Document:

Exhibit
10.6

 

Tianjin
Free Trade Zone International Automall

 

Office
Tenancy Contract

 

Contract
No. 2016-007

 

Party A (the Leaser): Tianjin
Binhai International Automall Co., Ltd.

 

Party B (the Lessee): Tianjin
Binhai Shisheng Trading Group Co., Ltd.

 

In accordance with the Contract
Law of the People’s Republic of China, Party A and Party B, upon amicable consultation, hereby agree to enter into
this Contract for joint compliance and observation with respect to matters of Party B’s renting of the office in Party A’s
automobile city.

 

Article 1.
The Premises

 

The
Premises is located on the ground floor of Tianjin Free Trade Zone International Automall, No.86, Tianbao Avenue, Tianjin
Free Trade Zone. The area of the office is 508.91 square meters.

 

Article 2.
Lease Term

 

The
lease term of this Contract shall be one (1) year from 1st January 2016 to 31st December
2016. Where Party B intends to renew the lease term upon expiration thereof, Party B shall inform Party A in writing thirty
(30) days (including day-off) prior to the maturity of the lease term, and this Contract may be renewed upon consultation with
Party A and upon unanimous negotiation by both parties.

 

Article 3.
Rental and Payment Method

 

Upon
consultation by Party A and Party B, the annual rental of the office shall be One Hundred and Twenty Thousand Yuan (RMB 120,000).

 

The
rental shall be payable every half a year. The rental of the first six months shall be Sixty Thousand Yuan Only (RMB 60,000),
and shall be payable within seven days from the signature date of this Contract. The rental of the next six months shall be payable
within thirty (30) days prior to the maturity of the first lease term.

 

     

     

    

 

Article 4.
Usage of the Premises 

 

The
Premises mentioned in this Contract shall only be used as Party B’s office.

 

Article
5. Deposit

 

Party
B shall, within three days this Contract is executed, pay RMB 0.00 to Party A as a warranty that Party B will perform this
Contract. Upon termination or expiration of this Contract, Party A shall return the deposit (without any interest) to Party B
as soon as Party B settles all its outstanding payable charges. Should any loss or damages arise to Party A or any third party
due to default of Party B, such deposit shall be used for indemnifying such losses or damages. In the event that such deposit
is insufficient to indemnify such losses or damages, Party B shall pay additional amount as necessary.

 

Article
6. Relevant Expenses in the Term of Lease

 

 1.     Besides the Premises mentioned in this Contract, Party A shall provide Party B with property services including central air-conditioner, public lighting, and public area cleaning and security. Party A shall not charge additional fees for its provision of the above-mentioned services.

 

2.
    Other expenses if incurred shall be borne by Party B upon two parties’ consultation.

 

Article
7. Principles for handling facilities installed by Party B in the Term of Lease

 

 1.     Party B may, upon Party A’s consent, install other facilities inside the Premises without prejudice to the existing facilities of Party A.

 

 2.     When the term of lease expires, Party A may, at its own option, keep the above-mentioned facilities or request Party B to remove them and restore to the original state. Where Party A determines to keep them, no compensation shall be made to Party B.

 

Article
8. Two parties’ rights and obligations

 

 1.     Two parties acknowledge that the User Manual of Tianjin Free Trade Zone Automobile City (hereinafter referred to as User Manual) and Safety Responsibility Agreement shall be attachment to this tenancy contract. Such attachment has been delivered by Party A to Party B upon signing of this Contract (Party B is required to affix receipt stamp to the last page of this Contract). Two parties shall comply with this Contract, as well as the provisions of the User Manual and the Safety Responsibility Agreement. The attachment hereto shall have the equal legal effect as of this Contract.

 

 2.     Besides observing the provisions of this Contract and the User Manual, Party B shall obey the management given by Party A and its working staff. In the lease term, should Party A need to decorate the office, Party B shall give cooperation thereto.

 

    	 	2	 

     

    

 

 3.     Party B shall not early terminate the lease term without Party A’s consent.

 

 4.     Party A shall not early cancel this Contract without acceptable reason. In case Party A early terminate this Contract with no good reason, Party A shall return to Party B the rental already paid by Party B but yet to expire.

 

5.     Party B agrees that where Party B fails to pay Party A the rental and other expenses, Party A may withhold Party B’s office supplies. In the event that Party B is unable to pay the above-said expenses within the period of time specified by Party A, Party A may auction or sell any item withheld. Proceeds from such auction or sale shall be prioritized to cover Party A’s loss; Party A shall return the balance thereof if any to Party B; in case such proceeds are insufficient to cover Party A’s loss, Party A may continue to demand indemnification.

 

6.     Neither party hereto shall assume indemnity liability to each other in case of loss of life and property due to force majeure.

 

Article
9. Amendment, Rescission or Termination of the Contract

 

 1.     Supplement or amendment may be made to this Contract upon unanimous consultation of two parties hereto. Such supplement or amendment shall be made in writing, and shall have the equal effect as of this Contract upon signature and stamp by both parties hereto.

 

 2.     Where Party B violates the provisions of this Contract and the User Manual, Party A may early terminate this Contract without return of the rental already paid by Party B, and demand indemnification for other expenses payable by Party B or for Party A’s loss as a result of such violation.

 

 3.     Party B may early rescind this Contract should Party A fail to comply with the provisions of this Contract and the User Manual. In case Party B early terminates this Contract for which Party A is held responsible, Party A shall return the rental already paid by Party B but yet to expire, and Party B may demand indemnification for other loss it may suffer.

 

 4.     This Contract shall cease to be valid upon the expiration of the performance period. In case two parties have no intention for renewal of the lease term, Party B shall move out of the Premises and return to Party A the Premises and related facilities on the expiration date of the lease term. Should Party B fail to do so within specified period of time, Party B shall pay an amount at twice the rental of this Contract for each day delayed as penalty.

 

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Article
10. Liabilities for breach of the contract by two parties

 

 1.     Any violation of the obligations specified in this Contract, the User Manual and the Safety Responsibility Agreement by either party hereto shall constitute breach of this Contract. Therefore, the observing party shall have the right to request the other party to assume default liability and indemnity liability in accordance with the provisions of this Contract and legal regulations and rules.

 

 2.     Where Party B fails to pay the rental at the time agreed in this Contract, Party B shall undertake default liability to Party A and pay Party A an amount at twice the rental as agreed in this Contract for each day delayed as penalty, and Party A may execute its right to cancel this Contract.

 

 3.     Party A shall deliver the Premises to Party B within three (3) days when Party B has paid the rental of first six months. Should Party A fail to do so, an amount twice the rental as agreed in this Contract shall be payable to Party B as penalty.

 

 4.     In case of inability to perform this Contract due to policies of the State and local government’s management department, neither party shall assume default liabilities to each other.

 

Article
11. Contractual Dispute Settlement Method

 

Dispute
arising from the performance of this Contract shall be settled through consultation by two parties hereto; if no agreement can
be reached, either party hereto may bring the case in dispute to the people’s court of jurisdiction. In case of any change
in the jurisdiction of local people’s court on the case, two parties agree to take the place where Premises situates as
the place for performance of this Contract, and the prosecutor shall initiate a proceeding at such place where this Contract is
performed.

 

Article
12. This Contract is made in five copies, and two parties shall retain two copies thereof respectively, and the last
copy shall be furnished to the management department for record-filing. This Contract shall come into effect upon signature
and stamp by two parties hereto and upon Party B’s payment of rental for the first six months to Party A. In case this
Contract is not in line with relevant contracts previously executed by both parties hereto, this Contract shall prevail, and
such relevant contracts shall automatically be terminated.

 

	Party
    A:	Party
    B:
	 	 
	(signature
    and stamp)	(signature
    and stamp)

 

February
18, 2016 

 

 

4Exhibit
10.9

 

OPERATING
AGREEMENT

OF

ImmuDyne PR LLC

(a Puerto Rico limited liability company)

 

THIS
OPERATING AGREEMENT (this “Agreement”) is made and entered into as of April 1, 2016, by and among the persons
set forth on Schedule A attached hereto (the “Members”).

 

WHEREAS,
the parties have determined it is advisable to execute and implement this Agreement to govern ImmuDyne PR LLC (the “Company”)
organized under the laws of the Commonwealth of Puerto Rico, for the purpose hereinafter stated, to be managed by the Members.

 

NOW,
THEREFORE, intending to be legally bound, the parties hereby set forth the terms of their agreement as to the affairs of the
Company and the conduct of its business, and agree as follows:

 

Article
1

FORMATION, PURPOSE AND DEFINITIONS

 

1.1Establishment
of Limited Liability Company. The Members hereby agree to establish and organize a Puerto Rico limited liability company
upon the terms set forth in this Agreement. The Members are hereby admitted to membership in the Company.

 

1.2Name.
Pursuant to the terms of this Agreement, the Members intend to carry on a business for profit under the name ImmuDyne PR
LLC. The Company may conduct its activities under any other permissible name designated by the Members. The Members shall
be responsible for complying with any registration requirements in the event an alternative name is used.

 

1.3Offices
and Registered Agent. The principal place of business of the Company shall be located at 53 Calle Palmeras, Suite 802,
San Juan, PR 00901, or at such other location as the Members may determine. The Company may have any number of other offices at
such locations as the Members may determine. The registered agent for the service of process and the registered office of the
Company shall be the person and location set forth in the Company’s Certificate of Formation filed with the Office of the
Secretary of Commonwealth of Puerto Rico. The Members may, from time to time, change such registered agent and registered office
by appropriate filingsas required by law.

 

1.4Purpose.
The Company’s purpose shall be to operate as an international trade hub based in Puerto Rico, where it will (i) coordinate
the transfer, sale and resale of proprietary immune support products (the “Products”); (ii) provide call-center services
for advertising, client support and marketing in connection with the Products; (iii) provide centralized management services involving
logistics, accounting, and other managerial services for the Company’s international operations; and (iv) engage in any
other lawful business for which limited liability companies may be organized under the Act. The Company shall have the authority
to do all things necessary or advisable in order to accomplish such purposes.

 

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1.5Duration.
Unless the Company shall be earlier terminated in accordance with Article 6, the Company shall continue in existence
in perpetuity.

 

1.6Other
Activities of Members. The Members may engage in or possess an interest in other business ventures of any nature, but
Taggart International Trust and American Nutra Tech LLC and their respective principals, may not engage directly or indirectly
in activities in direct competition with the activities of the Company.

 

1.7Federal
Income Tax Status. The Company is intended to qualify to be treated for US federal income tax purposes as a corporation.

 

Article
2

CAPITAL MATTERS

 

2.1Members.
The names and addresses of the Members are contained in Schedule A attached to this Agreement.

 

2.2Membership
Units. The Company is hereby authorized to and does issue units (“Membership Units”) in exchange for
each Member’s Capital Contribution, in the amount set forth on Schedule B. The Units shall be divided into three
classes: (i) Class A Common Units, (ii) Class B Common Units and (iii) Class C Common Units.

 

2.3Capital
Contributions. The initial capital account balances of the Members are set forth on Schedule A and reflect
the cash or property contributed by each Member as shown thereon. No interest shall accrue on any capital contributions, and no
Member shall have the right to withdraw or to be repaid, any capital contributed by such Member, except as and to the extent specifically
provided in this Agreement.

 

2.4Additional
Capital Contributions. If the Members unanimously determine that the Company requires additional capital contributions
from the Members, then written notice thereof shall promptly be given to all Members. Upon the date specified in such notice,
which date shall not be less than fifteen (15) days after the date such notice is delivered, the Members shall deliver to the
Company in cash their pro rata share, based on their respective Membership Units, of the total amount of additional capital required
by the Company.

 

2.5Transferred
Capital Accounts; Adjustments. Upon the transfer of all or any part of a Membership Interest, the Capital Account of the
transferor Member that is attributable to the transferred interest shall carry over to the transferee Member.

 

2.6Return
of Capital. Each Member is entitled to the return of such Member’s contribution only by way of distributions made
pursuant to Article 3 or Article 6. No Member shall have the right to receive any property other than cash in return
for such Member’s capital contribution or to bring an action of partition against the Company or its property.

 

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2.7Loans.
If a Member makes any loan to the Company, or advances money on its behalf, the amount of any such loan or advance shall not
be deemed an increase in, or contribution to, the capital of the Company. Interest shall accrue on any such loan or advance at
an annual rate agreed to by the Member making such loan to the Company and the other Members (but not in excess of the maximum
rate allowable under applicable usury laws).

 

2.8Additional
Members. The Members shall have the right to admit new Members to the Company upon the approval of all the Members and
the contribution of cash or other assets, including in connection with a merger transaction and upon the execution of such agreements
as the Members may deem advisable; provided that (i) the Members conclude that such additional Member may be legally admitted
without violating applicable federal and state securities laws and (ii) such transfer will not cause the Company to be treated
as an association taxable as a corporation or otherwise to be taxed as an entity for federal income tax purposes. Any Person (as
hereinafter defined) so admitted as a Member shall have all of the rights, privileges and obligations of a Member as if an original
signatory to this Agreement. “Person” means an individual, corporation, partnership, limited liability company,
trust, estate, joint stock company or other entity of whatever nature.

 

2.9Limitation
of Liability of Members. No Member shall have any liability or obligation for any debts, liabilities or obligations of
the Company, or of any agent or employee of the Company, beyond the Member’s capital contribution, except as may be expressly
required by this Agreement or applicable law.

 

Article
3

DISTRIBUTIONS AND ALLOCATIONS

 

3.1Distributions.

 

(a)The
Company shall make quarterly distributions of cash from Qualifying Cash, as defined below, to each class of Membership Units in
proportion to the equity percentage that such class represents of the total Membership Units of the Company as specified on Schedule
B attached hereto, reduced by any actual distributions made during the year.

 

i.The
term “Qualifying Cash” means, for each calendar year, cash available for distribution to the Members after payment
of current expenses and liabilities of the Company (including any withholding obligations except as provided in Article 3.1(c));
provided however, that the term “Qualifying Cash” shall not include non-cash assets of the Company that is
distributed, or is available for distribution, to the Members, unless the distribution of such non-cash assets is due to the liquidation
or dissolution of the Company.

 

ii.To
the extent any particular class of Membership Units does not receive its corresponding distribution during the year in question
(the “Accumulated Undistributed Amount”), the Company shall segregate such class’ Accumulated Undistributed
Amount into a separate account. The Accumulated Undistributed Amount shall be considered Qualifying Cash only with respect to
the applicable class to which no distribution was made during the year.

 

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iii.If
upon the distribution referred to in Article 3.1(a), there is any Accumulated Undistributed Amount with respect to a particular
class of Membership Units, the cash distributions shall first be made to cover the particular class of Membership Units’
Accumulated Undistributed Amount, with any excess Qualifying Cash being distributed pro-rata among the different classes of Membership
Units.

 

(b)Any
income or other taxes required to be paid to any taxing authority by the Company on account of any Member’s share of any
Company property, income, or gain, or out of any Company distribution to any Member, shall be treated as having been distributed
to that Member and offset against such Member’s right to current (and, if necessary, future) distributions from the Company.

 

Article
4

ADMINISTRATIVE MATTERS

 

4.1Meeting
of Members.

 

(a)Place
of Meetings. All meetings of the Members shall be held at such place or places, within or outside the Commonwealth of
Puerto Rico, as shall be determined by a majority of the vote from time to time or by means of the Internet or other electronic
communications technology in a fashion pursuant to which the Members have the opportunity to read or hear the proceedings substantially
concurrently with their occurrence and vote on matters submitted to the Members.

 

(b)Annual
Meetings. At least once in each calendar year on a date determined by a majority of the vote, a meeting of the Members
shall be held to transact such business as may properly be brought before the meeting.

 

(c)Special
Meetings. Special meetings of the Members may be called at any time by a majority of the vote. At any time, upon written
request of any person who has called a special meeting, it shall be the duty of the Secretary of the Company to fix the time of
the meeting which shall be held not more than fifteen (15) days after the request for a special meeting. If the Secretary shall
neglect or refuse to fix the date and give notice, the Member making the request may do so.

 

(d)Notice
of Meetings. Written notice of every meeting of Members, stating the time and geographic location thereof, if any, shall
be given (by, or at the direction of, the party authorized to call the meeting) to each Member of record entitled to vote at the
meeting at the address appearing on the records of the Company or supplied by the Member to the Company for the purpose of notice,
at least five (5) days prior to the day named for the meeting, unless a greater period of notice is required by statute in a particular
case. In the case of a special meeting of Members, the notice shall also set forth the purpose of the meeting. When a meeting
is adjourned, it shall not be necessary to give any notice of the adjourned meeting or of the business to be transacted at any
adjourned meeting, other than by announcement at the meeting at which such adjournment is taken.

 

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(e)Quorum.
The Members present, in person, by proxy or by means of electronic technology, including, without limitation, the Internet,
at a Members’ meeting duly called, who are entitled to cast a majority of the vote that all Members are entitled to cast
on a particular matter at any such meeting, shall constitute a quorum for the transaction of business except as otherwise provided
by law or by resolution of the Members prior to such meeting. If however, such quorum shall not be present, those present thereat
may adjourn the meeting to such time and place as they may determine.

 

(f)Actions
by Members. Except as otherwise expressly provided in this Agreement, the Members shall act by a majority of the vote,
as such term is defined in Article 4.1(g), of the holders of the Membership Units.

 

(g)Voting.
The classes of Membership Units shall be entitled to a vote, in person or by proxy, in accordance with the voting percentages
set forth on Schedule B attached hereto.

The term “majority” or “majority of the vote” shall mean more than fifty percent (50%).

 

(h)Proxy
Voting. At each meeting of the Members every Member having the right to vote shall be entitled to vote in person or by
proxy appointed by an instrument in writing subscribed by such Member and delivered to the Secretary at the meeting. No unrevoked
proxy shall be valid after eleven (11) months from the date of its execution, unless a longer time is expressly provided therein.

 

(i)Voting
List. The officer or agent of the Company having charge of the transfer books shall make, at least five (5) days before
each meeting of Members, a complete list of the Members entitled to vote at the meeting, arranged in alphabetical order, with
the address of and the Membership Units held by each, which list shall be kept on file at the place of business of the Company,
and shall be subject to inspection by any Member at any time during usual business hours. Such list shall also be produced and
kept open at the time and place of the meeting, and shall be subject to the inspection of any Member during the whole time of
the meeting.

 

(j)Informal
Action by Unanimous Consent. Any action required or permitted to be taken at a meeting of the Members may be taken without
a meeting if a consent or consents, setting forth the action so taken, shall be given by a majority of the vote of the Members
who would be entitled to vote at a meeting for such purpose and shall be filed with the Secretary of the Company.

 

(k)Participation
in Meetings via Telephone or other Electronic Means. Members may participate in any meeting of the Members by conference
telephone, similar communications equipment or other electronic means, including without limitation, the internet. Members so
participating will be deemed present at the meeting.

 

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4.2Management.
The business and affairs of the Company shall be managed by the Members.

 

4.3Appointment
of Officers and Agents.

 

(a)The
officers of the Company (the “Officers”) shall be designated by a majority vote of the Members and shall include
at least a president (the “President”), a Chief Executive officer (the “Chief Executive Officer”),
a Chief Operating Officer (the “COO”) and the Secretary (the “Secretary”). The respective duties
of President, Chief Executive Officer and Secretary are as described in Schedule C. Any Officer may delegate to one or
more persons any administrative duties, under and subject to such Officer’s supervision and direction. The following initial
officers are hereby appointed and shall serve until their successors have been duly appointed:

 

	Stefan Galluppi Chief Executive Office, President and
Secretary	Justin Schreiber
	 	 
	Chief Operating Officer and TreasurerMark McLaughlin	Mark
McLaughlin

 

(b)The
Members may designate such other Officers and agents as they shall deem necessary or advisable who shall hold their offices for
such terms and shall exercise such powers and perform such duties as shall be determined from time to time by the Members. The
salaries and/or reimbursements of expenses, if any, of all Officers and agents of the Company shall be fixed by a majority of
the vote of the Members. The Officers of the Company shall hold office until their successors are chosen and qualified. Any Officer
may be removed at any time, with or without cause, by the affirmative vote of the Members holding a majority of the vote of the
Membership Units. Any vacancy occurring in any office of the Company shall be filled by the Members.

 

4.4Officers
as Agents. The Officers, to the extent of their powers set forth in this Agreement or otherwise vested in them by action
of the Members not inconsistent with this Agreement, are agents of the Company for the purpose of the Company’s business
and the actions of the Officers taken in accordance with such powers shall bind the Company. No officer shall bind the company
for any expenditure and/or commitment valued in excess of $10,000 without express written authorization by Members holding a majority
of the vote of the Membership Units.

 

4.5Duties
of Members and Officers. Each Member and Officer of the Company, shall be required to devote such amount of time to the
Company as is necessary to satisfy the obligations of such Member or Officer to the Company. With the exception of compensation
from ImmuDyne, Inc., Officers shall not receive compensation or remuneration from any suppliers, contractors, vendors or customers
of the Company, except with the express written consent of Members holding a majority of the vote of the Membership Units.

 

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4.6Indemnification.
Except as expressly prohibited by law, the Company shall indemnify, defend and hold harmless each Member and its beneficiaries
and each Officer (each an “Indemnified Party”) from and against any and all debts, losses, claims, damages,
costs, demands, fines, judgments, contracts (implied and expressed, written and unwritten), penalties, obligations, payments,
and liabilities of every type and nature (whether known or unknown, fixed or contingent), including, without limitation, those
arising out of any lawsuit, action or proceeding brought by or on behalf of a third party (each a “Claim”),
together with any reasonable costs and expenses (including, without limitation, reasonable attorneys’ fees, out-of-pocket
expenses and other reasonable costs and expenses incurred in investigating, preparing or defending any pending or threatened lawsuit,
action or proceeding) incurred in connection with the foregoing suffered or sustained by such Indemnified Party by reason of any
act, omission or alleged act or omission by such Indemnified Party arising out of such Indemnified Party’s activities taken
primarily on behalf of the Company, or at the request or with the approval of the Company, or primarily in furtherance of the
interests of the Company. Notwithstanding the foregoing, indemnification shall not be available under this Section 4.6
where (a) the acts, omissions or alleged acts or omissions upon which an actual or threatened action, proceeding or claim is based
constituted willful misconduct or recklessness on the part of the person seeking indemnification, (b) the Indemnified Party fails
to promptly notify the Members and the Officers of the Company (collectively referred to as the “Representatives”)
of any Claim, or threat thereof, promptly after receiving notice thereof and within a reasonable time before a response to such
Claim is required to be filed, or (c) if requested by one of the Representatives, the Indemnified Party fails to permit the Company
to take over the defense of such Claim with counsel of its choosing or to fully cooperate to the fullest extent possible with
the Company and its designated counsel in the defense of such claim.

 

4.7Limitation
of Liability. Except as expressly prohibited by law, each Member and its beneficiaries and each Officer (each a “Released
Party”) shall not be liable, responsible or accountable in damages or otherwise to the Company or to any other Member
for any act performed by the Released Party within the scope of the authority conferred on it (or them) by this Agreement or for
its (or their) failure or refusal to perform any acts, so long as the Released Party acted without willful misconduct or recklessness.

 

Article
5

TRANSFER OF MEMBERSHIP UNITS

 

5.1Transfer
of Interests.

 

(a)
General Restriction on Transfers. Except as otherwise expressly provided in this Agreement, no Member may Transfer
(as hereinafter defined), whether voluntarily or involuntarily, any portion of such Member’s Membership Units without the
prior written consent of all of the other Members. For purposes of this Agreement, a “Transfer” includes, but
is not limited to, any voluntary or involuntary sale, assignment, gift, exchange, hypothecation, collateral assignment, pledge,
transfer or subjection to any security interest.

 

(b)
Permitted Transfer by Members. Notwithstanding Section 5.1(a) above, a Member may Transfer such Member’s
Membership Interest, during lifetime or at death, in whole or in part, to and only to a Family Member (as hereinafter defined)
(each, a “Permitted Transferee”). For purposes of this Agreement, “Family Member” means
(i) any descendant, step-descendant and spouse of a Member, (ii) any trust for the benefit of one or more of the individuals referred
to in clause (i), above, (iii) any custodianship under any Uniform Gifts or Transfers to Minors Act for an individual referred
to in clause (i) above, (iv) the personal representative of a deceased individual referred to in clause (i), and (v) upon the
approval of the holders of a majority of the vote of the Membership Units, a corporation, a limited liability partnership or a
limited liability company all of the shares or interests of which are owned by one or more of the individuals or organizations
referred to in clauses (i) through (iii), above. Any person who is adopted, regardless of the person's age at the time of the
adoption, shall be deemed a natural child of his or her adopting parent or parents.

 

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(c)
Other Restrictions on Transfers. No Transfer of a Member’s Membership Units shall be made pursuant to Section
5.1(b) if, in the opinion of counsel to the Company, such assignment (i) may not be effected without registration under the
Securities Act of 1933, as amended; (the “Securities Act”), (ii) does not satisfy an exemption under the Securities
Act or (iii) would result in the violation of any applicable Federal or state securities laws. The Company shall not be required
to recognize any Transfer of a Member’s Membership Units until the instrument conveying such interest has been delivered
to the Company for recordation on the books of the Company. Unless a transferee becomes a substituted Member in accordance with
Section 5.2, he, she or it shall not be entitled to any of the rights granted to a Member hereunder, other than the economic
benefits, including but not limited to the right to receive all or part of the share of the cash distributions or returns of capital
to which his, her or its transferor would otherwise be entitled.

 

5.2
Substituted Members and Assignment
of Membership Interest. A Permitted Transferee or other
assignee, as consented to by the Members in accordance with Section 5.1(a), of a Membership Unit shall become a Member
in the place of the transferor (or in addition to the transferor, as the case may be) if and only if the transferee accepts and
adopts in writing all of the terms and provisions of this Agreement, as the same may have been amended. In such event, the distribution
ratio set forth in Sections 3.3 and 6.2(c) shall be amended accordingly.

 

5.3
Obligation of Transferring Member.
Except as otherwise agreed to by all of the Members, no transfer
by a Member of such Member’s Membership Units shall, to any extent, relieve the transferring Member of any of such Member’s
obligations to the Company or liability, if any, as a Member.

 

Article
6

DISSOLUTION AND LIQUIDATION

 

6.1Events
Triggering Dissolution. The Company shall dissolve and commence winding up and liquidating upon the first to occur of
any of the following (“Liquidating Events”):

 

(a)
majority of the vote; and

 

(b)
entry of a decree of judicial dissolution pursuant to the Act.

 

The
Company shall not be dissolved for any other reason, including without limitation, a Member’s becoming bankrupt or executing
an assignment for the benefit of creditors and any such bankruptcy or assignment shall not effect a transfer of any portion of
a Member’s Membership Units in the Company.

 

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6.2Liquidation.
Upon a Liquidating Event of the Company in accordance with Section 6.1, the Company shall be wound up and liquidated
by the Members or by a liquidating manager selected by the Members. The proceeds of such liquidation shall be applied and distributed
in the following order of priority:

 

(a)to
creditors, including any Member who is a creditor, in the order of priority as established by law, in satisfaction of liabilities
of the Company (whether by payment or the making of reasonable provision for payment thereof) other than liabilities for which
reasonable provision for payment has been made and liabilities for distributions to the Members as provided by the Act; and then

 

(b)to
the setting-up of any reserves in such amount and for such period as shall be necessary to make reasonable provisions for payment
of all contingent, conditional or unmatured claims and obligations known to the Company and all claims and obligations known to
the Company but for which the identity of the claimant is unknown; and then

 

(c)to
the Members, which liquidating distribution shall be made to each class of Membership Units, in proportion to the equity percentage
that such class represents of the total Membership Units of the Company, as specified on Schedule B attached hereto, in cash or
in kind, or partly in cash and partly in kind, as the Members may vote.

 

6.3Certificate
of Dissolution. Upon the dissolution of the Company and the completion of the liquidation and winding-up of the Company’s
affairs and business, the Members shall, on behalf of the Company, prepare and file a Certificate of Dissolution with the
Office of the Secretary of the State of the State of Delaware, as required by the Act. When such certificate is filed, the Company’s
existence shall cease.

 

Article
7

ACCOUNTING AND FISCAL MATTERS

 

7.1Fiscal
Year. The fiscal year of the Company shall be the calendar year.

 

7.2Method
of Accounting. The President shall select a method of accounting for the Company as deemed necessary or advisable and
shall keep, or cause to be kept, full and accurate records of all transactions of the Company in accordance with sound accounting
principles consistently applied.

 

7.3Financial
Books and Records. All books of account shall, at all times, be maintained in the principal office of the Company or at
such other location as specified by the Members so long such location is within Puerto Rico. Each member, or the Member’s
designee, shall have full access to the financial books and records. Each member shall have the right to audit the financial books
twice yearly.

 

7.4Tax
Matters Member. The Members shall appoint a Member to serve as the Tax Matters Member of the Company who shall have the
duties and authority of a Tax Matters Partner as specified in the Code, as amended, and the regulations promulgated thereunder.
The initial Tax Matters Member shall be Justin Schreiber.

 

    9

     

    

 

Article
8

MISCELLANEOUS

 

8.1Notices.
All notices, requests, demands and other communications required or permitted under this Agreement shall be in writing (including
email or other written electronic communication) and shall be deemed to have been duly given and made upon being delivered to
the recipient party by email (with confirmation of receipt and opening), recognized courier service, fax transmission (with confirmation
of receipt) for those parties having a fax number listed below or by registered or certified mail (postage prepaid, return receipt
requested), and addressed to the applicable address set forth below or such other address as may be designated in writing hereafter
by the recipient party in accordance with this Section 8.1.

 

8.2Binding
Effect. Except as otherwise provided in this Agreement, this Agreement shall be binding upon and inure to the benefit
of the Members and, subject to Article 5, its successors and assigns.

 

8.3Dispute
Resolution; Mediation and Arbitration.

 

(a)In
the event of any dispute arising under or pursuant to this Agreement, the Members agree to attempt to resolve the dispute in a
commercially reasonable fashion before instituting any arbitration or litigation. If the Members are unable to resolve the dispute
within thirty (30) days, then the Members agree to mediate the dispute with a mutually agreed upon mediator in New York. If the
Members cannot agree upon a mediator within ten (10) days after either party shall first request commencement of mediation, each
party will select a mediator within five (5) days thereof, and those mediators shall select the mediator to be used. The mediation
shall be scheduled within thirty (30) days following the selection of the mediator. If the mediation does not resolve the dispute,
then Paragraph 8.3(b) shall apply. The Members further agree that any applicable statute of limitations will be tolled for the
period of time from the date mediation is requested until 14 days following the mediation.

 

(b)All
disputes arising out of or relating to this Agreement which cannot be settled by the parties, other than claims solely for injunctive
relief where time is of the essence, shall promptly be submitted to and determined in arbitration in Puerto Rico, pursuant to
the commercial rules and regulations then in effect of the American Arbitration Association. The arbitrator(s) shall be elected
as follows: in the event the Members agree on one arbitrator, the arbitration shall be conducted by such arbitrator. In the event
the Members do not so agree, the Members on each side of the dispute shall select one independent, qualified arbitrator and the
two arbitrators so selected shall select the third arbitrator. The decision of the arbitrator(s) shall be final and binding upon
the parties and judgment upon such decision may be entered in any court of competent jurisdiction.

 

(c)Discovery
shall be allowed pursuant to the United States Federal Rules of Civil Procedure and as the arbitrator(s) determine appropriate
under the circumstances.

 

(d)Such
arbitrator(s) shall be required to apply the contractual provisions hereof in deciding any matter submitted to them and shall
not have any authority, by reason of this Agreement or otherwise, to render a decision that is contrary to the mutual intent of
the parties as set forth in this Agreement.

 

    10

     

    

  

8.4Governing
Law. This Agreement shall be governed by, and construed in accordance with, the laws of the Commonwealth of Puerto Rico
without reference to conflict of laws principles.

 

8.5Severability.
The invalidity or unenforceability of any particular provision of this Agreement shall be construed in all respects as if
such invalid or unenforceable provision were omitted.

 

8.6Amendments.
Except as otherwise specifically provided in the foregoing provisions of this Agreement, the provisions of this Agreement
may be altered or amended only with the written consent of a majority of the vote of the Members.

 

8.7Gender
and Number. As used in this Agreement, the masculine gender shall include the feminine and neuter, and the singular shall
include the plural, and vice versa.

 

8.8Counterparts;
Facsimile Signature. This Agreement may be executed in several counterparts, each of which shall be deemed an original,
and all such counterparts shall constitute but one and the same instrument which may be sufficiently evidenced by one counterpart.
This Agreement may be executed via facsimile or electronic signature, and each such facsimile copy, electronic signature or counterpart
shall be deemed an original.

 

[Signature
page follows]

 

    11

     

    

 

IN
WITNESS WHEREOF, and intending to be legally bound, the parties hereto have executed this Operating Agreement as of the date
first set forth above.

 

	 	MEMBERS:
	 	 	 
	 	By:	/s/ Justin Schreiber
	 	 	Taggart International Trust
	 	 	Justin Schreiber
	 	 	Authorized Representative
	 	 	 
	 	By:	/s/ Stefan Gallupi
	 	 	American Nutra Tech LLC
	 	 	Stefan Gallupi
	 	 	Authorized Representative
	 	 	 
	 	By:	/s/ Mark McLaughlin
	 	 	ImmuDyne, Inc.
	 	 	Mark McLaughlin
	 	 	Authorized Representative 

 

    12

     

    

 

schedule a

 

LIMITED
LIABILITY COMPANY OPERATING AGREEMENT

IMMUDYNE
PR LLC

LISTING
OF MEMBERS

 

As
of the date first above written, following is a list of the Members of the Company:

 

NAME:

  

Taggart
International Trust

Caribe
Plaza Building, 8th Floor

53
Palmeras Street

San
Juan, Puerto Rico 00901

 

American
Nutra Tech LLC

Caribe
Plaza Building, 8th Floor

53
Palmeras Street

San
Juan, Puerto Rico 00901

 

Immudyne,
Inc.

Address:
50 Spring Meadow Road

Mt.
Kisco, NY 10549

 

    	 	A-1	 

     

    

 

SCHEDULE
B

 

LIMITED
LIABILITY COMPANY OPERATING AGREEMENT

IMMUDYNE
PR LLC

CAPITAL
CONTRIBUTIONS

 

	Members	 	Capital Contribution	 	 	Equity Percentage	 	 	Voting Percentage	 	 	Membership Units
	Taggart International Trust	 	$	30,000	 	 	 	11.3333	%	 	 	11.3333	%	 	1 Class A Common Unit 

	American Nutra Tech LLC	 	$	30,000	 	 	 	10.5	%	 	 	10.5	%	 	1 Class B Common Unit 

	Immudyne, Inc.	 	$	30,000	 	 	 	78.1667	%	 	 	78.1667	%	 	1 Class C Common Unit 

 

    	 	B-1	 

     

    

 

SCHEDULE
C

  

1.President.
The President shall preside at all meetings of the Members, shall be responsible for the general and active management of the
business of the Company and shall see that all orders and resolutions of the Members are carried into effect. The President shall
perform such other duties as may be assigned or delegated by the Members. The President may execute contracts required to be signed
by the Company, so long as the Chief Executive Officer and Chief Operating Officer approve such contract.

 

2.Chief
Executive Officer. Oversee, manage and supervise all activities related to operation of the business, including the authority
to make any and all decisions with respect to the Company.

 

3.Chief
Operating Officer. Oversee contractual commitments and the financial affairs of the Company, including overseeing delivery
on the Strategic Additives supplied by Immudyne to the Company.

 

 

C-1

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