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    10.1 EMPLOYMENT
      AGREEMENT 

     

     

    This
      EMPLOYMENT AGREEMENT (the "Agreement") is effective as of September 12 ,2005
      by
      and between B2Digital Inc., a Delaware corporation or its successors or assigns
      (the "Company"), and Michael Heil, an individual (the "Executive"), and is
      made
      with reference to the following facts: 

     

    A.
      Company is engaged in the Media business; 

     

    B.
      Company desires to retain the services of Executive, and Executive is willing
      to
      provide such services to the Company; 

     

    C.
      Company and Executive desire to enter into this Agreement to provide for
      Executive's employment by the Company upon the terms and conditions set forth
      in
      this Agreement. 

     

    NOW,
      THEREFORE, in consideration of the foregoing facts and mutual agreements set
      forth below, the parties, intending to be legally bound, agree as follows:
      

     

    1.
      Employment. The Company hereby agrees to employ Executive, and Executive hereby
      accepts such employment and agrees to perform Executive's duties and
      responsibilities in accordance with the terms and conditions hereinafter set
      forth. 

     

    1.1
      Employment Term. The term of Executive's employment under this Agreement shall
      commence as of the date hereof (the "Effective Date") and shall continue for
      three (3) years, unless terminated in accordance with Section 5 hereof. The
      period commencing as of the Effective Date, and ending two (2) years thereafter
      or such later date to which the term of Executive's employment under the
      Agreement shall have been extended by written mutual agreement is hereinafter
      referred to as the "Employment Term." 

     

    1.2
      Duties and Responsibilities. During the Employment Term, Executive shall serve
      as a member of the Board of Directors, as acting Chief Executive Officer of
      the
      Company and perform all duties and accept all responsibilities incident to
      such
      position or other appropriate duties as may be reasonably assigned to Executive
      by the Company's Board of Directors (the "Board") from time to time consistent
      with Executive's status as a senior executive. 

     

    1.3
      Base
      Salary. For all the services rendered by Executive hereunder for the Company,
      the Company shall pay Executive a base salary (the "Base Salary") at the minimum
      annual rate of $60,000 per annum (payable in accordance with the Company's
      then
      applicable payroll policies) as compensation for all services rendered by
      Executive hereunder. The Base Salary shall be subject to all state, federal,
      and
      local payroll tax withholding and any other withholdings required by law.
      Following each year after the Effective Date, Executive shall be reviewed by
      the
      Company's Board to determine whether a raise in the Base Salary and other
      additional compensation and benefits is appropriate, in the sole and absolute
      discretion of the Board; provided, however, that at no time shall Executive's
      Base Salary be less than $60,000 per annum. The Base Salary shall be payable,
      in
      cash, registered common stock or restricted common stock, or other securities
      of
      the Company as the Company and the Executive may agree from time to time.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    1.4
      Benefit Coverages. During the Employment Term, Executive shall be entitled
      to
      participate in all employee pension and welfare benefit plans and programs
      made
      available to the Company's senior level executives as a group or to its
      employees generally, as such plans or programs may be in effect from time to
      time (the "Benefit Coverages"), including, without limitation, pension, profit
      sharing, savings and other retirement plans or programs, medical, dental,
      hospitalization, short-term and long-term disability and life insurance plans,
      accidental death and dismemberment protection and travel accident insurance.
      

     

    1.5
      Performance Bonuses. Within ninety (90) days after the end of each fiscal year
      of the Company, which is currently March 31st, during the Employment Term,
      the
      Executive will be eligible to receive a bonus (the "Performance Bonus") in
      an
      amount as determined at the discretion of the Board of the Company. To the
      extent that, for any given year of the Employment Term, Executive has been
      employed for less than the full year, the Performance Bonus shall be reduced
      on
      a pro rata basis for the amount of time actually worked during such year. All
      bonus payments shall be subject to customary withholdings required by law.
      

     

    1.6
      Expenses. During the Employment Term, Executive shall be reimbursed for all
      reasonable business expenses incurred and paid by Executive in providing
      services on behalf of the Company, 

     

    1.7
      Vacations and Holidays. Each year, the Executive shall be entitled to an
      aggregate of four (4) weeks' paid vacation plus holidays in accordance with
      the
      Company's policies, as amended from time to time, for senior executive officers.
      

     

    2.
      Confidential Information. 

     

    
      
         

      

      
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    2.1
      Executive recognizes and acknowledges that by reason of Executive's employment
      by and service to the Company before, during and, if applicable, after the
      Employment Term, Executive will have access to certain confidential and
      proprietary information relating to the Company's business, as well as the
      businesses, which may include, but is not limited to, trade secrets, trade
      "know-how," product development techniques and plans, formulas, customer lists
      nd addresses, cost and pricing information, marketing and sales techniques,
      strategy and programs, computer programs and software and financial information
      (collectively referred to as "Confidential Information"). Executive acknowledges
      that such Confidential Information is a valuable and unique asset of the
      Company, and Executive covenants that he will not, unless expressly authorized
      in writing by the Company, as the case may be, at any time during the course
      of
      Executive's employment use any Confidential Information or divulge or disclose
      any Confidential Information to any person, firm or corporation except in
      connection with the performance of Executive's duties for the Company and in
      a
      manner consistent with the Company's policies regarding Confidential
      Information. Executive also covenants that at any time after the termination
      of
      such employment, directly or indirectly, he will not use any Confidential
      Information or divulge or disclose any Confidential Information to any person,
      firm or corporation, unless such information is in the public domain through
      no
      fault of Executive or except when required to do so by a court of law, by any
      governmental agency having supervisory authority over the business of the
      Company or by any administrative or legislative body (including a committee
      thereof) with apparent jurisdiction to order Executive to divulge, disclose
      or
      make accessible such information. All written Confidential Information
(including,
      without limitation, in any computer or other electronic format) which comes
      into
      Executive's possession during the course of Executive's employment shall remain
      the property of the Company as the case may be. Except as required in the
      performance of Executive's duties for the Company, or unless expressly
      authorized in writing by the Company, Executive shall not remove any written
      Confidential Information from the Company's premises, or the premises of the
      other, as the case may be, except in connection with the performance of
      Executive's duties for the Company, as the case may be, and in a manner
      consistent with the Company's policies regarding Confidential Information.
      Upon
termination
      of Executive's employment, the Executive agrees to return immediately to the
      Company, as the case may be, all written Confidential Information (including,
      without limitation, in any computer or other electronic format) in Executive's
      possession. 
       

    

     

    
      
         

      

      
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    3.
      Non-Competition; Non-Solicitation. 

     

    3.1
      During Executive's employment by the Company, Executive will not, except with
      the prior written consent of the Board, directly or indirectly, own, manage,
      operate, join, control, finance or participate in the ownership, management,
      operation, control or financing of, or be connected as an officer, director,
      Executive, partner, principal, agent, representative, consultant or otherwise
      with other than existing relationships and contractual relationships to use
      or
      permit Executive's name to be used in connection with, any business or
      enterprise (a "Competitor") which competes with the Company or generates,
      directly or indirectly, for itself or others revenues from the type of product
      and services provided by the Company or its affiliates during Executive's
      employment by the Company. 

     

    3.2
      The
      foregoing restrictions shall not be construed to prohibit the ownership by
      Executive of less than five percent (5%) of any class of securities of any
      corporation which is a Competitor having a class of securities registered
      pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange
      Act"), provided that such ownership represents a passive investment and that
      neither Executive nor any group of persons including Executive in any way,
      either directly or indirectly, manages or exercises control of any such
      corporation, guarantees any of its financial obligations, otherwise takes any
      part in its business, other than exercising Executive's rights as a shareholder,
      or seeks to do any of the foregoing. 

     

    3.3
      Executive further covenants and agrees that during Executive's employment by
      the
      Company and for the period of twenty-four (24) months thereafter, Executive
      will
      not, directly or indirectly, (i) solicit, divert, take away, or attempt to
      solicit, divert or take away, any of the Company's customers or (ii) encourage
      any customer to reduce its patronage of the Company. 

     

    3.4
      Without limiting the generality of the foregoing, Executive agrees that during
      Executive's employment by the Company and for the period of twenty-four 
      (24)
      months thereafter, he will not, directly or indirectly, solicit any customer
      to
      retain from any other person, firm or entity any services of a type generally
      similar to or competitive with the product and/or services of the Company during
      the period of Executive's employment by the Company. 

     

    3.5
      Executive further covenants and agrees that during Executive's employment by
      the
      Company and for the period of twenty-four (24) months thereafter, Executive
      will
      not, directly or indirectly, solicit or hire, or encourage the solicitation
      or
      hiring of any person who was an Executive of the Company at any time during
      the
      term of Executive's employment by the Company by any employer other than the
      Company for any position as an Executive, independent contractor, consultant
      or
      otherwise. The foregoing covenant of Executive shall not apply to (i) any person
      whom Executive employed prior to the formation of the Company, or (ii) any
      person after a period of twelve (12) months has elapsed subsequent to the date
      on which such person's employment by the Company has terminated. 

     

    4.
      Equitable Relief. 

     

    4.1.
      Executive acknowledges and agrees that the restrictions contained in Sections
      2
      and 3 are reasonable and necessary to protect and preserve the legitimate
      interests, properties, goodwill and business of the Company and its affiliates,
      that the Company would not have entered into this Agreement in the absence
      of
      such restrictions and that irreparable injury will be suffered by the Company
      should Executive breach any of the provisions of those sections. Executive
      represents and acknowledges that (i) he has been advised by the Company
      to consult Executive's own legal counsel in respect to this Agreement and (ii)
      that he has had full opportunity, prior to execution of this Agreement, to
      review this Agreement thoroughly with Executive's counsel. 

     

    
      
         

      

      
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    4.2.
      Executive further acknowledges and agrees that a breach of any of the
      restrictions in Sections 2 and 3 cannot be adequately compensated by monetary
      damages. Executive agrees that the Company shall be entitled to preliminary
      and
      permanent injunctive relief, without the necessity of proving actual damages,
      as
      well as an equitable accounting of all earnings, profits and other benefits
      arising from any violation of Sections 2 or 3 hereof, which rights shall be
      cumulative and in addition to any other rights or remedies to which the Company
      may be entitled. In the event that any of the provisions of Sections 2 and
      3
      hereof should ever be adjudicated to exceed the time, geographic, service or
      other limitations permitted by applicable law in any jurisdiction, it is the
      intention of the parties that the provisions shall be amended to the extent
      of
      the maximum time, geographic, service or other limitations permitted by
      applicable law, that such amendment shall apply only within the jurisdiction
      of
      the court that made such adjudication and that the provision be enforced to
      the
      maximum extent permitted by law. 

     

    4.3
      Executive irrevocably and unconditionally (i) agrees that any suit, action
      or
      other legal proceeding arising out of Sections 2 or 3 hereof, including, without
      limitation, any action commenced by the Company for preliminary and permanent
      injunctive relief and other equitable relief, may be brought in the United
      States District Court for the Central District of California, or if such court
      does not have jurisdiction or will not accept jurisdiction, in any court of
      general jurisdiction in Los Angeles County, California; (ii) consents to the
      non-exclusive jurisdiction of any such court in any such suit, action or
      proceeding; and (iii) waives any objection which Executive may have to the
      laying of venue of any such suit, action or proceeding in any such court.
      Executive also irrevocably and unconditionally consents to the service of any
      process, pleadings, notices or other papers in a manner permitted by the notice
      provisions of Section 7 hereof. 

     

    4.4
      Executive agrees that for a period of five (5) years following the termination
      of Executive's employment by the Company, Executive will provide, and that
      at
      all times after the date hereof the Company may similarly provide, a copy of
      Sections 2 and 3 hereof to any business or enterprise (i) which Executive may
      directly or indirectly own, manage, operate, finance, join, control or
      participate in the ownership, management, operation, financing or control of,
      or
      (ii) with which Executive may be connected as an officer, director, employee,
      partner, principal, agent, representative, consultant or otherwise, or in
      connection with which Executive may use or permit Executive's name to be used;
      provided, however, that this provision shall not apply in respect of Section
      3
      hereof after expiration of the time period set forth therein. 

     

    5.
      Termination. The Employment Term shall terminate if the employee does not raise
      sufficient operational capital and funds to pay accounts payable within a 120
      days of signing of this agreement or upon the occurrence of any one of the
      following events: 

     

    5.1
      Disability. The Company may terminate the Employment Term if Executive is unable
      substantially to perform Executive's duties and responsibilities hereunder
      to
      the full extent required by the Board by reason of illness, injury or incapacity
      (a "Disability") for six (6) consecutive months, or for more than six (6) months
      in the aggregate during any period of twelve (12) calendar months; provided,
      however, that the Company shall continue to pay Executive the Base Salary then
      in effect for the balance of the then remaining Employment Term determined
      without reference to such termination (the "Remaining Employment Term"), but
      the
      amount the Company shall be required to pay Executive shall be reduced by the
      amount of any disability payments received by Executive pursuant to the Benefit
      Coverages. In addition, Executive shall be entitled to the following: (i) a
      pro
      rata bonus, if any, for the year of termination; (ii) any other amounts earned,
      accrued or owing but not yet paid under Section 1 above; 

     

    (iii)
      the
      continued right to exercise any vested stock option, if any, for a period of
      one
      (1) year following the date of Executive's termination; (iv) continued
      participation for the Remaining Employment Term in those Benefit Coverages
      in
      which Executive was participating on the date of termination which, by their
      terms, permit a former employee to participate; and (v) any other benefits
      in
      accordance with applicable plans and programs of the Company. In such event,
      the
      Company shall have no further liability or obligation to Executive for
      compensation under this Agreement except as otherwise specifically provided
      in
      this Agreement. Executive agrees, in the event of a dispute under this Section
      5.1, to submit to a physical examination by a licensed physician selected by
      the
      Board, provided that Executive's own physician may be present at Executive's
      request and sole expense. 

     

    
      
         

      

      
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    5.2
      Death. The Employment Term shall terminate in the event of Executive's death.
      In
      such event, the Company shall pay to Executive's executors, legal
      representatives or administrators, as applicable, an amount equal to the
      installment of Executive's Base Salary set forth in Section 1.3 hereof for
      the
      month in which Executive dies and a pro rata share of any annual bonus to which
      Executive would otherwise be entitled for the year in which such death occurs.
      In addition, Executive's estate shall be entitled to (i) any other amounts
      earned, accrued or owing but not yet paid under Section 1 above; (ii) the
      continued right to exercise any vested stock option for a period of one (1)
      year
      following the date of death; and (iii) any other benefits in accordance with
      applicable plans and programs of the Company. The Company shall have no further
      liability or obligation under this Agreement to Executive's executors, legal
      representatives, administrators, heirs or assigns or any other person claiming
      under or through Executive except as otherwise specifically provided in this
      Agreement. 

     

    5.3
      Cause. The Company may terminate the Employment Term, at any time, for "cause"
      upon thirty (30) days' written notice, in which event all payments under this
      Agreement shall cease, except for Base Salary to the extent already accrued.
      For
      purposes of this Agreement, Executive's employment may be terminated for "cause"
      (i) if Executive is convicted of a felony; (ii) any material neglect or breach
      of duty by Executive, or any failure by Executive to perform such duties as
      may
      be delegated to Executive from time to time; (iii) any willful breach of duty
      by
      Executive in the course of his employment; (iv) any material breach of any
      provision of this Agreement; or (v) Executive commits theft, larceny,
      embezzlement, or fraud, any acts of dishonesty, illegality, moral turpitude
      or
      gross mismanagement as determined in good faith by the Board, whose
      determination shall be final and binding; provided, however, with respect to
      items (ii) and (iii), thirty (30) days' written notice must be given by the
      Company to Executive the first offense, which Executive shall have the right
      to
      cure to the Board's satisfaction. No such advance notice shall be required
      to
      terminate for "cause" with respect to the next offense. 

     

    5.4
      Termination Without Cause. The Company may remove Executive, at any time prior
      to the end of the Employment Term, without cause from the position in which
      Executive is employed hereunder (in which case the Employment Term shall be
      deemed to have ended) upon not less than sixty (60) days' prior written notice
      to Executive; provided, however, that in the event that such notice is given,
      Executive shall be under no obligation to render any additional services to
      the
      Company and, subject to the provisions of Section 3 hereof, shall be allowed
      to
      seek other employment. Upon any such removal, Executive shall be entitled to
      receive as liquidated damages for the failure of the Company to continue to
      employ Executive, only the amount due to Executive under the Company's
      then-current severance pay plan for employees. No other payments or benefits
      shall be due under this Agreement to Executive, except that Executive shall
      be
      entitled to receive payments or benefits under the then-existing Benefit
      Coverages in which Executive is participating in accordance with the respective
      terms of such Benefit Coverages. Notwithstanding any provision in this Agreement
      or the BTWO Stock Option Agreement to the contrary, if Executive is terminated
      by the Company without cause after the first twelve (12) months, an amount
      equal
      to the lesser of one-half (1/2) of the remaining options to be vested under
      the
      then-remaining Employment Term or twelve (12) additional months of vesting
      shall
      be vested and exercisable in accordance with the BTWO Stock Option Agreements.
      

     

    
      
         

      

      
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    Notwithstanding
      the foregoing, upon such removal, without cause under Section 5.4., in the
      event
      that Executive executes a written release of any and all claims against the
      Company and all related parties with respect to all matters arising out of
      Executive's employment by the Company (other than Executive's entitlement under
      any stock options, employee benefit plan or program sponsored by the Company
      in
      which Executive participated and under which Executive has accrued a benefit),
      and the termination thereof, Executive shall be entitled to receive, in lieu
      of
      the payment described in subsection 5.4. hereof, which Executive agrees to
      waive, (i) in equal monthly installments, as liquidated damages for the failure
      of the Company to continue to employ Executive, an amount equal to the amount
      of
      Executive's Base Salary and annual bonus, if any, for the lesser of the
      Remaining Employment Term or twelve (12) months, provided that Executive remains
      in compliance with the provisions of Sections 2 and 3 hereof; (ii) continuation
      of those Benefit Coverages as in effect at the time of such termination or
      removal, or to receive cash in lieu of such benefits or premiums, as applicable,
      where such Benefit Coverages may not be continued (or where such continuation
      would adversely affect the tax status of the plan pursuant to which the Benefit
      Coverage is provided) under applicable law or regulation, for the lesser of
      the
      Remaining Employment Term or twelve (12) months; (iii) any other amounts earned,
      accrued or owing but not yet paid under Section
      1
      above; and (iv) any other benefits in accordance with applicable plans and
      programs of the Company. 

     

    
      
         

      

      
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    6.
      Survivorship. The respective rights and obligations of the parties hereunder
      shall survive any termination of the Executive's employment to the extent
      necessary to the intended preservation of such rights and obligations.

     

    7.
      Notices. All notices, requests, demands and other communications hereunder
      shall
      be in writing and shall be deemed to have been duly given when delivered
      personally, by facsimile transmission, or when mailed, by United States
      certified or registered mail, prepaid, to the parties or their assignees at
      the
      following addresses or facsimile numbers (or at such other address as shall
      be
      given in writing by any party): 

     

    If
      to the Company: 

     

    B2Digital,
      Inc.

    Attn:
      Board of Directors 

    c/o
      Robert C Russell 

    9171
      Wilshire Boulevard, Suite B 

    Beverly
      Hills, California 90210 

    Telephone:
      310-281-2571 

    Facsimile:
      310-278-0457 

     

    If
      to Executive: 

     

    Michael
      Heil 

    1030
      S.
      Mesa Drive, Mesa, AZ. 85210

    Telephone:
      480 813 8371 

    Facsimile:
      310-278-0457 

     

    or
      to
      such other names or addresses as the Company or Executive, as the case may
      be,
      shall designate by notice to each other person entitled to receive notices
      in
      the manner specified in this section. 

     

    8.
      Arbitration; Expenses. In the event of any dispute under the provisions of
      this
      Agreement other than a dispute in which the sole relief is an equitable remedy
      such as an injunction, the parties shall be required to have the dispute, controversy
      or claim settled by arbitration in the City of Los Angeles, California in
      accordance with the commercial arbitration rules then in effect of the American
      Arbitration Association. 

     

    
      
         

      

      
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    9.
      Governing Law. This Agreement shall be governed by and construed in accordance
      with the laws of the State of California as if this Agreement was to be
      performed entirely within the State of California by residents of such State,
      and without reference to principles of conflicts of laws. 

     

    10.
      Further Assurances. Each of the parties agrees that from time to time, at the
      request of any other party and without further consideration or consent, they
      will execute and deliver such additional instruments as any other party may
      reasonably request as are necessary to effectuate the purposes of this
      Agreement. 

     

    11.
      Indemnification by the Company. The Company hereby agrees and covenants to
      full
      and completely indemnify and defend Executive in the performance of Executive's
      duties to the fullest extent permitted by applicable laws. In addition, as
      of
      the Effective Date, the Company shall procure, and Executive shall be covered
      by
      an officer and director liability insurance policy. 

     

    12.
      Attorneys' Fees. In the event any litigation, arbitration, mediation or other
      proceeding ("Proceeding") is initiated by any party(ies) against any other
      party(ies) to enforce, interpret or otherwise obtain judicial or quasi-judicial
      relief in connection with this Agreement, the prevailing party(ies) in such
      Proceeding shall be entitled to recover from the unsuccessful party(ies) (a)
      all
      costs, expenses, actual attorneys' and expert witness fees, relating to or
      arising out of such Proceeding (whether or not such Proceeding proceeds to
      judgment), and (b) any post-judgment or post-award proceeding, including,
      without limitation, one to enforce any judgment or award resulting from any
      such
      Proceeding. Any such judgment or award shall contain a specific provision for
      the recovery of all such subsequently incurred costs, expenses, actual
      attorneys' and expert witness fees. The arbitrator(s) or court shall determine
      who is the prevailing party, whether or not the dispute or controversy proceeds
      to final judgment. Company and Executive expressly acknowledge that this section
      is not intended to in any way alter the parties' agreement that arbitration
      shall be the exclusive method of resolving any dispute related to this Agreement
      or Executive's employment with the Company as set forth in Section 7. Company
      and Executive agree that the reference to litigation in this section is included
      so that the prevailing party can recover its attorneys' fees and costs if (a)
      either party files a lawsuit in violation of Section 7 (e.g., fees and costs
      incurred obtaining a court order compelling arbitration); or (b) a court rules
      that the arbitration provision in Section 7 is unenforceable for any reason.
      

     

    
      
         

      

      
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    13.
      Entire Agreement. All prior agreements, representations and understandings
      between the parties are incorporated in this Agreement and schedules and exhibit
      hereto, which together constitute the entire contract between the parties.
      The
      terms of this Agreement are intended by the parties as a final expression of
      their agreement with respect to such terms as are included herein and may not
      be
      contradicted by evidence of any prior or contemporaneous written or oral
      representations, agreements or understandings, whether express or implied.
      The
      parties further intend that this Agreement constitutes the complete and
      exclusive statement of its terms and that no extrinsic evidence whatsoever
      may
      be introduced in any judicial proceeding, if any, involving this Agreement.
      No
      amendment or variation of the terms of this Agreement shall be valid unless
      made
      in writing and signed by each of the parties. 

     

    14.
      Venue
      and Jurisdiction. For purposes of venue and jurisdiction, this Agreement shall
      be deemed made and to be performed in the City of Los Angeles, California.
      

    
 

    
      
         

      

      
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    15.
      Counterparts; Facsimile. This Agreement may be executed in one or more
      counterparts, each of which shall be deemed an original, but all of which
      together shall constitute one and the same instrument. This Agreement may be
      executed by facsimile (with originals to follow by United States mail), and
      such
      facsimile shall be conclusive evidence of the consent and ratification of the
      signatories hereto. 

     

    16.
      Headings. The headings of the various Sections of this Agreement have been
      inserted only for convenience and shall not be deemed in any manner to modify
      or
      limit any of the provisions of this Agreement or be used in any manner in the
      interpretation of this Agreement. 

     

    17.
      Interpretation. Whenever the context so requires, all words used in the singular
      shall be construed to have been used in the plural (and vice versa), each gender
      shall be construed to include any other genders, and the word "person" shall
      be
      construed to include a natural person, a corporation, a firm, a partnership,
      a
      joint venture, a trust, an estate or other entity. 

     

    18.
      Severability. If any provision of this Agreement shall be declared invalid,
      illegal or unenforceable, such provision shall be severed and all remaining
      provisions shall continue in full force and effect. 

     

    19.
      Successors-in-Interest and Assigns. This Agreement shall be binding upon and
      shall inure to the benefit of the successors-in-interest and assigns of each
      party to this Agreement, except that the duties and responsibilities of
      Executive hereunder are of a personal nature and shall not be assignable or
      delegable in whole or in part by Executive. Nothing in this Section shall create
      any rights enforceable by any other persons not a party to this Agreement,
      unless such rights are expressly granted in this Agreement to other specifically
      identified persons. 

     

    20.
      Amendment and Waiver. This Agreement may not be amended and the observance
      of
      any term of this Agreement may not be waived (either generally or in a
      particular instance and neither retroactively or prospectively), without the
      written consent of the parties hereto. 

     

    21.
      Beneficiaries; References. Executive shall be entitled, to the extent permitted
      under any applicable law, to select and change a beneficiary or beneficiaries
      to
      receive any compensation or benefit payable hereunder following Executive's
      death by giving the Company written notice thereof. In the event of Executive's
      death or a judicial determination of Executive's incompetence, reference in
      this
      Agreement to Executive shall be deemed, where appropriate, to refer to
      Executive's beneficiary, estate or other legal representative. 

     

    IN
      WITNESS WHEREOF, the undersigned, intending to be legally bound, have executed
      this Agreement as of the date first above written. 

     

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

     

    B2Digital,
      Inc. 

    a
      Delaware corporation 

     

    
      	 	 	 
	 	 
	 
 	 
 	 
 
	 	By:  	/s/ Robert
              C Russell
	 	
              
Robert
              C Russell
	 	
              Chairman
                of the Board, Director

            

    

     

    Executive
      

     

    
      	 	 	 
	 	 
	 
 	 
 	 
 
	 	By:  	/s/ Michael
              Heil
	 	
              
Michael
              Heil
	 	
              Acting
                Chief Executive Officer

            

    

     

    

    
      
         

      

      
        12Unassociated Document

     

    10.2
      EMPLOYMENT
      AGREEMENT 

     

    This
      EMPLOYMENT AGREEMENT (the "Agreement") is effective as of September 12 ,2005
      by
      and between B2Digital Inc., a Delaware corporation or its successors or assigns
      (the "Company"), and Paul La Barre, an individual (the "Executive"), and is
      made
      with reference to the following facts: 

     

    A.
      Company is engaged in the Media business; 

     

    B.
      Company desires to retain the services of Executive, and Executive is willing
      to
      provide such services to the Company; 

     

    C.
      Company and Executive desire to enter into this Agreement to provide for
      Executive's employment by the Company upon the terms and conditions set forth
      in
      this Agreement. 

     

    NOW,
      THEREFORE, in consideration of the foregoing facts and mutual agreements set
      forth below, the parties, intending to be legally bound, agree as follows:
      

     

    1.
      Employment. The Company hereby agrees to employ Executive, and Executive hereby
      accepts such employment and agrees to perform Executive's duties and
      responsibilities in accordance with the terms and conditions hereinafter set
      forth. 

     

    1.1
      Employment Term. The term of Executive's employment under this Agreement shall
      commence as of the date hereof (the "Effective Date") and shall continue for
      three (3) years, unless terminated in accordance with Section 5 hereof. The
      period commencing as of the Effective Date, and ending two (2) years thereafter
      or such later date to which the term of Executive's employment under the
      Agreement shall have been extended by written mutual agreement is hereinafter
      referred to as the "Employment Term." 

     

    1.2
      Duties and Responsibilities. During the Employment Term, Executive shall serve
      as a member of the Board of Directors, as the Vice-President and Chief Operation
      Officer of the Company and perform all duties and accept all responsibilities
      incident to such position or other appropriate duties as may be reasonably
      assigned to Executive by the Company's Board of Directors (the "Board") from
      time to time consistent with Executive's status as a senior executive.

     

    1.3
      Base
      Salary. For all the services rendered by Executive hereunder for the Company,
      the Company shall pay Executive a base salary (the "Base Salary") at the minimum
      annual rate of $60,000 per annum (payable in accordance with the Company's
      then
      applicable payroll policies) as compensation for all services rendered by
      Executive hereunder. The Base Salary shall be subject to all state, federal,
      and
      local payroll tax withholding and any other withholdings required by law.
      Following each year after the Effective Date, Executive shall be reviewed by
      the
      Company's Board to determine whether a raise in the Base Salary and other
      additional compensation and benefits is appropriate, in the sole and absolute
      discretion of the Board; provided, however, that at no time shall Executive's
      Base Salary be less than $60,000 per annum. The Base Salary shall be payable,
      in
      cash, registered common stock or restricted common stock, or other securities
      of
      the Company as the Company and the Executive may agree from time to time.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    In
      addition to the payment of Base Salary, upon execution of this Agreement, the
      Company hereby grants to the Executive 800,000 shares of Series A Convertible
      Preferred Stock, $.001 par value. 

     

    1.4
      Benefit Coverages. During the Employment Term, Executive shall be entitled
      to
      participate in all employee pension and welfare benefit plans and programs
      made
      available to the Company's senior level executives as a group or to its
      employees generally, as such plans or programs may be in effect from time to
      time (the "Benefit Coverages"), including, without limitation, pension, profit
      sharing, savings and other retirement plans or programs, medical, dental,
      hospitalization, short-term and long-term disability and life insurance plans,
      accidental death and dismemberment protection and travel accident insurance.
      

     

    1.5
      Performance Bonuses. Within ninety (90) days after the end of each fiscal year
      of the Company, which is currently March 31st, during the Employment Term,
      the
      Executive will be eligible to receive a bonus (the "Performance Bonus") in
      an
      amount as determined at the discretion of the Board of the Company. To the
      extent that, for any given year of the Employment Term, Executive has been
      employed for less than the full year, the Performance Bonus shall be reduced
      on
      a pro rata basis for the amount of time actually worked during such year. All
      bonus payments shall be subject to customary withholdings required by law.
      

     

    1.6
      Expenses. During the Employment Term, Executive shall be reimbursed for all
      reasonable business expenses incurred and paid by Executive in providing
      services on behalf of the Company, 

     

    1.7
      Vacations and Holidays. Each year, the Executive shall be entitled to an
      aggregate of four (4) weeks' paid vacation plus holidays in accordance with
      the
      Company's policies, as amended from time to time, for senior executive officers.
      

     

    2.
      Confidential Information. 

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

       

    

    2.1
      Executive recognizes and acknowledges that by reason of Executive's employment
      by and service to the Company before, during and, if applicable, after the
      Employment Term, Executive will have access to certain confidential and
      proprietary information relating to the Company's business, as well as the
      businesses, which may include, but is not limited to, trade secrets, trade
      "know-how," product development techniques and plans, formulas, customer lists
      and addresses, cost and pricing information, marketing and sales techniques,
      strategy and programs, computer programs and software and financial information
      (collectively referred to as "Confidential Information"). Executive acknowledges
      that such Confidential Information is a valuable and unique asset of the
      Company, and Executive covenants that he will not, unless expressly authorized
      in writing by the Company, as the case may be, at any time during the course
      of
      Executive's employment use any Confidential Information or divulge or disclose
      any Confidential Information to any person, firm or corporation except in
      connection with the performance of Executive's duties for the Company and in
      a
      manner consistent with the Company's policies regarding Confidential
      Information. Executive also covenants that at any time after the termination
      of
      such employment, directly or indirectly, he will not use any Confidential
      Information or divulge or disclose any Confidential Information to any person,
      firm or corporation, unless such information is in the public domain through
      no
      fault of Executive or except when required to do so by a court of law, by any
      governmental agency having supervisory authority over the business of the
      Company or by any administrative or legislative body (including a committee
      thereof) with apparent jurisdiction to order Executive to divulge, disclose
      or
      make accessible such information. All written Confidential Information
(including,
      without limitation, in any computer or other electronic format) which comes
      into
      Executive's possession during the course of Executive's employment shall remain
      the property of the Company as the case may be. Except as required in the
      performance of Executive's duties for the Company, or unless expressly
      authorized in writing by the Company, Executive shall not remove any written
      Confidential Information from the Company's premises, or the premises of the
      other, as the case may be, except in connection with the performance of
      Executive's duties for the Company, as the case may be, and in a manner
      consistent with the Company's policies regarding Confidential Information.
      Upon
termination
      of Executive's employment, the Executive agrees to return immediately to the
      Company, as the case may be, all written Confidential Information (including,
      without limitation, in any computer or other electronic format) in Executive's
      possession. 

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    3.
      Non-Competition; Non-Solicitation. 

     

    3.1
      During Executive's employment by the Company, Executive will not, except with
      the prior written consent of the Board, directly or indirectly, own, manage,
      operate, join, control, finance or participate in the ownership, management,
      operation, control or financing of, or be connected as an officer, director,
      Executive, partner, principal, agent, representative, consultant or otherwise
      with other than existing relationships and contractual relationships to use
      or
      permit Executive's name to be used in connection with, any business or
      enterprise (a "Competitor") which competes with the Company or generates,
      directly or indirectly, for itself or others revenues from the type of product
      and services provided by the Company or its affiliates during Executive's
      employment by the Company. 

     

    3.2
      The
      foregoing restrictions shall not be construed to prohibit the ownership by
      Executive of less than five percent (5%) of any class of securities of any
      corporation which is a Competitor having a class of securities registered
      pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange
      Act"), provided that such ownership represents a passive investment and that
      neither Executive nor any group of persons including Executive in any way,
      either directly or indirectly, manages or exercises control of any such
      corporation, guarantees any of its financial obligations, otherwise takes any
      part in its business, other than exercising Executive's rights as a shareholder,
      or seeks to do any of the foregoing. 

     

    3.3
      Executive further covenants and agrees that during Executive's employment by
      the
      Company and for the period of twenty-four (24) months thereafter, Executive
      will
      not, directly or indirectly, (i) solicit, divert, take away, or attempt to
      solicit, divert or take away, any of the Company's customers or (ii) encourage
      any customer to reduce its patronage of the Company. 

     

    3.4
      Without limiting the generality of the foregoing, Executive agrees that during
      Executive's employment by the Company and for the period of twenty-four

     

    (24)
      months thereafter, he will not, directly or indirectly, solicit any customer
      to
      retain from any other person, firm or entity any services of a type generally
      similar to or competitive with the product and/or services of the Company during
      the period of Executive's employment by the Company. 

     

    3.5
      Executive further covenants and agrees that during Executive's employment by
      the
      Company and for the period of twenty-four (24) months thereafter, Executive
      will
      not, directly or indirectly, solicit or hire, or encourage the solicitation
      or
      hiring of any person who was an Executive of the Company at any time during
      the
      term of Executive's employment by the Company by any employer other than the
      Company for any position as an Executive, independent contractor, consultant
      or
      otherwise. The foregoing covenant of Executive shall not apply to (i) any person
      whom Executive employed prior to the formation of the Company, or (ii) any
      person after a period of twelve (12) months has elapsed subsequent to the date
      on which such person's employment by the Company has terminated. 

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    4.
      Equitable Relief. 

     

    4.1.
      Executive acknowledges and agrees that the restrictions contained in Sections
      2
      and 3 are reasonable and necessary to protect and preserve the legitimate
      interests, properties, goodwill and business of the Company and its affiliates,
      that the Company would not have entered into this Agreement in the absence
      of
      such restrictions and that irreparable injury will be suffered by the Company
      should Executive breach any of the provisions of those sections. Executive
      represents and acknowledges that (i) he has been advised by the Company
      to consult Executive's own legal counsel in respect to this Agreement and (ii)
      that he has had full opportunity, prior to execution of this Agreement, to
      review this Agreement thoroughly with Executive's counsel. 
       

    

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    4.2.
      Executive further acknowledges and agrees that a breach of any of the
      restrictions in Sections 2 and 3 cannot be adequately compensated by monetary
      damages. Executive agrees that the Company shall be entitled to preliminary
      and
      permanent injunctive relief, without the necessity of proving actual damages,
      as
      well as an equitable accounting of all earnings, profits and other benefits
      arising from any violation of Sections 2 or 3 hereof, which rights shall be
      cumulative and in addition to any other rights or remedies to which the Company
      may be entitled. In the event that any of the provisions of Sections 2 and
      3
      hereof should ever be adjudicated to exceed the time, geographic, service or
      other limitations permitted by applicable law in any jurisdiction, it is the
      intention of the parties that the provisions shall be amended to the extent
      of
      the maximum time, geographic, service or other limitations permitted by
      applicable law, that such amendment shall apply only within the jurisdiction
      of
      the court that made such adjudication and that the provision be enforced to
      the
      maximum extent permitted by law. 

     

    4.3
      Executive irrevocably and unconditionally (i) agrees that any suit, action
      or
      other legal proceeding arising out of Sections 2 or 3 hereof, including, without
      limitation, any action commenced by the Company for preliminary and permanent
      injunctive relief and other equitable relief, may be brought in the United
      States District Court for the Central District of California, or if such court
      does not have jurisdiction or will not accept jurisdiction, in any court of
      general jurisdiction in Los Angeles County, California; (ii) consents to the
      non-exclusive jurisdiction of any such court in any such suit, action or
      proceeding; and (iii) waives any objection which Executive may have to the
      laying of venue of any such suit, action or proceeding in any such court.
      Executive also irrevocably and unconditionally consents to the service of any
      process, pleadings, notices or other papers in a manner permitted by the notice
      provisions of Section 7 hereof. 

     

    4.4
      Executive agrees that for a period of five (5) years following the termination
      of Executive's employment by the Company, Executive will provide, and that
      at
      all times after the date hereof the Company may similarly provide, a copy of
      Sections 2 and 3 hereof to any business or enterprise (i) which Executive may
      directly or indirectly own, manage, operate, finance, join, control or
      participate in the ownership, management, operation, financing or control of,
      or
      (ii) with which Executive may be connected as an officer, director, employee,
      partner, principal, agent, representative, consultant or otherwise, or in
      connection with which Executive may use or permit Executive's name to be used;
      provided, however, that this provision shall not apply in respect of Section
      3
      hereof after expiration of the time period set forth therein. 

     

    5.
      Termination. The Employment Term shall terminate upon the occurrence of any
      one
      of the following events: 

     

    5.1
      Disability. The Company may terminate the Employment Term if Executive is unable
      substantially to perform Executive's duties and responsibilities hereunder
      to
      the full extent required by the Board by reason of illness, injury or incapacity
      (a "Disability") for six (6) consecutive months, or for more than six (6) months
      in the aggregate during any period of twelve (12) calendar months; provided,
      however, that the Company shall continue to pay Executive the Base Salary then
      in effect for the balance of the then remaining Employment Term determined
      without reference to such termination (the "Remaining Employment Term"), but
      the
      amount the Company shall be required to pay Executive shall be reduced by the
      amount of any disability payments received by Executive pursuant to the Benefit
      Coverages. In addition, Executive shall be entitled to the following: (i) a
      pro
      rata bonus, if any, for the year of termination; (ii) any other amounts earned,
      accrued or owing but not yet paid under Section 1 above; 

     

    (iii)
      the
      continued right to exercise any vested stock option, if any, for a period of
      one
      (1) year following the date of Executive's termination; (iv) continued
      participation for the Remaining Employment Term in those Benefit Coverages
      in
      which Executive was participating on the date of termination which, by their
      terms, permit a former employee to participate; and (v) any other benefits
      in
      accordance with applicable plans and programs of the Company. In such event,
      the
      Company shall have no further liability or obligation to Executive for
      compensation under this Agreement except as otherwise specifically provided
      in
      this Agreement. Executive agrees, in the event of a dispute under this Section
      5.1, to submit to a physical examination by a licensed physician selected by
      the
      Board, provided that Executive's own physician may be present at Executive's
      request and sole expense. 

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    5.2
      Death. The Employment Term shall terminate in the event of Executive's death.
      In
      such event, the Company shall pay to Executive's executors, legal
      representatives or administrators, as applicable, an amount equal to the
      installment of Executive's Base Salary set forth in Section 1.3 hereof for
      the
      month in which Executive dies and a pro rata share of any annual bonus to which
      Executive would otherwise be entitled for the year in which such death occurs.
      In addition, Executive's estate shall be entitled to (i) any other amounts
      earned, accrued or owing but not yet paid under Section 1 above; (ii) the
      continued right to exercise any vested stock option for a period of one (1)
      year
      following the date of death; and (iii) any other benefits in accordance with
      applicable plans and programs of the Company. The Company shall have no further
      liability or obligation under this Agreement to Executive's executors, legal
      representatives, administrators, heirs or assigns or any other person claiming
      under or through Executive except as otherwise specifically provided in this
      Agreement. 

     

    5.3
      Cause. The Company may terminate the Employment Term, at any time, for "cause"
      upon thirty (30) days' written notice, in which event all payments under this
      Agreement shall cease, except for Base Salary to the extent already accrued.
      For
      purposes of this Agreement, Executive's employment may be terminated for "cause"
      (i) if Executive is convicted of a felony; (ii) any material neglect or breach
      of duty by Executive, or any failure by Executive to perform such duties as
      may
      be delegated to Executive from time to time; (iii) any willful breach of duty
      by
      Executive in the course of his employment; (iv) any material breach of any
      provision of this Agreement; or (v) Executive commits theft, larceny,
      embezzlement, or fraud, any acts of dishonesty, illegality, moral turpitude
      or
      gross mismanagement as determined in good faith by the Board, whose
      determination shall be final and binding; provided, however, with respect to
      items (ii) and (iii), thirty (30) days' written notice must be given by the
      Company to Executive the first offense, which Executive shall have the right
      to
      cure to the Board's satisfaction. No such advance notice shall be required
      to
      terminate for "cause" with respect to the next offense. 

     

    5.4
      Termination Without Cause. The Company may remove Executive, at any time prior
      to the end of the Employment Term, without cause from the position in which
      Executive is employed hereunder (in which case the Employment Term shall be
      deemed to have ended) upon not less than sixty (60) days' prior written notice
      to Executive; provided, however, that in the event that such notice is given,
      Executive shall be under no obligation to render any additional services to
      the
      Company and, subject to the provisions of Section 3 hereof, shall be allowed
      to
      seek other employment. Upon any such removal, Executive shall be entitled to
      receive as liquidated damages for the failure of the Company to continue to
      employ Executive, only the amount due to Executive under the Company's
      then-current severance pay plan for employees. No other payments or benefits
      shall be due under this Agreement to Executive, except that Executive shall
      be
      entitled to receive payments or benefits under the then-existing Benefit
      Coverages in which Executive is participating in accordance with the respective
      terms of such Benefit Coverages. Notwithstanding any provision in this Agreement
      or the BTWO Stock Option Agreement to the contrary, if Executive is terminated
      by the Company without cause after the first twelve (12) months, an amount
      equal
      to the lesser of one-half (1/2) of the remaining options to be vested under
      the
      then-remaining Employment Term or twelve (12) additional months of vesting
      shall
      be vested and exercisable in accordance with the BTWO Stock Option Agreements.
      

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

     

    Notwithstanding
      the foregoing, upon such removal, without cause under Section 5.4., in the
      event
      that Executive executes a written release of any and all claims against the
      Company and all related parties with respect to all matters arising out of
      Executive's employment by the Company (other than Executive's entitlement under
      any stock options, employee benefit plan or program sponsored by the Company
      in
      which Executive participated and under which Executive has accrued a benefit),
      and the termination thereof, Executive shall be entitled to receive, in lieu
      of
      the payment described in subsection 5.4. hereof, which Executive agrees to
      waive, (i) in equal monthly installments, as liquidated damages for the failure
      of the Company to continue to employ Executive, an amount equal to the amount
      of
      Executive's Base Salary and annual bonus, if any, for the lesser of the
      Remaining Employment Term or twelve (12) months, provided that Executive remains
      in compliance with the provisions of Sections 2 and 3 hereof; (ii) continuation
      of those Benefit Coverages as in effect at the time of such termination or
      removal, or to receive cash in lieu of such benefits or premiums, as applicable,
      where such Benefit Coverages may not be continued (or where such continuation
      would adversely affect the tax status of the plan pursuant to which the Benefit
      Coverage is provided) under applicable law or regulation, for the lesser of
      the
      Remaining Employment Term or twelve (12) months; (iii) any other amounts earned,
      accrued or owing but not yet paid under Section
      1
      above; and (iv) any other benefits in accordance with applicable plans and
      programs of the Company. 

     

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

     

    6.
      Survivorship. The respective rights and obligations of the parties hereunder
      shall survive any termination of the Executive's employment to the extent
      necessary to the intended preservation of such rights and obligations.

     

    7.
      Notices. All notices, requests, demands and other communications hereunder
      shall
      be in writing and shall be deemed to have been duly given when delivered
      personally, by facsimile transmission, or when mailed, by United States
      certified or registered mail, prepaid, to the parties or their assignees at
      the
      following addresses or facsimile numbers (or at such other address as shall
      be
      given in writing by any party): 

     

    If
      to the Company: 

     

    B2Digital,
      Inc. 

    Attn:
      Board of Directors 

    c/o
      Robert C Russell 

    9171
      Wilshire Boulevard, Suite B 

    Beverly
      Hills, California 90210 

    Telephone:
      310-281-2571

    Facsimile:
      310-278-0457 

     

    If
      to Executive: 

     

    Paul
      La
      Barre 

    1030
      S.
      Mesa Drive, Mesa, AZ. 85210

    Telephone:
      480 813 8371 

    Facsimile:
      310-278-0457 

     

    or
      to
      such other names or addresses as the Company or Executive, as the case may
      be,
      shall designate by notice to each other person entitled to receive notices
      in
      the manner specified in this section. 

     

    8.
      Arbitration; Expenses. In the event of any dispute under the provisions of
      this
      Agreement other than a dispute in which the sole relief is an equitable remedy
      such as an injunction, the parties shall be required to have the dispute, controversy
      or claim settled by arbitration in the City of Los Angeles, California in
      accordance with the commercial arbitration rules then in effect of the American
      Arbitration Association. 

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

     

    9.
      Governing Law. This Agreement shall be governed by and construed in accordance
      with the laws of the State of California as if this Agreement was to be
      performed entirely within the State of California by residents of such State,
      and without reference to principles of conflicts of laws. 

     

    10.
      Further Assurances. Each of the parties agrees that from time to time, at the
      request of any other party and without further consideration or consent, they
      will execute and deliver such additional instruments as any other party may
      reasonably request as are necessary to effectuate the purposes of this
      Agreement. 

     

    11.
      Indemnification by the Company. The Company hereby agrees and covenants to
      full
      and completely indemnify and defend Executive in the performance of Executive's
      duties to the fullest extent permitted by applicable laws. In addition, as
      of
      the Effective Date, the Company shall procure, and Executive shall be covered
      by
      an officer and director liability insurance policy. 

     

    12.
      Attorneys' Fees. In the event any litigation, arbitration, mediation or other
      proceeding ("Proceeding") is initiated by any party(ies) against any other
      party(ies) to enforce, interpret or otherwise obtain judicial or quasi-judicial
      relief in connection with this Agreement, the prevailing party(ies) in such
      Proceeding shall be entitled to recover from the unsuccessful party(ies) (a)
      all
      costs, expenses, actual attorneys' and expert witness fees, relating to or
      arising out of such Proceeding (whether or not such Proceeding proceeds to
      judgment), and (b) any post-judgment or post-award proceeding, including,
      without limitation, one to enforce any judgment or award resulting from any
      such
      Proceeding. Any such judgment or award shall contain a specific provision for
      the recovery of all such subsequently incurred costs, expenses, actual
      attorneys' and expert witness fees. The arbitrator(s) or court shall determine
      who is the prevailing party, whether or not the dispute or controversy proceeds
      to final judgment. Company and Executive expressly acknowledge that this section
      is not intended to in any way alter the parties' agreement that arbitration
      shall be the exclusive method of resolving any dispute related to this Agreement
      or Executive's employment with the Company as set forth in Section 7. Company
      and Executive agree that the reference to litigation in this section is included
      so that the prevailing party can recover its attorneys' fees and costs if (a)
      either party files a lawsuit in violation of Section 7 (e.g., fees and costs
      incurred obtaining a court order compelling arbitration); or (b) a court rules
      that the arbitration provision in Section 7 is unenforceable for any reason.
      

     

    
      
         

      

      
        10

        
          

        

      

      
         

      

       

    

    13.
      Entire Agreement. All prior agreements, representations and understandings
      between the parties are incorporated in this Agreement and schedules and exhibit
      hereto, which together constitute the entire contract between the parties.
      The
      terms of this Agreement are intended by the parties as a final expression of
      their agreement with respect to such terms as are included herein and may not
      be
      contradicted by evidence of any prior or contemporaneous written or oral
      representations, agreements or understandings, whether express or implied.
      The
      parties further intend that this Agreement constitutes the complete and
      exclusive statement of its terms and that no extrinsic evidence whatsoever
      may
      be introduced in any judicial proceeding, if any, involving this Agreement.
      No
      amendment or variation of the terms of this Agreement shall be valid unless
      made
      in writing and signed by each of the parties. 

     

    14.
      Venue
      and Jurisdiction. For purposes of venue and jurisdiction, this Agreement shall
      be deemed made and to be performed in the City of Los Angeles, California.
      

     

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

     

    15.
      Counterparts; Facsimile. This Agreement may be executed in one or more
      counterparts, each of which shall be deemed an original, but all of which
      together shall constitute one and the same instrument. This Agreement may be
      executed by facsimile (with originals to follow by United States mail), and
      such
      facsimile shall be conclusive evidence of the consent and ratification of the
      signatories hereto. 

     

    16.
      Headings. The headings of the various Sections of this Agreement have been
      inserted only for convenience and shall not be deemed in any manner to modify
      or
      limit any of the provisions of this Agreement or be used in any manner in the
      interpretation of this Agreement. 

     

    17.
      Interpretation. Whenever the context so requires, all words used in the singular
      shall be construed to have been used in the plural (and vice versa), each gender
      shall be construed to include any other genders, and the word "person" shall
      be
      construed to include a natural person, a corporation, a firm, a partnership,
      a
      joint venture, a trust, an estate or other entity. 

     

    18.
      Severability. If any provision of this Agreement shall be declared invalid,
      illegal or unenforceable, such provision shall be severed and all remaining
      provisions shall continue in full force and effect. 

     

    19.
      Successors-in-Interest and Assigns. This Agreement shall be binding upon and
      shall inure to the benefit of the successors-in-interest and assigns of each
      party to this Agreement, except that the duties and responsibilities of
      Executive hereunder are of a personal nature and shall not be assignable or
      delegable in whole or in part by Executive. Nothing in this Section shall create
      any rights enforceable by any other persons not a party to this Agreement,
      unless such rights are expressly granted in this Agreement to other specifically
      identified persons. 

     

    20.
      Amendment and Waiver. This Agreement may not be amended and the observance
      of
      any term of this Agreement may not be waived (either generally or in a
      particular instance and neither retroactively or prospectively), without the
      written consent of the parties hereto. 

     

    21.
      Beneficiaries; References. Executive shall be entitled, to the extent permitted
      under any applicable law, to select and change a beneficiary or beneficiaries
      to
      receive any compensation or benefit payable hereunder following Executive's
      death by giving the Company written notice thereof. In the event of Executive's
      death or a judicial determination of Executive's incompetence, reference in
      this
      Agreement to Executive shall be deemed, where appropriate, to refer to
      Executive's beneficiary, estate or other legal representative. 

     

    IN
      WITNESS WHEREOF, the undersigned, intending to be legally bound, have executed
      this Agreement as of the date first above written. 

     

    
      B2Digital,
        Inc. 

      a
        Delaware corporation 

       

      
        	 	 	 
	 	 
	 
 	 
 	 
 
	 	By:  	/s/ Robert
                C Russell
	 	
                
Robert
                C Russell
	 	
                Chairman
                  of the Board, Director

              

      

       

      Executive
        

       

      
        	 	 	 
	 	 
	 
 	 
 	 
 
	 	By:  	/s/ Paul
                La Barre 
	 	
                
Paul
                La Barre
	 	
                
                  Director
                    and Chief Operation
                    Officer

                

              

      

       

    

    

    
      
         

      

      
        12

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}]]