Document:

Form of Subscription and Suitability Agreement

 Exhibit 10.1 
 THE SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”), OR APPLICABLE STATE SECURITIES LAWS (THE “STATE
ACTS”), AND MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL REGISTERED UNDER THE 1933 ACT, THE STATE ACTS AND ANY OTHER APPLICABLE SECURITIES LAWS UNLESS THE COMPANY DETERMINES THAT SUCH OFFER, SALE,
TRANSFER, PLEDGE OR HYPOTHECATION IS EXEMPT FROM REGISTRATION OR IS OTHERWISE IN COMPLIANCE WITH THE 1933 ACT, THE STATE ACTS AND ANY OTHER APPLICABLE SECURITIES LAWS. IN REACHING ITS DETERMINATION, THE COMPANY MAY REQUIRE AN OPINION OF COUNSEL
WHICH IS SATISFACTORY TO THE COMPANY. 
 Pro-Pharmaceuticals, Inc. 

SUBSCRIPTION AND SUITABILITY AGREEMENT 
  

	TO:	Pro-Pharmaceuticals, Inc. 

	  	7 Wells Avenue 

	  	Newton, Massachusetts 02459 

	  	Attention: Maureen Foley, Chief Operating Officer and Secretary 

 Dear Sir: 
 The undersigned (the “Subscriber”) hereby tenders
his/her/its subscription to Pro-Pharmaceuticals, Inc., a Nevada corporation (the “Company”), on the terms and conditions herein-after set forth: 
 1. SUBSCRIPTION FOR SHARES 
 Subscriber hereby irrevocably subscribes for
and agrees to purchase          shares (the “Shares”) of the Company’s Series C Super Dividend Convertible Preferred Stock, described in the Company’s Confidential Private Placement
Memorandum, dated December 1, 2010 (the “PPM”), for a purchase price of $10,000.00 per Share, representing an aggregate purchase price of $        . 

In agreeing to acquire the Shares as provided herein, Subscriber represents and acknowledges that Subscriber has been granted access to,
and has had the opportunity to review, financial and other information relating to the Company and the terms and conditions of investment in the Shares, as well as such other information as Subscriber deems necessary or appropriate as a prudent and
knowledgeable investor in evaluating the merits and risks of investment in the Shares. Subscriber acknowledges that (a) the issuance of the Shares and the shares of the Company’s common stock, $0.001 par value, into which the Shares may be
converted or which may be issued to the Subscriber from time to time as a dividend with respect to the Shares (collectively, the “Underlying Common Shares”) are not and will not be registered under the 1933 Act, or any State Act,
(b) such lack of registration of the Shares is in reliance upon exemptions from registration contained in those respective laws, and (c) the Company’s reliance upon such exemptions is based in part upon Subscriber’s
representations, warranties, and agreements contained in this Subscription Agreement. Subscriber acknowledges that this Subscription Agreement constitutes a valid and binding agreement on the Subscriber but not on the Company until accepted, and
that certificates for the Shares will be delivered to Subscriber promptly following such acceptance. 

 2. REPRESENTATIONS AND WARRANTIES OF SUBSCRIBER 

In order to induce the Company to accept this subscription, Subscriber makes the following representations and warranties: 

(A) Subscriber represents that he/she/it is purchasing the Shares for his/her/its own account, with the intention of holding the Shares
for investment, with no present intention of either (i) dividing, or allowing others to participate in, this investment or (ii) reselling or otherwise participating directly or indirectly in a distribution of, the Shares or any part
thereof. Subscriber understands that the Shares have not been registered under the 1933 Act or under any State Acts in reliance on representations contained herein. Subscriber is not aware of the existence of any distribution or public offering or
advertisement in connection with the offer and sale of the Company’s securities. 
 (B) Subscriber represents that
his/her/its financial condition is such that he/she/it is not under any present necessity or constraint to dispose of the Shares to satisfy any existing or contemplated debt or undertaking. Subscriber further understands that he/she/it must bear the
economic risk of investment in the Company for an indefinite period (i.e., at the time of the investment Subscriber has the ability to afford a complete loss). 
 (C) Subscriber acknowledges and agrees that he/she/it will not sell, transfer, or otherwise dispose of the Shares or of the Underlying Common Shares unless they are subsequently registered under the 1933
Act, or unless such sale, transfer, or other disposition would be in compliance with all applicable federal and state securities laws and regulations and Subscriber provides the Company with a legal opinion acceptable in form and substance to the
Company and the Company’s legal counsel stating that such sale, transfer, or other disposition may be made without registration under the Act or under any applicable laws and regulations. 

(D) Subscriber represents that he/she/it either personally or together with his/her/its offeree representative(s), possesses the
requisite knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Shares. 
 (E) Subscriber acknowledges that he/she/it had the opportunity to review all documents filings and records pertaining to the Company which are publicly available and that Subscriber understands that all
such documents, filings and records will continue to be made available to Subscriber for inspection upon reasonable notice, during reasonable business hours, at the principal place of business of the Company, prior to acceptance of this Subscription
Agreement by the Company. Subscriber and his/her/its advisers have had a reasonable opportunity to ask questions of and receive answers from the officers of the Company, or a person or persons acting on their behalf, concerning the terms and
conditions of this offering, and to obtain additional information, to the extent possessed or obtainable without unreasonable effort or expense by the officers of the Company. All such questions have been answered to the full satisfaction of
Subscriber. 

  
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 (F) Subscriber represents that his/her/its commitment to all speculative investments is
reasonable in relation to his net worth. 
 (G) Subscriber understands that no federal or state agency or securities exchange
has recommended or endorsed the purchase of the Shares or the Underlying Common Stock. 
 (H) Subscriber acknowledges that
neither the Company, nor any person acting on its behalf, offered to sell the Shares by means of any form of public solicitation or advertising. 
 (I) Subscriber understands that the transferability of the Shares is subject to the restrictions set forth in paragraphs 2(A)-(C) above and that Subscriber may not be able to liquidate this
investment in case of an emergency. 
 (J) Subscriber understands that adverse market, economic, or regulatory events may occur
that could result in a partial or total loss of his/her/its investment in the Company. Other than as set forth in the Subscription Agreement and the PPM, Subscriber confirms that no representations or warranties have been made to Subscriber and that
Subscriber has not relied upon any representation or warranty in making or confirming this subscription. 
 (K) Subscriber
understands that there will be placed on the certificates for the Shares and, if appropriate, on the certificates representing the Underlying Common Stock, a legend substantially in conformance with the language in capital letters at the beginning
of this Subscription Agreement. 
 (L) The information provided to the Company by the Subscriber in the Investor Questionnaire
is true and correct as of the date hereof, and Subscriber agrees to advise the Company prior to its acceptance of this subscription of any material change in any such information. Subscriber agrees that the representations and warranties of
Subscriber set forth in this Section 2 shall survive the acceptance of this subscription, in the event that such subscription is accepted. 
 (M) If Subscriber is an individual, he/she/it is a citizen of the United States and a resident of the state set forth on the signature page to this Subscription Agreement, and has no present intent of
changing such state of residency. If Subscriber’s residence changes to a state other than the state indicated by Subscriber before Subscriber purchases the Shares, Subscriber covenants and agrees to properly notify the Company. 

(N) When executed by Subscriber, this Subscription Agreement (including these representations and warranties) will constitute a valid and
binding obligation of Subscriber, enforceable in accordance with its terms. 

  
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 (O) Subscriber understands that the proceeds of this offering will be placed in an escrow
account pending acceptance of the subscription and reaching the minimum amount of proceeds. Subscription funds received after the termination of the offering, or if rejected, will be promptly returned to Subscriber, without interest. 

(P) Subscriber understands and agrees that the subscription set forth herein will not be binding upon the Company until the subscription
is accepted by the Company, that acceptance of any or all subscriptions is within the sole discretion of the Company, and that the Company may choose to accept or reject any or all subscriptions, including this subscription, for any reason or no
reason, in its sole discretion. 
 (Q) Subscriber further understands and acknowledges as follows: 

i. The Shares are being (i) issued and sold without registration under any state or federal law relating to the
registration of securities for sale and (ii) issued and sold in reliance on certain exemptions from registration under applicable state and federal laws. 
 ii. The Shares and the Underlying Common Shares cannot be offered for sale, sold, or transferred by the undersigned other than pursuant to (i) an effective registration under any applicable state
securities law or in a transaction that is otherwise in compliance with such laws, (ii) an effective registration under the 1933 Act or in a transaction otherwise in compliance with the 1933 Act, and (iii) evidence satisfactory to the
Company of compliance with the applicable securities laws of all applicable jurisdictions. The Company shall be entitled to rely upon an opinion of counsel satisfactory to it with respect to compliance with the above laws. 

iii. Except as provided in paragraph 3(C) hereof, the Company will be under no obligation to register the Shares or the
Underlying Common Shares or to comply with any exemption available for sale of the Shares without registration. 

iv. The Company may, if it so desires, refuse to permit the transfer of the Shares or the Underlying Common Shares unless
the request for the transfer is accompanied by an opinion of counsel acceptable to the Company to the effect that neither the sale nor the proposed transfer will result in any violation of the 1933 Act or the securities laws of any other
jurisdiction. Further, the undersigned understands that it will be responsible for paying legal fees for securing the legal opinions required to effect any transfer or exchange of the Shares or the Underlying Common Shares. 

3. REPRESENTATIONS AND COVENANTS OF THE COMPANY 
 The Company hereby makes the following representations and covenants: 
 (A) The
Company is a corporation formed under the laws of the State of Nevada. 

  
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 (B) All corporate action on the part of the Company and its officers, directors, and
shareholders necessary for the authorization, execution, and delivery of and the performance of all obligations of the Company under this Subscription Agreement, and the authorization, issuance (or reservation for issuance), and delivery of the
Shares has been taken or will be taken prior to the closing of this offering, and this Subscription Agreement constitutes (or will constitute upon execution by the Company) the valid and legally binding obligation of the Company enforceable in
accordance with its terms, except as may be limited by (a) applicable bankruptcy, insolvency, reorganization or other laws of general application relating to or affecting the enforcement of creditors’ rights generally, and (b) the
effect of rules of law governing the availability of equitable remedies. 
 (C) The Company will exercise its commercially
reasonable best efforts to make Rule 144 of the 1933 Act available with respect to the Shares and the Underlying Common Shares by continuing to satisfy, until all the Shares are converted and for at least ninety days thereafter, the reporting
requirements necessary for the Company’s common stock to be quoted on the OTC Bulletin Board. In addition, Subscriber will be and is hereby granted the right to include his/her/its Underlying Common Stock, and thus register them for resale, in
any registration statement filed by the Company with respect to shares of its Common Stock under the 1933 Act (other than on Forms S-4 and S-8 or their equivalent) during the two-year period beginning on the termination date of this offering.
Consistent therewith, the Company will give Subscriber fifteen days written notice of its determination to file such registration statement and will include in such registration statement the Underlying Common Stock designated by Subscriber for
inclusion, subject to pro rata cutback at underwriter’s discretion. This piggyback registration right will not be available with respect to any Underlying Common Stock then eligible for resale without limitation under Rule 144 under the 1933
Act. 
 4. INDEMNIFICATION 
 Subscriber hereby agrees to indemnify and hold harmless the Company and the directors, managers, members, officers, employees and agents of the Company from any and all loss, damage, liability or costs
(including attorneys’ fees) due to, or arising out of, any breach of any representation or warranty of Subscriber contained in this Subscription Agreement. 
 5. GOVERNING LAW AND INTERPRETATION 
 This Subscription Agreement shall be
construed in accordance with and governed by the laws of the State of Nevada, without regard to the principles of conflict of law. This Subscription Agreement constitutes the full and entire agreement and understanding of the parties to this
Subscription Agreement with respect to the subjects hereof and supersedes all previous discussions and agreements, if any, of the parties hereto with respect to the subject matter of this Subscription Agreement. No party shall be liable for or bound
in any other manner by any representations, warranties, covenants, or agreements except as specifically set forth in this Subscription Agreement. 

  
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 6. NOTICES 
 The address of record for Subscriber maintained by the Company for all purposes of this Subscription Agreement and the Shares shall be that address set forth beneath Subscriber’s signature on this
Subscription Agreement. Subscriber may change his/her/its address of record only by notifying the Company in the manner prescribed herein. Any notice under this Subscription Agreement or with respect to the Shares shall be in writing and shall be
deemed to have been sufficiently given or served and effective for all purposes when presented personally or five days after deposit with the United States Postal Service, by registered or certified mail, postage pre-paid, addressed to the Company
at its principal place of business and to Subscriber at the address of record maintained by the Company with respect to Subscriber. Any notice under this Subscription Agreement given by any other means (including expedited carrier, messenger
service, ordinary mail or electronic mail) shall be deemed to have been duly given only if it is actually received by the intended recipient. 

7. COUNTERPARTS 
 This
Subscription Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument. Facsimile transmission of signatures shall be deemed
originals. 
 8. MISCELLANEOUS 
 (A) Subscriber agrees not to transfer or assign this Subscription Agreement, or any of Subscriber’s interest herein, to any other person, and further agrees that the transfer or assignment of the
Shares and underlying shares acquired pursuant hereto shall be made only in accordance with the Act and all applicable state securities laws. 
 (B) Notwithstanding any of the representations, warranties, acknowledgments, or agreements made herein by Subscriber, Subscriber does not hereby or in any other manner waive any rights granted to
Subscriber under applicable federal or state securities laws. 
 (C) Within five days after the receipt of a written request
from an officer of the Company, Subscriber agrees to provide such information and to execute and deliver such documents as reasonably may be necessary to comply with any and all laws and regulations to which the Company is subject. 

(D) The representations and warranties of Subscriber set forth herein shall survive the sale of the Shares to Subscriber pursuant to this
Subscription Agreement. 
 (E) Each party hereto shall execute and deliver such additional documents as may reasonably be
necessary or desirable to consummate the transactions contemplated by this Subscription Agreement. 
 (F) Whenever possible,
each provision of this Subscription Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Subscription Agreement shall be prohibited by or invalid under applicable law, such
provisions shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of the Subscription Agreement. 

(G) American Stock Transfer & Trust Company will act as escrow agent for the Company. For more information on the escrow
arrangements, see “Conditions of the Offering—Escrow Arrangements” and “Release From Escrow” on page 19 of the PPM. 

  
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 (H) Subscriber agrees that Subscriber may not cancel, terminate, or revoke this
Subscription Agreement (except as otherwise specifically permitted under applicable state securities laws) and that this Subscription Agreement shall survive the death or dissolution of Subscriber and shall be binding upon Subscriber’s heirs,
executors, administrators, successors, and assigns. 
 [Signature page follows] 

  
 7 

 IN WITNESS WHEREOF, the undersigned has executed this Subscription and Suitability Agreement
as of the date stated below, and hereby certifies that the foregoing information is true and complete. 
  

					
	Date:
                                         
                                         
      	  		  	  

		  		  	(Print name of Subscriber)
	No. of Shares subscribed for:
                                         
         	  		  	  

		  		  	(Signature of Subscriber)*
			
	Funds tendered: $
                                         
                         	  		  	  

	($10,000 per Share subscribed for)	  		  	(Print title of Subscriber, if applicable)
			
	Date:
                                         
                                         
      	  		  	  

		  		  	(Print name of Subscriber)
			
		  		  	  

		  		  	(Signature of Subscriber)*
			
		  		  	  

		  		  	(Print title of Subscriber, if applicable)

 The Offering
is scheduled to close on January 31, 2011, at 5:00 p.m. EST, or at a later or earlier date and time as may be determined by Pro-Pharmaceuticals, Inc. in its sole discretion. 

 
  
 Form of Ownership Information 
 Please PRINT or TYPE the exact name(s) in which the shares
should be registered: 
  
  

									
	Print address:	  		  	Please indicate the form of ownership you
		  		  	desire for the Shares to be issued:
	  
	  		  	  
	  	Individual
		  		  	  
	  	Joint tenants with right of survivorship
	  
	  		  	  
	  	Tenants in common
		  		  	  
	  	Trust
	  
	  		  		  	Name of Trust	  	  

		  		  		  	Name of Trustee(s)	  	  

		  		  		  	  

	Print mailing address if different from above:	  		  		  	Date of Trust	  	  

	  
	  		  	  
	  	Corporation
		  		  	  
	  	Partnership
	  
	  		  	  
	  	LLC
		  		  	  
	  	Custodian
	  
	  		  	  
	  	Other (specify):	  	  

					
	Telephone number: (        )                
                                	  		  		  		  	
	E-mail address:                         
                                         
   	  		  		  		  	

 [Social Security Number or Taxpayer Identification Number and Withholding Information Follows]

  
  

	*	When signing as attorney, trustee, administrator, or guardian, please give your full title as such. If a corporation or other business entity, please sign in full
corporate name by president or other authorized officer. In case of joint tenants or tenants in common, each owner or joint owner must sign. 

  
 8 

 Under penalty of perjury, I certify that (A) the Social Security Number or Federal Taxpayer ID Number
given below is correct and (B) the I am not subject to backup withholding. (INSTRUCTION: YOU MUST CROSS-OUT (B) IF YOU HAVE BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT YOU ARE SUBJECT TO BACKUP WITHHOLDING BECAUSE OF UNDERREPORTING
INTEREST OR DIVIDENDS ON YOUR TAX RETURN). 
  

									
	 Date:
	  	Name:	  	 Social Security of
 Federal Taxpayer ID
 Number:
	  	Signature*	  	(Title, if applicable)
	  
	  	  
	  	  
	  	  

 Under penalty of perjury, I certify that (A) the Social Security Number or Federal Taxpayer ID Number given below is correct and (B) the I am not subject to backup withholding. (INSTRUCTION: YOU
MUST CROSS-OUT (B) IF YOU HAVE BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT YOU ARE SUBJECT TO BACKUP WITHHOLDING BECAUSE OF UNDERREPORTING INTEREST OR DIVIDENDS ON YOUR TAX RETURN). 

 

									
	 Date:
	  	Name:	  	 Social Security of

Federal Taxpayer ID

Number:
	  	Signature*	  	(Title, if applicable)
	  
	  	  
	  	  
	  	  

 Under penalty of perjury, I certify that (A) the Social Security Number or Federal Taxpayer ID Number given below is correct and (B) the I am not subject to backup withholding. (INSTRUCTION: YOU
MUST CROSS-OUT (B) IF YOU HAVE BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT YOU ARE SUBJECT TO BACKUP WITHHOLDING BECAUSE OF UNDERREPORTING INTEREST OR DIVIDENDS ON YOUR TAX RETURN). 

 

									
	 Date:
	  	Name:	  	 Social Security of

Federal Taxpayer ID

Number:
	  	Signature*	  	(Title, if applicable)
	  
	  	  
	  	  
	  	  

 Under penalty of perjury, I certify that (A) the Social Security Number or Federal Taxpayer ID Number given below is correct and (B) the I am not subject to backup withholding. (INSTRUCTION: YOU
MUST CROSS-OUT (B) IF YOU HAVE BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT YOU ARE SUBJECT TO BACKUP WITHHOLDING BECAUSE OF UNDERREPORTING INTEREST OR DIVIDENDS ON YOUR TAX RETURN). 

 

									
	 Date:
	  	Name:	  	 Social Security of

Federal Taxpayer ID

Number:
	  	Signature*	  	(Title, if applicable)
	  
	  	  
	  	  
	  	  

 
  
 To be completed by Pro-Pharmaceuticals, Inc.: 
 ACCEPTED AS OF
            , 201    , AS TO          SHARES. 
 PRO-PHARMACEUTICALS, INC. 
 By:
                                         
                            
 Signature:
                                         
                
 Title:
                                         
                        

 

	*	When signing as attorney, trustee, administrator, or guardian, please give your full title as such. If a corporation or other business entity, please sign in full
corporate name by president or other authorized officer. In case of joint tenants or tenants in common, each owner or joint owner must sign. 

  
 9Consulting Agreement

 Exhibit 10.1 
 CONSULTING AGREEMENT 
 This Consulting Agreement
(“Agreement”) is made by and between Timothy P Mobsby (“Consultant”) and Kellogg International (“Kellogg,” together with its affiliates and subsidiaries, “Company”). Company and
Consultant are collectively referred to herein as “parties,” in singular or plural usages, as required by context. 
 WHEREAS:

  

	A.	Consultant was retirement eligible at the Company and recently elected to retire from full time employment. 

 

	B.	The Company wishes to retain the Consultant to perform part time consulting work for the Company on an exclusive basis subject to the terms of this Agreement.

 IT IS HEREBY AGREED AS FOLLOWS: 
  

	 	1.	Term. This Agreement shall commence on 3 January 2011 (the “Start Date”) and Consultant shall provide the services detailed below for a
period of 18 months from the Start Date (the “Expiration Date”). This Agreement may be extended or terminated sooner as provided below. 

  

	 	2.	Services To Be Provided. Consultant will provide services relating to marketing and business development, as determined by the Company’s President, Kellogg
International or the Chief Executive Officer (the “Services”). Company shall determine the scope of the work to be performed, but Consultant shall have the ability to select the means, manner and method of performing these services.
Consultant shall have the right to perform the projects in such manner as Consultant deems appropriate. Consultant further shall have the right to dictate his hours of work, his reporting time, as well as how much work to perform on-site.
Consultant, however, agrees to use his best efforts to promote Company’s interests, and to give Company the benefit of his experience, knowledge, and skills. Consultant undertakes to perform services in a timely and professional manner and to
devote such time, attention and skill to his duties under this Agreement as may reasonably be necessary to ensure the performance of the Services to Kellogg’s Chief Executive Officer’s satisfaction. 

Nothing herein shall be deemed to preclude Company from retaining the Services of other persons or entities undertaking the same or
similar services as those undertaken by Consultant hereunder or from independently developing or acquiring materials or programs that are similar to, or competitive with, the services. 

  
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	 	3.	Compensation. 

  

	 	a.	In consideration of the performance of the Services and of the acceptance by the Consultant of the restrictive covenants set out in this Agreement, Company will pay
Consultant based on a daily rate equal to the Consultant’s most recent target cash compensation of €3,430 (the “Daily Rate”). For the avoidance of doubt, the Daily Rate shall refer to the rate for a full day’s work
(i.e. 7.5 hours) and if the Consultant works on any given day for less than 7.5 hours, the Daily Rate should be adjusted proportionately. 

  

	 	b.	For the avoidance of doubt, the parties confirm that the total amount payable by the Company to the Consultant in respect of the Services under this Agreement shall not
exceed €1,100,000 (the “Total Amount”. 

  

	 	c.	The Consultant shall invoice the Company for Services on a monthly basis. The Company shall discharge any valid invoice within 60 days of receipt of the valid invoice.

  

	 	4.	Consultant Generally Provides Tools. Consultant will provide all those materials, equipment and other tools necessary to perform the Services for Company.

  

	 	5.	Reimbursement of Travel Expenses. During the term of this Agreement, Company will reimburse Consultant for his actual, reasonable, out-of-pocket expenses for
travel in connection with his work under this Agreement. Consultant shall submit accurate and complete supporting documents for reimbursement of such expenses and shall follow any policies, requirements, or directions imposed by Company in
connection with such expenses. 

  

	 	6.	Preservation of Company Confidential Information. Consultant agrees at all times: 

 

	 	a.	Not to disclose to any third party any Confidential Information learned by Consultant at any time or any Confidential Information developed by Consultant pursuant to
this Agreement; except such information which is now public or hereafter becomes published or otherwise generally available to the public other than through breach of this Agreement; 

 

	 	b.	 That Consultant will only disclose Confidential Information to employees, agents or Subcontractors of Consultant who have a

  
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need to know such information in order to carry out Consultant’s responsibilities hereunder, and only then to those who have been advised that such information is confidential and
proprietary and then only to those who have agreed to accept the same obligation of confidentiality and non-use as Consultant; 

  

	 	c.	Even after any Confidential Information obtained by Consultant or any Confidential Information developed by Consultant pursuant to this Agreement becomes generally
available to the public, not to disclose the fact that such information was furnished to Consultant by Company, originated with Company, an Affiliate or Related Company, or was developed by Consultant pursuant to this Agreement, unless that fact is
also published; and 

  

	 	d.	Not to put to commercial use or use in any way except for the benefit of Company any Confidential Information disclosed to Consultant or any Confidential Information
developed by Consultant pursuant to this Agreement. 

  

	 	e.	As used herein, “Confidential Information” includes any non-public information Consultant receives directly or indirectly from the Company or acquired
or developed in the course of his consultancy and any other non-public information received or developed by, or disclosed to, Consultant during the course of or arising out of his previous employment with the Company, including by way of example
only, trade secrets (including organizational charts, employee information such as credentials, skill sets and background information), ideas, inventions, methods, designs, formulas, systems, improvements, prices, discounts, business affairs,
products, product specifications, manufacturing processes, data and know-how and technical information of any kind whatsoever, unless such information has been publicly disclosed by authorized officials of the Company. In the event information which
is non-public becomes public due to disclosure by Consultant which is not authorized by the Company, such information shall be deemed non-public for purposes of this Agreement. 

 

	 	f.	For the avoidance of doubt, the Consultant may disclose the Confidential Information to the extent required by law or order of a court or governmental agency. However,
in such case, Consultant must give the Company prompt notice and consult with the Company about whether to obtain a protective order or otherwise protect the confidentiality of the Confidential Information, all as directed by and at the
Company’s expense. 

  
 -3-

  

	 	g.	Great loss and immediate and irreparable injury may be suffered by the Company if the Consultant should breach or violate any of the covenants and agreements set forth
in this clause. The parties agree that such covenants and agreements are reasonably necessary to protect and preserve the Company’s interests. 

  

	 	7.	Intellectual Property. As a material condition to which Consultant agrees in exchange for the opportunity to provide the Services, Consultant expressly
acknowledges and agrees that all reports, documents, improvements, discoveries, inventions, processes, designs, plans, and trade secrets, whether of a technical nature or not, made or developed by Consultant alone or in conjunction with any other
person or entity while providing the Services or developed by the Consultant during the course of or arising out of his previous employment with the Company, which relate to or affect the business of Company (“Intellectual
Property”), shall be the sole and exclusive property of Company. Consultant expressly agrees to disclose and reveal to Company all Intellectual Property, and all information regarding Intellectual Property, concurrent with the discovery or
development of the Intellectual Property. Consultant hereby assigns to Company all rights, title, and interests in any Intellectual Property. Consultant agrees that he will not use or disclose any Intellectual Property owned by Company to benefit a
competitor, customer, individual, or other entity without the express written permission of the Chief Executive Officer. The Consultant irrevocably appoints the Company as his attorney and, in his name and on his behalf, to execute and do any
instrument or thing and generally to use his name for the purpose of giving to the Company or its nominee the full benefit of the provisions of this clause 7. 

 

	 	8.	Surrender of Material upon Termination of Agreement. Upon termination of this Agreement, Consultant shall return immediately to the Company all Intellectual
Property (including all books, records, notes, data and information relating to Company or its business and all other Company property), and will so certify in writing that he has done so. 

 

	 	9.	Independent Contractor. Consultant shall perform his duties as an independent contractor and not as an employee. 

Accordingly, Consultant and Company each acknowledge and agree that Consultant will not be treated as an employee for purposes of any
applicable law covering the employer-employee relationship. Consultant further acknowledges that he is responsible for his own taxation affairs and for the payment of any taxation due in respect of the payment to the Consultant in connection with
the provision of Services by the Consultant under this Agreement; and that he 

  
 -4-

 
understands his responsibilities with respect to the payment of these taxes. The Consultant agrees to indemnify the Company against all losses, costs, demands, damages, expenses and claims
howsoever incurred by the Company in relation to the taxation treatment of the payments made under this Agreement or as a result of the breach by the Consultant of any of the terms of this Agreement. 

 

	 	10.	No Benefits. The parties agree that by virtue of the provision of the Services under this Agreement, Consultant shall not be entitled to any Company benefits
pursuant to this Agreement, including but not limited to life insurance, death benefits, accident and health insurance, qualified pension or retirement plan or other benefits. 

 

	 	11.	Contracting Power. In no event shall Consultant have any power or authority to bind Company in any manner, it being expressly understood that Consultant is an
independent contractor and not an agent or employee of Company. No form of joint venture, partnership, or similar relationship between the parties is intended or hereby created as a result of the entry into or performance by the parties of this
Agreement. 

  

	 	12.	Performing Services for Others. The consultancy arrangements contemplated by this Agreement shall be on an exclusive basis. The Consultant shall not during the
course of this Agreement, without the prior written consent of the Chief Executive Officer of the Company, provide any services whether on a consultancy or other basis to any legal or natural person or other entity engaged in the manufacture,
distribution, sale or marketing of any products in competition with the Company’s Products. For the purposes of this clause 12, the tem “Products” shall mean ready-to-eat cereal products, toaster pastries, cereal bars, granola bars,
crispy marshmallow squares, cookies, crackers, or any other grain-based convenience food or ay other product which the Company manufactures, distributes, sells or markets during the term of this Consultancy Agreement. 

 

	 	13.	Termination. 

  

	 	a.	This Agreement shall be terminable by either party, with or without breach, and for any reason and without prior notice. 

 

	 	b.	In the event Company terminates this Agreement without Material Breach or the Agreement expires, the Company shall pay to Consultant a sum equal to the unpaid balance
of the Total Amount. 

  

	 	c.	In the event Company terminates this Agreement for a Material Breach or Consultant terminates this Agreement, Company’s sole liability to Consultant shall be to
pay Consultant for any unpaid amounts earned and accrued hereunder through the date of termination. 

  
 -5-

  

	 	d.	In the event that the parties wish to extend this Agreement beyond the Expiration Date, the parties will mutually agree in writing to the extension no later than 30
days prior to the Expiration Date. If the parties do not mutually agree to extend this Agreement as of 30 days prior to the Expiration Date, this Agreement will terminate on the Expiration Date. 

 

	 	e.	For purposes of this Agreement, termination for Material Breach means termination by the Company because of (i) Consultant’s willful engagement in illegal
conduct or gross misconduct pursuant to which the Company has suffered a loss, (ii) Consultant’s willful and continued failure to perform substantially all of his duties hereunder in any material respect, or (iii) without prejudice to
the generality of clause (ii) any breach by the Consultant of any covenant set out in each of clause 19 and 21 of this Agreement; provided, however, that in the case of clause (ii) and clause (iii), Company must provide written notice of
such breach or failure within thirty (30) days from such written notice to cure such breach or failure. 

  

	 	f.	Following the termination or expiry of this Agreement, Consultant shall co-operate reasonably on a time and materials basis with Company in its, or another’s
efforts on Company’s behalf, to complete any Services in progress as of the effective date of termination and to provide for an orderly transition provided that such support continues for no longer than 60 days from the effective date of
termination. 

  

	 	g.	Notwithstanding the termination or expiry of this Agreement, the obligations pursuant to clause 6 (Confidential Information), 7 (Intellectual Property), 9 (Independent
Contractor), 13 (Termination) 19 (Restrictive Covenants), 21 (Publicity) and 22 (Release) shall remain binding on the parties unless each party is expressly released by the other party in writing. 

 

	 	14.	Consultant’s Representations/Warranties and Covenants. Consultant represents, warrants and covenants to Company the following: 

 

	 	a.	Consultant has the full power and authority to enter into this Agreement without the consent or approval of any other person, including any present or previous employer
except Kellogg; and 

  
 -6-

  

	 	b.	Consultant’s execution, delivery and performance of this Agreement will not violate or cause a breach of any existing employment, consultant or any other
agreement, covenant, promise or any other duties by which Consultant is bound, including confidentiality obligations or covenants not to compete including any present or previous employer except Kellogg. 

 

	 	15.	Assignment. The rights and obligations of the Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of
the Company. The rights and obligations of Consultant are non-assignable. 

  

	 	16.	Limitation of Liability. 

  

	 	a.	Neither party is assuming any liability for the actions or omissions of the other party except as stated in this Agreement. The Company shall indemnify Consultant for
claims arising out of Consultant’s performance of the Services unless such claims arise from Consultant’s gross negligence or willful misconduct in connection with the performance of his work hereunder. 

 

	 	b.	Notwithstanding any provision to the contrary, nothing in this Agreement limits or excludes either party’s liability to the extent it relates to: death or personal
injury caused by its negligence; fraud; fraudulent misrepresentation; or any other liability which may not be lawfully limited or excluded. 

  

	 	c.	Neither party shall be liable for consequential, special, incidental or indirect losses including, without limitation, (i) loss of profits, revenue or goodwill;
(ii) loss of business or (iii) loss of anticipated savings. 

  

	 	d.	Each party agrees to use all reasonable endeavours to mitigate any losses which it may suffer under or in connection with this Agreement (including in relation to any
losses covered by an indemnity) and any amounts it seeks from the other party in respect of any such liability. 

  

	 	17.	 Compliance with Rules. Consultant shall fully comply with all of the Company’s working and safety rules, working hours and holiday
schedules when working at Company’s facility(ies) or premises, and other Company rules and regulations, and Consultant shall be responsible for Consultant’s actions while on Company premises or otherwise providing the Services requested by
Company. Consultant, 

  
 -7-

	 	 
at its own cost, shall procure, maintain, and keep in full force and effect insurance to protect Consultant and the Company in accordance with good industry practice from all claims that arise
out of or result from Consultant’s performance under this Agreement. On request from the Company, the Consultant shall provide evidence, satisfactory to the Company, of the existence or, as the case may be, the renewal of the insurance.

  

	 	18.	Compliance with the Law. During the performance of the Services, Consultant, at his own expense and at all times, shall comply with any and all laws and
ordinances and any and all rules, regulations, and orders of public authorities applicable thereto, including, but not limited to, tax and social welfare laws, applicable worker’s compensation laws, unemployment insurance requirements,
employer’s liability requirements, and minimum wage. Consultant shall file all reports required to be filed in the name of Consultant and pay all taxes, fees and charges required by laws, rules, regulations, and orders, and shall, without
reimbursement by Company, indemnify Company against any and all liabilities and penalties by reason of any failure on the part of Consultant to comply with any such laws, orders, rules, and regulations. 

 

	 	19.	Restrictive Covenants. In the course of the provision of the Services, the Consultant is likely to obtain knowledge or trade secrets of the Company, particularly
in the area of ready to eat cereal and cereal based snacks. Accordingly, Consultant agrees that during the term of this Agreement and for a period of two years from the date of the termination or expiry of the Agreement, Consultant shall not,
without the prior written consent of the General Counsel of Kellogg: 

  

	 	a.	directly or indirectly employ, or solicit the employment of (whether as an employee, officer, director, agent, consultant or independent contractor) any person(s) who
is or was at any time during the previous year an officer, director, representative, agent or employee of Company. If Consultant breaches this clause, it shall promptly pay to the Company a sum equal to the annual salary of the employee(s) in
question (net of benefits) and the parties agree that this amount is a genuine pre-estimate of the loss that the Company is likely to suffer as a result of such breach, or 

 

	 	b.	 directly or indirectly carry on, be engaged, assist or otherwise provide or perform any services of any nature to, for or on behalf of any legal or
natural person or any other entity engaged in the manufacture, distribution, sale or marketing of any products in competition with the Company’s Products. For purposes of this paragraph, the term “Products” shall mean ready-to-eat
cereal products, toaster pastries, cereal bars, granola bars, crispy 

  
 -8-

	 	 
marshmallow squares, cookies, crackers, or any other grain-based convenience food or any other product which the Company manufactures, distributes, sells or markets during the term of this
Consultancy Agreement and for the 2 year period following the date of termination. 

 The Consultant
acknowledges and agrees that the restrictions set out in this clause 19 are reasonable and necessary to protect the interests of the Company. 
  

	 	20.	Severability and Enforcement. 

  

	 	a.	In the event of a breach of threatened breach by Consultant of paragraphs 6, 7, 8, 12, 15, 19 or 21 of this Agreement, Company shall be entitled to a temporary
restraining order and/or a permanent injunction restraining Consultant from breaching the same. Nothing contained herein shall be construed as prohibiting Company from pursuing any other remedies available to it for such breach or threatened breach,
including the recovery of damages from Consultant. In any dispute over the enforcement of a party’s rights under this Agreement, each party shall be responsible for its own legal and other professional fees incurred in enforcing its rights
under this Agreement. 

  

	 	b.	If any provision of this Agreement is invalid or unenforceable by a court of law, (i) such provision shall be deemed to be amended so that the intent of the
parties is fulfilled to the greatest extent possible; and (ii) it would not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. 

 

	 	c.	A waiver by Company or Consultant of a breach of any provision of this Agreement by the other party shall not operate or be construed as a waiver of any subsequent
breach by the other party. 

  

	 	21.	Publicity: Consultant shall not publicize or disclose the existence of this Agreement nor any information regarding any other terms and conditions of this
Agreement (including but not limited to Company’s identity) except on a need to know basis to its professional advisors and employees or agents (if any) in order to perform Consultant’s obligations under this Agreement, unless the Company
has given its prior written consent to any such disclosure or publicity. For the avoidance of doubt, the Consultant agrees, during the term of this Agreement and thereafter, not to engage in any form of conduct or make any statements or
representations that disparage, portray in a negative light, or otherwise impair the reputation, goodwill or commercial interests of the Company, or its past, present and future subsidiaries, divisions, affiliates, successors, officers, directors,
attorneys, agents and employees. 

  
 -9-

  

	 	22.	Release. In consideration of the matters set out in this Agreement and for the avoidance of doubt, Consultant, on his own behalf and on behalf of any person who may
claim by or through the Consultant, irrevocably and unconditionally waives, discharges and releases the Company and/or its respective officers, directors, attorneys, agents and employees from any and all claim or causes of action that the Consultant
had, has or may have, known or unknown, relating to or arising out of the Consultant’s previous employment with the Company including those arising out of the Constitution, contract, common law, in equity, statute (in particular, but not
limited to the Unfair Dismissals Acts 1977–2007, the Minimum Notice and Terms of Employment Acts 1973–2007, the Organisation of Working Time Act 1997, the Redundancy Payments Acts 1967–2007, the Terms of Employment (Information) Acts
1994–2001, the Payment of Wages Act 1991, the Maternity Protection Act 2004 and the National Minimum Wage Act 2000, the Safety Health and Welfare at Work Act 2005, the Employment Equality Acts 1998-2008, the Protection of Employees (Part-Time)
Work Act 2001, the Protection of Employees (Fixed-Term) Work Act 2003, the Adoptive Leave Acts 1995-2005, the Carer’s Leave Act 2001, the Data Protection Acts 1988-2003, the European Communities (Protection of Employees on Transfer of
Undertakings) Regulations 2003, the Industrial Relations Acts 1948-2004, the Parental Leave Acts 1998 and 2006), any and all claims to any form of legal or equitable relief, damages or for any legal or other professional fees or other costs. The
Consultant waives, releases and compromises any and all claims to take a personal injuries claim against the Company, and/or its respective officers, directors, attorneys, agents and employees. Consultant additionally releases and waives any claim
or right he may have to recover in any lawsuit or proceeding against the Company brought by the Consultant, an administrative agency, or any other person on behalf of the Consultant which includes the Consultant in any class.

  

	 	23.	Controlling Law and Venue. Consultant agrees that the construction, interpretation, and performance of this Agreement shall be governed by the laws of Ireland,
including conflict of law. It is agreed that any controversy, claim or dispute between the parties, directly or indirectly, concerning this Agreement or the breach thereof shall only be resolved in the courts of Ireland , and the parties hereby
submit to the exclusive jurisdiction of said courts, provided however that nothing contained in this clause 23 shall limit the right of a party to bring enforcement proceedings in another jurisdiction on foot of an order of an Irish court or other
proceedings seeking provisional or protective relief. This Agreement shall not be construed against the party preparing it but shall be construed as if both parties jointly prepared this Agreement, and any uncertainty and ambiguity shall not be
interpreted against any one party. 

  
 -10-

  

	 	24.	Entire Agreement; Amendment. Consultant agrees that this Agreement (together with the Employee Confidentiality Agreement dated 14 February 2005) constitutes
the entire agreement between him and Company with respect to the matters contemplated by this Agreement, and that this Agreement and supersedes any and all prior and/or contemporaneous written and/or oral agreements relating to such matters.
Consultant acknowledges that this Agreement may not be modified except by written document, signed by him and a duly authorized officer of the Company. 

  

	 	25.	Consultant Acknowledgment. Consultant acknowledges that he has had the opportunity to obtain independent legal advice in regard to this Agreement, that he has
read and understood this Agreement, that he is fully aware of its legal effect, and that he has entered into it freely and voluntarily and based on his own judgment and not on any representations or promises other than those contained in this
Agreement. 

  

	 	26.	Counterparts. This Agreement may be executed simultaneously in one or more faxed counterparts, any one of which need not contain the signatures of more than one
party, but all such counterparts taken together shall constitute one and the same Agreement. 

  

	 	27.	Notices: Any notices required to be sent by a party under this Agreement shall be given in writing and shall be deemed to have been duly given if sent by
registered prepaid post to the last known address of the other party. Any such notice shall be deemed to have been given two working days after registered prepaid posting or in the case of a notice delivered personally at the time of delivery.

  
 -11-

 IN WITNESS WHEREOF, Company and Consultant have duly executed and delivered this Agreement
as of the day first written above. 
  

					
	CONSULTANT	 		 	Kellogg International
			
	TIMOTHY P. MOBSBY	 		 	PAUL NORMAN
		 		 	President, Kellogg International
			
	 /s/ Tim Mobsby
	 		 	 /s/ Paul Norman

	Signature	 		 	Signature

  
 -12-

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