Document:

Exhibit 10.3

 

EMPLOYMENT AGREEMENT

 

THIS EMPLOYMENT AGREEMENT (the “Agreement”)
made as of May 22, 2013 between Lansal, Inc. d/b/a Hot Mama’s Foods, a Massachusetts corporation (the “Company”)
with a principal place of business located at 134 Avocado Street, Springfield, Massachusetts, and Joseph D. Ward (hereinafter
“Ward”), an individual residing at 105 South Academy Drive, Ephrata, Pennsylvania.

 

WHEREAS, the
Company is engaged in the business of food manufacturing and distribution under the trade name Hot Mama’s Foods;

 

WHEREAS, the
Company is desirous of employing Ward as its President and Chief Operating Officer; and

 

WHEREAS, Ward
desires to become an employee of the Company subject to terms as set forth herein.

 

NOW, THEREFORE,
in consideration of the promises, the mutual covenants and agreements hereinafter set forth and other good and valuable consideration,
the receipt, adequacy and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

 

		1.	Employment.

 

(a) Office and Duties.
Ward shall have the title of President and Chief Operating Officer of the Company. In such capacities, Ward will perform duties
of substantially the same character as those ordinarily performed by Executives in similar positions and consistent with those
he performed prior to the date of execution of this agreement. Ward agrees he will travel to the extent reasonably necessary to
perform the tasks assigned to him pursuant to this Agreement.

 

(b) Time and Efforts.   Ward shall diligently and conscientiously devote his full time and attention and best efforts in discharging his duties as President
and Chief Operating Officer of the Company. Ward hereby confirms that he is under no contractual commitments inconsistent with
this Agreement, and that during the term of this Agreement, he will not render services directly or indirectly for any other company,
firm, entity or people which are inconsistent with this Agreement. Ward agrees that in the rendering of all services to the Company
and in all aspects of his employment hereunder, he will comply in all material respects with all directives, policies and standards
from time to time established by the Company, to the extent they are not in conflict with this Agreement.

 

		2.	Term. This Agreement shall be effective as of January
7, 2013 (the “Effective Date”).

 

Unless Ward’s
employment hereunder is terminated earlier pursuant to Section 7, the Initial Term of this Agreement shall be for five (5)
years from the Effective Date [and shall automatically renew for additional consecutive Renewal Terms of five (5) years each unless
either party provides notice of termination to the other party at least six (6) months prior to the end of the then-current term.

 

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		3.	Compensation.

 

		a.	Base Salary. The Company agrees to pay Ward during the Term a base salary at the initial
annualized rate of $200,000, subject to all authorized deductions and all withholdings required by federal and state law (the “Base
Salary”). The Base Salary will be payable in equal weekly installments via direct deposit to Ward’s bank account or
at such times as may be determined by the Company or as may be required by law. Such base salary may, from time to time, be increased
over and above what is listed in 3b herein based on the performance of Ward, at the sole discretion of the Board of Directors.

 

		b.	Annual Base Salary Increase. Commencing January 1, 2014 and annually thereafter, the Base
Salary of Ward shall increase by seven (7%) percent as set forth below.

 

	Base Year	 	Salary	 
	 	 	 	 
	2014	 	$	214,000.00	 
	 	 	 	 	 
	2015	 	$	228,980.00	 
	 	 	 	 	 
	2016	 	$	245,009.00	 
	 	 	 	 	 
	2017	 	$	262,160.00	 

 

		c.	Quarterly Bonus. During the Term of this Agreement, Ward shall be entitled to a quarterly
bonus based upon the financial performance of the Company commencing the second quarter of the calendar year 2013. The quarterly
bonus payments in the financial performance requirements are set forth below.

 

	Financial Performance	 	Quarterly Bonus Amount
	 	 	 
	9% EBITDA &	 	25% of quarterly salary paid
	5% increase in gross sales	 	 
	(Provided pretax profit is no 	 	 
	less than 7%)	 	 
	 	 	 
	10% EBITDA &	 	50% of quarterly salary paid 
	5% increase in gross sales	 	 
	(Provided pretax profit is no 	 	 
	less than 8%)	 	 
	 	 	 
	12% EBITDA &	 	100% of quarterly salary paid
	25% increase in gross sales	 	 

 

Earned quarterly bonus payments
shall be paid as inclusion within the first week of the pay cycle following the close and release of the Company’s financial
results for each quarter and all authorized deductions and all withholdings required by federal and state law should be accounted
for accordingly.

 

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		d.	Equity. The Company and Ward hereby acknowledge that the Company is currently involved in
an active Merger Agreement with Andover Medical, Inc. which will result in the Company becoming a wholly owned subsidiary in a
publicly traded entity. Upon execution of this Agreement, Ward shall be awarded one (1%) percent of authorized common stock of
the Company. Commencing January 1, 2014 and annually thereafter, Ward shall be granted stock options equal to one (1%) percent
of the authorized common stock of the Company. The grant and exercise of the aforementioned stock options shall remain contingent
upon the Company reaching an eight (8%) EBITDA annually. All shares issued to Ward pursuant to the aforementioned stock option
shall be subject to a vesting restriction of one (1) year and his ownership interest pursuant to the stock options shall be capped
at five (5%) percent under the Term of this agreement.

 

		e.	Vehicle Allowance. Ward shall receive a monthly vehicle allowance in the net amount of $1,250.00
for and during the term of this Agreement. This amount will be adjusted annually on the 2nd business day of January
of each year this Agreement and all renewals of the same is in effect, if needed, to allow for fluctuations in the cost and amount
of travel. Payment of this allowance shall be included in the first salary pay check of each month. The purpose of this allowance
is to provide Ward with the funds necessary to pay for the purchase or leasing of a vehicle to be used for business purposes, to
pay for the cost and expense of maintenance and repairs, fuel, tolls, titling and insurance, wear and tear and depreciation.

 

		4.	Expenses.

 

		(a)	Reimbursable Expenses. The Company shall reimburse Ward’s reasonable travel expenses
incurred in performing services pursuant to this Agreement, including meals, lodging, airfare, rental car, bus, train, taxi cab,
tolls, fuel and parking. Cell phone expenses incurred in performing services pursuant to this Agreement will be reimbursed as well,
provided that the Company gives prior approval of the cell phone plan. The Company may, at its option, agree to reimburse Ward
for additional reasonable business expenses upon prior approval by the Company, but is not obligated to do so. Reimbursement will
be made only upon presentation by Ward to the Company of itemized receipts for expenses included with the weekly report described
in Section 4(b).

 

(b)         
Weekly Reporting. For all weeks during which Ward incurs reimbursable expenses pursuant to this Agreement, he shall provide
Matthew Morse, Chief Executive Officer of the Company on a weekly basis a written report of all such reimbursable expenses incurred
(including receipts). Ward’s reimbursement is payable within seven (7) days after the end of every month following the Company’s
receipt of Ward’s weekly report.

 

		5.	Vacation and Sick Time During Employment. Ward shall be entitled to “paid time off”
days pursuant to written policies duly adopted and implemented by the Company including the following:

 

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	2013	 	three (3) weeks with no more than one (1) week, five (5) business days, taken consecutively
	 	 	 
	2014 & 2015	 	three (3) weeks with no more than two (2) weeks, ten (10) business days, taken consecutively
	 	 	 
	2016 – 2017	 	four (4) weeks with no more than two (2) weeks, ten (10) business days, taken consecutively

 

6.          Benefits.
Nothing herein contained shall preclude Ward, to the extent he is otherwise eligible, from participation in all group insurance,
pension, medical expense reimbursement or other fringe benefit plans or programs which the Company may hereafter in its sole and
absolute discretion make available to its employees, but the Company shall not be required to establish, maintain or continue any
such program or plan. As of the date hereof, and by way of example only, the Company offers Medical and Dental Insurance, Life
Insurance and Long-Term Disability Insurance to its employees, including Ward. Ward will also have the option, at additional cost
to him, to include his spouse and dependent children if any, under the Medical and Dental coverages, and may also elect, at additional
expense, to participate in the Short Term Disability Insurance plan of the Company. This is not meant to be an exhaustive description
of these plans and benefits, which Ward may obtain from the Company human resources administrator for these plans. Further, the
plans and the coverage thereunder is subject to change each benefit year. If any of the plans or benefits described above are terminated
or reduced by the Company as a whole to all of its Ward, such termination or reduction shall not be considered a breach under this
Agreement.

 

7.          Termination
of Employment. Notwithstanding any other provision of this Agreement, Ward’s employment may be terminated:

 

(a)          For
Cause: At any time by the Company in the event of (i) Ward’s failure, refusal or inability satisfactorily to perform
the services reasonably required immediately of him hereby, or to carry out any reasonable and proper direction by the rendering
such services, (ii) Ward’s material breach of any term of this Agreement or willful misconduct in the performance of his
duties hereunder, which shall remain uncured thirty (30) days after notice to Ward by the Company of such breach, (iii) Ward’s
conviction of a felony or a crime involving moral turpitude; or (iv) the commission of Ward of any act of fraud or intentional
misrepresentation. A termination “For Cause” as contemplated in Section (a) (i) herein shall require written notice
by the Company to Ward with the ability of Ward to cure same within thirty (30) days thereafter.

 

(b)          By
Disability: By the Company upon ten (10) days’ notice to Ward if he should be prevented by illness, accident or other
disability (mental or physical) from discharging duties hereunder for one or more periods totaling six (6) months during any consecutive
twelve (12) month period.

 

(c)          Without
Cause: By the Company at any time without cause, upon two (2) weeks written notice.

 

(d)          By
Ward: By Ward at any time and for any reason, including no reason at all, upon four weeks written notice to the Company. If
Ward provides the Company with advance notice of his intent to terminate, the Company shall have the option, at its sole discretion,
to make Ward’s termination effective at any time prior to the end of such notice period, and will pay Ward his regular compensation
through the end of the four week notice period regardless of the number of days actually worked. Ward expressly acknowledges and
agrees that his termination in such case shall be deemed a termination by Ward of his own accord, rather than a termination by
the Company.

 

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(e)          Severance
Benefits. If Ward is terminated by the Company without cause he is entitled to receive his regular monthly salary and continued
health care benefits for he and his enrolled dependents, less applicable holdings under the following structure:

 

	Agreement signing through January 6, 2014	 	3 months
	 	 	 
	January 7, 2014 – January 6, 2015	 	6 months
	 	 	 
	January 7, 2015 – January 6, 2016	 	7 months
	 	 	 
	January 7, 2016 – January 6, 2017	 	8 months
	 	 	 
	January 7, 2017 – January 6, 2018	 	9 months
	 	 	 
	January 7, 2018 – January 6, 2019 (upon renewal of agreement)	 	10 months
	 	 	 
	January 7, 2019 – January 6, 2020	 	11 months
	 	 	 
	January 7, 2020 – termination for any reason other than cause	 	12 months

 

Severance benefit will
commence provided that Ward agrees to release the Company from any and all claims arising from or related to Ward’s employment
relationship with the Company, or such termination, and executes and does not revoke a release agreement as requested by the Company
at the time of such termination. Such payments shall be made to Ward ratably according to the Company’s standard payroll
schedule. Any stock options not yet vested for a particular calendar year will immediately vest in pro-rated fashion for the year
of termination. Health Care Benefits shall continue for a period of up to six (6) months or when Ward secures coverage with another
provider – whichever comes first. Ward shall not be entitled to any severance benefits in the event of termination for cause,
termination by disability, or termination by Ward.

 

8.          Company
Policies. Ward shall abide by the Company’s policies as set forth in this Section 8, and shall sign and abide
by any of the Company’s other standard policies or procedures (including but not limited to its harassment policy) as the
Company deems appropriate, to the extent such policies are consistent with the terms and conditions of continued employment under
this Agreement.

 

(a)          Proprietary
Information.

 

i.            Definition
of Proprietary Information. Ward acknowledges that, in connection with his services for the Company, Ward has, and shall continue
to acquire, certain information, the preservation and protection of which the Company considers vital to successful operation of
the Company’s business (“Proprietary Information”). Proprietary Information includes, but is not limited to:
all business, marketing or product plans; methods of doing business; financial data; customer, advertiser or supplier lists or
data; customer training methods, information and materials (including without limitation presentations, training materials, white
papers, and training templates); technical or production know-how; patents, trademarks, developments, inventions, and licenses;
information with respect to the needs of the customers served by the Company; trade secrets, processes or procedures; copyrighted
materials (whether by operation of law or through formal filing or registration); and all other types of information possessed
by Ward relative to the activities of the Company which is of a secret or confidential nature. Ward agrees to the terms in this
Section 8 as a condition of his employment with the Company, whether or not he is expected to create products of value for
the Company.

 

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ii.         Covenants
Not to Disclose. All Proprietary Information shall be and remain the exclusive property of the Company and is for the exclusive
use and benefit of the Company. Ward hereby agrees to regard and preserve Proprietary Information as sensitive and confidential,
both during the Term and the Restricted Time (as defined in Section 8(c) below). Ward agrees that he will not, at any time,
disclose to any unauthorized persons or entities or use for its own account, or for the benefit of any third party, any Proprietary
Information, whether Ward has such information in his memory or embodied in writing or other physical form, without the Company’s
prior written consent, unless and to the extent that the Proprietary Information is or becomes generally known to and available
for use by the public other than as a result of Ward’s fault or the fault of any other person or entity bound by a duty of
confidentiality to the Company. Ward shall, immediately following the effective date of termination of his employment by the Company,
and at any other time the Company may request, return to the Company all Proprietary Information then in Ward’s possession
or under its control, without retaining any copies or notes thereof.

 

(b)          Work
Product Ownership.

 

(i)    Work
Product the Property of the Company. As set forth in this section, any and all works, ideas, discoveries, inventions, patents,
products, designs, business methods or other information (collectively, the “Work Product”) which Ward may conceive
or make during the Term, developed in whole or part in connection with Ward’s services to the Company, shall be the sole
and exclusive property of the Company. Ward acknowledges and agrees that any copyrightable works he prepares within the scope of
his employment are “works for hire” under the Copyright Act and that the Company will be considered the author and
owner of such works. Ward also acknowledges and agrees that all works that are (i) developed using the equipment, supplies, facilities
and/or trade secrets of the Company, (ii) result from work performed by Ward for the Company, or (iii) relate to the Company’s
business or current or anticipated research and development, will be the sole and exclusive property of the Company and are hereby
irrevocably assigned by Ward to the Company from the moment of their creation and fixation in tangible media. Ward also hereby
irrevocably transfers and assigns to the Company all worldwide patents, patent applications, copyrights, trademarks, trade secrets
and other intellectual property rights in any Work Product made, conceived, first reduced to practice, or created, either alone
or with others, during the Term. Ward hereby irrevocably transfers and assigns to the Company any and all “Moral Rights”
(as defined herein) that Ward may have in or with respect to any Work Product, and forever waives and agrees never to assert such
Moral Rights, even after the termination of Ward’s work on behalf of the Company. “Moral Rights” are any rights
to claim authorship of any Work Product, or to object to the use or modification of any Work Product, or to withdraw from circulation
or control the publication or distribution of any Work Product, and any similar right, existing under judicial or statutory law
of any country in the world, or under any treaty, regardless of whether or not such right is denominated or generally referred
to as a “moral right.”

 

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(ii)     Disclosure
and Cooperation by Ward. Ward shall promptly disclose in confidence to the Company all Work Product that Ward makes, conceives,
first reduces to practice or creates, either alone or jointly with others, during the Term, whether or not in the course of Ward’s
employment, and whether or not such Work Product is patentable, copyrightable, or protectable as trade secrets. Ward will, upon
request by the Company, execute and assign any and all applications, assignments, and other instruments which the Company shall
deem necessary in order to apply for and obtain Copyrights or Letters Patent of the United States or foreign countries for any
Work Product and in order to document the assignment and conveyance to the Company of the sole and exclusive right, title and interest
in and to any Work Product, applications, copyrights and patents. Ward’s obligation to execute such papers and to cooperate
with the Company shall continue beyond the Term with respect to any and all Work Product conceived or made by Ward during the Term.
The Company shall not be required to pay royalties to Ward for the Work Product of Ward because Ward shall be receiving adequate
compensation for his services in accordance with the terms and conditions of this Agreement.

 

(c)          Non-Competition.
Ward agrees that both during the term of this Agreement and for a period of one (1) year following the effective date of termination
of Ward’s employment by the Company (the “Restricted Time”) Ward will not in any way directly or indirectly,
either for himself or any other person or entity, manage, operate, assist, advise, or invest or in any other way further any enterprise
that competes or shall compete with the present or prospective businesses, operations, services, or products of the Company, as
the same may exist from time to time during the Term (except Ward may purchase up to 4.99% of the equity security of a NYSE or
NASDAQ listed company). This restriction is intended to apply solely to other companies that directly compete against the Company
for business. The geographical area regarding this covenant shall be the states in which any customer of the Company has operations
during the Term and/or the Restricted Time. In the event of a breach of the covenants in this Section 8(c), the term of
such covenant will be extended by the period of the duration of such breach. Notwithstanding the foregoing, the restrictive covenant
not to compete as set forth above shall be considered waived by the Company in the event Ward’s employment is terminated
by the Company.

 

(d)          Restrictive
Covenants Regarding Ward. Ward agrees that both during the Term and during the “Restricted Time”, Ward will not
directly or indirectly induce or attempt to induce any employee or independent contractors of the Company to leave the employment
of the Company or terminate the independent contractor relationship; provided, however, that the foregoing shall not prevent Ward
from soliciting or actively seeking to hire any such employee who is not employed by the Company on the date Ward first solicits
such employee.

 

(e)          Non-Solicitation
of Company Customers. Ward agrees that, during the Term and the Restricted Time, Ward will not take any action that might divert
or impede the Company from any opportunity that would be in the scope of the Company’s business, and will not directly or
indirectly solicit any of the Company’s then-current customers or discuss or pursue business or professional opportunities
with such customers within the scope of the goods or services provided by the Company.

 

(f)          Judicial
Revisions. If a court of competent jurisdiction should refuse to enforce any of the covenants contained herein because the
geographic area is too extensive, then it is intended to reduce the geographic area to a size which would permit the covenant in
question to be enforced in such proceeding. If a court of competent jurisdiction should refuse to enforce any of the covenants
contained herein because it covers too long a time period, then it is intended to shorten the time period of any such covenant
but only to the extent absolutely necessary to enforce such covenant in such proceeding.

 

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(g)          Remedies.
The Parties hereto agree that the remedy at law for breach of the covenants contained in this Section 8 will be inadequate
and that the Company, in addition to any other relief available to it, shall be entitled to temporary and permanent injunctive
relief without the necessity of proving actual damage and to enforce its rights by an action for specific performance to the extent
permitted by law. Ward also acknowledges and agrees that his right to receive severance benefits under Section 7(e) shall
be conditioned upon his compliance with the terms of this Section 8, and that upon any breach of this Section all severance
payments pursuant to this Agreement shall immediately cease. In the event that the provisions of this Section 8 should ever
be deemed to exceed the limitations provided by applicable law or shall otherwise be held unenforceable to the fullest extent provided
herein, then the Parties hereto agree that such provisions shall be reformed to set forth the maximum limitations permitted. The
obligations set forth in this Section 8 are in addition to, and not in limitation of, any other remedy afforded to the Company
under this Agreement, at law, or in equity.

 

9.          General
Provisions.

 

(a)          
As a continued condition of employment, Ward agrees that the provisions of Section 8 apply to all periods of Ward’s
employment by the Company, including periods prior to the Effective Date.

 

(b)          Ward
represents and warrants to the Company that he neither is nor expects to be under any obligations to any person, firm or corporation,
including without limitation obligations under confidentiality or non-competition agreements with current or previous employers
of Ward, and has no other interest which is inconsistent or in conflict with this Agreement, or which would in any way prevent,
limit or impair the performance by him of any of the covenants or his duties in his said employment.

 

(c)          Ward
represents that he will not bring with him to the Company or use in the performance of his duties for the Company any material,
products, information or processes, whether tangible or intangible, written or otherwise, that belongs to, is claimed by, or is
protected by any former employer of Ward, any third party, or Ward himself, except to the extent (i) it is generally available
to the public, or (ii) it has been legally transferred or assigned to the Company. Ward shall obtain prior written authorization
from the Company prior to bringing to the Company or using in his employment any such material, products, information or processes.

 

(d)          Ward
acknowledges that the covenants contained in this Agreement are fully understood by him and will not preclude him from becoming
gainfully employed in any manner that does not conflict with this Agreement. Ward agrees he has read, understood and had an opportunity
to consult with counsel regarding this Agreement and that he executes same as his free and voluntary act.

 

10.         Records
and Property. All records created or maintained by Ward during the course of its employment by the Company shall be and remain
the property of the Company, and, upon termination of this Agreement for any reason, (a) all such Company property in any form
whatsoever, and any copies of such property, shall be returned immediately to the Company, and (b) to the extent Company property
is installed, stored, maintained, or resides in or on personal property belonging to Ward, Ward agrees to assist the Company in
locating, deleting, and/or otherwise removing completely therefrom all Company property.

 

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11.         Expense.
Each party shall pay its own expenses incident to the performance or enforcement of this Agreement, including all fees and expenses
of its counsel for all activities of such counsel undertaken pursuant to this Agreement, except as otherwise herein specifically
provided. Notwithstanding the foregoing, the Company shall reimburse Ward for reasonable legal fees associated with the review
and negotiation of this Agreement by and between the parties.

 

12.         Miscellaneous.

 

(a)          Entire
Agreement. This Agreement constitutes the entire Agreement between the Company and Ward regarding Ward’s employment by
the Company, replacing all other written and/or previous agreements except those attached hereto or herein incorporated by reference.

 

(b)          Severability.
Nothing contained in this Agreement shall be construed to require the commission of any act contrary to law, and wherever there
is any conflict between any provision of this Agreement and any statute, law, ordinance, order or regulation, the latter shall
prevail. If any provision of this Agreement shall be declared to be invalid in whole or part by a court of competent jurisdiction,
it shall not affect the remaining provisions, which shall remain in full force and effect.

 

(c)          Section
Headings. Section headings are inserted for convenience only and shall not be used in any way to construe the terms of this
Agreement.

 

(d)          Governing
Law. This Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Massachusetts. Any
action to enforce, arising out of, or relating in any way to, any of the provisions of this Agreement may be brought and prosecuted
in such court or courts located in The Commonwealth of Massachusetts as is provided by law; and the parties consent to the jurisdiction
of said court or courts located in The Commonwealth of Massachusetts and to service of process by registered mail, return receipt
requested, or by any other manner provided by law.

 

(e)          Notice.
All notices, requests, demands and other communications required or permitted to be given hereunder shall be in writing and shall
be deemed to have been duly given when personally delivered, sent by registered or certified mail, return receipt requested, postage
prepaid, or by private overnight mail service (e.g., Federal Express) to the party at the address set forth in the first paragraph
of this Agreement, or to such other address as either party may hereafter give notice of in accordance with the provisions hereof.
Notices shall be deemed given on the sooner of the dates actually received or the third business day after sending.

 

(f)          Waiver.
The waiver of any breach or violation of any provision or condition hereof shall not affect the validity or enforceability of any
other provision or condition, nor shall it be deemed a waiver of any subsequent breach or violation of the same provision or condition.
No waiver of any right or remedy under this Agreement shall be effective unless made in writing and executed by the Party so to
be charged. The rights and remedies of the Parties to this Agreement are cumulative and not alternative.

 

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(g)          Amendment.
This Agreement shall not be modified or amended except in a writing signed by a duly authorized representative of both Parties.

 

(h)          Successors
and Assignment. This Agreement shall be binding upon and shall inure to the benefit of the Parties, their respective successors
and assigns, provided that neither Party may assign any of its rights or delegate or subcontract any of its duties hereunder without
the prior written consent of the other Party; provided further, that the Company may assign its rights and duties hereunder to
a party acquiring a controlling interest in the Company without obtaining Ward’s consent, and the Company may assign this
Agreement to any parent or affiliate.

 

(i)          Gender.
Whenever used herein, the singular number shall indicate the plural, the plural shall include the singular, and the use of any
gender shall include all genders.

 

(j)          Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same instrument, and in pleading or proving any provision of this Agreement, it shall not be necessary
to produce more than one of such counterparts.

 

(k)          Further
Assurances. Each of the parties hereto shall, at any time and from time to time hereafter, upon the reasonable request of the
other party, take such further actions and execute, acknowledge and deliver all such instruments of further assurance as necessary
to carry out the provisions of this Agreement.

 

(l)          Survival
of Obligations. Except for those provisions that by their terms expire at or before the end of the Term, the obligations and
covenants set forth in this Agreement survive the termination of Ward’s employment by the Company.

 

IN WITNESS WHEREOF,
the parties have executed or caused to be executed this Agreement as of the date first above written.

 

	/s/ 	 	/s/ Joseph D. Ward
	 	 	 	 
	Witness	 	JOSEPH D. WARD, President & COO
	 	 	 	 
	 	 	LANSAL INC. 
	 	 	 	 
	/s/ 	 	By:	/s/ Matthew Morse
	 	 	 	 
	Witness	 	Matthew Morse, Chief Executive Officer

 

    	10Exhibit 10.4

 

EMPLOYMENT AGREEMENT

 

THIS EMPLOYMENT AGREEMENT (the “Agreement”)
made as of May ___, 2013 between Lansal, Inc. d/b/a Hot Mama’s, a Delaware corporation (the “Company”)
with a principal place of business at of 134 Avocado Street, Springfield, Massachusetts, and Matthew Morse (hereinafter
“Morse”), an individual residing at 51 Hop Brook Road, Amherst, Massachusetts.

 

WHEREAS, the
Company is engaged in the business of food manufacturing and distribution under the trade name Hot Mama’s;

 

WHEREAS, the
Company is desirous of employing Morse as its Chairman and Chief Executive Officer; and

 

WHEREAS, Morse
desires to become an employee of the Company subject to terms as set forth herein.

 

NOW, THEREFORE,
in consideration of the promises, the mutual covenants and agreements hereinafter set forth and other good and valuable consideration,
the receipt, adequacy and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

 

		1.	Employment.

 

(a)   Office
and Duties.   Morse shall have the title of Chairman and Chief Executive Officer of the Company, and shall perform
duties of substantially the same character as those ordinarily performed by executives in similar positions. . Morse agrees he
will travel to the extent reasonably necessary to perform the tasks assigned to him pursuant to this Agreement.

 

(b)     Time
and Efforts.      Morse shall diligently and conscientiously devote his full time and attention and
best efforts in discharging his duties as Chairman and Chief Executive Officer of the Company. Morse hereby confirms that he is
under no contractual commitments inconsistent with this Agreement, and that during the term of this Agreement, he will not render
services directly or indirectly for any other company, firm, entity or person which are inconsistent with this Agreement. Morse
agrees that in the rendering of all services to the Company and in all aspects of his employment hereunder, he will comply in all
material respects with all directives, policies and standards from time to time established by the Company, to the extent they
are not in conflict with this Agreement.

 

2.          Term.
 This Agreement shall be effective as of May __, 2013 (the “Effective Date”).

 

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Unless Morse’s
employment hereunder is terminated earlier pursuant to Section 7, the Initial Term of this Agreement shall be for three
(3) years from the Effective Date [and shall automatically renew for additional consecutive Renewal Terms of one (1) year each
unless either party provides notice of termination to the other party at least six (6) months prior to the end of the then-current
term.

 

		3.	Compensation.

 

		a.	Base Salary. The Company agrees to pay Morse during the Term a base salary at the initial
annualized rate of $319,000, subject to all authorized deductions and all withholdings required by federal and state law
(the “Base Salary”). The Base Salary will be payable in equal weekly installments via direct deposit to Morse’s
bank account or at such times as may be determined by the Company or as may be required by law. Such base salary may be adjusted
from time to time based on the performance of Morse, at the sole discretion of the Board of Directors.

 

		4.	Expenses.

 

(a)          Reimbursable
Expenses. The Company shall reimburse Morse’s reasonable travel expenses incurred in performing services pursuant to
this Agreement, including meals, lodging, airfare, rental car, bus, train, taxi cab, tolls, fuel and parking. Cell phone expenses
incurred in performing services pursuant to this Agreement will be reimbursed as well, provided that the Company gives prior approval
of the cell phone plan. The Company may, at its option, agree to reimburse Morse for additional reasonable business expenses upon
prior approval by the Company, but is not obligated to do so. Reimbursement will be made only upon presentation by Morse to the
Company of itemized receipts for expenses included with the weekly report described in Section 4(b).

 

(b)          Weekly
Reporting. For all weeks during which Morse incurs reimbursable expenses pursuant to this Agreement, he shall provide to the
Company on a weekly basis a written report of all such reimbursable expenses incurred (including receipts). Morse’s reimbursement
is payable within seven (7) days after the end of every month following the Company’s receipt of Morse’s weekly report.

 

5.          Vacation
and Sick Time During Employment. Morse shall be entitled to “paid time off” days pursuant to written policies duly
adopted and implemented by the Company.

 

6.          Benefits.
Nothing herein contained shall preclude Morse, to the extent he is otherwise eligible, from participation in all group insurance,
pension, medical expense reimbursement or other fringe benefit plans or programs which the Company may hereafter in its sole and
absolute discretion make available to its Morse, but the Company shall not be required to establish, maintain or continue any such
program or plan. As of the date hereof, and by way of example only, the Company offers Medical and Dental Insurance, Life Insurance
and Long-Term Disability Insurance to its employees, including Morse. Morse will also have the option, at additional cost to him,
to include his spouse and dependent children if any, under the Medical and Dental coverages, and may also elect, at additional
expense, to participate in the Short Term Disability Insurance plan of the Company. This is not meant to be an exhaustive description
of these plans and benefits, which Morse may obtain from the Company human resources administrator for these plans. Further, the
plans and the coverage thereunder is subject to change each benefit year. If any of the plans or benefits described above are terminated
or reduced by the Company as a whole to all of its Morse, such termination or reduction shall not be considered a breach under
this Agreement.

 

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7.          Termination
of Employment. Notwithstanding any other provision of this Agreement, Morse’s employment may be terminated:

 

(a)          For
Cause: At any time by the Company in the event of (i) Morse’s conviction of a felony or a crime involving moral turpitude;
or (ii) the commission of Morse of any act of fraud or intentional misrepresentation. (b)       By
Disability: By the Company upon ten (10) days’ notice to Morse if he should be prevented by illness, accident or other
disability (mental or physical) from discharging duties hereunder for one or more periods totaling six (6) months during any consecutive
twelve (12) month period.

 

(b)          Without
Cause: By the Company at any time without cause, upon two (2) weeks written notice.

 

(c)          By
Morse: By Morse at any time and for any reason, including no reason at all, upon four weeks written notice to the Company.
If Morse provides the Company with advance notice of his intent to terminate, the Company shall have the option, at its sole discretion,
to make Morse’s termination effective at any time prior to the end of such notice period, and will pay Morse his regular
compensation through the end of the four week notice period regardless of the number of days actually worked. Morse expressly acknowledges
and agrees that his termination in such case shall be deemed a termination by Morse of his own accord, rather than a termination
by the Company.

 

(d)          Severance
Benefits. If Morse is terminated by the Company without cause, Morse will be entitled to receive severance benefits equal to
Morse’s regular monthly salary for one (1) year, less applicable withholdings, provided that Morse agrees to release the
Company from any and all claims arising from or related to Morse’s employment relationship with the Company, or such termination,
and executes and does not revoke a release agreement as requested by the Company at the time of such termination. Such payments
shall be made to Morse ratably according to the Company’s standard payroll schedule. Morse shall not be entitled to any severance
benefits in the event of termination for cause, termination by disability, or termination by Morse.

 

8.         Company
Policies. Morse shall abide by the Company’s policies as set forth in this Section 8, and shall sign and abide
by any of the Company’s other standard policies or procedures (including but not limited to its harassment policy) as the
Company deems appropriate, to the extent such policies are consistent with the terms and conditions of continued employment under
this Agreement.

 

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(a)          Proprietary
Information.

 

i.            Definition
of Proprietary Information. Morse acknowledges that, in connection with his services for the Company, Morse has, and shall
continue to acquire, certain information, the preservation and protection of which the Company considers vital to successful operation
of the Company’s business (“Proprietary Information”). Proprietary Information includes, but is not limited to:
all business, marketing or product plans; methods of doing business; financial data; customer, advertiser or supplier lists or
data; customer training methods, information and materials (including without limitation presentations, training materials, white
papers, and training templates); technical or production know-how; patents, trademarks, developments, inventions, and licenses;
information with respect to the needs of the customers served by the Company; trade secrets, processes or procedures; copyrighted
materials (whether by operation of law or through formal filing or registration); and all other types of information possessed
by Morse relative to the activities of the Company which is of a secret or confidential nature. Morse agrees to the terms in this
Section 8 as a condition of his employment with the Company, whether or not he is expected to create products of value for
the Company.

 

ii.         Covenants
Not to Disclose. All Proprietary Information shall be and remain the exclusive property of the Company and is for the exclusive
use and benefit of the Company. Morse hereby agrees to regard and preserve Proprietary Information as sensitive and confidential,
both during the Term and the Restricted Time (as defined in Section 8(c) below). Morse agrees that it will not, at any time,
disclose to any unauthorized persons or entities or use for its own account, or for the benefit of any third party, any Proprietary
Information, whether Morse has such information in its memory or embodied in writing or other physical form, without the Company’s
prior written consent, unless and to the extent that the Proprietary Information is or becomes generally known to and available
for use by the public other than as a result of Morse’s fault or the fault of any other person or entity bound by a duty
of confidentiality to the Company. Morse shall, immediately following the effective date of termination of his employment by the
Company, and at any other time the Company may request, return to the Company all Proprietary Information then in Morse’s
possession or under its control, without retaining any copies or notes thereof.

 

(b)          Work
Product Ownership.

 

(i) Work Product
the Property of the Company. As set forth in this section, any and all works, ideas, discoveries, inventions, patents, products,
designs, business methods or other information (collectively, the “Work Product”) which Morse may conceive or make
during the Term, developed in whole or part in connection with Morse’s services to the Company, shall be the sole and exclusive
property of the Company. Morse acknowledges and agrees that any copyrightable works he prepares within the scope of his employment
are “works for hire” under the Copyright Act and that the Company will be considered the author and owner of such works.
Morse also acknowledges and agrees that all works that are (i) developed using the equipment, supplies, facilities and/or trade
secrets of the Company, (ii) result from work performed by Morse for the Company, or (iii) relate to the Company’s business
or current or anticipated research and development, will be the sole and exclusive property of the Company and are hereby irrevocably
assigned by Morse to the Company from the moment of their creation and fixation in tangible media. Morse also hereby irrevocably
transfers and assigns to the Company all worldwide patents, patent applications, copyrights, trade marks, trade secrets and other
intellectual property rights in any Work Product made, conceived, first reduced to practice, or created, either alone or with others,
during the Term. Morse hereby irrevocably transfers and assigns to the Company any and all “Moral Rights” (as defined
herein) that Morse may have in or with respect to any Work Product, and forever waives and agrees never to assert such Moral Rights,
even after the termination of Morse’s work on behalf of the Company. “Moral Rights” are any rights to claim authorship
of any Work Product, or to object to the use or modification of any Work Product, or to withdraw from circulation or control the
publication or distribution of any Work Product, and any similar right, existing under judicial or statutory law of any country
in the world, or under any treaty, regardless of whether or not such right is denominated or generally referred to as a “moral
right.”

 

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(ii) Disclosure
and Cooperation by Morse. Morse shall promptly disclose in confidence to the Company all Work Product that Morse makes, conceives,
first reduces to practice or creates, either alone or jointly with others, during the Term, whether or not in the course of Morse’s
employment, and whether or not such Work Product is patentable, copyrightable, or protectable as trade secrets. Morse will, upon
request by the Company, execute and assign any and all applications, assignments, and other instruments which the Company shall
deem necessary in order to apply for and obtain Copyrights or Letters Patent of the United States or foreign countries for any
Work Product and in order to document the assignment and conveyance to the Company of the sole and exclusive right, title and interest
in and to any Work Product, applications, copyrights and patents. Morse’s obligation to execute such papers and to cooperate
with the Company shall continue beyond the Term with respect to any and all Work Product conceived or made by Morse during the
Term. The Company shall not be required to pay royalties to Morse for the Work Product of Morse because Morse shall be receiving
adequate compensation for its services in accordance with the terms and conditions of this Agreement.

 

(c)          Non-Competition.
Morse agrees that both during the term of this Agreement and for a period of one (1) year following the effective date of termination
of Morse’s employment by the Company (the “Restricted Time”) Morse will not in any way directly or indirectly,
either for itself or any other person or entity, manage, operate, assist, advise, or invest or in any other way further any enterprise
that competes or shall compete with the present or prospective businesses, operations, services, or products of the Company, as
the same may exist from time to time during the Term (except Morse may purchase up to 4.99% of the equity security of a NYSE or
NASDAQ listed company). This restriction is intended to apply solely to other companies that directly compete against the Company
for business. The geographical area regarding this covenant shall be the states in which any customer of the Company has operations
during the Term and/or the Restricted Time. In the event of a breach of the covenants in this Section 8(c), the term of
such covenant will be extended by the period of the duration of such breach. Notwithstanding the foregoing, the restrictive covenant
not to compete as set forth above shall be considered waived by the Company in the event Morse’s employment is terminated
by the Company.

 

    	5

    	 

    

 

(d)          Restrictive
Covenants Regarding Morse. Morse agrees that both during the Term and during the “Restricted Time”, Morse will
not directly or indirectly induce or attempt to induce any employee or independent contractors of the Company to leave the employment
of the Company or terminate the independent contractor relationship; provided, however, that the foregoing shall not prevent Morse
from soliciting or actively seeking to hire any such Morse who is not employed by the Company on the date Morse first solicits
such Morse.

 

(e)          Non-Solicitation
of Company Customers. Morse agrees that, during the Term and the Restricted Time, Morse will not take any action that might
divert or impede the Company from any opportunity that would be in the scope of the Company’s business, and will not directly
or indirectly solicit any of the Company’s then-current customers or discuss or pursue business or professional opportunities
with such customers within the scope of the goods or services provided by the Company.

 

(f)          Judicial
Revisions. If a court of competent jurisdiction should refuse to enforce any of the covenants contained herein because the
geographic area is too extensive, then it is intended to reduce the geographic area to a size which would permit the covenant in
question to be enforced in such proceeding. If a court of competent jurisdiction should refuse to enforce any of the covenants
contained herein because it covers too long a time period, then it is intended to shorten the time period of any such covenant
but only to the extent absolutely necessary to enforce such covenant in such proceeding.

 

(g)          Remedies.
The Parties hereto agree that the remedy at law for breach of the covenants contained in this Section 8 will be inadequate
and that the Company, in addition to any other relief available to it, shall be entitled to temporary and permanent injunctive
relief without the necessity of proving actual damage and to enforce its rights by an action for specific performance to the extent
permitted by law. Morse also acknowledges and agrees that his right to receive severance benefits under Section 7(e) shall
be conditioned upon his compliance with the terms of this Section 8, and that upon any breach of this Section all severance
payments pursuant to this Agreement shall immediately cease. In the event that the provisions of this Section 8 should ever
be deemed to exceed the limitations provided by applicable law or shall otherwise be held unenforceable to the fullest extent provided
herein, then the Parties hereto agree that such provisions shall be reformed to set forth the maximum limitations permitted. The
obligations set forth in this Section 8 are in addition to, and not in limitation of, any other remedy afforded to the Company
under this Agreement, at law, or in equity.

 

		9.	General Provisions.

 

(a)          
As a continued condition of employment, Morse agrees that the provisions of Section 8 apply to all periods of Morse’s
employment by the Company, including periods prior to the Effective Date.

 

    	6

    	 

    

 

(b)          Morse
represents and warrants to the Company that he neither is nor expects to be under any obligations to any person, firm or corporation,
including without limitation obligations under confidentiality or non-competition agreements with current or previous employers
of Morse, and has no other interest which is inconsistent or in conflict with this Agreement, or which would in any way prevent,
limit or impair the performance by him of any of the covenants or his duties in his said employment.

 

(c)          Morse
represents that he will not bring with him to the Company or use in the performance of his duties for the Company any material,
products, information or processes, whether tangible or intangible, written or otherwise, that belongs to, is claimed by, or is
protected by any former employer of Morse, any third party, or Morse himself, except to the extent (i) it is generally available
to the public, or (ii) it has been legally transferred or assigned to the Company. Morse shall obtain prior written authorization
from the Company prior to bringing to the Company or using in his employment any such material, products, information or processes.

 

(d)          Morse
acknowledges that the covenants contained in this Agreement are fully understood by him and will not preclude him from becoming
gainfully employed in any manner that does not conflict with this Agreement. Morse agrees he has read, understood and had an opportunity
to consult with counsel regarding this Agreement and that he executes same as his free and voluntary act.

 

10.         Records
and Property. All records created or maintained by Morse during the course of its employment by the Company shall be and remain
the property of the Company, and, upon termination of this Agreement for any reason, (a) all such Company property in any form
whatsoever, and any copies of such property, shall be returned immediately to the Company, and (b) to the extent Company property
is installed, stored, maintained, or resides in or on personal property belonging to Morse, Morse agrees to assist the Company
in locating, deleting, and/or otherwise removing completely therefrom all Company property.

 

11.         Expense.
Each party shall pay its own expenses incident to the performance or enforcement of this Agreement, including all fees and expenses
of its counsel for all activities of such counsel undertaken pursuant to this Agreement, except as otherwise herein specifically
provided. Notwithstanding the foregoing, the Company shall reimburse Morse for reasonable legal fees associated with the review
and negotiation of this Agreement by and between the parties.

 

12.         Miscellaneous.

 

(a)          Entire
Agreement. This Agreement constitutes the entire Agreement between the Company and Morse regarding Morse’s employment
by the Company, replacing all other written and/or previous agreements except those attached hereto or herein incorporated by reference.

 

(b)          Severability.
Nothing contained in this Agreement shall be construed to require the commission of any act contrary to law, and wherever there
is any conflict between any provision of this Agreement and any statute, law, ordinance, order or regulation, the latter shall
prevail. If any provision of this Agreement shall be declared to be invalid in whole or part by a court of competent jurisdiction,
it shall not affect the remaining provisions, which shall remain in full force and effect.

 

    	7

    	 

    

 

(c)          Section
Headings. Section headings are inserted for convenience only and shall not be used in any way to construe the terms of this
Agreement.

 

(d)          Governing
Law. This Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Massachusetts. Any
action to enforce, arising out of, or relating in any way to, any of the provisions of this Agreement may be brought and prosecuted
in such court or courts located in The Commonwealth of Massachusetts as is provided by law; and the parties consent to the jurisdiction
of said court or courts located in The Commonwealth of Massachusetts and to service of process by registered mail, return receipt
requested, or by any other manner provided by law.

 

(e)          Notice.
All notices, requests, demands and other communications required or permitted to be given hereunder shall be in writing and shall
be deemed to have been duly given when personally delivered, sent by registered or certified mail, return receipt requested, postage
prepaid, or by private overnight mail service (e.g., Federal Express) to the party at the address set forth in the first paragraph
of this Agreement, or to such other address as either party may hereafter give notice of in accordance with the provisions hereof.
Notices shall be deemed given on the sooner of the dates actually received or the third business day after sending.

 

(f)          Waiver.
The waiver of any breach or violation of any provision or condition hereof shall not affect the validity or enforceability of any
other provision or condition, nor shall it be deemed a waiver of any subsequent breach or violation of the same provision or condition.
No waiver of any right or remedy under this Agreement shall be effective unless made in writing and executed by the Party so to
be charged. The rights and remedies of the Parties to this Agreement are cumulative and not alternative.

 

(g)          Amendment.
This Agreement shall not be modified or amended except in a writing signed by a duly authorized representative of both Parties.

 

(h)          Successors
and Assignment. This Agreement shall be binding upon and shall inure to the benefit of the Parties, their respective successors
and assigns, provided that neither Party may assign any of its rights or delegate or subcontract any of its duties hereunder without
the prior written consent of the other Party; provided further, that the Company may assign its rights and duties hereunder to
a party acquiring a controlling interest in the Company without obtaining Morse’s consent, and the Company may assign this
Agreement to any parent or affiliate.

 

(i)          Gender.
Whenever used herein, the singular number shall indicate the plural, the plural shall include the singular, and the use of any
gender shall include all genders.

 

    	8

    	 

    

 

(j)          Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same instrument, and in pleading or proving any provision of this Agreement, it shall not be necessary
to produce more than one of such counterparts.

 

(k)          Further
Assurances. Each of the parties hereto shall, at any time and from time to time hereafter, upon the reasonable request of the
other party, take such further actions and execute, acknowledge and deliver all such instruments of further assurance as necessary
to carry out the provisions of this Agreement.

 

(l)          Survival
of Obligations. Except for those provisions that by their terms expire at or before the end of the Term, the obligations and
covenants set forth in this Agreement survive the termination of Morse’s employment by the Company.

 

IN WITNESS WHEREOF,
the parties have executed or caused to be executed this Agreement as of the date first above written.

 

	/s/ 	 	/s/ Matthew Morse
	Witness	 	MATTHEW MORSE
	 	 	 
	 	 	LANSAL INC. 
	 	 	 
	/s/ 	 	By:	/s/ Joseph D. Ward
	Witness	 	 	Joseph D. Ward, COO

 

    	9

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