Document:

Exhibit 10.1

          

     

    

     

    

    
      AMENDED AND RESTATED EMPLOYMENT AGREEMENT

      

      

      This Amended and Restated Employment Agreement (this “Agreement”) is made as of September 8, 2021, between Joseph M. Zubretsky (the “Executive”) and
        Molina Healthcare, Inc. (the “Employer”).

      RECITALS

      WHEREAS, the Employer and the Executive are parties to an Employment Agreement, dated October 9, 2017 (the “Original Agreement”), pursuant to which the Employer employs the Executive as its President and Chief Executive Officer;

      WHEREAS, to update the Original Agreement to reflect changes that have occurred since the date it was entered
        into, the Employer and the Executive each desire to amend and restate the Original Agreement in its entirety pursuant to the terms and conditions set forth in this Agreement;

      WHEREAS, the Employer desires to continue to employ the Executive in the capacities described below, on the terms and conditions
        hereinafter set forth, and the Executive is willing to continue employment on such terms and conditions.

      

      

      NOW, THEREFORE, in consideration of the above premises and the following mutual covenants and conditions, the parties agree as
        follows:

      

      

      1. Employment.  The Employer shall continue to employ the Executive as its President and
          Chief Executive Officer, and the Executive hereby accepts such continued employment on the following terms and conditions.  The Executive understands and agrees that he is an at-will employee, and the Executive and the Employer can, and shall
          have the right to, terminate the employment relationship at any time for any or no reason, with or without notice, and with or without cause, subject to the payment provisions contained in Paragraph 7 of this Agreement.  Nothing contained in this
          Agreement or any other agreement shall alter the at-will relationship.  In the event that the Executive ceases to be employed by the Employer for any reason, the Executive shall tender his resignation from all officer, board and other positions
          he holds with the Employer or any of its subsidiaries or affiliates, effective on the date his employment is terminated.

      

      

      2. Duties.  The Executive shall work for the Employer in a full-time capacity.  The
          Executive shall, during the term of this Agreement, have the duties, responsibilities, powers, and authority customarily associated with the positions of President and Chief Executive Officer.  The Executive shall report to, and follow the
          direction of, the Board of Directors of the Employer (the “Board”).  The Executive shall continue to serve on the Board and shall be nominated
          for reelection to the Board at the expiration of each term of office provided he is then the Chief Executive Officer of the Employer.  The Executive agrees to serve as a member of the Board for each period for which he is so appointed or
          elected.  In addition to, or in lieu of, the foregoing, the Executive also shall perform such other and related services and duties that are commensurate with his positions as may be assigned to him from time to time by the Board.  The Executive
          shall diligently, competently, and faithfully perform all duties, and shall devote his entire business time, energy, attention, and skill to the performance of duties for the Employer or its affiliates and will use his best efforts to promote the
          interests of the Employer.  Notwithstanding the foregoing, the Executive shall be permitted to (i) engage in charitable and community affairs, (ii) make direct investments of any character in any non-competing business or businesses and to manage
          such investments (but not be involved in the day-to-day operations of any such business) and (iii) with the prior written approval of the Board, serve on the board of directors of one other non-competing business; provided, in each case, and in
          the aggregate, that such activities do not interfere with the performance of the Executive’s duties hereunder.

      

      

      
        
          

      

      
      3. Executive Loyalty.  Except as otherwise permitted by Paragraph 2, the Executive shall
          devote all of his time, attention, knowledge, and skill solely and exclusively to the business and interests of the Employer, and the Employer shall be entitled to all benefits and profits arising from or incident to any and all work, services,
          and advice of the Executive.  The Executive expressly agrees that during the term of this Agreement, he shall not engage, directly or indirectly, as a partner, officer, director, member, manager, stockholder, advisor, agent, employee, or in any
          other form or capacity, in any other business similar to that of the Employer.

      

      

      4. Term of Employment.  This Agreement shall become effective upon the date first set forth
          above and continue in effect until terminated in accordance with Paragraph 6.

      

      

      5. Compensation.

      

      

      A. The Employer shall pay the Executive an annual base salary of $1,500,000 (the “Base
            Salary”), payable in substantially equal installments in accordance with the Employer’s payroll policy from time to time in effect.  The Executive’s salary shall be subject to any payroll or other deductions as may be required to be made
          pursuant to law, government order, or by agreement with, or consent of, the Executive.  The Compensation Committee of the Board (the “Compensation
            Committee”) shall review at least annually the Executive’s Base Salary for possible increase and may, in its sole discretion and in accordance with applicable rules and regulations of the Securities and Exchange Commission and the New
          York Stock Exchange, periodically increase the Executive’s Base Salary.

      

      

      B. The Executive shall be eligible to earn annual performance and/or discretionary bonuses as determined each year at the discretion of the Compensation Committee based upon goals
          developed each year by the Compensation Committee in consultation with the Executive.  The Executive shall be entitled to participate in all bonus or incentive plans applicable to the senior executives of the Employer.  For each calendar year
          during the term of employment, the Executive’s target bonus shall be one hundred fifty percent (150%) of the Executive’s Base Salary then in effect, with a maximum payout of three hundred percent (300%) of the Executive’s Base Salary then in
          effect.   Bonus compensation earned and payable pursuant hereto shall be paid in non-deferred cash in the calendar year following the fiscal year for which the bonus is earned, and in no event shall such payment be made later than March 15 of
          such following calendar year.

       

        

      
        C. The Executive shall be eligible for grants of equity compensation as follows:

      

      
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      (1) For each calendar year during the term of employment, the Executive shall be eligible for grants of equity compensation at the discretion of the Compensation Committee.  Any
          equity compensation will be granted under and subject to the terms and conditions of an equity compensation plan of the Employer as then in effect.  The Compensation Committee shall establish the terms and conditions of such equity compensation
          in its discretion with consideration to the compensation packages paid to executives performing the same functions as executives for businesses similar to the Employer (which, for 2021, the Compensation Committee has determined to be
          $15,000,000).

      

      

      (2) Notwithstanding anything contained in any award agreement or plan to the contrary, in the event that upon a Change in Control (as hereinafter defined) the surviving, continuing,
          successor or purchasing corporation or other business entity or affiliate thereof does not assume or continue any then outstanding equity or equity-based awards awarded pursuant to this Paragraph 5C (of both this Agreement and the Original
          Agreement) or grant substitute awards or rights, (i) any such then outstanding awards whose vesting is not subject to performance-based conditions shall vest immediately prior to the Change in Control and (ii) any then outstanding equity or
          equity-based awards that are subject to performance-based vesting conditions shall be treated in accordance with Paragraph 7C of this Agreement (provided, however, that in this context the vesting date shall be immediately prior to the Change in
          Control and shall occur irrespective of actual termination). For the sake of clarification, Executive shall be entitled to the benefit of clauses (i) and (ii) above if the substitute awards or rights (w) do not preserve, immediately after the
          Change in Control relative to immediately prior to the Change in Control, the economic value of the then outstanding equity or equity-based awards awarded pursuant to this Paragraph 5C (of both this Agreement and the Original Agreement), (x) do
          not adhere to the same vesting dates, with the same economic value that otherwise would have vested on such vesting dates, as those applicable to the then outstanding equity or equity-based awards awarded pursuant to this Paragraph 5C (of both
          this Agreement and the Original Agreement), (y) are not subject to the terms of Paragraph 7 below, or (z) purport to impose restrictive covenants other than those set forth in this Agreement.

      

      

      D. During the term of this Agreement, the Employer shall include the Executive in any 401(k), deferred compensation, savings plan, life insurance, disability insurance, medical,
          dental or health insurance, paid time off, and other benefit plans or programs maintained by the Employer for the benefit of its executives. The Executive acknowledges and agrees that certain fringe benefits may be subject to income tax
          withholding and reporting to the extent required by the Internal Revenue Code of 1986, as amended (the “Code”).

      

      

      E. The Employer shall reimburse the Executive for all reasonable and approved business expenses (which shall include, without limitation, first class air travel for business
          purposes), provided the Executive submits paid receipts or other documentation acceptable to the Employer and as required by the Internal Revenue Service to qualify as ordinary and necessary business expenses under the Code.

      

      

      F. The Employer and Executive each acknowledge that amounts paid under this Agreement are subject to the Employer’s Clawback Policy, effective as of March 10, 2013, as the same may
          be amended from time to time.

      

      

      
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      6. Termination.  The Executive’s services shall terminate upon the first to occur of
          the following events:

      

      

      A. Upon the Executive’s date of death or the date the Executive is given written notice that he has been deemed to be disabled.  For purposes of this Agreement, the Executive shall
          be deemed to be disabled if the Executive, as a result of illness or incapacity, shall be unable to perform substantially his required duties for a period of four (4) consecutive months or for any aggregate period of six (6) months in any twelve
          (12) month period.  Such determination shall be made in the good faith determination of the Board.

      

      

      B. On the date the Employer provides the Executive with written notice that he is being terminated for “Cause.”  For purposes of this Agreement, the Executive shall be deemed
          terminated for “Cause” if the Employer terminates the Executive after the Executive:

      

      

      (1) shall be convicted of, or admitted, plea bargained, or entered a plea of no contest or nolo contendere to, any felony or any other act involving fraud, theft,
          misappropriation, dishonesty, or embezzlement;

      

      

      (2) shall have committed willful wrongdoing that materially impairs the goodwill or business of the Employer or any of its subsidiaries or affiliates or causes material damage to
          its or their property, goodwill, or business;

      

      

      (3) shall have refused to, or willfully failed to, perform his material duties hereunder; or

      

      

      (4) shall have engaged in conduct that constitutes a breach of any fiduciary duty or duty of loyalty owed to the Employer or any of its subsidiaries or affiliates; or

      

      

      (5) shall have committed a material violation of any state or federal securities laws.

      

      

      A termination of employment by the Employer for Cause shall be effectuated by giving the Executive written notice (“Notice of Termination for Cause”) of the termination within thirty (30) days of the event constituting Cause, or, if later, within thirty (30) days
        of the Board first obtaining knowledge of such event, setting forth in reasonable detail the specific conduct of the Executive that constitutes Cause and the specific provisions of this Agreement on which the Employer relies. To the extent the
        event giving rise to Cause is susceptible to cure, the Employer shall not terminate the Executive’s employment hereunder unless the Executive has not, within thirty (30) days following receipt of Notice of Termination for Cause, taken all
        reasonable steps to cure such event giving rise to Cause. In addition, at the Board’s sole discretion, the Executive may be placed on a paid administrative leave of absence for a reasonable period of time, but only to the extent reasonably
        necessary to confirm that grounds exist for a termination for Cause, for example, pending the outcome of an investigation.

      

      

      
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      Any voluntary termination by the Executive in knowing anticipation of a termination for Cause under this subparagraph B, or a
        separation for other than Cause at a time when grounds for termination for Cause exist, shall be deemed a termination for Cause.

      

      

      C. On the date the Employer terminates the Executive’s employment for any reason other than a reason otherwise set forth in Paragraph 6A (death or
          Disability) or Paragraph 6B (for Cause), provided that the Employer shall give the Executive ninety (90) days written notice prior to such date of its intention to terminate the Executive’s employment, and provided further, that notwithstanding
          such notice period, the Employer may elect to terminate the Executive’s employment at any time prior to the expiration of such notice period so long as Employer pays the Executive that which would otherwise be due for the 90-day notice period had
          such period not been shortened.  During such 90-day notice period, and regardless of any shortening of the notice period by Employer, the Executive may elect to exercise his retirement rights under Section 6E hereof.

      D. On the date the Executive terminates his employment for “Good Reason.” For purposes of this Agreement, “Good Reason” means:

      

      (1) the assignment to the Executive of any duties materially inconsistent in any respect with Paragraph 2 of this Agreement, or any other action by the
          Employer that results in a material diminution in the Executive’s title, authority, duties, responsibilities, or reporting relationships (for the sake of clarification, a Change in Control in itself shall not constitute grounds for Good Reason
          unless there shall also have been such assignment of such duties or such material diminution (which, for the sake of further clarification, shall include Executive’s having ceased to be the President and Chief Executive Officer of a
          publicly-traded company));

      

      

      (2) any material diminution in the Executive’s Base Salary, bonus opportunity, or general equity compensation level;

      

      

      (3) any failure of the Employer to pay the Executive any sum due under this Agreement or to grant the awards contemplated by Paragraph 5C(1) and (2) of
          this Agreement;

      

      

      (4) any material breach of this Agreement by the Employer; or

      

      

      (5) upon a Change in Control, the failure or refusal of the surviving, continuing, successor or purchasing corporation to assume this Agreement.

      

      

      A termination of employment by the Executive for Good Reason shall be effectuated by giving the Employer written notice (“Notice of Termination for Good Reason”) of the termination within thirty (30) days of the event constituting Good Reason setting forth in reasonable
        detail the specific conduct of the Employer that constitutes Good Reason and the specific provisions of this Agreement on which the Executive relies.  A termination of employment by the Executive for Good Reason shall be effective on the thirtieth
        (30th) day following the date when the Notice of Termination for Good Reason is given, unless the Employer, to the extent the event giving rise to Good Reason is susceptible to cure, cures the condition or event constituting Good Reason
        within thirty (30) days following receipt of the Executive’s Notice of Termination for Good Reason.

      
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      E. On the date the Executive voluntarily retires at or after reaching age 65, provided that the Executive shall give the Employer one (1)-year written notice prior to such date of
          his intention to so retire and provided further, that notwithstanding such notice period, the Employer may elect to terminate the Executive’s employment at any time prior to the expiration of such notice period so long as Employer pays the
          Executive all compensation elements (including but not limited to base salary, bonuses, and equity compensation vestings) which would otherwise be due for the one (1)-year notice period had such period not been shortened, and, in the event the
          Employer makes such an election, the Executive shall, subject to his then-current personal and professional obligations, make himself reasonably available to provide transition assistance to his successor for the remainder of such one (1)-year
          notice period if and to the extent requested by the Board.

      

      

      F. On the date the Executive resigns for any reason other than a reason set forth in Paragraph 6D or Paragraph 6E, provided that the Executive shall give the Employer ninety (90)
          days written notice prior to such date of his intention to so resign and provided further, that notwithstanding such notice period, the Employer may elect to terminate the Executive’s employment at any time prior to the expiration of such notice
          period, so long as Employer pays the Executive that which would otherwise be due for the 90-day notice period had such period not been shortened.

      

      

      7. Compensation Upon Termination.

      

      

      A. If the Executive’s employment terminates for any reason, the Executive shall be entitled to (i) his salary through his final date of employment, (ii) any accrued but unused
          vacation pay, and (iii) any earned but unpaid bonus pursuant to Paragraph 5B above for the calendar year preceding the calendar year in which his employment terminates (which bonus shall be payable in accordance with Paragraph 5B above).  The
          Executive also shall be entitled to any benefits mandated under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) or required under the terms of any death, insurance, or retirement plan, program, or agreement provided by the
          Employer and to which the Executive is a party or in which the Executive is a participant, including, but not limited to, any short-term or long-term disability plan or program, if applicable.

      

      

      B. If the Executive’s employment terminates pursuant to Paragraph 6C (without Cause) or Paragraph 6D (for Good Reason) other than within twenty-four (24) months following a Change
          in Control (as hereinafter defined), and the Executive complies with the release requirements set forth in Paragraph 7F, the Executive shall be entitled to receive, in addition to the general payments and benefits set forth in Paragraph 7A:

      
        

        

        (i) a cash payment equal to the sum of (I) one hundred fifty percent (150%) of the Executive’s Base Salary then in effect and (II) one
            hundred fifty percent (150%) of the Executive’s target annual bonus then in effect;

        

        

        
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        (ii) notwithstanding anything contained in any award agreement or plan to the contrary, any then outstanding non-vested stock options,
            restricted stock, or other equity or equity-based awards awarded pursuant to Paragraph 5C of this Agreement or the Original Agreement, whose vesting is not subject to performance-based conditions shall immediately vest on the Executive’s last
            day of employment;

        

        

        (iii) notwithstanding anything contained in any award agreement or plan to the contrary, a prorated portion of then outstanding equity
            or equity-based awards previously awarded pursuant to Paragraph 5C of this Agreement or the Original Agreement that are subject to performance-based vesting conditions shall immediately vest on the Executive’s last day of employment, subject to
            the achievement then-to-date of the identified performance metrics at or above the specified threshold level for vesting. The prorated portion of such outstanding awards granted for each performance period that will vest shall be determined as
            follows:

        

        

        (I) first, the proration of each performance-based award shall be determined by the number of fiscal quarters
          elapsed from the commencement of the relevant performance period through the end of the fiscal quarter in which such date of termination occurs, which number of quarters elapsed shall be the numerator, and the denominator of which shall be the
          total number of fiscal quarters in each such performance period (i.e., 5/12th or 9/12th, etc.); and

        

        

        (II) subject to a multiplier between the fifty percent (50%) threshold level and the two hundred percent (200%)
          maximum level, as calculated by reference to the projected final achievement of the metric for the entire performance period, with the projected final achievement based on the straight-line extrapolation of actual achievement to date (as measured
          from the commencement of the relevant performance period through the end of the fiscal quarter in which such date of termination occurs) through the end of the relevant performance period.

        

        

        (iv) notwithstanding anything contained in that certain Option Agreement, dated October 9, 2017, providing for an option to purchase
            375,000 shares of the Employer’s common stock (the “Option Agreement”), or in any plan to the contrary, the three (3)-month post-employment
            exercise period in the Option Agreement provided for the vested portion of such stock option shall be extended to three (3) years following his last day of employment, subject to the other terms and conditions of the Option Agreement (including
            expiration of the stock option upon the scheduled expiration of the term of the stock option if the scheduled expiration date is before the end of such three (3)-year period).

        

        

         

      C.   If the Executive’s services are terminated pursuant to Paragraph 6C (without Cause) or 6D (for Good Reason) within twenty-four (24) months following a Change in Control, and the Executive complies with the release
          requirements set forth in Paragraph 7F, the Executive shall be entitled to receive, in addition to the general payments and benefits set forth in Paragraph 7A:

      

      

      
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      (i)   a cash payment equal to the sum of (I) two hundred percent (200%) of the Executive’s Base Salary then in effect and (II) two hundred percent (200%) of the Executive’s target annual bonus then in effect;

      

      

      (ii)   notwithstanding anything contained in any award agreement or plan to the contrary, (I) any then outstanding non-vested stock options, restricted stock, restricted stock unit or other equity or equity-based awards awarded
          pursuant to Paragraph 5C of this Agreement or the Original Agreement whose vesting is not subject to performance-based conditions shall immediately vest on the Executive’s last day of employment, and (II) any then outstanding equity or
          equity-based awards that are subject to performance-based vesting conditions shall immediately vest on the Executive’s last day of employment based upon the greater of (A) target performance, based on the assumption that such target performance
          had been achieved, and (B) the projected final achievement of the performance metric through the measurement period, provided that where applicable, such projected final achievement shall be based on straight-line extrapolation of actual
          achievement (as of the date of termination) through the end of the respective performance metric period, except to the extent vesting is determined by reference to any completed fiscal year, then actual performance for such completed fiscal year
          shall be used; and

      

      

      (iii)   any then outstanding stock options covered by the Option Agreement shall be treated in accordance with clause (iv) of Paragraph 7B of this Agreement.

      

      

      (iv)   For purposes of this Paragraph 7,  “Change in Control” means the occurrence of any of the following events after the date hereof:

      

      

      (1)   The acquisition (other than by an Excluded Person (as hereinafter defined)), directly or indirectly, in one or more transactions, by any person or by any group of persons, within the meaning of Section 13(d) or 14(d) of the
          Securities Exchange Act of 1934, as amended from time to time (the “Exchange Act”) of beneficial ownership (within the meaning of Rule 13d-3 of
          the Exchange Act) of more than fifty percent (50%) of either the outstanding shares of common stock or the combined voting power of the Employer’s outstanding voting securities entitled to vote generally, whether or not the acquisition was
          previously approved by the existing directors, other than an acquisition that complies with clause (x) and (y) of clause (2) below;

      

      

      (2)   Consummation of a reorganization, merger, or consolidation of the Employer or the sale or other disposition of all or substantially all of the Employer’s assets unless, immediately following such event, (x) all or
          substantially all of the stockholders of the Employer immediately prior to such event own, directly or indirectly, more than fifty percent (50%) of the then outstanding voting securities of the resulting corporation (including without limitation,
          a corporation which as a result of such event owns the Employer or all or substantially all of the Employer’s assets either directly or indirectly through one or more subsidiaries) and (y) the securities of the surviving or resulting corporation
          received or retained by the stockholders of the Employer are publicly traded;

      

      

      (3)   Approval by the stockholders of the complete liquidation or dissolution of the Employer; or

      

      

      
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      (4)   A change in the composition of a majority of the directors on the Board within any 12-month period if not approved by a majority of the pre-existing directors.

      

      

      
        A transaction shall not constitute a Change in Control if its sole purpose is to change the state of the Employer’s incorporation or
          to create a holding company that will be owned in substantially the same proportions by the persons who held the Employer’s securities immediately before such transaction. “Excluded Person” means: (i)   any person described in and satisfying the conditions of Rule 13d-1(b)(1) under the Exchange Act; (ii) the Employer; or (iii)   an employee benefit plan (or related trust) sponsored or maintained by the
          Employer or its successor.

         

        

      

      D.   The Executive shall have no duty to mitigate damages and none of the payments provided in this Paragraph 7 shall be reduced by any amounts earned or received by the Executive from a third party at any time. Notwithstanding
          anything to the contrary in Paragraph 7C if, in connection with a Change in Control, the Executive voluntarily enters a new written employment agreement with the Employer or the successor or acquiring entity, the Executive will no longer be
          entitled to the payments and benefits under Paragraph 7C.

      

      

      E.   In the event that the Executive’s employment is terminated pursuant to Paragraph 6E of this Agreement pursuant to a notice of his retirement, and the Executive complies with the release requirements set forth in Paragraph 7F
          below, in addition to the general payments and benefits set forth in Paragraph 7A as well as the payment of all compensation elements (including but not limited to base salary, bonuses, and equity compensation vestings) which would otherwise be
          due for the one (1)-year notice period, any then outstanding equity or equity-based awards shall be treated in accordance with Paragraph 7C(ii) of this Agreement and any then outstanding stock options granted pursuant to the Option Agreement
          shall be treated in accordance with Paragraph 7B(iv) of this Agreement.  After the Executive has given notice under Paragraph 6E of his intention to retire, if the Executive’s employment subsequently is terminated under Paragraph 6C (without
          Cause) or Paragraph 6D (for Good Reason) of this Agreement, the terms of the first sentence of this Paragraph 7E shall nevertheless govern the treatment of any then outstanding equity or equity-based awards and any then outstanding stock options
          granted pursuant to the Option Agreement.

      

      

      F.   The Executive shall be entitled to the payments and benefits (including equity acceleration) set forth in Paragraphs 7B, 7C or 7E above, if and as applicable, above, provided he signs a release and waiver agreement provided
          by the Employer in substantially the form attached hereto as Exhibit A (the “Release”). The Executive must sign and tender the Release not later than sixty (60) days following the Executive’s last day of employment, or such earlier date as required by the Employer, and if the Executive fails
          or refuses to do so, the Executive shall forfeit the right to such termination compensation as would otherwise be due and payable.  If the cash severance payment (if applicable) is otherwise subject to Section 409A of the Code, subject to
          Paragraph 16, it shall be paid on the first pay period following the date that is sixty (60) days after the Executive’s employment terminates.  If the cash severance payment (if applicable) is not otherwise subject to Section 409A of the Code, it
          shall be paid on the first pay period after the Release becomes effective.

      

      

      
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      G.   In the event that the Executive’s employment is terminated pursuant to Paragraph 6A of this Agreement (death or Disability), in addition to the general payments and benefits set forth in Paragraph 7A, and notwithstanding
          anything contained in any award agreement or plan to the contrary, (i) any then outstanding non-vested stock options, restricted stock, restricted stock unit or other equity or equity-based awards awarded pursuant to Paragraph 5C of this
          Agreement or the Original Agreement whose vesting is not subject to performance-based conditions shall immediately vest on the Executive’s last day of employment, and (ii) any then outstanding equity or equity-based awards that are subject to
          performance-based vesting conditions shall be treated in accordance with Paragraph 7C(ii) of this Agreement.

      

      

      8.   Section 280G.  Notwithstanding any provision of this Agreement or any other applicable agreement or arrangement, if it is determined
          that any payment, distribution, transfer, or benefit by the Employer or a direct or indirect subsidiary or affiliate of the Employer, to or for the benefit of Executive or Executive’s dependents, heirs or beneficiaries (whether such payment,
          distribution, transfer, benefit or other event occurs pursuant to the terms of this Agreement or otherwise) (each, a “Payment” and collectively,
          the “Payments”) is subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”) then, the Payments shall either be (i) delivered in full, or (ii) delivered in such amount so that no portion of the Payments would be subject to the Excise Tax, whichever of the
          foregoing results in the receipt by the Executive and his dependents, heirs and beneficiaries of the greatest benefit on an after-tax basis (taking into account the applicable federal, state and local income taxes and the Excise Tax).  The
          determination that a Payment is subject to the Excise Tax shall be made in writing by the principal certified public accounting firm then retained by the Employer to audit its annual financial statements (the “Accounting Firm”).  Such determination shall include the amount of the Excise Tax and detailed computations thereof, including any assumptions and inputs used in such
          computations. The determination of the Accounting Firm shall be shared with the Employer and the Executive in draft form before it is finalized and the Employer and the Executive shall review concurrently and work in good faith collectively with
          the Accounting Firm to resolve any questions or open issues associated with the draft form.   Upon such resolution, or other approval of the determination,  the Accounting Firm shall finalize its determination and it shall thereafter be deemed
          final and binding upon both the Employer and the Executive.

      

      

      9.   Confidentiality.

      

      

      A.   The Executive will not at any time (whether during or after his employment with the Employer), unless compelled by lawful process, disclose or use for his own benefit or purposes or the benefit or purposes of any other
          person, firm, partnership, joint venture, association, corporation or other business organization, entity or enterprise other than the Employer and any of its subsidiaries or affiliates, any trade secrets, or other confidential data or
          information relating to customers, development programs, costs, marketing, trading, investment, sales activities, promotion, credit and financial data, financing methods, or plans of the Employer or any subsidiary or affiliate of the Employer
          (collectively, “Confidential Information”); provided that the foregoing shall not apply to information which is not unique to the Employer or any
          subsidiary or affiliate of the Employer or which is generally known to the industry or the public other than as a result of the Executive’s breach of this covenant.  The Executive agrees that upon termination of his employment with the Employer
          for any reason, he will return to the Employer immediately all memoranda, books, papers, plans, information, letters and other data, and all copies thereof or therefrom, in any way relating to the business of the Employer or subsidiary or
          affiliate of the Employer, except that he  may retain personal notes, notebooks and diaries that do not contain confidential information of the type described in the preceding sentence.  The Executive further agrees that he will not retain or use
          for his account at any time any trade names, trademark or other proprietary business designation used or owned in connection with the business of the Employer or any subsidiary or affiliate of the Employer.

      

      

      
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      B.   Notwithstanding anything herein to the contrary, the Executive is hereby notified, in accordance with the Defend Trade Secrets Act of 2016, that the Executive will not be held criminally or civilly liable under any federal or
          state trade secret law for the disclosure of a trade secret that:  (a) is made (i) in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney; and (ii) solely for the purpose of reporting or
          investigating a suspected violation of law; or (b) is made in a complaint or other document that is filed under seal in a lawsuit or other proceeding.  The Executive is further notified that if he or she files a lawsuit for retaliation by the
          Employer for reporting a suspected violation of law, the Executive may disclose the Employer’s trade secrets to his or her attorney and use the trade secret information in the court proceeding if the Executive (a) files any document containing
          the trade secret under seal; and (b) does not disclose the trade secret, except pursuant to court order.  Further, notwithstanding anything in this Agreement to the contrary, nothing contained herein prohibits the Executive from reporting,
          without the prior authorization of the Employer and without notifying the Employer, possible violations of federal law or regulation to the United States Securities and Exchange Commission, the United States Department of Justice, the United
          States Congress or other governmental agency having apparent supervisory authority over the business of the Employer, or making other disclosures that are protected under the whistleblower provisions of Federal law or regulation.

      

      

      10.   Restrictive Covenants.

      

      

      A.   Non-Solicitation (Employees).  During the Executive’s employment with the Employer and for eighteen (18) months after the Executive’s
          date of termination, the Executive shall not, directly or indirectly, either as an individual or as an employee, agent, consultant, advisor, independent contractor, general partner, officer, director, stockholder, investor, lender, or in any
          other capacity whatsoever, of any person, firm, corporation, or partnership, induce or attempt to induce, or hire, any person, who at the time of such inducement or hire is an employee of the Employer (or who was, within the six (6) months prior
          to such inducement or hire, an employee) to perform work or service for any other person or entity other than the Employer.  For purposes of Paragraph 10, “Employer” shall include each of the subsidiaries and affiliates of the Employer as first
          defined above.

      

      

      B.   Non-Solicitation (Customers).  During the Executive’s employment with the Employer and for eighteen (18) months after the Executive’s
          date of termination, the Executive shall not, directly or indirectly: (i) contact or solicit, or direct any person, firm, corporation, association or other entity to contact or solicit, any of the Employer’s customers for the purpose of providing
          any products and/or services that are the same as or similar to the products and services provided by the Employer to its customers during the term of the Executive’s employment; or (ii) divert or attempt to divert, for his direct or indirect
          benefit, or for the benefit of any other person, firm, corporation, association or other entity, the business of any customer of the Employer; or (iii) influence or attempt to influence any customer of the Employer to transfer its business to the
          Executive or any person, firm, corporation, association or other entity; or (iv) in any other manner knowingly interfere with, disrupt or attempt to disrupt the relationship of the Employer with any of its customers.  In addition, the Executive
          will not disclose the identity of any such customers to any person, firm, corporation, association, or other entity for any reason or purpose whatsoever.

      

      

      
        11

        
          

      

      C.   Non-competition.  During the Executive’s employment with the Employer and for eighteen (18) months after the Executive’s date of
          termination, the Executive shall not, directly or indirectly, engage or participate in or in any way render services or assistance to (including, without limitation, as an officer, director, employee, consultant, agent, lender or equityholder)
          any business that competes, directly or indirectly, with any product or service of the Employer or any of its subsidiaries or affiliates within in any state, commonwealth or territory of the United States.

      

      

      D.   Nondisparagement.  The Executive agrees that he will not disparage the Employer or its directors, officers, employees, affiliates,
          subsidiaries, predecessors, successors or assigns in any written or oral communications to any third party.  The Executive further agrees that he will not direct anyone to make any disparaging oral or written remarks to any third parties.  The
          Employer agrees that it (through a press release or similar public announcement) and its directors and senior executive officers will not disparage the Executive in any written or oral communications to any third party.  The Employer further
          agrees that it will not direct anyone to make any disparaging oral or written remarks to any third parties.

      

      

      E.   Inventions.  The Executive recognizes and agrees that all ideas, inventions, patents, copyrights, copyright designs, trade secrets,
          trademarks, processes, discoveries, enhancements, software, source code, catalogues, prints, business applications, plans, writings, and other developments or improvements and all other intellectual property and proprietary rights and any
          derivative work based thereon (the “Inventions”) made, conceived, or completed by the Executive, alone or with others, during the term of his
          employment, whether or not during working hours, that are within the scope of the Employer’s business operations or that relate to any of the Employer’s work or projects (including any and all inventions based wholly or in part upon ideas
          conceived during the Executive’s employment with the Employer), are the sole and exclusive property of the Employer.  The Executive further agrees that (1) he will promptly disclose all Inventions to the Employer and hereby assigns to the
          Employer all present and future rights he has or may have in those Inventions, including without limitation those relating to patent, copyright, trademark or trade secrets; and (2) all of the Inventions eligible under the copyright laws are “work
          made for hire.”  At the request of the Employer, the Executive will do all things deemed by the Employer to be reasonably necessary to perfect title to the Inventions in the Employer and to assist in obtaining for the Employer such patents,
          copyrights or other protection as may be provided under law and desired by the Employer, including but not limited to executing and signing any and all relevant applications, assignments or other instruments.  The Executive hereby irrevocably
          designates and appoints the Employer and its duly authorized officers and agents as the Executive’s agents and attorneys‐in‐fact to act for and on the Executive’s behalf and instead of the Executive, to execute and file any documents and to do
          all other lawfully permitted acts to further the above purposes with the same legal force and effect as if executed by the Executive, and the Executive acknowledges that this designation and appointment constitutes an irrevocable power of
          attorney and is coupled with an interest.  Notwithstanding the foregoing, pursuant to Sections 2870 and 2872 of the California Labor Code, the Employer hereby notifies the Executive that the provisions of this Paragraph 10E shall not apply to any
          Inventions for which no equipment, supplies, facility or trade secret information of the Employer was used and which were developed entirely on the Executive’s own time, unless (1) the Invention relates (i) to the business of the Employer, or
          (ii) to actual or demonstrably anticipated research or development of the Employer, or (2) the Invention results from any work performed by the Executive for the Employer.  A copy of Code Sections 2870 and 2872 will be made available to the
          Executive upon his request.

      

      

      
        12

        
          

      

      11.   Notices.  All notices and other communications hereunder shall be in writing and shall be deemed delivered and effective upon the
          earliest of (a) personal delivery, (b) electronic confirmation of a facsimile transmission received in its entirety at the applicable facsimile number indicated below with a confirmatory copy sent for overnight delivery the next business day by
          recognized overnight commercial courier service (such as Federal Express), with all charges prepaid or charged to the sender’s account, to the applicable address set forth below or (c) delivery by recognized overnight courier service, with all
          charges prepaid or charged to the sender’s account, to the applicable address set forth below or at such other address as shall be specified in writing in accordance with this Paragraph:

      

      

      If to the Executive, to:

      

      

      Joseph M. Zubretsky

      c/o Executive’s home address that the Employer then has on file,

      

      

      which notice shall also be emailed to:

      

      

      joe_zubretsky@hotmail.com

      

      

      with a copy, which shall not constitute notice, to:

      

      

      Lance J. Gotko

      Friedman Kaplan Seiler & Adelman LLP

      7 Times Square

      New York, NY 10036

      lgotko@fklaw.com

      

      

      If to Employer, to:

      

      

      Molina Healthcare, Inc.

      Attention:  General Counsel

      200 Oceangate, Suite 100

      Long Beach, CA  90802

      Facsimile No:  (562) 499-0612

      

      

      
        13

        
          

      

      12.  Waiver

              of Breach.  A waiver by the Employer of a breach of any provision of this Agreement by the Executive shall not operate or be construed as a waiver or estoppel of any subsequent breach by the Executive.  No waiver shall be valid
          unless in writing and signed by an authorized officer of the Employer.

      

      

      13.  Assignment. 

          This Agreement is personal in its nature and neither of the parties hereto shall, without the consent of the other, assign or transfer this Agreement or any rights or obligations hereunder; provided, however, that, in the event of a merger,
          consolidation, or transfer or sale of all or substantially all of the assets of the Employer with or to any other individual(s) or entity, this Agreement shall, subject to the provisions hereof, be binding upon and inure to the benefit of such
          successor and such successor shall discharge and perform all the promises, covenants, duties, and obligations of the Employer hereunder.

      

      

      14.  Entire

              Agreement.  This Agreement sets forth the entire and final agreement and understanding of the parties and contain all of the agreements made between the parties with respect to the subject matter hereof.  This Agreement supersedes
          any and all other agreements, either oral or in writing, between the parties hereto, with respect to the subject matter hereof, including, for the avoidance of doubt, the Original Agreement.  No change or modification of this Agreement shall be
          valid unless in writing and signed by the Employer and the Executive.

      

      

      15.  Severability. 

          If any provision of this Agreement shall be found invalid or unenforceable for any reason, in whole or in part, then such provision shall be deemed modified, restricted, or reformulated to the extent and in the manner necessary to render the same
          valid and enforceable, or shall be deemed excised from this Agreement, as the case may require, and this Agreement shall be construed and enforced to the maximum extent permitted by law, as if such provision had been originally incorporated
          herein as so modified, restricted, or reformulated or as if such provision had not been originally incorporated herein, as the case may be.  The parties further agree to seek a lawful substitute for any provision found to be unlawful; provided,
          that, if the parties are unable to agree upon a lawful substitute, the parties desire and request that a court or other authority called upon to decide the enforceability of this Agreement modify those restrictions in this Agreement that, once
          modified, will result in an agreement that is enforceable to the maximum extent permitted by the law in existence at the time of the requested enforcement.

      

      

      16.  Section

              409A.

      

      

      A.  The Employer and the Executive intend that the payments and benefits provided for
          in this Agreement either be exempt from Section 409A of the Code, or be provided in a manner that complies with Section 409A of the Code, and any ambiguity herein shall be interpreted so as to be consistent with the intent of this Paragraph 16. 
          In no event whatsoever shall the Employer be liable for any additional tax, interest or penalty that may be imposed on the Executive by Section 409A of the Code or damages for failing to comply with Section 409A of the Code.  Notwithstanding
          anything contained herein to the contrary, all payments and benefits under Paragraph 7 of this Agreement shall be paid or provided only at the time of a termination of the Executive’s employment that constitutes a “separation from service” from
          the Employer within the meaning of Section 409A of the Code and the regulations and guidance promulgated thereunder (determined after applying the presumptions set forth in Treas. Reg. Section 1.409A-1(h)(1)).  Further, if at the time of the
          Executive’s termination of employment with the Employer, the Executive is a “specified employee” as defined in Section 409A of the Code as determined by the Employer in accordance with Section 409A of the Code, and the deferral of the
          commencement of any payments or benefits otherwise payable hereunder as a result of such termination of employment is necessary in order to prevent any accelerated or additional tax under Section 409A of the Code, then the Employer will defer the
          commencement of the payment of any such payments or benefits hereunder (without any reduction in payments or benefits ultimately paid or provided to the Executive) until the date that is at least six (6) months following the Executive’s
          termination of employment with the Employer (or the earliest date permitted under Section 409A of the Code), whereupon the Employer will pay the Executive a lump-sum amount equal to the cumulative amounts that would have otherwise been previously
          paid to the Executive under this Agreement during the period in which such payments or benefits were deferred.

      

      

      
        14

        
          

      

      B.  Notwithstanding anything to the contrary in this Agreement, in-kind benefits and
          reimbursements provided under this Agreement during any calendar year shall not affect in-kind benefits or reimbursements to be provided in any other calendar year, other than an arrangement providing for the reimbursement of medical expenses
          referred to in Section 105(b) of the Code, and are not subject to liquidation or exchange for another benefit.  Notwithstanding anything to the contrary in this Agreement, reimbursement requests must be timely submitted by the Executive and, if
          timely submitted, reimbursement payments shall be promptly made to the Executive following such submission, but in no event later than December 31st of the calendar year following the calendar year in which the expense was incurred. 
          In no event shall the Executive be entitled to any reimbursement payments after December 31st of the calendar year following the calendar year in which the expense was incurred.  This subparagraph B shall only apply to in-kind benefits
          and reimbursements that would result in taxable compensation income to the Executive.

      

      

      C.  In the event that following the date hereof the Employer or the Executive
          reasonably determines that any compensation or benefits payable under this Agreement may be subject to Section 409A of the Code, the Employer and the Executive shall work together to adopt such amendments to this Agreement or adopt other policies
          or procedures (including amendments, policies and procedures with retroactive effect), or take any other commercially reasonable actions necessary or appropriate to (x) exempt the compensation and benefits payable under this Agreement from
          Section 409A of the Code and/or preserve the intended tax treatment of the compensation and benefits provided with respect to this Agreement or (y) comply with the requirements of Section 409A of the Code and related Department of Treasury
          guidance.

      

      

      17.  Execution

              of Agreement.  This Agreement may be executed in several counterparts, each of which shall be considered an original, but which when taken together, shall constitute one agreement.

      

      

      18.  Recitals. 

          The recitals to this Agreement are incorporated herein as an integral part hereof and shall be considered as substantive and not precatory language.

      

      

      
        15

        
          

      

      19.  Arbitration. 

          Any controversy, claim or dispute between the parties relating to the Executive’s employment or termination of employment, whether or not  the controversy, claim or dispute arises under this Agreement, shall be resolved by arbitration in
          accordance with the Employment Arbitration Rules and Mediation Procedures (“Rules”) of the American Arbitration Association through a single
          arbitrator in Hartford, Connecticut selected in accordance with the Rules (except as provided in Paragraph 20).  The decision of the arbitrator shall be rendered within thirty (30) days of the close of the arbitration hearing and shall include
          written findings of fact and conclusions of law reflecting the appropriate substantive law.  Judgment upon the award rendered by the arbitrator may be entered in any court having jurisdiction thereof in the State of Connecticut.  In reaching his
          or her decision, the arbitrator shall have no authority (a) to authorize or require the parties to engage in discovery other than document discovery (provided, however, that the arbitrator may schedule the time by which the parties must exchange
          copies of the exhibits that, and the names of the witnesses whom, the parties intend to present at the hearing), (b) to change or modify any provision of this Agreement, (c) to base any part of his or her decision on public policy arguments or
          the common law principle of constructive termination, or (d) to award punitive damages or any other damages not measured by the prevailing party’s actual damages and may not make any ruling, finding or award that does not conform to this
          Agreement.  Each party shall bear all of his, her or its own legal fees, costs and expenses of arbitration and one-half (1⁄2) of the costs of the arbitrator.

      

      

      20.  Governing

              Law.  This Agreement shall be governed by, and construed in accordance with, the laws of the State of Connecticut, without reference to its conflict of law provisions.  Furthermore, as to Paragraphs 9 or 10, the Executive and the
          Company each agree and consent to submit to personal jurisdiction in the State of Connecticut in any state or federal court of competent subject matter jurisdiction situated in Hartford, Connecticut.  The Executive and the Company further agree
          that, notwithstanding Paragraph 19, the sole and exclusive venue for any suit arising out of, or seeking to enforce, the terms of Paragraphs 9 or 10 of this Agreement shall be in a state or federal court of competent subject matter jurisdiction
          situated in Hartford, Connecticut.  In addition, the Executive and the Company each waive any right to challenge in another court any judgment entered by such court or to assert that any action instituted by the other party in any such court is
          in the improper venue or should be transferred to a more convenient forum.  Further, the Executive and the Company each waive any right he or it may otherwise have to a trial by jury in any action to enforce the terms of this Agreement.

      

      

      [Remainder of page intentionally left blank]

      
        16

        
          

      

      IN WITNESS WHEREOF, the parties
        have set their signatures on the date first written above.

       

      

       

      

       

      

      
        	 MOLINA HEALTHCARE, INC.	 	 	 EXECUTIVE:	 
	 	 	 	 	 
	 	 	 	 	 
	
                
                  /s/ Dale B. Wolf 

                  

                

              	 	 	/s/ Joseph M. Zubretsky	 
	
                By:     Dale B. Wolf

              	 	 	
                
                  Joseph M. Zubretsky

                

              	 
	
                Title:  Chairman of the Board of Directors and Chairman of the Compensation Committee

              	 	 	
                

                

              	 

         

        

      

      
        
          

      

      
      EXHIBIT A

      

      

      
        Form of Release and Waiver

        

      

      

      This Release and Waiver (this “Release”) is made and entered into as of _____________________, 20__, by and between Molina Healthcare, Inc. (the “Employer”) and Joseph M. Zubretsky (the “Executive”).

      FOR VALUABLE
          CONSIDERATION, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

      1.   Termination of Employment.  The Executive and the Employer agree that the Executive’s employment with the Employer terminated effective _______________.  The Executive further agrees that, without prior written consent of the Employer, he will not hereafter seek reinstatement, recall or reemployment with the Employer or its affiliates.  The Executive further agrees that, in the event he is employed by any company or other
          entity that is acquired by or merged with the Employer or any of its parents, subsidiaries, divisions or affiliates, he shall resign from said employment immediately upon the acquisition, and that should the Executive fail or refuse to do so,
          such entity may terminate his employment and the Executive shall have no recourse against the Employer or any of its parents, subsidiaries, divisions or affiliates.

      2.   Severance Payment.  A description of the payments to which the Executive may be entitled upon termination of
          employment is contained in Paragraphs [7B, 7C or 7E]1 of that certain Amended and Restated Employment Agreement entered into by and between the Employer and the Executive dated as of September 8, 2021, which is incorporated by reference herein
          (the “Employment Agreement”).  The payments described in the preceding sentence are over and above that to which the Executive would be otherwise
          entitled to upon the termination of his employment with the Employer, absent executing this Release, notwithstanding the terms of the Employment Agreement.  The
          Executive affirms that he has agreed in the Employment Agreement, and again herein, that he is only entitled to such payments if he executes this Release.

      
        A - 1

        
          

      

      3. Release.

      (a)  General

              Release.  In consideration of the payments to be made by the Employer to the Executive pursuant to Section 2 above, the
          Executive, with full understanding of the contents and legal effect of this Release and having the right and opportunity to consult with his counsel, hereby releases and discharges the Employer, its subsidiaries and affiliates, each of their
          respective shareholders, members, partners, officers, directors, supervisors, managers, employees, agents, representatives, attorneys, parent companies, divisions, subsidiaries and affiliates, and all related entities of any kind or nature, and
          all employee benefit plans sponsored by or contributed to by any such entities (including any fiduciaries thereof), and each of their respective predecessors, successors, heirs, executors, administrators, and assigns (collectively, the “Released Parties”) of and from any and all
          claims, actions, causes of action, grievances, suits, charges, or complaints of any kind or nature whatsoever, that he ever had or now has, whether fixed or contingent, liquidated or unliquidated, known or unknown, suspected or unsuspected, and
          whether arising in tort, contract, statute, or equity, before any federal, state, local, or private court, agency, arbitrator, mediator, or other entity, regardless of the relief or remedy, arising prior to the execution of this Release; provided, however, and subject to Section 4 below, the Release is not intended to and does not limit the Executive’s right to file a charge or participate in an investigative proceeding of
          the Equal Employment Opportunity Commission (the “EEOC”) or another governmental agency.  Without limiting the generality of the foregoing, it being the intention of the parties to make this Release as broad and as general as the law permits, this Release specifically includes any
          and all subject matters and claims arising from any alleged violation by the Released Parties under the Employment Agreement; the Age Discrimination in Employment Act of 1967, as amended; Title VII of the Civil Rights Act of 1964, as amended; the
          Civil Rights Act of 1866, as amended by the Civil Rights Act of 1991 (42 U.S.C. § 1981); the Rehabilitation Act of 1973, as amended; the Employee Retirement Income Security Act of 1974, as amended; the Worker Adjustment and Retraining
          Notification Act; the Equal Pay Act; Executive Order 11246; Executive Order 11141; the Industrial Welfare Commission’s Orders, the California Fair Employment and Housing Act, the California Constitution, the California Government Code, the
          California Labor Code, the Connecticut Fair Employment Practices Act – Conn. Gen. Stat. § 46a-51 et seq., the Connecticut Wage Laws – Conn. Gen. Stat. § 31-58 et seq., the Connecticut Statutory Provision Regarding Retaliation/Discrimination for
          Filing a Workers’ Compensation Claim – Conn. Gen. Stat. § 31-290a, the Connecticut Equal Pay Law – Conn. Gen. Stat. § 31-58(e) et seq., §§ 31-75 and 31-76, the Connecticut Family and Medical Leave Law – Conn. Gen. Stat. § 31-51kk et seq., the
          Connecticut Drug Testing Law – Conn. Gen. Stat. § 31-51t et seq., the Connecticut Whistleblower Law – Conn. Gen. Stat. § 31-51m(a) et seq., the Connecticut Free Speech Law – Conn. Gen. Stat. § 31-51q et seq., the Connecticut Age Discrimination
          and Employee Benefits Law – Conn. Gen. Stat. § 38a-543, the Connecticut Reproductive Hazards Law – Conn. Gen. Stat. § 31-40g et seq., the Connecticut AIDS Testing and Confidentiality Law - Conn. Gen. Stat. § 19a-581 et seq., the Connecticut
          Electronic Monitoring of Employees Law – Conn. Gen. Stat. § 31-48b and d, the Connecticut Statutory Provision Regarding Protection of Social Security Numbers and Personal Information – Conn. Gen. Stat. § 42-470 et seq., the Connecticut Statutory
          Provision Regarding Concerning Consumer Privacy and Identity Theft – Public Act No. 09-239, the Connecticut OSHA, as amended, and any other federal, state or local constitution, law, regulation or ordinance governing the terms and conditions of
          employment or the termination of employment; and any other statutory claim, employment or other contract or implied contract claim, claim for equity in the Employer, or common law claim for wrongful discharge, breach of an implied covenant of
          good faith and fair dealing, defamation, or invasion of privacy arising out of or involving his employment with the Employer, the termination of his employment with the Employer, or involving any continuing effects of his employment with the
          Employer or termination of employment with the Employer.  The Executive further acknowledges that he is aware that statutes exist that render null and void releases and discharges of any claims, rights, demands, liabilities, action and causes of
          action that are unknown to the releasing or discharging party at the time of execution of the release and discharge.  The Executive hereby expressly waives, surrenders and agrees to forego any protection to which he would otherwise be entitled by
          virtue of the existence of any such statute in any jurisdiction including, but not limited to, the States of Connecticut and California. The Executive acknowledges that he has been advised to consult with legal counsel and is familiar with the
          provisions of California Civil Code Section 1542.  Accordingly, IT IS EXPRESSLY UNDERSTOOD AND AGREED THAT ALL RIGHTS UNDER SECTION 1542 OF THE CIVIL CODE OF THE STATE OF CALIFORNIA ARE EXPRESSLY WAIVED BY THE EXECUTIVE.  Section 1542 reads as
          follows:

       

        

      _____________________

      

      
        1 Note to Draft:  Insert applicable cross-reference at the time of termination.

        
          A - 2

          
            

        

      

      

      

      SECTION 1542.  A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DOES NOT KNOW OR SUSPECT TO EXIST IN
        HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN BY HIM OR HER WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR RELEASED PARTY.

      (b) Exclusions.  Notwithstanding

            anything to the contrary in Section 3(a) above, nothing
            herein waives or releases: (i) the Executive’s rights to any payments the Employer is required to make pursuant to Section 2 hereof or Paragraph 7A of the Employment Agreement; (ii) the Executive’s rights to indemnification which the Executive may have as a director or officer of Employer or any of
            its subsidiaries under any agreement or such entity’s governing documents, D&O insurance policies or applicable law; (iii) the Executive’s rights with respect to the vested equity interests in the Employer held by him, which he acknowledges
            and agrees is comprised of [__] vested shares of common stock, and vested options to purchase [__] shares of common stock, at an exercise price of $[___] per
            share, which in each case are subject to the terms and conditions of the applicable equity incentive plans and award agreements; and (iv) any rights that cannot be waived as a matter of law.

      

      

      4. Covenant Not to Sue.  The Executive agrees not to bring, file, charge, claim, sue or cause, assist, or permit to be brought, filed, charged or claimed any action, cause
          of action, or proceeding regarding or in any way related to any of the claims released in Section 3 hereof, and further agrees that this Release
          is, will constitute and may be pleaded as, a bar to any such claim, action, cause of action or proceeding.  If the Executive files a charge or participates in an investigative proceeding of the EEOC or another governmental agency, or is otherwise
          made a party to any proceedings described in Section 3 hereof, the Executive will not seek and will not accept any personal equitable or
          monetary relief in connection with such charge or investigative or other proceeding; provided, however, that this Release does not limit the Executive’s right to receive an award for information provided to any governmental agencies under any
          whistleblower program.  The Executive further understands that this Release does not limit his ability to communicate with any governmental agencies or otherwise participate in any investigation or proceeding that may be conducted by any
          governmental agencies, including providing documents or other information, without notice to the Employer.

      5. Non-Disclosure.  The Executive agrees that he will keep the terms and amounts set forth in this Release completely confidential and will not disclose any
          information concerning this Release’s terms and amounts to any person other than his attorney, accountant, tax advisor, or immediate family, until such time as the information in this Release is disclosed by the Employer as may be required by
          law.

      6. Restrictive Covenants.  The Executive agrees that he will abide by the terms set forth in Paragraphs 9 and 10 of the Employment Agreement.

      
        A - 3

        
          

      

      7. Return of Employer Materials. By signing this Release, the Executive affirms having returned to the Employer all of the property of the Employer or any of its subsidiaries or
          affiliates that is in the Executive’s possession, custody or control, including, without limitation, (a) all keys, access cards, credit cards, computer hardware (including but not limited to all hard drives, diskettes, compact disks, DVDs,
          electronic storage devices, and personal data assistants, and the contents of all such hardware, as well as any passwords or codes or instructions needed to operate any such hardware), computer software and programs, data, materials, papers,
          books, files, documents, records, policies, client and customer information and lists, marketing information, design information, specifications and plans, data base information and lists, mailing lists, notes, and any other property or
          information that the Executive has or had relating to the Employer or any of its subsidiaries or affiliates (whether those materials are in paper, electronic or computer-stored form or in any other form or medium), and (b) all documents and other
          property containing, summarizing, or describing any Confidential Information (as defined in the Employment Agreement), including all originals and copies.  The Executive affirms that he has not retained any such property or information in any
          form, and will not give copies of such property or information or disclose their contents to any other person.

      8. Social Media Profiles.  The Executive agrees to update all of his social media profiles (for example, LinkedIn) within ten (10) days after the date hereof to reflect
          that he is no longer employed by or affiliated with the Employer.

      9. No Pending or Future Lawsuits. 

          The Executive represents that he has no lawsuits, claims or actions pending in his name, or on behalf of any other person or entity, against any Released Party.  The Executive also represents that he does not intend to bring any claims on his own
          behalf or on behalf of any other person or entity against any Released Party.

      10.   No Admission of Liability.  The Executive understands and acknowledges that this
          Release constitutes a compromise and settlement of any and all actual or potential disputed claims by the Executive.  No action taken by the Employer hereto, either previously or in connection with this Release, shall be deemed or construed to be
          (a) an admission of the truth or falsity of any actual or potential claims or (b) an acknowledgment or admission by the Employer of any fault or liability whatsoever to the Executive or any third party.

      11.   Representations.  The Executive hereby agrees that this Release is given knowingly and voluntarily and acknowledges that:

      (a) this Release is written in a manner understood by the Executive;

      (b) this Release refers to and waives any and all rights or claims that he may have arising under the Age Discrimination in Employment Act of 1967,
          as amended;

      (c) the Executive has not waived any rights arising after the date of this Release;

      (d) the Executive has received valuable consideration in exchange for this Release in addition to amounts the Executive is already entitled to
          receive; and

      (e) the Executive has been advised to consult with an attorney prior to executing this Release.

      
        A - 4

        
          

      

      12.   Consideration and Revocation.  The Executive is receiving this Release on ___________________, 20__, and the Executive shall be given twenty-one (21) days from receipt of this Release to consider
          whether to sign this Release.  The Executive agrees that changes or modifications to this Release do not restart or otherwise extend the above twenty-one (21) day period, unless specifically agreed to in writing by the Employer.  Moreover, the
          Executive shall have seven (7) days following execution to revoke this Release in writing to the General Counsel of the Employer, and this Release shall not take effect until those seven (7) days have ended.

      13.   Future Cooperation.  In connection with any and all claims, disputes, negotiations, investigations, lawsuits or administrative proceedings involving the Employer or any of its subsidiaries or affiliates which relate to periods of time during the Executive’s employment with the Employer, the Executive agrees subject to his then-current personal and professional obligations to
          make himself reasonably available, upon reasonable notice from
          the Employer and without the necessity of subpoena, to provide information or documents, provide declarations or statements to the Employer, meet with attorneys or other representatives of the Employer, prepare for and give depositions or
          testimony, and/or otherwise cooperate in the investigation, defense or prosecution of any or all such matters.  The Executive shall be reimbursed for reasonable costs and expenses incurred by him as a result of actions taken pursuant to this Section 13.  It is expressly agreed and understood that the Executive will provide only truthful testimony if required to do so, and that any payment to
            him is solely to reimburse his expenses and costs for cooperation with the Employer.

      14. General

      (a)   Severability.  If any provision of this Release shall be found invalid or unenforceable for any reason, in
          whole or in part, then such provision shall be deemed modified, restricted, or reformulated to the extent and in the manner necessary to render the same valid and enforceable, or shall be deemed excised from this Release as the case may require,
          and this Release shall be construed and enforced to the maximum extent permitted by law, as if such provision had been originally incorporated herein as so modified, restricted, or reformulated or as if such provision had not been originally
          incorporated herein, as the case may be.  The parties further agree to seek a lawful substitute for any provision found to be unlawful; provided, that, if the parties are unable to agree upon a lawful substitute, the parties desire and request
          that a court or other authority called upon to decide the enforceability of this Release modify those restrictions in this Release that, once modified, will result in an agreement that is enforceable to the maximum extent permitted by the law in
          existence at the time of the requested enforcement.

      (b)   Waiver.  A waiver by the Employer of a breach of any provision of this Release by the Executive shall not
          operate or be construed as a waiver or estoppel of any subsequent breach by the Executive.  No waiver shall be valid unless in writing and signed by an authorized officer of the Employer.

      (c)   Amendment.  This Release may not be altered, amended, or modified except in writing signed by both the
          Executive and the Employer.

      
        A - 5

        
          

      

      (d)   Arbitration.  Except as otherwise set forth in the Employment Agreement, any controversy, claim or dispute
          between the parties relating to or arising out of the subject matter covered by this Release shall be resolved by arbitration in accordance with the Employment Arbitration Rules and Mediation Procedures (“Rules”) of the American Arbitration Association through a single arbitrator in Hartford, Connecticut selected in accordance with the Rules.  The decision of the arbitrator
          shall be rendered within thirty (30) days of the close of the arbitration hearing and shall include written findings of fact and conclusions of law reflecting the appropriate substantive law.  Judgment upon the award rendered by the arbitrator
          may be entered in any court having jurisdiction thereof in the State of Connecticut.  In reaching his or her decision, the arbitrator shall have no authority (a) to authorize or require the parties to engage in discovery other than document
          discovery (provided, however, that the arbitrator may schedule the time by which the parties must exchange copies of the exhibits that, and the names of the witnesses whom, the parties intend to present at the hearing), (b) to change or modify
          any provision of this Agreement, (c) to base any part of his or her decision on public policy arguments or the common law principle of constructive termination, or (d) to award punitive damages or any other damages not measured by the prevailing
          party’s actual damages and may not make any ruling, finding or award that does not conform to this Release.  Each party shall bear all of his, her or its own legal fees, costs and expenses of arbitration and one-half (1⁄2) of the costs of the
          arbitrator.

      (e)   Governing Law.  This Agreement shall be governed by, and construed in accordance with, the laws of the
          State of Connecticut without reference to its conflict of law provisions.

      (f)   Entire Agreement.  This Release supersedes all prior agreements between the parties with respect to its
          subject matter and is intended (with the documents referred to herein) as a complete and exclusive statement of the terms of the agreement between the parties with respect thereto.  The Executive expressly warrants and represents that no promise
          or agreement which is not herein expressed has been made to him in executing this Release.

      (g)   Section Headings.  The section headings in this Release are for reference purposes only and shall not
          affect in any way the meaning or interpretation of this Release.

      (h)   Joint Participation.  The parties hereto participated jointly in the negotiation and preparation of this
          Release, and each party has had the opportunity to obtain the advice of legal counsel and to review and comment upon this Release.  Accordingly, it is agreed that no rule of construction shall apply against any party or in favor of any party. 
          This Release shall be construed as if the parties jointly prepared this Release, and any uncertainty or ambiguity shall not be interpreted against one party and in favor of the other.

      (i)   Execution of Release.  This Release may be executed in counterparts, each of which shall be considered an
          original, but which when taken together, shall constitute one Release.  The Release, to the extent signed and delivered by means of a facsimile machine or by PDF File (portable document format file), shall be treated in all manner and respects as
          an original agreement or instrument and shall be considered to have the same binding legal effect as if it were the originally signed version delivered in person.  At the request of either party hereto, the other party shall re-execute original
          forms hereof.

      

      

      
        A - 6

        
          

      

       PLEASE READ THIS RELEASE AND CAREFULLY CONSIDER ALL OF
          ITS PROVISIONS BEFORE SIGNING IT.  THIS RELEASE CONTAINS A RELEASE OF ALL KNOWN AND UNKNOWN CLAIMS, INCLUDING THOSE UNDER THE FEDERAL AGE DISCRIMINATION IN EMPLOYMENT ACT, AND OTHER FEDERAL, STATE AND LOCAL LAWS PROHIBITING DISCRIMINATION IN
          EMPLOYMENT.

      If the Executive signs this Release less than twenty-one (21) days after he receives it from
        the Employer, he confirms that he does so voluntarily and without any pressure or coercion from anyone at the Employer.

      [Signature page follows]

      

      
        A - 7

        
          

      

      IN WITNESS WHEREOF, the parties have executed this
        Release and Waiver as of the date first stated above.

      

      

      
        	 MOLINA HEALTHCARE, INC.	 	 	 EXECUTIVE:	 
	 	 	 	 	 
	 	 	 	 	 
	

              	 	 	

                	 
	
                By:

                  

              	 	 	
                
                  Joseph M. Zubretsky

                

              	 
	
                Title:

              	 	 	
                

                

              	 

      

       

      

       

      

      

      

      
        [Signature Page to Release and Waiver]Exhibit 10.1

 

ASSET PURCHASE AGREEMENT

(BUSINESS)

 

This Asset Purchase Agreement
(this “Agreement”) is entered into effective as of the effective date on the Signature Page below (the “Effective
Date”), among Viath LLC, a Colorado limited liability company (“Purchaser”), and the sole principals, owners
and management of Purchaser, David Lindauer, Tyler Bartholomew, Bill Anders, and Brad Billman (collectively, the “Purchaser Principals”),
and Golden Developing Solutions, Inc., a Nevada corporation (“Seller”). Purchaser, Purchaser Principals, and Seller
are individually referred to as a “Party” and, collectively, as the “Parties.”

 

RECITALS

 

Seller is in the business
of owning and operating a technology company that provides consumers with information regarding cannabis companies (the “Business”).
In accordance with the terms and conditions set forth in this Agreement, Purchaser wishes to buy, and Seller wishes to sell, the "Assets"
(as defined below), which are used in connection with the Business.

 

NOW, THEREFORE, in consideration of the premises,
mutual promises, covenants, terms and conditions herein, and other good and valuable considerations, the receipt and sufficiency of which
are hereby acknowledged by the parties hereto, the Parties hereby agree as follows:

 

AGREEMENT

 

1.       Purchase of the Assets.

 

Subject to the terms and conditions
of this Agreement, Purchaser agrees to buy, and Seller agrees to sell to Purchaser, all or substantially all of the specific assets of
Seller expressly, including, without limitation, the assets set forth on Schedule 1(a) hereto, including any improvements, modifications,
enhancements, customization or derivatives of such assets (collectively, the “Assets”), free and clear of any and all
options, liens, security interests, encumbrances, mortgages, deeds of trust, liabilities, financing statements, pledges, charges, conditions,
equitable claims, covenants, title defects, restrictions or claims of any kind, nature or description whatsoever (collectively, “Liens”).

 

2.            Consideration.

 

The total consideration under this Agreement (the “Consideration”)
shall be as follows:

 

(a) Stock Consideration.
At "Closing" (defined below), Purchaser shall deliver to Seller 170,454,545 shares of common stock of Seller owned by Purchaser
and Purchaser Principals at the price of the shares as of the date of Closing (as defined herein) (the “Stock Consideration”).
Such common stock represents and shall represent at Closing 100 percent of all ownership of Purchaser and Purchaser Principals in Seller
including any and all subsidiaries and affiliated companies of Seller, and such shares are and shall be at Closing free and clear of any
and all Liens. The Stock Consideration shall be delivered with duly endorsed stock powers and such other customary instructions needed
by the transfer agent of the Seller to complete the transfer of the shares back to the Seller. For the purposes of the transfer, namely
accounting and tax considerations, the Parties agree to treat the transfer on their records as a sale and at a consideration price equal
to the average trading price of the shares as quoted on the Pink Sheets or OTC as applicable on the day of Closing. The Seller is not
required to make an actual payment of the price for the shares.

 

(b) Settlement of Claims.
Upon the Effective Date, Purchaser and Seller shall execute a settlement agreement (the “Settlement and Release Agreement”),
attached hereto as Exhibit A.

 

3.            Liabilities. Notwithstanding anything in this Agreement to the contrary, neither Purchaser nor Purchaser Principals are assuming
and shall not assume any of Seller’s liabilities, and Seller is and shall remain fully liable and responsible for all such liabilities.
Notwithstanding anything in this Agreement to the contrary, Seller is not and shall not assume any of Purchaser’s liabilities, and
Purchaser is and shall remain fully liable and responsible for all such liabilities.

 

 

 

    	 	1	 

     

    

 

4.            Representations and Warranties of Seller. Seller represents, to their knowledge, and warrants to Purchaser and Purchaser Principals,
as of the date of this Agreement and as of Closing, as follows:

 

(a) Authority.
Seller is a corporation duly organized, validly existing and in good standing under the laws of the state of Nevada. Seller has full
power to own and convey all of the Assets and carry on the Business as it is now being conducted.

 

(b) Enforceability.
Seller has the authority to execute this Agreement and to consummate and perform the transactions provided for in this Agreement.
This Agreement and the agreements and instruments referenced in this Agreement, represent the valid and binding obligations of
Seller and are enforceable in accordance with their respective terms, except insofar as the enforceability hereof and thereof may be
limited by applicable bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws affecting the
enforcement of creditors’ rights generally and by general principles of equity (whether considered in a proceeding in equity
or at law).

 

(c) Non-circumvention. Neither the execution and the delivery of this Agreement, nor the consummation of the transactions contemplated
hereby, will (i) violate any statute, regulation, rule, injunction, judgment, order decree, ruling, charge, or other restriction of any
government, governmental agency, or court to which Seller is subject; or (ii) conflict with, result in a breach of, constitute a default
under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or cancel, or require any notice
under any agreement, contract, lease, license, instrument, or other arrangement to which Seller is not a party or by which it is bound
or to which any of its assets (including the Assets) is subject. Seller is not required to provide notice to, make any filing with, or
obtain any authorization, consent, or approval of any government or governmental agency in order to consummate the transactions contemplated
by this Agreement.

 

(d) Assets; Liabilities.
Seller has good and marketable title to all of the Assets, and the Assets, at the time of Closing, will not be subject to any Liens
of any nature whatsoever. To Seller’s knowledge, there are no liabilities related to the Assets, liquidated, actual and or contingent,
except those relating to the ordinary course of business relating to the Business. The Assets constitute those necessary for the continued
operation of the Business as historically and presently conducted. At Closing, all of the Assets will be in substantially the same or
better condition and usability as the Assets exist as of the Effective Date other than due to action or inaction of persons or firms
other than the Seller, its agents, or third-parties within its control.

 

(e) Intellectual
Property. Seller owns or has a valid right to use, all of the Assets, all of which rights will survive unchanged upon
consummation of the transactions contemplated by this Agreement. Seller has not granted to any third party the right to use the
Assets. Seller has not interfered with, infringed upon or misappropriated any intellectual property rights of third parties or
committed any acts of unfair competition involving a violation of a third party’s intellectual property rights, and Seller has
not received any written or oral, charge, complaint, claim, demand or notice alleging any such interference, infringement,
misappropriation, or act of unfair competition involving a violation of a third party’s intellectual property rights. The
conduct of the Business and/or usage of the Assets by the Business does not infringe, misappropriate or violate any intellectual
property rights of any third party.

 

(f) Legal
Proceedings; Compliance with Laws. Except as disclosed in this Agreement, there are no private or governmental proceedings
pending, or, to the knowledge of Seller, threatened, against Seller, including without limitation any investigation, audit, lawsuit,
threatened lawsuit, arbitration, worker’s compensation claims, civil rights claims, or other legal proceedings of any nature
whatsoever. Seller and the Business are not in material violation of any law, regulation, rule, ordinance, policy, or other
governmental requirement relating to the Assets or the Business. (other than federal laws prohibiting the possession, distribution
and sale of marijuana products).

 

(g) Taxes. Seller
has timely and correctly prepared and filed all tax returns, including, but not limited to, all federal and state income tax returns
and sales/use tax returns, and Seller has paid all taxes due pursuant to such tax returns as well as all other taxes for which
Seller is liable, except for taxes which are accrued but not yet due (which will be paid by Seller after Closing). Seller is not
aware of any actual or threatened tax audit against Seller. Seller has paid all payroll taxes as and when due, maintain all required
payroll trust accounts, and have timely paid all employee and employer withholding taxes into such trust accounts.

 

 

 

    	 	2	 

     

    

 

(h)  Obligation
to Brokers. Seller has not incurred any obligations for the payment of any broker’s commission, finder’s fee, or any
other similar obligation relating to this Agreement or otherwise due upon the consummation of the transactions provided for in this
Agreement.

 

(i) Complete Disclosure.
This Agreement and the agreements and instruments attached hereto and to be delivered at the time of Closing do not contain any untrue
statement of material fact by Seller. As to the transfer of the shares of stock to Golden noted herein, such transfer is made with the
understanding that the Parties transferring the stock are sophisticated accredited investors understanding the risk, prospects, condition,
forecasts, financial condition, and other material information relating to Golden, relating to surrendering the stock, and otherwise,
on the basis of their knowledge of Golden, access to Golden information at sec.gov and otherwise and
are not relying upon any representation or warranty of Golden concerning any such things in making their determination to surrender and
transfer such shares and shall not make any claim against Golden or any affiliated persons or firms contrary to the foregoing even if
Golden stock value significantly improves in the future, even if there is some unintentional error or misstatement in any such information
about Golden referenced in this paragraph. This Agreement and such related agreements and instruments do not omit to state any material
fact necessary in order to make the statements made herein or therein by Seller, in light of the circumstances under which they are made,
not misleading. Prior to the execution of this Agreement, Seller has made available to Purchaser and Purchaser Principals all material
information about the Assets as requested by Purchaser and Purchaser Principals. Such information is true, accurate and complete in all
material respects to the knowledge of Seller after due inquiry.

 

5.            Representation and Warranties of Purchaser and Purchaser Principals. Purchaser and Purchaser Principals jointly and severally
represent and warrant to Seller, as of the date of this Agreement and as of Closing, as follows:

 

(a) Authority
.. Purchaser is a limited liability company duly organized, validly existing and in good standing under the laws of the state of
Colorado. Purchaser has full power to purchase the Assets and carry on the Business as it is now being conducted.

 

(b) Enforceability.
Purchaser and Purchaser Principals have the authority to execute this Agreement and to consummate and perform the transactions provided
for in this Agreement. This Agreement and the agreements and instruments referenced in this Agreement, represent the valid and binding
obligations of Purchaser and Purchaser Principals and are enforceable in accordance with their respective terms, except insofar as the
enforceability hereof and thereof may be limited by applicable bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium
or other similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity (whether considered
in a proceeding in equity or at law).

 

(c) Non-circumvention.
Neither the execution and the delivery of this Agreement, nor the consummation of the transactions contemplated hereby, will (i)
violate any statute, regulation, rule, injunction, judgment, order decree, ruling, charge, or other restriction of any government,
governmental agency, or court to which Purchaser or Purchaser Principals are subject; or (ii) conflict with, result in a breach of,
constitute a default under, result in the acceleration of, create in any party the right to accelerate, terminate, modify, or
cancel, or require any notice under any agreement, contract, lease, license, instrument, or other arrangement to which Purchaser or
Purchaser Principals are not a party or by which they are bound or to which any of its assets (including the Assets) is subject.
Purchaser and Purchaser Principals are not required to provide notice to, make any filing with, or obtain any authorization,
consent, or approval of any government or governmental agency in order to consummate the transactions contemplated by this
Agreement.

 

(d) Obligation to Brokers.
Purchaser and Purchaser Principals have not incurred any obligations for the payment of any broker’s commission, finder’s
fee, or any other similar obligation relating to this Agreement or otherwise due upon the consummation of the transactions provided for
in this Agreement.

 

(e) Complete Disclosure.
This Agreement and the agreements and instruments attached hereto and to be delivered at the time of Closing do not contain any untrue
statement of material fact by Purchaser or Purchaser Principals.

 

6.             Information.

 

(a)  Provision of Information.
Seller provided Purchaser and Purchaser Principals with all material information relating to Seller and the Assets, including access
to the Assets and operations of Seller. From and after the date of this Agreement and continuing through Closing, Seller will continue
to make available to Purchaser and Purchaser Principals all such information required under this Agreement or otherwise reasonably requested
by Purchaser and Purchaser Principals with respect to Seller and/or the Assets.

 

 

 

    	 	3	 

     

    

 

(b) Due
Diligence. Purchaser and Purchaser Principals shall have until the date of the Closing (the “Due Diligence
Period”) to inspect the Assets to determine whether the Assets are satisfactory to Purchaser and Purchaser Principals.
Purchaser and Purchaser Principals shall have the right to inspect the Assets during normal business hours. Seller will cooperate
with and will provide to Purchaser and Purchaser Principals all of the material and information reasonably requested by Purchaser
and Purchaser Principals in connection with its due diligence investigation of Seller and the Assets.

 

7.            Closing Conditions.

 

(a) The Closing shall be conditional upon the Purchaser and Purchaser Principals transferring the Stock Consideration to Seller;

 

(b) The Closing shall
also be conditional upon the execution of the Settlement and Release Agreement by the Purchaser and Purchaser Principals and the
Seller in the form of Exhibit A attached hereto and the execution of the Assignment and Bill of Sale in the form of Exhibit
B attached hereto; and

 

(c) An executed full and
general release of any and all obligations in the form attached hereto or to be acceptable by Seller at Closing, for the benefit of Seller
and all affiliates, relating to

 

Wysocki Law Group, P.C.

Attn.: Jeremy Wysocki, Esq.

4582 S. Ulster St. Pkwy.

Suite 110

Denver, CO 80237

 

8.            Closing.
The closing of the transactions provided for in this Agreement (the “Closing”) shall occur upon the earlier of: (i)
the date upon which the foregoing Closing Conditions set forth in Section 7 have been satisfied; or (ii) as the Parties mutually agree.

 

9.            Indemnification.

 

(a) Seller’s Indemnity.
Seller agrees to indemnify and hold harmless Purchaser and Purchaser Principals and Purchaser’s officers, directors, managers, partners,
shareholders, members, employees, contractors, attorneys, representatives, successors, and assigns (the “Purchaser and Purchaser
Principals Indemnitees”) from and against any and all costs, losses, liabilities, damages, litigation, claims, costs, and expenses,
including reasonable attorneys’ fees and other expenses of investigation and defense (collectively, “Damages”)
to which Purchaser and Purchaser Principals Indemnitees may become subject or which are incurred in connection with, arise out of, result
from, or are attributable to any breach of the terms of this Agreement or other document delivered hereunder or pursuant hereto by Seller,
including, without limitation, any breach of any representation or warranty made by Seller herein or the failure by Seller to perform
any of the covenants or obligations contained in this Agreement or other document delivered hereunder or pursuant this Agreement. In addition,
Seller will indemnify and hold harmless the Purchaser and Purchaser Principals Indemnitees for any Damages to which the Purchaser and
Purchaser Principals Indemnitees may become subject or which are incurred in connection with, arise out of, result from, or are attributable
to: (i) the operation of the Business before Closing and/or any use of the Assets by Seller before Closing; (ii) any fraud or intentional
misrepresentation of Seller; (iii) any and all taxes, fines, interest and/or penalties of Seller for all taxable periods ending on or
before Closing; or (iv) any and all taxes, fines, interest and/or penalties for failure to pay taxes imposed on Seller as a transferee
or successor, by contract or pursuant to any law, rule, or regulation, which taxes relate to an event or transaction occurring before
or on Closing.

 

(b) Purchaser
Indemnity. Purchaser agrees that it will indemnify and hold harmless Seller and its officers, directors, managers, partners,
shareholders, members, employees, contractors, attorneys, representatives, successors, and assigns (the “Seller
Indemnitees”) from and against any and all Damages to which the Seller Indemnitees may become subject to or which are
incurred in connection with, arise out of, result from, or are attributable to any material breach of the terms of this Agreement or
other document delivered hereunder by Purchaser, including any breach of any representation or warranty made by Purchaser, or the
failure by Purchaser to perform any of the covenants or obligations contained in this Agreement or other document delivered
hereunder or pursuant to this Agreement, or any use of the Assets after Closing. In addition, Purchaser will indemnify and hold
harmless the Seller Indemnitees for any Damages to which the Seller Indemnitees may become subject or which are incurred in
connection with, arise out of, result from, or are attributable to: (i) any use of the Assets after Closing; (ii) any fraud or
intentional misrepresentation of Purchaser; (iii) any and all taxes, fines, interest and/or penalties of Purchaser for all taxable
periods after Closing; or (iv) any and all taxes, fines, interest and/or penalties for failure to pay taxes imposed on Purchaser as
a transferee or successor, by contract or pursuant to any law, rule, or regulation, which taxes relate to an event or transaction
occurring after Closing.

 

 

 

    	 	4	 

     

    

 

(c) Remedies. Upon
the occurrence of any claim, potential claim, or notice of any claim, potential claim or the commencement of any action which could
give rise to an indemnification obligation under Section 9 of this Agreement, any party entitled to indemnification rights
(the "Indemnified Party") shall promptly provide a written notice to the party with indemnification obligations
(the "Indemnifying Party") stating in general terms the circumstances giving rise to the claim, specifying a
nonbinding estimate of the amount of the claim, and making a request for any payment then believed due (the "Claim
Notice"). Upon receipt of the Claim Notice, the Indemnifying Party will have 30 days to either pay the claim amount or send
the Indemnified Party a notice disputing the propriety or amount of a Claim Notice (the "Dispute Notice"). Any Dispute
Notice shall describe the basis for such objection and the amount of the claim that the Indemnifying Party does not believe should
be subject to indemnification. Any amount not in dispute shall be paid within 10 days after the delivery of the Dispute Notice. Upon
receipt of any Dispute Notice, the Indemnified Party and the Indemnifying Party shall use reasonable efforts to cooperate and arrive
at a mutually acceptable resolution of the dispute within the next 30 days. If a resolution is not reached within the 30-day period,
either Party may commence legal action in accordance with the terms of this Agreement. If it is finally determined (through either
agreement of the Parties or final judgment of a court of competent jurisdiction) that all or a portion of the claim amount is owed
to the Indemnified Party, the Indemnifying Party shall, within 10 days of such determination, pay the Indemnified Party such amount
owed.

 

(d) Dispute Resolution.
In the event of any dispute under this Agreement, the Parties agree to use their best efforts to attempt to resolve such dispute in good
faith through direct negotiation between the Parties within thirty (30) days after notice of the claim is delivered. If any dispute cannot
be resolved through direct negotiation, the Parties agree to mediate the dispute in good faith with Judicial Arbiter Group (JAG), or a
similar mediator upon whom the Parties agree in writing, before filing a lawsuit. Failure to mediate a dispute shall be presumed to be
grounds for the granting of a motion to dismiss a lawsuit between the Parties filed in conjunction with the dispute. The prevailing Party
shall be entitled to recover its attorneys’ fees, court costs, and other collection expenses, in addition to any other relief it
may receive in connection with its enforcement of this Agreement or if it is the prevailing Party in any such dispute.

 

10.           Post-Closing Covenants. From and after the time
of Closing, the Parties covenant and agree as follows:

 

(a) Tax
Allocations. In accordance with Section 1060 of the Code and the Treasury Regulations promulgated thereunder, Seller and
Purchaser and Purchaser Principals agree to allocate the benefit of the Consideration on a reasonable good faith basis among the
various Assets acquired by Purchaser and Purchaser Principals (the “Allocation”). Seller and Purchaser and
Purchaser Principals each shall file an Internal Revenue Service Form 8594, and all federal, state and local tax returns, in
accordance with the Allocation. Seller and Purchaser and Purchaser Principals shall promptly provide the other with any information
required to complete Internal Revenue Service Form 8594. Seller and Purchaser and Purchaser Principals shall notify and provide the
other with reasonable assistance in the event of an examination, audit or other proceeding regarding any allocation of the benefit
of the Consideration. Except as required by applicable law, Seller and Purchaser and Purchaser Principals shall not take any
position in any tax return, tax proceeding or audit that is inconsistent with the Allocation. The Purchase Price shall be first
allocated to cash, then to accounts, and then to the remaining assets.

 

(b) Further
Assurances. Each Party will take all steps reasonably necessary to carry out the intent of this Agreement, including, but not
limited to, by executing and delivering, or causing to be executed and delivered, such further instruments or documents as
reasonably requested by Purchaser and Purchaser Principals.

 

11.            Miscellaneous.

 

(a) Survival of Agreement.
This Agreement, and all terms, warranties and provisions hereof will be true and correct as of the time of Closing and will survive the
Closing.

 

(b) Notices. All
notices required or permitted hereunder or under any related agreement or instrument (unless such related agreement or instrument
otherwise provides) will be deemed delivered when delivered personally, mailed, by certified mail, return receipt requested, or
registered mail, or sent by a nationally recognized overnight courier to the respective Party at the following addresses or to such
other address as each respective Party may in writing hereafter designate:

 

	 	If to Seller:	Golden
Developing Solutions, Inc.

Attn: Stavros Triant, CEO

c/o Registered Agent

Corporate Creations Network Inc.

 8275 South Eastern Ave., Unit 200

Las Vegas, Nevada 89123

 

 

 

    	 	5	 

     

    

 

	 	If to Purchaser and or Purchaser Principals:	
    Viath, LLC

    Attn: David Lindauer

    8547 East Arapahoe Road, Ste. J#436

    Greenwood Village, Colorado 80112

	 	 	 
	 	With a copy to:	 

 Wysocki Law Group, P.C.

Attn.: Jeremy Wysocki, Esq.

4582 S. Ulster St. Pkwy.

Suite 110

Denver, CO 80237

 

 

(c) Successors and
Assigns and Amendments. This Agreement will be binding upon the Parties hereto and their respective successors, personal
representatives, heirs and assigns. Neither Party may assign any of its rights or obligations under this Agreement except with the
prior written consent of other Party. No amendment or modification to this Agreement is valid unless in writing signed by all
Parties hereto.

 

(d) Purchaser
Principals Breach. Any breach of this Agreement by Purchaser Principals shall be construed as a breach by Purchaser. Purchaser
Principals shall not be directly liable for any breach by Purchaser under this Agreement.

 

(e) Merger. This
Agreement and the exhibits and other documents, agreements, and instruments related hereto, set forth the entire agreement of the
Parties with respect to the subject matter hereof and may not be amended or modified except in writing subscribed to by the Parties
and supersedes any related prior agreements and understandings between the Parties. The recitals are incorporated herein by
reference.

 

(f) Governing Law. This
Agreement is entered into in the State of Colorado and all issues arising hereunder shall be interpreted and governed in all respects
by the laws of such state (without regard to the conflict of law principles thereof). In the event that a dispute arises between the
Parties in connection with this Agreement, the prevailing party shall be entitled to collect attorneys’ fees and costs. NOTWITHSTANDING
ANYTHING IN THIS AGREEMENT TO THE CONTRARY, THE PARTIES ACKNOWLEDGE AND AGREE THAT COLORADO ENACTED CERTAIN LEGISLATION TO GOVERN THE
MARIJUANA INDUSTRY IN THE STATE OF COLORADO. THIS AGREEMENT SHALL BE STRICTLY CONSTRUED UNDER COLORADO LAW AND THE PARTIES SPECIFICALLY
WAIVE ANY DEFENSES BASED UPON INVALIDITY OF CONTRACTS FOR PUBLIC POLICY REASONS AND/OR THE SUBSTANCE OF THE CONTRACT VIOLATING FEDERAL
LAW.

 

(g) Sales
Taxes. Purchaser and Purchaser Principals shall pay any sales and use taxes owed to the state of Colorado and/or any political
subdivision or taxing authority in the state of Colorado which may arise from the sale of the Assets from Seller to Purchaser and
Purchaser Principals.

 

(h) Modification or
Severance. In the event that any provision of this Agreement is found by any court or other authority of competent jurisdiction
to be illegal or unenforceable, such provision shall be severed or modified to the extent necessary to render it enforceable and as
so severed or modified, this Agreement will remain in full force and effect.

 

(i) Captions. The
captions in this Agreement are included for convenience only and shall not in any way affect the interpretation of any of the
provisions hereof.

 

(j) Counterpart;
Facsimile. This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which when
affixed together shall constitute but one and the same instrument. Signatures exchanged by email or facsimile shall be deemed
original signatures for all purposes.

 

[Signature Page Follows.]

 

 

 

    	 	6	 

     

    

 

IN WITNESS WHEREOF, the Parties have read and entered
into this Agreement as of the Effective Date above written.

 

 

	SELLER:	 	PURCHASERS:
	 	 	 
	GOLDEN DEVELOPING SOLUTIONS, INC.	 	VIATH, LLC
	a Nevada corporation	 	 Colorado limited liability company
	 	 	 
	By: /s/ Stavros Triant	 	By: /s/ David Lindauer
	Name: Stavros Triant	 	Name: David Lindauer
	Title: CEO	 	Title: CEO
	 	 	 
	 	 	 
	 	 	PURCHASER PRINCIPALS:
	 	 	 
	 	 	 
	 	 	/s/ David Lindauer
	 	 	David Lindauer
	 	 	 
	 	 	/s/ Tyler Bartholomew
	 	 	Tyler Bartholomew
	 	 	 
	 	 	/s/ Bill Anders
	 	 	Bill Anders
	 	 	 
	 	 	/s/ Brad Billman
	 	 	Brad Billman

 

 

 

 

 

 

    	 	7	 

     

    

 

SCHEDULE 1(a)

TO

ASSET PURCHASE AGREEMENT

(ASSETS)

 

 

All accounts, receivables, and cash related to the Where’s Weed platform.

 

Entities:

All assets of Seller’s subsidiary, Tasos Media LLC, a Colorado
limited liability company

 

Websites:

WheresWeed.com and associated social
media accounts

CannaClassifieds.com (job postings)

LocalMJEvents.com

GreenerGrows.com (in development
growing accountability tracking)

CannaCandids.com (in development
photo site)

WheresCBD.com

 

Domain Names:

 

CANACANDID.COM 

CANACANDIDS.COM 

CANNACANDID.COM 

CANNACANDIDS.COM 

CANNACLASSIFIEDS.COM 

CANNADID.COM

CANNADIDS.COM 

DANKDAILYDEALS.COM 

GREENERGROWS.COM 

GREENERGROWSANLYTICS.COM

HASHOILPENS.COM 

HASHOILPIPES.COM

LAMARIJUANADISPENSARIES.COM 

LAMARIJUANADISPENSARY.COM 

LAYER6MARKETING.COM 

LAYER6MEDIA.COM 

LAYERSIXMARKETING.COM 

LAYERSIXMEDIA.COM 

LAYERSIXOFFICE.COM 

LOCALMJEVENTS.COM 

LOCALMMJEVENTS.COM 

 

 

 

    	 	8	 

     

    

 

MARIJUANADOCTORS.CO 

MARIJUANAISBAD.COM MARIJUANATESTINGKIT.COM MARIJUANATESTINGKITS.COM
WD.GL 

WEE.DO 

WEED.AGENCY

WEED.BARGAINS

WEED.GD 

WEREISWEED.COM WERESWEED.COM WHERESCBD.COM WHEREISSOMEWEED.COM
WHEREISURWEED.COM WHEREISWEED.COM WHEREISYOURWEED.COM WHERESMYWEED.COM WHERESSOMEWEED.COM WHERESURWEED.COM WHERESWEED.BIZ WHERESWEED.CO
WHERESWEED.COM WHERES-WEED.COM WHERESWEED.INFO WHERESWEED.MOBI WHERESWEED.NET WHERESWEED.ORG WHERESWEED.US WHERESWEEDMEDIA.COM
WHERESYOURWEED.COM WHERETHEWEEDAT.COM WHERETHEWEEDIS.COM WHEREWEED.COM

 

 

 

 

 

 

 

 

 

    	 	9	 

     

    

EXHIBIT A

TO

ASSET PURCHASE AGREEMENT

 

(SETTLEMENT AND RELEASE)

 

 

 

 

See attachment.

 

 

 

 

 

 

 

 

 

    	 	10	 

     

    

 

EXHIBIT A

 

SETTLEMENT AND RELEASE AGREEMENT

 

This Settlement Agreement
and Release Agreement (the “Agreement”) is entered into as of the Effective Date on the Signature Page hereof (the
“Effective Date”) by and between Layer Six Media, Inc., a dissolved Delaware corporation by its authorized officer
and director acting also as trustee for the said dissolved corporation (“Layer Six”), Tyler Bartholomew, David Lindauer,
Bill Anders, and Brad Billman (collectively with Layer Six, “Layer Six Parties”) and Golden Developing Solutions, Inc.,
a Nevada corporation (“Golden”) and Stavros Triant ( collectively “Golden Parties”) and, together
Layer Six Parties and Golden Parties are referred to collectively, as the “Parties” and as “Party”
individually).

 

RECITALS

 

WHEREAS, the Parties
entered into that certain Asset Purchase Agreement (Business) dated September 18, 2018 (the “Business APA”) and that
certain Asset Purchase Agreement (Goodwill) dated September 18, 2018 (the “Goodwill APA”) in which the Layer Six Parties
sold substantially all of the assets of Layer Six to Golden;

 

WHEREAS, the consideration
for the Business APA was a mixture of Golden common stock and a promissory note in the amount of $750,000 (the “Business Note”)
and the consideration for the Goodwill APA was a promissory note in the amount of $3,000,000 (the “Goodwill Note”);

 

WHEREAS, on November
6, 2019, Layer Six Parties commenced litigation in Denver District Court, captioned Layer Six Media, Inc., et al. v. Golden Developing
Solutions, Inc., et al., Case No. 2019CV34267, (“Action No. 1”), involving various claims related to the business
relationship of the Parties and breaches by Golden of the Business and Goodwill Notes;

 

WHEREAS, on October
25, 2019, Golden Parties commenced litigation in Washington D.C. Superior Court, captioned Golden Developing Solutions, Inc. v. Layer
Six Media, Inc., et al., Case No. 2019CA007021B, (“Action No. 2”), involving various claims related to the
business relationship of the Parties;

 

WHEREAS, on December
7, 2018, Jordan Urso, a former employee of Layer Six Media, commenced litigation in Arapahoe District Court, captioned Jordan Urso
v. Layer Six Media, Inc., et al., Case No. 2018CV32821, (“Action No. 3”), involving various claims related to his
employment;

 

WHEREAS, Layer Six
Parties and Golden Parties have proposed a transaction involving the transfer of assets between the Parties through the Asset Purchase
Agreement (Business) (including all Exhibits) (referred to collectively as “Purchase Agreement”), which would resolve
the claims between the Parties asserted in Action Nos. 1 and 2;

 

WHEREAS, the Parties,
agree it is to their mutual advantage to complete the Purchase Agreement and release and dismiss all claims with prejudice, following
the successful execution of the Purchase Agreement and this Agreement;

 

 

 

    	 	11	 

     

    

 

NOW, THEREFORE, for
good and adequate consideration, the receipt and sufficiency of which is mutually acknowledged, the Parties hereby agree as follows:

 

AGREEMENT

 

1.             Agreement Conditional upon Execution of the Purchase Agreement. The Parties agree that this Agreement is contingent
upon the full execution of the Purchase Agreement and that this Agreement is contemporaneous with the Purchase Agreement.

 

2.            General
Releases, Waiver of Claims, and Dismissal with Prejudice of Claims. The Parties hereby waive, release, and shall dismiss all
claims with prejudice and further agree as follows:

 

(a)            Golden Parties’ Release of Claims. Golden Parties, to include their founders, managers, officers, employees, agents,
assigns, representatives, heirs, executors, administrators, and attorneys, hereby release and discharge Layer Six Parties, to include
their founders, managers, officers, employees, agents, assigns, representatives, heirs, executors, administrators, and attorneys) from
any claim, demand, action, or cause of action, known or unknown, which arose at any time prior to the date when Golden Parties execute
this Agreement, and Golden Parties waive all claims relating to, arising out of, or in any way connected with any of his interactions
with Layer Six Parties, including (without limitation) any claim, demand, action, or cause of action, including claims for attorneys’
fees and costs, (hereinafter collectively referred to as “Claims”) under any theory of liability for any Claims under any
state or federal or local securities laws, at law or in equity, any state civil rights law; any existing or potential agreement, contract,
representation, policy, procedure, or Claims arising from contract or public policy, as well as tort, tortious cause of conduct, breach
of implied covenant of good faith and fair dealing, breach of contract, intentional and/or negligent infliction of emotional distress,
invasion of privacy, defamation, wrongful discharge, negligence, discrimination, harassment, and retaliation, together with all claims
for monetary and equitable relief, punitive and compensatory relief and attorneys’ fees and costs; and/or the United States Constitution.

 

(b)          Golden
Parties’ Dismissal of Claims with Prejudice. Golden Parties hereby specifically waive and release all Claims, which
were asserted in Action No. 2, or could have been asserted in Action No. 2. Further, Golden Parties shall promptly cause a dismissal
with prejudice to be filed in Action No. 2 which will dismiss all named Parties in that suit with prejudice to the refiling of such Claims
unless the case is otherwise dismissed with prejudice.

 

(c)          Layer
Six Parties’ Release of Claims. Layer Six Parties, to include their founders, managers, officers, employees, agents, assigns,
representatives, heirs, executors, administrators, and attorneys, hereby release and discharge Golden Parties, to include their founders,
managers, officers, employees, agents, assigns, representatives, heirs, executors, administrators, and attorneys from any claim, demand,
action, or cause of action, known or unknown, which arose at any time prior to the date when Layer Six Parties execute this Agreement,
and Layer Six Parties waive all claims relating to, arising out of, or in any way connected with any of his interactions with Golden
Parties, including (without limitation) any claim, demand, action, or cause of action, including claims for attorneys’ fees and
costs, (defined above and collectively referred to as “Claims”) under any theory of liability for any Claims under any state
or federal or local securities laws, at law or in equity, any state civil rights law; any existing or potential agreement, contract,
representation, policy, procedure, or Claims arising from contract or public policy, as well as tort, tortious cause of conduct, breach
of implied covenant of good faith and fair dealing, breach of contract, intentional and/or negligent infliction of emotional distress,
invasion of privacy, defamation, wrongful discharge, negligence, discrimination, harassment, and retaliation, together with all claims
for monetary and equitable relief, punitive and compensatory relief and attorneys’ fees and costs; and/or the United States Constitution.
As to Action No. 3, Golden Parties are hereby indemnified and held harmless as to Action No. 3 including any and all claims relating
to Action No. 3 on the same basis as indemnification set forth in the Purchase Agreement.

 

(d)          Layer
Six Parties’ Dismissal of Claims with Prejudice. Layer Six Parties hereby specifically waive and release all Claims,
which were asserted in Action No. 1, or could have been asserted in Action No. 1. Further, Layer Six Parties shall promptly cause a dismissal
with prejudice to be filed in Action No. 1 which will dismiss all named Parties in that suit with prejudice to the refiling of such Claims.

 

 

 

    	 	12	 

     

    

 

(e)         The
Parties acknowledge and agree that they are mutually releasing the other Party from any and all claims by which they are giving up the
opportunity to recover any compensation, damages, or any other form of relief, at law or in equity, including in any proceeding.

 

(f)             The
Parties acknowledge and agree that the Business Note and the Goodwill Note are hereby cancelled as a purchase price reduction under I.R.C.
§ 108(e)(5).

 

3.             Disclaimer of Liability. This Agreement is not to be construed as an admission of liability or wrongdoing by
any Party, but is entered into in compromise of disputed claims, whether known or unknown, that exist or might exist at the time this
Agreement is executed and which arose from or relates to the matters set forth within

 

4.             Covenant Not to Sue. The Parties mutually agree that they will never file a lawsuit against the other Party concerning
any claim relating to the matters set forth within and specifically as released and waived in Paragraph 2. Should a Party violate any
aspect of this Covenant not to Sue, the Party agrees that the lawsuit shall be null and void and must be summarily dismissed or withdrawn.
The Parties affirm that, as of the Effective Date, there are no other claims, charges, lawsuits, complaints, or administrative actions
pending against another Party to this Agreement other than those asserted identified in the Recitals. Paragraph 3 and this Agreement shall
not operate to waive or bar any claim that by express and unequivocal terms of law may not under any circumstances be waived or barred,
including but not limited to any state or federal agency investigations or proceedings that cannot be waived or barred. This Agreement
also shall not operate to waive rights or claims if those rights or claims arise after the date the Parties sign this Agreement, nor preclude
any Party from enforcing this Agreement.

 

5.             Successors. This Agreement shall be binding upon, and inure to the benefit of, the successors, executors, heirs,
representatives, administrators and permitted assigns of the Parties hereto.

 

6.             Severability.
The Parties acknowledge and agree that the provisions of this Agreement are both reasonable and enforceable. However, the provisions
of this Agreement are severable, and the invalidity of any one or more provisions shall not affect or limit the enforceability of the
remaining provisions. In the unlikely event, therefore, that an arbitration forum or court of competent jurisdiction determines that
any of the terms, provisions, or covenants of the Agreement are unreasonable, the arbitration forum or court shall limit the application
of any such term, provision or covenant, or modify such term, provision or covenant and proceed to enforce those terms as so limited
or modified.

 

7.             Dispute
Resolution. In the event of any controversy or claim arising out of or relating to this Agreement, or any breach thereof, including,
without limitation, any claim that this Agreement, or any portion thereof, is invalid, illegal or otherwise voidable or void, the Parties
agree to use their best efforts to attempt to resolve such dispute in good faith through direct negotiation between the Parties within
thirty (30) days after a notice of claim is delivered. If any dispute cannot be resolved through direct negotiation, the Parties agree
to mediate the dispute in good faith with Judicial Arbiter Group (JAG), or a similar mediator in Denver, Colorado upon whom the Parties
agree, before filing a lawsuit. Failure to mediate a dispute shall be presumed to be grounds for the granting of a motion to dismiss
a lawsuit between the Parties filed in conjunction with the dispute. The prevailing Party shall be entitled to recover its attorneys’
fees, court costs, and other collection expenses, in addition to any other relief it may receive in connection with its enforcement of
this Agreement or if it is the prevailing Party in any such dispute.

 

8.             Applicable
Law and Choice of Forum. This Agreement shall be governed by and construed in accordance with the laws of the State of Colorado,
without regard to its choice of law principles. The Parties consent to exclusive jurisdiction and venue in the federal and/or state courts
venued in Denver County, Colorado for any dispute arising under this Agreement that is not otherwise properly subject to arbitration.
In any action or suit to enforce any right or remedy under this Agreement or to interpret any provision of this Agreement, the prevailing
party shall be entitled to recover its reasonable attorneys’ fees, costs, and other expenses.

 

9.             Nonwaiver,
Captions, Assignment, Modification/Amendment, Misc. The waiver by one Party of a breach of any provision of this Agreement
by the other Party shall not operate or be construed as a waiver of any subsequent breach by the other Party. The captions in this Agreement
are included for convenience only and shall not in any way affect the interpretation of any of the provisions hereof. This Agreement
can't be assigned, modified or amended without the express written permission of all Parties hereto. The Parties agree to not make any
public statement that is contrary to the provisions of this Agreement or it spirit of settlement, and not to make, directly or indirectly,
any disparaging statement about any of the Parties or their affiliates such as officers, directors, managers, advisors, lawyers, and
such as otherwise defined herein.

 

 

    	 	13	 

     

    

 

10.           Counterparts.
This Agreement may be executed in one or more physical counterparts, including by signature pages delivered in .pdf or facsimile format,
each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

[Signature Page Follows.]

 

 

 

 

 

 

 

 

 

 

 

 

    	 	14	 

     

    

 

AGREED TO BY:

 

	GOLDEN PARTIES:	 	LAYER SIX PARTIES:
	 	 	 
	GOLDEN DEVELOPING SOLUTIONS, INC.	 	LAYER SIX MEDIA, INC.
	a Nevada corporation	 	 a dissolved Delaware Corporation
	 	 	 
	By: /s/ Stavros Triant	 	By: /s/ David Lindauer
	Name: Stavros Triant	 	Name: David Lindauer
	Title: CEO	 	Title: CEO
	 	 	 
	/s/ Stavros Triant	 	 
	Stavros Triant	 	 
	 	 	 
	 	 	 
	 	 	/s/ David Lindauer
	 	 	David Lindauer
	 	 	 
	 	 	/s/ Tyler Bartholomew
	 	 	Tyler Bartholomew
	 	 	 
	 	 	/s/ Bill Anders
	 	 	Bill Anders
	 	 	 
	 	 	/s/ Brad Billman
	 	 	Brad Billman

 

 

 

 

 

 

 

 

    	 	15	 

     

    

 

 

EXHIBIT B

TO

ASSET PURCHASE AGREEMENT

 

(ASSIGNMENT AND BILL OF SALE)

 

 

 

See attachment.

 

 

 

 

 

 

 

 

 

    	 	16	 

     

    

 

ASSIGNMENT AND BILL OF SALE

(BUSINESS)

 

THIS ASSIGNMENT AND BILL
OF SALE (this “Assignment”) is effective as of January __, 2020 (the “Closing Date”), among Viath
LLC, a Colorado limited liability company (“Purchaser”), David Lindauer, Tyler Bartholomew, Bill Anders, and Brad Billman
(collectively, the “Purchaser Principals”), and Golden Developing Solutions, Inc., a Nevada corporation (“Seller”).
Purchaser, Purchaser Principals and Seller are individually referred to as a “Party” and, collectively, as the “Parties.”

 

RECITALS

 

Seller and Purchaser and Purchaser Principals entered
into an Asset Purchase Agreement

of even date herewith (the “APA”) whereby Seller sold the Assets (as defined in the APA) to

Purchaser and Purchaser Principals.

 

AGREEMENT

 

Seller hereby warrants, covenants and agrees as follows:

 

1.            Assignment. In accordance with the terms and conditions of the APA, for good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, Seller does hereby sell, transfer, convey, assign and deliver unto Purchaser and Purchaser Principals,
its successors and assigns, all of the Assets, as such terms are defined in the APA, free and clear of any and all options, liens, security
interests, encumbrances, mortgages, deeds of trust, liabilities, financing statements, pledges, charges, conditions, equitable claims,
covenants, title defects, restrictions or claims of any kind, nature or description whatsoever (collectively, “Liens”),
to have and to hold said Assets unto Purchaser and Purchaser Principals, its successors and assigns, to and for its and/or their use forever.

 

2.             Assumption
of Liabilities. Effective as of the Closing Date, Purchaser and Purchaser Principals hereby (i) irrevocably, absolutely and
unconditionally assume, undertake and agree to pay, perform and discharge in full all of the Seller liabilities and obligations arising
in connection with the ownership of the Assets on or after the Closing Date, and (ii) release and discharge the Seller and its affiliates,
successors and assigns, irrevocably, completely, unconditionally and forever from any and all liabilities and obligations arising in
connection with the ownership of the Assets after the Closing Date.

 

3.            Title.
Seller has good and marketable title to the Assets hereby sold, transferred, conveyed, assigned and delivered to Purchaser and Purchaser
Principals, free and clear of all Liens, and Purchaser and Purchaser Principals will receive hereby such good and marketable title thereto.

 

4.             Warranty.
Seller will warrant and defend the sale, transfer, conveyance, assignment and conveyance of the Assets hereunder against each and every
person or persons claiming against any or all of the same.

 

5.             Further Assurances. Seller will take all steps necessary to put Purchaser and Purchaser Principals or its successors and assigns
in actual possession and operating control of the Assets, to carry out the intent of the APA and this Assignment, or to more effectively
sell, transfer, convey, assign and reduce to possession and record to title any of the Assets, including by executing and delivering,
or causing to be executed and delivered, such further instruments or documents of transfer, assignment and conveyance, or by taking such
other actions as may be requested by Purchaser and Purchaser Principals.

 

6.            Independent
Covenants. This Assignment is subject in all respects to the terms and conditions of the APA. Nothing contained in this Assignment
shall be deemed to diminish any of the obligations, agreements, covenants, representations, or warranties of Seller contained in the
APA.

 

7.             Interpretation. Unless otherwise defined herein, capitalized terms used herein shall have the meanings given such terms in
the APA. The recitals above are incorporated by reference into this Assignment.

 

8.             Governing Law; Amendment. This Assignment shall be governed in all respects by the laws of the State of Colorado (without regards
to the conflict of law principles thereof). Seller submits to the jurisdiction of the courts in and for the state of Colorado. In the
event that a dispute arises between Seller and Purchaser and Purchaser Principals in connection with this Assignment, the prevailing party
shall be entitled to collect attorneys’ fees and costs. No change in or amendment or further assignment to this Assignment shall
be valid unless set forth in a writing signed by both Purchaser and Purchaser Principals and Seller. NOTWITHSTANDING ANYTHING IN THIS
ASSIGNMENT TO THE CONTRARY, THE PARTIES ACKNOWLEDGE AND AGREE THAT COLORADO ENACTED CERTAIN LEGISLATION TO GOVERN THE MARIJUANA INDUSTRY
IN THE STATE OF COLORADO. THIS ASSIGNMENT SHALL BE STRICTLY CONSTRUED UNDER COLORADO LAW AND THE PARTIES SPECIFICALLY WAIVE ANY DEFENSES
BASED UPON INVALIDITY OF CONTRACTS FOR PUBLIC POLICY REASONS AND/OR THE SUBSTANCE OF THE CONTRACT VIOLATING FEDERAL LAW.

 

9.             Counterparts. This Assignment may be executed in counterparts, each of which shall be deemed an original, and all of which
when affixed together shall constitute but one and the same instrument. Signatures exchanged by facsimile shall be deemed original signatures
for all purposes. Any dispute regarding this document will be addressed as disputes are to be handled per wording of the APA.

 

[Signature Page Follows.]

 

 

 

    	 	17	 

     

    

 

IN WITNESS WHEREOF, the Parties have read and
entered into this Assignment and Bill of Sale as of the date above written.

 

 

	SELLER:	 	PURCHASERS:
	 	 	 
	GOLDEN DEVELOPING SOLUTIONS, INC.	 	VIATH, LLC
	a Nevada corporation	 	 Colorado limited liability company
	 	 	 
	By: /s/ Stavros Triant	 	By: /s/ David Lindauer
	Name: Stavros Triant	 	Name: David Lindauer
	Title: CEO	 	Title: CEO
	 	 	 
	 	 	 
	 	 	PURCHASER PRINCIPALS:
	 	 	 
	 	 	 
	 	 	/s/ David Lindauer
	 	 	David Lindauer
	 	 	 
	 	 	/s/ Tyler Bartholomew
	 	 	Tyler Bartholomew
	 	 	 
	 	 	/s/ Bill Anders
	 	 	Bill Anders
	 	 	 
	 	 	/s/ Brad Billman
	 	 	Brad Billman

 

 

 

    	 	18

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