Document:

EX-10.26

 Exhibit 10.26 

DEED OF INDEMNITY 
 THIS DEED OF
INDEMNITY is made the                      day of
                     
 BETWEEN: 

 

	(1)	 Ortho Clinical Diagnostics Holdings plc, a public limited company registered in England and Wales with company
number 13084624, whose registered office is at 11—12 St. James’s Square, Suite 1, 3rd Floor, London, England, United Kingdom SW1Y 4LB (the “Company”); and 

 

	(2)	
                    of   
                  (the “Indemnified Person”). 

WHEREAS 
  

	(A)	 The Indemnified Person is a director or officer of the Company. 

 

	(B)	 The Company has agreed to indemnify the Indemnified Person on the terms and conditions set out in this Deed.

  

	(C)	 The arrangements contemplated by this Deed are within the scope of permitted directors’ and officers’
indemnities under the Companies Act 2006, as amended (the “Companies Act”). 

  

	(D)	 The Company has further agreed to use reasonable endeavours to maintain appropriate directors’ and
officers’ liability insurance for the benefit of the Indemnified Person. 

 NOW THIS DEED WITNESSETH as follows: 

 

	1.	 INDEMNITY 

  

	1.1	 Subject to Clauses 1.2, 2 and 8.1 of this Deed, the Company shall, to the fullest extent permitted by law and
without prejudice to any other indemnity to which the Indemnified Person may otherwise be entitled, indemnify and hold the Indemnified Person harmless against any liability of the Indemnified Person arising out of, or in connection with:

  

	 	(a)	 the actual or purported exercise of, or failure to exercise or alleged failure to exercise, any of the
Indemnified Person’s powers, duties or responsibilities as a director or officer (or equivalent position under the laws of any relevant jurisdiction) of the Company or any subsidiary of the Company (as defined in section 1159 of the Companies
Act) (a “Subsidiary”); or 

  

	 	(b)	 any actual or alleged negligence, default, breach of duty, breach of trust, error, misstatement, misleading
statement, omission, breach of warranty of authority or other act (a “Wrongful Act”) by the Indemnified Person in relation to the Company or any Subsidiary arising out of any matter claimed against the Indemnified Person in his or
her personal capacity and/or as a director or officer (or equivalent position under the laws of any jurisdiction) of the Company or of any Subsidiary, 

including (but not limited to) the reasonable costs and expenses incurred by the Indemnified Person, in his or her capacity as a director or
officer (or equivalent position under the laws of any relevant jurisdiction of any Subsidiary), in respect of all claims, investigations, actions and proceedings, whether civil, criminal or regulatory, and dealing with any related proceedings
including (without limitation) defending any extradition, hearing, bringing any appeals and applying for bail, in connection with any application for relief under any statutory or regulatory provision, or arising out of any required attendance by
the Indemnified Person at any investigation into the affairs of any Subsidiary by any judicial, governmental, regulatory, or 

 
similar body (“Claims”), and any losses, damages, penalties, liabilities, compensation or other awards arising in connection with any such Claims (“Losses”),
whether instigated, imposed or incurred under the laws of England and Wales or the law of any other jurisdiction. This Clause is subject to the remaining provisions of this Deed. 

 

	1.2	 The indemnity in Clause 1.1 above shall be deemed not to provide for, or entitle the Indemnified Person to, any
indemnification that would cause this Deed, or any part of it, to be treated as void under the Companies Act and, in particular, except as provided in Clause 1.3 of this Deed, shall not provide directly or indirectly (to any extent) any indemnity
against: 

  

	 	(a)	 any liability incurred by the Indemnified Person to the Company or any Subsidiary or associated company (as
defined in section 256 of the Companies Act) (“Associated Company”); 

  

	 	(b)	 any liability incurred by the Indemnified Person to pay a fine imposed in criminal proceedings or a sum payable
to a regulatory authority by way of a penalty in respect of non-compliance with any requirement of a regulatory nature (however arising); 

 

	 	(c)	 any liability incurred by the Indemnified Person: 

 

	 	(i)	 in defending any criminal proceedings in which such Indemnified Person is convicted; 

 

	 	(ii)	 in defending any civil proceedings brought by the Company, or an Associated Company, in which judgment is given
against such Indemnified Person; or 

  

	 	(iii)	 in connection with any application under section 661(3) or (4) or section 1157 of the Companies Act in
which the court refuses to grant such Indemnified Person relief, 

 where, in any such case, any such conviction, judgment
or refusal of relief has become final. Reference in this Clause 1.2 to a conviction, judgment or refusal of relief being “final” shall be construed in accordance with sections 234(4) and (5) of the Companies Act; or 

 

	 	(d)	 any fraud, dishonesty or wilful default. 

 

	1.3	 Without prejudice to the generality of the indemnity set out in Clause 1.1 above, the Company shall, to the
fullest extent permitted by English law, indemnify and hold the Indemnified Person harmless on an “as incurred” basis against all legal and other costs, charges and expenses reasonably incurred or to be incurred: 

 

	 	(a)	 in defending Claims including, without limitation, Claims brought by, or at the request of, the Company or any
Associated Company and any investigation into the affairs of the Company or any Associated Company by any judicial, governmental, regulatory or other body, and dealing with any related proceedings including, without limitation, defending any
extradition hearing, bringing any appeals and applying for bail (or do anything to enable the Indemnified Person to avoid incurring such expenditure); or 

  

	 	(b)	 in connection with any application under section 661(3) or (4) or section 1157 of the Companies Act (or do
anything to enable the Indemnified Person to avoid incurring such expenditure), 

 provided that, in accordance with
section 205 of the Companies Act, the Indemnified Person agrees that any such legal and other costs, charges and expenses paid by the Company shall fall to be repaid, or any liability of the Company under any transaction connected thereto shall fall
to be discharged, not later than: 

  
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	 	(i)	 in the event of the Indemnified Person being convicted in the proceedings, the date when the conviction becomes
final; 

  

	 	(ii)	 in the event of judgment being given against the Indemnified Person in the proceedings, the date when the
judgment becomes final; or 

  

	 	(iii)	 in the event of the court refusing to grant the Indemnified Person relief on the application, the date when the
refusal of relief becomes final. 

 References in this Clause 1.3 to a conviction, judgment or refusal of relief being
‘final’ shall be construed in accordance with sections 205(3) and (4) of the Companies Act. 
  

	2.	 FURTHER EXCLUSIONS AND LIMITATIONS 

 

	2.1	 Notwithstanding any other provisions of this Deed, and for the avoidance of any doubt, the Company shall not be
liable to indemnify the Indemnified Person against any liability incurred by the Indemnified Person arising out of, based upon or attributable to: 

  

	 	(a)	 the gaining by the Indemnified Person of any personal profit or advantage to which the Indemnified Person was
not legally entitled; or 

  

	 	(b)	 the committing of any dishonest, fraudulent or criminal act by the Indemnified Person. 

 

	2.2	 For the purpose of determining the applicability of the exclusion in Clause 2.1, the acts of any fellow
directors or officers or of any other person shall not be imputed to the Indemnified Person. The exclusion in Clause 2.1(b) shall only apply if and when it is established through a final judgment (within the meaning of Clause 1.2 above) adverse to
the Indemnified Person, or any admission by the Indemnified Person that the relevant exclusion applies. Until that time the indemnities and obligations under Clause 1 shall apply as if the exclusion in Clause 2.1 did not exist.

  

	3.	 CLAIMING UNDER THE INDEMNITY 

 

	3.1	 If the Indemnified Person becomes aware of any circumstances which may lead to the Company being required to
make any payment under Clause 2, the Indemnified Person shall: 

  

	 	(a)	 give written notice to the Company as soon as reasonably practical after receipt of any demand relating to any
Claims (or circumstances which may reasonably be expected to give rise to a demand relating to Claims), giving full details and providing copies of all relevant correspondence; 

 

	 	(b)	 take such steps as the Company may reasonably require to recover Losses under a relevant insurance policy or
from such other third party as may be appropriate; 

  

	 	(c)	 keep the Company fully informed of the progress of and consult with the Company regarding the conduct of any
Claim, including providing all such information in relation to any Claims or Losses or any other costs, charges or expenses incurred as the Company may reasonably request; and 

 

	 	(d)	 take all such action as the Company (or the Company’s insurers where applicable) may reasonably request to
avoid, dispute, resist, appeal, compromise or defend any Claims. 

  

	3.2	 For the avoidance of doubt: 

  
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	 	(a)	 if a company ceases to be a Subsidiary after the date of this Deed, the Company shall only be liable to
indemnify the Indemnified Person in respect of liabilities in relation to that company which arose before the date on which that company ceased to be a Subsidiary; and 

 

	 	(b)	 the Indemnified Person, as director or officer of any company which becomes a Subsidiary after the date of this
Deed, shall be indemnified only in respect of liabilities arising after the date on which that company became a Subsidiary. 

  

	4.	 TERM 

This Deed shall remain in force until such time as any relevant limitation periods for bringing Claims against the Indemnified Person have
expired, or for so long as the Indemnified Person remains liable for any Losses, notwithstanding that such Indemnified Person may have ceased to be a director or officer of the Company or any of its subsidiaries. 

 

	5.	 DIRECTORS’ AND OFFICERS’ INSURANCE 

 

	5.1	 The Company shall use reasonable endeavours to provide and maintain, directly or indirectly,
“directors’ and officers’” liability insurance (including ensuring that premiums are properly paid) on terms which together are no less favourable than those generally available in the market from time to time for the benefit of
the Indemnified Person for so long as any Claims may lawfully be brought against the Indemnified Person. 

  

	5.2	 The Company shall give written notice to the Indemnified Person of any changes in such directors’ and
officers’ liability insurance cover during the period referred to above that might adversely affect the Indemnified Person as soon as reasonably practicable after such changes become effective. 

 

	6.	 COMMUNICATIONS 

 

	6.1	 All communications between the parties with respect to this Deed shall be in writing and shall:

  

	 	(a)	 be delivered by hand, or sent by first class prepaid post (or airmail if sent outside the United Kingdom), to
the address of the addressee as set out in this Deed or to another address which the addressee notifies for the purpose of this Clause; 

  

	 	(b)	 be sent by facsimile to any facsimile number notified for the purpose of this Clause; or 

 

	 	(c)	 by email to [●]. 

 

	6.2	 In the absence of evidence of earlier receipt, communications shall be deemed to have been received as follows:

  

	 	(a)	 (if sent by post within the United Kingdom) two Business Days after posting; 

 

	 	(b)	 (if sent by post outside the United Kingdom) five Business Days after posting; 

 

	 	(c)	 (if delivered by hand) on the day of delivery, if delivered at least two hours before the close of business
hours on a Business Day, and otherwise on the next Business Day; 

  

	 	(d)	 (if sent by facsimile) at the time of transmission, if received at least two hours before the close of business
hours on a Business Day, and otherwise on the next Business Day; and 

  

	 	(e)	 (if sent by email) at the time of transmission, if received before the close of business hours on a Business
Day, and otherwise on the next Business Day. 

  
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	6.3	 For purposes of this Clause, “Business Day” means a day (other than a Saturday or Sunday) on
which the clearing banks in the City of London are open for business. 

  

	6.4	 For the purposes of this Clause, “business hours” means between the hours of 10.00 and 18.00
inclusive in the place of receipt. 

  

	6.5	 In proving service it shall be sufficient to prove that personal delivery was made, or that the envelope
containing the notice was properly addressed and stamped and placed in the post or that the facsimile transmission was transmitted to the specified number and confirmatory transmission report received or that the email was sent to the email address
specified. 

  

	6.6	 Communications addressed to the Company shall be marked for the attention of the Company Secretary.

  

	7.	 GOVERNING LAW AND JURISDICTION 

This Deed and any non-contractual rights or obligations arising out of or in connection with it shall
be governed by, and interpreted in accordance with, the laws of England and Wales. Each of the Company and the Indemnified Person irrevocably agree that the courts of England and Wales shall have exclusive jurisdiction to settle any Disputes (as
defined below) and waive any objection to proceedings before such courts on the grounds of venue or on the grounds that such proceedings have been brought in an inappropriate forum. For the purposes of this Clause 7, “Dispute” means
any dispute, controversy, claim or difference of whatever nature arising out of, relating to, or having any connection with this Deed, including a dispute regarding the existence, formation, validity, interpretation, performance or termination of
this Deed or the consequences of its nullity and also including any dispute relating to any non-contractual rights or obligations arising out of, relating to, or having any connection with this Deed. 

 

	8.	 GENERAL 

  

	8.1	 If this Deed is finally judicially determined in a relevant jurisdiction to provide for, or entitle the
Indemnified Person to, indemnification against any Claims or Losses that would cause this Deed, or any part of it, to be treated as illegal, void unenforceable, in whole or in part, under the laws of that jurisdiction, this Deed shall, in so far as
it relates to such jurisdiction, be deemed not to provide for, or entitle the Indemnified Person to, any such indemnification, and the Company shall instead indemnify the Indemnified Person against any Claims or Losses to the fullest extent
permitted by law in that jurisdiction. 

  

	8.2	 Nothing in this Deed shall require the Company to indemnify the Indemnified Person or otherwise provide the
Indemnified Person with funds if the same would be prohibited, or render any indemnification contained herein void, under the Companies Act on the basis that each Subsidiary is for these purposes treated as a “company” within the meaning
of section 1 of the Companies Act, and all references herein to the Companies Act or the possibility of any provision of this Deed being held to be illegal, void, or unenforceable or otherwise prohibited under English law (or expressions similar
thereto) shall be construed on that basis. 

  

	8.3	 The successors and personal representatives of the Indemnified Person shall be entitled to the benefit of this
Deed and a person who is not a party to this Deed shall have no right under the Contracts (Rights of Third Parties) Act 1999 to enforce any of its terms. 

  

	8.4	 This Deed may be executed in any number of counterparts, each of which when executed and delivered shall
constitute a duplicate original, but all counterparts shall together constitute one agreement. 

  
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 IN WITNESS whereof this Deed has been executed the day and year first above written. 

 

					
	  EXECUTED and
delivered                                    )	 		  	                                      
              
			
	  as a DEED
by                                         
                  )	 		  	
			
	  Ortho Clinical Diagnostics Holdings plc               )	 		  	
			
	  acting
by                        ,                 
                          )	 	  
	  	
			
	  a director, in the presence of
                                    )	 	Director	  	

  

			
	
              
                                       
	 	       Signature of Witness

		
	  
	 	       Name of Witness

		
	  
	 	       Address of Witness

		
	  
	 	
		
	  
	 	       Occupation of Witness

 [Signature page to the indemnity agreement] 

					
			
	  SIGNED as a DEED by                       )	 		  	                                      
              
	                                      
                          )	 		  	
	
                   
                                         
    )
	 	  
	  	
	  in the presence of: 	 		  	

  

			
	
              
                                       
	 	       Signature of Witness

		
	  
	 	       Name of Witness

		
	  
	 	       Address of Witness

		
	  
	 	
		
	  
	 	       Occupation of Witness

 [Signature page to the indemnity agreement]Exhibit 10.1

 

EMPLOYMENT AGREEMENT

 

EMPLOYMENT AGREEMENT
(this “Agreement”) dated as of December 28, 2020 and effective January 1, 2021 (the “Effective Date”),
by and between Black Ridge Oil & Gais, Inc. (to be known as SOW GOOD INC.), a Nevada Corporation (the “Company”),
and Brad Burke (the “Employee”).

 

W I T N E S S E T H

 

WHEREAS, this
Agreement is being entered into by and among SOW GOOD INC., a Nevada Corporation, and the Employee;

 

WHEREAS, the
Company desires to employ the Employee, and the Employee desires to be employed by the Company; and

 

WHEREAS, the
Company and the Employee desire to enter into this Agreement as to the terms of the Employee’s employment with the Company.

 

NOW, THEREFORE,
in consideration of the foregoing, of the mutual promises contained herein and of other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

 

1.                 
POSITION AND DUTIES.

 

(a)              
GENERAL. During the Employment Term, the Employee shall serve as the Chief Financial Officer. In this capacity,
the Employee shall have the duties, authorities and responsibilities commensurate with the duties, authorities and responsibilities
of persons in similar capacities in similarly sized companies, and such other duties, authorities and responsibilities as may reasonably
be assigned to the Employee from time to time that are not inconsistent with the Employee’s position with the Company. The
Employee acknowledges and agrees that the actions set forth on Exhibit A require the prior approval of the Executive Chairman
or as applicable the Board of Directors of the Company.

 

(b)              
OTHER ACTIVITIES. During the Employment Term, the Employee shall devote all of the Employee’s business
time, energy, business judgment, knowledge and skill and the Employee’s best efforts to the performance of the Employee’s
duties with the Company in a diligent, trustworthy, businesslike and efficient manner and present to the Company all business opportunities
reasonably related to the business conducted or proposed to be conducted by the Company and its subsidiaries of which the Employee
becomes aware. The Employee shall be permitted to serve on up to three, in the aggregate, for-profit or not-for-profit boards,
subject, in each case, to prior approval by the Board (not to be unreasonably withheld); provided, that such activities
do not interfere with Employee’s duties under, or violate any provisions of, this Agreement (including, without limitation,
the first sentence of this Section 1(b) and Section 10).

 

2.                 
EMPLOYMENT TERM. The Company agrees to employ the Employee pursuant to the terms of this Agreement, and
the Employee agrees to be so employed, for a term of three years (the “Initial Term”) commencing upon the Effective
Date. Upon expiration of the Initial Term and on each anniversary of the Effective Date following the Initial Term, the term of
this Agreement shall be automatically extended for successive one (1)-year periods; provided, however, that either
party hereto may elect not to extend this Agreement by giving written notice to the other party at least ninety (90) days prior
to the expiration of the Initial Term or any such anniversary date. Notwithstanding the foregoing, the Employee’s employment
hereunder may be earlier terminated in accordance with Section 7 hereof, subject to the provisions of Section 8 hereof.
The period of time between the Effective Date and the termination of the Employee’s employment hereunder shall be referred
to herein as the “Employment Term.”

 

3.                 
BASE SALARY. During the Employment Term, the Company agrees to pay the Employee a base salary at an annual
rate of $275,000, payable in accordance with the regular payroll practices of the Company, but not less frequently than monthly.
The base salary as determined herein and adjusted from time to time shall constitute “Base Salary” for purposes
of this Agreement.

 

4.                 
ANNUAL BONUS. The Employee shall be eligible to receive an annual discretionary incentive payment under
the Company’s annual bonus plan as may be in effect from time to time (the “Annual Bonus”) with respect
to each calendar year during the Employment Term beginning with the 2021 calendar year, upon the attainment of one or more pre-established
performance goals established by the Board (or a committee thereof) in its sole discretion. Any Annual Bonus payable hereunder
shall be paid in the calendar year following the calendar year to which such bonus relates at the same time annual bonuses are
paid to other senior executives of the Company, subject to the Employee’s continued employment with the Company through the
date of payment.

 

 

 

 

    	 	1	 

     

    

 

5.                 
STOCK COMPENSATION. The Employee shall be eligible for an option grant in an amount of 20,000 shares with
a vesting schedule such that 60% shall vest on January 1, 2024 and 20% of the total grant shall vest on each of January 1, 2025
and 2026.

 

6.                 
EMPLOYEE BENEFITS.

 

(a)              
BENEFIT PLANS. During the Employment Term, the Employee shall be entitled to participate in any employee benefit
plan that the Company has adopted or may adopt, maintain or contribute to for the benefit of its employees generally, subject to
satisfying the applicable eligibility requirements, and except to the extent such plans are duplicative of the benefits otherwise
provided hereunder. The Employee’s participation will be subject to the terms of the applicable plan documents and generally
applicable Company policies. Notwithstanding the foregoing, the Company may modify or terminate any employee benefit plan at any
time.

 

(b)               VACATION
TIME. During the Employment Term, the Employee shall be entitled to four (4) weeks of paid vacation per calendar year (as
prorated for partial years) in accordance with the Company’s policy on accrual and use applicable to employees as in effect
from time to time.

 

(c)              
BUSINESS AND TRAVEL EXPENSES. Upon presentation of reasonable substantiation and documentation as the Company
may specify from time to time, the Employee shall be reimbursed in accordance with the Company’s expense reimbursement policy,
for all reasonable out-of-pocket business expenses incurred and paid by the Employee during the Employment Term in connection with
the performance of the Employee’s duties hereunder.

 

7.                 TERMINATION.
The Employee’s employment and the Employment Term shall terminate on the first of the following to occur:

 

(a)              
DISABILITY. Upon ten (10) days’ prior written notice by the Company to the Employee of a termination
due to Disability. For purposes of this Agreement, “Disability” shall be defined as the inability of the Employee
to have performed the Employee’s material duties hereunder after reasonable accommodation due to a physical or mental injury,
infirmity or incapacity for one hundred eighty (180) days (including, without limitation, weekends and holidays) in any three hundred,
sixty-five (365)-day period as determined by the Board in its reasonable discretion. The Employee shall cooperate in all respects
with the Company if a question arises as to whether the Employee has become disabled (including, without limitation, submitting
to reasonable examinations by one or more medical doctors and other health care specialists selected by the Company and authorizing
such medical doctors and other health care specialists to discuss the Employee’s condition with the Company).

 

(b)              
DEATH. Automatically upon the date of death of the Employee.

 

(c)              
CAUSE. Immediately upon written notice by the Company to the Employee of a termination for Cause. “Cause”
shall mean:

 

(i)               the Employee’s willful misconduct or gross negligence in the performance of the Employee’s duties to
the Company or any of its affiliates;

(ii)             
the Employee’s repeated willful failure to follow the lawful directives of the Board (other than as a result
of death or Disability);

 

(iii)           
the Employee’s commission of, indictment for, conviction of, or pleading of guilty or nolo contendere
to, any crime involving moral turpitude or any felony;

 

(iv)            the
Employee’s performance of any act of theft, embezzlement, fraud, dishonesty or misappropriation of the property of the
Company or any of its affiliates;

 

(v)             
the Employee’s abuse of alcohol that impairs the Employee’s ability to perform the Employee’s duties
contemplated hereunder, or use of illegal drugs;

 

 

 

 

 

    	 	2	 

     

    

 

(vi)           
the Employee’s breach of any fiduciary duty owed to the Company or any of its affiliates (including, without
limitation, the duty of care and the duty of loyalty);

 

(vii)         
the Employee’s breach of this Agreement or any other agreement with the Company or any of its affiliates, or
a material violation of the Company’s code of conduct or other written policy; or

 

(viii)         
the Employee’s taking, or directing or permitting the taking, of any action set forth on Exhibit A without
the prior approval of the Executive Chairman, CEO or the Board, as applicable.

 

(d)              
WITHOUT CAUSE. Immediately upon written notice by the Company to the Employee of an involuntary termination
without Cause (other than for death or Disability).

 

(e)              
BY EMPLOYEE FOR ANY REASON. Upon sixty (60) days’ prior written notice by the Employee to the Company
of the Employee’s voluntary termination of employment for any reason (which the Company may, in its sole discretion, make
effective earlier than any notice date).

 

(f)               
EXPIRATION OF EMPLOYMENT TERM; NON-EXTENSION OF AGREEMENT. Upon the expiration of the Employment Term due
to an election by the Company or the Employee not to extend the term of this Agreement pursuant to the provisions of Section
2 hereof.

 

8.                 
CONSEQUENCES OF TERMINATION.

 

(a)              
DEATH. In the event that the Employee’s employment and the Employment Term ends on account of the Employee’s
death, the Employee’s estate shall be entitled to the following (with the amounts due under Sections 8(a)(i) and 8(a)(ii)
hereof to be paid within sixty (60) days following termination of employment, or such earlier date as may be required by applicable
law):

 

(i)               any unpaid Base Salary through the date of termination;

 

(ii)             
reimbursement for any unreimbursed business expenses incurred and reimbursable in accordance with Section 6(c)
through the date of termination and supported by reasonable substantiation and documentation in accordance with Company policies;
and

 

(iii)           
all other accrued and vested payments, benefits or fringe benefits to which the Employee is entitled in accordance
with the terms and conditions of the applicable compensation or benefit plan, program or arrangement of the Company (collectively,
Sections 8(a)(i) through 8(a)(iii) hereof shall be hereafter referred to as the “Accrued Benefits”).

 

(b)              
DISABILITY. In the event that the Employee’s employment and/or Employment Term ends on account of the
Employee’s Disability, the Company shall pay or provide the Employee with the Accrued Benefits.

 

(c)              TERMINATION
BY THE COMPANY FOR CAUSE OR BY EMPLOYEE FOR ANY REASON OR AS A RESULT OF EMPLOYEE NON-EXTENSION OF THIS AGREEMENT. If the
Employee’s employment is terminated (x) by the Company for Cause, (y) by the Employee for any reason or (z) as a result
of an expiration of the Employment Term due to an election by the Employee not to extend the term of this Agreement pursuant to
the provisions of Section 2 hereof, the Company shall pay or provide the Employee with the Accrued Benefits.

 

(d)              
TERMINATION AS A RESULT OF COMPANY NON-EXTENSION OF THIS AGREEMENT. If the Employee’s employment is
terminated as a result of an expiration of the Employment Term due to an election by the Company not to extend the term of this
Agreement pursuant to the provisions of Section 2 hereof, the Company shall pay or provide the Employee with the following:

 

(i)               the Accrued Benefits; and

 

 

 

 

 

    	 	3	 

     

    

 

(ii)             
subject to the Employee’s continued compliance with the obligations in Sections 9, 10 and 11
hereof, any then earned but unpaid Annual Bonus (if any) for the calendar year which ended prior to the date of termination determined
in accordance with Section 4 (“the Unpaid Annual Bonus”), paid in such manner and at such times as the
Unpaid Annual Bonus would have otherwise been paid to the Employee without regard to the termination of the Employment Term; provided
that to the extent that the payment of any amount constitutes “nonqualified deferred compensation” for purposes of
“Code Section 409A” (as defined in Section 21 hereof), any such payment scheduled to occur during the first
sixty (60) days following such termination shall not be paid until the sixtieth (60th) day following such termination
and shall include payment of any amount that was otherwise scheduled to be paid prior thereto.

 

(e)              
TERMINATION WITHOUT CAUSE. If the Employee’s employment by the Company is terminated by the Company
other than (x) for Cause or (y) as a result of an expiration of the Employment Term due to an election by the Company not to extend
the term of this Agreement pursuant to the provisions of Section 2 hereof, the Company shall pay or provide the Employee
with the following:

 

(i)               the Accrued Benefits; and

 

(ii)             
subject to the Employee’s continued compliance with the obligations in Sections 9, 10 and 11
hereof, (A) an amount equal to the sum of the Employee’s monthly Base Salary rate (but not as an employee), paid in accordance
with the regular payroll practices of the Company for a period of nine (9) months following such termination and (B) the Unpaid
Annual Bonus (if any), paid in such manner and at such times as the Unpaid Annual Bonus would have otherwise been paid to the Employee
without regard to the termination of the Employment Term, and will be paid ratably thereafter over the remaining payment schedule
for the payments pursuant to clause (A)); provided that to the extent that the payment of any amount constitutes “nonqualified
deferred compensation” for purposes of “Code Section 409A” (as defined in Section 21 hereof), any such
payment scheduled to occur during the first sixty (60) days following such termination shall not be paid until the sixtieth (60th)
day following such termination and shall include payment of any amount that was otherwise scheduled to be paid prior thereto.

 

Payments and benefits provided in this
Section 8(e) shall be in lieu of any termination or severance payments or benefits for which the Employee may be eligible
under any of the plans, policies or programs of the Company or under the Worker Adjustment Retraining Notification Act of 1988
or any similar state statute or regulation.

 

(f)               
OTHER OBLIGATIONS. Upon any termination of the Employee’s employment with the Company, the Employee
shall promptly resign from any position as an officer, director or fiduciary of any entity related to the Company or any of its
affiliates.

 

(g)              
EXCLUSIVE REMEDY. The amounts payable to the Employee following termination of employment and the Employment
Term hereunder pursuant to Section 8 hereof shall be in full and complete satisfaction of the Employee’s rights under
this Agreement and any other claims that the Employee may have in respect of the Employee’s employment with the Company or
any of its affiliates, and the Employee acknowledges that such amounts are fair and reasonable, and are the Employee’s sole
and exclusive remedy, in lieu of all other remedies at law or in equity, with respect to the termination of the Employee’s
employment hereunder or any breach of this Agreement.

 

9.                 RELEASE; SET-OFFS. Any and all amounts payable and benefits or additional rights provided pursuant to
this Agreement in connection with the Employee’s termination of employment beyond the Accrued Benefits shall only be payable
if the Employee delivers to the Company and does not revoke a general release of claims in favor of the Company substantially in
the form of Exhibit B attached hereto and if such release is executed and delivered (and no longer subject to revocation,
if applicable) within sixty (60) days following termination. Subject to the provisions of Section 21(b)(v) hereof and the
limitations of applicable wage laws, the Company’s obligations to pay the Employee amounts hereunder shall be subject to
set-off, counterclaim or recoupment of amounts owed by the Employee to the Company or any of its affiliates.

 

 

 

 

 

    	 	4	 

     

    

 

10.             
RESTRICTIVE COVENANTS.

 

(a)              
CONFIDENTIALITY. During the course of the Employee’s
employment with the Company, the Employee will have access to Confidential Information. For purposes of this Agreement, “Confidential
Information” means all data, information, ideas, concepts, discoveries, trade secrets, inventions (whether or not patentable
or reduced to practice), innovations, improvements, know-how, developments, techniques, methods, processes, treatments, drawings,
sketches, specifications, designs, patterns, models, plans and strategies, and all other confidential or proprietary information
or trade secrets in any form or medium (whether merely remembered or embodied in a tangible or intangible form or medium) whether
now or hereafter existing, relating to or arising from the past, current or potential business, activities and/or operations of
the Company or any of its affiliates or any of its or their predecessors or assignors or any of the businesses of any of the foregoing,
including, without limitation, any such information relating to or concerning finances, sales, marketing, advertising, transition,
promotions, pricing, personnel, customers, suppliers, vendors, partners and/or competitors. The Employee agrees that the Employee
shall not, directly or indirectly, use, make available, sell, disclose or otherwise communicate to any person, other than in the
course of the Employee’s assigned duties and for the benefit of the Company, either during the period of the Employee’s
employment or at any time thereafter, any Confidential Information or other confidential or proprietary information received from
third parties subject to a duty on the Company’s and its subsidiaries’ and affiliates’ part to maintain the confidentiality
of such information, and to use such information only for specified limited purposes. The foregoing shall not apply to information
that (i) was known to the public prior to its disclosure to the Employee; (ii) becomes generally known to the public subsequent
to disclosure to the Employee through no wrongful act of the Employee or any representative of the Employee; or (iii) the Employee
is required to disclose by applicable law, regulation or legal process (provided that the Employee provides the Company
with prior notice of the contemplated disclosure and cooperates with the Company at its expense in seeking a protective order or
other appropriate protection of such information). Unless this Agreement is otherwise required to be disclosed under applicable
law, rule or regulation, the terms and conditions of this Agreement shall remain strictly confidential, and the Employee hereby
agrees not to disclose the terms and conditions hereof to any person or entity, other than immediate family members, legal advisors
or personal tax or financial advisors, or prospective future employers solely for the purpose of disclosing the limitations on
the Employee’s conduct imposed by the provisions of this Section 10 who, in each case, agree to keep such information
confidential.

 

(b)              
NONCOMPETITION. The Employee acknowledges that (i) the Employee will perform services of a unique nature for
the Company that are irreplaceable, and that the Employee’s performance of such services to a competing business will result
in irreparable harm to the Company and its affiliates, (ii) the Employee will have access to Confidential Information which, if
disclosed, would unfairly and inappropriately assist in competition against the Company or any of its affiliates, (iii) in the
course of the Employee’s employment by a competitor, the Employee would inevitably use or disclose such Confidential Information,
and (iv) the Employee will generate goodwill for the Company and its affiliates in the course of the Employee’s employment.
Accordingly, during the Employment Term and for a period of thirty-six (36) months after the termination of the Employment Term,
the employee will not, directly or indirectly, individually or on behalf of or in association with any other person or entity,
engage in (or undertake any planning to engage in), whether as an officer, director, employee, independent contractor, advisor,
sales representative, consultant, shareholder, owner, partner, manager or in any other capacity, any Business or any other business
or activity that is in competition with the Company or any of its affiliates or the Business or that is substantially similar to
the Business anywhere in North America, China, or India including any state, county, province or other locale in North America,
China, or India in which the Company or any of its affiliates operates as of the date of termination of the Employment Term, or
in any other jurisdiction in which the Company or any of its affiliates operates as of the date of termination of the Employment
Term or in which they have planned, on or prior to such date, to operate on or after such date. The restrictions set forth in this
Section 10(b) shall not be construed to preclude the Employee from making an investment in the Company, or in the securities
of any business enterprise to the extent that such securities are actively traded on a national securities exchange or in the over-the-counter
market in the United States or on any foreign securities exchange; but only if such investment is passive and does not exceed two
percent (2%) of the outstanding voting securities of such enterprise. “Business” means each business in which
the Company or any of its subsidiaries is engaged on the date of termination of the Employment Term or in which they have planned,
on or prior to such date, to be engaged in on or after such date, including, without limitation, the business of food products
manufacturing (including, without limitation, fruits, vegetables, proteins), manufacturing freeze-drier machinery and technology,
distributing, marketing and/or selling (including selling to any wholesaler or retailer) of freeze dried or jerky foods for human
consumption, along with any combination thereof and freeze-drier technology and machinery, along with any combination thereof.

 

 

 

 

 

    	 	5	 

     

    

 

(c)              
NONSOLICITATION; NONINTERFERENCE. During the Employment Term and for a period of thirty-six (36) months after
the termination of the Employment Term, the Employee agrees that the Employee shall not, except in the furtherance of the Employee’s
duties hereunder, directly or indirectly, individually or on behalf of any other person, firm, corporation or other entity, (i) solicit,
aid or induce any customer of the Company or any of its affiliates to purchase goods or services then sold by the Company or any
of its affiliates from another person, firm, corporation or other entity or assist or aid any other person or entity in identifying
or soliciting any such customer, (ii) solicit, aid or induce any employee, representative or agent of the Company or any of its
affiliates to leave such employment or retention or to accept employment with or render services to or with any other person, firm,
corporation or other entity unaffiliated with the Company, or hire or retain any such employee, representative or agent, or take
any action to assist or aid any other person, firm, corporation or other entity in identifying, hiring or soliciting any such employee,
representative or agent, or (iii) interfere, or aid or induce any other person or entity in interfering, with the relationship
between the Company or any of its affiliates and any of their respective vendors, joint venturers or licensors. An employee, representative
or agent shall be deemed covered by this Section 10(c) while so employed or retained and for a period of six (6) months
thereafter. Notwithstanding the foregoing, the provisions of this Section 10(c) shall not be violated by general advertising
or solicitation not specifically targeted at Company-related persons or entities.

 

(d)              
INVENTIONS. (i) The Employee acknowledges and agrees that all ideas, methods, inventions, discoveries, improvements,
work products, developments, software, know-how, processes, techniques, methods, works of authorship and other work product, whether
patentable or unpatentable, (A) that are reduced to practice, created, invented, designed, developed, contributed to, or improved
with the use of any resources of the Company or any of its affiliates and/or within the scope of the Employee’s work with
the Company and its affiliates or that relate to the business, operations or actual or demonstrably anticipated research or development
of the Company or any of its affiliates, and that are made or conceived by the Employee, solely or jointly with others, during
the period of the Employee’s employment with the Company, or (B) suggested by any work that the Employee performs in connection
with the Company or any of its affiliates, either while performing the Employee’s duties with the Company or any of its affiliates
or on the Employee’s own time, but only insofar as the Inventions are related to the Employee’s work as an employee
or other service provider to the Company and its affiliates, shall belong exclusively to the Company (or its designee), whether
or not patent or other applications for intellectual property protection are filed thereon (the “Inventions”).
The Employee will keep full and complete written records (the “Records”), in the manner prescribed by the Company,
of all Inventions, and will promptly disclose all Inventions completely and in writing to the Company. The Records shall be the
sole and exclusive property of the Company, and the Employee will surrender them upon the termination of the Employment Term, or
upon the Company’s request. The Employee will assign to the Company (or its designee) the Inventions and all patents or other
intellectual property rights that may issue thereon in any and all countries, whether during or subsequent to the Employment Term,
together with the right to file, in the Employee’s name or in the name of the Company (or its designee), applications for
patents and equivalent rights (the “Applications”). The Employee will, at any time during and subsequent to
the Employment Term, make such applications, sign such papers, take all rightful oaths, and perform all other acts as may be requested
from time to time by the Company to perfect, record, enforce, protect, patent or register the Company’s rights in the Inventions,
all without additional compensation to the Employee from the Company or any of its affiliates. The Employee will also execute assignments
to the Company (or its designee) of the Applications, and give the Company and its attorneys all reasonable assistance (including,
without limitation, the giving of testimony) to obtain the Inventions for the Company’s (or its designee’s) benefit,
all without additional compensation to the Employee from the Company or any of its affiliates, but entirely at the Company’s
expense.

 

(ii)             
In addition, the Inventions will be deemed Work for Hire, as such term is defined under the copyright laws of the
United States, on behalf of the Company and the Employee agrees that the Company will be the sole owner of the Inventions, and
all underlying rights therein, in all media now known or hereinafter devised, throughout the universe and in perpetuity without
any further obligations to the Employee. If the Inventions, or any portion thereof, are deemed not to be Work for Hire, or the
rights in such Inventions do not otherwise automatically vest in the Company, the Employee hereby irrevocably conveys, transfers
and assigns to the Company, all rights, in all media now known or hereinafter devised, throughout the universe and in perpetuity,
in and to the Inventions, including, without limitation, all of the Employee’s right, title and interest in the copyrights
(and all renewals, revivals and extensions thereof) to the Inventions, including, without limitation, all rights of any kind or
any nature now or hereafter recognized, including, without limitation, the unrestricted right to make modifications, adaptations
and revisions to the Inventions, to exploit and allow others to exploit the Inventions and all rights to sue at law or in equity
for any infringement, or other unauthorized use or conduct in derogation of the Inventions, known or unknown, prior to the date
hereof, including, without limitation, the right to receive all proceeds and damages therefrom. In addition, the Employee hereby
waives any so-called “moral rights” with respect to the Inventions. To the extent that the Employee has any rights
in the results and proceeds of the Employee’s service to the Company that cannot be assigned in the manner described herein,
the Employee agrees to unconditionally waive the enforcement of such rights. The Employee hereby waives any and all currently existing
and future monetary rights in and to the Inventions and all patents and other registrations for intellectual property that may
issue thereon, including, without limitation, any rights that would otherwise accrue to the Employee’s benefit by virtue
of the Employee being an employee of or other service provider to the Company.

 

 

 

 

 

    	 	6	 

     

    

 

(e)              
RETURN OF COMPANY PROPERTY. On the date of the Employee’s termination of employment with the Company
for any reason (or at any time prior thereto at the Company’s request), the Employee shall return all property belonging
to the Company or its affiliates (including, without limitation, any Company-provided laptops, computers, cell phones, wireless
electronic mail devices or other equipment, or documents and property belonging to the Company).

 

(f)               
REASONABLENESS OF COVENANTS. In signing this Agreement, the Employee gives the Company assurance that the
Employee has carefully read and considered all of the terms and conditions of this Agreement, including, without limitation, the
restraints imposed under this Section 10. The Employee agrees that these restraints are necessary for the reasonable and
proper protection of the Company and its affiliates and their Confidential Information and that each and every one of the restraints
is reasonable in respect of subject matter, length of time and geographic area, and that these restraints, individually or in the
aggregate, will not prevent the Employee from obtaining other suitable employment during the period in which the Employee is bound
by the restraints. The Employee acknowledges that each of these covenants has a unique, very substantial and immeasurable value
to the Company and its affiliates and that the Employee has sufficient assets and skills to provide a livelihood while such covenants
remain in force. The Employee further covenants that the Employee will not challenge the reasonableness or enforceability of any
of the covenants set forth in this Section 10, and that the Employee will reimburse the Company and its affiliates
for all costs (including, without limitation, reasonable attorneys’ fees) incurred in connection with any action to enforce
any of the provisions of this Section 10 if either the Company and/or its affiliates prevails on any material issue involved
in such dispute or if the Employee challenges the reasonableness or enforceability of any of the provisions of this Section
10. It is also agreed that each of the Company’s affiliates will have the right to enforce all of the Employee’s
obligations to that affiliate under this Agreement, including, without limitation, pursuant to this Section 10.

 

(g)              
REFORMATION. If it is determined by a court of competent jurisdiction in any state that any restriction in
this Section 10 is excessive in duration or scope or is unreasonable or unenforceable under applicable law, it is the intention
of the parties that such restriction may be modified or amended by the court to render it enforceable to the maximum extent permitted
by the laws of that state.

 

(h)              
TOLLING. In the event of any violation of the provisions of this Section 10, the Employee acknowledges
and agrees that the post-termination restrictions contained in this Section 10 shall be extended by a period of time equal
to the period of such violation, it being the intention of the parties hereto that the running of the applicable post-termination
restriction period shall be tolled during any period of such violation.

 

(i)                
SURVIVAL OF PROVISIONS. The obligations contained in Sections 10 and 11 hereof shall survive
the termination or expiration of the Employment Term and the Employee’s employment with the Company and shall be fully enforceable
thereafter.

 

11.             
COOPERATION. In connection with any termination of the Employee’s employment with the Company, the
Employee agrees to assist the Company, as reasonably requested by the Company, in its succession planning efforts to facilitate
a smooth transition of the Employee’s job responsibilities to the Employee’s successor. In addition, upon the receipt
of reasonable notice from the Company (including, without limitation, outside counsel), the Employee agrees that while employed
by the Company and thereafter, the Employee will respond and provide information with regard to matters in which the Employee has
knowledge as a result of the Employee’s employment with the Company, and will provide reasonable assistance to the Company,
its affiliates and their respective representatives in defense of all claims that may be made against the Company or its affiliates,
and will assist the Company and its affiliates in the prosecution of all claims that may be made by the Company or its affiliates,
to the extent that such claims may relate to the period of the Employee’s employment with the Company. The Employee agrees
to promptly inform the Company if the Employee becomes aware of any lawsuit involving such claims that may be filed or threatened
against the Company or its affiliates. The Employee also agrees to promptly inform the Company (to the extent that the Employee
is legally permitted to do so) if the Employee is asked to assist in any investigation of the Company or its affiliates (or their
actions), regardless of whether a lawsuit or other proceeding has then been filed against the Company or its affiliates with respect
to such investigation, and shall not do so unless legally required. Upon presentation of appropriate documentation, the Company
shall pay or reimburse the Employee for all reasonable out-of-pocket travel, duplicating or telephonic expenses incurred by the
Employee in complying with this Section 11.

 

 

 

    	 	7	 

     

    

 

12.             
EQUITABLE RELIEF AND OTHER REMEDIES. The Employee acknowledges and agrees that the Company’s remedies
at law for a breach or threatened breach of any of the provisions of Section 10 or Section 11 hereof would be inadequate
and, in recognition of this fact, the Employee agrees that, in the event of such a breach or threatened breach, in addition to
any remedies at law, the Company shall be entitled to seek equitable relief in the form of specific performance, a temporary restraining
order, a temporary or permanent injunction or any other equitable remedy which may then be available, without the necessity of
showing actual monetary damages or the posting of a bond or other security. In the event of a violation by the Employee of Section
10 or Section 11 hereof, any severance or other amount being paid to the Employee pursuant to this Agreement or otherwise
shall immediately cease, and any severance or other amount pursuant to Section 7 (other than Accrued Benefits) previously
paid to the Employee shall be immediately repaid to the Company.

 

13.             
NO ASSIGNMENTS. This Agreement is personal to each of the parties hereto. Except as provided in this Section
13 hereof, no party may assign or delegate any rights or obligations hereunder without first obtaining the written consent
of the other party hereto; provided, that he Company may assign this Agreement to any successor to all or substantially
all of the business and/or assets of the Company; provided, further, that the Company shall require such successor
to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required
to perform it if no such succession had taken place. As used in this Agreement, “Company” shall mean the Company
and any successor to its business and/or assets, which assumes and agrees to perform the duties and obligations of the Company
under this Agreement by operation of law or otherwise.

 

14.             
NOTICE. For purposes of this Agreement, notices and all
other communications provided for in this Agreement shall be in writing and shall be deemed to have been duly given (a) on the
date of delivery, if delivered by hand, (b) on the date of transmission, if delivered by confirmed facsimile or electronic mail,
(c) on the first business day following the date of deposit, if delivered by guaranteed overnight delivery service, or (d) on the
fourth business day following the date delivered or mailed by United States registered or certified mail, return receipt requested,
postage prepaid, addressed as follows:

 

If to the Employee:

 

At the address (or to the facsimile number) shown

in the books and records of the Company

 

If to the Company:

 

SOW GOOD INC.

1440 N Union Bower

Irving, TX 75061

Attention: Ira Goldfarb

E-mail: ira@s-fdf.com

with a copy to (which shall not constitute notice to the Company):

 

Husch Blackwell LLP

1900 N. Pearl Street, Suite 1800

Dallas, TX 75201

Attention: Rick Illmer

Email: Rick.Illmer@huschblackwell.com  

 

or to such other address as either party
may have furnished to the other in writing in accordance herewith, except that notices of change of address shall be effective
only upon receipt.

 

 

 

 

 

    	 	8	 

     

    

 

15.             
SECTION HEADINGS; INCONSISTENCY. The section headings used
in this Agreement are included solely for convenience and shall not affect, or be used in connection with, the interpretation of
this Agreement. In the event of any inconsistency between the terms of this Agreement and any form, award, plan or policy of the
Company, the terms of this Agreement shall govern and control.

 

16.             
SEVERABILITY. The provisions of this Agreement shall be
deemed severable. The invalidity or unenforceability of any provision of this Agreement in any jurisdiction shall not affect the
validity, legality or enforceability of the remainder of this Agreement in such jurisdiction or the validity, legality or enforceability
of any provision of this Agreement in any other jurisdiction, it being intended that all rights and obligations of the parties
hereunder shall be enforceable to the fullest extent permitted by applicable law.

 

17.             
COUNTERPARTS. This Agreement may be executed in several
counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument.

 

18.             
GOVERNING LAW; JURISDICTION. This Agreement, the rights and obligations of the parties hereto, and all
claims or disputes relating thereto, shall be governed by and construed in accordance with the laws of the State of Texas, without
regard to the choice of law provisions thereof. Each of the parties agrees that any dispute between the parties shall be resolved,
and all Proceedings (as defined below) shall be submitted and heard only in the courts of the State of Texas or the United States
District Court of Texas and the appellate courts having jurisdiction of appeals in such courts. In that context, and without limiting
the generality of the foregoing, each of the parties hereto irrevocably and unconditionally (a) submits in any proceeding relating
to this Agreement or the Employee’s employment by the Company or any affiliate, or for the recognition and enforcement of
any judgment in respect thereof (a “Proceeding”), to the exclusive jurisdiction of the courts of the State of
Texas, the court of the United States of America for the District of Texas, and appellate courts having jurisdiction of appeals
from any of the foregoing, and agrees that all claims in respect of any such Proceeding shall be heard and determined in such Texas
State court or, to the extent permitted by law, in such federal court, (b) consents that any such Proceeding may and shall be brought
in such courts and waives any objection that the Employee or the Company may now or thereafter have to the venue or jurisdiction
of any such Proceeding in any such court or that such Proceeding was brought in an inconvenient court and agrees not to plead or
claim the same, (c) waives all right to trial by jury in any Proceeding (whether based
on contract, tort or otherwise) arising out of or relating to this Agreement or the Employee’s employment by the Company
or any affiliate of the Company, or the Employee’s or the Company’s performance under, or the enforcement of, this
Agreement, (d) agrees that service of process in any such Proceeding may be effected by mailing a copy of such process by
registered or certified mail (or any substantially similar form of mail), postage prepaid, to such party at the Employee’s
or the Company’s address as provided in Section 14 hereof, and (e) agrees that nothing in this Agreement shall affect
the right to effect service of process in any other manner permitted by the laws of the State of Texas. Except as provided in Section
10(g) hereof, the parties acknowledge and agree that in connection with any dispute hereunder, each party shall pay all of
its own costs and expenses, including, without limitation, its own legal fees and expenses.

 

19.             
MISCELLANEOUS. No provision of this Agreement may be modified, waived or discharged unless such waiver,
modification or discharge is agreed to in writing and signed by the Employee and such officer or director of the Company (with
the approval of the Board). No waiver by either party hereto at any time of any breach by the other party hereto of, or compliance
with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar
provisions or conditions at the same or at any prior or subsequent time. This Agreement together with all exhibits hereto (if any)
sets forth the entire agreement of the parties hereto in respect of the subject matter contained herein and supersedes any and
all prior agreements or understandings between the Employee and the Company with respect to the subject matter hereof; provided,
however that the provisions of Section 10 are in addition to, and not in lieu of, any other restrictive provisions and covenants
in favor of the Company or its affiliates by which the Employee is otherwise bound. No agreements or representations, oral or otherwise,
express or implied, with respect to the subject matter hereof have been made by either party which are not expressly set forth
in this Agreement.

 

20.             
REPRESENTATIONS. The Employee represents and warrants to the Company that (a) the Employee has the legal
right to enter into this Agreement and to perform all of the obligations on the Employee’s part to be performed hereunder
in accordance with its terms, and (b) the Employee is not a party to any agreement or understanding, written or oral, and is not
subject to any restriction, which, in either case, could prevent the Employee from entering into this Agreement or performing all
of the Employee’s duties and obligations hereunder.

 

 

 

    	 	9	 

     

    

 

21.             
TAX MATTERS.

 

(a)              
WITHHOLDING. The Company may withhold from any and all
amounts payable under this Agreement or otherwise such federal, state and local taxes as may be required to be withheld pursuant
to any applicable law or regulation.

 

(b)              
SECTION 409A COMPLIANCE.

 

(i)               The intent of the parties is that payments and benefits under this Agreement comply with Internal Revenue Code Section
409A and the regulations and guidance promulgated thereunder (collectively “Code Section 409A”) and, accordingly,
to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith. To the extent that any provision
hereof is modified in order to comply with Code Section 409A, such modification shall be made in good faith and shall, to the maximum
extent reasonably possible, maintain the original intent and economic benefit to the Employee and the Company of the applicable
provision without violating the provisions of Code Section 409A. In no event whatsoever shall the Company be liable for any additional
tax, interest or penalty that may be imposed on the Employee by Code Section 409A or damages for failing to comply with Code Section
409A.

 

(ii)             
A termination of employment shall not be deemed to have occurred for purposes of any provision of this Agreement
providing for the payment of any amount or benefit upon or following a termination of employment unless such termination is also
a “separation from service” within the meaning of Code Section 409A and, for purposes of any such provision of this
Agreement, references to a “termination,” “termination of employment” or like terms shall mean “separation
from service.” Notwithstanding anything to the contrary in this Agreement, if the Employee is deemed on the date of termination
to be a “specified employee” within the meaning of that term under Code Section 409A(a)(2)(B), then with regard to
any payment or the provision of any benefit that is considered “nonqualified deferred compensation” under Code Section
409A payable on account of a “separation from service,” such payment or benefit shall not be made or provided until
the date which is the earlier of (A) the expiration of the six (6)-month period measured from the date of such “separation
from service” of the Employee, and (B) the date of the Employee’s death, to the extent required under Code Section
409A. Upon the expiration of the foregoing delay period, all payments and benefits delayed pursuant to this Section 21(b)(ii)
(whether they would have otherwise been payable in a single sum or in installments in the absence of such delay) shall be paid
or reimbursed to the Employee in a lump sum, and all remaining payments and benefits due under this Agreement shall be paid or
provided in accordance with the normal payment dates specified for them herein.

 

(iii)           
To the extent that reimbursements or other in-kind benefits under this Agreement constitute “nonqualified deferred
compensation” for purposes of Code Section 409A, (A) all expenses or other reimbursements hereunder shall be made on or prior
to the last day of the taxable year following the taxable year in which such expenses were incurred by the Employee, (B) any right
to reimbursement or in-kind benefits shall not be subject to liquidation or exchange for another benefit, and (C) no such reimbursement,
expenses eligible for reimbursement, or in-kind benefits provided in any taxable year shall in any way affect the expenses eligible
for reimbursement, or in-kind benefits to be provided, in any other taxable year.

 

(iv)            
For purposes of Code Section 409A, the Employee’s right to receive installment payments pursuant to this Agreement
shall be treated as a right to receive a series of separate and distinct payments. Whenever a payment under this Agreement specifies
a payment period with reference to a number of days, the actual date of payment within the specified period shall be within the
sole discretion of the Company.

 

(v)              
Notwithstanding any other provision of this Agreement to the contrary, in no event shall any payment or benefit under
this Agreement that constitutes “nonqualified deferred compensation” for purposes of Code Section 409A be subject to
offset by any other amount unless otherwise permitted by Code Section 409A.

 

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BLANK]

 

 

 

 

    	 	10	 

     

    

 

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

 

 

 

BLACK RIDGE OIL & GAS INC.,
to be known as SOW GOOD INC.

 

 

 

By: /s/ Ira Goldfarb                             

Name: Ira Goldfarb

Title: Executive Chairman

 

 

 

EMPLOYEE

 

 

/s/ Brad Burke                                    

Brad Burke

   

 

 

 

 

 

    	 	11	 

     

    

 

EXHIBIT A

 

ACTIONS REQUIRING APPROVAL OF THE
EXECUTIVE CHAIRMAN OR CEO

 

1.     
Selection and removal of any member of senior management of, the Company, or any of its subsidiaries, and prescription of
powers and duties for them that are inconsistent with applicable laws or the governing documents of the Company and/or the relevant
subsidiary.

 

2.     
Issuance, sale, exchange, redemption, cancellation or purchase of equity securities or options of the Company or any of
its subsidiaries from time to time.

 

3.     
Declaration of any dividends or distributions with respect to the equity securities of the Company or any of its subsidiaries.

 

4.     
Adoption of, amendment of or deviations from, annual administrative, capital and operating budgets for the Company and its
subsidiaries (“Annual Business Plan”).

 

5.     
Sale by the Company or its subsidiaries of any real property or other assets which other assets have a net book value or
fair market value of more than $50,000, other than sales in the ordinary course of business (such as inventory and exchange of
capital equipment) or sales made in accordance with budgets approved pursuant to item 4 above.

 

6.     
Entering into leases affecting the property of the Company or its subsidiaries, other than leases made in accordance with
budgets approved in accordance with item 4 above; or, any commitment, in excess of budgeted levels or unbudgeted, made by the Company
or its subsidiaries involving more than $25,000.

 

7.     
Adoption of any unbudgeted annual bonus or long term compensation plan applicable (cash or stock) to employees or service
providers of the Company or any of its subsidiaries and specific approval of payments of cash or options under these plans to any
member of senior management of the Company or any of its subsidiaries.

 

8.     
Any base compensation payable to an employee or service provider of the Company or any of its subsidiaries which exceeds
$50,000 for such person on an annual basis, other than compensation paid in accordance with budgets approved (i.e. new hires related
to identified open positions) in accordance with item 4 above.

 

9.     
Annual increases in compensation or determination of annual bonus compensation for any member of senior management of the
Company or any of its subsidiaries.

 

10. 
Settlement by the Company or its subsidiaries of any legal claim involving payment or forbearance in excess of $25,000.

 

11. 
Establishment and adoption of corporate policy regarding environmental and political issues or any deviation or amendment
of such adopted policies.

 

12. 
Any contract or other transaction between the Company or its subsidiaries, on the one hand, and one or more of their respective
affiliates, directors, officers, employees or any entity in which any such affiliates, directors, officers and employees have a
financial interest, on the other hand, or any breach or failure to comply by the Applicable S-FDF Company or its subsidiaries with
respect to any such contract with Employee or its affiliates.

 

 

 

 

 

    	 	A-1	 

     

    

 

13. 
Any contract or other transaction that involves payment to or payment by the Company or its subsidiaries of more than $25,000,
other than contracts or transactions made in accordance with budgets approved in accordance with item 4 above.

 

14. 
Material changes in credit agreements or refinancing and the initiation of new loans or collateralized obligations.

 

15. 
Purchase of/agreement to any hedging transactions (currency, interest rate, etc.).

 

16. 
Except pursuant to the Annual Business Plan, establishment of any expense accounts and the amounts thereof for any employee
of the Company or any of its subsidiaries in excess of $25,000.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	A-2	 

     

    

 

EXHIBIT B

 

GENERAL RELEASE

 

I, Brad Burke, in consideration
of and subject to the performance by SOW GOOD INC., a Nevada Corporation (together with its subsidiaries, the “Company”),
of its obligations under the Employment Agreement dated as of [●] (the “Agreement”), do hereby
release and forever discharge as of the date hereof the Company and its respective affiliates, subsidiaries and direct or indirect
parent entities and all present, former and future directors, officers, agents, representatives, employees, shareholders, partners,
members, trustees, attorneys, fiduciaries, predecessors, successors and assigns of the Company and/or its respective affiliates,
subsidiaries and direct or indirect parent entities, both individually and in their official capacities (collectively, the “Released
Parties”) to the extent provided below (this “General Release”). The Released Parties are intended
to be third-party beneficiaries of this General Release, and this General Release may be enforced by each of them in accordance
with the terms hereof in respect of the rights granted to such Released Parties hereunder. Terms used herein but not otherwise
defined shall have the meanings given to them in the Agreement.

 

1.                 
I understand that any payments or benefits paid or granted to me under Section 8 of the Agreement represent, in part, consideration
for signing this General Release and are not salary, wages or benefits to which I was already entitled. I understand and agree
that I will not receive certain of the payments and benefits specified in Section 8 of the Agreement unless I execute this General
Release and do not revoke this General Release within the time period permitted hereafter. Such payments and benefits will not
be considered compensation for purposes of any employee benefit plan, program, policy or arrangement maintained or hereafter established
by the Company or its affiliates.

 

2.                 
Except as provided in paragraphs 4 and 5 below and except for the provisions of the Agreement which expressly survive the
termination of my employment with the Company, I knowingly and voluntarily (for myself, my heirs, executors, administrators and
assigns) release and forever discharge the Company and the other Released Parties from any and all claims, suits, controversies,
actions, causes of action, cross-claims, counterclaims, demands, debts, compensatory damages, liquidated damages, punitive or exemplary
damages, other damages, claims for costs and attorneys’ fees, or liabilities of any nature whatsoever in law and in equity,
both past and present (through the date that this General Release becomes effective and enforceable) and whether known or unknown,
suspected, or claimed against the Company or any of the Released Parties which I, my spouse, or any of my heirs, executors, administrators
or assigns, may have, by reason of any matter, cause, or thing whatsoever, from the beginning of my initial dealings with the Company
to the date of this General Release, and particularly, but without limitation of the foregoing general terms, any claims arising
from or relating in any way to my employment relationship with the Company, the terms and conditions of that employment relationship,
and the termination of that employment relationship (including, without limitation, any allegation, claim or violation, arising
under: Title VII of the Civil Rights Act of 1964, as amended; the Civil Rights Act of 1991; the Age Discrimination in Employment
Act of 1967, as amended (including, without limitation, the Older Workers Benefit Protection Act); the Equal Pay Act of 1963, as
amended; the Americans with Disabilities Act of 1990; the Family and Medical Leave Act of 1993; the Worker Adjustment Retraining
and Notification Act; the Employee Retirement Income Security Act of 1974; any applicable Executive Order Programs; the Fair Labor
Standards Act; or their state or local counterparts; or under any other federal, state or local civil or human rights law, or under
any other local, state, or federal law, regulation or ordinance; or under any public policy, contract or tort, or under common
law; or arising under any policies, practices or procedures of the Company; or any claim for wrongful discharge, breach of contract,
infliction of emotional distress, defamation; or any claim for costs, fees, or other expenses, including, without limitation, attorneys’
fees incurred in these matters) (all of the foregoing collectively referred to herein as the “Claims”).

 

3.                 
I represent that I have made no assignment or transfer of any right, claim, demand, cause of action, or other matter covered
by paragraph 2 above.

 

4.                 
I agree that this General Release does not waive or release any rights or claims that I may have under the Age Discrimination
in Employment Act of 1967 which arise after the date I execute this General Release. I acknowledge and agree that my separation
from employment with the Company in compliance with the terms of the Agreement shall not serve as the basis for any claim or action
(including, without limitation, any claim under the Age Discrimination in Employment Act of 1967).

 

 

 

 

    	 	B-1	 

     

    

 

5.                 
I agree that I hereby waive all rights to sue or obtain equitable, remedial or punitive relief from any or all Released
Parties of any kind whatsoever in respect of any Claim, including, without limitation, reinstatement, back pay, front pay, and
any form of injunctive relief. Notwithstanding the above, I further acknowledge that I am not waiving and am not being required
to waive any right that cannot be waived under law, including, without limitation, the right to file an administrative charge or
participate in an administrative investigation or proceeding; provided, however, that I disclaim and waive any right
to share or participate in any monetary award resulting from the prosecution of such charge or investigation or proceeding. Additionally,
I am not waiving (i) any right to the Accrued Benefits or any severance benefits to which I am entitled under the Agreement, (ii)
any claim relating to directors’ and officers’ liability insurance coverage or any right of indemnification under the
Company’s organizational documents or otherwise, (iii) my rights as an equity or security holder in the Company or its affiliates
or (iv) my rights under the Purchase Agreement.

 

6.                 
In signing this General Release, I acknowledge and intend that it shall be effective as a bar to each and every one of the
Claims hereinabove mentioned or implied. I expressly consent that this General Release shall be given full force and effect according
to each and all of its express terms and provisions, including, without limitation, those relating to unknown and unsuspected Claims
(notwithstanding any state or local statute that expressly limits the effectiveness of a general release of unknown, unsuspected
and unanticipated Claims), if any, as well as those relating to any other Claims hereinabove mentioned or implied. I acknowledge
and agree that this waiver is an essential and material term of this General Release and that without such waiver the Company would
not have agreed to the terms of the Agreement. I further agree that in the event I should bring a Claim seeking damages against
the Company, or in the event I should seek to recover against the Company in any Claim brought by a governmental agency on my behalf,
this General Release shall serve as a complete defense to such Claims to the maximum extent permitted by law. I further agree that
I am not aware of any pending claim of the type described in paragraph 2 above as of the execution of this General Release.

 

7.                 
I agree that neither this General Release, nor the furnishing of the consideration for this General Release, shall be deemed
or construed at any time to be an admission by the Company, any Released Party or myself of any improper or unlawful conduct.

 

8.                 
I agree that if I violate this General Release by suing the Company or the other Released Parties, I will pay all costs
and expenses of defending against the suit incurred by the Released Parties, including, without limitation, reasonable attorneys’
fees.

 

9.                 
I agree that, except to the extent that disclosure is otherwise required by applicable law, rule or regulation, this General
Release and the Agreement are confidential and agree not to disclose any information regarding the terms of this General Release
or the Agreement, except to my immediate family and any tax, legal or other counsel that I have consulted regarding the meaning
or effect hereof or as required by law, and I will instruct each of the foregoing not to disclose the same to anyone.

 

10.             
Any non-disclosure provision in this General Release does not prohibit or restrict me (or my attorney) from responding to
any inquiry about this General Release or its underlying facts and circumstances by the Securities and Exchange Commission (SEC),
the Financial Industry Regulatory Authority (FINRA), any other self-regulatory organization or any governmental entity.

 

11.             
I hereby acknowledge that Sections 8 through 21 of the Agreement shall survive my execution of this General Release.

 

 

 

 

    	 	B-2	 

     

    

 

12.             
I represent that I am not aware of any claim by me other than the claims that are released by this General Release. I acknowledge
that I may hereafter discover claims or facts in addition to or different than those which I now know or believe to exist with
respect to the subject matter of the release set forth in paragraph 2 above and which, if known or suspected at the time of entering
into this General Release, may have materially affected this General Release and my decision to enter into it.

 

13.             
Notwithstanding anything in this General Release to the contrary, this General Release shall not relinquish, diminish, or
in any way affect any rights or claims arising out of any breach by the Company or by any Released Party of the Agreement after
the date hereof.

 

14.             
Whenever possible, each provision of this General Release shall be interpreted in, such manner as to be effective and valid
under applicable law, but if any provision of this General Release is held to be invalid, illegal or unenforceable in any respect
under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other
provision or any other jurisdiction, but this General Release shall be reformed, construed and enforced in such jurisdiction as
if such invalid, illegal or unenforceable provision had never been contained herein.

 

BY SIGNING THIS GENERAL RELEASE,
I REPRESENT AND AGREE THAT:

 

		1.	I HAVE READ IT CAREFULLY;

 

		2.	I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING, WITHOUT
LIMITATION, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964,
AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990, AND THE EMPLOYEE RETIREMENT INCOME SECURITY
ACT OF 1974, AS AMENDED;

 

		3.	I VOLUNTARILY CONSENT TO EVERYTHING IN IT;

 

		4.	I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER
CAREFUL READING AND CONSIDERATION, I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION;

 

		5.	I HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS RELEASE TO CONSIDER IT, AND THE
CHANGES MADE SINCE MY RECEIPT OF THIS RELEASE ARE NOT MATERIAL OR WERE MADE AT MY REQUEST AND WILL NOT RESTART THE REQUIRED 21-DAY
PERIOD;

 

		6.	I UNDERSTAND THAT I HAVE SEVEN (7) DAYS AFTER THE EXECUTION OF THIS RELEASE TO REVOKE IT AND THAT
THIS RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED;

 

		7.	I HAVE SIGNED THIS GENERAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL
RETAINED TO ADVISE ME WITH RESPECT TO IT; AND

 

		8.	I AGREE THAT THE PROVISIONS OF THIS GENERAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED
EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY (WITH PRIOR CONSENT BY THE BOARD) AND
BY ME.

 

SIGNED: /s/ Brad
Burke                                                
DATED: December 28, 2020

Brad Burke

 

 

 

 

 

    	 	B-3

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