Document:

AMENDED
AND RESTATED CONSULTING AGREEMENT

 

This
Amended and Restated Consulting Agreement (the “Agreement”) is made and entered into this 24th day of July, 2018,
by and between Peach Management, LLC (hereinafter referred to as “Peach” or the “Consultant”), and GSRX
Industries Inc., formerly Green Spirit Industries Inc., a Nevada corporation, and its subsidiaries (hereinafter referred to as
the “Company”). The parties entered into that prior Consulting Agreement, dated January 1, 2018, as amended on March
9, 2018, and the parties now wish to amend and restate that agreement in its entirety as provided below.

 

WHEREAS,
the Company desires to engage Consultant as a consultant and in connection therewith to provide certain consulting services related
to the Company’s business and Consultant is willing to be engaged by the Company as a consultant and to provide such services,
on the terms and conditions set forth below; and

 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements contained herein, the receipt and sufficiency of which
are hereby acknowledged, the Company and Consultant agree as follows:

 

1.
CONSULTING

 

The
Company hereby retains Peach as an independent contractor; and Peach does hereby accept its position as an independent contractor
to the Company, upon the terms and conditions hereinafter set forth.

 

2.
DUTIES AND OBLIGATIONS:

 

	2.1	The
    Company hereby engages Consultant to perform the services relating to the business of the Company, including, but not
    limited to the services listed below (the “Services”)
	 	 
	a.	Assist
    the Company with daily management, operations and administration; 
	b.	Assist
    the Company in the creation, preparation and drafting of investor presentations;
	c.	Advancing
    and promoting the growth and success of the Company;
	d.	Assist
    the Company with research, acquisition and development of new sites or businesses; and 
	e.	Assist
    the Company with inventory selection and management.
	 	 
	2.2	The
    parties hereto acknowledge and agree that the Services to be provided are in the nature of advisory services only, and
    the Consultant does not have any ability to obligate or bind the  Company in any respect. 
	 	 
	2.3	The
    Consultant represents that it has the skills necessary to perform the Services hereunder. Consultant agrees to perform
    the services in a skillful and professional manner that is consistent with the Company’s policies and procedures.
    Consultant further agrees that in providing the  Services, it shall comply, in all respects, with instructions given
    by the Company. 

 

3.
COMPENSATION

 

In
consideration of the Services to be rendered by Consultant hereunder, the Company agrees to pay Peach the following: (i) a cash
fee in the amount of $10,000 per month, payable in accordance with the Company’s standard practices; and (ii) 15,000 restricted
shares of the Company’s common stock, par value $0.001 per share, payable quarterly.

 

    	 	 	 

    	 

    

 

4.
MEETING EXPENSES AND COSTS

 

Consultant
shall be entitled to prompt reimbursement by the Company for all reasonable ordinary and necessary for travel (and when traveling),
cell phone, supplies, fuel ($200 per month), entertainment, and other expenses incurred by Consultant during the term of this
Agreement, in the performance of his duties and responsibilities under this Agreement; provided, that Consultant shall obtain
prior pre-approval from the Company for such expenses.

 

5.
COMPANY’S DUTIES AND OBLIGATIONS

 

The
Company shall have the following duties and obligations under this Agreement:

 

5.1
Cooperate fully and timely with Peach in order to enable Peach to perform its obligations under this Agreement.

 

5.2
The Company will act diligently and promptly in reviewing materials submitted to it from time to time by Peach and inform Peach
of any inaccuracies of which it is aware contained therein prior to the dissemination of such materials. 

 

5.3
Give full disclosure of all material facts or information concerning the Company to Peach and update such information on a timely
basis.

 

6.
NONDISCLOSURE

 

Consultant
recognizes and acknowledges that by reason of Consultant’s retention by and service to the Company before, during and, if
applicable, after the Term (as defined below), Consultant will have access to certain confidential and proprietary information
relating to the Company’s business, which may include, but is not limited to, trade secrets, trade “know-how,”
product development techniques and plans, formulas, customer lists and addresses, financing services, funding programs, cost and
pricing information, marketing and sales techniques, strategy and programs, computer programs and software and financial information
(collectively referred to as “Confidential Information”). Consultant acknowledges that such Confidential Information
is a valuable and unique asset of the Company and Consultant covenants that it will not, and will take all reasonable efforts
to ensure that its officers, directors, employees and agents do not, unless expressly authorized in writing by the Company, at
any time during the Term (or any renewal Term) use any Confidential Information or divulge or disclose any Confidential Information
to any person or entity except in connection with the performance of Consultant’s duties for the Company and in a manner
consistent with the Company’s policies regarding Confidential Information. Consultant also covenants that at any time after
the termination of this Agreement, directly or indirectly, it will not, and will take all reasonable efforts to ensure that its
officers, directors, employees and agents do not, use any Confidential Information or divulge or disclose any Confidential Information
to any person or entity, unless such information is in the public domain through no fault of Consultant or except when required
to do so by a court of law, by any governmental agency having supervisory authority over the business of the Company or by any
administrative or legislative body (including a committee thereof) with jurisdiction to order Consultant to divulge, disclose
or make accessible such information. All written Confidential Information (including, without limitation, in any computer or other
electronic format) which comes into Consultant’s possession during the Term (or any renewal Term) shall remain the property
of the Company. Except as required in the performance of Consultant’s duties for the Company, or unless expressly authorized
in writing by the Company, the Consultant, its officers, directors, employees and agents shall not remove any Confidential Information
from the Company’s premises, except in connection with the performance of Consultant’s duties for the Company and
in a manner consistent with the Company’s policies regarding Confidential Information. Upon termination of this Agreement,
the Consultant agrees to return immediately to the Company all written Confidential Information (including, without limitation,
in any computer or other electronic format) in Consultant’s possession.

 

    	 	 	 

    	 

    

 

7.
INDEPENDENT CONTRACTOR

 

It
is understood and agreed that this Agreement does not create any relationship of association, partnership or joint venture between
the parties, nor constitute either party as the agent or legal representative of the other for any purpose whatsoever; and the
relationship of Consultant to the Company for all purposes shall be one of independent contractor. Neither party shall have any
right or authority to create any obligation or responsibility, express or implied, on behalf or in the name of the other, or to
bind the other in any manner whatsoever.

 

8.
INDEMNIFICATION

 

Consultant
will indemnify the Company and hold it harmless from and against all claims, damages, losses and expenses, including court costs
and reasonable fees and expenses of attorneys, expert witnesses and other professionals, arising out of or resulting from: (a)
any action by a third party against the Company that is based on any claim that any Services performed by Consultant under this
Agreement, or their results, infringe a patent, copyright or other proprietary right, misappropriate a trade secret or breach
an agreement; (b) any action by a third party that is based on any negligent act or omission or willful conduct of Consultant
and which results in: (i) any damage or destruction to tangible or intangible property (including computer programs and data)
or any loss of use resulting from the performance by the Consultant of the Services; or (ii) any violation by the Consultant of
any statute, law, ordinance or regulation; and (c) the Consultant’s failure to provide the Services in a manner that is
consistent with the policies and procedures of the Company.

 

9.
TERM 

 

Subject
to the provisions for termination hereinafter provided, the term of this Agreement shall commence on the date hereof (the “Effective
Date”) and shall continue on a month to month basis (the “Term”) unless either party provides the other party
with written notice of its intention not to continue this Agreement at least 30 days prior to the termination date.

 

Change
of Control. If following a Change of Control (defined below), Contractor’s engagement is terminated without Cause or
voluntarily terminated by Contractor, Contractor shall be entitled to receive, in lieu of any payment under paragraph 4, a lump
sum payment in the amount determined as follows: the product of (a) the then-current monthly consulting fee and (b) twenty-four
(24); such payment to be made within 3 business days of the date of such Change of Control.

 

For
purposes of this Agreement, the term “Change of Control” means the occurrence of one or more of the
following events:

 

(a)
the closing of a merger or consolidation of the Company with any corporation or other entity, other than a merger or consolidation
which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either
by renaming outstanding securities or by being converted into voting securities of the surviving entity) more than 50% of the
combined voting power of the voting securities of the Company or such surviving entity outstanding immediately after such merger
or consolidation;

 

    	 	 	 

    	 

    

 

(b)
a change in ownership of the Company through a transaction or series of transactions, such that any person or entity is or becomes
the beneficial owner, directly or indirectly, of stock or other securities of the Company representing 50% or more of the combined
voting power of the Company’s then outstanding stock or other securities;

 

(c)
the closing of any agreement for the sale or disposition of all or substantially all of the Company’s assets; or

 

(d)
a transfer of all or substantially all of the Company’s assets pursuant to a partnership or joint venture agreement where
the Company’s resulting interest is or becomes 50% or less.

 

10.
MISCELLANEOUS

 

	10.1.	Notices.
    Any notice or other communication required or permitted to be given hereunder shall be in writing, and shall be deemed to
    have been duly given when delivered personally or sent by registered or certified mail, return receipt request, postage prepaid
    to the parties hereto at their addresses indicated hereinafter. Either party may change his or its address for the purpose
    of this paragraph by written notice similarly given.
	 	 
	10.2	Entire
    Agreement. This Agreement represents the entire agreement between the Parties in  relation to its subject matter and
    supersedes and voids all prior agreements between such Parties  relation to such subject matter. 
	 	 
	10.3
    	Amendment
    of Agreement. This Agreement may be altered or amended, in whole or in part, only in writing signed by both parties.
    
	 	 
	10.4
    	Waiver.
    No waiver of any breach or condition of its Agreement shall be deemed to be a waiver of  any other subsequent breach
    or condition, whether of alike or different nature, unless such shall  be signed by the person making such waivers and/or
    which so provides by its terms. 
	 	 
	10.5
    	Captions.
    The captions appearing in this Agreement are inserted as matter of convenience and for reference and in no way affect this
    Agreement, define, limit or describe its scope or any of its provisions. 
	 	 
	10.6	Situs.
    This Agreement shall be governed by and construed in accordance with the laws of the  State of Texas, without reference
    to the conflict of Laws provisions thereof. 
	 	 
	10.7
    	Benefits;
    Assignment. This Agreement shall inure to the benefit of and be binding upon the  parties hereto, their successors and
    permitted assigns. This Agreement may not be assigned by  either party without the written consent of the other party.
    
	 	 
	10.8	Currency.
    In all instances, references to monies used in this Agreement shall be deemed to be  United States dollars.

 

This
Agreement may be executed in counterpart via email and/or by fax transmission, with each counterpart being deemed an original.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	 	 	 

    	 

    

 

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

 

GSRX
Industries Inc.

 

	By:
    	 	 	Date:	                              	 
	Title:
    	CEO	 	 	 	 
	Name:	Les
    Ball                    	 	 	 	 
	 	 	 	 	 	 
	CONFIRMED AND AGREED	 	 	 	 

 

	Peach Management, LLC	 
	 	 	 
	By:
    	 	 
	 	Christian Briggs, ManagerAMENDED
AND RESTATED EXECUTIVE CONSULTING AGREEMENT

 

THIS
EXECUTIVE CONSULTING AGREEMENT (the “Agreement”), is made and entered into as of the 24th day of July, 2018 (the “Effective
Date”), by and between GSRX Industries Inc., formerly Green Spirit Industries Inc., a Nevada corporation and its subsidiaries
(hereinafter referred to as the “Company”), and Thomas Gingerich (“Consultant”). The parties entered into
that prior Executive Consulting Agreement, dated March 27, 2018, and the parties now wish to amend and restate that agreement
in its entirety as provided below.

 

WHEREAS,
the Consultant has served as the Company’s Chief Financial Officer and Secretary since May 2017;

 

WHEREAS,
the Company and Consultant each desire to enter into this Agreement, pursuant to which the Company shall engage the Consultant
to provide services and to act as the Chief Financial Officer and Secretary of the Company, and to reflect the terms of Consultant’s
continued services and role with the Company on the terms and conditions set forth below;

 

NOW,
THEREFORE, in consideration of the mutual covenants and agreements contained herein, the receipt and sufficiency of which
are hereby acknowledged, the Company and Consultant agree as follows:

 

1.
Engagement. The Company hereby engages the Consultant to provide and to perform the duties and functions customarily performed
by, and have all the responsibilities customary to the role of Chief Financial Officer and Secretary of the Company and any of
its subsidiaries or affiliates from time to time (collectively, the “Services”), and such other duties reasonably
related thereto as may be assigned by the Company from time to time, and the Consultant hereby accepts such engagement by the
Company on the terms and subject to the conditions set forth in this Agreement.

 

2.
Duties of Consultant.

 

(a)
The Company hereby engages Consultant to perform the services listed on the attached Exhibit A (the “Services”)
during the Term (as defined below). Notwithstanding the foregoing, the Services shall not (unless the Consultant is appropriately
licensed, registered or there is an exemption available from such licensing or registration) include, directly or indirectly any
activities which require the Consultant to register as a broker-dealer under the Securities Exchange Act of 1934, as amended.

 

3.
Term. Subject to the provisions for termination hereinafter provided, the term of this Agreement shall commence on the
Effective Date and shall continue until terminated as provided herein (the “Term”).

 

4.
Compensation. In consideration of the Services to be rendered by Consultant hereunder, during the Term the Company agrees
to pay the Consultant as follows:

 

(a)
Payment. In consideration for the Services provided to the Company by the Consultant, the Company shall pay the Consultant
the following: (i) a cash fee of $10,000 per month, payable in accordance with the Company’s standard practices; and (ii)
15,000 restricted shares of the Company’s common stock, par value $0.001 per share, payable quarterly (the “Base Consulting
Fee”).

 

    	 

     

    

 

(b)
Annual Increase. The Base Consulting Fee may be adjusted from time to time, by mutual written agreement of the parties
to reflect, amongst other things cost of living increases and compensation paid to executive officers of companies similar to
the Company.

 

(c)
Bonus. As additional consideration for the Services provided by the Consultant during the Term, the Consultant shall be
entitled to receive additional, variable performance incentive bonuses in the form of cash or equity, the amount of which, if
any, shall be determined by the Board of Directors of the Company in its sole discretion.

 

5.
Expenses. Consultant shall be entitled to prompt reimbursement by the Company for all reasonable ordinary and necessary
travel, entertainment, and other expenses, including, but not limited to, cellular telephone expenses, incurred by Consultant
during the term of this Agreement, including any renewal or extension terms (in accordance with the policies and procedures established
by the Company) in the performance of his duties and responsibilities under this Agreement; provided, that Consultant shall properly
account for such expenses in accordance with Company policies and procedures.

 

6.
Termination. Either party may, in its discretion and at its option terminate this Agreement at any time upon thirty (30)
days’ written notice to the other party.

 

(a)
Change of Control. In the event that this Agreement is terminated due to a Change of Control (defined below) occurring
during the Term, then Consultant shall be entitled to receive, in lieu of any payment under Section 4 hereof, a lump sum payment
in the amount determined as follows: the product of (a) the then-current Base Consulting Fee and (b) twenty-four (24) months,
with such payment to be made within seven three (3) business days of the date of such Change of Control.

 

For
the purposes of this Agreement, the term “Change of Control” means the occurrence of one or more of the following
events:

 

		(i)	the
                                         closing of a merger or consolidation of the Company with any corporation or other entity,
                                         other than a merger or consolidation which would result in the voting securities of the
                                         Company outstanding immediately prior thereto continuing to represent (either by renaming
                                         outstanding securities or by being converted into voting securities of the surviving
                                         entity) more than 50% of the combined voting power of the voting securities of the Company
                                         or such surviving entity outstanding immediately after such merger or consolidation;

 

		(ii)	a
                                         change in ownership of the Company through a transaction or series of transactions, such
                                         that any person or entity is or becomes the beneficial owner, directly or indirectly,
                                         of stock or other securities of the Company representing 50% or more of the combined
                                         voting power of the Company’s then outstanding stock or other securities;

 

    	 

     

    

 

		(iii)	the
                                         closing of any agreement for the sale or disposition of all or substantially all of the
                                         Company’s assets; or

 

		(iv)	a
                                         transfer of all or substantially all of the Company’s assets pursuant to a partnership
                                         or joint venture agreement where the Company’s resulting interest is or becomes
                                         50% or less.

 

7.
Confidential Information. Consultant recognizes and acknowledges that by reason of Consultant’s retention by and
service to the Company before, during and, if applicable, after the Term, Consultant will have access to certain confidential
and proprietary information relating to the Company’s business, which may include, but is not limited to, trade secrets,
trade “know-how,” product development techniques and plans, formulas, customer lists and addresses, financing services,
funding programs, cost and pricing information, marketing and sales techniques, strategy and programs, computer programs and software
and financial information (collectively referred to as “Confidential Information”). Consultant acknowledges that such
Confidential Information is a valuable and unique asset of the Company and Consultant covenants that he will not, unless expressly
authorized in writing by the Company, at any time during the Term (or any renewal Term) use any Confidential Information or divulge
or disclose any Confidential Information to any person or entity except in connection with the performance of Consultant’s
duties for the Company and in a manner consistent with the Company’s policies regarding Confidential Information. Consultant
also covenants that at any time after the termination of this Agreement, directly or indirectly, he will not use any Confidential
Information or divulge or disclose any Confidential Information to any person or entity, unless such information is in the public
domain through no fault of Consultant or except when required to do so by a court of law, by any governmental agency having supervisory
authority over the business of the Company or by any administrative or legislative body (including a committee thereof) with jurisdiction
to order Consultant to divulge, disclose or make accessible such information. All written Confidential Information (including,
without limitation, in any computer or other electronic format) which comes into Consultant’s possession during the Term
(or any renewal Term) shall remain the property of the Company. Except as required in the performance of Consultant’s duties
for the Company, or unless expressly authorized in writing by the Company, Consultant shall not remove any Confidential Information
from the Company’s premises, except in connection with the performance of Consultant’s duties for the Company and
in a manner consistent with the Company’s policies regarding Confidential Information. Upon termination of this Agreement,
the Consultant agrees to return immediately to the Company all written Confidential Information (including, without limitation,
in any computer or other electronic format) in Consultant’s possession.

 

8.
Indemnification. Notwithstanding this Agreement, the Consultant agrees to indemnify the Company, to the fullest extent
permitted by law, against all losses, costs, demands, damages, expenses and claims howsoever incurred by the Company in relation
to the taxation treatment of the payments made under this Agreement or as a result of the breach by the Consultant of any terms
of this Agreement.

 

    	 

     

    

 

9.
Conflict of Interest. The Consultant covenants to the Company that there is no conflict of interest in connection with
the retention by the Company of the Consultant pursuant to this Agreement.

 

10.
Waiver of Breach. The waiver by any party hereto of a breach of any provision of this Agreement shall not operate nor be
construed as a waiver of any subsequent breach.

 

11.
Binding Effect; Benefits. The Consultant may not assign his rights hereunder without the prior written consent of the Company,
and any such attempted assignment without such consent shall be null and void and without effect. This Agreement shall inure to
the benefit of, and shall be binding upon, the parties hereto and their respective successors, permitted assigns, heirs and legal
representatives.

 

12.
Notices. All notices and other communications which are required or may be given under this Agreement shall be in writing
and shall be deemed to have been duly given (a) when delivered in person, (b) one (1) business day after being mailed with a nationally
recognized overnight courier service, or (c) three (3) business days after being mailed by registered or certified first class
mail, postage prepaid, return receipt requested, to the parties hereto at:

 

	 	If
    to the Company, to :	GSRX
    Industries Inc.
	 	 	5141
    Virginia Way, Suite 465
	 	 	Brentwood,
    TN 37027
	 	 	 
	 	If
    to the Consultant, to:	Thomas
    Gingerich
	 	 	1516
    Kendal Drive
	 	 	Mansfield,
    TX 76073

 

13.
Entire Agreement; Amendments. This Agreement contains the entire agreement and supersedes all prior agreements and understandings,
oral or written, between the parties hereto with respect to the subject matter hereof. This Agreement may not be changed orally,
but only by an agreement in writing signed by the party against whom any waiver, change, amendment, modification or discharge
is sought.

 

14.
Severability. The invalidity of all or any part of any provision of this Agreement shall not render invalid the remainder
of this Agreement or the remainder of such provision. If any provision of this Agreement is so broad as to be unenforceable, such
provision shall be interpreted to be only so broad as is enforceable.

 

15.
Governing Law; Consent to Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of
the State of New York irrespective of any conflict of laws principles. The parties hereby agree that any action or proceeding
with respect to this Agreement (and any action or proceeding with respect to any amendments or replacements hereof or transactions
relating hereto) may be brought only in a federal or state court located in New York, State of New York and having jurisdiction
with respect to such action or proceeding. Each of the parties hereto irrevocably consents and submits to the jurisdiction of
such courts.

 

16.
Headings. The headings herein are inserted only as a matter of convenience and reference, and in no way define, limit or
describe the scope of this Agreement or the intent of the provisions thereof.

 

17.
Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original and
all of which together shall constitute one and the same instrument. Signatures evidenced by facsimile transmission or electronic
mail will be accepted as original signatures.

 

[SIGNATURE
PAGE FOLLOWS]

 

    	 

     

    

 

IN
WITNESS WHEREOF, the parties have caused this Agreement to be duly executed as of the date first above written.

 

	GSRX INDUSTRIES INC.	 
	 	 	 
	By:
    	 	 
	Name:
    	Les
    Ball	 
	Title	Chief
    Executive Officer	 
	 	 	 
	THOMAS GINGERICH

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