Document:

EX-10.17

 Exhibit 10.17 

May 11, 2022 
 Julie Weingardt 

VIA DOCUSIGN 
 Dear Julie, 

You are currently employed by Turo Inc. (the “Company”) under the terms of an offer letter dated January 2, 2019 (the “Original Offer
Letter”). This amended offer letter sets forth the existing terms and conditions of your employment, and supersedes and replaces in entirety the terms of the Original Offer Letter, with such terms to be effective as of immediately prior to the
time when the Company’s registration statement relating to the initial public offering of its common stock becomes effective. 
  

	 	1.	 POSITION. You are serving in a full-time capacity as Chief Operations Officer, reporting to the Chief Executive
Officer, working at our facility located in Phoenix. Subject to the other provisions of this letter agreement, we may change your position, duties, and work location from time to time at our discretion. 

 

	 	2.	 EMPLOYEE BENEFITS. As a regular employee of the Company, you are eligible to participate in the Company’s
standard benefits, subject to the terms and conditions of such plans and programs. Subject to the other provisions of this letter agreement, we may change compensation and benefits from time to time at our discretion. 

 

	 	3.	 SALARY. Your annual base salary is $290,000.00, payable in semi-monthly installments in accordance with the
Company’s standard payroll practices for salaried employees. This salary will be subject to adjustment pursuant to the Company’s employee compensation policies in effect from time to time. 

 

	 	4.	 ANNUAL BONUS. You are eligible for incentive bonus compensation with a target bonus equal to 50% of your annual
base salary. Whether you receive a bonus, and the amount of any such bonus, will be determined by the Board in its sole discretion, and will be based upon achievement of performance objectives to be determined by the Company, as well as such other
criteria as determined by the Company. Any annual bonus shall be paid within 30 days after the Company’s determination that a bonus shall be awarded and in any event shall be paid by March 15 for the immediately preceding year, subject to
your continued employment through such payment date. 

  

	 	5.	 EQUITY. You have been granted various equity interests in the Company. Those equity interests shall continue to
be governed in all respects by the terms of the applicable equity agreements, grant notices, and equity plans. 

  

	 	6.	 PROPRIETARY INFORMATION AND INVENTIONS AGREEMENT. You remain subject to the terms of the Employee Invention
Assignment and Confidentiality Agreement that you previously executed. 

  

	 	7.	 PERIOD OF EMPLOYMENT. Your employment with the Company remains “at will,” meaning that either you or
the Company may terminate your employment at any time and for any reason, with or without cause. This remains the full and complete agreement between you and the Company on this term. Although your job duties, title, compensation and benefits, as
well as the Company’s personnel policies and procedures, may change from time to time, the “at will” nature of your employment may only be changed in an express written agreement signed by you and a duly authorized officer of the
Company. 

	 	8.	 SEVERANCE. You will be eligible for severance benefits under the terms and conditions of the Turo Inc.
Severance and Change in Control Plan. 

  

	 	9.	 AMENDMENT. This letter agreement (except for terms reserved to the Company’s discretion) may not be
amended or modified except by an express written agreement signed by you and a duly authorized officer of the Company. 

  

	 	10.	 ARBITRATION. To ensure the rapid and economical resolution of disputes that may arise in connection with your
employment with the Company, you and the Company agree that any and all disputes, claims, or causes of action, in law or equity, including but not limited to statutory claims, arising from or relating to the enforcement, breach, performance, or
interpretation of this agreement, your employment with the Company, or the termination of your employment, shall be resolved pursuant to the Federal Arbitration Act, 9 U.S.C. § 1-16, to the fullest extent
permitted by law, by final, binding and confidential arbitration conducted by JAMS or its successor, under JAMS’ then applicable rules and procedures for employment disputes before a single arbitrator (available upon request and also currently
available at http://www.jamsadr.com/rules-employment-arbitration/). You acknowledge that by agreeing to this arbitration procedure, both you and the Company waive the right to resolve any such dispute through a trial by jury or judge or
administrative proceeding. In addition, all claims, disputes, or causes of action under this section, whether by you or the Company, must be brought in an individual capacity, and shall not be brought as a plaintiff (or claimant) or class member
in any purported class or representative proceeding, nor joined or consolidated with the claims of any other person or entity. The arbitrator may not consolidate the claims of more than one person or entity, and may not preside over any form of
representative or class proceeding. To the extent that the preceding sentences regarding class claims or proceedings are found to violate applicable law or are otherwise found unenforceable, any claim(s) alleged or brought on behalf of a class shall
proceed in a court of law rather than by arbitration. This paragraph shall not apply to any action or claim that cannot be subject to mandatory arbitration as a matter of law, including, without limitation, claims brought pursuant to the California
Private Attorneys General Act of 2004, as amended, the California Fair Employment and Housing Act, as amended, and the California Labor Code, as amended, to the extent such claims are not permitted by applicable law(s) to be submitted to mandatory
arbitration and the applicable law(s) are not preempted by the Federal Arbitration Act or otherwise invalid (collectively, the “Excluded Claims”). In the event you intend to bring multiple claims, including one of the Excluded Claims
listed above, the Excluded Claims may be filed with a court, while any other claims will remain subject to mandatory arbitration. You will have the right to be represented by legal counsel at any arbitration proceeding. Questions of whether a claim
is subject to arbitration under this agreement shall be decided by the arbitrator. Likewise, procedural questions which grow out of the dispute and bear on the final disposition are also matters for the arbitrator. The arbitrator shall:
(a) have the authority to compel adequate discovery for the resolution of the dispute and to award such relief as would otherwise be permitted by law; and (b) issue a written statement signed by the arbitrator regarding the disposition of
each claim and the relief, if any, awarded as to each claim, the reasons for the award, and the arbitrator’s essential findings and conclusions on which the award is based. The arbitrator shall be

	 	
authorized to award all relief that you or the Company would be entitled to seek in a court of law. The Company shall pay all JAMS arbitration fees in excess of the administrative fees that you
would be required to pay if the dispute were decided in a court of law. Nothing in this letter agreement is intended to prevent either you or the Company from obtaining injunctive relief in court to prevent irreparable harm pending the conclusion of
any such arbitration. Any awards or orders in such arbitrations may be entered and enforced as judgments in the federal and state courts of any competent jurisdiction. 

* * * 
 This letter, together with your
Proprietary Information and Inventions Agreement, equity agreements, and other agreements referenced herein), forms the complete and exclusive statement of your employment agreement with the Company and supersedes any other agreements or promises
made to you by anyone, whether oral or written, with respect to the subject matter hereof. If any provision of this offer letter agreement is determined to be invalid or unenforceable, in whole or in part, this determination shall not affect any
other provision of this offer letter agreement and the provision in question shall be modified so as to be rendered enforceable in a manner consistent with the intent of the parties insofar as possible under applicable law. This letter may be
delivered and executed via facsimile, electronic mail (including pdf or any electronic signature complying with the U.S. federal ESIGN Act of 2000, Uniform Electronic Transactions Act or other applicable law) or other transmission method and shall
be deemed to have been duly and validly delivered and executed and be valid and effective for all purposes. 
 Please sign and date this letter below to
indicate your agreement with its terms. 
  

			
	Sincerely,	  	ACCEPTED AND AGREED TO:
		
	 /s/ Andre Haddad
	  	 /s/ Julie Weingardt

	Signature of Andre Haddad	  	 Signature of Julie Weingardt

	Chief Executive Officer	  	
		
	 Dated: May 18, 2022
	  	 Dated: May 18, 2022Exhibit 10.1

 

TERMINATION AGREEMENT

 

THIS TERMINATION AGREEMENT
(this “Agreement”), binding and effective as of the 17th day of May 2022, is made and entered
into by and among Yuengling’s Ice Cream Corporation, a Nevada corporation (“Buyer”), and Revolution Desserts,
LLC, a New Hampshire limited liability company (the “Company”).

 

WHEREAS, reference is made
to that certain Membership Interest Purchase Agreement, by and among the parties and the Selling Members dated April 30, 2022
(the “Purchase Agreement”) (capitalized terms not otherwise defined herein shall have the meanings ascribed to them
in the Purchase Agreement);

 

WHEREAS, pursuant to Section
10.1(e) of the Purchase Agreement, the parties wish to terminate the Purchase Agreement;

 

NOW, THEREFORE, in consideration
of the mutual promises, covenants and agreements set forth in this Agreement, and other good and valuable consideration, the receipt and
sufficiency of which the parties acknowledge, and intending to be legally bound, it is agreed as follows:

 

1.                 
As of the date first set forth above, pursuant to Section 10.1(e) of the Purchase Agreement, the parties agree to terminate the
Purchase Agreement, and as such, as of the date hereof the Purchase Agreement shall be null, void and of no effect.

 

2.                 
Each Person executing this Agreement represents and warrants that he has the power, right, and authority to bind that party to
this Agreement, that he has the power, right, and authority to terminate on behalf of that party the Purchase Agreement, that no assignment
of the Purchase Agreement has been or will be made, and that no other person must approve or otherwise authorize this Agreement for it
to be binding on behalf of the party.

 

3.                 
Each party acknowledges that it has read this Agreement carefully, that the party has consulted with legal counsel regarding the
terms and provisions of this Agreement (or have had the opportunity to consult with legal counsel and chosen not to do so), and that the
party has relied solely upon their own judgment without the influence of anyone in entering into this Agreement. Each party further acknowledges
that the party understands the significance of this Agreement and represents that the terms of this Agreement are fully understood and
voluntarily accepted by each party.

 

4.                 
In the event any provision of this Agreement is deemed to be invalid or unenforceable by any court or administrative agency of
competent jurisdiction, and in the event that any provision cannot be modified so as to be valid and enforceable, then that provision
shall be deemed severed from the Agreement, and the remainder of the Agreement shall remain in full force and effect.

 

5.                 
This Agreement in all respects shall be interpreted under the laws of the Commonwealth or Pennsylvania. The parties hereto have
participated jointly in the negotiation and drafting of this Agreement. If an ambiguity or question of intent or interpretation arises,
this Agreement will be construed as if drafted jointly by the parties hereto, and no presumption or burden of proof will arise favoring
or disfavoring any party by virtue of the authorship of any of the provisions of this Agreement.

 

6.                 
This Agreement embodies the complete agreement and understanding among the parties hereto with respect to the subject matter hereof
and supersedes and preempts any prior understandings, agreements or representations by or among the parties, written or oral, which may
have related to the subject matter hereof in any way. This Agreement may only be waived, modified or amended by written agreement signed
by all parties.

 

7.                 
This Agreement may be executed in one or more counterparts, including by email in portable document format, each of which shall
constitute an original and collectively shall constitute one and the same document, and execution in such manner shall in no way affect
or alter the validity of this Agreement or the rights and responsibilities of the parties hereto.

 

 

[REMAINDER OF PAGE INTENTIONALLY
LEFT BLANK. SIGNATURE PAGE FOLLOWS.]

 

 

 

    	 	 	 

     

    

 

	 	IN WITNESS WHEREOF, this Agreement has been duly
executed by the Parties as of the date first above written.
	 	BUYER:	 
	 	 	 
	 	YUENGLING’S ICE CREAM CORPORATION	 
	 	 	 	 
	 	 	 	 
	 	By:	/s/ Robert C. Bohorad	 
	 	 	 	 	 
	 	Name:	Robert C. Bohorad	 
	 	 	 	 	 
	 	Title:	 President & CEO	 

 

 

 

	 	COMPANY:	 
	 	 	 
	 	REVOLUTION DESSERTS, LLC	 
	 	 	 	 
	 	 	 	 
	 	Signature:	/s/ Robert Carlson	 
	 	 	 	 	 
	 	Name:	 	Robert Carlson	 
	 	 	 	 	 
	 	Title:	 	 Majority Shareholder	 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[SIGNATURE PAGE TO YICC / REVOLUTION TERMINATION
AGREEMENT]

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