Document:

Ex. 10.4

 

TRIG Acquisition 1, Inc.

 

EMPLOYMENT AGREEMENT

 

This Employment Agreement
(this “Agreement”) is made and entered into as of October 18, 2012 by and between TRIG Acquisition 1, Inc.,
a Nevada corporation (“TRIG” or the “Company”), and David Danhi (“DANHI”).

 

		1.	Engagement and Responsibilities

 

(a)          Upon
the terms and subject to the conditions set forth in this Agreement, the Company hereby employs DANHI as its Chief Executive Officer.
DANHI hereby accepts such employment. DANHI shall have such title or titles as the Board or President may from time to time determine.

 

(b)          DANHI’s
duties and responsibilities shall be those incident to the positions described in Section 1(a) as set forth in the Bylaws of the
Company and those which are normally and customarily vested in such offices of a corporation. In addition, DANHI’s duties
shall include those duties and services for the Company and its affiliates as the Board shall, in its sole and absolute discretion,
from time to time reasonably direct which are not inconsistent with DANHI’s positions described in Section 1(a).

 

(c)          DANHI
agrees to devote, on an exclusive basis, the necessary time, energy and efforts to run the day-to-day operations of the Company
and will use his best efforts and abilities faithfully and diligently to promote the Company’s business interests. It is
understood between the Company and DANHI that he will devote no less than 40 hours per week in the execution of his duties. For
as long as DANHI is employed by the Company, DANHI shall not, directly or indirectly, either as an employee, employer, consultant,
agent, investor, principal, partner, stockholder (except as the holder of less than 1% of the issued and outstanding stock of a
publicly held corporation), corporate officer or director, or in any other individual or representative capacity, engage or participate
in any business that is in competition in any manner whatsoever with the business of the Company, as such businesses are now or
hereafter conducted, or any business which the Company contemplates conducting or intends to conduct.

 

		2.	Definitions

 

“Board”
shall mean the Board of Directors of the Company.

 

“Disability,”
with respect to DANHI, shall mean that, for physical or mental reasons, DANHI is unable to perform the essential functions of DANHI’s
duties under this Agreement for 30 consecutive days, or 60 days during any one six month period. DANHI agrees to submit to a reasonable
number of examinations by a medical doctor advising the Company as to whether DANHI shall have suffered a disability and DANHI
hereby authorizes the disclosure and release to the Company and its agents and representatives all supporting medical records.
If DANHI is not legally competent, DANHI’s legal guardian or duly authorized attorney-in-fact will act in DANHI’s stead
for the purposes of submitting DANHI to the examinations, and providing the authorization of disclosure.

 

“Effective
Date” shall mean the date of this agreement.

 

“For Cause”
shall mean, in the context of a basis for termination of DANHI’s employment with the Company, that:

 

    	 

    	 

    

 

(a)          DANHI
breaches any obligation, duty or agreement under this Agreement, which breach is not cured or corrected within 15 days of written
notice thereof from the Company (except for breaches of Sections 1(c), 6 or 7 of this Agreement, which cannot be cured and for
which the Company need not give any opportunity to cure); or

 

(b)          DANHI
is grossly negligent in the performance of services to the Company, or commits any act of personal dishonesty, fraud, embezzlement,
breach of fiduciary duty or trust against the Company; or

 

(c)          DANHI
is indicted for, or convicted of, or pleads guilty or nolo contendere with respect to, theft, fraud, a crime involving moral turpitude,
or a felony under federal or applicable state law; or

 

(d)          DANHI
commits continued and repeated substantive violations of specific written directions of the Board, which directions are consistent
with this Agreement and DANHI’s position as an executive officer, or continued and repeated substantive failure to perform
duties assigned by or pursuant to this Agreement; or

 

(e)          DANHI
continues to neglect his duties after receipt of notice thereof from the Company (and the Company need give such notice only once).

 

“Person”
shall mean an individual or a partnership, corporation, trust, association, Limited Liability Company, governmental authority or
other entity.

 

“Portfolio
Company” shall mean any person which has engaged the Company for the provision of services.

 

“Term”
shall mean the period commencing on the Effective Date and ending at the close of business on the business day immediately preceding
the three year anniversary of the Effective Date.

 

		3.	Compensation and Benefits

 

For as long as DANHI shall be employed
by the Company, DANHI shall receive the compensation and benefits set forth in this Section 3.

 

(a)          Salary.
The Compensation is $150,000 per annum which shall commence as of the Effective Date. The base salary shall be payable in installments
on the fifteenth and last day of each month.

 

(b)          Expense
Reimbursement. DANHI shall be entitled to reimbursement from the Company for the reasonable out-of-pocket costs and expenses
which DANHI incurs in connection with the performance of DANHI’s duties and obligations under this Agreement in a manner
consistent with the Company’s practices and policies therefore.

 

(c)          Disability.
In the event of any Disability, DANHI shall receive the compensation and benefits specified herein for 30 days. Such compensation
and benefits shall be received at the end of the disability.

 

    	 

    	 

    

 

(d)          Withholding.
The Company may deduct from any compensation payable to DANHI (including payments made pursuant to Section 5 of this Agreement
in connection with or following termination of employment) amounts it believes are required to be withheld under federal and state
law, including applicable federal, state and/or local income tax withholding, old-age and survivors’ and other social security
payments, state disability and other insurance premiums and payments.

 

(e)          Key
Man Insurance. The Company may, at its own expense, purchase a key man life insurance policy at an amount to be determined
naming the Company as a beneficiary. At the time that DANHI is no longer employed by the Company, DANHI will have the right to
retain the policy. It is expressly understood between the Company and DANHI that the Company will not have any further obligation
with respect to the policy following DANHI’s employment by the Company.

 

(f)          Stock
Compensation. DANHI shall be entitled to receive employee stock options on terms consistent with other senior management and
customary industry practice. DANHI will be required to enter into a lock up agreement for the sale of his stock. The lockup, generally,
will be subject to Rule 144 as promulgated by the SEC. Additionally, DANHI will be restricted from selling more than 33.3% of his
aggregate ownership in any single year commencing in year two, following the closing.

 

(g)          Auto
Lease. DANHI shall be entitled to an auto lease and attendant insurance paid by the Company so long as the aggregate payments
do not to exceed $2,000 per month and in accordance with Company policy at the time, as approved by the Board.

 

(h)          Medical
and Vacation. DANHI shall be entitled to receive additional benefits, including standard medical and vacation in accordance
with Company policy at the time, as approved by the Board.

 

		4.	Term of Employment

 

DANHI’s employment
pursuant to this Agreement shall commence on the Effective Date, as defined in Section 2 and shall terminate on the earliest to
occur of the following:

 

(a)          upon
the date set forth in a written notice of termination from DANHI to the Company (which date shall be at least four months after
the Effective date and at least 30 days after the delivery of that notice); provided, however, that in the event DANHI delivers
such notice to the Company, the Company shall have the right to accelerate such termination by written notice thereof to DANHI
(and such termination by the Company shall be deemed to be a termination of employment pursuant to this Section 4(a), and not a
termination pursuant to Section 4(d) or 4(e) hereof);

 

(b)          upon
the death of DANHI;

 

(c)          upon
delivery to DANHI of written notice of termination by the Company if DANHI shall suffer a Disability;

 

(d)          upon
delivery to DANHI of written notice of termination by the Company For Cause;

 

(e)          upon
delivery to DANHI of written notice of termination by the Company Without Cause*; or

 

(f)          three
years from the Effective Date.

 

*      If DANHI is terminated by the
Company Without Cause he will receive one year’s compensation, or compensation for the balance of the Term, whichever is
less.

 

    	 

    	 

    

 

		5.	Confidentiality.

 

DANHI agrees not to
disclose or use at any time (whether during or after DANHI’s employment with the Company) for DANHI’s own benefit or
purposes or the benefit or purposes of any other Person any databases, trade secrets, proprietary data, or other confidential information,
development programs, costs, marketing, trading, investment, sales activities, promotion, credit and financial data, financial
methods, plans, or the business and affairs of the Company generally, provided that the foregoing shall not apply to information
which is not unique to the Company or which is generally known to the industry or the public other than as a result of DANHI’s
employment with the company. DANHI agrees that upon termination of his employment with the Company for any reason, he will return
to the Company immediately all memoranda, books, papers, plans, information, letters and other data, and all copies thereof or
therefrom, in any way relating to the business of the Company and/or any Portfolio Company, except that he may retain personal
notes, notebooks, diaries and addresses and phone numbers. DANHI further agrees that he will not retain or use for his account
at any time any trade names, trademark or other proprietary business designation used or owned in connection with the business
of the Company.

 

		6.	Miscellaneous

 

(a)          Notices. 
All notices, requests, demands and other communications (collectively, “Notices”) given pursuant to this Agreement
shall be in writing, and shall be delivered by personal service, courier, facsimile transmission or by United States first class,
registered or certified mail, addressed to the following addresses:

 

If to the Company,
to:

 

TRIG Acquisition 1,
Inc.

Alfonso J. Cervantes,
President (Post-Closing)

641 Lexington Avenue,
Suite 1526

New York, NY 10022

 

If to DANHI, to:

 

David Danhi

929 6th Street

Hermosa Beach, CA 90254

 

Any Notice, other than a Notice sent by
registered or certified mail, shall be effective when received; a Notice sent by registered or certified mail, postage prepaid
return receipt requested, shall be effective on the earlier of when received or the third day following deposit in the United States
mails. Any party may from time to time change its address for further Notices hereunder by giving notice to the other party in
the manner prescribed in this Section.

 

(b)          Entire
Agreement.  This Agreement contains the sole and entire agreement and understanding of the parties with respect to the
entire subject matter of this Agreement, and any and all prior discussions, negotiations, commitments and understandings, whether
oral or otherwise, related to the subject matter of this Agreement are hereby merged herein.  Without limiting the foregoing,
this Agreement supersedes those term sheets and/or agreements dated prior to the date hereof. No representations, oral or otherwise,
express or implied, other than those contained in this Agreement have been relied upon by any party to this Agreement.

 

    	 

    	 

    

 

(c)          Severability.
In the event that any provision or portion of this Agreement shall be determined to be invalid or unenforceable for any reason,
in whole or in part, the remaining provisions of this Agreement shall be unaffected thereby and shall remain in full force and
effect to the fullest extent permitted by law.

 

(d)          Governing
Law.  This Agreement has been made and entered into in the State of New York and shall be construed in accordance with
the laws of the State of New York.

 

(e)          Captions. 
The various captions of this Agreement are for reference only and shall not be considered or referred to in resolving questions
of interpretation of this Agreement.

 

(f)          Counterparts. 
This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of which
together shall constitute one and the same instrument.

 

(g)          Attorneys’
Fees.  If any action or proceeding is brought to enforce or interpret any provision of this Agreement, the prevailing
party shall be entitled to recover as an element of its costs, and not its damages, its reasonable attorneys’ fees, costs
and expenses.  The prevailing party is the party who is entitled to recover its costs in the action or proceeding.  A
party not entitled to recover its costs may not recover attorneys’ fees.  No sum for attorneys’ fees shall be
counted in calculating the amount of a judgment for purposes of determining whether a party is entitled to recover its costs or
attorneys’ fees.

 

In Witness Whereof,
the parties have executed this Agreement as of the date first above written.

 

	 	TRIG Acquisition 1, Inc.
	 	 
	 	By:	 
	 	 	 
	 	Its:	 
	 	 
	 	 
	 	David DanhiEx. 10.5

 

CHORD ADVISORS, LLC

LETTER OF AGREEMENT

Date: August 11, 2012

 

Section 1. Services to be Rendered.
The purpose of this letter is to set forth the terms and conditions on which Chord Advisors, LLC (“Chord”) agrees to
provide TRIG Acqusition 1, Inc. and Grilled Cheese, Inc. (the “Company”) comprehensive outsourced accounting
solutions with respect to the anticipated merger pursuant to an Alternative Public Offering (the “Company”)
comprehensive outsourced accounting solutions. These services may include, but are not limited to, all items listed in “Addendum
A.” The Company represents and warrants that it will provide on a timely basis any information requested by Chord which is
necessary to perform such services and further represents and warrants that such information shall be accurate.

 

Section 2. Engagement Period. Unless
sooner terminated as provided herein, the term of this agreement (the “Engagement Period”) shall commence as
of August 1, 2012 and shall continue for a period of twelve (12) calendar months. Following expiration of the initial Engagement
Period, this agreement shall be automatically renewed for successive Engagement Periods of 12 months each unless either party shall
give the other written notice of its intent not to renew this agreement no later than 30 days prior to the expiration of any Engagement
Period hereunder. The Company represents that it is duly organized, validly existing and in good standing under the laws of its
jurisdiction of organization and is duly qualified as a foreign corporation and in good standing in all jurisdictions in which
the nature of its activities requires such qualification. The Company further represents to Chord: (1) that it has full power and
authority to carry on its business as presently or proposed to be conducted and to enter into and perform its obligations under
this Agreement; (2) that this Agreement has been duly authorized by all necessary corporate actions; and (3) that this Agreement
constitutes the valid and binding obligation of the Company, enforceable against the Company in accordance with its terms (except
as such enforcement may be limited by bankruptcy, creditors’ rights laws or general principles of equity).

 

Section 3. Fees. (a) The Company
shall pay to Chord for its services hereunder an advisory fee (the “Advisory Fee”) of $ $6,250.00 per
month beginning as of August 1, , 2012; provided, that the amount of such Advisory Fee shall be subject to change
by the mutual agreement of the parties at any time after expiration of the initial twelve (12) month Engagement Period. The Advisory
Fee shall accrue unitl completion of the Alternative Public Offering, anticipated no later than September 30, 2012 at which time
the accrued Advisory Fee will be paid in full from the proceeds of the financing. Subsequently the Advisory Fees shall be payable
on or before the 30th day of each calendar month which occurs during the Engagement Period. In the event that a partial month shall
occur during the Engagement Period, then the amount of the Advisory Fee for such month shall be prorated based upon the number
of days in such month that occur during the Engagement Period. In addition, the Company shall grant Chord 100,000 warrants on September
1, 2012. The exercise price of the warrants is $2.00 and the term is three years. The Company shall deliver to Chord a formal warrant
agreement with 30 days from the execution of this agreement.

 

    	 

    	 

    

 

Section 4. Expenses. In addition
to all other fees payable to Chord hereunder, the Company hereby agrees to reimburse Chord for all reasonable out-of-pocket expenses
incurred in connection with the performance of services hereunder. No individual expenses over $100 per month will be expended
without the prior written approval of the Company.

 

Section 5. Indemnification. Each
of the Company and Chord agrees to defend, indemnify and hold the other and its respective affiliates, stockholders, directors
officers, agents, employees, successors and assigns (each an "Indemnified Person") harmless from and against any
and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses and disbursements of any
kind whatsoever (including, without limitation, reasonable attorneys' fees) which arise from the Company's or Chord's (as the case
may be) breach of its obligations hereunder or any representation or warranty made by it herein. It is further agreed that the
foregoing indemnity shall be in addition to any rights that either party may have at common law or otherwise, including, but not
limited to, any right to contribution.

 

Section 6. Termination of Agreement.
(a) Subject to paragraph (b) below, either party may terminate this Agreement and Chord’s engagement hereunder, with or without
cause, immediately upon written notice given to the other party at any time during the Engagement Period hereunder. In such event,
all compensation accrued to Chord prior to such cancellation, whether in the form of Advisory Fees, reimbursement for expenses
or otherwise, will become due and payable promptly upon such termination and Chord shall be relieved of any and all further obligation
to provide any services hereunder.

 

(b) Notwithstanding
anything to the contrary herein contained, Sections 4, 5, 6, 7, 8, 9, 10 and 11 shall survive any termination or breach of this
agreement by either party.

 

Section 7. Severability. In case
any provision of this letter agreement shall be invalid, illegal, or unenforceable, the validity, legality and enforceability of
the remaining provisions shall not be affected or impaired thereby.

 

Section
8. Consent to Jurisdiction. This agreement shall be governed and construed in accordance with the laws of the State
of New York without regard to conflicts of laws principles. The parties further consent to the exclusive jurisdiction of the State
and Federal courts located within the City, County and State of New York to resolve any dispute arising under this Agreement, and
waive any defense to such jurisdiction based upon inconvenient forum.

 

Section 9. Other Services. If the
Company desires additional services not provided for in this agreement, any such additional services shall be covered by a separate
agreement between the parties hereto.

 

    	 

    	 

    

 

Section 10. Horin as Chief Financial Officer.
As a condition of this agreement, Chord will permit the use of David Horin’s name and biographical information as the Chief
Financial Officer in the Company’s filings and collateral materials.

 

Section 11. Entire Agreement. This
letter agreement contains the entire agreement of the Company and Chord, and supersedes any and all prior discussions and agreements,
whether oral or written, with respect to the matters addressed herein.

 

Section 12. Counterparts. This letter
agreement may executed in two or more counterparts, each of which shall be considered an original and all of which, taken together,
shall be considered as one and the same instrument.

 

Please evidence your
acceptance of the provisions of this letter by signing below and returning a copy to Chord Advisors, LLC.

 

	 	Very truly yours,
	 	 
	 	 /s/ David Horin
	 	David Horin
	 	President
	 	Chord Advisors, LLC

 

ACCEPTED AND AGREED

AS OF THE DATE FIRST ABOVE WRITTEN:

 

	TRIG Acquisition 1, Inc.	 
	 	 
	By:	  /s/ A.J. Cervantes	 
	 	Name:  A.J. Cervantes	 
	 	Title: CEO	 

 

    	 

    	 

    

 

ADDENDUM
“A”

 

Chord will provide senior financial leadership
and perform the following functions:

 

		•	Business analysis and planning

		•	System selection and implementation

		•	Financial process improvement

		•	Full service bookkeeping

		•	General ledger accounting

		•	Account reconciliation

		•	Accounts receivable

		•	Accounts payable

		•	Payroll and related tax reporting

		•	Management reporting

		•	Advise on accounting for complex transactions, including those featuring options, warrants derivatives
and other forms of equity enhancements

		•	Document and implement new and existing accounting policies

		•	Respond to SEC Comment Letters

		•	Audit committee support

		•	Drafting documents such as 10-K's, 10-Q's and registration statements

		•	Assistance with earnings releases and deal and non-deal roadshows

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