Document:

Exhibit 10.41

 

 

October 14, 2016

 

Re: Bill
Wise 

 

Dear Bill:

 

On behalf of the Board of
Directors (the “Board”) of NYIAX, Inc. (the “Company”), we are pleased to inform you that our
Nominating and Governance Committee of the Board has nominated you for election as a member of our Board.

 

As you are aware,
the Company is a Delaware corporation and therefore your rights and duties as a Board member of the Company are prescribed by Delaware
law, our charter documents and by the policies established by our Board from time to time.

 

From time to time, our Board may
establish certain committees to which it may delegate certain duties. In addition to committee meetings, which shall be convened as needed,
our Board meetings are generally held quarterly at the Company’s offices in New York City, New York. We would hope that your schedule
would permit you to attend all of the meetings of the Board and any committees of which you are a member. In addition, from time to time,
there may be telephonic meetings to address special matters.

 

It is expected that during the term
of your Board membership with the Company you will not engage in any other employment, occupation, consulting or other business activity
that competes directly with the business in which the Company is now involved in or becomes involved in during the term of your service
to the Company, nor will you engage in any other activities that conflict with your obligations to the Company.

 

If you decide to join the Board,
it will be recommended at the time of your election as a member of the Board that the Company shall award you Nonstatutory Stock Options
(“Options”) under our NYIAX, Inc. 2016, Equity Incentive Plan (the “Plan”) in the amount of one hundred forty-two
thousand four hundred and forty-three (142,443) Options having a value equal to $470,061.90 (“US Dollars”) The vesting period
for the Options will bet over a two-year period from the Effective Date in accordance with the Plan.

 

You shall be entitled to reimbursement
for reasonable expenses incurred by you in connection with your service to the Company and attendance of Board and committee meetings
in accordance with the Company’s established policies.

 

Please note that nothing in this
letter or any agreement granting you equity should be construed to interfere with or otherwise restrict in any way the rights of the
Company, its Board or stockholders from removing you from the Board or any committcc in accordance with the provisions of applicable
law. Furthermore, except as otherwise provided to other non-employee Board members or required by law, the Company does not intend
to afford you any rights as an employee, including without limitation, the right to further employment or any other benefits.

 

	pg. 1	NYIAX, Inc. Privileged and Confidential

    

     

    

 

We hope that you
find the foregoing terms acceptable. You may indicate your agreement with these terms by signing and dating both the enclosed duplicate
and original letter and returning them to me. By signing this letter you also represent that the execution and delivery of this agreement
and the fulfillment of the terms hereof will not require the consent of another person, constitute a default under or conflict with any
agreement or other instrument to which you are bound or a party.

 

On behalf
of the Company it gives us great pleasure to welcome you as a member of our Board. We anticipate your leadership and experience shall
make a key contribution to our success at this critical time in our growth and development.

 

Yours very truly,

 

	/s/ Thomas F. O’Neill	 
	Thomas F. O’Neill	 
	Chairman of the Board	 
	NYIAX, Inc.	 

 

[signatures]

 

	/s/ Thomas F. O’Neill	 	/s/ William Wise
	Name:	 	Name:
	 	 	 
	 /s/ Thomas F. O’Neill	 	/s/ William Wise
	Signature	 	Signature
	 	 	 
	11/01/2016	 	11/01/2016
	Date	 	Date

 

	pg. 2	NYIAX, Inc. Privileged and ConfidentialExhibit 10.42

 

 

Louis Severine

CEO

NYIAX, Inc.

79 Madison Avenue

New York, NY 10016

 

September 6, 2016

 

Richard Bush

 

Re:
Offer of Employment: CTO/CPO

 

Dear Richard Bush:

 

As we discussed in my office, on August 22, 2016, we are
extending to you an offer of employment as CTO/CPO. If you accept our offer of employment, the following terms and conditions will
apply.

 

Your job responsibilities are as follows: Richard Bush, NYIAX,
Inc. is offering you the title of CTO/CPO with duties and responsibility which are commensurate with the position. Below is an outline
of duties which are expected to be part of yours duties; however this list is not exhaustive and other duties may be imposed upon you
by the CEO and Board of Directors.

 

		●	You will be responsible for the creation of and be spearheading Technology,
Product, and Platform for NYIAX, Inc., Initial tasks to be carried out within your first 30 days of your employment, are as follows:

 

		o	Assess
current platform and product scope and direction; and
	 	 	 
	 	o	Assess technology vendors and need for additional vendors

 

		●	Any additional hires to ensure the success of NYIAX, Inc. as a company in
regards to platform and product.

 

		●	Any additional duties that the CEO and Board may delegate to you from to
time to time to ensure the success of NYIAX, its platform, and product.

 

		●	Any additional duties that the CEO and Board may delegate to you from to time to ensure the success of
NYIAX, its platform and product.

 

Please plan to begin work on September 20, 2016. You will
report directly to the CEO, Louis Severine

 

Your beginning rate of compensation will be an annual
salary of $250,000.00, which will be paid bi-weekly. A 20% of base bonus upon successful A round funding or Seed + funding of a minimum
of $4 million dollars. Additionally, you will receive a yearly discretionary bonus of 20% of base to be paid on the anniversary of the
employment start date.

 

	pg. 1	NYIAX, Inc. Offer Letter - Confidential

    

     

    

 

You will be entitled to three (3) month severance package
after one year of employment. All rights and obligations will be represented in accordance with standard company policies.

 

Further, Richard Bush will receive 1.5% of full dilutable
equity of NYIAX, Inc. common stock which will vest over a 3 year period. Additional information on equity will be appended to the employment
agreement through a Stock Grant Agreement.

 

You also will be reimbursed for the following out-of-pocket
expenses, in accordance with our policies as may be changed from time to time:

 

		- Travel expenses
	 	 
	 	 - Meals

 

		- Postage

 

		- Cost of job-related seminars

 

		- Any reasonable and necessary expenses

 

We also have a benefits package. You will be permitted
to participate in the following benefits, in accordance with our policies as may change from time to time, and after meeting the applicable
eligibility requirements, if any:

 

		- Health insurance

 

		- Life insurance

 

Additionally, you will be entitled to 3 weeks of paid vacation
for each year of employment in accordance with our usual policies.

 

You will be entitled to 6 days, paid to be allocated for
illness or personal business each year of employment in accordance with our sick leave policy which may be modified from time to time.

 

Your employment will not be for a defined duration or term,
and it is understood that your employment is voluntary in nature and is employment-at-will. Therefore, either party may terminate the
employment relationship at any time.

 

If the above terms meet with your understanding of our discussion,
please contact me at your earliest convenience regarding whether or not you will accept our offer of employment. My phone number is 631-252-1699.
Please, countersign the offer letter and email it to me at lseverine@nyiax.com. If you decide to accept our offer, we will formalize
our discussion with an employment agreement. This letter itself does not constitute an employment agreement.

 

We are looking forward to the opportunity of working closely
with you in the near future.

 

Sincerely,

Louis Severine

CEO

 

	 	 	 
	Louis Severine, CEO 	 	Richard
Bush
	09/19/2016	 	 
	Date 	 	Date 

 

 

	pg. 2	NYIAX, Inc. Offer Letter - ConfidentialExhibit
10.43

 

NYIAX

 

Louis Severine

CEO

NYIAX, Inc.

45 W 18th Street

New York City, NY, NY 10006

 

April 12th, 2017

 

Greg Toothaker

38 Catherine Terrace

Fairfield, CT 06824

 

	Re:	Offer of Employment

 

Dear Greg:

 

As we discussed, we are extending
to you an offer of employment as SVP of Strategy. If you accept our offer of employment, the following terms and conditions will apply.
We would like for you to start on 4/24/17 in our offices at 45 W 18th Street New York, NY 10001.

 

Your job responsibilities are as follows:

 

Overview:

 

Generate strategic vision of the company and lead the implementation
of that vision.

 

Responsibilities:

 

		●	Evaluating, identify and assist on go to market strategy
	 	 	 

		●	Responsible for developing and executing strategy for company vision
	 	 	 

		●	Evaluating composition of platform and product to determine what would be most effective for the industry
and the target client/users of the platform
	 	 	 

		●	Presenting recommendations and plans to CEO & CTO
	 	 	 

		●	Maintaining strong relationship with key clients

 

    	pg. 1	NYIAX, Inc. Confidential Communication

     

    

 

		●	Following detailed instructions
and using established procedures, complete work in a detailed and complete manner
	 	 	 

		o	Supervising, training and developing skills of Assistants and Supervisors by managing workload, delegating
responsibilities and checking work for accuracy.
	 	 	 

		o	Provide job performance feedback to subordinates and make recommendations to management.
	 	 	 

		o	Providing staffing recommendations for new hirers.
	 	 	 

		●	Performs under immediate supervision, using established procedures to accomplish assigned tasks
	 	 	 

		●	Assists in more advanced functions as part of training and development
	 	 	 

		●	Refers questions and problems to higher levels
	 	 	 

		●	Resource for others in resolution of complex problems/issues
	 	 	 

		●	Minimal supervision, relies on advanced experience/judgment
	 	 	 

		●	May perform other duties and responsibilities that management may deem necessary from time to time.
	 	 	 

		●	Responsible for managing projects and resources for areas of specialization in client business

 

Qualifications:

 

To perform this job successfully
you must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill,
and/or ability required. You will be evaluated, in part, based on performance of each essential function.

 

		●	Minimal supervision, relies on experience/ judgment
	 	 	 

		●	Excellent management and motivational skills
	 	 	 

		●	Excellent organizational, interpersonal and quantitative/analytical skills
	 	 	 

		●	Strong client presentation skills and business writing skills
	 	 	 

		●	Demonstrated expertise in strategic planning
	 	 	 

		●	Detail-oriented and proven ability to thrive in a fast paced environment.

 

Please plan to begin work immediately.
You will report directly to Louis Severine as your CEO.

 

Your beginning rate of compensation will be an annual salary of $225,000.00

 

You will receive
70,000 shares Incentive Stock Options (ISOs) of NYIAX, Inc. common stock which will vest over a three (3) year period. You will
receive a stock option grant agreement which will detail the rights and duties of your ISOs.

 

    	pg. 2	NYIAX, Inc. Confidential Communication

     

    

 

You
will receive a 30% discretionary annual bonus per year in accordance with standard company policy.

 

You will receive quarterly bonus structure
TBD (to be determined) when the company begins to achieve revenue or in accordance with standard company policy.

 

Annually you will be evaluated for both an annual salary
increase and an annual bonus increase.

 

You also will be reimbursed for
the following out-of-pocket expenses, in accordance with our policies as may be changed from time to time:

 

		-	Travel expenses
	 	 	 

		-	Entertainment
	 	 	 

		-	Professional dues
	 	 	 

		-	Cost of job-related conferences & seminars

 

We also have a benefits package.
You will be permitted to participate in the following benefits, in accordance with our policies as may change from time to time, and after
meeting the applicable eligibility requirements, if any:

 

		-	Health insurance - AETNA EPO fully paid

 

Additionally, you will be entitled
to the standard flexible vacation policy. Where vacation time is scheduled appropriately to avoid significant disruption to team operations
and as approved by your manager, which may be modified from time to time or in accordance with our usual policies company policy.

 

You will be entitled to six (6)
days, paid to be allocated for illness or personal business each year of employment in accordance with our sick leave policy which may
be modified from time to time.

 

If
the above terms meet with your understanding of our discussion then counter-sign this letter. Further, please email Lou Severine at your
earliest convenience regarding whether or not you will accept our offer of employment. Lou Severine’s email is lseverine@nyiax.com.
If you decide to accept our offer, we will formalize
our discussion with an employment agreement. This letter itself does not constitute an employment agreement.

 

    	pg. 3	NYIAX, Inc. Confidential Communication

     

    

 

We are looking forward to the
opportunity of working closely with you in the near future.

 

Sincerely,

 

Louis Severine

CEO

 

	/s/ Louis Severine	 	/s/ Greg Toothaker
	Louis Severine	 	Greg Toothaker
	CEO	 	 
	 	 	 
	4/13/17	 	4/13/17
  
	Date	 	Date

 

 

	pg. 4	NYIAX, Inc. Confidential Communication

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00345-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00345-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00345-of-00352.parquet"}]]