Document:

Exhibit 10.10

 

INDEPENDENT DIRECTOR AGREEMENT

 

THIS AGREEMENT (the “Agreement”)
is made as of the date hereof identified below, and is by and between Esports Technologies, Inc. a Nevada corporation (hereinafter
referred to as the “Company”), and _________ (hereinafter referred to as the “Director”).

 

BACKGROUND

 

The Board of Directors of the Company desires
to appoint the Director and to have the Director perform the duties of an independent director and the Director desires to be so
appointed and to perform the duties required of such position in accordance with the terms and conditions of this Agreement.

 

AGREEMENT

 

In consideration for the above recited promises
and the mutual promises contained herein, the adequacy and sufficiency of which are hereby acknowledged, the Company and the Director
hereby agree as follows:

 

1.            
DUTIES. The Company requires that the Director be available to perform the duties of an independent director customarily
related to this function as may be determined and assigned by the Board of Directors of the Company and as may be required by the
Company’s constituent instruments, including its articles of incorporation, bylaws and its corporate governance and board
committee charters (if any), each as amended or modified from time to time, and by applicable law, including the Nevada Revised
Statues or any other applicable governing statute (the “Law”). The Director agrees to devote as much
time as is necessary to perform completely the duties as the Director of the Company, including duties as a member of such committees
as the Director may hereafter be appointed to. The Director will perform such duties described herein in accordance with the general
fiduciary duty of directors arising under the Law.

 

2.             
TERM. The term of this Agreement shall commence as of the date of the Director’s appointment by the Board of Directors
of the Company and shall continue until the Director’s removal or resignation.

 

3.             
COMPENSATION. For all services to be rendered by the Director in any capacity hereunder, the Company may also agree to pay
a cash fee to the Director. Initially, there will be no cash fee paid. Such fee may be adjusted, up or down, from time to time
as determined by the Company’s Board of Directors and/or shareholders.

 

Option award: As further consideration
for Director’s service hereunder, he shall be granted a three-year option to purchase _________shares of restricted common
stock of Company (“Options”) with such Options vesting pro rata in equal increments for each year of the initial _________
years of the Term hereof (e.g. _________ per year commencing on the first anniversary of this Agreement and thereafter on each
annual anniversary hereof so long as this Agreement is not terminated prior). The exercise price of each Option awarded and vested
shall be $_________ per share. For a period of 12 months after the closing of the Company’s initial public offering, the
Director agrees that he will not (1) offer, pledge, sell, contract to sell, grant, lend, or otherwise transfer or dispose of, directly
or indirectly, any Company securities; (2) enter into any swap or other arrangement that transfers to another, in whole or in part,
any of the economic consequences of ownership of the Company’s securities, whether any such transaction described in clause
(1) or (2) above is to be settled by delivery of Company securities, in cash or otherwise; or (3) publicly disclose the intention
to make any offer, sale, pledge or disposition, or to enter into any transaction, swap, hedge or other arrangement relating to
any Company securities.

 

Director acknowledges that he can be terminated
can be at any time with or without cause, depending on the Board of Directors, the Bylaws of the Company and/or vote of the Company
shareholders, at which time any and all consideration unearned or unvested at such time as stated hereinabove shall cease.

 

 

 

    	 	1	 

     

    

 

All stock options will be made pursuant
to the Company’s equity incentive plan, will be subject to the terms of such plan and will be formalized pursuant to an award
or option agreement.

 

DIRECTOR IS SOLELY RESPONSIBLE FOR ANY
AND ALL TAX CONSEQUENCES ARISING FROM THIS AGREEMENT AND REPRESENTS AND WARRANTS THAT HE/SHE HAS CONSULTED WITH TAX PROFESSIONALS
IN THIS REGARD AS MAY BE REQUIRED.

 

4.            
EXPENSES. In addition to the compensation provided in paragraph 3 hereof, the Company will reimburse the Director for pre-approved
(in writing) reasonable business-related expenses incurred in good faith in the performance of the Director’s duties for
the Company. Such payments shall be made by the Company within 10 business days of submission by the Director of a signed statement
itemizing the expenses incurred. Such statement shall be accompanied by sufficient documentary matter to support the expenditures.

 

5.             
CONFIDENTIALITY. The Company and the Director each acknowledge that, in order for the intents and purposes of this Agreement
to be accomplished, the Director shall necessarily be obtaining access to certain confidential information concerning the Company
and its affairs, including, but not limited to business methods, information systems, financial data and strategic plans which
are unique assets of the Company (“Confidential Information”). The Director covenants not to, either
directly or indirectly, in any manner, utilize or disclose to any person, firm, corporation, association or other entity any Confidential
Information. Director agrees to execute any further instruments required by Company in connection with the protection of Confidential
Information including but not limited to a Proprietary Rights and Inventions Agreement or otherwise.

 

6.             
GOVERNING LAW. This Agreement shall be interpreted in accordance with, and the rights of the parties hereto shall be determined
by, the laws of the State of Nevada without reference to that state’s conflicts of laws principles.

 

7.              COUNTERPARTS.
This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one instrument. Facsimile
or electronic .PDF (or similar format) execution and delivery of this Agreement is legal, valid and binding for all purposes.

 

8.             
ENTIRE AGREEMENT, OTHER. Except as provided elsewhere herein, this Agreement along with the Indemnification Agreement of
same date herewith, sets forth the entire agreement of the parties with respect to its subject matter and supersedes all prior
agreements, promises, covenants, arrangements, communications, representations or warranties, whether oral or written, by any officer,
employee or representative of any party to this Agreement with respect to such subject matter. This Agreement may not be assigned
without the express written consent of all parties hereto.

 

IN WITNESS WHEREOF, the parties hereto have
caused this Independent Director Agreement to be duly executed and signed as of the day and year set forth below.

 

 

FOR: Esports Technologies, Inc.

 

By: ____________________________

Name: Aaron Speach

Title: CEO

 

 

Date: __________________________

 

Independent Director

 

 

_______________________________

Address:

 

 

Date:__________________________

 

 

 

    	 	2Exhibit
4.1

 

 SPECIMEN
UNIT CERTIFICATE

  

NUMBER
UNITS U-[__]

 

TRINITY
ACQUISITION CORPORATION 

incorporated
under the Laws of the Cayman Islands

 

SEE
REVERSE FOR 

CERTAIN
DEFINITIONS

 

CUSIP
G9065B119

  

UNITS
CONSISTING OF ONE CLASS A ORDINARY SHARE AND ONE-THIRD OF ONE REDEEMABLE WARRANT TO PURCHASE ONE CLASS A ORDINARY SHARE

  

THIS
CERTIFIES THAT                     
is the owner of          Units.

 

Each
Unit (“Unit”) consists of one (1) Class A ordinary share, par value $0.0001 per share (“Ordinary
Shares”), of Trinity Acquisition Corporation, a Cayman Islands exempted company (the “Company”),
and one-third (1/3) of one redeemable warrant (each whole warrant, a “Warrant”). Each Warrant entitles
the holder to purchase one (1) Ordinary Share for $11.50 per share (subject to adjustment). Each Warrant will become exercisable
on the later of (i) thirty (30) days after the Company’s completion of a merger, share exchange, asset acquisition, share
purchase, reorganization or other similar business combination with one or more businesses (each, a “Business Combination”),
and (ii) twelve (12) months from the closing of the Company’s initial public offering, and will expire unless exercised
before 5:00 p.m., New York City Time, on the date that is five (5) years after the date on which the Company completes its initial
Business Combination, or earlier upon redemption or liquidation (the “Expiration Date”). The Ordinary
Shares and Warrants comprising the Units represented by this certificate are not transferable separately prior to [_____], 2021,
unless Goldman Sachs (Asia) L.L.C. elects to allow earlier separate trading, subject to the Company’s filing with the Securities
and Exchange Commission of a Current Report on Form 8-K containing an audited balance sheet reflecting the Company’s receipt
of the gross proceeds of the initial public offering and issuing a press release announcing when separate trading will begin.
No fractional warrants will be issued upon separation of the Units and only whole warrants are exercisable. The terms of the Warrants
are governed by a Warrant Agreement, dated as of [_____], 2021, between the Company and Continental Stock Transfer & Trust
Company, as Warrant Agent, and are subject to the terms and provisions contained therein, all of which terms and provisions the
holder of this certificate consents to by acceptance hereof.

  

Copies
of the Warrant Agreement are on file at the office of the Warrant Agent at 1 State Street, 30th Floor, New York, New York 10004,
and are available to any Warrant holder on written request and without cost.

  

Upon
the consummation of the Business Combination, the Units represented by this certificate will automatically separate into the Class
A Ordinary Shares and Warrants comprising such Units.

  

This
certificate is not valid unless countersigned by the Transfer Agent and Registrar of the Company.

     

     

    

This
certificate shall be governed by and construed in accordance with the internal laws of the State of New York.

  

Witness
the facsimile signatures of its duly authorized officers.

  

	By:	 	 	 	 
	 	Daniel
    Kar Keung Tseung	 	David
    Tse Young Chou	 
	 	Co-Chief Executive Officer	 	Co-Chief Executive Officer	 

  

For
and on behalf of 

Continental
Stock Transfer & Trust Company

 

	By:	 	 	 	 
	Name:	 	 	 	 
	Title:	 	 	 	 

     

     

    

Trinity
Acquisition Corporation 

 

The
Company will furnish without charge to each unitholder who so requests, a statement of the powers, designations, preferences and
relative, participating, optional or other special rights of each class of shares or series thereof of the Company and the qualifications,
limitations, or restrictions of such preferences and/or rights.

  

The
following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were
written out in full according to applicable laws or regulations:

  

	TEN COM	—	as tenants
    in common	 	UNIF
    GIFT MIN ACT	 	—	 	 	 	Custodian	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	TEN ENT	—	as tenants by the
    entireties	 	 	 	 	 	(Cust)	 	 	 	(Minor)
	 	 	 	 	 	 	 
	JT TEN	—	as joint tenants
    with right of survivorship and not as tenants in common	 	 	 	 	 	under
    Uniform Gifts to Minors Act
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	(State)

 

Additional
abbreviations may also be used though not in the above list.

     

     

    

For
value received,                     
hereby sells, assigns and transfers unto

  

(PLEASE
INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER(S) OF ASSIGNEE(S))

  

(PLEASE
PRINT OR TYPEWRITE NAME(S) AND ADDRESS(ES), INCLUDING ZIP CODE, OF ASSIGNEE(S))

 

Units
represented by the within Certificate, and does hereby irrevocably constitute and appoint                   Attorney to transfer the said
Units on the books of the within named Company with full power of substitution in the premises.

  

Dated
____________

  

	 	 
	 	 
	 	Notice: The
    signature to this assignment must correspond with the name as written upon the face of the certificate in every particular,
    without alteration or enlargement or any change whatever.

  

Signature(s) Guaranteed:

  

	 	 
	THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE
    GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED
    SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15 OR ANY SUCCESSOR RULES).	 

  

In
each case, as more fully described in the Company’s final prospectus
dated                ,    
2021,    the holder(s) of this certificate shall be entitled to receive a pro-rata portion of certain funds
held in the trust account established in connection with the Company’s initial public offering only (i) in the event of
the redemption of the Company’s Ordinary Shares sold in its initial public offering if the Company does not consummate
an initial business combination within the period of time set forth in the Company’s second amended and restated
memorandum and articles of association, as the same may be amended from time to time, (ii) in connection with a shareholder
vote to amend the Company’s second amended and restated memorandum and articles of association (A) to modify the
substance or timing of the Company’s obligation to provide holders of the Ordinary Shares the right to have their
shares redeemed in connection with the Company’s initial business combination or to redeem 100% of the Ordinary Shares
if the Company does not complete its initial business combination within the time period set forth therein or (B) with
respect to any other provision relating to the rights of holders of the Ordinary Shares, or pre-initial Business Combination
activity, and (iii) if the holder(s) seek(s) to redeem for cash his, her, its or their respective Ordinary Shares in
connection with a tender offer (or proxy solicitation, solely in the event the Company seeks shareholder approval of the
proposed initial business combination) setting forth the details of a proposed initial business combination. In no other
circumstances shall the holder(s) have any right or interest of any kind to or in the trust account.

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