Document:

Exhibit
10.77

 

Investview,
Inc.

234
Industrial Way West

Building
A, Suite 202

Eatontown,
NJ 07724

 

November
9, 2020

 

Mario
Romano

[home
address redacted]

 

Dear
Mr. Romano:

 

The
purpose of this letter is to notify you that the Board of Directors of InvestView, Inc. (the “Board”) has determined
to provide you with additional compensation in connection with your services as an employee director for InvestView, Inc. (the
“Company”), which shall be comprised of a restricted stock grant of 15,000,000 shares of common stock of the
Company effective as of the third (3th) closing under that certain Amended and Restated Securities Purchase Agreement dated as
of the date hereof, which will be granted to you under the InvestView, Inc. 2020 Incentive Plan, the terms and conditions of which
are set forth in the Restricted Shares Award Agreement attached hereto as Exhibit A. In addition, please be advised that
you will receive a travel fee of $125 for each quarterly meeting of the Board Directors that you attend.

 

If
you have questions, please contact Annette Raynor, Chief Operating Officer at annette@investview.com or (732) 889- 4300.

 

Sincerely,

 

	By	/s/
    Joseph Cammarata	 
	 	Joseph
    Cammarata	 
	 	CEO	 

 

    	 

     

    

 

EXHIBIT
A

 

Restricted
Shares Award Agreement

 

    	 

     

    

 

INVESTVIEW,
INC.

 

2020
INCENTIVE PLAN

 

RESTRICTED
SHARES AWARD AGREEMENT

 

The
Board of Directors of InvestView, Inc. (the “Board”) has determined to grant to you an award of restricted
shares of common stock of InvestView, Inc. (the “Company”) under the InvestView, Inc. 2020 Incentive Plan (the
“Plan”). The terms of the grant are set forth in the Restricted Shares Award Agreement (the “Agreement”)
provided to you. The following provides a summary of the key terms of the Agreement; however, you should read the entire Agreement,
along with the terms of the Plan, to fully understand the Agreement.

 

SUMMARY
OF RESTRICTED SHARES AWARD GRANT

 

	Grantee:	Mario
    Romano
	 	 
	Date
    of Grant:	November
    9, 2020
	 	 
	Total
    Number of Shares Granted:	15,000,000
    
	 	 
	Vesting
    Schedule*:	The
    restrictions on the shares shall lapse according to the following schedule:
	 	 
	 	November
    9, 2021: 5,000,000 shares 
	 	November
    9, 2022: 5,000,000 shares 
	 	November
    9, 2023: 5,000,000 shares 

 

*
The Grantee must be employed by, or providing service to, the Company on the applicable date for the restricted shares to vest
on such date.

 

    	 

     

    

 

INVESTVIEW,
INC.

 

2020
INCENTIVE PLAN

 

RESTRICTED
SHARES AWARD AGREEMENT

 

This
RESTRICTED SHARES AWARD AGREEMENT, dated as of November 9, 2020 (the “Date of Grant”), is delivered by InvestView,
Inc. (the “Company”) to Mario Romano (the “Grantee”).

 

RECITALS

 

A.
The InvestView, Inc. 2020 Incentive Plan (the “Plan”) provides for the grant of awards of restricted shares
in accordance with the terms and conditions of the Plan.

 

B.
The Board of Directors of the Company (the “Board”) has decided to make a grant of restricted shares to the
Grantee as an inducement for the Grantee to promote the best interests of the Company and its shareholders and the terms and conditions
of such restricted shares award shall be memorialized in this Restricted Shares Award Agreement (the “Agreement”).
The Grantee may receive a copy of the Plan by contacting Annette Raynor, Chief Operating Officer at annette@investview.com or
(732) 889- 4300.

 

NOW,
THEREFORE, the terms and conditions of this Agreement are as follows:

 

1.
Stock Award Grant. Subject to the terms and conditions set forth in this Agreement and the Plan, the Board hereby grants
the Grantee 15,000,000 shares of common stock of the Company, subject to the restrictions set forth below and in the Plan
(“Restricted Shares”). Restricted Shares may not be transferred by the Grantee or subjected to any security
interest until the shares have become vested pursuant to this Agreement and the Plan.

 

2.
Vesting and Nonassignability of Restricted Shares.

 

(a)
The Restricted Shares shall become fully vested, and the restrictions described in Sections 2(b) and 2(c) shall lapse, in accordance
with the following schedule, if the Grantee continues to be employed by, or provide service to, the Company from the Date of Grant
until such vesting dates:

 

	Vesting
    Date	 	Number
    of Shares
	November
    9, 2021	 	5,000,000
	November
    9, 2022	 	5,000,000
	November
    9, 2023	 	5,000,000

 

    	1

     

    

 

The
vesting of the award is cumulative, but shall not exceed 100% of the shares subject to the award.

 

(b)
If the Grantee’s employment or service with the Company terminates for any reason before the Restricted Shares become fully
vested, the Restricted Shares that are not then vested shall be forfeited and must be immediately returned to the Company.

 

(c)
During the period before the Restricted Shares vest (the “Restriction Period”), the non-vested Restricted Shares
may not be sold, assigned, transferred, pledged or otherwise disposed of by the Grantee. Any attempt to sell, assign, transfer,
pledge or otherwise dispose of the shares contrary to the provisions hereof, and the levy of any execution, attachment or similar
process upon the shares, shall be null, void and without effect.

 

3.
Issuance of Certificates.

 

(a)
Stock certificates representing the Restricted Shares may be issued by the Company and held in escrow by the Company until the
Restricted Shares vest, or the Company may hold non-certificated restricted shares until the Restricted Shares vests. During the
Restriction Period, the Grantee shall receive any dividends or other distributions with respect to the Restricted Shares and may
vote the Restricted Shares. In the event of a dividend or distribution payable in stock or other property or a reclassification,
split up or similar event during the Restriction Period, the shares or other property issued or declared with respect to the non-vested
Restricted Shares shall be subject to the same terms and conditions relating to vesting as the shares to which they relate.

 

(b)
When the Grantee obtains a vested right to Restricted Shares, vested shares shall be issued to the Grantee (either in certificated
or non-certificated form, in the Company’s discretion), free of the restrictions under Section 2 of this Agreement.

 

(c)
The obligation of the Company to deliver shares upon the vesting of the Restricted Shares shall be subject to all applicable laws,
rules, and regulations and such approvals by governmental agencies as may be deemed appropriate to comply with relevant securities
laws and regulations.

 

4.
Change of Control. The provisions of the Plan applicable to a Change of Control shall apply to the Restricted Shares, and,
in the event of a Change of Control, the Board may take such actions as it deems appropriate pursuant to the Plan.

 

5.
Grant Subject to Plan Provisions. This grant is made pursuant to the Plan, the terms of which are incorporated herein by
reference, and in all respects shall be interpreted in accordance with the Plan; provided, however, that the provisions of Section
19(a) of the Plan shall not be applicable to this grant and any termination of Grantee’s employment by or service to the
Company shall cause any portion of this grant not then vested to terminate in accordance with Section 19(b) of the Plan. The grant
is subject to interpretations, regulations and determinations concerning the Plan established from time to time by the Board in
accordance with the provisions of the Plan, including, but not limited to, provisions pertaining to (i) rights and obligations
with respect to withholding taxes, (ii) the registration, qualification or listing of the shares, (iii) changes in capitalization
of the Company, and (iv) other requirements of applicable law. The Board shall have the authority to interpret and construe the
grant pursuant to the terms of the Plan, and its decisions shall be conclusive as to any questions arising hereunder. By accepting
this grant, the Grantee agrees to be bound by the terms of the Plan and this Agreement and that all decisions and determinations
of the Board with respect to the grant shall be final and binding on the Grantee and the Grantee’s beneficiaries. To the
extent of any conflict between the terms of this Agreement and the Plan, the terms of the Plan shall control.

 

    	2

     

    

 

6.
Withholding. To the extent that withholding is required by applicable law, the Grantee shall pay to the Company, or make
other arrangements satisfactory to the Company to provide for the payment of, any federal, state, local, or other taxes that the
Company is required to withhold with respect to the grant or vesting of the Restricted Shares.

 

7.
Restrictions on Sale or Transfer of Shares; Lock-up.

 

(a)
The Grantee will not sell, transfer, pledge, donate, assign, mortgage, hypothecate or otherwise encumber the shares underlying
this grant unless the shares are registered under the Securities Act of 1933, as amended (the “Securities Act”)
or the Company is given an opinion of counsel reasonably acceptable to the Company that such registration is not required under
the Securities Act.

 

(b)
The Grantee agrees to be bound by the Company’s policies regarding the limitations on the transfer of the shares subject
to this grant and understands that there may be certain times during the year that the Grantee will be prohibited from selling,
transferring, pledging, donating, assigning, mortgaging, hypothecating or otherwise encumbering the shares. The Grantee also acknowledges
and agrees that this grant is subject to any applicable clawback, recoupment or other policies relating to shares of common stock
of the Company implemented by the Board or the Company, as in effect from time to time.

 

(c)
For the avoidance of doubt, the Grantee acknowledges and agrees that the shares subject to this grant are subject in all respects
to the terms of that certain Lock-Up Agreement, dated as of April 27, 2020, by the Grantee.

 

8.
No Right to Continued Employment or Service as Director. This grant shall not confer upon the Grantee any right to be retained
by or in the employ of the Company and shall not interfere in any way with the right of the Company to terminate the Grantee’s
employment at any time. The right of the Company to terminate at will the Grantee’s employment at any time for any reason
is specifically reserved. Nothing contained herein shall be deemed to confer upon the Grantee any right to continue to serve as
a member of the Board.

 

9.
Assignment by Company. The rights and protections of the Company hereunder shall extend to any successors or assigns of
the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without
the Grantee’s consent.

 

10.
Applicable Law. The validity, construction, interpretation and effect of this instrument shall be governed by and construed
in accordance with the laws of the State of Nevada, without giving effect to the conflicts of laws provisions thereof.

 

    	3

     

    

 

11.
Notices. All notices, demands, requests, consents, approvals, and other communications required or permitted to be given
pursuant to this Note shall be in writing and shall be delivered (a) in hand by person with written receipt of the person to whom
such notice is intended; (b) by registered or certified mail, postage prepaid, return receipt requested; or (c) by a generally
recognized commercial courier service or overnight delivery service, (Federal Express or UPS), for next Business Day delivery,
postage prepaid, with delivery receipt requested. All notices sent in accordance with this Section 11 shall be deemed “Delivered”
unless otherwise specified herein, the same day if delivered by hand in person with receipt and signature of the intended recipient
or by an authorized officer of the intended recipient; if by registered or certified mail, three (3) Business Days after the same
is deposited in the U.S. Mail; or if sent by a commercial courier service or overnight delivery service for next Business Day
delivery, one (1) Business Day after payment and receipt of mailing. The addresses for such communications shall be:

 

If
to the Company:

 

Investview,
Inc.

234
Industrial Way West

Building
A, Suite 202

Eatontown,
NJ 07724

Attn:
Joseph Cammarata

Mario
Romano

 

With
a copy to:

 

Michael
Best & Friedrich LLP

170
South Main Street, Suite 1000

Salt
Lake City, UT 84101

Attention:
Kevin C. Timken

 

If
to the Grantee, to the Grantee’s address on the Grantee’s signature page hereto.

 

The
addresses of the parties set forth above may be changed from time to time by a party by notice to the other in accordance with
the notice provisions as set forth herein this Section 11.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	4

     

    

 

IN
WITNESS WHEREOF, the Company has caused its duly authorized officer to execute this instrument effective as of the Date of Grant.

 

	 	INVESTVIEW,
    INC.
	 	 	 
	 	By:	/s/
    Joseph Cammarata
	 	 	Joseph
    Cammarata, CEO
	 	 	 
	 	By:	/s/
    Annette Raynor
	 	 	Annette
    Raynor, COO

 

I
hereby accept the grant of Restricted Shares described in this Agreement, and I agree to be bound by the terms of this Agreement.
I hereby further agree that all the decisions and determinations of the Board shall be final and binding.

 

	 	GRANTEE:	Mario
    Romano
	 	 	 
	 	 	/s/
    Mario Romano
	 	 	(signature)
	 	Date:	11/9/2020
	 	Address:	[home
    address redacted]
	 	Email:	

 

    	5Exhibit 10.1

 

EXECUTIVE EMPLOYMENT
AGREEMENT

 

This EXECUTIVE EMPLOYMENT
AGREEMENT (this “Agreement”) is made and entered into as of August 13, 2020 (the “Effective Date”),
by and between AudioEye, Inc., a Delaware corporation with an address at 5210 E. Williams Circle, Tucson, AZ 85711 (the “Company”),
and Dominic Varacalli, a natural person (“Executive”).

 

W I T N E S E T H:

 

WHEREAS, prior to the
Effective Date, Executive was employed by the Company as its Chief Technology Officer pursuant to a May 20, 2020 Offer Letter
(the “Offer Letter”);

 

WHEREAS, as a condition
of Executive’s employment with the Company, Executive and the Company entered into a June 1, 2020 Confidentiality, Proprietary
Rights and Non-Solicitation Agreement (the “Confidentiality Agreement”) and Executive agreed to be bound by
the Company’s policies and practices, including its Amended and Restated Insider Trading Policy, Code of Business Conduct
and Ethics, Document Retention Policy, and other policies contained in the Company’s Handbook (collectively, the “Policies”);
and

 

WHEREAS, the Company
wishes to promote Executive to the position of President (the “Position”) and Executive wishes to accept such
Position and the associated additional compensation and benefits.

 

NOW, THEREFORE, in
consideration of the foregoing recitals and the respective covenants and agreements of the parties contained in this document,
the Company and Executive, intending to be legally bound, hereby agree as follows:

 

1.       Employment
and Duties. Effective on the Effective Date, the Company shall promote Executive to the Position. In the Position, Executive
shall report to the Chief Executive Officer (“CEO”). The duties and responsibilities of Executive in the Position
shall include the duties and responsibilities typical of a President and such other duties and responsibilities as the CEO may
from time to time reasonably assign to Executive.

 

Executive shall devote
all of his business time, attention, and energies to the business of the Company, provided that nothing in this
Section 1 shall prohibit Executive from (a) serving as a director or trustee of any charitable or educational organization
or (b) engaging in additional activities in connection with personal investments and community affairs, as long as these additional
activities do not materially interfere, individually or collectively, with the performance of the duties and responsibilities of
Executive, and these activities are not inconsistent with Executive’s duties under this Agreement and do not violate the
terms of Section 14.

 

2.       Term.
Executive’s employment pursuant to this Agreement shall commence on the Effective Date and shall continue until earlier terminated
pursuant to Section 6 or Section 12 (the “Term”). The parties agree that Executive shall at all times
be an at-will employee, and he or the Company may terminate his employment at any time for any lawful reason, subject to the payment
obligations described herein. For the avoidance of doubt, the restrictions in Sections 13 and 14 of this Agreement that apply after
employment ends, and the provisions of Sections 9 and 17, shall survive the expiration of the Term.

 

3.       Place
of Employment. Executive shall continue to work in the Company’s offices in the Portland, Oregon area; provided,
however, that Executive shall make himself available as requested for regular business travel, including travel to the Company’s
other corporate offices, or such other location where the Company may decide to establish operations.

 

4.       Base
Salary. For all services to be rendered by Executive pursuant to this Agreement, the Company agrees to pay Executive a base
salary (the “Base Salary”) during the Term at an annual rate of $210,000 per year unless the parties mutually
agree to modify the Base Salary. The Base Salary shall be paid in periodic installments in accordance with the Company’s
regular payroll practices.

 

    	 	 	 

     

    

 

5.       Bonus.
During the Term, Executive shall be eligible to receive an annual cash performance bonus, with a target value of $20,000 (a “Performance
Bonus”), such Performance Bonus to be paid if the Company and Executive meet or exceed certain performance targets set
by the Company and Executive. The Performance Bonus shall be evaluated based on the Company and Executive’s performance throughout
the entire calendar year with which the Performance Bonus corresponds (“Performance Bonus Year”); provided,
however, that Executive shall be eligible for a prorated Performance Bonus for calendar year 2020 based on the date that
Executive commenced employment with the Company. If Executive is employed by the Company as of January 1 of the year immediately
following the Performance Bonus Year and if the Company, in its sole discretion, determines that the Performance Bonus has been
earned, Executive shall be paid within thirty (30) days after the Company’s year-end financial statements for the Performance
Bonus Year are approved by the Audit Committee for inclusion in the Company’s Annual Report on Form 10-K for the year
ended December 31 of the Performance Bonus Year, but, in any event, any payment shall be made no later than March 15
of the year that is two (2) years immediately following the Performance Bonus Year.

 

6.      Termination.
Upon any termination of Executive’s employment, whether caused by Executive or the Company, the Company shall pay or provide
all of the following to Executive: (i) reimbursement of any and all reasonable business expenses paid or incurred by Executive
through the termination date in connection with and related to the performance of Executive’s duties and responsibilities
for the Company; (ii) payment, based on the Base Salary, for any accrued but unused vacation through the termination date
in accordance with Company policy, as in effect as of the date of termination; and (iii) any earned but unpaid Base Salary
accrued through Executive’s last date of employment with the Company (all of these payments are collectively the “Accrued
Obligations”).

 

7.       Equity
Award. Executive currently holds time-based restricted share units (“RSUs”) covering 20,000 shares of the
Company’s common stock pursuant to the AudioEye, Inc. 2019 Equity Incentive Plan (the “Plan”). The
Company will award Executive additional RSUs covering 45,000 of the Company’s common stock under the Plan, with 15,000 of
such RSUs to vest annually in equal installments over a three (3)-year period from the date the RSUs are awarded and 30,000 of
such RSUs to vest upon achievement of performance targets established in an award agreement, in each case subject to Executive’s
continued employment with the Company on the applicable vesting date; provided, however, that (a) if a change
in control occurs (as determined under the terms of the Plan), any such remaining unvested RSUs shall be subject to the terms of
the Plan relating to such change in control and (b) in the event the parties, after Executive’s good faith efforts,
cannot agree, due to the Company’s failure to engage in good faith discussions, to targets applicable to the performance-based
RSUs for one or more years during the first three years after the award, one-third of such performance-based RSUs (10,000) shall
vest on the applicable anniversary(ies) of the award during the first three years (e.g., if the parties cannot agree on
performance targets applicable to the year that runs from the first anniversary of the grant to the second anniversary of the grant
due to the Company’s failure to engage in good faith discussions, performance-based RSUs covering 10,000 shares shall automatically
vest on the second anniversary). RSUs approved by the Compensation Committee will be awarded to Executive subject to Executive’s
execution of an award agreement acceptable to the Company. The RSUs granted to Executive may be adjusted in the event of a stock
split, stock dividend, recapitalization or other similar event.

 

8.       Deductions
and Withholdings. The Company shall deduct and withhold, from all payments made pursuant to this Agreement, including but not
limited to the Base Salary, all applicable taxes, including income tax, FICA and FUTA, and other deductions and withholdings required
by law.

 

    	 	 	 

     

    

 

9.       Clawback
Rights. All amounts paid to Executive by the Company during the Term and any time thereafter (other than Executive’s
Base Salary, the Performance Bonuses, accrued but unused vacation, reimbursement of expenses pursuant to Section 10, and the
Accrued Obligations) and any and all stock-based compensation (such as options, stock, stock unit, and other equity awards) granted
during the Term and any time thereafter (collectively, the “Clawback Benefits”) shall be subject to the Company’s
 “Clawback Rights” as follows: during the period that Executive is employed by the Company and upon the termination
or expiration of Executive’s employment and for a period of three (3) years thereafter, if any of the following events
occur, Executive agrees to repay or surrender to the Company the Clawback Benefits if a restatement (a “Restatement”)
of any financial results from which any Clawback Benefits to Executive shall have been determined (such restatement resulting from
material non-compliance of the Company with any financial reporting requirement under the federal securities laws and shall not
include a restatement of financial results resulting from subsequent changes in accounting pronouncements or requirements which
were not in effect on the date the financial statements were originally prepared), then Executive agrees to immediately repay or
surrender upon demand by the Company any Clawback Benefits which were determined by reference to any Company financial results
which were later restated, but only to the extent the Clawback Benefits amounts paid exceed the Clawback Benefits amounts that
would have been paid, based on the restatement of the Company’s financial information. All Clawback Benefits amounts resulting
from such Restatements shall be retroactively adjusted by the Compensation Committee (or the Board of Directors (the “Board”),
if there is no Compensation Committee) to take into account the restated results and if any excess portion of the Clawback Benefits
resulting from such restated results is not so repaid or surrendered by Executive within ninety (90) days of the revised calculation
being provided to Executive by the Company following a publicly announced restatement, the Company shall have the right to take
any and all action to effectuate such adjustment. For the avoidance of doubt, nothing in this Section 9 shall infringe on
Executive’s entitlement to the Base Salary.

 

The Clawback Rights
shall terminate following a Change of Control, subject to applicable law, rules and regulations. The amount of Clawback Benefits
to be repaid or surrendered to the Company shall be determined by the Compensation Committee (or the Board, if there is no Compensation
Committee) in accordance with applicable law, rules and regulations. All determinations by the Compensation Committee (or
the Board, if there is no Compensation Committee) with respect to the Clawback Rights shall be final and binding on the Company
and Executive. The parties acknowledge it is their intention that the foregoing Clawback Rights as relates to Restatements conform
in all respects to the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Dodd
Frank Act”) and requires recovery of all “incentive-based” compensation, pursuant to the provisions of the
Dodd Frank Act and any and all rules and regulations promulgated thereunder from time to time in effect. Accordingly, the
terms and provisions of this Agreement shall be deemed automatically amended from time to time to assure compliance with the Dodd
Frank Act and such rules and regulation as hereafter may be adopted and in effect.

 

10.       Expenses.
Executive shall be entitled to prompt reimbursement by the Company for all reasonable ordinary and necessary travel, entertainment,
and other expenses incurred by Executive while employed (in accordance with the policies and procedures established by the Company
for its senior executive officers) in the performance of his duties and responsibilities under this Agreement; provided,
that Executive shall properly account for such expenses in accordance with Company policies and procedures.

 

11.       Other
Benefits; Vacation. During the Term, Executive shall be eligible to participate in incentive, stock purchase, savings, retirement
(401(k)), and welfare benefit plans, including, without limitation, health, medical, dental, vision, life (including accidental
death and dismemberment) and disability insurance plans to the extent provided by the Company generally to its employees (collectively,
 “Benefit Plans”), in substantially the same manner and at substantially the same levels as the Company makes
such opportunities available to the Company’s managerial or salaried executive employees, subject to the terms and conditions,
including eligibility provisions, of any such Benefit Plans, which may be amended or terminated from time to time. During the Term,
Executive shall be entitled to accrue, on a pro rata basis, twenty (20) paid vacation days per year, which if not taken, will accrue
and be carried forward into the next year. No carry forward of vacation past the second year will be granted without the approval
of the Compensation Committee. Vacation shall be taken at such times as are mutually convenient to Executive and the Company and
no more than twenty (20) consecutive days shall be taken at any one time without the advance written approval of the CEO.

 

12.       Termination
of Employment.

 

(a)            Upon
Executive’s termination of employment, for any reason, and whether caused by Executive or the Company, the Company shall
have no further obligations to Executive or, if applicable, his estate, except to pay or provide the Accrued Obligations, any rights
Executive has related to the RSUs as provided in the Plan and the award agreement, and any rights and benefits required by applicable
law.

 

(b)            Any
termination of Executive’s employment by the Company or by Executive (other than termination by reason of Executive’s
death) shall be communicated by written Notice of Termination to the other party of this Agreement. For purposes of this Agreement,
a “Notice of Termination” shall mean a written notice which shall indicate the date of termination, provided,
however, that failure to provide timely notification shall not affect the employment status of Executive.

 

    	 	 	 

     

    

 

(c)            Upon
a termination of Executive’s employment with the Company for any reason, Executive agrees not to disparage the Company or
its Board members, officers or other senior management employees, or say or do anything that will adversely impact the Company’s
business practices or the reputation of the Company or its Board members, officers or management employees. Notwithstanding the
foregoing, this Section 12(c) does not apply to Executive in (i) filing any pleading, or providing truthful oral
or written testimony, in any administrative, arbitration or judicial proceeding, (ii) providing information pursuant to subpoena,
court order, or similar legal process, (iii) reporting violations of any law or regulation, or otherwise providing truthful
information, to any government or regulatory agencies, or in any document required to be filed with the SEC, or (iv) otherwise
engaging in whistleblower activity protected by the Securities Exchange Act of 1934, the Dodd Frank Act, or any rules or regulations
issued thereunder, including, without limitation, SEC Rule 21F-17.

 

13.       Confidential
Information. Executive confirms that he has already had, and shall continue to have, access to Company trade secrets and other
competitively sensitive confidential business or professional information. Executive reaffirms his obligations and commitments
as set forth in the Confidentiality Agreement, and agrees that he remains so bound. Upon termination of Executive’s employment
with the Company, Executive shall deliver forthwith to the Company any and all originals and copies, including those in electronic
or digital formats, of Confidential Information (as defined in the Confidentiality Agreement); provided, however, that
Executive shall be entitled to retain (a) papers and other materials of a personal nature, including, but not limited to,
photographs, correspondence, personal diaries, calendars and rolodexes, personal files and phone books, (b) information showing
his compensation or relating to reimbursement of expenses, and (c) information that he reasonably believes may be needed for
tax purposes.

 

14.       Non-Competition
and Non-Solicitation.

 

(a)       Executive
agrees and acknowledges that the restrictions set forth herein are reasonable and necessary to protect the Company’s legitimate
business interests and do not impose undue hardship or burdens on Executive. Executive also acknowledges that the technology, software,
and related products and services developed or provided by the Company and its affiliates relating to ADA-related and other digital
accessibility compliance requirements and enhancements are or are intended to be sold, provided, licensed and/or distributed to
customers and clients primarily in and throughout the United States (the “Territory”) and that Executive’s
responsibilities extend throughout the Territory (to the extent the Company comes to operate, either directly or through the engagement
of a distributor or joint or co-venturer, or sell a significant amount of its products and services to customers located, in areas
other than the United States during the Term, the definition of Territory shall be automatically expanded to cover such other areas
in which the Company did business at the time Executive’s employment with the Company terminates). For purposes of this Agreement,
the “Business” of the Company means: (i) the development, marketing and sale and licensing of technology,
software, and related products and services relating to ADA and other digital accessibility federal, state and local compliance
requirements, and (ii) any other business in which the Company is engaged, or actively planning to engage, during the last
year of Executive’s employment with the Company. Executive further acknowledges and agrees that the Territory, scope of prohibited
competition with the Business, and time duration set forth in the non-competition restrictions set forth below are reasonable and
necessary to maintain the value of the Confidential Information, and to protect the goodwill and other legitimate business interests,
of the Company, its affiliates and/or its clients or customers. The provisions of this Section 14 shall survive the termination
of Executive’s employment hereunder.

 

(b)       Executive
hereby agrees and covenants that he shall not during the Restricted Period and within the Territory, without the prior written
consent of the Company, directly or indirectly:

 

(1)       perform
services the same or substantially similar to those he provides to the Company pursuant to this Agreement, or any other executive-level
functions, for any person (including Executive himself) or entity in competition with the Company in the Business;

 

(2)       Recruit,
solicit or hire; attempt to recruit, solicit or hire; or assist another person or entity to recruit, solicit or hire any current
or former employee, or independent contractor of the Company who was employed by or contracted with the Company any time during
the final year of Executive’s employment with the Company, to leave the employment (or independent contractor relationship)
thereof, whether or not any such employee or independent contractor is party to an employment agreement; or

 

    	 	 	 

     

    

 

(3)       (A) Attempt
to solicit any customer of the Company with whom Executive had material contact, or about which he received or had access to Confidential
Information, during the last year of Executive’s employment with the Company for the purpose of offering, selling or providing
any product or service competitive with the Company’s Business to such customer, (B) perform services competitive with
the Company’s Business for such customer, or (C) assist another person or entity to engage in conduct prohibited by
clauses (A) or (B) above if performed by Executive.

 

With respect to the
activities described in Sections 14(b)(1), (2), and (3) above, the restrictions of this Section 14(b) shall apply
during the Term and until one (1) year after the termination of Executive’s employment with the Company (including upon
expiration of the Agreement) (the “Restricted Period”). In the event that any provision of this Section 14
is determined by a court of competent jurisdiction to be unenforceable, such provision shall not render the entire Section 14
unenforceable but, to the extent possible, the court may appropriately modify this Section 14 to render such provision enforceable.

 

15.       Inventions.
All systems, inventions, discoveries, apparatus, techniques, methods, know-how, formulae or improvements made, developed or conceived
by Executive during Executive’s employment by the Company that (a) are directly relevant to the Company’s business
as then constituted, (b) are developed as a part of the tasks and assignments that are the duties and responsibilities of
Executive, and (c) were created using substantially the Company’s resources, such as time, materials and space, shall
be and continue to remain the Company’s exclusive property, without any added compensation or any reimbursement for expenses
to Executive, and upon the conception of any and every such invention, process, discovery or improvement and without waiting to
perfect or complete it, Executive promises and agrees that Executive will immediately disclose it to the Company and to no one
else and thenceforth will treat it as the property and secret of the Company. Executive will also execute any instruments requested
from time to time by the Company to vest in it complete title and ownership to such invention, discovery or improvement and will,
at the request of the Company, do such acts and execute such instruments as the Company may require, but at the Company’s
expense to obtain patents, trademarks or copyrights in the United States and foreign countries, for such invention, discovery or
improvement and for the purpose of vesting title thereto in the Company, all without any reimbursement for expenses (except as
provided in Section 10 or otherwise) and without any additional compensation of any kind to Executive.

 

16.       Section 409A.

 

The provisions of this
Agreement are intended to comply with or meet an exemption from Section 409A of the Internal Revenue Code of 1986, as amended
(the “Code”) and any final regulations and guidance promulgated thereunder (“Section 409A”)
and shall be construed in a manner consistent with the requirements for avoiding taxes or penalties under Section 409A. The
Company and Executive agree to work together in good faith to consider amendments to this Agreement and to take such reasonable
actions which are necessary, appropriate or desirable to avoid imposition of any additional tax or income recognition prior to
actual payment to Executive under Section 409A.

 

To the extent that
Executive will be reimbursed for costs and expenses or in-kind benefits, except as otherwise permitted by Section 409A, (a) the
right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit, (b) the amount of
expenses eligible for reimbursement, or in-kind benefits, provided during any taxable year shall not affect the expenses eligible
for reimbursement, or in-kind benefits to be provided, in any other taxable year; provided that the foregoing
clause (b) shall not be violated with regard to expenses reimbursed under any arrangement covered by Section 105(b) of
the Code solely because such expenses are subject to a limit related to the period the arrangement is in effect and (c) such
payments shall be made on or before the last day of the taxable year following the taxable year in which the expense was incurred.

 

A termination of employment
shall not be deemed to have occurred for purposes of any provision of this Agreement providing for the payment of any amounts or
benefits upon or following a termination of employment unless such termination constitutes a “Separation from Service”
within the meaning of Section 409A and, for purposes of any such provision of this Agreement references to a “termination,”
 “termination of employment” or like terms shall mean Separation from Service.

 

    	 	 	 

     

    

 

Each installment payable
hereunder shall constitute a separate payment for purposes of Treasury Regulation Section 1.409A-2(b), including Treasury
Regulation Section 1.409A-2(b)(2)(iii). Each payment that is made within the terms of the “short-term deferral”
rule set forth in Treasury Regulation Section 1.409A-1(b)(4) is intended to meet the “short-term deferral”
rule. Each other payment is intended to be a payment upon an involuntary termination from service and payable pursuant to Treasury
Regulation Section 1.409A-1(b)(9)(iii), et. seq., to the maximum extent permitted by that regulation, with any amount that
is not exempt from Code Section 409A being subject to Code Section 409A.

 

Notwithstanding anything
to the contrary in this Agreement, if Executive is a “specified employee” within the meaning of Section 409A,
any payment otherwise due to Executive on or within the six (6) month period following Executive’s termination will
accrue during such six (6) month period and will become payable in one lump sum cash payment on the date six (6) months
and one (1) day following the date of Executive’s termination of employment, to the extent required to avoid any adverse
tax consequences under Section 409A. Any remaining payment(s) will be payable in accordance with the payment schedule
applicable to each payment or benefit. Notwithstanding anything herein to the contrary, if Executive dies following termination
but prior to the six (6) month anniversary of Executive’s termination date, then any payments delayed in accordance
with this paragraph will be payable in a lump sum as soon as administratively practicable after the date of Executive’s death
and all other amounts will be payable in accordance with the payment schedule applicable to each payment or benefit, to the extent
and in a manner consistent with Section 409A.

 

17.       Miscellaneous.

 

(a)       Executive
acknowledges that the services to be rendered by him under the provisions of this Agreement are of a special, unique and extraordinary
character and that it would be difficult or impossible to replace such services. Furthermore, the parties acknowledge that monetary
damages alone would not be an adequate remedy for any breach by Executive of Section 13 or Section 14 of this Agreement.
Accordingly, Executive agrees that any breach by Executive of Section 13 or Section 14 of this Agreement shall entitle
the Company, in addition to all other legal remedies available to it, to apply to any court of competent jurisdiction to seek to
enjoin such breach. The parties understand and intend that each restriction agreed to by Executive hereinabove shall be construed
as separable and divisible from every other restriction, that the unenforceability of any restriction shall not limit the enforceability,
in whole or in part, of any other restriction, and that one or more or all of such restrictions may be enforced in whole or in
part as the circumstances warrant. In the event that any restriction in this Agreement is more restrictive than permitted by law
in the jurisdiction in which the Company seeks enforcement thereof, such restriction shall be limited to the extent permitted by
law. The remedy of injunctive relief herein set forth shall be in addition to, and not in lieu of, any other rights or remedies
that the Company may have at law or in equity. Executive agrees that the restrictions contained herein are in addition to, and
do not replace, the restrictions contained in the Confidentiality Agreement, and this Agreement and the Confidentiality Agreement
shall be read together so as to give the broadest possible protections to the Company. In the event of any inconsistency between
this Agreement and the Confidentiality Agreement, the broader restriction shall apply.

 

(b)       Neither
Executive nor the Company may assign or delegate any of their rights or duties under this Agreement without the express written
consent of the other; provided, however, that the Company may assign this Agreement to any affiliate or
in connection with any merger or sale of equity or assets, and the Company shall have the right to delegate its obligation of payment
of all sums due to Executive hereunder, provided that such delegation shall not relieve the Company of any of
its obligations hereunder.

 

(c)       During
the Term, the Company (i) shall indemnify and hold harmless Executive and his heirs and representatives as, and to the extent,
provided in the Company’s bylaws and (ii) shall cover Executive under the Company’s directors’ and officers’
liability insurance on the same basis as it covers other senior executive officers and directors of the Company.

 

(d)       This
Agreement, and the Confidentiality Agreement, constitute and embody the full and complete understanding and agreement of the parties
with respect to Executive’s employment by the Company (it being understood that the Plan and RSU award agreement shall apply
to RSUs that may be awarded pursuant to Section 7), supersede all prior understandings and agreements, whether oral or written,
between Executive and the Company (including the Offer Letter, except as incorporated herein), and shall not be amended, modified
or changed except by an instrument in writing executed by the party to be charged. The invalidity or partial invalidity of one
or more provisions of this Agreement shall not invalidate any other provision of this Agreement. No waiver by either party of any
provision or condition to be performed shall be deemed a waiver of similar or dissimilar provisions or conditions at the same time
or any prior or subsequent time. For clarity, the parties confirm that nothing herein shall supersede or terminate the Confidentiality
Agreement or Executive’s prior commitments with regard to any of the Policies.

 

    	 	 	 

     

    

 

(e)       This
Agreement shall inure to the benefit of, be binding upon and enforceable against, the parties hereto and their respective successors,
heirs, beneficiaries and permitted assigns.

 

(f)       The
headings contained in this Agreement are for convenience of reference only and shall not affect in any way the meaning or interpretation
of this Agreement.

 

(g)       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 reputable national overnight delivery service (e.g., Federal Express) for overnight delivery to the Company
at its principal executive office or to Executive at his address of record in the Company’s records, or to such other address
as either party may hereafter give the other party notice of in accordance with the provisions hereof. Notices shall be deemed
given on the sooner of the date actually received or the third business day after deposited in the mail or one business day after
deposited with an overnight delivery service for overnight delivery.

 

(h)       This
Agreement shall be governed by and construed in accordance with the internal laws of the State of Arizona without reference to
principles of conflicts of laws, and each of the parties hereto irrevocably consents to the non-exclusive jurisdiction and venue
of the federal and state courts located in, or whose jurisdiction includes, the Counties of Pima or Maricopa, Arizona.

 

(i)       This
Agreement may be executed simultaneously in two or more counterparts, each of which shall be deemed an original, but which together
shall constitute one of the same instrument. The parties hereto have executed this Agreement as of the date set forth above.

 

(j)       Executive
represents and warrants to the Company that he has the full power and authority to enter into this Agreement and to fully perform
his obligations hereunder and that the execution and delivery of this Agreement and the performance of all of his obligations under
this Agreement will not conflict with any agreement to which Executive is a party. The parties agree that Executive’s breach
of this Section 17(j) shall constitute a material breach of this Agreement.

 

(k)       The
Company represents and warrants to Executive that it has the full power and authority to enter into this Agreement and to perform
its obligations hereunder and that the execution and delivery of this Agreement and the performance of its obligations hereunder
will not conflict with any agreement to which the Company is a party.

 

[Remainder of page intentionally
left blank; signature page follows.]

 

    	 	 	 

     

    

 

IN WITNESS WHEREOF,
Executive and the Company have caused this Executive Employment Agreement to be executed as of the date first above written.

 

 

	THE COMPANY	 	EXECUTIVE
	 	 	 
	 	 	 
	/s/ David Moradi	 	/s/ Dominic Varacalli
	By: David Moradi	 	Dominic Varacalli

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