Document:

Exhibit

Exhibit 4.14

ARCELORMITTAL
EQUITY INCENTIVE PLAN
ANNEX H
Supplemental Terms for 2018-2019 Performance Share Units 
The following share limits and vesting provisions shall apply to all Awards of Performance Share Units granted pursuant to the Plan during the period beginning on the date of the general meeting of shareholders of the Company in 2018 and ending on the date of the general meeting of shareholders of the Company in 2019 (the “2018-2019Plan Year”). All other terms and conditions of the Performance Share Units are as set forth in the Plan, including but not limited to Section 6 thereof.
		
	1.
	Shares Available for Grant.   Subject to adjustment as provided in Section 7 of the Plan the number of shares of Common Stock that may be issued pursuant to Awards of Performance Share Units granted pursuant to the Plan during the 2018-2019 Plan Year and the number of shares of Common Stock that may be issued pursuant to Awards of Performance Share Units granted to the CEO Office members pursuant to the Group Management Board Performance Share Units Plan may not exceed 1,500,000.

		
	2.
	Vesting and Settlement.  

		
	(a)
	Each Award of Performance Share Units granted pursuant to the Plan during the 2018-2019 Plan Year shall vest after the completion of the three (3)  full year  financial exercises following the date on which the Award was granted, subject to the continued active Employment of the Participant through such date, and be settled by the Company pursuant to the terms of the Plan on or within fourteen (14) days after confirmation that the performance criteria have been met, provided that the Participant has submitted all necessary settlement information prior to such time.

		
	(b)
	Each Award of Performance Share Units granted pursuant to the Plan during the 2018-2019 Plan Year shall vest after the completion of the three (3) full year financial exercises following the date on which the Award was granted subject to the achievement of the following goals, each of which shall comprise:

		
	(i)
	 the improvement of the return on capital employed (ROCE) of the business unit to which the Participant belongs; 

		
	(ii)
	and the achievement of other strategic priorities as set by the Board of Directors.  

Each measure counts for 50% (fifty percent). 
The Committee shall determine whether the performance criteria have been met within sixty (60) days from the vesting date and shall inform each Participant of such performance as soon as practicable thereafter.  
For purposes of clarification, if a Participant belongs to different business units during the performance period or otherwise has duties and responsibilities that affect the performance 

of multiple business units during the performance period, the Committee may take into consideration the achievements reached for the applicable performance objectives  of multiple business units, as appropriate, for various portions of the performance period in respect of Performance Share Units held by such Participant, considering for each financial year the achievements reached by the business units to which the Participant belonged to or for which the Participant had responsibilities for the longest period within the financial year.
 If the Committee determines that with respect to a particular portion of the Award held by a Participant the achievement was (I) below the target levels, then no Performance Share Units held by such Participant shall vest, (II) at 100% or above of target levels, then 100% of the Performance Share Units held by such Participant shall vest. 
In no event will a Participant be entitled to settlement of a number of Performance Share Units equal to more than 100% of the Performance Share Units granted to the Participant.  
		
	(c)
	Forfeiture of Performance Share Units.

If a Participant’s Employment is terminated for any reason prior to the vesting date of the Award, each Performance Share Unit that has not vested as of the date of such termination shall expire and be terminated, provided that if the Participant’s Employment terminates by reason of the Participant’s Retirement at age sixty (60) or more, the Committee may, in its sole discretion, allow a pro rata temporis vesting of the Performance Share Unit. Such pro rata temporis vesting will be determined based on the level of achievement, if any, of the applicable performance objectives as measured for each financial year within the performance period, and on the number of days of each financial year elapsed prior to the termination of Employment. 

EXHIBIT 8
Terms Applicable to Participants Subject to United States Federal, State or Local Tax in Respect of Any Performance Share Units Granted Pursuant to the Plan during the 2018-2019 Plan Year
Pursuant to Section 17 of the Plan, the following terms and conditions shall apply to all Awards issued to any Participant who is or may be subject to federal, state or local tax in respect of any Performance Share Units granted pursuant to the Plan during the  2018-2019 Plan Year (a “U.S. Participant”).  With respect to each U.S. Participant, in the event of any conflict between the terms of the Plan and this Exhibit 7, the terms of this Exhibit 7 shall apply.    
		
	1.
	Vesting and Settlement.  

All Awards granted to U.S. Participants shall be settled within two and one-half months (75 calendar days) following the date on which such Award vests.  
In the event that a U.S. Participant’s Employment terminates for any reason prior to the vesting date of the Award, each Performance Share Unit that has not vested as of the date of such termination shall expire and be terminated, provided that if the Participant’s Employment terminates by reason of the Participant’s Retirement at age sixty (60) or more, the Committee may, in its sole discretion, allow a pro rata temporis vesting of the Performance Share Unit. Such pro rata temporis vesting will be determined based on the level of achievement, if any, of the applicable performance objectives as measured for each financial year within the performance period, and on the number of days of each financial year elapsed prior to the termination of Employment. Settlement of such Award or Award portion may not be deferred under Section 4(e) of the Plan, except in compliance with Section 409A of the Code.  Notwithstanding anything to the contrary, in the event that such U.S. Participant is a “specified employee” (within the meaning of Section 409A(2)(B) of the Code) on the date his or her Employment terminates by reason of Retirement, the Award shall be settled on the first business day of the first calendar month that begins after the six-month anniversary of the date of the termination of Employment.  
		
	2.
	Committee Discretion.  

With respect to Awards granted to U.S. Participants, the Committee’s authority with respect to leaves of absence as set forth in Section 4(d) of the Plan shall be limited as follows: the Committee shall determine whether an authorized leave of absence, or absence in military or government service, shall constitute termination of Employment; provided that, no payment shall be made with respect to any Award that is subject to Section 409A of the Internal Revenue Code of 1986, as amended from time to time, and all regulations, interpretations and administrative guidance issued thereunder (the “Code”) as a result of any such authorized leave of absence or absence in military or government service unless such authorized leave of absence constitutes a separation from service for purposes of Section 409A. 
		
	3.
	Payments by the Company. 

With respect to Awards granted to U.S. Participants, the Committee may not accelerate the settlement of any Award unless any such acceleration would be permissible under Section 409A of the Code. 
		
	4.
	Adjustments Upon Certain Changes.

  
No provision of Section 9 of the Plan shall be given effect with respect to Awards granted to U.S. 

Participants, to the extent that such provision would cause any tax to become due under Section 409A of the Code. 
		
	5.
	Amendment or Termination of the Plan. 

With respect to Awards granted to U.S. Participants, no provision of the Board of Directors’ right to amend or terminate the plan as provided in Section 12 of the Plan shall be given effect to the extent that such provision would cause any tax to become due under Section 409A of the Code. 
		
	6.
	Certain Limitations on Awards to Ensure Compliance with Code Section 409A. 

The Company intends that the Plan and each Award granted hereunder that is subject to Section 409A of the Code shall comply with Section 409A of the Code and that the Plan shall be interpreted, operated and administered accordingly.  In the event any term and/or condition of an Award granted hereunder would cause the application of an accelerated or additional tax due by the Participant under Section 409A of the Code, such term and/or condition shall be restructured, to the extent possible, in a manner, determined by the Committee, that does not cause such an accelerated or additional tax.  Any reservation of rights by the Company hereunder affecting the timing of payment of any Award subject to Section 409A of the Code (including, without limitation, the rights of the Committee pursuant to Section 9(d)) will only be as broad as is permitted by Section 409A of the Code. Notwithstanding anything herein to the contrary, in no event shall the Company be liable for the payment of or gross up in connection with any taxes and or penalties owed by the Participant pursuant to Section 409A of the Code. 
To the extent that a Participant is not, during the period of time when his or her Award is outstanding, subject to the application of Section 409A of the Code, the limitations contained herein solely to ensure compliance with Section 409A of the Code shall not apply.Exhibit 10.1

 

THIS CONVERTIBLE PROMISSORY
NOTE AND THE UNDERLYING SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. NO SALE OR DISPOSITION
MAY BE EFFECTED EXCEPT IN COMPLIANCE WITH RULE 144 UNDER SAID ACT OR AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN
OPINION OF COUNSEL FOR THE HOLDER SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE ACT OR RECEIPT
OF A NO-ACTION LETTER FROM THE SECURITIES AND EXCHANGE COMMISSION.

 

AMENDED AND RESTATED

SECURED CONVERTIBLE PROMISSORY NOTE

 

January 9, 2019

 

	$300,000	As of November 30, 2018

 

For value received OWP
VENTURES, INC., a Delaware corporation (the “Company”)
promises to pay to the order of CSW VENTURES, LP (“Holder”) ON DEMAND the principal sum of THREE
HUNDRED THOUSAND DOLLARS ($300,000.00), with interest on the outstanding principal amount at the rate of six percent (6%) per annum.
Interest shall commence with the date hereof and shall accrue on the outstanding principal amount until paid in full or this Note
has been converted as provided below. Interest shall be computed on the basis of a year of 365 days for the actual number of days
elapsed.

 

1. All payments
of interest and principal shall be in lawful money of the United States of America. All payments shall be applied first to accrued
interest, and thereafter to principal.

 

2. (a) In the
event that the Company consummates the closing of a public or private offering of its Equity Securities (as defined below) resulting
in gross proceeds to the Company of at least $500,000 (excluding the conversion this Note) (a “Qualified Financing”)
at any time prior to the repayment of this Note, then the outstanding principal balance of this Note, together with any accrued
and unpaid interest thereon, or any portion thereof, may, at the option of the Holder, be converted into such Equity Securities
at the lower of a conversion price (i) equal to eighty percent (80%) of the purchase price paid by the investors purchasing the
Equity Securities in the Qualified Financing, or (ii) reflecting a price per share of common stock of the Company of $0.424 per
share, as equitably adjusted for any stock split or stock dividends effected after the date hereof (the “Fixed Conversion
Price”). For purposes of this Note, the term “Equity Securities” shall mean (i) any shares
of common stock or preferred stock of the Company, (ii) any security convertible or exchangeable for common stock or preferred
stock of the Company, and (iii) any other rights to purchase or otherwise acquire common stock or preferred stock of the Company,
in each case issued in a Qualified Financing following the date hereof, except that Equity Securities shall not include any security
granted, issued and/or sold by the Company to any officer, employee, director, advisor or consultant in such capacity.

 

     

     

    

 

(b) In addition, the
Holder shall have the option at any time and from time to time, prior to the date on which the Company makes payment in full of
the outstanding principal amount of this Note together with all accrued interest thereon, to convert all or any portion of the
outstanding principal amount of this Note plus all accrued and unpaid interest thereon into common stock of the Company at the
Fixed Conversion Price.

 

(c) In case of any reorganization,
consolidation or merger involving the Company, in which the stockholders of the Company receive securities of another entity (including
any parent company of the company with which the Company merges or is merged into) (the “Successor Issuer”)
in exchange for their shares of Company common stock, the Successor Issuer shall assume the obligations of the Company under this
Note, and this Note shall thereafter be convertible into the Equity Securities of the Successor Issuer, at the option of the Holder
(i) upon a Qualified Financing of the Successor Issuer, at a conversion price equal to eighty percent (80%) of the purchase price
paid by the investors purchasing the Equity Securities of the Successor Issuer, in the manner provided by Section 2(a) of this
Note, or (ii) constituting that number of shares of common stock of the Successor Issuer as the Holder would have been entitled
to receive upon consummation of such reorganization, consolidation or merger, if the Holder had converted all of the principal
and interest outstanding under this Note immediately prior thereto at the Fixed Conversion Price.

 

(d) Notwithstanding
anything contained herein to the contrary, the Holder shall not be entitled to convert this Note if as a result thereof the Holder
would beneficially own in excess 4.99% or more of the outstanding shares of common stock of the Company or a Successor Issuer,
as applicable, at any time that such common stock is registered under Section 12 of the Securities Exchange Act of 1934, as amended
(the “1934 Act”). For the purposes of the immediately preceding sentence, beneficial ownership shall be determined
in accordance with Section 13(c) of the of the 1934 Act and Regulation 13d-3 thereunder. The Holder may void the limitation described
in this 2(d) upon 65 days prior notice to the Company.

 

(e) Before the Holder
shall be entitled to convert this Note into Equity Securities pursuant to this Section 2, the Holder shall give written notice
to the Company at its principal corporate office, of the election to convert the same and shall state therein the name or names
in which the Equity Securities are to be issued. The Company shall, as soon as practicable thereafter, issue and deliver to Holder
or to the nominee or nominees of Holder, a certificate or certificates for the Equity Securities to which the Holder shall be entitled
as aforesaid. Conversion shall be deemed to have been effected on the date when delivery of notice of an election to convert and
surrender of the Note to be converted is made, or if applicable, on the effective date of the Qualified Financing. All Equity Securities
which may be issued upon conversion of the Note will, upon issuance, be duly issued, fully paid and non-assessable and free from
all taxes, liens, and charges with respect to the issuance thereof.

 

3. By its acceptance
of this Note, the Holder makes the following representations and warrantees:

 

(a) The Holder represents
and warrants that it is acquiring this Note and will acquire any Equity Securities on conversion of this Note solely for its account
for investment and not with a view to or for sale or distribution of the Note or Equity Securities or any part thereof. The Holder
also represents that the entire legal and beneficial interests of the Note and Equity Securities the Holder is acquiring is being
acquired for, and will be held for, its account only.

 

    2

     

    

 

(b) The Holder understands
that the Note and Equity Securities have not been registered under the Securities Act of 1933, as amended (the “Act”)
on the basis that no distribution or public offering of the stock of the Company is to be effected. The Holder realizes that the
basis for the exemption may not be present if, notwithstanding its representations, the Holder has a present intention of acquiring
the securities for a fixed or determinable period in the future, selling (in connection with a distribution or otherwise), granting
any participation in, or otherwise distributing the securities. The Holder has no such present intention.

 

(c) The Holder recognizes
that the Note and Equity Securities must be held indefinitely unless they are subsequently registered under the Act or an exemption
from such registration is available. The Holder recognizes that the Company has no obligation to register the Note or Equity Securities,
or to comply with any exemption from such registration.

 

(d) The Holder is aware
that neither the Note nor the Equity Securities may be sold pursuant to Rule 144 adopted under the Act unless certain conditions
are met, including, among other things, the existence of a public market for the shares, the availability of certain current public
information, the resale following the required holding period under Rule 144 and the number of shares being sold during any three
month period not exceeding specified limitations. The Holder is aware that the conditions for resale set forth in Rule 144 have
not been satisfied and that the Company presently has no plans to satisfy these conditions in the foreseeable future.

 

4. This Note
may be prepaid at any time without the consent of the Holder.

 

5. The obligations
of the Company under this Note are secured by a Pledge Agreement of even date herewith.

 

6. The Company
shall pay all reasonable attorneys’ fees and court costs incurred by the Holder in enforcing and collecting this Note.

 

7. The Company
hereby waives demand, notice, presentment, protest and notice of dishonor.

 

8. This Note
shall be governed by and construed under the laws of the State of Nevada, as applied to agreements among Nevada residents, made
and to be performed entirely within the State of Nevada, without giving effect to conflicts of laws principles.

 

9. This Note
may be transferred only upon its surrender to the Company for registration of transfer, duly endorsed, or accompanied by a duly
executed written instrument of transfer in form satisfactory to the Company. Thereupon, this Note shall be reissued to, and registered
in the name of, the transferee, or a new Note for like principal amount and interest shall be issued to, and registered in the
name of, the transferee. Interest and principal shall be paid solely to the registered holder of this Note. Such payment shall
constitute full discharge of the Company’s obligation to pay such interest and principal.

 

10. This Note
amends and restates in its entirety, and is issued in substitution of and exchange for, but not in payment of, that certain Secured
Convertible Promissory Note dated as of November 30, 2018 made by the Company in favor of “CSW Investors, LP”.

 

	 	OWP VENTURES, INC. 
	 	 	 
	 	By:	/s/ Craig Ellins
	 		Name: 	Craig Ellins
	 		Title:	Chief Executive Officer

 

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