Document:

Exhibit 10.14

 

 

PRIVATE & CONFIDENTIAL

 

October 1st 2016

 

Ms.
Nicole Bergman-Fong

+1-917-375-5496

nvfbergman@gmail.com

 

Dear Nicole:

 

This letter will set forth the principal
terms of our offer to you to render advisory services to AVRA Medical Robotics, Inc. (“AVRA” or the “Company”).

 

	Start Date:	October 1, 2016. 
	 	 
	Position:	Corporate Counsel reporting to AVRA’s Chief Executive Officer.
	 	 
	Compensation:	Discretionary Bonus as determined by the board of directors.
	 	 
	Business Expenses:	Pre-approved expenses related to the advisory services wil1 be reimbursed by Company.
	 	 
	Stock Option:	On the Start Date, you will be granted a stock option under the Company's 2016 Incentive Stock Plan to purchase 60,000 shares of common stock at an exercise price of $0.15 per share, vesting monthly over three years as long as you continue to render advisory services to the Company as contemplated hereunder.
	 	 
	Term:	Your advisory services may be terminated at any time by either AVRA or you and for any reason, with or without cause.
	 	 
	Independent	 
	Contractor:	Your providing advisory services to AVRA as contemplated hereunder shall not render you an employee, partner, agent of, or joint venturer with the Company for any purpose. You are and will remain an independent contractor in your engagement by to the Company. The Company shall not be responsible for withholding taxes with respect to your compensation. You shall have no claim against the Company hereunder or otherwise for vacation pay, holiday pay, sick leave, retirement benefits, social security, worker's compensation, health or disability benefits, unemployment insurance benefits, or employee benefits of any kind.
	 	 
	Confidentiality:	On or prior to the start date, you will execute the Advisor Confidentiality and Work Product Agreement which accompanies this letter.

 

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                                                                                        a g e

     

    

 

 

If you accept this offer. the terms described
in this letter will be the terms pursuant to which you will render advisory services to the Company and this letter supersedes
any previous discussions or offers. Any additions or modifications of these terms would have to be in writing and signed by you
and an officer of the Company. The terms of this letter and your engagement by the Company will be governed by the laws of the
State of Florida

 

If you agree to render advisory services
to the Company as set forth herein, please indicate so by signing and returning this letter to us by email to info@avramedical.com
or fax to (407)849-2719. Copies of this letter signed by facsimile or electronic means shall be deemed to be originals and if signed
in counterpart, shall be deemed to constitute a single document.

 

We are excited about the possibility of
your joining us. I hope that you will accept this offer and look forward to a productive and mutually beneficial working relationship.
Please let me know if I can answer any questions for you about any of the matters outlined in this letter.

 

	Sincerely,	 
	 	 
	/s/ Barry F. Cohen	 
	Barry F. Cohen	 
	Chief Executive Officer	 
	 	 
	ACCEPTED AND AGREED TO:	 
	 	 
	/s/ Nicole Bergman Fong	 
	Signature	 
	 	 
	March 27, 2017	 
	Date	 

 

 

2 | P a g eExhibit 10.15

 

UNSECURED
PROMISSORY NOTE

 

	$15,000	December
31, 2018

 

For
value received, (the “Maker”), Avra Medical Robotics, Inc (OTCQB: AVMR) promises to pay to Barry F. Cohen (the
“Holder”), the principal sum of Fifteen Thousand Dollars ($15,000). Maker will pay Holder a $1 closing fee
but shall not be charged Interest. This Note is subject to the following terms and conditions.

 

1.
Payment; Prepayment. The principal amount of this Note shall be due and payable on December 31, 2019. All payments
shall be made in lawful money of the United States of America at such place as the Holder hereof may from time to time designate
in writing to the Maker. Prepayment of this Note may be made at any time upon at least five (5) days prior notice to the Holder.

 

2.
Closing Fee. $1.00.

 

3.
Transfer; Successors and Assigns. The terms and conditions of this Note shall inure to the benefit of and be binding
upon the respective successors and assigns of the parties.

 

4.
Governing Law. This Note and all acts and transactions pursuant hereto and the rights and obligations of the parties
hereto shall be governed, construed and interpreted in accordance with the laws of the State of Florida, without giving effect
to principles of conflicts of law.

 

5.
Notices. Any notice required or permitted by this Agreement shall be in writing and shall be deemed sufficient upon
receipt, when delivered personally or by courier, overnight delivery service or confirmed facsimile, or 48 hours after being deposited
in the U.S. mail as certified or registered mail with postage prepaid, if such notice is addressed to the party to be notified
at such party’s address of facsimile number as set forth below or as subsequently modified by written notice.

 

6.
Amendments and Waivers. Any term of this Note may be amended only with written consent of the Maker and the Holder.

 

7.
Counterparts. This Note may be executed in any number of counterparts, each of which will be deemed to be an original
and all of which together will constitute a single agreement. A facsimile of this signed Note shall be binding on the parties.

 

8.
Attorneys Fees. If action is instituted to collect on this Note, the Maker promises to pay all costs and expenses,
including reasonable attorney’s fees, incurred in connection with such action.

 

     

     

    

 

9.
Miscellaneous. If for some reason any provision or portion of this Note is found to be unenforceable, that provision
or portion of the Note will be enforced to the maximum extent possible so as to affect the intent of the parties, and the remainder
of this Note will continue in full force and effect. Failure of either party to insist on strict performance of any of the terms
and conditions herein shall not be deemed a waiver of any rights to remedies that either party shall have and shall not be deemed
a waiver of any subsequent default of the terms and conditions hereof.

 

MAKER:

 

Avra
Medical Robotics, Inc.

 

	By:	/s/
                                         A. Christian Schauer	 
	 	A
Christian Schauer	 

 

Maker
Address:

3259
Progress Drive, Suite 112A

Orlando,
FL 32826

 

AGREED
TO AND ACCEPTED:

 

HOLDER:

 

/s/
Barry F. Cohen

 

Barry
F. Cohen

 

Holder
Address:

1600
SE 15th Street, #512

Ft.
Lauderdale, FL 33316Exhibit 1016

 

UNSECURED
PROMISSORY NOTE

 

	$17,500	February
6, 2019

 

For
value received, (the “Maker”), Avra Medical Robotics, Inc (OTCQB: AVMR) promises to pay to Barry F. Cohen (the
“Holder”), the principal sum of Seventeen Thousand Five Hundred Dollars ($17,500). Maker will pay Holder a
$1 closing fee but shall not be charged Interest. This Note is subject to the following terms and conditions.

 

1.
Payment; Prepayment. The principal amount of this Note shall be due and payable on February 6, 2020. All payments
shall be made in lawful money of the United States of America at such place as the Holder hereof may from time to time designate
in writing to the Maker. Prepayment of this Note may be made at any time upon at least five (5) days prior notice to the Holder.

 

2.
Closing Fee. $1.00.

 

3.
Transfer; Successors and Assigns. The terms and conditions of this Note shall inure to the benefit of and be binding
upon the respective successors and assigns of the parties.

 

4.
Governing Law. This Note and all acts and transactions pursuant hereto and the rights and obligations of the parties
hereto shall be governed, construed and interpreted in accordance with the laws of the State of Florida, without giving effect
to principles of conflicts of law.

 

5.
Notices. Any notice required or permitted by this Agreement shall be in writing and shall be deemed sufficient upon
receipt, when delivered personally or by courier, overnight delivery service or confirmed facsimile, or 48 hours after being deposited
in the U.S. mail as certified or registered mail with postage prepaid, if such notice is addressed to the party to be notified
at such party’s address of facsimile number as set forth below or as subsequently modified by written notice.

 

6.
Amendments and Waivers. Any term of this Note may be amended only with written consent of the Maker and the Holder.

 

7.
Counterparts. This Note may be executed in any number of counterparts, each of which will be deemed to be an original
and all of which together will constitute a single agreement. A facsimile of this signed Note shall be binding on the parties.

 

8.
Attorneys Fees. If action is instituted to collect on this Note, the Maker promises to pay all costs and expenses,
including reasonable attorney’s fees, incurred in connection with such action.

 

     

     

    

 

9.
Miscellaneous. If for some reason any provision or portion of this Note is found to be unenforceable, that provision
or portion of the Note will be enforced to the maximum extent possible so as to affect the intent of the parties, and the remainder
of this Note will continue in full force and effect. Failure of either party to insist on strict performance of any of the terms
and conditions herein shall not be deemed a waiver of any rights to remedies that either party shall have and shall not be deemed
a waiver of any subsequent default of the terms and conditions hereof.

 

MAKER:

 

Avra
Medical Robotics, Inc.

 

	By:	/s/
                                         A. Christian Schauer	 
	 	A
Christian Schauer	 

 

Maker
Address:

3259
Progress Drive, Suite 112A

Orlando,
FL 32826

 

AGREED
TO AND ACCEPTED:

 

HOLDER:

 

/s/Barry
F. Cohen

 

Barry
F. Cohen

 

Holder
Address:

1600
SE 15th Street, #512

Ft.
Lauderdale, FL 33316

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