Document:

EX-10.1

 Exhibit 10.1 

February 3, 2016 
 To: Issachar Ohana, EVP WW Sales

 From: Gideon Wertheizer, CEO 
 Re: 2016
Incentive Plan 
 This document outlines your Incentive Plan for 2016. The rules and guidelines for the plan are contained herein. 

 

	 	1.	Compensation Package: Your compensation package is made up of a base salary and an Incentive Bonus (“IB”) target. The IB provides reward for successful performance and is based upon your performance to
your assigned annual company revenue target (“CRT”), Corporate Quarterly Revenue Target (“CQRT”) and Strategic Accounts (“SA”) deals. 

While the CRT is based upon annual revenue target, the IB payment period is quarterly. Payments are calculated on a quarterly basis, against
your CRT, based on bookings that has been invoiced and recognized as revenue by the Company, and paid after the end of the respective quarter as soon as is practically possible. 

 

	 	a.	Company Revenue Target (“CRT”)                 $* 

 

	 	i.	Revenue-Based Incentive Target:          $145,000 

  

	 	ii.	Commission Rate: *% 

  

	 	iii.	Commission Multiplier: The plan includes multipliers (the “Commission Multipliers”), as shown in the table below. The Commission Multiplier to be used in the quarterly commission calculation will be based on
your percent of cumulative quota achievement 

  

			
	 Percent of Cumulative Quota

            Achievement
	 	 Commission Multiplier to be

Applied

	From 0 to 100%	 	1.0
	From 100%	 	1.5

  

	 	b.	Corporate Quarterly Revenue Target (“CQRT”): An additional bonus of $5,000 will be paid for each of the following CQRTs if achieved. 

 

	 	i.	Q1        $* 

  

	 	ii.	Q2        $* 

  

	 	iii.	Q3        $* 

  

	 	iv.	Q4        $* 

	 	c.	Strategic Account (“SA”) Bonus: An additional bonus of $5,000 will be paid for each deal that exceeds $1 million (not including prepaid royalties) with the following companies: *. 

 

	 	d.	Payments are calculated on an annual basis, based on bookings that have been invoiced and recognized as revenue by the Company, and paid as is practically possible. 

 

	 	    	The total bonus payment due to SA deals will be capped at $20,000 as long as the annual revenue achieved is below the CRT. The cap for SA bonus will be removed once the annual revenue achieved exceeds the CRT.

  

	 	2.	Effective date/terms: This plan is effective for January 1, 2016 through December 31, 2016, unless modified in writing by the CEO. This plan supersedes all prior commission plans. Management reserves
the right to make any changes to the sales incentive plan at any time. 

  

	 	3.	Plan Eligibility: This plan applies to full time sales personnel. If you resign, terminate, or cease to be an employee of the Company, you will be entitled to IB on any revenue amount invoiced up to the date of
termination. 

 I have read and understand the 2016 Incentive Plan. I have received a copy of the plan for my record. I accept the terms and
conditions of the plan as outlined above and agree that my compensation will be determined according to these terms and conditions. 
  

					
	/s/ Issachar Ohana	 		 	2/3/16
	Issachar Ohana, EVP Worldwide Sales	 		 	Date
			
	/s/ Gideon Wertheizer	 		 	2/3/16
	Gideon Wertheizer, CEO	 		 	Date

  

	CC:	Finance 

	    	HR, Employee FileArtisan
Business Group, Inc.

-
Your trusted business
partner

 

EB-5 Project
Advisory and Fee
Agreement

AmericaTowne
Inc.

 

Prepared
on Feb. 4, 2016

Artisan
Business Group, Inc. 3309
Robbins Road, #188

 

Springfield,
IL 62704 www.ArtisanBusinessGroup.com

 

Tel:
(217) 303-5393

Fax: (888)
839-7089

 

STATEMENT
AN D DISCLA
I M ERS

 

This
will confirm
the arrangements,
terms
and
conditions pursuant
to which
Artisan
Business
Group,
Inc., an
Illinois
corporation, ("Artisan"
or "Advisor")
have been retained
to serve as
an advisor
to AmericaTowne Inc.
("Client"
or "Project"). The
undersigned
hereby
agree
to the following
terms and
conditions:

 

I
. Duties of
Advisor:
Advisor will
provide such China
market
entry consulting services
and advice pertaining
to preparing the Project for Chinese
market
in China. Advisor
makes no
guarantees or assurances
regarding the final outcome
in the matter,
except to
agree with
and assure to
Client
that Advisor
will put
forth its best
efforts,
under all relevant
circumstances,
in providing marketability analysis
related consulting
and business
services.
Advisor does
not
make and
has not
made any expressed
or implicit guarantees.
It is
mutually understood
that neither
Advisor
nor any of its
partners, directors,
agents,
employees and con trolling
persons
(if any)
have any
responsibilities concerning
the fairness
of the
terms set forth in
Client's
legal documents
or their
compliances with
USCIS and
SEC regulation s,
whether
to the
Client,
any
applicant
or any investor.

 

2.     
Available
Time:
Advisor shall
make available
such time,
as,
in its sole
discretion,
it shall
deem appropriate for the performance
of its
obligations under
this Agreement.
Client
acknowledges
and
agrees that
Advisor
will
perform
consulting
services
for other
companies.

 

3.      
If Advisor's
past
or present
representation of
any party in a related
or unrelated
matter
is
of concern
to Client,
whether
Client was
Advisor's
client
or
another party may
have
been Advisor's
client, please
contact Advisor
to review
these
concerns before
signing
this
Advisory
and
Fee Agreement to
determine
if you
want Advisor
to assist
Client
in working
on the
proposed
 project.

    	-1- 

    	 

    

This
Agreement ('"Agreement")
will confirm
the arrangements,
terms and
conditions,
pursuant
to which
Artisan Business Group,
Inc., an
Illinois
corporation
("Artisan"
or "Advisor")
has been
retained
to serve
as an
advisor
to America Towne
Inc.
("Client"
or "Project")
on the last
date
indicated
on the
signature page ("Effective
Date"). Advisor
's services commence
only
upon
confirmation of
the
receipt
of consulting
fee payment.
The undersign hereby
agree to
the following
terms and
conditions:

 

Situation
Appraisal: Client
is planning
to develop
AmericaTowne
projects through
EB-5 program.
Client requires
assistance
in developing
an effective
E B-5
business
strategy and
strengthening project
awareness
in the
marketplace and
establishing and
enhancing
relationship
with migration
agents
in China.

 

Role
of Advisor: Artisan
will be
a business
advisor during
the
term period
of this Agreement
and its
responsibilities
include:

 

		•	Review
and
analyze
key documents
of the
project, including,
but
not
limited
to,
Project Executive
Summary,
Project Presentation,
Business
Plan,
Private
Placement
Memorandum,
Economic
Impact Study,
Agreements,
Marketing Materials,
etc. and
provide
an analysis
summarizing
the
viability
and marketability
of the
project;
arrange
reasonable opportunity
to
discuss
the findings and
recommendations

 

		•	Discuss
the project
business
plan
to enhance
and strengthen
its
E B-5 marketability;
discuss
about
the project
financial
structures
and
risks
specifically
concerning
Chinese
investors
market; share
expertise
and knowledge
on key
elements
of
financially
structuring
investment
project
in order
to attract
emigration
agents
and investors
in
China

 

•    
   Advise
Client
to minimize
costs and
expenses

 

		•	Advise
on the
development
of
Chinese
market
entry
strategies
and
insights
of Chinese
emigration
industry
as well
as
u p-to-date
market
conditions
in
China

 

•    
   Guide
Client
to
develop
and design
key
promotional
materials
for
agent/investor
audiences

 

•    
   Visit
project
site
for basic
due
d diligence
review
and d
discuss
project strategies

 

		•	Assist
Client
in
facilitating
with existing
and
new relationships
(including
migration
agents)
in China

 

		•	Arrange meetings
with
inbound Chinese
emigration
partners
(agents)
if such
opportunities
become
available

 

		•	Introduce
Client
and
the
project
to a selected
group of
Chinese
emigration agents
and
service
providers
at Advisor's sole
discretion,
for further
discussion,
after the
project accepts
recommendation
s and meets
with
Advisor
's
quality
expectation
s. However,
Advisor will
not
guarantee
the
outcome of
such
introduction
since
d dialogues
and
mutual negotiations
will occur

 

•   
   
Assist Client in conducting social media and promotional
campaign in China

  

    	-2- 

    	 

    

		•	Advise
on related
Chinese
regulations,
risk
control
and
management
the Chinese marketplace

 

Artisan
will not fundraise or recruit investors,
nor shall
be compensated
based on fundraising efforts.

 

Client
have unlimited access to Advisor
from 8:00 am to
6:00 pm U .S.
Central Time
during the week
by e-mail and phone for Advisor
advice
and opinion.
If not immediately available,
Advisor will
return all phone
calls in timely
manner or, if
at the end of the
day, first
thing the
following morning.
All emails
will be
responded to within
24 hours and
usually
much faster. Advisor
may have
regularly scheduled
calls
at times
both
agree on
for whatever
duration is needed.
Client
may also contact Advisor
in emergency
or critical situations
beyond
these provisions.
Any additions
to this
scope will require
an amended proposal,
and this
agreement
excludes Chinese
Market Entry
Guided Tour Services
in China
and any
trade missions
to China.

 

Service
Plan Duration and Timing: The
service
is based
upon monthly
retainer,
and four
(4) months retainer
is required.
One month is meant
to include
30 calendar
days in
this agreement.
The service
can
be extended at the
monthly
retainer
rate upon the completion
of this agreement.
This
non-cancelable
agreement will
only
become
fully executed upon
the confirmation of
payment.

 

Consulting
Fees and Payment Terms:

 

Engagement
Fee: A
one-time
engagement fee of $8,000
is required
when the Agreement
is mutually
signed. The
engagement fee
will cover
the first month of
services. (See Exhibit A)

 

Monthly
Retainer: $5,000
must
be paid
every thirty
(30) days. Client
will be
billed
ahead of payment due
date. Four months
engagement i
s required
under
this
agreement.

 

All
fees are non-refundable.
Fees must
be made
within 7
(seven) business
days upon
the due
date in order
to fully
execute this agreement.
The failure
of timely
payment
will
result delayed
services
and/or immediate termination
of this
agreement at Advisor's
sole
discretion. The
agreement is non-
cancelable
for any reasons, including
Client
not contacting
Advisor
for given
periods,
and payments
are
to be made on
due date
as scheduled.
The agreement
may not
be postponed, delayed,
or othe1wise
rescheduled.

 

Service
Delivery: The consulting
services arc mainly
conducted and provided
through
phone conference,
E-mail,
postal mails, etc.
All major activities
will be
communicated
with Client
in a timely
manner
and on a regular
basis.
Overseas
trip is
at Advisor's
sole discretion
(at additional
charges) upon
availability
and may not be
available
at
all.

 

On-site
Meeting: One on-site
project (in the US)
meeting
is included
in this
Agreement. When additional
meetings are required by
Client,
travel
and lodging
expenses
shall
be billed
as actually
incurred.
Expense reimbursement
is due
on presentation
of invoice
from Advisor.
However travel and
lodging arrangements
and payment
by Client
in advance
are preferred.
International
travel expenses
will be
paid
by Client.

 

Third
Party Services: Professional
services provided
by other
parties should
be paid
additionally
by Client, these
services may
include promotional
brochure and
business
flyer
design,
Chinese
materials printing,
web development,
video production,
video
voiceover,
legal services, documentation
translation,
accounting,
travel arrangements,
and trade
show and
trade show
assistance,
etc.
A quotation is
always
obtained and
sent to Client
for consideration
and approval
in advance.
All third
party
payments
will be billed
to Client
and received
by Advisor
prior
to ordering the
services
requested.

 

    	-3- 

    	 

    

Joint
Accountabilities:

Client's
accountabilities
will
include:

 

•    
Providing
Advisor
with
access
to project
principals,
including
their
contact in
fom1ation

 

•    
Sharing
financial
details
of the proposed
project,
business
plan,
and
so forth, as
needed

 

•    
Responding
quickly
to
Advisor's
requests
for information

 

•    
Providing
reasonable
lead
time when
discussing
urgent
matters
whenever
possible

 

•    
Abiding
by
U SCI
S rules
and
SEC regulations
for this
project

•    
Making
retainer payments
prior
to
or on
due elates

Advisor's accountabilities will include:

•   Signing
nondisclosure
and
confidentiality
documents

 

•    
Responding
to Client's
question s and
requests
as stipulated
above

 

Both
parties
will both
be accountable for:

 

		•	Immediately
informing
the
other
of
any new
developments,
which
might
materially
affect the success
of this
project.

 

Relationship:
Nothing
herein
shall
constitute Advisor
and its
China staff
as employees
of Client.
It is
understood
that Advisor
will be
an independent
contractor.
Except to
such
extent as
may hereinafter
be expressly
agreed for a
specific
purpose,
Advisor shall
not
have the
authority
to obligate
or commit Client
in an
y manner
whatsoever.
Nothing
in this
Agreement
shall
be interpreted
to create
an agency,
joint
venture,
or
partnership
between
the
pa1ties.

 

Information:
Client
acknowledges
that
Advisor
will
rely
on information
furnished
by
Client
concerning
Client's
business
affairs
without
independent certification
and Client
represents
that
such information
will be
materially
complete
and
correct.

 

Confidentiality:
Each party
to this
Agreement
agrees to
keep
confidential all
trade secrets,
know- how,
or other proprietary
information
of the other
party
("Confidential
Information")
presented,
disclosed
or revealed
to one party ("Receiving
Party")
by the
other
("Disclosing
Party") in
connection
with this
Agreement.

 

Each
party may
disclose
certain
Confidential
Information
to third parties
on a "need-to-k
now" basis
for the purpose
assisting
the party
complete
their obligations
under
this
Agreement,
provided
that
all of
such third
persons
shall
be directed
and required
to maintain
the disclosed
Confidential
Information
in confidence according
to the
terms
of this
Agreement.

 

Receiving
Party shall
not be
liable
to the Disclosing
Party for
disclosure
of such
information
 which:

 

		a)	is
known to the
general
public
through
no act
or omission
of the Receiving
Party,
it being
understood
that Confidential
Information
is not
deemed to
be in
the
public
domain
merely
because it is
embraced
by more general
information which
may be
in the
public
domain
;

 

		b)	is
made
available
to the Receiving
Party
by a third
party who
has a
legal
right
to
do
so, as
documented
by
written 
records;

  

    	-4- 

    	 

    

		c)	is
required,
but
only
to
the
extent
required,
to be
disclosed
by the
Receiving
Party
pursuant
to an
order
issued
by
a
court
of
law
or
any
federal
state,
or municipal
regulatory
or
administrative
agency,
provided
that (i)
Receiving
Party
shall
give
prior
notice
to Disclosing
Party
of any
intent
to
or request
for such
a disclosure
and
(ii) Receiving
Party
shall
reasonably
cooperate with
Disclosing
Party
with
regards to limiting
any such
disclosure,
at Disclosing Party's
expense;
or

 

		d)	was in
the possession of the
Receiving
Party prior to the
date hereof,
as evidenced
by written records
kept in the ordinary course
of business
by Receiving
Party or
by
proof of actual
use
by
Receiving
Party.

 

Non-Exclusive:
Advisor agrees
that it shall
not
be considered
Client's
exclusive provider
of the services provided
pursuant to
this Agreement
and Client
retains the unconditional
right to utilize suppliers
in the provision of
similar
services.

 

Assignment:
This Agreement
shall not be
assignable
by either
party.

 

Governing
Law: This
Agreement shall
be deemed
to be a contract
made under
the laws
of the State of Illinois,
and
for all
purposes shall be construed
in accordance with the
laws of
said State. Any
dispute shall
be subject
to final and
binding arbitration
to be brought in Springfield,
Illinois.

 

Execution
of Agreement: This Agreement
may be
executed
in one or
more counterparts,
each of which will
be deemed to be
an original
copy of this
Agreement and all of which,
when
taken together,
will be
deemed to constitute
one and
the same
Agreement. The
exchange
of copies
of this
Agreement and of signature
pages by facsimile
and/or
internet transmission
shall constitute
effective execution
and delivery
of this
Agreement as to
the
parties and
may be
used
in lieu
of the original
Agreement for all
purposes.
Signatures
of the
parties
transmitted
by facsimile or Internet
shall be deemed to be their
original
signatures for
all
purposes.

 

Legal
Responsibility of Client: Client
has the
sole responsibility
of ensuring
that its
actions or inaction
comply with
all U.S. and Chinese
laws, including
but not limited
to providing
all required
disclosure
document s to investors
and filing
all required documentation
with
the Securities
and Exchange
Commission (SEC) or any
other application
government agency.
Client shall
indemnify
Advisor, and hold Advisor
harmless, for
any violation
of U.S. and Chinese
securities laws,
which arise
from Client's
actions or inaction.
Advisor
makes no
warranty or representation
as to whether any
investor
may be determined to be an
"accredited
investor."

 

Indemnity:
Each party shall
indemnify, defend
and hold the other
party (and any other
relation to the other
party) harmless
against
any and all claims
of whatsoever
nature arising
from that party's gross
negligence,
recklessness or
willful misconduct.

 

Limitation
of Liability: ADVISOR'S
TOTAL
LIABILITY
TO CLIENT
FOR ANY LEGALLY PROVEN
CLAIM,
REGARDLESS OF THE CAUSE
OF ACTION AND WHETHER ANY
LEGALLY PROVEN
DAMAGES, SHALL
BE LIMITED TO A TOTAL
AGGREGATE AMOUNT WHICH
WILL NOT EXCEED THE
AMOUNT PAID OR PAY
ABLE BY THE CLIENT
TO THE ADVISOR IN
THE 12
MONTHS PR
EVIOUS
TO THE CAUSE
OF ACTION ARISING.

 

NOTWITHSTANDING
ANY OTHER PROVISION OF THIS AGREEMENT,
NO PARTY HERETO SHALL BE LIABLE TO ANY
OTHER PARTY HERETO FOR
ANY LOST PROFITS, CONSEQUENTIAL OR INCIDENTAL, SPECIAL, OR PUNITIVE DAMAGES.

 

INTENDING
TO BE LEGALLY BOUND,
the parties
have
executed
this Agreement
when both parties
sign the Agreement.
Alternatively,
Client initial
payment per the terms
above will
also
represent
acceptance
of this
Agreement. 

 

PLEASE,
DO NOT SIGN
THIS AGREEMENT UNLESS
AND UNTIL YOU FULLY UNDERSTAND ITS
TERMS.

 

SIGNATURES
ARE
ON NEXT
PAGE

 

    	-5- 

    	 

    

 

 

 

AGREED AND ACCEPTED

 

Artisan Business Group Inc.

 

By: /s/ Brian Su

Name: Brian Su

Title: CEO & President

Date: 2/4/2016

AmericaTowne Inc.

  

By: /s/ Alton Perkins

Name: Alton Perkins

Title: Chairman & CEO

Date: 2/4/2016

    	-6-

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