Document:

ABSOLUTE
LIFE SOLUTIONS, Inc.

AT-WILL EMPLOYMENT, CONFIDENTIAL INFORMATION,

INVENTION ASSIGNMENT AND ARBITRATION
AGREEMENT

 

As a condition of my
employment with Absolute Life Solutions, Inc., its subsidiaries, affiliates, successors or assigns (together, the “Company”),
and in consideration of my employment with the Company and my receipt of the compensation now and hereafter paid to me by Company,
I and the Company agree to the following provisions of this Absolute Life Solutions, Inc. At-Will Employment, Confidential Information,
Invention Assignment, and Arbitration Agreement (this “Agreement”):

 

1.  At-Will
Employment

 

A.  At-Will
Employment. I UNDERSTAND AND ACKNOWLEDGE THAT MY EMPLOYMENT WITH THE COMPANY IS FOR
NO SPECIFIED TERM AND CONSTITUTES “AT-WILL” EMPLOYMENT. I ALSO UNDERSTAND THAT ANY REPRESENTATION TO THE CONTRARY IS
UNAUTHORIZED AND NOT VALID UNLESS IN WRITING AND SIGNED BY THE PRESIDENT OR CEO OF THE COMPANY. ACCORDINGLY, I ACKNOWLEDGE THAT
MY EMPLOYMENT RELATIONSHIP MAY BE TERMINATED AT ANY TIME, WITH OR WITHOUT GOOD CAUSE OR FOR ANY OR NO CAUSE, AT MY OPTION OR AT
THE OPTION OF THE COMPANY, upon written NOTICE. I FURTHER ACKNOWLEDGE THAT THE COMPANY MAY, subject to section 1.b below, MODIFY
JOB TITLES, SALARIES, AND BENEFITS FROM TIME TO TIME AS IT DEEMS NECESSARY.

 

B.  Severance.
If my employment relationship is terminated by the Company without Cause (as defined below) or by me for Good Reason (as
defined below), the Company agrees to pay to me severance payments in an aggregate amount equal to three months of my base salary
at the monthly rate payable immediately prior to the notice of termination, payable in lump sum on the effective date of termination,
less all applicable withholdings. As used herein:

 

(i)          "Cause"
means (a) gross incompetence or willful misconduct by me that is materially injurious to the business, operations or affairs of
the Company; (b) a material breach by me of any of the provisions of this Agreement or the Offer Letter (defined below); (c) repeated
material violation by me of any of the policies, rules and regulations of the Company (including but not limited to discrimination
or harassment); (d) fraud, misappropriation, dishonesty in financial dealings or embezzlement by me in connection with the business,
operations or affairs of the Company; or (e) alcohol or substance abuse by me which interferes with the performance of my duties
or obligations to the Company, which, in each instance, is not cured, if curable, within ten days following written notice from
the Company to me specifying such breach; provided, that clause (d) above shall not be subject to any cure period; and

 

(ii)          "Good
Reason" means (a) relocation by the Company of my principal place of work outside of the Greater New York Metropolitan
Area (in and around New York City) without my prior consent, (b) any change to my title to a lower level or a material reduction
in my duties and responsibilities, (c) any reduction to my base salary or material reduction in my benefits, other than in connection
with an overall reduction in benefits to all Company employees at substantially the same employment level, or (d) a material breach
by the Company of the provisions of this Agreement or the provisions of that certain offer letter from the Company and signed by
me as of the date hereof (the "Offer Letter"), which, in each instance, is not cured, if curable, within ten days
following written notice from me to the Company specifying such breach.

 

    	 

    	 

    

 

2.   Confidentiality

 

A.   Definition
of Company Confidential Information. I understand that “Company Confidential Information” means information
that the Company has or will develop, acquire, create, compile, discover or own, that has value in or to the Company’s business
which is not generally known and which the Company wishes to maintain as confidential or which I should reasonably expect the Company
would wish to maintain as confidential. Company Confidential Information includes both information disclosed by the Company to
me, and information developed or learned by me in the course of my employment with the Company. Company Confidential Information
also includes all information of which the unauthorized disclosure could be detrimental to the interests of the Company, whether
or not such information is identified as Company Confidential Information. By example, and without limitation, Company Confidential
Information includes any and all non-public information that relates to the actual or anticipated business and/or products, research
or development of the Company, or to the Company’s technical data, trade secrets, or know-how, including, but not limited
to, research, product plans, or other information regarding the Company’s products or services and markets therefor, customer
lists and customers (including, but not limited to, customers of the Company on which I called or with which I may become acquainted
or aware of during the term of my employment), software, developments, inventions, processes, formulas, technology, designs, drawings,
engineering, hardware configuration information, marketing, finances, and other business information disclosed by the Company either
directly or indirectly in writing, orally or by drawings or inspection of premises, parts, equipment, or other Company property.
Notwithstanding the foregoing, Company Confidential Information shall not include any such information which I can establish (i)
was publicly known or made generally available prior to the time of disclosure by the Company to me; (ii) becomes publicly known
or made generally available after disclosure by the Company to me through no wrongful action or omission by me; or (iii) is in
my rightful possession, without confidentiality obligations, at the time of disclosure by the Company. I understand that nothing
in this Agreement is intended to limit employees’ rights to discuss the terms, wages, and working conditions of their employment,
as protected by applicable law.

 

B.   Nonuse
and Nondisclosure. I agree that during and after my employment with the Company, I will hold in the strictest confidence, and
take all reasonable precautions to prevent any unauthorized use or disclosure of Company Confidential Information, and I will not
(i) use the Company Confidential Information for any purpose whatsoever other than for the benefit of the Company in the course
of my employment, or (ii) disclose the Company Confidential Information to any third party without the prior written authorization
of President, CEO, or the Board of Directors of the Company. When compelled by applicable law or by a court of competent jurisdiction
or a government or quasi-government agency to make disclosure any Company Confidential Information, I shall, prior to making such
disclosure, provide prior written notice to the President, CEO, and General Counsel of the Company. (as applicable), sufficient
to enable the Company to act to prevent or limit such disclosure. I agree that I obtain no title to any Company Confidential Information,
and that as between Company and myself, the Company retains all Confidential Information as the sole property of the Company I
understand that my unauthorized use or disclosure of Company Confidential Information during my employment may lead to disciplinary
action, up to and including immediate termination and legal action by the Company. I understand that my obligations under this
Section 2.B shall continue after termination of my employment. Nothing contained in this Agreement will restrict my use
of general ideas, concepts, know-how, methodologies, processes, technologies, algorithms or techniques relating to the Confidential
Information retained in my unaided mental impressions, for providing services or developing ideas for myself or to third parties;
provided that doing so does not infringe Company’s rights in Inventions.  For the purposes of this provision, memory
is “unaided” if I do not make any intentional effort to memorize the information or commit such information to recording
in any format (including, but not limited to, paper, electronic, audio or video recording) for the purpose of retaining and subsequently
using or disclosing information for commercial or non-commercial exploitation.

 

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C.   Former
Employer Confidential Information. I agree that during my employment with the Company, I will not improperly use, disclose,
or induce the Company to use any proprietary information or trade secrets of any former employer or other person or entity with
which I have an obligation to keep in confidence. I further agree that I will not bring onto the Company’s premises or transfer
onto the Company’s technology systems any unpublished document, proprietary information, or trade secrets belonging to any
such third party unless disclosure to, and use by, the Company has been consented to in writing by such third party.

 

D.    Third
Party Information. I recognize that the Company has received and in the future will receive from third parties associated with
the Company, e.g., the Company’s customers, suppliers, licensors, licensees, partners, or collaborators (“Associated
Third Parties”), their confidential or proprietary information (“Associated Third Party Confidential Information”)
subject to a duty on the Company’s part to maintain the confidentiality of such Associated Third Party Confidential Information
and to use it only for certain limited purposes. By way of example, Associated Third Party Confidential Information may include
the habits or practices of Associated Third Parties, the technology of Associated Third Parties, requirements of Associated Third
Parties, and information related to the business conducted between the Company and such Associated Third Parties. I agree at all
times during my employment with the Company and thereafter, that I owe the Company and its Associated Third Parties a duty to hold
all such Associated Third Party Confidential Information in the strictest confidence, and not to use it or to disclose it to any
person, firm, corporation, or other third party except as necessary in carrying out my work for the Company consistent with the
Company’s agreement with such Associated Third Parties. I further agree to comply with any and all Company policies and guidelines
that may be adopted from time to time regarding Associated Third Parties and Associated Third Party Confidential Information. I
understand that my unauthorized use or disclosure of Associated Third Party Confidential Information or violation of any Company
policies during my employment may lead to disciplinary action, up to and including immediate termination and legal action by the
Company.

 

3.
   Ownership

 

A.    Assignment
of Inventions. As between the Company and myself, I agree that all right, title, and interest in and to any and all copyrightable
material, notes, records, drawings, designs, inventions, improvements, developments, discoveries and trade secrets conceived, discovered,
authored, invented, developed or reduced to practice by me, solely or in collaboration with others, during the period of time I
am in the employ of the Company (including during my off-duty hours), or with the use of the Company’s equipment, supplies,
facilities, or Company Confidential Information, and any copyrights, patents, trade secrets, mask work rights or other intellectual
property rights relating to the foregoing (other than intellectual property rights in or relating to Prior Inventions and Derivative
Inventions (as defined below)) (collectively, “Inventions”), are the sole property of the Company (which for
purposes of all paragraphs of this Section 3 includes the Company’s designees, if any). I also agree to promptly make
full written disclosure to the Company of any Inventions, and to deliver and assign and hereby irrevocably assign fully to the
Company all of my right, title and interest in and to Inventions. I agree that this assignment includes a present conveyance to
Infinity Augmented Reality, Inc. of ownership of Inventions that are not yet in existence. I further acknowledge that all original
works of authorship that are made by me (solely or jointly with others) within the scope of and during the period of my employment
with the Company and that are protectable by copyright are “works made for hire,” as that term is defined in the United
States Copyright Act. I understand and agree that the decision whether or not to commercialize or market any Inventions is within
the Company’s sole discretion and for the Company’s sole benefit, and that no royalty or other consideration will be
due to me as a result of the Company’s efforts to commercialize or market any such Invention.

 

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B.    Pre-Existing
Materials. I have attached hereto as Exhibit A, a list describing all inventions, discoveries, original works of authorship,
developments, improvements, trade secrets and other proprietary information or intellectual property
rights owned by me or in which I have an interest prior to, or separate from, my employment with the Company (“Prior
Inventions”). I shall have the right to continue to work on and improve and create derivatives of my Prior Inventions
(“Derivative Inventions”). It is understood and agreed that all Prior Inventions, Derivative Inventions and
the results of any Outside Activities are owned by me and are not Inventions. In the event that any work from or for the Company
overlaps with Prior Inventions or Derivative Inventions, I shall notify the Company of such overlap and shall have the right to
recuse myself from such project so that my ability to perform all obligations under this Agreement is not compromised. I agree
not to incorporate Prior Inventions or Derivative Inventions unless I have notified Company of such intent. The terms of any such
incorporation shall be part of a separate license agreement between the Company and me.

 

C.    Moral
Rights. Any assignment to the Company of Inventions includes all rights of attribution, paternity, integrity, modification,
disclosure and withdrawal, and any other rights throughout the world that may be known as or referred to as “moral rights,”
“artist’s rights,” “droit moral,” or the like (collectively, “Moral Rights”).
To the extent that Moral Rights cannot be assigned under applicable law, I hereby waive and agree not to enforce any and all Moral
Rights, including, without limitation, any limitation on subsequent modification, to the extent permitted under applicable law.

 

D.    Maintenance
of Records. I agree to keep and maintain adequate, current, accurate, and authentic written records of all Inventions made
by me (solely or jointly with others) during the term of my employment with the Company. The records will be in the form of notes,
sketches, drawings, electronic files, reports, or any other format that may be specified by the Company. As between Company and
myself, the records are and will be available to and remain the sole property of the Company at all times.

 

E.    Further
Assurances. I agree to assist the Company, or its designee, upon reasonable request and at the Company’s sole cost and
expense, in every proper way to secure the Company’s rights in the Inventions in any and all countries, including the disclosure
to the Company of all pertinent information and data with respect thereto, the execution of all applications, specifications, oaths,
assignments, and all other instruments that the Company shall deem proper or necessary in order to apply for, register, obtain,
maintain, defend, and enforce such rights, and in order to deliver, assign and convey to the Company, its successors, assigns,
and nominees the sole and exclusive rights, title, and interest in and to all Inventions, and testifying in a suit or other proceeding
relating to such Inventions. I further agree that my obligations under this Section 3.E shall continue after the termination
of this Agreement.

 

F.    Attorney-in-Fact.
I agree that, if the Company is unable because of my unavailability, mental or physical incapacity, or for any other reason to
secure my signature with respect to any Inventions, including, without limitation, for the purpose of applying for or pursuing
any application for any United States or foreign patents or mask work or copyright registrations covering the Inventions assigned
to the Company in Section 3.A, then I hereby irrevocably designate and appoint the Company and its duly authorized officers
and agents as my agent and attorney-in-fact, to act for and on my behalf to execute and file any papers and oaths, and to do all
other lawfully permitted acts with respect to such Inventions to further the prosecution and issuance of patents, copyright and
mask work registrations with the same legal force and effect as if executed by me. This power of attorney shall be deemed coupled
with an interest, and shall be irrevocable.

 

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4.
   Conflicting Obligations

 

A.    Current
Obligations. I agree that during the term of my employment with the Company, I will not engage in or undertake or solicit any
employee agent or consultant to the Company to undertake any other employment, occupation, consulting relationship, or commitment
that is directly related to the business in which the Company is now involved or becomes involved or has plans to become involved,
nor will I engage in any other activities that conflict with my obligations to the Company; provided, that the Company acknowledges
and agrees that I shall be permitted to engage and be involved in the Outside Activities as defined in, and to the fullest extent
permitted and contemplated by, the Offer Letter, and that my involvement and engagement in such Outside Activities shall not constitute
or be deemed to constitute a breach by me of this Agreement or my obligations hereunder.

 

B.    Prior
Relationships. Without limiting Section 4.A, I represent and warrant that, other than the Outside Activities, I have
no other agreements, relationships, or commitments to any other person or entity that conflict with the provisions of this Agreement,
my obligations to the Company under this Agreement, or my ability to become employed and perform the services for which I am being
hired by the Company. I further agree that if I have signed a confidentiality agreement or similar type of agreement with any former
employer or other entity, I will comply with the terms of any such agreement to the extent that its terms are lawful under applicable
law. Moreover, I agree to fully indemnify the Company, its directors, officers, agents, employees, investors, shareholders, administrators,
affiliates, divisions, subsidiaries, predecessor and successor corporations, and assigns for all verdicts, judgments, settlements,
and other losses incurred by any of them resulting from my breach, as determined by a court of competent jurisdiction, of my obligations
under any agreement with a third party to which I am a party or obligation to which I am bound, as well as any reasonable attorneys’
fees and costs , except as prohibited by law.

 

5.
   Return of Company Materials

 

Upon separation from
employment with the Company, on Company’s earlier request during my employment, or at any time subsequent to my employment
upon demand from the Company, I will immediately deliver to the Company (which for purposes of this Section 5 includes the
Company’s designees, if any), and will not keep in my possession, recreate, or deliver to anyone else, any and all Company
property, including, but not limited to, Company Confidential Information, Associated Third Party Confidential Information, all
devices and equipment belonging to the Company (including computers, handheld electronic devices, telephone equipment, and other
electronic devices), all tangible embodiments of the Inventions, all electronically stored information and passwords to access
such property, Company credit cards, records, data, notes, notebooks, reports, files, proposals, lists, correspondence, specifications,
drawings, blueprints, sketches, materials, photographs, charts, any other documents and property, and reproductions of any of the
foregoing items, including, without limitation, those records maintained pursuant to Section 3.D. I also consent to an exit
interview to confirm my compliance with this Section 5.

 

6.
   Termination Certification

 

Upon separation from
employment with the Company, I agree to immediately sign and deliver to the Company the “Termination Certification”
attached hereto as Exhibit B. I also agree to keep the Company advised of my home and business address for a period of three
(3) years after termination of my employment with the Company, so that the Company can contact me regarding my continuing obligations
provided by this Agreement.

 

7.
    [Intentionally OMITTED]

 

8.
    [Intentionally OMITTED]

 

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9.
   Conflict of Interest Guidelines

 

I agree to diligently
adhere to all policies of the Company, including the Company’s insider trading policies and the Company’s Code of Business
Conduct and Ethics. A copy of the Company’s current Code is attached as Exhibit C hereto, but I understand that the
Code may be revised from time to time during my employment.

 

10.
   Representations

 

Without limiting my
obligations under Section 3.E above, I agree to execute any proper oath or verify any proper document required to carry
out the terms of this Agreement. I represent and warrant that my performance of all the terms of this Agreement will not breach
any agreement to keep in confidence information acquired by me in confidence or in trust prior to my employment by the Company.
I hereby represent and warrant that I have not entered into, and I will not enter into, any oral or written agreement in conflict
herewith.

 

11.
   Audit

 

I acknowledge that
I have no reasonable expectation of privacy in any computer, technology system, email, handheld device, telephone, voicemail, or
documents that are used to conduct the business of the Company. All information, data, and messages created, received, sent, or
stored in these systems are, at all times, the property of the Company. As such, the Company has the right to audit and search
all such items and systems, without further notice to me, to ensure that the Company is licensed to use the software on the Company’s
devices in compliance with the Company’s software licensing policies, to ensure compliance with the Company’s policies,
and for any other business-related purposes in the Company’s sole discretion. I understand that I am not permitted to add
any unlicensed, unauthorized, or non-compliant applications to the Company’s technology systems, including, without limitation,
open source or free software not authorized by the Company, and that I shall refrain from copying unlicensed software onto the
Company’s technology systems or using non-licensed software or websites. I understand that it is my responsibility to comply
with the Company’s policies governing use of the Company’s documents and the internet, email, telephone, and technology
systems to which I will have access in connection with my employment.

 

I am aware that the
Company has or may acquire software and systems that are capable of monitoring and recording all network traffic to and from any
computer I may use to conduct the business of the Company. The Company reserves the right to access, review, copy, and delete any
of the information, data, or messages accessed through these systems with or without notice to me and/or in my absence. This includes,
but is not limited to, all e-mail messages sent or received, all website visits, all chat sessions, all news group activity (including
groups visited, messages read, and postings by me), and all file transfers into and out of the Company’s internal networks.
The Company further reserves the right to retrieve previously deleted messages from e-mail or voicemail and monitor usage of the
Internet through these systems, including websites visited and any information I have downloaded. In addition, the Company may
review Internet and technology systems activity and analyze usage patterns, and may choose to publicize this data to assure that
technology systems are devoted to legitimate business purposes.

 

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12.
   Arbitration and Equitable Relief 

 

A.
   Arbitration. IN CONSIDERATION OF MY EMPLOYMENT WITH THE COMPANY, ITS PROMISE TO ARBITRATE ALL EMPLOYMENT-RELATED
DISPUTES AND MY RECEIPT OF THE COMPENSATION, PAY RAISES AND OTHER BENEFITS PAID TO ME BY THE COMPANY, AT PRESENT AND IN THE FUTURE,
I AGREE THAT ANY AND ALL CONTROVERSIES, CLAIMS, OR DISPUTES WITH ANYONE (INCLUDING THE COMPANY AND ANY EMPLOYEE, OFFICER, DIRECTOR,
SHAREHOLDER OR BENEFIT PLAN OF THE COMPANY, IN THEIR CAPACITY AS SUCH OR OTHERWISE), ARISING OUT OF, RELATING TO, OR RESULTING
FROM MY EMPLOYMENT WITH THE COMPANY OR THE TERMINATION OF MY EMPLOYMENT WITH THE COMPANY, INCLUDING ANY BREACH OF THIS AGREEMENT
OR THE OFFER LETTER, SHALL BE SUBJECT TO BINDING ARBITRATION UNDER THE ARBITRATION RULES SET FORTH IN THE NEW YORK CIVIL PRACTICE
LAW AND RULES, ARTICLE 75, SECTION 7501 THROUGH 7514 (THE “RULES”) AND PURSUANT TO NEW YORK LAW. THE FEDERAL
ARBITRATION ACT SHALL CONTINUE TO APPLY WITH FULL FORCE AND EFFECT NOTWITHSTANDING THE APPLICATION OF PROCEDURAL RULES SET FORTH
IN THE ACT. DISPUTES THAT I AGREE TO ARBITRATE, AND THEREBY AGREE TO WAIVE ANY RIGHT TO A TRIAL BY JURY, INCLUDE ANY STATUTORY
CLAIMS UNDER LOCAL, STATE, OR FEDERAL LAW, INCLUDING, BUT NOT LIMITED TO, CLAIMS UNDER TITLE VII OF THE CIVIL RIGHTS ACT OF 1964,
THE CIVIL RIGHTS ACT OF 1991, THE AMERICANS WITH DISABILITIES ACT OF 1990, THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, THE
OLDER WORKERS BENEFIT PROTECTION ACT, THE SARBANES-OXLEY ACT, THE WORKER ADJUSTMENT AND RETRAINING NOTIFICATION ACT, THE FAIR CREDIT
REPORTING ACT, THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, THE FAMILY AND MEDICAL LEAVE ACT, THE NEW YORK STATE HUMAN
RIGHTS LAW, THE NEW YORK CITY HUMAN RIGHTS LAW, IF APPLICABLE, THE NEW YORK LABOR CODE, THE NEW YORK WORKERS’ COMPENSATION
LAW, CLAIMS OF HARASSMENT, DISCRIMINATION AND WRONGFUL TERMINATION, AND ANY STATUTORY OR COMMON LAW CLAIMS. NOTWITHSTANDING THE
FOREGOING, I UNDERSTAND THAT NOTHING IN THIS AGREEMENT CONSTITUTES A WAIVER OF MY RIGHTS UNDER SECTION 7 OF THE NATIONAL LABOR
RELATIONS ACT. I FURTHER UNDERSTAND THAT THIS AGREEMENT TO ARBITRATE ALSO APPLIES TO ANY DISPUTES THAT THE COMPANY MAY HAVE WITH
ME.

 

B.
   Procedure. I AGREE THAT ANY ARBITRATION WILL BE ADMINISTERED BY JUDICIAL ARBITRATION & MEDIATION SERVICES,
INC. (“JAMS”), PURSUANT TO ITS EMPLOYMENT ARBITRATION RULES & PROCEDURES (THE “JAMS RULES”) IN NEW
YORK COUNTY, NEW YORK. I UNDERSTAND THAT THE PARTIES TO THE ARBITRATION SHALL EACH PAY AN EQUAL SHARE OF THE COSTS AND EXPENSES
OF SUCH ARBITRATION, EXCEPT AS PROHIBITED BY LAW. I FURTHER UNDERSTAND THAT EACH PARTY SHALL SEPARATELY PAY FOR ITS RESPECTIVE
ATTORNEYS’ FEES AND COSTS; PROVIDED, HOWEVER, THAT THE ARBITRATOR MAY, IF HE OR SHE DEEMS APPROPRIATE, AWARD REASONABLE ATTORNEYS’
FEES AND COSTS TO THE PREVAILING PARTY IN THE EVENT THE OPPOSING PARTY’S CLAIM WAS SUBSTANTIALLY UNJUSTIFIED AND UNREASONABLE,
EXCEPT AS PROHIBITED BY LAW. I AGREE THAT THE ARBITRATOR SHALL HAVE THE POWER TO DECIDE ANY MOTIONS BROUGHT BY ANY PARTY TO THE
ARBITRATION, INCLUDING MOTIONS FOR SUMMARY JUDGMENT AND/OR ADJUDICATION, MOTIONS TO DISMISS, AND MOTIONS FOR CLASS CERTIFICATION,
PRIOR TO ANY ARBITRATION HEARING. I AGREE THAT THE ARBITRATOR SHALL ISSUE A WRITTEN DECISION ON THE MERITS. I ALSO AGREE THAT THE
ARBITRATOR SHALL HAVE THE POWER TO AWARD ANY REMEDIES AVAILABLE UNDER APPLICABLE LAW. I AGREE THAT THE DECREE OR AWARD RENDERED
BY THE ARBITRATOR MAY BE ENTERED AS A FINAL AND BINDING JUDGMENT IN ANY COURT HAVING JURISDICTION THEREOF. I AGREE THAT THE ARBITRATOR
SHALL ADMINISTER AND CONDUCT ANY ARBITRATION IN A MANNER CONSISTENT WITH NEW YORK LAW, INCLUDING THE NEW YORK CIVIL PROCEDURE LAWS
AND RULES, AND THAT THE ARBITRATOR SHALL APPLY SUBSTANTIVE AND PROCEDURAL NEW YORK LAW TO ANY DISPUTE OR CLAIM, WITHOUT REFERENCE
TO RULES OF CONFLICT OF LAW. WITHOUT LIMITING THE FOREGOING, I AND THE COMPANY SHALL BE ENTITLED TO DOCUMENT AND DEPOSITION DISCOVERY
OF THE SAME SCOPE AS THAT AVAILABLE UNDER THE NEW YORK CIVIL PROCEDURE LAWS AND RULES. TO THE EXTENT THAT THE JAMS RULES CONFLICT
WITH NEW YORK LAW, NEW YORK LAW SHALL TAKE PRECEDENCE. I AGREE THAT THE DECISION OF THE ARBITRATOR SHALL
BE IN WRITING. ANY ARBITRATION UNDER THIS AGREEMENT SHALL
BE CONDUCTED IN NEW YORK COUNTY, NEW YORK.

 

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C.    Remedy.
EXCEPT AS PROVIDED BY THE RULES AND THIS AGREEMENT, ARBITRATION SHALL BE THE SOLE, EXCLUSIVE AND FINAL REMEDY FOR ANY DISPUTE BETWEEN
ME AND THE COMPANY. ACCORDINGLY, EXCEPT AS PROVIDED FOR BY THE RULES AND THIS AGREEMENT AND THE OFFER LETTER, NEITHER I NOR THE
COMPANY WILL BE PERMITTED TO PURSUE COURT ACTION REGARDING CLAIMS THAT ARE SUBJECT TO ARBITRATION.

 

D.    Availability
of Injunctive Relief. IN ADDITION TO THE RIGHT UNDER THE RULES TO PETITION THE COURT FOR PROVISIONAL RELIEF, I AGREE THAT ANY
PARTY MAY ALSO PETITION THE COURT FOR INJUNCTIVE RELIEF WHERE EITHER PARTY ALLEGES OR CLAIMS A VIOLATION OF THE AT-WILL EMPLOYMENT,
CONFIDENTIAL INFORMATION, INVENTION ASSIGNMENT, AND ARBITRATION AGREEMENT BETWEEN ME AND THE COMPANY OR ANY OTHER AGREEMENT REGARDING
TRADE SECRETS, CONFIDENTIAL INFORMATION, NONCOMPETITION OR NONSOLICITATION. I UNDERSTAND THAT ANY BREACH OR THREATENED BREACH OF
SUCH AN AGREEMENT WILL CAUSE IRREPARABLE INJURY AND THAT MONEY DAMAGES WILL NOT PROVIDE AN ADEQUATE REMEDY THEREFOR AND BOTH PARTIES
HEREBY CONSENT TO THE ISSUANCE OF AN INJUNCTION. IN THE EVENT EITHER PARTY SEEKS INJUNCTIVE RELIEF, THE PREVAILING PARTY SHALL
BE ENTITLED TO RECOVER REASONABLE COSTS AND ATTORNEYS’ FEES.

 

E.    Administrative
Relief. I UNDERSTAND THAT THIS AGREEMENT AND/OR THE OFFER LETTER DOES NOT PROHIBIT ME FROM PURSUING AN ADMINISTRATIVE CLAIM
WITH A LOCAL, STATE, OR FEDERAL ADMINISTRATIVE BODY OR GOVERNMENT AGENCY THAT IS AUTHORIZED TO ENFORCE OR ADMINISTER LAWS RELATED
TO EMPLOYMENT, INCLUDING, BUT NOT LIMITED TO, THE NEW YORK STATE DIVISION OF HUMAN RIGHTS, THE NEW YORK CITY COMMISSION ON HUMAN
RIGHTS (AS APPLICABLE), THE EQUAL EMPLOYMENT OPPORTUNITY COMMISSION, THE NATIONAL LABOR RELATIONS BOARD, OR THE WORKERS’
COMPENSATION BOARD. THIS AGREEMENT DOES, HOWEVER, PRECLUDE ME FROM PURSUING COURT ACTION REGARDING ANY SUCH CLAIM, EXCEPT AS PERMITTED
BY LAW.

 

F.    Voluntary
Nature of Agreement. I ACKNOWLEDGE AND AGREE THAT I AM EXECUTING THIS AGREEMENT AND EXECUTED THE OFFER LETTER VOLUNTARILY AND
WITHOUT ANY DURESS OR UNDUE INFLUENCE BY THE COMPANY OR ANYONE ELSE. I FURTHER ACKNOWLEDGE AND AGREE THAT I HAVE CAREFULLY READ
THIS AGREEMENT AND THE OFFER LETTER AND THAT I HAVE ASKED ANY QUESTIONS NEEDED FOR ME TO UNDERSTAND THE TERMS, CONSEQUENCES, AND
BINDING EFFECT OF THIS AGREEMENT AND FULLY UNDERSTAND IT, INCLUDING THAT I AM WAIVING MY RIGHT TO A JURY TRIAL. FINALLY, I AGREE
THAT I HAVE BEEN PROVIDED AN OPPORTUNITY TO SEEK THE ADVICE OF AN ATTORNEY OF MY CHOICE BEFORE SIGNING THIS AGREEMENT.

 

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13.
  Miscellaneous

 

A.    Governing
Law; Consent to Personal Jurisdiction. This Agreement will be governed by the laws of the State of New York without regard
to New York’s conflicts of law rules that may result in the application of the laws of any jurisdiction other than New York.
To the extent that any lawsuit is permitted under this Agreement, I hereby expressly consent to the personal and exclusive jurisdiction
and venue of the state and federal courts located in New York or as provided in the arbitration provisions of Section 12
above for any lawsuit or dispute filed against me by the Company or for any claim or dispute I have against the Company. I also
hereby waive, to the maximum extent permitted by law, any objection, including any objection based on forum non conveniens, to
the bringing of any such proceeding in such jurisdictions or to any claim that such venue of the suit, action or proceeding is
improper.

 

B.    Assignability.
This Agreement will be binding upon my heirs, executors, assigns, administrators, and other legal representatives, and will be
for the benefit of the Company, its successors, and its assigns. Notwithstanding anything to the contrary herein, the Company may
assign this Agreement and its rights and obligations under this Agreement to any successor to all or substantially all of the Company’s
relevant assets, whether by merger, consolidation, reorganization, reincorporation, sale of assets or stock, or otherwise. There
are no intended third-party beneficiaries to this Agreement, except as may be expressly otherwise stated.

 

C.    Entire
Agreement; Conflicting Provisions. This Agreement, together with the Exhibits herein and the Offer Letter, sets forth the entire
agreement and understanding between the Company and me with respect to the subject matter herein and supersedes all prior written
and oral agreements, discussions, or representations between us, including, but not limited to, any representations made during
my interview(s) or relocation negotiations. I represent and warrant that I am not relying on any statement or representation not
contained in this Agreement or the Offer Letter. Without limiting Section 1.B, any subsequent change or changes in my duties, salary,
or compensation will not affect the validity or scope of this Agreement. In the event of a conflict between the terms of this Agreement
(together with the Exhibits herein) and the terms of the Offer Letter, the terms of this Agreement (together with the Exhibits
herein) will, to the extent of such conflict, prevail.

 

D.    Headings.
Headings are used in this Agreement for reference only and shall not be considered when interpreting this Agreement.

 

E.    Severability.
If a court or other body of competent jurisdiction finds any provision of this Agreement, or portion thereof, to be invalid or
unenforceable, such provision will be enforced to the maximum extent permissible so as to effect the intent of the parties, and
the remainder of this Agreement will continue in full force and effect.

 

F.    Modification,
Waiver. No modification of or amendment to this Agreement, nor any waiver of any rights under this Agreement, will be effective
unless in a writing signed by the President or CEO of the Company and me. Waiver by me or by the Company of a breach of any provision
of this Agreement will not operate as a waiver of any other or subsequent breach.

 

G.    Survivorship.
The rights and obligations of the parties to this Agreement will survive termination of my employment with the Company.

 

    	- 9 -

    	 

    

  

	Date:	March 6, 2013	 	/s/ Helen Papagiannis
		 	Signature
	 	 	 
	 	 	Helen Papagiannis
	 	 	Name of Employee (typed or printed)

 

	Date:  	March 6, 2013	 	ABSOLUTE LIFE SOLUTIONS, INC.
	 	 	 	 
	 	 	 	By: 	/s/_Avrohom Oratz
	 	 	 	Name:	Avrohom Oratz
	 	 	 	Title:	President

 

[SIGNATURE PAGE TO ABSOLUTE LIFE SOLUTIONS, INC.,
Inc. AT-WILL EMPLOYMENT, CONFIDENTIAL INFORMATION, AND INVENTION ASSIGNMENT AGREEMENT]

 

    	- 10 -

    	 

    

 

EXHIBIT A

 

LIST OF PRIOR INVENTIONS

AND ORIGINAL WORKS OF AUTHORSHIP

 

	
        Title
	
 

	
        Date
	
 

	
        Identifying Number or Brief

        Description

	“Who's Afraid of Bugs?” Augmented Reality popup book	 	2011	 	Augmented Reality (AR) popup book with paper engineering that triggers virtual 3D models & interactivity using AR software and a camera equipped device such as a smartphone or tablet. Theme of exploring bugs and conquering fears.
	 	 	 	 	 
	Augmented Reality Dollhouse popup book	 	2006	 	Augmented Reality (AR) popup book with paper engineering that triggers virtual 3D models & interactivity using AR software and a camera equipped device such as a desktop computer with webcam, smartphone or tablet. Theme of exploring a dollhouse or diorama type structure with interactive play as a 'living' house with changing update-able content. Concept can be extended to other play structures/architectures including castle, pirate ship, zoo, fire station, and so on for both boys and girls.
	 	 	 	 	 
	Augmented Reality Dollhouse Toy	 	Commenced 2011	 	A children's play toy integrating Augmented Reality atop a physical dollhouse or diorama using an AR equipped device such as but not limited to a smartphone or tablet. Interactive play as a 'living' house with changing update-able content. Concept can be extended to other play structures/architectures including castle, pirate ship, zoo, fire station, and so on for both boys and girls.
	 	 	 	 	 
	Lenticular Augmented Reality	 	2006	 	Integration of Augmented Reality into lenticular lenses or analog lenticular folds to enable multiple points of view. Includes multiple flip lenticulars to integrate AR into a single object which can contain multiple markers and triggers multiple experiences that can be viewed from different angles and positions of the same single object. Can be used in, but not limited to, advertising billboards in AR, television viewing experiences, or entertainment experiences for multiple viewers in AR, and AR art installations.

 

    	- 11 -

    	 

    

 

	Augmented Reality memory album and Augmented Reality travelogue	 	2005	 	Augmented Reality utilized to store and display travel and life memories (including significant life moments as weddings, new baby, birthdays and other celebrations) in a physical book with audio and video clips.
	 	 	 	 	 
	Augmented Reality memory experiences and Augmented Reality memory tourism	 	2010	 	Record and share memories in Augmented Reality with loved ones, friends, family that are linked to a specific place or event. Relive the experience: See, hear and even touch those memories stored and overlaid atop the actual place/setting through an Augmented Reality equipped device. Be able to see, hear, touch and experience another's point of view and their memories or experience of a place through AR. Another mode is being able to see, hear, touch, via AR, a celebrity's experience of a place or event as they saw/lived it.
	 	 	 	 	 
	Augmented Reality Wonder Turner sculpture	 	2010	 	Large scale interactive sculpture using Augmented Reality triggers on a series of stacked rotatable cubes to create different combinations including characters and musical compositions (with AR elements in video, audio, 3D models, graphics). Exhibited as an art installation.
	 	 	 	 	 
	Augmented Reality Wonder Turner toy	 	2009	 	A small scale toy version of the above Wonder Turner.
	 	 	 	 	 
	Amazing Cinemagician RFID & Fog Screen installation	 	2010	 	
        RFID tags embedded in a series of objects such as playing cards
        to trigger various video clips projected through mixed reality atop a fog screen. Exhibited as an art installation.

         

 

    	- 12 -

    	 

    

 

	Augmented Reality joiners	 	2009	 	Multiple Augmented Reality markers forming one continuous composition.
	 	 	 	 	 
	Alice in Wonderland Augmented Reality book	 	Commenced 2012	 	A popup and moveable book in Augmented Reality inspired by Alice in Wonderland.
	 	 	 	 	 
	Georges Melies Augmented Reality book	 	Commenced 2012	 	A popup and moveable book in Augmented Reality inspired by the magician and filmmaker Georges Melies.
	 	 	 	 	 
	Lena's (dream) Lab Augmented Reality book	 	Commenced 2012	 	A popup and moveable book in Augmented Reality in which a lab and dream environment are enacted to tell multiple stories in AR through 'appisodes'.
	 	 	 	 	 
	Hide and Reveal pull tab Augmented Reality book	 	Commenced 2009	 	A paper engineered book consisting of physical pull-tabs that reveal different Augmented Reality triggers throughout a story experience.
	 	 	 	 	 
	'The 50 Ideas That Will Change Augmented Reality' (working title) book	 	Commenced 2012	 	A non-fiction book detailing the 50 ideas that will shape and define Augmented Reality as a new medium and the future of AR.
	 	 	 	 	 
	Authored articles, ideas and projects on blog at: www.augmentedstories.com	 	Commenced 2009	 	Authored articles, ideas and projects on blog at: www.augmentedstories.com
	 	 	 	 	 
	Multi-perspective Augmented Reality book for both fiction and non-fiction	 	Commenced 2010	 	
        A story or narrative that can be told from varying perspectives
        including non-fiction and fiction formats. The same physical book can be read with different overlay modes in Augmented Reality
        depending on the perspective the reader would like to experience. An example of non-fiction would be in history to tell the same
        story from the 'winner's' and 'loser's' perspective. In fiction, various narrators or characters could tell their versions/perspective
        of the story with various character insights. The book may also be designed in different physical ways to change the content, for
        instance flipping the book upside down triggers a different augmented perspective.

         

 

    	- 13 -

    	 

    

 

	'The Beautiful.' (working title, story in AR for a film)	 	Commenced 2008	 	A story for a film that is based on the premise of defining 'the beautiful' in AR, with characters/people each having different access to what is beautiful based on the software in their AR enabled devices/eyewear. Levels and access to the "beautiful" via the software installed on each individual's AR device vary depending on economic and social class. What one person sees as beautiful through their AR device can be entirely different from the next person's. The storyline includes two characters with different software trying to describe to the other how they see the “beautiful” and what their level of access permits them to experience, being drastically different from each other. Concept can also be extended into a game, book, installation, screenplay, or stage play.
	 	 	 	 	 
	Augmented Reality Panorama Composites	 	2009	 	Augmented Reality video clips embedded in a photographic panoramic scene overlaying motion into a static scene.
	 	 	 	 	 
	PhD projects and dissertation	 	Commenced 2007	 	PhD projects and dissertation

 

	Date:	March 6, 2013	 	/s/ Helen Papagiannis
	 	 	Signature
	 	 	 
	 	 	Helen Papagiannis
	 	 	Name of Employee (typed or printed)

 

    	- 14 -

    	 

    

 

EXHIBIT B

 

Infinity
Augmented Reality, INC. TERMINATION CERTIFICATION

 

This is to certify
that I do not have in my possession, nor have I failed to return, any devices, records, data, notes, reports, proposals, lists,
correspondence, specifications, drawings, blueprints, sketches, materials, equipment, any other documents or property, or reproductions
of any and all aforementioned items belonging to Infinity Augmented Reality, Inc., its subsidiaries, affiliates, successors or
assigns (together, the “Company”).

 

I further certify that
I have complied with all the terms of the Company’s At-Will Employment, Confidential Information, Invention Assignment, and
Arbitration Agreement signed by me, including the reporting of any inventions and original works of authorship (as defined therein)
conceived or made by me (solely or jointly with others), as covered by that agreement.

 

I further agree that,
in compliance with the At-Will Employment, Confidential Information, Invention Assignment, and Arbitration Agreement, I will preserve
as confidential any and all Company Confidential Information and Associated Third Party Confidential Information, including trade
secrets, confidential knowledge, data, or other proprietary information relating to products, processes, know-how, designs, formulas,
developmental or experimental work, computer programs, databases, other original works of authorship, customer lists, business
plans, financial information, or other subject matter pertaining to any business of the Company or any of its employees, clients,
consultants, or licensees.

 

	Date:	 	 	 
	 	 	Signature
	 	 	 
	 	 	 
	 	 	Name of Employee (typed or printed)

 

	Address for Notifications:	 	 
	 	 	 
	 	 	 

 

    	- 15 -

    	 

    

 

EXHIBIT C

 

ABSOLUTE LIFE SOLUTIONS, INC.

 

Code
of Business Conduct and Ethics

 

A.INTRODUCTION

 

 

The purpose of this
Code of Business Conduct and Ethics (this “Code”) is to describe standards of conduct and business expected
of directors, officers and employees (the “Covered Persons”) of Absolute Life Solutions, Inc. (the “Company”).
All Covered Persons will be required to attest annually to their awareness and acceptance of the provisions of the Code and to
affirm their compliance with such provisions.

 

The Company has formulated
this Code to help to ensure that Covered Persons act in accordance with applicable laws and observe the highest ethical standards
in their business dealings. The Company is keenly aware of the importance of maintaining its corporate reputation for integrity.
It is the responsibility of each Covered Person to create and maintain a fair, honest and professional workplace. The Company believes
that honesty is the essential standard of integrity and expects Covered Persons to deal with others in a manner that absolutely
excludes any consideration of personal or private benefit. It is, therefore, fundamental to the reputation and continuing success
of the Company that Covered Persons adhere to the rules and procedures set forth in this Code.

 

While this Code is
intended to provide guidelines for ethical and professional conduct, ultimately, Covered Persons must exercise good judgment and
common sense in interpreting and applying these procedures in any given situation. In cases of doubt, Covered Persons should consult
with the Chairman of the Board of Directors (the “Chairman”) and the President of the Company
(the “President”).

 

14. B.GENERAL
BUSINESS PRINCIPLES

 

		1.	Observance of Highest Ethical Standards

 

All Covered Persons
must observe the highest ethical standards of business conduct in their dealings with the Company’s stockholders, employees,
customers, suppliers, landlords, lessees and competitors. No Covered Person should engage in dishonest and unethical behavior affecting
such persons, including manipulation, concealment, abuse of privileged information, misrepresentation or any other unfair dealing.

 

		2.	Compliance with Laws

 

All Covered Persons
must fully comply with all applicable foreign and United States laws, rules and regulations. No Covered Person should at any time
take any action on behalf of the Company which violates such laws, rules or regulations. Ignorance of the applicable laws, rules
or regulations will not serve as a defense should such laws, rules or regulations be contravened. Covered Persons should always,
including in situations where applicable legal standards are conflicting or unclear, conduct the Company’s business in such
a manner that will not embarrass the Company should the full facts be disclosed.

 

    	- 16 -

    	 

    

 

		3.	Relationships with Public Officials - Political Contributions 

 

The Company’s
policy is to develop and maintain good relationships and effective communications at all levels of domestic and foreign governments
having authority over the areas in which the Company does business. Contacts with governmental officials both in this country and
abroad, whether direct or indirect, shall at all times be maintained as proper business relationships. These contacts must never
suggest a compromise of the objectivity of such persons or cast doubt on the Company’s integrity. No corporate funds, property
of any kind or services shall be used directly or indirectly to influence the nomination or election of any candidate to public
office, if such use is in violation of applicable law. This restriction is not intended to discourage Covered Persons from making
proper political contributions to the candidates, parties or committees of their choice.

 

		4.	Employment Relationships

 

The Company is committed
to the recruitment, training, development and retention of competent staff. All employment decisions, including selection for employment,
promotion and transfer, must be made solely on merit, experience and other work-related criteria.

 

The employment relationship established with the Company is
terminable at will, either by the employee or the Company, at any time, for any reason, and with or without cause. The provisions
of this Code should not be construed as creating a right to employment for any person or for any specific period of time. Exceptions
to the at-will employment relationship are only permitted when authorized in writing by the Chairman or the President.

 

		5.	Truth in Communications

 

The Chairman and the
President are responsible for making public communications about the financial and business condition of the Company and are to
cause full, fair, accurate, timely and understandable disclosure in reports and documents filed with the Securities and Exchange
Commission and in other public communications about the Company.

 

15. C.COMPANY
FUNDS AND ASSETS

 

Covered Persons are
charged with safeguarding the Company’s assets and property and ensuring their efficient and proper use. Covered Persons
having authority to handle the Company’s funds or assets are placed in a position of trust with respect to the Company. A
Covered Person must at all times maintain in good working order and safeguard from harm, theft or loss all tangible and intangible
assets of the Company, whether on the Company’s property or in the possession of the Covered Person. Assets of the Company
may be used only for their intended use and only for Company business even though incidental personal use may be permitted. Any
assets of the Company in the possession of a Covered Person must be returned to the Company upon the termination of such Covered
Person’s employment or association with the Company.

 

Neither the Company
nor the Board of Directors will engage in offering or making available credit or loan arrangements to any member of the Board of
Directors or the Company’s executive management.

 

Any discovery, improvement,
or invention made or conceived by an officer or employee, either solely or jointly with others, during the time he or she is employed
by the Company which pertains or relates to the products or business in which the Company is engaged shall be the exclusive property
of the Company whether or not patentable or copyrightable.

 

    	- 17 -

    	 

    

 

		D.	CONFLICTS OF INTEREST

 

A “conflict of
interest” exists when a person’s private interest interferes in any way with the interests of the Company. When
a conflict of interest arises, others may question the Company’s integrity. Therefore, all Covered Persons must conduct
themselves in accordance with the highest ethical standards of honesty and fair dealing and should, in pursuit of their business
duties, avoid actions that may create a conflict of interest and be adverse to the best interests of the Company and its stockholders.

 

Covered Persons must
report in writing to an appropriate person in the Company (i.e., the Chairman or the President.)
the existence or discovery of any circumstances, relating to such Covered Person or other Covered Persons, which constitute a conflict
of interest or could create a potential conflict of interest, including any financial or other business relationships, transactions,
arrangements or other interests or activities with the Company’s suppliers, customers, competitors or other persons that
could create a potential conflict of interest.

 

If a potential conflict
of interest would constitute a “related party transaction” that would be required to be disclosed pursuant to the securities
laws, the terms of the proposed transaction must be reported in writing to the Company’s Chairman or President who will refer,
if necessary, the matter to the Audit Committee for approval. Generally, a related party transaction is a transaction that includes
a director or executive officer, directly or indirectly, and the Company that exceeds $120,000 in amount. If a Covered Person has
any questions as to whether a proposed transaction is a “related party transaction,” the Covered Person should contact
the Chairman or the President for clarification.

 

		1.	Gifts and Entertainment

 

Gifts and entertainment
can easily be misunderstood and can appear to be an attempt to bribe our employees or the employees of another company. Generally,
it is the Company’s policy that Covered Persons are prohibited from accepting gifts or favors (i.e., money, merchandise,
services, entertainment, travel, or other forms of benefit) from any person or business organization that does business with the
Company, seeks to do business with the Company, or is a competitor of the Company. Covered Persons may accept small gifts or favors
that would be considered common business courtesies, however, no Covered Person should accept a gift
or favor that might be intended to influence, or appears to influence, a business decision. Covered Persons must report to his
or her supervisor the receipt of any gifts or favors. 

 

In general, Covered
Persons should not solicit entertainment, but are allowed to accept entertainment if the following criteria are met:

 

(a) it occurs infrequently;

 

(b) it arises in the
normal course of business and would be considered a common business courtesy;

 

(c) it involves reasonable
expenditures; and

 

(d) it takes place
in settings that are appropriate and fitting.

 

    	- 18 -

    	 

    

 

A
Covered Person shall not accept travel, vacation arrangements or similar favors or gratuities. Attending sports or theatrical
events with and as a guest of a supplier or receiving sports or theatre tickets for personal use is acceptable and considered a
normal business practice if kept within reasonable limits.

 

		2.	Certain Interests

 

Each Covered Person must report in writing
to the Chairman or the President any service as an officer, director, member, manager, partner or trustee of or any investment
in a company that is a customer, supplier, contractor, competitor or any person or organization having dealings with the Company
where the Company’s relationship with such organization is significant. For the purposes of this Code, the term “investment”
means any investment beneficially owned by the Covered Person, his or her family member, nominee, or other person through which
the Covered Person derives an economic benefit; provided, however, the term “investment” shall not mean
any beneficial ownership of up to five percent (5%) of the outstanding securities of a publicly-held company that is a customer,
supplier, contractor, or competitor of the Company.

 

		3.	Corporate Opportunity

 

Covered Persons should
not: (i) take for themselves personally opportunities that are discovered through the use of Company property, information or position;
(ii) use Company property, information, or position for personal gain; or (iii) directly compete with the Company. Covered Persons
owe a duty to the Company to advance its legitimate interests when the opportunity to do so arises.

 

		4.	Acting as a Supplier

 

A Covered Person may
not enter into an agreement with the Company as a supplier of products and services to the Company unless he or she receives a
prior written approval in accordance with this Code. This policy extends to any prospective supplier that is controlled or actively
influenced by a Covered Person. Selection of a supplier, including a Covered Person, must be made in accordance with the Company’s
procedures and policies.

 

		5.	Outside Activities

 

Officers and employees
should avoid outside employment or activities that impair effective performance of their obligations to the Company, either because
of excessive demands on their time or because the outside commitments constitute a drain away from the Company of their talents
and creative energies.

 

Of course, reasonable
participation in the activities of a trade association, professional society or charitable institution on an uncompensated basis
will not be deemed to violate the Conflicts of Interest provisions of this Code.

 

		E.	COMPANY INFORMATION

 

		1.	Integrity of Records

 

The Company requires
honest and accurate recording and reporting of information at all times. It applies the highest ethical
standards in its financial and non-financial reporting and follows the Securities and Exchange Commission’s and other applicable
rules regarding financial reporting.

 

    	- 19 -

    	 

    

 

Covered Persons may
not manipulate financial accounts, records or reports or take any action or cause any person to take any action to influence, coerce,
manipulate or mislead auditors for the purpose of rendering financial statements misleading.

 

All transactions must
be approved and executed in accordance with internal control procedures established by the Company and must be recorded in such
a manner as to permit the preparation of accurate financial statements for the Company.

 

Covered Persons may
not knowingly alter, destroy, mutilate, conceal, cover up, falsify or make a false entry in any record, document or tangible object
with the intent either to impair the object’s integrity or availability for use in an official proceeding or to obstruct,
impede, direct or influence the investigation or proper administration of any matter within the jurisdiction of any department
or agency of the United States or any bankruptcy case, or in relation to or contemplation of any such matter or case.

 

Covered Persons who
prepare, maintain or have custody of the Company’s records and reports should endeavor to ensure that these documents are:
(i) accurate and complete and clearly reflect the assets and transactions of the Company; (ii) safeguarded from loss or destruction;
(iii) retained for specified periods of time in accordance with the Company’s document retention policy; and (iv) maintained
in confidence.

 

		2.	Trade Secrets/Confidential Information

 

In general, a “trade
secret” is any nonpublic information that affords a commercial advantage to its owner. Trade secrets may take form of a customer
list, business plan and business strategy, terms and conditions of the Company’s contracts and agreements or any number of
other things which enhance the ability to compete for business. The Company possesses trade secrets and other confidential information,
many of which are the product of considerable investment by the Company.

 

Trade secrets and other
confidential information disclosed to or observed by Covered Persons should not be revealed at any time to any person or firm or
used at any time for any purpose other than the advancement of the Company’s business interests. The Company’s policy
is that all information developed or shared as the result of business processes is proprietary to the Company and an important
asset in the operation of the Company’s business, and the unauthorized use or disclosure of this information is prohibited.

 

All information about
the Company, its business, stockholders, customers and suppliers should be considered confidential unless the information is already
known to the public. This includes, but is not limited to, confidential technology, proprietary information, trade secrets, business
plans, documents, pricing and records. Covered Persons should not, without prior written authorization from the appropriate authority,
acquire, use, access, copy, remove, modify, alter or disclose to any third parties, any confidential information for any purpose
other than to perform their job responsibilities or in furtherance of expressly stated Company-sponsored activities. Any such materials
must be returned to the Company prior to a Covered Person leaving the Company.

 

Similarly, all Covered
Persons must respect the confidentiality of their former employer’s trade secrets. As a result, Covered Persons should not
divulge such information to any of the Company’s personnel or use the information while associated with the Company, unless
explicit written permission by the former employer has been obtained.

 

    	- 20 -

    	 

    

 

Confidential information or materials in
the possession of a Covered Person must be returned to the Company upon termination of employment or association with the Company.
Since the Company views the protection of its confidential information as highly critical to its business, unauthorized disclosure
of such information by the Covered Persons will result in disciplinary action that may include termination of employment or prosecution
under applicable law.

 

		3.	Insider Trading

 

It is unlawful to buy or sell securities
on the basis of material, non-public information (whether such information is gained in the course of employment or otherwise)
for Company-owned or managed accounts, for personal accounts, or for any accounts that associates may influence, including, but
not limited to, accounts of family members. This type of activity is known as “insider trading” and is prohibited by
securities laws and Company policy.

 

Information may be material if there
is a substantial likelihood that the information would affect the price of the security or that a reasonable investor would consider
the information significant in deciding whether to buy or sell a security. Information is considered to be non-public if
it has not been disclosed to the public. Generally, information is considered disclosed to the public if it has been published
in newspapers or other media, has been the subject of a press release or a public filing with the Securities and Exchange Commission
and, in all cases, at least 48 hours has passed since the publication, release or filing.

 

Substantial penalties may be assessed against
people who trade while in possession of material inside information and can also be imposed upon companies and so-called controlling
persons such as officers and directors, who fail to take appropriate steps to prevent or detect insider trading violations by their
employees or subordinates. Sanctions may be imposed by law enforcement officials for violating the insider trading policy, as well
as Company-imposed sanctions, up to and including termination of employment.

 

The Company opposes the unauthorized disclosure
of any non-public information acquired in the work-place and prevents the misuse of material nonpublic information in securities
trading. The Company has established procedures for releasing material information in a manner that is designed to achieve broad
public dissemination of the information immediately upon its release. Covered Persons may not, therefore, disclose information
to anyone outside the Company, including family members and friends, other than in accordance with those procedures. Covered Persons
also may not discuss the Company or its business in an internet “chat room” or similar internet-based forum.

 

		F.	EMBEZZLEMENT, THEFT, FRAUD AND NON-MONETARY IRREGULARITIES 

 

The Company expects
all Covered Persons to continuously demonstrate honesty and integrity in their business activities and relationships. Except for
incidental personal use, all Company assets should be used for legitimate business purposes. Unacceptable conduct includes:

 

		·	conversion to cash of any checks made payable to the Company or misappropriation of cash receipts,
including delaying submission of cash receipts so that they may be used on a temporary basis for personal reasons;

		·	authorization for payment of goods and services not received, or overpayment for goods or services;

 

    	- 21 -

    	 

    

 

		·	acceptance of kickbacks;

		·	engaging in any unethical act to entice a customer or potential customer to do business with the
Company;

		·	accepting, soliciting or giving gifts, gratuities or any other personal benefit or favor from or
to suppliers, potential suppliers or customers, except as provided in this Code;

		·	failure to accurately report the proceeds from the disposal of assets;

		·	misstatement of travel or expense reports, including processing of non-business items for expense
report reimbursement;

		·	falsification of any reports submitted to financial or operational management including but not
limited to:

		-	misreporting or manipulating revenue or expenses to enhance reported financial results,

		-	delay in reporting revenues,

		-	delay in reporting expenses,

		-	misstating quantities of physical inventories or the cost basis of inventories, and

		-	submission of inflated or fictitious inter-company expenses;

		·	engaging in any action to fraudulently influence, coerce, manipulate, or mislead any independent
public or certified accountant engaged in the performance of an audit of the Company’s financial statements for the purpose
of rendering such financial statements materially misleading;

		·	misuse of Company computer resources;

		·	unauthorized or improper access, misuse, modification, destruction or disclosure of Company data/software
or non-Company data/software for which the Company has been identified as accountable for processing, accessing and/or storing;

		·	failure to follow policies relating to capital expenditures; and

		·	theft of any nature (cash, equipment, parts, etc.).

 

		G.	REPORTING AND COMPLIANCE WITH THE CODE’S STANDARDS

 

		1.	Reporting of Violations

 

Any Covered Person
having knowledge of any actions prohibited by this Code must report such activity immediately to his or her supervisor or the Chairman
or the President. Prohibited actions involving directors and executive officers should be reported to the Audit Committee. Suspected
violations or good faith concerns regarding accounting, internal accounting controls or auditing matters should be reported directly
to the Audit Committee. Covered Persons are expected to cooperate in internal investigations of misconduct.

 

		2.	Prohibition against Retaliation

 

It is the Company’s policy not to
allow retaliation against any Covered Person for reports of misconduct or suspected violation of this Code by another person made
in good faith, for providing to a law enforcement officer any truthful information relating to the commission or possible commission
of any federal offense, or for proving information on actions such Covered Person reasonably believes to be violations of securities
laws, rules of the Securities and Exchange Commission, or other federal laws relating to fraud against stockholders.

 

    	- 22 -

    	 

    

 

		3.	Enforcement

 

The Company must ensure prompt and consistent
action against violations of this Code and reporting of violators to the appropriate authorities. All management personnel of the
Company shall be responsible for the enforcement of this Code. The management shall periodically review the rules and procedures
contained herein with the Covered Persons to ensure that the Covered Persons understand and comply with this Code.

 

In some situations it is difficult to determine
if a violation occurred. In order to afford a fair process by which to determine violations of the Code, the Covered Persons should
keep the following in mind:

 

		(a)	make sure that the reporting person has all the facts available
to him or her;

 

		(b)	use judgment and common sense in determining whether an act seems unethical or improper;

 

		(c)	discuss the situation with the supervisor or manager;
and

 

		(d)	if one is unsure of what to do in any situation, he or she should ask for guidance before acting.

 

		4.	Waivers

 

Any waiver of this Code for any director,
executive officer or senior financial officer of the Company may be granted only upon approval by the Board of Directors and disclosed
in accordance with an applicable exchange rules or securities laws. A waiver of this Code for other directors, officers or employees
of the Company may be granted only by the Chairman or the President in writing. For purpose of this Code, a “senior financial
officer” means the Company’s principal financial officer, principal accounting officer, controller, and other persons
performing similar functions.

 

		5.	Sanctions

 

Any Covered Person who is found to have
violated this Code, or knowingly permits a Covered Person under his or her supervision to do so, may be subject to immediate disciplinary
action, including, but not limited to, reassignment, demotion, or, where appropriate, dismissal and legal proceedings to recover
the amount of any improper expenditures and any other losses that the Company may have incurred as a result of such violation.
Violations of this Code may also result in prosecution of the individual under applicable criminal law statutes.

 

		6.	Interpretation

 

All questions regarding
the interpretation, scope, and application of the policies set forth in this Code should be referred to the Chairman or the President,
who will consult with the outside legal counsel for resolution.

 

		7.	Acknowledgment

 

Each Covered Person will be required to
sign an acknowledgment annually certifying that he or she has read, understands and agrees to abide by the policies set forth in
this Code.

 

    	- 23 -

    	 

    

 

16. CODE
OF BUSINESS CONDUCT AND ETHICS

 

17. ACKNOWLEDGMENT

 

By signing below, I
acknowledge and certify that I have received, read, and understand Absolute Life Solutions, Inc.’s Code of Business Conduct
and Ethics (the “Code”).

 

I acknowledge that
my employment relationship with the Company is terminable at will, by the Company or me, at any time, for any reason, with or without
cause.

 

I agree (i) to comply
with the Code and conduct the business of the Company in keeping with the highest ethical standards and (ii) to comply with international,
federal, state and local laws applicable to the Company’s businesses. I understand that failure to comply with the Code will
lead to disciplinary action by the Company, which may include termination of my employment and/or the reduction of compensation
or demotion.

 

(Please Print)

 

	Name	Helen Papagiannis
	 	 
	Business Unit/Location	 
	 	 
	Position Title	Chief Innovation Officer
	 	 
	Signature	/s/ Helen Papagiannis
	 	 
	Date	March 6, 2013

 

Please sign and return entire document
to the President and keep a copy hereof for your own files.Exhibit 10.1

                             MINING OPTION AGREEMENT

THIS AGREEMENT made as of April 15, 2013;

BETWEEN:

     LITHIUM  CORPORATION,  a company incorporated under the laws of Nevada with
     an office address at 11380 S. Virginia St., #2011, Reno, Nevada 89511;

     ("Lithium")

AND:

     THOMAS LEWIS, an individual  having a residential  address at 1958 Newhaven
     Loop, Richland, Washington 99352, USA;

     (the "Optionor").

                                   BACKGROUND

A.   The Optionor is the owner of record and the beneficial  owner of the Claims
     that are included in the Property as described in Schedule A hereto; and

B.   Lithium  desires to acquire the Option to earn 100% of the  interest of the
     Optionor in and to the  Property  and the  Optionor is willing to grant the
     Option to Lithium upon and subject to the terms and conditions  hereinafter
     set forth.

                               TERMS OF AGREEMENT

IN CONSIDERATION of the mutual agreements herein contained and of other good and
valuable consideration (the receipt and sufficiency of which are acknowledged by
each Party), the Parties agree with one another as follows:

1 DEFINITIONS AND INTERPRETATION

1.1 DEFINITIONS:  Whenever used in this Agreement, the following words and terms
will have the respective meanings ascribed to them below:

(a)  "Affiliate"  has  the  meaning  set  out in  the  NEVADA  CORPORATIONS  ACT
     (Nevada).

(b)  "Agreement" means this agreement,  including the recitals and the Schedules
     all as amended, supplemented or restated from time to time.

(c)  "Effective Date" means the date first written above.
<PAGE>
(d)  "Business  Day"  means a day other  than a  Saturday,  Sunday or  statutory
     holiday in Nevada.

(e)  "Claims"  means the claims located in Slocan Valley area of the province of
     British  Columbia  and known as the Mt.  Heimdahl  Property,  as set out in
     Schedule A to this Agreement.

(f)  "Encumbrances"  means  security  interests,   liens,  royalties,   charges,
     mortgages,  pledges  and  encumbrances  of any  nature or kind  whatsoever,
     whether written or oral, or direct or indirect.

(g)  "Environmental  Claims"  mean  any and all  administrative,  regulatory  or
     judicial actions, suits, demands,  claims, liens, notices of non-compliance
     or  violation,  investigations  or  proceedings  rating  in any  way to any
     Environmental  Law or any permit issued under any such  Environmental  Law,
     including, without limitation:

     (i)  any  and  all  claims  by  Government  or  Regulatory   Authority  for
          enforcement, clean-up, removal, response, remedial or other actions or
          damages pursuant to any applicable Environmental Law; and

     (ii) any and all claims by any third party seeking  damages,  contribution,
          indemnification,  cost recovery,  compensation  or injunctive or other
          relief  resulting  from  hazardous  materials,  including  any release
          thereof,  or arising from alleged  injury or threat of injury to human
          health  or  safety  (arising  from   environmental   matters)  or  the
          environment.

(h)  "Environmental Law" means all requirements of the common law, civil code or
     of   environmental,   health  or  safety  statutes,   regulations,   rules,
     ordinances,  policies,  orders, approvals,  notices,  licenses,  permits or
     directives  of any  federal,  territorial,  provincial  or local  judicial,
     regulatory  or  administrative  agency,  board  or  governmental  authority
     including,  but not limited to those relating to (i) noise,  (ii) pollution
     or protection of the air, surface water, ground water or land, (iii) solid,
     gaseous or liquid waste generation,  handling, treatment, storage, disposal
     or transportation,  (iv) exposure to hazardous or toxic substances,  or (v)
     the closure, decommissioning, dismantling or abandonment of any facilities,
     mines or workings and the reclamation or restoration of lands.

(i)  "Exchange" means the OTCBB - "Over The Counter Bulletin Board".

(j)  "Government or Regulatory Authority" means any federal, state,  provincial,
     regional,   municipal  or  other   government,   governmental   department,
     regulatory authority,  commission, board, bureau, agency or instrumentality
     that has lawful  authority to regulate or administer or govern the business
     or  property  or  affairs  of any  person,  and  for the  purposes  of this
     Agreement also includes any corporation or other entity owned or controlled
     by any of the foregoing  and any stock  exchange on which shares of a Party
     are listed for trading.

                                       2
<PAGE>
(k)  "Mining  Operations"  means every kind of work done on or in respect of the
     Property or the products derived  therefrom and includes,  without limiting
     the  generality  of  the  foregoing,   work  of  assessment,   geophysical,
     geochemical  and  geological  surveys,  studies and  mapping,  assaying and
     metallurgical  testing,  investigating,   drilling,  designing,  examining,
     equipping, improving, surveying,  shaft-sinking,  raising, crosscutting and
     drifting, searching for, digging, trucking, sampling, working and procuring
     minerals,  ores and  concentrates,  bringing  any  mining  claims to lease,
     reclamation  and in doing all work usually  considered  to be  prospecting,
     exploration,  development  and mining work; in paying wages and salaries of
     persons engaged in such work and in supplying food, lodging, transportation
     and other  reasonable needs of such persons;  in paying insurance  premiums
     and   assessments   or  premiums  for  workers'   compensation   insurance,
     contributions  for  unemployment  insurance  or  other  pay  allowances  or
     benefits  customarily  paid in the  district  to such  persons;  in  paying
     rentals,  licence  renewal  fees,  taxes  and  other  governmental  charges
     required to keep the Property in good  standing;  in  purchasing or renting
     plant, buildings,  machinery, tools, appliances,  equipment or supplies and
     in  installing,  erecting,  detaching and removing the same or any of them;
     and in the management of any work which may be done on the Property for the
     due carrying out of such prospecting,  exploration,  development and mining
     work.

(l)  "Mining Rights  Contracts" means any instruments or agreements,  whether or
     not reduced to writing,  by whatever  name called under  applicable  law or
     practice and whether obtained from a Government or Regulatory  Authority or
     any other  person,  pursuant to which  rights that are or are  analogous to
     rights to explore for and/or commercially  exploit base and precious metals
     and  other  minerals  are  held,  or  owned,  and  shall  include,  without
     limitation, a "mineral claim", "mineral interest", "mining claim", "grant",
     "concession",  "exclusive permission", "mining contract", "mining licence",
     "exploitation permit",  "right of reconnaissance",  "right or exploration",
     "research permit", "exploration permit", "royalty interest", or otherwise.

(m)  "Operator" means Lithium.

(n)  "Option" has the meaning set out in Section 0 of this Agreement.

(o)  "Option  Period"  means the period  commencing  on the  Effective  Date and
     ending on the earlier of the first  anniversary  of the Effective  Date and
     the date on which the Option is  terminated  or lapses in  accordance  with
     this Agreement.

(p)  "Parties"  means  the  parties  to  this  Agreement  and  their  respective
     successors  and  permitted  assigns which become  parties  pursuant to this
     Agreement and "Party" means any one of the Parties.

(q)  "Permitted Encumbrance" means

                                       3
<PAGE>
     (i)  easements,  rights of way,  servitudes or other similar rights in land
          including, without limiting the generality of the foregoing, rights of
          way  and  servitudes  for  railways,   sewers,  drains,  gas  and  oil
          pipelines,  gas and water mains,  electrical light, power,  telephone,
          telegraph or cable television conduits, poles, wires and cables;

     (ii) the right  reserved  to or vested in any  government  or other  public
          authority  by the  terms  of any or by  any  statutory  provision,  to
          terminate,  revoke or forfeit any of the lease or mining  claims or to
          require  annual  or other  periodic  payments  as a  condition  of the
          continuance thereof;

     (iii)rights  reserved  to or vested in any  municipality  or  governmental,
          statutory  or public  authority  to  control  or  regulate  any of the
          Property in any manner,  and all applicable  laws, rules and orders of
          any governmental authority; and

     (iv) the reservations, limitations, provisos and conditions in any original
          grants  from the  Crown  on the  Property  or  interests  therein  and
          statutory exceptions to title.

(r)  "Property"  means  the  property  subject  to  the  Claims,  including  any
     renewals,  extensions  or  replacements  thereof,  together  with any other
     Mining  Rights  Contracts  held  or  applied  for in  connection  therewith
     together  with all  other  rights  and  mineral  interests  appurtenant  or
     incidental  thereto,  including  where the context  permits or requires all
     information in respect thereto resulting from Mining Operations pursuant to
     this Agreement.

(s)  "Shares"  means the common shares in the capital of Lithium as  constituted
     as at the date  hereof to be issued to the  Optionor  pursuant  to  Section
     ERROR! REFERENCE SOURCE NOT FOUND. hereof.

1.2 HEADINGS.  The division of this Agreement into Sections and the insertion of
headings  are for  convenience  of  reference  only and  shall  not  affect  the
construction or  interpretation  of this Agreement.  The terms "this Agreement",
"hereof", "hereunder" and similar expressions refer to this Agreement and not to
any  particular  Article,  Section  or other  portion  hereof  and  include  any
agreement supplemental hereto. Unless something in the subject matter or context
is  inconsistent  therewith,  references  herein to Articles and Sections are to
Articles and Sections of this Agreement.

1.3 LEGISLATION.  Any reference to a provision in any legislation is a reference
to that  provision as now enacted,  and as amended,  re-enacted or replaced from
time to time, and in the event of such  amendment,  re-enactment  or replacement
any  reference to that  provision  shall be read as  referring to such  amended,
re-enacted or replaced provision.

1.4 EXTENDED  MEANINGS.  In this Agreement  words  importing the singular number
only shall  include the plural and vice versa,  words  importing  the  masculine
gender shall  include the  feminine and neuter  genders and vice versa and words

                                       4
<PAGE>
importing persons shall include individuals, partnerships, associations, trusts,
unincorporated organizations and corporations.

1.5  CURRENCY.  All  references  to currency  herein are to lawful  money of the
United States of America.

1.6 SCHEDULES.  The following are the Schedules  annexed hereto and incorporated
by reference and deemed to be part hereof:

Schedule A - Description of Property and Area of Interest.

2 REPRESENTATIONS AND WARRANTIES

2.1 REPRESENTATIONS AND WARRANTIES OF THE OPTIONOR.  The Optionor represents and
warrants to Lithium that:

(a)  the  Optionor is  resident at the address set forth  beside his name on the
     first page of this Agreement;

(b)  the Optionor has good and  sufficient  power,  authority and right to enter
     into and deliver  this  Agreement  and to option and transfer his legal and
     beneficial  interest  in the  Property  to  Lithium  free and  clear of all
     Encumbrances and rights of others, other than Permitted Encumbrances;

(c)  there is no contract,  option or any other right of another binding upon or
     which at any time in the future may become  binding  upon the  Optionor  to
     option, sell, transfer, assign, pledge, charge, mortgage, explore or in any
     other way option, dispose of or encumber all or part of the Property or any
     portion  thereof or interest  therein other than pursuant to the provisions
     of this Agreement;

(d)  neither  the  entering  into nor the  delivery  of this  Agreement  nor the
     completion  of the  transactions  contemplated  hereby by the Optionor will
     result in the violation of any  agreement or other  instrument to which the
     Optionor is party or by which the Optionor is bound, or any applicable law,
     rule or regulation;

(e)  the Optionor has been  independently  advised as to the restrictions on his
     ability to  transfer  or resell the Shares  and,  in  particular,  that the
     Shares  are  subject  to  a  hold  period  in  accordance  with  applicable
     securities  laws and that the  certificates  representing  the Shares shall
     bear legends denoting such resale restrictions; and

(f)  the Optionor is not party to or bound by any contract or  commitment to pay
     any  royalty,  fee or land  payment  with  respect to the  Property  or any
     portion thereof or interest therein;

(g)  the Optionor is the legal and beneficial owner of 100% of the right,  title
     and working  interest  in and to the  Property as set out in Schedule A and
     except for the Permitted  Encumbrances,  the Property  (including all ores,
     concentrates,  minerals, metals or products in, on or under the Property or
     which may be removed or extricated  therefrom) is free and clear of any and

                                       5
<PAGE>
     all Encumbrances and is not subject to any right,  claim or interest of any
     other person;

(h)  the Property is properly and accurately  described in Schedule A hereto and
     (i) has been duly and properly  staked and recorded in accordance with laws
     in effect in the jurisdiction in which the Property is located; and (ii) is
     in good standing under the laws of the  jurisdiction  in which the Property
     is  located  up to and  including  at least the  expiry  dates set forth in
     Schedule A;

(i)  the  conditions  on and  relating to the Property  respecting  all past and
     current operations  thereon are in compliance with all applicable  federal,
     provincial  and municipal laws  including all  Environmental  Laws, and the
     Optionor has not received from any  Government or Regulatory  Authority any
     notice   of,  or   communication   relating   to,  any  actual  or  alleged
     Environmental  Claims,  and there are no outstanding work orders or actions
     required  to be taken  relating to  environmental  matters  respecting  the
     Property or any operators carried out thereon;

(j)  there are no actions, suits or proceedings pending or threatened against or
     adversely  affecting,  or which could adversely affect, the Property or any
     portion  thereof  or  interest   therein  or  before  or  by  and  federal,
     provincial,   municipal  or  other  governmental  court  or  Government  or
     Regulatory  Authority  whether or not insured,  and which might involve the
     possibility  of any  judgment or  liability  affecting  the Property or any
     portion thereof or interest therein or lien, charge or encumbrance thereon;

(k)  the Optionor shall, during the Option Period:

     (i)  promptly provide Lithium any and all notices and  correspondence  from
          Government or Regulatory Authorities in respect of the Property;

     (ii) co-operate with Lithium in obtaining any permits or licences  required
          by relevant authorities; and

     (iii)not do or permit or suffer to be done any act or thing  which would or
          might in any way adversely affect the rights of Lithium hereunder.

2.2 REPRESENTATIONS  AND WARRANTIES OF LITHIUM.  Lithium represents and warrants
to the Optionor that:

(a)  Lithium is a corporation duly incorporated,  organized and subsisting under
     the laws of Nevada with the corporate  power to own its assets and to carry
     on its business in the jurisdiction in which the Property is located;

(b)  Lithium has all necessary  power and authority to enter into this Agreement
     and any  agreement or  instrument  referred to in or  contemplated  by this
     Agreement  and to do all such acts and things as are  required  to be done,
     observed or performed by it, in accordance with the terms of this Agreement
     and any  agreement or  instrument  referred to in or  contemplated  by this
     Agreement;

                                       6
<PAGE>
(c)  neither  the  entering  into nor the  delivery  of this  Agreement  nor the
     completion of the transactions  contemplated  hereby by Lithium will result
     in the violation of any agreement or other instrument to which Lithium is a
     party  or by  which  Lithium  is  bound,  or any  applicable  law,  rule or
     regulation;

(d)  Lithium is a reporting  issuer,  as such term is defined in the  applicable
     securities  legislation,  in the State of Nevada  and is not in  default of
     filing  financial   statements  required  by  such  applicable   securities
     legislation or paying prescribed fees and charges related thereto; and

(e)  the Shares to be issued and delivered to the Optionor  hereunder  will have
     been  validly  created and  authorized  for issuance and when so issued and
     delivered shall be duly and validly issued as fully paid and non-assessable
     Shares.

2.3  ACKNOWLEDGEMENT  OF THE  OPTIONOR.  As the  issuance  of the  Shares to the
Optionor is being  completed  pursuant to exemptions  from the  requirements  to
provide the  Optionor  with a  prospectus  and to sell the  securities  issuable
pursuant to this Agreement  through a person registered to sell securities under
applicable securities legislation, the Optionor acknowledges that:

(a)  certain protections,  rights and remedies provided by applicable securities
     legislation, including statutory rights of rescission or damages, shall not
     be available  to the Optionor and the Optionor may not receive  information
     that  the  Optionor  would  be  entitled  to  under  applicable  securities
     legislation if no prospectus exemption was available;

(b)  Lithium is relieved of certain  obligations  which  would  otherwise  apply
     under applicable securities legislation;

(c)  various  filings must be completed and  disclosures  made to the securities
     regulatory  authorities having  jurisdiction over the securities of Lithium
     and to the Exchange;

(d)  no securities  commission or similar  regulatory  authority has reviewed or
     passed on the merits of the Shares to be issued herein; and

(e)  there is no government or other insurance  covering the Shares to be issued
     herein.

2.4 RELIANCE AND SURVIVAL. The representations,  warranties and acknowledgements
set out in this  Section 2 have been relied on by the  Parties in entering  into
this Agreement.  All representations and warranties made herein will survive the
delivery of this Agreement to the Parties and the completion of the transactions
contemplated hereby and, notwithstanding such completion,  will continue in full
force and effect for the benefit of the Optionor or Lithium, as the case may be,
indefinitely.

3 GRANT OF OPTION

3.1 GRANT OF OPTION.  Effective as at the Effective  Date,  the Optionor  hereby
grants to Lithium the exclusive  right and option (the "Option") to earn 100% of
the undivided right,  title and interest in and to the Property.  This right may
be exercised in the manner referred to in Section 0 hereof.

                                       7
<PAGE>
3.2 WORKING RIGHT.  During the Option  Period,  Lithium shall have the exclusive
working  right to,  and to permit  any other  person or persons as it may in its
sole  discretion  decide to, enter on and conduct the Mining  Operations  on the
Property as Lithium in its sole discretion may decide.  Lithium shall have quiet
and exclusive  possession during the Option Period with full power and authority
to Lithium,  its servants,  agents,  workers or contractors,  to carry on Mining
Operations in searching for minerals in such manner as Lithium in its discretion
may determine,  including the right to erect,  bring and install on the Property
all buildings,  plant,  machinery,  equipment,  tools, appliances or supplies as
Lithium  shall  deem  necessary  and  proper  and the right to remove  therefrom
reasonable  quantities of rocks, ores and minerals and to transport them for the
purposes of sampling,  metallurgical testing and assaying. Lithium shall conduct
all Mining  Operations in a careful and  miner-like  manner and in compliance in
all material respects with all Acts, regulations,  by-laws, orders and judgments
and all applicable directives,  rules, consents,  permits, orders guidelines and
policies of any Government or Regulatory  Authority with  jurisdiction  over the
Property.

3.3  CONSIDERATION  FOR  OPTION.  In  consideration  of the Option and the other
rights granted  pursuant to Section 0, Lithium hereby commits to spend a minimum
of $15,000 on the property by November 30, 2013,  and to generate an  Assessment
Report that  outlines the work on the property in such format as  prescribed  by
the  Geological  Survey Branch of the  Government of British  Columbia.  Lithium
commits to do all acts,  and to pay all fees  associated  with  maintaining  the
claims in good standing,  and hereby grants the Optionor a 1.5% net  over-riding
royalty on any mineral production from the claims

3.4 ESCROW.  The Optionor  shall,  upon execution of this  Agreement,  execute a
recordable or registrable assignment, bill of sale, deed or other instrument, as
the case may be, transferring the Property to Lithium and/or its assigns,  which
documents  shall be  deposited  with an  escrow  agent or person  designated  by
Lithium and suitable to the Optionor,  together  with a copy of this  Agreement,
such  documents  to be held in escrow until  exercise of the Option  pursuant to
Section 0 hereof or termination of this Agreement  pursuant to Section 0 hereof.
All expenses of the escrow agent shall be paid by Lithium.

3.5  OPTION  ONLY.  Nothing  contained  in  this  Agreement,  Mining  Operations
conducted  or  expenditure  incurred  by  Lithium on or in  connection  with the
Property  or part of it, nor the doing of any act or thing by Lithium  under the
terms of this Agreement  shall  obligate  Lithium to do anything else under this
Agreement other than to fulfill the commitments  referred to in Section 0 to the
extent that it may have  expressly  undertaken to do so pursuant to the terms of
this Agreement,  the  obligations of Lithium  hereunder being simply those of an
optionholder.

3.6 LAPSE OR SURRENDER OF OPTION.  Lithium may let the Option and working  right
granted  in Section 0 lapse by  failing  to comply  with any of its  obligations
referred to in Section 3.3 on or before the dates specified therein.

                                       8
<PAGE>
4 OBLIGATIONS DURING OPTION PERIOD

4.1 COVENANTS OF LITHIUM. During the Option Period, Lithium covenants and agrees
with the Optionor to:

(a)  conduct  all  work  on or with  respect  to the  claims  in a  careful  and
     miner-like manner and in compliance with all applicable federal, provincial
     and local laws and local  laws,  rules,  orders and  regulations,  and will
     indemnify and save the Optionor  harmless  from any and all claims,  suits,
     demands, losses, and expenses including, without limitations,  with respect
     to environmental,  matters, made or brought against him as a result of work
     done or any act or thing  done or  omitted to be done by Lithium on or with
     respect to the claims; and

(b)  keep the Property in good standing by doing and filing,  or payment in lieu
     thereof, all necessary assessment work and maps and payment of all taxes or
     assessments  required to be paid and by doing all other acts and things and
     making all other  payments  required to be made which may be  necessary  in
     that regard.

4.2  ABANDONMENT.  Lithium may at any time,  during the  currency of the Option,
abandon any one or more of the Claims.  In the event that Lithium wishes to drop
any of the  Claims,  it shall give  notice in writing of such  intention  to the
Optionor and, for a period of 14 days  thereafter,  the Optionor  shall have the
right to request that Lithium  transfer any mineral  claims to be dropped to the
name of the Optionor.

4.3 NO  ENCUMBRANCES.  During the Option Period,  the Optionor shall not pledge,
mortgage or charge or otherwise encumber his beneficial interest in the property
or his rights under this Agreement.

4.4  OPERATOR.  Subject to  applicable  federal,  provincial  and local laws and
regulations,  Lithium will be the operator of all exploration activities related
to the  Property  pursuant  to this  Agreement.  The  Operator  will  manage all
exploration  related to the Property  until the exercise or the  termination  of
this Agreement.

4.5 RIGHT TO EXPLORE AND OPERATE. Subject to applicable federal,  provincial and
local  laws,  regulations  and  permits  during  the Option  Period,  Lithium as
Operator shall have  possession of the Property and the exclusive right to enter
upon the Property and to explore and prospect for ores and minerals  thereon and
to engage in exploration activities including:

(a)  building access roads, drill pads and temporary structures upon the surface
     of the Property for use by Lithium and its contractors and their respective
     personnel and equipment;

(b)  carrying out surface and  underground  exploration on the Property for ores
     and minerals  including,  without limitation,  geological,  geochemical and
     geophysical  surveys,  drilling  programs and  collecting  bulk samples for
     metallurgical test-work;

(c)  using any  surface  and  underground  water  rights,  if any, in or upon or
     appurtenant to the Property and make application for any such rights as may
     be required in the  circumstances,  and to use all reciprocal  rights which
     any of the Property may have with respect to other Property in the area;

                                       9
<PAGE>
(d)  applying for and holding all permits,  licenses and other approvals  deemed
     necessary  or  appropriate  by Lithium in  connection  with the  conduct of
     exploration activities; and

(e)  doing all things which are incidental to or useful, desirable or convenient
     in the exercise of rights or in the  performance of obligations  granted to
     Lithium hereunder.

4.6 OPERATOR'S OBLIGATIONS. During the Option Period, Lithium shall have control
of all  exploration  activities on or for the benefit of the Property and of all
equipment supplies,  and other assets purchased or otherwise acquired for use in
connection with such  exploration  activities.  Lithium shall pay or cause to be
paid  the  costs of all  labour  performed  upon or  material  furnished  to the
Property by it or at its request and shall keep the  Property  free and clear of
builders' or other liens in  connection  with  services  performed  and material
supplied  at its  request  that are  registered  against  all or any part of the
Property,  provided that Lithium shall have the right to contest the validity of
any lien,  claim or liability and shall not have to satisfy it while  contesting
the validity.

4.7  INDEMNITY.  The Operator  will  indemnify and save harmless the Optionor in
respect of any and all costs,  claims,  liabilities and expenses  arising out of
the Optionee's  actions as Operator and as a result of negligence on the part of
the Operator.

5 EXERCISE OF OPTION GRANTED IN THE PROPERTY

5.1 EXERCISE OF OPTION.  If, on or before the first anniversary of the Effective
Date,  Lithium has  performed its duties as outlined in Section 3.3 Lithium will
be deemed to have  exercised the Option.  In such event Lithium shall become the
owner of 100% of the right,  title and  interest  of the  Optionor in and to the
Property free and clear of all Encumbrances, other than Permitted Encumbrances.

6 TERMINATION

6.1 TERMINATION FOR CAUSE. Subject to Section 0, the Optionor may terminate this
Agreement and the Option and working right herein shall lapse if:

(a)  Lithium is in default of any term or condition of this Agreement;

(b)  the Optionor gives Lithium written notice specifying the particulars of the
     default; and

(c)  upon  expiration  of 30 days from the date of  receipt  by  Lithium of such
     notice,  Lithium has failed to cure the default or, if such default  cannot
     reasonably  be  cured  within  such  30 day  period,  has  failed  to  make
     commercially reasonable efforts to implement a cure for such default.

6.2  SURRENDER  OF RIGHTS.  Subject to Section 0,  Lithium may give the Optionor
written  notice of its  intention to surrender  all of its rights  hereunder and
upon  expiration  of 30 days from the date of  receipt by the  Optionor  of such
notice, this Agreement shall terminate and working right herein shall lapse.

                                       10
<PAGE>
6.3 OBLIGATIONS ON  TERMINATION.  Notwithstanding  any other  provisions of this
Agreement, in the event of lapse,  termination or surrender of the Option and/or
this Agreement, as the case may be, Lithium shall:

(a)  ensure that any Claims  included in the Property are in good standing for a
     period of at least one year from the lapse, termination or surrender of the
     Option  and/or this  Agreement,  as the case may be, ensure that the Claims
     are free and clear of any and all  Encumbrances,  except for the  Permitted
     Encumbrances and upon request of the Optionor, retransfer any Claims to the
     Optionor in the name of Lithium;

(b)  deliver to the Optionor any and all reports,  maps,  assessment reports and
     maps, samples,  assay results, drill cores and engineering data of any kind
     whatsoever pertaining to the Property or related to Mining Operations which
     have not been previously delivered to the Optionor;

(c)  upon notice from the Optionor,  remove all materials supplies and equipment
     from the  Property and  otherwise  leave the Property in a safe and orderly
     condition;  provided however,  that the Optionor may retain ore and, at the
     cost of Lithium,  dispose of any such materials,  supplies or equipment not
     removed  from the  Property  within 90 days of  receipt  of such  notice by
     Lithium; and

(d)  ensure that the  conditions on and relating to the Property  respecting all
     of Lithium's operations thereon have been in compliance with all applicable
     federal, provincial and municipal laws.

6.4  PROVISIONS  WHICH  OPERATE  FOLLOWING   TERMINATION.   Notwithstanding  any
termination  of this  Agreement  for any reason  whatsoever  and with or without
cause,  the  provisions of Section 0 and any other  provisions of this Agreement
necessary  to give  efficacy  thereto  shall  continue  in full force and effect
following any such termination.

7 FORCE MAJEURE

7.1 FORCE MAJEURE.  Notwithstanding  anything contained in this Agreement to the
contrary, if any party is prevented from or delayed in performing any obligation
under  this  Agreement  and  failure  is  occasioned  by any  cause  beyond  its
reasonable control,  excluding only lack of finances then, subject to Section 0,
the time for the observance of the condition or performance of the obligation in
question shall be extended for a period equivalent to the total period the cause
of the  prevention  or delay  persists  or remains in effect  regardless  of the
length of the total period.

7.2 NOTICE.  Any party  claiming  suspension of its  obligations  shall promptly
notify the other  party to that  effect and shall take all  reasonable  steps to
remove or remedy  the cause and  effect of the force  majeure  described  in the
notice  in so far as it is  reasonably  able so to do and as  soon as  possible;
provided,  that the terms of  settlement of any labour  disturbance  or dispute,
strike  or  lock-out  shall be wholly in the  discretion  of the party  claiming
suspension of its  obligations  by reason  thereof;  and that party shall not be

                                       11
<PAGE>
required to accede to the demands of its opponents in any labour  disturbance or
dispute, strike or lock-out solely to remedy or remove the force majeure thereby
constituted.

7.3  EXTENSION.  The  extension  of time for the  observance  of  conditions  or
performance  of  obligations  as a result of force  majeure  shall  not  relieve
Lithium from its obligations to keep the Property in good standing.

8 NOTICE

8.1 Any demand,  notice or other communication (a "Communication") to be made or
given in connection  with this  Agreement  shall be made or given in writing and
may be made  or  given  by  personal  delivery,  registered  mail  or  facsimile
addressed to the recipient at the addresses or facsimile  numbers of the parties
provided on the first page of this Agreement or such other address or individual
as may be designated by notice by either party to the other.  Any  Communication
made or given by personal  delivery  shall be  conclusively  deemed to have been
given on the day of  actual  delivery  thereof,  if made or given by  registered
mail, on the 4th day,  other than a day which is not a Business  Day,  following
the deposit thereof in the mail, and if made or given by facsimile,  on the day,
other than a day which is not a Business Day, following the day it was confirmed
as received.  If the party giving any Communication knows or ought reasonably to
know of any difficulties  with the postal system which might affect the delivery
of the mail,  any such  Communication  shall not be mailed  but shall be made or
given by personal delivery.

9 REGULATORY APPROVAL

9.1 This Agreement and the transactions  contemplated hereunder shall be subject
to the filing  with and  acceptance  by the  Exchange  and any other  regulatory
authority having jurisdiction over the securities of Lithium. If such acceptance
by the  Exchange is not  obtained  within 60  Business  Days of the date of this
Agreement,  the Optionor may, at his option,  terminate  this  Agreement and the
Option and working rights herein upon written notice to Lithium.

                                       12
<PAGE>
10 AREA OF INTEREST

10.1 Both  during the Option  term and  subsequently,  there shall be an area of
interest (the "Area of Interest")  which will comprise  those lands  included in
the  Property  and  within  two  kilometres  of the  outermost  boundary  of the
Property.  Either the Optionor or Lithium may stake or locate a claim within the
Area of  Interest.  If the  Optionor  stakes or locates  such a claim,  he shall
deliver  notice to Lithium,  and if Lithium  stakes or locates such a claim,  it
shall  deliver  a notice to the  Optionor,  within  30 days of such  staking  or
locating, stating the position of such claim, the reason for staking or locating
such claim and the costs of staking or locating such claim.  The Party receiving
such notice may add such claim to the Property by,  within 31 days of receipt of
such notice,  delivering to the other Party its own notice  indicating that such
claim is to be added to the Property. Lithium shall be responsible for the costs
of staking or locating  such claim.  If a Party fails to deliver such notice and
cheque to the other Party  within  such 31 day  period,  the claim which was the
subject of the  original  notice under this Section 0 shall not form part of the
Property and shall no longer be subject to this Agreement.  Each claim so staked
or located  within the Area of  Interest  will be  independently  subject to the
right of the other  Party to add such claim to the  Property,  even  though more
than one claim may be staked or located  within the Area of Interest at the same
time.

11 PUBLIC ANNOUNCEMENTS

11.1 The  Optionor  shall not,  without the prior  consent of Lithium,  make any
disclosure regarding the existence, purpose, scope, content, terms or conditions
of this Agreement or other  agreements  relating thereto save to the extent such
disclosure  comprises  information  already  publicly  available or unless it is
necessary  for the  Optionor to make such  disclosure  in order to comply with a
statutory  obligation or the requirements of a competent government or statutory
agency; provided that, where practicable, a copy of any proposed announcement or
statement  shall be  furnished  to Lithium in  advance of the  proposed  date of
publication.

12 GENERAL PROVISIONS

12.1 ENTIRE  AGREEMENT.  This  Agreement,  including all the  Schedules  hereto,
together  with the  agreements  and other  documents  to be  delivered  pursuant
hereto,  constitutes the entire  agreement  among the parties  pertaining to the
subject   matter   hereof  and   supersedes   any  and  all  prior   agreements,
understandings,  negotiations and discussions,  whether oral or written,  of the
Parties and there are no warranties,  representations  or other agreements among
the Parties in connection  with the subject matter hereof except as specifically
set forth herein and therein.

12.2 WAIVER.  The failure of a Party in any one or more instances to insist upon
strict  performance  of any of the terms of this  Agreement  or to exercise  any
right or  privilege  arising  under it shall not  preclude it from  requiring by
reasonable  notice that any other party duly perform its obligations or preclude
it from exercising such a right or privilege under reasonable circumstances, nor
shall  waiver in any one  instance of a breach be  construed  as an amendment of
this Agreement or waiver of any later breach.

                                       13
<PAGE>
12.3 ASSIGNMENT.  Either Party shall be permitted to assign this Agreement.  Any
assignment shall be subject to the assignee entering into an agreement,  in form
and substance  satisfactory  to counsel for the other Party, to be bound by this
Agreement.  This Agreement shall enure to the benefit of and be binding upon the
Parties hereto and their respective successors and assigns.

12.4 FURTHER  ASSURANCES.  Each Party shall, from time to time at the request of
the other Party and without further consideration,  execute and deliver all such
other additional  assignments,  transfers,  instruments,  notices,  releases and
other  documents and shall do all such other acts and things as may be necessary
or  desirable  to  assure  more  fully  the  consummation  of  the  transactions
contemplated hereby.

12.5 TIME. Time shall be of the essence of this Agreement.

12.6  AMENDMENT.  This  Agreement  may be amended or varied only by agreement in
writing signed by each of the Parties. Unless the context otherwise so requires,
a reference to this  Agreement  shall  include a reference to this  Agreement as
amended or varied from time to time.

12.7  SEVERABILITY.  If any  provision  of this  Agreement is  determined  to be
invalid   or   unenforceable   in  whole  or  in  part,   such   invalidity   or
unenforceability  shall  attach only to such  provision  or part thereof and the
remaining part of such provision and all other provisions  hereof shall continue
in full force and effect.

12.8  GOVERNING  LAW AND  ATTORNMENT.  This  Agreement  shall be governed by and
interpreted  in accordance  with the laws of the State of Nevada and the federal
laws of the United States applicable  therein and the Parties hereby irrevocably
attorn to the jurisdiction of the Courts of the State of Nevada. For the purpose
of all legal proceedings,  this Agreement shall be deemed to have been performed
in the  State of  Nevada  and the  courts  of the  State of  Nevada  shall  have
exclusive jurisdiction to entertain any action arising under this Agreement.

                THE REMAINDER OF THIS PAGE IS INTENTIONALLY BLANK

                                       14
<PAGE>
12.9  COUNTERPARTS.  This  Agreement may be executed by facsimile and in as many
counterparts as are necessary and shall be binding on each Party when each Party
has  signed and  delivered  one such  counterpart.  When a  counterpart  of this
Agreement  has been  executed by each Party,  all  counterparts  together  shall
constitute one agreement.

IN WITNESS  WHEREOF  this  Agreement  has been duly  executed by the  respective
parties hereto effective as of the date first above written.

LITHIUM CORPORATION

By:
   ---------------------------------------
   (Authorized Signatory)

WITNESSED BY:

---------------------------------------     ------------------------------------
Name                                        THOMAS LEWIS

---------------------------------------
Print Name

---------------------------------------
Address

                                       15
<PAGE>
                                   SCHEDULE A

                  DESCRIPTION OF PROPERTY AND AREA OF INTEREST

The Property is comprised of the following mineral properties and interests:

<TABLE>
<CAPTION>
Tenure                                  Tenure   Tenure                                           Area
Number   Claim Name      Owner          Type    Sub Type   Issue Date    Good To Date   Status    (ha)
------   ----------      -----          ----    --------   ----------    ------------   ------    ----
<C>       <C>            <C>            <C>       <C>      <C>            <C>            <C>      <C>
870969    HEIMDAL1    LEWIS, THOMAS    Mineral   Claim     2011/Jul/27   2014/Sep/26     GOOD     501.63
                      MICHAEL 100%

870991    HEIMDAL2    LEWIS, THOMAS    Mineral   Claim     2011/Jul/27   2014/Sep/26     GOOD     292.59
                      MICHAEL 100%

871010    HEIMDAL3    LEWIS, THOMAS    Mineral   Claim     2011/Jul/27   2014/Sep/26     GOOD     250.79
                      MICHAEL 100%
</TABLE>

The Area of  Interest  includes  the  following  list of claims  comprising  the
Property and a two-kilometre zone surrounding the perimeter of the Property.

                                       16

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