Document:

Exhibit
10.4

 

MANNING
AGENCY AGREEMENT 

 

Odessa,
Ukraine 1st JANUARY 2021

 

This
MANNING AGENCY AGREEMENT is concluded pursuant to the relevant provisions of:

 

		●	the
                                            Law of Ukraine “About external economic activity”,

		●	the
                                            Law of Ukraine “About the order of accounts in the foreign currency”,

		●	the
                                            Decree of Cabinet of Ministers of Ukraine “About the system of the currency regulation
                                            and currency control”,

		●	the
                                            Order of the Ministry of external economic links and trade of Ukraine “About the Statute
                                            about the form of external economic treaties (contracts),

		●	the
                                            Instruction “About the conditions and rules of the mediator activity in job placement
                                            including foreign countries and the control for its performance”.

 

BY
and BETWEEN

(a)
ELVICTOR GROUP INC

 

30
Wall Street (8th Floor)

 

New
York City NY 10005

 

U.S.A.

 

Acting
as the appointed representative of the Shipowners, (hereinafter referred to as “Principal”), duly represented for the purposes
of this Agreement by the CEO, Konstantinos S. Galanakis,

 

AND

 

(b)
ELVICTOR SHIPPING & TRADING ODESSA”

Bunina
Str., 2, Odessa, 65014, Ukraine 

 

A
company duly registered, organized operating and existing under the laws of The Ukraine having its principal place of business at 2 Bunina,
Str., Odessa, The Ukraine (hereinafter referred to as “Agent”), duly represented for the purposes of this Agreement by the
Director/[Title] Dmytro Yerofeyev with Passport Nr. FN 909236.

 

[Hereinafter
jointly referred to as ’the parties’]

 

WHEREAS
the Principal provides, inter-alia, crew management services to owners of merchant vessels worldwide.

 

     

     

    

 

WHEREAS
the Agent is involved in providing manning agency services to Merchant vessels worldwide, specializing as provider of Ukranian mariners.

 

WHEREAS
the Principal wishes to appoint the Agent as such with specific abilities and within a specific territory towards the promotion of
the Principal’s business, activities and interest in this particular field.

 

The
PRINCIPAL appoints the AGENT as its manning Agent and the AGENT accepts such appointment.

 

NOW
THEREFORE, in consideration of the mutual promises set forth below, the parties agree as follows:

 

		1.	TERRITORY

 

The
Principal hereby appoints the Agent as its exclusive manning Agent for the territory of Ukraine (hereinafter called “the territory”)
and the Agent accepts such appointment.

 

		2.	GOOD
                                            FAITH AND FAIR DEALING

 

2.1
In carrying out their obligations under this agreement the parties will act in accordance with the principles of Good Faith and Fair
Dealing as same are defined by either any applicable law or the international law.

 

2.2
The provisions of this agreement, as well as any statements made by the parties therewith shall be accordingly interpreted in good
faith.

 

		3.	AGENT’S
                                            FUNCTIONS AND OBLIGATIONS

 

3.1.
The Agent will use his best efforts to promote the business, activities and interests of the Principal in the Territory.

 

3.2
The Agent shall screen and evaluate efficiently any and all crew members so as to ensure that those who are employed, are fully qualified,
competent, experienced and licensed for their rank and for the specific services required, in accordance with the Company’s Policy Plan
hereby attached (Schedule 1).

 

    2

     

    

 

3.3
The Agent prior to the engagement, shall arrange and ensure that each seaman has passed a medical examination including Drug Alcohol
Testing, (Tanker relevant ships) with a qualified doctor, certifying that he is suitable for the duties for which the seaman is engaged,
that he is free of existing or pre-existing chronic diseases and that he is in possession of a valid medical certificate at the time
of embarkation. The Agent, in particular, shall ensure that each seaman will have to undergo the following strict medical examinations
and obtain a medical certificate:

 

OBLIGATORY

 

		1.	Complete
                                            Physical Examination

 

		2.	Blood
                                            Count and Blood Type

 

		3.	Urine
                                            Analysis

 

		4.	Dental
                                            and Optical Check Up

 

		5.	Chest
                                            X-Ray (for detection of Tuberculosis)

 

		6.	Routine
                                            Stool Examination (for detection of Gastro disease)

 

		7.	Ishihara
                                            Test (Deck Officers and Crew)

 

		8.	Psychological
                                            Appraisal

 

		9.	Drug
                                            and alcohol test for tanker relevant ships at actual cost.

 

OPTIONAL

 

Will
be determined on a case by case basis (ship by ship) and it is on the Agent’s discretion to notify the seaman with a specific/written
advice to proceed to the following:

 

Package
A (Limited):

 

1.
VDRL (for detection of sexually transmitted disease such as Gonorrhea, Syphilis, etc)

 

2.
FBS (for detection of Diabetes)

 

3.
Hepatitis B

 

4.
VIH/AIDS

 

5.
SGPT & SGOT (for detection of Kidney Disease and Myocardial Infection)

 

Package
B (Full) Includes those specified in Package A plus:

 

6.
E.C.G. (for detection of Heart problems)

 

7.
B.U.N. (for detection of Kidney disease)

 

8.
Creatinine (in conduction with above for detection of Kidney disease)

 

9.
Gamma (for detection of Liver disease)

 

    3

     

    

 

3.4
The Agent shall provide complete preparation for the employment and travelling requirements from the country of origin of all crew
members being employed to The place of employment or to the place of their embarkation and shall ensure and facilitate their lawful and
timely departure for travelling to the place of employment and/or embarkation.

 

3.5
The Agent shall fill in the “Check List’’ form of candidates’ details and “Past Record” (as per Schedule 2) provided
upon proposing anv crew for employment. On each crew’s joining and not later than ten (10) days from the departure date, the Agent shall
forward to the Principal by courier or similar means of transportation, the originals of the “Check List” and “Past Record”
forms properly and fully completed and documented, along with each seaman’s Contract of Employment.

 

Any
failure of the Agent towards his duties will result in stopping Agent’s fees for said seamen, while these documents are pending or missing.

 

3.6
The Agent shall ensure that in accordance with the Principals’ requirements, the applicable requirements of the law of the
vessel’s flag state are satisfied in respect of:

 

3.6.1
The rank qualification and certification of the crew.

 

3.6.2
Employment Regulations

 

3.6.3
All necessary formalities for the issuance of crew documentation, in accordance with the vessel’s flag requirements.

 

3.6.4
Port Authorities’ regulations.

 

3.6.5
Flag state controls.

 

3.6.6
Classification surveys or any other major inspections.

 

3.7
The Agent shall send to the Principal, by mail or fax, a detailed Curriculum Vitae and record of sea services for all Crew requested
along with copies of their certificates of competency and a documented report of the interview results.

 

    4

     

    

 

3.7.1
The Agent will have to use the following pattern/list when sending candidate crew to the Principal:

 

1.
Rank

 

2.
Surname

 

3.
Name

 

4.
Father

 

5.
Date of Birth & Place of Birth

 

6.
Seaman’s Book Number (Place of Issue, Date of Issue, Date of Expiry)

 

7.
Passport Number Place of Issue, Date of Issue, Date of Expiry)

 

8.
Certificate of Competency (Kind Number and Endorsement of Certificate)

 

9.
Expiry Date:

 

10.
Flag License (Kind, Date of Issue, Date of Expiry)

 

11.
English Level:

 

12.
U.S.A. Visa Valid Up to:

 

13.
Miscellaneous Documents:

 

14.
Sea Service: (as per “Past Records” form lay out)

 

15.
References: (as per “Past Records” form lay out)

 

3.8
The Principal in case of any crew disembarkation due to unfit or disciplinary reasons or in case of the termination of the seaman’s
contract, due to illness or injury or death, shall advise the Agent as regards the assignment or termination of the seaman’s contracts
of employment, range of payments and conditions of employment. The Agent, if necessary, shall assist the Master to respond to any differences
and difficulties or disputes which may arise with the crew. In case of urgency and subject to Master’s request, the Agent shall coordinate
and cooperate directly with the Master regarding any crew matters.

 

3.8.1
Upon the request of the Principal, the Agent is obliged to send one of his representatives (Port Captain or Super-Intendant Engineer)
attending to any crew matters on board of any vessel worldwide. All associated expenses will be covered by the Principal.

 

    5

     

    

 

3.9
The Agent shall exercise his utmost diligence to evaluate continuously and provide the Principal with current advice of any alterations
in the local working conditions and the availability of the officers and unlicensed crew members in the Territory, in order to be able
to advise the Principal for all matters pertaining to the recruitment of personnel to carry out efficiently and effectively his duties.

 

3.10
The Agent will not operate the Payroll Giving Scheme. A full payment will be made on board.

 

3.11
The Agent confirms and warrants that its services will be carrying out through its premises, having all the facilities, being fully
equipped, under the supervision of a skilled and well educated professional, thus, providing high standards of office functions and office
personnel.

 

3.12.1
Τhe Agent hereby acknowledges that any hiring for or firing from its office is subject to the approval of the Principal.

 

3.12.2
The Agent confirms and warrants that for any disbursements that are reasonably estimated to exceed the amount of US$ 10,000 [United
States Dollars Ten Thousand] will seek the Principal’s confirmation. The Agent equally acknowledges that, upon the Principal’s
request, an indicative breakdown analysis of the relevant disbursements shall be provided.

 

		4.	THE
                                            PRINCIPAL’S FUNCTIONS AND OBLIGATIONS

 

4.1
The Principal shall ensure that in cases of termination of the contract of employment of a crew member, the Master shall submit to
the Agent official reports regarding the facts that caused the termination of crew member services, and more particularly:

 

4.1.1
Any log book extracts.

 

4.1.2
The Master’s report will be countersigned by a departmental officer.

 

4.1.3
A copy of the relevant entry in the vessel’s Articles.

 

4.1.4
Any other document reasonably required.

 

4.2
The Principal, if necessary, shall assist the Master to respond to any differences, difficulties or disputes which may arise with
the crew.

 

4.3
The Principal shall compensate the Agent for the services and operations performed and carried out by the Agent, stipulated in clause
5.

 

    6

     

    

 

4.4
The Principal through the Master shall provide the officers and crew of each vessel victualling allowances in accordance with the
international re-accepted maritime standards and practices.

 

4.5
The Principal will seek for, attend and be promptly advised by the owners that any and all medical and hospitalization treatment
of officers and crew, is covered by the Owner’s protection and indemnity association. Sick or injured crew members are entitled to hospitalization
and/or medical treatment at the owners’ expenses under established international maritime practices. Compensation for death and injury
shall be handled according to the terms of Crew Employment Contracts.

 

4.6
The Principal hereby explicitly confirms and stipulates that such medical assistance and/or repatriation, does not apply in the case
of:

 

4.6.1
Chronic diseases existing or pre-existing before the crew member joined the vessel and which could have been detected at the time
of the re-employment medical examination.

 

4.6.2
Illness, injury or other disability caused by drunkenness of the seaman or his deliberate or illegal action/behavior.

 

4.7
The Principal will decide, solely and absolutely, the number of the composition of the crew on board the vessel.

 

4.8
The Principal hereby authorizes the Agent to sign seaman’s individual contract of employement on behalf of the vessel’s Owners/ Managers.

 

		5.	AGENT’S
                                            REMUNERATION

 

5.1
Subject to clause 3.12.2, the Principal agrees and undertakes to pay to the Agent an Agency fee of USD 20.- per seaman per month,
a Recruitment fee of USD 30.- per seaman per contract and any administrative expenses (with documented evidences/vouchers).

 

5.2
Payment of that fee in favor of the Agent from the third party is possible.

 

5.3
The aforementioned fee shall be paid by the Principal on the basis of the invoices, issued by the Agent within 30 calendar days from
their issuing date, by means of remittance to the Agent’s current account.

 

    7

     

    

 

		6.	TERM
                                            OF THE AGREEMENT/ TERMINATION/BREACH

 

6.1
This Agreement enters into force on the 1st January 2021. and shall remain in force until 31st December 2022.

 

6.2
This Agreement shall be automatically renewed for a successive period of two years, unless terminated by either party by a written
notice delivered by any means of communication, ensuring evidence and date of receipt (e.g. registered mail, courier, etc), not less
than three (3) months before the date of its expiry.

 

6.3
In case that each party, failed to meet his obligations under this Agreement for any reason under his control, the other party may
give a thirty (30) days’ written notice, delivered by any means of communication ensuring evidence and date of receipt (e.g. registered
mail, courier, etc), requesting a remedy as soon as possible. In the event that the failing party denies the compensation to the other
party within a reasonable time, then the notifying party will be entitled to terminate the Agreement with immediate effect by a written
notice.

 

6.4
Either party has the right to cancel this Agreement with immediate effect if the other party should enter into liquidation proceedings,
either voluntarily or compulsorily, or becomes insolvent or enters into composition proceedings or if a distress or execution be levied
on the goods and effects of either party or either party should enter into receivership or reorganization.

 

		7.	MISCELLANEOUS
                                            PROVISIONS

 

7.1
In case of any crew repatriation due to unfit or disciplinary reasons, wages due to seaman up to the date of repatriation may service
to cover such costs. However, in cases that this cannot be done, or it is not enough, the Agent agree to bear the costs of seaman’s repatriation
and his substitute’s ticket.

 

7.2
Any communication and all notices may be sent by telex or telefax or delivered by registered mail or by hand, to the Principal and
the Agent in their addresses, as described herein below:

 

For

 

ELVICTOR
GROUP INC..

 

30
Wall Street (8th floor)

 

New
York City NY 10005

 

U.S.A.

 

For

 

    8

     

    

 

ELVICTOR
SHIPPING & TRADING ODESSA LTD,

 

2
Bunina Str.,Odessa, 65014

 

Ukraine

 

7.3
The terms of this Agreement will also automatically apply to the crew of all the vessels which are manned by the Agent and that no
particular or special Crew Manning Agency Agreement has to be signed.

 

		8.	APPLICABLE
                                            LAW/ARBITRATION

 

8.1
This Agreement is governed by English Law and construed accordingly.

 

8.2
Any dispute arises out of or in connection with this Agreement, will be settled amicably by the parties, through discussions and
negotiations. Failing this procedure, any and all disputes arising out of this Agreement, shall be resolved by arbitration in London,
under the London Maritime Arbitration Association Rules (LMAA Rules) currently in force.

 

8.3
The award rendered by the Arbitration panel shall be final and binding upon the parties and may, if necessary, be enforced by the
Court or any other competent authority in the same manner as a judgment in the Court of Justice.

 

		9.	MODIFICATIONS/NULLITY/
                                            ASSIGNMENT/GENERAL

 

9.1
Any term, clause or condition of this Agreement can be changed, amended, modified, deleted or revoked only upon the mutual written
consent of both parties.

 

9.2
All parties’ correspondence shall be held exclusively in English and any document in foreign language, should be translated in English
at the expense of the sender thereof prior to its dispatch.

 

9.3
All notices will be effective when received in writing to the respective addresses of the parties or by means of cable, telex or
facsimile transmissions to the numbers to be so allocated in writing between the parties. Any notice of change may be given in writing
by either party within a reasonable time in advance.

 

    9

     

    

 

IN
WITNESS WHEREOF the parties hereto have executed this Agreement as of the date in two originals, each party taking one copy of equal
validity, this 1st January 2021.

 

The
Signatories

 

	For and on behalf of the PRINCIPAL	 	For and on behalf of the AGENT
	 	 	 
	Konstantinos  Galanakis	 	Dmytro Yerofeyev

 

 

10Exhibit 10.5

 

STOCK PURCHASE AGREEMENT

 

Dated:October 1, 2021

 

THIS STOCK PURCHASE AGREEMENT (the
“Agreement”) for the purchase of One Hundred (100) shares of Common Stock (“Common Stock”) of Ultra Shipmanagement,
Inc. ( the “Company”), a Republic of the Marshall Islands corporation, is made this day by and between those parties listed
on the signature page below (each the “Shareholder” or “Seller” and collectively the “Shareholders”
or the “Sellers”) and Elvictor Group, Inc., a Nevada corporation (each the “Buyer” and collectively the “Buyers”).

 

RECITALS

 

WHEREAS, the Sellers now owns
exactly One Hundred (100) shares of the issued and outstanding Common Stock of the Company, $0.0001 par value, in such amounts as indicated
on the signature page, and;

 

WHEREAS, the Seller desire
to sell to Buyer and Buyer desires to purchase from Seller an aggregate of One Hundred (100) shares of Common Stock, and;

 

WHEREAS, Sellers desire to
assign all their rights to the Shares to Buyers;

 

WHEREAS, the parties hereto
desire to complete the issued and outstanding Common Stock purchase upon the terms and conditions hereinafter stated;

 

NOW, THEREFORE, in consideration
of the mutual covenants and agreements hereinafter set forth, it is agreed as follows:

 

AGREEMENT

 

		1.	Sale of Shares. Sellers hereby agree to sell and deliver to Buyers, and Buyers hereby agree
to purchase from Sellers One Hundred (100) Shares of the issued and outstanding Common Stock of the Company (the “Shares”),
in accordance with the ownership described on the signature page.

 

		2.	Purchase.

 

		a)	The purchase price for the Shares shall be Two Thousand Five Hundred Dollars.($2,500) (the “Purchase
Price”) to be paid, pro rata, to the Shareholders as described on the signature page.

 

		b)	Company shall provide the Buyers a print-out from the stock ledger, signed by the Company ́s secretary,
showing Buyers’ shares of the Company purchased by this transaction.

 

		3.	Reserved.

 

		4.	Reserved.

 

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		5.	Closing.

 

 

		a.	Unless otherwise agreed by the parties, the Closing shall occur by parties mailing to each other executed
Agreements on or before October 1, 2021 (the “Closing”), TIME BEING OF THE ESSENCE, or at such other date as the parties
may mutually designate in writing (the date of consummation is referred to herein as the “Closing Date”).

 

		b.	At the Closing, Sellers shall instruct the Secretary of the Company to make the appropriate changes on
the shareholder ledger of the Company.

 

		c.	At Closing, Buyers shall deliver to the Shareholders their pro rata portion the Purchase Price;
and

 

		d.	At or upon Closing, the parties shall execute all other documents and take such other actions as are reasonably
necessary to carry out the terms of this Agreement and consummate the transactions contemplated hereby.

 

		6.	Representations and Warranties of Seller. Sellers jointly and severally represent and warrants
to Buyers as follows:

 

		a.	Authority. Each Seller has the authority to enter into this Agreement and to carry out his obligations
hereunder. Each Seller represents that this Agreement is a valid and binding obligation of the respective Seller. Neither the execution
and delivery of this Agreement nor the consummation of the transactions contemplated hereby nor compliance by the respective Seller with
any of the provisions hereof will result in a default (or give rise to any right of termination, cancellation, or acceleration) under
any of the terms conditions or provisions of any note, bond, mortgage, indenture, license, agreement or other instrument or obligation
to which either the respective Shareholder or Seller is a party, or by which they or any of their properties or assets may be bound.

 

		b.	Clear Title. Sellers are the owners, free and clear of any encumbrances, of their respective shares
of the outstanding Issued and outstanding common stock in the Company.

 

		c.	Accuracy of Statements. Neither this Agreement nor any statement or other information furnished
or to be furnished by Sellers to Buyer in connection with this Agreement or any of the transactions contemplated hereby contains or will
contain an untrue statement of material fact, or omits or will omit to state a material fact necessary to make the statements contained
herein or therein not misleading.

 

		7.	Representations and Warranties of Buyers. Buyers, jointly and severally represent and warrant
to Sellers as follows:

 

		a.	Authority. Buyers have the authority to enter into this Agreement and to carry out its obligations
hereunder. Buyers represent that this Agreement is a valid and binding obligation of Buyers.

 

		b.	Accuracy of Statements. Neither this Agreement nor any statement or other information furnished
by Buyers to Seller in connection with this Agreement or any of the transactions contemplated hereby contains or will contain an untrue
statement of a material fact or omits or will omit to state a material fact necessary to make the statements contained herein or therein,
not misleading.

 

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		8.	Covenants of Sellers. Sellers agree, unless Buyers otherwise agree in writing, that Sellers
shall obtain prior to Closing all necessary consents and approvals of all necessary persons to the performance by Sellers of the Issued
and outstanding common stock Purchase contemplated by this Agreement. Sellers shall make all filings applications, statements and reports
to all federal and state government agencies or entities which are required to be made prior to Closing by or on behalf of Sellers pursuant
to any statute, rule, or regulation in connection with the transactions contemplated by this Agreement.

 

		9.	Covenants of Buyer.  Buyers agree, unless Sellers otherwise agree in writing, that Buyers
shall obtain prior to Closing all necessary consents and approvals of all necessary persons to the performance by Buyers of the Issued
and outstanding common stock Purchase contemplated by this Agreement. Buyers shall make all filings applications, statements and reports
to all federal and state government agencies or entities which are required to be made prior to Closing by or on behalf of Buyers pursuant
to any statute, rule, or regulation in connection with the transactions contemplated by this Agreement.

 

		10.	Parties Negative Covenants. Each Seller hereby covenants and warrants to each other that,
from the date of this Agreement until Closing, they will not, without the prior written consent of the other party, cause the Company
to declare or pay any dividend; redeem or otherwise acquire any Issued and outstanding common stock of its capital Issued and outstanding
common stock now or hereafter outstanding; issue any new or additional Issued and outstanding common stock, or cancel, sell, transfer
or otherwise dispose of the Issued and outstanding common stock purchased hereunder except upon compliance with the provisions of Section
2 hereof. Each Seller further covenants that he will not cause the Company to create any additional obligations to employees that will
survive Closing, including, but not limited to, employee benefit plans, bonuses, and other compensation.

 

		11.	Conditions Precedent to Obligations of Sellers. The obligations of the Seller under this
Agreement are subject to the satisfaction of the following conditions on or before Closing unless waived in writing by Sellers;

 

		a.	Accuracy of Representations and Warranties. The representations and warranties of Buyers set forth
in Section 7 hereof shall be true and correct in all material respects as of the date of this Agreement and as of closing as though made
on and as of Closing, except as otherwise specified by this Agreement.

 

		b.	Performance of Obligations of Buyers. Buyers shall have in all material respects performed all
obligations and agreements and complied with all covenants and conditions contained in this Agreement to be performed and complied with
by them.

 

		12.	Conditions Precedent to Obligations of Buyer. The obligations of Buyers to perform under
this Agreement are subject to the satisfaction of the following conditions on or before Closing unless waived in writing by Buyers:

 

		a.	Accuracy of Representation and Warranties. The representations
and warranties of the Sellers set forth in Section
6 hereof shall be true and correct in all material respects as of the date of this Agreement and as of the closing date as though made
on and as of Closing, except as otherwise specified by this Agreement.

 

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		b.	Performance of Obligations of Sellers. Each Seller
shall have in all material respects performed all obligations
and agreements and complied with all covenants and conditions contained in this Agreement required to be performed and complied with by
them.

 

		c.	Reserved.

 

		13.	Survival of Representations and Warranties. Each party hereto covenants and agrees that
its representations and warranties contained in this Agreement, and in any document delivered or to be delivered pursuant to this Agreement
in connection with Closing hereunder, shall survive Closing.

 

		14.	Reserved.

 

		15.	Indemnification and Release.

 

In consideration of the Buyers’
execution and delivery of this Agreement and acquiring the Issued and outstanding Common Stock hereunder, and in addition to Seller’s
other obligations under this Agreement, the Sellers hereby agrees to defend and indemnify Buyers and their Affiliates and subsidiaries
and their respective directors, officers, employees, agents and representatives, and the successors and assigns of each of them (collectively,
the “Buyers Indemnified Parties”) and the Sellers do hereby agree to hold the Buyers Indemnified Parties forever harmless,
from and against any and all Claims made, brought or asserted against the Buyers Indemnified Parties, or any one of them, and the Seller,
each individually, hereby agree to pay or reimburse the Buyers Indemnified Parties for any and all Claims payable by any of the Buyers
Indemnified Parties to any Person, including reasonable attorneys’ and paralegals’ fees and expenses, court costs, settlement
amounts, costs of investigation and interest thereon from the time such amounts are due at the highest non-usurious rate of interest permitted
by applicable Law, through all negotiations, mediations, arbitrations, trial and appellate levels, as a result of, or arising out of,
or relating to: (i) any misrepresentation or breach of any representation or warranty made by the Seller in this Agreement or any other
certificate, instrument or document contemplated hereby or thereby; (ii) any breach of any covenant, agreement or Obligation of the Sellers
contained in this Agreement or any other certificate, instrument or document contemplated hereby or thereby; or (iii) any Claims brought
or made against the Buyers Indemnified Parties, or any one of them, by a third party and arising out of or resulting from the execution,
delivery, performance or enforcement of this Agreement or any other instrument, document or agreement executed pursuant hereto or thereto,
any transaction financed or to be financed in whole or in part, directly or indirectly, with the proceeds of the sale of the Shares, or
the status of the Buyers or holder of any of the Securities, as a buyer and holder of the Shares. To the extent that the foregoing undertaking
by the Sellers may be unenforceable for any reason, the Sellers shall make the maximum contribution to the payment and satisfaction of
each of the Claims covered hereby, which is permissible under applicable Law.

 

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		16.	Notices. All notices, requests, demands, and other communications which are required or
may be given under this Agreement shall be in writing, unless otherwise specified in this Agreement, and shall be deemed to have been
duly given if delivered personally or sent by certified mail, return receipt requested, postage prepaid, addressed as follows:

 

	 	  If to Buyer:	Elvictor Group, Inc.
	 	 	c/o
	 	 	Smith Eilers, PLLC
	 	 	149 S. Lexington Ave.
	 	 	Asheville, NC 28813

 

If to the Buyers: Per the address found
on the signature page or to such other addresses any party shall have specified by notice in writing to the other.

 

		17.	Applicable Law. The Parties acknowledge and agree that any controversy or claim or litigation
arising out of or relating to this Agreement shall be governed by and in accordance with the laws of the State of Nevada. In the event
of litigation in a court of law, the parties hereby agree to submit to the jurisdiction of the United States District Court for the Clark
County of Nevada applying Florida law.

 

		18.	Attorney’s Fees. In any action or proceeding
brought by any party against the other, the substantially prevailing party shall,
in addition to other allowable costs, by entitled to an award of reasonable attorney’s fees.

 

		19.	Headings. The section and other headings contained in this Agreement are for reference purposes
only and shall not affect the meaning and interpretation of this Agreement.

 

		20.	Counterparts. This Agreement may be executed in any number of counterparts, each of which
shall be deemed to be an original and all of which together shall be deemed to be one and the same instrument.

 

		21.	Severability. In the event any provision of this Agreement is held to be invalid,
illegal, or unenforceable for any reason and in any respect, such invalidity, illegality, or unenforceability shall in no event affect,
prejudice, or disturb the validity of the remainder of this Agreement, which shall be and remain in full force and effect, enforceable
in accordance with its terms.

 

		22.	Entire Agreement/Amendment. This Agreement
supersedes all previous Agreements between the Parties herein and constitutes the entire agreement of whatsoever kind or nature existing
between or among the parties respecting the within subject matter, and no party shall be entitled to benefits other than those specified
herein. As between or among the parties, no oral statements or prior written material not specifically incorporated herein shall be of
any force and effect. The parties specifically acknowledge that in entering into and executing this Agreement, the parties rely solely
upon the representations and agreements contained in this Agreement and no others. All prior representations or agreements, whether written
or verbal, not expressly incorporated herein are superseded, and no changes in or additions to this Agreement shall be recognized unless
and until made in writing and signed by all parties hereto. This Agreement shall supersede all previous Business Agreements relating
to the Company and shall completely terminate the Seller’s interest in and all business relationships with the Company and between
or among the parties signing this Agreement. This Agreement may be executed in any number of counterparts, including counterparts transmitted
by telecopier or FAX, any one of which shall constitute an original of this Agreement. When counterparts of facsimile copies have been
executed by all Parties, they shall have the same effect as if the signatures to each counterpart or copy were upon the same document
and copies of such documents shall be deemed valid as originals. The Parties agree that all such signatures may be transferred to a single
document upon the request of any Party.

 

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		23.	Vesting/recordation. The parties shall furnish
to each other, in form and substance reasonably satisfactory to Buyers, assignments or other instruments of transfer and consents and
waivers by others, necessary or appropriate to transfer to and effectively vest in Buyers all right, title and interest in and to the
Issued and outstanding Common Stock, specifically the Issued and outstanding Common Stock Certificates effectively executed by Seller
and the return to treasury by the Shareholder, in proper statutory form for recording if such recording is necessary or appropriate.

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement
as of the day and year first above written.

 

BUYER

 

	 	 	 	 
	Name: Konstantinos Galanakis	 	 	Date
	Title: CEO	 	 	 

 

 

SELLERS 

 

	 	 	 	 
	Name: Konstantinos Galanakis	 	 	Date
	Title: Personally	 	 	 
	Number of Shares Sold:	55	 	 
	Portion of Purchase Price	$1,375	 	 

 

	 	 	 	 
	Name: Stavros Galanakis	 	 	Date
	Title: Personally	 	 	 
	Number of Shares Sold:	45	 	 
	Portion of Purchase Price	$1,125	 	 

 

 

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