Document:

EX-10.21

 Exhibit 10.21 

 
  
 

 
 CLIMACELL INC. OFFER LETTER 

January 13, 2019 
 Leigha Kemmet 

MA 
 Dear Leigha, 

Welcome to ClimaCell! It is my pleasure to offer you full-time employment with ClimaCell, Inc., a Delaware corporation
(“ClimaCell” or the “Company”). The following sets forth the terms and conditions of our offer (this “Agreement”). 
  

	1.	 Position. Your position at the Company will be SVP Operations. You shall report to and be under the
direction and control of Shimon Elkabetz, CEO, and shall have such responsibilities, duties and powers as may from time to time be prescribed by your supervisor and/or the Company. The Company may modify your duties from time to time in accordance
with the Company’s requirements. You are required to abide by all of the policies and procedures as set forth by the Company. Moreover, during your employment with ClimaCell, you will be expected to conduct your business activities at all times
in accordance with the highest legal, ethical and professional standards. 

  

	2.	 Full-Time Attention. This is an offer for full time employment and, if accepted, you shall devote your
best professional efforts, skills and energies and your full business time and attention to the performance of your duties and responsibilities under this Agreement. You shall devote one hundred percent (100%) of your business time, but not less
than forty (40) hours per week, to your duties under this Agreement. You hereby confirm, as a condition to accepting and entering into this Agreement, that you are under no contractual or other legal obligations that would prohibit or restrict
you from fully entering into this Agreement, performing your obligations hereunder, and complying with all terms of this Agreement, and that you have no current or potential conflict of interest relating to your employment with the Company and
performance of your duties hereunder. 

  

	3.	 Start Date; Nature of Relationship. Subject to your acceptance of this offer and compliance with its
provisions, your full-time employment with the Company will begin on March 2, 2020. Your employment will, at all times, remain “at will” employment. As such, either you or the Company may terminate your employment at any time for
any reason or for no reason. No provision of this Agreement, and no actions by either you or ClimaCell, shall be construed to create a promise of employment for any specific period of time. To ensure a smooth transition, we ask that you provide the
Company with 30 days’ prior notice of voluntary termination. 

  
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	4.	 Compensation. Your compensation shall be as set forth in Exhibit A attached hereto, and shall be
payable in accordance with the Company’s regular payroll practices in effect from time to time (currently twice a month). The Company shall make any withholdings and/or which may be required by law or which you may authorize from time to time.
The Company reserves the right to review the compensation and to adjust it from time to time in its sole discretion. This review is typically done annually, but may be done more or less frequently. 

 

	5.	 Benefits. During your employment, you will be eligible to participate in the employee benefit plans made
generally available by the Company from time to time to its similarly-situated employees, subject to plan terms and generally applicable Company policies. These benefits may be modified or changed from time to time in the sole discretion of the
Company, and the provisions of such benefits to you in no way changes or impacts your status as an at-will employee. 

  

	6.	 Unlimited PTO: The Company has adopted a policy where it does not limit the number of days you can take
off in any given year. As such, you are entitled to take as much paid time off as you deem necessary subject to the Company’s PTO policy in effect from time to time (which may be modified by the Company at any time in its sole and absolute
discretion). The unlimited PTO shall include any and all of your personal days, vacation days and sick days and may be utilized by you so long as it does not negatively impact (i) the Company, (ii) your job performance or (iii) the
responsibilities of your coworkers. While the Company offers its employees such a benefit, it is expected that you will not abuse this policy. You agree to provide the Company with sufficient notice of an absence, and in any event consistent with
the Company’s policy. It is important to note that under this policy, you will not be deemed to accrue any vacation/PTO days and you shall have no rights of any kind, in or to, any accrued but unused vacation/PTO days in connection with your
termination from the Company for any reason. As is typical with vacation/PTO, the Company may in its discretion deny a request for vacation, grant a more limited amount of vacation then requested or require you to provide additional information
related to a PTO request, subject to applicable law. 

  
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	7.	 Effect of Termination. If you shall cease to be an employee of the Company, for any reason, you shall
act as follows: (i) deliver and/or return to the Company all property of the Company in your possession or control including, without limitation, cellular telephones, other telecommunications material, keys, modems, computers, identification
badges or other equipment, company documents, CDs, letters, notes, reports, business cards and other papers in your possession and relating to your tenure with the Company; (ii) delete any information relating to the Company from your personal
computer, phone and other devices; and (iii) provide reasonable assistance to the Company to ensure an orderly transition, including the handing over to the persons designated by the Company, any documents and all other matters that you dealt
with. 

  

	8.	 Severance and Release. 

 

	 	8.1	 Without limiting or derogating from the foregoing, if your employment is terminated by the Company without
Cause (as defined herein), then the Company will offer you severance benefits equal to two (2) weeks’ base salary, paid on the first Company payroll date applicable to your position after the Release has become effective and irrevocable.
All severance benefits are conditioned on your signing a full release of any and all claims against the Company in a release form acceptable to the Company (within the period specified in it by the Company, but in no event later than 60 days after
the date of termination—the “Release”) and your not revoking such release pursuant to any revocation rights afforded by applicable law. 

  

	 	8.2	 For purposes of this Section 8, the term “Cause” shall mean (a) any material breach by you
of this Agreement or any other agreement to which you and the Company are both parties, (b) any act (other than retirement) or omission to act by you which may have a material and adverse effect on the Company’s business or on your ability
to perform services for the Company, including, without limitation, the commission of any crime (other than minor traffic violations), or (c) any material misconduct or material neglect of your duties in connection with the business or affairs
of the Company. Without limiting the Company’s grounds for termination for Cause in any other circumstance, your employment shall be deemed to have been terminated for Cause if the Company determines within thirty (30) days after the
termination of employment (whether such termination was voluntary or involuntary) that termination for Cause was warranted. 

  
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	9.	 Employee NDA. Attached hereto as Exhibit B is a copy of ClimaCell’s Non-Disclosure, Non-Competition and Assignment of Intellectual Property Agreement (the “Employee Undertaking ”). This offer is conditioned on your signing the
Employee Undertaking and your continuing willingness thereafter to abide by its terms. You are required to sign the Employee Undertaking when you countersign this Agreement. For the sake of clarity, the terms and obligations as set forth in the
Employee Undertaking are incorporated herein by reference and such terms and obligations shall survive (i) termination of your employment, regardless of whether such termination is with, or without, cause; and (ii) any change in the terms
of your employment. 

  

	10.	 Proof of Right to Work. The Immigration Reform and Control Act require employers to verify the
employment eligibility and identity of new employees. Prior to commencing employment with the Company, you shall provide the Company with Form I-9 accurately completed to evidence your eligibility for
employment. Please bring the appropriate documents listed in the Form I-9 with you on the commencement date of your employment. The Company will not be able to employ you if you failed to comply with that
requirement. The Company reserves the right to perform standard background checks on all employees consistent with applicable laws. 

  

	11.	 Release. In consideration for this offer of at-will employment
and the compensation and benefits for which you are eligible pursuant to this offer, you hereby waive any claims, damages or liability that, as of the date you sign this letter, you have or ever had against the Company and all Company employees and
agents, including without limitation claims under the Massachusetts Wage Act. 

  

	12.	 Miscellaneous. This Agreement, and Exhibits attached hereto, contain the entire understanding between
you and the Company with regard to the subject matter contained herein, and supersedes all prior agreements, understandings, intents, promises or statements, whether oral or written, between you and the Company or any related party regarding the
offered terms of employment. The terms of your employment shall be governed by the laws of the Commonwealth of Massachusetts. Any controversy or claim arising out of, or relating to, this Agreement or breach hereof shall be brought before courts
having jurisdiction thereof. You acknowledge that the services you will render hereunder are unique and personal. Accordingly, you may not assign any of your rights or delegate any of your duties or obligations under this Agreement. The rights and
obligations of the Company under this Agreement shall inure to the benefit of and be binding upon its successors and assigns. Should any provision of this Agreement or any portion thereof, be found invalid and unenforceable, the remaining provisions
shall continue in full force and effect. Failure of either you or the Company to enforce at any time any provision of this Agreement shall not be construed to be a waiver of such provision, nor in any way affect the validity of this Agreement or any
part hereof or the right of either you or the Company to enforce each and every such provision. No waiver of any breach 

  
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of this Agreement shall be held to constitute a waiver of any other or subsequent breach. This Agreement may be executed in one or more counterparts, each of which shall be considered an original
instrument, but all of which shall be considered one and the same agreement, and shall be binding when one or more counterparts have been signed by each of the parties and delivered to each of the parties. 

If the terms of this offer are acceptable to you, please sign this Agreement and the enclosed NDA, and return them to the Company by January 15th, 2020. In
accepting this offer, you give ClimaCell assurance that you have not relied on any agreements or representations, express or implied, with respect to your employment that are not set forth in expressly in this Agreement. 

We are excited to offer you the opportunity to join ClimaCell, and we look forward to having you as a member of our team. We are confident that you will make
an important contribution to our unique and exciting enterprise. 
 Sincerely, 

ClimaCell, Inc. 
 By: /s/ Shimon
Elkabetz                             

Name: Shimon Elkabetz 
 Title: CEO 

Accepted and agreed: 
 Leigha
Kemmett                                       

Print Name 
 /s/ Leigha
Kemmett                                   

Signature 

1/13/2019                        
           
 Date 

  
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 EXHIBIT A 

Compensation 
  

	 	•	 	 Base Salary: $250,000 per year, subject to adjustment by the Company (the “Salary
Compensation”). 

  

	 	•	 	 Annual Bonus: Up to $50,000, based on meeting goals set by direct supervisor.

  

	 	•	 	 Stock Options: Subject to approval by the Company’s Board of Directors, and pursuant to the terms and
conditions of: (i) the Company’s Stock Incentive Plan, (ii) the Notice of Stock Option Grant, and (iii) Stock Option Agreement (all subject to the approval of the Board of Directors) (collectively, the “Equity
Documents”), the Company will grant to you an option to purchase 267,870 shares of the Company’s Common Stock, $0.0001 par value per share (the “Option”). The Option shall be subject to the Company’s standard four-year
vesting, such that 25% of the shares subject to the Option will vest and become vested shares on the first anniversary of the date of grant, and thereafter the shares shall continue to vest in 12 equal quarterly installments over the three-year
period commencing on the first anniversary of the date of grant. Vesting shall cease immediately upon termination of employment for any reason. In the event of any conflict between this letter and the Equity Documents, the Equity Documents shall
control. 

  

	 	•	 	 Relocation Expense: $5,000. 

The reimbursement of relocation expenses will be as follows: $2,500 will be earned and payable after 2 months of employment and another $2,500
after 4 months of employment. All expenses must be reasonable and substantiated with relevant receipts (such as moving costs, airfare, etc.). 

  
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 EXHIBIT 10.1
  
 STOCK CANCELLATION AGREEMENT
  
 This Stock Cancellation Agreement (this “Agreement”), dated effective as of January 13, 2022 (the “Effective Date”), is entered into by and between G7 Holdings Inc. (the “Stockholder”) and Astra Energy Inc., a Nevada corporation (the “Company”).
  
 WHEREAS, Stockholder is the record and beneficial owner of one (1) 2020 Series A1 Preferred Share, $.0001 par value per share (the “A1 Stock”) of the Company;
  
 WHEREAS, the Stockholder has agreed to cancel the one (1) share of A1 Stock (the “Subject Share”);
  
 NOW THEREFORE, in consideration of the promises and respective mutual agreements herein contained, it is agreed by and between the parties hereto as follows.
  
 1. Cancellation of Subject Share. Upon the terms and subject to the conditions set forth in this Agreement, the Stockholder hereby agrees to cancel and forfeit all of the Stockholder's right, title and interest in and to the Subject Share. Effective as of the Effective Date, the Stockholder hereby irrevocably instructs the Company and the Company’s transfer agent to cancel the Subject Share such that the Subject Share will no longer be outstanding on the stock ledger of the Company and such that the Stockholder shall no longer have any interest in the Subject Share whatsoever. The Company shall immediately deliver to the Company’s transfer agent irrevocable instructions providing for the cancellation of the Subject Share.
  
 2. Entire Agreement. This Agreement sets forth the entire agreement and understanding of the parties hereto with respect to the transactions contemplated hereby, and supersedes all prior agreements, arrangements and understanding related to the subject matter hereof. No understanding, promise, inducement, statement of intention, representation, warranty, covenant or condition, written or oral, express or implied, whether by statute or otherwise, has been made by any party hereto which is not embodied in this Agreement or the written statement, certificates, or other documents delivered pursuant hereto or in connection with the transactions contemplated hereby, and no party hereto shall be bound by or liable for any alleged understanding, promise, inducement, statement, representation, warranty, covenant or condition not set forth.
  
 3. Governing Law. This Agreement shall be governed in all respects, including validity, construction, interpretation and effect, by the laws of the State of Nevada (without regard to principles of conflicts of law).
  
 4. Counterparts. This Agreement may be executed by the parties hereto in separate counterparts each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
  
 5. Further Assurances. Each party shall, at the request of the other party, at any time and from time to time following the Effective Date promptly execute and deliver, or cause to be executed and delivered, to such requesting party all such further instruments and take all such further action as may be reasonably necessary or appropriate to carry out the provisions and intents of this Agreement and of the instruments delivered pursuant to this Agreement.
  
 6. Severability of Provisions. If any provision or any portion of any provision of this Agreement or the application of any such provision or any portion thereof to any person or circumstance, shall be held invalid or unenforceable, the remaining portion of such provision and the remaining provisions of the Agreement, or the application of such provision or portion of such provision is held invalid or unenforceable to person or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby and such provision or portion of any provision as shall have been held invalid or unenforceable shall be deemed limited or modified to the extent necessary to make it valid and enforceable, in no event shall this Agreement be rendered void or unenforceable.
  
 7. Captions. All section titles or captions contained in this Agreement are for convenience only, shall not be deemed a part of this Agreement and shall not affect the meaning or interpretation of this Agreement. All references herein to sections shall be deemed references to such parts of this Agreement, unless the context shall otherwise require.
  
 	 
	
	

	 

 	 Stock Cancellation Agreement
	 Page | 2

   
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement, as of the Effective Date.
  
 	 ASTRA ENERGY INC.
	
	 	 	 
	By:	/s/ Lisa Kowan	
	  
	Lisa Kowan, Secretary	 
	 		 
	 G7 HOLDINGS INC.
	 
	  
	  
	  

	 By:
	 /s/ Harold Schneider
	  

	  
	 Authorized Signatory

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