Document:

Document

Exhibit 10.18

RIVERSIDE TECHNOLOGY CENTER
SIXTH LEASE EXTENSION AND MODIFICATION AGREEMENT 
TO THE LEASE BETWEEN
RIVERTECH ASSOCIATES II LLC AND AXCELLA HEALTH, INC., 
(f/k/a PRONUTRIA BIOSCIENCES, INC. and f/k/a ESSENTIENT, INC.)

This Sixth Lease Extension and Modification Agreement (the "Sixth Lease Amendment") entered into this 1st day of October, 2020 by and between Rivertech Associates II, LLC, a Massachusetts limited liability company with a principal address c/o The Abbey Group 177 Huntington Ave. 24th Floor Boston, Massachusetts 02115 herein, the "Lessor"), and Axcella Health, Inc. (as successor in interest to Pronutria Biosciences, Inc., itself the successor in interest to Essentient, Inc.), with a business address at 840 Memorial Drive Cambridge, Massachusetts (herein the "Lessee"), with respect to a certain Lease dated December 28, 2010 (the "Original Lease") for certain office and laboratory space in the building at 840 Memorial Drive Cambridge, Massachusetts (the "Building"); as amended by a Lease Extension and Modification Agreement December 9, 2013 ("First Lease Amendment"); by a Second Lease Extension and Modification Agreement July 31, 2014 ("Second Lease Amendment"); by a Third Lease Extension and Modification Agreement dated January 30, 2015 (the "Third Lease Amendment"); by a Fourth Lease Extension and Modification Agreement dated December 30, 2015 (the "Fourth Lease Amendment"); and by a Fifth Lease Extension and Modification Agreement dated April 28, 2017 (the "Fifth Lease Amendment"); all collectively referred to herein as of the date hereof as the "Existing Lease". The Existing Lease, as modified by this Sixth Lease Amendment, hereafter shall be referred to herein as the "Lease" (as the context so permits).
WHEREAS, the Lessee currently leases the following spaces in the Building as follows:
A.certain space on the third (3rd) floor of the Building (with a small portion in the garage portion of the Building), consisting of approximately 10,525 rentable square feet (defined herein as the "Third Floor Leased Premises" (previously defined as the Existing Leased Premises in the Fourth Lease Amendment), which Third Floor Leased Premises are reflected in the plans and schematics attached to this Sixth Lease Amendment as Exhibit A-1; and,
B.certain space on the first (1st) floor of the Building, consisting of approximately 8,647 rentable square feet (i.e. the "First Floor Expansion Space" (as defined as such in the Fourth Lease Amendment) which First Floor Expansion Space is reflected in the plans and schematics attached as Exhibit A-2; and,
WHEREAS, the Third Floor Leased Premises Extension Termination Date and the First Floor Expansion Space Termination Date, as those terms are more specifically defined in the Fifth Lease Amendment, are coterminous (i.e. each end on April 30, 2021), and Lessee desires to extend the current stated Term of the Existing Lease as to both the Third Floor Leased Premises and the First Floor Expansion Space, beyond said date, and Lessor assents to such extension of the Term by the Lessee as set forth herein; and,
WHEREAS, the Lessee also seeks the right to exercise in the future an additional extension of the Term of the Lease (i.e. as modified hereby), to be applied as to both the Third Floor Leased Premises and the First Floor Expansion Space, conjunctively; and Lessor assents thereto;
THEREFORE, in consideration of One ($1.00) Dollar and the other good and valuable consideration recited herein, effective and irrevocable as of the date hereof, the Lessor and Lessee hereby agree as follows:
1.Defined Terms
Defined terms in this Sixth Lease Amendment are those terms as set forth and defined in the Fifth Lease Amendment, inclusive of previously defined terms in the Existing Lease documents.

2.Sixth Lease Amendment Extended Term
Lessee hereby agrees to extend its tenancy of the Third Floor Leased Premises and the First Floor Expansion Space (together, the "Combined Leased Premises"), beyond the current coterminous expiration date for both spaces, for a period of thirty six (36) months (the "Sixth Amendment Term"); said extension to commence on May 1, 2021 (the "Sixth Amendment Extension Commencement Date") and end on April 30, 2024 (the "Sixth Amendment Extension Termination Date"), By exercise of the aforesaid extension, Section 7 of the Fifth Lease Amendment ( captioned as Lessee's Further Options to Extend) is hereby superseded by the terms of Section 7 of this Sixth Lease Amendment.
3.Terms and Conditions
Lessee hereby agrees to lease the Combined Leased Premises on the same terms and conditions of the Existing Lease, as modified by this Sixth Lease Amendment, with exception only for those provisions as to which Lessor and Lessee have already performed their obligations as of the date hereof, (for example, Lessor has heretofore delivered the Combined Leased Premises and Lessee has accepted the same).
Lessor and Lessee each acknowledge that to the best of the respective knowledge of each, there are no material defaults by either party presently existing and outstanding under the Existing Lease.
4.Annual Base Rent / Additional Rent / Security Deposit
A.Annual Base Rent
(a)Annual Base Rent for the remainder of the current Term through April 30, 2021 shall be as set forth in the Fifth Lease Amendment.
(b)Annual Base Rent for the Combined Leased Premises from the Sixth Amendment Extension Commencement Date through the Sixth Amendment Extension Termination Date initially shall be $85.50 dollars per rentable square foot and shall increase by 3.0% per rentable square foot upon each one-year anniversary of the Sixth Amendment Extension Commencement Date, as follows:
(i)May 1, 2021 through April 30, 2022:
$ 1,639,206.00 per annum / $ 136,600.50 per month
(ii)May 1, 2022 through April 30, 2023:
$ 1,688,382.18 per annum / $ 140,698.52 per month
(iii)May 1, 2023 through April 30, 2024:
$ 1,739,033.65 per annum / $ 144,919.47 per month
Annual Base Rent above is intended to be "triple net" under the Lease, and it shall be payable in the corresponding monthly installments set forth above, due on the first of each month, in advance, and in all other respects shall be subject to the provisions relating to Annual Base Rent as set forth under the Existing Lease.
B.Additional Rent
In addition to Annual Base Rent, Lessee shall continue to be responsible to pay all Additional Rent (Operating Expenses) under Section 3 of the Existing Lease and all Additional Rent (Taxes) under Section 4 thereof, as invoiced by Lessor, attributable to the Combined Leased Premises.

C.Rent Payment and other Costs and Expenses
Determination and payment of all Annual Base Rent, Additional Rent and other sums due as Rent shall be payable and in all other respects shall be determined as contemplated under the Existing Lease.
D.Security Deposit
The Security Deposit currently held by the Lessor shall continue to be held by Lessor up to April 30, 2024 (and beyond, subject to any further extensions).
5.Permitted Uses / Lease in Good Standing
The Permitted Uses in the Basic Data of the Original Lease, and all conditions attached thereto, are hereby restated and affirmed and shall govern the use and occupancy of the Combined Leased Premises through April 30, 2024 (and beyond if there be any further extension).
The parking rights and other ancillary rights as they are set forth in the Existing Lease shall govern through April 30, 2024 (and beyond if there be any further extension).
6.Brokers
The parties hereby agree that Newmark Grubb Knight Frank represents the Lessee in this transaction and shall be paid a commission by the Lessor, under the terms of a separate agreement; and represent that there are no brokerage or other third party fees or costs involved in this transaction and each agrees to indemnify, defend and hold harmless the other from and against any other claims for brokerage fees, commissions or other such payments arising from this transaction.
7.Lessee's Further Option to Extend
The Term of the Lease , by execution of this Sixth Lease Amendment, as to the Combined Leased Premises expires on April 30, 2024, and may be extended by Lessee beyond said date as set forth below. Lessee shall have the option to further extend the Term of this Lease (inclusive of any ROFO Space, as may be applicable ), as follows:
Lessee, provided it is not then in default after notice and the expiration of any applicable grace or cure periods, and further provided it shall not have defaulted beyond any applicable notice, grace and cure periods during the remaining Lease Term after execution of this Sixth Lease Amendment, shall have the option to further extend the Term of this Lease beyond its April 30, 2024 termination for the Second Revised Extension Period as defined in the Fifth Lease Amendment (i.e. through April 30, 2027), as to the (a) the Third Floor Leased Premises (and also any ROFO Space on that floor then being leased by Lessee); and separately or conjunctively, as to (b) the First Floor Expansion Space (and also any ROFO Space on that floor then being leased by Lessee), on the terms and conditions set forth below.
By written notice to the Lessor (the "The Second Revised Extension Period Notice") delivered not later than eight (8) months prior to the expiration of the Term (i.e. by September 1, 2023), Lessee may extend the Term for the Second Revised Extension Period. Time is of the essence in the delivery of The Second Revised Extension Period Notice, and once given, said Extension Notice is irrevocable. Lessee shall identify the space (the Third Floor Leased Premises (and also any ROFO Space on that floor then being leased by Lessee), and/or First Floor Expansion Space (and also any ROFO Space on that floor then being leased by Lessee), as to which it elects to extend the Term.

Lessee shall pay "Market Rent" for all space leased during the Second Revised Extension Period. "Market Rent" as used herein, shall be that rent charged for comparable research laboratory and office space of similar age and condition in laboratory buildings in the mid-Cambridge submarket as of the commencement of applicable lease period (including annual escalations thereon for each year based on increases in the Consumer Price Index or fixed increases, as the case may be, as determined by then prevailing market forces). In no event shall Market Rent be less than the Annual Base Rent payable (on a per square foot basis) by Lessee for the last year of the existing Term (the "Rent Floor").
If, after good faith attempts the Lessor and Lessee cannot agree on a figure representing Market Rent for the applicable space and lease timeframe, then either party, upon written notice to the other, may request appraisal and arbitration of the issue as provided in this Section. Within fourteen ( I 4) days of the request for appraisal, each party shall submit to the other the name of one unrelated individual or entity with proven expertise in the leasing of commercial real estate in greater Boston/Cambridge to serve as that party's appraiser. Each appraiser shall be paid by the party selecting them. The two appraisers shall each submit their final reports to the parties within thirty (30) days of their selection making their determination as to Market Rent (subject however, to the Rent Floor). The two appraisers shall meet within the next fourteen (14) days to reconcile their reports and collaboratively determine the Market Rent. They shall each make their determination in writing (subject however, to the Rent Floor), including a statement if such is the case, that they are at an impasse. Such a statement of impasse shall be submitted to the parties along with the Market Rent figure which each appraiser has selected and their reasons and substantiation therefor. The appraisers, in case of an impasse, shall also agree on one unrelated individual or entity with expertise in commercial real estate in greater Boston, who shall evaluate the reports of the two original appraisers and within fourteen (14) days of submission of the issue to them, make their own determination as to a figure representing Market Rent (subject however, to the Rent Floor). The determination of this individual or entity (i.e. arbitrator) absent, fraud, bias or undue prejudice shall be binding upon the parties.
Annual Base Rent and Additional Rent shall be payable in advance, in equal monthly installments on the first day of each calendar month.
Lessee, in addition to the sums payable annually to Lessor as Annual Base Rent, shall pay to Lessor for each year of the applicable period and for each space leased by Lessee as Additional Rent, Lessee's Allocable Percentage (as determined/adjusted by the approximate total rentable space so leased) for Operating Expenses, Real Estate Taxes and utilities as contemplated in the Lease.
The provisions of this Section 7 supersede the Options to Extend set forth in the Fourth Lease Amendment and Fifth Lease Amendment.
8.Integration of Documents; Supremacy
This Sixth Lease Amendment, incorporating the terms and conditions of the Original Lease and all prior amendments through the Fifth Lease Amendment, contains the full understanding and agreement between the parties. The parties hereto intend that this Sixth Lease Amendment operates to amend and modify the Existing Lease, and that those prior documents constituting the Existing Lease shall be interpreted conjunctively; with any express conflict between those prior documents and this Sixth Lease Amendment to be resolved in favor of the stated terms of this Sixth Lease Amendment. Except as modified hereby, all other terms and conditions of the Existing Lease shall remain unchanged and enforceable in a manner consistent with this Sixth Lease Amendment.
This Agreement shall be governed by the laws of the Commonwealth of Massachusetts. Any provisions deemed unenforceable shall be severable, and the remainder of this Sixth Lease Amendment and the Existing Lease shall be enforceable in accordance with their terms.
[Signature Pages Follow]

												
		

	LESSOR	

	

				
	RIVERTECH ASSOCIATES II, LLC		
				
	By:	Rivertech Associates II, Inc.,
its Manager		
				
	By:	/s/ Robert Epstein
	Date:	10/14/2020
	Name:	Robert Epstein		
	Title:	President		
				
	LESSEE		
				
	AXCELLA HEALTH, INC.		
				
	By:	/s/ William R. Hinshaw, Jr.
	Date:	10/6/2020
	Name:	William R. Hinshaw, Jr.		
	Title:	President, Chief Executive Officer and Director		
				
	By:	/s/ Laurent Chardonnet
	Date:	10/6/2020
	Name:	Laurent Chardonnet		
	Title:	Senior Vice President and Chief Financial OfficerExhibit
10.98

 

CONSULTING
AGREEMENT

 

This
Consulting Agreement (the “Agreement”) is made and entered into as of this 12th day of February 2021, by and between
Deep Green Waste & Recycling, Inc. a Wyoming corporation whose address is 13110 NE 177th Place, #293, Woodinville,
WA 98072 (the “Company”) and Sylios Corp (the “Consultant”), a Florida corporation whose address
is 501 1st Ave N., Suite 901, St. Petersburg, FL 33701, (individually, a “Party”; collectively, the “Parties”).
This Agreement is non-exclusive.

 

RECITALS

 

WHEREAS,
Consultant has significant experience in the preparation of reports to be filed with the Securities and Exchange Commission
(“SEC”); including, but not limited to Registration Statements, Quarterly Reports, Annual Reports, Current Reports,
preparation of consolidated financial statements, and filings of other accounting and financial reporting forms to regulatory
agencies.

 

NOW,
THEREFORE, in consideration of the mutual promises herein contained, the Parties hereto hereby agree as follows:

 

	 	1.	CONDITIONS.
    This Agreement will not take effect, and Consultant will have no obligation to provide any service whatsoever, unless
    and until the Company sends a signed copy of this Agreement to Consultant (either by mail, email or facsimile copy). The Company
    shall be truthful with Consultant in regard to any relevant material regarding the Company, verbally or otherwise, or this
    entire Agreement will terminate and all consideration paid shall be forfeited without further notice.

 

Upon
execution of this Agreement, the Company agrees to cooperate with Consultant in carrying out the purposes of this Agreement, keep
Consultant informed of any developments of importance pertaining to the Company’s business and abide by this Agreement in
its entirety.

 

	 	2.	TERM OF AGREEMENT. This Agreement shall be in full force and effect commencing on February 12, 2021 and shall remain in effect for three (3) months or until the Company’s Registration Statement on Form S-1 (the “Registration Statement”) is filed with the SEC. Either Party shall have the right to terminate this Agreement without notice in the event of the bankruptcy, insolvency, or assignment for the benefit of creditors of the other Party. Either Party shall have the right to terminate this Agreement with notice, and the effective date of termination shall be the date such notice is received (by mail, overnight delivery, or fax) by the terminated Party.
	 	 	 	 
	 	3.	CONSULTING SERVICES. During the term of this Agreement, Consultant will perform the services described below (the “Consulting Services”) for the Company.
	 	 	 	 
	 	(a)	Transactional
Business 
	 	 	 	 
	 	 	 	(i)	Preparation of the Company’s Registration Statement;
	 	 	 	(ii)	Preparation of the Company’s Super 8-K; and
	 	 	 	(iii)	Filing of the Company’s Registration Statement.

 

    	 

    	 

    

 

	 	4.	STANDARD
    OF PERFORMANCE. Consultant shall devote such time and efforts to the affairs of the Company as is reasonably necessary
    to render the services contemplated by this Agreement. Consultant is not responsible for the performance of any services that
    may be rendered hereunder if the Company fails to provide the requested information in writing prior thereto. The services
    of Consultant shall not include the rendering of any legal opinions or the performance of any work that is in the ordinary
    purview of a certified public accountant. Consultant cannot guarantee results on behalf of the Company but shall use commercially
    reasonable efforts in providing the services listed above. Consultant’s duty is to identify prospective acquisition/joint
    venture companies for the Company. Consultant will in no way act as a “broker-dealer” under state securities laws.
    Because all final decisions pertaining to any particular investment are to be made by the Company, the Company may be required
    to communicate directly with potential acquisition/joint venture prospective companies.
	 	 	 
	 	5.	COMPENSATION
    TO CONSULTANT. As Consultant’s entire compensation for its performance under this Agreement, the Company shall pay
    Consultant a total of 750,000 shares of common stock (the “Shares”) upon execution of this Agreement. The Shares
    shall be issued in book entry format in the name of the Consultant, or its designee (the “Shareholder”), and shall
    be included within the Company’s next Registration Statement on Form S-1. The Shares shall be issued within three (3)
    business days of this Agreement and shall be deemed as earned upon issuance. The Consultant will be solely responsible for
    all tax returns and payments required to be filed with or made to any federal, state or local tax authority with respect to
    the Consultant’s performance of services and receipt of fees under this Agreement. The Company will regularly report
    amounts paid, if any, to the Consultant by filing Form 1099-MISC and/or other appropriate form with the Internal Revenue Service
    as required by law. Because the Consultant is an independent contractor, the Company will not withhold or make payments for
    social security; make consulting contract insurance or disability insurance contributions; or obtain worker’s compensation
    insurance on the Consultant’s behalf. The Consultant agrees to accept exclusive liability for complying with all applicable
    state and federal laws governing self-employed individuals, including obligations such as payment of taxes, social security,
    disability and other contributions based on fees paid to the Consultant under this Agreement. The Consultant hereby agrees
    to indemnify and defend the Company against any and all such taxes or contributions, including penalties and interest.
	 	 	 
	 	6.	CONFIDENTIAL
    INFORMATION. The Consultant and the Company acknowledge that each will have access to proprietary information regarding
    the business operations of the other and agree to keep all such information secret and confidential and not to use or disclose
    any such information to any individual or organization without the non-disclosing Parties prior written consent. It is hereby
    agreed that from time to time Consultant and the Company may designate certain disclosed information as confidential for purposes
    of this Agreement.
	 	 	 
	 	7.	INDEMNIFICATION.
    Each Party (the “Indemnifying Party”) agrees to indemnify, defend, and hold harmless the other Party (the
    “Indemnified Party”) from and against any and all claims, damages, and liabilities, including any and all expense
    and costs, legal or otherwise, caused by the negligent act or omission of the Indemnifying Party, its subcontractors, agents,
    or employees, incurred by the Indemnified Party in the investigation and defense of any claim, demand, or action arising out
    of the work performed under this Agreement; including breach of the Indemnifying Party of this Agreement. The Indemnifying
    Party shall not be liable for any claims, damages, or liabilities caused by the sole negligence of the Indemnified Party,
    its subcontractors, agents, or employees.

 

    	 

    	 

    

 

The
Indemnified Party shall notify promptly the Indemnifying Party of the existence of any claim, demand, or other matter to which
the Indemnifying Party’s indemnification obligations would apply, and shall give them a reasonable opportunity to settle
or defend the same at their own expense and with counsel of their own selection, provided that the Indemnified Party shall at
all times also have the right to fully participate in the defense. If the Indemnifying Party, within a reasonable time after this
notice, fails to take appropriate steps to settle or defend the claim, demand, or the matter, the Indemnified Party shall, upon
written notice, have the right, but not the obligation, to undertake such settlement or defense and to compromise or settle the
claim, demand, or other matter on behalf, for the account, and at the risk, of the Indemnifying Party.

 

The
rights and obligations of the Parties under this Article shall be binding upon and inure to the benefit of any successors, assigns,
and heirs of the Parties.

 

	 	8.	COVENANTS
    OF CONSULTANT. Consultant covenants and agrees with the Company that, in performing Consulting Services under this Agreement,
    Consultant will:

 

(a)
Comply with all federal and state laws;

(b)
Not make any representations other than those authorized by the Company; and

(c)
Not publish, circulate or otherwise use any materials or documents other than materials provided by or otherwise approved by the
Company.

 

	 	9.	COVENANTS
    OF THE COMPANY. The Company covenants, represents and warrants to Consultant as follows:
	 	 	 
	 	(a)	Authorization.
    The Company and its signatories herein have full power and authority to enter into this Agreement and to carry out the
    transactions contemplated hereby.
	 	(b)	No
    Violation. Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated
    hereby will violate any provision of the charter or by-laws of the Company or violate any terms of provision of any other
    material agreement to which the Company is a party or any applicable statute or law.
	 	(c)	Contracts
    in Full Force and Effect. All contracts, agreements, plans, policies and licenses to which the Company is a party are
    valid and in full force and effect.
	 	(d)	Consents.
    No consent of any person, other than the signatories hereto, is necessary to the consummation of the transactions contemplated
    hereby, including, without limitation, consents from parties to loans, contracts, lease or other agreements and consents from
    governmental agencies, whether federal, state, or local.
	 	(e)	Consultant
    Reliance. Consultant has and will rely upon the documents, instruments and written information furnished to Consultant
    by the Company’s officers or designated employees.
	 	(f)	Company’s
    Material. All representations and statements provided herein about the Company are true and complete and accurate. The
    Company agrees to indemnify, hold harmless, and defend Consultant, its officers, directors, agents and employees, at the Company’s
    expense for any proceeding or suit which may rise out of any inaccuracy or incompleteness of any such material or written
    information supplied to Consultant.

 

    	 

    	 

    

 

	 	10.	MISCELLANEOUS
    PROVISIONS
	 	 	 
	 	(a)	Amendment
    and Modification. This Agreement may be amended, modified and supplemented only by written agreement of the Company and
    Consultant.
	 	(b)	Waiver
    of Compliance. Any failure of Consultant, on the one hand, or the Company, on the other, to comply with any obligation,
    agreement, or condition herein may be expressly waived in writing, but such waiver or failure to insist upon strict compliance
    with such obligation, covenant, agreement or condition shall not operate as a waiver of, or estoppel with respect to, any
    subsequent or other failure.
	 	(c)	Expenses,
    Transfer Taxes, Etc. Other than as expressly set forth in this Agreement, the Parties shall bear their own costs and expenses
    in carrying out the provisions of this Agreement.
	 	(d)	Compliance
    with Regulatory Agencies. Each Party agrees that all actions, direct or indirect, taken by it and its respective agents,
    employees and affiliates in connection with this Agreement and any financing or underwriting hereunder shall conform to all
    applicable Federal and State securities laws.
	 	(e)	Notices.
    Any notices to be given hereunder by any Party to the other may be effected either by personal delivery in writing, by
    a reputable, national overnight delivery service, by facsimile transmission or by mail, registered or certified, postage prepaid
    with return receipt requested. Notices shall be addressed to the “Contact Person” at the addresses appearing on
    the signature page of this Agreement, but any Party may change his address or “Contact Person” by written notice
    in accordance with this subsection. Notices delivered personally shall be deemed delivered as of actual receipt, notices sent
    by facsimile shall be deemed delivered one (1) day after electronic confirmation of receipt, notices sent by overnight delivery
    service shall be deemed delivered one (1) day after delivery to the service, mailed notices shall be deemed delivered as of
    five (5) days after mailing.
	 	(f)	Assignment.
    This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the Parties hereto and
    their respective successors and permitted assigns.
	 	(g)	Delegation.
    Neither Party shall delegate the performance of its duties under this Agreement without the prior written consent of the
    other Party.
	 	(h)	Publicity.
    Neither Consultant nor the Company shall make or issue or cause to be made or issued, any announcement or written statement
    concerning this Agreement or the transactions contemplated hereby for dissemination to the general public without the prior
    consent of the other Party. This provision shall not apply, however, to any announcement or written statement required to
    be made by law or the regulations of any Federal or State governmental agency, except that the Party required to disclose
    shall consult with and make reasonable efforts to accommodate changes to the required disclosure and the timing of such announcement
    suggested by the other Party.

 

    	 

    	 

    

 

	 	(i)	Arbitration
    and Governing Law. If a dispute arises out of or relates to this contract, or the breach thereof, and if the dispute cannot
    be settled through negotiation, the parties agree first to try in good faith to settle the dispute by mediation administered
    by the American Arbitration Association under its Commercial Mediation Procedures before resorting to arbitration, litigation,
    or some other dispute resolution procedure. If they do not reach such solution within a period of 60 days, then, upon notice
    by either party to the other, all disputes, claims, questions, or differences shall be finally settled by arbitration administered
    by the American Arbitration Association in accordance with the provisions of its Commercial Arbitration Rules. This Agreement
    and the legal relations among the Parties hereto shall be governed by and construed in accordance with the laws of the State
    of Florida, without regard to its conflict of law doctrine. The Parties agree that the venue for the resolution of all disputes
    arising under the terms of this Agreement and the transactions contemplated herein will be the County of Pinellas, State of
    Florida.
	 	(j)	Counterparts.
    This Agreement may be executed simultaneously 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.
	 	(k)	Headings.
    The heading of the sections of this Agreement are inserted for convenience only and shall not constitute a part hereto
    or affect in any way the meaning or interpretation of this Agreement.
	 	(l)	Entire
    Agreement. This Agreement including any Exhibits hereto, and the other documents and certificates delivered pursuant to
    the terms hereto, set forth the entire agreement and understanding of the Parties hereto in respect of the subject matter
    contained herein, and supersedes all prior agreements, promise, covenants, arrangements, communications, representations or
    warranties, whether oral or written, by any officers employee or representative of any Party hereto.
	 	(m)	Third
    Parties. Except as specifically set forth or referred to herein, nothing herein express or implied is intended or shall
    be construed to confer upon or give to any person or entity other than the Parties hereto and their successors or assigns,
    any rights or remedies under or by reason of this Agreement.
	 	(n)	Attorneys’
    Fees and Costs. If any action is necessary to enforce and collect upon the terms of this Agreement, the prevailing Party
    shall be entitled to reasonable attorneys’ fees and costs, in addition to any other relief to which that Party may be
    entitled. This provision shall be construed as applicable to the entire Agreement.
	 	(o)	Survivability.
    If any part of this Agreement is found or deemed by a court of competent jurisdiction to be invalid or unenforceable,
    that part shall be severable from the remainder of the Agreement.
	 	(p)	Further
    Assurances. Each of the Parties agrees that it shall from time-to-time take such actions and execute such additional instruments
    as may be reasonably necessary or convenient to implement and carry out the intent and purposes of this Agreement.
	 	(q)	Relationship
    of the Parties. Nothing contained in this Agreement shall be deemed to constitute either Party becoming the partner of
    the other, the agent or legal representative of the other, nor create any fiduciary relationship between them, except as otherwise
    expressly provided herein. It is not the intention of the Parties to create nor shall this Agreement be construed to create
    any commercial relationship or other partnership. Neither Party shall have any authority to act for or to assume any obligation
    or responsibility on behalf of the other Party, except as otherwise expressly provided herein. The rights, duties, obligations
    and liabilities of the Parties shall be separate, not joint or collective. Each Party shall be responsible only for its obligations
    as herein set out and shall be liable only for its share of the costs and expenses as provided herein.

 

    	 

    	 

    

 

	 	(r)	No
    Authority to Obligate the Company. Without the consent of the Board of Directors of the Company, Consultant shall have
    no authority to take, nor shall it take, any action committing or obligating the Company in any manner, and it shall not represent
    itself to others as having such authority.

 

	 	11.	Non-Circumvention.
    In and for valuable consideration, the Company hereby agrees that Consultant may introduce (whether by written, oral, data,
    or other form of communication) the Company to one or more opportunities, including, without limitation, existing or potential
    investors, lenders, borrowers, trusts, natural persons, corporations, limited liability companies, partnerships, unincorporated
    businesses, sole proprietorships and similar entities (an “Opportunity” or “Opportunities”). The Company
    further acknowledges and agrees that the identity of the subject Opportunities, and all other information concerning an Opportunity
    (including without limitation, all mailing information, phone and fax numbers, email addresses and other contact information)
    introduced hereunder are the property of Consultant, and shall be treated as confidential information by the Company, it affiliates,
    officers, directors, shareholders, employees, agents, representatives, successors and assigns. The Company shall not use such
    information, except in the context of any arrangement with Consultant in which Consultant is directly and actively involved,
    and never without Consultant’s prior written approval. The Company further agrees that neither it nor its employees,
    affiliates or assigns, shall enter into, or otherwise arrange (either for it/him/herself, or any other person or entity) any
    business relationship, contact any person regarding such Opportunity, either directly or indirectly, or any of its affiliates,
    or accept any compensation or advantage in relation to such Opportunity except as directly though Consultant, without the
    prior written approval of Consultant. Consultant is relying on the Company’s assent to these terms and their intent
    to be bound by the terms by evidence of their signature. Without the Company’s signed assent to these terms, Consultant
    would not introduce any Opportunity or disclose any confidential information to the Company as herein described.

 

    	 

    	 

    

 

IN
WITNESS, WHEREOF, the Parties hereto have caused this Agreement to be duly executed, all as of the day and year first above written.

 

	COMPANY:	 	CONSULTANT:
	DEEP
    GREEN WASTE & RECYLCING, INC.	 	SYLIOS
    CORP
	13100
    NE 177th Place, #293	 	501
    First Ave N, Suite 901
	Woodinville,
    WA 98072	 	St.
    Petersburg, FL 33701
	 	 	 
	By:	 	By:
	 	 	 
	 	 	 
	Lloyd
    Spencer	 	Jimmy
    Wayne Anderson
	Its:
    President and CEO	 	Its:
    President
	Date:
    February 12, 2021	 	Dated:
    February 12, 2021

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