Document:

Exhibit 10.1

 

AGREEMENT

 

Mobiquity Technologies, Inc.

35 Torrington Lane

Shoreham, NY 11786

 

Ladies and Gentlemen:

 

Mobiquity Technologies,
Inc., a New York corporation (“Mobiquity”), is hereby (i) selling and issuing (the “Offering”) to Gopher
Protocol Inc., a Nevada corporation (“Gopher”) located at 2500 Broadway,
Suite F-125, Santa Monica, CA 90404,
1,000 shares of Mobiquity’s restricted Series AAAA Preferred Stock (the “Mobiquity Preferred Stock”) in consideration
of Gopher’s concurrent sale and issuance to Mobiquity of 10,000,000 shares of Gopher’s restricted Common Stock (the
“Gopher Common Stock”). The shares of Mobiquity Preferred Stock are convertible into an aggregate of up to 100,000,000
shares of Mobiquity common stock (the “Mobiquity Common Stock”) and 150,000,000 common stock purchase warrants (the
“Mobiquity Warrants”). The Mobiquity Warrants shall have a term of 5-years from the date of grant and shall be exercisable
at a price of $0.12 per share. The shares of Mobiquity Preferred Stock shall not be convertible into shares of Mobiquity Common
Stock and the Mobiquity Warrants shall not be contemporaneously granted until after Mobiquity’s Board of Directors and stockholders
shall have increased the authorized number of shares of Mobiquity’s common stock to a number sufficient to accommodate a
reserve in Gopher’s favor of 250,000,000 shares of Mobiquity’s common stock. The Mobiquity Preferred Stock shall have
immediate voting rights equal to the number of shares of Mobiquity Common Stock into which they may be converted, not including
the shares of Mobiquity’s common stock underlying the Mobiquity Warrants (the “Mobiquity Warrant Shares”). For
avoidance of doubt, the shares of Mobiquity Preferred Stock have voting rights equal to an aggregate of 100,000,000 shares of Mobiquity’s
common stock. The shares of Mobiquity Preferred Stock shall be sold and issued in their entirety upon delivery to Mobiquity of
the shares of Gopher Common Stock. Mobiquity and Gopher are collectively referred to as the “Parties”.

 

This Offering to Gopher
is being made under Section 4(a)(2) under the Securities Act of 1933, as amended (the “Securities Act”). This Offering
is being made through Mobiquity’s officers and directors without a placement agent.

 

Each Party to this
Subscription Agreement covenants to assist the other in providing any broker-dealers where the shares of Mobiquity Preferred Stock
may be deposited with documentation and/or certifications requested.

 

1.         Subscription.
Gopher hereby subscribes for and agrees to purchase from Mobiquity the Mobiquity Preferred Stock, subject to acceptance by Mobiquity
of the shares of Gopher Common Stock, in its sole and absolute discretion.

 

2.         Purchase
Procedure. Gopher acknowledges that, in order to subscribe for the shares of Mobiquity Preferred Stock, it must, and does hereby,
deliver to Mobiquity an executed counterpart of the Signature Page attached to this Agreement,

 

On the date hereof,
Mobiquity will issue to Gopher the shares of Mobiquity Preferred Stock and Gopher will issue the shares of Gopher Common Stock
to Mobiquity.

 

3.         Representations
of Gopher. By executing this Agreement, Gopher represents, warrants, acknowledges, and agrees as follows:

 

3.1       Gopher
acknowledges that it has received, carefully read, and understands in their entirety (i) this Agreement; (ii) Mobiquity’s
recent filings under the Securities Exchange Act of 1934 ,as amended (the “Exchange Act”), including, without limitation,
Mobiquity’s Annual Report on Form 10-K for its fiscal year ended December 31, 2017 and Quarterly Report on Form 10-Q for
the quarter ended June 30, 2018; (iii) all information necessary to verify the accuracy and completeness of Mobiquity’s representations,
warranties, and covenants made herein, inclusive of the information filed under the Exchange Act; and (iv) written (or verbal)
answers to all questions Gopher submitted to Mobiquity regarding an investment in Mobiquity; and Gopher has relied on the information
contained therein and has not been furnished with any other documents, offering literature, memorandum, or prospectus.

 

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3.2       Gopher
understands that (i) the shares of Mobiquity Preferred Stock being purchased hereunder have not been registered under the Securities
Act and any applicable state securities laws, or the laws of any foreign jurisdiction; (ii) Gopher cannot sell the shares of Mobiquity
Preferred Stock, the shares of Mobiquity Common Stock, and the Mobiquity Warrant Shares (collectively, the “Mobiquity Equity
Securities”) unless they have been registered under the Securities Act and any applicable state securities laws or unless
exemptions from such registration requirements are available; (iii) a legend will be placed on any certificate or certificates
evidencing the Mobiquity Equity Securities and the Mobiquity Warrants, stating that such securities have not been registered under
the Securities Act and setting forth or referring to the restrictions on transferability and sales of the shares of Mobiquity Preferred
Stock; (iv) Mobiquity will place stop transfer instructions against the Mobiquity Equity Securities and the Mobiquity Warrants
and the certificates representing the same to restrict the transfer thereof; and (v) Mobiquity has no obligations to register any
of the Mobiquity Equity Securities or assist Gopher in obtaining an exemption from the various registration requirements except
as set forth herein. Gopher agrees not to resell any of the Mobiquity Equity Securities without compliance with the terms of this
Agreement, the Securities Act, and any applicable state or foreign securities laws.

 

3.3       Gopher
(i) is acquiring the shares of Mobiquity Preferred Stock solely for Gopher’s own account for investment purposes only and
not with a view toward resale or distribution, either in whole or in part; (ii) has no contract, undertaking, agreement, or other
arrangement, in existence or contemplated, to sell, pledge, assign, or otherwise transfer the Mobiquity Equity Securities to any
other person; and (iii) agrees not to sell or otherwise transfer any of the Mobiquity Equity Securities unless and until they are
subsequently registered under the Securities Act and any applicable state securities laws or unless an exemption from any such
registration is available.

 

3.4       Gopher
understands that an investment in the shares of Mobiquity Preferred Stock involves substantial risks, and Gopher recognizes and
understands the risks relating to the purchase of the shares of Mobiquity Preferred Stock, including the fact that Gopher could
lose the entire amount of its investment in the shares of Mobiquity Preferred Stock.

 

3.5       Gopher’s
directors, management, and consultants have substantial investment expertise in private placements, venture capital offerings,
and start-up businesses, are collectively familiar with Mobiquity’s business, as outlined in its Annual Report on Form 10-K
for its fiscal year ended December 31, 2017, and Quarterly Report on Form 10-Q for the quarter ended June 30, 2018, and are knowledgeable
about the risks associated with the business in which Mobiquity is engaged and have such knowledge and experience in financial
and business matters that Gopher is capable of evaluating the merits and risks of an investment in Mobiquity.

 

3.6    
   Intentionally left blank.

 

3.7       Gopher’s
investment in Mobiquity is reasonable in relation to its net worth and financial needs and it is able to bear the economic risk
of losing its entire investment in the shares of Mobiquity Preferred Stock without substantially affecting its current or planned
business operations.

 

3.8       Gopher
understands that (i) the Offering contemplated hereby has not been reviewed by any federal, state, or other governmental body or
agency; (ii) if required by the laws or regulations of said state(s) the Offering contemplated hereby will be submitted to the
appropriate authorities of such state(s) for registration or exemption therefrom; and (iii) documents used in connection with this
Offering have not been reviewed or approved by any regulatory agency or government department, nor has any such agency or government
department made any finding or determination as to the fairness of the shares of Mobiquity Preferred Stock for investment.

 

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3.9       Gopher
is aware that none of the Mobiquity Equity Securities and the Mobiquity Warrants have been registered under the Securities Act
and that, except for a limited public market in Mobiquity’s common stock, no established public market currently exists for
any of the Mobiquity’s Equity Securities and there can be no assurance that an established market will develop therefor.
Gopher has adequate means of providing for its current needs and business contingencies, has no need for liquidity in the investment
contemplated hereby, and is able to bear the risk of loss of its entire investment.

 

3.10     Gopher
shall not sell, assign, encumber, or transfer all or any part of the shares of Mobiquity Preferred Stock being acquired hereby
unless Mobiquity has determined, upon the advice of its counsel, that no applicable federal or state securities laws will be violated
as a result of such transfer.

 

3.11       Gopher
represents that Mobiquity has made available all information that Gopher deemed material to making an informed investment decision
in connection with his purchase of the shares of Mobiquity Preferred Stock; that Gopher, or its directors, management, or consultants,
is in a position regarding Mobiquity, which, based upon business relationship or economic bargaining power, enabled and enables
Gopher to obtain information from Mobiquity in order to evaluate the merits and risks of this investment; and that Gopher has been
advised concerning the risks and merits of this investment. Further, Gopher acknowledges that Mobiquity has made available to Gopher
the opportunity to ask questions of, and receive answers from Mobiquity, its officers, directors, and other persons acting on its
behalf, including Dean L. Julia, Chief Executive Officer of Mobiquity, and Sean McDonnell, Chief Financial Officer of Mobiquity,
concerning the terms and conditions of its purchase and to obtain any additional information Gopher, to the extent Mobiquity possesses
such information or can acquire it without unreasonable effort or expense, necessary to verify the accuracy of the information
disclosed to Gopher. Further, Gopher represents that no statement, printed material, or inducement was given or made by Mobiquity
or anyone on its behalf that is contrary to the information disclosed to Gopher. Gopher is familiar with the nature and extent
of the risks inherent in investments in unregistered securities and in the business in which Mobiquity is engaged.

 

3.12      The
certificates evidencing the shares of Mobiquity Equity Securities and the Mobiquity Warrants will contain a legend substantially
as follows:

 

THE SECURITIES THAT ARE
REPRESENTED HEREBY HAVE NOT BEEN THE SUBJECT OF REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD,
TRANSFERRED, ASSIGNED, PLEDGED, HYPOTHECATED, OR OTHERWISE DISPOSED OF UNTIL A REGISTRATION STATEMENT WITH RESPECT THERETO IS DECLARED
AND REMAINS EFFECTIVE UNDER SUCH ACT, OR MOBIQUITY RECEIVES AN OPINION OF COUNSEL FOR MOBIQUITY OR GOPHER THAT AN EXEMPTION FROM
REGISTRATION REQUIREMENTS OF SUCH ACT IS AVAILABLE.

 

3.13     Mobiquity
has not paid any dividends on its common stock since inception and, by reason of its present financial status and its contemplated
financial requirements, does not contemplate or anticipate paying any dividends upon its common stock in the foreseeable future.

 

3.14     Gopher
expressly acknowledges and understands that, in connection with the offer and sale of the shares of Mobiquity Preferred Stock described
herein to Gopher, Mobiquity is relying upon Gopher's representations and warranties as contained in this Agreement.

 

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4.    
     Representations of Mobiquity. By executing this Agreement, Mobiquity represents,
warrants, acknowledges, and agrees as follows:

 

4.1       Mobiquity
acknowledges that it has received, carefully read and understands in their entirety (i) this Agreement; (ii) Gopher’s
recent filings under the Exchange Act, including, without limitation, Mobiquity’s Annual Report on Form 10-K for its fiscal
year ended December 31, 2017 and Annual Report on Form 10-Q for the quarter ended June 30, 2018; (iii) all information necessary
to verify the accuracy and completeness of Gopher’s representations, warranties and covenants made herein, inclusive of the
information filed under the Exchange Act; and (iv) written (or verbal) answers to all questions Mobiquity submitted to Gopher regarding
an investment in Gopher; and Mobiquity has relied on the information contained therein and has not been furnished with any other
documents, offering literature, memorandum or prospectus.

 

4.2       Mobiquity
understands that (i) the shares of Gopher Common Stock have not been registered under the Securities Act, and any applicable state
securities laws, or the laws of any foreign jurisdiction; (ii) Mobiquity cannot sell the shares of Gopher Common Stock unless they
are registered under the Securities Act and any applicable state securities laws or unless exemptions from such registration requirements
are available; (iii) a legend will be placed on any certificate or certificates evidencing the shares of Gopher Common Stock, stating
that such shares have not been registered under the Securities Act and setting forth or referring to the restrictions on transferability
and sales of the shares of Gopher Common Stock; (iv) Gopher will place stop transfer instructions against the shares of Gopher
Common Stock and the certificates therefor to restrict the transfer thereof; and (v) Gopher has no obligations to register the
shares of Gopher Common Stock or assist Mobiquity in obtaining an exemption from the various registration requirements. Mobiquity
agrees not to resell the shares of Gopher Common Stock without compliance with the terms of this Agreement, the Securities Act
and any applicable state or foreign securities laws.

 

4.3   
    Mobiquity (i) is acquiring the shares of Gopher Common Stock solely for Mobiquity’s own account
for investment purposes only and not with a view toward resale or distribution, either in whole or in part; (ii) has no
contract, undertaking, agreement or other arrangement, in existence or contemplated, to sell, pledge, assign, or otherwise
transfer the shares of Gopher Common Stock to any other person; and (iii) agrees not to sell or otherwise transfer the shares
of Gopher Common Stock unless and until they are subsequently registered under the Securities Act and any applicable state
securities laws or unless an exemption from any such registration is available.

 

4.4       Mobiquity
understands that an investment in the shares of Gopher Common Stock involves substantial risks, and Mobiquity recognizes and understands
the risks relating to the purchase of the shares of Gopher Common Stock, including the fact that Mobiquity could lose the entire
amount of Mobiquity’s investment in the shares of Gopher Common Stock.

 

4.5       Mobiquity’s
directors, management, and consultants have substantial investment expertise in private placements, venture capital offerings,
and start-up businesses, are collectively familiar with Gopher’s business as outlined in its Annual Report on Form 10-K for
its fiscal year ended December 31, 2017, and Quarterly Report on Form 10-Q for the quarter ended June 30, 2018, and are knowledgeable
about the risks associated with the business in which Gopher is engaged and have such knowledge and experience in financial and
business matters that Mobiquity is capable of evaluating the merits and risks of an investment in the shares of Gopher Common Stock.

 

4.6    
   Intentionally left blank.

 

4.7       Mobiquity’s
investment in the shares of Gopher Common Stock is reasonable in relation to its net worth and financial needs and it is able to
bear the economic risk of losing its entire investment in the shares of Gopher Common Stock without substantially affecting its
current or planned business operations.

 

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4.8       Mobiquity
understands that (i) the sale and issuance of the shares of Gopher Common Stock contemplated hereby have not been reviewed by any
federal, state, or other governmental body or agency; (ii) if required by the laws or regulations of said state(s), the sale and
issuance of the shares of Gopher Common Stock contemplated hereby will be submitted to the appropriate authorities of such state(s)
for registration or exemption therefrom; and (iii) documents used in connection with this Agreement have not been reviewed or approved
by any regulatory agency or government department, nor has any such agency or government department made any finding or determination
as to the fairness of the shares of Gopher Common Stock for investment.

 

4.9      Mobiquity
is aware that the shares of Gopher Common Stock have not been registered under the Securities Act and that, except for a recently
established public market in Gopher’s common stock, there can be no assurance that an established market will therefor will
be maintained. Mobiquity has adequate means of providing for its current needs and business contingencies, has no need for liquidity
in the investment contemplated hereby, and is able to bear the risk of loss of its entire investment.

 

4.10  
    Intentionally left blank.

 

4.11     Mobiquity
represents that it is in a position to evaluate the merits and risks of the acquisition of the shares of Gopher Common Stock; and
that Company has been advised concerning the risks and merits of this investment. Further, Mobiquity represents that no statement,
printed material, or inducement was given or made by Gopher or anyone on its behalf which is contrary to the information disclosed
to Mobiquity. Mobiquity is familiar with the nature and extent of the risks inherent in investments in unregistered securities
and in the business in which Gopher is engaged.

 

4.12
      The certificates evidencing the shares of Gopher Common Stock will contain a legend
substantially as follows:

 

THE SHARES OF GOPHER COMMON
STOCK THAT ARE REPRESENTED HEREBY HAVE NOT BEEN THE SUBJECT OF REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED AND MAY
NOT BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED, HYPOTHECATED, OR OTHERWISE DISPOSED OF UNTIL A REGISTRATION STATEMENT WITH RESPECT
THERETO IS DECLARED AND REMAINS EFFECTIVE UNDER SUCH ACT, OR GOPHER RECEIVES AN OPINION OF COUNSEL FOR GOPHER OR MOBIQUITY THAT
AN EXEMPTION FROM REGISTRATION REQUIREMENTS OF SUCH ACT IS AVAILABLE.

 

4.13     Gopher
has not paid any dividends on its common stock since its inception and, Gopher has been informed that, by reason of Gopher’s
present financial status and its contemplated financial requirements, does not contemplate, or anticipate paying any dividends
upon its common stock in the foreseeable future.

 

4.14     Mobility
expressly acknowledges and understands that, in connection with the offer and sale of the shares of Gopher Common Stock described
herein to Mobiquity, Gopher is relying upon Mobility’s representations and warranties as contained in this Agreement.

 

5.   
      Indemnification. Each of the Parties hereby agrees to indemnify and hold harmless
the other party and its officers, directors, employees, agents, counsel, consultants, and affiliates from and against any and
all damages, losses, costs, liabilities, and expenses (including, without limitation, reasonable attorneys’ fees) that
they, or any of them, may incur by reason of the Party’s failure to fulfill any of the terms and conditions of this
Agreement or by reason of the Party’s breach of any of his representations and warranties contained herein. This
Agreement and the representations and warranties contained herein shall be binding upon the Parties’ successors and
assigns.

 

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6.         Mobiquity’s
Covenants. Mobiquity agrees that, for a period beginning immediately upon the six (6)-month anniversary of the date hereof
and ending on the twenty-four (24)-month anniversary of the date hereof (the “Leak-Out Period”), Mobiquity shall have
the right to sell or otherwise transfer into the public markets on any given day up to 20,000 shares of Gopher Common Stock. Mobiquity
may transfer all or a portion of the shares of Gopher Common Stock otherwise at any time, so long as the receiving party adheres
to the above Leak-Out Period. Mobiquity also agrees to pay a 10% finder’s fee to: CONSUL GROUP RE 2021, SRL

(Costa Rica CERTIFICATION NUMBER:
RNPDIGITAL-9014897-2018). Finder’s
fee is equal to 10,000,000 restricted shares of Mobiquity Technologies, Inc. Common Stock and 15,000,000 Mobiquity Warrants. The
Mobiquity Warrants shall have a term of 5-years from the date of grant and shall be exercisable at a price of $0.12 per share.

 

7.         Jurisdiction;
Applicable Law. The Parties has expressly submitted to the jurisdiction of the State of New York and United States Federal
courts sitting in the City of New York, NY, for the purpose of any suit, action, or proceedings arising out of this Agreement.
This Agreement shall be construed in accordance with and governed by the laws applicable to contracts made and wholly performed
in the State of New York.

 

8.     
    Execution in Counterparts. This Agreement may be executed in one or more counterparts, each of
which shall constitute one and the same instrument.

 

9.  
       Persons Bound. This Agreement shall, except as otherwise provided herein,
inure to the benefit of and be binding on each Party and its respective successors and assigns.

 

10.       Entire
Agreement. This Agreement, when accepted by Mobiquity, will constitute the entire agreement between the Parties hereto with
respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, inducements, or
conditions, express or implied, oral or written, except as herein contained. This Agreement may not be modified, changed, waived,
or terminated other than by a writing executed by all the parties hereto. No course of conduct or dealing shall be construed to
modify, amend, or otherwise affect any of the provisions hereof.

 

11.       Assignability.
The Parties acknowledge that each may not assign any of its rights to or interest in or under this Agreement without the prior
written consent of the other Party, and any attempted assignment without such consent shall be void and without force or effect.

 

12.       Notices.
Any notice or other communication required or permitted hereunder shall be in writing and shall be delivered personally, sent by
facsimile transmission or sent by certified, registered, or express mail, postage prepaid, to the address of each Party set forth
herein. Any such notice shall be deemed given when delivered personally, e-mailed, or sent by facsimile transmission or, if mailed,
three days after the date of deposit in the United States mails.

 

13.  
     Interpretation.

 

13.1     When
the context in which words are used in this Agreement indicates that such is the intent, singular words shall include the plural,
and vice versa, and masculine words shall include the feminine and neuter genders, and vice versa.

 

13.2     Captions
are inserted for convenience only, are not a part of this Agreement, and shall not be used in the interpretation of this Agreement.

 

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14.       Notwithstanding
anything herein to the contrary, the Parties agree that each Party (and each employee, representative, and other agent of such
Party) may disclose to any and all persons, without limitation of any kind, the tax treatment and tax structure of the transaction
and all materials of any kind (including opinions or other tax analyses) that are provided to such Party or such person relating
to such tax treatment and tax structure, except to the extent necessary to comply with any applicable federal or state securities
laws. This authorization is not intended to permit disclosure of any other information including (without limitation) (i) any portion
of any materials to the extent not related to the tax treatment or tax structure of the Offering, (ii) the identities of participants
or potential participants in the Offering, (iii) the existence or status of any negotiations, (iv) any pricing or financial information
(except to the extent such pricing or financial information is related to the tax treatment or tax structure of the Offering),
or (v) any other term or detail not relevant to the tax treatment or the tax structure of the Offering.

 

15.      CERTIFICATION.
EACH PARTY CERTIFIES THAT EACH HAS READ THIS ENTIRE SUBSCRIPTION AGREEMENT AND THAT EVERY STATEMENT MADE BY SUCH PARTY HEREIN IS
TRUE AND COMPLETE.

 

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GOPHER SIGNATURE PAGE

 

The undersigned, desiring
to subscribe for the purchase of 1,000 shares of Mobiquity Technologies, Inc. Series AAAA Preferred Stock, as set forth below,
acknowledges that it has received and understands the terms and conditions of this Subscription Agreement.

 

IN WITNESS WHEREOF, the undersigned has
hereby executed this Subscription Agreement as of the date written below.

 

Total Number of shares of Gopher Common
Stock: 10,000,000 shares of Gopher Protocol Inc. restricted Common Stock 

Date of Investment: August 29, 2018

Tax ID#:

 

	 	GOPHER PROTOCOL INC.
	 	 	 
	 	By:	/s/ Douglas Davis
	 	 	Douglas Davis, Chief Executive Officer

 

The subscription set forth herein is accepted by Mobiquity Technologies,
Inc. based upon the terms set forth herein as of this 29th day of August 2018.

 

	 	MOBIQUITY TECHNOLOGIES, INC.
	 	 	 
	 	By:	/s/  Dean L. Julia
	 	 	Dean L. Julia, Chief Executive
Officer

 

     8Exhibit 10.2

 

GOPHER
PROTOCOL INC. & CONSUL GROUP RE 2021 

 

Consulting
Agreement

 

This
Consulting Agreement, dated effective September 1, 2018 (this “Agreement”), is made and entered into by and among
GOPHER PROTOCOL INC. (the “Company”) and CONSUL GROUP RE 2021 (the “Consultant”).

 

ARTICLE
1

SCOPE OF WORK

 

1.1        Services. The Company has engaged Consultant to provide services in connection with the Company’s investment in MOBIQUITY
INC. Consultant will provide analysis, interaction with related professional and other services as requested by the Company (collectively,
the “consulting services”).

 

1.2        Time and Availability. Consultant will devote the hours per month necessary in performing the services for the Company as
stated herein. Consultant shall have discretion in selecting the dates and times it performs such consulting services throughout
the month giving due regard to the needs of the Company’s business.

 

1.3        Confidentiality. In order for Consultant to perform the consulting services, it may be necessary for the Company to provide
Consultant with Confidential Information (as defined below) regarding the Company’s business and products. The Company will
rely heavily upon Consultant’s integrity and prudent judgment to use this information only in the best interests of the
Company.

 

1.4        Standard of Conduct. In rendering consulting services under this Agreement, Consultant shall conform to high professional
standards of work and business ethics. Consultant shall not use time, materials, or equipment of the Company without the prior
written consent of the Company. In no event shall Consultant take any action or accept any assistance or engage in any activity
that would result in any university, governmental body, research institute or other person, entity, or organization acquiring
any rights of any nature in the results of work performed by or for the Company.

 

1.5        Outside Services. Consultant shall not use the service of any other person, entity, or organization in the performance of
Consultant’s duties without the prior written consent of an officer of the Company. Should the Company consent to the use
by Consultant of the services of any other person, entity, or organization, no information regarding the services to be performed
under this Agreement shall be disclosed to that person, entity, or organization until such person, entity, or organization has
executed an agreement to protect the confidentiality of the Company’s Confidential Information (as defined in Article 5)
and the Company’s absolute and complete ownership of all right, title, and interest in the work performed under this Agreement.

 

1.6        Reports. Consultant shall periodically provide the Company with written reports of his or her observations and conclusions
regarding the consulting services. Upon the termination of this Agreement, Consultant shall, upon the request of Company, prepare
a final report of Consultant’s activities.

 

ARTICLE
2

INDEPENDENT CONTRACTOR

 

2.1        Independent Contractor. Consultant is an independent contractor and is not an employee, partner, or co-venturer of, or in
any other service relationship with, the Company. The manner in which Consultant’s services are rendered shall be within
Consultant’s sole control and discretion. Consultant is not authorized to speak for, represent, or obligate the Company
in any manner without the prior express written authorization from an officer of the Company.

 

2.2        Taxes. Consultant shall be responsible for all taxes arising from compensation and other amounts paid under this Agreement,
and shall be responsible for all payroll taxes and fringe benefits of Consultant’s employees. Neither federal, nor state,
nor local income tax, nor payroll tax of any kind, shall be withheld or paid by the Company on behalf of Consultant or his/her
employees. Consultant understands that he/she is responsible to pay, according to law, Consultant’s taxes and Consultant
shall, when requested by the Company, properly document to the Company that any and all federal and state taxes have been paid.

 

     

     

    

 

2.3        Benefits. Consultant and Consultant’s employees will not be eligible for, and shall not participate in, any employee
pension, health, welfare, or other fringe benefit plan of the Company. No workers’ compensation insurance shall be obtained
by Company covering Consultant or Consultant’s employees.

 

ARTICLE
3

COMPENSATION FOR CONSULTING SERVICES

 

3.1        Compensation. The Company shall pay to Consultant 1,000,000 shares of GOPH common stock for services rendered to the Company
under this Agreement.

 

3.2        Reimbursement. The Company agrees to reimburse Consultant for all actual reasonable and necessary expenditures, which are
directly related to the consulting services. These expenditures include, but are not limited to, expenses related to travel (i.e.,
airfare, hotel, temporary housing, meals, parking, taxis, mileage, etc.), telephone calls, and postal expenditures. Expenses incurred
by Consultant will be reimbursed by the Company within 15 days of Consultant’s proper written request for reimbursement.

 

ARTICLE
4

TERM AND TERMINATION

 

4.1        Term. This Agreement shall be effective as of September 1, 2018, and shall continue in full force and effect for 3 consecutive
months. The Company and Consultant may negotiate to extend the term of this Agreement and the terms and conditions under which
the relationship shall continue.

 

4.2        Termination. The Company may terminate this Agreement for “Cause,” after giving Consultant written notice of the
reason. Cause means: (1) Consultant has breached the provisions of Article 5 or 7 of this Agreement in any respect, or materially
breached any other provision of this Agreement and the breach continues for 30 days following receipt of a notice from the Company;
(2) Consultant has committed fraud, misappropriation, or embezzlement in connection with the Company’ s business; (3) Consultant
has been convicted of a felony; or (4) Consultant’s use of narcotics, liquor, or illicit drugs has a detrimental effect
on the performance of his or her employment responsibilities, as determined by the Company.

 

4.3        Responsibility upon Termination. Any equipment provided by the Company to the Consultant in connection with or furtherance
of Consultant’s services under this Agreement, including, but not limited to, computers, laptops, and personal management
tools, shall, immediately upon the termination of this Agreement, be returned to the Company.

 

4.4        Survival. The provisions of Articles 5, 6, 7, and 8 of this Agreement shall survive the termination of this Agreement and
remain in full force and effect thereafter.

 

ARTICLE
5

CONFIDENTIAL INFORMATION

 

5.1        Obligation of Confidentiality. In performing consulting services under this Agreement, Consultant may be exposed to and will
be required to use certain “Confidential Information” (as hereinafter defined) of the Company. Consultant agrees that
Consultant will not and Consultant’s employees, agents, or representatives will not use, directly or indirectly, such Confidential
Information for the benefit of any person, entity, or organization other than the Company, or disclose such Confidential Information
without the written authorization of the President of the Company, either during or after the term of this Agreement, for as long
as such information retains the characteristics of Confidential Information.

 

5.2        Definition. “Confidential Information” means information not generally known and proprietary to the Company or
to a third party for whom the Company is performing work, including, without limitation, information concerning any patents or
trade secrets, confidential or secret designs, processes, formulae, source codes, plans, devices or material, research and development,
proprietary software, analysis, techniques, materials, or designs (whether or not patented or patentable), directly or indirectly
useful in any aspect of the business of the Company, any vendor names, customer and supplier lists, databases, management systems
and sales and marketing plans of the Company, any confidential secret development or research work of the Company, or any other
confidential information or proprietary aspects of the business of the Company. All information which Consultant acquires or becomes
acquainted with during the period of this Agreement, whether developed by Consultant or by others, which Consultant has a reasonable
basis to believe to be Confidential Information, or which is treated by the Company as being Confidential Information, shall be
presumed to be Confidential Information.

 

     

     

    

 

5.3        Property
of the Company. Consultant agrees that all plans, manuals, and specific materials developed by the Consultant on behalf
of the Company in connection with services rendered under this Agreement, are and shall remain the exclusive property of the
Company. Promptly upon the expiration or termination of this Agreement, or upon the request of the Company, Consultant shall
return to the Company all documents and tangible items, including samples, provided to Consultant or created by Consultant
for use in connection with services to be rendered hereunder, including, without limitation, all Confidential Information,
together with all copies and abstracts thereof.

 

ARTICLE
6

RIGHTS AND DATA

 

All
drawings, models, designs, formulas, methods, documents, and tangible items prepared for and submitted to the Company by Consultant
in connection with the services rendered under this Agreement shall belong exclusively to the Company and shall be deemed to be
works made for hire (the “Deliverable Items”). To the extent that any of the Deliverable Items may not, by operation
of law, be works made for hire, Consultant hereby assigns to the Company the ownership of copyright or mask work in the Deliverable
Items, and the Company shall have the right to obtain and hold in its own name any trademark, copyright, or mask work registration,
and any other registrations and similar protection which may be available in the Deliverable Items. Consultant agrees to give
the Company or its designees all assistance reasonably required to perfect such rights.

 

ARTICLE
7

CONFLICT OF INTEREST AND NON-SOLICITATION

 

7.1        Conflict of Interest. Consultant covenants and agrees not to consult or provide any services in any manner or capacity to
a direct competitor of the Company during the duration of this Agreement unless express written authorization to do so is given
by the Company’s President. A direct competitor of the Company for purposes of this Agreement is defined as any individual,
partnership, corporation, and/or other business entity that engages in the business of private investing within 50 miles of the
headquarters.

 

7.2        Non-Solicitation. Consultant covenants and agrees that during the term of this Agreement, Consultant will not, directly or
indirectly, through an existing corporation, unincorporated business, affiliated party, successor employer, or otherwise, solicit,
hire for employment or work with, on a part-time, consulting, advising, or any other basis, other than on behalf of the Company
any employee or independent contractor employed by the Company while Consultant is performing services for the Company.

 

ARTICLE
8

RIGHT TO INJUNCTIVE RELIEF

 

Consultant
acknowledges that the terms of Articles 5, 6, and 7 of this Agreement are reasonably necessary to protect the legitimate interests
of the Company, are reasonable in scope and duration, and are not unduly restrictive. Consultant further acknowledges that a breach
of any of the terms of Articles 5, 6, or 7 of this Agreement will render irreparable harm to the Company, and that a remedy at
law for breach of the Agreement is inadequate, and that the Company shall therefore be entitled to seek any and all equitable
relief, including, but not limited to, injunctive relief, and to any other remedy that may be available under any applicable law
or agreement between the parties. Consultant acknowledges that an award of damages to the Company does not preclude a court from
ordering injunctive relief. Both damages and injunctive relief shall be proper modes of relief and are not to be considered as
alternative remedies.

 

ARTICLE
9

GENERAL PROVISIONS

 

9.1        Construction of Terms. If any provision of this Agreement is held unenforceable by a court of competent jurisdiction, that
provision shall be severed and shall not affect the validity or enforceability of the remaining provisions.

 

9.2        Governing Law. This Agreement shall be governed by and construed in accordance with the internal laws (and not the laws of
conflicts) of the State of [governing law].

 

     

     

    

 

9.3        Complete Agreement. This Agreement constitutes the complete agreement and sets forth the entire understanding and agreement
of the parties as to the subject matter of this Agreement and supersedes all prior discussions and understandings in respect to
the subject of this Agreement, whether written or oral.

 

9.4        Dispute Resolution. If there is any dispute or controversy between the parties arising out of or relating to this Agreement,
the parties agree that such dispute or controversy will be arbitrated in accordance with proceedings under American Arbitration
Association rules, and such arbitration will be the exclusive dispute resolution method under this Agreement. The decision and
award determined by such arbitration will be final and binding upon both parties. All costs and expenses, including reasonable
attorney’s fees and expert’s fees, of all parties incurred in any dispute that is determined and/or settled by arbitration
pursuant to this Agreement will be borne by the party determined to be liable in respect of such dispute; provided, however, that
if complete liability is not assessed against only one party, the parties will share the total costs in proportion to their respective
amounts of liability so determined. Except where clearly prevented by the area in dispute, both parties agree to continue performing
their respective obligations under this Agreement until the dispute is resolved.

 

9.5        Modification. No modification, termination, or attempted waiver of this Agreement, or any provision thereof, shall be valid
unless in writing signed by the party against whom the same is sought to be enforced.

 

9.6        Waiver of Breach. The waiver by a party of a breach of any provision of this Agreement by the other party shall not operate
or be construed as a waiver of any other or subsequent breach by the party in breach.

 

9.7        Successors and Assigns. This Agreement may not be assigned by either party without the prior written consent of the other
party; provided, however, that the Agreement shall be assignable by the Company without Consultant’s consent in the event
the Company is acquired by or merged into another corporation or business entity. The benefits and obligations of this Agreement
shall be binding upon and inure to the parties hereto, their successors and assigns.

 

9.8        No Conflict. Consultant warrants that Consultant has not previously assumed any obligations inconsistent with those undertaken
by Consultant under this Agreement.

 

IN
WITNESS WHEREOF, this Agreement is executed as of the date set forth above.

 

	GOPHER PROTOCOL INC.	Consul Group RE 2021
	 	 	 	 
	By : /s/Doug Davis	September 4, 2018	By: /s/Mauricio Lara	September 4, 2018
	 	 	 	 
	Doug Davis	 	Managing Member	 
	 	 	 	 
	Its: Chief Executive Officer

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