shall inure to the benefit of and be binding
upon the Parties hereto and their respective heirs, executors, administrators, legal representatives and assigns.

 

8.13             
Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed
an original, but all of which together shall constitute one and the same instrument. In making proof of this Agreement, it shall not be
necessary to produce or account for more than one such counterpart.

 

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

 

Cannagistics, Inc. (“Cannagistics”)

By: /s/ James W. Zimbler

James W. Zimbler,
CEO

 

Cannaworx, Inc. t/b/k/a The Integrity Wellness Group, Inc. (“Cannaworx”)

By:  /s/ Jim Morrison

Jim Morrison, President

 

 

Availa Bio, Inc. (“Availa”)

 

By: /s/ Jim Morrison

 

Jim Morrison, President

 

    	 	11

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