Document:

EMPLOYMENT AGREEMENT

 

This Employment
Agreement is made and entered into on this 29th day of June, 2018 (the “Effective Date”) by and between
SHE Beverage Company, Inc., a Nevada corporation, with office located at 42601 8th Street, Suite 108, Lancaster,
CA 93534 (the “Company”), and Sonja Shelby, an individual, located at 42601 8th Street, Suite
108, Lancaster, CA 93534, (the “Executive”), both parties hereinafter referred to as the “Parties.”

 

RECITALS

 

A. The
Company desires to be assured of the association and services of Executive for the Company.

 

B. Executive
is willing and desires to be employed by the Company, and the Company is willing to employ Executive, upon the terms, covenants
and conditions hereinafter set forth.

 

AGREEMENT

 

NOW, THEREFORE,
in consideration of the mutual terms, covenants and conditions hereinafter set forth, the parties hereto do hereby agree as follows:

 

1. Employment.
Company agrees to employ Executive, and Executive agrees to be employed by Company, beginning as of the Effective Date and
continuing until the termination date as set forth herein “ (the “Term”), subject to the terms and
conditions of this Agreement and further subject to the supervision and direction of the Company's Board of Directors.

 

2. Term. The
term of this Agreement shall be for a period of Five (5) years commencing on the date hereof, unless terminated earlier pursuant
to Section 7 below; provided, however, that Executive's obligations in Section 6 below shall continue in effect after such termination.

 

2.1 Post Term Employment.

 

Should Executive remain
employed by Company beyond the expiration of the Term such employment shall convert to a month-to-month relationship terminable
at any time by either Company or Executive for any reason whatsoever, with or without cause.

 

3. Scope of Duties.

 

3.1 Assignment of
Duties. Executive shall have such duties as may be assigned to him or her from time to time by the Company's Board of Directors
commensurate with his experience and responsibilities in the position for which he is employed pursuant to Section 1 above. Such
duties shall be exercised subject to the control and supervision of the Board of Directors of the Company.

 

3.2 General Specification
of Duties. Executive's duties shall include, but not be limited to, the duties and performance goals as follows:

 

		(1)	act as Executive Vice-President of the Company and perform all duties, functions and responsibilities
generally associated thereto;

 

     

     

    

 

		(2)	personally review the financial statements of the company as may be prepared from time to time
or otherwise cause to be prepared, as directed by the Company, financial statements, tax returns and other similar items respecting
the operation of the Company;

		(3)	execute on behalf of the Company, in her capacity as Executive Vice-President, all documents as
reasonably and properly requested by the Company;

		(4)	employ, pay, supervise and discharge all Executives of the Company, and determine all matters with
regard to such personnel, including, without limitation, compensation, bonuses and fringe benefits, all in accordance the policies
which may be implemented by the Board of Directors of the Company;

		(5)	assist in establishing procedures for implementing the policies established by the Company;

		(6)	assist in insuring cooperation of the officers of the Company;

		(7)	assist in causing the Company to be operated in compliance with all legal requirements;

		(8)	assist in operating the Company in conformance with any plan approved by the Company, as such may
be amended from time to time with the concurrence of the Company; and

		(9)	Perform all other acts deemed necessary and proper for the Company, in the sole discretion of Executive.

 

3.3. Moreover, the
foregoing specifications are not intended as a complete itemization of the duties which Executive shall perform and undertake on
behalf of the Company in satisfaction of his or her employment obligations under this Agreement.

 

Executive initially shall be employed in
the position set forth herein.. Company may subsequently modify Executive's duties and responsibilities; provided however, in the
event Company substantially reduces the duties or responsibilities of Executive, Executive may elect to terminate this Agreement
and said termination shall constitute an Involuntary Termination. Executive shall at all times comply with and be subject to such
policies and procedures as Company may establish from time to time.

 

3.4 Executive’s
Devotion of Time. Executive hereby agrees to devote his time, abilities and energy to the faithful performance of the duties
assigned to him or her and to the promotion and forwarding of the business affairs of the Company, and not to divert any business
opportunities from the Company to himself or herself or to any other person or business entity, unless otherwise approved by the
Board of Directors.

 

3.5 Conflicting
Activities.

 

(1) Executive shall
not, during the term of this Agreement, be engaged in any other business activity substantially similar to that of the Company’s
primary business without the prior consent of the Board of Directors of the Company; provided, however, that this restriction shall
not be construed as preventing Executive from investing his personal assets in any investments, including but not limited to, business
entities which are not in competition with the Company or its affiliates, or from pursuing business opportunities which do not
unreasonably impede his performance as executive for the Company.

 

(2) Executive hereby
agrees to promote and develop all business opportunities that come to his attention relating to current or anticipated future business
of the Company, in a manner consistent with the best interests of the Company and with his duties under this Agreement.

 

    	 	 	2

     

    

 

4. Compensation;
Reimbursement.

 

4.1 Base Salary.
For all services rendered by Executive under this Agreement, the Company shall pay Executive a base salary of Two Hundred Thousand
Dollars US ($200,000.00 US) per annum (the “Base Salary”). The amount of the Base Salary shall be determined
by the Board of Directors and may be increased, but not decreased, from time to time by the Board of Directors of the Company.
No such change shall in any way abrogate, alter, terminate or otherwise affect the other terms of this Agreement.

 

4.2 Periodic Bonuses.
In addition to the Base Salary, Executive shall be eligible for periodic bonuses (the “Periodic Bonuses”) in
amounts to be determined by the Board of Directors. The criteria upon which the Periodic Bonuses are awarded shall be at the discretion
of the Board of Directors.

 

4.3 Reimbursement.
Executive shall be reimbursed for all reasonable “out-of-pocket” business expenses for business travel and business
entertainment incurred in connection with the performance of his or her duties under this Agreement so long as such expenses constitute
business deductions from taxable income for the Company and are excludable from taxable income to the Executive under the governing
laws and regulations of the Internal Revenue Service.

 

4.4 Stock. Executive
shall be entitled to four percent (4.0%) of the issued and outstanding shares of common stock of the Company, per annum, based
on sales and/or profitability of company as determined by the Board of Directors. Said shares to be issued on a quarterly basis
as earned.

 

5. Severance.
So long as this Agreement is in effect, Executive shall at all times be entitled to severance benefits as may be determined by
the Board of Directors in its sole discretion. These benefits may include, the Company's maintenance at its cost of a life insurance
policy and disability policy on Executive payable to Executive and/or his or her legal representative or heirs as applicable, in
amounts reasonably agreed to by Executive and the Company.

 

6. Termination.

 

6.1 Bases for Termination.

 

(1) Executive's employment
may be terminated by the Company “with cause,” effective upon delivery of 5 business days of written notice to Executive
if any of the following shall occur:

		(a)	any action by Executive which would constitute a willful breach of duty or habitual neglect of
duty;

		(b)	any material breach of Executive's obligations as described herein; or

		(c)	any material acts or events which inhibit Executive from fully performing his or her responsibilities
to the Company in good faith, such as (i) a felony criminal conviction; (ii) any other criminal conviction involving Executive's
lack of honesty or moral turpitude; (iii) drug or alcohol abuse; or (iv) acts of dishonesty, gross carelessness or gross misconduct.

 

(2) This Agreement
shall automatically terminate on the last day of the month in which Executive dies or becomes permanently incapacitated. “Permanent
incapacity” as used herein shall mean mental or physical incapacity, or both, reasonably determined by the Company's Board
of Directors based upon a certification of such incapacity by, in the discretion of the Company's Board of Directors, either Executive's
regularly attending physician or a duly licensed physician selected by the Company's Board of Directors, rendering Executive unable
to perform substantially all of his or her duties hereunder and which appears reasonably certain to continue for at least six consecutive
months without substantial improvement. Executive shall be deemed to have “become permanently incapacitated” on the
date the Company's Board of Directors has determined that Executive is permanently incapacitated and so notifies Executive.

 

    	 	 	3

     

    

 

(3) Notwithstanding
any other provisions of this Agreement, Executive shall have the right to terminate the employment relationship under this Agreement
at any time prior to the expiration of the Term of employment for any of the following reasons:

 

		(i)	a breach by Company of any provision of this Agreement which remains uncorrected for thirty (30)
days following written notice of such breach by Executive to Company; or

		(ii)	for any other reason whatsoever, in the sole discretion of Executive.

 

The termination of Executive’s employment
by Executive under Section 7.1(3)(i), prior to the expiration of the Term shall constitute an “Involuntary Termination”
as though Executive was terminated by the Company without cause. The termination of Executive's employment by Executive prior to
the expiration of the Term shall constitute a “Voluntary Termination” if made pursuant to Section 6.1.(3)(ii) and shall
be treated as the Company was forced to terminate Executive with cause.

 

7. Miscellaneous.

 

7.1 Transfer and
Assignment. This Agreement is personal as to Executive and shall not be assigned or transferred by Executive without the prior
written consent of the Company, except that Executive may transfer all rights, titles and obligations he has under this Employment
Agreement to an entity for which he is an owner. This Agreement shall be binding upon and inure to the benefit of all of the parties
hereto and their respective permitted heirs, personal representatives, successors and assigns.

 

7.2 Severability.
Nothing contained herein shall be construed to require the commission of any act contrary to law. Should there be any conflict
between any provisions hereof and any present or future statute, law, ordinance, regulation, or other pronouncement having the
force of law, the latter shall prevail, but the provision of this Agreement affected thereby shall be curtailed and limited only
to the extent necessary to bring it within the requirements of the law, and the remaining provisions of this Agreement shall remain
in full force and effect.

 

7.3 Governing Law.
This Agreement is made under and shall be construed pursuant to the laws of the State of California.

 

7.4 Counterparts.
This Agreement may be executed in several counter parts and all documents so executed shall constitute one agreement, binding on
all of the parties hereto, notwithstanding that all of the parties did not sign the original or the same counterparts.

 

7.5 Entire Agreement.
This Agreement constitutes the entire agreement and understanding of the parties with respect to the subject matter hereof and
supersedes all prior oral or written agreements, arrangements, and understandings with respect thereto. No representation, promise,
inducement, statement or intention has been made by any party hereto that is not embodied herein, and no party shall be bound by
or liable for any alleged representation, promise, inducement, or statement not so set forth herein.

 

    	 	 	4

     

    

 

7.6 Modification.
This Agreement may be modified, amended, superseded, or cancelled, and any of the terms, covenants, representations, warranties
or conditions hereof may be waived, only by a written instrument executed by the party or parties to be bound by any such modification,
amendment, super-session, cancellation, or waiver.

 

7.7 Attorneys' Fees
and Costs. In the event of any dispute arising out of the subject matter of this Agreement, the prevailing party shall recover,
in addition to any other damages assessed, its attorneys' fees and court costs incurred in litigating or otherwise settling or
resolving such dispute whether or not an action is brought or prosecuted to judgment. In construing this Agreement, none of the
parties hereto shall have any term or provision construed against such party solely by reason of such party having drafted the
same.

 

7.8 Waiver.
The waiver by either of the parties, express or implied, of any right under this Agreement or any failure to perform under this
Agreement by the other party, shall not constitute or be deemed as a waiver of any other right under this Agreement or of any other
failure to perform under this Agreement by the other party, whether of a similar or dissimilar nature.

 

7.9 Cumulative Remedies.
Each and all of the several rights and remedies provided in this Agreement, or by law or in equity, shall be cumulative, and no
one of them shall be exclusive of any other right or remedy, and the exercise of any one of such rights or remedies shall not be
deemed a waiver of, or an election to exercise, any other such right or remedy.

 

7.10 Headings.
The section and other headings contained in this Agreement are for reference purposes only and shall not in any way affect the
meaning and interpretation of this Agreement.

 

7.11 Notices.
Any notice under this Agreement must be in writing, may be telecopied, sent by express 24-hour guaranteed courier, or hand-delivered,
or may be served by depositing the same in the United States mail, addressed to the party to be notified, postage-prepaid and registered
or certified with a return receipt requested. The addresses of the parties for the receipt of notice shall be as follows:

 

If to the Company:

 

SHE Beverage Company, Inc.

42601 8th Street, Suite 108

Lancaster, CA 93534

 

If to Executive:

 

Sonja Shelby

42601 8th Street, Suite 108

Lancaster, CA 93534

 

Each notice given by registered or certified
mail shall be deemed delivered and effective on the date of delivery as shown on the return receipt, and each notice delivered
in any other manner shall be deemed to be effective as of the time of actual delivery thereof. Each party may change its address
for notice by giving notice thereof in the manner provided above.

 

    	 	 	5

     

    

 

7.12 Survival.
Any provision of this Agreement which imposes an obligation after termination or expiration of this Agreement shall survive the
termination or expiration of this Agreement and be binding on Executive and the Company.

 

7.13 Effective Date.
This Agreement shall become effective as of the date set forth on page 1 when signed by Executive and the Company.

 

IN WITNESS WHEREOF,
the parties hereto have caused this Employment Agreement to be executed as of the date first set forth above.

 

	Executive:	 
	 	 	 
	By:	/s/ Sonja
    Shelby	 
	 	Sonja Shelby, an individual	 
	 	 	 
	Company:	 
	 	 	 
	By:	/s/ Lupe
    Rose	 
	 	Lupe Rose, Director	 

 

    	 	 	6Exhibit 10.7

 

She Beverage Company, Inc.

Subscription Agreement

 

 

		1.	INVESTMENT:

 

The undersigned (“Buyer”) subscribes for
________________________ shares of She Beverage Company, Inc. at $15.00 per Share.

 

The total subscription price ($15.00 times number of
Shares) $_________________________.

 

PLEASE MAKE CHECK PAYABLE TO: SHE Beverage Company, Inc.

 

2. INVESTOR INFORMATION:

 

___________________________________ ______________________________________

Name (Type or Print) SSN/EIN/Taxpayer I.D.

 

Address: _______________________________________________________________________

 

___________________________________ _______________________________________

Joint Name (Type or Print) SSN/EIN/Taxpayer I.D.

 

Address________________________________________________________________________

 

Mailing Address (if different from above):

 

_______________________________________________________________________________

Street  City State  Zip

 

Business Phone: ( ) ____________ Home Phone: ( ) ____________ Email:
___________

 

 

3. TYPE OF OWNERSHIP: (You must check one box)

1. [ ] Individual6. [ ] Joint Tenants with rights of Survivorship

2. [ ] Tenants in Common7. [ ] Custodian for: ________________________________.

3. [ ] Community Property8. [ ] Uniform Gifts to Minors
Act of the State of ________.

4. [ ] Partnership9. [ ] Corporation

5. [ ] Trust 10. [ ] Other: explain: _______________________________.

 

    	 	1	 

     

    

 

 

	4.	Further Representations, Warrants and Covenants. Buyer hereby represents warrants, covenants and agrees as follows:

 

	 	(a)	Buyer is at least eighteen (18) years of age with an address as set forth in this Subscription Agreement.

 

	 	(b)	
        Except as set forth in the Prospectus and the
        exhibits thereto, no representations or warranties, oral or otherwise,

        have been made to Buyer by the Company or any
        other person, whether or not associated with the Company or

        this offering. In entering into this transaction,
        Buyer is not relying upon any information, other than that contained

        in the Prospectus and the exhibits thereto
        and the results of any independent investigation conducted by Buyer at

        Buyer’s sole discretion and judgment.

 

	 	(c)	
        Buyer is under no legal disability nor is Buyer
        subject to any order, which would prevent or interfere with Buyer’s

        execution, delivery and performance of this
        Subscription Agreement or his or her purchase of the Shares. The Shares

        are being purchased solely for Buyer’s
        own account and not for the account of others and for investment purposes

        only, and are not being purchased with a view
        to or for the transfer, assignment, resale or distribution thereof, in

        whole or part. Buyer has no present plans to
        enter into any contract, undertaking, agreement or arrangement with

        respect to the transfer, assignment, resale
        or distribution of any of the Shares.

 

	5.	Acceptance of Subscription.

 

	 	(a)	
        It is understood that this subscription is
        not binding upon the Company until accepted by the Company, and that

        the Company has the right to accept or reject
        this subscription, in whole or in part, in its sole and complete

        discretion. If this subscription is rejected
        in whole, the Company shall return to Buyer, without interest, the

        Payment tendered by Buyer, in which case the
        Company and Buyer shall have no further obligation to each

        other hereunder. In the event of a partial
        rejection of this subscription, Buyer’s Payment will be returned to

        Buyer, without interest, whereupon Buyer agrees
        to deliver a new payment in the amount of the purchase price

        for the number of Shares to be purchased hereunder
        following a partial rejection of this subscription.

 

	6.	Governing Law.

 

	 	(a)	
        This Subscription Agreement shall be governed
        and construed in all respects in accordance with the laws of the

        State of California without giving effect to
        any conflict of laws or choice of law rules.

 

IN WITNESS WHEREOF, this Subscription Agreement has been
executed and delivered by the Buyer and by the Company on the respective dates set forth below.

 

 

 

By: ______________________________________________

Signature of Buyer

 

 

 

By: ______________________________________________

Printed Name

 

 

Date: ______________________

 

 

 

INVESTOR SUBSCRIPTION AGREEMENT ACCEPTED AS OF:

 

 

This _____ day of _________________, 20____.

 

 

SHE Beverage Company, Inc.

 

 

By: _____________________________________________

Lupe Rose, President

 

 

Deliver completed Subscription Agreements and
check to:

 

SHE Beverage Company, Inc.

42601 8th Street West Suite 108

Lancaster CA 93534

 

    	 	2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00303-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00303-of-00352.parquet"}]]