Document:

Exhibit 10.15

 

EMPLOYMENT AGREEMENT

 

EMPLOYMENT AGREEMENT (this
"Agreement") dated as of April 02, 2019, by and between MOBIQUITY TECHNOLOGIES, INC., a New York corporation having
an office at 35 Torrington Lane, Shoreham, NY 11786 ("Company") and DEAN JULIA ("Julia") with an office
at 61 Broadway, Suite 1105, New York, NY 10006.

 

W I T N E S S E T H:

 

WHEREAS, Company desires to
engage the services of Julia and Julia desires to provide the services to Company in connection with Company's business; and

 

WHEREAS, both parties desire
to clarify and specify the rights and obligations which each have with respect to the other in connection with Julia's services.

 

NOW, THEREFORE, in consideration
of the agreements and covenants herein set forth, the parties hereby agree as follows:

 

1.        EMPLOYMENT

 

Julia hereby agrees to be employed
by Company as the Chief Executive Officer of Company, and Julia hereby agrees to render his services as Company's Chief Executive
Officer for the Term (as hereinafter defined), all subject to and on the terms and conditions herein set forth.

 

2.        DUTIES
AND RESPONSIBILITIES OF JULIA

 

(a) 
Julia will be the Chief Executive Officer of Company, subject to the other provisions of this Section 2. Although Julia
shall be required to travel from time to time, Julia's primary office shall be based in New York City or the surrounding area.
Julia shall not be required to relocate from the New York City metropolitan area without Julia's prior written consent, which consent
may be withheld by Julia in his absolute discretion.

 

(b) Julia shall be elected to
the Board of Directors of the Company (the "Board") and during the Term shall be nominated for re-election to the Board.

 

(c) 
During the term of this Agreement, Julia will exercise such authority, perform such executive duties and functions and
discharge such responsibilities as he deems appropriate as are customarily vested in an officer of a public company with said
title, including, authority with respect to among other matters, purchasing, pricing, sales and the hiring, compensating and discharging
of employees, financing arrangements, all subject to the overall authority of the Board of Directors of the Company consistent
with the By-Laws of the Company. As such, Julia shall be primarily responsible for the direction and management of the current
and future affairs and business of the Company. Julia shall use his best efforts to maintain and enhance the business and reputation
of Company and shall perform such other duties commensurate with his position as may, from time to time, be designated to Julia
by the Board.

 

 

 

    	 	1	 

     

    

 

3.        EXCLUSIVITY OF SERVICE

 

The Company agrees that
Julia shall be required to devote the necessary business time, effort and attention to the business and efforts of the Company
and its subsidiaries as he deems necessary for the performance of his duties. Julia may pursue other outside business interests
that are not related to the same business as Mobiquity Technologies, as long as it does not interfere with the everyday responsibilities
of Mobiquity Technologies.

 

4.        COMPENSATION; BONUS

 

(a) 
In consideration for Julia's services to be performed under this Agreement and as compensation therefor, Company shall pay
to Julia, commencing as of the date set forth above, in addition to all other benefits provided for in this Agreement, a base salary
at the rate of Three Hundred Sixty ($360,000) Dollars per annum, (the "Julia Base Salary"). All payments of Julia Base
Salary shall be payable in biweekly installments or otherwise in accordance with Company's policies.

 

(b) In addition to the Julia Base Salary,
Julia shall be entitled to a quarterly bonus (the "Quarterly Bonus") of at least 1% of Gross Revenue (as defined under
generally accepted accounting principles) for each completed fiscal quarter, so long as Gross Revenue meets or exceeds seventy-five
(75%) percent of managements stated goal (See exhibit A). The Quarterly Bonus, shall be paid no later than fourteen (14) days from
Company's filing of the form 10-Q, either in cash, common stock or stock options, at the election of Julia. Should this Agreement
be terminated prior to the end of any fiscal year for any reason other than that provided in paragraph 9(a), a pro rata portion
of the Quarterly Bonus shall be paid within 30 days of such termination. For each subsequent calendar year the Company's Board
of Directors, will confirm a new revenue goal for the upcoming year and that goal will be added to Exhibit A for the purpose of
calculating the Quarterly Bonus.

 

 (c) In the event that the
Company is acquired through a board of directors approved (i)change in control of at least 50% of the outstanding voting
stock or (ii) the sale of all or substantially all of the assets, Julia shall be entitled to receive a payment in-kind equal
to three (3%) percent of the consideration paid in connection with said transaction.

 

5.        BENEFITS AND INDEMNIFICATION

 

Julia shall be entitled to the following during and
in respect of the term of this Agreement:

 

(a) 
As a signing bonus, Company shall grant Julia, Twenty-Five Million (25,000,000) Shares of common share or stock
options, at the election of Julia.

 

(b) Company shall provide
Julia with hospitalization, medical and dental insurance coverage and 401(k) benefits as is customary for other senior officers
of the Company.

 

(c) 
Julia shall be entitled to six weeks paid vacation to be taken at times mutually and reasonably agreed upon by Julia and
Company in addition to all other holidays established as part of Company's standard practices. Unused vacation time can carry forward
to the next year or be exchanged for cash.

 

(d) Julia shall each be
entitled to reimbursement for all reasonable travel, reasonable entertainment and other reasonable expenses incurred in connection
with Company's business, provided that such expenses are adequately documented and vouchered in accordance with Company's policies.

 

 

 

 

 

    	 	2	 

     

    

 

(e) The Company shall provide to Julia
to the full extent provided for under the laws of the Company's state of incorporation and the Company's Certificate of Incorporation
and Bylaws, indemnification for any claim or lawsuit which may be asserted against Julia when acting in such capacity for the Company
and/or any subsidiary or affiliated business. The Company shall use reasonable best efforts to include Julia as an insured under
all applicable directors' and officers' liability insurance policies maintained by the Company, and any other subsidiary or affiliated
business.

 

(f) The Company shall provide
Julia with the use of a Company leased or owned automobile with all expenses paid for by the Company.

 

6.        ADDITIONAL
COMPENSATION

 

On April 1st of each year under this
Agreement commencing April I, 2020, Julia shall be entitled to receive (i) fully vested 10-year non-statutory options to
purchase Five Million (5,000,000) Shares of Common Stock at an exercise price to be determined by the board,
which may be discounted if permitted by the Stock Option Plan, but not greater than 100% of fair market value of the
Company's Common Stock as of the close of business on the last business day of March immediately preceding the date of grant.
Julia shall be also entitled to Company paid disability insurance and term life insurance for the benefit of his family in an
amount to be fixed by the Board of Directors of the Company at a cost not to exceed $15,000 per annum.

 

7.        TERM
OF EMPLOYMENT

 

The term of Julia's employment
hereunder shall be from the date hereof for a period of three (3) years (the "Term"), unless terminated prior thereto
in accordance with Section 9 hereof. The Agreement shall be automatically renewed for a two-year term thereafter unless either
party gives 90 days prior written notice of intent not to renew this Agreement prior to the end of the Term or extended term hereunder.

 

8.        NON-COMPETITION;
NON-SOLICITATION

 

(a) 
Julia hereby agrees and covenants that during the Term hereof that he will not directly or indirectly engage in or become
interested (whether as an owner, principal, member, partner, trustee, director, officer, employee or through the agency of any
corporation, limited liability company, partnership, association or agent or otherwise) in any business enterprise which is engaged
in the current business of the Company during the Term; PROVIDED, HOWEVER, that ownership of not more than 15% of the outstanding
securities of any class of any entity that are listed or traded in the over-the-counter market shall not be considered a breach
of this Section 8.

 

(b) Julia agrees and covenants
that during the Term hereof he and his agents will not (without first obtaining the written permission of Company) directly or
indirectly participate in the solicitation of any business of any type conducted by Company during the period of this Agreement
from any person or entity which was a client or customer of Company during the period of this Agreement, or was a prospective customer
of Company from which Julia solicited business or for which a proposal for submission was prepared during the period.

 

(c) 
Julia agrees and covenants that during the Term of this Agreement he will not (without first obtaining the written permission
of Company) directly or indirectly recruit for employment, or induce or seek to cause such person to terminate his or her employment
with Company, any person who then is an employee of Company or who was an employee of Company during the preceding six (6) months.

 

 

 

 

 

    	 	3	 

     

    

 

9.        TERMINATION

 

(a) TERMINATION
BY THE COMPANY WITH CAUSE. Notwithstanding the terms of this Agreement, Company may terminate this Agreement for cause
("Cause") in the event (i) of Julia's commission of an act involving fraud, embezzlement, or theft against the
Company, or (ii) Julia shall be convicted of or plead nolo contendere to a felony or engages in other criminal conduct
that could reasonably be expected to have a material adverse effect on the business, assets, properties, prospects, results
of operations or financial condition of Company. In the event this Agreement is terminated pursuant to this Section 9(a),
Julia's Base Salary shall terminate immediately upon such discharge, and Company shall have no further obligations to Julia
except for payment and reimbursement for any monies due which right to payment or reimbursement accrued prior to such
termination.

 

(b) DEATH OR DISABILITY.
The Company may terminate this Agreement upon the disability or death of Julia by giving written notice to Julia. In the case of
disability, such termination will become effective immediately upon the giving of such notice unless otherwise specified by the
Company. For purposes of this Section 9(b), "disability" shall mean that for a period of more than four consecutive months
in any 12-month period Julia is unable to perform the essential functions of his position because of physical, mental or emotional
incapacity resulting from injury, sickness or disease. Upon any such termination, the Company shall be relieved of all its obligations
under this Agreement, except for payment of the Julia Base Salary and Annual Bonus earned and unpaid through the effective date
of termination. Nothing in this provision is intended to violate state or federal laws.

 

(c) 
TERMINATION BY JULIA. Julia may terminate this Agreement at any time by giving three months' prior written notice to the
Company. The Company shall be relieved of all its obligations under this Agreement, except for payment of the Julia Base Salary
and Annual Bonus earned and unpaid through the effective date of termination and those obligations in paragraph 5.

 

10.        VIOLATION OF OTHER AGREEMENTS AND
AUTHORITY

 

(a) Julia represents and warrants
to Company that he is legally able to enter into this Agreement; that he is not prohibited by the terms of any agreement, understanding
or policy from entering into this Agreement; that the terms hereof will not and do not violate or contravene the terms of any agreement,
understanding or policy to which Julia is or may be a party, or by which Julia may be bound; that Julia is under no physical or
mental disability that would materially interfere with the performance of his duties under this Agreement. Julia agrees that, as
it is a material inducement to Company that Julia make the foregoing representations and warranties and that they be true in all
material respects.

 

11.        COMPANY AUTHORITY RELATIVE TO THIS
AGREEMENT

 

The Company has the requisite
corporate power and authority to execute and deliver this agreement and to consummate the transactions contemplated by this Agreement.
The Board of Directors of the Company has duly authorized the execution and delivery of this Agreement by the Company and the
consummation by the Company of the transactions contemplated on its part by this Agreement, and no other corporate proceedings
on the part of the Company are necessary to authorize this Agreement or for the Company to consummate the transactions contemplated
by it. The Company has duly validly executed and delivered this Agreement and it is a valid and binding Agreement of the Company,
enforceable against the Company in accordance with its terms, subject to bankruptcy or insolvency laws affecting creditors' rights
generally and to general principles of equity.

 

 

 

 

 

    	 	4	 

     

    

 

12.        NOTICES

 

Any and all notices, demands
or requests required or permitted to be given under this Agreement shall be given in writing and sent, by registered or certified
U.S. mail, return receipt requested, by hand, or by overnight courier, addressed to the parties hereto at their addresses set forth
above or such other addresses as they may from time-to-time designate by written notice, given in accordance with the terms of
this Section.

 

13.        WAIVERS

 

No waiver by any party of any
default with respect to any provision, condition or requirement hereof shall be deemed to be a waiver of any other provision, condition
or requirement hereof; nor shall any delay or omission of any party to exercise any right hereunder in any manner impair the exercise
of any such right accruing to it thereafter.

 

14.        PRESERVATION OF
INTENT

 

Should any provision of this
Agreement be determined by a court having jurisdiction in the premises to be illegal or in conflict with any laws of any state
or jurisdiction or otherwise unenforceable, Company and Julia agree that such provision shall be modified to the extent legally
possible so that the intent of this Agreement may be legally carried out.

 

15.        ENTIRE
AGREEMENT

 

This Agreement sets forth the entire and
only agreement or understanding between the parties relating to the subject matter hereof and supersedes and cancels all previous
agreements, negotiations, letters of intent, correspondence, commitments and representations in respect thereof among them, and
no party shall be bound by any conditions, definitions, warranties or representations with respect to the subject matter of this
Agreement except as provided in this Agreement.

 

16.        INUREMENT; ASSIGNMENT

 

The rights and obligations of
Company under this Agreement shall inure to the benefit of and shall be binding upon any successor of Company or to the business
of Company, subject to the provisions hereof. Neither this Agreement nor any rights or obligations of Julia hereunder shall be
transferable or assignable by Julia.

 

17.        AMENDMENT

 

This Agreement may not be amended
in any respect except by an instrument in writing signed by the parties hereto.

 

18.        HEADINGS

 

The headings in this Agreement
are solely for convenience of reference and shall be given no effect in the construction or interpretation of this Agreement.

 

 

 

 

    	 	5	 

     

    

 

19.        COUNTERPARTS

 

This Agreement
may be executed in any number of counterparts, each of which shall be deemed an original, but all of which when taken together
shall constitute one and the same instrument.

 

20.        GOVERNING
LAW

 

This Agreement
shall be governed by, construed and enforced in accordance with the internal laws of the State of New York, without giving reference
to principles of conflict of laws. Each of the parties hereto irrevocably consents to the venue and exclusive jurisdiction of
the federal and state courts located in the State of New York, County of New York. THE PARTIES HEREBY KNOWINGLY, IRREVOCABLY,
VOLUNTARILY AND INTENTIONALLY WAIVE ANY RIGHT THEY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY ACTION, PROCEEDING OR COUNTERCLAIM
BASED ON THIS EMPLOYMENT AGREEMENT OR THE TRANSACTIONS CONTEMPLATED IN IT, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS
(WHETHER VERBAL OR WRITTEN) OR ACTIONS OF ANY PARTY TO IT.

 

IN WITNESS
WHEREOF, this agreement has been approved by the Compensation Committee of the Board of Directors of the Company and the parties
hereto have caused this Agreement to be duly executed as of the date first above written.

  

	 	MOBIQUITY TECHNOLOGIES, INC.	 
	 	 	 	 
	 	By:  	/s/ Sean McDonnell                     4-2-19	 
	 		SEAN McDONNELL, CFO	 
	 	 	 	 
	 	 	 	 
	 		/s/ Dean Julia	 
	 		DEAN JULIA	 

 

 

 

 

 

 

    	 	6	 

     

    

 

 

Exhibit A

 

 

2019 Revenue Goal

 

	Q1	 	 	 	 
	Jan	 	$	350,000	 
	Feb	 	$	375,000	 
	Mar	 	$	650,000	 
	 	 	 	 	 
	Q2	 	 	 	 
	Apr	 	$	1,000,000	 
	May	 	$	1,000,000	 
	Jun	 	$	1,320,000	 
		 	 	 	
	Q3	 	 	 	 
	Jul	 	$	1,780,000	 
	Aug	 	$	1,940,000	 
	Sep	 	$	2,450,000	 
	Q4	 	 	 	 
	Oct	 	$	2,700,000	 
	Nov	 	$	3,250,000	 
	Dec	 	$	4,200,000	 
	 	 	 	 	 
	Total	 	$	21,015,000	 

 

 

 

 

 

 

 

 

    	 	7Exhibit 10.16

 

EMPLOYMENT AGREEMENT

 

EMPLOYMENT
AGREEMENT (this "Agreement") dated as of April 02,  2019, by and between MOBIQUITY TECHNOLOGIES, INC., a
New York corporation (the "Company") having an office at 35 Torrington Lane, Shoreham, NY 11786 and Sean Trepeta
("Trepeta") having an address at 61 Broadway, suite 1105, New York, NY 11786.

 

W I T N E S S E T H:

 

WHEREAS, Company
desires to engage the services of Trepeta and Trepeta desires to provide the services to Company as an employee in connection with
Company's business; and

 

WHEREAS, both
parties desire to clarify and specify the rights and obligations which each have with respect to the other in connection with Trepeta's
services.

 

NOW, THEREFORE,
in consideration of the agreements and covenants herein set forth, the parties hereby agree as follows:

 

1. Employment

 

Trepeta hereby agrees to be employed by Company as
its President of Mobiquity Networks.

 

2. Duties and
Responsibilities of Trepeta

 

Trepeta's duties and
responsibilities shall be those assigned to him by the Board of Directors of the Company in addition to the following:

 

·       
Establish and manage procedures and process of Sales Department;

 

·       
Establish sales quota (monthly/quarterly/annually);

 

·       
Define Necessary Hires for Sales Department;

 

·       
Define Responsibilities for all employee within Sales Department;

 

·       
Oversee and Maintain Salesforce accuracy (Sales Pipeline); and

 

·       
Schedule Weekly Sales Department Meetings

 

 

 

    	 	1	 

     

    

 

3.       Exclusivity
of Service

 

The Company agrees
that Trepeta shall be a full-time employee of the Company. Trepeta may pursue other outside business interests that are not related
to the same business as the Company, as long as it does not interfere with the everyday responsibilities of the Company.

 

4.       Compensation;
Bonus

 

		(a)	In consideration for Trepeta's services to be performed under this Agreement and as compensation
therefor, Company shall pay to Trepeta, commencing as of the date set forth above, in addition to all other benefits provided for
in this Agreement, a salary at the rate of Twenty Thousand ($20,000) Dollars per month, (the "Trepeta Salary"). All payments
of Trepeta Salary shall be payable in accordance with Company's policies.

 

		(b)	Upon execution of this Agreement, Trepeta shall receive the grant of 10-year options to purchase
Ten Million (10,000,000) Shares of Common Stock under Mobiquity Technologies, Inc.'s ("MTI") Stock Option Plan,
with 35% vesting on the date hereof, 35% vesting twelve (12) months from the date hereof, and the remaining 30% vesting twenty-four
(24) months from the date hereof. The exercise price of said options shall be the closing sale price of MTI's Common Stock on the
date of grant.

 

		(c)	In addition to the Trepeta Base
                                         Salary, Trepeta shall be entitled to a quarterly bonus (the "Quarterly Bonus")
                                         of 1% of Gross Revenue (as defined under generally accepted accounting principles) for
                                         each completed fiscal quarter, so long as Gross Revenue meets or exceeds managements
                                         stated goal (See exhibit A). The Quarterly Bonus, shall be paid no later than fourteen
                                         (14) days from Company's filing of the form 10-Q, either in cash, common stock
                                         or stock options, at the election of Trepeta. Should this Agreement be terminated prior
                                         to the end of any fiscal year for any reason other than that provided in paragraph 8,
                                         a pro rata portion of the Quarterly Bonus shall be paid within 30 days of such termination.

 

5.       Reimbursements
and Indemnification

 

Trepeta shall be entitled to the following during
and in respect of the term of this Agreement:

 

(a) The
Company shall provide to Trepeta to the full extent provided for under the laws of the Company's state of incorporation and the
Company's Certificate of Incorporation and Bylaws, indemnification for any claim or lawsuit which may be asserted against Trepeta
when acting in such capacity for the Company and/or any subsidiary or affiliated business. The Company shall use reasonable best
efforts to include Trepeta as an insured under all applicable directors' and officers' liability insurance policies maintained
by the Company, and any other subsidiary or affiliated business.

 

 

 

 

    	 	2	 

     

    

 

(b)
Trepeta shall also be entitled to participation in the Company's health insurance for him and his family, three weeks paid
vacation and three months' severance pay if terminated without cause.

 

6.       Term
of Employment

 

Trepeta shall be considered an employee
at will.

 

7.       Non-Competition;
Non-Solicitation

 

(a)
Trepeta hereby agrees and covenants that during the Term hereof that he will not directly or indirectly engage in or become interested
(whether as an owner, principal, agent, stockholder, member, partner, trustee, venturer, lender or other investor, director, officer,
employee, consultant or through the agency of any corporation, limited liability company, partnership, association or agent or
otherwise) in any business enterprise which is engaged in the current business of the Company during the Term; provided, however,
that ownership of not more than 15% of the outstanding securities of any class of any entity that are listed on a national securities
exchange or traded in the over-the-counter market shall not be considered a breach of this Section 7.

 

(b)
Trepeta agrees and covenants that during the Term of this Agreement and a period of one year thereafter, he will not (without
first obtaining the written permission of Company) directly or indirectly recruit for employment, or induce or seek to cause
such person to terminate his or her employment with Company, any person who then is an employee of Company or who was an
employee of Company during the preceding twelve (12) months.

 

8.       Termination

 

Termination
by the Company with Cause. The following shall be considered acts of cause which shall void any payment of severance pay to
Trepeta. "Cause" is hereby defined as event (i) of Trepeta's commission of an act involving fraud, embezzlement, or
theft against the property or personnel of Company, (ii) Trepeta shall be convicted of, or plead nolo contendere to a felony
or engages in other criminal conduct that could reasonably be expected to have a material adverse affect on the business, assets,
properties, prospects, results of operations or financial condition of Company, or (iii) Trepeta's failure to comply with the
directions of the Company's board of directors and/or executive officers. In the event this Agreement is terminated pursuant to
this Section 8(a), Trepeta's Salary and all benefits under Section 5(c) hereof shall terminate immediately upon such discharge,
and Company shall have no further obligations to Trepeta except for payment and reimbursement for any monies due which right to
payment or reimbursement accrued prior to such termination. Termination for cause shall also include failure to adhere to policies
and Code of Conduct established by the Board of Directors.

 

 

 

    	 	3	 

     

    

 

9.                 
Violation of Other Agreements and Authority

 

Trepeta represents
and warrants to Company that he is legally able to enter into this Agreement; that he is not prohibited by the terms of any agreement,
understanding or policy from entering into this Agreement; that the terms hereof will not and do not violate or contravene the
terms of any agreement, understanding or policy to which Trepeta is or may be a party, or by which Trepeta may be bound; that Trepeta
is under no physical or mental disability that would materially interfere with the performance of his duties under this Agreement.
Trepeta agrees that, as it is a material inducement to Company that Trepeta make the foregoing representations and warranties and
that they be true in all material respects.

 

10.            
Company Authority Relative to this Agreement

 

The Company has the
requisite corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated by
this Agreement. The Board of Directors of the Company has duly authorized the execution and delivery of this Agreement by the Company
and the consummation by the Company of the transactions contemplated on its part by this Agreement, and no other corporate proceedings
on the part of the Company are necessary to authorize this Agreement or for the Company to consummate the transactions contemplated
by it. The Company has duly validly executed and delivered this Agreement and it is a valid and binding Agreement of the Company,
enforceable against the Company in accordance with its terms, subject to bankruptcy or insolvency laws affecting creditors' rights
generally and to general principles of equity.

 

11.            
Notices

 

Any and all notices,
demands or requests required or permitted to be given under this Agreement shall be given in writing and sent via email to the
email address provided for Mr. Trepeta below and, on behalf of the Company, to the email address of Dean Julia as set forth below.

 

12.            
Waivers

 

No waiver by any party
of any default with respect to any provision, condition or requirement hereof shall be deemed to be a waiver of any other provision,
condition or requirement hereof; nor shall any delay or omission of any party to exercise any right hereunder in any manner impair
the exercise of any such right accruing to it thereafter.

 

13.            
Entire Agreement

 

This Agreement sets
forth the entire and only agreement or understanding between the parties relating to the subject matter hereof and supersedes
and cancels all previous agreements, negotiations, letters of intent, correspondence, commitments and representations in respect
thereof among them, and no party shall be bound by any conditions, definitions, warranties or representations with respect to
the subject matter of this Agreement except as provided in this Agreement.

 

 

 

 

    	 	4	 

     

    

 

14.       Inurement; Assignment

 

The rights and obligations
of Company under this Agreement shall inure to the benefit of and shall be binding upon any successor of Company or to the business
of Company, subject to the provisions hereof. Neither this Agreement nor any rights or obligations of Trepeta hereunder shall be
transferable or assignable by Trepeta.

 

15.            
Amendment

 

This Agreement may
not be amended in any respect except by an instrument in writing signed by the parties hereto.

 

16.            
Headings

 

The headings in this
Agreement are solely for convenience of reference and shall be given no effect in the construction or interpretation of this Agreement.

 

17.            
Counterparts

 

This Agreement may
be executed in any number of counterparts, each of which shall be deemed an original, but all of which when taken together shall
constitute one and the same instrument.

 

18.            
Governing Law

 

This Agreement shall
be governed by, construed and enforced in accordance with the internal laws of the State of New York, without giving reference
to principles of conflict of laws. Each of the parties hereto irrevocably consents to the venue and exclusive jurisdiction of
the federal and state courts located in the State of New York, County of Nassau. THE PARTIES HEREBY KNOWINGLY, IRREVOCABLY,
VOLUNTARILY AND INTENTIONALLY WAIVE ANY RIGHT THEY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY ACTION, PROCEEDING OR COUNTERCLAIM
BASED ON THIS EMPLOYMENT AGREEMENT OR THE TRANSACTIONS CONTEMPLATED IN IT, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS
(WHETHER VERBAL OR WRITTEN) OR ACTIONS OF ANY PARTY TO IT.

 

 

 

 

    	 	5	 

     

    

 

IN
WITNESS WHEREOF, this agreement has been approved by the Compensation Committee of the Board of Directors of the Company and
the parties hereto have caused this Agreement to be duly executed as of the date first above written.

  

	 	MOBIQUITY TECHNOLOGIES, INC.	 
	 	 	 	 
	 	By:  	/s/ Dean Julia	 
	 		Dean Julia, CEO	 
	 	 	 	 
	 	 	 	 
	 		/s/ Sean Trepeta	 
	 		Sean Trepeta	 

 

 

 

 

 

 

    	 	6	 

     

    

 

 

Exhibit A

 

 

2019 Revenue Goal

 

	Q1	 	 	 	 
	Jan	 	$	350,000	 
	Feb	 	$	375,000	 
	Mar	 	$	650,000	 
	 	 	 	 	 
	Q2	 	 	 	 
	Apr	 	$	1,000,000	 
	May	 	$	1,000,000	 
	Jun	 	$	1,320,000	 
		 	 	 	
	Q3	 	 	 	 
	Jul	 	$	1,780,000	 
	Aug	 	$	1,940,000	 
	Sep	 	$	2,450,000	 
	Q4	 	 	 	 
	Oct	 	$	2,700,000	 
	Nov	 	$	3,250,000	 
	Dec	 	$	4,200,000	 
	 	 	 	 	 
	Total	 	$	21,015,000	 

 

 

 

 

 

 

 

 

    	 	7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00295-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00295-of-00352.parquet"}]]