Document:

Exhibit 10.18

 

CONSULTING AGREEMENT

 

This Consulting Agreement (this
“Agreement”) is made and entered into as of March 16, 2021, by and between Kaival Brands Innovations Group, Inc., a
Delaware corporation (the “Company”), and Russell Quick (“Consultant”).

 

WHEREAS, the Company desires
to engage Consultant to perform certain consulting services (the “Services”) relating to the Company’s business
and financial affairs, including, but not limited to the identification of and introduction to individuals potentially qualified to serve
as directors and/or officers of the Company; and

 

WHEREAS, Consultant is willing
and able to perform such Services on behalf of the Company for the consideration and on the terms and conditions set forth below in this
Agreement.

 

NOW, THEREFORE, in consideration
of the mutual covenants and promises herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the Company and Consultant, intending to be legally bound, hereby agree as follows:

 

1.      Consulting
Services. The Company hereby engages Consultant, and Consultant hereby accepts the engagement, to provide the Services to the
Company during the term of this Agreement.

 

2.      Duties.
During the term of this Agreement, Consultant shall provide the Services as shall be reasonably requested from time to time by the Company’s
management or the Board of Directors (the “Board”), including, but not limited to, introducing the Company’s
management and the Board to individuals qualified to serve as directors and officers of the Company and advising the Company’s management
and the Board on various matters. In rendering the Services hereunder, Consultant shall be acting solely as an independent contractor
and not as an employee of the Company.

 

3.      Compensation;
Expense Reimbursements. In consideration of Consultant agreeing to render the Services, the Company shall grant to Consultant
(i) on March 16, 2021, non-qualified stock options to purchase 500,000 shares of the Company’s common stock that completely vests
on December 1, 2021 (the “March Options”), (ii) on December 1, 2021, the first Renewal Term (as defined below), non-qualified
stock options to purchase 500,000 shares of the Company’s common stock that completely vests on December 1, 2022 (the “December
2021 Options”), and (iii) thereafter, on each December 1st during the Term (as defined below) of this Agreement, non-qualified
stock options to purchase 500,000 shares of the Company’s common stock that completely vests on the one-year anniversary of the
grant date (the “Annual Options” and, together with the March Options and the December 2021 Options, the “Options”).
The Options shall be granted under and be subject to the terms and provisions of the 2020 Stock and Incentive Plan, as the same may be
amended from time to time (the “Incentive Plan”), and shall be granted subject to the execution and delivery of option
award agreements in substantially the same form attached hereto as Exhibit A, and as may, from time to time, be amended by the
Board, setting forth such terms and conditions as may be required by the Board or the Incentive Plan. Consultant shall be entitled to
reimbursement of reasonable expenses on such terms and conditions as are applicable to the Company’s non-employee directors. Except
as specifically provided in this Agreement, Consultant shall not be entitled to receive any additional fee, compensation, or other benefit
for providing the Services.

 

    

     

    

 

4.      Confidential
Information.

 

(a)       “Confidential
Information” means: (i) any information disclosed by the Company to Consultant, either directly or indirectly, in writing, orally
or by inspection of tangible objects that has been designated by the Company as “confidential,” either in writing or orally,
prior to, at or promptly after the time of disclosure, or that Consultant clearly understands by the nature of the information to be confidential,
proprietary information of the Company; (ii) any information disclosed by the Company, its management, employees, or Board members, either
in writing, orally or otherwise; and (iii) any information obtained or derived by Consultant, directly or indirectly, through inspection,
examination, review or analysis of any of the foregoing. Confidential Information may also include information of a third party that is
in the possession of the Company and is disclosed to Consultant. Confidential Information does not include information: (x) that is or
becomes publicly known without any breach of this Agreement; or (y) that is independently developed by Consultant without use of any Confidential
Information (Consultant shall bear the burden of establishing the applicability of this exception by competent evidence).

 

(b)      Non-Use, Non-Disclosure
and Return of Confidential Information. Consultant shall not, without the prior written consent of the Company: (i) use Confidential
Information for any purpose other than to perform the Services; (ii) disclose Confidential Information to any third party; (iii) reverse
engineer the function or mechanism of any Confidential Information; (iv) make any copies of Confidential Information; (v) enter into a
transaction with any third party, the existence of or opportunity for which was first disclosed by the Company to Consultant as Confidential
Information; or (vi) remove any Confidential Information from the Company’s premises or locations at which the Company, or the Board
or committees of the Board, may hold meetings if the Company requests that it not be removed. Immediately upon termination of this Agreement,
Consultant shall return to the Company and delete from any personal computer or other device all originals and all copies of any Company
property, Confidential Information, and all materials, documents, notes, manuals, computer disks, computers or lists containing or embodying
Confidential Information, or relating directly or indirectly to the business of the Company, which are in Consultant’s possession
or control. Consultant specifically acknowledges that the Company’s possession of its Confidential Information gives the Company
a competitive advantage over other companies or persons who do not possess such Confidential Information and, therefore, that any disclosure
to or use of Confidential Information by persons not engaged by the Company or who are not authorized by the Company to receive or use
the information will cause harm to the Company and provides such persons an unfair competitive advantage which they would not have had
without the use of having obtained access to such Confidential Information.

 

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(c)       No Trading on
or Tipping of Confidential Information. Consultant acknowledges and agrees that he will be in a position to obtain, and will obtain
in the performance of the Services, “material, nonpublic information” under applicable federal and state securities laws,
rules, and regulations. Consultant acknowledges that he is aware that United States securities laws would prohibit any person in possession
material, non-public information about a company from purchasing or selling, directly or indirectly, securities of such company (including
entering into hedging transactions involving such securities), or from communicating such information to any other person under circumstances
in which it is reasonably foreseeable that such person is likely to purchase or sell such securities. Consultant will not use or permit
any third party to use any material, non-public information in contravention of United States securities laws and will not purchase, sell,
trade, transfer or otherwise transact in the Company’s securities while in possession of any material, non-public information. Consultant
may only purchase, sell, trade, transfer, or otherwise transact in the Company’s securities while not in possession of material,
non-public information and then only during so-called “window periods” as set forth in the Company’s insider trading
policy applicable to all executive officers and directors of the Company and its subsidiaries.

 

5.      Injunctive
Relief. Consultant agrees that his violation or threatened violation of any of the provisions of Section 4 of this Agreement shall
cause immediate and irreparable harm to the Company. In the event of any breach or threatened breach of any of said provisions, Consultant
consents to the entry of preliminary and permanent injunctions by a court of competent jurisdiction prohibiting Consultant from any violation
or threatened violation of such provisions and compelling Consultant to comply with such provisions. This Section 5 shall not affect or
limit, and the injunctive relief provided in this Section 5 shall be in addition to, any other remedies available to the Company at law
or in equity for any such violation by Consultant.

 

6.      Independent
Contractor. From and after the date hereof, Consultant agrees that he shall be an independent contractor of the Company, not an
employee, and that he has no authority to represent himself as an agent or employee or to assume or create any obligation or responsibility
on behalf of or in the name of the Company, unless specifically authorized by the Company in writing. Consultant will bear sole responsibility
to pay any taxes on his compensation and acknowledges that he will receive a Form 1099 from the Company after the end of each calendar
year. Consultant also agrees that he shall not knowingly take any action which would impair the value of the business or assets of the
Company or any subsidiary, including, without limiting the generality of the foregoing, interfere with contractual relationships of the
Company or any subsidiary and their customers, suppliers, executives, or others, any action which disparages or diminishes the reputation
of the Company or any subsidiary or any action which diverts customers of the Company or any subsidiary.

 

7.      Term;
Termination.

 

(a)       The initial term of
this Agreement shall be for a nine-month period, commencing on March 1, 2021 and ending on December 1, 2021 (the “Initial Term”).
Thereafter, this Agreement shall automatically renew annually on December 1st of each year for additional one-year terms (the
“Renewal Terms” and, together with the Initial Term, the “Term”).

 

(b)       Either party may terminate
this Agreement upon at least ten (10) days prior written notice to the other party.

 

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8.      Assignment.
This Agreement is personal to Consultant, and Consultant may not assign any interest herein in any manner whatsoever. Any purported assignment
by Consultant shall be void. In addition to assignments by operation of law, the Company shall have the right to assign this Agreement
to any person, firm or corporation, controlling, controlled by, or under common control with the Company (including, without limitation,
any of its subsidiaries), or acquiring substantially all of its assets, but such assignment shall not release the Company from its obligations
under this Agreement. The covenants and agreements of Consultant contained in Section 4 shall survive and remain in full force and effect
beyond the term of this Agreement.

 

9.      Applicable
Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Florida, without reference
to principles of conflict of laws. The exclusive venue for all actions involving the enforcement and/or interpretation of this Agreement
shall be Orange County, Florida. Should any action, of any type, be necessary to enforce and/or interpret the terms of this Agreement,
the substantially prevailing party shall be entitled to an award of its/his reasonable attorney’s fees and costs, at all levels
including appeals.

 

10.    Notices.
All notices, requests, consents, and other communications required or provided under this Agreement shall be in writing and shall be deemed
sufficient if delivered by hand, by email (with electronic “answerback” confirmation of successful transmission), nationally
recognized overnight courier, or certified or registered mail, return receipt requested, postage prepaid, and shall be effective upon
delivery as follows:

 

If to Consultant:

 

Russell Quick

_____________________________________________

 

_____________________________________________

 

Email: ________________________________________

 

If to the Company:

 

Kaival Brands Innovations Group,
Inc.

4460 Old Dixie Highway

Grant, Florida 32949

Attn: Eric Mosser

Email: eric@kaivalbrands.com

 

Either party may change the address
and/or email address to which notices are to be sent to that party by giving written notice of such change of address to the other party
in the same manner above provided for giving notice.

 

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11.    Severability.
If any term, covenant, or condition of this Agreement or the application thereof to any party or circumstance shall, to any extent, be
determined to be invalid or unenforceable, the remainder of this Agreement, or the application of such term, covenant, or condition to
parties or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby and each term,
covenant, or condition of this Agreement shall be valid and be enforced to the fullest extent permitted by law, and any court having jurisdiction
may reduce the scope of any provision of this Agreement so that it complies with applicable law.

 

12.    Entire
Agreement. This Agreement constitutes the entire agreement of the parties relative to the subject matter contained herein, superseding,
canceling, and replacing all prior agreements, with respect thereto. No promises, covenants, or representations of any character or nature
other than those expressly stated herein have been made to induce either party to enter into this Agreement. This Agreement shall not
be amended, modified, waived, or discharged except in writing duly signed by each of the parties or their authorized assignees.

 

13.    Waiver.
Consultant’s or the Company’s failure to insist upon strict compliance with any provision of, or to assert any right under,
this Agreement shall not be deemed to be a waiver of such provision or right or of any other provision of or right under this Agreement
except to the extent any other party hereto is materially prejudiced by such failure.

 

14.    Headings.
The headings in this Agreement are for convenience of reference only and shall not affect in any way the construction or interpretation
of this Agreement.

 

15.    Execution.
This Agreement may be executed in two or more counterparts, each of which shall be an original, but all of which shall constitute one
and the same instrument. Facsimile or other electronic signatures shall be accepted by the parties as originals.

 

[SIGNATURES ON FOLLOWING PAGE]

 

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IN WITNESS WHEREOF, the parties
have executed this Agreement as of the date first above written.

 

	Consultant	 	Kaival Brands Innovations Group, Inc.
	 	 	 	 
	/s/ Russell Quick	 	By:	/s/ Eric Mosser
	Russell Quick, individually	 	Name: 	Eric Mosser
	 	 	Its: 	Chief Operating Officer

 

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EXHIBIT A

 

Form of Non-Qualified Stock Option Award Agreement

 

KAIVAL BRANDS INNOVATIONS GROUP, INC.

2020 STOCK AND INCENTIVE COMPENSATION PLAN

 

Nonqualified Stock Option

 

Grant of Option. KAIVAL
BRANDS INNOVATIONS GROUP, INC., a Delaware corporation (the “Company”), hereby grants to the Awardee named below a Nonqualified
Stock Option for the purchase of up to but not exceeding the number of shares of the Company’s Common Stock, $.001 par value per
share (the “Option”), exercisable at the price and upon the terms and conditions set forth below, and subject to any adjustments
made pursuant to Section 14 of the Company’s 2020 Stock and Incentive Compensation Plan (“Plan”):

 

	 	Awardee: 	Russell Quick	 
	 	 	 	 
	 	Number of Shares:	500,000	 
	 	 	 
	 	Grant Date: 	March 16, 2021	 
	 	 	 
	 	Exercise Price/Share: 	$2.39	 
	 	 	 
	 	Expiration Date: 	March 15, 2031	 

 

Approval of Counsel Required
for Issuance of Common Stock. No shares of Common Stock shall be issued pursuant to the exercise of the Option unless counsel for
the Company shall be satisfied that such issuance will be in compliance with applicable Federal and state securities laws.

 

Option Subject to Plan.
The Option is granted as a Nonqualified Stock Option as defined in Section 2(w) of the Plan that is not intended to qualify as
an incentive stock option within the meaning of Section 422 of the Internal Revenue Code, is issued pursuant to the Plan, and is in all
respects subject to the terms, provisions, conditions and restrictions of the Plan. In the event of any conflict between this instrument
and the Plan, the Plan shall control.

 

Defined Terms. Except as
otherwise defined herein, capitalized terms used in this instrument shall have the meanings ascribed to such terms in the Plan.

 

Exercise Price. The Option
exercise price set forth above for each related Common Share is not less than the Fair Market Value of each Common Share calculated as
of the date of grant in accordance with Section 2(t) of the Plan. The exercise price is subject to adjustment pursuant to Section 14 of
the Plan.

 

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Vesting of Option. The
Option will become vested and exercisable with respect to the number of shares set forth in the vesting schedule below until the Option
is 100% vested, except as otherwise provided in the Plan:

 

	DATE VESTED AND EXERCISABLE	NUMBER of SHARES EXERCISABLE
	December 1, 2021	500,000

 

Option Period. The Option,
or any part thereof, may be exercised at any time between the date at which it becomes vested and exercisable and the Expiration Date
set forth above, inclusive of such dates, except that in the event of the Awardee’s death, or his or her Disability (as defined
under Section 2(p) of the Plan), or if the Awardee’s employment by the Company is terminated for any reason, or if there is a Change
of Control of the Company, then the provisions of Sections 12(c) and 14(b) of the Plan, respectively, shall govern the option period.

 

Method of Exercise. The
Option is exercisable by providing a written notice of exercise in accordance with the procedures adopted by the Committee, but subject
to all conditions and restrictions set forth in the Plan, and the Option consideration shall be payable in one of the forms permitted
under Section 8(f) of the Plan, as determined by the Committee. The exercise price for the number of shares exercised under the Option
shall be payable in full at the time of exercise.

 

Transferability. The Option
is not assignable or transferable except by will or the laws of descent or distribution and is exercisable during the Awardee’s
lifetime only by him or her. No assignment or transfer of the Option, or the rights represented thereby, whether voluntary or involuntary,
by operation of law or otherwise (except to a designated beneficiary, upon death, by will or the laws of descent or distribution) will
vest in the assignee or transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the Option
will terminate and become of no further effect.

 

Tax Withholding on Exercise.
Awardee shall satisfy the Company’s withholding obligation of any federal, state, local or foreign taxes of any kind required to
be withheld as a result of an exercise of the Option by providing payment of the amount of such withholding: (i) by cash, certified or
cashier’s check, money order or personal check; (ii) by delivery of shares of the Company’s common stock already owned by
Awardee; (iii) by the Company’s withholding from other compensation payable to Awardee by the Company; or (iv) pursuant to a request
by Awardee, by withholding from the shares of common stock to be delivered upon exercise of the Option no more than the maximum number
of shares that is necessary to satisfy the statutory withholding obligation.

 

	KAIVAL BRANDS INNOVATIONS GROUP, INC.	 	 	 
	 	 	 	 	 
	By:	 	 	Date:	 
	 	 	 	 	 
	Title:	 	 	 	 

 

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The Awardee acknowledges receipt
of a copy of the Plan, represents that he or she is familiar with the terms and provisions thereof, and hereby accepts the Option evidenced
hereby subject to all the terms, provisions, conditions and restrictions of the Plan. The Awardee also understands that this Option is
not intended to qualify as an Incentive Stock Option as defined in Section 422 of the Code. Accordingly, the Awardee understands
that he or she will recognize taxable income upon exercise of the Option based on the difference between the Option exercise price and
the Fair Market Value of the shares at the time of exercise.

 

	Signature:	 	 
	 	 	 
	Printed Name:	 	 
	 	 	 
	Date:	 	 

 

9Exhibit 10.19

 

SECOND AMENDMENT TO SERVICE AGREEMENT

 

This Second Amendment to Service
Agreement (this “Second Amendment”), effective as of March 16, 2021 (“Second Amendment Effective Date”),
is by and between KAIVAL BRANDS INNOVATIONS GROUP, INC., a Delaware corporation (the “Client”), and QUIKFILLRX
LLC, a Florida limited liability company (the “Contractor”).

 

WHEREAS, the Client and the Contractor
entered into that certain Service Agreement effective as of March 31, 2020 (the “ Original Agreement”), as amended
by that First Amendment effective as of June 2, 2020 (the “First Amendment” and, together with the Original Agreement,
the “Agreement”); and

 

WHEREAS, the Client and the Contractor
desire to further amend the Agreement as set forth in this Second Amendment.

 

NOW, THEREFORE, in consideration
of the premises set forth above and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the Client and the Contractor agree as follows:

 

AMENDMENT AND AGREEMENT

 

		1.	Defined Terms. Capitalized terms used and not otherwise defined herein
will have the respective meanings ascribed to them in the Agreement.

 

		2.	Amendments. The Agreement is amended as follows:

 

	 	2.1	Schedule “B”
    – Compensation of the Agreement is amended and restated in its entirety as follows:

 

“General Compensation: The following
constitutes “General Compensation”:

 

	 	●	For each calendar month commencing November 1, 2020 through October 31, 2021, on or before the ninth (9th) day of such month, the Client shall pay the Contractor an amount equal to $125,000 for the Services to be performed during such calendar month.

 

	 	●	In the event the Parties further agree to extend the term of this Agreement beyond October 31, 2021 and such extension is agreed to on or before October 15, 2021, but in any event subject to the express terms of any such mutual extension or renewal and in the event of any inconsistency between the terms hereof and the terms of such extension or renewal the terms of such extension or renewal shall control to the extent of such inconsistency, (i) this Agreement shall renew for an additional term of one year commencing November 1, 2021 through October 31, 2022, and (ii) for each calendar month commencing during such renewal term, on or before the ninth (9th) day of such month, the Client shall pay the Contractor an amount equal to $150,000 for Services to be performed during such calendar month.
	 	●	In the event the Parties further agree to extend the term of this Agreement beyond October 31, 2022 and such extension is agreed to on or before October 15, 2022, but in any event subject to the express terms of any such mutual extension or renewal and in the event of any inconsistency between the terms hereof and the terms of such extension or renewal the terms of such extension or renewal shall control to the extent of such inconsistency, (i) this Agreement shall renew for an additional term of one year commencing November 1, 2022 through October 31, 2023, and (ii) for each calendar month commencing during such renewal term, on or before the ninth (9th) day of such month, the Client shall pay the Contractor an amount equal to $150,000 for Services to be performed during such calendar month.

 

Gross Revenue Quarterly Bonus Compensation:
The following constitute “Bonus Compensation”:

 

During the renewal Term of this Agreement expiring
October 31, 2021, and during any extension or renewal of this Agreement as may be mutually agreed upon by the Parties in writing, but
in any event subject to the express terms of any such mutual extension or renewal and in the event of any inconsistency between the terms
hereof and the terms of such extension or renewal the terms of such extension or renewal shall control to the extent of such inconsistency,
the Client shall pay the Contractor bonus compensation based on the Client’s gross quarterly sales during each applicable fiscal
quarter that are attributable to the Services provided by the Contractor hereunder, as the same may be reasonably determined by the Client
(such amount being hereinafter referred to as the “Applicable Gross Quarterly Sales”), which determination shall be made by
the Client within fifteen (15) calendar days following the end of any applicable fiscal quarter and the amount of such bonus shall be
paid on or before the thirtieth (30th) day of such calendar month as follows:

 

    

     

    

 

	 	●	An amount equal to 0.9% of the Applicable Gross Quarterly Sales, which amount shall, at the Client’s option be paid in (a) cash or (b) shares of the Client’s common stock, par value $0.001 per share (“Common Stock”), or (c) a combination of cash and Common Stock, subject to the following:

 

		►	If
                                            the Client determines to issue shares of Common Stock in lieu of cash payment, then the number
                                            of shares to be issued shall be based upon a per share price equal to the average closing
                                            price of the Client’s Common Stock as reported by the OTC Markets Group, Inc. on the
                                            three (3) trading days immediately preceding the date of issuance of such shares of Common
                                            Stock.

 

		►	The
                                            shares of Common Stock issued to the Contractor shall be issued with a restrictive legend.
                                            Unless the shares of Common Stock are covered by an effective registration statement pursuant
                                            to the Securities Act of 1933, as amended (the “Securities Act”), an event that
                                            is not currently anticipated, the shares of Common Stock shall constitute “restricted
                                            securities,” as such term is defined in Rule 144 promulgated under Rule 144 of the
                                            Securities Act. The Contractor acknowledges and agrees that: (i) the shares of the Common
                                            Stock will not have been registered under the Securities Act or the securities laws of any
                                            state, (ii) there may not exist a market for resale of the shares of Common Stock, and (iii)
                                            such shares of Common Stock may need to be held indefinitely unless the shares of Common
                                            Stock are subsequently registered under the Securities Act or an exemption from registration
                                            is available. The Client has no obligation to register the shares of Common Stock under the
                                            Securities Act or otherwise. In connection with any transfer of the shares of Common Stock
                                            by the Contractor, the Client may require the Contractor to provide to the Client, at its
                                            expense, an opinion of counsel, satisfactory to the Client, that such transfer is in compliance
                                            with all applicable federal and state securities laws (including, without limitation, the
                                            Securities Act). Any attempted disposition of the shares of Common Stock not in accordance
                                            with the terms and conditions set forth in this Schedule “B”, shall be null and
                                            void, and the Company shall not reflect on its records any change in record ownership of
                                            any shares of Common Stock as a result of any such disposition, shall otherwise refuse to
                                            recognize any such disposition, and shall not in any way give effect to any such disposition
                                            of any shares of Common Stock.

 

		►	In
                                            no event shall the Client be permitted to exercise its option to issue the Client’s
                                            Common Stock in lieu of a cash payment for such Bonus Compensation (i) subject to the express
                                            terms of any such mutual extension or renewal and in the event of any inconsistency between
                                            the terms hereof and the terms of such extension or renewal the terms of such extension or
                                            renewal shall control to the extent of such inconsistency, in excess of an aggregate amount
                                            of 12,000,000 shares of Common Stock for any renewal term for the periods commencing November
                                            1, 2020 through October 31, 2021, commencing November 1, 2021 through October 31, 2022, or
                                            commencing November 1, 2022 through October 31, 2023, and (ii) subject to the express terms
                                            of any such mutual extension or renewal and in the event of any inconsistency between the
                                            terms hereof and the terms of such extension or renewal the terms of such extension or renewal
                                            shall control to the extent of such inconsistency, the maximum amount of the Client’s
                                            Common Stock issuable in connection with any such Bonus Compensation for the period beginning
                                            on the Effective Date through October 31, 2023 shall not exceed an amount equal to 30,000,000
                                            shares of Common Stock.

 

    

     

    

 

		►	Notwithstanding
                                            anything to the contrary contained herein, if the Client either (i) suffers a Change of Control
                                            Transaction or (ii) generates gross revenues, in the aggregate, in excess of $1 billion during
                                            the period between March 9, 2020 and October 31, 2023 (the “Revenue Target”);
                                            provided that the Agreement is still in effect at the date either the Change of Control Transaction
                                            occurs or the Revenue Target is met, then within five (5) business days of the closing of
                                            such Change of Control Transaction or the Revenue Target is met the Client shall issue the
                                            Contractor a number of shares of Common Stock equal to 12,000,000 shares less the number
                                            of shares of Common Stock previously issued to the Contractor during the applicable period,
                                            if any, in which such Change of Control Transaction or the Revenue Target occurs (with the
                                            applicable period being the period commencing November 1, 2020 through October 31, 2021,
                                            the period commencing November 1, 2021 through October 31, 2022, or the period commencing
                                            November 1, 2022 through October 31, 2023). If the Client terminates this Agreement as part
                                            of such Change of Control Transaction, no further Bonus Compensation shall be payable by
                                            the Client to the Contractor for the fiscal quarter in which the Change of Control Transaction
                                            occurs. If this Agreement continues following such Change of Control Transaction, the Client
                                            shall be credited the value of such Common Stock against any obligation to pay Bonus Compensation
                                            for the fiscal quarter in which the Change of Control Transaction occurs. Notwithstanding
                                            anything to the contrary above, in no event shall the Client be obligated to issue the Contractor
                                            any shares of Common Stock pursuant hereto if the Client provides notice to the Contractor
                                            of termination of this Agreement prior to the consummation of the Change of Control Transaction
                                            or the Revenue Target is met with (for) cause. A “Change of Control Transaction”
                                            means any of the following: (i) any sale, lease or other disposition of all or substantially
                                            all of the Client’s assets, (ii) any merger, consolidation, equity exchange, reorganization,
                                            or other similar transaction or series of transactions in which the equity holders of the
                                            Client as of the Effective Date collectively own fifty percent (50%) or less of the voting
                                            power in the resulting entity immediately after such event, and (iii) any purchase or purchases
                                            by any person or persons of equity interests of the Client, the effect of which is that the
                                            equity holders of the Client as of the Effective Date collectively own fifty percent (50%)
                                            or less of the voting power in the Client immediately after such event.

 

An amount equal to 0.27% of the Applicable Gross Quarterly
Sales, which amount must be paid in cash.

 

Reimbursement of Certain Expenses: The following
constitute “Reimbursable Expenses”:

 

The Client shall reimburse the Contractor for any
actual out-of-pocket, third-party expenses incurred by the Contractor so long as the same are pre-approved by the Client in writing, which
approval may be given or withheld in the Client’s sole discretion. In no event shall the Client be obligated to reimburse the Contractor
for any internal expenses, including staff, overhead or allocation of resources or for any other costs incurred by the Contractor in the
performance of Services.”

 

		3.	No Other Amendment; Effective Date. Except as expressly set forth
herein, this Second Amendment shall not by implication or otherwise alter, modify or amend or in any way affect any of the terms, conditions,
obligations, covenants, or agreements contained in the Agreement, all of which are revived in all respects and shall be in full force
and effect. This Second Amendment will be deemed effective as of the Second Amendment Effective Date.

 

		4.	Governing Law. This Second Amendment shall be deemed executed and
delivered in the State of Florida and shall be governed and enforced by and interpreted in accordance with the laws of the State of Florida,
without giving effect to its conflicts of laws rules and principles.

 

		5.	Counterparts. This Second Amendment may be executed in counterparts;
each of which when so executed and delivered shall be deemed an original and such counterparts shall constitute one instrument.

 

[Signature page follows.]

 

    

     

    

 

IN WITNESS WHEREOF, the parties
have executed this Second Amendment as of the Second Amendment Effective Date:

 

	CLIENT
	 	 	 
	 	KAIVAL BRANDS
    INNOVATIONS GROUP, INC.
	 	 	 
	 	By:	/s/
    Eric Mosser
	 	Name:	Eric Mosser
	 	Title:	Chief Operating Officer
	 	 	 
	CONTRACTOR
	 	 	 
	 	QUIKFILLRX LLC
	 	 	 
	 	By:	/s/
    Russell Quick
	 	Name:	Russell Quick
	 	Title:	Manager

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