Document:

EXHIBIT 10.1

 

WALL STREET MEDIA CO., INC. 

 

INDEMNIFICATION AGREEMENT 

 

This Indemnification
Agreement (this “Agreement”) is made effective as of May 9, 2016 by and between WALL STREET MEDIA
CO., INC., a Nevada corporation (the “Company”), and JEFFREY A. LUBCHANSKY (“Indemnitee”).

 

WHEREAS, the Company
desires to attract and retain the services of highly qualified individuals, such as Indemnitee, to serve the Company and its related
entities;

 

WHEREAS, the Company
recognizes that competent and experienced individuals are reluctant to serve as directors or officers of corporations unless they
are protected by comprehensive liability insurance or indemnification, or both, due to increased exposure to litigation costs and
risks resulting from their service to such corporations, and due to the fact that the exposure frequently bears no reasonable relationship
to the compensation of such directors and officers;

 

WHEREAS, the Company
and Indemnitee recognize the substantial increase in corporate litigation in general, subjecting directors, officers, employees,
agents and fiduciaries to expensive litigation risks;

 

WHEREAS, the statutes
and judicial decisions regarding the duties of directors and officers are often difficult to apply, ambiguous or conflicting, and
therefore fail to provide such directors and officers with adequate or reliable advance knowledge or guidance with respect to the
legal risks and potential liabilities to which they may become personally exposed or information regarding the proper course of
action to take in performing their duties in good faith for the Company;

 

WHEREAS, the Nevada
Revised Statutes (the “NRS”) empowers the Company to indemnify its officers, directors, employees and
agents and to indemnify persons who serve or served, at the request of the Company, as the directors, officers, employees or agents
of another corporation, partnership, joint venture, trust or other enterprise and the NRS further provides that the Company’s
articles of incorporation (the “Articles” ) or bylaws (the “Bylaws” ) or an
agreement made by the Company may provide that the expenses of officers and directors incurred in defending a civil or criminal
action, suit or proceeding must be paid by the Company as such expenses are incurred and in advance of the final disposition of
such action, suit or proceeding, upon receipt of an undertaking to repay the amount if it is ultimately determined by a court of
competent jurisdiction that the director or officer is not entitled to be indemnified;

 

WHEREAS, the NRS
expressly provides that the indemnification and advancement of expenses authorized under the NRS do not exclude any other rights
to which those seeking indemnification or advancement of expenses may be entitled under the Articles or the Bylaws or pursuant
to any agreement, vote of stockholders or disinterested directors or otherwise;

 

WHEREAS, the Articles
and the Bylaws allow the Company to indemnify its directors, officers, agents and employees to the maximum extent permitted under
Nevada law; and

 

WHEREAS, in view
of the considerations set forth above, the Company desires that Indemnitee shall be indemnified by the Company as set forth herein.

 

NOW, THEREFORE,
in consideration of the premises and covenants in this Agreement, and intending to be legally bound hereby, the parties hereto
agree as follows:

 

1. Certain Definitions.

 

(a) “Claim”
shall mean any threatened, pending or completed action, suit, proceeding or alternative dispute resolution mechanism, or any hearing,
inquiry or investigation that Indemnitee in good faith believes might lead to the institution of any such action, suit, proceeding
or alternative dispute resolution mechanism, whether civil, criminal, administrative, investigative or other.

 

    	 	 	 

    	 

    

(b) References
to the “Company” shall include, in addition to Wall Street Media Co., Inc., any constituent corporation
(including any constituent of a constituent) absorbed in a consolidation or merger to which Wall Street Media Co., Inc. (or any
of its wholly owned subsidiaries) has been or becomes a party which, if its separate existence had continued, would have had power
and authority to indemnify its directors, officers, employees, agents or fiduciaries, so that if Indemnitee is or was a director,
officer, employee, agent or fiduciary of such constituent corporation, or is or was serving at the request of such constituent
corporation as a director, officer, employee, agent or fiduciary of another corporation, partnership, joint venture, employee benefit
plan, trust or other enterprise, Indemnitee shall stand in the same position under the provisions of this Agreement with respect
to the resulting or surviving corporation as Indemnitee would have with respect to such constituent corporation if its separate
existence had continued.

 

(c) “Expenses”
shall be broadly construed and shall mean any and all direct and indirect costs and expenses (including, without limitation, attorneys’
fees and all other costs, expenses and obligations incurred in connection with investigating, defending, being a witness in or
participating in (including on appeal), or preparing to defend, to be a witness in or to participate in, any action, suit, proceeding,
alternative dispute resolution mechanism, hearing, inquiry or investigation), judgments, fines, penalties and amounts paid in settlement
(if such settlement is approved in advance by the Company, which approval shall not be unreasonably withheld) of any Claim regarding
any Indemnifiable Event and any federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed
receipt of any payments under this Agreement.

 

(d) “Expense
Advance” shall mean an advance payment of Expenses to Indemnitee pursuant to this Agreement.

 

(e) “Indemnifiable
Event” shall mean any event or occurrence related to the fact that Indemnitee is or was a director, officer, employee,
agent or fiduciary of the Company, or any subsidiary of the Company, or any predecessor of the Company or subsidiary, or is or
was serving at the request of the Company or a predecessor of the Company as a director, officer, employee, agent or fiduciary
of another corporation, partnership, joint venture, trust or other enterprise, or by reason of any action or inaction on the part
of Indemnitee while serving in such capacity.

 

(f) References
to “other enterprise” shall include employee benefit plans; references to “fines”
shall include any excise taxes assessed on Indemnitee with respect to an employee benefit plan; and references to “serving
at the request of the Company” shall include any service as a director, officer, employee, agent or fiduciary of
the Company which imposes duties on, or involves services by, such director, officer, employee, agent or fiduciary with respect
to an employee benefit plan, its participants or its beneficiaries.

 

(g) “SEC”
means the Securities and Exchange Commission.

 

(h) “Securities
Act” means the Securities Act of 1933, as amended.

 

2. Indemnification.

 

(a) Nonexclusive Indemnity.
The Company shall indemnify Indemnitee to the fullest extent permitted by Nevada law and by the Articles and the Bylaws in effect
on the date hereof, and as Nevada law, the Articles or the Bylaws may from time to time be amended (but, in the case of any such
amendment, only to the extent such amendment permits the Company to provide broader indemnification rights than Nevada law and
the Articles and the Bylaws permitted the Company to provide before such amendment). Such indemnification shall include, without
limitation, the following:

 

(i) Indemnity
Involving Third Party Claims. The Company shall indemnify Indemnitee if Indemnitee is a party to or is threatened to be made
a party to or is otherwise involved in any Claim (other than a Claim by or in the name of the Company to procure a judgment in
its favor) by reason of an Indemnifiable Event, against all Expenses incurred by Indemnitee in connection with the investigation,
defense, settlement or appeal of such Claim, if he or she either (i) is not liable pursuant to NRS 78.138 or (ii) acted in good
faith and in a manner he or she reasonably believed to be in or not opposed to the best interest of the Company and, in the case
of a criminal Claim, had no reasonable cause to believe that his or her conduct was unlawful. The termination of any such Claim
by judgment, order of court, settlement, conviction or upon a plea of nolo contendere, or its equivalent, does not, of itself,
create a presumption that Indemnitee is liable pursuant to NRS 78.138 or did not act in good faith or in a manner which he or she
reasonably believed to be in or not opposed to the best interest of the Company or, with respect to any criminal Claim, that Indemnitee
had reasonable cause to believe that his or her conduct was unlawful. Such payment of Expenses shall be made by the Company as
soon as practicable but in any event no later than 30 business days after written demand by Indemnitee therefor is presented to
the Company (or, if demand is made pursuant to Section 3(a) hereof, then no later than the date set forth in such section).

 

    	 	 	 

    	 

    

 

(ii) Indemnity
in Derivative Actions. The Company shall indemnify Indemnitee if Indemnitee is a party to or is threatened to be made a party
to or is otherwise involved in any Claim by or in the name of the Company to procure a judgment in its favor by reason of an Indemnifiable
Event, against all Expenses incurred by Indemnitee in connection with the investigation, defense, settlement or appeal of such
Claim, but only if Indemnitee is not liable pursuant to NRS 78.138 and acted in good faith and in a manner he or she reasonably
believed to be in or not opposed to the best interest of the Company, except that no indemnification under this Section 2(a)(ii)
shall be made for any claim, issue or matter to which Indemnitee has been adjudged by a court of competent jurisdiction, after
the exhaustion of all appeals therefrom, to be liable to the Company or for amounts paid in settlement to the Company, unless and
only to the extent that any court in which such Claim is brought or other court of competent jurisdiction determines upon application
that, in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity for such amounts
as the court shall deem proper. Such payment of Expenses shall be made by the Company as soon as practicable but in any event no
later than 30 business days after written demand by Indemnitee therefor is presented to the Company (or, if demand is made pursuant
to Section 3(a) hereof, then no later than the date set forth in such section).

 

(b) Mandatory Payment
of Expenses. Notwithstanding any other provision of this Agreement other than Section 9 hereof, to the extent that Indemnitee
has been successful on the merits or otherwise, including, without limitation, the dismissal of an action without prejudice, in
defense of any Claim regarding any Indemnifiable Event, Indemnitee shall be indemnified against all Expenses incurred by Indemnitee
in connection therewith.

 

3. Expenses; Indemnification
Procedure. 

 

(a) Expense Advances.
To the extent not prohibited by law, the Company shall advance the Expenses incurred by Indemnitee in connection with any proceeding,
and such advancement shall be made within 20 business days after the receipt by the Company of a statement or statements requesting
such advances (which shall include invoices received by Indemnitee in connection with such Expenses but, in the case of invoices
in connection with legal services, any references to legal work performed or to expenditures made that would cause Indemnitee to
waive any privilege accorded by applicable law shall not be included with the invoice); provided, that Indemnitee has provided
the Company with an undertaking to repay all Expense Advances if and to the extent that it is ultimately determined by a court
of competent jurisdiction in a final judgment, not subject to appeal, that Indemnitee is not entitled to be indemnified by the
Company and such undertaking remains in effect. Expense Advances shall be unsecured, interest free and without regard to Indemnitee’s
ability to repay the Expense Advances. Expense Advances shall include any and all Expenses actually and reasonably incurred by
Indemnitee pursuing an action to enforce Indemnitee’s right to indemnification under this Agreement or otherwise, and this
right of advancement, including expenses incurred preparing and forwarding statements to the Company to support the advances claimed.
The right to Expense Advances under this Section 3(a) shall continue until final disposition of any proceeding, including any appeal
therein. This Section 3(a) shall not apply to any claim made by Indemnitee for which indemnity is excluded pursuant to Section
9(b).

 

(b) Undertaking to
Repay Expense Advances. Indemnitee acknowledges and agrees that the execution and delivery of this Agreement shall constitute
an undertaking by Indemnitee that Indemnitee shall, to the fullest extent required by law, repay all Expense Advances if and to
the extent that it is ultimately determined by a court of competent jurisdiction in a final judgment, not subject to appeal, that
Indemnitee is not entitled to be indemnified by the Company.

 

(c) Notice; Cooperation
by Indemnitee. Indemnitee shall give the Company notice in writing as soon as practicable of any Claim made against Indemnitee
for which indemnification will or could be sought under this Agreement. Notice to the Company shall be directed to the Chief Executive
Officer of the Company at the address or facsimile number shown on the signature page of this Agreement (or such other address
or facsimile number as the Company shall designate in writing to Indemnitee). The failure of Indemnitee to so notify the Company
shall not relieve the Company of any obligation which it may have to Indemnitee under this Agreement or otherwise. In addition,
Indemnitee shall give the Company such information and cooperation as the Company may reasonably require and as shall be within
Indemnitee’s power.

 

(d) No Presumptions;
Burden of Proof. For purposes of this Agreement, the termination of any Claim by judgment, order, settlement (whether with
or without court approval) or conviction, or upon a plea of nolo contendere, or its equivalent, shall not, of itself, create
a presumption that Indemnitee did not meet any particular standard of conduct or have any particular belief or that a court has
determined that indemnification is not permitted by applicable law.

 

(e) Notice to Insurers.
If at the time of the receipt by the Company of a notice of a Claim pursuant to Section 3(c) hereof the Company has liability insurance
in effect which may cover such Claim, the Company shall give prompt notice of the commencement of such Claim to the insurers in
accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable
action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Claim in accordance with
the terms of such policies.

 

    	 	 	 

    	 

    

 

(f) Selection of Counsel.
In the event the Company shall be obligated hereunder to pay the Expenses of any Claim, the Company, if appropriate, shall be entitled
to assume the defense of such Claim with counsel approved by Indemnitee (such approval not to be unreasonably withheld or delayed)
upon the delivery to Indemnitee of written notice of the Company’s election to do so. After (i) delivery of such notice,
(ii) approval of such counsel by Indemnitee and (iii) the retention of such counsel by the Company, the Company will thereafter
not be liable to Indemnitee under this Agreement for any fees of counsel subsequently incurred by Indemnitee with respect to the
same Claim; provided, that (1) Indemnitee shall have the right to employ Indemnitee’s separate counsel in any such
Claim at Indemnitee’s expense and (2) if (A) the employment of separate counsel by Indemnitee has been previously authorized
by the Company, (B) Indemnitee shall have reasonably concluded that there may be a conflict of interest between the Company and
Indemnitee in the conduct of any such defense, or (C) the Company shall not continue to retain such counsel to defend such Claim,
then the fees and expenses of Indemnitee’s separate counsel shall be at the expense of the Company.

 

4. Additional Covenants.

 

(a) Scope. The
Company hereby agrees to indemnify Indemnitee to the fullest extent permitted by Nevada law, notwithstanding that such indemnification
is not specifically authorized by the other provisions of this Agreement, by the Articles or the Bylaws (as now or hereafter in
effect) or by the NRS. In the event of any change after the date of this Agreement in any applicable law, statute or rule which
expands the right of a Nevada corporation to indemnify a member of its board of directors or an officer, employee, agent or fiduciary,
it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits afforded by such change.
In the event of any change in any applicable law, statute or rule which narrows the right of a Nevada corporation to indemnify
a member of its board of directors or an officer, employee, agent or fiduciary, such change, to the extent not otherwise required
by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the parties’ rights
and obligations hereunder except as set forth in Section 9(a) hereof.

 

(b) Nonexclusivity.
The indemnification provided by this Agreement shall be in addition to any rights to which Indemnitee may be entitled under the
Articles or the Bylaws (as now or hereafter in effect), any other agreement, any vote of stockholders or disinterested directors,
the NRS or otherwise. The indemnification provided under this Agreement shall continue as to Indemnitee for any action taken or
not taken while serving in an indemnifiable capacity even though Indemnitee may have ceased to serve in such capacity.

 

5. No Duplication of
Payments. The Company shall not be liable under this Agreement to make any payment in connection with any Claim made against
Indemnitee to the extent Indemnitee has otherwise actually received payment (under any insurance policy, provision of the Articles,
the Bylaws (as now or hereafter in effect) or otherwise) of the amounts otherwise indemnifiable hereunder.

 

6. Partial Indemnification.
If Indemnitee is entitled under any provision of this Agreement to indemnification by the Company for some or a portion of Expenses
incurred in connection with any Claim, but not, however, for the total amount thereof, the Company shall nevertheless indemnify
Indemnitee for that portion of such Expenses to which Indemnitee is entitled.

 

7. Mutual Acknowledgment.
Both the Company and Indemnitee acknowledge that in certain instances, federal law or applicable public policy may prohibit the
Company from indemnifying its directors, officers, employees, agents or fiduciaries under this Agreement or otherwise. Indemnitee
understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the SEC to submit
the question of indemnification to a court in certain circumstances for a determination of the Company’s right under public
policy to indemnify Indemnitee.

 

8. Liability Insurance.
To the extent the Company maintains liability insurance applicable to directors, officers, employees, agents or fiduciaries, Indemnitee
shall be covered by such policies in such a manner as to provide Indemnitee the same rights and benefits as are provided to the
most favorably insured of the Company’s directors, if Indemnitee is a director of the Company; or of the Company’s
officers, if Indemnitee is not a director of the Company but is an officer of the Company; or of the Company’s key employees,
agents or fiduciaries, if Indemnitee is not an officer or director but is a key employee, agent or fiduciary of the Company.

 

9. Exceptions.
Notwithstanding any other provision of this Agreement, the Company shall not be obligated pursuant to the terms of this Agreement:

 

(a) Excluded Action
or Omissions. To indemnify Indemnitee for acts, omissions or transactions from which Indemnitee may not be relieved of liability
under applicable law.

 

    	 	 	 

    	 

    

 

(b) Claims Initiated
by Indemnitee. To indemnify or advance expenses to Indemnitee with respect to Claims initiated or brought voluntarily by Indemnitee
and not by way of defense, except (i) with respect to actions or proceedings brought to establish or enforce a right to indemnification
under this Agreement or any other agreement or insurance policy or under the Articles or the Bylaws (as now or hereafter in effect)
relating to Claims for Indemnifiable Events, (ii) in specific cases if the Board of Directors of the Company has expressly approved
the initiation or bringing of such Claim, or (iii) as otherwise required under the NRS, regardless of whether Indemnitee ultimately
is determined to be entitled to such indemnification, advance expense payment or insurance recovery, as the case may be.

 

(c) Lack of Good Faith.
To indemnify Indemnitee for any expenses incurred by Indemnitee with respect to any proceeding instituted by Indemnitee to enforce
or interpret this Agreement, if a court of competent jurisdiction determines that each of the material assertions made by Indemnitee
in such proceeding was not made in good faith or was frivolous.

 

(d) Violation of Law;
Claims Under Section 16(b), Etc. To indemnify Indemnitee on account of any Claim with respect to (i) remuneration paid to Indemnitee
if it is determined by final judgment or other final adjudication that such remuneration was in violation of law, (ii) which final
judgment is rendered against Indemnitee for an accounting of profits made from the purchase and sale by Indemnitee of securities
of the Company pursuant to the provisions of Section 16(b) of the Act, or similar provisions of any federal, state or local statute,
or (iii) which a final adjudication establishes that Indemnitee’s acts or omissions involved intentional misconduct, fraud
or a knowing violation of the law and was material to the cause of action, including, without limitation, a final judgment or other
final adjudication that Indemnitee defrauded or stole from the Company or converted to his or her own personal use and benefit
business or properties of the Company or was otherwise knowingly dishonest.

 

(e) Settlement Without
Consent. To indemnify Indemnitee for any amounts paid in settlement of a Claim effected without the Company’s written
consent.

 

(f) Securities Act
Liabilities. Any provision herein to the contrary notwithstanding, the Company shall not be obligated pursuant to the terms
of this Agreement to indemnify Indemnitee or otherwise act in violation of any undertaking appearing in and required by the rules
and regulations promulgated under the Securities Act, or in any registration statement filed with the SEC under the Securities
Act. Indemnitee acknowledges that paragraph (h) of Item 512 of Regulation S-K currently generally requires the Company to undertake
in connection with any registration statement filed under the Securities Act to submit the issue of the enforceability of Indemnitee’s
rights under this Agreement in connection with any liability under the Act on public policy grounds to a court of appropriate jurisdiction
and to be governed by any final adjudication of such issue. Indemnitee specifically agrees that any such undertaking shall supersede
the provisions of this Agreement and further agrees to be bound by any such undertaking.

 

10. Period of Limitations.
No legal action shall be brought and no cause of action shall be asserted by or in the right of the Company against Indemnitee,
Indemnitee’s estate, spouse, heirs, executors or personal or legal representatives after the expiration of two years from
the date of accrual of such cause of action, and any claim or cause of action of the Company shall be extinguished and deemed released
unless asserted by the timely filing of a legal action within such two-year period; provided, however, that if any
shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall govern.

 

11. Counterparts.
This Agreement may be executed in one or more counterparts, including without limitation facsimile counterparts, each of which
shall constitute an original and all of which taken together shall constitute one and the same instrument.

 

12. Binding Effect;
Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties
hereto and their respective successors, assigns (including any direct or indirect successor by purchase, merger, consolidation
or otherwise to all or substantially all of the business or assets of the Company), spouses, heirs and personal and legal representatives.
The Company shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or
otherwise) to all, substantially all, or a substantial part, of the business or assets of the Company, by written agreement in
form and substance satisfactory to Indemnitee, to expressly assume and agree to perform this Agreement in the same manner and to
the same extent that the Company would be required to perform if no such succession had taken place. This Agreement shall continue
in effect regardless of whether Indemnitee continues to serve as a director, officer, employee, agent or fiduciary (as applicable)
of the Company or of any other enterprise at the Company’s request.

 

    	 	 	 

    	 

    

 

13. Attorneys’
Fees. In the event that any action is instituted by Indemnitee under this Agreement or under any liability insurance policies
maintained by the Company to enforce or interpret any of the terms hereof or thereof, Indemnitee shall be entitled to be paid all
Expenses incurred by Indemnitee with respect to such action, regardless of whether Indemnitee is ultimately successful in such
action, and shall be entitled to the advancement of Expenses with respect to such action, unless as a part of such action a court
of competent jurisdiction over such action determines that each of the material assertions made by Indemnitee as a basis for such
action were made in bad faith or were frivolous. In the event of an action instituted by or in the name of the Company under this
Agreement to enforce or interpret any of the terms of this Agreement, Indemnitee shall be entitled to be paid all Expenses incurred
by Indemnitee in defense of such action (including costs and expenses incurred with respect to Indemnitee’s counterclaims
and cross-claims made in such action), and shall be entitled to the advancement of Expenses with respect to such action, unless
as a part of such action a court having jurisdiction over such action determines that each of Indemnitee’s material defenses
to such action were made in bad faith or were frivolous.

 

14. Notice. All
notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed duly given (i)
if delivered by hand and signed for by the party addressed, on the date of such delivery, (ii) if sent by facsimile with written
evidence of successful transmission, on the date of such transmission, or (iii) if mailed by domestic certified or registered mail
with postage prepaid, on the third business day after the date postmarked. Addresses for notice to either party are as shown on
the signature page of this Agreement, or as subsequently modified by written notice.

 

15. Consent to Jurisdiction.
The Company and Indemnitee each hereby irrevocably consent to the jurisdiction of the courts of the State of Florida for all purposes
in connection with any action or proceeding which arises out of or relates to this Agreement and agree that any action instituted
under this Agreement shall be commenced, prosecuted and continued only in the state courts of the State of Florida.

 

16. Severability.
The provisions of this Agreement shall be severable in the event that any provision or provisions hereof (including any provision
within a single section, paragraph or sentence) are held by a court of competent jurisdiction to be invalid, void or otherwise
unenforceable, and the remaining provisions shall remain enforceable to the fullest extent permitted by law. Furthermore, to the
fullest extent possible, the provisions of this Agreement (including, without limitation, each portion of this Agreement containing
any provision held to be invalid, void or otherwise unenforceable, that is not itself invalid, void or unenforceable) shall be
construed so as to give effect to the intent manifested by the provision held invalid, illegal or unenforceable.

 

17. Choice of Law.
This Agreement shall be governed by, and its provisions construed and enforced in accordance with, the laws of the State of Nevada,
as applied to contracts between Nevada residents entered into and to be performed entirely within the State of Nevada, without
regard to conflict of laws provisions which would otherwise require application of the substantive law of another jurisdiction.

 

18. Amendment and Termination.
No amendment, modification, supplement, termination or cancellation of this Agreement shall be effective unless it is in writing
and signed by each party hereto. No waiver of any of the provisions of this Agreement shall be deemed to be or shall constitute
a waiver of any other provisions hereof (whether or not similar), nor shall such waiver constitute a continuing waiver.

 

19. Headings. The
headings of the Sections and paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute
part of this Agreement or to affect the construction hereof.

 

20. Integration and
Entire Agreement. This Agreement sets forth the entire understanding between the parties hereto and supersedes and merges all
previous written and oral negotiations, commitments, understandings and agreements relating to the subject matter hereof between
the parties hereto.

 

21. No Construction
as Employment Agreement. Nothing contained in this Agreement shall be construed as giving Indemnitee any right to be retained
in the employ of the Company or any of its subsidiaries or affiliated entities.

 

22. Subrogation.
In the event of payment under this Agreement, the Company shall be subrogated, to the extent of such payment, to all of the rights
of recovery of Indemnitee, who shall execute all documents required and shall do all acts as may be necessary to secure such rights
and to enable the Company to effective bring suit to enforce such rights.

 

    	 	 	 

    	 

    

 

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

 

	 	 	WALL STREET MEDIA CO., INC.
	 	 	 
	 	 	By:	/s/ Jeffrey A. Lubchansky
	 	 	 
	 	 	Name:	Jeffrey A. Lubchansky
	 	 	 
	 	 	Title:	Interim CEO, Chairman
	 	 	 
	 	 	
        Address:

        2001 Palm Beach Lakes Blvd – Suite 502-E

        West Palm Beach, FL

 

	AGREED TO AND ACCEPTED:	 	 
	 	 	 
	/s/ Jeffrey A. Lubchansky	 	 
	Jeffrey A. Lubchansky	 	 
	 	 	 
	Address:	 	 
	c/o Wall Street Media Co., Inc.	 	 
	2001 Palm Beach Lakes Blvd – Suite 502-E	 	 
	West Palm Beach, FLExhibit
10.2

 

 

	New
    York	Chicago	San
    Diego	Atlanta	Vancouver	Sao
    Paulo	Hong
    Kong	Beijing	Mumbai	Perth	Sydney	Taipei

 

www.mzgroup.us

 

Investor
Relations Consulting Agreement

 

THIS
CONSULTING AGREEMENT (“Agreement”) is made this 8th day of April, 2016 by and between Algodon Wines & Luxury Development
Group (VINO) (hereinafter referred to as the “Company” or “VINO”), and MZHCI, LLC, a MZ Group Company
(hereinafter referred collectively as the “Consultant” or “MZHCI”).

 

EXPLANATORY
STATEMENT 

 

The
Consultant affirms that it has successfully demonstrated financial and public relations consulting expertise, and possesses valuable
knowledge, and experience in the areas of business finance and corporate investor/public relations. The Company believes that
the Consultant’s knowledge, expertise and experience would benefit the Company, and the Company desires to retain the Consultant
to perform consulting services for the Company under this Agreement.

 

NOW,
THEREFORE, in consideration of their mutual agreements and covenants contained herein, and for other valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, and in further consideration of the affixation by the parties of their
respective signatures below, the parties agree as follows:

 

Consulting
Services

 

1.1MZHCI
agrees that for a period of twelve (12) months commencing on the 12th day of April 2016, the Consultant will reasonably be available
during regular business hours to advise, counsel and inform designated officers and employees of the Company as it relates to
financial markets and exchanges, competitors, business acquisitions and other aspects of or concerning the Company’s business
about which MZHCI has knowledge or expertise.

 

1.2MZHCI
shall render services to the Company as an independent contractor, and not as an employee. All services rendered by MZHCI on behalf
of the Company shall be performed to the best of MZHCI’s ability in concert with the overall business plan of the Company
and the goals and objectives of the Company’s management and Board of Directors, including articulating VINO’s investment
story and highlights; building and maintaining relationships with supporters of the stock, including institutional investors and
sell-side analysts; increasing the Company participation in investment conferences focused on mobile technology and small-cap
companies; achieving a fair market value for the Company’s stock; and significantly increasing the Company’ s exposure
in the financial market.

 

MZHCI
Initial_________ COMPANY Initial_________

 

    	Page 1	 	 

    	 

    

 

 

 

		I.	Scope
                                         of Services, Programs and Deliverables 

 

MZHCI
will develop, implement, and maintain an ongoing stock market support system for VINO with the general objective of expanding
awareness in VINO among stockbrokers, analysts, small-cap portfolio/fund managers, market makers, and the appropriate financial
& trade publications.

 

1.
SHAREHOLDER COMMUNICATIONS 

 

	 	A.	Consultant
    will understand the financials and all operating metrics of VINO in detail, facilitating interactions with new and current
    investors.
	 	B.	Consultant
    will provide 2 pager, PPT, and full website implementation.
	 	C.	Consultant
    will send welcome letter to initiate relationship with key shareholders + stakeholders. 
	 	D.	Consultant
    will review all Press Releases for all material events: assist management in articulating all material operating and financial
    events. Disseminate news to investor + media database. 
	 	E.	Consultant
    will provide a Senior Account Manager and single point of contact for all investors. Streamlines all communication and IR
    functionality. 
	 	F.	Consultant
    will conduct a perception study: contact shareholders/analysts and prospective investors on a quarterly basis to gather feedback
    on their views of how the business is evolving and management’s execution relative to expectations. 
	 	G.	Consultant
    will host all earnings conference calls. Logistics, script, and rehearsal sessions, including FAQs. Moderate call and manage
    the investor question queue. 

 

2.
INVESTMENT COMMUNITY OUTREACH 

 

MZ
will implement an ongoing stock market support system for VINO with the general objective of expanding awareness among stockbrokers,
analysts, small-cap portfolio/fund managers, market makers, and the appropriate financial & trade publications.

 

	 	A.	Consultant
    will provide roadshow coaching with objective analysis and recommendations to improve management’s presentation delivery.
    
	 	B.	Consultant
    will make introductions to targeted investors worldwide utilizing a proprietary, robust database:

 

	 	i.	Equity
    Brokers
	 	ii.	Analysts
    (both generalists and industry specialists) 
	 	iii.	Portfolio
    Managers/Institutions
	 	iv.	High
    Net Worth Investors
	 	v.	Market
    Makers
	 	vi.	Financial
    Publications

 

	 	C.	Consultant
    will organize Non-Deal Roadshows throughout the next twelve months. MZHCI provides complete intelligence pre and post meeting
    and has a trained professional to accompany management. This will include Australia and other countries if appropriate. 
	 	D.	Consultant
    will organize Virtual Non-Deal Roadshows throughout the next twelve months – Live investor presentations webcast from
    management’s locale. This will be by invitation only and participants will be comprised of shareholders, institutional
    and retail investors, and buy/sell side analysts. 

	 	E.	Consultant
    will screen all North American investment firms for upcoming financial conferences and select those that would be appropriate
    for VINO. Work to secure invitations. Consultant will endeavor to obtain at least two invitations.

 

MZHCI initials: ________Company initials: ________

 

    	Page 2 of 8	 	 

    	 

    

 

 

 

3.
FINANCIAL MEDIA RELATIONS

 

Targeted
media relations offer an important segment to the corporate story. MZHCI will target media opportunities that highlight VINO’s
strategy, growth objectives, board of directors, developments and milestones related to its business. Services include:

 

	 	A.	Targeted
    media programs 
	 	B.	Strategic
    counsel 
	 	C.	Release
    drafts and media targets 
	 	D.	Q&A
    to support significant corporate developments 
	 	F.	Feedback
    after interviews

 

Trade
Magazines & Journals - Investors, business partners, customers, and business reporters utilize the industry press as a
valued source of information. MZHCI will raise awareness for VINO’s business and technologies, and news events related to
growth performance, partnership deals, and significant product advances in qualified trade magazines and journals.

 

Business
& Financial Media – MZHCI will identify the optimal news, corporate, and industry trends that will provide angles
in the business/financial media and then actively pursue those opportunities with the appropriate reporter(s).

 

MZHCI
Branded Distribution – Company will be featured in MZHCI Newsletter which is distributed eight times per year to over 25,000
investors worldwide.

 

PUBLIC
MARKET INSIGHT 

 

MZHCI
will counsel and educate the Company’s senior management on the life cycle of the financial markets and most importantly
how the Company is impacted directly and indirectly by different variables. The Team at MZHCI leverages its collective expertise
on all aspects of strategic financial, corporate and crisis communications gain through representing over 200 public companies.
MZHCI will help the Company set and manage expectations while relaying valuation metrics, perceptions, and methodologies utilized
by investment professionals. This consulting aspect of MZHCI’s business is extremely valuable for management to optimize
key opportunities and to avoid pitfalls.

 

As
part of its ongoing commitment and partnership with the Company, MZHCI will educate the Company’s senior management on the
importance of establishing conservative expectations and how various corporate actions may be perceived and impact the public
market. MZHCI can also help access acquisition candidates plus discuss the financial impacts and longer term implications.

 

MZHCI initials: ________Company initials: ________

 

    	Page 3 of 8	 	 

    	 

    

 

 

 

II.Agenda

 

Timeline

 

FIRST
30 DAYS 

 

	 	A.	Spend
    adequate time with management to understand the business/growth plan, financial forecasts, capital expenditure, and cash flow
    projections. 
	 	B.	Create
    a two-page Corporate Profile, which clearly articulates VINO’s current business and financial position, as well
    as its strategy for future growth. This is an important marketing piece for investors to quickly learn about the company.
    
	 	C.	Review
    and update PowerPoint presentation. MZHCI will utilize proprietary research, feedback from conversations and meetings to incorporate
    and improve the Investor PowerPoint and message delivery. UPDATED AT LEAST ONE TIME PER QUARTER.
	 	D.	Assist
    and provide input for all corporate press releases including both creation and ongoing revisions. We will assist by providing
    additional fact finding and other market research which will help the context and delivery of the message. 
	 	E.	Include
    VINO on MZ Newsletter and www.mzgroup.us website within two weeks. 
	 	F.	Counsel
    senior management on all aspects of the capital markets and most importantly how VINO is impacted directly and indirectly
    by different economic variables. The goal is to enable management to optimize key opportunities and to avoid pitfalls, both
    of which have long-term positive implications.
	 	G.	Host
    Virtual Road Shows for management with goal of having at least 20-25 new investment professionals joining during each event.
    Alternate schedules between these events and traditional Road Shows to continue growing a pipeline of new and interested investors.
	 	H.	Develop
    initial target list and begin making introductions to investment professionals and investors while seeding and confirming
    meetings for upcoming Road Shows. Practice and refine presentation with management team. 

	 	-	Target
    brokers, fund managers, Buy and Sell Side Analysts, and high net worth investors which follow companies with a similar profile
    to VINO

	 	I.	Provide
    a detailed description of each contact prior to each meeting. During the meetings and/or conference calls a member of MZHCI
    will be available to facilitate the correspondence and assist with due diligence. Management will be provided with a summary
    of feedback including MZHCI’s suggestions for improvements on both the context and delivery of the Company’s story.

 

DAYS
30-60 

 

	 	A.	Target
    brokerage firms who hold conferences which would be applicable for VINO. Establish a goal of having management present in
    at least 3 new conferences. These would be non-paid for and have high institutional attendance, in addition to high net worth
    investors. Additionally, MZHCI will seek opportunities to present to brokers directly at firms for both teach-ins and small
    events. 
	 	B.	Formalize
    a Press Release calendar (queue) for coming three months. Create and release accordingly to the market and simultaneously
    to current and prospective investors inboxes.
	 	C.	Include
    VINO where applicable in interviews with all financial online sites. Review and create media target list. Being to make introductions
    and follow-up.
	 	D.	Include
    VINO in all presentations where MZHCI representatives will speak on VINO’s industry topics. 
	 	E.	Continue
    outreach and road shows.

 

MZHCI initials: ________Company initials: ________

 

    	Page 4 of 8	 	 

    	 

    

 

 

 

DAYS
60-90 

 

	 	A.	Formalize
    and continually update the database to ensure that all press releases are e-mailed to all interested professionals. 
	 	B.	Target
    newsletter editors and publishers for favorable recommendations. Focus on Business Publications for appropriate stories on
    VINO product roll-out, unique carrier centric model, and key competitive advantages to investors and industry players. Follow-up
    accordingly with all interested parties with a goal of receiving a new piece of media coverage at least 1x per quarter. 
	 	C.	Schedule
    and book out Road Shows. 
	 	D.	Conduct
    and host quarterly and annual earnings call. This will include full script creation, Q&A/FAQ compilation and practice.
    Incorporate feedback and key concepts into prepared remarks. Schedule the call, including webcast and generate a press release
    to notify shareholders of conference call (it should be released at least 7 days prior to call date). Call outs to maximize
    attendance and gather feedback to improve ongoing public correspondence.

 

ONGOING
– These services will be provided ongoing with a summary included in each quarterly update

 

	 	A.	Respond
    to all investor requests and calls in a timely manner to facilitate the distribution of corporate information. Focus on educating
    shareholders, with the premise that an informed investor will become a longer term investor.
	 	B.	Formalize
    and continually update the database to ensure that all press releases are e-mailed to all interested professionals. This includes
    the input of notes to keep track of all investor correspondence and reminder calls to all investor prior to earnings conference
    calls.
	 	C.	Provide
    consulting services to VINO management on the public markets
	 	D.	Provide
    progress reports to senior management and evaluate achievements with a monthly summary of activities and a detailed report
    every quarter.

 

Many
of the above items will occur simultaneously but certain items will have chronological priority over others. As VINO grows, MZHCI
will recommend changes to the Agenda that complement its growth. As the Company continues to execute its strategic plan by winning
new customers and expanding its base of business we will target an expanded universe of institutional investors. At each stage
of growth, the appropriate approach to the market will be incorporated into the agenda for optimal results.

 

Assuming
that management’s efforts are leading ultimately to success and greater profitability, the end results of this financial
communication and awareness campaign should be:

 

	 	A.	An
    increase in the number of financial professionals (including brokers, institutions and analysts) and individual investors
    well educated and knowledgeable about VINO: including senior management, the company’s products, and its current financial
    condition & growth opportunities.
	 	B.	An
    increase in the number of articles printed in both trade and financial publications.
	 	C.	An
    increase in the liquidity of the common stock.
	 	D.	An
    increase in VINO market capitalization coupled with a broader, more diverse shareholder base.
	 	E.	Suitable
    and better access to the capital markets, which will facilitate future acquisitions and working capital needs. 

 

MZHCI initials: ________Company initials: ________

 

    	Page 5 of 8	 	 

    	 

    

 

 

 

III.Term

 

This
Agreement becomes effective upon execution, and shall remain effective for a period of twelve (12) months from that date. After
the initial six (6) months of the term, this Agreement be terminated by either party by delivery of written notice of termination
to the other at least thirty (30) days prior to the end of the six (6) month term. In the event that this agreement is not terminated
at the end of the initial 6 month period, this agreement shall continue through the life of the agreement. 

 

IV.Compensation

 

	Cash
    	$6,500
    per month payable on the first day of each month.
	 	 
	Equity	The
    Company will issue a warrant to purchase up to 150,000 shares of common stock covering a 12 month service period. The first
    warrant to purchase 75,000 will issued within 10 days of the contract date with a strike price at $2.50 and will vest in 3
    months from the contract date. The second warrant to purchase 75,000 will be issued at the 6 month anniversary date with a
    strike price at $2.50 and will vest in 3 months from the 6 month anniversary date. The common shares underlying the warrants
    will be registered no later than 12 months from the date of the IPO or public offering. The warrants will include a cashless
    provision and collectively expire 3 years from the date the first offering is completed.
	 	 
	Expense
    Reimbursement	Only
    expenses that would ordinarily be incurred by the Company will be billed back on a monthly basis. Applicable reimbursements
    would include: creation, printing and postage for investor packages, fees for news wire services. Any packages requiring additional
    photocopying/ printing will be billed back to the Company at cost (with no mark-up). Any extraordinary items, such as broker
    lunch presentations, air travel, hotel, ground transportation or media campaigns, etc. shall be paid by the Company, only
    with Company authorization prior to incurring any expenses.

 

V.Prior
Restriction 

 

MZHCI
represents to the Company that it is not subject to, or bound by, any agreement which sets forth or contains any provision, the
existence or enforcement of which would in any way restrict or hinder MZHCI from performing the services on behalf of the Company
that MZHCI is herein agreeing to perform.

 

Neither
MZHCI nor any consultant it utilizes in connection with the services hereunder shall provide any service to, or contract with
any direct competitor of the Company during the Term of this Agreement (including any extensions thereof) or for a period of ninety
(90) days thereafter.

 

MZHCI initials: ________Company initials: ________

 

    	Page 6 of 8	 	 

    	 

    

 

 

 

VI.Assignment

 

This
Agreement is personal to MZHCI and may not be assigned in any way by MZHCI without the prior written consent of the Company. Subject
to the foregoing, the rights and obligations under this Agreement shall inure to the benefit of, and shall be binding upon, the
heirs, legatees, successors and permitted assigns of MZHCI and upon the successors and assigns of the Company.

 

VII.Confidentiality

 

Except
as required by law or court order, MZHCI will keep confidential any trade secrets or confidential or proprietary information of
the Company which are now known to MZHCI or which hereinafter may become known to MZHCI and MZHCI shall not at any time directly
or indirectly disclose or permit to be disclosed any such information to any person, firm, or corporation or other entity, or
use the same in any way other than in connection with the business of the Company and in any case only with prior written permission
of VINO. For purposes of this Agreement, “trade secrets or confidential or proprietary information” includes information
unique to or about the Company including but not limited to its business and is not known or generally available to the public.

 

Any
confidential material held by Consultant will be returned to Company within one calendar month of the expiration or termination
of this agreement.

 

Any
confidential information should not be disclosed by Consultant for a period of five (5) years subsequent to the termination of
this agreement.

 

VIII.
Default 

 

	 	1.	Except
    for a claim or controversy arising under Section VIII of this Agreement, any claim or controversy arising under any of the
    provisions of this Agreement shall, at the election of either party hereto, be determined by arbitration in California in
    accordance with the rules of the American Arbitration Association. The decision of the Arbitrator shall be binding and conclusive
    upon the parties. Each party shall pay its own costs and expenses in any such arbitration. The prevailing party shall be entitled
    to reimbursement of all fees incurred, including attorney, filing, travel and anything associated with the arbitration. 
	 	 	 
	 	2.	In
    the event that MZHCI commits any material breach of any provision of this Agreement, as determined by the Company in good
    faith, the Company may, by injunctive action, compel MZHCI to comply with, or restrain MZHCI from violating, such provision,
    and, in addition, and not in the alternative, the Company shall be entitled to declare MZHCI in default hereunder and to terminate
    this Agreement and any further payments hereunder.
	 	 	 
	 	3.	Since
    MZHCI must at all times rely upon the accuracy and completeness of information supplied to it by the Company’s officers,
    directors, agents, and employees, the Company agrees to indemnify, hold harmless, and defend MZHCI, its officers, agents,
    and employees at the Company’s expense, against any proceeding or suit which may arise out of and/or be due to any material
    misrepresentation in such information supplied by the Company to MZHCI (or any material omission by the Company that caused
    such supplied information to be materially misleading). 
	 	 	 
	 	4.	MZHCI
    agrees to indemnify, hold harmless and defend the Company, its officers, directors, employees and agents from and against
    any and all claims, actions, proceedings, losses, liabilities, costs and expenses (including without limitation reasonable
    attorney’s fees) incurred by any of them in connection with, as a result of, and or due to any actions or inactions
    or misstatements by MZHCI, its officers, agents, or employees regarding or on behalf of the Company whether as a result of
    rendering services under this agreement or otherwise.

 

MZHCI
initials: ________Company initials: ________

 

    	Page 7 of 8	 	 

    	 

    

 

 

 

IX.Severability
and Reformation 

 

If
any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall
be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid or unenforceable provision
were never a part hereof, and the remaining provisions shall remain in full force and shall not be affected by the illegal, invalid,
or unenforceable provision, or by its severance; but in any such event this Agreement shall be construed to give effect to the
severed provision to the extent legally permissible.

 

X.Notices

 

Any
notices required by this Agreement shall (i) be made in writing and delivered to the party to whom it is addressed by hand delivery,
by certified mail, return receipt requested, with adequate postage prepaid, or by courier delivery service (including major overnight
delivery companies such as Federal Express and UPS), (ii) be deemed given when received, and (iii) in the case of the Company,
be mailed to its principal office at Algodon Wines & Luxury Development Group, 135 Fifth Avenue, 10th Floor, New
York, NY 10010; and in the case of MZHCI, be mailed to MZHCI, LLC, 5055 Avenida Encinas, Suite 130, Carlsbad, CA 92008.

 

XI.Miscellaneous

 

	 	1.	This
    Agreement may not be amended, except by a written instrument signed and delivered by each of the parties hereto.
	 	2.	This
    Agreement constitutes the entire understanding between the parties hereto with respect to the subject matter hereof, and all
    other agreements relating to the subject matter hereof are hereby superseded.
	 	3.	This
    Agreement shall be governed by, and construed in accordance with, the laws of the State of California.

 

In
Witness Whereof, the parties have executed this Consulting Agreement as of the day and year first above written.

 

AGREED:

 

	MZHCI,
    LLC	 	Algodon
    Wines & Luxury Development Group
	 	 	 	 	 
	By:
    	/s/
    Ted Haberfield	 	By:	/s/ Scott Mathis
	 	Ted
    Haberfield, President	 	 	Scott
Mathis, Chairman & CEO
	 	 	 	 	 
	Date:
    	April 15, 2016	 	Date:
    	April 14, 2016

 

MZHCI initials: ________Company initials: ________

 

    	Page 8 of 8

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