Document:

Exhibit 10.14

 

INVESTMENT AGREEMENT

 

THIS INVESTMENT AGREEMENT (this “Agreement”),
dated as of January 18, 2022, is by and among (i) byNordic Acquisition Corporation, a Delaware corporation (the “SPAC”),
(ii) Water by Nordic AB, a Swedish limited liability company (the “Sponsor”), (iii) byNordic Holdings LLC, a Delaware
limited liability company (“byNordic Holdings” and, together with the Sponsor, each, a “Transferor”
and collectively, the “Transferors”) and (iv) [______] (“Investor”).

 

WHEREAS, in connection with the initial public
offering (the “IPO”) of units of the SPAC (the “Units”), each consisting of one share of Class A
common stock, $0.0001 par value (the “Class A Common Stock”), and one-half of one redeemable warrant (the “Warrants”),
Investor has expressed an interest in acquiring up to [______] Units in the IPO, which Units shall not exceed [___]% of the total number
of Units offered in the IPO (not including the underwriters’ over-allotment option) (the “IPO Indication”), at
a price of $10.00 per Unit.

 

WHEREAS, the parties wish to enter into this Agreement,
pursuant to which the Transferors will sell to the Investor a specified number of shares of the Class B common stock, par value $0.0001
per share, of the SPAC (the “Founder Shares”), for the same value paid by the Transferors, or approximately $0.006
per share.

 

NOW THEREFORE, the parties hereto hereby agree
as follows:

 

Section 1. Sale and Purchase.

 

	 	(a)	In connection with the IPO Indication, and subject to the satisfaction of the conditions set forth in Section 1(b), each of the Transferors hereby sells to Investor, on a pro rata basis according to their respective ownership of the Founder Shares immediately prior to giving effect to  such sale, [______] Founder Shares (such shares, the “Transferred Shares”) for an aggregate purchase price of $[______] ($0.006 per share) (the “Transfer Price”), and Investor hereby agrees to purchase the Transferred Shares at the Transfer Price (the “Transfer”), in each case effective as of the date of the closing of the IPO.  Concurrently with the Transfer on the date of the closing of the IPO, in consideration for the transfer of the Transferred Shares, Investor shall pay the Transfer Price to the Transferors in immediately available funds pro rata according to the number of Transferred Shares transferred by each of them as instructed by the Transferors.

 

	 	(b)	Subject to (i) the fulfillment by Investor (but only to the extent actually allocated to Investor by the underwriters) of the IPO Indication (which shall include the acquisition of 100% of the Units allocated to Investor by the underwriters in the IPO; provided, that such Units shall not exceed [___]% of the total number of Units offered in the IPO (exclusive of any Units that may be offered pursuant to the underwriters’ over-allotment option); and (ii) Investor’s payment of the Transfer Price as contemplated by Section 1(a) of this Agreement, the Transfer shall occur and be effective upon the closing of the IPO, automatically and without any action of any other party hereto.

                                 

	 	(c)	
    Notwithstanding anything to the contrary herein, the number of Transferred
    Shares shall not be subject to cut-back, reduction, mandatory repurchase, redemption or forfeiture for any reason, including (i) transfer
    of the Founder Shares to any person in accordance with the transfer restrictions applicable to the Founder Shares, (ii) downsizing of
    the offering, (iii) failure of the underwriters to exercise their over-allotment option, (iv) concessions or “earn-out” triggers
    in connection with the negotiation of a Business Combination (as defined below), or (v) or any other modification, without Investor’s
    prior written consent.

     

	 	(d)	
    The obligations of Investor hereunder are subject to there being no
    material change in structure, terms and conditions in the capital structure the SPAC from that set forth in the Registration Statement
    on Form S-1, as amended, filed with the United States Securities and Exchange Commission on January 18, 2022 (the “Registration
    Statement”).

     

 

     

     

    

 

Section 2. Representations and Warranties of the
SPAC. The SPAC hereby represents and warrants to Investor as of the date hereof as follows:

 

	 	(a)	The SPAC has full power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby.

 

	 	(b)	This Agreement has been duly and validly executed and delivered by the SPAC and constitutes a legal, valid and binding obligation of the SPAC enforceable against the SPAC in accordance with its terms except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors' rights.

 

	 	(c)	The execution and delivery of this Agreement, the consummation of the transactions contemplated hereby and the performance of its obligations hereunder will not materially conflict with, or result in any material violation of or default under, any agreement or other instrument to which the SPAC is a party or by which the SPAC is bound, or any decree, order, statute, rule or regulation applicable to the SPAC.

 

Section 3. Representations and Warranties of the
Transferors. Each of the Transferors hereby represents and warrants to Investor as of the date hereof as follows:

 

	 	(a)	Such Transferor has full power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby.

 

	 	(b)	This Agreement has been duly and validly executed and delivered by such Transferor and constitutes a legal, valid and binding obligation of such Transferor enforceable against such Transferor in accordance with its terms except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors' rights.

 

	 	(c)	The execution and delivery of this Agreement, the consummation of the transactions contemplated hereby and the performance of its obligations hereunder will not materially conflict with, or result in any material violation of or default under, any agreement or other instrument to which such Transferor is a party or by which such Transferor is bound, or any decree, order, statute, rule or regulation applicable to such Transferor.

                                                   

	 	(d)	The terms set forth in this Agreement are as favorable to Investor as the terms granted to all other investors entering into a similar agreement to purchase Founder Shares of the SPAC in connection with expressing interest in the IPO, provided that Investor acknowledges that Founder Shares have been offered to such Transferor, executive officers, advisors, directors and director nominees of the SPAC in connection with their service and such Transferor expressly reserves the right to issue membership interests in such Transferor in its sole discretion.

 

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Section 4. Representations and Warranties of Investor.
Investor hereby represents and warrants to the SPAC and each of the Transferors as of the date hereof as follows:

 

	 	(a)	Investor has full power and authority to execute and deliver this Agreement and to perform its obligations hereunder.

 

	 	(b)	This Agreement has been duly and validly executed and delivered by Investor and constitutes a legal, valid and binding obligation of Investor enforceable against Investor in accordance with its terms except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors' rights.

 

	 	(c)	The execution and delivery of this Agreement, the consummation of the transactions contemplated hereby and the performance of its obligations hereunder will not materially conflict with, or result in any material violation of or default under, any agreement or other instrument to which Investor is a party or by which Investor is bound, or any decree, order, statute, rule or regulation applicable to Investor.

 

	 	(d)	Investor is an “accredited investor” as that term is defined in Regulation D promulgated under the Securities Act of 1933, as amended.

 

Section 5. Additional Agreements and
Acknowledgements of Investor.

 

	 	(a)	Without the prior written consent of the SPAC and each of the Transferors, Investor agrees not to transfer, assign or sell any Transferred Shares or the Class A Common Stock, issuable upon conversion of the Transferred Shares held by it until the earlier of (i) one year after the date of the completion of the SPAC’s initial Business Combination (as defined below) or (ii) subsequent to the SPAC’s initial Business Combination, (x) the first date on which the last reported sale price of the Class A Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any twenty (20) trading days within any thirty-trading day period commencing at least 150 days after the consummation of the SPAC’s initial Business Combination or (y) the date on which the SPAC consummates a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the holders of the Class A Common Stock having the right to exchange their Class A Common Stock for cash, securities or other property. For the avoidance of doubt, this Section 5(a) shall not restrict Investor from transferring, assigning or selling any Class A Common Stock or Units acquired in the IPO or in the open market.

                                                   

	 	(b)	Investor acknowledges that the SPAC was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”). Investor agrees that if the SPAC seeks stockholder approval of a proposed Business Combination, then in connection with such proposed Business Combination, Investor shall vote all Founder Shares in favor of such proposed Business Combination. Notwithstanding the foregoing, nothing shall prevent Investor from seeking redemption for any Class A Common Stock it acquires in the IPO or in the open market in accordance with the terms and conditions applicable to the Class A Common Stock and the IPO described in the Registration Statement.

                                 

	 	(c)	Investor acknowledges that it is aware the SPAC will establish a trust account (the “Trust Account”) for the benefit of its public stockholders upon the closing of the IPO. Investor agrees that it has no right, title, interest or claim of any kind in or to any monies held in the Trust Account, or any other asset of the SPAC as a result of any liquidation of the SPAC with respect to the Transferred Shares.

                                 

	 	(d)	In connection with the IPO, the SPAC shall enter into a registration rights agreement (the “Registration Rights Agreement”) with the Transferors, Investor and certain other parties thereto in the form filed as an exhibit to the SPAC’s Registration Statement. The Registration Rights Agreement shall provide Investor with registration rights with respect to the Transferred Shares that are no less favorable to Investor than the registration rights of the Transferors set forth therein.

 

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Section 6. Miscellaneous

 

	 	(a)	
    Any notice or communication under this Agreement shall be in writing
    and given by (i) deposit in the United States mail, addressed to the party to be notified, postage prepaid and registered or certified
    with return receipt requested, (ii) recognized courier or overnight delivery service providing evidence of delivery, or (iii) transmission
    by hand delivery, electronic mail or facsimile:

     

    (A) if to the Transferors, to: (i) Water by Nordic AB, Pir 29, Einar
    Hansens Esplanad 29, 211 13 Malmö, Sweden, Attention: Michael Hermansson, Email: michael.hermansson@bynordic.se, with a copy to:
    Ellenoff, Grossman & Schole LLP, 1345 6th Ave, New York, NY 10105, Attention: Jonathan Deblinger, Email: jdeblinger@egsllp.com;
    and (ii) byNordic Holdings LLC, 407 Campbell Rd, Wilmington DE 19807, Attention: Thomas Fairfield, Email: thomas.fairfield@bynordic.se,
    with a copy to: Ellenoff, Grossman & Schole LLP, 1345 6th Ave, New York, NY 10105, Attention: Jonathan Deblinger, Email: jdeblinger@egsllp.com;

     

    (B) if to the SPAC, to: byNordic Acquisition Corporation, Pir 29, Einar
    Hansens Esplanad 29, 211 13 Malmö, Sweden, Attention: Michael Hermansson, Email: michael.hermansson@bynordic.se, with copies to:
    byNordic Holdings LLC, 407 Campbell Rd, Wilmington DE 19807, Attention: Thomas Fairfield, Email: thomas.fairfield@bynordic.se, and Ellenoff,
    Grossman & Schole LLP, 1345 6th Ave, New York, NY 10105, Attention: Jonathan Deblinger, Email: jdeblinger@egsllp.com; and

     

    (C) if to the Investor, at the Investor’s address or contact
    information as set forth on the signature page attached hereto.

     

	 	(b)	This Agreement shall be governed by the internal laws (and not the law of conflicts) of the State of New York.  Any action, claim, suit or other legal proceeding relating to this Agreement shall be brought exclusively in the state or federal courts located in New York County, State of New York (or any appellate courts therefrom).  The parties expressly waive any objection based on personal jurisdiction, venue or forum non conveniens.  EACH PARTY HEREBY IRREVOCABLY WAIVES ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION, CLAIM, SUIT, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE ACTIONS OF SUCH PARTY IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE AND ENFORCEMENT HEREOF

                                 

	 	(c)	This Agreement may not be amended, modified or waived without the written consent of each of the parties hereto.

                                 

	 	(d)	The rights and obligations under this Agreement may not be assigned by any party hereto without the prior written consent of the other parties hereto.

                                 

	 	(e)	This Agreement constitutes the full and entire understanding and agreement between the parties hereto with regard to the subject matter of this Agreement and supersedes all prior understandings or agreements with respect thereto.  From time to time, at the reasonable request of any of the other parties hereto, each party hereto shall execute and deliver such additional documents and instruments and take such further lawful action as may be necessary to consummate and make effective, in the most expeditious manner practicable, the transactions contemplated by this Agreement.

                                 

	 	(f)	Any term or provision of this Agreement which is invalid or unenforceable shall be ineffective to the extent of such invalidity or unenforceability without rendering invalid or unenforceable the remaining rights of the person intended to be benefited by such provision or any other provisions of this Agreement.

                                 

	 	(g)	This Agreement may be executed in two or more counterparts, each of which shall constitute an original, and all of which taken together shall constitute one and the same instrument. Any signature page delivered by a facsimile machine or electronic mail shall be binding to the same extent as an original signature page.

 

* * * * *

 

[Signature page follows]

 

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

 

	 	INVESTOR:
	 	 
	 	[___________]
	 	 
	 	By: 	 
	 	 	Name:
	 	 	Title:
	 	 	
     

    Address:

 

	 	
    SPAC:

	 	
     

    BYNORDIC ACQUISITION CORPORATION

	 	 	 
	 	By:	                            
	 	Name: 	 
	 	Title:	 

 

	 	
     

    TRANSFERORS:

	 	WATER BY NORDIC AB
	 	 
	 	 	 
	 	By:	                            
	 	Name: 	 
	 	Title:	 
	 	 	 
	 	BYNORDIC HOLDINGS LLC
	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 

 

[Signature Page to Investment Agreement]

 

 

5Exhibit
10.38

 

CONSULTING
AGREEMENT

 

This
Consulting Agreement (the “Agreement”) is made and entered into as of this 16th day of December 2021, by and between Palisades
Holding Corp, Inc. a Wyoming corporation whose address is PO Box 6630, Woodland Hills, CA 91365 (the “Company”) and Global
Technologies, Ltd. (the “Consultant”), a Delaware limited company whose address is 501 1st Ave N., Suite 900,
St. Petersburg, FL 33701, (individually, a “Party”; collectively, the “Parties”). This Agreement is non-exclusive.

 

RECITALS

 

WHEREAS,
Consultant has significant experience in the preparation of reports to be filed with the Securities and Exchange Commission (“SEC”);
including, but not limited to Registration Statements, Quarterly Reports, Annual Reports, Current Reports, review of consolidated financial
statements, and filings of other accounting and financial reporting forms to regulatory agencies.

 

NOW,
THEREFORE, in consideration of the mutual promises herein contained, the Parties hereto hereby agree as follows:

 

1.       CONDITIONS.
This Agreement will not take effect, and Consultant will have no obligation to provide any service whatsoever, unless and until the
Company sends a signed copy of this Agreement to Consultant (either by mail, email or facsimile copy). The Company shall be truthful
with Consultant in regard to any relevant material regarding the Company, verbally or otherwise, or this entire Agreement will terminate
and all consideration paid shall be forfeited without further notice.

 

Upon
execution of this Agreement, the Company agrees to cooperate with Consultant in carrying out the purposes of this Agreement, keep Consultant
informed of any developments of importance pertaining to the Company’s business and abide by this Agreement in its entirety.

 

2.       TERM
OF AGREEMENT. This Agreement shall be in full force and effect commencing on December 16, 2021 and shall remain in effect for the
earlier of six (6) months or until the Company’s Registration Statement, and all subsequent amendments, is filed with the Securities
and Exchange Commission. Either Party shall have the right to terminate this Agreement without notice in the event of the bankruptcy,
insolvency, or assignment for the benefit of creditors of the other Party. Either Party shall have the right to terminate this Agreement
with notice, and the effective date of termination shall be the date such notice is received (by mail, overnight delivery, or fax) by
the terminated Party.

 

3.       CONSULTING
SERVICES. During the term of this Agreement, Consultant will perform the services described below (the “Consulting Services”)
for the Company.

 

(a)
Transactional Business 

 

(i)       Preparation
of the Company’s Registration Statement, and subsequent amendments, to be filed with the Securities and Exchange Commission; and

 

(ii)       Introduce
the Company to a broker dealer in an effort to file a 211c application with the Financial Industry Regulatory Authority (“FINRA”).

 

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4.       STANDARD
OF PERFORMANCE. Consultant shall devote such time and efforts to the affairs of the Company as is reasonably necessary to render
the services contemplated by this Agreement. Consultant is not responsible for the performance of any services that may be rendered hereunder
if the Company fails to provide the requested information in writing prior thereto. The services of Consultant shall not include the
rendering of any legal opinions or the performance of any work that is in the ordinary purview of a certified public accountant. Consultant
cannot guarantee results on behalf of the Company but shall use commercially reasonable efforts in providing the services listed above.

 

5.       COMPENSATION
TO CONSULTANT. As Consultant’s entire compensation for its performance under this agreement, the Company shall pay the Consultant
$25,000 upon the first funding transaction by the Company in an amount of $49,000 or more. The compensation shall be deemed as earned
upon execution of the Agreement. The Consultant will be solely responsible for all tax returns and payments required to be filed with
or made to any federal, state or local tax authority with respect to the Consultant’s performance of services and receipt of fees
under this Agreement. The Company will regularly report amounts paid, if any, to the Consultant by filing Form 1099-MISC and/or other
appropriate form with the Internal Revenue Service as required by law. Because the Consultant is an independent contractor, the Company
will not withhold or make payments for social security; make consulting contract insurance or disability insurance contributions; or
obtain worker’s compensation insurance on the Consultant’s behalf. The Consultant agrees to accept exclusive liability for
complying with all applicable state and federal laws governing self-employed individuals, including obligations such as payment of taxes,
social security, disability and other contributions based on fees paid to the Consultant under this Agreement. The Consultant hereby
agrees to indemnify and defend the Company against any and all such taxes or contributions, including penalties and interest.

 

6.       CONFIDENTIAL
INFORMATION. The Consultant and the Company acknowledge that each will have access to proprietary information regarding the business
operations of the other and agree to keep all such information secret and confidential and not to use or disclose any such information
to any individual or organization without the non-disclosing Parties prior written consent. It is hereby agreed that from time-to-time
Consultant and the Company may designate certain disclosed information as confidential for purposes of this Agreement.

 

7.       INDEMNIFICATION.
Each Party (the “Indemnifying Party”) agrees to indemnify, defend, and hold harmless the other Party (the “Indemnified
Party”) from and against any and all claims, damages, and liabilities, including any and all expense and costs, legal or otherwise,
caused by the negligent act or omission of the Indemnifying Party, its subcontractors, agents, or employees, incurred by the Indemnified
Party in the investigation and defense of any claim, demand, or action arising out of the work performed under this Agreement; including
breach of the Indemnifying Party of this Agreement. The Indemnifying Party shall not be liable for any claims, damages, or liabilities
caused by the sole negligence of the Indemnified Party, its subcontractors, agents, or employees.

 

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The
Indemnified Party shall notify promptly the Indemnifying Party of the existence of any claim, demand, or other matter to which the Indemnifying
Party’s indemnification obligations would apply and shall give them a reasonable opportunity to settle or defend the same at their
own expense and with counsel of their own selection, provided that the Indemnified Party shall at all times also have the right to fully
participate in the defense. If the Indemnifying Party, within a reasonable time after this notice, fails to take appropriate steps to
settle or defend the claim, demand, or the matter, the Indemnified Party shall, upon written notice, have the right, but not the obligation,
to undertake such settlement or defense and to compromise or settle the claim, demand, or other matter on behalf, for the account, and
at the risk, of the Indemnifying Party.

 

The
rights and obligations of the Parties under this Article shall be binding upon and inure to the benefit of any successors, assigns, and
heirs of the Parties.

 

8.       COVENANTS
OF CONSULTANT. Consultant covenants and agrees with the Company that, in performing Consulting Services under this Agreement, Consultant
will:

 

(a)       Comply
with all federal and state laws;

 

(b)       Not
make any representations other than those authorized by the Company; and

 

(c)       Not
publish, circulate or otherwise use any materials or documents other than materials provided by or otherwise approved by the Company.

 

9.       COVENANTS
OF THE COMPANY. The Company covenants, represents and warrants to Consultant as follows:

 

(a)       Authorization.
The Company and its signatories herein have full power and authority to enter into this Agreement and to carry out the transactions
contemplated hereby.

 

(b)       No
Violation. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby will
violate any provision of the charter or by-laws of the Company or violate any terms of provision of any other material agreement to which
the Company is a party or any applicable statute or law.

 

(c)       Contracts
in Full Force and Effect. All contracts, agreements, plans, policies and licenses to which the Company is a party are valid and in
full force and effect.

 

(d)       Consents.
No consent of any person, other than the signatories hereto, is necessary to the consummation of the transactions contemplated hereby,
including, without limitation, consents from parties to loans, contracts, lease or other agreements and consents from governmental agencies,
whether federal, state, or local.

 

(e)       Consultant
Reliance. Consultant has and will rely upon the documents, instruments and written information furnished to Consultant by the Company’s
officers or designated employees.

 

(f)       Company’s
Material. All representations and statements provided herein about the Company are true and complete and accurate. The Company agrees
to indemnify, hold harmless, and defend Consultant, its officers, directors, agents and employees, at the Company’s expense for
any proceeding or suit which may rise out of any inaccuracy or incompleteness of any such material or written information supplied to
Consultant.

 

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10.       MISCELLANEOUS
PROVISIONS

 

(a)       Amendment
and Modification. This Agreement may be amended, modified and supplemented only by written agreement of the Company and Consultant.

 

(b)       Waiver
of Compliance. Any failure of Consultant, on the one hand, or the Company, on the other, to comply with any obligation, agreement,
or condition herein may be expressly waived in writing, but such waiver or failure to insist upon strict compliance with such obligation,
covenant, agreement or condition shall not operate as a waiver of, or estoppel with respect to, any subsequent or other failure.

 

(c)       Expenses,
Transfer Taxes, Etc. Other than as expressly set forth in this Agreement, the Parties shall bear their own costs and expenses in
carrying out the provisions of this Agreement.

 

(d)       Compliance
with Regulatory Agencies. Each Party agrees that all actions, direct or indirect, taken by it and its respective agents, employees
and affiliates in connection with this Agreement and any financing or underwriting hereunder shall conform to all applicable Federal
and State securities laws.

 

(e)       Notices.
Any notices to be given hereunder by any Party to the other may be effected either by personal delivery in writing, by a reputable,
national overnight delivery service, by facsimile transmission or by mail, registered or certified, postage prepaid with return receipt
requested. Notices shall be addressed to the “Contact Person” at the addresses appearing on the signature page of this Agreement,
but any Party may change his address or “Contact Person” by written notice in accordance with this subsection. Notices delivered
personally shall be deemed delivered as of actual receipt, notices sent by facsimile shall be deemed delivered one (1) day after electronic
confirmation of receipt, notices sent by overnight delivery service shall be deemed delivered one (1) day after delivery to the service,
mailed notices shall be deemed delivered as of five (5) days after mailing.

 

(f)       Assignment.
This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the Parties hereto and their respective
successors and permitted assigns.

 

(g)       Delegation.
Neither Party shall delegate the performance of its duties under this Agreement without the prior written consent of the other Party.

 

(h)       Publicity.
Neither Consultant nor the Company shall make or issue or cause to be made or issued, any announcement or written statement concerning
this Agreement or the transactions contemplated hereby for dissemination to the general public without the prior consent of the other
Party. This provision shall not apply, however, to any announcement or written statement required to be made by law or the regulations
of any Federal or State governmental agency, except that the Party required to disclose shall consult with and make reasonable efforts
to accommodate changes to the required disclosure and the timing of such announcement suggested by the other Party.

 

(i)       Arbitration
and Governing Law. If a dispute arises out of or relates to this contract, or the breach thereof, and if the dispute cannot be settled
through negotiation, the parties agree first to try in good faith to settle the dispute by mediation administered by the American Arbitration
Association under its Commercial Mediation Procedures before resorting to arbitration, litigation, or some other dispute resolution procedure.
If they do not reach such solution within a period of 60 days, then, upon notice by either party to the other, all disputes, claims,
questions, or differences shall be finally settled by arbitration administered by the American Arbitration Association in accordance
with the provisions of its Commercial Arbitration Rules. This Agreement and the legal relations among the Parties hereto shall be governed
by and construed in accordance with the laws of the State of Florida, without regard to its conflict of law doctrine. The Parties agree
that the venue for the resolution of all disputes arising under the terms of this Agreement and the transactions contemplated herein
will be the County of Pinellas, State of Florida.

 

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(j)       Counterparts.
This Agreement may be executed simultaneously in two or more counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same instrument.

 

(k)       Headings.
The heading of the sections of this Agreement are inserted for convenience only and shall not constitute a part hereto or affect
in any way the meaning or interpretation of this Agreement.

 

(l)       Entire
Agreement. This Agreement including any Exhibits hereto, and the other documents and certificates delivered pursuant to the terms
hereto, set forth the entire agreement and understanding of the Parties hereto in respect of the subject matter contained herein, and
supersedes all prior agreements, promise, covenants, arrangements, communications, representations or warranties, whether oral or written,
by any officers employee or representative of any Party hereto.

 

(m)       Third
Parties. Except as specifically set forth or referred to herein, nothing herein express or implied is intended or shall be construed
to confer upon or give to any person or entity other than the Parties hereto and their successors or assigns, any rights or remedies
under or by reason of this Agreement.

 

(n)       Attorneys’
Fees and Costs. If any action is necessary to enforce and collect upon the terms of this Agreement, the prevailing Party shall be
entitled to reasonable attorneys’ fees and costs, in addition to any other relief to which that Party may be entitled. This provision
shall be construed as applicable to the entire Agreement.

 

(o)       Survivability.
If any part of this Agreement is found or deemed by a court of competent jurisdiction to be invalid or unenforceable, that part shall
be severable from the remainder of the Agreement.

 

(p)       Further
Assurances. Each of the Parties agrees that it shall from time-to-time take such actions and execute such additional instruments
as may be reasonably necessary or convenient to implement and carry out the intent and purposes of this Agreement.

 

(q)       Relationship
of the Parties. Nothing contained in this Agreement shall be deemed to constitute either Party becoming the partner of the other,
the agent or legal representative of the other, nor create any fiduciary relationship between them, except as otherwise expressly provided
herein. It is not the intention of the Parties to create nor shall this Agreement be construed to create any commercial relationship
or other partnership. Neither Party shall have any authority to act for or to assume any obligation or responsibility on behalf of the
other Party, except as otherwise expressly provided herein. The rights, duties, obligations and liabilities of the Parties shall be separate,
not joint or collective. Each Party shall be responsible only for its obligations as herein set out and shall be liable only for its
share of the costs and expenses as provided herein.

 

(r)       No
Authority to Obligate the Company. Without the consent of the Board of Directors of the Company, Consultant shall have no authority
to take, nor shall it take, any action committing or obligating the Company in any manner, and it shall not represent itself to others
as having such authority.

 

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11.       Non-Circumvention.
In and for valuable consideration, the Company hereby agrees that Consultant may introduce (whether by written, oral, data, or other
form of communication) the Company to one or more opportunities, including, without limitation, existing or potential investors, lenders,
borrowers, trusts, natural persons, corporations, limited liability companies, partnerships, unincorporated businesses, sole proprietorships
and similar entities (an “Opportunity” or “Opportunities”). The Company further acknowledges and agrees that
the identity of the subject Opportunities, and all other information concerning an Opportunity (including without limitation, all mailing
information, phone and fax numbers, email addresses and other contact information) introduced hereunder are the property of Consultant,
and shall be treated as confidential information by the Company, it affiliates, officers, directors, shareholders, employees, agents,
representatives, successors and assigns. The Company shall not use such information, except in the context of any arrangement with Consultant
in which Consultant is directly and actively involved, and never without Consultant’s prior written approval. The Company further
agrees that neither it nor its employees, affiliates or assigns, shall enter into, or otherwise arrange (either for it/him/herself, or
any other person or entity) any business relationship, contact any person regarding such Opportunity, either directly or indirectly,
or any of its affiliates, or accept any compensation or advantage in relation to such Opportunity except as directly though Consultant,
without the prior written approval of Consultant. Consultant is relying on the Company’s assent to these terms and their intent
to be bound by the terms by evidence of their signature. Without the Company’s signed assent to these terms, Consultant would not
introduce any Opportunity or disclose any confidential information to the Company as herein described.

 

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IN
WITNESS, WHEREOF, the Parties hereto have caused this Agreement to be duly executed, all as of the day and year first above written.

 

	COMPANY:	 	CONSULTANT:
	PALISADES HOLDING CORP, INC.	 	GLOBAL TECHNOLOGIES, LTD
	PO Box 6630	 	501 First Ave N, Suite 901
	Woodland Hills, CA 91365	 	St. Petersburg, FL 33701
	 	 	 
	By:	 	By:
	 	 	 
	Orie Rechtman	 	Jimmy Wayne Anderson
	Its: Chief Executive Officer	 	Its: President
	Date: December 16, 2021	 	Dated: December 16, 2021

 

    	7

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