Document:

EXHIBIT
10.1

 

MANAGEMENT
OPERATING AGREEMENT

 

This Management
Operating Agreement (the “Agreement” is made and entered into the 31st day of December 2021 by and between
Life on Earth, Inc. (“LFER”) a Delaware corporation with its principal offices located in New York, and CareClix Holdings,
Inc. (“SOLI”) a Florida corporation with its principal offices located in Melbourne, Florida (LFER and SOLI being sometimes
referred to herein as a Party or Parties).

 

WHEREAS,
LFER and SOLI entered into that certain Share Purchase Agreement dated December 17, 2021 pursuant to which LFER agreed to acquire
four operating subsidiaries of SOLI (hereafter identified as the “Subsidiaries”) for stock of LFER (hereafter the “Transaction”);
and

 

WHEREAS,
the Share Purchase Agreement provided for a Closing of the Transaction on or before December 31, 2021; and

 

WHEREAS,
the shares of LFER to be issued as part of the consideration for the closing of the Transaction as set forth in Sections 1.2.1
and 1.2.2 of the Share Purchase Agreement cannot be issued by LFER until a required Form S-4 registration statement for such shares
of LFER to be issued, has been filed with and declared effective by the U.S. Securities Exchange Commission (the “SEC”);
and

 

WHEREAS,
the Parties desire to complete the Closing of the Transaction as of December 31, 2021 (the “Interim Closing”) except
for the issuance of the full consideration for the Transaction by LFER as set forth in Sections 1.2.1 and 1.2.2 of the Share Purchase
Agreement, pending the effectiveness of the Form S-4; and to provide for the interim management and operations of the Subsidiaries,
as wholly-owned subsidiaries of LFER;

 

NOW,
THEREFORE, for valuable consideration the receipt and sufficiency of which are expressly agreed to by the Parties, the Parties
hereby agree as follows:

 

		1.	At the Interim Closing, LFER will convey the consideration set forth in Section 1.2.3 of the Share
Purchase Agreement, and SOLI will convey all of its interests in the four operating subsidiaries, CareClix, Inc., CareClix Services,
Inc., My CareClix, Inc. and CareClix RPM, Inc. (collectively the “Subsidiaries”), to LFER, which thereafter shall be
wholly-owned subsidiaries of LFER effective January 1, 2022, subject to the terms of this Agreement, until LFER has filed the required
S-4 registration statement for the LFER shares as set forth in Sections 1.2.1 and 1.2.2 of the Share Purchase Agreement, such S-4
registration statement has been declared effective by the SEC and the shares have been issued as the LFER consideration for the
Transaction (the “Final Closing”).

 

		2.	All of the conditions to Closing as set forth in the Share Purchase Agreement having been met except
for the issuance of the LFER share consideration as set forth in Sections 1.2.1 and 1.2.2 of the Share Purchase Agreement, the
Parties have accordingly entered into the Interim Closing as of and at December 31, 2021.

 

		3.	In accordance with the Share Purchase Agreement, the current management of the Subsidiaries shall
continue as the management of the Subsidiaries as of and after the Interim Closing, SOLI shall have no part in
the management or operations of the Subsidiaries, and LFER shall record the shares to be issued as the consideration as set forth
in Sections 1.2.1 and 1.2.2 of the Share Purchase Agreement as a liability for shares issuable on its financial records.

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		4.	LFER shall use its best efforts to promptly file an S-4 registration statement for the registration
of the LFER share consideration as set forth in Sections 1.2.1 and 1.2.2 of the Share Purchase Agreement with the SEC and to use
its best efforts to obtain such effectiveness as expeditiously as possible. In the event that LFER fails or is unable to obtain
an effective Form S-4 registration statement from the SEC for the required S-4 registration of the LFER share consideration as
set forth in Sections 1.2.1 and 1.2.2 of the Share Purchase Agreement on or before May 31, 2022, then, unless the Parties agree
to the contrary or extend the Final Closing in writing, the Subsidiaries shall be returned to SOLI and the Interim Closing shall
be reversed.

 

		5.	Except for this Agreement, following the Interim Closing, SOLI shall have no involvement or participation
in the operations or management of the Subsidiaries; and SOLI shall have no interest in LFER, as a shareholder, creditor, or otherwise
and LFER shall have no interest in SOLI, as a shareholder, creditor, or otherwise.

 

		6.	The Parties hereby agree that any and all claims (except only for requests for injunctive or
                                                                other equitable relief) whether existing now, in the past or in the future as to which the Parties or any affiliates may be
                                                                adverse Parties, and whether arising out of this Agreement or from any other cause, will be resolved by arbitration before
                                                                the American Arbitration Association within the State of New York. The Parties hereby irrevocably consent to the jurisdiction
                                                                of the American Arbitration Association and the situs of the arbitration (and any requests for injunctive or other equitable
                                                                relief) in New York, State of New York. Any award in arbitration may be entered in any domestic or foreign court having
                                                                jurisdiction over the enforcement of such awards. The law applicable to the arbitration and this Agreement shall be that of
                                                                the State of New York. The arbitrator may, in its discretion, allow the Parties to make reasonable disclosure and discovery
                                                                in regard to any matters that are the subject of the arbitration and to compel compliance with such disclosure and discovery
                                                                order. The arbitrator may order the Parties to comply with all or any of the disclosure and discovery provisions of the
                                                                Federal Rules of Civil Procedure, as they then exist, as may be modified by the arbitrator consistent with the desire to
                                                                simplify the conduct and minimize the expense of the arbitration. Regardless of any practices of arbitration to the contrary,
                                                                the arbitrator will apply the rules of contract and other law of the jurisdiction whose law applies to the arbitration so
                                                                that the decision of the arbitrator will be, as much as possible, the same as if the dispute had been determined by a court
                                                                of competent jurisdiction. Any award or decision by the American Arbitration Association shall be final, binding and
                                                                non-appealable except as to errors of law or the failure of the arbitrator to adhere to the arbitration provisions contained
                                                                in this agreement. Each Party to the arbitration shall pay its own costs and counsel fees except as specifically
                                                                provided otherwise in this agreement. In any adverse action, the Parties shall restrict themselves to claims for compensatory
                                                                damages and\or securities issued or to be issued and no claims shall be made by any Party or affiliate for lost profits,
                                                                punitive or multiple damages. The Parties covenant that under no conditions will any Party or any affiliate file any action
                                                                against the other (except only requests for injunctive or other equitable relief) in any forum other than before the American
                                                                Arbitration Association, and the Parties agree that any such action, if filed, shall be dismissed upon application and shall
                                                                be referred for arbitration hereunder with costs and attorney’s fees to the prevailing Party. It is the intention of
                                                                the Parties and their affiliates that all disputes of any nature
between them, whenever arising, whether in regard to this agreement or any other matter, from whatever cause, based on whatever
law, rule or regulation, whether statutory or common law, and however characterized, be decided by arbitration as provided herein
and that no Party or affiliate be required to litigate in any other forum any disputes or other matters except for requests for
injunctive or equitable relief. This agreement shall be interpreted in conformance with this stated intent of the Parties and their
affiliates. The provisions for arbitration contained herein shall survive the termination of this agreement for any reason.

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		7	General Provisions

 

		7.1	Confidentiality.

 

		7.1.1	Except for any governmental filings required in order to complete the Transaction, and

 

		7.1.2	Except as Seller and the Buyer may agree or consent in writing, and

 

		7.1.3	Except as may be required by applicable law, court proceeding or obligations pursuant to the rules
of any securities exchange or self-regulatory authority. all
information received by Seller and the Buyer and their respective representatives pursuant to the terms of this Agreement shall
be kept in confidence by the receiving Party and its representatives.

 

		7.1.4	In the event any person is required by law to disclose any such information, such Party shall promptly
notify the other Party hereto in writing so that such Party may seek a protective order and/or other motion to prevent or limit
the production or disclosure of such information. Such Party shall continue to be bound by its obligations pursuant to Section
7.1 for any information that is not required to be disclosed, or that has been afforded protective treatment, pursuant to such
motion. If the transactions contemplated hereby shall fail to be consummated, all copies of documents or extracts thereof containing
information and data as to one of the other Parties, including all information prepared by the receiving Party or such receiving
Party's representatives, shall be turned over to the Party furnishing same, except that such information prepared by the receiving
Party or such receiving Party's representatives may be destroyed at the option of the receiving Party, with notice of such destruction
(or return) to be confirmed in writing to the disclosing Party. Any information not so destroyed (or returned) will remain subject
to these confidentiality provisions (notwithstanding any termination of this Agreement).

 

		7.1.5	The foregoing confidentiality provisions shall not apply to such portions of the I information
received which:

 

		7.1.5.1	are or become generally available to the public through no action by the receiving Party or by
such Party's representatives;

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		7.1.5.2	are or become available to the receiving Party on a non-confidential basis from a source, other
than the disclosing Party or its representatives, which the receiving Party believes, after reasonable inquiry, is not prohibited
from disclosing such portions to it by a contractual, legal or fiduciary obligation; or

 

		7.1.5.3	are developed by a Party without use of any information received by such Party pursuant to the
terms of this Agreement.

 

		7.1.6	The Parties acknowledge and agree that the remedy at law for any breach of Section 7.1 will be
inadequate and that the non-breaching Party shall be entitled, in addition to any remedy at law, to injunctive or other equitable
relief.

 

		7.2	Further Assurances. From time to time, each Party will execute such additional instruments
and take such actions as may be reasonably required to carry out the intent and purposes of this Agreement.

		7.3	Waiver. Any failure on the part of either Party hereto to comply with any of its obligations,
agreements, or conditions hereunder may be waived in writing by the Party to whom such compliance is owed.

		7.4	Brokers. Each Party agrees to indemnify and hold harmless the other Party against any fee,
loss, or expense arising out of claims by brokers or finders employed or alleged to have been employed by the indemnifying Party.

		7.5	Notices. All notices and other communications hereunder shall be in writing and shall be
given by personal delivery, overnight delivery, electronic mail, or mailed by registered or certified mail, postage prepaid, with
return receipt requested, as follows:

if
to LFER, to:

Life
on Earth, Inc.

Attention:
Mahmood Khan, CEO 1345 6th Ave. 2nd Floor

NY,
NY 10105

Phone:
1-646-844-9897

Email:
info@lifeonearthinc.com

 

With
a copy (which shall not constitute notice) to: jlaxague@cronelawgroup.com if to SOLUI,
to:

CareClix
Holdings, Inc.

1270
N. Wickham Road

Suite
13-1019

Melbourne,
FL 32935

Telephone:
321-223-2670

Email:
mrScott@soleihealth.com

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With
a copy (which shall not constitute notice) to legal@careclix.com

The
persons and addresses set forth above may be changed from time to time by a notice sent as aforesaid. If notice is given by personal
delivery or overnight delivery in accordance with the provisions of this Section, such notice shall be conclusively deemed given
at the time of such delivery provided a receipt is obtained from the recipient. If notice is given by mail, such notice shall be
deemed given upon receipt and delivery or refusal.

 

		7.6	Assignment. This Agreement
                                         shall inure to the benefit of, and be binding upon, the Parties hereto and their successors
                                         and assigns; provided, however, that any assignment by any Party of its rights under
                                         this Agreement without the written consent of the other Parties, which may be withheld
                                         for any reason, shall be void.

 

		7.7	Counterparts. This Agreement may be executed simultaneously in two or more counterparts, each of which shall be deemed an
original, but all of which together shall constitute one and the same instrument. Signatures sent by facsimile transmission or
electronic signatures shall be deemed to be evidence of the original execution thereof.

 

		7.8	Review of Agreement. Each
                                         Party acknowledges that it has had time to review this Agreement and, as desired, consult
                                         with counsel. In the interpretation of this Agreement, no adverse presumption shall be
                                         made against any Party on the basis that it has prepared, or participated in the preparation
                                         of, this Agreement.

 

  

IN
WITNESS WHEREOF, the Parties have executed this Agreement on the date first written above.

 

	LFER:	SOLI:

 

	Life on Earth, Inc.	CareClix Holdings, Inc.

	By: /s/ Mahmood Khan	By; /s/ Charles O. Scott

 

	Mahmood Khan	Charles O. Scott

	Chief Executive 	Chairman and CEO

 

 

 

    	5Document

Exhibit 10.1

[Trane Technologies Letterhead]

January 5, 2022

Ms. Marcia J. Avedon          

Dear Marcia:

Thank you for your successful leadership of the Human Resources, Communications, Marketing and Government Relations functions of Trane Technologies and agreeing to delay your retirement in order to ensure a successful transition to your successors. In acknowledgement of the importance of your continued employment during this transition period, the Company is offering you a retention bonus.  We are pleased to offer you this special retention bonus of $200,000 in a one-time payment (less applicable withholdings and deductions), upon satisfaction of the following conditions:

a.You sign this letter in the space provided below and return it to me by the end of the day. 

a.You remain employed with Trane Technologies through April 30, 2022.

a.You successfully support the transition to your successors.

If the above-mentioned conditions are met, a retention bonus in the amount of $200,000 would be payable to you on April 30, 2022 or as soon as administratively possible after this date. The retention bonus shall not be considered compensation for purposes of determining the amount of benefits payable or any individual’s rights under any employee benefit program of the Company.
Thank you, Marcia for your significant leadership and overall contributions to Trane Technologies.

Sincerely,

/s/ David S. Regnery

David S. Regnery
Chair and Chief Executive Officer

Cc: Lynn Castrataro

EMPLOYMENT ACKNOWLEDGEMENT AND SIGNATURE: 
Although I understand that my employment is at-will and that this memo does not change my at-will status, by signing below I represent that I currently intend to continue employment with the Company in my current position through at least April 30, 2022.  I understand that the company is offering the Retention Bonus described above in reliance upon my representation. 

I accept the terms associated with this retention agreement and agree to the conditions in this letter. 

/s/ Marcia J. Avedon                        1/5/2022
___________________________________              _________________________
Ms. Marcia J. Avedon                                                            Date

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