Document:

Exhibit 10.1

 

Grey Fox
Holdings Corp 2300137 ontario inc & Andrea Zecevic Operational Agreement

 

 

April 27, 2018

 

 

Grey Fox Holdings
Corp , hereby approves the appointment of Andrea Zecevic and Bopuvr.com via this operating agreement as the company
Comptroller. The comptroller shall oversee company transition in other business models such as hospitality travel and tourism
sectors.

 

		1.1.	Agreement

 

In consideration of the mutual covenants herein contained and
for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Members executing
this Agreement hereby agree to the terms and conditions of this Agreement, as it may be amended from time to time. It is the express
intention of the Members that this Agreement shall be the sole statement of agreement among them, and, except to the extent a provision
of this Agreement expressly incorporates matters by express reference, this Agreement shall govern even when inconsistent with
or different from the provisions of the Act or any other provision of law.

 

		1.2.	Purpose; Powers

  

		b)	Powers. Subject to all of the terms and provisions hereof, the Company shall have all powers necessary, suitable or convenient
for the accomplishment of the purpose of the Company, including, without limitation, the following:

 

		1)	to purchase, sell, invest and trade in securities of every kind, including, without limitation, capital stock, limited partnership
interests, bonds, notes, debentures, securities convertible into other securities, trust receipts and other obligations, instruments
or evidences of indebtedness, as well as in rights, warrants and options to purchase securities;

 

		2)	to make and perform all contracts and engage in all activities and transactions necessary or advisable to deal with banking
and other corporate mattersout the purposes of the Company, including, without limitation, the purchase, sale, transfer, pledge
and exercise of all rights, privileges and incidents of ownership or possession with respect to any Company asset or liability;
the borrowing or lending of money and the securing of payment of any Company obligation by hypothecation or pledge of, or grant
of a security interest in, Company assets; and the guarantee of or becoming surety for the debts of others; and

 

		3)	otherwise to have all the powers available to it as a limited liability company under the Act.

 

	2.	TERM AND TERMINATION OF THE COMPANY

 

		2.1.	Term

 

The term of the Company shall continue until preferred shares
sold to new buyer or unless sooner terminated as provided in agreement. The last day of the term of the Company, as such may be
extended as provided herein, is referred to herein as the “Termination Date.”

 

		2.2.	Termination

 

The Company shall terminate prior to the end of the period specified
in Paragraph 2.1 at the election of the Managing Members. The Managing Members shall deliver notice of such termination to the
Non-Managing Members.

 

 

 

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		2.3.	Extension of Term

 

The term of the Company may be extended by the Managing Members.
The Managing Members shall provide notice of any such extension to the Non-Managing Members.

 

	3.	INITIAL MEMBERS; CHANGES IN MEMBERSHIP

 

		3.1.	Name and Address

 

The persons listed on Exhibit A are hereby admitted as Members
of the Company. Exhibit A shall be amended from time to time to reflect changes in the membership of the Company (including the
admission of Additional Members). Any such amended Exhibit A shall supersede all prior Exhibit A’s and become part of this
Agreement and shall be kept on file at the principal office of the Company. Death, Disability or Withdrawal of a Managing Member

 

		a)	In the case of a Managing Member’s death, permanent physical or mental disability or withdrawal from the Company, the
Company shall not dissolve or terminate, but its business shall be continued without interruption or without any break in continuity
by the remaining Members, with the remaining Managing Member continuing to serve as the sole Managing Member unless he appoints
an additional Managing Member, in his sole discretion. Any deceased, disabled or withdrawn Managing Member (or the holder of his
interest) shall become a Non-Managing Member, and the interest of such Managing Member shall become a Non-Managing Member’s
interest. Such former Managing Member or the holder of such interest shall have no right to participate in the management of the
Company and no right to consent to or vote upon any matter, except as provided in Paragraph 13.7.

 

		b)	If such change in the former Managing Member’s status shall result in multiple ownership of any Non-Managing Members
interest, one or more trustees or nominees may be required to be designated to represent a portion of or the entire Non-Managing
Members interest for the purpose of receiving all notices which may be given and all payments which may be made under this Agreement,
and for the purpose of exercising all rights which such Non-Managing Member has pursuant to the provisions of this Agreement.

 

		3.2.	Withdrawal of a Member

 

		a)	Except with the consent of the Managing Members, the interest of a Member may not be withdrawn from the Company in whole or
in part except in the event of the death or declaration of legal incompetency of such Member and in such event only if the election
to withdraw is given by the personal representative or representatives of such Member in writing to the Managing Members within
[NUMBER] months after the date of the appointment of such personal representative or representatives, or within [NUMBER] months
from the date of death or declaration of legal incapacity of such Member, whichever is earlier. In the event of such election to
withdraw, the interest of such Member shall be withdrawn in its entirety and shall be valued as of the date of withdrawal pursuant
to the provisions of Paragraph 12.2 and paid for in the manner hereinafter provided by this paragraph. The Managing Members shall
be entitled, in their sole discretion, to make the distribution in respect of the interest of the withdrawing Member in cash, in
kind or pursuant to a promissory note due upon termination of the Company, or in any combination thereof. If any distribution is
to be made in kind and if such distribution cannot be made in full because of restrictions on the transfer of Securities or for
any other reason, distribution may be delayed until an effective transfer and distribution may be made, and Securities that will
be transferred in respect of the withdrawing Members interest shall be designated. Such designated Securities will nevertheless
be subject to the full right and power of the Managing Members to deal with them in the best interests of the Company, including
the right to substitute other Securities of equivalent value.

 

		b)	In the event of the withdrawal of any Member pursuant hereto, the Percentage Interests and Capital Accounts of the withdrawing
Member and the remaining Members shall be appropriately adjusted, including any adjustments required as a result of any vesting
provisions applicable to the withdrawing Members interest.

 

		c)	The withdrawal of a Member shall not be cause for dissolution of the Company.

 

 

 

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	4.	MANAGEMENT, DUTIES AND RESTRICTIONS

 

		4.1.	Management

 

The Managing Members shall have the sole and exclusive control
of the management and conduct of the general business of the Company. Any action shall, unless otherwise specified by the Managing
Members

 

		a)	To cause the Company to perform the duties and exercise the rights of the general partner of the Fund.

 

		b)	To purchase, hold, sell or otherwise effect transactions in Securities (whether marketable or unmarketable) and other investments
of the Company.

 

		c)	To incur indebtedness on behalf of the Company and the Fund.

 

		d)	To guarantee indebtedness on behalf of the Company and the Fund.

 

		e)	To loan money to any of the Members upon such terms and conditions as the Managing Members may prescribe.

 

		f)	To deposit or hold Securities and other assets of the Company in the Company name or in such street or nominee names as may
be determined from time to time by the Managing Members, at such securities firms, banks or depositories as shall be designated
by the Managing Members. All withdrawals therefrom or directions with respect thereto shall be made on the signature of either
Managing Member.

 

		g)	To provide management services or to designate an entity or entities to manage the Fund and to receive fees from the Fund and
to enter into an agreement or agreements with such an entity or entities upon such terms and conditions as the Managing Members
shall deem appropriate for the management of the Fund. Such an agreement or agreements may be entered into with firms or business
entities controlled by or comprised of either or both Managing Members or an Affiliate of either or both Managing Members.

 

		h)	Generally, to perform all acts deemed by the Managing Members appropriate or incidental to the foregoing and to [SPECIFY] out
the purposes and business of the Company and the Fund.

 

		4.2.	Conversion of Status as Managing Member

 

Any Managing Member who has become a Non-Managing Member shall
not participate in the control, management and direction of the business of the Company or the Fund.

 

		4.3.	Restrictions on the Members

 

		a)	Except with the consent of the Managing Members or as otherwise specifically permitted by this Agreement, no Member shall mortgage,
encumber, pledge or otherwise dispose of his or her interest in the Company or in the Company assets or property or enter into
any agreement as a result of which any other person shall have rights as a Member of the Company.

 

		b)	No Member may buy from or sell to the Company any Securities without the prior written consent of the Managing Members except
purchases or sales explicitly permitted by this Agreement.

 

		c)	No Member shall do any act in contravention of this Agreement or the Funds Limited Partnership Agreement.

 

 

 

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		4.4.	Additional Restrictions on Non-Managing Members

 

		a)	The Non-Managing Members shall take no part in the control or management of the [SPECIFY] of the Company nor shall Non-Managing
Members have any power or authority to act for or on behalf of the Company as a result of this Agreement except as expressly authorized
from time to time by the Managing Members.

 

		b)	Except as otherwise required by law or as expressly provided herein, the Non-Managing Members shall have no rights to vote,
call meetings of the Members or otherwise exercise any similar rights or powers.

 

		4.5.	Officers

 

The Managing Members may appoint such officers of the Company
as they shall deem advisable and shall have the discretion to remove any officers at any time.

 

		4.6.	Liability of the Members

 

		a)	Except as expressly set forth herein, or as otherwise required by law, no Member shall be liable for any debts or obligations
of the Company.

 

		b)	Each Member acknowledges the obligation of the Company pursuant to the Limited Partnership Agreement of the Fund to contribute
to the capital of the Fund cash or Securities to satisfy the Company clawback obligation to the Fund. Each Member agrees that,
in the event the Company is required to make a clawback payment pursuant to the Limited Partnership Agreement of the Fund, he or
she will return any or all distributions made to him or her pursuant to this Agreement attributable to the Company carried interest
in the Fund as may be required to satisfy such obligation, with each Member being severally (but not jointly) liable, in proportion
to their respective shares in such distributions.

 

		4.7.	Liability of Transferees

 

For purposes of this Agreement, any transferee of an interest
in the Company, whether or not admitted as a substitute Member or treated as a transferee or successor in interest who has not
been admitted as a substitute Member (an Assignee) hereunder, shall be treated as having contributed the amounts contributed to
the Company by the transferor, as having received distributions made to the transferor, and as having been allocated any Net Income
or Net Loss allocated to the transferor of the interest in the Company held by the transferee. In addition, the transferee shall
be liable for the transferors liability for future contributions to the Company. Notwithstanding the above, the transfer of an
interest shall not relieve the transferor from any liability hereunder except to the extent that the transferee has actually made
all contributions or payments required of the transferor.

 

	5.	EXPENSES

 

The Company will pay all costs and expenses incurred in connection
with its activities. The Members shall be entitled to reimbursement by the Company for expenses incurred by them relating to the
Company business, as determined by the Managing Members in their discretion.

 

	6.	DISTRIBUTIONS

 

		6.1.	Interest

 

No interest shall be paid to any Member on account of his interest
in the capital of, or on account of his investment in, the Company.

 

		6.2.	Mandatory Distributions

 

Promptly upon receipt of any tax distributions from the Fund,
the Managing Members shall distribute such tax distributions to the Members in proportion to their interests in the taxable income
of the Company for the period to which such distributions relate.

 

 

 

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	7.	ASSIGNMENT OR TRANSFER OF MEMBERS INTERESTS

 

		7.1.	Restrictions on Transfer of Members Interests

 

No Member may sell, assign, pledge, mortgage or otherwise dispose
of all or any portion of his interest in the Company without the consent of the Managing Members.

 

		7.2.	Violation of Restrictions

 

In the event of any purported transfer or other disposition
of any Members interest in the Company in violation of the provisions of this Article IX, without limiting any other rights of
the Company, the Managing Members shall have the option, in their sole discretion, to treat the Member as having withdrawn from
the Company and to purchase or cause the Company to purchase such Members interest for cash at a price equal to the value thereof
determined by the Managing Members as of a date selected by them. In the event of purchase, the terminated Members and the remaining
Members interests in the Company shall be appropriately adjusted, and the subject Member (and his purported transferee) shall have
no further interest in the Company except to receive the purchase price, if any, for his interest as determined by the Managing
Members. Such option must be exercised, if at all, by written notice to the affected Member (or his successor(s) in interest) given
not later than [NUMBER] days after the Managing Members are advised in writing of the purported transfer or disposition, and the
purchase or withdrawal shall be consummated on the date specified in such notice, which shall not be later than [NUMBER] days after
it is given.

 

		7.3.	Agreement Not to Transfer

 

Each of the Members agrees with all other Members that he, she
or it will not make any disposition of his, her or its interest in the Company, except as permitted by the provisions of this Article
IX.

 

		7.4.	Multiple Ownership

 

In the event of any disposition which shall result in multiple
ownership of any Members interest in the Company, the Managing Members may require one or more trustees or nominees to be designated
to represent a portion of or the entire interest transferred for the purpose of receiving all notices which may be given and all
payments which may be made under this Agreement and for the purpose of exercising all rights which the transferor as a Member had
pursuant to the provisions of this Agreement.

 

		7.5.	Substitute Members

 

No transferee of a Members interest may be admitted to the Company
as a substitute Member without the consent of the Managing Members, which consent shall be subject to the sole discretion of the
Managing Members and shall not be subject to challenge by any transferor or transferee.

 

	8.	ENTIRE AGREEMENT

 

This Agreement constitutes the entire agreement of the Members
and supersedes all prior agreements between the Members with respect to the Company.

 

	9.	TITLES; SUBTITLES

 

The titles and subtitles used in this Agreement are used for
convenience only and shall not be considered in the interpretation of this Agreement.

 

	10.	INDEMNIFICATION

 

The Company agrees to indemnify, out of the assets of the
Company only, the Managing Members and their Affiliates (and their agents), to the fullest extent permitted by law and to
save and hold them harmless from and in respect of all (a) reasonable fees, costs, and expenses paid in connection with or
resulting from any claim, action or demand against the Managing Members, their Affiliates or any agent thereof, the Company
or their agents that arise out of or in any way relate to the Company, its properties, business or [SPECIFY] and (b) such
claims, actions and demands and any losses or damages resulting from such claims, actions and demands, including amounts paid
in settlement or compromise of any such claim, action or demand; provided, however, that this indemnity shall not extend to
conduct not undertaken in good faith nor to any fraud, willful misconduct or gross negligence. Any person receiving an
advance with respect to expenses shall be required to agree to return such advance to the Company in the event it is
subsequently determined that such person was not entitled to indemnification hereunder. Any indemnified party shall promptly
seek recovery under any other indemnity or any insurance policies by which such indemnified party may be indemnified or
covered or from any portfolio company in which the Company has an investment, as the case may be. No payment or advance may
be made to any person under this Paragraph 13.13 to any person who may have a right to any other indemnity (by insurance or
otherwise) unless such person shall have agreed, to the extent of any other recovery, to return such payments or advances to
the Company.

 

 

 

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	11.	LIMITATION OF LIABILITY OF MEMBERS

 

Except as otherwise expressly provided herein or as required
by [Florida law, no Member shall be bound by, nor be personally liable for, the expenses, liabilities or obligations of the Company
in excess of the balance of such Members Capital Commitment to the Company.

 

the Members Capital Account.

 

 

 

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

 

Grey
Fox Holdings Corp 

 

	Authorized Signature: /s/Daniel Sobolowski  	Authorized Signature: Andrea Zecevic
	 	 
	 	 
	Print Name and Title	Print Name and Title
	 	 
	Zoran Cvetojevic	 

 

 

 

 

    	 	6Exhibit 10.2

 

CONFIDENTIAL CONTRACT FOR LOGISTICS SERVICES

 

This Confidential Contract for Logistic
Services (the “Agreement”) is effective May 1, 2018.

 

	BETWEEN:	BizCore (the "Logistic Service Provider"), a company organized and existing under the laws of Serbia of State of Serbia, with its head office located at:
	 	 
	 	Obilicev Venac Street, #18,
	 	Belgrade, ZIP: 11000
	 	Serbia
	 	 
	AND:	Grey Fox Holdings Corp. (the "Company"), a company organized and existing under the laws of the Florida of State of Florida, with its head office located at:
	 	 
	 	224 Datura St #1015 West Palm Beach FL 33401

 

RECITALS:

 

WHEREAS, Company imports goods from overseas and has need of
a Logistics Service Provider to help manage and coordinate the importing process; and

 

WHEREAS, Logistics Service Provider has expertise and experience
in providing these services; and

 

WHEREAS, Company wishes to utilize Logistics Service Provider’s
services in connection with the importation of Company’s goods;

 

NOW, THEREFORE, in consideration of the premises and the mutual
agreements set forth herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the Company agree as follows:

 

	1.	RECITALS

 

The recitals set forth above are integral to and made a part
of this Agreement by reference.

 

	2.	TERM

 

This Agreement shall remain in force from the date first set
forth above for a period of 1 year(s) and shall be automatically renewed thereafter on a year-by-year basis. This term shall always
be subject to the termination provisions set forth herein.

 

	3.	APPOINTMENT OF LOGISTICS SERVICE PROVIDER

 

	(a)	Company agrees to employ Logistics Service Provider to perform the services set forth herein and Logistics Service Provider
agrees to perform these services. The scope of this employment will be as follows:

 

On
April 27th, 2018, the Board of Directors (the “Board”) of Grey Fox Holdings Corp.  (“GFOX” or
the “Company” entered into an agreement with BizCore as a service provider. BizCore shall solicit business for
the company and provide GFox with leads for hospitality and tourism services.  BizCore
shall also provide SEO and social media marketing for GFox. The contract has an annual commitment fee of $35,000 to $100,000 per
year commitment.

 

These services will encompass all modes
of transportation.

 

 

 

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	(b)	This is a non-exclusive agreement. Logistics Service Provider is free to perform services for other shippers and Company is
free to employ other providers to perform services covered by this Agreement.

 

Notwithstanding the foregoing, Logistics Service Provider shall
not provide like services for direct competitors of Company in same geographic scope as described in Section 3 (a).

 

	4.	LOGISTICS SERVICES

 

Logistics Service Provider shall have the following responsibilities:

 

	(a)	Receipt, management, and transmission of Company shipping data;

 

	(b)	Management of Company’s import program on a Purchase Order basis;

 

	(c)	Management of Company vendors;

 

	(d)	Receiving, booking, routing and dispatch of Company’s cargo;

 

	(e)	Warehousing, cargo consolidation and LCL services;

 

	(f)	Preparation and management of shipping documentation, including documentation necessary to effect importation into the destination
countries and release of cargo;

 

	(g)	Preparation of reports to Company;

 

	(h)	Coordination with other Company service providers in the importation process; and

 

	(i)	Such other tasks as may be reasonably necessary to effectuate the safe, expeditious, and efficient flow of Company’s
import goods and related documentation.

 

The specific tasks encompassed by these services shall be set
forth in the Standard Operating Procedures (“SOP”) for this Agreement, which are attached hereto as Exhibit A [Note:
Exhibit A already used for Company affiliate listings] and made a part hereof by reference, and/or in written instructions from
Company. Logistics Service Provider agrees to perform all tasks reasonably related to the services set forth above.

 

	5.	AGREEMENT ADMINISTRATION

 

	(a)	Account Management. Logistics Service Provider shall designate a senior level executive to be the Account Manager responsible
for overseeing Company’s account. The Account Manager must have the authority to make decisions concerning all elements of
Company’s account.

 

Other responsibilities of the Account Manager will include:
(i) working with Company to establish a strategic relationship; (ii) overseeing coordination of all of Logistics Service Provider’s
activities relating to Company’s account; (iii) insuring that all service requirements of this Agreement are performed satisfactorily.
The Account Manager will meet with Company’s management on a regular basis to discuss Logistics Service Provider’s
performance and service levels.

 

	(b)	Procedures and Metrics. Logistics Service Provider and Company shall cooperate in developing and continually improving the
SOP for activities under this Agreement. Logistics Service Provider and Company shall also agree on performance levels and service
quality criteria (“Service Standards”) to measure and evaluate Logistics Service Provider’s services under this
Agreement. These Service Standards shall be made a part of the SOP in Exhibit A [Note: Exhibit A already used for Company affiliate
listings]. Logistics Service Provider will provide reports in a format and at intervals determined by Company measuring its performance
under the Service Standards. [Note: We have not reviewed SOPs or Service Standards]

 

 

 

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	6.	COMPENSATION AND PAYMENT

 

	(a)	Company agrees to pay to Logistics Service Provider the rates and charges set forth in Exhibit B, attached hereto and incorporated
herein by reference, as full and complete compensation for the services to be provided hereunder. Such rates may be amended or
changed only with the mutual written agreement of both parties.

 

	(b)	Logistics Service Provider shall invoice Company within two to five business days of the end of each week for all compensable
services performed during that week. Invoices shall be in the form attached to this Agreement as Exhibit C. Payment of each invoice
shall be made by Company within 2 days following receipt. Logistics Service Provider agrees that no penalties or interest will
be assessed to 7 days for past due amounts.

 

	7.	INDEPENDENT CONTRACTOR

 

Logistics Service Provider is an independent contractor and
shall have sole and exclusive control over the manner in which it, its employees and agents perform the services to be provided
under this Agreement. Logistics Service Provider shall have the right to engage and employ such individuals and agents as may be
necessary in connection with the services to be provided under this Agreement, provided that such individuals and agents shall
be subject to control, contractual or otherwise, solely and exclusively by Logistics Service Provider.

 

	8.	LIABILITY

 

	(a)	Logistics Service Provider agrees that it will be fully responsible, without limitation, for any loss or damage to Company’s
cargo while such cargo is in the possession or control of Logistics Service Provider. Logistics Service Provider’s liability
shall be for the cost of the cargo plus any expenses incurred by Company pertaining to the cargo to the time of the loss or damage
including, without limitation, duties, transportation charges, forwarding and brokerage fees, etc. This provision shall not limit
or detract from Company’s right to assert claims against other parties for the same damages including, without limitation,
the ocean carrier under whose through bill of lading the cargo is carried.

 

	(b)	Logistics Service Provider agrees that it will also be liable, without limitation, for any direct extra expenses incurred by
Company arising from Logistics Service Provider’s failure to discharge its obligations and responsibilities under this Agreement.

 

	(c)	Company shall have (i) twelve months from the date of delivery, or (ii) a reasonable time if the goods are not delivered, in
which to file a claim with Logistics Service Provider. If the amount or extent of the claim cannot reasonably be determined within
the 1 month period, the time for filing the claim shall automatically be extended for an additional 3 months.

 

	(d)	All claims shall be paid, settled, or disallowed by Logistics Service Provider within 7 days of filing. If no response is received
within this time, Company will assume the claim has been allowed and deduct the amount claimed from the next payment(s) of Logistic
Service Provider invoices. Whenever Logistics Service Provider disallows a claim by Company, it shall provide a lawful reason for
doing so, which shall be stated in writing by Logistics Service Provider itself, not its insurer. Company shall have 2 years and
1 day from the date of Logistic Service Provider’s response to its claim in which to file suit against Logistic Service Provider
for loss or damages arising from such claim.

 

	(e)	Logistics Service Provider shall indemnify, defend and hold harmless Company, its officers, employees, agents, representatives
and affiliates from and against any and all liability, loss, damages, claims, suits, costs or expenses, including reasonable attorneys’
fees, asserted against Company based upon, arising out of or in connection with (i) any acts or omissions by Logistics Service
Provider or its agents, sub-agents, representatives or employees, (ii) any breach or non-fulfillment of any representation, warranty
or covenant of Logistics Service Provider provided herein, or (iii) any claim, losses, damages, costs, or expenses asserted against
Company by Logistics Service Provider, its employees, agents or any other person for any injury (including sickness, disease or
death) or claim or injury to property arising out of or in connection with the performance of this Agreement.

 

	(f)	No salvage of any kind or nature shall be sold or offered for sale or in any other way disposed of to any third party without
the prior written consent of Company. All salvage receipts shall be payable to Company and credited against Company’s claim
against Logistics Service Provider.

 

Unless Company directs otherwise, all freight subject to salvage
shall be returned to Company, at Logistics Service Provider’s sole cost and expense, for salvage and appropriate credit.
Company may determine, within its sole discretion, subject to a reasonableness standard, whether the goods may be salvaged, and
if salvageable, the value of such salvage. Such decision will be consistent with all applicable federal and provincial regulations.

 

 

 

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	(g)	Logistics Service Provider’s responsibilities and liabilities set forth above shall not be limited in any manner whatsoever
by any terms incorporated by reference into this Agreement or contained in documentation issued by Logistics Service Provider.

 

	(h)	Indemnity. Logistics Service Provider shall at all times (both during and after the term hereof) indemnify, defend and hold
harmless Company, its agents and employees against and from any and all claims, losses, damages, costs, penalties, fines, legal
fees and all other expenses relating to, arising out of or connected with Logistics Service Provider’s services and/or acts
or omissions of Logistics Service Provider, its employees or agents, of every nature or character (including, but without limitations,
claims for personal injury, death and damage to property, clean-up costs from commodity spills and damage to the environment) asserted
against Company (a) by any agent or employee of Logistics Service Provider or (b) by any other person.

 

	9.	RECEIPTS

 

Each incident of transportation of property under this Agreement
shall be evidenced by a written receipt in a form and manner approved by Company. To the extent any term or condition of any receipt
conflicts in any way with any term or condition of this Agreement, this Agreement shall take precedence and prevail.

 

	10.	INSURANCE

 

	(a)	Logistics Service Provider shall at all times during the term of this Agreement and any period during which Logistics Service
Provider provides services pursuant to Section 22 hereof following termination of this Agreement, at its own expense, have and
maintain in full force and effect, Comprehensive General Liability and Cargo Damage Insurance with reliable insurance companies
acceptable to Company, and in the following amounts, which amounts may be subsequently modified by Company upon 5 days written
notice: 100,000 Comprehensive General Liability; $100,000 Cargo Damage. (Note: Are these sufficient amounts in USD)

 

	(b)	Company shall be named as an “Additional Insured” on the Comprehensive General Liability and Cargo Damage policies,
which shall provide that:

 

		1.	Such insurance shall be primary with respect to all insured’s; and

 

		2.	Such insurance shall be applicable separately to each insured and shall cover claims, suits, actions or proceedings by each
insured against any other insured. Company shall be named “Loss Payee” on the Cargo
Liability policy.

 

	(c)	The policy or certificate of insurance evidencing such insurance shall contain a clause that the insurer will not cancel or
change coverage of the insurance without first giving Company [NUMBER] days prior written notice, and that the Insurer will be
liable to Company for any and all damages resulting from Insurer’s failure to give such notice.

 

	11.	NO LIEN

 

Logistics Service Provider shall have no lien on any shipment
or portion thereof for which it provides services under this Agreement or on any documentation relating thereto.

 

	12.	GOVERNING LAW / DISPUTE RESOLUTION

 

It is the intention of the Company parties that the provisions
of this Agreement shall be construed and enforced according to the laws of the Serbia of State of Serbia, without regard to its
conflict of law rules. All controversies and claims arising hereunder, and all actions and proceedings, shall be brought to a court
of Serbia of general jurisdiction or the Federal court of Serbia sitting in the city of Belgrade and both parties consent to the
venue and jurisdiction of the courts of that city. Nothing in this Agreement limits the Company’s right to seek provisional
injunctive relief in the appropriate jurisdiction.

 

 

 

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	13.	RECORDS; AUDIT

 

	(a)	Logistics Service Provider shall keep records hereunder according to reasonable procedures established by Company and communicated
to Logistics Service Provider from time to time. Logistics Service Provider shall promptly furnish to Company copies of all records
kept hereunder upon request.

 

	(b)	Company, its auditors or other authorized representatives or employees shall, at all reasonable times and upon reasonable notice,
be afforded access to, and shall have the right to inspect and audit, all of Logistics Service Provider’s books and records
relating to the performance of this Agreement to the extent reasonably necessary to assure that Logistics Service Provider is complying
with the terms of this Agreement.

 

	(c)	Logistics Service Provider shall preserve all records relating to this Agreement, including, without limitation, licenses,
permits, evidences of authority issued by governmental bodies, memoranda and correspondence, for the period of time specified by
Company, or as required by law, whichever is greater.

 

	(d)	Company shall have the right to obtain assurances from Logistics Service Provider at any time concerning Logistics Service
Provider’s financial and economic condition and shall have the right to review Logistics Service Provider’s financial
statements (balance sheet, income statement and any other relevant statements or information) on an annual basis.

 

	14.	ENVIRONMENTAL POLICY

 

Company is committed to the goal of continuously improving
its environmental impact while maintaining the highest customer service, best product selection and quality, at the lowest possible
cost. Company and Logistics Service Provider hereby commit to improving environmental quality by working closely with each other
to identify opportunities and promote practices that benefit the environment.

 

	15.	COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS

 

Logistics Service Provider shall comply with all applicable
federal, and provincial/state laws, regulations, policies and practices as well as the regulations of any other country in which
it performs services under this Agreement. In particular, and without detracting from the generality of the foregoing, Logistics
Service Provider shall be knowledgeable about, and fully in compliance with, any legal requirements pertaining to the transportation
of hazardous materials, dangerous goods, or overweight containers.

 

	16.	PROHIBITED PAYMENTS

 

Logistics Service Provider and any related entity (collectively
“Logistics Service Provider”) rendering services to Company and its subsidiaries and affiliates (collectively, (“Company”)
makes the following representations, warranties, covenants, agreements and undertakings, and accepts the following conditions:

 

	(a)	Logistics Service Provider shall comply with all laws of the countries in which services are rendered to Company.

 

Foreign Corrupt Practices Act (“FCPA”), the Serbia
Corruption of Foreign Public Officials Act and any amendments thereto which will be supplied to Logistics Service Provider upon
request. Logistics Service Provider must comply with the highest standard or requirement set by the laws of Serbia or policy in
any country.

 

	(b)	Logistics Service Provider, in rendering services under this Agreement, has not and will not pay, offer, or promise to pay,
or authorize the payment, directly or indirectly, through third persons or otherwise, of any monies or anything of value to any
government official (for purposes of this Agreement this term is defined to include any officer or employee of a government or
any department, agency or instrumentality thereof,

 

	(c)	or any public international organization, or any person acting in an official capacity for or on behalf of any such government
or department, agency or instrumentality or for or on behalf of any such public international organization and any political party,
official thereof or candidate for political office) of any country, for the purpose of: influencing any official act or decision
by such official, person or party, or inducing such official, person or party to perform or omit any act in violation of his or
its lawful duty,

 

 

 

    	 	5	 

     

    

 

	(d)	or to secure any improper advantage, or inducing such official, person or party to use his or its influence with a government
or any of its agencies or instrumentalities to affect or influence any act or decision of such government or agency or instrumentality
in order to obtain, retain or direct business for, with or to any person or entity (any such payment is a “Prohibited Payment”).

 

The term Prohibited Payment as used herein does not include
payments in modest amounts to government employees for the purpose of expediting and securing a routine administrative action ordinarily
performed by such employees, provided the recipient of such service or action is entitled to receive such service or action and
the payment is customary and appropriate in the country, provided, however, that Logistics Service Provider must secure advance
written approval from Company for any such payments and must periodically report such payments to Company pursuant to the procedures
established by Company (which include pre-approvals on a blanket basis).

 

The term “routine administrative action”, as used
herein, refers to actions commonly performed by certain government officials, including, without limitation, obtaining permits,
licenses, or other official documents in order to qualify to do business in a country; processing visas and work orders; providing
police protection, mail pickup and delivery, customs and other inspections; providing phone and utility services; loading and unloading
cargo and actions of a similar nature.

 

The term “routine administrative action” shall not
refer to decisions by a governmental official related to the award or direction of new or continuing business to any person or
entity;

 

	(e)	Logistics Service Provider shall not offer or make any payment, loan or transfer of value to any director, officer, employee
or agent of Company or of its actual or potential customers or suppliers, or offer to make any payment, loan or transfer of value
on behalf of Company that is prohibited by any applicable law.

 

	(f)	It is the intent of the Company that no payments, loans or transfer of value shall be made that have the purpose or effect
of public or commercial bribery, acceptance of or acquiescence in extortion, kickbacks or other unlawful or improper means of obtaining
or retaining business. Logistics Service Provider will ensure that no commission or fee is paid by Logistics Service Provider to
any third party without Company’s prior, written approval.

 

	(g)	Before any shareholder, officer, director or employee of Logistics Service Provider or any related party rendering services
to Company becomes a government official (as defined in subparagraph (b) above) Logistics Service Provider shall notify Company
for purposes of determining whether continued employment would be inconsistent with the representations and warranties set forth
in this Section 17. Company’s determination on this question shall be binding.

 

	(h)	In any case where Logistics Service Provider proposes to render services to Company by a related entity and a government official
of the territory in which the services will be rendered has a financial interest in such entity, Logistics Service Provider will
provide advance notification to Company for purposes of determining whether utilization of such entity would be inconsistent with
the representations and warranties set forth in this Section 17. Company’s determination on this question shall be binding.

 

	(i)	All expenses incurred shall be reported fully and accurately in the books and records of Logistics Service Provider and all
such books and records showing expenses shall reflect the purpose of each expense and the recipient and the beneficiary of such
expense, and that there will be written records of each and every service Logistics Service Provider performs on behalf of Company.

 

	(j)	To confirm compliance with the provisions of this Section 17, Logistics Service Provider shall answer in reasonable detail
any questionnaires or other written or oral communications relating thereto from Company, or from their outside auditors, attorneys
or other designees, and shall also, upon request, make its books and records related to this provision available to Company, or
to its outside auditors, attorneys or other designees.

 

	(k)	In the event that Company concludes that there has been a breach of the representations and warranties set forth in this Section
17, it may terminate this Agreement without further liability or obligation to pay any fees, which are associated with the activities
that caused such breach.

 

	17.	GLOBAL CONDITIONS

 

Logistics Service Provider also agrees to provide services to
overseas subsidiaries or affiliates of Company in any non-Serbia trades in which Logistics Service Provider operates. These services
shall be provided by Logistics Service Provider, or its subsidiaries or affiliates, pursuant to a separate agreement containing
the same, or substantially the same, terms and conditions as this Agreement.

 

 

 

    	 	6	 

     

    

 

The rates in all such agreements, including this one, shall
be calculated on the basis of Company’s total volumes handled by Logistics Service Provider, its subsidiaries and affiliates,
throughout the world. Neither Logistics Service Provider nor Company shall be the guarantor of the performance of their respective
subsidiaries and affiliates under these separate agreements, provided, however, that Logistics Service Provider shall be the guarantor
of the rate obligations set forth in this Section.

 

	18.	NON-ASSIGNABILITY

 

The rights and obligations of this Agreement are personal to
Logistics Service Provider and Company and this Agreement shall not be assignable or otherwise transferable by either party, in
whole or in part, without the written consent of the other party, provided that Company shall have the right to assign this Agreement,
in whole or in part, to any entity controlling, controlled by, or under common control with Company.

 

	19.	CONFIDENTIALITY

 

Company agrees to abide by the provisions set forth in any separately
agreed confidentiality agreement between them. If no such separate agreement exists, they agree to abide by the following. As part
of the business relationship between Company and Logistics Service Provider, Logistics Service Provider may be in, or come into,
possession of information or data which is not available to the public and which constitute trade secrets, know-how, and confidential
information or are otherwise considered secret by Company (hereinafter “Information”).

 

In consideration of the receipt of such Information and the
benefits it receives under this Agreement, Logistics Service Provider agrees to maintain such Information in the utmost of confidence;
to use such Information solely in connection with the business relationship created by this Agreement; and to take all measures
necessary to protect such Information from disclosure.

 

	20.	TERMINATION

 

	(a)	This Agreement may be terminated by either party, with or without cause, upon 30 days written notice. Notwithstanding the above,
either party may terminate this Agreement upon immediate written notice if the other party has failed to cure a material breach
of this Agreement within 30 days following written notice thereof.

 

	(b)	If a petition in bankruptcy is filed against Logistics Service Provider, or Logistics Service Provider becomes insolvent, makes
a general assignment for the benefit of creditors or a proposal in bankruptcy, Company may terminate this Agreement immediately
without notice and without further obligation.

 

	21.	CONTINUING COOPERATION

 

Logistics Service Provider agrees that, in the event its services
under this Agreement are terminated for any reason, it will provide full and complete cooperation to assure that Company’s
cargo, data and documentation continue to be handled efficiently, safely and expeditiously during the transition of services to
another service provider. In particular, and without affecting the generality of the foregoing, Logistics Service Provider agrees
that it shall not delay the transportation of goods or transmission of data or documents, whether or not such goods, data or documentation
are in its control or possession, during any such transition.

 

	22.	FORCE MAJEURE

 

	(a)	Neither Company nor Logistics Service Provider shall be liable for damages for any delay or failure to perform any of the terms
and provisions of this Agreement arising from causes beyond its control, including but not limited to, acts of God or public enemies,
acts of civil or military authority, labor disputes, fires, riots, wars or conditions of war, embargoes, accidents, epidemics,
floods or other unusually severe weather, closing or obstruction of highways, bridges or ferries, any of which have a material,
substantial and adverse affect on either parties ability to perform pursuant to the terms of this Agreement.

 

 

 

    	 	7	 

     

    

 

	(b)	The party claiming force majeure shall notify the other party within 24 hours of when it learns of the existence of such
                                 a condition and shall similarly notify the other within a period of two working days after the condition is remedied. If such
                                 condition of force majeure, however, is not remedied within 10 days, the unaffected party shall have the right to terminate
                                 this Agreement.

 

	23.	HEADINGS

 

The headings contained herein are for reference purposes only
and shall not be deemed to modify the text hereof.

 

	24.	SEVERABILITY

 

In the event any phrase, clause, sentence, or other provision
contained in this Agreement shall violate any applicable statute, ordinance, rule or Serbia’s law, such phrase, clause,
sentence or provision shall be ineffective to the extent of such violation without invalidating any other provision of this Agreement.

 

	25.	NOTICES

 

Notices hereunder shall by given by mail or via facsimile, to
the parties at the following addresses:

 

Company:              Grey
Fox Holdings Corp

 

Logistics Service Provider:        Obilicev venac #18, 11000 Belgrade,
Serbia

 

	26.	ENTIRE AGREEMENT

 

This Agreement and the attached Exhibits represent the entire
understanding of Company and cannot be amended except in a writing signed by both parties. All prior discussions, understandings,
negotiations and agreements are merged herein.

 

	27.	WAIVER

 

The failure of either party to insist in any one or more instances
upon strict performance of any of the provisions of this Agreement or to take advantage of all of its rights hereunder shall not
operate as a continuing waiver of any of its rights exercisable under this Agreement.

 

	28.	PRECEDENCE

 

The terms of this Agreement, including its Exhibits, shall be
superior to and take precedence over, any trading conditions, standard terms and conditions, or forms issued by Logistics Service
Provider in the course of performing services under this Agreement and this Agreement and Exhibits shall govern in the event of
a conflict. In the event of any conflict between this Agreement and any of the Exhibits to this Agreement, the terms of the Agreement
shall prevail.

 

	29.	SURVIVAL

 

The following provisions of this Agreement shall survive cancellation,
termination, or expiration of the Agreement: 6, 8, 10, 12, 13, 14, 18, 20, 22, 23, 24 and 26.

 

	30.	CURRENCY

 

Unless specified otherwise, all statements of or references
to amounts in this Agreement are to lawful money of Serbia.

 

IN WITNESS WHEREOF, each party to this agreement has caused
it to be executed at Serbia on the date indicated above.

 

	BizCore	Grey
    Fox Holdings Corp
	 	 
	/s/ Irina Vasilinovic	/s/ Daniel Sobolowsk
	 	 
	Irina Vasilinovic 	Daniel Sobolowski 
	Print Name and Title	Print Name and Title

 

 

 

    	 	8

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