Document:

Exhibit 10.2 

 

Exhibit 10.2

 

THIS REVOLVING PROMISSORY NOTE HAS NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND HAS BEEN ACQUIRED FOR INVESTMENT
AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISPOSITION MAY BE EFFECTED WITHOUT
AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL FOR THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED
UNDER THE SECURITIES ACT.

______________________________________________________________________________

 

 

$100,000As of December 28, 2011

Orange County, California

 

 

REVOLVING PROMISSORY NOTE

 

In consideration of such
advances (hereinafter “Advance” or “Advances”) as Marichelle Stoppenhagen, or its assigns
(collectively, “Holder”), from time to time may make hereon to or for the benefit of Myskin,
INC., a California corporation (the “Company”), at such other place as the parties may mutually agree,
pursuant to the Revolving Credit Commitment, as defined below, up to the maximum aggregate principal amount of One Hundred Thousand
U.S. Dollars ($100,000) (the “Maximum Aggregate Amount”), the Company hereby promises to pay to Holder the principal
amount of all Advances, together with accrued interest thereon from the date of such Advances, all subject to the terms and conditions
set forth below.

 

Revolving Credit
Commitment.

Advances. The
Holder agrees to make Advances to the Company from time to time during the Revolving Credit Commitment Period, as defined below,
in an aggregate principal amount at any one time outstanding which does not exceed the Maximum Aggregate Amount (the “Revolving
Credit Commitment”). During the Revolving Credit Commitment Period, the Company may use the Revolving Credit Commitment
by borrowing, prepaying any Advances in whole or in part, and re-borrowing, all in accordance with the terms and conditions hereof.

1.2Interest.
Interest shall accrue from the date of any Advances on any principal amount withdrawn, and on accrued and unpaid interest thereon,
at the rate of six percent (6%) per annum, compounded annually.

Revolving Credit
Commitment Period. The revolving credit commitment period (the “Revolving Credit Commitment Period”) shall
commence as of the date hereof and shall expire on December 31, 2012 (the “Expiration Date”).

Procedure for
Revolving Credit Advances.

The Company may request
Advances under the Revolving Credit Commitment during the Revolving Credit Commitment Period on any day of the week, Monday through
Friday, 9 a.m. through 5 p.m., Pacific Time, (hereinafter referred to as any “Business Day” or “Business
Days”), provided that the Company shall give the Holder irrevocable notice (which notice must be received by the
Holder prior to 12:00 Noon, Pacific Time) one (1) Business Day prior to the requested Advance date, specifying (i) the amount of
the Advance, and (ii) the requested Advance date. Each Advance under the Revolving Credit Commitment shall be in an amount equal
to $5,000 or a whole multiple of $5,000 in excess thereof. Upon receipt of any such notice from the Company, the Holder will make
the amount of the Advance available prior to 12:00 Noon, Pacific Time, on the Advance date requested by the Company in funds immediately
available to the Company.

The Holder shall maintain
in accordance with its usual practice an account or accounts evidencing indebtedness of the Company to the Holder resulting from
each Advance from time to time, including the amounts of principal and interest payable and paid to the Holder from time to time
under this Note. The parties acknowledge and agree that as of the date hereof, an aggregate principal amount of $65,000 in Advances
is outstanding.

Repayment Procedure.

General. Repayment
on any Advances shall be made in lawful tender of the United States. Any payments on this Note made during the Revolving Credit
Commitment Period, as defined below, shall be credited first to any interest due and the remainder to principal.

Repayment of Principal
and Interest. All outstanding and unpaid principal, and all outstanding and accrued unpaid interest, shall become due and payable
on and as of the Expiration Date.

4.3Optional
Prepayment. The Company may, at any time and from time to time and without penalty, prepay all or any portion of the accrued
and unpaid interest on this Note and any outstanding principle amount of this Note.

Transfers.

Holder acknowledges
that this Note has not been registered under the Securities Act of 1933, and agrees not to sell, pledge, distribute, offer for
sale, transfer or otherwise dispose of this Note in the absence of (i) an effective registration statement under the Securities
Act as to this Note and registration or qualification of this Note under any applicable Blue Sky or state securities laws then
in effect, or (ii) an opinion of counsel, satisfactory to the Company, that such registration and qualification are not required.

Subject to the provisions
of Section 5.1 hereof, this Note and all rights hereunder are transferable, in whole or in part, upon surrender of the Note
with a properly executed assignment, in the form prescribed by the Company, at the principal office of the Company; provided,
however, that this Note may not be transferred in whole or in part without the prior written consent of the Company.

Until any transfer
of this Note is made in the Note register, the Company may treat the registered Holder of this Note as the absolute owner hereof
for all purposes; provided, however, that if and when this Note is properly assigned in blank, the Company may (but shall
not be required to) treat the bearer hereof as the absolute owner hereof for all purposes, notwithstanding any notice to the contrary.

The Company will maintain
a register containing the name and address of the registered Holder of this Note. Any registered Holder may change such registered
Holder’s address as shown on the Note register by written notice to the Company requesting such change.

In the discretion of the
Company, the Company may condition any transfer of all or any portion of this Note (other than a disposition satisfying the conditions
set forth in clause (i) of Section 5.1 above) upon the transferee’s delivery to the Company of a written agreement,
in form and substance satisfactory to the Company, whereby the transferee agrees to be bound by the transfer restrictions set forth
in this Section 5.

 

Events of Default.

Events of Default.
The occurrence of any or all of the following events shall constitute an event of default (each, an “Event of Default”)
by the Company under this Note:

(i)Default by the
Company in any payment on this Note after any such payment becomes due and payable; or

 

(ii)Breach by the Company of any material
provisions of any agreement between the Company and the Holder; or

 

(iii)The Company shall file a voluntary
petition in bankruptcy or any petition or answer seeking for itself any reorganization, readjustment, arrangement, composition
or similar relief; or shall commence a voluntary case under the federal bankruptcy laws; or shall admit in writing its insolvency
or its inability to pay its debts as they become due; or shall make an assignment for the benefit of creditors; or shall apply
for, consent to, or acquiesce in the appointment of, or the taking of possession by, a trustee, receiver, custodian or similar
official or agent of the Company or of substantially all of its property and shall not be discharged within ninety (90) days; or
a petition seeking reorganization, readjustment, arrangement, composition or other similar relief as to the Company under the federal
bankruptcy laws or any similar law for the relief of debtors shall be brought against the Company and shall be consented to by
it or shall remain undismissed for ninety (90) days.

 

Consequence of
Default. Upon the occurrence of any Event of Default, the Holder shall be held in a first credit position on the entire amount
due on this Note, and, this Note shall immediately become due and payable upon written notice from the Holder, and, from the time
of the Company’s receipt of such written notice until this Note shall be paid in full, the unpaid outstanding principal balance
of this Note shall bear interest at the rate of ten percent (10%) per annum or the legal rate of interest, whichever is lower,
(calculated on the basis of a three hundred sixty-five (365) day year for the actual number of days elapsed) (the “Default
Rate”). Moreover, after the occurrence of any such Event of Default, the Holder may proceed to protect and enforce its
rights, at law, in equity or otherwise, against the Company.

Payment of Costs
and Expenses. In the event that this Note is placed in the hands of any attorney for collection, or any suit or proceeding
is brought for the recovery or protection of the indebtedness hereunder, then and in any such events, the Company shall pay on
demand all reasonable costs and expenses of such suit or proceedings incurred by the Holder, including a reasonable attorneys'
fee.

Miscellaneous.

Delay. No extension
of time for payment of any amount owing hereunder shall affect the liability of the Company for payment of the indebtedness evidenced
hereby. No delay by the Holder or any holder hereof in exercising any power or right hereunder shall operate as a waiver of any
power or right hereunder.

Waiver and Amendment.
No waiver or modification of the terms of this Note shall be valid without the written consent of the Holder.

Governing Law.
This Note shall be governed by and construed in accordance with the laws of the State of California as applied to contracts entered
into between California residents wholly to be performed in California, without regard to conflict of law principles of such State.

Severability.
In case any provision contained herein (or part thereof) shall for any reason be held to be invalid, illegal, or unenforceable
in any respect, such invalidity, illegality, or other unenforceability shall not affect any other provision (or the remaining part
of the affected provision) hereof, but this Note shall be construed as if such invalid, illegal, or unenforceable provision (or
part thereof) had never been contained herein, but only to the extent that such provision is invalid, illegal, or unenforceable.

Notice. All
notices and other communications among the parties shall be in writing and shall be deemed to have been duly given when (i) delivered
by email or in person, or (ii) five (5) days after posting in the U.S. mail as registered mail or certified mail, return receipt
requested, or (iii) delivered by telecopier and promptly confirmed by delivery in person or post as aforesaid in each case, with
postage prepaid, addressed as follows:

If to the Company, to:

 

MySkin, Inc.

Marichelle@myskinmed.com

 

 

 

If to the Holder, to:

 

Marichelle Stoppenhagen

Marichelle13@hotmail.com

 

 

IN WITNESS WHEREOF, the
Company has caused this Note to be duly executed and delivered by its authorized officer as of the date first above written.

 

 

MYSKIN, INC., a California corporation

 

 

By:/s/ MARICHELLE STOPPENHAGEN

Name:Marichelle Stoppenhagen

Title:President

 

 

 

ACKNOWLEDGED:

 

Marichelle Stoppenhagen

 

 

By:/s/ MARICHELLE STOPPENHAGEN

Name:Marichelle Stoppenhagen

 

 

 

 

     

     

    

 Schedule A 

 Liens 

 None 

   

    	

    	 

    
SECURITY AGREEMENT

THIS SECURITY
AGREEMENT (the “Security Agreement”) is entered into as of December 28, 2011, by and between MARICHELLE
STOPPENHAGEN (“Lender”) and MYSKIN,
INC., a California corporation (“Debtor”).

RECITALS

A.Debtor has issued to Lender a Revolving
Promissory Note (such Note, as the same may be modified, amended, supplemented or restated from time to time, the “Note”)
in the aggregate principal amount of $100,000. All terms not otherwise defined herein shall have the meaning set forth in the Note.

B.As security for the payment and
performance of its obligations to the Lender under the Note, it is the intent of Debtor to grant to Lender a security interest
in all of the Collateral, on the terms and conditions provided herein.

AGREEMENT

NOW, THEREFORE, in consideration of the
above Recitals and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, Debtor
hereby agrees as follows:

Grant of Security Interest. Debtor hereby pledges
and grants to Lender, a security interest in the Collateral (as defined in Section 2) to secure payment and performance of
the Obligations (as defined in Section 3).

Collateral. The collateral shall consist of all right,
title and interest of Debtor as of the date hereof in and to the following properties, assets and rights of the Debtor, wherever
located (all of the same being hereinafter called, the “Collateral”): all personal and fixture property of every
kind and nature including, without limitation, all goods (including, without limitation, inventory, equipment (including, without
limitation, computer hardware and software, furniture, furnishings and fixtures), instruments (including, without limitation, promissory
notes), documents, accounts, chattel paper (whether tangible or electronic), deposit accounts, letter-of-credit rights, securities
and all other investment property, supporting obligations, any other contract rights or rights to the payment of money, insurance
claims and proceeds, patents and patent applications, copyrights and copyrighted works, trademarks, service marks and logos, computer
software programs, and all general intangibles (including all payment intangibles). For the avoidance of doubt, the Collateral
specifically excludes any and all personal property of Debtor acquired after the date hereof.

Obligations. The obligations of Debtor secured by
this Security Agreement shall consist of any and all debts, obligations and liabilities of Debtor to Lender, whether now existing
or hereafter arising, voluntary or involuntary, whether or not jointly owed with others, direct or indirect, absolute or contingent,
liquidated or unliquidated, and whether or not from time to time decreased or extinguished and later increased, which are created
or incurred, arising out of, connected with or related to the Note, including, without limitation, this Security Agreement and
all amendments of the Note (collectively, the “Obligations”).

Representations and Warranties. Debtor hereby represents
and warrants to Lender as of the date hereof, that: (a) except for the liens listed on Schedule A attached to the Note,
and the liens granted to Lender hereunder, Debtor is the owner of the Collateral with the right, power and authority to grant a
security interest in its right, title and interest therein to Lender and no other person has any right, title, claim, license or
interest (by way of security interest or other lien, charge or otherwise) in, against or to the Collateral; (b) Debtor has
full power and authority to execute this Security Agreement and perform its obligations hereunder, and to subject the Collateral
to the security interest created hereby; (c) this Security Agreement is effective to create a valid security interest and,
upon the filing of the appropriate financing statements, a perfected security interest in favor of Lender in the Collateral, and
(d) all action by Debtor necessary to protect and perfect such security interest has been duly taken.

Covenants of Debtor. Debtor hereby agrees (a) to
do all acts that may be necessary to maintain, preserve and protect the Collateral and not to fail to renew and not to abandon
any Collateral; (b) to pay promptly prior to delinquency all taxes, assessments, charges, encumbrances and liens now or hereafter
imposed upon or affecting any Collateral; (c) to notify Lender promptly of any change in Debtor’s name or place of business,
or, if Debtor has more than one place of business, its chief executive office; (d) to procure, execute and deliver from time
to time any endorsements, assignments, financing statements and other writings reasonably necessary to perfect, maintain and protect
Lender’s security interest hereunder and the priority thereof; (e) to permit Lender to inspect the Collateral at any
reasonable time, wherever located; (f) not to sell, encumber or otherwise dispose of or transfer any Collateral or right or
interest therein except as hereinafter provided, and to keep the Collateral free of all security interests, other liens or charges,
except those approved in writing by Lender; (g) to keep the Collateral in good order and repair; (h) to keep the Collateral
and the records concerning the Collateral at the location(s) set forth in Section 16 and not to remove the Collateral from such
location(s) without fifteen (15) days notice to Lender; and (i) to comply with all laws, regulations and ordinances relating
to the possession and control of the Collateral.

Authorized Action by Lender. In the event any principal
of the Note is not paid when due, Debtor hereby designates and appoints Lender as attorney-in-fact of Debtor irrevocably and with
power of substitution, with authority to execute and deliver for and on behalf of Debtor any and all instruments, documents, agreements
and other writings necessary or advisable for the exercise on behalf of Debtor of any rights, benefits or options created or existing
under or pursuant to this Security Agreement; provided, that Lender shall deliver to the Debtor a copy of any such instruments,
documents, agreements and other writings. This power of attorney being coupled with an interest is irrevocable while any of the
Obligations shall remain unpaid. It is further agreed and understood between the parties hereto that such care as Lender gives
to the safekeeping of its own property of like kind shall constitute reasonable care of the Collateral when in Lender’s control.

Default and Remedies. In the event any principal of
the Notes is not paid when due, Lender may, at its option, do any one or more of the following: (a) foreclose or otherwise
enforce Lender’s security interest in any manner permitted by law, or provided for in this Security Agreement; (b) sell,
lease or otherwise dispose of any Collateral at one or more public or private sales, whether or not such Collateral is present
at the place of sale, for cash or credit or future delivery, on such terms and in such manner as Lender may determine; (c) recover
from Debtor all costs and expenses, including, without limitation, reasonable attorneys’ fees, incurred or paid by Lender
in exercising any right, power or remedy provided by this Security Agreement or by law; and (d) enter onto property where
any Collateral is located and take possession thereof with or without judicial process. In the event any principal of the Note
is not paid when due, Debtor agrees to execute any and all documents reasonably requested by Lender to enable it to exercise its
rights hereunder.

Cumulative Rights. The rights, powers and remedies
of Lender under this Security Agreement shall be in addition to all rights, powers and remedies given to Lender by virtue of any
statute or rule of law, the Note or any other agreement, all of which rights, powers and remedies shall be cumulative and may be
exercised successively or concurrently without impairing Lender’s security interest in the Collateral.

Waiver. Any forbearance or failure to delay by Lender
in exercising any right, power or remedy shall not preclude the further exercise thereof, and every right, power or remedy of Lender
shall continue in full force and effect until such right, power or remedy is specifically waived in a writing executed by Lender.

Successors and Assigns; Amendment. This Security Agreement
and all rights and obligations hereunder shall be binding upon Debtor and its successors and assigns, and shall inure to the benefit
of Lender and its respective successors and assigns. Neither this Security Agreement nor any term hereof may be changed, waived,
discharged or terminated except by a written instrument expressly referring to this Security Agreement and to the provisions so
modified or limited, and executed by the parties hereto.

Entire Agreement; Severability. This Security Agreement
and the Note contain the entire agreement between Lender and Debtor with regard to the subject matter hereof. If any of the provisions
of this Security Agreement shall be held invalid or unenforceable, this Security Agreement shall be construed as if not containing
those provisions and the rights and obligations of the parties hereto shall be construed and enforced accordingly.

Choice of Law. THIS SECURITY AGREEMENT AND ALL AMENDMENTS,
SUPPLEMENTS, WAIVERS AND CONSENTS RELATING HERETO SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
CALIFORNIA WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW. Where applicable and except as otherwise defined herein, terms
used herein shall have the meanings given them under California Law.

Residence; Trade Name; Collateral Location Records.
Debtor represents and warrants that its chief executive office is located at the address set forth on the signature page to this
Security Agreement.

Notice. All notices and other communications required
to be delivered to any party (a) must be in writing, (b) must be personally delivered, transmitted by a recognized courier service
or transmitted by facsimile, and (c) must be directed to such party at its address or facsimile number set forth on the signature
pages to this Security Agreement. All notices will be deemed to have been duly given and received on the date of delivery if delivered
personally, three (3) days after delivery to the courier if transmitted by courier, or the date of transmission with confirmation
if transmitted by facsimile, whichever occurs first. Any party may change its address or facsimile number for purposes hereof by
notice to all other parties.

Miscellaneous. This Security Agreement may be executed
in two or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same
instrument. This Security Agreement may only be amended by a writing duly executed by the parties hereto. The headings contained
herein are for reference purposes only and shall not affect in any way the meaning or interpretation of this Security Agreement.

[REMAINDER OF PAGE INTENTIONALLY LEFT
BLANK]

     

     

    

IN WITNESS WHEREOF, the parties hereto
have caused their duly authorized representatives to execute this Security Agreement as of the date first set forth above.

	“Debtor”	“Lender”
	
        MYSKIN, INC.,

        a California corporation

         

         

        By:/s/ MARICHELLE STOPPENHAGEN

        Name: Marichelle Stoppenhagen

        Title:President
	
        MARICHELLE STOPPENHAGEN

         

         

         

        By:/s/ MARICHELLE STOPPENHANGEN

        Name: Marichelle Stoppenhagen

        Title:Self

         

 

	Address:	Address:
	
        MySkin, Inc.

        410 32nd St., Ste. 203

        Newport Beach, CA 92663

        Attn: President

         
	
        Marichelle Stoppenhagen.

        

        

         

        Attention: President

        Attn:Exhibit 10.3

 

MySkin, Inc.

 

CONSULTING, CONFIDENTIALITY AND PROPRIETARY
RIGHTS AGREEMENT

 

This Consulting,
Confidentiality and Proprietary Rights Agreement ("Agreement") is entered into as of the 1stth day of December,
2007(the “Effective Date”) by and between MySkin, Inc., a California corporation (the “Company”), and Marichelle
Stoppenhagen (“Consultant”).

 

WHEREAS, the Company
desires to engage Consultant to provide certain services as set forth on Schedule attached hereto and as specified from time to
time by the Company.

 

NOW, THEREFORE,
in consideration of the foregoing and the mutual covenants and conditions contained herein, the parties hereto agree as follows:

 

1. Engagement.
The Company hereby engages Consultant to perform, using Marichelle Stoppenhagen ( the “Principal”), those duties set
forth in the Schedule attached hereto and such other duties as may be requested from time to time by the Chief Executive Officer
or Board of Directors of the Company. Consultant hereby accepts such engagement upon the terms and subject to conditions set forth
in this Agreement.

 

2. Compensation.
For the services rendered by Consultant under this Agreement, the Company shall pay to Consultant the compensation specified in
the Schedule, subject to the terms and conditions set forth in this Agreement.

 

3. Term and Survivability.
The term of this Agreement shall be for a period of one year from the Effective Date. Notwithstanding the foregoing, Company may
terminate this Agreement on or after one month from the Effective Date by providing written advance notice to Consultant and Consultant
may terminate this Agreement on or after one month from the Effective Date by one-month’s written advance notice to Company.
In addition, this Agreement may be terminated if either party materially fails to perform or comply with this Agreement or any
material provision hereof. Termination shall be effective five (5) days after notice of such material failure to perform or comply
with this Agreement or any material provision hereof to the defaulting party if the defaults have not been cured within such five
(5) day period. Upon termination of this Agreement the following sections of this Agreement shall survive such termination: Sections
3, 5, 6, 7, 8, 10, 12 13 and 20.

 

4. Costs and
Expenses of Consultant’s Performance. Except as set forth on the Schedule, all costs and expenses of Consultant’s
performance hereunder shall be borne by the Consultant.

 

5. Taxes.
As an independent contractor, Consultant acknowledges and agrees that it is solely responsible for the payment of any taxes and/or
assessments imposed on account of the payment of compensation to, or the performance of services by Consultant pursuant this Agreement,
including, without limitation, any unemployment insurance tax, federal and state income taxes, federal Social Security (FICA) payments,
and state disability insurance taxes. The Company shall not make any withholdings or payments of said taxes or assessments with
respect to amounts paid to Consultant hereunder; provided, however, that if required by law or any governmental agency, the Company
shall withhold such taxes or assessments from amounts due Consultant, and any such withholding shall be for Consultant's account
and shall not be reimbursed by the Company to Consultant. Consultant expressly agrees to make all payments of such taxes, as and
when the same may become due and payable with respect to the compensation earned under this Agreement.

 

6. Confidentiality.
Consultant agrees that Consultant will not, except when required by applicable law or order of a court, during the term of this
Agreement or thereafter, disclose directly or indirectly to any person or entity, or copy, reproduce or use, any Trade Secrets
(as defined below) or Confidential Information (as defined below) or other information treated as confidential by the Company known,
learned or acquired by the Consultant during the period of the Consultant's engagement by the Company. For purposes of this Agreement,
"Confidential Information" shall mean any and all Trade Secrets, knowledge, data or know-how of the Company, any of its
affiliates or of third parties in the possession of the Company or any of its affiliates, and any nonpublic technical, training,
financial and/or business information treated as confidential by the Company or any of its affiliates, whether or not such information,
knowledge, Trade Secret or data was conceived, originated, discovered or developed by Consultant hereunder. For purposes of this
Agreement, "Trade Secrets" shall include, without limitation, any formula, concept, pattern, processes, designs, device,
software, systems, list of customers, training manuals, marketing or sales or service plans, business plans, marketing plans, financial
information, or compilation of information which is used in the Company's business or in the business of any of its affiliates.
Any information of the Company or any of its affiliates which is not readily available to the public shall be considered to be
a Trade Secret unless the Company advises Consultant in writing otherwise. Consultant acknowledges that all of the Confidential
Information is proprietary to the Company and is a special, valuable and unique asset of the business of the Company, and that
Consultant's past, present and future engagement by the Company has created, creates and will continue to create a relationship
of confidence and trust between the Consultant and the Company with respect to the Confidential Information. Furthermore, Consultant
shall immediately notify the Company of any information which comes to its attention which might indicate that there has been a
loss of confidentiality with respect to the Confidential Information. In such event, Consultant shall take all reasonable steps
within its power to limit the scope of such loss.

 

7. Return of
the Company’s Proprietary Materials. Consultant agrees to deliver promptly to the Company on termination of this Agreement
for whatever reason, or at any time the Company may so request, all documents, records, artwork, designs, data, drawings, flowcharts,
listings, models, sketches, apparatus, notebooks, disks, notes, copies and similar repositories of Confidential Information and
any other documents of a confidential nature belonging to the Company, including all copies, summaries, records, descriptions,
modifications, drawings or adaptations of such materials which Consultant may then possess or have under its control. Concurrently
with the return of such proprietary materials to the Company, Consultant agrees to deliver to the Company such further agreements
and assurances to ensure the confidentiality of proprietary materials. Consultant further agrees that upon termination of this
Agreement, Consultant's, employees, consultants, agents or independent contractors shall not retain any document, data or other
material of any description containing any Confidential Information or proprietary materials of the Company.

 

8. Assignment
of Proprietary Rights. Other than the Proprietary Rights listed on the Schedule attached hereto, if any, Consultant hereby
assigns and transfers to the Company all right, title and interest that Consultant may have, if any, in and to all Proprietary
Rights (whether or not patentable or copyrightable) made, conceived, developed, written or first reduced to practice by Consultant,
whether solely or jointly with others, during the period of Consultant's engagement by the Company which relate in any manner to
the actual or anticipated business or research and development of the Company, or result from or are suggested by any task assigned
to Consultant or by any of the work Consultant has performed or may perform for the Company.

 

Consultant acknowledges
and agrees that the Company shall have all right, title and interest in, among other items, all research information and all documentation
or manuals related thereto that Consultant develops or prepares for the Company during the period of Consultant's engagement by
the Company and that such work by Consultant shall be work made for hire and that the Company shall be the sole author thereof
for all purposes under applicable copyright and other intellectual property laws. Other than the Proprietary Rights listed on the
Schedule attached hereto, Consultant represents and covenants to the Company that there are no Proprietary Rights relating to the
Company's business which were made by Consultant prior to Consultant's engagement by the Company. Consultant agrees promptly to
disclose in writing to the Company all Proprietary Rights in order to permit the Company to claim rights to which it may be entitled
under this Agreement. With respect to all Proprietary Rights which are assigned to the Company pursuant to this Section 8, Consultant
will assist the Company in any reasonable manner to obtain for the Company's benefit patents and copyrights thereon in any and
all jurisdictions as may be designated by the Company, and Consultant will execute, when requested, patent and copyright applications
and assignments thereof to the Company, or other persons designated by the Company, and any other lawful documents deemed necessary
by the Company to carry out the purposes of this Agreement. Consultant will further assist the Company in every way to enforce
any patents, copyrights and other Proprietary Rights of the Company.

 

9. Trade Secrets
of Others. Consultant represents to the Company that its performance of all the terms of this Agreement does not and will not
breach any agreement to keep in confidence proprietary information or trade secrets acquired by Consultant in confidence or in
trust prior to its engagement by the Company, and Consultant will not disclose to the Company, or induce the Company to use, any
confidential or proprietary information or material belonging to others. Consultant agrees not to enter into any agreement, either
written or oral, in conflict with this Agreement.

 

10. Other Obligations.
Consultant acknowledges that the Company, from time to time, may have agreements with other persons which impose obligations or
restrictions on the Company regarding proprietary rights made or developed during the course of work hereunder or regarding the
confidential nature of such work. Consultant agrees to be bound by all such obligations and restrictions and to take all action
necessary to discharge the obligations of the Company hereunder.

 

11. Independent
Contractor. Consultant shall not be deemed to be an employee or agent of the Company for any purpose whatsoever. Consultant
shall have the sole and exclusive control over its employees, consultants or independent contractors who provide services to the
Company, and over the labor and employee relations policies and policies relating to wages, hours, working conditions or other
conditions of its employees, consultants or independent contractors.

 

12. Non-Solicit.
Consultant will not, during the term this Agreement and for one year thereafter, directly or indirectly (whether as an owner, partner,
shareholder, agent, officer, director, employee, independent contractor, consultant, or otherwise) with or through any individual
or entity: (i) employ, engage or solicit for employment any individual who is, or was at any time during the twelve-month period
immediately prior to the termination of this Agreement for any reason, an employee of the Company, or otherwise seek to adversely
influence or alter such individual's relationship with the Company; or (ii) solicit or encourage any individual or entity that
is, or was during the twelve-month period immediately prior to the termination of this Agreement for any reason, a customer or
vendor of the Company to terminate or otherwise alter his, her or its relationship with the Company or any of its affiliates. Section
12 does not apply to individuals or entities know to the Consultant previous to the Effective Date.

 

13. Equitable
Remedies. In the event of a breach or threatened breach of the terms of this Agreement by Consultant, the parties hereto acknowledge
and agree that it would be difficult to measure the damage to the Company from such breach, that injury to the Company from such
breach would be impossible to calculate and that monetary damages would therefore be an inadequate remedy for any breach. Accordingly,
the Company, in addition to any and all other rights which may be available, shall have the right of specific performance, injunctive
relief and other appropriate equitable remedies to restrain any such breach or threatened breach without showing or proving any
actual damage to the Company.

 

14. Governing
Law. This Agreement shall be governed, construed and interpreted in accordance with the internal laws of the State of California.
In the event a judicial proceeding is necessary, the sole forum for resolving disputes arising under or relating to this Agreement
are the Municipal and Superior Courts for the County of Orange, California or the Federal District Court for the Central District
of California and all related appellate courts, and the parties hereby consent to the jurisdiction of such courts, and that venue
shall be in Orange County, California.

 

15. Entire Agreement:
Modifications and Amendments. The terms of this Agreement are intended by the parties as a final expression of their agreement
with respect-to such terms as are included in this Agreement and may not be contradicted by evidence of any prior or contemporaneous
agreement. The Schedule referred to in this Agreement is incorporated into this Agreement by this reference. This Agreement may
not be modified, changed or supplemented, nor may any obligations hereunder be waived or extensions of time for performance granted,
except by written instrument signed by the parties or by their agents duly authorized in writing or as otherwise expressly permitted
herein.

 

16. Attorneys
Fees. Should any party institute any action or proceeding to enforce this Agreement or any provision hereof, or for damages
by reason of any alleged breach of this Agreement or of any provision hereof, or for a declaration of rights hereunder, the prevailing
party in any such action or proceeding shall be entitled to receive from the other party all costs and expenses, including reasonable
attorneys' fees, incurred by the prevailing party in connection with such action or proceeding.

 

17. Prohibition
of Assignment. This Agreement and the rights, duties and obligations hereunder may not be assigned or delegated by Consultant
without the prior written consent of the Company. Any assignment of rights or delegation of duties or obligations hereunder made
without such prior written consent shall be void and of no effect. Company consents to the assignment of this Agreement to Venor
Consulting, Inc./LLC when duly formed.

 

18. Binding Effect:
Successors and Assignment. This Agreement and the provisions hereof shall be binding upon each of the parties, their successors
and permitted assigns.

 

19. Validity.
This Agreement is intended to be valid and enforceable in accordance with its terms to the fullest extent permitted by law. If
any provision of this Agreement is found to be invalid or unenforceable by any court of competent Jurisdiction, the invalidity
or unenforceability of such provision shall not affect the validity or enforceability of all the remaining provisions hereof.

 

20. Indemnification.
MySkin shall indemnify, defend and hold harmless Consultant from and against any and all liability, loss, damage, expense, claims
or suits arising out of: (i) MySkin’s breach of this Agreement, including any representations warranty contained herein;
or (ii) the Services provided by Consultant, provided such claim does not in any manner arise from Consultant’s grossly negligent
or willful act or omission. Additionally, Consultant will be covered under the Director’s and Officer’s policy of the
Company.  The Company will provide evidence of coverage to the Consultant. 

 

21. Notices.
All notices and other communications hereunder shall be in writing and, unless otherwise provided herein, shall be deemed duly
given if delivered personally or by telecopy or mailed by registered or certified mail (return receipt requested) or by Federal
Express or other similar courier service to the parties at the following addresses or (at such other address for the party as shall
be specified by like notice)

 

(i) If to the Company:

MySkin, Inc.

1328 W. Balboa Blvd.
Suite C

Phone: (949) 209-8953

 

Attn: President

(ii) If to the Consultant:

Marichelle Stoppenhagen

1328 West Balboa

Apt “C”

Newport Beach, CA
92663

Attn: Marichelle
Stoppenhagen

 

 

Any such notice,
demand or other communication shall be deemed to have been given on the date personally delivered or as of the date mailed, as
the case may be.

 

 

IN WITNESS WHEREOF, the parties hereto
have executed this Consulting, Confidentiality, and Proprietary Rights Agreement as of the Effective Date written above.

 

Marichelle Stoppenhagen

 

 

By: ___/s/
Marichelle Stoppenhagen__________

 

MySkin, Inc.

 

 

By:______/s/
Marichelle Stoppenhagen____

			Name: Marichelle Stoppenhagen

			Title: President

     

     

    

Schedule

TITLE, DUTIES AND OPERATIONAL RESPONSIBILITIES:

 

Title and Operational Responsibilities

 

§ 
Consultant will have the title of President.

 

 

2.SCHEDULE AND COMITTMENT OF
TIME:

Consultant is expected to
no less than 40 hours per month to activities related to the Company.

 

3.REPORTING SCHEDULE:

Consultant shall report
regularly, and not less frequent than once per week, to the Company her actions on behalf of the Company.

 

4.COMPENSATION AND PAYMENT TERMS:

 

Consultant shall be paid sixty-five
dollars ($65.00) per hour starting February 1, 2008. Consultant shall invoice the Company and Company shall pay Consultant within
15 days of receipt of the invoice. Such payment shall be pro-rated should the Agreement terminated prior to the expiration of the
payment period in which the Agreement terminates.

 

5EXPENSES:

Company agrees to reimburse
Consultant for other reasonably necessary travel expenses. However, should such expenses exceed $1,500 in any given calendar month;
such expenses shall be pre-approved in advance by Company in order to qualify to reimbursement. An email authorization by an officer
of Company shall be deemed a valid approval.

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