Document:

Exhibit 10.3

 

INDEMNIFICATION AGREEMENT

 

This Indemnification Agreement
(this "Agreement"), dated as of January 31, 2017 is made by and between ID GLOBAL SOLUTIONS CORPORATION,
a Delaware corporation (the "Company '), and STUART STOLLER, a director and/or officer of the Company (the "Indemnitee").

 

RECITALS

 

A.           The
Company is aware that competent and experienced persons are increasingly reluctant to serve as directors or officers of corporations
unless they are protected by comprehensive liability insurance and/or indemnification, due to increased exposure to litigation
costs and risks resulting from their service to such corporations, and because the exposure frequently bears no reasonable relationship
to the compensation of such directors and officers;

 

B.           Based
on their experience as business managers, the Board of Directors of the Company (the "Board'') has concluded
that, to retain and attract talented and experienced individuals to serve as officers and directors of the Company, and to encourage
such individuals to take the business risks necessary for the success of the Company, it is necessary for the Company contractually
to indemnify officers and directors and to assume for itself maximum liability for expenses and damages in connection with claims
against such officers and directors in connection with their service to the Company;

 

C.            Section 145 of the Delaware
General Corporation Law, under which the Company is organized (the "Law"), empowers the Company to indemnify
by agreement its officers, directors, employees and agents, and persons who serve, at the request of the Company, as directors,
officers, employees or agents of other corporations or enterprises, and expressly provides that the indemnification provided by
the Law is not exclusive; and

 

D.           The
Company desires and has requested the Indemnitee to serve or continue to serve as a director or officer of the Company free from
undue concern for claims for damages arising out of or related to such services to the Company.

 

NOW, THEREFORE, the
parties hereto, intending to be legally bound, hereby agree as follows:

 

1.            Definitions.

 

1.1.          Agent.
For the purposes of this Agreement, "agent" of the Company means any person who is or was a director
or officer of the Company or a subsidiary of the Company; or is or was serving at the request of, for the convenience of, or to
represent the interest of the Company or a subsidiary of the Company as a director or officer of another foreign or domestic corporation,
partnership, joint venture, trust or other enterprise or an affiliate of the Company; or was a director or officer of a foreign
or domestic corporation which was a predecessor corporation of the Company, or was a director or officer of another enterprise
or affiliate of the Company at the request of, for the convenience of, or to represent the interests of such predecessor corporation.
The term "enterprise" includes any employee benefit plan of the Company, its subsidiaries, affiliates and
predecessor corporations.

 

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1.2           Expenses.
For purposes of this Agreement, "expenses" includes all direct and indirect costs of any type or nature whatsoever
(including, without limitation, all attorneys' fees and related disbursements and other out-of-pocket costs) actually and reasonably
incurred by the Indemnitee in connection with the investigation, defense or appeal of a proceeding or establishing or enforcing
a right to indemnification or advancement of expenses under this Agreement, the Law or otherwise.

 

1.3           Proceeding.
For the purposes of this Agreement, ‘'proceeding” means any threatened, pending or completed action, suit or other
proceeding, whether civil, criminal, administrative, investigative or any other type whatsoever.

 

1.4           Subsidiary.
For purposes of this Agreement, "subsidiary" means any corporation of which more than 50% of the outstanding voting
securities is owned directly or indirectly by the Company, by the Company and one or more of its subsidiaries or by one or more
of the Company's subsidiaries.

 

2.            Agreement
to Serve. The Indemnitee agrees to serve and/or continue to serve as an agent of the Company, at the will of the Company
(or under separate agreement, if such agreement exists), in the capacity the Indemnitee currently serves as an agent of the Company,
faithfully and to the best of his ability, so long as he or she is duly appointed or elected and qualified in accordance with the
applicable provisions of the charter documents of the Company or any subsidiary of the Company; provided, however, that
the Indemnitee may at any time and for any reason resign from such position (subject to any contractual obligation that the Indemnitee
may have assumed apart from this Agreement), and the Company or any subsidiary shall have no obligation under this Agreement to
continue to indemnify the Indemnitee for any actions taken or not taken by him or her after the date of resignation or termination
of such position.

 

3.            Directors'
and Officers' Insurance. The Company shall, to the extent that the Board determines it to be economically reasonable, maintain
a policy of directors' and officers' liability insurance ("D&O Insurance"), on such terms and conditions
as may be approved by the Board.

 

4.            Mandatory
Indemnification. Subject to Section 9 below, the Company shall indemnify the Indemnitee:

 

4.1          Third Party
Actions. If the Indemnitee is a person who was or is a party or is threatened to be made a party to any proceeding (other
than an action by or in the right of the Company) by reason of the fact that he is or was an agent of the Company, or by reason
of anything done or not done by him in any such capacity, against any and all expenses and liabilities of any type whatsoever
(including, but not limited to, judgments, fines, ERISA excise taxes or penalties and amounts paid in settlement) actually and
reasonably incurred by him in connection with the investigation, defense, settlement or appeal of such proceeding if he acted
in good faith and in a manner he reasonably believed to be in, or not opposed to, the best interests of the Company and, with
respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful; and

 

4.2           Derivative
Actions. If the Indemnitee is a person who was or is a party or is threatened to be made a party to any proceeding by or
in the right of the Company to procure a judgment in its favor by reason of the fact that he is or was an agent of the Company,
or by reason of anything done or not done by him in any such capacity, against any amounts paid in settlement of any such proceeding
and all expenses actually and reasonably incurred by him in connection with the investigation, defense, settlement or appeal of
such proceeding if he acted in good faith and in a manner he reasonably believed to be in, or not opposed to, the best interests
of the Company; except that no indemnification under this subsection shall be made in respect of any claim, issue or matter
as to which such person shall have been finally adjudged to be liable to the Company by a court of competent jurisdiction due to
willful misconduct of a culpable nature in the performance of his duty to the Company, unless and only to the extent that the Court
of Chancery or the court in which such proceeding was brought shall determine upon application that, despite the adjudication of
liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such
amounts which the Court of Chancery or such other court shall deem proper; and

 

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4.3           Exception
for Amounts Covered by Insurance. Notwithstanding the foregoing, the Company shall not be obligated to indemnify the Indemnitee
for expenses or liabilities of any type whatsoever (including, but not limited to, judgments, fines, ERISA excise taxes or penalties
and amounts paid in settlement) to the extent such have been paid directly to the Indemnitee by D&O Insurance.

 

5.            Partial
Indemnification and Contribution.

 

5.1           Partial
Indemnification. If the Indemnitee is entitled under any provision of this Agreement to indemnification by the Company
for some or a portion of any expenses or liabilities of any type whatsoever (including, but not limited to, judgments, fines, BRISA
excise taxes or penalties and amounts paid in settlement) incurred by him or her in the investigation, defense, settlement or appeal
of a proceeding but is not entitled, however, to indemnification for all of the total amount thereof, then the Company shall nevertheless
indemnify the Indemnitee for such total amount except as to the portion thereof to which the Indemnitee is not entitled to indemnification.

 

5.2           Contribution.
If the Indemnitee is not entitled to the indemnification provided in Section 4 for any reason other than the statutory limitations
set forth in the Law, then in respect of any threatened, pending or completed proceeding in which the Company is jointly liable
with the Indemnitee (or would be if joined in such proceeding), the Company shall contribute to the amount of expenses (including
attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred and paid or payable by the Indemnitee
in such proportion as is appropriate to reflect (i) the relative benefits received by the Company on the one hand and the Indemnitee
on the other hand from the transaction from which such proceeding arose and (ii) the relative fault of the Company on the one hand
and of the Indemnitee on the other hand in connection with the events which resulted in such expenses, judgments, fines or settlement
amounts, as well as any other relevant equitable considerations. The relative fault of the Company on the one hand and of the Indemnitee
on the other hand shall be determined by reference to, among other things, the parties' relative intent, knowledge, access to information
and opportunity to correct or prevent the circumstances resulting in such expenses, judgments, fines or settlement amounts. The
Company agrees that it would not be just and equitable if contribution pursuant to this Section 5 were determined by pro rata allocation
or any other method of allocation that does not take account of the foregoing equitable considerations.

 

6.            Mandatory
Advancement of Expenses.

 

6.1           Advancement.
Subject to Section 9 below and except as prohibited by law, the Company shall advance all expenses incurred by the Indemnitee
in connection with the investigation, defense, settlement or appeal of any proceeding to which the Indemnitee is a party or is
threatened to be made a party by reason of the fact that the Indemnitee is or was an agent of the Company or by reason of anything
done or not done by him in any such capacity. The Indemnitee hereby undertakes to promptly repay such amounts advanced only if,
and to the extent that, it shall ultimately be determined that the Indemnitee is not entitled to be indemnified by the Company
under the provisions of this Agreement, the Certificate of Incorporation or Bylaws of the Company, the Law or otherwise. The advances
to be made hereunder shall be paid by the Company to the Indemnitee within 30 days following delivery of a written request therefor
by the Indemnitee to the Company.

 

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6.2           Exception.
Notwithstanding the foregoing provisions of this Section 6, the Company shall not be obligated to advance any expenses to the
Indemnitee arising from a lawsuit filed directly by the Company against the Indemnitee if an absolute majority of the members of
the Board reasonably determines in good faith, within 30 days of the Indemnitee's request to be advanced expenses, that the facts
known to them at the time such determination is made demonstrate clearly and convincingly that the Indemnitee acted in bad faith.
If such a determination is made, the Indemnitee may have such decision reviewed by another forum, in the manner set forth in Sections
8.3, 8.4 and 8.5 hereof, with all references therein to "indemnification" being deemed to refer to "advancement
of expenses," and the burden of proof shall be on the Company to demonstrate clearly and convincingly that, based on the facts
known at the time, the Indemnitee acted in bad faith. The Company may not avail itself of this Section 6.2 as to a given lawsuit
if, at any time after the occurrence of the activities or omissions that are the primary focus of the lawsuit, the Company has
undergone a change in control. For this purpose, a change in control shall mean a given person or group of affiliated persons or
groups increasing their beneficial ownership interest in the Company by at least twenty (20) percentage points without advance
Board approval.

 

7.            Notice
and Other Indemnification Procedures.

 

7.1           Promptly
after receipt by the Indemnitee of notice of the commencement of or the threat of commencement of any proceeding, the Indemnitee
shall, if the Indemnitee believes that indemnification with respect thereto may be sought from the Company under this Agreement,
notify the Company of the commencement or threat of commencement thereof.

 

7.2           If,
at the time of the receipt of a notice of the commencement of a proceeding pursuant to Section 7. 1 hereof, the Company has D&O
Insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance
with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to
cause such insurers to pay, on behalf of the Indemnitee, all amounts payable because of such proceeding in accordance with the
terms of such D&O Insurance policies.

 

7.3           In
the event the Company shall be obligated to advance the expenses for any proceeding against the Indemnitee, the Company, if appropriate,
shall be entitled to assume the defense of such proceeding, with counsel approved by the Indemnitee (which approval shall not be
unreasonably withheld), upon the delivery to the Indemnitee of written notice of its election to do so. After delivery of such
notice, approval of such counsel by the Indemnitee and the retention of such counsel by the Company, the Company will not be liable
to the Indemnitee under this Agreement for any fees of counsel subsequently incurred by the Indemnitee with respect to the same
proceeding, provided that: (a) the Indemnitee shall have the right to employ his or her own counsel in any such proceeding
at the Indemnitee' s expense; (b) the Indemnitee shall have the right to employ his or her own counsel in connection with any such
proceeding, at the expense of the Company, if such counsel serves in a review, observer, advice and counseling capacity and does
not otherwise materially control or participate in the defense of such proceeding; and (c) if (i) the employment of counsel by
the Indemnitee has been previously authorized by the Company, (ii) the Indemnitee shall have reasonably concluded that there may
be a conflict of interest between the Company and the Indemnitee in the conduct of any such defense or (iii) the Company shall
not, in fact, have employed counsel to assume the defense of such proceeding, then the fees and expenses of the Indemnitee' s counsel
shall be at the expense of the Company.

 

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8.            Determination
of Right to Indemnification.

 

8.1           To
the extent the Indemnitee has been successful on the merits or otherwise in defense of any proceeding referred to in Section 4.1
or 4.2 of this Agreement or in the defense of any claim, issue or matter described therein, the Company shall indemnify the Indemnitee
against expenses actually and reasonably incurred by him or her in connection with the investigation, defense or appeal of such
proceeding, or such claim, issue or matter, as the case may be.

 

8.2           In
the event that Section 8.1 is inapplicable, or does not apply to the entire proceeding, the Company shall nonetheless indemnify
the Indemnitee unless the Company shall prove by clear and convincing evidence to a forum listed in Section 8.3 below that the
Indemnitee has not met the applicable standard of conduct required to entitle the Indemnitee to such indemnification.

 

8.3           The
Indemnitee shall be entitled to select the forum in which the validity of the Company's claim under Section 8.2 hereof that the
Indemnitee is not entitled to indemnification will be heard from among the following, except that the Indemnitee can select
a forum consisting of the stockholders of the Company only with the approval of the Company:

 

(a)          A
quorum of the Board consisting of directors who are not parties to the proceeding for which indemnification is being sought;

 

(b)          The
stockholders of the Company;

 

(c)          Legal
counsel mutually agreed upon by the Indemnitee and the Board, which counsel shall make such determination in a written opinion;

 

(d)          A
panel of three arbitrators, one of whom is selected by the Company, another of whom is selected by the Indemnitee and the last
of whom is selected by the first two arbitrators so selected; or

 

(e)          The
Court of Chancery of Delaware.

 

8.4           As
soon as practicable, and in no event later than 30 days after the forum has been selected pursuant to Section 8.3 above, the Company
shall, at its own expense, submit to the selected forum its claim that the Indemnitee is not entitled to indemnification, and the
Company shall act in the utmost good faith to assure the Indemnitee a complete opportunity to defend against such claim.

 

8.5           If
the forum selected in accordance with Section 8.3 hereof is not a court, then after the final decision of such forum is rendered,
the Company or the Indemnitee shall have the right to apply to the Court of Chancery of Delaware, for the purpose of appealing
the decision of such forum, provided that such right is executed within 60 days after the final decision of such forum is
rendered. If the forum selected in accordance with Section 8.3 hereof is a court, then the rights of the Company or the Indemnitee
to appeal any decision of such court shall be governed by the applicable laws and rules governing appeals of the decision of such
court.

 

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8.6           Notwithstanding
any other provision in this Agreement to the contrary, the Company shall indemnify the Indemnitee against all expenses incurred
by the Indemnitee in connection with any hearing or proceeding under this Section 8 involving the Indemnitee and against all expenses
incurred by the Indemnitee in connection with any other proceeding between the Company and the Indemnitee involving the interpretation
or enforcement of the rights of the Indemnitee under this Agreement unless a court of competent jurisdiction finds that each of
the material claims and/or defenses of the Indemnitee in any such proceeding was frivolous or not made in good faith.

 

9.            Exceptions. Any
other provision herein to the contrary notwithstanding, the Company shall not be obligated pursuant to the terms of this
Agreement:

 

9.1           Claims
Initiated by Indemnitee. To indemnify or advance expenses to the Indemnitee with respect to proceedings or claims initiated
or brought voluntarily by the Indemnitee and not by way of defense, except with respect to proceedings specifically authorized
by the Board or brought to establish or enforce a right to indemnification and/or advancement of expenses arising under this Agreement,
the charter documents of the Company or any subsidiary or any statute or law or otherwise, but such indemnification or advancement
of expenses may be provided by the Company in specific cases if the Board finds it to be appropriate; or

 

9.2          Unauthorized
Settlements. To indemnify the Indemnitee hereunder for any amounts paid in settlement of a proceeding unless the Company
consents in advance in writing to such settlement, which consent shall not be unreasonably withheld; or

 

9.3           Securities
Law Actions. To indemnify the Indemnitee on account of any suit in which judgment is rendered against the Indemnitee for
an accounting of profits made from the purchase or sale by the Indemnitee of securities of the Company pursuant to the provisions
of Section l 6(b) of the Securities Exchange Act of 1934 and amendments thereto or similar provisions of any federal, state or
local statutory law; or

 

9.4           Unlawful
Indemnification. To indemnify the Indemnitee if a final decision by a court having jurisdiction in the matter shall determine
that such indemnification is not lawful. In this respect, the Company and the Indemnitee have been advised that the Securities
and Exchange Commission takes the position that indemnification for liabilities arising under the federal securities laws is against
public policy and is, therefore, unenforceable and that claims for indemnification should be submitted to appropriate courts for
adjudication.

 

10.           Non-Exclusivity.
The provisions for indemnification and advancement of expenses set forth in this Agreement shall not be deemed exclusive of
any other rights which the Indemnitee may have under any provision of law, the Company's Certificate of Incorporation or Bylaws,
the vote of the Company's stockholders or disinterested directors, other agreements or otherwise, both as to action in the Indemnitee's
official capacity and to action in another capacity while occupying his position as an agent of the Company, and the Indemnitee's
rights hereunder shall continue after the Indemnitee has ceased acting as an agent of the Company and shall inure to the benefit
of the heirs, executors and administrators of the Indemnitee.

 

11.           General
Provisions.

 

11.1         Interpretation
of Agreement. It is understood that the parties hereto intend this Agreement to be interpreted and enforced so as to provide
indemnification and advancement of expenses to the Indemnitee to the fullest extent now or hereafter permitted by law, except as
expressly limited herein.

 

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11.2         Severability.
If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever,
then: (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including, without limitation,
all portions of any paragraphs of this Agreement containing any such provision held to be invalid, illegal or unenforceable that
are not themselves invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby; and (b) to the fullest
extent possible, the provisions of this Agreement (including, without limitation, all portions of any paragraphs of this Agreement
containing any such provision held to be invalid, illegal or unenforceable, that are not themselves invalid, illegal or unenforceable)
shall be construed so as to give effect to the intent manifested by the provision held invalid, illegal or unenforceable and to
give effect to Section 11.1 hereof.

 

11.3         Modification
and Waiver. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by both
parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other
provision hereof (whether or not similar), nor shall such waiver constitute a continuing waiver.

 

11.4         Subrogation.
In the event of full payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the
rights of recovery of the Indemnitee, who shall execute all documents required and shall do all acts that may be necessary or desirable
to secure such rights and to enable the Company effectively to bring suit to enforce such rights.

 

11.5         Counterparts.
This Agreement may be executed m one or more counterparts, which shall together constitute one agreement.

 

11.6         Successors
and Assigns. The terms of this Agreement shall bind, and shall inure to the benefit of, the successors and assigns of the
parties hereto.

 

11.7         Notice.
All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed duly given:
(a) if delivered by hand and signed for by the party addressee; or (b) if mailed by certified or registered mail, with postage
prepaid, on the third business day after the mailing date. Addresses for notice to either party are as shown on the signature page
of this Agreement or as subsequently modified by written notice.

 

11.8         Governing
Law. This Agreement shall be governed exclusively by and construed according to the laws of the State of Delaware, without
giving effect to that body of laws pertaining to conflict of laws.

 

11.9         Consent
to Jurisdiction. The Company and the Indemnitee each hereby irrevocably consent to the jurisdiction of the courts of the
State of Delaware for all purposes in connection with any action or proceeding that arises out of or relates to this Agreement.

 

11.10         Attorneys'
Fees. In the event Indemnitee is required to bring any action to enforce rights under this Agreement (including, without
limitation, the expenses of any Proceeding described in Section 1.3) the Indemnitee shall be entitled to all reasonable fees and
expenses in bringing and pursuing such action, unless a court of competent jurisdiction finds each of the material claims of the
Indemnitee in any such action was frivolous and not made in good faith.

 

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IN WITNESS WHEREOF, the parties hereto have
entered into this Indemnification Agreement effective as of the date first written above.

 

THE COMPANY:

 

BY: /s/ Philip Beck

Name: Philip Beck

Title: CEO

 

THE INDEMNITEE:

 

/s/Stuart Stoller

STUART STOLLERExhibit 10.7

 

 

EMPLOYMENT AGREEMENT

 

This
EMPLOYMENT AGREEMENT, dated as of February 27, 2015 (this “Agreement”), by and between Melissa Heim (“Employee”)
and Eastside Distilling, Inc., a Nevada corporation (the “Company”). Capitalized terms not otherwise defined in this
Agreement shall have the meanings given to them on Annex I hereto.

 

RECITALS

 

WHEREAS, the Company
desires to retain Employee as Master Distiller of the Company, and Employee desires to serve as the Master Distiller of the Company
under the terms and conditions set forth herein.

 

NOW, THEREFORE, in consideration
of the mutual promises and covenants contained in this ‘Agreement, it is agreed by the Company and Employee as follows:

 

AGREEMENT

 

SECTION 1. Employment;
Duties. The Company hereby employs Employee, and Employee hereby accepts employment, as the Master Distiller of the Company.
Employee shall directly report to the President of the Company and shall devote 100% of her business time, energy and skill to
the business of the Company and the promotion of its interests, and the performance of her duties and responsibilities hereunder.
Employee shall comply with the Company’s employment policies and procedures, if any, adopted from time to time by the Board
of Directors of the Company (the “Board”). Employee hereby agrees to obtain any certifications from any governmental
or other regulatory body that the Company deems reasonably necessary for the performance or her duties and responsibilities hereunder.

 

SECTION 2. Term.
Employee’s employment under this Agreement shall be for a term (the “Term”) commencing on the date of
this Agreement and ending on February 27, 2020 (or such earlier date, if any, on which Employee resigns or is terminated by the
Company). So long as Employee has not materially breached the terms of this Agreement beginning on February 27, 2020 and on each
anniversary thereof (each, an “Extension Date”), the Term shall be automatically extended for an additional one-year
period (the “Extended Term”), unless either Party provides the other Party hereto at least twenty (20) days’
prior written notice before the next Extension Date that the Term shall not be so extended.

 

SECTION
3.

 

(a) In consideration for
Employee’s performance of Employee’s duties and responsibilities with the Company, the Company shall pay to Employee,
a base salary of $40,000 per annum (the “Base Salary”). Employee will be paid in bi-weekly installments pursuant
to the Company’s normal payroll policies.

 

(b)
Employee may also receive bonuses, from time to time, in the discretion of the Compensation Committee of the Board, depending
upon Employee’s performance and achievement of specific goals, and upon the profitability of the Company, which bonuses
may be payable in cash, options, and common stock, in the discretion of the Compensation Committee of the Board.

 

     

     

    

 

(c) On or as soon as practicable
after the date of this Agreement, the Company’s Board of Directors shall grant Employee options to purchase a total of 25,000
shares of the Company’s common stock (the “Options”), with an exercise price equal to 100 percent of the Fair
Market Value (as defined in the Company’s 2015 Stock Incentive Plan (the “Plan”))) of the Company’s
Common Stock on the date of grant. The Options shall be granted under the Plan and shall be subject to the terms and conditions
of the Plan. In the event that any provision of this Agreement respecting the Options shall conflict with the terms of the Plan,
however, the terms of this Agreement shall control. The Options shall have a 5-year term. The Options shall become vested and exercisable
over a period of 2-years from the date of grant, with 25% vesting in the first year after grant and the remaining 75% vesting during
the second year following grant; provided, however, that the Options will not begin vesting until 6-months after the date of grant.

 

(d) Employee shall be authorized
to incur, and shall be entitled to receive prompt reimbursement for, all reasonable expenses incurred by Employee in performing
his duties and carrying out the responsibilities hereunder, including business meals, entertainment, and travel expenses, provided
that Employee complies with all of the applicable policies, practices and procedures of the Company related to the submission of
expense reports, receipts, or similar documentation of those expenses. The Company shall either pay directly, or reimburse Employee
for such expenses in accordance with Company policies

 

(e) During the Term, Employee
shall be entitled to participate in the Buyer’s standard benefit plans (“Benefit Coverages”), if any of
general applicability to other senior executives of the Company, and if none are applicable, the Employee shall be entitled to
normal and customary Benefit Coverages applicable to the industry.

 

(f) During the Term, Employee
shall be entitled to up to ten (10) business days of paid vacation days per calendar year, in accordance with the Company’s
vacation policies in effect from time to time.

 

(g) The Company shall withhold
all applicable federal, state and local taxes, social security and workers’ compensation contributions and such other amounts
as may be required by law with respect to the compensation payable to Employee pursuant to this Agreement.

 

(h) The Company shall reimburse
Employee or ll appropriately documented, reasonable business expenses incurred by the Employee in the performance of her or her
duties under this Agreement, in accordance with the Company’s policies in effect from time to time.

 

SECTION
4. Non-solicitation.

 

(a)
Employee acknowledges that the Company, its subsidiaries and its Affiliates have expended and shall continue to expend substantial
amounts of time, money and effort to develop business strategies, employee, client and customer relationships and goodwill to
build an effective organization. Employee acknowledges that employee is and shall become familiar with the confidential information
of the Company, its subsidiaries and its Affiliates, including

 

    2

     

    

 

trade
secrets, and that Employee’s services are of special, unique and extraordinary value to the Company. Employee acknowledges
that the opportunities of employment and compensation offered under this Agreement are adequate consideration for the covenants
contained in this Section 4. Employee acknowledges that the Company and each of its subsidiaries and Affiliates and their respective
successors, assigns and nominees, has a legitimate business interest and right in protecting its confidential information, business,
strategies, employee, client and customer relationships and goodwill, and that each of the Company, its subsidiaries and Affiliates
and their respective successors, assigns and nominees would be seriously damaged by the disclosure of confidential information
and the loss or deterioration of its business strategies, employee and customer relationships and goodwill.

 

(b)   For
so long as Employee is employed by Company or any of its subsidiaries or Affiliates and for a period of three (3) years thereafter:

 

        (i)
Employee shall not within the Territory, directly or indirectly (whether as a founder, owner, partner, officer, director, employee,
trustee, agent, advisor, principal, substantial equity holder, contractor, consultant or other representative), solicit or accept
or perform any business which is similar to, or in competition with, the businesses in which the Company or any of its subsidiaries
or Affiliates is currently engaged or engages (the “Business”) during the period of Employee’s employment from
any Person who is or was a client or customer of the Company during the Term or otherwise interfere with the Company’s relationship
with any Person who is or was a client or customer of the Company during the Term;

 

        (ii) Employee shall not (x) directly
or indirectly solicit, recruit or hire any Employees of the Company or any of its subsidiaries or Affiliates, or any independent
contractors, consultants or advisors that are engaged by the Company or any of its subsidiaries or Affiliates, in each case who
were employees, independent contractors, consultants or advisors of the Company or any of its subsidiaries or Affiliates at any
time during the Term; (y) solicit or encourage any employees, independent contractors, consultants or advisors to leave the employment
of or engagement with the Company or any of its subsidiaries or Affiliates; or (z) intentionally interfere with the relationship
of the Company or any of its subsidiaries or Affiliates with any employees, independent contractors, consultants or advisors.

 

(c) Employee acknowledges
that he has carefully read this Agreement and has given careful consideration to the restraints imposed upon Employee by this Agreement,
and is in full accord as to the necessity of such restraints for the reasonable and proper protection of the confidential information,
business strategies, intellectual property, employee and customer relationships and goodwill of the Company and its subsidiaries
and Affiliates now existing or to be developed in the future. Employee expressly acknowledges and agrees that each and every restraint
imposed by this Agreement is reasonable with respect to subject matter and time period. Employee expressly acknowledges and agrees
that the restraints imposed by this Agreement will not prevent him from earning a livelihood. Employee agrees to comply with each
of the covenants contained in this Section 4 in accordance with their terms.

 

(d) All agreements, covenants
and provisions of this Section 4 constitute a series of separate covenants. If any provision hereof is determined to be unenforceable,
the same shall be

  

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deemed
deleted, but only with respect to the operation of this Section 4 in the particular jurisdiction in which such determination is
made. The foregoing notwithstanding, if any provision hereof is determined to be unenforceable because of its scope in terms of
territory or duration in time of business activities, but may be enforceable by reason of limitations thereon, such limitations
may be imposed so that such provision, as limited, will be enforceable to the fullest extent permissible under the law applied
consistent with public policy in the applicable jurisdiction. Employee hereby understands and agrees that any violation of this
Section 4 may not be susceptible to an award for damages and, accordingly, that relief for any such violation by Employee may
be the subject of an injunction issued by a court of competent jurisdiction. If any such action is brought by the Company to enforce,
or seek damages for the violation of, the provisions of this Section 4, the unsuccessful party in such litigation shall
pay to the successful party all costs and expenses, including reasonable attorneys’ fees, incurred therein by such successful
party and such costs, expenses and attorneys’ fees shall be included in and as a part of such judgment or award; and the
determination by the judge in such action shall be conclusive on the matter of which party is successful for purposes hereof.

 

(e)        Employee
will not be deemed to have breached her obligations under this Section if Employee owns, directly or indirectly, solely as an
investment, securities of any Person if he (i) is not a controlling person of, or a member of a group which controls, such Person
or (ii) does not, directly or indirectly, own more than ten percent (5%) of any class of securities of such Person.

 

SECTION 5. Confidentiality.
Employee (a) recognizes that the business and financial records, customer and client lists, proprietary knowledge or data, intellectual
property, trade secrets and confidential methods of operations of the Company, its subsidiaries and its Affiliates and their respective
successors, assigns and nominees, as they may exist from time to time and which relate to the then conducted or planned business
of the Company, its subsidiaries and its Affiliates or of entities with which the Company was or is expected to be affiliated during
such periods, are valuable, special and unique assets of the Company, access to and knowledge of which are essential to Employee’s
performance with the Company; and (b) shall not, during or after the Term, disclose any of such records, lists, knowledge, data,
property, secrets, methods or information to any Person for any reason or purpose whatsoever (except for disclosures (x) compelled
by law; provided that Employee promptly notifies the Board of any request for such information before disclosing the same,
if practical, and (y) made as necessary in connection with the performance of her duties with the Company) or make use of any such
property for her own purposes or for the benefit of any Person except the Company. Employee acknowledges that a breach of this
Section 5 may cause irreparable injury to the Company for which monetary damages are inadequate, difficult to compute, or
both. Accordingly, Employee agrees that the provisions of this Section 5 may be enforced by specific performance or other
injunctive relief.

 

SECTION 6. Inventions.
Any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, intellectual property,
works of authorship (including, but not limited to, computer programs), trade secrets and improvements (whether or not patentable
and whether or not they are made, conceived or reduced to practice during working hours or using the Company’s or any of
its subsidiaries’ or Affiliates’ data or facilities) and all portions thereof (collectively, the “Inventions”)
which Employee makes, conceives, reduces to practice, or otherwise acquires during her employment with the Company (either

 

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solely
or jointly with others), and which are related to the then present or planned business, services or products of the Company or
any of its subsidiaries or Affiliates, shall be the sole property of the Company and shall at all times and for all purposes be
regarded as acquired and held by Employee in a fiduciary capacity for the sole benefit of the Company. All Inventions that consist
of works of authorship capable of protection under copyright laws shall be prepared by Employee as works made for hire, with the
understanding that the Company shall own all of the exclusive rights to such works of authorship under the United States copyright
law and all international copyright conventions and foreign laws. Employee hereby assigns to the Company, without further compensation,
all such Inventions and any and all patents, copyrights, trademarks, trade names or applications therefore, in the United States
and elsewhere, relating thereto. Employee shall promptly disclose to the Company all such Inventions and shall assist the Company
in obtaining and enforcing for its own benefit patent, copyright and trademark registrations on such Inventions in all countries.
Upon request, Employee shall execute all applications, assignments, instruments and papers and perform all acts, such as the giving
of testimony in interference proceedings and infringement suits or other litigation, necessary or desired by the Company to enable
the Company, its subsidiaries and Affiliates and their respective successors, assigns and nominees to secure and enjoy the full
benefits and advantages of such Inventions.

 

SECTION
7. Termination or Resignation.

 

(a) Employee’s employment
with the Company (including, without limitation, Employee’s rights under this Agreement) may only be terminated by the Company
during the term for Cause (as defined in Annex I), without Cause or as set forth under Section 7(d) below.

 

(b) In the event the Employee
is terminated without Cause, the Employee shall be entitled to receive (i) any amounts earned, accrued or owing but not yet through
the date of such termination; and (ii) a lump sum severance payment in an aggregate amount equal to six months of the Employee’s
then-current Base Salary.

 

(c) If (i) Employee resigns
at any time for any reason or is terminated by the Company for Cause or (ii) the Parties have failed to extend the Term of this
Agreement, the Company shall have liability and obligation under this Agreement for all amounts due and payable to the Employee
through the date of such termination or resignation.

 

(d) The Company may terminate
the Agreement if the Employee is unable to substantially perform her duties and responsibilities hereunder to the full extent required
by the Company by reason of illness, injury or incapacity for more than six (6) months in the aggregate during any period of twelve
(12) calendar months. In the event of such termination, the Company shall pay the Employee all amounts due and payable to Employee
through the date of such termination. The Employee agrees, in the event of a dispute under this Section 7(d), to submit to a physical
examination by a licensed physician selected by the Company and reasonably acceptable to the Employee. The Company agrees that
the Employee shall have the right to have her personal physician present at any examination conducted by the physician selected
by the Company.

 

 

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(e) The Term shall terminate
in the event of the Employee’s death. In such event, the Company shall pay to the Employee’s executors, legal representatives
or administrators, as applicable, all amounts due and payable to the Employee through the date of such termination. The Company
shall have no further liability or obligation under this Agreement to her executors, legal representatives, administrators, heirs
or assigns or any other person claiming under or through him except as otherwise specifically provided in this Agreement.

 

SECTION 8. Conflicts
of Interest. Employee hereby represents that he is free to enter into this Agreement, and that her employment by the Company
does not violate the terms of any agreement between him and any third party. Further, in rendering her duties to the Company, Employee
shall not utilize any Invention, discovery, development, improvement, innovation or trade secret in which he or the Company does
not have a proprietary interest.

 

SECTION 9. Return of
Documents and Equipment. Upon termination of Employee’s employment with the Company for any reason, Employee shall forthwith
deliver to the Company and return, and shall not retain, any originals and copies of any books, intellectual property, papers,
customer or client contracts, documents and data or other writings, tapes or records of the Company, regardless of form, format
or media, maintained by Employee or in Employee’s possession (all of the same are hereby agreed to be the property of the
Company).

 

SECTION 10. Miscellaneous.

 

(a) Severability.
If any provision of this Agreement is inoperative or unenforceable for any reason, such circumstances shall not have the effect
of (i) rendering the provision in question inoperative or unenforceable in any other case or circumstance, or (ii) rendering any
other provision or provisions in this Agreement invalid, inoperative, or unenforceable to any extent whatsoever. The invalidity
of any one or more phrases, sentences, clauses, sections or subsections of this Agreement shall not affect the remaining portions
of this Agreement.

 

(b) Notices. Any
notices and other communications made or required in connection with this Agreement shall be in writing and shall be deemed effectively
given: (i) upon personal delivery to the Party to be notified, (ii) when sent by confirmed facsimile, if sent during normal business
hours of the recipient, and if not, then on the next business day, (iii) five (5) days after having been sent by registered or
certified mail, return receipt requested, postage prepaid, or (iv) one (1) day after deposit with a nationally recognized overnight
courier, specifying next day delivery, with written notification of receipt. All notices shall be addressed as follows or at such
address as such Party may designate by ten (10) days advance written notice to the other Parties hereto:

 

		(A)	if to Employee: 

 

Melissa Heim

[Street Address]

[City, State, Zip]

  

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		(B)	if to the Company:

 

c/o Eastside Distilling, Inc.

1805 SE Martin Luther King Jr. Blvd

Portland, Oregon 97214

 

(c) Entire Agreement.
This Agreement constitutes the entire agreement between the parties with respect to the subject matter addressed herein and supersedes
all prior agreements and understandings, both written and oral, between the parties with respect to Employee’s employment
with the Company.

 

(d) Counterparts. This Agreement
may be executed in counterparts, each of which shall be deemed an original and all of which shall together constitute one and the
same instrument.

 

(e) Governing Law.
This Agreement shall be governed in all respects, including as to validity, interpretation and effect, by the internal laws of
the State of Oregon without giving effect to the conflict of laws rules thereof.

 

(f) Arbitration.
Any controversy or claim arising out of or relating to this Agreement or the breach thereof shall be settled by arbitration administered
by the American Arbitration Association in the State of Oregon in accordance with the Commercial Arbitration Rules and judgment
o the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof..

 

(g) Benefit and Assignability.
The rights, benefits, duties and obligations under this Agreement shall inure to the benefit of, and be binding upon, (x) the
Company and its successors, and (y) Employee and her legal representatives. This Agreement constitutes a personal service agreement,
and the performance of Employee’s obligations under this Agreement may not be transferred or assigned by Employee. This
Agreement may be assigned by the Company in its sole discretion. The provisions of Sections 4, 5, 8, 9, 1O(a), 1O(f), 1O(g), 1
O(i) and 1OG) shall continue in full force and effect notwithstanding the termination of Employee’s employment with the
Company.

 

(h) Amendments; Waiver.
No amendment, modification or discharge of this Agreement, and no waiver under this Agreement, shall be valid or binding unless
set forth in writing and duly executed by the Party against whom enforcement of the amendment, modification, discharge or waiver
is sought. The waiver by either Party of a breach of any provision of this Agreement by the other Party shall not operate or be
construed as a waiver of any subsequent breach by such other Party.

 

(i) Specific Performance.
The Parties acknowledge that their obligations under this Agreement are unique and that damages may be an inadequate remedy for
any failure to perform such obligations as a result of any breach of this Agreement by any Party and, therefore, any Party to whom
performance is owed under any provision of this Agreement shall be entitled to an injunction to be issued, or specific enforcement
be ordered, by any court of competent jurisdiction to require any other Party to perform its obligations under this Agreement and

 

    7

     

    

 

prevent
any other Party from breaching, or continuing to breach, any provision of this Agreement. In the event that any dispute regarding
this Agreement is resolved by a court, the prevailing Party shall be entitled to recover from the non-prevailing Party the fees,
costs and expenses (including, but not limited to, the reasonable fees and expenses of counsel) incurred by the prevailing Party
in connection with such dispute.

 

g)
Limitation of Liability. Notwithstanding anything contained herein to the contrary, no officer, director or member of the
Company shall have any personal liability to fund any payments that are required to be made to Employee pursuant to this Agreement.

 

(k)
Section Headings. The headings herein are inserted as a matter of convenience only and do not define, limit or describe
the scope of this Agreement or the intent of the provisions hereof.

 

 

[Remainder of page intentionally left blank]

  

    8

     

    

 

IN
WITNESS WHEREOF, the Company
and Employee have executed
this Agreement as
of the day and year
first above written.

 

 

EMPLOYEE:

 

/s/ Melissa Heim                           

Melissa Heim

 

COMPANY:

 

EASTSIDE DISTILLING,
INC.

 

 

By:/s/ Steven Earles                     

Steven Earles

CEO

 

 

 

 

    

[Signature
Page to Employment
Agreement)

     

    

 

 

ANNEX I DEFINITIONS

 

For
all purposes of this Agreement, unless the context clearly indicates a contrary intent: “Affiliate” means any
Person that directly, or indirectly, through one or more intermediaries, controls or is controlled by or is under common control
with the Person specified. For purposes of this definition, control of a Person means power, direct or indirect, to direct or
cause the direction of the management and policies of such Person, whether through the ownership of voting securities, by contract
or otherwise.

 

“Cause”
means any of the following: (i) any willful or grossly negligent and continued failure by Employee to perform her duties under
this Agreement in any material respect that is not promptly (but in no event later than ten (I 0) business days after written notice
thereof is received by Employee or such longer period of time not to exceed thirty (30) days if the nature of such failure makes
it impractical to cure within ten (I0) business days) cured by resuming the performance of such duties; provided, however,
that for the purposes of determining whether conduct constitutes willful or grossly negligent conduct, no act on Employee’s
part shall be considered “willful” unless it is done by the Employee in bad faith or without reasonable belief that
such action was in the best interests of the Company; (ii) Employee embezzles or converts to her own use any funds of the Company
or any business opportunity of the Company; (iii) Employee destroys or converts to her own use any property of the Company, without
the Company’s consent; (iv) Employee is convicted of or enters a guilty plea or plea of no contest with respect to a felony;
(v) Employee commits an act of moral turpitude which could reasonably be expected to injure or pose a threat of injury or material
economic harm to the Company or any of its Affiliates; or (vi) Employee is habitually intoxicated or is addicted to a controlled
substance and such controlled substance is illegal or materially interferes with the performance of her duties; provided however.
that Employee shall be permitted to seek medical treatment for a reasonable period of time prior to any termination pursuant to
this clause (vi).

 

“Parties” means Employee and the
Company.

 

“Person”
means any natural person, firm, partnership, association, corporation, company, trust, business trust, governmental authority or
other entity.

 

“Territory” means the World

 

Capitalized terms in this
Agreement, defined in this Annex I and elsewhere parenthetically, have the meanings ascribed to them and include the plural as
well as the singular.

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