Document:

EXHIBIT 10.15

  

  

  NU SKIN ENTERPRISES, INC.

  SECOND AMENDED AND RESTATED 2010 OMNIBUS INCENTIVE PLAN

  RESTRICTED STOCK UNIT AGREEMENT

   

  This Restricted Stock Unit Agreement, Participant’s award information (the “Award Summary”), which can be accessed on the Morgan Stanley stock plan website (currently
    www.stockplanconnect.com) or the website of any other stock plan administrator selected by the Company in the future, and the Appendix for Participant’s country contained in this agreement, if any, (collectively, this “Agreement”) set forth the terms
    and conditions of the Restricted Stock Units granted to Participant under the Second Amended and Restated Nu Skin Enterprises, Inc. 2010 Omnibus Incentive Plan (the “Plan”).  In the event of a conflict between (i) the terms and conditions of the Plan;
    and (ii) the terms and conditions of this Agreement, the terms and conditions of the Plan shall prevail.  Unless otherwise defined herein, the capitalized terms in this Agreement shall have the same defined meaning assigned to them in the Plan.

   

  1.            Grant of Restricted Stock Units.

   

  1.1        Grant of Restricted Stock
        Units.  Effective as of the date of grant specified in the Award Summary (the “Grant Date”), the Company grants to Participant an award of the number of Restricted Stock Units as set forth in the Award Summary.  Each Restricted Stock Unit is
      a bookkeeping entry representing the Company’s unfunded promise to deliver one Share on the terms provided herein and in the Plan.

   

  1.2         Vesting of Restricted Stock
        Units.  The Restricted Stock Units shall vest in full on the earlier of April 30 of the calendar year following the Grant Date or one day prior to the annual stockholder meeting in the calendar year
      following the Grant Date (the “Vesting Date”), except as otherwise provided in this Agreement, including pursuant to Sections 1.3 and 4.

   

  1.3          Termination of Continuous
        Service.  In the event Participant’s Continuous Service (as defined below) is terminated for any reason prior to the full vesting of the Restricted Stock Units, the Restricted Stock Units granted hereunder shall terminate to the extent they
      are not vested as of the termination of Participant’s Continuous Service, as determined in accordance with Section 9(g) below, and Participant shall not have any right to receive any Shares subject to such unvested Restricted Stock Units.

   

  For purposes of this Agreement:

   

  “Continuous Service” means that Participant’s service with the Company or a Subsidiary, whether as an Employee, Director, or Consultant, is not interrupted or terminated. 
    Participant’s Continuous Service shall not be deemed to have terminated merely because of a change in the capacity in which Participant renders service to the Company or a Subsidiary as an Employee, Consultant, or Director, or a change in the entity
    for which Participant renders such service, provided that there is no interruption or termination of Participant’s Continuous Service.  For example, a change in status from an Employee of the Company to a Consultant of a Subsidiary or a Director will
    not constitute an interruption of Continuous Service.  Subject to the requirements of applicable law, the Committee, in its sole discretion, shall determine whether Continuous Service shall be considered interrupted in the case of any leave of absence
    approved by the Company or a Subsidiary, including sick leave, military leave or any other personal leave.

   

  1.4         Settlement of Restricted
        Stock Units.  Subject to the terms of the Plan and this Agreement, Restricted Stock Units shall be settled in Shares, provided that Participant has satisfied any Tax-Related Items pursuant to Section 8 below. Shares will be issued to
      Participant within a reasonable time following each Vesting Date, but in no event shall the Shares be issued more than 70 days from the end of the calendar year that includes the applicable Vesting Date unless subject to the terms of the Company’s
      deferred compensation plan.

   

    

  
    
      

  

  
  1.5         Stockholder Rights. 
      Unless and until Shares are issued by the Company after the Vesting Date, Participant shall have none of the rights or privileges of a shareholder of the Company (including voting, dividend and liquidation rights) with respect to the Shares covered
      by the Restricted Stock Units.

   

  2.           Securities Law Compliance. 
      Participant represents that Participant has received and carefully read a copy of the Prospectus for the Plan, together with the Company’s most recent Annual Report to Stockholders.  Participant hereby acknowledges that Participant is aware of
      the risks associated with the Shares and that there can be no assurance the price of the Shares will not decrease in the future.  Participant hereby acknowledges that no representations or statements have been made to Participant concerning the value
      or potential value of the Shares.  Participant acknowledges that Participant has relied only on information contained in the Prospectus and has received no representations, written or oral, from the Company or its employees, attorneys or agents,
      other than those contained in the Prospectus or this Agreement.  Participant acknowledges that the Company has made no representations or recommendations, and is not providing any tax, legal or financial advice, regarding Participant’s participation
      in the Plan, or Participant’s acquisition or sale of the underlying Shares.  Participant is hereby advised to consult with his or her own personal tax, legal and financial advisors regarding his or her participation in the Plan before taking any
      action related to the Plan.

   

  3.          Transfer Restrictions. 
      Participant shall not transfer, assign, sell, encumber, pledge, grant a security interest in or otherwise dispose of the Restricted Stock Units subject to this Agreement in any manner other than by the laws of descent or distribution.  Any such
      transfer, assignment, sale, encumbrance, pledge, security interest or disposition shall be void.

   

  4.           Forfeiture.  If, at
      any time during Participant’s Continuous Service or at any time during the 12-month period following termination of Participant’s Continuous Service, a Forfeiture Event (as defined below) occurs, then at the election of the Committee, (a) this
      Agreement and all unvested Restricted Stock Units granted hereunder shall terminate, and (b) Participant shall return to the Company for cancellation all Shares held by Participant plus pay the Company the amount of any proceeds received from the
      sale of any Shares to the extent such Shares were issued pursuant to Restricted Stock Units granted under this Agreement that vested (i) during the 12-month period immediately preceding the Forfeiture Event, or (ii) on the date of or at any time
      after such Forfeiture Event.

   

  “Forfeiture Event” means the following:

   

  (a)          an act of fraud or intentional misrepresentation related to
      Participant’s services;

   

  (b)          disclosure or use of confidential information in a manner
      detrimental to the Company;

   

  (c)          competing with the Company; or

   

  (d)         any other willful misconduct by Participant that is
      materially injurious to the financial condition or business reputation of, or is otherwise materially injurious to, the Company. The Committee, in its sole discretion, may waive at any time in writing this forfeiture provision and release Participant
      from liability hereunder.

   

  
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  5.           Governing Plan Document. 
      This Agreement incorporates by reference all of the terms and conditions of the Plan, as presently existing and as hereafter amended.  Participant expressly acknowledges and agrees that the terms and provisions of this Agreement are subject in all
      respects to the provisions of the Plan.  Participant also expressly:

   

  (a)          Acknowledges receipt of the Plan and represents that
      Participant is familiar with the provisions of the Plan, and that Participant enters into this Agreement subject to all of the provisions of the Plan;

   

  (b)          Recognizes that the Committee has been granted complete
      authority to administer the Plan in its sole discretion, and agrees to accept all decisions related to the Plan and all interpretations of the Plan made by the Committee as final and conclusive upon Participant and upon all persons at any time
      claiming any interest through Participant in the Restricted Stock Units or the Shares subject to this Agreement; and

   

  (c)         Acknowledges and understands that the establishment of the
      Plan and the existence of this Agreement are not sufficient, in and of themselves, to exempt Participant from the requirements of Section 16(b) of the Exchange Act and any rules or regulations promulgated thereunder, and that Participant (to the
      extent Section 16(b) applies to Participant) shall not be exempt from such requirements pursuant to Rule 16b-3 unless and until Participant shall comply with all applicable requirements of Rule 16b-3, including without limitation, the possible
      requirement that Participant must not sell or otherwise dispose of any Shares acquired pursuant to Restricted Stock Units unless and until a period of at least six months shall have elapsed between the date upon which such Restricted Stock Units were
      granted to Participant and the date upon which Participant desires to sell or otherwise dispose of such Shares.

   

  6.           Representations and
        Warranties.  As a condition to the receipt of any Shares upon vesting of the Restricted Stock Units, the Company may require Participant to make any representations and warranties to the Company that legal counsel to the Company may
      determine to be required or advisable under any applicable law or regulation, including without limitation, representations and warranties that the Shares are being acquired only for investment and without any present intention or view to sell or
      distribute any such Shares.

   

  7.          Compliance With Law and
        Regulations.  Notwithstanding any other provision of the Plan or this Agreement, unless there is an available exemption from any registration, qualification or other legal requirement applicable to the Shares, the Company shall not be
      required to deliver any Shares issuable upon settlement of the Restricted Stock Units prior to the completion of any registration or qualification of the Shares under any local, state, federal or foreign securities or exchange control law or under
      rulings or regulations of the U.S. Securities and Exchange Commission (“SEC”) or of any other governmental regulatory body, or prior to obtaining any approval or other clearance from any local, state, federal or foreign governmental agency, which
      registration, qualification or approval the Company shall, in its absolute discretion, deem necessary or advisable.  Participant understands that the Company is under no obligation to register or qualify the Shares with the SEC or any state or
      foreign securities commission or to seek approval or clearance from any governmental authority for the issuance or sale of the Shares.  Further, Participant agrees that the Company shall have unilateral authority to amend the Plan and this Agreement
      without Participant’s consent to the extent necessary to comply with securities or other laws applicable to issuance of Shares.

   

  
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  8.           Responsibility for Taxes. 
      Participant acknowledges that, regardless of any action taken by the Company, the ultimate liability for all income tax, social insurance, payroll tax, fringe benefits tax, payment on account or other tax-related items related to Participant’s
      participation in the Plan and legally applicable to Participant or deemed by the Company in its discretion to be an appropriate charge to Participant even if legally applicable to the Company (“Tax-Related Items”), is and remains Participant’s
      responsibility and may exceed the amount, if any, actually withheld by the Company.  Participant further acknowledges that the Company (a) makes no representations or undertakings regarding the treatment of any Tax-Related Items in connection with
      any aspect of the Restricted Stock Units, including, but not limited to, the grant, vesting or settlement of the Restricted Stock Units, the subsequent sale of any Shares acquired at settlement and the receipt of any dividends; and (b) does not
      commit to and is under no obligation to structure the terms of the grant or any aspect of the Restricted Stock Units to reduce or eliminate Participant’s liability for Tax-Related Items or achieve any particular tax result.  Further, if Participant
      is subject to Tax-Related Items in more than one jurisdiction, Participant acknowledges that the Company may be required to withhold or account for Tax-Related Items in more than one jurisdiction.

   

  Prior to any relevant taxable or tax withholding event, as applicable, Participant agrees to make adequate arrangements satisfactory to the Company to satisfy all Tax-Related
    Items.

   

  Full payment of the Tax-Related Items shall be made by any of the following, or a combination thereof, subject to the Committee’s or Company’s right to eliminate, prior to
    vesting, any of the following as permissible payment methods: (i) in cash or cash equivalents (including certified check, bank check or wire transfer of immediately available funds); (ii) by tendering previously acquired Shares (either actually or by
    attestation) valued at their then Fair Market Value; (iii) by withholding Shares otherwise issuable in connection with the vesting of the RSUs; (iv) through same-day voluntary or involuntary (on Participant’s behalf pursuant to this authorization)
    sales through a broker if permitted by the Company’s Securities Trading Policy; (v) withholding from Participant’s wages or other cash compensation paid to Participant by the Company; or (vi) any combination of any of the foregoing. In the absence of
    Participant’s timely election or in the event Section 16(b) applies to Participant and withholding of Tax-Related items is necessary, the Company will withhold in Shares upon the relevant taxable or tax withholding event, as applicable, or the Company
    may determine that a particular method be used to satisfy any obligations for Tax-Related Items.

   

  Depending on the withholding method, the Company may withhold or account for Tax-Related Items by considering applicable withholding rates (up to the rate that will not cause
    an adverse accounting consequence or cost, including pursuant to ASC Topic 718, as applicable), in which case Participant may receive a refund of any over-withheld amount in cash and will have no entitlement to the equivalent Shares.  If the obligation
    for Tax-Related Items is satisfied by withholding in Shares, for tax purposes, Participant is deemed to have been issued the full number of Shares subject to the vested Restricted Stock Units, notwithstanding that a number of the Shares are held back
    solely for the purpose of paying the Tax-Related Items.

   

  Participant agrees to pay to the Company any amount of Tax-Related Items that the Company may be required to withhold or account for as a result of Participant’s
    participation in the Plan that cannot be satisfied by the means previously described.  The Company may refuse to issue or deliver the Shares or the proceeds of the sale of Shares if Participant fails to comply with Participant’s obligations in
    connection with the Tax-Related Items.

   

  9.            Nature of Grant. 
      In accepting the Restricted Stock Units, Participant acknowledges, understands and agrees that:

   

  (a)         the Plan is established voluntarily by the Company, it is
      discretionary in nature and may be modified, amended, suspended or terminated by the Company at any time, to the extent permitted by the Plan;

   

  
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  (b)          the grant of Restricted Stock Units is exceptional, voluntary
      and occasional and does not create any contractual or other right to receive future awards of Restricted Stock Units, or benefits in lieu of Restricted Stock Units even if Restricted Stock Units have been awarded in the past;

   

  (c)          nothing in this Agreement or in the Plan shall confer upon
      Participant any right to continue in the service of the Company as a member of the Board of Directors of the Company or in any other capacity;

   

  (d)         all decisions with respect to future grants of Restricted
      Stock Units or other grants, if any, will be at the sole discretion of the Committee and/or Company;

   

  (e)          Participant’s participation in the Plan is voluntary;

   

  (f)          the future value of the underlying Shares is unknown,
      indeterminable and unpredictable;

   

  (g)          in the event of the termination of Participant’s Continuous
      Service (as defined above) (for any reason whatsoever, whether or not later found to be invalid), unless otherwise expressly provided in this Agreement or determined by the Company, Participant’s right to vest in the Restricted Stock Units under the
      Plan, if any, will terminate as of the date Participant’s Continuous Service terminated, as determined by the Committee in its sole discretion;

   

  (h)          if Participant is providing services outside the United
      States, the following additional provisions shall apply:

   

  (1)         Restricted Stock Units and the Shares subject to Restricted
      Stock Units, and the income and value of same, are not part of normal or expected compensation for any purpose, including, but not limited to, calculation of any severance, resignation, termination, redundancy, dismissal, end-of-service payments,
      bonuses, long-service awards, pension or retirement or welfare benefits or similar mandatory payments;

   

  (2)          Restricted Stock Units and the Shares subject to Restricted
      Stock Units, and the income and value of same, are not intended to replace any pension rights or compensation;

   

  (3)        Restricted Stock Units are an extraordinary item that does not
      constitute compensation of any kind for service of any kind rendered to the Company;

   

  (4)        no claim or entitlement to compensation or damages shall arise
      from forfeiture of Restricted Stock Units resulting from termination of Participant’s Continuous Service (for any reason whatsoever, whether or not later found to be invalid); and

   

  (5)          neither the Company nor any of its Subsidiaries shall be
      liable for any foreign exchange rate fluctuation between Participant’s local currency and the United States Dollar that may affect the value of Restricted Stock Units or of any amounts due to Participant pursuant to the settlement of the Restricted
      Stock Units or the subsequent sale of any Shares acquired upon settlement.

   

  
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  10.         Section 409A. The
      Restricted Stock Units and issuance of Shares thereunder are intended to comply with Code Section 409A and the U.S. Treasury Regulations relating thereto so as not to subject the Participant to the payment of additional taxes and interest under Code
      Section 409A or other adverse tax consequences. In furtherance of this intent, the provisions of this Agreement will be interpreted, operated, and administered in a manner consistent with these intentions. The Committee may modify the terms of this
      Agreement, the Plan or both, without the consent of the Participant, in the manner that the Committee may determine to be necessary or advisable in order to comply with Code Section 409A or to mitigate any additional tax, interest and/or penalties or
      other adverse tax consequences that may apply under Code Section 409A if compliance is not practical. This Section 10 does not create an obligation on the part of the Company to modify the terms of this Agreement or the Plan and does not guarantee
      that the Restricted Stock Units or the delivery of Shares upon vesting/settlement of the Restricted Stock Units will not be subject to taxes, interest and penalties or any other adverse tax consequences under Code Section 409A. Nothing in this
      Agreement shall provide a basis for any person to take any action against the Company or any of its Subsidiaries based on matters covered by Code Section 409A, including the tax treatment of any amounts paid under this Agreement, and neither the
      Company nor any of its Subsidiaries will have any liability under any circumstances to the Participant or any other party if the Restricted Stock Units, the delivery of Shares upon vesting/settlement of the Restricted Stock Units or other payment or
      tax event hereunder that is intended to be exempt from, or compliant with, Code Section 409A, is not so exempt or compliant or for any action taken by the Committee with respect thereto. Further, settlement of any portion of the Restricted Stock
      Units that is deferred compensation may not be accelerated or postponed except to the extent permitted by Code Section 409A.

   

  11.         Data Privacy Notice and
        Consent.  Participant hereby explicitly and unambiguously consents to the collection, use and transfer, in electronic or other form, of Participant’s personal data, as described in this
        Agreement and any other Restricted Stock Unit grant materials by and among, as applicable, the Company and any Subsidiaries for the exclusive purpose of implementing, administering and managing Participant’s participation in the Plan.

   

  Participant understands that the Company and any Subsidiaries may hold certain personal information about Participant, including, but
    not limited to, Participant’s name, home address, email address, telephone number, date of birth, social security number, passport information, social insurance number or other identification number, salary, nationality, job title, any Shares or
    directorships held in the Company, details of all Restricted Stock Units or any other entitlement to Shares or other equivalent benefits awarded, canceled, purchased, exercised, vested, unvested or outstanding in Participant’s favor (“Data”), for the
    exclusive purpose of implementing, administering and managing the Plan.

   

  Participant understands that Data will be transferred to Morgan Stanley, or such other stock plan service provider as may be selected
    by the Company in the future, which is assisting the Company with the implementation, administration and management of the Plan.  Participant understands that the recipients of the Data may be located in the United States or elsewhere, and that the
    recipients’ country (e.g., the United States) may have different data privacy laws and protections than Participant’s country.  Participant understands that if he or she resides outside the United States, he or she may request a list with the names and
    addresses of any potential recipients of the Data by contacting the Company.  Participant authorizes the Company, Morgan Stanley and any other possible recipients which may assist the Company (presently or in the future) with implementing,
    administering and managing the Plan to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes of implementing, administering and managing Participant’s participation in the Plan, including any transfer of
    such Data as may be required to a broker, escrow agent or other third party with whom the Shares received upon vesting of Restricted Stock Units may be deposited.  Participant understands that Data will be held only as long as is necessary to
    implement, administer and manage his or her participation in the Plan.  Participant understands that if he or she resides outside the United States, he or she may, at any time, view Data, request additional information about the storage and processing
    of Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in writing his or her local human resources representative.  Further, Participant understands that he or she is
    providing the consents herein on a purely voluntary basis.  If Participant does not consent, or if Participant later seeks to revoke his or her consent, his or her status will not be affected; the only consequence of refusing or withdrawing
    Participant’s consent is that the Company may not be able to grant Restricted Stock Units or other equity awards to Participant or administer or maintain such awards.  Therefore, Participant understands that refusing or withdrawing his or her consent
    may affect Participant’s ability to participate in the Plan.  For more information on the consequences of his or her refusal to consent or withdrawal of consent, Participant understands that he or she may contact the Company.

   

  
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  Further, upon request of the Company Participant agrees to provide an executed data privacy form (or any other agreements or consents)
    that the Company may deem necessary to obtain from Participant for the purpose of administering Participant’s participation in the Plan in compliance with the data privacy laws in Participant’s country, either now or in the future.  Participant
    understands and agrees that he or she will not be able to participate in the Plan if Participant fails to provide any such consent or agreement as requested by the Company.

   

  12.          Miscellaneous Provisions.

   

  12.1       Notices.  Any notice
      required to be given under this Agreement shall be in writing and shall be deemed effective upon personal delivery or upon deposit in the sender’s local mail, registered or certified, postage prepaid and properly addressed to the party entitled to
      such notice at the latest address on file or at such other address as such party may designate by ten days advance written notice under this Section to all other parties to this Agreement.

   

  12.2       Waiver.  The failure
      of the Company in any instance to exercise any rights under this Agreement, including the forfeiture rights under Section 4, shall not constitute a waiver of any other rights that may subsequently arise under the provisions of this Agreement or any
      other agreement between the Company and Participant.  Participant acknowledges that no waiver by the Company of any breach of any provision of this Agreement shall operate or be construed as a waiver of any other provision of this Agreement, or of
      any subsequent breach by Participant or any other Participant, whether of like or different nature.

   

  12.3       Imposition of Other
        Requirements & Participant Undertaking.  The Company reserves the right to impose other requirements on Participant’s participation in the Plan, on the Restricted Stock Units and on any Shares acquired under the Plan, to the extent the
      Company determines it is necessary or advisable for legal or administrative reasons.  Participant hereby agrees to take whatever additional action and execute whatever additional documents the Company may deem necessary or advisable in order to carry
      out the foregoing or one or more of the obligations or restrictions imposed on either Participant or the Shares pursuant to the provisions of this Agreement.

   

  12.4       Entire Contract.  This
      Agreement and the Plan constitute the entire understanding and agreement of the parties with respect to the subject matter contained herein.  This Agreement is made pursuant to, and incorporates by reference, the provisions of the Plan and shall in
      all respects be construed in conformity with the terms of the Plan.

   

  12.5       Language.  Participant
      acknowledges that he or she is sufficiently proficient in English, or, alternatively, Participant acknowledges that he or she will seek appropriate assistance to understand the terms and conditions in this Agreement.  Furthermore, if Participant has
      received this Agreement or any other document related to the Plan translated into a language other than English and if the meaning of the translated version is different than the English version, the English version will control.

   

  12.6       Electronic Delivery and
        Acceptance.  The Company may, in its sole discretion, decide to deliver any documents related to current or future participation in the Plan by electronic means.  Participant hereby consents to receive such documents by electronic delivery
      and agrees to participate in the Plan through an on-line or electronic system established and maintained by the Company or a third party designated by the Company.

   

    

  
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  12.7       Successors and Assigns. 
      The provisions of this Agreement shall inure to the benefit of, and be binding upon, the Company and its successors and assigns and upon Participant, Participant’s permitted assigns and the legal representatives, heirs and legatees of Participant’s
      estate, whether or not any such person shall have become a party to this Agreement and have agreed in writing to join herein and be bound by the terms hereof.  Participant may not assign this Agreement other than by the laws of descent and
      distribution.

   

  12.8        Severability.  In the
      event that any provision in this Agreement will be held invalid or unenforceable, such provision will be severable from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Agreement.

   

  12.9       Governing Law and Choice of
        Venue.  The Restricted Stock Units and the provisions of this Agreement shall be governed by, and subject to, the laws of the State of Utah, United States, without regard to the conflict of law provisions, as provided in the Plan. For
      purposes of litigating any dispute that arises under this Agreement or this grant of Restricted Stock Units, the parties hereby submit to and consent to the jurisdiction of the State of Utah, agree that such
      litigation shall be conducted in the courts of Utah County, Utah, or the federal courts of the United States for the District of Utah, where this grant is made and/or to be performed.

   

  12.10      Appendix.
      Notwithstanding any provisions in this Agreement, the Restricted Stock Units shall be subject to any special terms and conditions set forth in any Appendix to this Agreement for Participant’s country.  Moreover, if Participant relocates to one of the
      countries included in the Appendix, the terms and conditions for such country will apply to Participant, to the extent the Company determines that the application of such terms and conditions is necessary or advisable for legal or administrative
      reasons.  The Appendix constitutes part of this Agreement.

   

  12.11     Insider Trading
        Restrictions/Market Abuse Laws.  Participant acknowledges that, depending on Participant’s country, broker’s country, or where Shares are listed, Participant may be subject to insider trading and/or market abuse laws which may affect
      Participant’s ability to accept, acquire, sell or otherwise dispose of Shares, rights to such shares (e.g., Restricted Stock Units) or rights linked to the value of Shares under the Plan during such times as Participant is considered to have
      “material nonpublic information” or “inside information” regarding the Company (as defined by the laws or regulations in the relevant jurisdiction).  Local insider trading laws and regulations may prohibit the cancellation or amendment of orders
      Participant places before Participant possessed inside information.  Furthermore, Participant could be prohibited from (i) disclosing inside information to any third party (other than on a “need to know” basis) and (ii) “tipping” third parties or
      causing them otherwise to buy or sell securities.  Third parties include fellow employees.  Any restrictions under these laws or regulations are separate from and in addition to any restrictions that may be imposed under the Company’s insider trading
      policy, and the requirements of applicable laws may or may not be consistent with the terms of the Company’s insider trading policy.  Participant acknowledges that it is his or her responsibility to comply with any applicable restrictions, and that
      Participant should speak to his or her personal advisor on this matter.

   

  
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    12.12     Exchange Control Tax and
          Foreign Asset/Account Reporting Requirements.  Participant acknowledges that there may be exchange control, tax, foreign asset and/or account reporting requirements which may affect Participant’s ability to acquire or hold Shares acquired
        under the Plan or cash received from participating in the Plan (including from any dividends paid on Shares acquired under the Plan) in a brokerage, bank account or legal entity outside Participant’s country.  Participant may be required to report
        such accounts, balances, assets and/or the related transactions to the tax or other authorities in his or her country.  Participant also may be required to repatriate sale proceeds or other funds received as a result of Participant’s participation
        in the Plan to his or her country through a designated bank or broker within a certain time after receipt.  Participant acknowledges that it is Participant’s responsibility to be compliant with such regulations, and Participant should consult his
        or her personal legal advisor for any details.

  

   

  

  By electronically accepting this Agreement and participating in the Plan, Participant agrees to be bound by the terms and conditions in the Plan and this
    Agreement, including the Appendix.  Within six months of the Grant Date, if Participant has not electronically accepted this Agreement on Morgan Stanley’s website, or the website of any other stock plan service provider appointed by the Company, and
    has not otherwise rejected the grant, then this award shall automatically be deemed accepted, and Participant shall be bound by the terms and conditions in the Plan and this Agreement, including the Appendix.

   

  

  
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  APPENDIX

  

  

  FOR PARTICIPANTS OUTSIDE THE U.S.

   

  NU SKIN ENTERPRISES, INC.

  SECOND AMENDED AND RESTATED 2010 OMNIBUS INCENTIVE PLAN

  RESTRICTED STOCK UNIT AGREEMENT

   

  Unless otherwise defined herein, the capitalized terms in this Appendix shall have the same defined meaning assigned to them in the Plan and the Agreement.

   

  This Appendix includes special country-specific terms and conditions that apply to Participants in the countries listed below. This Appendix is part of the Agreement.  This
    Appendix also includes information of which Participant should be aware with respect to his or her participation in the Plan.  For example, certain individual exchange control reporting requirements may apply upon vesting of the Restricted Stock Units
    and/or sale of Shares.  The information is based on the securities, exchange control and other laws in effect in the respective countries as of February 2018 and is provided for informational purposes.  Such laws are often complex and change
    frequently, and results may be different based on the particular facts and circumstances. As a result, the Company strongly recommends that Participant does not rely on the information noted herein as the only source of information relating to the
    consequences of Participant’s participation in the Plan because the information may be out of date at the time the Restricted Stock Units vest or are settled, or Participant sells Shares acquired under the Plan.

   

  In addition, the information is general in nature and may not apply to Participant’s particular situation, and the Company is not in a position to assure Participant of any
    particular result.  Accordingly, Participant should seek appropriate professional advice as to how the relevant laws in Participant’s country may apply to his or her situation.

   

  Finally, if Participant is a citizen or resident of a country other than the one in which he or she currently is residing and/or providing services, transfers after the
    Restricted Stock Units are granted to him or her, or is considered a resident of another country for local law purposes, the terms and conditions and/or notifications contained herein may not be applicable to him or her, and the Company shall, in its
    discretion, determine to what extent such terms and conditions contained herein shall apply to him or her.

   

  DATA PRIVACY PROVISIONS APPLICABLE TO GRANTEES IN THE EUROPEAN UNION/EUROPEAN ECONOMIC AREA

  

  

  The following provision replaces Section 11 of the Agreement:

  

  

  Data Collection and Usage.  Pursuant to applicable data protection laws, Participant is hereby notified that the Company collects,
    processes, uses and transfers certain personally-identifiable information about Participant for the exclusive legitimate purpose of granting Restricted Stock Units and implementing, administering and managing Participant’s participation in the Plan. 
    Specifics of the data processing are described below.

   

  Controller, EU Representative and DPO.  The Company is the controller responsible for the processing of Participant’s personal data in
    connection with the Plan.  The Company’s representative in the European Union is NSE Products Europe BVBA, Da Vincilaan 9, 1935 Zaventem, Belgium, telephone number +32 2 722 70 00. Participant can reach the data protection officer (“DPO”) of the
    Company at +1 (801) 345-1505, 75 West Center Street, Provo, Utah 84601.

   

  
    10

    
      

  

  Personal Data Subject to Processing.  The Company collects, processes and uses the following types of personal data about Participant:
    Participant’s name, home address, telephone number, email address, date of birth, social insurance, passport number or other identification number, salary, nationality, job title, any shares of stock or directorships held in the Company, details of all
    Restricted Stock Units or any other entitlement to Shares awarded, canceled, settled, vested, unvested or outstanding in Participant’s favor, which the Company receives from Participant or the Employer, as well as Participant’s hire date, term date,
    term reason code, status, and Company’s Division (“Personal Data”).

   

  Purposes and Legal Bases of Processing.  The Company processes the Personal Data for the purpose of granting Restricted Stock Units,
    implementing, administering and managing Participant’s participation in the Plan.  The legal basis for the processing of the Personal Data by the Company and the third‐party service providers described below is the necessity of the data processing for
    the Company to perform its contractual obligations under the Agreement and generally administering employee equity awards.

   

  Stock Plan Administration Service Providers.  The Company transfers Personal Data to Morgan Stanley Smith Barney LLC and its
    affiliated companies (collectively, “Morgan Stanley”), an independent stock plan administrator with operations, relevant to the Company, in the United States, which assists the Company with the implementation, administration and management
    of the Plan.  In the future, the Company may select different service providers and may share Personal Data with such service providers.  As a data controller, the Company’s stock plan administrator will open an account for Participant to receive and
    trade Shares.  Participant will be asked to agree on separate terms and data processing practices with the service provider, which is a condition of Participant’s ability to participate in the Plan.  Participant’s Personal Data will only be accessible
    by those individuals requiring access to it for purposes of implementing, administering and operating Participant’s participation in the Plan.  Participant understands that Participant may request a list with the names and addresses of any potential
    recipients of Personal Data by contacting Participant’s local human resources representative.

   

  International Data Transfers.  The Company and its service providers, including, without limitation, Morgan Stanley, operate, relevant
    to the Company, in the United States, which means that it will be necessary for Personal Data to be transferred to, and processed in, the United States.  Participant understands and acknowledges that the United States is not subject to an unlimited
    adequacy finding by the European Commission and that Participant’s Personal Data may not have an equivalent level of protection as compared to Participant’s country of residence.

   

  The legal basis for the processing of the Personal Data by the Company and the third‐party service providers is the necessity of the data processing for the Company to
    perform its contractual obligations under the Agreement and generally administering employee equity awards.

   

  Data Retention.  The Company will use the Personal Data only as long as necessary to implement, administer and manage Participant’s
    participation in the Plan, or as required to comply with legal or regulatory obligations, including tax and securities laws.  When the Company no longer needs the Personal Data, the Company will remove it from its systems.  If the Company keeps data
    longer, it would be to satisfy legal or regulatory obligations and the Company’s legal basis would be relevant laws or regulations.

   

  Data Subject Rights.  To the extent provided by law, Participant has the right to (i) inquire whether and what kind of Personal Data
    the Company holds about Participant and how it is processed, and to access or request copies of such Personal Data, (ii) request the correction or supplementation of Personal Data that is inaccurate, incomplete or out-of-date in light of the purposes
    underlying the processing, or (iii) obtain the erasure of Personal Data no longer necessary for the purposes underlying the processing or processed in non-compliance with applicable legal requirements.  In addition, Participant has, to the extent
    provided by law, the right to (iv) request the Company to restrict the processing of Personal Data in certain situations where Participant feels its processing is inappropriate, (v) object, in certain circumstances, to the processing of Personal Data
    for legitimate interests, and to (vi) request portability of Personal Data that Participant has actively or passively provided to the Company, where the processing of such Personal Data is based on consent or a contractual agreement with Participant
    and is carried out by automated means.  In case of concerns, Participant also has the right to (vii) lodge a complaint with the competent local data protection authority.  To receive additional information regarding Participant’s rights, raise any
    other questions regarding the practices described in this Agreement or to exercise his or her rights, Participant should contact his or her local human resources representative.

   

  
    11

    
      

  

  Contractual Requirement.  Participant’s provision of Personal Data and its processing as described above is required for the
    performance of the Company’s obligations pursuant to the Plan and a condition to Participant’s ability to participate in the Plan.  Participant understands that, as a consequence of Participant’s refusing to provide Personal Data, the Company may not
    be able to allow Participant to participate in the Plan, grant Restricted Stock Units to Participant or administer or maintain such Restricted Stock Units.  However, Participant’s participation in the Plan and his or her acceptance of this Agreement
    are purely voluntary.  While Participant will not receive Restricted Stock Units if he or she decides against participating in the Plan or providing Personal Data as described above, Participant’s career and salary will not be affected in any way.  For
    more information on the consequences of the refusal to provide Personal Data, Participant may contact his or her local human resources representative.

  

  

  CHINA

   

  The following provisions apply only to Participants who are subject to exchange control restrictions imposed by the State Administration of Foreign Exchange ("SAFE"), as
      determined by the Company in its sole discretion:

   

  Settlement of Restricted Stock Units.  This provision supplements Section 1.4 of the Agreement:

   

  The Restricted Stock Units will only vest if and when the Company has completed the registration of the Plan with SAFE and provided such registration remains effective.  If
    the Company is unable to complete the registration or maintain the registration, the settlement of the Restricted Stock Units may be delayed.  Shares issued to Participant under the Plan must be maintained in an account with Morgan Stanley or such
    other broker as may be designated by the Company until the Shares are sold through that broker.

   

  Furthermore, due to regulatory requirements, Participant acknowledges and agrees that Participant must sell any Shares issued to Participant upon vesting of the Restricted
    Stock Units as soon as practicable following the termination of Participant’s Continuous Service and in no event later than six months following the termination of Participant’s Continuous Service, or within any other such time frame as may be required
    by SAFE.  Participant agrees that if Participant continues to hold any of such Shares after this time, the Shares will be sold by the Company’s designated broker on Participant’s behalf at the instruction of the Company.  Therefore, by accepting the
    Restricted Stock Units, Participant understands and agrees that the Company is authorized to, and may in its sole discretion, instruct its designated broker to assist with the mandatory sale of Shares (on Participant’s behalf pursuant to this
    authorization) and that Participant expressly authorizes the Company’s designated broker to complete the sale of such Shares.  Participant acknowledges that the Company’s designated broker is under no obligation to arrange for the sale of the Shares at
    any particular price.  Upon the sale of the Shares, the proceeds, less any Tax-Related Items and brokerage fees or commissions will be remitted to Participant pursuant to the procedures described in the “Exchange Control Information” section below.

   

  
    12

    
      

  

  Exchange Control Information.  Participant understands and agrees that, to facilitate compliance with exchange control requirements, Participant will be required to
    immediately repatriate to China the cash proceeds from the sale of the Shares issued upon the vesting of the Restricted Stock Units. Participant further understands that, under local law, such repatriation of the cash proceeds will be effectuated
    through a special exchange control account established by the Company or its Subsidiary in China, and Participant hereby consents and agrees that the proceeds from the sale of Shares acquired under the Plan may be transferred to such special account
    prior to being delivered to Participant.  The Company may deliver the proceeds to Participant in U.S. dollars or local currency at the Company’s discretion.  If the proceeds are paid in U.S. dollars, Participant understands that he or she will be
    required to set up a U.S. dollar bank account in China so that the proceeds may be deposited into this account. If the proceeds are converted to local currency, there may be delays in delivering the proceeds to Participant.  Participant agrees to bear
    the risk of any currency fluctuation between the time the Shares are sold, either through voluntary sale or through a mandatory sale arranged by the Company, or proceeds are otherwise realized under the Plan and the time such proceeds are distributed
    to Participant through the special exchange control account.

   

  Participant further agrees to comply with any other requirements that may be imposed by the Company in the future to facilitate compliance with exchange control requirements
    in China.

   

  HONG KONG

   

  Restricted Stock Units Only Payable in Shares.  Notwithstanding any discretion in the Plan, the Restricted Stock Units will be settled in Shares only.  The grant of
    Restricted Stock Units does not provide any right for Participant to receive a cash payment.

   

  Restriction on Sale of Shares.  Should any portion of the Restricted Stock Units vest within six months of the Grant Date, Participant agrees that Participant will not
    dispose of the Shares acquired at vesting prior to the six-month anniversary of the Grant Date.

   

  Securities Law Information.  Warning:  The contents of this document have not been
      reviewed by any regulatory authority in Hong Kong.  Participant is advised to exercise caution in relation to the offer.  If Participant is in any doubt about any of the contents of the Agreement, including this Appendix, or the Plan, Participant
      should obtain independent professional advice. The Restricted Stock Units and any Shares issued pursuant to the grant do not constitute a public offering of securities under Hong Kong law and are available only to employees of the Company.  The
      Agreement, including this Appendix, the Plan and other incidental communication materials have not been prepared in accordance with and are not intended to constitute a “prospectus” for a public offering of securities under the applicable securities
      legislation in Hong Kong.  The Restricted Stock Units and any related documentation are intended only for the personal use of each eligible employee of the Company and may not be distributed to any other person.

  

  

  

  

  13Blueprint

  EXHIBIT 10.1

 

AMAZING ENERGY OIL AND GAS

SEPARATION AGREEMENT

 

Date Delivered to
Executive: January 31,
2020

 

THIS SEPARATION
AGREEMENT (the
“Agreement”) is made effective as of December 31, 2019,
between Amazing Energy Oil and Gas Company and its wholly owned or
partially owned subsidiaries and affiliates (collectively, the
“Company”) and Benjamin M. Dobbins
(“Executive”) (collectively the “Parties”)
and is intended to clarify and settle the obligations of the
Parties under the Employment Agreement between Executive and the
Company, dated October 23, 2018 (the “Employment
Agreement”). Unless otherwise defined herein, capitalized
terms will have the meanings ascribed to them in the Employment
Agreement.

 

1.           
Separation from
Employment: Effective as of
December 31, 2019, Executive hereof voluntarily resigns his
employment with the Company (his “Separation
Date”).

 

2.           
Final Wages:
The Parties acknowledge that the
Company has paid to Executive all amounts due under the Employment
Agreement and that Executive was properly paid a monthly salary of
$15,000 from May 1, 2019, through December 31, 2019, and that the
Parties agreed that no increase was payable. The Parties further
acknowledge that no discretionary bonus is due under the Employment
Agreement and that all expenses that Executive has submitted for
reimbursement have been timely paid.

 

3.           
Vesting of Stock
Options: Stock options granted
under the Employment Agreement (“Stock Options”) that
vested prior to the Executive’s Separation Date shall be
subject to the terms of the Employment Agreement and any grant
letter. Stock Options that have not vested as of the
Executive’s Separation Date shall not vest and shall be
forfeited.

 

4.         
Severance
Benefit: In consideration of
Executive’s execution of a General Waiver and Release in the
form attached hereto as Exhibit A by the 21st
day following the delivery of this
Agreement to Executive, and such General Waiver and Release becomes
irrevocable in accordance with its terms, the Company shall pay or
provide to Executive the following:

 

a.

a
neutral letter of recommendation signed by the Chief Executive
Officer;

 

b.

as
set forth in Paragraph 7 of this Agreement, modification of the
non-competition provision contained in paragraph 6(a) of the
Employment Agreement;

 

c.

an
amount equal to the normal, reasonable, and necessary expenses
incurred by Executive in furtherance of the business affairs of the
Company, such reimbursement has been made upon the presentation of
appropriate documentation;

 

 

 

1

 

 

5.           Other
Benefits and Compensation: Except as may be expressly provided herein, this
Agreement is not intended to affect or restrict Executive’s
benefits, rights and coverages under the separate employee benefit
plans, policies and programs generally maintained by the Company
for the benefit of its employees or officers in which Executive
participated as of his Separation Date; provided that Executive
acknowledges that he is not entitled to a bonus under the
Company’s bonus program for 2019 or any prior
year.

 

6.           Extinguishment:
Executive acknowledges that, except as
otherwise provided in this Agreement, payment of the amounts and
benefits described herein extinguishes the Company’s
obligations, in full, under the Employment Agreement and that he is
not entitled to further severance or similar amounts under any
separate plan, policy or program maintained by the
Company.

 

7.           
Non-Compete and
Confidentiality: Notwithstanding the cessation of
Executive’s employment, Executive acknowledges and agree that
the obligations under Paragraph 5 of the Employment Agreement
remain in effect after his employment with the Company ends. It is
further not intended to limit the definition of Confidential and
Proprietary Information contained in the Employment Agreement.
Executive affirms and acknowledges his duty of confidentiality and
agrees to fulfill his obligation to maintain the confidentiality of
Confidential and/or Proprietary Information (as defined in the
Employment Agreement). Executive further acknowledges that he
received and developed only on behalf of the Company confidential
information subject to the terms of Paragraph 5 of the Employment
Agreement which is hereby expanded and made unlimited, retroactive
and prospective, and further made the subject of this Agreement
including, but not limited to: financial data, customer
information, investor information, trade secrets and information on prospects,
procedures, operations, disclosures, logic and analysis in all
professional disciplines, e.g., accounting and law, for securities
filings, geological and geophysical structures development,
exploration of assets of the Company, drilling plans, logs,
potential and/or contractual rights to 3D and 4D seismic studies,
third party engineering and geological evaluations, in house and
joint venture partner engineering analysis, geologist(s) analysis
for exploration and/or production operations and methodologies on
known and unknown leases, options, or other interests in properties
– all of which shall continue to be subject to that certain
non-competition covenant contained in paragraph 6(a) of his
Employment Agreement.

 

In
addition, the Executive agrees that said information is
Confidential, a Trade Secret and Proprietary to the Company and its
affiliates, agents, partners, employees and assigns, exclusive of
the Executive and that the Company may protect its interests in the
stated assets and rights to information and operations using
equitable remedies, including, but not limited to any and all
temporary, preliminary and/or final injunctive remedies, which
shall be awardable without bond and without the showing of
independent irreparable injury, the mere disclosure by Executive or
threatened disclosure by Executive, whether with or without damages
having been caused to the Company, allowing for the issuance by a
Court of competent jurisdiction, including, this stipulation that
Collin County shall be exclusive venue for any action for
injunction or damages which may be asserted by the Company. This
non-compete agreement and/or that paragraph 6, which survives from
the Executive Agreement, shall not prohibit the Executive from
employment in the oil and gas business regarding assets or
operations outside the existing or future scope of the business
assets and/or operations of the Company.

 

 

2

 

 

8.           Non-solicitation
and Non-circumvention. Executive agrees that he shall not,
for a period of one year immediately following the execution of
this Agreement, directly or indirectly, whether for himself or on
behalf of or in conjunction with any other person, persons,
company, partnership, corporation or business:

 

a.

Solicit any
customer of the Company or an affiliate for the purpose of inducing
or attempting to induce such customer or other person to cease
doing business with the Company or such Affiliate or to divert or
attempt to divert any business from the Company or its
affiliates;

 

b.

Solicit any
investor in the Company for the purpose of inducing or attempting
to induce the investor to invest in another venture or for the
purpose of affecting the investor’s investment in the
Company;

 

c.

Induce any employee
or agent of the Company or an affiliate to terminate employment
with the Company or to commence work with any competitor of the
Company or an affiliate; or

 

d.

Usurp, attempt to
usurp, or assist in the usurpation of any business opportunity of
the Company or an affiliate that became known to the Executive
during the period of his Employment.

 

9.           
Return of
Property: Except as provided
herein, Executive shall promptly return to the Company all of the
property of the Company, including, without limitation, equipment,
computers, fax machines, portable telephones, printers, software,
credit cards, manuals, customer lists, financial data, letters,
notes, notebooks, reports and copies of any of the above and any
confidential information that is in the possession or under the
control of Executive.

 

10.        
   Non-disparagement:
The provisions of Section 6(b) of the
Employment Agreement shall be replaced with the
following:

 

As a material inducement to the Company to enter into this
Agreement, Executive agrees that he will not:

 

a. 

Publicly
criticize or disparage the Company, or privately criticize or
disparage the Company, in any manner intended or reasonably
calculated to result in public embarrassment to, or injury to the
reputation of, the Company in any community in which the Company is
engaged in business;

 

b. 

Damage
the property of the Company or otherwise engage in any misconduct
which is injurious to the business or reputation of the Company;
or

 

 

3

 

 

c. 

Take
any other action, or assist any person in taking any other action,
that is adverse to the interests of the Company or inconsistent
with fostering the goodwill of the Company.

 

For purposes of this paragraph, Company shall include any officer,
director, employee or shareholder of the Company. Notwithstanding
the foregoing, Executive shall not be deemed in breach of the
covenants contained herein solely by reason of testimony compelled
by process of law.

 

Likewise,
the Company agrees that it will not publicly or privately criticize
or disparage Executive in a manner intended or reasonably
calculated to result in embarrassment to, or injury to the
reputation of, Executive in the community, except that the Company
shall report Executive’s separation on Form 8-K and in such
other manner as may be required under applicable law.

 

12.           Non-assignability:
Neither this Agreement, nor any right
or interest hereunder shall be subject, in any manner, by Executive
to anticipation, alienation, sale, transfer, assignment, pledge,
encumbrance or charge, whether voluntary or involuntary, by
operation of law or otherwise, and any attempt at such shall be
void. Any benefit right or interest under this Agreement shall not
in any way be subject to the debts, contract, liabilities,
engagements or torts of Executive, nor shall it be subject to
attachment or legal process for or against Executive.
Notwithstanding the foregoing, in the event of the
Executive’s death prior to the payment of all amounts
properly due hereunder, payment shall be paid to Executive’s
estate.

 

13.           
Notices:
All notices or communications
hereunder shall be in writing, addressed as
follows:

 

	

To the Company:

	
 

	

To Executive:

	

Amazing Energy Oil and Gas Co.

	
 

	

Last address on file

	

5700 West Plano Parkway, Suite 3600

	
 

	

with the Company

	

Plano, TX 75093

	
 

	
 

	

Attention: Willard G. McAndrew

	
 

	
 

 

Either party may change its address for notices by providing a
written notice of such address change to the other party. All such
notices shall be conclusively deemed to be received and shall be
effective, (a) if sent by hand delivery, upon receipt, (b) if sent
by telecopy or facsimile transmission, upon confirmation of receipt
by the sender of such transmission, or (c) if sent by registered or
certified mail, on the fifth day on which such notice is
mailed.

 

14.           
Separate
Advice: Executive acknowledges
that neither the Company nor its directors, officers or employees
has provided him with advice about the terms and conditions of this
Agreement, including the taxation of benefits and payments
hereunder, and that neither the Company nor its directors, officers
or employees has any ongoing obligation to do so. Executive has
been advised to consult his own counsel prior to the execution of
this Agreement and he has done so or determined that such counsel
is not necessary.

 

 

4

 

 

15.         
General Provisions:

 

a. 

If
any provision of this Agreement is held to be invalid, illegal, or
unenforceable, in whole or in part, such invalidity shall not
affect any otherwise valid provision, and all other valid
provisions shall remain in full force and effect.

 

b. 

Titles
and headings used herein are solely for convenience of reference
and do not constitute a part of this Agreement or affect its
meaning, interpretation or effect.

 

c. 

This
Agreement shall be construed and enforced in accordance with the
internal laws of the State of Texas applicable to contracts made to
be performed wholly within such state.

 

d. 

No
term or condition herein shall be deemed to have been waived, nor
shall there be an estoppel against the enforcement of any provision
of this agreement, except by written instrument of the party
charged with such waiver or estoppel.

 

e. 

This
Agreement may not be modified or amended, except by an instrument
in writing signed by the parties hereto.

 

f. 

This
Agreement constitutes the entire agreement between the parties with
respect to the subject matter hereof and supersedes any prior
agreement, whether written or oral, with respect
thereto.

 

16.           
Breach of
Covenants: Subject to any
limitations set forth in Exhibit A hereto, Executive agrees that
his material breach of this Agreement shall relieve the Company of
any further obligations hereunder and, in addition to any other
legal or equitable remedy available to the Company, entitle it to
recover any payments or property already paid or transferred to him
pursuant to Paragraph 3 hereof.

 

17.           
No Admission of
Wrongdoing: Executive agrees
that neither this Agreement, Exhibit A hereto, nor the furnishing
of the consideration set forth herein shall be deemed or construed
at any time for any purpose as an admission by the Company of any
liability or unlawful conduct of any kind.

 

 

5

 

 

THIS SEPARATION
AGREEMENT is executed in
multiple counterparts as of the dates set forth below, each of
which shall be deemed an original, to be effective as of the
Separation Date designated above.

 

 

	

AMAZING ENERGY OIL AND GAS,
CO.

	

 

	

EXECUTIVE

	

 

	
 

	
 

	

 

	

 

	
 

	

 

	
By:

	
/s/ Willard G. McAndrew
III 

	

 

	

By:

	
/s/ Benjamin M.
Dobbins

	

 

	
  

	Willard G.
McAndrew 	

 

	

 

	

Benjamin M.
Dobbins

	

 

	
Its:

	
Chief
Executive Officer

	

 

	
	
	

	
 

	
 

	

 

	Date:	
February 5, 2020
	

	
Date:  

	
February 12,
2020

	

 

	
	
	

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6

 

Separation Date: December 31, 2019

 

EXHIBIT A

GENERAL WAIVER AND RELEASE

 

This General Waiver and
Release (the
“Release”) is made in exchange for the consideration
offered under Paragraph 4 of the Separation Agreement entered into
between me and Amazing Energy Oil and Gas, Co., and its wholly
owned or partially owned subsidiaries and affiliates (collectively,
the “Employer”), dated as of December 31, 2019 (the
“Agreement”) (the “Severance Amount”), the
sufficiency of which I hereby acknowledge.

 

1.           
General Terms and
Conditions. I understand that
signing this Release is an important legal act. I acknowledge that
I have been advised by the Company to consult an attorney before
signing this Release and that I have done so or I have determined
that such consultation is not necessary. I understand that I have
21 calendar days after delivery of the Agreement and this Release
to consider whether to sign this Release, without alteration, and
return it to the Company by first class mail or by hand delivery,
and that if I execute and return this Release before the expiration
of the 21-day period, I will be deemed to have waived the balance
of the period.

 

2.           Release.
In return for the Severance Benefit, I release my Employer,
including its parents, subsidiaries, affiliates, related companies
or entities, employee benefit plans and the directors, officers,
employees, agents, administrators and other persons acting on
behalf of each of them, together with their predecessors,
successors and assignees (collectively referred to as the
“Released Parties”) from all liabilities, demands,
claims, actions, causes of action, and suits of whatsoever nature
that I have or may have against the Released Parties arising from
or in any way related to my employment with my Company, and my
separation from service, whether known or unknown to me, or
suspected or unsuspected, that I have or may have individually or
as a member of any class. I also release the Released Parties from
any and all liabilities, demands, claims or suits that I may have
against any of the Released Parties arising from any act occurring
prior to the execution of this Waiver and Release, whether known or
unknown to me, or suspected or unsuspected, that I have or may have
individually or as a member of any class.

 

Without
limiting the generality of the foregoing, I hereby specifically
release and discharge the Released Parties from:

 

a.           Any
claims relating my employment by the Company, employment contract,
including any consideration payable with respect thereto, the terms
and conditions of such employment, amounts payable pursuant to
contract, employee benefits related to such employment, my
interaction with other employees, my separation from service,
and/or any of the events relating directly or indirectly to or
surrounding my separation from service, including but not limited
to claims for wrongful or retaliatory discharge, claims of
discrimination, unfair working conditions, constructive discharge,
breach of contract, tort, defamation, libel, slander, and emotional
distress;

 

b.           Any
claims of discrimination, harassment, unfair or inequitable
treatment, whistle blowing or retaliation in connection with my
employment, whether arising under federal, state or local law,
including, without limitation, all arising claims under the Age
Discrimination in Employment Act of 1967, as amended, the Older
Workers’ Benefits Protection Act of 1990, Title VII of the
Civil Rights Act of 1964, as amended, the Americans with
Disabilities Act, the Civil Rights Act of 1991, the Reconstruction
Era Civil Rights Act of 1866, 42 USC §§ 1981-86, as
amended, the Rehabilitation Act of 1973, the Equal Pay Act, the
Fair Pay Act of 2009, the Family and Medical Leave Act, the Genetic
Information Nondiscrimination Act, the Health Insurance Portability
and Accountability Act of 1996, the Employee Retirement Income
Security Act, the Sarbanes-Oxley Act of 2002, and all other
federal, state, and local laws, statutes, ordinances and/or
regulations, and common law claims.

 

 

7

 

 

3.           Further
Limitations. Notwithstanding paragraph 2 hereof, this
Release does not
release any claim that I may have (a) for continuation of
health care coverage under COBRA, (b) for benefits arising from any
retirement plan or welfare plan in which I was a participant during
my employment, (c) for any rights or claims that arise after
execution of this Release and (d) for any rights arising under this
General Waiver and Release or the Agreement.

 

Without
limiting the generality of paragraph 2 hereof, it is expressly
acknowledged that this Release does apply to and does release
any claim that I may have for discrimination or retaliation under
any state workers’ compensation act or other state law
prohibiting discrimination or retaliatory discharge, the Age
Discrimination in Employment Act, and/or the Older Workers’
Benefit Protection Act, and/or any other claim that I might assert
for unlawful discharge or discrimination for exercising any right
under any benefit plan of the Employer.

 

4.           
General Provisions.

 

a.           
Should any of the provisions set forth in this Waiver be determined
to be invalid by a court or other tribunal of competent
jurisdiction, it is agreed that such determination shall not affect
the enforceability of other provisions thereof.

 

b.           
I acknowledge that this Release and the Agreement set forth the
entire understanding and agreement between me and the Company
concerning the subject matter of this Release and supersede my
prior or contemporaneous oral and/or written agreements or
representations, if any, between me and the Company. I further
acknowledge that no person has the authority to vary the terms of
this release, except an authorized officer of the Company by means
of a written amendment hereto.

 

c.           
I acknowledge that I have read this Release, have had an
opportunity to ask questions and have it explained to me, and that
I understand that this Release will have the effect of knowingly
and voluntarily waiving any action I might pursue, including breach
of contract, personal injury, retaliation, discrimination on the
basis of race, age, sex, national origin or disability and any
other claims arising prior to the date hereof.

 

d.           
I further agree that in the event of my material breach of this
Release, in addition to any other legal or equitable remedy, the
Company shall be entitled to recover any payments made to me under
the Agreement, subject to any restrictions on such recovery or
relief as may be imposed under applicable law or as may be required
to ensure that this Release is and remains valid and
enforceable.

 

 

8

 

 

e.           
I understand that for a period of seven calendar days following the
execution of this Release, I may revoke it by delivering a written
statement to the Company by hand or by registered mail, addressed
to the address for the Company specified in the Agreement, in which
case the Release will not become effective. In such event, the
Company shall have no obligation to provide me the consideration
offered under Paragraph 4 of the Agreement. Upon the expiration of
such seven-day period, I understand that this Release shall be
permanent and irrevocable.

 

f.           
I agree that absent the execution of
this Release, I am not
otherwise due the Severance Benefit
from the Company, except payments under Paragraph 4(c) for services
that I have performed or any contractual agreement with the
Company.

 

 

	
/s/
Benjamin M. Dobbins

	
 

	
Benjamin
M. Dobbins,

	
 

	
 

	
 

	
February
5, 2020

	
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9

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