Document:

Exhibit 10.5

 

CONSULTANCY
AGREEMENT

 

Invasix Ltd., duly incorporated under
the laws of the State of Israel, located at Tavor Building, Sha’ar Yokneam, P.O. Box 533, Yokneam 20692, Israel (the “Company”);
and M.N. Business Strategy Ltd. Israeli incorporation number 512297508, of 2 Yatziz St., Tel-Aviv, Israel, via its sole
principal Mr. Moshe Mizrahy (respectively the "Consultant" and the "Principal").

 

(Each a "Party" and together
the "Parties")

 

		Whereas	the Principal is an investor and shareholder of the Company and has been providing the Company
with various management services and acting as the CEO of the Company since the incorporation of the Company and up until the Effective
Date (as defined below) for no consideration received;

 

		Whereas	the Principal is the sole principal and shareholder of the Consultant; and

 

		Whereas	as of the Effective Date (as defined below) the Parties wish to establish the terms and basis of
continuous engagement of the Principal as the CEO of the Company and the Group (as defined below), and to provide his management
services to the Company via the Consultant.

 

Now, therefore,
the parties have agreed as follows:

 

		1.	Consultancy Agreement

 

		1.1.	The preamble hereto and the appendices attached hereto form integral and binding parts of this
Agreement.

 

		1.2.	The term "Group" as used in this Agreement shall mean the Company and any of the
Company's present or future subsidiaries in which the Company is a shareholder, directly or indirectly, as currently exist and
as may exist in the future.

 

		1.3.	Effective as of July 1, 2017 (the “Effective Date”), the Company wishes to retain
the Consultant’s services described in the attached Appendix A (the “Services”) pursuant
to the terms set out herein, and the Consultant agrees to provide these Services. The scope of the Services will be as set forth
in Appendix A.

 

		1.4.	The Principal shall be entitled to enter into indemnification and exemption agreement with the
Company and to be included in the Company's D&O Insurance, once consummated by the Company.

 

		1.5.	The Consultant will provide the Services solely via the Principal and neither the Consultant nor
the Principal may employ/retain other persons for the performance of the Services, or assign or sub-contract the performance hereunder
to any third party, without the prior written consent of the Company. The Consultant agrees to cause the Principal to dedicate
his time (to the extent agreed upon), experience, talent, expertise and knowledge for the provision of the Services, and to perform
the Services in a loyal and dedicated manner and in accordance with the Company’s policies and instructions.

 

    	 	 	 

     

    

 

		1.6.	The Consultant hereby declares that neither it nor the Principal are under any restrictions regarding
the rendering of the Services to the Company and the execution of this Agreement.

 

		1.7.	The Consultant is an independent contractor. The Parties do not intend, and this Agreement and
the performance hereunder shall not be construed to give effect to employment, partnership, joint venture or agency relations between
the Parties and/or between the Company and the Principal. The Consultant and the Principal undertake not to present any claims
against the Company in that regard.

 

		1.8.	Should the Consultant, the Principal or any other party on their behalf present any claim against
the Company for compensation, based upon allegation of employee-employer relations or otherwise, the Consultant will indemnify
and hold the Company harmless for and against such claims, and the Company may offset any sum it may owe the Consultant against
the due indemnification sums. Furthermore, the Consultant agrees that if a claim is filed by the Principal or any other party on
its behalf against the Company based on alleged employee-employer relations, and a competent court of law accept such claims, then:
(i) the monthly gross salary due will be calculated as 60% of the Consulting Fee (as per Section 2.1 below), (ii) the Consultant
shall refund to the Company all sums previously paid by the Company in excess of such gross salary, and (iii) the Company shall
use the refund amounts towards satisfaction of employer's obligations arising from the aforesaid court-recognized employee-employer
relations.

 

		1.9.	All reasonable procedures, policies and directives of the Company (present and future) applicable
to subjects of work behavior, discipline etc., will have a binding effect on the Consultant and the Principal as if they were included
in this Agreement, provided however, that such policies have been brought to the Consultant's or Principal’s attention in
advance.

 

		1.10.	The Services performed hereunder are "work for hire", and the Consultant and the Principal
shall have no rights or title in such Services, or any part thereof or any of its products or results, and the Company shall own
all rights to such work in its name or otherwise, including copyrights, patents, trademarks and other rights.

 

		1.11.	The Consultant shall (and shall cause the Principal to) perform the Services according to all laws,
rules and regulations applicable to it.

 

		2.	Remuneration & Scope

 

		2.1.	In consideration of the provision of the Services by the Consultant via the Principal, and all
other obligations of the Consultant and Principal hereunder, the Company will pay to the Consultant a gross monthly consulting
fee in the amount set out in the attached Appendix A (the "Consulting Fee").

 

		2.2.	Expenses: in addition to the Consulting Fee, the Consultant shall be reimbursed for all
Service-related out of pocket expenditures incurred by it in connection with the performance of the Services, including travel
abroad and other business expenses, subject to prior written approval of the Company and in accordance with the Company’s
reasonable expense return policy.

 

    	 	-2-	 

     

    

 

		2.3.	At the end of each calendar month, the Consultant will submit an Invoice for the Consulting Fee
due for the applicable month. If applicable, VAT will be added at the rate applicable at the time of each payment. The Company
will pay the monthly Invoice within 10 business days after receipt thereof. Withholding taxes will be deducted according to applicable
laws to the extent applicable.

 

		2.4.	The Consultant shall bear, be responsible for, and shall indemnify and hold the Company harmless
from, all payments required to be made to the tax authorities, National Insurance Institute, health and life insurance and any
other obligatory payments related to the provision of the Services hereunder or to the remuneration provided in connection therewith.

 

		2.5.	The Parties confirm that the remuneration detailed in this Section 2 above is the full and exclusive
remuneration due to the Consultant for the Services hereunder, and constitute the total cost to the Company.

 

		3.	Secrecy, Non-Compete and other Intellectual Property Issues

 

		3.1.	The Consultant undertakes to (and shall cause the Principal to) execute, perform and abide by the
Secrecy, Non-Compete and Intellectual Property Undertakings as attached hereto as Appendix B.

 

		4.	Period of the Agreement 

 

		4.1.	This Agreement is made for an un-defined period, subject to the right of each party, at any time,
to terminate it by giving prior notice: (i) 90 days prior notice if termination is provided by either party at will; or (ii) immediately
- if termination is made for cause.

 

The term “cause”
in this agreement shall be defined as any of the following events or acts of the Consultant and/or Principal: (a) self-dealing,
embezzlement or misappropriation of the Company’s property or serious damage to the Company’s property which is intentionally
caused, (b) gross negligence or gross misconduct which represents also a breach of duty of loyalty as defined in the Companies
Law, (c) criminal behavior as determined by a court of law, except as for traffic violations.

 

		4.2.	The Company shall have the right to terminate the Agreement immediately without cause, provided
however that it pays to the Consultant the Consulting Fee due for the entire notice period, on the termination date.

 

		4.3.	Except as provided by law, termination of this Agreement is without liability of the Company for
any claims or payments beyond those earned or accrued in the course of the engagement hereunder; and the Consultant hereby waives
any and all such claims towards the Company, its affiliates and any other third party.

 

		4.4.	The termination of this Agreement will not entitle either party to any compensation.

 

		4.5.	The provisions of Sections 1.7, 1.8, 1.10, 2.4, 4.3, 4.4 and 5.1 through 5.5 of this Agreement
shall remain valid and binding regardless the termination of this Agreement, and will survive such termination.

 

    	 	-3-	 

     

    

 

		5.	General Provisions

 

		5.1.	This Agreement forms the complete and exclusive agreement between the Parties as to its subject
matter; and they cancel any prior verbal or written agreement related thereto. Any change to this Agreement requires a duly signed
document.

 

		5.2.	The failure or delay of either Party to require the performance of any term under this Agreement,
or the waiver by either Party of any breach under this Agreement, shall not prevent subsequent enforcement of such terms, nor be
deemed a waiver of any subsequent or prolonged breach.

 

		5.3.	Any notice sent by one Party to the other by registered mail will be deemed to have been received
on the 7th business day after the day of mailing. Fax and electronic messages will be deemed to have been received on
the first business day following the day of transmission.

 

		5.4.	This Agreement may be executed in counterparts, each of which shall be deemed an original, and
all of which taken together shall constitute one and the same instrument, with the same effect as if the signatures thereto were
upon the same instrument. The exchange of signature pages (in counterparts or otherwise) by electronic transmission in electronic
files or by facsimile copies shall have the same legal effect as the exchange of signed originals and shall be sufficient to bind
the Parties to the terms and conditions of this Agreement.

 

		5.5.	The exclusive law of this Agreement is the law of Israel, as it applies to agreements made and
to be performed in Israel, without regard to “choice of law” provisions. The courts of Israel (in the city of Haifa)
will have exclusive jurisdiction over all claims arising out of or relating to this Agreement, and each Party hereby consents and
submits to such exclusive jurisdiction. However, in matters involving a breach or infringement of intellectual property rights,
the Company shall be entitled to bring action against the Consultant in any other competent court. Judgements, verdicts and decrees
of any of the aforesaid courts shall be enforceable against either Party in any country.

 

In
Witness Hereof, the parties execute this Agreement on         1/7       
 , 2017 effective as of the Effective Date 

 

	/s/ Moshe Mizrahy	 	/s/ Moshe Mizrahy
	Invasix Ltd.	 	M.N. Business Strategy Ltd.
	The Company	 	The Consultant

 

Confirmation:

 

I, the undersigned, being the above referenced
Principal pursuant to the above Agreement, hereby confirm and undertake towards the Company with respect to all of the undertakings
and representations of the Consultant and the Principal as detailed above.

 

	/s/ Moshe Mizrahy	 
	Mr. Moshe Mizrahy	 
	Date of signature as of the Effective Date	 

 

    	 	-4-	 

     

    

APPENDIX
A

 

		1.	The Services

 

		1.1.	Pursuant to Section 1.3 to the Agreement, the Services provided by the Consultant via the Principal
shall be the Chief Executive Officer of the Group (as defined in the Agreement) or another such executive position as may be determined
by the Board of Directors of the Company.
	 	 	 

		1.2.	The Principal shall report to the Board of Directors.

 

		2.	The Scope of the Services

 

		2.1.	The Parties confirm that the Consultant’s Services to the Company will be in a scope required
for the performance of the Services which may be less than of a full time position, requiring work at long and irregular hours
including extensive travel abroad.

 

		3.	Consulting Fee

 

		3.1.	As per Section 2.1 to the Agreement, the Consultant shall be entitled to a gross monthly Consulting
Fee equal to US $10,000 plus VAT, if applicable.

 

    	 	-5-	 

     

    

 

APPENDIX
B

SECRECY;
INTELLECTUAL PROPERTY AND NON-COMPETE UNDERTAKINGS

 

In consideration of the disclosure by the Company
to the Consultant and Principal of information relating to the Services and the remuneration as set out in the Agreement, the Consultant
and the Principal agree as follows:

 

		1.	In this Appendix B, the term “Group” shall mean the Company and any of the Company’s
present or future subsidiaries in which the Company is a shareholder, directly or indirectly, and the Company’s affiliates,
as currently exist and as may exist in the future.

 

		2.	The term “Proprietary Information” means any and all confidential and/or proprietary
knowledge, data or information of the Group or of any third party which is disclosed to Consultant and/or Principal or which it/he
otherwise obtains or generates as a result of the Services (including the implications, results and applications of the Services
and any knowhow, intellectual property and other rights relating to the results of the Services), including without limitation
technical, business, marketing, financial, administrative, management and commercial information related to the Group, its products,
current or prospective, knowhow, technology, trade secrets, software, copyright, process, commercial relations, actual and potential
clients and suppliers, business or other plans, and any other information of a proprietary or confidential nature. Without derogating
from the generality of the above said, information which by nature is deemed to be proprietary and non-public information and any
information discussed and presented at any meeting of the Group in which the Principal attended shall also be recognized as Proprietary
Information.

 

		3.	The term “Proprietary Information” does not include information (i) which is, at the
date of signature hereof or thereafter, enters the public domain, through no act or omission by the Consultant and/or Principal,
(ii) information which was known to Consultant and/or Principal prior to its disclosure (in the case of information disclosed by
Group) or prior to its generation (in the case of Proprietary Information generated by Consultant and/or Principal), as evidenced
by its/his written records at the time of disclosure or generation (as applicable), (iii) which reflects information generally
known in the industries or trades in which the Company operates, (iv) received by Consultant and/or Principal at any time from
other sources that were legally entitled to receive and transfer such information without any obligation of confidentiality to
the Group.

 

		4.	Proprietary Information and any part thereof are recognized by Consultant and Principal as being
confidential and the exclusive and sole property of the Group.

 

		5.	The Consultant and the Principal undertake to maintain the confidentiality of the Proprietary Information,
not to disclose or make available to any third party any of the Proprietary Information nor to make any use or enable others to
make any use thereof other than for purposes of the Services, without the express prior written approval of the Company.

 

    	 	-6-	 

     

    

 

If required by
law or pursuant to discovery requirements of a stock exchange or pursuant to securities laws and regulations, if applicable to
the Company, Consultant and/or Principal may disclose Proprietary Information to a governmental authority and/or stock exchange
or by order of a court of competent jurisdiction, provided that: (a) unless restricted by such authority, Consultant and/or Principal,
as applicable, shall immediately notify Company and take reasonable steps to assist Company in contesting such request, requirement
or order or otherwise protecting Company’s rights; and (b) Consultant and/or Principal, as applicable, shall limit the scope
of such disclosure only to such portion of the Proprietary Information that it/he is legally required to disclose.

 

The confidentiality
and non-use obligations contained herein will remain valid and binding regardless of the termination of the Agreement and shall
survive for a period of seven (7) years from the date of termination of this Agreement, and with respect to technological and technical
information of the Group including trade secrets, the post termination period of compliance shall remain until said information
comes into the public domain through no fault of the Consultant and/or Principal.

 

		6.	The term “Proprietary Rights” shall mean all inventions, discoveries, ideas,
know-how, works of authorship and confidential information, including copyrights, patents and patent applications, trade secrets,
trademarks, service marks, design marks, any registrations or applications relating to any of the foregoing, which are in the in
the field of medical aesthetic products for the medical/professional markets and explicitly excluding any business Home Skinovations
Ltd. does, directly or indirectly with respect to medical/aesthetic products for home-use and the non-professional markets (the
foregoing shall be referred to as the "Field").

 

Inventions, if any, patented or
unpatented, made by Consultant and/or Principal prior to his first date of engagement with the Company are excluded from the scope
of this Agreement.

 

Consultant and Principal hereby
assign and agree to assign in the future (when any such inventions in the Field or Proprietary Rights are first reduced to practice
or first fixed in a tangible medium, as applicable) to the Group all their right, title and interest in and to any and all Proprietary
Rights whether or not patentable or registrable under copyright or similar statutes, made or conceived or reduced to practice or
generated by Consultant and/or Principal, either alone or jointly with others, in the performance of the Services for the Company
during the period of the Agreement. Inventions in the Field assigned to the Company, or to a third party as directed by the Company
pursuant to this Section 6, are hereinafter referred to as “Company Inventions.”

 

Consultant and Principal hereby
irrevocably waive any right to any additional compensation to which it/he may be entitled with respect to any such assigned Company
Inventions pursuant to any applicable law, in any jurisdiction, including (but not limited to) pursuant to the Israeli Patents
Law-1967, or any provision that may supersede it.

 

The Consultant and the Principal
acknowledge that all original works of authorship which are made by Consultant and/or Principal (solely or jointly with others)
in the performance of the Services for the Company and which are protectable by copyright are “works made for hire”
and are the property of the Company pursuant to applicable copyright law. Any assignment of copyright hereunder (and any ownership
of a copyright as a work made for hire) includes all rights of paternity, integrity, disclosure and withdrawal and any other rights
that may be known as or referred to as “moral rights” (collectively “Moral Rights”). To the extent
such Moral Rights cannot be assigned under applicable law and to the extent the following is allowed by the laws in the various
countries where Moral Rights exist, the Consultant and the Principal hereby waive such Moral Rights and consent to any action of
the Group that would violate such Moral Rights in the absence of such consent including the right to prevent changes in such works
and/or to be named in its/his name.

 

    	 	-7-	 

     

    

 

Consultant and Principal will assist
the Group in every proper way to obtain, and from time to time enforce, any patent rights relating to Company Inventions in any
and all countries, at Company’s expense. To that end Consultant and Principal will execute, verify and deliver such documents
and perform such other acts (including appearances as a witness) as the Company may reasonably request for use in applying for,
obtaining, perfecting, evidencing, sustaining and enforcing such patent rights and the assignment thereof. In addition, Consultant
and Principal will execute, verify and deliver such assignments of such patent rights to the Company or its designee as the Company
may reasonably request. The Company shall compensate Consultant and/or Principal, as applicable, at a reasonable rate for the time
actually spent by Consultant and/or Principal at the Company’s request on such assistance. Consultant's and Principal's obligation
to assist the Group with respect to patent rights relating to such Company Inventions in any and all countries shall continue beyond
the termination of this Agreement.

 

The Consultant and the Principal
hereby agree that it/he shall not be entitled to any additional compensation for the assignments described in this Section 6 above
and beyond the consideration set forth in the Agreement. The Consultant and the Principal acknowledge and agree that it/he will
not be entitled to additional royalties, consideration or other payments with regard to any of the Proprietary Rights assigned
to Company as set forth above, and do hereby explicitly, irrevocably and unconditionally waive the right to receive any such additional
royalties, consideration or other payments.

 

		7.	Neither the Consultant nor the Principal shall use any third party's intellectual property, materials,
documents, other resources or confidential information in the performance of the Services.

 

		8.	The Company hereby irrevocably waives any claim against the Consultant and/or Principal concerning
conflict of interests between Consultant's and/or Principal's other business interests and activities and their position as consultant
to the Company. Nevertheless, the Parties confirm that Consultant and Principal are active in various other entities in the cosmetic,
dermatologic and medical fields and they may continue to be involved therewith, provided that, during the period of this Agreement,
they do not hold an executive position in an entity directly competing with the Group's business in the professional medical aesthetic
market, without receiving the prior written consent of the Company's Board of Directors

 

The Consultant
and/or the Principal, as applicable, shall report to the Company’s Chairman of the Board during the period of the Agreement
of their intention to provide services which creates conflict of interest between Consultant's and/or Principal's other business
interests and their position as a consultant to the Company. Within ten (10) business days from such notification, the Company
shall inform the Consultant and/or Principal, as applicable, whether it agrees or objects to such new engagement by Consultant
and/or Principal. In the event that the Company notifies the Consultant and/or Principal that it objects such new engagement, either
Party may terminate the Agreement for convenience by giving the other Party a 90 days prior written notice.

 

    	 	-8-	 

     

    

 

		9.	Without prejudice to the generality of the foregoing, each of the Consultant and the Principal
agrees that during the period of this Agreement and for an additional period of 6 months following termination, the Consultant
and the Principal will not, directly or indirectly, for their own account or for the account of others, including without limitation
as a stockholder (other than as the holder of not more than 5% of the total outstanding stock of a publicly held company), director,
officer, employee/employer, investor, partner, consultant, sole proprietor or independent contractor, do or participate or assist
or allow to do any of the following:

 

		(a)	Directly compete or assist others to compete with the business of the Company in the Field;

 

		(b)	Request or advise any past, present or future business associate of the Company to decrease or
cancel their business with the Company;

 

		(c)	Cause any employee or consultant of the Company to terminate his relations with the Company or
to work for the Consultant and/or Principal or for any party associated with them.

 

The term “business
of the Company in the Field” in this Section 9 shall mean developing, producing, marketing or selling products or services
of the kind or type developed or currently contemplated to be developed, produced, marketed or sold or contemplated to be developed,
produced, marketed or sold, by the Group in the Field.

 

The Parties confirm
that during the provision of the Services hereunder, the Consultant and the Principal will be exposed to confidential Proprietary
Information of the Company; and that any activity as forbidden under subsections (a), (b) and (c) above is bound to breach the
right of the Company to the exclusive use of such Proprietary Information; and therefore the Parties agree that the above post-termination
period is intended to ensure such rights of the Company.

 

		10.	Upon termination of the Agreement, the Consultant and the Principal shall immediately return to
the Company or delete from their network all materials of any kind (whether in written or electronic form, computer files or otherwise)
concerning the Proprietary Information, including all copies thereof, and they shall not retain any copies of such materials and
shall erase such from all of their files and records in any format.

 

		11.	The provisions of this Appendix B shall apply to the Parties, effective as of their first date
of engagement on January 9, 2008.

 

And in Witness
hereof the Parties sign this Appendix B on         1/7           ,
2017

 

	 	 	 	 
	Invasix Ltd.	 	M.N. Business Strategy Ltd.
	 	 	 	 
	By:	/s/ Moshe Mizrahy	 	By: Mr. Moshe Mizrahy
	 	 	 	 
	 	 	 
	Mr. Moshe Mizrahy	 	 
	 	 	 

    	 	-9-Exhibit 10.6

 

Employment Agreement

 

This Employment Agreement (the “Agreement”)
is entered into by and between:

 

Invasix Corp., a company incorporated
under the laws of Canada, whose head office address is: 30 East Beaver Creek Road, Unit 115, Richmond Hill Ontario, Toronto Canada
(the “Company”);

 

And

 

Dr. Michael Kreindel, Canadian Passport
Number 918328121, of 20 Sorrento Dr., Richmond Hill, Canada L4C 0J8 (the “Employee”).

 

(Each a "Party" and together
the "Parties")

 

		Whereas	the Employee is an investor and shareholder of the Company's parent company Invasix Ltd. (the “Parent”)
and has been providing the Group (as defined below) with various management services and acting as the CTO of the Group since the
incorporation of the Parent in January 2008 and up until the Effective Date (as defined below) for no consideration received; and

 

		Whereas	as of the Effective Date the Parties wish to establish the terms and basis of continuous engagement
of the Employee as the CTO of the Company and the Group, and to retain the Employee as an employee of the Company.

 

Now, therefore,
in consideration of the employment of the Employee by the Company and the mutual covenants and promises contained in this Employment
Agreement (the “Agreement”), the Company and the Employee agree as follows:

 

		1.	Employment. Effective as of July 1, 2017 (the “Effective Date”),
the Company employs the Employee in the capacity of the Chief Technology Officer of the Group, and the Employee accepts such employment
under and subject to the terms and conditions of this Agreement. In this Agreement, the term "Group" shall include
the Company, its Parent and any of its present or future subsidiaries and affiliated entities in which the Parent is a shareholder,
directly or indirectly, as currently exist and as may exist in the future. Certain provisions of this Agreement will apply to the
relations between the Employee and the Group. Nothing in this Agreement will create the relationship of employer and employee between
the Employee and any member of the Group except the Company.

 

Scope of employment:
Full time position.

 

		2.	Duties. The place of work of the Employee shall be Toronto, Canada. The Employee
shall perform his duties as the CTO of the Group and such additional duties consistent with his position as may from time to time
be assigned by the Group. The Employee shall report to Mr. Moshe Mizrahy, CEO of the Group and the Parent's Board of Directors.

 

During the Employee's
employment with the Company, except for illness, permitted vacation periods and permitted leaves of absence, the Employee will
devote his full business time and best efforts to the faithful performance of such duties and to the promotion and advancement
of the business and affairs of the Group.

 

The Employee
is not authorized to obligate and/or bind the Company and/or any entity of the Group except in the ordinary course of business
to the extent customary for an employee in his position and subject to the policies and directives of the Company and the Group.

 

    	 	 	 

     

    

 

All reasonable
policies, procedures and directives of the Company and/or the Group (present and future) applicable to subjects of work behavior,
discipline, privacy, confidentiality, will be considered integral parts of this Agreement. The Employee will on request from time
to time sign acknowledgments and agreements to be bound by certain policies applicable to the Group, including without limitation
insider trading and reporting requirements, questionable practices, intellectual property and information technology requirements.

 

		3.	Indemnification, Exemption and D&O Insurance. The Employee shall be entitled
to enter into indemnification and exemption agreement with the Group and to be included in the Group's D&O Insurance, once
approved and consummated by the Group.

 

		4.	COMPENSATION

 

		(a)	Base Salary. In consideration of the services to be rendered by the Employee under
this Agreement, the Company will pay the Employee a gross annual salary in the amount of US $120,000 per annum, to be paid
by the Company in Canadian Dollars in equal monthly installments in arrears based on the CAD/USD representatives exchange rate
applicable on the Effective Date (the “Base Salary”). The Employee acknowledges that his position may require
extensive travel, overtime work and work at irregular places and hours, and agrees that the Base Salary includes the proper and
agreed compensation for all these factors.

 

		(b)	Payments. The Base Salary shall be paid monthly in arrears or at such other frequency
as the Company may establish as its normal payroll practice. All benefits due to the Employee as set forth in this Agreement or
by law shall be provided on the Base Salary. Taxes, social security payments, social benefits and other obligatory payments which
are to be borne by the Employee according to applicable laws and regulations - will be deducted from the Base Salary.

 

		(c)	Benefits. In addition to the Base Salary, the Employee shall, during the Term, be
entitled to participate in the Company's Medical, Dental, life and disability insurance plans, as customary in the Company for
employees at the same rank as the Employee and subject to the terms and conditions of such plans.

 

		(d)	Vacation. The Employee shall be entitled to 15 annual paid vacation days.
vacation entitlement shall be calculated and vacations shall be taken in accordance with the Company's vacation policy as in effect
from time to time.

 

		(e)	Expenses. The Company shall reimburse the Employee for all reasonable expenses actually
incurred by the Employee in connection with the business affairs of the Company and the Group and the performance of his duties.
The Employee shall comply with such reasonable policies, limitations and reporting requirements with respect to such expenses as
the Company may establish from time to time.

 

		5.	Secrecy, Non-Compete and Other Intellectual Property Issues

 

The Employee
undertakes to execute, perform and abide by the Secrecy, Non-Compete and Intellectual Property Undertakings as attached hereto
as Exhibit A.

 

		6.	PERIOD OF EMPLOYMENT

 

		(a)	Term. Subject to termination provisions set out in this Section 4, the Employee will
be employed for a term commencing on the Effective Date and continuing until is terminated by either Party (the “Term”).

 

    	 	 	 

     

    

 

		(b)	At Will Employment. Employee further understands that this Agreement is not for a
set term and that no particular length of employment has been expressed or implied, and that no circumstances arising out of Employee's
employment will alter his "at will" employment relationship unless expressed in writing signed by the Employee and the
Company. Employee's employment with the Company is "at will" and can be terminated at any time, at the option of either
the Company or the Employee, by providing a 90 days prior notice if termination is provided by either Party at will, or immediately
– if termination is made for cause.

 

The term “cause”
in this Agreement shall be defined as any of the following events or acts of the Employee: (a) self-dealing, embezzlement or misappropriation
of the Company’s and or the Group's property or serious damage to the Company’s and/or the Group's property which is
intentionally caused, (b) gross negligence or gross misconduct which represents also a breach of duty of loyalty as defined in
the Israeli Companies Law, (c) criminal behavior as determined by a court of law, except as for traffic violations.

 

The Company shall have the right
to terminate this Agreement immediately without cause, provided however that it pays to the Employee the entire amount due to the
Employee for the entire notice period due on the termination date.

 

		(c)	Termination Payments and Benefits. Upon termination of this Agreement all payments,
salary and other banafits hereunder shall cease at the effective date of termination. The Employee shall be entitled to receive
all payments and benefits accrued hereunder, and reimbursement of all expenses incureed, through the effective date of termination.
Except as provided by law, termination of this Agreement is without liability of the Company for any claims or payments beyond
those earned or accrued in the course of the employment hereunder; and the Employee hereby waives any and all such claims towards
the Company and any other entity in the Group.

 

		7.	No Conflicting Obligations. The Employee represents and warrants to the Company that
the execution and delivery of this Agreement and the fulfillment of its terms (a) will not constitute a default under or breach
of any agreement or other instrument to which he is a party or by which he is bound, including, without limitation, any confidentiality
or non-competition agreement, (b) do not require the consent of any person or entity, and (c) the Employee shall not utilize, during
the Term of his employment, any proprietary information of any third party, including, without limitation, former employers of
the Employee.

 

		8.	Severable Provisions. The provisions of this Agreement are severable and the invalidity
of any one or more provisions shall not affect the validity of any other provision.

 

		9.	No Waiver or Default. No failure by any of the Parties to insist on strict performance
of any covenant, agreement, term or condition (the "Provision") of this Agreement, or to exercise any right or
remedy consequent on the breach of any Provision, and no acceptance of partial payment during the continuance of any such breach,
shall constitute a waiver of any such breach or of such Provision. No waiver of any breach shall affect or alter this Agreement,
but each and every provision of this Agreement shall continue in full force and effect with respect to any other existing or subsequent
breach of such provision.

 

		10.	Notices. All notices under this Agreement, to be effective, shall be in writing and
shall be delivered by hand, by mail, by certified mail, postage and fees prepaid, or by facsimile or e-mail to the Company and
to the Employee at the addresses set out above in this Agreement, or to such other address as a Party may notify the other party
from time to time.

 

		11.	MISCELLANEOUS

 

		(a)	Modifications. This Agreement, including the attached Exhibits, constitute the entire
agreement between the Parties with regard to the subject matter hereof, superseding any and all prior understandings and agreements,
whether written or oral. This Agreement may not be amended or revised except by a written document signed by the Parties.

 

    	 	 	 

     

    

 

		(b)	Captions. Captions herein have been inserted solely for convenience of reference
and in no way define, limit or describe the scope or substance of any provision of this Agreement.

 

		(c)	Independent Advice. The Employee acknowledges and agrees that: (i) the Employee has
not relied upon the advice of the Company or any of its officers, directors, employees or agents, nor has he relied on te advice
of the Company's solicitors or agents in connection with this Agreement, and (ii) the Employee has been advised and has had the
opportunity to seek independent legal, tax, and financial advice in connection with this Agreement.

 

		(d)	Governing Law. This Agreement is deemed to be made in the Province of Ontario and
for purposes of all legal proceedings shall be deemed to have been performed in the Province of Ontario. This Agreement, and the
rights and remedies provided hereunder, and all claims, disputes and controversies arising hereunder or related thereto, shall
be governed by and construed under and enforced in accordance with the laws of the Province of Ontario, without reference to choice
of law or conflicts of law principles. The Employee consents to the jurisdiction of any court located within the Province of Ontario,
and further waives any objection to jurisdiction and venue of any action instituted hereunder, and further agrees not to assert
any defense based on lack of jurisdiction or venue, including forum non convenience. Personal service of any summons, complaint
or other process may be made by any means permitted by law. Any action brought to enforce or relating to this Agreement shall,
subject to the next sentence, be brought exclusively in the courts in the Province of Ontario. Nothing in this Section will prevent
the Company from suing the Employee in any other jurisdiction in which the Employee may reside or be physically present at the
time of commencement of such litigation.

 

		(e)	Counterparts. This Agreement may be executed by the Parties in separate counterparts,
each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

And in Witness, the Parties sign and execute
this Agreement, on this    1     day of      7     
 2017 effective as of the Effective Date

 

	/s/ Moshe Mizrahy	 	/s/ Michael Kreindel
	Invasix Corp.	 	Dr. Michael Kreindel
	 	 	 	 
	By:	Moshe Mizrahy	 	 

 

    	 	 	 

     

    

 

APPENDIX
A

SECRECY;
INTELLECTUAL PROPERTY AND NON-COMPETE UNDERTAKINGS

 

In consideration of the disclosure by the Company
to the Employee of information relating to his services to the Group and the compensation as set out in the Agreement, the Employee
agrees as follows:

 

		1.	In this Appendix A, the term “Group” shall include the Company, its Parent and
any of its present or future subsidiaries and affiliated entities in which the Parent is a shareholder, directly or indirectly,
as currently exist and as may exist in the future.

 

		2.	The term “Proprietary Information” means any and all confidential and/or proprietary
knowledge, data or information of the Group or of any third party which is disclosed to Employee or which he otherwise obtains
or generates as a result of his engagement (including the implications, results and applications of his services and any knowhow,
intellectual property and other rights relating to the results of the services), including without limitation technical, business,
marketing, financial, administrative, management and commercial information related to the Group, its products, current or prospective,
knowhow, technology, trade secrets, software, copyright, process, commercial relations, actual and potential clients and suppliers,
business or other plans, and any other information of a proprietary or confidential nature. Without derogating from the generality
of the above said, information which by nature is deemed to be proprietary and non-public information and any information discussed
and presented at any meeting of the Group in which the Employee attended shall also be recognized as Proprietary Information.

 

		3.	The term “Proprietary Information” does not include information (i) which is, at the
date of signature hereof or thereafter, enters the public domain, through no act or omission by the Employee, (ii) information
which was known to Employee prior to its disclosure (in the case of information disclosed by Group) or prior to its generation
(in the case of Proprietary Information generated by Employee), as evidenced by his written records at the time of disclosure or
generation (as applicable), (iii) which reflects information generally known in the industries or trades in which the Company operates,
(iv) received by the Employee at any time from other sources that were legally entitled to receive and transfer such information
without any obligation of confidentiality to the Group.

 

		4.	Proprietary Information and any part thereof are recognized by the Employee as being confidential
and the exclusive and sole property of the Group.

 

		5.	The Employee undertakes to maintain the confidentiality of the Proprietary Information, not to
disclose or make available to any third party any of the Proprietary Information nor to make any use or enable others to make any
use thereof other than for purposes of performing his duties as required for his position in the Company, without the express prior
written approval of the Company.

 

If required by
law or pursuant to discovery requirements of a stock exchange or pursuant to securities laws and regulations, if applicable to
the Company, the Employee may disclose Proprietary Information to a governmental authority and/or stock exchange or by order of
a court of competent jurisdiction, provided that: (a) unless restricted by such authority, the Employee shall immediately notify
Company and take reasonable steps to assist Company in contesting such request, requirement or order or otherwise protecting Company’s
rights; and (b) the Employee shall limit the scope of such disclosure only to such portion of the Proprietary Information that
he is legally required to disclose.

 

The confidentiality
and non-use obligations contained herein will remain valid and binding regardless of the termination of the Agreement and shall
survive for a period of seven (7) years from the date of termination of this Agreement, and with respect to technological and technical
information of the Group including trade secrets, the post termination period of compliance shall remain until said information
comes into the public domain through no fault of the Employee.

 

    	 	 	 

     

    

 

		6.	The term “Proprietary Rights” shall
mean all inventions, discoveries, ideas, know-how, works of authorship and confidential information, including copyrights, patents
and patent applications, trade secrets, trademarks, service marks, design marks, any registrations or applications relating to
any of the foregoing, which are in the field of medical aesthetic products for the medical/professional markets (the foregoing
shall be referred to as the "Field").

 

Inventions, if any, patented or
unpatented, made by the Employee prior to his first date of engagement with the Company are excluded from the scope of this Agreement.

 

The Employee hereby assigns and
agrees to assign in the future (when any such inventions in the Field or Proprietary Rights are first reduced to practice or first
fixed in a tangible medium, as applicable) to the Group all his right, title and interest in and to any and all Proprietary Rights
whether or not patentable or registrable under copyright or similar statutes, made or conceived or reduced to practice or generated
by the Employee, either alone or jointly with others, in the performance of his services for the Company during the period of the
Agreement. Inventions in the Field assigned to the Company, or to a third party as directed by the Company pursuant to this Section
6, are hereinafter referred to as “Company Inventions.”

 

The Employee hereby irrevocably
waives any right to any additional compensation to which he may be entitled with respect to any such assigned Company Inventions
pursuant to any applicable law, in any jurisdiction, including (but not limited to) pursuant to the Israeli Patents Law-1967, or
any provision that may supersede it.

 

The Employee acknowledges that
all original works of authorship which are made by Employee (solely or jointly with others) in the performance of his services
for the Company and which are protectable by copyright are “works made for hire” and are the property of the Company
pursuant to applicable copyright law. Any assignment of copyright hereunder (and any ownership of a copyright as a work made for
hire) includes all rights of paternity, integrity, disclosure and withdrawal and any other rights that may be known as or referred
to as “moral rights” (collectively “Moral Rights”). To the extent such Moral Rights cannot be assigned
under applicable law and to the extent the following is allowed by the laws in the various countries where Moral Rights exist,
the Employee hereby waives such Moral Rights and consent to any action of the Group that would violate such Moral Rights in the
absence of such consent including the right to prevent changes in such works and/or to be named in his name.

 

The Employee will assist the Group
in every proper way to obtain, and from time to time enforce, any patent rights relating to Company Inventions in any and all countries,
at Company’s expense. To that end the Employee will execute, verify and deliver such documents and perform such other acts
(including appearances as a witness) as the Company may reasonably request for use in applying for, obtaining, perfecting, evidencing,
sustaining and enforcing such patent rights and the assignment thereof. In addition, the Employee will execute, verify and deliver
such assignments of such patent rights to the Company or its designee as the Company may reasonably request. The Company shall
compensate the Employee at a reasonable rate for the time actually spent by Employee at the Company’s request on such assistance.
The Employees' obligation to assist the Group with respect to patent rights relating to such Company Inventions in any and all
countries shall continue beyond the termination of this Agreement.

 

The Employee hereby agrees that
he shall not be entitled to any additional compensation for the assignments described in this Section 6 above and beyond the compensation
set forth in the Agreement. The Employee acknowledges and agrees that he will not be entitled to additional royalties, consideration
or other payments with regard to any of the Proprietary Rights assigned to Company as set forth above, and do hereby explicitly,
irrevocably and unconditionally waives the right to receive any such additional royalties, consideration or other payments.

 

		7.	The Employee shall not use any third party's intellectual property, materials, documents, other
resources or confidential information in the performance of his services.

 

    	 	 	 

     

    

 

		8.	The Company hereby irrevocably waives any claim against the Employee concerning conflict of interests
between Employee's other business interests and activities and his position as an employee of the Company. Nevertheless, the Parties
confirm that the Employee is active in various other entities in the cosmetic, dermatologic and medical fields and he may continue
to be involved therewith, provided that, during the period of this Agreement, he does not hold an executive position in an entity
directly competing with the Group's business in the professional medical aesthetic market, without receiving the prior written
consent of the Company's Board of Directors.

 

The Employee
shall report to the Company’s Chairman of the Board during the period of the Agreement of his intention to provide services
which creates conflict of interest between Employee's other business interests and his position as an employee of the Company.
Within ten (10) business days from such notification, the Company shall inform the Employee whether it agrees or objects to such
new engagement by the Employee. In the event that the Company notifies the Employee that it objects such new engagement, either
Party may terminate the Agreement for convenience by providing the other Party with a 90 days prior written notice.

 

		9.	Without prejudice to the generality of the foregoing, the Employee agrees that during the period
of this Agreement and for an additional period of 6 months following termination, the Employee will not, directly or indirectly,
for his own account or for the account of others, including without limitation as a stockholder (other than as the holder of not
more than 5% of the total outstanding stock of a publicly held company), director, officer, employee/employer, investor, partner,
consultant, sole proprietor or independent contractor, do or participate or assist or allow to do any of the following:

 

		(a)	Directly compete or assist others to compete with the business of the Company in the Field;

 

		(b)	Request or advise any past, present or future business associate of the Company to decrease or
cancel their business with the Company;

		(c)	Cause any employee or consultant of the Company to terminate his relations with the Company or
to work for the Employee or for any party associated with him.

 

The term “business
of the Company in the Field” in this Section 9 shall mean developing, producing, marketing or selling products or services
of the kind or type developed or currently contemplated to be developed, produced, marketed or sold or contemplated to be developed,
produced, marketed or sold, by the Group in the Field.

 

The Parties confirm
that during the Employee's employment hereunder, the Employee will be exposed to confidential Proprietary Information of the Company;
and that any activity as forbidden under subsections (a), (b) and (c) above is bound to breach the right of the Company to the
exclusive use of such Proprietary Information; and therefore the Parties agree that the above post-termination period is intended
to ensure such rights of the Company.

 

		10.	Upon termination of the Agreement, the Employee shall immediately return to the Company or delete
from his network all materials of any kind (whether in written or electronic form, computer files or otherwise) concerning the
Proprietary Information, including all copies thereof, and they shall not retain any copies of such materials and shall erase such
from all of his files and records in any format.

 

		11.	The provisions of this Appendix A shall apply to the Parties, effective as of their first date
of engagement on January 9, 2008.

 

And in Witness
hereof the Parties sign this Appendix A on         1/7     , 2017

 

	/s/ Moshe Mizrahy	 	/s/ Michael Kreindel
	Invasix Corp.	 	Mr. Michael Kreindel
	 	 	 	 
	By:	Moshe Mizrahy

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