Document:

Exhibit 4.4

 

UNLESS PERMITTED UNDER SECURITIES LEGISLATION,
THE HOLDER OF THIS SECURITY AND THE SECURITIES INTO WHICH THIS SECURITY IS CONVERTIBLE SHALL NOT TRADE SUCH SECURITIES BEFORE OCTOBER
23, 2020.

 

WITHOUT THE PRIOR WRITTEN APPROVAL OF THE TSX
VENTURE EXCHANGE AND COMPLIANCE WITH ALL APPLICABLE SECURITIES LEGISLATION, THE SECURITIES REPRESENTED BY THIS CERTIFICATE AND
ANY SECURITIES ISSUED ON EXERCISE HEREOF MAY NOT BE SOLD, TRANSFERRED, HYPOTHECATED OR OTHERWISE TRADED ON OR THROUGH THE FACILITIES
OF THE EXCHANGE OR OTHERWISE IN CANADA OR TO OR FOR THE BENEFIT OF A CANADIAN RESIDENT UNTIL OCTOBER 23, 2020.

 

Issue Date: June 22, 2020

 

Certificate No. 01

 

UNSECURED CONVERTIBLE DEBENTURE

 

FOR VALUE RECEIVED, SIYATA MOBILE INC. (the
“Company”) promises to pay to Accel Telecom Ltd. of Meshek 43 Bene Atarot 6099100 Israel (the
“Holder”), the principal sum of C$1,330,000 in lawful currency of Canada (the “Principal Amount”)
on or before June 22, 2021 (the “Maturity Date”), subject to section 4.1 and the terms and conditions hereof.
This Debenture shall bear interest calculated per annum at the Interest Rate (as defined herein).

 

This Debenture is subject to the following additional terms
and conditions:

 

		1.	Definitions

 

		1.1	For the purposes hereof, in addition to the terms defined
elsewhere in this Debenture, the following terms shall have the following meanings:

 

		(a)	“Business Day” means any day except Saturday, Sunday and any day which shall
be a statutory holiday in the province of British Columbia or a day on which banking institutions in the province of British Columbia
are authorized or required by law or other government action to close;

 

		(b)	“Change of Control” means (i) any event as a result of, or following which,
any person, or group of persons “acting jointly or in concert” within the meaning of applicable Canadian securities
laws, beneficially owns or exercises control or direction over an aggregate of more than 50% of the then outstanding Common Shares;
or (ii) the sale or other transfer of all or substantially all of the consolidated assets of the Company;

 

		(c)	“Common Shares” means the common shares in the capital of the Company and
shares of any other class into which such Common Shares may hereafter have been reclassified or changed;

 

		(d)	“Conversion Date” has the meaning set forth in Section 3.2 hereof;

 

		(e)	“Conversion Price” means $0.30;

 

		(f)	“Conversion Share” means a Common Share issuable upon conversion of all or
a portion of the Principal Amount;

 

		(g)	“Debenture” means this unsecured convertible debenture;

 

		(h)	“Exchange” means the TSX Venture Exchange;

 

		(i)	“Interest Rate” means 10.0% per annum;

 

     

     

    

 

		(j)	“Issue Date” means June 22, 2020;

 

		(k)	“Offering” means the offering of convertible debentures and warrants by the Company for aggregate gross
proceeds of up to USD$1,400,000 under which this Debenture is being issued;

 

		(l)	“Person” means a corporation, association, partnership, organization, business, individual, government or
political subdivision thereof;

 

		(m)	“Principal Amount” means the principal amount as may be due and owing by the Company to the Holder from
time to time under this Debenture; and

 

		(n)	“Trading Day” means a day on which the Common Shares are traded on the Exchange or other trading market
on which the Common Shares are then listed or quoted, provided that, in the event that the Common Shares are not listed or quoted,
then Trading Day shall mean a Business Day.

 

		1.2	Unless otherwise provided, all dollar amounts referred
to in this Debenture are in lawful money of Canada.

 

		2.	Interest

 

		2.1	The Principal Amount shall bear simple interest both
before and after maturity, default and judgment, from and including the Issue Date to the date of repayment in full, or conversion,
at the Interest Rate. Such interest will be calculated quarterly, not in advance, on the basis of a year of 365 days and payable
quarterly after the Issue Date. In the event that the entire Principal Amount remaining outstanding is converted into Conversion
Shares, any interest owing as of the Conversion Date (as defined below), will be paid by the Company within three Business Days
of the Conversion Date.

 

		3.	Conversion

 

		3.1	Subject to Section 4, at any time after the Issue Date
until one Business Day prior to the Maturity Date, and provided that this Debenture is then outstanding, the Principal Amount
then outstanding may be converted into Conversion Shares at the option of the Holder, in whole or in part, at any time and from
time to time. The Holder shall convert a minimum of $6,000 of the Principal Amount for any conversion, unless there is less than
$6,000 of the Principal Amount then outstanding.

 

		3.2	The Holder shall effect conversions by delivering to
the Company a duly completed and executed Notice of Conversion in the form attached hereto as Appendix A (a “Notice of
Conversion”), specifying the aggregate amount of the Principal Amount to be converted and the date on which such conversion
is to be effected (a “Conversion Date”), which date shall not be more than ten (10) days following the date
of delivery of the Notice of Conversion. If no Conversion Date is specified in a Notice of Conversion, the Conversion Date shall
be the date that is five (5) Business Days following the date of delivery of the Notice of Conversion. To effect conversions
hereunder, the Holder shall be required to electronically surrender the Debenture to the Company.

 

		3.3	Any conversions hereunder shall have the effect of lowering
the outstanding Principal Amount in an amount equal to the applicable amount of the Principal Amount being converted. The Holder
and the Company shall maintain records showing all Principal Amounts converted and the date of such conversions. The Company shall
deliver any objection to any Notice of Conversion within five (5) Business Days of receipt of such notice. The Holder, by acceptance
of this Debenture, acknowledges and agrees that, following conversion of a portion of this Debenture, the unpaid and unconverted
Principal Amount will be less than the amount stated on the face hereof and a new certificate will be issued to reflect such new
Principal Amount.

 

		3.4	The number of Conversion Shares issuable upon any conversion
shall be determined by the quotient obtained by dividing (x) by (y) where (x) is equal to the amount of the Principal Amount to
be converted and (y) is the Conversion Price.

 

    2

     

    

 

		3.5	Not later than ten (10) Trading Days after any Conversion
Date, the Company will deliver to the Holder a certificate representing the number of Conversion Shares being issued, which certificate
shall bear such restrictive legends and trading restrictions as are required by applicable laws and by the Exchange.

 

		3.6	If the Company shall at any time or from time to time,
while any Principal Amount is still outstanding, effect a subdivision or consolidation of the outstanding Common Shares, the Conversion
Price in effect immediately before a subdivision shall be proportionately decreased, and, conversely, the Conversion Price in
effect immediately before a consolidation shall be proportionately increased. Any adjustment under this Section 3.6 shall become
effective at the close of business on the date the subdivision or consolidation becomes effective.

 

		3.7	If the Company at any time or from time to time while
this Debenture is outstanding, issues, or fixes a record date for the determination of holders of Common Shares entitled to receive,
a dividend or other distribution payable solely in Common Shares, the Conversion Price that is then in effect shall be decreased
as of the time of such issuance or, in the event such record date is fixed, as of the close of business on such record date, by
multiplying the Conversion Price by a fraction (i) the numerator of which is the total number of Common Shares issued and outstanding
immediately prior to the time of such issuance or the close of business on such record date, and (ii) the denominator of which
is the sum of the total number of Common Shares issued and outstanding immediately prior to the time of such issuance or the close
of business on such record date plus the number of Common Shares issuable in payment of such dividend or distribution; provided,
however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the
date fixed therefore, the Conversion Price shall be recomputed accordingly as of the close of business on such record date and
thereafter the Conversion Price shall be adjusted pursuant to this Section 3.7 to reflect the actual payment of such dividend
or distribution.

 

		3.8	If at any time while this Debenture is outstanding, (i)
the Company effects any merger or combination of the Company with or into another entity, (ii) the Company effects any sale of
all or substantially all of its assets in one or more transactions, (iii) any tender offer or exchange offer (whether by the Company
or another entity) is completed pursuant to which holders of Common Shares are permitted to tender or exchange their Common Shares
for other securities, cash or property, or (iv) the Company effects any reclassification or recapitalization of the Common Shares
or any compulsory share exchange pursuant to which the Common Shares are effectively converted into or exchanged for other securities,
cash or property (other than a subdivision, consolidation or dividend provided for elsewhere in this Section 3) (in any such case,
a “Fundamental Change”), then, upon any subsequent conversion of this Debenture, the Holder shall have the right to
receive, for each Conversion Share that would have been issuable upon such conversion absent such Fundamental Change, the same
kind and amount of securities, cash or property as it would have been entitled to receive upon the occurrence of such Fundamental
Change if it had been, immediately prior to such Fundamental Change, the holder of one Common Share (the “Alternate Consideration”).
If holders of Common Shares are given any choice as to the securities, cash or property to be received in a Fundamental Change,
then the Holder shall be given the same choice as to the Alternate Consideration it receives upon any conversion of this Debenture
following such Fundamental Change. In the event of a Fundamental Change, the Company or the successor or purchasing entity, as
the case may be, shall execute with the Holder a written agreement providing that:

 

		(a)	this Debenture shall thereafter entitle the Holder to purchase the Alternate Consideration; and

 

		(b)	in the case of any such successor or purchasing entity, upon such consolidation, merger, statutory exchange, combination, sale
or conveyance, such successor or purchasing entity shall be jointly and severally liable with the Company for the performance of
all of the Company’s obligations under this Debenture.

 

		3.9	If, in the case of any Fundamental Change, the Alternate
Consideration includes shares, other securities, other property or assets of an entity other than the Company or any such successor
or purchasing entity, as the case may be, then such written agreement shall also be executed by such other entity and shall contain
such additional provisions to protect the interests of the Holder as the board of directors of the Company shall reasonably consider
necessary by reason of the foregoing. At the Holder’s request, any successor to the Company or surviving entity in such
Fundamental Change shall issue to the Holder a new Debenture consistent with the foregoing provisions and evidencing the Holder’s
right to convert such Debenture into Alternate Consideration. The terms of any agreement pursuant to which a Fundamental Change
is effected shall include terms requiring any such successor or surviving entity to comply with the provisions of this Section
3 and insuring that this Debenture (or any such replacement security) will be similarly adjusted upon any subsequent transaction
analogous to a Fundamental Change.

 

    3

     

    

 

		3.10	The Company covenants that it will at all times reserve
and keep available out of its authorized and unissued Common Shares, Conversion Shares for the purpose of issuance upon conversion
of the Debenture, free from pre-emptive rights or any other actual contingent purchase rights of Persons other than the Holder,
not less than such number of Conversion Shares as shall be issuable upon the conversion of the Principal Amount. The Company covenants
that all Conversion Shares that shall be so issuable shall, upon issue, be duly and validly authorized, issued and fully paid
and non-assessable.

 

		3.11	Upon a conversion hereunder, the Company shall not be
required to issue share certificates representing fractions of Conversion Shares, and the Company shall be entitled to round the
number of Conversion Shares down to the nearest whole number. The Holder agrees to waive any rights or entitlements to fractional
Conversion Shares that the Holder may have in connection with a conversion hereunder.

 

		3.12	In each case of an adjustment or readjustment of the
Conversion Price for the number of Conversion Shares issuable upon conversion of this Debenture, the Company, at its own expense,
shall cause its Secretary or other officer as directed by the board of directors of the Company to compute such adjustment or
readjustment in accordance with the provisions hereof and prepare a certificate showing such adjustment or readjustment, and shall
deliver such certificate to the Holder in accordance with Section 6.1. The certificate shall set forth such adjustment or readjustment,
showing in detail the facts upon which such adjustment or readjustment is based. No adjustment in the Conversion Price shall be
required to be made unless it would result in an increase or decrease of at least one cent, but any adjustments not made because
of this sentence shall be carried forward and taken into account in any subsequent adjustment otherwise required hereunder.

 

		4.	Change of Control

 

		4.1	Upon a Change of Control of the Company, holders of the
Debentures will have the right to require the Company to repurchase their Debentures, in whole or in part, on the date that is
30 days following the giving of notice of the Change of Control, at a price equal to 100% of the Principal Amount of the Debentures
then outstanding, plus accrued and unpaid interest thereon (the “Offer Price”).

 

If 90% or more of the aggregate principal amount of
all debentures issued under the Offering that are outstanding on the date of the notice of the Change of Control have been tendered
for redemption, the Company will have the right to redeem all of the remaining debentures (including this Debenture) at the Offer
Price.

 

		5.	Events of Default

 

		5.1	The occurrence of any of the following shall constitute
an “Event of Default” under this Debenture:

 

		(a)	the Company failing to pay any Principal Amount or interest payment hereof on the applicable due date hereunder and such failure
continuing for ten (10) days after written notice thereof is delivered to the Company;

 

		(b)	the Company failing to observe or perform any other covenant or agreement contained in this Debenture which failure is not
cured, if possible to cure, within thirty (30) calendar days after notice of such default is sent by the Holder to the Company;

 

    4

     

    

 

		(c)	the Company (i) applying for or consenting to the appointment of a receiver, trustee, liquidator or custodian of itself or
of all or a substantial part of its property, (ii) being unable, or admitting in writing its inability, to pay its debts generally
as they mature, (iii) making a general assignment for the benefit of its or any of its creditors, (iv) being dissolved
or liquidated in full or in part (v) commencing a voluntary case or other proceeding seeking liquidation, reorganization or other
relief with respect to itself or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or
consenting to any such relief or to the appointment of or taking possession of its property by any official in an involuntary case
or other proceeding commenced against it, or (vi) taking any action for the purpose of effecting any of the foregoing; and

 

		(d)	proceedings for the appointment of a receiver, trustee,
liquidator or custodian of the Company or of all or a substantial part of the property thereof, or an involuntary case or other
proceedings seeking liquidation, reorganization or other relief with respect to the Company or the debts thereof under any bankruptcy,
insolvency or other similar law now or hereafter in effect being commenced and an order for relief entered or such proceeding
is not dismissed or discharged within thirty (30) days of commencement.

 

		5.2	Upon the occurrence or existence of any Event of Default
and following the expiry of any applicable grace periods and at any time thereafter during the continuance of such Event of Default,
the Holder may, by written notice to the Company, declare all outstanding amounts payable by the Company hereunder to be immediately
due and payable without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived,
anything contained herein to the contrary notwithstanding. Upon the occurrence or existence of any Event of Default described
in subsections 5.1(c) hereof, immediately and without notice, all outstanding amounts payable by the Company hereunder shall automatically
become immediately due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby
expressly waived, anything contained herein to the contrary notwithstanding. In addition to the foregoing remedies, upon the occurrence
or existence of any Event of Default, the Holder may exercise any other right, power or remedy permitted to it by law, either
by suit in equity or by action at law, or both.

 

		6.	Notices

 

		6.1	Any notice required or permitted to be given to the Company
or the Holder will be in writing and may be given by prepaid registered post, electronic transmission or other means of electronic
communication capable of producing a printed copy to the address of the party set forth below or such other address as such party
may specify by notice in writing to the other party, and any such notice will be deemed to have been given and received by the
party to whom it was addressed if mailed, on the third day following the mailing thereof, if by electronic communication, on the
date sent, or, if delivered, on delivery; but if at the time of mailing or between the time of mailing and the third Business
Day thereafter there is a strike, lockout, or other labour disturbance affecting postal service, then the notice will not be effectively
given until actually delivered:

 

To the Company:

 

SIYATA MOBILE INC.

2200-885 West Georgia St.

Vancouver, British Columbia, V6C 3E8

 

Attention: Gerald Bernstein

Email: gerry@siyatamobile.com

 

with an electronic copy to:

 

Attention: Jeff Durno

Email: jdurno@casselsbrock.com

 

To the Holder at the address set forth above.

 

    5

     

    

 

		7.	Exchange or Replacement of Debenture

 

		7.1	The Holder may, at its option, in person or by duly authorized
attorney, surrender this Debenture for exchange at the principal business office of the Company and receive in exchange therefor
a new Debenture in the same principal amount as the unpaid Principal Amount of this Debenture and bearing interest at the same
annual rate as this Debenture, each such new Debenture to be dated as of the date of this Debenture and to be in such Principal
Amount as remains unpaid and payable to such Holder.

 

		7.2	Upon receipt by the Company of evidence satisfactory
to it of the loss, theft, destruction, or mutilation of this Debenture and (in the case of loss, theft or destruction) of an indemnity
reasonably satisfactory to it, and upon surrender and cancellation of this Debenture, if mutilated, the Company will deliver a
new Debenture of like tenor in lieu of this Debenture. Any Debenture delivered in accordance with the provisions of this Section
7.2 shall be dated as of the date of this Debenture.

 

		8.	Governing Law

 

		8.1	All questions concerning the construction, validity,
enforcement and interpretation of this Debenture shall be governed by and construed and enforced in accordance with the laws of
the Province of British Columbia and the federal laws of Canada applicable therein, without regard to the principles of conflicts
of law thereof.

 

		9.	Waivers

 

		9.1	The Company hereby waives presentment, demand for payment,
notice of dishonour, notice of protest and all other notices or demands in connection with the delivery, acceptance, performance
or default of this Debenture. No delay by the Holder in exercising any power or right hereunder shall operate as a waiver of any
power or right, nor shall any single or partial exercise of any power or right preclude other or further exercise thereof, or
the exercise thereof, or the exercise of any other power or right hereunder or otherwise; and no waiver whatsoever or modification
of the terms hereof shall be valid unless set forth in writing by the Holder and then only to the extent set forth therein.

 

		10.	Amendments

 

		10.1	This Debenture may not be amended without the express
written consent of both the Company and the Holder.

 

		11.	Severability

 

		11.1	If any provision of this Debenture is invalid, illegal
or unenforceable, the balance of this Debenture shall remain in effect, and if any provision is inapplicable to any Person or
circumstance, it shall nevertheless remain applicable to all other Persons and circumstances.

 

		12.	Next Business Day

 

		12.1	Whenever any payment or other obligation hereunder shall
be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.

 

		13.	Time of the Essence

 

		13.1	Time will be of the essence of this Debenture.

 

[Remainder of page left intentionally blank.]

 

    6

     

    

 

IN WITNESS WHEREOF, the Company has caused this Debenture to
be electronically executed by a duly authorized officer as of the date first above indicated. This Debenture is electronically
signed and is the only copy that will be issued and is deemed original

 

SIYATA MOBILE INC.

 

	Per:	 	 
	 	Authorized Signatory	 

 

    7

     

    

 

APPENDIX A

 

NOTICE OF CONVERSION

 

The undersigned hereby irrevocably elects to convert principal
due under the attached Debenture of SIYATA MOBILE INC., a company incorporated pursuant to the laws of the province of British
Columbia (the “Company”), into Conversion Shares according to the terms and conditions of the Debenture, as
of the date written below. If Conversion Shares are to be issued in the name of a Person other than the undersigned, the undersigned
will pay all transfer taxes payable with respect thereto and is delivering herewith such certificates, including a medallion guarantee
stock power of attorney and such opinions as reasonably requested by the Company. No fee will be charged to the Holder for any
conversion, except for such transfer taxes, if any. Capitalized terms used herein and not otherwise defined shall have the meanings
set out in the Debenture.

 

The undersigned agrees to comply with applicable securities
laws in connection with any transfer of the aforesaid Conversion Shares.

 

	Conversion Date:	 	 
	 	 	 
	Conversion Price for Principal Amount:	 	 
	 	 	$0.30
	Principal Amount to be converted:	 	 
	 	 	$
	Number of Conversion Shares to be issued:	 	 
	 	 	 
	Principal Amount of Debenture remaining unconverted:	 	 
	 	 	$
	Register the Conversion Shares in the following name and address:	 	 
	 	 	 
	Signature of the Holder:	 	 
	 	 	 
	Name:	 	 
	 	 	 
	Address:	 	 
	 	 	 
	Phone Number:	 	 
	 	 	 
	Email:	 	 

 

 

8Exhibit 10.6

 

AMENDED AND RESTATED EMPLOYMENT
AGREEMENT 

 

THIS AMENDED AND RESTATED AGREEMENT dated
as of the 1st day of July, 2018.

 

BETWEEN:

 

SIYATA MOBILE INC., a corporation incorporated
under the laws of the Province of British Columbia having its head office at Suite A-414, 1001 St. Lenoir Street, Montreal, QC
H4C 2Z6

 

(“Siyata” or the “Company”)

 

AND:

 

GERALD BERNSTEIN, of 6080 David Lewis, Montreal,
QC H3X 4A3

 

(“Employee”)

 

WHEREAS:

 

		A.	Siyata and the Employee entered into an employment effective
June 6, 2016 (the “Original Employment Agreement”) whereby Siyata employed the Employee as its Chief Financial
Officer;

 

		B.	Siyata and the Employee wish to make certain amendments
to the terms of the Original Employment Agreement pursuant to the terms of this Agreement, which Agreement shall restate and supersede
all prior agreements relating to the subject matter hereof;

 

NOW THEREFORE THIS AGREEMENT WITNESSES
that in consideration of the promises, covenants, agreements and payments herein contained, the parties hereto agree as follows:

 

Position 

 

		1.	Subject to any approval of the TSX Venture Exchange,
Siyata wishes to employ Employee as the Company’s Chief Financial Officer, and Employee agrees to serve Siyata in such capacities,
upon the terms and subject to the conditions contained herein.

 

Duties

 

		2.	Employee
shall diligently and faithfully devote such time and effort to the provision of services to Siyata hereunder as are necessary
to efficiently and competently perform the services required by this Agreement and the discharge of his duties hereunder. Employee
shall report to the Chief Executive Officer, or such other person as may be determined by Siyata from time to time.

 

     

     

    

 

Remuneration 

 

		3.	Unless
otherwise agreed by the parties, Siyata shall pay to Employee and he shall be entitled to receive a gross annual salary of $140,000
(the “Annual Salary”). The Annual Salary shall be payable in arrears in equal bi-weekly instalments, subject
to deductions required by law. This remuneration shall commence on the hiring date. The hiring date shall be defined as of June
6th, 2016.

 

		4.	The Board will undertake a review of the Annual Salary
at least once every year. Increases in the Annual Salary will not be automatic but will be made solely at the discretion of the
Board in consultation with the Chief Executive Officer. Increases to the Annual Salary, if any, will be based on such factors
as the Board and the Chief Executive Officer considers relevant.

 

Change of Control

 

		5.	If
this Agreement is terminated by the Company, other than pursuant to Section 14(c) of this Agreement, or if the Contractor is constructively
dismissed at any point within 6 (six) months of the occurrence of a Change of Control (as that term is defined in Section 6) then,
in such circumstance:

 

		(a)	the Company shall pay the Employee an amount equal to
two (2) years’ Annual Salary (as defined above); and

 

		(b)	if the Employee holds any options, rights, warrants,
or other entitlements for the purchase or acquisition of securities in the capital of the Company (collectively, the “Options”),
regardless of whether such Options are then exercisable in accordance with the terms thereof and notwithstanding the terms
and conditions of such Options or of any plan or other document affecting such Options, all of such Options shall thereupon be
immediately fully vested and any unexercised portion of such Options shall thereafter be exercisable by the Employee.

 

		6.	For the purposes of this agreement, a “Change of
Control” means any of the following:

 

		(a)	at least 50% of the fair-market value of all the assets
of the Company are sold;

 

		(b)	there is direct or indirect acquisition by a person or
group of persons (excluding the Employee or any person associated with the Employee) acting jointly or in concert of voting securities
of the Company (as defined in the Securities Act (British Columbia) and as the same may be amended from time to time and
any successor legislation thereto) that when taken together with any voting securities owned directly or indirectly by such person
or group of persons at the time of the acquisition, constitute 20% or more of the outstanding voting securities of the Company;

 

		(c)	a majority of the then-incumbent Board of Directors’
nominees for election to the Board of Directors of the Company are not elected at any annual or special meeting of shareholders
of the Company;

 

		(d)	a liquidation, dissolution or winding-up of the Company;
or

 

		(e)	the amalgamation, merger or arrangement of the Company with or into another entity where the shareholders of the Company immediately prior to the transaction will hold less than 51% of the voting securities of the resulting entity upon completion of the transaction;

                                                                                 

                                                                                but does not include any transaction that may occur between the Company, any affiliate or subsidiary of the Company or, as applicable, any person associated with the Company or any affiliate or subsidiary of the Company, which, but for such relationship the transaction would otherwise constitute a Change of Control hereunder.

 

    - 2 -

     

    

 

Incentive Stock Options and Bonuses

 

		7.	Employee
shall be eligible for an annual bonus, to be determined by the compensation committee of the Board, in its sole discretion.

 

		8.	Upon execution of this agreement the Employee will receive
a grant of 360,000 stock options under the Company’s security based compensation arrangements. The options will vest quarterly
in twelve equal tranches of 30,000 options over three years from the date of the grant. Notwithstanding the forgoing, if at any
time the Employee is terminated by the Company in accordance with section 14(c), 60,000 stock options will vest immediately. All
stock options are governed by the terms of the Company’s stock option plan.

 

Expenses

 

		9.	Siyata
shall reimburse Employee for all reasonable business related expenses incurred by Employee in the course of performing his duties
hereunder, provided that such expenses are supported by proper statements or vouchers supplied to Siyata including but not limited
to travel and entertainment expenses. Any expenditures (in excess of $1,000) including all related expenses must be approved in
advance by the CEO.

 

Benefits 

 

		10.	Siyata may establish employee benefit plans for its employees
and, in that event, Employee shall be entitled to participate in such benefit plans on the same basis as the other employees at
his level, subject to the terms and conditions of the benefit plan policies.

 

		11.	Employee is entitled to a reimbursement of car expenses
incurred for business purposes. Said reimbursement of car expenses shall not exceed $1,000 per month based on an average to be
calculated semi-annually (i.e. It is possible that in any given month expenses may exceed $1,000 however a semi-annual reconciliation
shall be performed to ensure the cumulative amount does not exceed $6,000 in a six momth period).

 

		12.	Siyata will pay the Employee’s licensing and insurance
fees in connection with his membership as a certified public accountant. The Company will also pay for training courses which
are reasonably required to allow the Employee to remain a certified public accountant in good standing.

 

Vacation 

 

		13.	Employee shall be entitled to 4 (four) weeks’ vacation
with pay in each year, in addition to statutory holidays. All such vacation time shall be taken by Employee at times mutually
agreeable to Siyata and Employee. Any unused vacation in any year may not be carried forward, but unused vacation pay shall be
paid out on the next payroll date following the year end.

 

    - 3 -

     

    

 

Termination 

 

		14.	Siyata may terminate Employee’s employment hereunder
as follows:

 

		(a)	at any time for Just Cause without any prior notice or
compensation;

 

		(b)	in the event of the death of Employee, immediately and
without any notice or compensation; or

 

		(c)	at any time upon payment by Siyata to Employee of a lump
sum reflecting the greater of: (i) payments equal to 90 days and benefits; and (ii) such amounts Employee is entitled to under
applicable legislation.

 

“Just Cause” as used
herein, shall mean: (i) a material violation by the Employee of the Employee’s obligations hereunder, or a written directive from
either the Chairman of the Board, the Board or the Company’s Chief Executive Officer which directive is lawful and consistent with
the position and duties of the Employee as herein described, (A) which is willful and deliberate on the Employee’s part, and (B)
which either has not been cured by the Employee or does not cease within fifteen (15) days after receipt by the Employee of notice
to the Employee specifying the nature of such violations, or is, in the reasonable discretion of the Board, not curable; (ii) an
act or acts of dishonesty on the Employee’s part which are intended to, or do, result in either the Employee’s personal enrichment
or material adverse affects upon the Company’s assets, business, prospects, or reputation, provided however, as a matter of clarity,
no act of the Employee conducted in good faith which is consistent with his position and duties but which coincidentally negatively
affects the Company’s assets, business, prospects or reputation shall constitute an act of “dishonesty” under this subpart
(ii); or (iii) a conviction of a felony or a misdemeanor involving fraud, breach of trust, or misappropriation.

 

		15.	The Employee may terminate his employment hereunder at
any time on thirty days notice in writing to Siyata.

 

Confidential Information 

 

		16.	For the purposes of this Agreement, the term “Confidential
Information and Materials” includes all information and material presently belonging to, used by, or in the possession of
Siyata and any of its subsidiaries (the “Subsidiaries”) relating to any its business, products or intellectual
property in which it or its Subsidiaries have an interest, or relating to the business and affairs of Siyata and the Subsidiaries.
The term “Confidential Information and Materials” also includes any confidential commercial, financial or technical
information relating to the business of Siyata and any of its Subsidiaries.

 

		17.	Employee acknowledges that all of the Confidential Information
and Materials are, and will continue to be, the exclusive property of Siyata, whether or not prepared in whole or in part by Employee
and whether or not disclosed or entrusted to the custody of Employee or obtained by Employee.

 

		18.	Employee will not disclose, except as required by law,
any Confidential Information and Materials, in whole or in part, to any person or other entity, for any reason or purpose whatsoever,
unless first authorized to do so by Siyata. Subject to section 17, Employee will not use the Confidential Information and Materials
of Siyata for his own purpose or for the benefit of any other person or entity except Siyata, whether such consists of duplication,
removal, oral use or disclosure, the transfer of any Confidential Information and Materials in any manner, or any other unauthorized
use.

 

    - 4 -

     

    

 

Return of Siyata Property

 

		19.	Upon termination of this Agreement, for whatever reason,
Employee will immediately surrender to Siyata all of Siyata’s property, documents (whether in written or electronic form) and
all copies thereof, including, without limiting the foregoing, all financial accounts, records, plans, libraries, data bases or
any other property or things of value in his possession or in the possession of any person or other entity under his control which
in any way relate, directly or indirectly, to any Confidential Information and Materials or to the business or operations of Siyata
and its Subsidiaries.

 

		20.	The provisions of sections 16, 17, 18, and 19 will continue
to be binding upon Employee for a period of twelve months following the date of termination of this Agreement.

 

Notice

 

		21.	Any
notice, demand or other communication (in this section, a “notice”) required or permitted to be given or made pursuant
to the terms and conditions of this Agreement shall be in writing and shall be sufficiently given or made if:

 

		(a)	delivered in person during normal business hours on a
business day and left with a receptionist or other responsible employee of the addressee at the applicable address set forth above;
or

 

		(b)	sent by facsimile transmission, charges prepaid and confirmed
by prepaid first class mail

 

in each case addressed to the
relevant party as set forth on the first page of this Agreement. Each notice sent in accordance with this section shall be deemed
to have been received on the day of delivery, if delivered as aforesaid and, if sent by facsimile transmission, on the date of
sending if sent during normal business hours of the addressee on a business day and, if not, on the first business day thereafter.
Any party may change its address for notice by giving notice to the other party in accordance with this section.

 

Successors and Assigns 

 

		22.	This Agreement enures to the benefit of and is binding
upon the parties hereto and their respective heirs, personal representatives and successors, and permitted assigns.

 

Waiver

 

		23.	The
waiver by Employee or by Siyata of the breach of any provision of this Agreement will not operate or be construed as the waiver
of any subsequent breach by Employee or by Siyata.

 

    - 5 -

     

    

 

Severability

 

		24.	Each
provision of this Agreement constitutes a separate covenant. If any provision of this Agreement is held by a Court to be unenforceable
or invalid, such unenforceability or invalidity will not affect the enforceability or validity of the remaining provisions of
this Agreement and this Agreement will be interpreted as if such unenforceable or invalid provisions were not contained herein.

 

Entire Agreement 

 

		25.	This Agreement contains the entire agreement between
Employee and Siyata, supersedes any prior agreements and any other representations or discussions and may only be amended in writing
signed by the parties.

 

Governing Law 

 

		26.	This Agreement shall be governed by and construed in
accordance with the laws of the Province of British Columbia and the parties irrevocably attorn to the jurisdiction of the Courts
of British Columbia.

 

Time

 

		27.	Time is of the essence of this Agreement.

 

Execution in Counterparts 

 

		28.	This Agreement may be signed in counterparts, each of
which so signed shall be deemed to be an original, and such counterparts together shall constitute one and the same instrument.

 

Independent Legal Advice 

 

		29.	Siyata and Employee acknowledge that they understand
the terms of this Agreement and acknowledge that the terms are mutually fair and equitable and that they have executed this Agreement
voluntarily and of their own free will. Employee acknowledges that Siyata’s solicitors have prepared this Agreement but that he
has been provided with the opportunity to obtain and has obtained independent legal advice before executing this Agreement.

 

Currency

 

		30.	All
dollar amounts in this agreement refer to Canadian Dollars.

 

    - 6 -

     

    

 

IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above
written.

 

	SIYATA MOBILE INC.	 	 
	 	 	 	 
	Per:	 	 	 
	 	 	 	 
	SIGNED BY GERALD BERNSTEIN in the presence of

	 	 
	 	 	 
	/s/ Sean Timstt	 	/s/ Gerald Bernstein
	Witness Signature	 	GERALD BERNSTEIN
	 	 	 
	Name:	SEAN TIMSTT	 	 
	(please Print)	11 Hillside Ave	 	 
	Address:	#208 Montreil, 	 	 
	 	Qubec. H32IV8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00313-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00313-of-00352.parquet"}]]