Document:

gpox_ex41.htm

EXHIBIT 4.1
  
 
 Aggregate, Negotiate + Share!        Stock Ticker: GPOX
  
 ASSET PURCHASE AGREEMENT
  
 	 1. 
	 THE PARTIES. This Asset Purchase Agreement (“Agreement”), made on July 7, 2022, between GPO Plus, Inc. with a mailing address of 3571 E. Sunset Road, #300, Las Vegas, NV 89120 (“Buyer”), and Orev, LLC with a mailing address of 2659 Heritage Cir., Las Vegas, NV 89121 (“Seller”). Buyer and Seller are each referred to herein as a “Party” and, collectively, as the "Parties."

	  
	  

	 2. 
	 ASSETS (Tangible & Intangible). As part of this Agreement, the Buyer agrees to buy while the Seller agrees to sell all Tangible & Intangible Assets listed in Exhibit A. The Tangible Assets and the Intangible Assets shall be collectively known as the “Assets.”

	  
	  

	 3. 
	 PURCHASE PRICE. The purchase price of the Assets is Fifty Thousand USD ($50,000.00) and Two Hundred Thousand (200,000) shares of Buyer’s (GPO Plus, Inc., stock ticker: GPOX) Restricted common shares (“Purchase Price”).

   
 	  
	 a. 
	 Fifteen Thousand USD ($15,000.00) has been paid as a deposit as consideration when executing the Binding Letter of Intent (“LOI”), and an additional Thirty Five Thousand USD ($35,000.00) is due upon closing of this Asset Sale and Purchase.

	  
	  
	  

	  
	 b. 
	 Two Hundred Thousand (200,000) shares of Buyer’s (GPO Plus, Inc., stock ticker: GPOX) Restricted common shares issued to Seller upon the closing of the sale and purchase, the shares will be restricted under Rule144 of the Securities Act of 1933 (“Restricted Shares”).

   
 	 4. 
	 PAYMENT. The Purchase Price shall be paid at Closing, less the Fifteen Thousand USD ($15,000.00) Deposit paid.

	  
	  

	 5. 
	 APPROVAL OF 3rd PARTY. For the Assets to be sold, there is No Requirement for consent or approval from any 3rd party.

	  
	  

	 6. 
	 CLOSING. This transaction shall be closed on July 8, 2022, at 11:00 AM or earlier at an agreed upon location by the Parties. (“Closing”). Any extension of the Closing must be agreed upon, in writing, by Buyer and Seller.

	  
	  

	 7. 
	 CLOSING COSTS. All costs associated with the Closing shall be the responsibility of both Parties bearing their own expenses.

	  
	  

	 8. 
	 SELLER’S REPRESENTATIONS. The Seller covenants and represents the following:

   
 	 a. 
	 Fiduciary Duty. The Seller agrees that during the purchase process to hold a fiduciary duty in the best interests of the Buyer. The Seller shall in no way conduct any action that would disrupt the on-going status of the Assets’ value or condition. This obligation shall continue until the Closing.

	  
	  

	 b. 
	 Rights and Ownership. Seller makes the claim that they are the sole owner of the Assets with full rights to sell as stated in this Agreement. No other person has any claim, right, title, interest, or lien in, to, or on the Assets.

  
 GPO Plus, Inc. 3571 E. Sunset Road, Suite 300 | Las Vegas, NV 89120 | www.GPOPlus.com | 702.840.1020 | info@gpoplus.com
  
 	 
	Page 1
	

	 

  
 
 Aggregate, Negotiate + Share!        Stock Ticker: GPOX
  
 	  
	 c. 
	 Outstanding Liabilities. The Seller has no outstanding liabilities, liens, judgments, or obligations that directly or indirectly affect the Assets.

	  
	  
	  

	  
	 d. 
	 Taxes. Seller claims that all taxes related to the Assets have been paid-in-full.

	  
	  
	  

	  
	 e. 
	 Insurance. If there is any insurance on the Assets, the Seller agrees to provide the Buyer with a copy of the current insurance policy, if any, to the Buyer within a reasonable time period. The Buyer has the option to assume the policy subject to the insurer’s approval.

	  
	  
	  

	  
	 f. 
	 Outstanding Suits. There are no actions, suits, proceedings, or investigations pending or, to the knowledge of the Seller, threatened against or involving the Seller or brought by the Seller or affecting any of the Assets at law or in equity or admiralty or before any Federal, State, Municipal, or other governmental department, commission, board, agency, or instrumentality, domestic or foreign, nor has any such action, suit, proceeding, or investigation been pending during the preceding date hereof.

	  
	  
	  

	 9. 
	 PARTIES’ REPRESENTATIONS. The Parties represent and agree to the following:

	  
	  
	  

	  
	 a. 
	 Compliance with Agreement. The representations and warranties of the Seller contained in this Agreement, or any certificate or document delivered pursuant to the provisions hereof or in connection with the transactions contemplated hereby shall be true on and as of the Closing as though such representations and warranties were made at and as of such date, except if such representations and warranties shall be true as of such date.

	  
	  
	  

	  
	 b. 
	 Injunction. On the day of Closing, there shall be no effective injunction, writ, preliminary restraining order, or any order of any nature issued by a court of competent jurisdiction directing that the transactions provided for herein or any of them not to be consummated as herein provided.

	  
	  
	  

	  
	 c. 
	 Buyer’s Approval. All actions, proceedings, instruments, and documents required to carry out this Agreement, or incidental thereto, and all other related legal matters shall have been approved by counsel for the Buyer.

	  
	  
	  

	  
	 d. 
	 Casualty. The Assets, or any substantial portion thereof, shall not have been adversely affected in any material way as a result of any fire, accident, flood, or other casualty or act of God or public enemy, nor shall any substantial portion of the purchased property have been stolen, taken by eminent domain, or subject to condemnation. If the Closing occurs hereunder despite such casualty as a result of the waiver of this condition by the Buyer, the Seller shall assign or pay over to the Buyer the proceeds of any insurance or any condemnation proceeds with respect to any casualty involving the Assets that occur after the date hereof.

	  
	  
	  

	  
	 e. 
	 Adverse Change. Between the date of this Agreement and the Closing, there shall be no material adverse change of the Assets.

	  
	  
	  

	 10. 
	 SELLER’S INDEMNIFICATION. The Seller agrees to jointly and severally indemnify and hold the Buyer, and assigns, harmless from any and all claims of any nature whatsoever, including without limitation:

	  
	  
	  

	  
	 a. 
	 Claims. Tort claims and claims made by creditors, and any claims associated with the Assets that originated prior and up to the Closing; and

   
 GPO Plus, Inc. 3571 E. Sunset Road, Suite 300 | Las Vegas, NV 89120 | www.GPOPlus.com | 702.840.1020 | info@gpoplus.com
 	 
	Page 2
	

	 

  
 
 Aggregate, Negotiate + Share!        Stock Ticker: GPOX
  
 	  
	 b. 
	 Taxes. Claims that may be made hereinafter on account of Federal and State taxes, including, but not limited to, sales taxes, franchise taxes, unemployment taxes, Social Security taxes, excise taxes, and any other taxes of any nature or form on account of the Buyer ending on and accruing up to the Closing.

	  
	  
	  

	 11. 
	  
	 ACCESS TO INFORMATION: After the execution of this Agreement, the Buyer shall have full access to any and all information in reference to the Assets. The Buyer shall maintain a fiduciary duty to keep the information that it obtains confidential and agrees to not share with any third (3rd) party unless the Seller gives their written consent.

	  
	  
	  

	 12. 
	  
	 TRANSFER OF ASSETS. The Seller makes the following covenants to the Buyer:

	  
	  
	  

	  
	 a. 
	 Title. At the Closing Seller shall transfer all the Assets mentioned in this Agreement and be free and clear of all encumbrances. The Seller shall include any and all certificates and titles with the transfer of the Assets to be placed in the name of the Buyer or in a name the Buyer suggests. The Seller will provide Buyer all credentials (User ID’s and passwords) for all relevant accounts and websites. Seller will cooperate in any documents or actions necessary to complete the transfer of Assets to Buyer and shall be completed within Five (5) days of the Closing.

	  
	  
	  

	  
	 b. 
	 Period Until Closing. Until the Closing, the Seller assumes all risk of loss, damage, or destruction to the Assets subject to this Agreement until the Closing. If the Assets are damaged or lost prior to the Closing and their valuation is affected, the Seller agrees to negotiate, in good faith, a reasonable reduction in the Purchase Price due to such loss. The Parties shall have Five (5) days to negotiate such loss of value.

	  
	  
	  

	  
	 c. 
	 Cash and Proceeds From Sales. Any cash or proceeds from sales whether collected or uncollected made prior to 11:59 PM PST, on July 7, 2022 (hereinafter “Adjustment Date”) will be paid to Seller and any cash and proceeds from sales after Adjustment date will be paid to Buyer. In the event of any returns, adjustments or refunds they will Seller is responsible for sales prior to Adjustment date and Buyer is responsible for sales after the Adjustment Date.

	  
	  
	  

	 13. 
	  
	 CONFIDENTIALITY. All negotiations regarding the Assets between the Buyer and Seller shall be confidential and not to be disclosed with anyone other than the respective advisors and internal staff of the Parties and necessary third (3rd) parties. No press, or other public releases, will be issued to the general public concerning the Assets without mutual consent or as required by law, and then only upon prior written notice to the other party unless otherwise not allowed.

	  
	  
	  

	 14. 
	  
	 GOVERNING LAW. This Asset Purchase Agreement shall be governed under the laws by the State of Nevada.

	  
	  
	  

	 15. 
	  
	 SEVERABILITY. In case any provision or wording in this Asset Purchase Agreement shall be held invalid, illegal or unenforceable, the validity, legality, and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

	  
	  
	  

	 16. 
	  
	 ADDITIONAL TERMS.

	  
	  
	  

	  
	 a. 
	 GPOX will enter a one (1) year Consulting Agreement with Seller, attached in Exhibit B.

  
 GPO Plus, Inc. 3571 E. Sunset Road, Suite 300 | Las Vegas, NV 89120 | www.GPOPlus.com | 702.840.1020 | info@gpoplus.com
 	 
	Page 3
	

	 

  
 
 Aggregate, Negotiate + Share!        Stock Ticker: GPOX
  
 	  
	 b. 
	 GPOX will enter a one (1) year Employment Agreement with Nadege Bellissan, as an Individual, attached in Exhibit C.

	  
	  
	  

	  
	 c. 
	 On the one (1) year anniversary of this Agreement, at Sellers option, Seller may request Buyer to purchase up to Sixty Thousand (60,000) shares issued to Seller as consideration for this Agreement for a purchase price of Thirty Thousand USD ($30,000).

	  
	  
	  

	  
	 d. 
	 Seller will earn Five Percent (5%) of the Nutriumph Product Sales Net Profit as defined in Exhibit D.

	  
	  
	  

	 17. 
	 ENTIRE AGREEMENT. This Agreement contains all the terms agreed to by the parties relating to its subject matter including any attachments or addendums. This Agreement replaces all previous discussions, understandings, and oral agreements.

   
 Agreed to and accepted by:
  
 	  
	 SELLER and/or
	  
	 BUYER and/or GPOX,
	  

	  
	 Orlev, LLC 
	  
	 GPO Plus, Inc.
	  

	  
	  
	  
	  
	  

	  
	 By: /s/ Nadege Bellissan                
	  
	 By: /s/  Brett H. Pojunis                   
	  

	  
	 Printed Name: Nadege Bellissan 
	  
	 Printed Name: Brett H. Pojunis
	  

	  
	 Title: CEO 
	  
	 Title: CEO
	  

	  
	 Date: July 8, 2022 
	  
	 Date: July 8, 2022
	  

	  
	  
	  
	  
	  

	 Acknowledged and accepted Individually by:
	  
	  
	  

	  
	  
	  
	  
	  

	  
	 By: /s/ Nadege Bellissan                
	  
	  
	  

	  
	 Printed Name: Nadege Bellissan
	  
	  
	  

	  
	 Date: July 8, 2022   
	  
	  
	  

  
 GPO Plus, Inc. 3571 E. Sunset Road, Suite 300 | Las Vegas, NV 89120 | www.GPOPlus.com | 702.840.1020 | info@gpoplus.com
 	 
	Page 4
	

	 

  
 
 Aggregate, Negotiate + Share!        Stock Ticker: GPOX
  
 Exhibit A
 Nutriumph List of Assets to be Acquired 
   
 The following Assets are to be included in this Asset Purchase Agreement:
   
 1.    Trademarks: 
 a.    Nutriumph 
 b.    Herberall
  
 2.    Product List and inventory including all Intellectual Properties for each product such as promotional materials, editable label files, copyrights, etc.
  
 	 Product
	 Intellectual Properties
	 Amount in Inventory

	 Herberall
	 Herberall trademark + proprietary formula
	 552

	 Keto BHB
	  
	 391

	 Apple Cider Vinegar Gummies
	  
	 302

	 Turmeric
	  
	 315

	 Elderberry Gummies
	  
	 358

	 Myo - Inositol 
	  
	 356

	 Kids Gummy Bear Multivitamin
	  
	 241

	 Collagen peptides
	  
	 202

	 Liposomal Vitamin C
	  
	 265

	 Vitamin C Gummies
	  
	 376

	 Quercetin
	  
	 553

	 Mushroom
	  
	 481

	 Sea Moss
	  
	 505

	 Resveratrol
	  
	 219

	 Berberine
	  
	 369

  
 3.    Domain Names, web properties and descriptions:
 a.    Nutriumph.com - Website built on Wix
 b.    Herberall.com – built on Wix
   
 GPO Plus, Inc. 3571 E. Sunset Road, Suite 300 | Las Vegas, NV 89120 | www.GPOPlus.com | 702.840.1020 | info@gpoplus.com
  
 	 
	Page 5
	

	 

  
 
 Aggregate, Negotiate + Share!        Stock Ticker: GPOX
  
 4.    Social Media Profiles:
 a.    Facebook: 
 i.    https://www.facebook.com/nutriumph 
 i.    https://www.facebook.com/herberall
 b.    Instagram: 
 i.    https://www.instagram.com/nutriumph/ 
 i.    https://www.instagram.com/myherberall
 c.    Twitter: 
 i.    https://twitter.com/NUTRIUMPH 
 d.    Pinterest: 
 i.    https://www.pinterest.com/nutriumph/ 
 e.    LinkedIn: 
 i.    https://www.linkedin.com/in/nutriumph-supplements-9279151a9/ 
 f.    YouTube: 
 i.    https://www.youtube.com/channel/UCt0vo03JGcQmjOLLdNP34Kw
 g.    Quora: 
 i.    https://www.quora.com/profile/Nadia-Bagramyan 
  
 5.    Software, Online Selling Accounts + Merchant Accounts
 a.    QuickBooks (data only, not the account)
 b.    Merchant Accounts
 c.    Amazon Sellers Account
 d.    Walmart Sellers Account
 e.    Etsy Sellers Account
 f.    eBay Sellers Account
 g.    Other Sellers Accounts
  
 6.    Accounts Receivable.
 a.    Assignment of any balances as of the date of closing from Seller Accounts listed herein above.
  
 7.    Marketing and Social Media Advertising Accounts. 
 a.    Facebook Business Manager
 b.    Emails - Constant Contact / Wix email marketing
 c.    Pinterest ads
 d.    Google ads
  
 8.    Databases: 
 a.    Customer Database: 
 b.    Retail list:
 b.    General Marketing list: 10,500  
   
 GPO Plus, Inc. 3571 E. Sunset Road, Suite 300 | Las Vegas, NV 89120 | www.GPOPlus.com | 702.840.1020 | info@gpoplus.com
  
 	 
	Page 6
	

	 

  
 
 Aggregate, Negotiate + Share!        Stock Ticker: GPOX
  
 Exhibit B
 Orev, LLC Consulting Agreement
  
   
 GPO Plus, Inc. 3571 E. Sunset Road, Suite 300 | Las Vegas, NV 89120 | www.GPOPlus.com | 702.840.1020 | info@gpoplus.com
  
 	 
	Page 7
	

	 

  
 INDEPENDENT CONSULTANT AGREEMENT
  
 This agreement (the “Agreement”) is made and entered into as of July 8, 2021(the “Effective Date”) between GPO Plus, Inc. (the “Company”), a C Corp existing under the laws of the State of Nevada and having its principal offices at 3571 E. Sunset Road, Suite #300, Las Vegas NV 89120, and Orev, LLC (the “Contractor”) with a mailing address of 2659 Heritage Cir., Las Vegas, NV 89121, (collectively, the “Parties”).
  
 WHEREAS the Company requests the Contractor to perform services for it and may request the Contractor to perform other services in the future; and
  
 WHEREAS the Company and the Contractor desire to enter into an agreement, which will define respective rights and duties as to all services to be performed,
  
 WHEREAS the Contractor affirms that he or she understands all the provisions contained in this Agreement, and in the case that he or she requires clarification as to one or more of the provisions contained herein, he or she has requested clarification or otherwise sought legal guidance,
  
 NOW, THEREFORE, in consideration of the covenants and agreements contained herein, the parties hereto agree as follows:
  
 1. Services. Beginning on the Effective Date and remaining in effect for the Term of this non-exclusive Agreement, the Contractor shall provide the Company with the following services without limitation outlined and specifically described in Exhibit A, SCOPE & COMPENSATION.
  
 2. Term. Subject to the limiting provisions of this Agreement, the Term of the Contractor’s services will be:
  
 2.1. Initial One (1) year Term. Beginning on the Effective Date and ending on the first anniversary of the Effective Date. Thereafter, on each anniversary of the date of this Agreement (each, a “Renewal Date”), the Term of the Contractor’s Agreement shall be extended automatically for an additional one-year period, unless the Contractor gives written notice to Company, not less than thirty (30) days in advance of each such Renewal Date, of its intent to terminate this Agreement as of the end of the current period. The Term of the Contractors services under this Agreement is hereinafter referred to as the “Contract Period.” References herein to the Contract Period shall refer both to the initial 90 Days as well as one-year Term of this Agreement and to all successive extension periods.
  
 3. Contractor Representations and Warranties. Beginning on the Effective Date and remaining in effect for the Term, the Contractor makes the following representations and warranties.
  
 3.1. That he or she is fully authorized and empowered to enter into this Agreement, and that his or her performance of the obligations under this Agreement will not violate any agreement between the Contractor and any other person, firm or organization or any law or governmental regulation.
  
 3.2. That he or she is more than eighteen (18) years of age and not otherwise incapacitated at the time of the Agreement.
  
 3.3. That he or she will notify the Company of any change(s) to the Contractor’s schedule that could adversely affect the availability of the Contractor, whether known or unknown at the time of this Agreement, no later than two (2) weeks prior to such change(s). If the Contractor becomes aware of such change(s) within the two (2) week period, the Contractor shall promptly notify the Company of such change(s) within a reasonable amount of time.
  
 	 
	Page 1 of 8
	

	 

  
 3.4. That he or she will bear all expenses incurred in the performance of this Agreement.
  
 3.5. Duty of Loyalty. Contractor shall not engage in conflicting activities ever during the Contract Period and shall not engage in other non-conflicting business activities without written permission by CEO with Board oversight and such written permission shall include that such other business activities shall not detract from Contractor’s effective conduct of his duties or violate Contractor’s obligations to Company. During the Term, the Contractor’s business time, attention, skill, and energy will be devoted to the business of the Company sufficiently to perform their duties hereunder.
  
 3.6. Compliance with Company Policies. Contractor agrees to comply with and be subject to all of Company’s reasonable and lawful policies and procedures, including reasonable amendments to such policies and procedures adopted by Company, as well as such reasonable rules and regulations as are adopted from time to time by Company all as is described in the GPO Plus Employee/Contractor Handbook described in and attached to this Agreement by reference as Exhibit B.
  
 3.7. Compliance with Securities Laws. Contractor acknowledges that Company is publicly traded, and exchange listed, and Contractor will familiarize his/herself with public company regulations and they and their Affiliates agree to comply with all applicable state and federal securities laws, rules, and regulations, as may be in effect from time to time. Details of public company issues can be found in Exhibit B.
  
 3.8. Background Check. That he or she understands that like all Company employees/contractors, your employment/engagement is subject to a background check as a condition of your employment/engagement with the Company, you are required to sign the Company’s background check consent form.
  
 4. Company Representations and Warranties. Beginning on the Effective Date and remaining in effect for the duration of this Agreement, the Company makes the following representations and warranties.
  
 4.1. That it is fully authorized and empowered to enter into this Agreement, and that its performance of the obligations under this Agreement will not violate any agreement between the Company and any other person, firm or organization or any law or governmental regulation.
  
 4.2. That it is in full compliance with all laws and/or statutes applicable to the services described hereunder.
  
 5. Compensation. See Exhibit A, SCOPE AND COMPENSATION.
  
 6. Non-Disclosure, Non-Circumvention, Non-Compete and Contractor’s Work Product.
  
 6.1. Acknowledgments by the Contractor.
  
 The Contractor acknowledges by execution of this Agreement, that he/she have received all the documents listed and described in Exhibit B including but not limited to (i) GPO Plus Employee/Contractor Handbook and read it. (ii) Articles of Incorporation & Bylaws (iii) Responsibilities and Requirements (iv) Non-Disclosure, Non-Circumvention, Non-Compete Agreement.
  
 	 
	Page 2 of 8
	

	 

  
 7. Independent Contractor Status.
  
 7.1. The Contractor is an Independent Contractor of Company. Nothing contained in this Agreement shall be construed to create the relationship of Company and employee, principal and agent, partnership or joint venture, or any other fiduciary relationship.
  
 7.2. The Contractor shall have no authority to act as agent for, or on behalf of, the Company, or to represent the Company, or bind the Company in any manner without a written authorization mandate from Company CEO.
  
 7.3. The Contractor shall not be entitled to worker's compensation, retirement, insurance, or other benefits afforded to employees of the Company.
  
 8. General Provisions.
  
 8.1. Injunctive Relief and Additional Remedies. 
  
 The Contractor acknowledges that the injury that would be suffered by the Company because of a breach of the provisions of this Agreement (including any provision of Sections herein) would be irreparable, and that an award of monetary damages to the Company for such a breach would be an inadequate remedy. Consequently, the Company will have the right, in addition to any other right it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce any provision of this Agreement. Without limiting the Company’s rights under this Section or any of the provisions of other Sections herein, the Company will have the right to cease making any payments otherwise due to the Contractor under this Agreement.
  
 8.2. Covenants of these Sections are Essential and Independent Covenants. 
  
 The covenants by the Contractor in Exhibit B are essential elements of this Agreement, and without such covenants, the Company would not have entered into this Agreement or engaged the Contractor. The Company and the Contractor have independently consulted their respective counsel and have been advised in all respects concerning the reasonableness and propriety of such covenants, with specific regard to the nature of the business conducted by the Company.
  
 The Contractor’s covenants in these Sections are independent covenants and the existence of any claim by the Contractor against the Company under this Agreement or otherwise will not excuse the Contractor’s breach of any covenant in these Sections.
  
 If the Contractor’s engagement hereunder expires or is terminated, this Agreement will continue in full force and effect as is necessary or appropriate to enforce the covenants and agreements of the Contractor in Sections herein.
  
 8.3. Disputes or Controversies. The Contractor recognizes that should a dispute or controversy arising from or relating to this Agreement be submitted for adjudication to any court, arbitration panel, or other third party, the preservation of the secrecy of Confidential Information may be jeopardized. All pleadings, document, testimony, and records relating to any such adjudication will be maintained in secrecy and will be available for inspection by the Company, the Contractor, and their respective attorneys and experts, who will agree, an advance and writing, to receive and maintain all such information in secrecy, except as may be limited by them in writing.
  
 	 
	Page 3 of 8
	

	 

  
 9. Intellectual Property.
  
 9.1. The Contractor represents that all content provided by the Contractor to the Company, in furtherance of the services described hereunder, including, without limitation, images, videos and text, including any intellectual property, such as copyrights or trademarks (the “Content”), is owned solely and legally by the Company. The Contractor agrees that any such information, work product, and other results, systems and information developed by the Contractor and/or the Company in connection with such services (hereinafter referred to collectively as the "Work Product") shall, to the extent permitted by law, be a "work made for hire" within the definition of Section 101 of the Copyright Act (17 U.S.C. § 101) and shall remain the sole and exclusive property of Company.
  
 9.2. The Company grants the Contractor a non-exclusive, transferable, sub-licensable, royalty-free, worldwide license to use any Content in connection with the services described hereunder as long as Contractor remains engaged by Company.
  
 9.3. Any materials developed by the Company, making use of Content, remains the sole property of the Company subject to all applicable laws and/or statutes.
  
 10. Liability.
  
 10.1. The Company shall not be responsible for any costs incurred by the Contractor, including, without limitation, any and all fees and expenses.
  
 10.2. The Company makes no guarantees regarding the physical and/or mental fitness of any Client. The Contractor shall perform the services set out in this Agreement at his or her own risk.
  
 10.3. EXCEPT WITH RESPECT TO THE PARTIES’ INDEMNIFICATION OBLIGATIONS, NEITHER PARTY SHALL BE LIABLE TO THE OTHER FOR ANY SPECIAL, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES ARISING FROM OR RELATED TO THIS AGREEMENT, INCLUDING BODILY INJURY, DEATH, LOSS OF REVENUE, OR PROFITS OR OTHER BENEFITS, AND CLAIMS BY ANY THIRD PARTY, EVEN IF THE PARTIES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE FOREGOING LIMITATION APPLIES TO ALL CAUSES OF ACTION IN THE AGGREGATE, INCLUDING WITHOOUT LIMITATION TO BREACH OF CONTRACT, BREACH OF WARRANTY, NEGLIGENCE, STRICT LIABILITY, AND OTHER TORTS.
  
 11. Indemnification.
  
 11.1. The Contractor agrees to indemnify and hold harmless the Company, its affiliates, and its respective officers, directors, agents and employees from any and all claims, demands, losses, causes of action, damage, lawsuits, judgments, including attorneys’ fees and costs, arising out of, or relating to, the Contractor’s services under this Agreement. This provision shall survive the duration of this Agreement.
  
 	 
	Page 4 of 8
	

	 

  
 11.2. The Contractor agrees to defend against any and all claims, demands, causes of action, lawsuits, and/or judgments arising out of, or relating to, the Contractor’s services under this Agreement, unless expressly stated otherwise by the Company, in writing.
  
 12. Duration.
  
 12.1. This non-exclusive Agreement shall take effect immediately and shall remain in full force and effect for the Contract Period, or until terminated pursuant to this Agreement.
  
 12.2. The Contractor’s Agreement may be terminated by the Company for cause at any time.
  
 12.3. This Agreement, and any accompanying appendices, duplicates, or copies, constitutes the entire agreement between the Parties with respect to the subject matter of this Agreement, and supersedes all prior negotiations, agreements, representations, and understandings of any kind, whether written or oral, between the Parties, preceding the date of this Agreement.
  
 12.4. This Agreement may be amended only by written agreement duly executed by an authorized representative of each party.
  
 12.5. If any provision or provisions of this Agreement shall be held unenforceable for any reason, then such provision shall be modified to reflect the parties’ intention. All remaining provisions of this Agreement shall remain in full force and effect for the duration of this Agreement.
  
 12.6. No modifications to this Agreement shall be binding upon the Company without the express, written consent of the Company.
  
 12.7. This Agreement shall not be assigned by either party without the express consent of the other party.
  
 13. Governing Law and Jurisdiction.
  
 13.1. This Agreement shall be governed by and construed in accordance with the laws of the State of Nevada without reference to any principles of conflicts of laws, which might cause the application of the laws of another state. Any action instituted by either party arising out of this Agreement shall only be brought, tried and resolved in the applicable federal or state courts having jurisdiction in the State of Nevada. EACH PARTY HEREBY CONSENTS TO THE EXCLUSIVE PERSONAL JURISDICTION AND VENUE OF THE COURTS, STATE AND FEDERAL, HAVING JURISDICTION IN THE STATE OF NEVADA.
  
 14. Waiver of Rights.
  
 14.1. A failure or delay in exercising any right, power or privilege in respect of this Agreement will not be presumed to operate as a waiver, and a single or partial exercise of any right, power or privilege will not be presumed to preclude any subsequent or further exercise, of that right, power or privilege or the exercise of any other right, power or privilege.
  
 	 
	Page 5 of 8
	

	 

  
 IN WITNESS WHEREOF, the Parties, intending to be legally bound, have each executed this agreement as of the Effective Date.
  
 	  
	 OREV, LLC / CONTRACTOR: 
	  
	 GPO PLUS, INC. / COMPANY:
	  

	  
	  
	  
	  
	  

	  
	 By: /s/ Nadege Bellissan                
	  
	 By: /s/  Brett H. Pojunis                   
	  

	  
	 Nadege Bellissan, Contractor  
	  
	 Brett H. Pojunis, CEO
	  

                      
 Contractor Address and Contact Information:
  
 Nadege Bellissan
 2659 Heritage Cir.
 Las Vegas, NV 89121
 Phone: 310.913.8827
  
 	 
	Page 6 of 8
	

	 

  
 EXHIBIT A: 
  
 SCOPE AND COMPENSATION GUIDELINES
  
 The services performed by the Contractor under this Agreement include but are not limited to: 
  
 1.1.      Provide general consulting services to GPOX. 
 1.2.      Facilitate introductions to key partners, consultants and other individuals and entities to assist growth.
 1.3.      Generate and bring sales to Nutriumph and GPOX.
 1.4.      Identify and introduce potential acquisition targets to GPOX.
 1.5.      Assist in product development and research and development on current and future projects, specifically for Nutriumph products.  
 1.6.      Report to the Company’s CEO and board of directors, and respond to requests in timely fashion via phone, email, and text messages.
 1.7.      Attend regularly scheduled meetings, take notes and spearhead follow up on action items.
 1.8.      Follow all GPOX general policies and assist in achieving GPOX initiatives.
 1.9.      Take ownership of additional duties and special projects.
 1.10.    Uphold the highest level of confidentiality of all corporate, personnel, and research matters.
  
 2. Compensation. 
  
 Terms & Conditions Governing Compensation Plan. The following terms and conditions govern and form the Compensation (“Plan”) for all work performed by (“Contractor”) and earned by Company.
  
 2.1. Compensation. For Scope of Work Duties & Responsibilities, Contract will receive the following:
  
 a) Two Thousand Five Hundred USD ($2,500) per Month payable in accordance with the Company’s payroll procedures.
  
 b) In the event Nutriumph monthly sales exceed Fifteen Thousand USD ($15,000), an additional One Thousand USD ($1,000) will be paid per month to the Contractor.
  
 2.2. Commissions. No commissions shall be paid for standard obligated Scope of Work duties as outlined in this Agreement and this Exhibit A. However, from time to time, there will be opportunities available for the Contractor earn commissions. These commissions must be agreed upon in writing and approved by CEO under Board oversight.
  
 2.3. All Compensation is subject to modification from time to time by the Company at any time with prior written notice, to reflect new incentive situations, pricing structure, billing procedures or changes in marketing emphasis. It is also subject to adjustment for specific accounts and sales situations when the circumstances warrant revised treatment, provided that adjustments shall be fairly applied to Contractor. No amendment or modification of the Compensation shall be made except by an Addendum attached to this Agreement mutually agreed to in writing.
  
 3. The Company shall not be responsible for federal, state, and local taxes derived from the Contractor's net income or for the withholding and/or payment of any federal, state, and local income and other payroll taxes, workers' compensation, disability benefits or other legal requirements applicable to the Contractor.
  
 3.1. Expenses. Contractor shall bear all expenses incurred in the performance of this Agreement. In the event Company makes a special request in which there might be some expectation of Company reimbursing an out of the ordinary expense any such expense must be preapproved in writing by Company.
  
 3.2. Other Agreements. Other agreements as may be required for work not described or contemplated by this agreement must be in writing and executed by the parties. Company will provide the scope in writing to Contractor and the parties will negotiate terms, pricing and payment and reduce the same in writing in advance of engagement beginning.
  
 3.3. Entire Agreement. This Exhibit shall represent the entire Compensation and Scope for this Opportunity, subject to the Agreement and Other Agreements.
      
 	 
	Page 7 of 8
	

	 

  
 EXHIBIT B
  
 Employee/Contractor GPO PLUS Handbook
  
 Non-Disclosure Non-Circumvention Non-Compete-Contractor’s Work Product
  
 	 
	Page 8 of 8
	

	 

  
 
 Aggregate, Negotiate + Share!        Stock Ticker: GPOX
  
 Exhibit C
 Nadege Bellissan Employment Agreement
   
   
 GPO Plus, Inc. 3571 E. Sunset Road, Suite 300 | Las Vegas, NV 89120 | www.GPOPlus.com | 702.840.1020 | info@gpoplus.com
  
  	 
	Page 8
	

	 

  
  
EMPLOYMENT AGREEMENT
  
 THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made effective as of the July 08, 2022 (the “Effective Date”), by and between GPO Plus, Inc., a Nevada corporation (the “Employer” “Company”), and Nadege Bellissan, a Resident of Nevada (the “Executive”).
  
 RECITALS
  
 WHEREAS the Employer desires to employ the Executive as Chief Executive Officer, “CEO” of Nutriumph a division of GPO Plus Inc., reporting to the CEO of GPOX and/or its designee, and the Executive desires to accept such employment upon the terms and conditions set forth in this Agreement; and
  
 WHEREAS the Employer recognizes the need for the knowledge, talents, and assistance of Executive and desires to enter into this Agreement to secure the foregoing.
  
 AGREEMENT
  
 NOW, THEREFORE, in consideration of the promises herein contained, the parties, intending to be legally bound, agree as follows:
  
 1.EMPLOYMENT, TERM, AND DUTIES
  
 1.1 Employment.
  
 The Employer hereby employs the Executive as an Officer of the Company, and the Executive hereby accepts employment by the Employer, on the terms and conditions set forth in this Agreement (“Employment Services”).
  
 1.2 Position and Duties.
  
 (a) Position. The Company hereby employs Executive as its Chief Executive Officer “CEO” of Nutriumph, a division of GPO Plus Inc. subject to the review of the Board, and continued election in accordance with the terms of this Agreement and shall retain the title thereof during the Employment Period.
  
 (b) Duties. The Executive will have such duties as outlined in Exhibit A, and hereby agrees to perform such duties of a CEO as are assigned or delegated to the Executive by the CEO of Employer and/or the Board of Directors of the Employer, which duties shall include those as are generally performed by executive of similar rank as the Executive in the Employer’s industry. The Executive agrees to subject herself at all times during the Employment Period to the reasonable and lawful direction and control of the Board of Directors of Employer in respect to the duties to be performed and shall report directly to the Board of Directors of the Employer. The Executive will devote such time, attention, skill, and energy as is reasonably necessary to fully and timely perform the Executive’s duties to the Employer as its CEO under this Agreement. The Executive will use her efforts to promote the success of the Employer’s business and will cooperate fully with the Board of Directors in the advancement of the best interests of the Employer. In that regard, and as further consideration for this Agreement, the Executive agrees to comply with, and abide by, such rules and directives of the Employer, as may be reasonably established from time to time, and recognizes the right of the Employer, in its reasonable direction, to change, modify or adopt new policies and practices affecting the employment relationship, which are reasonable and not inconsistent with this Agreement, as deemed appropriate by the Employer. Director’s duties are defined by the Company By-Laws and as determined by resolutions of the Board.
  
 	 
	1
	

	 

  
 (c) Duty of Loyalty. From the Effective date, Executive shall not engage in conflicting activities without advanced written permission by Board oversight, together with the basis for allowing conflicting activities and why granting permission is fair to both Parties and shall not engage in other non-conflicting business activities without written permission Board oversight and such written permission, which shall not be unreasonably withheld, shall include that such other business activities shall not detract from Executive’s effective conduct of her duties or violate Executive’s obligations to Company. During the Employment Period, the Executive’s primary business time, attention, skill, and energy will be devoted to the business of the Employer. The Executive may devote such time to personal affairs as shall not materially interfere with the performance of her duties hereunder. This Section will not prevent the Executive from engaging in additional activities in connection with personal investments and community affairs that are not inconsistent with this Agreement but shall be disclosed to Company. Outside business activities shall be disclosed to CEO of Employer and the Board.
  
 (d) Compliance with Company Policies. Executive agrees to comply with and be subject to all of Company’s reasonable and lawful policies and procedures, including reasonable amendments to such policies and procedures adopted by Company, as well as such reasonable rules and regulations as are adopted from time to time by Company.
  
 (e) Compliance with Securities Laws. Executive acknowledges that Company is publicly traded, and exchange listed, and Executive will familiarize themself with public company regulations and they and their Affiliates agree to comply with all applicable state and federal securities laws, rules, and regulations, as may be in effect from time to time especially and more particularly insider information.
  
 1.3 Term.
  
 The term of Executive’s employment under this Agreement shall commence on the date of execution of this Agreement (“Effective Date”) and shall continue unless and until terminated earlier in accordance with the Severance Provisions (See 4.3 et seq.) in this Agreement. The term of the Executive’s employment under this Agreement will be one (1) year, beginning on the “Effective Date” and ending on the first anniversary of the Effective Date. Thereafter, on the anniversary of the Effective Date of this Agreement (each, a “Renewal Date”), the term of the Executive’s employment shall be extended automatically for an additional one-year period, unless either the Employer or the Executive gives written notice to the other, not less than thirty (30) days in advance of each such Renewal Date, of its intent to terminate this Agreement as of the end of the current period. The term of the Executive’s employment under this Agreement is hereinafter referred to as the “Employment Period” (subject to the provisions of Section 4 of this Agreement). References herein to the Employment Period shall refer both to the initial one-year term of this Agreement and to all successive extension periods.
  
 2.COMPENSATION
  
 2.1. Obligations Contingent on Performance.
  
 The obligations of the Employer hereunder, including its obligation to pay the compensation provided for herein, are contingent upon the Executive’s performance of the Executive’s obligations hereunder unless otherwise provided by the terms of this Agreement.
  
 All Compensation is subject to review and modification from time to time by the Employer’s Board and/or compensation committee at any time with prior written notice, to reflect new incentive situations, pricing structure, revenue growth or changes in financial standing. It is also subject to adjustment for specific acquisitions, ventures, or other activities when the circumstances warrant revised treatment, provided that adjustments shall be fairly applied to Executive. No amendment or modification of the Compensation shall be made except by a mutually agreed to Addendum attached to this Agreement.
  
 2.2. Regular Compensation.
  
 For all services to be rendered by Executive in any capacity hereunder, Executive shall be entitled to receive “Regular Compensation” in the following annual amounts:
  
 (a) Salary. The Executive will be paid an initial annual salary (the “Salary”) of Six Thousand and 00/Dollars ($6,000.00), subject to increases as provided below, which will be payable in equal periodic installments according to the Employer’s customary payroll practices, but not less frequently than monthly.
  
 	 
	2
	

	 

  
 (b) Accrual. The Executive acknowledges that Company has advised that Company doesn’t not have the funds available to pay the monthly compensation as of the date of the agreement and it may be a few weeks, months before it can do so, however both Company and Executive agree that the sums due will be accrued and paid at the first available opportunity in part or lump as finances will allow.
  
 (c) Vacation. The Executive shall be entitled to two (2) weeks of paid vacation each year, exclusive of legal holidays, as long as the scheduling of Executive’s vacation does not interfere with the Company’s normal business operations.
  
 (d) Annual Bonus. With respect to each fiscal year of the Company ending during her employment, Executive shall be eligible to earn an annual bonus (an “Annual Bonus”) based on the achievement of reasonable individual and corporate performance objectives established by the Board and communicated to Executive. The Executive will be subject to an annual performance review (“Review”). Any performance-based incentive compensation resulting from the Review may include combinations of cash and/or equity, consisting of any combination of common stock, options, restricted stock grants, etc. at the sole discretion of the Board or compensation committee. In addition to a Review, Executive may receive bonuses such as Preferred, Redeemable Shares directly related to other business development activities such as acquisitions, mergers, strategic partnerships, joint ventures, etc. at the sole discretion of the Board or compensation committee.
  
 (e) Benefits. Executive shall be eligible to participate in any employee benefits program offered by Employer, including, but not limited to; group or individual insurance plans for health, dental or vision care and any retirement, deferred-compensation, Company’s defined benefit pension plan upon inception of the plan, or other post-employment benefit plan. Executive contributions, if any, toward any such benefits shall be withheld from compensation in accordance with the Company’s standard payroll schedule.
  
 2.3. Equity Compensation & Stock Options.
  
 (a) Equity Based Compensation. Equity Based Compensation for the initial 1-year term will also be comprised of stock compensation in the amount of Sixty Thousand (60,000) restricted shares at Par Value of $0.0001 per share to be vested quarterly over one (1.0) year in the amount of Fifteen Thousand (15,000) restricted shares per quarter.
 (b) Stock Options. Executive will receive the right to purchase shares of Employers Common Stock at a strike price TBD per share, exercisable over five (5) years from the execution date of this agreement. These stock options will vest ratably over a multi-year period and, if unexercised, the rights will expire three months after the Executive’s termination. This provision does not preclude Executive from acquiring any additional or future rights to purchase Common Stock in Company at a predetermined price.
  
 (c) Stock Grants in lieu of cash. In exchange for Executive delivering to Employer all Executive’s network, past sales customer database that Executive has access to, future sales and her sales organization that will be compensated by Employer, Executive is to be rewarded and paid by the Company through a grant of shares TBD on a case-by-case basis.
  
 (d) Stock Purchase Agreement(s). Each issuance of shares requires in most instances a Stock Purchase Agreement (SPA). Employee agrees to execute such SPAs as required and abide by reasonable terms and conditions.
  
 (e) Special Achievement Awards. Certain significant milestones in the Company’s development, or attainment of certain critical goals, or the achievement of certain EBITDA, earnings, acquisitions, special contracts producing significant revenue, or offerings, shall cause other bonus awards to be granted to the Executive at the discretion of the Board, but in accordance with the critical goals conveyed by the Board to the Executive each year. These Special Achievement Awards (“SAA”) shall be awarded and are subject to the same terms, conditions, and limitations in accordance with the Regular and Bonus Compensation sections of this Agreement. These SAAs shall be defined and described on an attachment to this Agreement as Exhibit “B”.
  
 	 
	3
	

	 

  
 3.WORKING FACILITIES AND EXPENSES
  
 3.1. Facilities.
  
 The Employer will furnish the Executive in the immediate area in which she resides, if needed, with office space, equipment, supplies, secretarial services, and such other facilities and personnel necessary or appropriate to Executive’s position and adequate for the performance of Executive’s duties under this Agreement.
  
 3.2. Expenses.
  
 The Employer will reimburse the Executive for all pre-approved reasonable expenses actually incurred by the Executive at the request of, or on behalf of, the Employer in the performance of the Executive’s duties pursuant to this Agreement, and in accordance with the Employer’s employment policies, within 15 days after invoicing the Employer, including, but not limited to appropriate business entertainment activities, reasonable expenses incurred by the Executive in attending conferences, conventions and institutes previously approved by the Employer, and other business meetings, provided however, proper itemization of said expenses is furnished to the Employer by the Executive in accordance with the Employer’s policies. All such expenditures shall be subject to the reasonable control of the Employer. As funds are available, Company shall also provide Executive an annual allowance of Four Thousand USD ($4,000) to be used by Executive for professional membership and licensing, membership to a Club of her choice, and reimbursement for a life insurance policy on the life of Executive.
  
 4.TERMINATION
  
 4.1. Events of Termination.
  
 The Executive’s basic compensation, benefits, stock options, stock purchase rights, and any and all other rights of the Executive as an employee of the Employer, under this Agreement or otherwise that are earned during the Employment Period, shall be paid to Executive, however, unearned benefits will terminate (except as otherwise provided in this Section 4). This Agreement may be terminated:
  
 (a) upon the death of the Executive;
  
 (b) upon the disability of the Executive (as defined in Section 4.3) immediately upon notice from either party to the other;
  
 (c) for “Cause” (as defined in Section 4.4), immediately upon notice from the Employer to the Executive, or at such later time as such notice may specify; or without “Cause”, upon not less than thirty (30) days prior notice from the Employer to the Executive; or
  
 (d) for “Good Reason” (as defined in Section 4.5), or without “Good Reason” upon not less than thirty (30) days prior notice from the Executive to the Employer.
  
 4.2. Severance Provisions.
  
 Effective upon the termination of this Agreement, the Employer will be obligated to pay the Executive (or, in the event of death, her designated beneficiary as defined below) only such compensation as is provided in this Section in settlement and complete release of all claims the Executive may have against the Employer.
  
 The Executive acknowledges and agrees that the severance benefits of her employment, under this Section 4 shall be the Executive’s sole remedy in the event of a termination of Executive’s employment.
  
 (a) Termination in the First 90 Days. If either party, for any reason, terminates the Executive’s employment hereunder during the first 90 days from the Effective Date (the “Trial Period”), all compensation, benefits, commissions, stock options, stock purchase rights, and any and all other rights of the Executive earned to date under this Agreement, or otherwise, as an Executive of the Employer will be retained by Executive except that the Stock Grants in lieu of cash grant in Section 2.3(d) will terminate unless Executive remains employed with Company for the minimum 90 days.
  
 	 
	4
	

	 

  
 (b) Termination by the Executive for Good Reason or Without Cause. If the Executive terminates this Agreement for Good Reason or without Cause, the Employer will pay the Executive and the Executive will be entitled to receive only the Executive’s then-current Salary for the remainder, if any, of the current calendar years Employment Period, payable in accordance with this Agreement, as if this Agreement had not been terminated prior to the end of such period (the “Severance Pay”) as well as all previously awarded shares of stock of the Company, which shares shall be deemed vested, and any earned stock options, warrants, and benefits. Notwithstanding the foregoing, if the Executive terminates this Agreement pursuant to Change of Control, the Executive will be entitled to receive (i) the Executive’s then-current Salary for the remainder, if any, of the current calendar year Employment Period, plus (ii) an amount equal to the Executive’s then- current Salary for a period of one (1) additional year, payable in twelve (12) equal monthly installments in accordance with the Employer’s customary payroll practices, as well as all previously awarded shares of stock of the Company, which shares shall be deemed vested, and any earned stock options, warrants, and benefits.
  
 (c) Termination by the Employer for Cause or by the Executive Without Good Reason. If the Employer terminates this Agreement for Cause or if the Executive terminates this Agreement without Good Reason, the Executive’s future basic compensation, benefits, commissions, stock options, stock purchase rights, and any and all other rights of the Executive under this Agreement or otherwise as an Executive of the Employer will terminate, provided however, the Executive will be entitled to receive only her then-current calendar year’s Salary through the date such termination is effective together with the Executive’s basic compensation, shares of stock previously awarded (subjected to vesting as set forth herein), benefits, stock options, and stock purchase rights already earned.
  
 (d) Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined, the Employer will pay the Executive and the Executive will be entitled to receive only her then-current Salary through the remainder of the calendar month during which such termination is effective, and for the lesser of (i) three (3) consecutive months thereafter, or (ii) the period of time until disability insurance benefits commence under disability insurance coverage of the Executive, if any. However, the Executive’s basic compensation, shares of stock previously awarded (subjected to vesting as set forth herein), benefits, stock options, stock purchase rights earned shall be retained.
  
 (e) Termination upon Death. If this Agreement is terminated because of the Executive’s death, the Executive's Designated Beneficiary (as defined below) will be entitled to receive the Executive's then- current Salary for the remainder of the Employment Period, if any, together with any of the Executive’s basic compensation, shares of stock previously awarded (subjected to vesting as set forth herein), benefits, stock options, stock purchase rights earned as well as a retirement and/or pension rights.
  
 For purposes of this Section, the Executive’s "Designated Beneficiary" will be such individual beneficiary or trust, located at such address, as the Executive may designate by notice to the Employer from time to time or, if the Executive fails to give notice to the Employer of such Designated Beneficiary, the Executive’s estate. Notwithstanding the preceding sentence, the Employer will have no duty, in any circumstances, to attempt to open an estate on behalf of the Executive, to determine the existence of any trust, to determine whether any person or entity purporting to act as the Executive’s personal representative (or the trustee of a trust established by the Executive) is duly authorized to act in that capacity, or to locate or attempt to locate any beneficiary, personal representative, or trustee.
  
 (f) Benefits. The Executive’s accrual of, or participation in plans providing for, the Benefits will cease at the effective date of the termination of this Agreement, and the Executive will be entitled to accrued Benefits pursuant to such plans only as provided in such plans.
  
 	 
	5
	

	 

  
 4.3. Definition of “Disability”.
  
 For the purposes of this Section, "Disability" shall mean a physical or mental disability or infirmity that prevents the performance of the Executive's employment-related duties lasting (or likely to last, based on competent medical evidence presented to the Board of Directors of the Employer) for a period of six (6) months or longer, and within thirty (30) days after the Employer notifies the Executive in writing that it intends to replace him, the Executive shall not have returned to the performance of her employment-related duties on a full-time basis. The Employer's reasonable and good faith judgment of Disability shall be final, binding, and conclusive and shall be based on such competent medical evidence as shall be presented to the Board of Directors of the Employer (the "Board") by the Executive or by any physician or group of physicians or other competent medical expert employed by the Executive or the Employer to advise the Board.
  
 4.4. Definition of “Cause”.
  
 For the purposes of Section 4, the word “Cause” means any of the following:
  
 (a) the Executive’s material breach of this Agreement, after written notice and opportunity to Cure;
  
 (b) the Executive’s failure to adhere to any material written Employer policy, if the Executive has been given a reasonable opportunity to comply with such policy or cure her failure to comply (which reasonable opportunity must be granted during the ten-day period preceding termination of this Agreement);
  
 (c) the Executive's appropriation (or attempted appropriation) of a material business opportunity of the Employer, including attempting to secure or securing any personal profit in connection with any transaction entered into on behalf of the Employer;
  
 (d) the Executive's material misappropriation (or attempted misappropriation) of any of the Employer’s funds or property;
  
 (e) the Executive’s conviction of, or the entering of a guilty plea or plea of no contest with respect to, a felony, the equivalent thereof, or any other crime with respect to which imprisonment in excess of 90 days is the punishment;
  
 (f) any behavior or conduct of the Executive that, in the reasonable judgment of the Employer’s Board of Directors, is materially detrimental to, or materially harms, the business or reputation of the Employer; or
  
 (g) the Executive’s knowing and willful failure to comply in all material respects with the material federal and state laws, rules and regulations relating to any of Executive’s responsibilities and duties with Employer after written noticed and opportunity to Cure;
  
 4.5. Definition of Cure.
  
 For purpose of Section 4, the word “Cure” means the following: if applicable the Executive must be given a reasonable opportunity of 10 days to comply with his/her failure to comply which reasonable opportunity must be granted during the ten-day period preceding termination of this Agreement);
  
 4.6. Definition of “Good Reason”.
  
 For the purposes of Section 4, the phrase “Good Reason” means any of the following:
  
 (a) the Employer’s material breach of this Agreement, after written notice and opportunity to Cure;
  
 (b) the assignment of the Executive without her consent to a position, title, responsibilities, or duties of a materially lesser status or degree of responsibility than her position, responsibilities, or duties at the Effective Date;
  
 	 
	6
	

	 

  
 (c) the removal of, or failure to maintain, Executive as a Director on the Company’s Board of Directors;
  
 (d) the required relocation of Executive’s principal work location as of the Effective Date for a period of more than four week per year;
  
 (e) a "Change in Control", if any successor of the Employer fails to assume or otherwise honor the terms this Agreement in its entirety; or
  
 For purposes of subsection (e) of this Section, "Change in Control" shall mean the first to occur of any of the following events after the Effective Date hereof:
  
 i. the acquisition by any person, entity or "group" (as defined in Section 13(d) of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”)) of fifty percent (50%) or more of the combined voting power of the Employer’s then outstanding voting securities, except such an acquisition by the Employer, or any employee benefit plan of the Employer;
  
 ii. the merger the merger or consolidation of the Employer with any person, entity, or group, if as a result of such merger or consolidation persons who were shareholders of the Employer, as the case may be, immediately prior to such merger or consolidation, do not, immediately thereafter, own, directly or indirectly, more than 50% of the combined voting power entitled to vote generally in the election of directors of the merged or consolidated company;
  
 iii. the bankruptcy, liquidation, or dissolution of the Employer; and
  
 iv. the sale, transfer, or other disposition of all or substantially all of the assets of the Employer to one or more persons or entities that are not, immediately prior to such sale, transfer or other disposition, controlled by, controlling or under common control with the Employer.
  
 5.REFERENCES
  
 The Employer agrees that, upon termination of this Agreement, it will, upon written request of the Executive, furnish references to third parties, including prospective employers, regarding the Executive. However, the Executive acknowledges that it is the Employer’s policy to confirm employment only, and not to release any additional information without the written release from the Executive.
  
 6.NON-DISCLOSURE NON-CIRCUMVENTION NON-COMPETE, EXECUTIVE’S WORK PRODUCT
  
 6.1. Acknowledgments by the Executive.
  
 The Executive acknowledges that she has received the working draft of all the documents listed and described in Exhibit C which are to be submitted to the Board for final review and approval, including but not limited to (i) GPO Plus Employee Handbook and read it. (ii) Articles of Incorporation & Bylaws (iii) Responsibilities and Requirements (iv) Non-Disclosure, Non-Circumvention, Non-Compete Agreement.
  
 7.GENERAL PROVISIONS
  
 7.1. Injunctive Relief and Additional Remedies.
  
 The Executive acknowledges that the injury that would be suffered by the Employer as a result of a breach of the provisions of this Agreement (including any provision of Sections 6 and 7) would be irreparable, and that an award of monetary damages to the Employer for such a breach would be an inadequate remedy. Consequently, the Employer will have the right, in addition to any other right it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce any provision of this Agreement. Without limiting the Employer’s rights under this Section 8 or any of the provisions of Sections 6 or 7, the Employer will have the right to cease making any payments otherwise due to the Executive under this Agreement.
  
 	 
	7
	

	 

  
 7.2. Covenants of these Sections are Essential and Independent Covenants.
  
 The covenants by the Executive in Exhibit C are essential elements of this Agreement, and without such covenants, the Company would not have entered into this Agreement or employed the Executive. The Company and the Executive have independently consulted their respective counsel and have been advised in all respects concerning the reasonableness and propriety of such covenants, with specific regard to the nature of the business conducted by the Company.
  
 The Executive’s covenants in these Sections are independent covenants and the existence of any claim by the Executive against the Company under this Agreement or otherwise will not excuse the Executive’s breach of any covenant in these Sections.
  
 If the Executive’s employment hereunder expires or is terminated, this Agreement will continue in full force and effect as is necessary or appropriate to enforce the covenants and agreements of the Executive in Sections herein.
  
 7.3. Personnel Information.
  
 The Executive shall not divulge or discuss personnel information such as salaries, bonuses, commissions, and benefits relating to the Executive or other executives of the Employer with any other person except the Board of Directors of the Employer.
  
 7.4. Waiver.
  
 The rights and remedies of the parties to this Agreement are cumulative and not alternative. Neither the failure nor any delay by either party in exercising any right, power, or privilege under this Agreement will operate as a waiver of such right, power, or privilege, and no single or partial exercise of any such right, power, or privilege will preclude any other or further exercise of such right, power, or privilege or the exercise of any other right, power, or privilege. To the maximum extent permitted by applicable law:
  
 (a) no claim or right arising out of this Agreement can be discharged by one party, in whole or in part, by a waiver or renunciation of the claim or right unless in writing signed by the other party; (b) no waiver that may be given by a party will be applicable except in the specific instance for which it was given; and (c) no notice to or demand on one party will be deemed to be a waiver of any obligation of such party or of the right of the party giving such notice or demand to take further action without notice or demand as provided in this Agreement.
  
 7.5. Binding Effect; Delegation of Duties Prohibited.
  
 This Agreement shall inure to the benefit of, and shall be binding upon, the parties hereto and their respective successors, assigns, heirs, and legal representatives, including any entity with which the Employer may merge or consolidate or to which all or substantially all of its assets may be transferred. The duties and covenants of the Executive under this Agreement, being personal, may not be delegated.
  
 7.6. Notices.
  
 All notices, consents, waivers, and other communications under this Agreement must be in writing and will be deemed to have been given when:
  
 (a) delivered by hand (with written confirmation of receipt), (b) sent by electronic mail (email), provided that a copy is mailed by registered mail, return receipt requested, or (c) when received by the addressee, if sent by a nationally recognized overnight delivery service (receipt requested), in each case to the appropriate addresses and email address set forth below (or to such other addresses and email address as a party may designate by notice to the other parties):
  
 	 
	8
	

	 

  
 	 If to Executive: 
	 Nadege Bellissan
 2659 Heritage Cir.
 Las Vegas, NV 89121
 Phone: 310.913.8827
 Email: nadege@nuttriumph.com 

	  
	  

	 If to Employer:
	 GPO Plus, Inc.
 3571 E. Sunset Road, Suite 300
 Las Vegas NV 89120
 Attention: General Counsel
 Email: legal@gpoplus.com

  
 7.7. Voluntary Agreement.
  
 The Executive hereby represents that he has not been pressured, misled, or induced to enter this Agreement based upon any representation by the Employer not contained herein.
  
 7.8. Entire Agreement; Amendments.
  
 This Agreement contains the entire agreement between the parties with respect to the subject matter hereof, and supersedes all prior agreements and understandings, oral or written, between the parties hereto with respect to the subject matter hereof. This Agreement may not be amended orally, but only by an agreement in writing signed by the parties hereto.
  
 7.9. Governing Law.
  
 This Agreement will be governed by the laws of the State of Nevada without regard to conflicts of laws principles.
  
 7.10. Jurisdiction.
  
 Any action or proceeding seeking to enforce any provision of, or based on any right arising out of, this Agreement may be brought against either of the parties in the courts of the State of Nevada County of Clark, or, if it has or can acquire jurisdiction, in the United States District Court for the Middle District of Nevada, and each of the parties hereby consents to the jurisdiction of such courts (and of the appropriate appellate courts) in any such action or proceeding and waives any objection to venue laid therein. Process in any action or proceeding referred to in the preceding sentence may be served on either party anywhere in the world.
  
 7.11. Section Headings, Construction.
  
 The headings of Sections in this Agreement are provided for convenience only and will not affect its construction or interpretation. All references to “Section” or “Sections” refer to the corresponding Section or Sections of this Agreement unless otherwise specified. All words used in this Agreement will be construed to be of such gender or number, as the circumstances require. Unless otherwise expressly provided, the word “including” does not limit the preceding words or terms.
  
 7.12. Severability.
  
 If any provision of this Agreement is held invalid or unenforceable by any court of competent jurisdiction, the other provisions of this Agreement will remain in full force and effect. Any provision of this Agreement held invalid or unenforceable only in part or degree will remain in full force and effect to the extent not held invalid or unenforceable.
  
 7.13. Counterparts.
  
 This Agreement may be executed in one or more counterparts, each of which will be deemed to be an original copy of this Agreement and all of which, when taken together, will be deemed to constitute one and the same agreement.
  
 	 
	9
	

	 

  
 7.14. Equitable Relief.
  
 The Parties to this Agreement acknowledge that a breach by Executive of any of the terms or conditions of this Agreement will result in irrevocable harm to Employer and that the remedies at law for such breach may not adequately compensate the Employer’s damages suffered. Accordingly, Executive agrees that in the event of such breach, Employer shall be entitled to injunctive relief or such other equitable remedy as a court of competent jurisdiction may provide. Nothing contained herein will be construed to limit Employer’s right to any remedies at law or equity, including the recovery of damages for breach of this Agreement.
  
 7.15. Arbitration.
  
 The Parties agree that any dispute, claim or controversy of whatever nature arising out of or relating to the negotiation, execution, performance or breach of this Agreement or any other dealings between them that cannot be amicably resolved either by informal discussion between the Parties or mutual agreement to mediate, shall be resolved solely by arbitration in proceedings conducted in Clark County, Nevada before a recognized Arbitrator such as the American Arbitration Association in accordance with such organizations Commercial Arbitration Rules. Results from such proceedings shall be deemed conclusive, final, and binding upon the Parties, and may be entered as the judgment of any court of competent jurisdiction. The Parties shall execute all submission agreements and other documents authorizing the submission of said dispute to arbitration for a final determination and award. The arbitration panel shall be empowered to award attorney’s fees and expenses of arbitration (including expert witness fees) to the prevailing Party in any such arbitration. Furthermore, with respect to any civil action instituted for injunctive relief, the Parties hereby expressly agree to submit themselves to, and consent to the jurisdiction and venue of Nevada. Nothing contained in this paragraph shall restrict or prevent any Party from obtaining a temporary restraining order, injunction or other equitable relief which said initiating Party may have against the other.
  
 7.16. Indemnification.
  
 Employer and its Affiliates hereby agree that it shall indemnify and hold Executive harmless to the fullest extent permitted by applicable law, from and against all losses, costs, claims, judgments, and expenses, including without limitation reasonable attorney’s fees or lost wages (“Losses”), as and when incurred by Executive. The indemnification provided for herein shall not be deemed exclusive of any other rights to which Executive may be entitled under any by-law, agreement, insurance policy, vote of shareholders or otherwise. Executive shall indemnify and hold Employer (and its employees, officers, directors, advisors, and agents) harmless against any Losses as a result of any material breach by Executive.
  
 7.17. Survival.
  
 All those provisions of this Agreement that require performance by either party following termination of Executive’s employment hereunder shall survive any termination of this Agreement including Stock, Option, Warrant grants as well as SAAs and Bonuses earned.
  
 7.18. Supersedes.
  
 This Agreement supersedes and replaces all previously executed Agreements by the Parties. The Parties execution of this Agreement is acknowledgement and acceptance of all the terms recited herein.
  
 IN WITNESS WHEREOF, the parties have executed and delivered this Agreement to be effective as of the date first written above.
  
 	 EXECUTIVE:
	  
	 GPO PLUS, INC.:
	  

	  
	  
	  
	  

	By: /s/ Nadege Bellissan                	  
	By: /s/  Brett H. Pojunis                   	  

	 Nadege Bellissan    
	  
	 Brett Pojunis, CEO 
	  

                                                            
 	 
	10
	

	 

  
 EXHIBIT A
  
 Duties and Responsibilities
  
 The Executive will have the following duties and responsibilities;
  
 1. Generate and bring sales to Nutriumph and GPOX.
  
 2. Assist in product development and research and development on current and future projects, specifically for Nutriumph products.
  
 3. Report to the Company’s CEO and board of directors, and respond to requests in timely fashion via phone, email, and text messages.
  
 4. Attend scheduled meetings, take notes and spearhead follow up on action items.
  
 5. Work with cross-functional teams and provide a bridge for smooth communication between Nutriumph and GPOX divisions, brands, sales team, distributors, and other internal departments.
  
 6. Handle all office management activities for Nutriumph.
  
 7. Manage all seller accounts to include, but are not limited to Amazon, eBay, ETSY and Walmart.
  
 8. Manage Nutriumph and Herberall’s online presence and social media.
  
 a. Assist in managing social media strategies, tactics, overall campaigns and planning that includes creating/generating original content, social media content calendar scheduling, and copywriting for Nutriumph and if applicable, other related GPOX products/divisions.
  
 b. Develop original content for all marketing channels.
  
 c. Monitor social media accounts, follow trends, use analytics to make data driven decisions.
  
 d. Develop plans to maximize Nutriumph’s audiences, exposure, and engagement through organic strategies.
  
 e. Develop strategies for lead generation on social media platforms, 3rd party websites, Nutriumph and GPOX websites, forums, and industry specific websites. Develop content strategies for all marketing channels.
  
 9. Update spreadsheets, databases, and create impactful PowerPoint presentations.
  
 10. Identify and introduce potential acquisition targets to GPOX.
  
 11. May also coordinate special events or conferences and assist with preparing and monitoring budgets and/or forecasts alerting the executives of major variances.
  
 12. Take ownership of additional duties and special projects.
  
 13. Uphold the highest level of confidentiality of all corporate, personnel, and research matters.
  
 	 
	11
	

	 

  
 EXHIBIT B
  
 Special Achievement Awards
   
   
 	 
	12
	

	 

  
 EXHIBIT C
  
 Employee/Contractor GPO PLUS Handbook
  
 Non-Disclosure Non-Circumvention Non-Compete-Contractor’s Work Product
   
 	 
	 13

	

	 

   
 
 Aggregate, Negotiate + Share!        Stock Ticker: GPOX
  
 Exhibit D
 Nutriumph Product Sales Net Profit
  
 Nutriumph Product Sales Net Profit shall be defined as all the Gross Sales less approved third party expenses such as cost of goods, advertising, and marketing. Additionally, GPOX is entitled to a reasonable administrative reimbursement to cover rent, accounting, and management services. Approved management and GPOX operational expenses shall initially be set at One Thousand ($1,000) per month.
  
 The GPOX Administrative Expenses will increase on the following schedule:
  
 After 1 month of:
 ●        $25,000 gross sales, increased to $2,000
 ●        $50,000 gross sales, increased to $3,000
 ●        $75,000 gross sales, increased to $4,000
 ●        $100,000 gross sales, increased to $5,000
 ●        $250,000 gross sales, increased to $7,500
  
 The understanding is that Nutriumph will hire additional employees so GPOX work will not substantially increase after Seven Thousand Five Hundred USD ($7,500) and they will have the majority of profits. In the event the GPOX Administrative Expense Schedule needs to be modified or amended, both Parties must mutually agree in writing.
   
 GPO Plus, Inc. 3571 E. Sunset Road, Suite 300 | Las Vegas, NV 89120 | www.GPOPlus.com | 702.840.1020 | info@gpoplus.com
  
 	 
	Page 9Exhibit
10.1

 

HESPEROS,
INC.

OMNIBuS
INCENTIVE PLAN

 

1.
Purpose and Effective Date.

 

(a)
Purpose. The Hesperos, Inc. Omnibus Incentive Plan (the “Plan”) has two complementary purposes: (i) to attract and
retain outstanding individuals to serve as officers, directors, employees, and consultants, and (ii) to increase stockholder value. The
Plan will provide participants incentives to increase stockholder value by offering the opportunity to acquire shares of the Company’s
common stock, receive monetary payments based on the value of such common stock, or receive other incentive compensation, on the potentially
favorable terms that this Plan provides.

 

(b)
Effective Date. The Plan will come into existence on the Effective Date. However, no Options or Stock Appreciation Rights will
be exercisable; no Restricted Stock, Restricted Stock Units, Performance Shares, Performance Units valued in relating to Shares or other
Stock-based awards will be granted; and no Cash Incentive Award will be paid unless and until the Plan has been approved by the stockholders
of the Company, which approval must occur on or within twelve (12) months after the Effective Date. The Plan will terminate as provided
in Section 15.

 

2.
Definitions. Capitalized terms used and not otherwise defined in this Plan or in any Award agreement
have the following meanings:

 

(a)
“Administrator” means the Board or the Committee; provided that, to the extent the Board or the Committee has
delegated authority and responsibility as an Administrator of the Plan to one or more committees or officers of the Company as permitted
by Section 3(b), the term “Administrator” shall also mean such committee(s) and/or officer(s).

 

(b)
“Affiliate” has the meaning ascribed to such term in Rule 12b-2 under the Exchange Act. Notwithstanding the foregoing,
for purposes of determining those individuals to whom an Option or a Stock Appreciation Right may be granted, the term “Affiliate”
means any entity that, directly or through one or more intermediaries, is controlled by or is under common control with, the Company
within the meaning of Code Sections 414(b) or (c); provided that, in applying such provisions, the phrase “at least 20 percent”
shall be used in place of “at least 80 percent” each place it appears therein.

 

(c)
“Applicable Exchange” means the national securities exchange or automated trading system on which the Stock is principally
traded at the applicable time.

 

(d)
“Award” means a grant of Options, Stock Appreciation Rights, Performance Shares, Performance Units, Stock, Restricted
Stock, Restricted Stock Units, a Cash Incentive Award, or any other type of award permitted under this Plan.

 

(e)
“Board” means the Board of Directors of the Company.

 

(f)
“Cash Incentive Award” means the right to receive a cash payment to the extent Performance Goals are achieved (or
other requirements are met), as described in Section 10.

 

    	1

     

    

 

(g)
“Cause” means, with respect to a Participant, one of the following, which are listed in order of priority:

 

(i)
the meaning given in a Participant’s employment, retention, change of control, severance or similar agreement with the Company
or any Affiliate; or if none then

 

(ii)
the meaning given in the Award agreement; or if none then

 

(iii)
the meaning given in the Company’s employment policies as in effect at the time of the determination (or if the determination of
Cause is being made within two years following a Change of Control, the meaning given in the Company’s employment policies as in
effect immediately prior to the Change of Control); or if none then

 

(iv)
the occurrence of any of the following: (x) the repeated failure or refusal of the Participant to follow the lawful directives of the
Company or an Affiliate (except due to sickness, injury or disabilities), (y) gross inattention to duty or any other willful, reckless
or grossly negligent act (or omission to act) by the Participant, which, in the good faith judgment of the Company, could result in a
material injury to the Company or an Affiliate including but not limited to the repeated failure to follow the policies and procedures
of the Company, or (z) the commission by the Participant of a felony or other crime involving moral turpitude or the commission by the
Participant of an act of financial dishonesty against the Company or an Affiliate.

 

(h)
A “Change of Control” shall have the meaning given in an Award agreement, or if none, shall mean the first to occur
of the following events:

 

(i)
The acquisition by any Person of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 50% or
more of either (A) the then-outstanding Shares (the “Outstanding Company Ordinary Shares”) or (B) the combined voting power
of the then-outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding
Company Voting Securities”); provided, however, that the following acquisitions shall not constitute a Change of Control: (1) any
acquisition directly from the Company, (2) any acquisition by the Company, (3) any acquisition by any employee benefit plan (or related
trust) sponsored or maintained by the Company or any Affiliate or (4) any acquisition by any corporation pursuant to a transaction that
complies with Section 2(h)(iii)(A)-(C);

 

(ii)
Any time at which individuals who, as of the Effective Date, constitute the Board (the “Incumbent Board”) cease for any reason
to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the date hereof
whose election, or nomination for election by the Company’s stockholders, was approved by a vote of at least a majority of the
directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but
excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election
contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or
on behalf of a Person other than the Board;

 

    	2

     

    

 

(iii)
Consummation of a reorganization, merger, statutory share exchange or consolidation or similar corporate transaction, whether by way
of scheme of arrangement or otherwise, involving the Company or any of its subsidiaries, a sale or other disposition of all or substantially
all of the assets of the Company, or the acquisition of assets or shares of another entity by the Company or any of its subsidiaries
(each, a “Business Combination”), in each case unless, following such Business Combination, (A) all or substantially all
of the individuals and entities that were the beneficial owners of the Outstanding Company Ordinary Shares and the Outstanding Company
Voting Securities immediately prior to such Business Combination beneficially own, directly or indirectly, more than 50% of the then-outstanding
common or ordinary shares and the combined voting power of the then outstanding voting securities entitled to vote generally in the election
of directors, as the case may be, of the corporation resulting from such Business Combination (including, without limitation, a corporation
that, as a result of such transaction, owns the Company or all or substantially all of the Company’s assets either directly or
through one or more subsidiaries) in substantially the same proportions as their ownership immediately prior to such Business Combination
of the Outstanding Company Ordinary Shares and the Outstanding Company Voting Securities, as the case may be, (B) no Person (excluding
any corporation resulting from such Business Combination or any employee benefit plan (or related trust) of the Company or an Affiliate
or such corporation resulting from such Business Combination) beneficially owns, directly or indirectly, 50% or more of, respectively,
the then-outstanding shares of common or ordinary shares of the corporation resulting from such Business Combination or the combined
voting power of the then-outstanding voting securities of such corporation, except to the extent that such ownership existed prior to
the Business Combination, and (C) at least a majority of the members of the board of directors of the corporation resulting from such
Business Combination were members of the Incumbent Board at the time of the execution of the initial agreement or of the action of the
Board providing for such Business Combination; or

 

(iv)
Approval by the stockholders of the Company of a complete liquidation or dissolution of the Company.

 

If
an Award is considered deferred compensation subject to the provisions of Code Section 409A, then the foregoing definition shall be deemed
amended to the minimum extent necessary to comply with Code Section 409A, and the Administrator may include such amended definition in
the Award agreement issued with respect to such Award.

 

(i)
“Code” means the Internal Revenue Code of 1986, as amended. Any reference to a specific provision of the Code includes
any successor provision and the regulations promulgated under such provision.

 

(j)
“Committee” means the Compensation Committee of the Board, any successor committee thereto or such other committee
of the Board that is designated by the Board with the same or similar authority. The Committee shall consist only of Non-Employee Directors
(not fewer than two (2)) who meet the definition of “non-employee director” under Rule 16b-3(b)(3) promulgated under the
Exchange Act to the extent necessary for the Plan and Awards to comply with Rule 16b-3 promulgated under the Exchange Act.

 

(k)
“Company” means Hesperos, Inc., a Delaware corporation, or any successor thereto.

 

(l)
“Director” means a member of the Board.

 

    	3

     

    

 

(m)
“Dividend Equivalent Unit” means the right to receive a payment, in cash or Shares, equal to the cash dividends or
other cash distributions paid with respect to a Share.

 

(n)
“Effective Date” means the date on which the Board approves the Plan.

 

(o)
“Exchange Act” means the Securities Exchange Act of 1934, as amended. Any reference to a specific provision of the
Exchange Act includes any successor provision and the regulations and rules promulgated under such provision.

 

(p)
“Fair Market Value” means a price that is based on the opening, closing, actual, high or low sale price, or the arithmetic
mean of selling prices of, a Share, on the Applicable Exchange on the applicable date, the preceding trading day, the next succeeding
trading day, or the arithmetic mean of selling prices on all trading days over a specified averaging period weighted by volume of trading
on each trading day in the period that is within 30 days before or 30 days after the applicable date, as determined by the Board or the
Committee in its discretion; provided that, if an arithmetic mean of prices is used to set a grant price or an exercise price for an
Option or Stock Appreciation Right, the commitment to grant the applicable Award based on such arithmetic mean must be irrevocable before
the beginning of the specified averaging period in accordance with Treasury Regulation §1.409A-1(b)(5)(iv)(A). The method of determining
Fair Market Value with respect to an Award shall be determined by the Board or the Committee and may differ depending on whether Fair
Market Value is in reference to the grant, exercise, vesting, settlement, or payout of an Award; provided that, if the Board or the Committee
does not specify a different method, the Fair Market Value of a Share as of a given date shall be the closing sale price as of the trading
day immediately preceding the date as of which Fair Market Value is to be determined or, if there shall be no such sale on such date,
the next preceding day on which such a sale shall have occurred. If the Stock is not traded on an established stock exchange, the Committee
shall determine in good faith the Fair Market Value in whatever manner it considers appropriate, but based on objective criteria. Notwithstanding
the foregoing, in the case of an actual sale of Shares, the actual sale price shall be the Fair Market Value of such Shares.

 

(q)
“Non-Employee Director” means a Director who is not also an employee of the Company or its Subsidiaries.

 

(r)
“Option” means the right to purchase Shares at a stated price for a specified period of time.

 

(s)
“Participant” means an individual selected by the Administrator to receive an Award.

 

    	4

     

    

 

(t)
“Performance Goals” means any objective or subjective goals the Administrator establishes with respect to an Award.
Performance Goals may include, but are not limited to, the performance of the Company or any one or more of its Subsidiaries, Affiliates
or other business units with respect to the following measures: net sales; cost of sales; gross income; gross revenue; revenue; operating
income; earnings before taxes; earnings before interest and taxes; earnings before interest, taxes, depreciation and amortization; earnings
before interest, taxes, depreciation, amortization and exception items; income from continuing operations; net income; earnings per share;
diluted earnings per share; total stockholder return; Fair Market Value; cash flow; net cash provided by operating activities; net cash
provided by operating activities less net cash used in investing activities; ratio of debt to debt plus equity; return on stockholder
equity; return on invested capital; return on average total capital employed; return on net capital employed; return on assets; return
on net assets employed before interest and taxes; operating working capital; average accounts receivable (calculated by taking the average
of accounts receivable at the end of each month); average inventories (calculated by taking the average of inventories at the end of
each month); economic value added; succession planning; manufacturing return on assets; manufacturing margin; and customer satisfaction.
Performance Goals may also relate to a Participant’s individual performance.

 

The
Administrator reserves the right to adjust Performance Goals, or modify the manner of measuring or evaluating a Performance Goal, for
any reason the Administrator determines is appropriate, including but not limited to: (i) by excluding the effects of charges for reorganizing
and restructuring; discontinued operations; asset write-downs; gains or losses on the disposition of a business; or mergers, acquisitions
or dispositions; and extraordinary, unusual and/or non-recurring items of gain or loss; (ii) excluding the costs of litigation, claims,
judgments or settlements; (iii) excluding the effects of changes laws or regulations affecting reported results, or changes in tax or
accounting principles, regulations or law; and (iv) excluding any accruals of amounts related to payments under the Plan or any other
compensation arrangement maintained by the Company or an Affiliate.

 

The
inclusion in an Award agreement of specific adjustments or modifications shall not be deemed to preclude the Administrator from making
other adjustments or modifications, in its discretion, as described herein, unless the Award agreement provides that the adjustments
or modifications described in such agreement shall be the sole adjustments or modifications.

 

(u)
“Performance Shares” means the right to receive Shares to the extent Performance Goals are achieved (or other requirements
are met).

 

(v)
“Performance Unit” means the right to receive a cash payment and/or Shares valued in relation to a unit that has a
designated dollar value or the value of which is equal to the Fair Market Value of one or more Shares, to the extent Performance Goals
are achieved (or other requirements are met).

 

(w)
“Person” has the meaning given in Section 3(a)(9) of the Exchange Act, as modified and used in Sections 13(d) and
14(d) thereof, or any group of Persons acting in concert that would be considered “persons acting as a group” within the
meaning of Treas. Reg. § 1.409A-3(i)(5).

 

(x)
“Plan” means this Hesperos, Inc. Omnibus Incentive Plan, as it may be amended from time to time.

 

(y)
“Restricted Stock” means Shares that are subject to a risk of forfeiture or restrictions on transfer, or both a risk
of forfeiture and restrictions on transfer, which may lapse upon the achievement or partial achievement of Performance Goals or upon
the completion of a period of service, or both.

 

(z)
“Restricted Stock Unit” means the right to receive a Share or a cash payment the value of which is equal to the Fair
Market Value of one Share.

 

(aa)
“Section 16 Participants” means Participants who are subject to the provisions of Section 16 of the Exchange Act.

 

(bb)
“Share” means a share of Stock.

 

    	5

     

    

 

(cc)
“Stock” means the common stock of the Company.

 

(dd)
“Stock Appreciation Right” or “SAR” means the right to receive a cash payment, and/or Shares with
a Fair Market Value, equal to the appreciation of the Fair Market Value of a Share during a specified period of time.

 

(ee)
“Subsidiary” means any corporation, limited liability company or other limited liability entity in an unbroken chain
of entities beginning with the Company if each of the entities (other than the last entities in the chain) owns the stock or equity interest
possessing more than fifty percent (50%) of the total combined voting power of all classes of stock or other equity interests in one
of the other entities in the chain.

 

3.
Administration.

 

(a)
Administration. In addition to the authority specifically granted to the Administrator in this Plan, the Administrator has full
discretionary authority to administer this Plan, including but not limited to the authority to: (i) interpret the provisions of this
Plan or any agreement covering an Award; (ii) prescribe, amend and rescind rules and regulations relating to this Plan; (iii) correct
any defect, supply any omission, or reconcile any inconsistency in the Plan, any Award or any agreement covering an Award in the manner
and to the extent it deems desirable to carry this Plan or such Award into effect; and (iv) make all other determinations necessary or
advisable for the administration of this Plan. All Administrator determinations shall be made in the sole discretion of the Administrator
and are final and binding on all interested parties.

 

(b)
Delegation to Other Committees or Officers. To the extent applicable law permits, the Board may delegate to another committee
of the Board, or the Committee may delegate to a subcommittee of the Committee or to one or more officers of the Company, any or all
of their respective authority and responsibility as an Administrator of the Plan; provided that no such delegation is permitted
with respect to Stock-based Awards made to Section 16 Participants at the time any such delegated authority or responsibility is exercised
unless the delegation is to another committee of the Board consisting entirely of Non-Employee Directors. If the Board or the Committee
has made such a delegation, then all references to the Administrator in this Plan include such other committee, subcommittee or one or
more officers to the extent of such delegation.

 

(c)
No Liability; Indemnification. No member of the Board or the Committee, and no officer or member of any other committee to whom
a delegation under Section 3(b) has been made, will be liable for any act done, or determination made, by the individual in good faith
with respect to the Plan or any Award. The Company will indemnify and hold harmless each such individual as to any acts or omissions,
or determinations made, in each case done or made in good faith, with respect to this Plan or any Award to the maximum extent that the
law and the Company’s By-Laws permit.

 

4.
Eligibility. The Administrator may designate any of the following as a Participant from time
to time, to the extent of the Administrator’s authority: any officer or other employee of the Company or its Affiliates; any individual
that the Company or an Affiliate has engaged to become an officer or employee; any consultant or advisor who provides services to the
Company or its Affiliates; or any Director, including a Non-Employee Director. The Administrator’s designation of, or granting
of an Award to, a Participant will not require the Administrator to designate such individual as a Participant or grant an Award to such
individual at any future time. The Administrator’s granting of a particular type of Award to a Participant will not require the
Administrator to grant any other type of Award to such individual.

 

    	6

     

    

 

5.
Types of Awards. Subject to the terms of this Plan, the Administrator may grant any type of
Award to any Participant it selects, but only employees of the Company or a Subsidiary may receive grants of incentive stock options
within the meaning of Code Section 422. Awards may be granted alone or in addition to, in tandem with, or (subject to the prohibition
on repricing set forth in Section 15(e)) in substitution for any other Award (or any other award granted under another plan of the Company
or any Affiliate, including the plan of an acquired entity).

 

6.
Shares Reserved under this Plan.

 

(a)
Plan Reserve. Subject to adjustment as provided in Section 17, an aggregate of two million (2,000,000) Shares are reserved for
issuance under this Plan, all of which may be issued pursuant to the exercise of incentive stock options. The Shares reserved for issuance
may be either authorized and unissued Shares or Shares reacquired at any time and now or hereafter held as treasury stock.

 

(b)
Depletion and Replenishment of Shares Under this Plan.

 

(i)
The aggregate number of Shares reserved under Section 6(a) shall be depleted on the date of grant of an Award by the maximum number of
Shares, if any, with respect to which such Award is granted. Notwithstanding the foregoing, an Award that may be settled solely in cash
shall not cause any depletion of the Plan’s Share reserve at the time such Award is granted.

 

(ii)
To the extent (A) an Award lapses, expires, terminates or is cancelled without the issuance of Shares under the Award (whether due currently
or on a deferred basis) or is settled in cash, (B) it is determined during or at the conclusion of the term of an Award that all or some
portion of the Shares with respect to which the Award was granted will not be issuable on the basis that the conditions for such issuance
will not be satisfied, (C) Shares are forfeited under an Award, (D) Shares are issued under any Award and the Company subsequently reacquires
them pursuant to rights reserved upon the issuance of the Shares, (E) Shares are tendered or withheld in payment of the exercise price
of an Option or as a result of the net settlement of an outstanding Stock Appreciation Right or (F) Shares are tendered or withheld to
satisfy federal, state or local tax withholding obligations, then such Shares shall be recredited to the Plan’s reserve and may
again be used for new Awards under this Plan, but Shares recredited to the Plan’s reserve pursuant to clause (D), (E) or (F) may
not be issued pursuant to incentive stock options.

 

(c)
Non-Employee Director Award Limitation. Subject to adjustment as provided in Section 17, beginning with the first fiscal year
subsequent to the fiscal year that includes the Company’s initial public offering, the maximum number of Shares that may be granted
during any fiscal year to any individual Non-Employee Director shall not exceed that number of Shares that has a grant date fair value
of, when added to any cash compensation received by such Non-Employee Director, $100,000 (the “Director Limit”); provided
that the Administrator may make exceptions to the Director Limit in extraordinary circumstances as the Administrator may determine in
its discretion; provided further that the Non-Employee Director receiving such additional compensation may not participate in the decision
to award such compensation.

 

    	7

     

    

 

7.
Options. Subject to the terms of this Plan, the Administrator will determine all terms and conditions
of each Option, including but not limited to: (a) whether the Option is an “incentive stock option” which meets the requirements
of Code Section 422, or a “nonqualified stock option” which does not meet the requirements of Code Section 422; (b) the grant
date, which may not be any day prior to the date that the Administrator approves the grant; (c) the number of Shares subject to the Option;
(d) the exercise price, which may never be less than the Fair Market Value of the Shares subject to the Option as determined on the date
of grant; (e) the terms and conditions of vesting and exercise; (f) the term, except that an Option must terminate no later than ten
(10) years after the date of grant; and (g) the manner of payment of the exercise price. In all other respects, the terms of any incentive
stock option should comply with the provisions of Code Section 422 except to the extent the Administrator determines otherwise. If an
Option that is intended to be an incentive stock option fails to meet the requirements thereof, the Option shall automatically be treated
as a nonqualified stock option to the extent of such failure. To the extent previously approved by the Administrator (which approval
may be set forth in an Award agreement or in administrative rules), and subject to such procedures as the Administrator may specify,
the payment of the exercise price of Options may be made by (i) delivery of cash or other Shares or other securities of the Company (including
by attestation) having a then Fair Market Value equal to the purchase price of such Shares, (ii) by delivery (including by fax) to the
Company or its designated agent of an executed irrevocable option exercise form together with irrevocable instructions to a broker-dealer
to sell or margin a sufficient portion of the Shares and deliver the sale or margin loan proceeds directly to the Company to pay for
the exercise price, (iii) by surrendering the right to receive Shares otherwise deliverable to the Participant upon exercise of the Award
having a Fair Market Value at the time of exercise equal to the total exercise price, or (iv) by any combination of (i), (ii) and/or
(iii). Except to the extent otherwise set forth in an Award agreement, a Participant shall have no rights as a holder of Stock as a result
of the grant of an Option until the Option is exercised, the exercise price and applicable withholding taxes are paid and the Shares
subject to the Option are issued thereunder.

 

8.
Stock Appreciation Rights. Subject to the terms of this Plan, the Administrator will determine
all terms and conditions of each SAR, including but not limited to: (a) the grant date, which may not be any day prior to the date that
the Administrator approves the grant; (b) the number of Shares to which the SAR relates; (c) the grant price, which may never be less
than the Fair Market Value of the Shares subject to the SAR as determined on the date of grant; (d) the terms and conditions of exercise
or maturity, including vesting; (e) the term, provided that an SAR must terminate no later than ten (10) years after the date
of grant; and (f) whether the SAR will be settled in cash, Shares or a combination thereof.

 

9.
Performance and Stock Awards. Subject to the terms of this Plan, the Administrator will determine
all terms and conditions of each award of Shares, Restricted Stock, Restricted Stock Units, Performance Shares or Performance Units,
including but not limited to: (a) the number of Shares and/or units to which such Award relates; (b) whether, as a condition for the
Participant to realize all or a portion of the benefit provided under the Award, one or more Performance Goals must be achieved during
such period as the Administrator specifies; (c) the length of the vesting and/or performance period and, if different, the date on which
payment of the benefit provided under the Award will be made; (d) with respect to Performance Units, whether to measure the value of
each unit in relation to a designated dollar value or the Fair Market Value of one or more Shares; and (e) with respect to Restricted
Stock Units and Performance Units, whether to settle such Awards in cash, in Shares (including Restricted Stock), or in a combination
of cash and Shares; provided that no dividends or Dividend Equivalent Units shall be paid on Performance Shares or Performance Units
prior to their vesting.

 

    	8

     

    

 

10.
Cash Incentive Awards. Subject to the terms of this Plan, the Administrator will determine all
terms and conditions of a Cash Incentive Award, including but not limited to the Performance Goals, performance period, the potential
amount payable, and the timing of payment.

 

11.
Dividend Equivalent Units. Subject to the terms of this Plan, the Administrator will determine
all terms and conditions of each award of Dividend Equivalent Units, including but not limited to whether: (a) such Award will be granted
in tandem with another Award; (b) payment of the Award will be made concurrently with dividend payments or credited to an account for
the Participant which provides for the deferral of such amounts until a stated time; (c) the Award will be settled in cash or Shares;
and (d) as a condition for the Participant to realize all or a portion of the benefit provided under the Award, one or more Performance
Goals must be achieved during such period as the Administrator specifies; provided that Dividend Equivalent Units may not be granted
in connection with an Option or Stock Appreciation Right; and provided further that no Dividend Equivalent Unit granted in connection
with another Award shall provide for payment prior to the date such Award vests or is earned, as applicable.

 

12.
Other Stock-Based Awards. Subject to the terms of this Plan, the Administrator may grant to
a Participant shares of unrestricted Stock as replacement for other compensation to which the Participant is entitled, such as in payment
of director fees, in lieu of cash compensation, in exchange for cancellation of a compensation right, or as a bonus.

 

13.
Discretion to Accelerate Vesting. The Administrator may accelerate the vesting of an Award or
deem an Award to be earned, in whole or in part, in the event of a Participant’s death, disability (as defined by the Administrator),
retirement, or termination without cause, or as provided in Section 17(c) or upon any other event as determined by the Administrator
in its sole and absolute discretion.

 

14.
Transferability. Awards are not transferable, including to any financial institution,
other than by will or the laws of descent and distribution, unless and to the extent the Administrator allows a Participant to: (a) designate
in writing a beneficiary to exercise the Award or receive payment under the Award after the Participant’s death; (b) transfer an
Award to the former spouse of the Participant as required by a domestic relations order incident to a divorce; or (c) transfer an Award;
provided, however, that with respect to clause (c) above the Participant may not receive consideration for such a transfer
of an Award.

 

15.
Termination and Amendment of Plan; Amendment, Modification or Cancellation of Awards.

 

(a)
Term of Plan. Unless the Board earlier terminates this Plan pursuant to Section 15(b), this Plan will terminate on, and no further
Awards may be granted under this Plan, after the tenth (10th) anniversary of the Effective Date.

 

    	9

     

    

 

(b)
Termination and Amendment. The Board or the Administrator may amend, alter, suspend, discontinue or terminate this Plan at any
time, subject to the following limitations:

 

(i)
the Board must approve any amendment of this Plan to the extent the Company determines such approval is required by: (A) prior action
of the Board, (B) applicable corporate law, or (C) any other applicable law;

 

(ii)
stockholders must approve any amendment of this Plan (which may include an amendment to materially increase the number of Shares specified
in Section 6(a), except as permitted by Section 17) to the extent the Company determines such approval is required by: (A) Section 16
of the Exchange Act, (B) the Code, (C) the listing requirements of any principal securities exchange or market on which the Shares are
then traded, or (D) any other applicable law; and

 

(iii)
stockholders must approve an amendment that would diminish the protections afforded by Section 15(e).

 

If
the Board or the Administrator takes any action under this Plan that is not, at the time of such action, authorized by this Plan, but
that could be authorized by this Plan as amended by the Board or the Administrator, as applicable, the Board or Administrator action
will be deemed to constitute an amendment to this Plan to authorize such action to the extent permissible under applicable law and the
requirements of any principal securities exchange or market on which the Shares are then traded.

 

(c)
Amendment, Modification, Cancellation and Disgorgement of Awards.

 

(i)
Except as provided in Section 15(e) and subject to the requirements of this Plan, the Administrator may modify, amend or cancel any Award,
or waive any restrictions or conditions applicable to any Award or the exercise of the Award; provided that, except as otherwise
provided in the Plan or the Award agreement, any modification or amendment that materially diminishes the rights of the Participant,
or the cancellation of an Award, shall be effective only if agreed to by the Participant or any other person(s) as may then have an interest
in such Award, but the Administrator need not obtain Participant (or other interested party) consent for the modification, amendment
or cancellation of an Award pursuant to the provisions of subsection (ii) or Section 17 or as follows: (A) to the extent the Administrator
deems such action necessary to comply with any applicable law or the listing requirements of any principal securities exchange or market
on which the Shares are then traded; (B) to the extent the Administrator deems necessary to preserve favorable accounting or tax treatment
of any Award for the Company; or (C) to the extent the Administrator determines that such action does not materially and adversely affect
the value of an Award or that such action is in the best interest of the affected Participant (or any other person(s) as may then have
an interest in the Award). Notwithstanding the foregoing, unless determined otherwise by the Administrator, any such amendment shall
be made in a manner that will enable an Award intended to be exempt from Code Section 409A to continue to be so exempt, or to enable
an Award intended to comply with Code Section 409A to continue to so comply. 

 

(ii)
Notwithstanding anything to the contrary in an Award agreement, the Administrator shall have full power and authority to terminate or
cause the Participant to forfeit the Award, and require the Participant to disgorge to the Company any gains attributable to the Award,
if the Participant engages in any action constituting, as determined by the Administrator in its discretion, Cause for termination, or
a breach of a material Company policy, any Award agreement or any other agreement between the Participant and the Company or an Affiliate
concerning noncompetition, nonsolicitation, confidentiality, trade secrets, intellectual property, nondisparagement or similar obligations.

 

    	10

     

    

 

(iii)
Any Awards granted pursuant to this Plan, and any Stock issued or cash paid pursuant to an Award, shall be subject to any recoupment
or clawback policy that is adopted by, or any recoupment or similar requirement otherwise made applicable by law, regulation or listing
standards to, the Company from time to time.

 

(d)
Survival of Authority and Awards. Notwithstanding the foregoing, the authority of the Board and the Administrator under this Section
15 and to otherwise administer the Plan with respect to then-outstanding Awards will extend beyond the date of this Plan’s termination.
In addition, termination of this Plan will not affect the rights of Participants with respect to Awards previously granted to them, and
all unexpired Awards will continue in force and effect after termination of this Plan except as they may lapse or be terminated by their
own terms and conditions.

 

(e)
Repricing and Backdating Prohibited. Notwithstanding anything in this Plan to the contrary, and except for the adjustments provided
for in Section 17, neither the Administrator nor any other person may (i) amend the terms of outstanding Options or SARs to reduce the
exercise or grant price of such outstanding Options or SARs; (ii) cancel outstanding Options or SARs in exchange for Options or SARs
with an exercise or grant price that is less than the exercise or grant price of the original Options or SARs; or (iii) cancel outstanding
Options or SARs with an exercise or grant price above the current Fair Market Value of a Share in exchange for cash or other securities.
In addition, the Administrator may not make a grant of an Option or SAR with a grant date that is effective prior to the date the Administrator
takes action to approve such Award.

 

(f)
Foreign Participation. To assure the viability of Awards granted to Participants employed or residing in foreign countries, the
Administrator may provide for such special terms as it may consider necessary or appropriate to accommodate differences in local law,
tax policy, accounting or custom. Moreover, the Administrator may approve such supplements to, or amendments, restatements or alternative
versions of, this Plan as it determines is necessary or appropriate for such purposes. Any such amendment, restatement or alternative
versions that the Administrator approves for purposes of using this Plan in a foreign country will not affect the terms of this Plan
for any other country. In addition, all such supplements, amendments, restatements or alternative versions must comply with the provisions
of Section 15(b)(ii).

 

16.
Taxes.

 

(a)
Withholding. In the event the Company or one of its Affiliates is required to withhold any Federal, state or local taxes or other
amounts in respect of any income recognized by a Participant as a result of the grant, vesting, payment or settlement of an Award or
disposition of any Shares acquired under an Award, the Company may satisfy such obligation by:

 

(i)
If cash is payable under an Award, deducting (or requiring an Affiliate to deduct) from such cash payment the amount needed to satisfy
such obligation;

 

    	11

     

    

 

(ii)
If Shares are issuable under an Award, then to the extent previously approved by the Administrator (which approval may be set forth in
an Award agreement or in administrative rules), and subject to such procedures as the Administrator may specify, (A) withholding Shares
having a Fair Market Value equal to such obligations; or (B) allowing the Participant to elect to (1) have the Company or its Affiliate
withhold Shares otherwise issuable under the Award, (2) tender back Shares received in connection with such Award or (3) deliver other
previously owned Shares, in each case having a Fair Market Value equal to the amount to be withheld; provided that the amount
to be withheld under this clause (ii) may not exceed the total maximum statutory tax withholding obligations associated with the transaction
to the extent needed for the Company and its Affiliates to avoid an accounting charge. If an election is provided, the election must
be made on or before the date as of which the amount of tax to be withheld is determined and otherwise as the Administrator requires;
or

 

(iii)
Deducting (or requiring an Affiliate to deduct) the amount needed to satisfy such obligation from any wages or other payments owed to
the Participant, requiring such Participant to pay to the Company or its Affiliate, in cash, promptly on demand, or make other arrangements
satisfactory to the Company or its Affiliate regarding the payment to the Company or its Affiliate of the amount needed to satisfy such
obligation.

 

(b)
No Guarantee of Tax Treatment. Notwithstanding any provisions of this Plan to the contrary, the Company does not guarantee to
any Participant or any other Person with an interest in an Award that (i) any Award intended to be exempt from Code Section 409A shall
be so exempt, (ii) any Award intended to comply with Code Section 409A or Code Section 422 shall so comply, or (iii) any Award shall
otherwise receive a specific tax treatment under any other applicable tax law, nor in any such case will the Company or any Affiliate
be required to indemnify, defend or hold harmless any individual with respect to the tax consequences of any Award.

 

17.
Adjustment and Change of Control Provisions.

 

(a)
Adjustment of Shares. If (i) the Company shall at any time be involved in a merger or other transaction in which the Shares are
changed or exchanged; (ii) the Company shall subdivide or combine the Shares or the Company shall declare a dividend payable in Shares,
other securities (other than stock purchase rights issued pursuant to a stockholder rights agreement) or other property; (iii) the Company
shall effect a cash dividend the amount of which, on a per Share basis, exceeds ten percent (10%) of the Fair Market Value of a Share
at the time the dividend is declared, or the Company shall effect any other dividend or other distribution on the Shares in the form
of cash, or a repurchase of Shares, that the Board determines by resolution is special or extraordinary in nature or that is in connection
with a transaction that the Company characterizes publicly as a recapitalization or reorganization involving the Shares; or (iv) any
other event shall occur, which, in the case of this clause (iv), in the judgment of the Administrator necessitates an adjustment to prevent
dilution or enlargement of the benefits or potential benefits intended to be made available under this Plan, then the Administrator shall,
in such manner as it may deem equitable to prevent dilution or enlargement of the benefits or potential benefits intended to be made
available under this Plan, adjust any or all of: (A) the number and type of Shares subject to this Plan (including the number and type
of Shares described in Section 6(a)) and which may after the event be made the subject of Awards; (B) the number and type of Shares subject
to outstanding Awards; (C) the grant, purchase, or exercise price with respect to any Award; and (D) the Performance Goals of an Award.
In any such case, the Administrator may also (or in lieu of the foregoing) make provision for a cash payment to the holder of an outstanding
Award in exchange for the cancellation of all or a portion of the Award (without the consent of the holder of an Award) in an amount
determined by the Administrator effective at such time as the Administrator specifies (which may be the time such transaction or event
is effective). However, in each case, with respect to Awards of incentive stock options, no such adjustment may be authorized to the
extent that such authority would cause this Plan to violate Code Section 422(b). Further, the number of Shares subject to any Award payable
or denominated in Shares must always be a whole number. In any event, previously granted Options or SARs are subject to only such adjustments
as are necessary to maintain the relative proportionate interest the Options and SARs represented immediately prior to any such event
and to preserve, without exceeding, the value of such Options or SARs.

 

    	12

     

    

 

Without
limitation, in the event of any reorganization, merger, consolidation, combination or other similar corporate transaction or event, whether
or not constituting a Change of Control (other than any such transaction in which the Company is the continuing corporation and in which
the outstanding Stock is not being converted into or exchanged for different securities, cash or other property, or any combination thereof),
the Administrator may substitute, on an equitable basis as the Administrator determines, for each Share then subject to an Award and
the Shares subject to this Plan (if the Plan will continue in effect), the number and kind of shares of stock, other securities, cash
or other property to which holders of Stock are or will be entitled in respect of each Share pursuant to the transaction.

 

Notwithstanding
the foregoing, in the case of a stock dividend (other than a stock dividend declared in lieu of an ordinary cash dividend) or subdivision
or combination of the Shares (including a reverse stock split), if no action is taken by the Administrator, adjustments contemplated
by this subsection that are proportionate shall nevertheless automatically be made as of the date of such stock dividend or subdivision
or combination of the Shares.

 

(b)
Issuance or Assumption. Notwithstanding any other provision of this Plan, and without affecting the number of Shares otherwise
reserved or available under this Plan, in connection with any merger, consolidation, acquisition of property or stock, or reorganization,
the Administrator may authorize the issuance or assumption of awards under this Plan upon such terms and conditions as it may deem appropriate.

 

(c)
Effect of Change of Control.

 

(i)
Upon a Change of Control, except to the extent otherwise provided in an applicable Award agreement, if the successor or surviving corporation
(or parent thereof) so agrees, then, without the consent of any Participant (or other person with rights in an Award), some or all outstanding
Awards may be assumed, or replaced with the same type of award with similar terms and conditions, by the successor or surviving corporation
(or parent thereof) in the Change of Control transaction, subject to the following requirements:

 

(A)
Each Award which is assumed by the successor or surviving corporation (or parent thereof) shall be appropriately adjusted, immediately
after such Change of Control, to apply to the number and class of securities which would have been issuable to the Participant upon the
consummation of such Change of Control had the Award been exercised, vested or earned immediately prior to such Change of Control, and
such other appropriate adjustments in the terms and conditions of the Award shall be made.

 

    	13

     

    

 

(B)
If the securities to which the Awards relate after the Change of Control are not listed and traded on a national securities exchange,
then (1) the Participant shall be provided the option, upon exercise or settlement of an Award, to elect to receive, in lieu of the issuance
of such securities, cash in an amount equal to the fair value equal of the securities that would have otherwise been issued and (2) for
purposes of determining such fair value, no reduction shall be taken to reflect a discount for lack of marketability, minority interest
or any similar consideration.

 

(C)
Upon the Participant’s termination of employment within two years following the Change of Control (1) by the successor or surviving
corporation without Cause, (2) by reason of death or disability, or (3) by the Participant for “good reason,” as defined
in any Award agreement or any employment, retention, change of control, severance or similar agreement between the Participant and the
Company or any Affiliate, if any, all of the Participant’s Awards that are in effect as of the date of such termination shall vest
in full or be deemed earned in full (assuming target performance goals provided under such Award were met, if applicable) effective on
the date of such termination. In the event of any other termination of employment within two years after a Change of Control that is
not described herein, the terms of the Award agreement shall apply.

 

(ii)
To the extent the purchaser, successor or surviving entity (or parent thereof) in the Change of Control transaction does not assume the
Awards or issue replacement awards as provided in clause (i) (including, for the avoidance of doubt, by reason of a Participant’s
termination of employment in connection with the Change of Control), then immediately prior to the date of the Change of Control, except
to the extent otherwise provided in an applicable Award agreement and unless the Administrator otherwise determines:

 

(A)
Each Option or SAR that is then held by a Participant who is employed by or in the service of the Company or an Affiliate shall become
immediately and fully vested, and, unless otherwise determined by the Board or Administrator, all Options and SARs shall be cancelled
on the date of the Change of Control in exchange for a cash payment equal to the excess of the Change of Control Price (as defined below)
of the Shares covered by the Option or SAR that is so cancelled over the purchase or grant price of such Shares under the Award; provided,
however, that all Options and SARs that have a purchase or grant price that is greater than the Change of Control Price shall be
cancelled for no consideration;

 

(B)
Restricted Stock and Restricted Stock Units (that are not Performance Awards) that are not then vested shall vest in full;

 

(C)
All Performance Shares, Performance Units, and Cash Incentive Awards for which the performance period has expired shall be paid based
on actual performance (and assuming all employment or other requirements had been met in full); and all Performance Shares, Performance
Units and Cash Incentive Awards for which the performance period has not expired shall be cancelled in exchange for a cash payment equal
to the amount that would have been due under such Award(s), valued assuming that the target Performance Goals had been met at the time
of such Change of Control, but prorated based on the number of full months in the performance period that have elapsed as of the date
of the Change of Control;

 

(D)
All Dividend Equivalent Units that are not vested shall vest (to the same extent as the Award granted in tandem with the Dividend Equivalent
Unit, if applicable) and be paid; and

 

(E)
All other Awards that are not vested shall vest and if an amount is payable under such vested Award, such amount shall be paid in cash
based on the value of the Award.

 

“Change
of Control Price” shall mean the per share price paid or deemed paid in the Change of Control transaction, as determined by the
Administrator. For purposes of this clause (ii), if the value of an Award is based on the Fair Market Value of a Share, Fair Market Value
shall be deemed to mean the Change of Control Price.

 

(d)
Application of Limits on Payments. Except to the extent the Participant has in effect an employment or similar agreement with
the Company or any Affiliate or is subject to a policy that provides for a more favorable result to the Participant upon a Change of
Control, in the event that the Company’s legal counsel determine that any payment, benefit or transfer by the Company under this
Plan or any other plan, agreement, or arrangement to or for the benefit of the Participant (in the aggregate, the “Total Payments”)
to be subject to the tax (“Excise Tax”) imposed by Code Section 4999 but for this subsection (d), then, notwithstanding any
other provision of this Plan to the contrary, the Total Payments shall be delivered either (i) in full or (ii) in an amount such that
the value of the aggregate Total Payments that the Participant is entitled to receive shall be One Dollar ($1.00) less than the maximum
amount that the Participant may receive without being subject to the Excise Tax, whichever of (i) or (ii) results in the receipt by the
Participant of the greatest benefit on an after-tax basis (taking into account applicable federal, state and local income taxes and the
Excise Tax). In the event that (ii) results in a greater after-tax benefit to the Participants, payments or benefits included in the
Total Payments shall be reduced or eliminated by applying the following principles, in order: (A) the payment or benefit with the higher
ratio of the parachute payment value to present economic value (determined using reasonable actuarial assumptions) shall be reduced or
eliminated before a payment or benefit with a lower ratio; (B) the payment or benefit with the later possible payment date shall be reduced
or eliminated before a payment or benefit with an earlier payment date; and (C) cash payments shall be reduced prior to non-cash benefits;
provided that if the foregoing order of reduction or elimination would violate Code Section 409A, then the reduction shall be
made pro rata among the payments or benefits included in the Total Payments (on the basis of the relative present value of the parachute
payments).

 

18.
Miscellaneous.

 

(a)
Other Terms and Conditions. The Administrator may provide in any Award agreement such other provisions (whether or not applicable
to the Award granted to any other Participant) as the Administrator determines appropriate to the extent not otherwise prohibited by
the terms of the Plan. No provision in an Award agreement shall limit the Administrator’s discretion hereunder unless such provision
specifically so provides for such limitation.

 

    	14

     

    

 

(b)
Employment and Service. The issuance of an Award shall not confer upon a Participant any right with respect to continued employment
or service with the Company or any Affiliate, or the right to continue as a Director. Unless determined otherwise by the Administrator,
for purposes of the Plan and all Awards, the following rules shall apply:

 

(i)
a Participant who transfers employment between the Company and its Affiliates, or between Affiliates, will not be considered to have
terminated employment;

 

(ii)
a Participant who ceases to be a Non-Employee Director because he or she becomes an employee of the Company or an Affiliate shall not
be considered to have ceased service as a Director with respect to any Award until such Participant’s termination of employment
with the Company and its Affiliates;

 

(iii)
a Participant who ceases to be employed by the Company or an Affiliate and immediately thereafter becomes a Non-Employee Director, a
non-employee director of an Affiliate, or a consultant to the Company or any Affiliate shall not be considered to have terminated employment
until such Participant’s service as a director of, or consultant to, the Company and its Affiliates has ceased; and

 

(iv)
a Participant employed by an Affiliate will be considered to have terminated employment when such entity ceases to be an Affiliate.

 

Notwithstanding
the foregoing, for purposes of an Award that is subject to Code Section 409A, if a Participant’s termination of employment or service
triggers the payment of compensation under such Award, then the Participant will be deemed to have terminated employment or service upon
his or her “separation from service” within the meaning of Code Section 409A. Notwithstanding any other provision in this
Plan or an Award to the contrary, if any Participant is a “specified employee” within the meaning of Code Section 409A as
of the date of his or her “separation from service” within the meaning of Code Section 409A, then, to the extent required
to avoid the imposition of additional taxes under Code Section 409A, any payment made to the Participant on account of such separation
from service shall not be made before a date that is six months after the date of the separation from service.

 

(c)
No Fractional Shares. No fractional Shares or other securities may be issued or delivered pursuant to this Plan, and the Administrator
may determine whether cash, other securities or other property will be paid or transferred in lieu of any fractional Shares or other
securities, or whether such fractional Shares or other securities or any rights to fractional Shares or other securities will be canceled,
terminated or otherwise eliminated with or without consideration.

 

(d)
Unfunded Plan; Awards Not Includable for Benefits Purposes. This Plan is unfunded and does not create, and should not be construed
to create, a trust or separate fund with respect to this Plan’s benefits. This Plan does not establish any fiduciary relationship
between the Company and any Participant or other person. To the extent any person holds any rights by virtue of an Award granted under
this Plan, such rights are no greater than the rights of the Company’s general unsecured creditors. Income recognized by a Participant
pursuant to an Award shall not be included in the determination of benefits under any employee pension benefit plan (as such term is
defined in Section 3(2) of the Employee Retirement Income Security Act of 1974, as amended) or group insurance or other benefit plans
applicable to the Participant which are maintained by the Company or any Affiliate, except as may be provided under the terms of such
plans or determined by resolution of the Board.

 

    	15

     

    

 

(e)
Requirements of Law and Securities Exchange. The granting of Awards and the issuance of Shares in connection with an Award are
subject to all applicable laws, rules and regulations and to such approvals by any governmental agencies or national securities exchanges
as may be required. Notwithstanding any other provision of this Plan or any award agreement, the Company has no liability to deliver
any Shares under this Plan or make any payment unless such delivery or payment would comply with all applicable laws and the applicable
requirements of any securities exchange or similar entity, and unless and until the Participant has taken all actions required by the
Company in connection therewith. The Company may impose such restrictions on any Shares issued under the Plan as the Company determines
necessary or desirable to comply with all applicable laws, rules and regulations or the requirements of any national securities exchanges.

 

(f)
Code Section 409A. Any Award granted under this Plan shall be provided or made in such manner and at such time as to either make
the Award exempt from, or comply with, the provisions of Code Section 409A, to avoid a plan failure described in Code Section 409(a)(1),
and the provisions of Code Section 409A are incorporated into this Plan to the extent necessary for any Award that is subject to Code
Section 409A to comply therewith.

 

(g)
Governing Law; Venue. This Plan, and all agreements under this Plan, will be construed in accordance with and governed by the
laws of the State of Delaware, without reference to any conflict of law principles. Any legal action or proceeding with respect to this
Plan, any Award or any award agreement, or for recognition and enforcement of any judgment in respect of this Plan, any Award or any
award agreement, may only be brought and determined in (i) a court sitting in the State of Florida, and (ii) a “bench” trial,
and any party to such action or proceeding shall agree to waive its right to a jury trial.

 

(h)
Limitations on Actions. Any legal action or proceeding with respect to this Plan, any Award or any award agreement, must be brought
within one year (365 days) after the day the complaining party first knew or should have known of the events giving rise to the complaint.

 

(i)
Construction. Whenever any words are used herein in the masculine, they shall be construed as though they were used in the feminine
in all cases where they would so apply; and wherever any words are used in the singular or plural, they shall be construed as though
they were used in the plural or singular, as the case may be, in all cases where they would so apply. Titles of sections are for general
information only, and this Plan is not to be construed with reference to such titles. The title, label or characterization of an Award
in an award agreement or in the Company’s public filings or other disclosures shall not be determinative as to which specific Award
type is represented by the award agreement. Instead, the Administrator may determine which specific type(s) of Award(s) is (are) represented
by any award agreement, at the time such Award is granted or at any time thereafter. Except to the extent otherwise provided in the applicable
award agreement, in the case of any Award that includes a “series of installment payments” (within the meaning of Section
1.409A-2(b)(2)(iii) of the Treasury Regulations), the Award holder’s right to the series of installment payments shall be treated
as a right to a series of separate payments and not as a right to a single payment.

 

(j)
Severability. If any provision of this Plan or any award agreement or any Award (i) is or becomes or is deemed to be invalid,
illegal or unenforceable in any jurisdiction, or as to any person or Award, or (ii) would cause this Plan, any award agreement or any
Award to violate or be disqualified under any law the Administrator deems applicable, then such provision should be construed or deemed
amended to conform to applicable laws, or if it cannot be so construed or deemed amended without, in the determination of the Administrator,
materially altering the intent of this Plan, award agreement or Award, then such provision should be stricken as to such jurisdiction,
person or Award, and the remainder of this Plan, such award agreement and such Award will remain in full force and effect.

 

    	16

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00346-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00346-of-00352.parquet"}]]