Document:

Exhibit
10.1

 

 

NATIONAL ART EXCHANGE, INC.

200
Vesey Street, 24Fl, Unit 24196

New York NY 10080

+646-512-5855

 

 

August
24, 2017

 

Mr.
Qingxi Meng

200
Vesey Street, 24Fl, Unit 24196

New
York NY 10080

 

	Re:	Executive Officer and Director Offer
Letter

 

Dear
Mr. Meng,

 

National Art Exchange, Inc., a Nevada
corporation (the “Company”), is pleased to offer you a position as its President, Chief Executive Officer (“CEO”)
and the Chairman of the board of the directors of the Company (the “Chairman”). We believe your background
and experience will be a significant asset to the Company and we look forward to your participation in the management. Should
you choose to accept this position as the President, CEO and the Chairman, this letter agreement (the “Agreement”)
shall constitute an agreement between you and the Company and contains all the terms and conditions relating to the services you
agree to provide to the Company.

 

1.           Term.  This
Agreement is effective upon your acceptance and signature below. Your term as President, CEO and the Chairman shall continue subject
to the provisions in Section 9 below or until your successor is duly elected and qualified.  The position shall be up
for re-election each year at the annual shareholder’s meeting and upon re-election, the terms and provisions of this Agreement
shall remain in full force and effect.

 

2.           Services.  During
the term of this Agreement, you shall render services as the President, CEO and the Chairman and have such duties, authority, and
responsibility as shall be determined from time to time by the board of directors of the Company (the “Board”),
which duties, authority, and responsibility are consistent with the position of President, CEO and the Chairman (hereinafter your
“Duties”).

 

3.           Compensation.  As
compensation for your services to the Company, you will receive $40,000 in cash per year for serving as the President, CEO and
the Chairman starting from August 24, 2017, which shall be paid to you quarterly in arrears as determined by the Company.

 

You
shall be reimbursed for reasonable and approved expenses incurred by you in connection with the performance of your Duties.

 

4.           [Intentionally
left blank]

 

5.           No
Assignment.  Because of the personal nature of the services to be rendered by you, this Agreement may not be
assigned by you without the prior written consent of the Company.

 

6.           Confidential
Information; Non-Disclosure.  In consideration of your access to certain Confidential Information (as defined
below) of the Company, in connection with your business relationship with the Company, you hereby represent and agree as follows:

 

a.           Definition.  For
purposes of this Agreement the term “Confidential Information” means:

 

i.           Any
information which the Company possesses that has been created, discovered or developed by or for the Company, and which has or
could have commercial value or utility in the business in which the Company is engaged; or 

 

ii.          Any
information which is related to the business of the Company and is generally not known by non-Company personnel.

 

iii.         Confidential
Information includes, without limitation, trade secrets and any information concerning services provided by the Company, concepts,
ideas, improvements, techniques, methods, research, data, know-how, software, formats, marketing plans, and analyses, business
plans and analyses, strategies, forecasts, customer and supplier identities, characteristics and agreements.

 

     

     

    

 

b.           Exclusions.  Notwithstanding
the foregoing, the term Confidential Information shall not include:

 

i.         
  Any information which becomes generally available to the public other than as a result of a breach of the confidentiality
portions of this Agreement, or any other agreement requiring confidentiality between the Company and you;

 

ii.           Information
received from a third party in rightful possession of such information who is not restricted from disclosing such information;
and

 

iii.          Information
known by you prior to receipt of such information from the Company, which prior knowledge can be documented.

 

c.           Documents.  You
agree that, without the express written consent of the Company, you will not remove from the Company’s premises, any notes, formulas,
programs, data, records, machines or any other documents or items which in any manner contain or constitute Confidential Information,
nor will you make reproductions or copies of same.  You shall promptly return any such documents or items, along with
any reproductions or copies, to the Company upon the earliest of Company’s demand, termination of this Agreement, or your termination
or Resignation, as defined in Section 9 herein.

 

d.           Confidentiality.  You
agree that you will hold in trust and confidence all Confidential Information and will not disclose to others, directly or indirectly,
any Confidential Information or anything relating to such information without the prior written consent of the Company, except
as maybe necessary in the course of your business relationship with the Company.  You further agree that you will not
use any Confidential Information without the prior written consent of the Company, except as may be necessary in the course of
your business relationship with the Company, and that the provisions of this paragraph (d) shall survive termination of this Agreement. 

 

e.           Ownership.  You
agree that Company shall own all right, title and interest (including patent rights, copyrights, trade secret rights, mask work
rights, trademark rights, and all other intellectual and industrial property rights of any sort throughout the world) relating
to any and all inventions (whether or not patentable), works of authorship, mask works, designations, designs, know-how, ideas
and information made or conceived or reduced to practice, in whole or in part, by you during the term of this Agreement and that
arise out of your Duties (collectively, “Inventions”) and you will promptly disclose and provide all Inventions
to the Company. You agree to assist the Company, at its expense, to further evidence, record and perfect such assignments, and
to perfect, obtain, maintain, enforce, and defend any rights assigned.

 

7.           Non-Competition.  You
agree and undertake that you will not, so long as you are the President, CEO and the Chairman and for a period of 12 months following
termination of this Agreement for whatever reason, directly or indirectly as owner, partner, joint venture, stockholder, employee,
broker, agent principal, corporate officer, director, licensor or in any other capacity whatsoever, engage in, become financially
interested in, be employed by, or have any connection with any business or venture that is engaged in any activities involving
services or products which compete, directly or indirectly, with the services or products provided or proposed to be provided
by the Company or its subsidiaries or affiliates; provided, however, that you may own securities
of any public corporation which is engaged in such business but in an amount not to exceed at any one time, one percent of any
class of stock or securities of such company, so long as you has no active role in the publicly owned company as director, employee,
consultant or otherwise.  

 

8.            Non-Solicitation.  So
long as you are the President, CEO and the Chairman and for a period of 12 months thereafter, you shall not directly or indirectly
solicit for employment any individual who was an employee of the Company during your tenure.

  

9.            Termination
and Resignation.  Your position as the President, CEO and the Chairman may be terminated
for any or no reason by a vote of the stockholders holding at least a majority of the shares of the Company’s issued and
outstanding shares entitled to vote. Your position as the President, CEO and the Chairman may be terminated for any or no reason
by a majority of the Board at any time, if you have been declared incompetent by an order of a court of competent jurisdiction
or convicted of a felony. You may also terminate your position as the President, CEO and the Chairman for any or no reason by
delivering your written notice of resignation to the Company (“Resignation”), and such Resignation shall be
effective upon the time specified therein or, if no time is specified, upon receipt of the notice of resignation by the Company.
Upon the effective date of the termination or Resignation, your right to compensation hereunder will terminate subject to the
Company's obligations to pay you any compensation (including the vested portion of the Shares) that you have already earned and
to reimburse you for approved expenses already incurred in connection with your performance of your Duties as of the effective
date of such termination or Resignation. Any Shares that have not vested as of the effective date of such termination or Resignation
shall be forfeited and cancelled. 

 

10.         Governing
Law.  All questions with respect to the construction and/or enforcement of this Agreement, and the rights and
obligations of the parties hereunder, shall be determined in accordance with the law of the State of New York applicable to agreements
made and to be performed entirely in the State of New York.

 

    	 	2	 

     

    

 

11.         Entire
Agreement; Amendment; Waiver; Counterparts.  This Agreement expresses the entire understanding with respect
to the subject matter hereof and supersedes and terminates any prior oral or written agreements with respect to the subject matter
hereof.  Any term of this Agreement may be amended and observance of any term of this Agreement may be waived only with
the written consent of the parties hereto.  Waiver of any term or condition of this Agreement by any party shall not
be construed as a waiver of any subsequent breach or failure of the same term or condition or waiver of any other term or condition
of this Agreement.  The failure of any party at any time to require performance by any other party of any provision
of this Agreement shall not affect the right of any such party to require future performance of such provision or any other provision
of this Agreement.  This Agreement may be executed in separate counterparts each of which will be an original and all
of which taken together will constitute one and the same agreement, and may be executed using facsimiles of signatures, and a
facsimile of a signature shall be deemed to be the same, and equally enforceable, as an original of such signature.

  

12.         Indemnification.  The
Company shall, to the maximum extent provided under applicable law, indemnify and hold you harmless from and against any expenses,
including reasonable attorney’s fees, judgments, fines, settlements and other legally permissible amounts (“Losses”),
incurred in connection with any proceeding arising out of, or related to, your performance of your Duties, other than any such
Losses incurred as a result of your negligence or willful misconduct.  The Company shall advance to you any expenses,
including reasonable attorneys’ fees and costs of settlement, incurred in defending any such proceeding to the maximum extent
permitted by applicable law.  Such costs and expenses incurred by you in defense of any such proceeding shall be paid
by the Company in advance of the final disposition of such proceeding promptly upon receipt by the Company of (a) written request
for payment; (b) appropriate documentation evidencing the incurrence, amount and nature of the costs and expenses for which payment
is being sought; and (c) an undertaking adequate under applicable law made by or on your behalf to repay the amounts so advanced
if it shall ultimately be determined pursuant to any non-appealable judgment or settlement that you are not entitled to be indemnified
by the Company.

 

13.         Not
an Employment Agreement.   This Agreement is not an employment agreement, and shall not be construed or interpreted
to create any right for you to continue employment with the Company.

 

14.         Acknowledgement.  
You accept this Agreement subject to all the terms and provisions of this Agreement. You agree to accept as binding, conclusive,
and final all decisions or interpretations of the Board of any questions arising under this Agreement.

 

The
Agreement has been executed and delivered by the undersigned and is made effective as of the date set first set forth above.

  

AGREED
AND ACCEPTED:

 

	/s/
    Qingxi Meng	 
	Name: Qingxi Meng	 

 

 

3Exhibit
10.1

 

COPYRIGHT
LICENSE AGREEMENT (AFTERBURNER DATING SYSTEM)

 

This
Copyright License Agreement (the “Agreement”) is entered into as of August 25, 2017 (the “Effective Date”)
by and between Adam Watson, an individual (the “Licensor”), and Celebiddy Inc (the “Licensee,” and together
with Licensor, each a “Party” and collectively the “Parties”). RECITALS WHEREAS, the Licensor (i) has
valuably created intellectual property and a creative work of authorship, (ii) WHEREAS, the Licensor (I) has not registered or
(ii) applied for the registration of the software more particularly described as follows: “Afterburner Dating System”
(the “AFTERBURNER DATING SYSTEM”); and WHEREAS, the Licensor owns all rights in and to the AFTERBURNER DATING SYSTEM
and retains all rights to the AFTERBURNER DATING SYSTEM that are not transferred herein, and retains all common law copyrights
and all federal copyrights that have been, or that may be granted by the Library of Congress; and retains all rights to any code,
patents, trademarks, and trade secrets. WHEREAS, the Licensor has the right to license others to produce, copy, make, or sell
the AFTERBURNER DATING SYSTEM; WHEREAS, the Licensee wants to obtain, and the Licensor has agreed to grant, a license authorizing
the use of the AFTERBURNER DATING SYSTEM by the Licensee subject to the terms and conditions of this Agreement; and WHEREAS, each
Party is duly authorized and capable of entering into this Agreement. WHEREAS, the Licensee has agreed to make a payment of 10%
of the net profits, in exchange for this license, said net profits defined as gross earnings less reasonable expenses.

 

NOW
THEREFORE, in consideration of the above recitals and the mutual promises and benefits contained herein, and for other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby agree as follows:

 

1.  
GRANT OF LICENSE. Effective as of the Effective Date and subject to the terms and conditions of this Agreement, the Licensor hereby
grants to the Licensee, and the Licensee hereby accepts, an exclusive, non-transferable license to exercise the rights in the
AFTERBURNER Copyright License Agreement (AFTERBURNER DATING SYSTEM) to Date Kickstarter DATING SYSTEM, in any and all media (including
but not limited to electronic, print, video, and any other technology now known or that may be developed in the future). The Licensor
can sell copies of the AFTERBURNER DATING SYSTEM. The Licensor can not make a web-based implementation of the AFTERBURNER DATING
SYSTEM or give permission for a third party to do so.

 

2.  
NO ASSIGNMENT OR TRANSFER. The Licensor hereby acknowledges and agrees that the rights licensed in this Agreement constitute or
shall be construed to be an assignment or exclusive license of any or all of the Licensor’s rights in the AFTERBURNER DATING
SYSTEM. The Licensor retains ownership of the copyright in the AFTERBURNER DATING SYSTEM, and all rights not expressly granted
in this Agreement.

 

     

     

    

 

3.
CONSIDERATION. As consideration for the assignment of the Authored Works and the Licensor’s representations and warranties,
Licensee has agreed to make a payment of 10% of the net profits. Net sales means sales after expenses paid including payroll for
company employees, marketing (Web, Radio, TV, Social Media), Legal Fee’s, Taxes, any other relevant costs. Returns and refunds
are not a part of net sales.

 

The
Licensee agrees to pay the Licensor $1500 US in advance. This must be paid within 30 days of the Licensor installing the AFTERBURNER
DATING SYSTEM and getting it working reasonably well. The Licensee does not pay again until the royalties add up to more than
the advance amount.

 

The
Licensee must pay the royalties once a month by wire transfer or another method that both parties agree to.

 

The
Licensee must pay the royalties for sales within 60 days from the end of the month the sale was made in.

 

The
Licensor must give written approval for changes to what is considered net sales and what expenses are included in the calculation.

 

The
Licensor has the right to hire a third party to audit the Licensee to ensure its payments are correct. The Licensee agrees to
cooperate with the auditors.

 

The
Licensor will give the Licensee 10,000 shares of stock in the company where the Licensor is using the AFTERBURNER DATING SYSTEM.
This must be done before November 1, 2017.

 

4.
DELIVERY OF AFTERBURNER DATING SYSTEM. The Licensor will provide the AFTERBURNER DATING SYSTEM from which the Licensee can use
it for the purposes described herein.

 

5.
OWNERSHIP AND USE OF AFTERBURNER DATING SYSTEM. (a) Ownership of AFTERBURNER DATING SYSTEM. The Licensee hereby acknowledges that
the Licensor is the owner of the AFTERBURNER DATING SYSTEM and of all associated federal registrations and pending registrations,
and the Licensee shall do nothing inconsistent with such ownership. The Licensee further agrees that it will not claim ownership
rights to the AFTERBURNER DATING SYSTEM, or any derivative, compilation, sequel or series, or related work owned by or used by
the Licensor. The Licensee agrees that nothing in this Agreement shall give the Licensee any right, title, or interest in the
AFTERBURNER DATING SYSTEM other than the right to use the same in accordance with this Agreement. (b) Validity of Registrations.
The Licensee hereby admits the validity of all copyrights for the AFTERBURNER DATING SYSTEM and all associated registrations and
acknowledges that any and all rights that might be acquired by the Licensee because of its use of the AFTERBURNER DATING SYSTEM
shall inure to the sole benefit of the Licensor; provided, however, that this subsection (b) shall not entitle the Licensor to
all or any portion of the profits or revenues from the Licensee’s permitted uses hereunder, except for the fees described
in Section 6 above. Copyright License Agreement (AFTERBURNER DATING SYSTEM) 3 (c) Limitation on Licensee’s Actions. The
Licensee agrees that it will not do anything inconsistent with the Licensor’s ownership of the AFTERBURNER DATING SYSTEM,
and will not claim adversely to the Licensor, or assist any third party in attempting to claim adversely to the Licensor, with
regards to such ownership. The Licensee further agrees that it will not challenge the Licensor’s title to the AFTERBURNER
DATING SYSTEM, oppose any registration or re-registrations thereof, or challenge the validity of this Agreement or the grants
provided herein or hereunder.

 

     

     

    

 

6.
REPRESENTATIONS AND WARRANTIES. (a) The Parties each represent and warrant as follows: A. Each Party has full power, authority,
and right to perform its obligations under the Agreement. B. This Agreement is a legal, valid, and binding obligation of each
Party, enforceable against it in accordance with its terms (except as may be limited by bankruptcy, insolvency, moratorium, or
similar laws affecting creditors’ rights generally and equitable remedies). C. Entering into this Agreement will not violate
the charter or bylaws of either Party or any AFTERBURNER DATING SYSTEM contract to which that Party is also a party. (b) The Licensor
hereby represents and warrants as follows: A. It is the sole owner of all right, title, and interest in and to the AFTERBURNER
DATING SYSTEM; B. It has the right to grant permission for use of the AFTERBURNER DATING SYSTEM as specified in this Agreement;
C. the AFTERBURNER DATING SYSTEM is original, is not in the public domain, and does not contain anything that is obscene; D. It
has not assigned, transferred, exclusively licensed, pledged, or otherwise encumbered the AFTERBURNER DATING SYSTEM or agreed
to do so; E. E. The AFTERBURNER DATING SYSTEM code is either written by the Licensor or is used with the permission of its authors.

 

;
Copyright License Agreement (AFTERBURNER DATING SYSTEM) 4 F. It is not aware of any third-party consents, assignments, or licenses
that are necessary to perform under this Agreement; and G. It was not acting within the scope of employment of any third party
when conceiving, creating, or otherwise performing any activity with respect to the AFTERBURNER DATING SYSTEM purportedly licensed
in Section 1.

 

7.
DOCUMENTATION. a. Recordation of Agreement. The Licensor will, as soon as is reasonably possible following a request from the
Licensee, provide the Licensee with a complete copy of all documentation (in any format) relating to the AFTERBURNER DATING SYSTEM
for the Licensee’s own use, to meet record-keeping requirements of the Licensee, or to allow the Licensee to exercise its
rights granted pursuant to this Agreement. The Licensor will also, on request: i. execute and deliver, or cause to be executed
and delivered, to the Licensee any additional papers, including any separate licenses of the AFTERBURNER DATING SYSTEM, reasonably
necessary to record the license in the United States [and throughout the world]; and ii. generally do all other lawful acts reasonable
and necessary to record the Agreement in the United States [and throughout the world]. b. Licensee Assistance in Maintaining Work.
The Licensee shall on request give to the Licensor or its authorized representatives any information as to its use of the AFTERBURNER
DATING SYSTEM, any Collective Work, or any Derivative Work that the Licensor may reasonably require and will render any (non-monetary)
assistance reasonably required by the Licensor in maintaining the AFTERBURNER DATING SYSTEM or any registrations thereof.

 

     

     

    

 

8.  
Indemnify. The Licensor will indemnify the Licensee against and hold it harmless from: 5 encumbrance, or other obligation to which
the Licensor is a party or of which it has knowledge; (c) any claim relating to any past, present, or future use, licensing, sublicensing,
distribution, marketing, disclosure, or commercialization of the AFTERBURNER DATING SYSTEM by the Licensor; and (d) any litigation,
arbitration, judgments, awards, attorneys’ fees, liabilities, settlements, damages, losses, and expenses relating to or
arising from (a), (b), or (c) above. The Licensee is not responsible if a third party takes legal action against the Licensor.
However, the Licensor is not responsible if a third party takes legal action against the Licensee regarding the Licensee’s
use of the AFTERBURNER DATING SYSTEM to interact with an online dating service.

 

9.  
Licensee Responsibilities

 

The
Licensee must spend at least $2000 US per month on average during the 12 month period starting at the Effective Date after a month
when the website goes live. This $2000 must be directly used to operate and grow the business related to the AFTERBURNER DATING
SYSTEM.

 

10.
NO IMPLIED WAIVER. The failure of either Party to insist on strict performance of any covenant or obligation under this Agreement,
regardless of the length of time for which such failure continues, shall not be deemed a waiver of such Party’s right to
demand strict compliance in the future. No consent or waiver, express or implied, to or of any breach or default in the performance
of any obligation under this Agreement shall constitute a consent or waiver to or of any other breach or default in the performance
of the same or any other obligation.

 

However,
if the Licensee pays the Licensor less than $1000 US per month on average during any 8 month period which starts after November
12, 2017, this license will no longer be exclusive.

 

The
Licensor must give 30 days notice in writing, during which time the Licensee can pay the outstanding amount and keep the license
exclusive.

 

     

     

    

 

11.
NO AGENCY RELATIONSHIP. This Agreement creates a licensor-licensee relationship between the Parties. Nothing in this Agreement
shall be construed to establish a joint venture, agency, or partnership relationship between the Parties.

 

However,
if the Licensee pays the Licensor less than $1000 US per month on average during any 8 month period which starts after November
12, 2017, this license will no longer be exclusive.

 

13.
GOVERNING LAW. This Agreement shall be governed by the laws of the state of California. In the event that litigation results from
or arises out of this Agreement or the performance thereof, the Parties agree to reimburse the prevailing Party’s reasonable
attorneys’ fees, court costs, and all other expenses, whether or not taxable by the court as costs, in addition to any other
relief to which the prevailing Party may be entitled.

 

14. COUNTERPARTS/ELECTRONIC SIGNATURES. This Agreement may be executed in
one or more counterparts, each of which shall be deemed an original but all of which shall constitute one and the same instrument.
For purposes of this Agreement, use of a facsimile, e-mail, or other electronic medium shall have the same force and effect as
an original signature.

 

15. 
SEVERABILITY. Whenever possible, each provision of this Agreement, will be interpreted in such manner as to be effective and valid
under applicable law, but if any provision of this Agreement is held to be invalid, illegal, or unenforceable in any respect under
any applicable law or rule in any jurisdiction, such invalidity, illegality, or unenforceability will not affect any other provision
or any other jurisdiction, but this Agreement will be reformed, construed, and enforced in such jurisdiction as if such invalid,
illegal, or unenforceable provisions had never been contained herein.

 

16. 
ENTIRE AGREEMENT. This Agreement constitutes the final, complete, and exclusive statement of the agreement of the Parties with
respect to the subject matter hereof, and supersedes any and all other prior and contemporaneous agreements and understandings,
both written and oral, between the Parties.

 

17. 
HEADINGS. Headings used in this Agreement are provided for convenience only and shall not be used to construe meaning or intent.
[SIGNATURE PAGE FOLLOWS] Copyright License Agreement (AFTERBURNER DATING SYSTEM) 7 IN WITNESS WHEREOF, the Parties have executed
this Agreement as of the date first above written.

 

	LICENSOR	 	 	 	 
	ADAM WATSON:	/s/
    Adam Watson	 	Date:	August
    25, 2017
	 	Signature	 	 	 
	 	 	 	 	 
	LICENSEE		 	 	 
	Celebiddy Inc:	/s/
    John Malek	 	Date:	8/25/2017
	 	Signature	 	 	 

  

Copyright
License Agreement (AFTERBURNER DATING SYSTEM)

 

     

     

    

  

CONFIDENTIALITY
ADDENDUM

 

CONFIDENTIALITY
AND NON-DISCLOSURE ADDENDUM TO COPYRIGHT LICENSE

AGREEMENT DATED August 25, 2017 (“the Agreement”)

 

Pursuant
to the Agreement, Adam Watson, an individual (“Disclosing Party” or “Licensor”) has licensed to Celebiddy,
Inc., a Delaware Corporation (“Receiving Party” or “Celebiddy”) (altogether the “Parties”),
certain intellectual property rights of and relating to Licensor’s Afterburner Dating System (“ADS”).

 

The
licensing arrangement between Disclosing Party and Receiving Party will, once the Parties have executed this document, consist
of the Agreement and this Addendum. This Addendum will, upon its signature by the parties, be deemed to form an integral part
of the Agreement and references below to “the Agreement” shall, unless the context otherwise requires, be interpreted
accordingly. Therefore, words and phrases defined in the Agreement shall have the same meanings in this Addendum unless they are
otherwise defined in this Addendum.

 

Licensor
and Celebiddy agree to the following additions and amendments to the Agreement:

 

WHEREAS,
each party is desirous of protecting and preventing disclosure of certain confidential information of and relating to transmission
of the ADS, its underlying systems, processes, components, trade secrets and other sensitive material of and relating to the ADS
(altogether the “Confidential Materials”); AND

 

WHERAS,
the Parties hereto desire to amend the Agreement so as to prevent unauthorized disclosure of or relating to the Confidential Materials;

 

NOW,
THEREFORE, in consideration of the foregoing and the promises and agreements herein set forth, the Parties agree to amend
the Agreement so as to include the following confidentiality and non-disclosure items as further detailed and provided below:

 

Confidentiality
and Non-Disclosure Addendum

 

	1.	APPLICABLE
    LAW

 

	 	1.1.	This Agreement
    shall be governed by the laws of the State of Delaware, without regard to United State’s conflict of laws principles;
    provided, however, that the determination of whether any Confidential Information (as such term is defined below) qualifies
    as a trade secret shall be made solely by reference to the law of the jurisdiction in which such Confidential Information
    is maintained by the Disclosing Party and not by reference to the laws of the State of Delaware.

 

	2.	DEFINITIONS

 

	 	2.1.	For the purposes
    of this Agreement, the term, “Confidential Information,” shall mean confidential and/or proprietary information
    under the ownership or control of one of the parties. The term, “Confidential Information,” expressly excludes
    information that:

 

	 	2.1.1.	was in the
    public domain at the time it was disclosed or falls within the public domain, except through a breach of this Agreement; or

 

	 	2.1.2.	is or becomes
    known by the Receiving Party or any of its associated companies from a source other than the Disclosing Party without breach
    of this Agreement by the Receiving Party; or

 

	 	2.1.3.	was furnished
    to a third party by the Disclosing Party without restrictions on the third party’s rights similar to those contained
    in this Agreement; or

 

	 	2.1.4.	to the extent
    that such disclosure shall be required by law by the Receiving Party, but only after the Disclosing Party has been notified
    in writing by the Receiving Party and has been provided a reasonable opportunity to take appropriate action to protect its
    legal interest in the Confidential Information.

 

    	 	Page 1 of 3	 

     

    

 

CONFIDENTIALITY
ADDENDUM

 

	 	2.2.	If only a
    portion of any Confidential Information falls within any one of the exceptions listed above, the remainder of such Confidential
    Information shall continue to be subject to this Agreement.

 

	 	2.3.	For the purposes
    of this Agreement, the term, “Disclosing Party,” shall mean the party owning or controlling Confidential Information
    and making such Confidential Information available to the other party.

 

	 	2.4.	For the purposes
    of this Agreement, the term, “Receiving Party,” shall mean the party who receives Confidential Information from
    the Disclosing Party.

 

	3.	LIMITATION
    ON USE OF CONFIDENTIAL INFORMATION

 

	 	3.1.	The parties
    agree that, as between them, the asserted Confidential Information disclosed under this Agreement as it relates to Confidential
    Information disclosed by Licensor, derives independent economic value, actual or potential, from not being generally known
    to, and not being readily ascertainable through proper means by other persons who can obtain economic value from its disclosure
    or use.

 

	 	3.2.	All rights,
    title, and interest in Confidential Information disclosed pursuant to this Agreement are reserved by the Disclosing Party,
    and the Receiving Party will not use such Confidential Information disclosed to it by the Disclosing Party to benefit itself
    or others, except for the limited purposes for which the Confidential Information is disclosed within the context of this
    Agreement. The Receiving Party will not disclose such Confidential Information to any third party unless and until expressly
    authorized in writing to do so by the Disclosing Party.

 

	4.	PROTECTION
    OF CONFIDENTIAL INFORMATION

 

	 	4.1.	The Receiving
    Party shall exercise at [east the same standard of care to prevent the disclosure or misuse of the Confidential Information
    as it exercises to prevent the disclosure or misuse of its own Confidential Information, but in no event shall the Receiving
    Party exercise less than reasonable care [for example, the Receiving Party could ensure data are protected by locking spreadsheets
    with a password]. The Receiving Party shall limit dissemination of such Confidential Information to those persons within its
    organization who have a need to know such information to fulfill the purpose of this Agreement and who agree to be subject
    to the restrictions of this Agreement. Both parties agree not to disclose the fact or content of any negotiations between
    them to third parties (other than outside counsel) without the written consent of the other party.

 

	 	4.2.	The Receiving
    Party shall aggregate all data disclosed, and emissions estimates will be aggregated with other data provided for the source
    category. Specific activity data for the Disclosing Party will not be presented or published in the National Inventory, and
    only the aggregated emissions estimates will be presented.

 

	5.	TERM OF
    AGREEMENT
	 	 
	 	The respective
    obligations of the parties relating to limitations on the use and/or disclosure of Confidential Information under this Agreement
    shall survive termination of this Agreement.

 

	6.	RETURN
    OF CONFIDENTIAL INFORMATION

 

	 	6.1.	All Confidential
    Information and copies thereof shall be returned to the Disclosing Party at the time this Agreement expires, or earlier at
    the initiation of the Receiving Party or upon the Receiving Party’s receipt of a written request from the Disclosing
    Party for the return of such Confidential Information.

 

    	 	Page 2 of 3	 

     

    

 

CONFIDENTIALITY
ADDENDUM

 

	 	6.2.	The Receiving
    Party may retain one (1) copy of such Confidential Information for its legal archives, subject to the ongoing restrictions
    on the use and/or disclosure of the Confidential Information.

 

	7.	SPECIFIC
    PERSONS TO RECEIVE INFORMATION

 

	 	7.1.	The following
    persons are designated as the respective parties’ team leaders to receive and/or disclose the Confidential Information
    exchanged pursuant to this Agreement:
	 	 	 
	 	 	For Disclosing
    Party: Adam Watson
	 	 	For Receiving
    Party: Mary Malek or John Malek

 

	8.	MARKING
    OF CONFIDENTIAL INFORMATION

 

	 	8.1.	Confidential
    Information developed or disclosed by either party under this Agreement shall be clearly labeled and identified as Confidential
    Information by the Disclosing Party at the time of disclosure. When written identification of Confidential Information is
    not feasible at the time of such disclosure, the Disclosing Party shall provide such identification in writing promptly thereafter.

 

	9.	RELATIONSHIP
    OF THE PARTIES

 

	 	9.1.	The parties
    are independent contractors. This Agreement does not create a partnership, joint venture, agency or other similar relationship
    between the parties. Neither party is authorized solely by means of this Agreement to make any representation, contract or
    commitment on behalf of the other party, or to otherwise bind the other party in any respect whatsoever.

 

	10.	ENTIRE
    AGREEMENT

 

	 	10.1.	Both parties
    acknowledge that they have read this Agreement, understand it, and agree to be bound by its terms, and further agree that
    it is the entire agreement between parties hereto which supersedes all prior agreements, written or oral, relating to the
    subject matter hereof. No modification or waiver of any provision shall be binding unless in writing signed by the party against
    whom such modification or waiver is sought to be enforced.

 

NOW
THEREFORE, the parties hereto have caused this Agreement to be duly executed in their names by officials who are duly authorized
as of the effective date set forth above.

 

 

	FOR:
    DISCLOSING	 	FOR: RECEIVING
	PARTY	 	PARTY
	 	 	 
	/s/
    Adam Watson	 	/s/
    John Malek
	SIGNATURE	 	SIGNATURE 
	 	 	 
	 	 	 
	Adam Watson	 	Mary Malek, CEO 
	 	 	Celebiddy, Inc.
	 	 	 
	August
    25, 2017	 	8/25/2017 
	Date	 	Date

 

 

Page
3 of 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00274-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00274-of-00352.parquet"}]]