Document:

Exhibit
10.1

 

CONSULTING AGREEMENT

 

 

This Consulting Agreement (the “Agreement”) dated
this 1st day of June , 2022 between DarkPulse, Inc., a Delaware corporation doing business as DarkPulse, Inc. (the “Company”)
and Dr. Ehab M. Eldemeri (the “Consultant”).

 

BACKGROUND:

 

		A.	The Company is of the opinion that the Consultant has the necessary qualifications, experience and abilities
to provide services to the Company.
		B.	Consultant agrees to provide such services to the Company on the terms and conditions set out in this agreement.

 

IN CONSIDERATION OF the foregoing recitals and of the
following covenants the Company and the Consultant (individually the “Party” and collectively the “Parties”) hereby
agree:

 

Services Provided

 

		1.	Company agrees to engage Consultant to act as Company’s Director Africa & GCC Countries
and provide the Company with services (“the Services”) befitting a Director.

 

Term of Agreement

 

		2.	This Agreement is effective as of June 1, 2022, and will continue unless terminated, or otherwise modified
by the Parties.

 

Termination

 

		3.	Either Party may terminate this Agreement immediately in its sole and absolute discretion. Consultant
will be entitled to payment for all Services satisfactorily performed to date of termination. Company will be entitled to receive all
Work Product completed or in progress as of the date of termination or cancellation. Company will have no other liability arising out
of termination.

 

Compensation

 

		4.	For the Service Provided Consultant will be compensated in US dollars as follows:
			a.        A monthly fee of $10,000.00 usd
			b.        DPLS Option Shares when available (amount at discretion of CEO, Dennis O’Leary).

 

Expenses

 

		2.	Consultant will only be reimbursed for reasonable expenses pre-approved by the Company in writing.

 

Confidentiality

 

		3.	Confidential information (the “Confidential Information”) refers to any data or information
relating to the business of the Company which would reasonably be considered to be proprietary to the Company, that is not generally known
in the industry of the Company, and the release of which could reasonably be expected to cause harm to the Company.
	 	 	 
		4.	Consultant agrees that they will not disclose, divulge, reveal, report, or use for any purpose any Confidential
Information which the Consultant has obtained, except as authorized by the Company. This obligation will survive indefinitely upon termination
of this agreement.

 

 

 

 

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Non-Competition

 

		5.	Other than with the express written consent of Company, which will not be unreasonably withheld, Consultant
will not during the continuance of this agreement or within 1 year after termination be directly or indirectly involved with a business
which is in direct competition with the Company, or divert or attempt to divert any business from the Company

 

Non-Solicitation

 

		6.	Consultant agrees that during the term of this agreement and for a period of 1 year after termination
Consultant will not in any way directly or indirectly interfere with or disrupt the Company’s relationship with its employees
or service providers.

 

Ownership or Materials and Intellectual Property

 

		7.	All intellectual property and related materials (the “IP”) including any related work in
progress that is developed or produced under this agreement will be the sole property of the Company and its use will not be restricted
in any manner.

 

Independent Contractor

 

		8.	It is expressly agreed that Consultant is acting as an independent contractor and not as an employee.

 

Notices

 

		9.	All notices and other communications shall be given in writing and delivered to the Parties as follows:

 

	To Company:	
    DarkPulse, Inc.

    1345 Avenue of the Americas

    2nd Floor

    New York, NY 10105 doleary@DarkPulse.com 1.800.436.1436

	To Consultant:	ehab.eldemerieemw@gmail.com

 

Indemnification

 

		10.	Each party agrees to indemnify, defend and hold harmless the other Party against all claims, losses,
liabilities and demands either Party may suffer arising out of: any breach of the terms of this Agreement; the performance of the Services;
and any acts or omissions of either Party hereunder.

 

Modification

 

		11.	Any amendment or modification or additional obligation assumed by either party in connection with this
Agreement will only be binding if evidenced in writing signed by each Party or its authorized representative.

 

Assignment

 

		12.	No rights or interests in the Agreement will be assigned by Consultant (including the hiring of subcontractors
to perform any part of Services) without the prior written consent of Company.

 

Entire Agreement

 

		13.	It is agreed that there is no representation, warranty, collateral agreement or condition affecting
this agreement except as expressly provided in this agreement

 

 

 

 

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Severability

 

		14.	In the event that any party, article, section, paragraph, or clause of this Agreement shall be held
to be indefinite, invalid, or otherwise unenforceable, the entire Agreement shall not fail on account thereof, and the balance of the
Agreement shall continue in full force and effect.

 

Waiver

 

		15.	No waiver of any provision of this Agreement or any right or obligation of a party
will be effective unless in writing, signed by the parties. The failure of either party to enforce a right will not constitute a waiver.

 

Governing Law

 

		16.	This Agreement shall be governed by and construed and enforced in accordance with the laws of the State
of New York without regard to the choice of law rules therein, and
each of the parties hereby consent to exclusive personal jurisdiction in the state and federal courts of New York

 

IN WITNESS WHEREOF the parties, intending to be legally
bound, have caused this Agreement to be executed on the dates set forth below.

 

 

 

	
    DarkPulse, Inc.

     

     

    __________________________

    By: Dennis O’Leary

    Its: Chief Executive Officer

     

    

    Date: 6/1/2022                                
	
    Dr. Ehab M. Eldemeri.

     

    

    

    

    

    ___________________________

     

     

     

     

    Date: 6/1/2022                                     

 

 

 

 

 

 

    	 	3Exhibit 10.2

 

EMPLOYMENT AGREEMENT

 

This
EMPLOYMENT AGREEMENT (the “Agreement”) is by and between DarkPulse, Inc., a Delaware corporation
(the “Company”), and Dennis O’Leary, a resident of Arizona (the “Employee”).

 

RECITALS:

 

WHEREAS, in April 2018,
the Employee was appointed as Chief Executive Officer of the Company;

 

WHEREAS, since the
Employee’s appointment, the Employment has spent significant time and resources in service of the Company; and

 

WHEREAS, the Company
desires to enter into the Agreement with the Employee to memorialize the terms of the Employee’s employment with the Company;

 

NOW THEREFORE, in consideration
of the mutual covenants and promises contained herein, and other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged by the parties hereto, the Company agrees to employ the Employee, and the Employee agrees to perform services
for the Company as an employee, upon the terms and conditions set forth herein.

 

		1.	TERM; AUTOMATIC RENEWALS.

 

The initial term of this Agreement
shall commence on April 1, 2022 (the “Effective Date”) and shall be for a period of three (3) years from the Effective
Date (the “Initial Term”), unless it is terminated earlier as provided herein. Beginning on the expiration of the Initial
Term, and on each anniversary thereafter, unless it is terminated earlier as provided herein or unless the Company delivers written notice
to the Employee of its intention not to extend the Agreement at least sixty (60) days before the expiration of the Initial Term or any
anniversary date thereafter, the term of this Agreement will automatically be extended for unlimited additional one-year terms (the Initial
Term and any extension or extensions are referred to herein as the “Employment Term”). The terms of this Agreement
shall be binding upon the parties hereto from the Effective Date throughout the Employment Term. Any
provision of this Agreement which imposes an obligation after termination or expiration of this Agreement shall survive the termination
or expiration of this Agreement, including, but not limited to Section 7 (“Confidential Information”),
Section 8 (“Intellectual Property”), Section 9 (“Post-Employment Obligations”), Section 10 (“Arbitration”),
and Section 11 (“General Provisions”).

 

		2.	TITLE AND DUTIES.

 

The Employee shall be employed
as Chief Executive Officer of the Company. The Employee shall be responsible to the Board of Directors as well as any other duties as
may be assigned to him from time to time, including, but not limited to, service for any of the Company’s subsidiaries, partnership,
limited liability company, joint venture, trust or other enterprise or entity controlled by the Company. The position of Chief Executive
Officer is an executive position and the Employee shall have the power and authority to bind the Company.

 

 

 

 

 

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		3.	LOCATION.

 

The Employee’s place
of employment shall be determined initially by the Employee, or at such other location as mutually agreed between the Company and the
Employee.

 

		4.	EXTENT OF SERVICES.

 

a.                  Duty to Perform Services.

 

The parties have set forth the
Employee’s duties in Schedule A hereto (the “Services”). The Employee agrees to devote his best
efforts, energies and skill to the discharge of the duties and responsibilities attributable to his position. The Employee agrees not
to engage in any material business activities during the term of this Agreement except those that are for the benefit of the Company and
its subsidiaries, and to devote not less than his full business time, attention, skill, and effort to the performance of his duties under
this Agreement for the Company and any entity controlled by the Company now or during the term of this Agreement. The Employee is required
to be available, during normal business hours to perform the Services. Notwithstanding the foregoing, the Employee may engage in charitable,
professional, and civic activities that do not impair the performance of his duties to the Company, as the same may be changed from time
to time. Nothing contained herein shall prevent the Employee from managing his own personal investments and affairs, including, but not
limited to, investing his assets in the securities of publicly traded companies; provided, however, that the Employee’s activities
do not constitute a conflict of interest, violate securities laws, or otherwise interfere with the performance of his duties and responsibilities,
as described herein. The Employee agrees to adhere to the Company’s published policies and procedures, or code of conduct, as each
is adopted from time to time, affecting directors, officers, employees, and agents and shall use his best efforts to promote the Company’s
interest, reputation, business, and welfare.

 

b.                  Corporate Opportunities.

 

The Employee agrees that he
will not take personal advantage of any the Company business opportunities that arise during his employment with the Company and that
might be of benefit to the Company.

 

c.                  Non-Disparagement.

 

The Employee and the Company
agree that, during the Employment Term and for one (1) year thereafter, neither shall, in any communications with the press or other media
or any customer, client or supplier of the Company, or any of Company’s affiliates, criticize, ridicule or make any statement which
disparages or is derogatory of the other party or their affiliates or any of their respective senior officials. Each party knowingly and
voluntarily agrees to this restriction and that the aggrieved party may strictly enforce this provision by specific performance.

 

d.                  Representations and Warranties.

 

The Employee hereby represents
and warrants to the Company that (i) the execution, delivery and performance of this Agreement by the Employee does not and will not conflict
with, or result in breach or default under, or require the consent of, any other party under any agreement to which the Employee is a
party; (ii) the Employee has the legal capacity and unrestricted right to execute and deliver this Agreement and to perform all of his
obligations hereunder; and (iii) the Employee is not a party to any instrument, agreement, document, arrangement or other understanding
with any person (other than the Company) requiring or restricting the use or disclosure of any confidential information or the provision
of any employment, consulting or other services.

 

 

 

 

 

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		5.	COMPENSATION AND BENEFITS.

 

a.                  Base Salary.

 

During the Employment Term,
the Employee’s annual base salary shall be Three Hundred Thousand Dollars ($300,000) per year (the “Base Salary”).
The Base Salary shall be payable in equal installments in accordance with standard payroll practices. In the event the Company is reasonably
unable to pay the Base Salary for any pay period, that compensation owed will accrue and be paid by the Company as soon as funds are reasonably
available. Any accrued and unpaid Base Salary is also convertible into equity securities of the Company at terms agreeable to the Company
and the Employee.

 

b.                 
Equity Compensation.

 

As an incentive to enter into
the Agreement, the Company shall:

 

(i)       the
award of one hundred (100) shares of Series A Super Voting Preferred Stock, which shall be issued and fully-vested as of the filing of
the Certificate of Designation with the Delaware Secretary of State.

 

c.                  Other Benefits.

 

During the Employment Term,
the Employee will be entitled to participate in any employee benefit plans hereafter maintained by the Company of general applicability
to other senior management of the Company, including, without limitation, the Company’s group dental, vision, disability, life insurance,
flexible-spending account, 401(k) and other plans (if any); provided, however, that the failure of the Company to establish, provide or
continue such benefits shall not give rise to any claim against the Company. The amount, if any, and timing of such benefits, shall be
determined by the Company in its sole discretion.

 

d.                 
Withholding Taxes.

 

The Company may make any appropriate
arrangements to deduct from all benefits provided hereunder any taxes reasonably determined to be required to be withheld by any government
or government agency. The Employee shall bear all taxes on benefits provided hereunder to the extent that no taxes are withheld, irrespective
of whether withholding is required.

 

e.                  Vacation and Sick Leave.

 

Employee will be entitled
to paid vacation of fifteen (15) days per year (adjusted pro rata for any partial year), with the timing and duration of specific vacations
mutually and reasonably agreed to by the parties hereto. Any unused vacation days shall be rolled
over to the next year. Upon the termination or expiration of the Employee’s employment by Company under this Agreement, the Employee
shall not be entitled to compensation for any accrued but unused vacation or sick leave. The Employee will also be entitled to paid sick
leave of five (5) days per year (adjusted pro rata for any partial year), with any
unused sick leave being forfeited at the end of each year if not fully utilized in that year.

 

f.                   Reimbursement of Business Expenses.

 

The Company shall promptly reimburse
the Employee for all items designated above in this Section 5 and for all reasonable travel, entertainment and other expenses incurred
or paid by the Employee in connection with, or related to, the performance of his duties, responsibilities or services under this Agreement,
upon presentation by the Employee of such supporting information and documentation as the Company may reasonably request in accordance
with company policy and the requirements of the Internal Revenue Code.

 

 

 

 

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		6	TERMINATION OF EMPLOYMENT.

 

a.                  Termination Due to Death.

 

The Employee’s employment
and this Agreement shall terminate immediately upon his death. If the Employee’s employment is terminated due to his death, his
estate or his beneficiaries, as the case may be, shall be entitled to:

 

(i)       payment
of any unpaid portion of his Base Salary through the date of such termination;

 

(ii)      reimbursement
for any outstanding reasonable business expenses he incurred in performing his duties hereunder;

 

(iii)     any
pension survivor benefits that may become due pursuant to any employee benefit plan or program of the Company; and

 

(iv)    payment
of any accrued but unpaid benefits, and any other rights, as required by the terms of any employee benefit plan or program of the Company,
this Agreement, or any other agreement between the Company and the Employee.

 

b.                  Termination Due to Disability.

 

If, during the Employment Term,
in the opinion of the Company, the Employee, because of physical or mental illness or incapacity, shall become unable to perform substantially
all of the duties and services required of him under this Agreement for a period of sixty (60) days in the aggregate during any twelve-month
period, the Company may, upon at least ten (10) days’ prior written notice given at any time after the expiration of such sixty
(60)-day period, notify the Employee of its intention to terminate this Agreement as of the date set forth in the notice. If the Employee’s
employment is terminated due to his disability, he shall be entitled to:

 

(i)       payment
of any unpaid portion of his Base Salary through the date of such termination;

 

(ii)       reimbursement
for any outstanding reasonable business expenses he has incurred in performing his duties hereunder;

 

(iii)     the
right to elect continuation coverage of insurance benefits to the extent required by law; and

 

(iv)     payment
of any accrued but unpaid benefits, and any other rights, as required by the terms of any employee benefit plan or program of the Company,
this Agreement, or any other agreement between the Company and the Employee.

 

c.                  
Termination for Cause.

 

The Company may terminate the
Employee’s employment at any time for Cause, provided that it gives written notice of termination to the Employee as set forth below.
If the Employee’s employment is terminated for Cause, as defined below, he shall be entitled to:

 

(i)       payment
of any unpaid portion of his Base Salary through the date of such termination;

 

(ii)       reimbursement
for any outstanding reasonable business expenses he incurred in performing his duties hereunder through the date of such termination;

 

(iii)     the
right to elect continuation coverage of insurance benefits to the extent required by law; and

 

(iv)       payment
of any accrued but unpaid benefits and any other rights through the date of termination, excluding any severance package benefits, as
required by the terms of any employee benefit plan or program of the Company, this Agreement, or any other agreement between the Company
and the Employee.

 

 

 

 

 

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For purposes of this Agreement,
a termination for “Cause” shall mean: (i) the final conviction of the Employee of, or the Employee’s
plea of guilty or nolo contendere to, any felony or a crime involving dishonesty, fraud, or moral turpitude; (ii) the indictment
of the Employee for any felony or a crime involving dishonesty, fraud, or moral turpitude which, in the reasonable good-faith judgment
of the Company, has materially damaged, or could materially damage, the reputation of the Company or would materially interfere with the
performance of services by the Employee; (iii) the willful commission of fraud, nonincidental misappropriation, embezzlement, or other
dishonest act by the Employee against the Company; (iv) the Employee’s use of illegal drugs or alcohol on the Company’s premises,
the Employee’s use of illegal drugs or alcohol having an adverse effect on the performance of the Employee’s duties hereunder,
or Employee’s use of illegal drugs or alcohol which, in the reasonable good-faith judgment of the Company, has materially damaged,
or could materially damage, the reputation of the Company; (v) the Employee’s willful failure, gross negligence, or gross misconduct
in the performance of his duties to the Company; (vi) the Employee’s gross malfeasance in the performance of his duties hereunder;
(vii) the Employee’s nonfeasance in the performance of his duties hereunder not cured within ten business days after notice of such
nonfeasance; (viii) the Employee’s failure to follow a written order which is both legal and reasonable; (ix) disloyalty by the
Employee, including, without limitation, aiding a competitor; or (x) the Employee’s breach of this Agreement or Company’s
published policies, rules, or procedures not cured within ten business days after notice of such breach.

 

If the Company exercises its
right to terminate the Employee for Cause, the Company shall: (1) give the Employee written notice of termination at least ten (10) business
days before the date of such termination specifying in detail the conduct constituting such Cause, and (2) deliver to the Employee a copy
of a resolution duly adopted by the Company, after reasonable notice to the Employee and an opportunity for the Employee to be heard by
the Company, finding that the Employee has engaged in such conduct.

 

d.                  Termination Without Cause or Constructive Termination Without Cause.

 

The Company may terminate the
Employee’s employment at any time without Cause, provided that it gives written notice of termination at least sixty (60) days before
the date of such termination. If the Employee’s employment is terminated without Cause, or if there is a constructive termination
without Cause, as defined below, the Employee shall be entitled to receive from the Company the following:

 

(i)       payment
of the Base Salary at the time of termination for the balance of the unexpired Employment Term;

 

(ii)       reimbursement
for any outstanding reasonable business expenses he incurred in performing his duties hereunder;

 

(iii)       the
right to elect continuation coverage of insurance benefits to the extent required by law;

 

(v)       payment
of any accrued but unpaid benefits, and any other rights, as required by the terms of any employee benefit plan or program of the Company,
this Agreement, or any other agreement between the Company and the Employee; and

 

(vi)       payment
of amounts equal to any premiums for health insurance continuation coverage under any the Company health plans that is elected by the
Employee or his beneficiaries pursuant to Section 4980B of the Internal Revenue Code, at a time or times mutually agreed to by the parties,
but only so long as the Employee is not eligible for coverage under a health plan of another Company (whether or not he elects to receive
coverage under that plan).

 

For purposes of this Agreement,
constructive termination without Cause shall mean a termination of the Employee at his own initiative following the occurrence, without
the Employee’s prior written consent, of one or more of the following events not on account of Cause:

 

		(1)	a material reduction in the Employee’s then current Base Salary;

 

		(2)	a material diminution in the Employee’s authority, duties, or responsibilities;

 

		(3)	a material diminution in the budget over which the Employee retains authority;

 

		(4)	a material change by the Company in the geographic location at which the Employee must perform the services
hereunder; or

 

		(5)	Any other action or inaction which constitutes a material breach by the Company of this Agreement.

 

In the event the Employee is
terminated without Cause or there is a constructive termination without Cause, the Employee shall provide the Company with written notice
within ninety (90) days of the event and the Company shall have thirty (30) days to cure the default.

 

 

 

 

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e.                  Voluntary Termination.

 

If the Employee voluntarily
terminates his employment on his own initiative for reasons other than his death, disability, or constructive termination without Cause,
he shall be entitled to:

 

(i)       payment
of any unpaid portion of his Base Salary through the effective date of such termination;

 

(ii)       reimbursement
for any outstanding reasonable business expenses he has incurred in performing his duties hereunder;

 

(iii)       the
right to elect continuation coverage of insurance benefits to the extent required by law; and

 

(iv)       payment
of any accrued but unpaid benefits, and any other rights, as required by the terms of any employee benefit plan or program of the Company,
this Agreement, or any other agreement between the Company and the Employee.

 

A voluntary termination under
this paragraph shall be effective upon thirty (30) days’ prior written notice to the Company unless the parties mutually agree to
extend the effective date.

 

		7.	CONFIDENTIAL Information.

 

a.                  Confidentiality. The Employee acknowledges that during his Employment Term, Employee will have access to certain proprietary
and confidential information of the Company, any of the Company’s subsidiaries, and its clients. As a consequence, during the Employment
Term and thereafter, Employee shall hold in strictest confidence, and shall not use, except for the benefit of the Company, or disclose
to any person, firm or corporation without written authorization of the Company, any Confidential Information of the Company, its parent
or any subsidiary, except under a non-disclosure agreement duly authorized and executed by the Company. For purposes of this Agreement,
“Confidential Information” means any non-public information that relates to the actual or anticipated business or research
and development of the Company, 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, software, developments,
inventions, processes, formulas, technology, designs, drawings, engineering, hardware configuration information, marketing, finances or
other business information; provided that Confidential Information does not include any of the foregoing items which have become
publicly known and made generally available through no wrongful act of Employee or of others who were under confidentiality obligations
as to the item or items involved or improvements or new versions thereof. In order to further protect Confidential Information, before
leaving employ of the Company, the Employee agrees to participate in an exit interview with Company management to confirm post-employment
obligations under this Agreement.

 

b.                  Former Company Information. During the Employment Term, the Employee shall not improperly use or disclose any proprietary information
or trade secrets of any former or concurrent Company or other person or entity and shall not bring onto the premises of the Company any
unpublished document or proprietary information belonging to any such Company, person or entity unless consented to in writing by such
Company, person or entity.

 

c.                  Third Party Information. The Employee recognizes that the Company has received and, in the future, will receive from third
parties their confidential or proprietary information subject to a duty on the Company’s part to maintain the confidentiality of
such information and to use it only for certain limited purposes. The Employee shall hold all such confidential or proprietary information
in the strictest confidence and not to disclose it to any person, firm or corporation or to use it except as necessary in carrying out
his work for the Company consistent with the Company’s agreement with such third party.

 

 

 

 

 

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d.                  Enforcement. The Employee agrees that the restrictions set forth in this Section 7 are reasonable and necessary to protect
the goodwill of the Company. If any of the covenants set forth herein are deemed to be invalid or unenforceable based upon the duration
or otherwise, the parties contemplate that such provisions shall be modified to make them enforceable to the fullest extent permitted
by law. In the event of a breach or threatened breach by the Employee of the provisions set forth in this paragraph, the Employee acknowledges
that the Company will be irreparably harmed and that monetary damages shall be an insufficient remedy to the Company. Therefore, the Employee
consents to enforcement of this paragraph by means of temporary or permanent injunction and other appropriate equitable relief in any
competent court, in addition to any other remedies the Company may have under this Agreement or otherwise.

 

		8.	INTELLECTUAL PROPERTY.

 

The Company has hired the
Employee to work full-time so that anything the Employee produces during the Employment Term is the property of the Company. Any writing,
invention, design, system, process, development or discovery conceived, developed, created or made by the Employee, alone or with others,
during the period of his employment hereunder and applicable to the business of the Company, whether or not patentable, registrable, or
copyrightable shall become the sole and exclusive property of the Company. The Employee shall disclose the same promptly and completely
to the Company and shall, during the period of his employment hereunder and at any time and from time to time hereafter, (i) execute all
documents requested by the Company for vesting in the Company the entire right, title and interest in and to the same, (ii) execute all
documents requested by the Company for filing such applications for and procuring patents, trademarks, service marks or copyrights as
the Company, in its sole discretion, may desire to prosecute, and (iii) give the Company all assistance it may reasonably require, including
the giving of testimony in any suit, action, investigation or other proceeding, in order to obtain, maintain and protect the Company’s
right therein and thereto.

 

		9.	POST-EMPLOYMENT OBLIGATIONS.

 

a.                  Company Property. All records, files, lists, including computer generated lists, drawings, documents, equipment and similar
items relating to the Company’s business which the Employee shall prepare or receive from the Company shall remain the Company’s
sole and exclusive property. Upon termination of this Agreement, the Employee shall promptly return to the Company all property of the
Company in his possession. The Employee further represents that he will not copy or cause to be copied, print out or cause to be printed
out any software, documents or other materials originating with or belonging to the Company. The Employee additionally represents that,
upon termination of his employment with the Company, he will not retain in his possession any such software, documents or other materials.

 

b.                  Cooperation. The Employee agrees that both during and after his employment he shall, at the request of the Company, render
all assistance and perform all lawful acts that the Company considers necessary or advisable in connection with any litigation involving
the Company or any director, officer, employee, shareholder, agent, representative, consultant, client or vendor of the Company.

 

c.                  Notification of New Company. In the event that the Employee leaves the employ of the Company, or becomes employed by another
company, the Company shall have the right to notify the other company about the Employee’s rights and obligations under this Agreement.

 

 

 

 

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		10.	ARBITRATION.

 

Any controversy or claim arising
out of or relating to this Agreement, or the breach thereof, shall be settled by arbitration administered by the American Arbitration
Association (the “AAA”) in accordance with its Commercial or other Arbitration Rules, including the Optional Rules
for Emergency Measures of Protection, and judgment on the award rendered by the arbitrators may be entered in any court having jurisdiction
thereof. The place of arbitration shall be in Houston, Texas. The arbitrators are to interpret all controversies and claims arising under
or relating to this Agreement in accordance with the laws of the State of Texas, without regard to its choice of law principles. In rendering
an award, the arbitrator is to determine the rights and obligations of the parties according to the substantive and procedural laws of
the State of Texas. Within fifteen (15) days after the commencement of arbitration, each party shall select one (1) person to act as arbitrator
and the two (2) selected shall select a third arbitrator within ten (10) days of their appointment. The arbitrators will be selected from
a panel of persons having experience with and knowledge of the subject matter of the Agreement, and at least one (1) of the arbitrators
selected will be an attorney or a retired judge. If the arbitrators selected by the parties are unable or fail to agree upon the third
arbitrator, the third arbitrator shall be selected by the AAA. The arbitrators shall award to the prevailing party, if any, as determined
by the arbitrators, all of its costs and fees. “Costs and fees” mean all reasonable pre-award expenses of the arbitration,
including the arbitrators’ fees, administrative fees, travel expenses, out-of-pocket expenses such as copying and telephone, court
costs, witness fees, and attorneys’ fees. The award shall be in writing, shall be signed by a majority of the arbitrators, and shall
include a statement setting forth the reasons for the disposition of any claim. Within thirty (30) days of receipt of any award (which
shall not be binding if an appeal is taken), any party may notify the AAA of an intention to appeal to a second arbitral tribunal, constituted
in the same manner as the initial tribunal. The appeal tribunal shall be entitled to adopt the initial award as its own, modify the initial
award or substitute its own award for the initial award. The appeal tribunal shall not modify or replace the initial award for clear errors
of law or because of clear and convincing factual errors. The award of the appeal tribunal shall be final and binding, and judgment may
be entered by a court having jurisdiction thereof.

 

		11.	General Provisions.

 

a.                  Notices. Any notice, demand, request, waiver or other communication required or permitted to be given pursuant to this Agreement
must be in writing (including electronic format) and will be deemed by the parties to have been received (i) upon delivery in person (including
by reputable express courier service) at the address set forth below; (ii) upon delivery by facsimile (as verified by a printout showing
satisfactory transmission) at the facsimile number designated below (if sent on a business day during normal business hours where such
notice is to be received and if not, on the first business day following such delivery where such notice is to be received); (iii) upon
delivery by electronic mail (as verified by a printout showing satisfactory transmission) at the electronic mail address set forth below
(if sent on a business day during normal business hours where such notice is to be received and if not, on the first business day following
such delivery where such notice is to be received); or (iv) upon three (3) business days after mailing with the United States Postal Service
if mailed from and to a location within the continental United States by registered or certified mail, return receipt requested, addressed
to the address set forth below. Any party hereto may from time to time change its physical or electronic address or facsimile number for
notices by giving notice of such changed address or number to the other party in accordance with this section.

 

	If to the Company at:	 	DarkPulse, Inc.
	 	 	815 Walker Street
	 	 	Suite 1155
	 	 	Houston, Texas 77002
	 	 	Attention: Carl Eckel
	 	 	Email: ceckel@darkpulse.com
	 	 	 
	With a copy (which will not constitute notice) to:	 	
     

    Brian Higley

	 	 	Business Legal Advisors, LLC
	 	 	14888 Auburn Sky Drive
	 	 	Draper, UT 84020
	 	 	Email Address:  brian@businesslegaladvisor.com
	 	 	 
	If to the Employee at:	 	Dennis O’Leary
	 	 	
    25 Broadstreet

    New York City, New York 10004

	 	 	Email: dennismoleary@gmail.com

 

 

 

 

 

    	 	8	 

     

    

 

b.                  Assignability and Binding Nature. No rights or obligations may be assigned or transferred by the Company except that such rights
or obligations may be assigned or transferred pursuant to a merger or consolidation in which the Company is not the continuing entity,
or the sale or liquidation of all or substantially all of the assets of the Company, provided that the assignee or transferee is the successor
to all or substantially all of the assets of the Company and such assignee or transferee assumes the liabilities, obligations, and duties
of the Company, as contained in this Agreement, either contractually or as a matter of law. Notwithstanding any such assignment, the Company
shall not be relieved from liability under this Agreement. The obligations of the Employee are personal and no rights or obligations of
the Employee under this Agreement may be assigned or transferred by the Employee other than his right to receive compensation and benefits,
provided such assignment or transfer is otherwise permitted by law.

 

c.                  Amendment. This agreement may be amended or modified only by a written instrument executed by both the Company and the Employee.

 

d.                  Exhibits and Schedules. Each of the exhibits and schedules referenced in this Agreement is annexed hereto and is incorporated
herein by this reference and expressly made a part hereof.

 

e.                  Pronouns. Whenever the context might require, any pronouns used herein shall include the corresponding masculine, feminine
or neuter forms, and the singular forms of nouns and pronouns shall include the plural, and vice versa.

 

f.                   Captions. The captions appearing herein are for convenience of reference only and in no way define, limit or affect the scope
or substance of any section hereof.

 

g.                  Time. All reference herein to periods of days are to calendar days, unless expressly provided otherwise. Any reference herein
to business days shall mean any day other than Saturday, Sunday or other day on which commercial banks in the State of Texas are authorized
or required by law to remain closed. Where the time period specified herein would end on a weekend or holiday, the time period shall be
deemed to end on the next business day.

 

h.                  Entire Agreement. This Agreement constitutes the entire agreement between the Company and the Employee and supersedes all prior
agreements and understandings, whether written or oral relating to the subject matter hereof.

 

i.                   Severability. In case any provision hereof shall be held by a court or arbitrator with jurisdiction over the Company or the
Employee to be invalid, illegal, or otherwise unenforceable, such provision shall be restated to reflect as nearly as possible the original
intentions of the Company and the Employee in accordance with applicable law, and the validity, legality, and enforceability of the remaining
provisions shall in no way be affected or impaired thereby.

 

j.                   Attorney Fees. The prevailing party in any action to enforce this Agreement shall be entitled to reasonable costs and attorneys’
fees.

 

k.                 Waiver. No delays or omission by the Company or the Employee in exercising any right hereunder shall operate as a waiver of
that or any other right. A waiver or consent given by the Company or the Employee or any one occasion shall be effective only in that
instance and shall not be construed as a bar or waiver of any right on any other occasion.

 

l.                   Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all
of which together shall constitute one and the same instrument.

 

m.                 Full Knowledge. By their signatures, the parties acknowledge that they have carefully read and fully understand the terms and
conditions of this Agreement, that each party has had the benefit of separate counsel, or has been advised to obtain separate counsel,
and that each party has freely agreed to be bound by the terms and conditions of this Agreement. To the extent that a party elects not
to consult with such counsel, the party hereby waives any defense to inadequate representation by counsel.

 

n.                  Construction. This Agreement shall be construed as though all parties had drafted it.

 

o.                  Governing
Law and Venue. This Agreement and the rights and duties of the parties hereto shall be construed and determined in accordance
with the laws of the State of Texas (without giving effect to any choice or conflict of law provisions), and any and all actions to enforce
the provisions of this Agreement shall be brought in a court of competent jurisdiction in the State of Texas and in no other place.

 

p.                 
Non-Exclusivity of Remedies. The rights and remedies of the parties hereto shall not be mutually exclusive, and the
exercise of one or more of the provisions of this Agreement shall not preclude the exercise of any other provision.

 

[Signature
Pages Follow]

 

 

 

 

 

    	 	9	 

     

    

 

SIGNATURE PAGE

 

	 	DarkPulse, Inc.
	 	 
	 	 
	Date: June 22, 2022	By: /s/ Carl Eckel                     
	 	       Carl Eckel, Director
	 	 
	 	 
	 	 
	 	Employee
	 	 
	Date: June 22, 2022	By: /s/ Dennis O’Leary           
	 	       Dennis O’Leary, an individual
	 	 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	10	 

     

    

 

SCHEDULE A

 

EMPLOYEE DUTIES

 

During the Employment Term,
in addition to complying with and enforcing all policies and procedures adopted from time-to-time by the Company, the Employee shall perform
the following duties:

 

		·	the duties of Chief Executive Officer as set forth in the Company’s Bylaws, and such other duties as may be modified from time to time by the

                                                                                

                                                                                Board provided that such duties are consistent with the Employee’s present duties and with the Employee’s position.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	11

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