Document:

Exhibit 10.1

 

SEPARATION AGREEMENT

 

This Separation Agreement
(this “Agreement”), dated as of March 14, 2019, is entered into between Arconic Inc. (the “Company”)
and Charles P. Blankenship (the “Executive”) (the Company and the Executive together, the “Parties”).

 

WHEREAS, the Executive
had a separation from service with the Company on February 6, 2019 (the “Separation Date”);

 

WHEREAS, the Parties
have been engaged in discussions and negotiations with respect to such separation from service and any payments to be made to the
Executive in connection therewith pursuant to the Company’s Executive Severance Plan (the “Severance Plan”);
and

 

WHEREAS, the Parties
recognize the uncertainties, costs and distractions associated with further negotiation and potential litigation, and the Parties
desire to finally resolve all issues related to the Executive’s termination and compensation from the Company.

 

NOW, THEREFORE, in
consideration of the mutual promises and covenants contained herein, the sufficiency and adequacy of which are hereby acknowledged,
it is agreed as follows:

 

		1.	SEPARATION PAYMENT

 

Subject to the Executive’s
execution of this Agreement and non-revocation of the release of claims set forth in Section 2 (the “Release”),
and continued compliance with the Executive’s obligations as set forth hereunder, the Company agrees, in full satisfaction
of all claims the Executive may have to payments or benefits under the Severance Plan or otherwise from the Company and its affiliates
(including, without limitation, any claims for bonus payments, equity compensation, vacation pay, or other incentive payments or
employee benefits) to pay the Executive, no later than 30 days following the date hereof, a cash payment of $4,600,000, subject
to applicable tax withholding (the “Separation Payment”). In the event that the Executive revokes the Release,
the Executive shall not be entitled to receive the Separation Payment.

 

     

     

    

 

		2.	EXECUTIVE’S RELEASE OF CLAIMS

 

(a)              
General Release. In consideration of the Separation Payment and the Company’s promises hereunder,
the Executive, on behalf of himself and on behalf of his dependents, heirs, representatives, successors and assigns (collectively,
the “Executive Releasors”) does hereby voluntarily, knowingly, irrevocably and unconditionally release, waive,
and forever discharge the Company and each of its current and former subsidiaries and affiliates, and each of their respective
directors, predecessors, successors, assigns, employees, agents, and representatives, (collectively, the “Company Releasees”)
from any and all charges, complaints, claims, liabilities, obligations, promises, agreements, controversies, damages, remedies,
actions, causes of action, suits, rights, demands, costs, losses, debts and expenses (including attorneys’ fees and costs)
of any nature whatsoever, known or unknown, whether in law or equity and whether arising under contract or under federal, state
or local law and including any claim for discrimination based upon race, color, ethnicity, sex, age, national origin, religion,
disability, or any other unlawful criterion or circumstance, which the Executive Releasors had, now have, or may in the future
have, against each or any of the Company Releasees arising up to and including the date this Agreement is executed (including any
claims in connection with the termination of the Executive’s employment with the Company and its affiliates and any claim
for any compensation that has accrued or is or may be accruable based on any action or service taken or provided on or prior to
the date this Agreement is executed). The Executive acknowledges that the release set forth in the preceding sentence includes
claims (i) for wrongful dismissal or termination of services, (ii) arising under federal, state or local laws, statutes, orders
or regulations that relate to the employment relationship and/or prohibiting employment discrimination, including claims under
Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Civil Rights Act of 1866, the Age Discrimination in
Employment Act of 1967, the Older Workers Benefit Protection Act, the Americans with Disabilities Act of 1990, the Rehabilitation
Act, Employee Retirement Income Security Act, the Family and Medical Leave Act of 1993, the New York State Human Rights Law and
the Administrative Code of the City of New York, and in each case any amendments thereto, (iii) under any other federal, state
or local statute law, rule, or regulation, (iv) based on contract, tort or common law, or for damages, including punitive or compensatory
damages, or for attorneys’ fees, expenses, costs, compensation of any kind, injunctive or equitable relief, and (v) under
the Company’s compensatory plans and agreements (including, without limitation, any claims for bonus payments, equity compensation,
vacation pay, or other incentive payments or employee benefits). Notwithstanding anything to the contrary herein, and without limiting
the generality of the foregoing, the Executive expressly waives any and all rights or claims under or in respect of the Severance
Plan, the Company’s Change in Control Severance Plan, the Company’s 2013 Stock Incentive Plan and the Company’s
2009 Stock Incentive Plan, and, in each case any award terms and conditions thereunder (and the Executive acknowledges that all
equity compensation awards that he held at the Company have been forfeited), and the letter agreement between the Company and the
Executive, dated as of October 19, 2017. Notwithstanding anything to the contrary in this Section 2, nothing herein shall be deemed
to release or waive any claims (1) arising under this Agreement, (2) with respect to the Executive’s vested benefits under
the Company’s retirement and health and welfare benefit plans in which the Executive participated (including but not limited
to the qualified 401k plan and the Company’s Deferred Compensation Plan (as amended and restated November 1, 2016)), and
(3) under the defense and indemnification policies and the directors’ and officers’ liability insurance arrangements
of the Company and its affiliates.

  

(b)              
Enforcement. The Executive acknowledges and agrees that if the Executive or any other Executive Releasor
should hereafter make any claim or demand or commence or threaten to commence any action, claim or proceeding against a Company
Releasee with respect to any cause, matter or thing which is the subject of the release in this Section 2, this Agreement may be
raised as a complete bar to any such action, claim or proceeding, and the applicable Company Releasee may recover from the Executive
all costs incurred in connection with such action, claim or proceeding, including attorneys’ fees.

 

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		3.	COMPANY’S RELEASE OF CLAIMS

 

(a)              
General Release. In consideration of the Executive’s promises hereunder, the Company, on behalf
of itself and each of its current and former subsidiaries and affiliates, and their respective predecessors, successors, assigns,
and representatives (collectively, the “Company Releasors”) does hereby voluntarily, knowingly, irrevocably
and unconditionally release, waive, and forever discharge the Executive and each of his dependents, heirs, representatives, agents,
successors and assigns (collectively, the “Executive Releasees”) from any and all charges, complaints, claims,
liabilities, obligations, promises, agreements, controversies, damages, remedies, actions, causes of action, suits, rights, demands,
costs, losses, debts and expenses (including attorneys’ fees and costs) of any nature whatsoever, known or unknown, whether
in law or equity and whether arising under contract or under federal, state or local law, which the Company Releasors had, now
have, or may in the future have, against each or any of the Executive Releasees arising up to and including the date this Agreement
is executed, other than claims arising (i) out of the Executive’s bad faith misconduct (1) which serves as the basis for
criminal charges brought against, or civil penalties imposed on, the Company or the Executive and (2) for which the Executive is
not indemnified under the indemnification arrangements of the Company and its affiliates or (ii) under this Agreement or the Covenants
(as defined below). The Company acknowledges that the release set forth in the preceding sentence includes but is not limited to
claims (x) under any other federal, state or local statute, law, rule, or regulation, (y) based on contract, tort or common law,
or for damages, including punitive or compensatory damages, or for attorneys’ fees, expenses, costs, compensation of any
kind, injunctive or equitable relief, and (z) under the Company’s compensatory plans and agreements, to the extent waivable
under applicable laws.

 

(b)              
Enforcement. The Company acknowledges and agrees that if it or any other Company Releasor should hereafter
make any claim or demand or commence or threaten to commence any action, claim or proceeding against any Executive Releasee with
respect to any cause, matter or thing which is the subject of the release in this Section 3, this Agreement may be raised as a
complete bar to any such action, claim or proceeding, and the applicable Executive Releasee may recover from the Company all costs
incurred in connection with such action, claim or proceeding, including attorneys’ fees.

 

		4.	CERTAIN COVENANTS

 

(a)              
Restrictive Covenants. The Executive acknowledges that he remains bound by the terms of the Confidentiality,
Developments, Non-Competition, and Non-Solicitation Agreement between the Executive and the Company, dated as of October 19, 2017
(the “Covenants”), which provisions shall be deemed incorporated herein. The Executive acknowledges that the
Covenants (1) are necessary for the protection of the legitimate interests of the Company Releasees, (2) are reasonable in terms
of time, geographic scope, and activities restricted, (3) do not stifle the inherent skill and experience of the Executive, (4)
will not interfere with the Executive’s ability to earn a livelihood, and (5) do not confer a benefit upon the Company disproportionate
to the detriment to the Executive. The Executive acknowledges that if he were to breach any of the Covenants, such breach would
result in immediate and irreparable harm to the Company that cannot be adequately or reasonably compensated at law. Accordingly,
the Executive agrees that the Company shall be entitled, if any such breach shall occur or be threatened or attempted, if it so
elects (and in addition to seeking other available remedies, under this paragraph or otherwise), to seek from a court any temporary,
preliminary, and permanent injunction, without being required to post a bond, enjoining and restraining such breach or threatened
or attempted breach by the Executive. The Executive further agrees that if the Executive materially breaches any of the Covenants,
then the Executive shall be obligated to repay to the Company the full amount of the Severance Payment.

 

    3 

     

    

 

(b)              
Non-Disparagement. The Executive agrees that the Executive shall not, and shall instruct, and shall
make best efforts to cause, each other Executive Releasor not to, make or cause to be made any disparaging or derogatory public
statements regarding any of the Company Releasees (which efforts shall include making each such Executive Releasor aware of the
provisions of this sentence). The Company agrees that it shall instruct, and make best efforts to cause, the Company’s current
directors and executive officers (while serving in such capacities) not to, make or cause to be made any disparaging or derogatory
public statements regarding any of the Executive Releasees (which efforts shall include making each such director and executive
officer aware of the provisions of this sentence). Notwithstanding the foregoing, nothing in this paragraph shall limit or impair
the ability of any individual or entity to make truthful statements required by law or in an adjudicative proceeding.

 

(c)              
Cooperation. For a period of two years following the Separation Date, the Executive shall make himself
reasonably available to the Company and its affiliates following the Separation Date to assist them, as may be reasonably requested
by the Company at mutually convenient times and places, with respect to pending and future inquiries relating to matters that arose
during the Executive’s employment with the Company. The Company shall provide the Executive with a reasonable, mutually agreed
rate of compensation for each hour of service hereunder and shall reimburse the Executive for all reasonable out-of-pocket expenses
and costs he actually incurs as a result of providing assistance under this paragraph, upon receipt of proper documentation thereof.

 

		5.	REVOCATION OF RELEASE

 

The Executive affirms
that prior to the execution of this Agreement and the waivers and releases in Section 2, the Executive was advised by the Company
to consult with an attorney of his choice concerning the terms and conditions set forth herein, and that he was given up to 21
days to consider executing this Agreement, including the Release. The Executive has seven days following his execution of this
Agreement to revoke the Release by providing written notice of such revocation, addressed to: Katherine Hargrove Ramundo, Arconic
Inc., 390 Park Avenue, New York, NY 10022, and sending a concurrent e-mail to Kate.Ramundo@arconic.com. In the event the Executive
revokes the Release, the Company shall not pay the Separation Payment to the Executive and the Company and Parties shall be released
from their covenants and obligations hereunder. The Executive further acknowledges that: (a) before signing this Agreement, the
Executive was given at least 21 days in which to consider this Agreement, (b) the Executive carefully read this Agreement,
(c) the Executive fully understands this Agreement, (d) the Executive is entering into this Agreement voluntarily, (e) the
Executive is receiving valuable consideration in exchange for his execution of this Agreement that the Executive would not otherwise
be entitled to receive, and (f) the Company encouraged the Executive to discuss this Agreement with the Executive’s attorney
(at the Executive’s own expense) before signing it.

 

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		6.	MISCELLANEOUS

 

(a)              
Entire Agreement.This Agreement is the entire agreement between the Parties hereto with regard
to the subject matter hereof, and, except as otherwise provided in Section 4(a), supersedes any prior agreements.

 

(b)              
Counterparts. This Agreement may be executed in counterparts, and each counterpart will be deemed an
original for all purposes.

 

(c)              
Modification; Severability.This Agreement may not be modified or canceled in any manner except
by a writing signed by both Parties hereto.

 

(d)              
Interpretation. As used in this Agreement, the term “including”
does not limit the preceding words or terms.

 

(e)              
Dispute Resolution.This Agreement shall be governed by the law of the State of New York, excluding
its choice of laws provisions. Any civil action or legal proceeding arising out of or relating to this Agreement shall be brought
in the Supreme Court of the State of New York in New York County or the United States District Court for the Southern District
of New York located in New York County. Each party consents to the jurisdiction of such courts in any such civil action or legal
proceeding and waives any objection to the laying of venue of any such civil action or legal proceeding in such courts.

 

 

[Signature Page Follows.]

 

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	 	EXECUTIVE	 
	 	 	 	 	 
	 	 	 	 	 
		 	/s/ Charles P. Blankenship	 
	 	Charles P. Blankenship	 
	 	 	 	 	 
	 	 	 	 	 
		 	March 14, 2019	 
	 	Date	 	 
	 	 	 	 	 
	 	 	 	 	 
	 	ARCONIC INC.	 
	 	 	 	 	 
	 	 	 	 	 
	 	By:	/s/ Katherine Hargrove Ramundo 	 
	 		Name: 	Katherine Hargrove Ramundo	 
	 		Title: 	Executive Vice President	 
	 	 		Chief Legal Officer and Secretary	 
	 	 	 	 	 
	 	 	 	 	 
	 	 	March 14, 2019	 
	 	Datebvtk_ex101.htm

EXHIBIT 10.1
  
 RESCISSION, SETTLEMENT, AND CONFIDENTIALITY AGREEMENT WITH MUTUAL RELEASES
  
 THIS RESCISSION, SETTLEMENT, AND CONFIDENTIALITY AGREEMENT WITH MUTUAL RELEASES (the “Agreement”) is made and entered into as of March 12, 2019, by and between BRAVATEK SOLUTIONS, INC., a Colorado corporation (“Bravatek”) and JOHNNY BOLTON and JONATHAN A. BOLTON (also known as Jonathon Bolton) (collectively the “Boltons”). Bravatek and the Boltons are sometimes referred to herein as the “parties” collectively or a “party” individually.
  
 RECITALS
  
 WHEREAS, Bravatek and the Boltons are parties to that certain Amended and Restated Stock Purchase Agreement, dated effective as of January 1, 2018 (the “Stock Purchase Agreement”), pursuant to which Bravatek purchased one hundred percent (100%) of the capital stock of HelpCOmm, Inc., a Virginia corporation (“HelpCOmm”) which owned certain business assets including all tangible and intangible property related to HelpCOmm, including, but not limited to, customer lists, contracts, records, goodwill and other intangible assets, bank accounts, real property, equipment, furniture, computers, office supplies and related goodwill, policy manuals, and price lists (“HelpCOmm Capital Stock”) which was owned by the Boltons. in exchange for: (i) $25,000 cash; (ii) the issuance and delivery to the Boltons of 100,000 shares of Series D Preferred Stock of Bravatek (the “Preferred Shares”); and (iii) the assumption of certain limited liabilities and obligations delineated in Schedule 1.2 of the Stock Purchase Agreement (the “Assumed Liabilities”). Capitalized terms used herein and not otherwise defined shall have the same meaning as set forth in the Stock Purchase Agreement;
  
 WHEREAS, the parties now desire to unwind and rescind the transactions referenced in the Stock Purchase Agreement due to, among other reasons, certain events that have occurred subsequent to the closing of the Stock Purchase Agreement; and
  
 WHEREAS, to accomplish the unwinding of the Stock Purchase Agreement, Bravatek desires to return and the Boltons who desire to take back all of the HelpCOmm Capital Stock in exchange for (i) the return by the Boltons of the Preferred Shares to Bravatek and any Bravatek Common Shares which were converted from any of the Preferred Shares and still in the possession or control of the Boltons (collectively referred to as the “Boltons’ Bravatek Shares”); and (ii) the understanding that all of the Liabilities of HelpCOmm shall be retained by HelpCOmm when it is transferred to the Boltons, and any new debt and liability obligations that has been incurred by HelpCOmm since the date of the Stock Purchase Agreement, on the terms and subject to the conditions set forth below.
  
 NOW, THEREFORE, in consideration of the mutual covenants, promises and conditions contained herein, for other good and valuable consideration, the receipt of which is herewith acknowledged by the parties, the parties hereby agree as follows:
  
 Initials: /s/ JB; /s/ JB; /s/ TAC
  
  	 
	1
	 
 
	 

  
  	1.	RESCISSION OF STOCK PURCHASE AGREEMENT.

   
 On the terms and subject to the conditions of this Agreement, the Boltons and Bravatek each agree to rescind the Stock Purchase Agreement as follows: At the Closing (as defined below), the Boltons shall return the Boltons’ Bravatek Shares to Bravatek and shall take back the HelpCOmm Capital Stock with the full understanding that HelpoCOmm retains all of the Assumed Liabilities and HelpCOmm’s outstanding debt and liability obligations.
    
 	2.	THE CLOSING.

  
 	2.1.	Closing.

      
  	  
	2.1.1.	Closing Date. Subject to the satisfaction of the conditions set forth herein, the transaction which is the subject of this Agreement shall be closed on March 12, 2019 (the “Closing” and/or “Closing Date”).
	  
	  
	  

	  
	2.1.2.	Effect. The parties acknowledge that after Closing, the Stock Purchase Agreement shall be considered rescinded and void ab initio, and HelpCOmm shall be considered owned 100% by the Boltons effective as of January 1, 2018, and Bravatek shall have no rights or other interest in HelpCOmm, shall not receive any payment, profit or other distribution from HelpCOmm, and shall have no right to any of HelpCOmm’s assets, regardless of whether such asset became an asset of HelpCOmm following the Stock Purchase Agreement or otherwise before or after Closing. Similarly, HelpCOmm, owned by the Boltons shall retain all debt and liability obligations of HelpCOmm past, present and future.

  
  	2.2.	Returns and Deliveries by the Boltons to Bravatek. At the Closing, the Boltons shall return and deliver the following to Bravatek:

  
  	  
	2.2.1.	The Boltons’ Bravatek Shares and duly endorsed stock power(s) sufficient to transfer the Boltons’ Bravatek Shares from the Boltons to Bravatek. The Boltons shall take back the HelpCOmm Capital Stock which shall retain all of the Assumed Liabilities and any outstanding debt and liability obligations of HelpCOmm, past, present and future.
	  
	  
	  

	  
	2.2.2.	All Bravatek property at HelpCOmm’s facilities, including but not limited to, Bravatek’s 2011 Chevy HD 2500 truck and keys that are locked in HelpCOmm’s yard.
	  
	  
	  

	  
	2.2.3.	Such other documents, including certificates and third-party consents or releases, as may be required hereunder or as reasonably requested by Bravatek to complete the transactions contemplated in this Agreement.

  
 Initials: /s/ JB; /s/ JB; /s/ TAC
  
  	 
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  	2.3. 	Deliveries by Bravatek to the Boltons. At the Closing, Bravatek shall deliver the following to the Boltons:

  
  	  
	2.3.1.	The stock certificate(s) representing HelpCOmm Capital Stock and duly endorsed stock power(s) sufficient to transfer the HelpCOmm Capital Shares from Bravatek back to the Boltons.
	  
	  
	  

	  
	2.3.2.	All of Bravatek’s right, title and interest in and to all of the HelpCOmm Capital Stock, if any.
	  
	  
	  

	  
	2.3.3. 	The return of all, or a copy of, the QuickBooks files maintained by Bravatek during Bravatek’s period of ownership of HelpCOmm, and having HelpCOmm’s mail forwarded to HelpCOmm’s office, which shall occur no later than three business days following the full execution of this Agreement.
	  
	  
	  

	  
	2.3.4.	Such other documents, including certificates and third-party consents or releases, as may be required hereunder or as reasonably requested by the Boltons to complete the transactions contemplated in this Agreement.

  
  	2.4.	HelpCOmm shall retain all of the Assumed Liabilities and any outstanding debt and liability obligations of HelpCOmm, past, present and future.
	  
	  

	2.5.	No funds are due from either respective party for this exchange.
	  
	  

	2.6.	8760 LLC, an entity owned by the Boltons (“8760”), shall dismiss with prejudice the declaratory judgment action pending in the Circuit Court for Prince William County, Commonwealth of Virginia captioned as 8760 LLC v. Bravatek Solutions, Inc. and Tom Cellucci, Case No. CL 19-00559.
	  
	  

	2.7.	8760 shall dismiss with prejudice the action pending in the General District Court of Prince William County, Commonwealth of Virginia captioned as 8760 LLC v. HelpCOmm, Inc., GV 19-000284.
	  
	  

	2.8.	HelpCOmm shall provide the defense and responsibility for all actions pending against or relating to HelpCOmm.

  
 	3.	MUTUAL REPRESENTATIONS AND WARRANTIES; COVENANTS.

       
Each party represents and warrants to the other party that:    
  	3.1. 	Authority. Each respective party and its nominees, officers, directors and shareholders necessary for the authorization, execution, and delivery of this Agreement and the performance of all obligations of the respective party hereunder has been taken. Accordingly, each respective party has all requisite right, power, and authority to: (i) execute and deliver this Agreement and its related documents and perform its/their obligations hereunder and thereunder; and (ii) consummate the transactions contemplated in this Agreement. There are no agreements, contracts, or commitments to which each respective party is a party that would prohibit or restrict the transactions contemplated under this Agreement. No consent, approval, order or other authorization of any governmental or regulatory authority is required with respect to each respective party’s execution and delivery of this Agreement or any related document, or consummation of the transactions contemplated herein or therein. When executed and deliver, this Agreement constitutes the valid and binding obligations of each respective party enforceable in accordance with its terms.

  
 Initials: /s/ JB; /s/ JB; /s/ TAC
  
  	 
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  	3.2. 	Agreement Not in Contravention. Neither the execution and delivery of this Agreement, nor the consummation of the transactions provided for herein will: (i) result in the material breach of or constitute a material default or give rise to any right of termination, cancellation or acceleration under any of the terms, conditions, or provisions of any lease, license, promissory note, contract, agreement, mortgage, deed of trust or other instrument or document to which each of the parties is a party; or (ii) violate any order, writ, injunction, decree, law, statute, rule or regulation applicable to any of the parties.
	  
	  

	3.3.	Information and Statements. No representation or warranty made by or on behalf of the respective parties with respect to this Agreement contains any untrue statement of a material fact or omits to state a material fact necessary in order to make the statements so made, in light of the circumstances under which they are made, not misleading.
	  
	  

	3.4.	Cooperation on SEC Filings/Tax Matters. The respective parties each agree to furnish or cause to be furnished to each other upon request as promptly as practicable such information (including access to books and records) and information and assistance relating to the Stock Purchase Agreement and business operations as is reasonably necessary for the filing of any SEC submission and/or any tax or information return, for the preparation of any tax audit, and for the prosecution or defense of any claim, suit or proceeding relating to any SEC action or proposed tax adjustment.
	  
	  

	3.5.	No Undisclosed Encumbered Assets. Bravatek represents to the Boltons that none of HelpCOmm’s assets were used by Bravatek to secure any debt or loan created or arising during the time Bravatek held the stock of HelpCOmm (from January 1, 2018 to March 12, 2019).

  
 	4.	MUTUAL RELEASE.

  
 	4.1.	Each respective party on behalf of itself/themselves, and their respective related business entities, affiliates, subsidiaries, parents, partners, agents, assigns, heirs, officers, directors, shareholders, employees, executors, attorneys, accountants, agents, vendors, and customers (collectively “Affiliates”) hereby forever and finally releases, relieves, acquits, absolves and discharges the other party and their Affiliates from any and all losses, claims, debts, liabilities, demands, obligations, promises, acts, omissions, agreements, costs and expenses, damages, injuries, suits, actions and causes of action, of whatever kind or nature, whether known or unknown, suspected or unsuspected, contingent or fixed, that they may have against the other party and/or their Affiliates, including without limitation claims for indemnification, based upon, related to, or by reason of any matter, cause, fact, act or omission occurring or arising at any moment out of the Agreement or the Stock Purchase Agreement, except as provided in Section 5 below.

  
 Initials: /s/ JB; /s/ JB; /s/ TAC
  
  	 
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  	4.2.	Each respective party acknowledges that this mutual release does not constitute any admission of liability whatsoever on the part of any of the undersigned.
	  
	  

	4.3.	Each respective party knowingly and voluntarily waives any and all rights that it, they, or their respective Affiliates have or may have against each other.
	  
	  

	4.4. 	Each respective party further represents that such party: (i) has carefully read this Agreement; (ii) knows the contents of this Agreement; (iii) has had the advice of counsel of such party’s choosing in connection with the subject matter hereof, and the advice thereof is reflected in the provisions of this Agreement; and (iv) has not been influenced to any extent whatsoever in doing so by any other party or by any other person or entity, except for those representations, statements and promises expressly set forth herein.
	  
	  

	5.	INDEMNIFICATION.
	  
	  

	5.1.	Each respective party shall defend, indemnify, and hold the other harmless from and against any and all losses, damages, liabilities and expenses (including penalties and attorneys’ fees) which are incurred or suffered by or imposed upon the other party arising out of or relating to (i) any failure or breach by the party to perform any of its covenants, agreements or obligations under this Agreement, or (ii) any inaccuracy or incompleteness of any of the representations and warranties of the party contained in this Agreement. 
	  
	  

	5.2.	The Boltons shall defend, indemnify, and hold harmless Bravatek and its Affiliates for any claims or any and all losses, damages, liabilities and expenses (including penalties and attorneys’ fees) which are incurred or suffered by or imposed upon Bravatek or its Affiliates relating to HelpCOmm. 
	  
	  

	5.3.	Bravatek shall defend, indemnify, and hold harmless the Boltons and their Affiliates for any claims or any and all losses, damages, liabilities and expenses (including penalties and attorneys’ fees) which are incurred or suffered by or imposed upon the Boltons or their Affiliates related to Bravatek’s operations but unrelated to HelpCOmm. 
	  
	  

	5.4.	Indemnification Procedure. If any proceeding shall be brought or asserted against a party entitled to indemnification, or any successor thereto, pursuant to Section 5.1 herein (each, an “Indemnitee”) in respect of which indemnity may be sought under this Section 5 from an indemnifying party or any successor thereto (each, an “Indemnitor”), the Indemnitee shall give prompt written notice of such proceeding to the Indemnitor. The Indemnitee shall, reasonably and in good faith, assist and cooperate in the defense thereof. Notwithstanding anything herein to the contrary, the Indemnitor shall not, without the Indemnitee’s prior written consent, settle or compromise any proceeding or consent to the entry of judgment with respect thereto.

  
 Initials: /s/ JB; /s/ JB; /s/ TAC
  
  	 
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 	6.	CONFIDENTIALITY
	  
	  

	6.1.	The respective parties to this Agreement, and their accountants and attorneys may disclose the terms of this Agreement only to the following: (a) their attorneys; (b) their accountants, financial advisors, and/or tax preparers to the extent that this disclosure is reasonably necessary to obtain services from them; (c) the Securities and Exchange Commission (the “SEC”) to the extent reasonably necessary to comply with SEC rules, regulations, and public filings required from publicly traded companies; (d) any federal or state judicial or regulatory authority; and (e) any person or entity when such disclosure is required by law, regulation, or Court Order, or compelled by Subpoena to provide truthful testimony. Otherwise, the parties shall keep the terms of this Agreement absolutely confidential and shall not discuss this Agreement with anyone else, and if someone else inquires, shall state only that the issues between the parties have been resolved. The respective parties understand and agree that this confidentiality provision is important to the parties.
	  
	  

	7.	NON-DISPARAGEMENT.
	  
	  

	7.1.	The respective parties to this Agreement agree that as a mutual material inducement, neither party shall discuss or disclose (whether believed disparagingly or otherwise) the other party/party’s Affiliates, the other party’s/party’s Affiliates’ management, dealings, or course of conduct except as required by law or as necessary to fulfill the terms of this Agreement. This restriction includes, without limitation, conversations with persons other than the parties’ counsel, writings, Internet and social media (FaceBook, LinkedIn, Twitter, Instagram, Snapchat, etc.) postings, communications with news media, communications with attorneys representing other parties or witnesses retained on behalf of other parties, and communications with any publication, or any legal, non-legal or quasi-legal organization or any other association. The undersigned and their attorneys acknowledge and agree that any violation of this provision would result in immediate and irreparable injury to the other party and that party’s Affiliates, and the parties agree that, in the event of any such violation, the subject party/party’s Affiliates are entitled to an injunction to restrain any or all aspects of such violation, as well as any other legal or equitable remedies or relief available to the fullest extent permitted by law.

  
 Initials: /s/ JB; /s/ JB; /s/ TAC
  
  	 
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 	8.	MISCELLANEOUS.
	  
	  

	8.1.	Counterparts. This Agreement may be executed in any number of counterparts, including facsimiles or scans thereof, each of which shall be an original, but such counterparts together shall constitute one and the same instrument.
	  
	  

	8.2.	Entire Agreement. Unless otherwise specifically agreed in writing, this Agreement represents the entire understanding of the parties with reference to the transactions set forth herein and supersedes all prior warranties, understandings and agreements heretofore made by the parties, and neither this Agreement nor any provisions hereof may be amended, waived, modified or discharged except by an agreement in writing signed by the party against whom the enforcement of any amendment, waiver, change. or discharge is sought.
	  
	  

	8.3.	Specific Performance. The parties agree that irreparable damage would occur in the event any provision of this Agreement was not performed in accordance with the terms thereof and that, prior to the termination of this Agreement pursuant to its terms, the parties shall be entitled to specific performance of the terms hereof, in addition to any other remedy at law or equity.
	  
	  

	8.4. 	Assignment of Agreement. This Agreement shall be binding upon and inure to the benefit of the parties hereto, their Affiliates, and their respective heirs, successors, and assigns. No party may assign either this Agreement or any of its/their rights, interests, or obligations hereunder without the prior written approval of the other party.
	  
	  

	8.5.	Governing Law and Attorneys’ Fees. This Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Virginia. In the event of any action at law or suit in equity in relation to this Agreement or any other instrument or agreement required hereunder, the prevailing party in such action or suit shall be entitled to receive its or their attorneys’ fees and all other costs and expenses of such action or suit.
	  
	  

	8.6.	Further Action. In case at any time after the Closing Date any further action is necessary or desirable to carry out the purposes of this Agreement and to vest Bravatek with full title to the Boltons’ Bravatek Shares, the appropriate person or persons shall take such action as promptly as practicable.
	  
	  

	8.7.	Survival. All representations, warranties, covenants and agreements of the parties contained in this Agreement, or in any instrument, certificate, opinion or other writing provided for herein, shall survive the Closing.
	  
	  

	8.8.	Severability. Any term or provision of this Agreement that is invalid or unenforceable in any situation in any jurisdiction shall not affect the validity or enforceability of the remaining terms and provisions hereof or the validity or enforceability of the offending term or provision in any other situation or in any other jurisdiction.

  
 Initials: /s/ JB; /s/ JB; /s/ TAC
  
  	 
	7
	 
 
	 

  
  	8.9.	WAIVER OF JURY TRIAL. EACH RESPECTIVE PARTY HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREIN OR THE ACTIONS OF THE PARTIES IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE, AND ENFORCEMENT OF THIS AGREEMENT. THIS WAIVER EXTENDS TO ANY AND ALL RIGHTS TO DEMAND A TRIAL BY JURY ARISING FROM ANY SOURCE, INCLUDING BUT NOT LIMITED TO, THE CONSTITUTION OF THE UNITED STATES OR ANY STATE OR COMMONWEALTH THEREIN, COMMON LAW, OR ANY APPLICABLE STATUTE OR REGULATIONS. EACH RESPECTIVE PARTY HERETO ACKNOWLEDGES THAT IT/THEY KNOWINGLY AND VOLUNTARILY IS WAIVING ITS/THEIR RIGHT TO DEMAND TRIAL BY JURY.

  
 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the day and year first above written.
  
 BRAVATEK SOLUTIONS, INC. 
  
 /s/ Thomas A. Cellucci                                                   
 By: Thomas A. Cellucci, Chairman & CEO
  
 Commonwealth of Virginia
                                                                                           ) ss:
 CITY/COUNTY OF Loudoun                                    )
  
 On this 12th day of March, 2019, before me, Umme Umara Ahmed, a notary public in and for the Commonwealth of Virginia, personally appeared Thomas A. Cellucci, known to me (or satisfactorily proven) to be the person whose name is subscribed above, and acknowledged that he executed the same for the purposes therein contained.
  
 IN WITNESS WHEREOF I hereunto set my hand and official seal.
  
  	  
	 /s/ Umme Umara Ahmed                                 
 Notary Public

	 Registration Number: 7792208
	  

	 [SEAL] 
	 My commission expires: Nov, 30th, 2022

	  
	  

	 JOHNNY BOLTON
	 JONATHAN (JOHNATHAN) A. BOLTON

	  
	  

	 /s/ Johnny Bolton                                        
	 /s/ Jonathan A. Bolton                                       

  
 Initials: /s/ JB; /s/ JB; /s/ TAC
  
  	 
	8
	 
 
	 

  
 Commonwealth of Virginia                                       )
                                                                                       ) ss:
 CITY OF Manassas                                                )
  
 On this 12th day of March, 2019, before me, Phyllis Ann Thomas, a notary public in and for the Commonwealth of Virginia, personally appeared Johnny Bolton and Jonathan (Johnathan) Bolton, known to me (or satisfactorily proven) to be the person whose name is subscribed above, and acknowledged that he executed the same for the purposes therein contained.
  
 IN WITNESS WHEREOF I hereunto set my hand and official seal.
  
  	  
	 /s/ Phyllis Ann Thomas                               
 Notary Public

	 Registration Number: 7702915
	  

	 [SEAL]
	 My commission expires: 8-31-2020

  
 Initials: /s/ JB; /s/ JB; /s/ TAC
  
  
  	9

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