Document:

Exhibit
10.6

 

DEVELOPMENT
STOCK ISSUANCE AGREEMENT

 

This
Development Stock Issuance Agreement (“Agreement”) is entered into as of the 29th day of November, 2018
by and between Electromedical Technologies, Inc., a Delaware corporation (the “Company”), and E-Business International,
Inc., a Oregon company, (“EBI”).

 

NOW
THEREFORE, in consideration of the mutual covenants and agreements set forth herein, and for other good and valuable consideration,
the receipt and adequacy of which is hereby acknowledged, the parties hereby agree as follows:

 

	 	1.	ISSUANCE OF
    SHARES. In consideration of the services to be provided pursuant to Addendum A attached hereto, the Company hereby
    agrees to issue EBI a to be determined amount of restricted shares of the Company’s common stock (the “Shares”)
    which Shares will be valued at $0.71 per share.

 

	 	2.	COMPETION
    OF THE PROJECT. As consideration for the Shares, EBI agrees to provide design and development for the Company’s
    new Wellness Pro Pod Bioelectronics device and accessories in accordance with Addendum A “Design and Manufacturing Electromedical
    Technologies WellnessPro PODTM and Accessories and Product Development” attached hereto and incorporated herein
    by reference, and to complete the project in accordance with Addendum A. All intellectual property, including and electronic
    and written files, software, firm ware and technical files shall be the sole and exclusive property of the Company and delivered
    to the Company upon request.

 

	 	3.	DELIVERY AND
    CONSIDERATION FOR THE SHARES. EBI will invoice the Company for the services at a rate which is mutually agreed to
    by EBI and the Company and which is equivalent to reasonable compensation pursuant to industry standards. Unless agreed to
    in writing by the Company and EBI, the total of the invoices shall not exceed US$100,000. The Shares to be delivered will
    be determined when EBI delivers a completed and working prototype as provided for in Attachment A. If the 247,565 shares previously
    issued to EBI are worth less than the amount previously owed plus the amount owed under this Agreement, the Company will issue
    an additional amount of shares to make them whole at the then present stock price.

 

	 	4.	CERTAIN ADJUSTMENTS.
    If prior to the issuance of the Shares, the Company, (i) pays a stock dividend or otherwise makes a distribution or
    distributions payable in shares of Common Stock on shares of Common Stock or any Common Stock Equivalents (which, for the
    avoidance of doubt, shall not include any shares of Common Stock issued by the Company pursuant to this Agreement, (ii) subdivides
    outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split)
    outstanding shares of Common Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of shares
    of the Common Stock, any shares of capital stock of the Company, then the purchase price of $0.71 per share shall be multiplied
    by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Company)
    outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding
    immediately after such event. Any adjustment made pursuant to this section) shall become effective immediately after the record
    date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately
    after the effective date in the case of a subdivision, combination or re-classification. Furthermore, if at the time EBI elects
    to have the restrictive legend removed from the shares, the average trading price of the Company’s common stock over
    the last twenty (20) days is less than $0.71 per share, the number of shares issued shall be adjusted such that the Shares
    shall be worth the amount invoiced and agreed to for the services.

 

    Page 1 of 5 

     

    

	 	5.	DISCLOSURE.
    In accepting the Shares in full payment in the amount owed to it, EBI acknowledges the following:

 

	 	3.1	The Company has
    made available to EBI, or to EBI’s attorney, accountant or representative, all documents that EBI has requested and
    EBI has requested all documents and other information that EBI has deemed necessary or appropriate for purposes of evaluating
    the Shares in full payment for the amount owed to it by the Company.

 

	 	3.2	The Company has
    provided satisfactory answers to all questions concerning the Shares.

 

	 	3.3	EBI has carefully
    considered and has, to the extent EBI believes such discussion necessary, discussed with EBI’s professional legal, tax
    and financial advisers the suitability of accepting the Shares in full satisfaction of the amount owed for EBI’s services.

 

	 	3.4	EBI has read all
    of the Company’s filings on the SEC’s Edgar website and EBI acknowledges that it fully understands all the disclosures
    including the Company’s business plan in those filings.

 

	 	6.	OTHER SECURITIES ISSUES. EBI represents
    and warrants to the Company that:

 

	 	6.1	Risk of Loss.
    EBI recognizes that the Company is not a reporting Company with the SEC, and its stock is not yet listed for trading on any
    medium.

 

	 	6.2	Investment Intent. EBI certifies that
    it is acquiring the Shares for investment and for its own account and not on behalf of any other person.

 

	 	6.3	No Registration.
    EBI acknowledges and understands that the Shares (a) have not been registered under either federal or state securities laws,
    and (b) are being issued EBI pursuant to exemptions from registration under the Securities Act of 1933 and comparable state
    securities exemptions.

 

	 	6.4	Limited Reliance.
    EBI has relied solely on the information contained in this Agreement and its own investigation of the Company in making a
    decision to acquire the Shares. EBI has not relied on any representations or warranties made by anyone apart from those set
    forth in this Agreement.

 

    Page 2 of 5 

     

    

	 	6.5	Legend. EBI
    consents to the placement of a legend on the certificates, if any, that represent the Securities in substantially the following
    form:

 

“THE
SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 NOR REGISTERED NOR QUALIFIED
UNDER ANY STATE SECURITIES LAWS. SUCH SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, DELIVERED AFTER SALE, TRANSFERRED, PLEDGED,
OR HYPOTHECATED UNLESS QUALIFIED AND REGISTERED UNDER APPLICABLE STATE AND FEDERAL SECURITIES LAWS OR UNLESS, IN THE OPINION OF
COUNSEL REASONABLY SATISFACTORY TO THE CORPORATION, SUCH QUALIFICATION AND REGISTRATION IS NOT REQUIRED.”

 

and
any other legend the Company determines is authorized or required pursuant to this Agreement. This restrictive legend shall remain
of the certificate for a period of one year, after which the shares may be available for legend removal and only after the legend
is removed, may be traded without restriction.

 

	 	7.	GOVERNING
    LAW/JURISDICTION. This Agreement shall be exclusively governed by and construed in accordance with the laws of the
    State of Arizona. If any action is brought between the parties with respect to this Agreement or otherwise, by way of a claim
    or counterclaim, the parties agree that in any such action, and on all issues related to this Agreement or otherwise, the
    parties irrevocably waive their right to a trial by jury. Exclusive jurisdiction and venue for any such action shall be the
    State Courts of Arizona. In the event suit or action is brought by any party under this Agreement to enforce any of its terms,
    or in any appeal therefrom, it is agreed that the prevailing party shall be entitled to reasonable attorney’s fees at
    trial and all appellate levels. The Parties further acknowledge that they will accept service of process by registered or
    certified mail or the equivalent directed to their last known address as determined by the other Party in accordance with
    this agreement or by whatever other means are permitted by such courts. The Parties further acknowledge that said court has
    exclusive jurisdiction over any such dispute or controversy, and that they hereby waive any objection to personal jurisdiction
    or venue in this court or that such court is an inconvenient forum.

 

	 	8.	GENERAL PROVISIONS.
    This Agreement is binding upon EBI, and its successors and assigns. If any portion of this Agreement is held to be invalid,
    the remaining terms of this Agreement shall remain in full force and effect to the extent possible. This Agreement constitutes
    the entire agreement of the parties, and supersedes all previous agreements, written or oral, with regard to the amount owed
    to EBI and the Shares. Any agreement to waive or modify any term of this Agreement must be in writing signed by both parties.
    This Agreement may be executed in two or more counterparts, all of which shall constitute but one and the same instrument.

 

    Page 3 of 5 

     

    

	 	9.	NOTICES.
    Any and all notices and other communications required or permitted to be given pursuant to this Agreement shall be in writing
    and shall be deemed to have been duly given (a) when delivered by hand; (b) when emailed; (c) two days after having been delivered
    to Federal Express, DHL, UPS, Airborne or another recognized overnight courier or delivery service, 8 when delivered by facsimile
    transmission, provided that an original copy of such transmission shall be sent by first class mail, postage prepaid; or (d)
    five days after having been deposited into the United States mail, by registered or certified mail, return receipt requested,
    postage prepaid, to the respective parties at their respective addresses or to their respective facsimile telephone numbers,
    as follow:

 

	If to
    the Company:	Electromedical Technologies,
    Inc.
	 	Atten: Matthew N. Wolfson, CEO
	 	16561 N 92nd Street
	 	Suite 101
	 	Scottsdale, AZ 85260
	 	ceo@electromedtech.com
	 	 
	With a copy to:	Eric P. Littman, Esquire
	 	Eric P. Littman, P.A.
	 	7695 SW 104th Street
	 	Suite 201
	 	Miami, FL 33156
	 	Email: littmanlaw@gmail.com
	 	 
	If to EBI:	E-Business International, Inc.
	 	Atten: Dr. George Want
	 	15244 N.W. Greenbrier Parkway
	 	Beaverton, OR 97006
	 	Email: George.wang@e-bi.com

 

    Page 4 of 5 

     

    

	AGREED to the date written
    above.	 
	 	 
	ELECTROMEDICAL TECHNOLOGIES,
    INC. 	 
	 	 
	By:	 	 
	 	Matthew N. Wolfson, CEO	 
	 	 
	E-BUSINESS INTERNATIONAL, INC.,	 
	 	 
	By:	 	 
	 	Dr. George Want, CEO	 

 

    Page 5 of 5Exhibit
10.7

 

Consulting
Agreement

 

This
consulting agreement (the “Agreement”) is made and entered on this day 1“ day of July, 2019 (the “Effective
Date”) by and between Brenda Andrews (hereinafter referred to as the “Consultant”) and Electromedical Technologies,
Inc. (hereinafter referred to as the “Client”).

 

	1.	Services

 

The
Consultant will provide strategic business services to the Client, which may include: Assisted on the MLM Program and Provided
Content, Website design

 

	2.	Compensation and Reimbursement of Expenses

 

The
Client agrees to pay the Consultant a fixed fee of ten thousand (10,000) restricted common shares for the services provided. This
fee shall cover services pursuant to Section 1 of this Agreement. The total amount owed per this agreement shall be deemed earned
in full on September 30, 2019. For purposes of this agreement, the shares are valued at $0.71 per share.

 

The
Consultant will maintain adequate documentation and records to support all costs invoiced to the Client including receipts for
travel related expenses however, such expenses must be approved by the Client prior to being incurred by Consultant.

 

Payments
made by the Client to the Consultant will not deduct any taxes and the Client will provide the Consultant with IRS Form 1099 at
the end of each calendar year. For purposes of issuing IRS Form 1099, the Consultant will provide a social security number upon
execution of his agreement.

 

The
shares of Common Stock provided for a compensation to Consultant may not be sold or transferred unless:

 

	(i)	such shares are
    sold pursuant to an effective registration statement under the Act or (ii) the Consultant or its transfer agent shall have
    been furnished with an opinion of counsel (which opinion shall be in form, substance and scope customary for opinions of counsel
    in comparable transactions) to the effect that the shares to be sold or transferred may be sold or transferred pursuant to
    an exemption from such registration (iii) such shares are sold or transferred pursuant to Rule 144 under the Act (or a successor
    rule) (“Rule 144”).

 

The
certificate for shares of Common Stock has not been so included in an effective registration statement or that has not been sold
pursuant to an effective registration statement or an exemption that permits removal of the legend, shall bear a legend substantially
in the following form, as appropriate:

 

“NEITHER
THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE EXERCISABLE
HA VE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT
BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE SELECTED BY THE HOLDER), IN
A GENERALLY ACCEPTABLE FORM, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD PURSUANT TO RULE 144 OR RULE
144A UNDER SAID ACT. NOTWITHSTANDING THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT
OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE SECURITIES.”

 

     

     

    

	3.	Term and Termination

 

This
agreement will commence on the effective date set forth and continue for a period of three months from the effective date unless
terminated earlier. Either party may terminate this agreement at any time upon thirty-day (30) notification. The Client may at
its option agree to renew, extend and revise this agreement prior to its expiration.

 

	4.	Confidential Information

 

Both
parties acknowledge that there is an exchange of confidential and proprietary information associated with this agreement. Confidential
and proprietary information may include documents, communications, plans, processes, formulations, data, know-how, financial information,
techniques, methods, customers, suppliers, partners, patents, trademarks, designs, and other forms of tangible or intangible artifacts
owned by the Client. Confidential and proprietary information does not include information within the public domain, information
that has been publicly known prior to the execution of this agreement, or information that the Consultant developed independent
of any confidential information.

 

The
Consultant will not divulge, disseminate, publish or otherwise disclose any information without the prior consent of the Client.
The Consultant will not use any information for purposes other than the performance of services described in this agreement. The
Client agrees to not disclose confidential information to the Consultant except to the extent that the Consultant requires this
information to fulfill the obligations within this agreement.

 

If
the Client has any concerns over the sharing of sensitive information and requires additional control measures, the Consultant
will establish secured means of information sharing that are mutually agreeable to both parties. These control measures may include
restricting who can copy, print, or change documents during the course of the engagement.

 

     

     

    

	5.	Indemnification

 

Notwithstanding
other provisions of this agreement, the Client shall indemnify, defend and hold harmless the Consultant against claims, liabilities,
damages, losses or other obligations which may arise from this agreement.

 

2

 

	6.	Relationship of Parties

 

The
parties agree that this agreement creates an independent contractor relationship, not an employment relationship. Neither party
is, nor shall claim to be, a legal agent, representative, partner, or employee of the other, and neither shall have the right
or authority to contract in the name of the other, nor shall it assume or create any obligations, debts, accounts or liabilities
for the other.

 

	7.	Role of the Consultant

 

The
Consultant will not make management decisions on behalf of the Client. The role of the Consultant shall be advisory in nature
with no perceived conflicts of interest prior to, during or after the engagement with the Client. This role will also extend to
any third parties that the Consultant may use during the course of the engagement.

 

	8.	Reliance on Client Provide Information

 

Regarding
any information or material that the Company furnishes to Consultant or any other entity in connection with this Agreement, the
Company acknowledges and confirms that (1) Consultant will use and rely on such information and material without independently
verifying the same, (ii) Consultant does not assume responsibility for the accuracy or completeness of any of the information
or material, (iii) Consultant will not make any appraisal, evaluation or independent determination regarding such information
or material or the Company and (iv) Consultants shall not have any liability in connection with such information or material.
The Company represents to Consultant that the information and material to be furnished by the Company, when delivered, will be
true, complete and correct in all material respects and will not contain any material misstatement of fact or omit to state any
material fact necessary to make the statements contained therein not misleading. The Company shall promptly notify Consultants
if it learns of any material inaccuracy or misstatement in, or material omission from, any information or material delivered to
Consultant.

 

	9.	Quality Assurance and Control

 

In
an effort to ensure that the Consultant provides high quality work, the Client will assign the CEO of the Client company to review
and approve the work of the Consultant. In the event that the Consultant uses a third party, the Consultant is responsible for
the quality of the work delivered by the third party.

 

     

     

    

	10.	Non-Agent of Client

 

It
is understood that Consultant is not acting as agent or fiduciary of, and have no liabilities to, the equity holders of the Company
or any other third party in connection with this Agreement or any introductions, services or transactions hereunder, all of which
liabilities are expressly waived.

 

	11.	Clawback

 

The
compensation granted under this agreement are subject to the terms of the client’s recoupment, clawback or similar policy
as it may be in effect from time to time, as well as any similar provisions of applicable law, any of which could in certain circumstances
(e.g. failure to perform throughout the term, gross negligence, violation of State laws, violation of SEC regulations) require
repayment or forfeiture of compensation or any shares of Common Stock or other cash or property received.

 

	12.	Governing Law

 

This
Agreement shall be governed by and interpreted in accordance with the laws of the state of Arizona applicable to agreements negotiated,
executed and to be performed in the state, without regard to the choice or conflicts of law rules or principles of that state.
The parties hereto hereby consent to the jurisdiction of the state courts located in Scottdale, Arizona, over the parties and
any disputes, claims, actions, suits and proceeding relating to this agreement or the transactions contemplated herein.

 

	13.	NOTICES. All notices to be furnished pursuant
    to this Agreement shall be by email as follows:

 

If
to the Client:

 

Matthew
Wolfson Email: CEO@electromed.com

 

With
a copy to:

 

Eric
P. Littman, Esquire

 

Email:
littmanlaw@gmail.com

 

If
to Consultant:

 

Brenda
Andrews Email: iconology.studios.com

 

14.
Entire Agreement This agreement represents the entire understanding of the parties superseding all prior agreements, understandings
and discussions whether conveyed orally or in writing, and there are no other warranties, commitments, understandings or representations
with respect to this agreement.

 

I
represent that I have the authority to enter into this agreement:

 

BRENDA
ANDREWS ELECTROMEDICAL TECHNOLOGIES, INC.

 

Matthew
Wolfson, CEO

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