Document:

Exhibit 10.10

EMPLOYMENT
AGREEMENT

THIS EMPLOYMENT AGREEMENT
(this “Agreement”), dated as of January 1, 2012 (the “Effective Date”), is entered into among
Bakken Resources, Inc., a Nevada corporation (the “Company”) and David Deffinbaugh (“Executive”).
Certain capitalized terms used in this Agreement are defined in Section 11 hereof.

The Company and Executive
desire to enter into this agreement relating to Executive's employment by the Company.

The parties hereto
agree as follows:

1.                 
Employment. The Company shall employ Executive, and Executive hereby agrees to be employed by the Company, upon the
terms and subject to the conditions set forth in this Agreement for the period beginning on the Effective Date and ending as provided
in Section 3 hereof (the “Employment Period”). Employment shall initially on a part-time basis until
such time as the Chief Executive Officer of the Company offers Executive full-time employment and such offer is accepted by Executive.

2.                 
Position and Duties.

(a)               
Position. During the Employment Period, Executive shall serve as the Chief Financial Officer of the Company and in
such capacity shall have the duties, responsibilities and authority that are normally associated with such office and as requested
by the board of directors of the Company (the “Board”) from time to time.

(b)              
Duties. Executive shall report directly to the Chief Executive Officer of the Company, and Executive shall devote
at least one half of his business time and attention (except for permitted vacation periods and periods of illness or incapacity
and other activities approved by the Board from time to time) to the business and affairs of the Company and its Subsidiaries.

3.                 
Termination. The Employment Period shall terminate on the first anniversary of the Effective Date (the “Initial
Term”) and shall automatically renew for successive one (1) year periods (each a “Successive Term”)
unless either party gives written notice to the other at least 60 days prior to the end of the Initial Term, or at least 60 days
prior to the end of any one (1) year renewal period, that the Agreement shall not be further extended. The date on which the Employment
Period terminates after any notice of non-renewal is referred to herein as the “Expiration Date. Notwithstanding the
foregoing, the Company and Executive agree that Executive is an “at-will” employee, subject only to the contractual
rights upon termination set forth herein, and that the Employment Period (a) shall terminate automatically at any time upon
Executive's death, (b) shall terminate automatically at any time upon the Board's determination of Executive's Disability,
(c) may be terminated by the Company at any time for any reason or no reason (whether for Cause or without Cause) by giving
Executive written notice of the termination, and (d) may be terminated by Executive for any reason or no reason (including
for Good Reason) by giving the Company written notice at least 60 days in advance of his termination date. Notwithstanding anything
herein to the contrary, in no event shall delivery of a notice of non-renewal by the Company be deemed a termination without Cause.
The date that

the Employment
Period is terminated for any reason is referred to herein as the “Termination Date.”

4.                 
Base Salary and Benefits.

(a)               
Base Salary. During the Employment Period, Executive's base salary shall be $60,000 per year (the “Base
Salary”). The Base Salary shall be reviewed annually. The Base Salary shall not be reduced prior to the Expiration Date,
and after any increase of such Base Salary approved by the Board, the term “Base Salary” in this Agreement shall refer
to the Base Salary as so increased. The Base Salary shall be payable in regular installments in accordance with the Company's general
payroll practices. Notwithstanding the foregoing, in the event that Executive accepts full time employment with the Company, the
Base Salary shall increase to a rate of $100,000 per year, effective as of the time of such full-time status.

(b)              
Expenses. The Company will reimburse Executive for temporary housing expenses in Helena, Montana, and all reasonable
travel and other business expenses incurred by Executive during the Employment Period in connection with the performance of his
duties and obligations under this Agreement as approved by the Chief Executive Officer, subject to Executive's compliance with
such limitations and reporting requirements with respect to expenses as may be established by the Company from time to time.

(c)               
Other Benefits. During the Employment Period and provided Executive is a full-time employee, Executive will be entitled
to participate in all compensation or employee benefit plans or programs and receive all benefits and perquisites for which similarly
situated executives of the Company generally are eligible under any plan or program now in existence or established later by the
Company, on the same basis as other similarly situated executives of the Company. Nothing in this Agreement will preclude the Company
from amending or terminating any of the plans or programs applicable to similarly situated executives of the Company as long as
such amendment or termination is applicable to similarly situated executives of the Company, as the case may be. In the event Executive
becomes a full-time employee of the Company, Executive shall be entitled to [________ (___) days of paid vacation and ________
(____) personal days each year, which may be taken in accordance with the Company's vacation policy].

(d)              
Indemnification. To the fullest extent permitted by law and the articles of incorporation of the Company, Executive
(and his heirs, executors and administrators) shall be indemnified by the Company and its successors and assigns for Executive’s
actions in his capacity as an officer or director of the Company. The obligations of the Company pursuant to this Section shall
survive the Employment Period.

5.                 
Severance.

(a)               
Termination without Cause or for Good Reason. If, prior to the Expiration Date, the Employment Period is terminated
by the Company without Cause or by Executive for Good Reason, or if the Company does not renew the Agreement at the end of the
Initial Term or any Successive Term thereafter Executive shall be entitled to receive during the Severance Period his
annual Base Salary as in effect immediately prior to the Termination Date, paid in the same manner and in the same installments
as previously paid. For the avoidance of doubt, in no

2

event shall
Executive be entitled to any bonus payment if Executive was not employed by the Company on the last day of the fiscal year during
which any such Performance Bonus was earned. When used herein, the “Severance Period” means the 12-month period
from and after the Termination Date.

(b)              
Death or Disability. In the event of the death or Disability of Executive during the Employment Period, the Company's
obligation to make payments or provide any other benefits under this Agreement shall cease as of the date of death or Disability
of Executive; provided, that Executive (or his estate) shall be entitled to receive (i) all earned or accrued but unpaid
Base Salary and reimbursement of expenses incurred by Executive prior to the Termination Date, (ii) any Performance Bonus that
was earned, but not paid, as of the Termination Date, and (iii) all amounts or benefits to which Executive is entitled under any
applicable employee benefit plan or arrangement of the Company in which Executive was a participant during his employment with
the Company, in accordance with the terms of such plan or arrangement.

(c)               
Other Termination. If the Employment Period is terminated by the Company for Cause or by Executive for any reason
other than Good Reason, Executive shall not be entitled to any severance payments and all of Executive's benefits shall cease to
be effective immediately as of the Termination Date (except as required by law); provided, that Executive shall be entitled
to receive all earned or accrued but unpaid Base Salary and reimbursement of expenses incurred by Executive prior to the Termination
Date.

(d)              
Other Benefits. Except as required by law or as specifically provided in this Section 5, the Company's obligation
to make any payments or provide any other benefits hereunder shall terminate automatically as of the Termination Date.

(e)               
Termination of Severance. If Executive breaches any of the provisions of Sections 6 and 7 hereof, or
engages in any Competitive Activity (as defined below) as described in Section 8 hereof, the Company shall no longer be
obligated to make any additional payments or provide any other benefits pursuant to this Section 5.

6.                 
Confidential Information. Executive acknowledges that the information, observations and data, whether in tangible
or intangible form (including, without limitation, trade secrets, know-how, research plans, business, accounting, distribution
and sales methods and systems, sales and profit figures and margins and other technical or business information, business, marketing
and sales plans and strategies, cost and pricing structures, suppliers, customer lists, business relationships, and information
concerning acquisition opportunities and targets nationwide in or reasonably related to any business or industry in which the Company
or its respective Subsidiaries is engaged), disclosed or otherwise revealed to him, or discovered or otherwise obtained by him
or of which he becomes aware, directly or indirectly, while employed by the Company or its Subsidiaries (including, in each case,
those obtained prior to the date of this Agreement) concerning the business or affairs of the Company or any of its respective
Subsidiaries (collectively, “Confidential Information”) are the property of the Company or its respective Subsidiaries,
as the case may be, and agrees that the Company has a protectable interest in such Confidential Information. Therefore, Executive
agrees that he shall not (during his employment with the Company or at anytime thereafter) disclose, furnish or make accessible

3

to any unauthorized
person or use for his own or any third party’s purposes any Confidential Information without the prior written consent of
the Board, unless and to the extent that the aforementioned matters: (a) become or are generally known to and available for use
by the public other than as a result of Executive's acts or omissions or (b) are required to be disclosed by judicial process or
law (provided that Executive shall give prompt advance written notice of such requirement to the Company
to enable the Company to seek an appropriate protective order or confidential treatment). Executive shall deliver to the
Company at the termination of the Employment Period, or at any other time the Company may request, all memoranda, notes, plans,
records, reports, computer tapes, printouts and software and other documents and data (and copies thereof) which constitute Confidential
Information or Work Product (as defined below) which he may then possess or have under his control. Executive acknowledges that
upon termination of his employment with the Company, the Company may deem it advisable to, and shall be entitled to, serve notice
on his new employer that Executive has been exposed to certain Confidential Information and that he has continuing obligations
under the terms of this Agreement not to disclose such information. The provisions of this Section 6 shall survive the termination
or expiration of the Employment Period, irrespective of the reason therefor.

7.                 
Work Product. Executive hereby assigns to the Company all right, title and interest in and to all inventions, developments,
methods, processes, designs, analyses, reports and all similar or related information (in each case whether or not patentable),
all copyrightable works, all trade secrets, confidential information and know-how, and all other intellectual property rights that
both (a) are conceived, reduced to practice, developed or made by Executive while employed by the Company and its Subsidiaries
and (b) either (i) relate to the Company's or any of its Subsidiaries' actual or anticipated businesses, research and development
or existing or future products or services, or (ii) are conceived, reduced to practice, developed or made using any of the equipment,
supplies, facilities, assets or resources of the Company or any of its Subsidiaries (including, but not limited to, any intellectual
property rights) (“Work Product”). Executive shall promptly disclose such Work Product to the Board and perform
all actions reasonably requested by the Board (whether during or after the Employment Period) to establish and confirm the Company's
ownership of the Work Product (including, without limitation, executing and delivering assignments, consents, powers of attorney,
applications and other instruments).

8.                 
Non-Competition and Non-Solicitation.

(a)               
Non-Competition.
If Executive engages in any Competitive Activity during the two year period following the Termination Date (“Non-Competition
Term”), Executive’s right to receive any remaining severance payments under Section 5(a) hereof shall immediately
terminate. Notwithstanding the foregoing, in the event Executive is terminated without cause or for good reason, the Non-Competition
Term shall be the one year period following the Termination Date. Executive shall be deemed to be engaged in a “Competitive
Activity” if he anywhere within the United States engages, directly or indirectly, alone or as a shareholder (other than
as a holder of less than one percent (1%) of the common stock of any publicly traded corporation), partner, officer, director,
employee, consultant or advisor, or otherwise in any way participates in or becomes associated with, any other business organization
that is involved or becomes involved with the oil and gas industry, in any State that the Company,
or any of its Subsidiaries, is conducting such business at the time of Executive’s termination or has notified

4

Executive that
it proposes to conduct such business and for which the Company has, prior to the time of such termination, expended substantial
resources.

(b)               
Non-Solicitation.
If Executive engages in any Solicitation Activity during the two year period following the Termination
Date (“Non-Solicitation Term”), Executive’s right to receive any remaining severance payments under Section
5(a) hereof shall immediately terminate. Executive shall be deemed to be engaged in “Solicitation
Activity” if he employs, retains or engages (as an employee, independent contractor or otherwise), or induces or attempts
to induce to be employed, retained or engaged, any Person who is or was during the Non-Solicitation Term an employee, consultant
or officer of the Company, induces or attempts to induce any Person who, as of the date hereof or at any time thereafter during
the term of this Agreement, is an employee, consultant, or officer of the Company to terminate his or her employment or other relationship
with the Company, or induces or attempts to induce any Person who, as of the date hereof or at any time thereafter during the term
of this Agreement, is a customer, or other contracting party with the Company to terminate or not renew or not extend any written
or oral agreement or understanding or other relationship with the Company, or to reduce the amount of business it conducts with
the Company.

9.                 
Enforcement. If, at the time of enforcement of any of Sections 6, 7 and 8, a court of competent
jurisdiction shall hold that the type, scope or duration of the restrictions stated herein are unreasonable under circumstances
then existing, the parties hereto agree that the maximum type, scope or duration reasonable under such circumstances shall be substituted
for the stated type, scope or duration and that the court shall be allowed and directed to revise the restrictions contained herein
to cover the maximum type, scope and duration permitted by applicable law. The parties hereto acknowledge and agree that
Executive's services are unique and he has access to Confidential Information and Work Product, that the
provisions of Sections 6, 7 and 8 are necessary, reasonable and appropriate for the protection of the
legitimate business interests of the Company and its respective Subsidiaries, that irreparable injury
will result to the Company and its respective Subsidiaries if Executive breaches any of the provisions of Sections 6,
7 and 8 and that money damages would not be an adequate remedy for any breach by Executive of this Agreement and
that the Company will not have any adequate remedy at law for any such breach. Therefore, in the event of a breach or threatened
breach of this Agreement, the Company or any of its successors or assigns, in addition to other rights and remedies existing in
their favor, shall be entitled to specific performance and/or immediate injunctive or other equitable relief from any court of
competent jurisdiction in order to enforce or prevent any violations of the provisions hereof (without the necessity of showing
actual money damages, or posting a bond or other security). Nothing contained herein shall be construed as prohibiting the Company
or any of its successors or assigns from pursuing any other remedies available to it for such breach or threatened breach, including
the recovery of damages.

10.             
Executive's Representations and Acknowledgements. Executive hereby represents and warrants to the Company that (i) the
execution, delivery and performance of this Agreement by Executive do not and shall not conflict with, breach, violate or cause
a default under any contract, agreement, instrument, order, judgment or decree to which Executive is a party or by which he is
bound, (ii) Executive is not a party to or bound by any employment agreement, non-competition agreement or confidentiality
agreement with any other Person, (iii) Executive shall not use any confidential information or trade secrets of any third
party in

5

connection
with the performance of his duties hereunder, and (iv) this Agreement constitutes the valid and binding obligation of Executive,
enforceable against Executive in accordance with its terms. Executive hereby acknowledges and represents that he has consulted
with independent legal counsel regarding his rights and obligations under this Agreement and that he fully understands the terms
and conditions contained herein and intends for such terms and conditions to be binding on and enforceable against Executive. Executive
expressly agrees and acknowledges that the restrictions contained in Sections 6, 7 and 8 do not preclude Executive
from earning a livelihood, nor do they unreasonably impose limitations on Executive's ability to earn a living. In addition, Executive
agrees and acknowledges that the potential harm to the Company of its non-enforcement outweighs any harm to Executive of its enforcement
by injunction or otherwise. Executive acknowledges that he has carefully read this Agreement and has given careful consideration
to the restraints imposed upon Executive by this Agreement, and is in full accord as to their necessity for the reasonable and
proper protection of the Confidential Information. Executive expressly acknowledges and agrees that each and every restraint imposed
by this Agreement is reasonable with respect to subject matter, time period and geographical area.

11.             
Definitions.

“Affiliate”
means, with respect to any Person, any Person controlling, controlled by or under common control with such Person.

“Board”
means the Board of Directors of the Company.

“Cause”
means (i) Executive’s material breach of the terms of any agreement between Executive and Company or of a material policy
or code of conduct of the Company, or any of its Subsidiaries; (ii) Executive’s material failure, neglect or refusal to perform
any duties of Executive hereunder other than by reason of Disability; (iii) Executive’s gross negligence or willful misconduct
in the performance of his duties to the Company or any of its Subsidiaries; (iv) Executive’s willful insubordination or disregard
of the legal directives of the Board which are not inconsistent with the scope of Executive’s duties and responsibilities;
(v) Executive’s engaging in misconduct which has a material adverse impact on the reputation, business, business relationships
or financial condition of the Company or any of its Subsidiaries; (vi) Executive’s commission of an act of fraud or embezzlement
against the Company or any of its Subsidiaries; (vii) any conviction of, or plea of guilty or nolo contendere by, Executive with
respect to a felony (other than a traffic violation), a crime involving moral turpitude, fraud, misrepresentation or which causes
material harm to the standing and reputation of the Company or any of its Subsidiaries; or (viii) Executive’s (A) use of
any illegal drug or (B) abuse or misuse of alcohol and/or prescription drugs which materially adversely affects the performance
of his duties to the Company or any of its Subsidiaries; provided, however, that Cause shall not be deemed to exist under clause
(ii) unless Executive has been given reasonably detailed written notice of the grounds for such Cause and Executive has not effected
a cure within fifteen (15) days of the date of receipt of such notice.

“Disability”
means (i) Executive has been deemed disabled for purposes of any group or individual disability policy paid for by the Company
that is in effect at the time of such disability; or (ii) the Board, in good faith, has determined Executive is substantially unable
to

6

perform his duties
under this Agreement for a period in excess of 120 days (whether or not consecutive)

“Good Reason”
means, without Executives prior written consent, any of the following, (i) a material diminution in the Executive’s base
compensation; (ii) a material diminution in the Executive’s authority, duties or responsibilities; (iii) any material breach
of this Agreement by the Company; (iv) a required change in location of Executive’s primary place of work of more than 35
miles from Executive’s present employment location and from his primary residence; provided that the events described
in clauses (i), (ii), (iii), and (iv) above shall constitute Good Reason only if the Company fails to cure such event within 30
days after receipt from Executive of written notice of the event which constitutes Good Reason if such events are curable. In addition,
Good Reason shall cease to exist for an event on the 60th day following the later of its occurrence or Executive’s
knowledge thereof, unless Executive has given the Company written notice thereof prior to such date. “Person”
means an individual, a partnership, a limited liability company, a corporation, an association, a joint stock company, a trust,
a joint venture, an unincorporated organization and a governmental entity or any department, agency or political subdivision thereof.

“Subsidiary”
means, with respect to any Person, any corporation, limited liability company, partnership, association or business entity of which
(i) if a corporation, a majority of the total voting power of shares of stock entitled (without regard to the occurrence of
any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly
or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof or (ii) if
a limited liability company, partnership, association or other business entity (other than a corporation), a majority of partnership
or other similar ownership interests thereof is at the time owned or controlled, directly or indirectly, by any Person or one or
more Subsidiaries of that Person or a combination thereof. For purposes hereof, a Person or Persons shall be deemed to have a majority
ownership interest in a limited liability company, partnership, association or other business entity (other than a corporation)
if such Person or Persons shall be allocated a majority of limited liability company, partnership, association or other business
entity gains or losses or shall be or control any managing director or general partner of such limited liability company, partnership,
association or other business entity. For purposes hereof, references to a “Subsidiary” of any Person shall be given
effect only at such times that such Person has one or more Subsidiaries, and, unless otherwise indicated, the term “Subsidiary”
refers to a Subsidiary of the Company.

12.             
Notices. Any notice provided for in this Agreement must be in writing and must be either personally delivered, mailed
by first class mail (postage prepaid and return receipt requested), sent by reputable overnight courier service (charges prepaid),
e-mailed or faxed to the recipient at the address below indicated:

To Company:

Bakken Resources, Inc.

Attn: Val M. Holms

1425 Birch Ave, Ate A

Helena, MT 59601

7

To Executive:

 

David Deffinbaugh

48 Carol Drive,

Great Falls, MT 59405

Tel. No.: (406) 454 8888

Telecopy No.: (406) 454 8889

or such other address or to the attention
of such other person as the recipient party shall have specified by prior written notice to the sending party. Any notice under
this Agreement shall be deemed to have been given when personally delivered, one (1) business day after sent by reputable overnight
courier service, five (5) calendar days after deposit in the U.S. mail (or when actually received, if earlier), or at such time
as it is transmitted via e-mail or facsimile, with receipt confirmed.

13.             
General Provisions.

(a)               
Expenses. The Company and Executive will each pay their own costs and expenses incurred in connection with the negotiation
and execution of this Agreement and the agreements contemplated hereby.

(b)              
Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective
and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect
under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other
provision or any other jurisdiction, but this Agreement shall be reformed, construed and enforced in such jurisdiction as if such
invalid, illegal or unenforceable provision had never been contained herein.

(c)               
Complete Agreement. This Agreement, those documents expressly referred to herein and other documents of even date
herewith embody the complete agreement and understanding among the parties and supersede and preempt any prior understandings,
agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in
any way.

(d)              
Counterparts. This Agreement may be executed in separate counterparts, each of which is deemed to be an original
and all of which taken together shall constitute one and the same agreement.

(e)               
Successors and Assigns. Except as otherwise provided herein, this Agreement shall bind and inure to the benefit of
and be enforceable by Executive, and the Company, and their respective successors and assigns, including any entity with which
the Company may merge or consolidate or to which all or substantially all of its assets may be transferred; provided, that
the rights and obligations of Executive under this Agreement shall not be assignable.

8

(f)                
Governing Law. All issues and questions concerning the construction, validity, enforcement and interpretation of
this Agreement and the exhibits and schedules hereto shall be governed by, and construed in accordance with, the laws of the State
of Montana, without giving effect to any choice of law or conflict of law rules or provisions (whether of the State of Montana
or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Montana.

(g)               
Remedies. Each of the parties to this Agreement shall be entitled to enforce his or its rights under this Agreement
specifically, to recover damages and costs (including reasonable attorney's fees) caused by any breach of any provision of this
Agreement and to exercise all other rights existing in its favor. The parties hereto agree and acknowledge that money damages would
not be an adequate remedy for any breach of the provisions of this Agreement and that any party may in its sole discretion apply
to any court of law or equity of competent jurisdiction (without posting any bond or deposit) for specific performance and/or other
injunctive relief in order to enforce or prevent any violations of the provisions of this Agreement.

(h)               
Amendment and Waiver. The provisions of this Agreement may be amended and waived only with the prior written consent
of the Company and Executive.

(i)                 
Business Days. If any time period for giving notice or taking action hereunder expires on a day which is a Saturday,
Sunday or legal holiday in the state in which the Company's chief executive office is located, the time period shall be automatically
extended to the business day immediately following such Saturday, Sunday or holiday.

(j)                
No Strict Construction. The language used in this Agreement shall be deemed to be the language chosen by the parties
hereto to express their mutual intent, and no rule of strict construction shall be applied against any party.

 

 

*     *     *     *

9

IN WITNESS WHEREOF,
the parties hereto have executed this Agreement on February 10th, 2012.

BAKKEN RESOURCES, INC.

 

 

By:___________________________

Name: Val M. Holms

Title: Chief Executive Officer

 

 

EXECUTIVE

 

 

______________________________

Name: David Deffinbaugh

 

 

 

Signature Page to Employment Agreementex10-1.htm

Exhibit 10.1

Agreement

 

- Beccari Antonio, Via Petronace, 13 -25124 Brescia - Italy

- Robert Lucas, 28730 Altessa Way, # 201 Bonita Springs, FL 34135 USA 

 

Premised that

 

1.  Beccari is President and major shareholder of the company Euramerica Holdings Corp. (hereinafter referred to as Euramerica) constituted in the State of Delaware based in 16192 Coastal Hwy, Lewes, DE 19958

 

2.  Euramerica has as its objective the financial management of participating interests in several fields either in the United States and in Europe.

 

3.  Beccari shall expedite Euramerica company development with the objective of locating businesses that can increase the cash flow of the company which is a prerequisite for the quotation in the OTC BB.

 

4.  Lucas is an individual trader with extensive relations in the business community in the United States and manages some activities in the financial field and business relating to the businesses of Euramerica.

 

5.  Lucas has expressed to Beccari his desire to collaborate with Euramerica proposing to acquire, acting as a go-between, some participations in business sectors with considerable economic potential that can be developed quickly and yield substantial cash flow. Moreover, this collaboration might also result in the entrance of new investors that would give a boost to the company development.

 

6. Beccari considers that Lucas' proposals and vision may have a great impact in the strategy of Euramerica global development, and for this reason, recognizing Lucas' professional skills, he has expressed to Lucas that he would positively take into account these opportunities in case Lucas became shareholder of Euramerica and member of the Executive Board as CEO.

 

7.  Lucas has shown great interest in the proposal of Beccari because he shares Euramerica goals, having declared he was willing to become shareholder of the company and at the same time accepting to be CEO of Euramerica.

 

8.  Beccari, being President of Euramerica and majority shareholder, has every power to bind himself and Euramerica towards Lucas to sign this agreement.

 

NOW THEREFORE THE PARTIES HERETO AGREES AS FOLLOWS 

 

A.   The premises shall form an integral part of this agreement

 

B.    Lucas undertakes to sign irrevocably, within 90 days from the date of this agreement, n. 5,000,000 new "restricted" ordinary Euramerica shares priced at $ 0,01 per share for a total amount of $ 50,000. (US Dollars).  Beccari agrees to distribute stock to individuals named by Lucas instead of him directly as a way of Lucas fulfilling obligations to certain parties which may have helped Lucas, or be affected by the acceptance of his CEO position.

 

  

  

  

C.    Lucas undertakes, moreover, to place, within 90 days from the date of the present agreement, among friends and acquaintances, N. 1.000.000 of new Euramerica shares at the price of $0.25 per share, illustrating EurAmerica development  plan and the role he has taken on.

 

D.    Should what anticipated in previous sections B) and C) be realized by Lucas on schedule, Beccari undertakes to assign to Lucas N. 5.373.386 of his shares free of charge, that shall be “restricted” for 36 months.

 

E.     Once underwritten the shares, as referred to previous section B),  Lucas will be appointed CEO of Euramerica with ordinary administration powers . As CEO, Lucas shall not receive any compensation except for a reimbursement of expenses pertaining to his role that will be carried out through the issue of a company debit-card.

 

F.     As far as previous section E) is concerned , Beccari, being major shareholder of Euramerica, undertakes to ratify, in a shareholders' Meeting specially summoned, the nomination of Lucas as CEO of Euramerica, entrusting him with the necessary powers for the ordinary company management. The powers for the ordinary management will be provided for in Euramerica By-Law in course of modification.

 

G.    Lucas shall not sell for at least 18 months from the date of this agreement, the purchased shares as referred to in section B).  Those which he has obtained free of charge as referred to in section D) may not be sold for 3 years, and therefore such shares shall not be registered with the SEC before those dates.

 

H.    Lucas undertakes to undersign, once he has become shareholder of all or part of the shares as referred to in sections B) and D), a shareholders' agreement together with the other shareholders, for the corporate governance and in order to regulate the assignment of shares.

 

I.     Should Lucas renounce to his mandate as CEO ahead of three years, he shall give back to Beccari the shares he had received free of charge, as referred to in previous section D).

 

J.     On taking up the role of CEO of Euramerica, Lucas shall put at the Company disposal part of his office in Naples (United States) in order to grant the company the following:

 

a. Employ his Secretary part time for administrative tasks of the company;

 

b. Install a server to hold and store the entire digital accounting and documentation of Euramerica and its subsidiaries;

 

c. Use the street address for sending and receiving mail;

 

d. Obtain a cellular telephone with a specific number assigned to the company.

 

K.    As far as previous section J) a-c is concerned, Euramerica shall pay to Lucas the sum of $24,000 per year, payable by the 15th of the month in April, and October of each year. The expenses referred to in sections b. and d. shall be charged to Euramerica and reimbursed to Lucas each month.

 

  

  

  

L.    Beccari, and EurAmerica Holdings Corporation, attest by the signature below that all business transactions and activities exercised in Italy, or any other European Country, in regards to bringing investments to EurAmerica Holdings Corp. in the United States of America, are being transacted in accordance with all European laws, mandates, and requirements.  EurAmerica Holdings Corp agrees to supply an opinion letter or memorandum from their attorney stating that the company is in compliance with all state and federal laws pertaining to its efforts in the various countries where it is engaged in raising money.  Letter to be supplied no later than when stock is transferred.

It is fully understood that Lucas is responsible to oversee the legal and contractual documents as they relate to American Investments, but has no responsibility of what takes place as far as the legal and contractual paperwork between European parties contracting with EurAmerica Holdings Corporation from the European side.

 

M.   In the event a dispute shall arise between the parties to this agreement, it is hereby agreed that the dispute shall be resolved designating a specific USA&M office or alternate service by agreement of the parties for arbitration in accordance with the applicable United States Arbitration and Mediation Rules of Arbitration. The arbitrator's decision shall be final and legally binding and judgment may be entered thereon. Each party shall be responsible for its share of the arbitration fees in accordance with the applicable Rules of Arbitration.  In the event a party fails to proceed with arbitration, unsuccessfully challenges the arbitrator's award, or fails to comply with the arbitrator's award, the other party is entitled to costs of suit, including a reasonable attorney's fee for having to compel arbitration or defend or enforce the award.

 

Read, confirmed and signed by the parties this 21 day of March 2012.

/s/ Robert R. Lucas                                                                             /s/ Antonio Beccari                   

Robert R. Lucas, CEO                                                                        Antonio Beccari, President

Shares of stock to be assigned as:

5,000,000 purchased...

3,000,000 – Moxy Trading LLC

2,000,000 – Robert R. Lucas

5,373,386 From Beccari...

1,330,000- Brian Tansey (gift from Lucas)

2,000,000 – Goran Blagojevic (gift from Lucas)

2.043,386 -To Robert R. Lucas

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00202-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00202-of-00352.parquet"}]]