Document:

EX-10.1

Exhibit 10.1

SEPARATION AGREEMENT

This SEPARATION AGREEMENT (the “Agreement”) is entered into effective as of this 21st
day of February, 2017 (the “Effective Date”), by and between EASTGROUP PROPERTIES, INC., a
Maryland corporation with its principal place of business at 190 East Capitol Street, Suite 400,
Jackson, MS 39201-2152 (the “Company”), and WILLIAM D. PETSAS, residing at 5831 East
Berneil Lane, Paradise Valley, AZ 85253 (the “Executive”).

RECITALS:

WHEREAS, in connection with Executive’s and the Company’s mutual decision for Executive to
separate from his employment with the Company, Executive and the Company wish to compromise and
fully and finally settle any and all claims and potential claims of any type between them,
including but not limited to any claims for compensation or benefits under the amended and restated
Severance and Change in Control Agreement by and between Executive and the Company dated May 18,
2016 (the “CIC Agreement”) and any other plans, agreements, or understandings related to
Executive’s compensation for services performed for the Company during the period of his
employment, and under any contract, plan, policy, practice, or arrangement, past or present, of the
Company and any of its subsidiaries and affiliates; and

WHEREAS, the Company has tendered this Agreement to Executive for review on February 14, 2017
(the “Tender Date”), and Executive has thoroughly reviewed this Agreement, has entered into
it knowingly and voluntarily and has consulted with his own legal counsel before signing it.

NOW, THEREFORE, in consideration of the premises and mutual covenants contained in this
Agreement, and intending to be legally bound, the parties agree as follows:

1. Termination of Employment. Effective as of February 14, 2017 (the “Termination
Date”) Executive resigned from his position as Senior Vice President of the Company as well as
from all director, officer or other positions he held on behalf of the Company and each and every
subsidiary or other affiliated entity of the Company. Executive agrees to execute promptly upon
request by the Company any additional documents requested by the Company to facilitate these
resignations; provided that Executive understands that such resignations are self-effectuating and
are effective on the Termination Date.

2. Separation Pay and Benefits. In consideration of, subject to and conditioned on
(a) Executive’s execution of this Agreement and compliance with its terms and conditions, and (b)
Executive’s execution on or within twenty-one (21) days following the Tender Date and
non-revocation thereof of the Waiver and Release of Claims set forth in Exhibit A (the
“Release”, and the first date on which the Release is executed and delivered with all
periods for revocation thereof expired the “Release Effective Date”), Executive will be
entitled to receive the severance benefits described in this Section 2 (subject to the terms and
conditions set forth in this Agreement).

(a) The Company will pay to Executive severance pay (“Cash Severance”) in the total
amount of $1,195,000.00, less all required tax withholdings and other authorized deductions, on the
60th day after the Effective Date. The Cash Severance provided for in this Section 2(a)
is in full satisfaction of the Company’s obligations under Sections 3(b), 4(b), 5 and 6(b) of the
CIC Agreement.

(b) Effective as of the close of business on the Release Effective Date, the following
restricted shares granted to Executive will be deemed fully vested and any restrictions on such
restricted shares will fully lapse and will be settled in accordance with the provisions of the
Company’s 2013 Equity Incentive Plan and the applicable award agreement.

(i) The restricted shares granted to Executive on March 2, 2016 and designated the 2015 Annual
Long-Term Incentive Award, of which 2,288 shares are unvested as of the Termination Date;

(ii) The restricted shares granted to Executive on March 2, 2016 and designated the 2015
Long-Term Incentive Award, of which 1,326 shares are unvested as of the Termination Date;

(iii) The restricted shares granted to Executive on March 5, 2015 and designated the 2014
Annual Long-Term Incentive Award, of which 2,014 shares are unvested as of the Termination Date;

(iv) The restricted shares granted to Executive on March 5, 2015 and designated the 2014
Long-Term Incentive Award, of which 979 shares are unvested as of the Termination Date;

(v) The restricted shares granted to Executive on March 6, 2014 and designated the 2013 Annual
Long-Term Incentive Award, of which 930 shares are unvested as of the Termination Date.

(c) All other restricted shares and bonus stock granted to Executive pursuant to the 2013
Equity Incentive Plan or the 2004 Equity Incentive Plan, as amended, that were outstanding and
unvested as of the Termination Date (excluding, for purposes of clarity, the restricted shares
deemed fully vested on the Release Effective Date by reason of Section 2(b) hereof) were cancelled
and forfeited without consideration on the Termination Date.

(d) If Executive timely elects continued group medical coverage pursuant to the Consolidated
Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), the Company will reimburse
Executive for the COBRA premium payments for himself and his eligible dependents under the
Company’s group medical plan, less applicable withholdings, for the period of eighteen (18) months
following the Termination Date. The reimbursements provided for in this Section 2(d) are in full
satisfaction of the Company’s obligations, if any, under Section 6(d) of the CIC Agreement. Any
reimbursements that are required under this Section 2(d) will be made on a regular, periodic basis
within thirty (30) days after such reimbursable amounts are incurred by Executive; provided, that,
before such reimbursement, Executive has submitted or the Company possesses the applicable and
appropriate evidence of such expense(s).

3. Accrued Benefits. To the extent not already paid on or prior to the Effective
Date, Executive will be entitled to receive (a) his full earned but unpaid base salary and vacation
pay accrued through the Termination Date, (b) reimbursement for all business expenses properly
incurred by Executive and for which he properly and timely made or makes a request for
reimbursement in accordance with Company policy and (c) any accrued and vested amounts payable to
Executive under the Company’s 401(k) plan and other retirement, deferred compensation and benefits
plans in accordance with the terms of such plans and applicable law, in each event subject to
applicable withholdings and deductions. The other amounts provided in this Section 3 will be paid
by the Company in the ordinary course consistent with past practice and, if applicable, in
accordance with the terms of the Company’s plans and policies. The amounts provided for in this
Section 3 are in full satisfaction of the Company’s obligations under Sections 3(a), 4(a) and 6(a)
of the CIC Agreement.

4. No Other Payments or Benefits. Except as provided in this Agreement, the Executive
acknowledges and agrees that he is not entitled to any other compensation (including, but not
limited to, salary or bonuses), perquisites, or benefits of any kind or description from the
Company, or from or under any employee benefit plan or fringe benefit plan sponsored by the
Company, other than as described above and other than (i) any rights the Executive may have with
respect to the continuation of dental insurance pursuant to COBRA on account of the termination of
his employment; (ii) with respect to any of the capacities in which the Executive served the
Company or any subsidiary or other affiliated entity of the Company, any rights the Executive may
have for indemnity in relation to any acts or omissions of the Executive or a claim for coverage
under any applicable insurances; and (iii) any claim relating to enforcement of the Agreement.

5. Non-disparagement. Executive hereby agrees that he will not disparage the Company
or any of its owners, agents, officers, shareholders, employees, directors, attorneys, subscribers,
subsidiaries or affiliates. Nothing in this Section 5 will prohibit Executive from (a) providing
truthful information in response to a subpoena or other legal process, (b) from truthfully
responding to any background or reference check by a prospective employer at Executive’s
authorization, or (b) cooperating with government agencies or responding to an internal
investigation or regulatory investigation.

6. Confidentiality of Information and Nondisclosure. The Executive agrees that the
Executive will not, without the express written approval of the Company, unless directed by
applicable legal authority (including any court of competent jurisdiction, governmental agency
having supervisory, investigative or adjudicatory authority or jurisdiction over the business of
the Company, or any legislative or administrative body having supervisory, investigative or
adjudicatory authority or jurisdiction over the business of the Company) having jurisdiction over
the Executive, disclose to or use, for the benefit of himself, any person, corporation or other
entity other than the Company, (i) any non-public or not generally known information concerning any
financial matters, tenant relationships, competitive status, vendor matters, internal
organizational matters, current or future plans, or other business affairs of or relating to the
Company and any of its subsidiaries and affiliates, (ii) any proprietary management, operational,
trade, technical or other secrets or any other proprietary information or other proprietary data of
the Company and any of its subsidiaries and affiliates that Executive knows to be confidential,
(iii) any information regarding any of the Company’s employees where such disclosure is otherwise
restricted by law or regulation, or (iv) any other information related to the Company and any of
its subsidiaries and affiliates which the Executive knows is not publicly available or generally
known (collectively, “Confidential Information”) . The Executive acknowledges that all of
the foregoing constitutes confidential and proprietary information, which is the exclusive property
of the Company. Nothing in this Agreement, including the obligations under Section 5, or any other
agreement with the Company prohibits or prevents the Executive from filing a complaint or charge
with or participating, testifying, or assisting in any investigation, hearing, or other proceeding
before any federal, state, or local government agency. Notwithstanding the non-disclosure,
non-disparagement or any other provision of this Agreement, the Executive acknowledges and affirms
his understanding that nothing in this Agreement is intended to preclude, prohibit, or otherwise
limit, in any way, his rights and abilities to contact, communicate with, or report matters to any
government entity or agency including but not limited to the United States Department of Justice,
the Equal Employment Opportunity Commission, any Office of Inspector General of any United States
agency, the United States Securities and Exchange Commission, or Congress, regarding possible
violations of laws or regulations. However, to the maximum extent permitted by law, the Executive
agrees that if such an administrative claim is made, the Executive will not be entitled to recover
any individual monetary relief or other individual remedies, except that this provision is not
applicable to any bounty that may be recoverable by the Executive as a result of participating in
the Securities and Exchange Commission’s whistleblower program.

7. Dispute Resolution; Injunctive Relief.

(a) The Company and the Executive shall attempt to resolve between them any dispute that
arises under this Agreement. If they cannot agree within ten days after either party submits a
demand for arbitration to the other party, then the issue shall be submitted to arbitration with
each party having the right to appoint one arbitrator and those two arbitrators mutually selecting
a third arbitrator. The rules of the American Arbitration Association for the arbitration of
commercial disputes shall apply and the decision of two of the three arbitrators shall be final.
The arbitrators must reach a decision within 60 days after the selection of the third arbitrator.
The arbitration shall take place in Jackson, Mississippi. The arbitrators shall apply Mississippi
law. The costs of such arbitration shall be shared equally by the Executive and the Company.

(b) Executive agrees that if he breaches any of the terms of this Agreement, the Company may
pursue whatever rights it has under this Agreement without affecting the validity and
enforceability of the Release.

(c) Notwithstanding Section 7(a) above, the Executive agrees that if he breaches Sections 5 or
6 of this Agreement, the Company will be entitled to seek immediate injunctive relief restraining
the Executive from conduct in breach of this Agreement.

(d) Nothing in this Agreement may be construed as prohibiting the Company from pursuing any
other remedies available to it for a breach of this Agreement, including the recovery of damages
from the Executive.

8. Company Property.

(a) On or prior to the Effective Date, Executive shall have returned to the Company all
Company property in his possession or use, including, without limitation, all automobiles, fax
machines, printers, credit cards, building-access cards and keys, computers, cell phones, other
electronic equipment, and any records, documents, software, e-mails or other data from his personal
computers or cell phones which are not themselves Company property, however stored, relating to or
containing Confidential Information.

(b) The Company acknowledges that following the Termination Date, Executive may retain his
Company-issued laptop computer and Apple iPad tablet (the “Devices”), provided that he uses
best efforts to permit the Company to ensure the return of any Company information residing on the
Devices in a manner satisfactory to the Company and that he will not delete that information
without the Company’s permission. Executive understands that the Company intends to image the hard
drives of the Devices, wipe or erase their contents, except for Executive’s personal and private
information, and then return them to the Executive. In addition, Executive will cooperate with the
Company to remove from the Devices any Company-licensed software the Company deems necessary to
remove to comply with its licensing obligations.

9. Cooperation. Executive agrees that he will reasonably cooperate with the Company,
its subsidiaries and affiliates, at any level, and any of their officers, directors, shareholders,
or employees at such times, manner and places as reasonably and mutually acceptable (except that
Executive agrees to appear at such times, manner and places as may be directed by a court or
pursuant to a court order): (a) concerning requests for information about the business of the
Company or its subsidiaries or affiliates or Executive’s involvement and participation therein; (b)
in connection with any investigation or review by the Company or any federal, state or local
regulatory, quasi-regulatory or self-governing authority (including, without limitation, the
Securities and Exchange Commission) as any such investigation or review relates to events or
occurrences that transpired while Executive was employed by the Company; and (c) in connection with
any formal or informal legal matters in which Executive is named as a party or of which Executive
has specific and relevant knowledge or documents, including (without limitation) any matters in
which Executive is currently involved. Executive’s cooperation will include, but not be limited to
(taking into account Executive’s personal and professional obligations, including those to any new
employer or entity to which Executive provides services), being available to meet and speak with
officers or employees of the Company and/or the Company’s counsel at reasonable times and
locations; executing accurate and truthful documents; preparation for, reasonable assistance with,
or participation in any legally required process after the Effective Date; testifying or otherwise
appearing at depositions, arbitrations or court hearings; preparation for the above-described or
similar activities; and taking such other actions as may reasonably be requested by the Company
and/or the Company’s counsel to effectuate the foregoing. Executive understands that he will
receive no additional compensation in connection with his preparation for, reasonable assistance
with or participation in any legally required process after the Effective Date (including, without
limitation, responding to any discovery request, deposition notice or subpoena for testimony). In
all cases, however, Executive will be entitled to reimbursement, upon receipt by the Company of
suitable documentation, for reasonable and necessary travel and other expenses which Executive may
incur at the specific request of the Company incurred in connection with his assistance and as
approved by the Company in advance and in accordance with its policies and procedures established
from time to time.

If Executive is required to give testimony in any legal proceeding involving or relating to the
Company, any of its customers, or his employment with the Company, and Executive and the Company
are not adverse or reasonably likely to become adverse in such legal proceeding, the Company will,
at its sole cost and expense, make available to Executive outside counsel of the Company’s
choosing.

Nothing in this Section 9 prohibits or restrict Executive at any time from: (i) making any
disclosure of information required by law; (ii) providing information to, or testifying or
otherwise assisting in any investigation or proceeding brought by, any federal regulatory or law
enforcement agency or legislative body, or any self-regulatory organization; or (iii) filing,
testifying, participating in or otherwise assisting in a proceeding relating to an alleged
violation of any federal or state law relating to fraud, or any rule or regulation of the
Securities and Exchange Commission.

10. No Admission. Executive acknowledges and agrees that the Company is not entering
into this Agreement because it believes Executive has any valid legal claim against it. Executive
further acknowledges and agrees that the purpose of this Agreement is to provide Executive with
assistance in the transition of his employment status, while at the same time protecting the
Company from the expense and disruption that are often incurred in defending against even a
groundless claim. If Executive elects not to sign this Agreement and the Release, the fact that it
was offered to Executive in the first place will not be understood or contended to be any
indication that (i) the Company believed that Executive had been unlawfully treated in any respect
or (ii) the Company is waiving any rights it had or may have to terminate Executive for cause.

11. Governing Law. This Agreement will be governed by and construed in accordance
with the laws of the State of Mississippi applicable to contracts executed in and to be performed
in that state without regard to its conflicts of laws provisions.

12. Waiver. The waiver by a party of any breach by the other party of any provision
of this Agreement will not operate or be construed as a waiver of any other or subsequent breach by
a party.

13. Assignment. This Agreement will be binding upon and inure to the benefit of the
successors and assigns of the Company, and the Company shall be obligated to require any successor
to expressly acknowledge and assume its obligations under this Agreement and provide a copy thereof
to Executive. This Agreement will inure to the extent provided under this Agreement to the benefit
of and be enforceable by the Executive or the Executive’s legal representatives, executors,
administrators, successors, heirs, distributees, devisees and legatees. The Executive may not
delegate any of the Executive’s duties, responsibilities, obligations or positions under this
Agreement to any person and any such purported delegation will be void and of no force and effect.

14. Severability. Whenever possible, each provision of this Agreement will be
interpreted in such a manner as to be effective and valid under applicable law, but if any
provision of this Agreement is held to be invalid under applicable law, such provision will be
ineffective only to the extent of such prohibition or invalidity, without invalidating the
remainder of such provision or the remaining provisions of this Agreement.

15. Notices. Any notices required or permitted to be given under this Agreement will
be sufficient if in writing, and if personally delivered or when sent by first class certified or
registered mail, postage prepaid, return receipt requested in the case of the Executive, to his
principal residence address, and in the case of the Company, to the address of its principal place
of business as set forth above, to the attention of the Director of Human Resources of the Company.

16. Entire Agreement. This Agreement, with its Exhibit A, constitutes the entire
agreement of the parties relating to the subject matter of this Agreement, and supersedes any
obligations of the Company and the Executive under any previous agreements or arrangements, except
as otherwise provided in this Agreement. The provisions of this Agreement may not be amended,
modified, repealed, waived, extended or discharged except by an agreement in writing signed by the
party against whom enforcement of any amendment, modification, repeal, waiver, extension or
discharge is sought.

17. Code Section 409A. It is intended that this Agreement comply with the provisions
of section 409A of the Internal Revenue Code of 1986, as amended, and the Treasury Department
regulations relating thereto (“Code Section 409A”), or an exemption to Code Section 409A.
Payments, rights and benefits may only be made, satisfied or provided under this Agreement upon an
event and in a manner permitted by Code Section 409A, to the extent applicable, so as not to
subject the Executive to the payment of taxes and interest under Code Section 409A. In furtherance
of this intent, this Agreement will be interpreted, operated and administered in a manner
consistent with these intentions, and to the extent that any regulations or other guidance issued
under Code Section 409A would result in the Executive being subject to payment of additional income
taxes or interest under Code Section 409A, the parties agree, to the extent possible, to amend this
Agreement to maintain to the maximum extent practicable the original intent of this Agreement while
avoiding the application of such taxes or interest under Code Section 409A. All payments to be
made upon a termination of employment under this Agreement may only be made upon a “separation from
service” as defined under Code Section 409A. Notwithstanding any provision of this Agreement to
the contrary, if, as of the date of the Executive’s separation from service, the Executive is a
“specified employee” as defined under Code Section 409A, then, except to the extent that this
Agreement does not provide for a “deferral of compensation” within the meaning of Code Section 409A
of the Code, no payments may be made and no benefits may be provided to the Executive during the
period beginning on the date of the Executive’s separation from service and ending on the last day
of the sixth month after such date. In no event may the Executive, directly or indirectly,
designate the calendar year of any payment under this Agreement.

18. Headings. The descriptive headings used in this Agreement are used for
convenience of reference only and do not constitute a part of this Agreement.

19. Counterparts. This Agreement may be executed in one or more counterparts,
including emailed or telecopied facsimiles, each of which will be deemed an original, but all of
which will constitute one and the same instrument.

THE EXECUTIVE EXPRESSLY WARRANTS AND REPRESENTS THAT, BEFORE ENTERING INTO THIS AGREEMENT, HE
HAS RECEIVED A REASONABLE PERIOD OF TIME WITHIN WHICH TO CONSIDER ALL OF THE PROVISIONS CONTAINED
IN THIS AGREEMENT, THAT HE HAS FULLY READ, INFORMED HIMSELF OF AND UNDERSTANDS ALL THE TERMS,
CONTENTS, CONDITIONS AND EFFECTS OF ALL PROVISIONS OF THIS AGREEMENT, AND THAT HE CONSIDERS ALL
SUCH PROVISIONS TO BE SATISFACTORY.

THE EXECUTIVE FURTHER EXPRESSLY WARRANTS AND REPRESENTS THAT NO PROMISE OR REPRESENTATION OF
ANY KIND HAS BEEN MADE, EXCEPT THOSE EXPRESSLY STATED IN THIS AGREEMENT.

IN ACCORDANCE WITH THE TERMS OF THE AGE DISCRIMINATION IN EMPLOYMENT ACT, AS AMENDED BY THE
OLDER WORKERS BENEFIT PROTECTION ACT, THE EXECUTIVE ACKNOWLEDGES AND AGREES THAT HE: (i) HAS READ
AND UNDERSTANDS THIS AGREEMENT AND KNOWINGLY AND VOLUNTARILY ENTERED INTO THIS AGREEMENT WITHOUT
FRAUD, DURESS, OR ANY UNDUE INFLUENCE; (ii) IS ADVISED IN WRITING BY THE COMPANY TO CONSULT WITH AN
ATTORNEY OF HIS CHOOSING BEFORE SIGNING THIS AGREEMENT; (iii) IS ENTITLED TO A PERIOD OF TWENTY-ONE
(21) DAYS AFTER THE TENDER DATE TO CONSIDER THE TERMS OF THIS AGREEMENT, BUT MAY VOLUNTARILY ELECT
TO SIGN THE AGREEMENT IN A SHORTER PERIOD OF TIME IN ORDER TO MORE QUICKLY RECEIVE THE
CONSIDERATION SET FORTH IN PARAGRAPH 2 ABOVE; (iv) HAS SEVEN (7) DAYS FOLLOWING THE EXECUTION OF
THIS AGREEMENT TO REVOKE THE AGREEMENT, AND THE AGREEMENT WILL NOT BECOME EFFECTIVE OR ENFORCEABLE
UNTIL THE SEVEN (7) DAY PERIOD HAS EXPIRED; (v) IS RECEIVING PAYMENT AND OTHER CONSIDERATION FROM
THE COMPANY THAT HE WOULD NOT OTHERWISE BE ENTITLED TO; AND (vi) IS NOT WAIVING ANY DISCRIMINATION
RIGHTS OR CLAIMS THAT MAY ARISE AFTER THE DATE THE AGREEMENT IS EXECUTED BY HIM.

[INTENTIONALLY LEFT BLANK]

1

IN WITNESS WHEREOF, the Executive and the Company, by its duly authorized representative, have
signed this Agreement as of the date set forth above.

EXECUTIVE:

/s/ William D. Petsas

	 	 	THE COMPANY:

EASTGROUP PROPERTIES, INC.

/s/ Marshall A. Loeb

Marshall A. Loeb

President

EXHIBIT A

Waiver and Release

to

Separation Agreement

William D. Petsas, residing at 5831 East Berneil Lane, Paradise Valley, AZ 85253 (the
“Executive”) hereby executes this Waiver and Release (the “Release”) in favor of
EastGroup Properties, Inc. (the “Company”).

1. (a) Executive, for himself and his heirs, successors and assigns, in consideration of the sums
and benefits described in Section 2 of the Separation Agreement by and between the Company and the
Executive dated as of February 21, 2017 (the “Separation Agreement”), does hereby forever
discharge and release the Company, and its parent, subsidiary and affiliated companies, and its and
their agents, officers, shareholders, directors, employees, insurers, successors and assigns, and
each and all of the foregoing (referred to in this Release as “Releasees”) individually and
collectively, from any and all claims, charges, demands, causes of action, damages, complaints,
expenses and compensation which the Executive now has or may in the future have, or which any
person or entity may have on his behalf, on account of or arising out of any matter or thing which
has happened, developed or occurred prior to the Executive’s signing this Release, including,
without limitation, all claims, charges, demands, causes of action, damages, complaints, expenses
and compensation arising from the Executive’s employment with the Company, the Executive’s
separation of employment with the Company, the Executive’s other relationships and dealings with
the Company and other Releasees, and the Executive’s separation from such other relationships or
dealings. The Executive hereby waives any and all such claims, charges, causes of action, demands,
damages, complaints, expenses and compensation of any type or description that he has or might have
against the Company and/or any of the other Releasees. The release, discharge and waiver under
this Release includes, but is not limited to, any claims, charges, demands, causes of action,
damages, complaints, expenses and compensation (collectively called “claims”) arising out
of or under the following:

(i) The Age Discrimination in Employment Act of 1967, as amended, which, among other things,
prohibits discrimination in employment on account of a person’s age.

(ii) Title VII of the Civil Rights Act of 1964, as amended, which, among other things,
prohibits discrimination in employment on account of a person’s race, color, religion, sex, or
national origin.

(iii) 42 U.S.C. §1981, as amended, which, among other things, prohibits certain race
discrimination.

(iv) The Equal Pay Act of 1963, as amended, which, among other things, prohibits, under
certain circumstances, discrimination in pay on the basis of sex.

(v) The Employee Retirement Income Security Act of 1974, as amended, which, among other
things, regulates pension and welfare plans and, which, among other things, prohibits interference
with individual rights protected under the statute.

(vi) The Americans With Disabilities Act, as amended, which, among other things, prohibits
discrimination relating to employment on account of a person’s handicap or disability.

(vii) Executive Order 11246 (applicable to Federal Government contractors and subcontractors),
which, among other things, requires affirmative action for and prohibits discrimination against
individuals by reason of race and sex.

(viii) The Vietnam-Era Veterans’ Readjustment Assistance Act of 1974, as amended (applicable
to Federal Government contractors and subcontractors), which, among other things, requires
affirmative action for and prohibits discrimination against individuals by reason of their status
as a veteran or a disabled veteran.

(ix) The Rehabilitation Act of 1973, as amended (applicable to Federal Government contractors
and subcontractors), which, among other things, requires affirmative action for and prohibits
discrimination against individuals by reason of handicap or disability.

(x) The Immigration and Nationality Act, as amended, which, among other things, prohibits
discrimination against employees because of citizenship.

(xi) The Uniformed Services Employment and Reemployment Rights Act of 1994, as amended, which,
among other things, prohibits discrimination on account of a person’s service in the uniformed
services of the United States or any state.

(xii) The National Labor Relations Act, as amended, which, among other things, prohibits
discrimination against an employee for engaging in concerted activities.

(xiii) The Worker Adjustment Retraining and Notification Act, which, among other things,
requires notice to employees prior to plant closings and mass layoffs, as defined in the law.

(xiv) Section 806 of the Sarbanes-Oxley Act of 2002, as amended, which, among other things,
prohibits, under certain circumstances, discrimination against an employee for participating or
assisting in an investigation or proceeding regarding violations of Federal fraud laws or
Securities and Exchange Commission rules and regulations.

(xv) The Family and Medical Leave Act of 1993, as amended, which, among other things, affords
employees the right under certain circumstances to take a leave from work and prohibits
discrimination against employees for taking such leave.

(xvi) The Genetic Information Nondiscrimination Act of 2008, which, among other things,
prohibits discrimination in employment based on genetic information.

(xvii) Section 23-15-871 of the Mississippi Code, as amended, which, among other things,
prohibits an employer from requiring an individual to vote for a certain candidate in any election
campaign.

(xviii) Section 45-9-55 of the Mississippi Code, as amended, which, among other things,
prohibits, under certain circumstances, an employer from prohibiting the transportation or storage
of firearms on the employer’s property.

(xix) Sections 71-7-1 et seq. of the Mississippi Code, as amended, which, among things,
establish certain procedures regarding the use of drug and alcohol testing in employment.

(xx) Section 71-7-33 of the Mississippi Code, as amended, which, among other things,
prohibits, under certain circumstances, an employer from requiring as a condition of employment
that an individual abstain from smoking or using tobacco products during non-working hours.

(xxi) The Arizona Civil Rights Act, Arizona Revised Statutes §§ 41-1401 to 41-1493, which,
among other things, prohibits discrimination in employment on the basis of race, color, religion,
sex, disability, national origin, and age.

(xxii) The Arizona Equal Pay Law, Arizona Revised Statutes §§ 23-340 to 23-341, which, among
other things, requires paying men and women the same wage for equal work.

(xxiii) Arizona Revised Statutes § 26-167, which, among other things, prohibits discrimination
against National Guard members and prohibits physical or economic duress to deter enlistment in the
military forces of the state of the United States.

(xxiv) The Arizona Employment Protection Act, Arizona Revised Statutes § 23-1501, which, among
other things, protects against the termination of employment in retaliation for refusing to commit
an act or omission that would violate a state law or for the disclosure by the employee that the
employer or one of its employees has violated, is violating or will violate a state law or for the
exercise of certain legal rights.

(xxv) Any Federal, State or local law or rule, regulation, executive order or guideline,
including, but not limited to, those laws specifically described above.

(xxvi) All constitutional violations, defamation, wrongful discharge, attorney fees, costs,
breach of contract, breach of implied contract, negligence of any kind, including, but not limited
to, negligent performance of contractual obligations, breach of the covenant of good faith and fair
dealing, tortious interference with business and/or contractual relationship (or prospective
relationship), violation of the penal statutes, retaliatory discharge, whistle-blower’s claims,
estoppel of any kind, loss of consortium, exemplary damages, negligent and/or intentional
infliction of mental or emotional distress, discrimination, harassment and/or retaliation or
wrongful action which has been or could have been alleged under the common law, any civil rights or
equal opportunity employment law, or any other statute, regulation, ordinance or rule.

(xxvii) Any oral or written contract of employment with the Company, and/or other Releasees,
express or implied, or any oral or written agreement, express or implied, purporting to establish
terms and conditions of employment or addressing termination of employment.

(b) The Executive specifically understands and agrees that the separation of him from his
employment does not violate or disregard any oral or written promise or agreement, of any nature
whatsoever, express or implied. If any contract or agreement of employment exists concerning the
employment of the Executive by the Company and/or other Releasees, or the terms and conditions of
such employment or the termination of such employment, whether oral or written, express or implied,
that contract or agreement is hereby terminated and is null and void; provided that nothing herein
shall terminate or invalidate that certain Indemnification Agreement which the parties entered into
as of January 1, 2001, or the Executive’s rights under any directors and officers liability
insurance policy maintained by the Company for the benefit of its former officers.

(c) This Release includes, but is not limited to, a waiver, discharge and release by Executive
of the Company and other Releasees from any damages or relief of whatever nature or description
which may arise from any of the claims waived, discharged or released including, but not limited
to, compensatory and punitive damages and equitable forms of relief, as well as any claim for
attorneys fees or costs, which may arise from any of the claims waived, discharged or released.

(d) Executive agrees that this Release may be enforced in any court, federal, state or local,
and before any administrative agency or body, federal, state or local.

2. (a) Except as otherwise provided in this Section, Executive agrees not to commence or continue
any action or proceeding in any court, federal, State or local, concerning any claim arising in
connection with Executive’s employment with the Company or other Releasees or Executive’s
separation from such employment or any other matters included in the release if and to the extent
that any such claim is waived and released in this Release.

(b) Executive also agrees, except as otherwise provided in this Section, that if a claim or
anything else included in the release should be prosecuted in his name before any court or
administrative agency, he waives and agrees not to take any award of money or other damages and
will immediately request in writing that the claim or matter on his behalf be withdrawn.

3. The Executive agrees that if he violates any of the terms of this Release, in addition to any
other remedy that the Company may have in law or in equity, the Executive, if the Company so
elects, shall be liable to the Company for any and all sums of money paid to the Executive and for
the costs incurred by the Company in compliance with Section 2 of the Separation Agreement and,
from that date forward, if it so elects, the Company shall have no further obligation under Section
2 of the Separation Agreement, except as may be required by law. The Company’s enforcement of its
rights under this Section will not affect the validity and enforceability of the release, discharge
and waiver contained in this Agreement.

4. The Executive agrees to keep the terms and the existence of this Release completely confidential
and shall not disclose any information concerning the existence or terms of this Release or provide
a copy of this Release to anyone, except the United States Internal Revenue Service, or state tax
authorities, or the United States Equal Employment Opportunity Commission, or state equal
employment authorities, or a court, or State or County Unemployment Authorities, or the Executive’s
attorney, or his accountant, or his lawful spouse.

5. The Executive further agrees that he has not sustained any disabling personal injury and/or
occupational disease which has resulted in a loss of wage earning capacity during his employment
with the Company or other Releasees or due to separation from that employment and that he has no
personal injury and/or occupational disease which has been contributed to, or aggravated or
accelerated in a significant manner by his employment with the Company or other Releasees and/or
separation from that employment.

6. The Separation Agreement provides the Executive with sums of money and benefits which include
sums and benefits that the Executive is not otherwise entitled to receive.

7. The Executive agrees that his separation from employment with the Company and/or other Releasees
shall be final, and he shall not apply for, nor is he eligible for, employment with the Company
and/or other Releasees at any time in the future. The Executive represents and warrants that he
has no interest in future employment with the Company.

8. Executive represents and warrants that the Company has encouraged and advised Executive in
writing, prior to signing this Release, to consult with an attorney of Executive’s choosing
concerning all of the terms of the Separation Agreement, this Release and Executive’s separation
from employment with the Company.

9. Executive represents and warrants that the Company has given Executive a reasonable period of
time, of at least twenty-one (21) days after the Tender Date (as defined in the Separation
Agreement), for Executive to consider all the terms of this Release and for the purpose of
consulting with an attorney if Executive so chose. If this Release has been executed by Executive
prior to the end of the twenty-one (21) day period, Executive represents that he has freely and
willingly elected to do so. It is understood that the Company shall have the right to revoke the
Separation Agreement any time after the end of the twenty-one (21) day period provided above if the
Executive has not signed this Release prior to such revocation.

10. Executive represents and warrants that he has carefully read each and every provision of this
Release and that he fully understands all of the terms and conditions of this Release.

11. Executive represents and warrants that he enters into this Release voluntarily, of his own free
will, without any pressure or coercion from any person or entity, including, but not limited to,
the Company or any of its representatives.

12. This Release may be revoked by the Executive within seven (7) days after the date this Release
is signed by the Executive, by giving written notice of revocation to:

Shelby Trusty, Director of Human Resources

190 East Capitol Street

Suite 400

Jackson, MS 39201-2152

This Release shall not become effective or enforceable until the revocation period has expired and
none of the payments provided or benefits described in Section 2 of the Separation Agreement shall
be made or provided until after the revocation period has expired with no revocation.

13. Whenever possible, each provision of this Release shall be interpreted in such manner as to be
effective and valid under applicable law, but if any provision of this Release is held to be
prohibited by or invalid under applicable law, such provision shall be ineffective only to the
extent of such prohibition or invalidity, without invalidating the remainder of such provision or
the remaining provisions of this Release.

THE EXECUTIVE EXPRESSLY WARRANTS AND REPRESENTS THAT, BEFORE ENTERING INTO THIS RELEASE, HE HAS
RECEIVED A REASONABLE PERIOD OF TIME WITHIN WHICH TO CONSIDER ALL OF THE PROVISIONS CONTAINED IN
THIS RELEASE, THAT HE HAS FULLY READ, INFORMED HIMSELF OF AND UNDERSTANDS ALL THE TERMS, CONTENTS,
CONDITIONS AND EFFECTS OF ALL PROVISIONS OF THIS RELEASE, AND THAT HE CONSIDERS ALL SUCH PROVISIONS
TO BE SATISFACTORY.

THE EXECUTIVE FURTHER EXPRESSLY WARRANTS AND REPRESENTS THAT NO PROMISE OR REPRESENTATION OF ANY
KIND HAS BEEN MADE, EXCEPT THOSE EXPRESSLY STATED IN THE SEPARATION AGREEMENT AND THIS RELEASE.

IN ACCORDANCE WITH THE TERMS OF THE AGE DISCRIMINATION IN EMPLOYMENT ACT, AS AMENDED BY THE OLDER
WORKERS BENEFIT PROTECTION ACT, THE EXECUTIVE ACKNOWLEDGES AND AGREES THAT HE: (i) HAS READ AND
UNDERSTANDS THIS RELEASE AND KNOWINGLY AND VOLUNTARILY ENTERED INTO THIS RELEASE WITHOUT FRAUD,
DURESS, OR ANY UNDUE INFLUENCE; (ii) IS ADVISED IN WRITING BY THE COMPANY TO CONSULT WITH AN
ATTORNEY OF HIS CHOOSING BEFORE SIGNING THIS RELEASE; (iii) IS ENTITLED TO A PERIOD OF TWENTY-ONE
(21) DAYS AFTER THE TENDER DATE TO CONSIDER THE TERMS OF THIS RELEASE, BUT MAY VOLUNTARILY ELECT TO
SIGN THE RELEASE IN A SHORTER PERIOD OF TIME IN ORDER TO MORE QUICKLY RECEIVE THE CONSIDERATION SET
FORTH IN PARAGRAPH 2 OF THE SEPARATION AGREEMENT; (iv) HAS SEVEN (7) DAYS FOLLOWING THE EXECUTION
OF THIS RELEASE TO REVOKE THE RELEASE, AND THE SEPARATION AGREEMENT WILL NOT BECOME EFFECTIVE OR
ENFORCEABLE UNTIL THE SEVEN (7) DAY PERIOD HAS EXPIRED; (v) IS RECEIVING PAYMENT AND OTHER
CONSIDERATION FROM THE COMPANY THAT HE WOULD NOT OTHERWISE BE ENTITLED TO; AND (vi) IS NOT WAIVING
ANY DISCRIMINATION RIGHTS OR CLAIMS THAT MAY ARISE AFTER THE DATE THE RELEASE IS EXECUTED BY HIM.

IN WITNESS WHEREOF, Executive has executed this Release as of the date set forth below.

Dated: February 21, 2017 /s/ William D. Petsas

2Blueprint

  Exhibit 10.1

 

AGREEMENT FOR SERVICES

 

 

THIS AGREEMENT FOR SERVICES is made this 25 day of January
2017.

 

BETWEEN

 

IGalen International Inc. a company incorporated under the
laws of United States of America bearing corporate registration
number 58156-96 and having
its principal place of business at 1771 Post Rd East #178 Westport, CT
06880 hereinafter referred to as "IGalen”) of the one
part

 

AND

 

HotApp International Ltd. a company incorporated under the
laws of Hong Kong bearing corporate registration number 63550608
and having its principal place of business at 17B, Greatmany
Centre, 109-111 Queen’s Road East, Hong Kong, (hereinafter
referred to as "HotApp”) of the second part.

 

WHEREAS:

 

(A) 

IGalen is engaged
in multilevel marketing of dietary supplements and is desirous to
develop a Mobile Application to enable communication and
interaction between independent distributors throughout
IGalen’s direct selling network (hereinafter referred to as
“the Project”).

 

(B) 

HOTAPP is engaged
in development of online applications for mobile interface and is
desirous of sourcing, introducing and/or offering its service as
service provider to IGalen for the sole purpose of the Project upon
the terms and conditions hereinafter appearing.

 

NOW THIS CONTRACT FOR SERVICES
WITNESSETH as follows:-

 

1. 

Appointment

 

IGalen
hereby agrees to appoint and engage HotApp and HotApp hereby
accepts the appointment and engagement by IGALEN as a service
provider of IGalen for the Project on a non-exclusive basis and
solely for the purpose of providing the services specified in
Clause 2 specifically within the Territory (as described in item 1
of Schedule 1) hereof subject to payment of the fees at the rate
and in the manner as stated in Clause 3 hereof.

 

2. 

Scope
Of Services

 

2.1 

HotApp shall use
his best endeavour to source, introduce and/or offer its service as
service provider to IGalen for the sole purpose of the Project at
its own costs and expenses.

 

 

Page 1 of
8

 

2.2 

Subject to Clause
2.1 HotApp hereby agrees to conform to the Project Timeline,
Project Deliverables and Reporting as described in items 2, 3 and 4
of Schedule 1 respectively.

 

3. 

Service
Fees

 

3.1 

In consideration of
HotApp providing the said Services to IGalen in such manner as
provided in Clause 2 hereof, IGalen hereby agrees to pay HotApp the
Service Fee as stated in item 5 0f Schedule 1.

 

3.2 

All direct expenses
of travel, boarding, lodging and other related expenses if incurred
by HotApp in the Project will be borne by HotApp.

 

3.3 

All payments made
by IGalen to HotApp shall be in United Stated Dollars (USD) within
sixty (60) days upon receipt of the respective invoice from HotApp
AND shall be made in favour of HotApp International
Ltd.

 

3.6 

In the event the
Project is terminated, discontinued, varied or abandoned for any
reasons whatsoever due to any acts and/or omissions of HotApp then
IGalen shall be absolved from its obligation and/or liability to
pay the Service Fee or any balance thereof to HotApp.

 

4 

Warranties

 

4.1            

HotApp hereby
undertakes to do the following:-

 

(a) 

use its best
endeavour’s to source, introduce and/or offer its service to
IGalen in accordance with Clause 2 above;

 

(b) 

observe and comply
with all rules and requirements which may from time to time be
specified by IGalen;

 

(c
) 

not to assign,
transfer or delegate any of its rights or obligations under this
Agreement or the benefit thereof, without IGalen’s prior
written consent;

 

(d) 

not to appoint or
allow any person to carry out HotApp’s business without
IGalen’s express or written consent;

 

(e) 

only engage in the
scope of work in accordance with Clause 2 and not carry out any
regulated activity on behalf of IGalen;

 

(f) 

not to accept any
money on IGalen’s behalf UNLESS instructed in writing by
IGalen to do so;

 

(g) 

forward any
complaint regarding Project to IGalen as soon as possible;
and

 

4.2 

IGalen hereby
undertakes to pay HotApp in accordance with all rates defined in
Clause 3 above; and

 

 

Page 2 of
8

 

5.            

Intellectual
Property

 

5.1            

IGalen
warrants that:

 

(a) 

it has full legal
right to use and to authorize the use of the Licensed Marks and has
disclosed to HotApp all RELEVANT trade names and trademarks used by
IGalen as at the date of this Agreement; and

 

(b) 

the warranties in
this Clause are separate and independent and shall not be limited
by anything in this Agreement.

 

5.2
IGalen authorizes HotApp to use the Licensed Marks only for the
purpose of exercising its rights and performing its obligations
under this Agreement.

 

5.3
HotApp shall promptly inform IGalen of the following:

 

(a) 

any actual,
threatened or suspected infringement of the Licensed Marks and/or
formulae or patent which comes to the notice of HotApp;
and

 

(b) 

any claim by a
third party coming to its notice that the use of the Licensed Marks
and/or formulae or patents of IGalen infringes any rights of any
other person.

 

AND
HotApp shall at the request and expense of IGalen do all such
things as may be reasonably required to assist IGalen in taking or
resisting any proceedings in relation to any such infringement or
claim at the expense of IGalen.

 

5.4 

HotApp shall
not:

 

(a) 

alter, remove or
tamper with any of the Licensed Marks, numbers, or other means of
identification of IGalen; or

 

(b) 

use any of the
Licensed Marks in any way which may prejudice their distinctiveness
or the validity or the goodwill of IGalen therein.

 

5.5 

HotApp hereby
acknowledges that, except as expressly provided in this Agreement,
HotApp shall not acquire any rights in respect of the Licensed
Marks and/or formulae or patents pursuant to this
Agreement.

 

6. 

Indemnity

 

If any
party hereto shall for any reason whatsoever default, breach, fail
to comply with any of the covenants stipulations obligations and
undertakings on its part to be observed and performed as contained
in this Agreement then the defaulting party shall save harmless
indemnify and keep indemnified the other party against any
liabilities claims demands actions proceedings penalties
prosecution fines loss damage costs and expenses whatsoever that
may be made against and/or sustained suffered or otherwise incurred
whether directly or indirectly or however arising by the other
party by reason of or arising out of or in connection with such
breach failure or default provided that this clause shall be in
addition to and not in derogation of any other rights or remedies
of the other non-defaulting party as provided for in this Agreement
against such defaulting party.

 

 

Page 3 of
8

 

7 

Confidentiality

 

7.1 

For the purpose of
Clause 7 the term “Proprietary Information” shall
mean knowledge and information which the recipient Party may
acquire from employees, consultants, agents or representatives of
the disclosing Party or of its affiliated companies, respecting its
proprietary products and processes, know-how, business plan or
plans, inventions, trade secrets, and all other information which
may come to the knowledge of the receiving Party by whatever means
with regard to the business of the disclosing Party.

 

7.2 

Proprietary
Information shall be disclosed by the receiving Party only to those
of its Professional Consultants, employees, and employees of
affiliated companies, if any, who need to know such Proprietary
Information for the purposes of this Agreement, who have been
informed of the confidential nature of such information, and who
are obligated to keep such information in confidence. The receiving
Party shall be responsible for any violation of this Agreement by
such employees.

 

7.3 

Any Proprietary
Information supplied by one Party to the other shall be maintained
and kept confidential by the recipient at all times during the Term
of this Agreement and shall survive the termination of this
Agreement by five (5) years.

 

7.4 

The obligations set
forth in this Agreement shall not apply to any portion of the
Proprietary Information which the receiving Party can
prove:

 

(a)          

was already known
to the receiving Party prior to any disclosure by the disclosing
Party;

 

(b) 

was publicly
available prior to any disclosure by the disclosing Party, or
subsequently becomes public information through no breach of this
Agreement;

 

(c
) 

was received by the
receiving Party from a third party lawfully in possession of the
same and not in breach of any agreement or any confidential
relationship with the disclosing Party;

 

(d) 

was independently
developed by the receiving Party, its parent or affiliated
companies without reliance upon the Proprietary Information of the
disclosing Party; or

 

(e) 

was disclosed as a
requirement by any government or regulatory authority or stock
exchange having jurisdiction over such Party in order to comply
with any official directive or guideline, whether or not having the
force of law.

 

8. 

Termination

 

Either
Party may terminate this Agreement by providing a six (6) month
written notice to the other Party.

 

9. 

Binding
Effect

 

This
Agreement shall be binding upon the liquidators receivers permitted
assigns successors in title or the personal representative of the
parties.

 

 

Page 4 of
8

 

10.            

Public
Announcements

 

HotApp
agrees not to make any public announcements about discussions
regarding this Agreement or any other related information, plans or
proposals, whether in the form of a press release or otherwise,
without first consulting with and obtaining the written consent
from IGALEN,

 

11.            

Nature
of Agreement

 

11.1 

Nothing contained
in this Agreement shall create a partnership or joint venture or
relationship of principal and agent or employer and employee
between the Parties and neither Party hereto shall have any right
whatsoever to incur any liabilities or obligations on behalf or
binding upon the other Party; and that it will not at any time
represent orally or in writing to any person or corporation or
other business entity that it has any right, power or authority not
expressly granted by this Agreement.

 

11.2 

This Agreement
supersedes all previous agreements and understandings between the
Parties with respect thereto, and may not be modified except by an
instrument in writing signed by the duly authorized representatives
of the Parties.

 

11.3 

No remedy conferred
by any of the provisions of this Agreement is intended to be
exclusive of any other remedy which is otherwise available at law,
in equity, by statute or otherwise, and each and every other remedy
shall be cumulative and shall be in addition to every other remedy
given hereunder or now or hereafter existing at law, in equity, by
statute or otherwise. The election of any one or more of such
remedies by either Party shall not constitute a waiver by such
Party of the right to pursue any other available
remedy.

 

11.4 

If any provision of
this Agreement or part thereof becomes void, illegal or
unenforceable under any legislation to which it is subject to, the
validity, legality and enforceability of the remaining provisions
shall not in any way be affected or impaired AND the invalidity,
illegality and unenforceability of any provision or part of it
under this Agreement under the laws of one jurisdiction shall not
affect the validity, legality and enforceability of such provisions
under the laws of any other jurisdiction.

 

11.5 

Neither Party shall
transfer nor assign any of its rights, interest or obligations
under this Agreement without the prior written consent of the other
Party.

 

12.            

Severability

 

This
Agreement may be executed in any number of counterparts, each of
which shall be deemed an original, but all such counterparts shall
constitute one and the same instrument. Signatures may be exchanged
by facsimiles, with original signatures to follow. Each Party
agrees that it will be bound by its own facsimile signature and
that it accepts the facsimile signature of the other
Party.

 

13.            

Governing
Law

 

This
Agreement is governed by the laws of Singapore, without giving
effect to conflict of law principles. If any matter, dispute or
claim arising out of or relating to this Agreement or the breach or
termination hereof, cannot be agreed upon by the Parties hereto, or
cannot be settled amicably by the Parties hereto, each of the
parties irrevocably submit to th jurisdiction of the courts of
Singapore and waives any objection to proceedings in such courts on
the grounds of venue or on the grounds that the proceedings have
been brought in an inconvenient forum.

 

 

Page 5 of
8

 

14. 

Variation

 

This
Agreement shall constitute the whole agreement between the parties
hereto and it is expressly declared that no variation shall be
effective unless consented to by both parties hereto in
writing.

 

15. 

Notices

 

Any
notice, request or demand requiring to be served by any party
hereto to the other under the provisions of this Service Fee
Agreement shall be in writing and shall be delivered by registered
or certified mail, prepaid postage to the parties at the following
address (attention of such other person or such other address as
any party hereto may provide in accordance with this
clause):

 

Dato’ Dr. M.
Rajendran a/l V.Marnickavasagar

12th
Floor, Amcorp Trade Centre,

PJ
Tower, No. 18, Persiaran Barat Off Jalan Timur

46000
Petaling Jaya,

Malaysia

 

Chan
Heng Fai Ambrose

17B,
Greatmany Centre,

109-111
Queen’s Road East,

Hong
Kong

 

 

16.            

Interpretation

 

In this
Agreement for Services unless there is something in the subject or
context inconsistent with such construction or unless it is
otherwise expressly provided:-

 

(a) 

words importing the
masculine gender only include the feminine and neuter
genders;

 

(b) 

words importing the
singular number only include the plural and vice versa;
and

 

(c) 

words applicable to
human beings include any body of persons corporate or
unincorporate.

 

 

Page 6 of
8

 

 

 

 

 

IN
WITNESS WHEREOF the parties hereto have hereunto set their hands
and seals the day and year first abovewritten.

 

 

 

 

 

	

SIGNED
BY 

For and on behalf
of 

IGalen
International
Inc 

(Company
No.58156-96) 

Signatory’s
Full Name:

M
RAJENDRAN A/L V MARNICKAVASAGAR

Signatory’s
Designation: Director

Company
Seal:  

	
)

)

)

)

)

)

)

)

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
SIGNED BY
For and on behalf
of

HotApp
International Ltd

(Company No.
63550608)

Signatory’s
Full Name:

CHAN
HENG FAI AMBROSE

Signatory’s
Designation: Director

Company
Seal:

	
)

)

)

)

)

)

)

)

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

 

 

 

Page 7 of
8

 

 

SCHEDULE
1

 

 

	

1.

	

TERRITORY

	

 

a)
United States of America and Canada; AND

 

b)
Other Territories to be included upon mutual consent of the
parties.

 

	

2.

	

PROJECT
TIMELINES

	

The
project must be completed within twelve (12) calendar months from
the date of this Agreement.

	

3.

	

PROJECT
DELIVERABLES

	

 

a)
HotApp to develop an IGalen Mobile Application for all independent
distributors of IGalen including but not limited to:-

● Chat

● Calling (In App
Calling)

● Channel
Posting

● Mobile
Dashboard

● IGalen Public
Channel and customer service channel

● Integration to
IGalen MLM system backend

● Coordination of
MLM backend developer

 

b)
HotApp will provide all updates, upgrade, bug fixing and continuous
feature enhancement for

    IGalen
and a dedicated support staff for customer service.

 

c)
HotApp will provide infrastructure for calling, cloud service and
database management based

    on
Amazon Cloud Service (AWS).

 

d)
HotApp will deliver at least one new update every 3 months with
agreed functional

    requirement
with IGalen.

 

 

 

	
 

	

REPORTING

	

 

Reporting by email every seven (7) days in the form of interim
reports to provide regular status updates.

	

5

	

SERVICE
FEE

	

 

 

3% of
iGalen International Inc. revenue as development and support fee
for the IGalen Mobile Application in the year 2017

 

 

 

Page 8 of
8

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