Document:

Exhibit 10.10

 

“Pursuant to Item 601(b)(10)(iv) of
Regulation S-K, certain identified information marked with [*****] has been excluded from the exhibit because it is both (i) not material
and (ii) the type that the registrant treats as private or confidential.”

 

CONSULTING AGREEMENT

 

THIS CONSULTING AGREEMENT (“Agreement”)
is entered into on the 24 March 2022 by and between Ocean Street Partners, Inc. (hereinafter “Consultant”) and GelTeq Pty Ltd,
an Australian corporation (hereinafter “Company”).

 

HEREAFTER the Company and Consultant are referred
to collectively as “Parties”, and singularly as “Party”.

 

WHEREAS the Parties desire to set forth the
terms and conditions under which the said financial and strategic planning services shall be performed,

 

NOW, THEREFORE in consideration of the promises
of the mutual covenants herein, the Parties hereto agree as follows:

 

ARTICLE I-SCOPE OF SERVICES

 

During the term of this Agreement, Consultant shall
provide advice to undertake for, and consult with the Company and/or its subsidiaries concerning financial and strategic planning, including,
corporate organization and structure, financial matters in connection with the operation of the business of the Company, expansion of
services, and shall review and advise the Company regarding its overall progress, needs, and condition and the Services set out in the
Schedule. Consultant agrees to provide on a timely basis the following enumerated services in addition to any other services contemplated
thereby:

 

(a)
Work with the Company to rewrite the current SEC Form F-1.

 

(b) Evaluate
and assist in any potential joint venture and/or business development candidates for the Company.

 

(c) Interface,
screen and potentially manage outside service providers including, but not limited to, assisting CMA Investor and Media Relations on Company
investor decks both pre and post IPO.

 

(d) Advise
with recommendations regarding corporate financing including the structuring, terms, and content of bank loans, institutional loans, private
debt funding, mezzanine financing, and other equity or debt financing of a public and/or private nature and work with Company to assemble
and organize due diligence materials for presentation to potential financing sources.

 

(e) Assist
in negotiating the terms and conditions of a financing as well as introduce potential investors and orders leading up to the IPO.

 

(f) Introduce
the Company to business development opportunities, and capital sources to provide equity and/or debt financing.

 

(g) Review
and provide advice and/or assistance in the presentation, design, style and functionality of the Company’s public
communication materials, including the Company’s website and corporate presentations from time to time at various industry
and/or investment banking conferences and tradeshows for the purpose of raising the public awareness of the Company and its
properties.

 

1048 Irvine Ave •
Suite 1004 • Newport Beach, CA• 92660 • [*****] • www.oceanstreetpartners.com

 

     

     

    

 

(h) Manage,
coordinate, and assist with a NASDAQ IPO and listing with an estimated goal of a successful listing on or before May 31, 2022.

 

(i) Work with
the Company to identify and document the services to be provided by the Consultant to the Company in respect of post listing consulting
services including advising the Company on what services and compliance matters will be required for the Company to comply with its obligations
as a listed entity and assisting with such obligations. The monthly service fees paid under this agreement are in consideration of the
provision of all such services.

 

Anything to the contrary in this Agreement notwithstanding,
the services to be rendered by Consultant shall not include any activities which could be deemed by the Securities and Exchange Commission
to constitute activities requiring Consultant to be registered as a broker-dealer under the Securities Exchange Act of 1934, as amended.

 

ARTICLE II-PERIOD OF PERFORMANCE

 

The Period of Performance under this Agreement shall
begin immediately upon execution by both parties and will continue for an initial twelve (12) month period. Prior to the Company listing
on the NASDAQ, this Agreement may be terminated by either party with at least 30 days advance written notice provided that the Consultant
continues to provide the Services under this Agreement during the notice period. After the Company has listed on the NASDAQ, this Agreement
may be canceled by either party with at least 60 days advance written notice provided that the Consultant continues to provide the Services
under this Agreement during the notice period.

 

ARTICLE III-CONTRACTUAL RELATIONSHIP

 

In performing the services under this Agreement, Consultant
shall operate as, and have the status of, an independent contractor. Consultant shall not have authority to enter into any contract binding
the Company or create any obligations on the part of the Company, except as shall be specifically authorized by the Company. The Company
and Consultant will be mutually responsible for determining the means and the methods for performing the services described in ARTICLE
I.

 

ARTICLE IV-COMPENSATION

 

As full consideration for the performance of the basic
services described above, the Company shall pay Consultant, or their broker dealer affiliate if applicable, compensation as set forth
on Exhibit A to this Agreement.

 

1048 Irvine Ave
• Suite 1004 • Newport Beach, CA• 92660 • [*****] • www.oceanstreetpartners.com

 

    2

     

    

 

ARTICLE V- DUE DILIGENCE MATERIAL

 

Subject to review by Consultant, the Company shall provide the
required Due Diligence Materials. The Company represents and warrants that to the best of its knowledge: the information contained
in its Due Diligence Materials will not include any misstatement of material fact or omit to state any material fact required to be
stated therein or necessary to make statements contained therein, in light of the circumstances under which they are being made, not
misleading. The Company agrees to advise Consultant immediately in writing of the occurrence of any event or any other change known
to the Company which results in the Due Diligence Materials containing a misstatement of material fact or omitting any material fact
required to be stated therein or necessary to make statements therein, in light of the circumstances under which they were made, not
misleading. The Company agrees to be solely responsible for the accuracy and completeness of the Due Diligence Materials. The
Consultant agrees to immediately notify the Company upon becoming aware of any inaccuracy or misstatement or misleading statement in
the Due Diligence Materials. The Company further agrees that its failure or inability to expeditiously provide such data or
information, or to secure timely access to key personnel and facilities, may have a material adverse effect on the scope, timing and
success of this engagement. The Consultant agrees that it will notify the Company of all materials that it requires in a timely
manner sufficient for the Company to prepare the Due Diligence Materials having regard to the nature of the requirement. The Company
authorizes Consultant, as its agent, to furnish any financing source with copies of the Due Diligence Materials and any other
documents or relevant information supplied to Consultant, so long as the source is under NDA. Since Consultant must at all times
rely upon the accuracy and completeness of information supplied to it by the Company’s officers, directors, agents, and employees,
the Company agrees to indemnify, hold harmless, and defend Consultant, its officers, agents or employees at the Company’s
expense, in any proceeding or suit which may arise out of and/or due to any inaccuracy or incompleteness of such Due Diligence
Material supplied by the Company to Consultant.

 

Company acknowledges that there is an affirmative obligation
on its part to use its best efforts to assist Consultant in its efforts and performance under this Agreement, such as making Company representatives
reasonably available for participation in investor presentations and meetings, providing reasonable responses to and/or documentation
addressing requests for Due Diligence Material and other actions as Consultant may reasonably request in its sole discretion. The Consultant
acknowledges that it must provide sufficient notice to the Company of requirements of the Company set out in this clause in order for
the Company to comply and have sufficient time to prepare for such presentations and meetings.

 

ARTICLE VI-INDEMNIFICATION

 

Company’s indemnity to the Consultant: The
Company agrees to indemnify, defend and hold harmless the Consultant, its officers and its respective agents and affiliates against any
and all loss, liability, claim, damage and expense whatsoever (including, but not limited to, all expenses reasonably incurred in investigating,
preparing or defending against any litigation commenced or threatened, or any claim whatsoever) arising out of the Company’s performance
of its obligations hereunder or any violation or alleged violation by Company of any law relating thereto. This indemnity shall not apply
either in full or part, and Consultant shall indemnify and hold Company and its respective agents harmless from and against all liabilities,
where the liability was caused or contributed by the Consultant’s or its agents’ or affiliates’ act, omission, negligence
or breach of this Agreement or law.

 

1048 Irvine Ave
• Suite 1004 • Newport Beach, CA• 92660 • [*****] • www.oceanstreetpartners.com

 

    3

     

    

 

Consultant’s indemnity to Company: The Consultant
agrees to indemnify, defend and hold harmless the Company, its officers and its respective agents and affiliates against any and all loss,
liability, claim, damage and expense whatsoever (including, but not limited to, all expenses reasonably incurred in investigating, preparing
or defending against any litigation commenced or threatened, or any claim whatsoever) arising out of the Consultant’s performance
of its obligations hereunder or any violation or alleged violation by Consultant of any law relating thereto. This indemnity shall not
apply either in full or part, and Company shall indemnify and hold Consultant and its respective agents harmless from and against all
liabilities, where the liability was caused or contributed by the Company’s or its agents’ or affiliates’ act, omission,
negligence or breach of this Agreement or law.

 

ARTICLE VII-ASSIGNMENT

 

This Agreement may not be assigned by either Party,
including but limited to assignment by operation of law, without the express written consent of the other Party, which consent such Party
may grant or withhold in its sole discretion. This Agreement shall be binding upon and shall inure to the benefit of the Parties and their
successors and permitted assigns. A change of control of the Consultant will be a deemed assignment as though the entity taking control
was an assignee.

 

ARTICLE VIII-REPRESENTATIVE AND NOTICES

 

All notices, requests, demands and other communications
under this Agreement shall be in writing and shall be deemed to have been duly given: (a) on the date of service if served personally
on the party to whom notice is to be given; (b) on the day of transmission if sent via email or facsimile transmission during normal business
hours, and on the day immediately following transmission if sent via email or facsimile after normal business hours, to the email address
or facsimile number given below, and confirmation of receipt is obtained promptly after completion of transmission; (c) on the day after
delivery to Federal Express or a similar overnight courier or the Express Mail service maintained by the United States Postal Service;
or (d) on the fifth (5th) day after mailing, if mailed to the party to whom notice is to be given, by first class mail, registered or
certified, postage prepaid and properly addressed, to the party as follows:

 

	 	If to Company:	GelTeq Pty Ltd
	 	 	Level 7, 612-616 St Kilda Road
	 	 	Melbourne VIC 3004, Australia
	 	 	Attention: Nathan Givoni
	 	 	Email: [*****]
	 	 	 
	 	If to Consultant:	Ocean Street Partners, Inc.
	 	 	1048 Irvine Avenue, Suite 1004
	 	 	Newport Beach, CA 92660
	 	 	Attention: [*****]
	 	 	Facsimile: [*****]
	 	 	Email: [*****]

 

Any Party may change its address for the purpose of this section by
giving the other Party written notice of its new address in the manner set forth above.

 

ARTICLE IX-GOVERNING LAW AND VENUE

 

This Agreement shall be governed by and construed in accordance
with the laws of the State of New York.

 

If a dispute arises out of or relates to
this Agreement, a party must not commence any court or other proceedings relating to the dispute and agrees instead to follow the following
procedure:

 

		(a)	the party claiming that a dispute has arisen must give written notice to the other
party specifying the nature of the dispute;
	 	 	 

		(b)	on receipt of that notice by that other party, the parties must endeavour in good
faith to resolve the dispute using informal dispute resolution techniques such as mediation, expert evaluation, arbitration or similar
methods agreed by them;
	 	 	 

		(c)	if the parties do not agree within 10 days of receipt of the notice (or such further
period as the parties agree in writing) as to:
	 	 	 

		A.	the dispute resolution method and procedures to be adopted;

 

		B.	the timetable for all steps in those procedures; and

 

		C.	the selection and compensation of the independent person required
for such method,

 

the parties must mediate the dispute
in accordance with the Mediation Rules of the International Chamber of Commerce. The parties agree that no dispute arising under this
agreement will be brought or litigated in a court.

 

1048 Irvine Ave
• Suite 1004 • Newport Beach, CA• 92660 • [*****] • www.oceanstreetpartners.com

 

    4

     

    

 

ARTICLE X-OTHER ACTIVITIES OF CONSULTANT

 

The Company recognizes that Consultant now renders
and may continue to render services of the same nature as it will be rendering to the Company to other companies that may conduct business
and activities similar to those of the Company. Nothing in this Agreement shall prevent or prohibit Consultant from working with any other
person or entity (a “Third Party”) at any time provided that the Third Party does not provide or manufacture gel based nutritional
or supplement products Consultant shall not be required to devote its full time and attention to the performance of its duties under this
Agreement, but shall devote only so much of its time and attention as it deems reasonable or necessary in order to provide the agreed
upon services hereunder. The Consultant agrees that it will resource its obligations under this Agreement so that it is responsive to
the Company and is able to meet agreed project deadlines.

 

ARTICLE XI – CONFIDENTIALITY

 

Confidential Information includes any information
marked as confidential and any information received or developed by the Company, which is not publicly available relating to any aspect
of the Company’s actual business, proposed business or that of its affiliates or associates or subsidiaries (including without limitation:
and any formulations, customer data, supplier information, ingredients, fundraising strategy, information pertaining to the proposed listing,
investor and prospective investor information, investment documents, marketing decks, prospective clients, recipes, product data, strategies,
patents, marketing information, strategy and proposed products) , whether provided directly to the Consultant or made available to the
Consultant in any form whether material, document or verbal.

 

The Consultant agrees to keep the
Confidential Information confidential and to use and disclose such information only for the purposes of performance of its obligations
under this Agreement and otherwise if such disclosure is in the best interests of the Company.

 

The Consultant agrees that it will:

 

		(a)	not disclose any Confidential Information to anyone else except as permitted under
this Agreement and the recipient is aware of and will be bound in writing by confidentiality obligations; and
	 	 	 

		(b)	limit the disclosure of the Confidential Information within its own organization
only to those of its officers, contractors, and employees to whom such disclosure is strictly necessary for the purposes of this Agreement
and who have been made aware of its confidential nature and have agreed to keep the information confidential in accordance with the terms
of this clause.

 

The obligations of confidentiality
in this clause will not apply to information which:

 

		(a)	is generally available in the public domain except where such availability is as
a result of a breach of this Agreement; or
	 	 	 

		(b)	is required to be disclosed by an applicable law or court order.

 

The Consultant agrees to indemnify
the Company fully against all damages, losses, liabilities, claims, costs and expenses which the Company incur either directly or indirectly
as a result of any breach of this clause by the Consultant.

 

ARTICLE XI(A) - INTELLECTUAL PROPERTY

 

The provision of the Services may
include the development of Intellectual Property (Materials) either solely or jointly with others. The Contractor hereby:

 

		(a)	assigns immediately, upon creation of the Materials, to the Company absolutely
all rights), title, and interest in and to the Materials and all Intellectual Property in the Materials for use in any manner and in all
media now known or in the future devised;
	 	 	 

		(b)	warrants to the Company that:

 

		(i)	it will not either on its own or via a third party or provide assistance to a third
party to breach, infringe or circumvent the intellectual property rights of the Company in the Materials or any intellectual property
owned or licensed by the Company;
	 	 	 

		(ii)	the use and exploitation of the Materials by the Company will not constitute an
infringement of the copyright, other Intellectual Property rights, or Moral Rights held by a third party or a breach of a duty of confidence
owed to a third party;

 

1048 Irvine Ave
• Suite 1004 • Newport Beach, CA• 92660 • (949) [*****] • www.oceanstreetpartners.com

 

    5

     

    

 

		(iii)	the Contractor has not entered, and will not enter, into any agreement that would prevent or limit the
Company’s rights under this Agreement; and
	 	 	 

		(iv)	the Contractor has not, and will not, charge or otherwise encumber, assign or in any way deal with the
Materials.

 

ARTICLE XII-MISCELLANEOUS

 

This Agreement sets forth the entire understanding of
the Parties relating to the subject matter hereof, and supersedes and cancels any prior communications, understandings and agreements
between the Parties.

The parties hereby acknowledge that no representations
or warranties have been made other than those expressly recorded in this Agreement and that, in respect of this Agreement or any part
of it including the transactions contemplated pursuant to this Agreement, no party has relied or will rely upon any representations or
information, whether oral or written, previously provided to or discovered by it.

 

No agreements hereafter made between the Parties shall
be binding on either Party unless reduced to writing and signed by an authorized officer of the Party bound thereby.

 

This Agreement may be executed in counterpart signatures,
each of which shall be deemed an original, but all of which, when taken together, shall constitute one and the same instrument, it being
understood that both parties need not sign the same counterpart. In the event that any signature is delivered by facsimile or scanned
email transmission or DocuSign, or equivalent, such signature shall create a valid and binding obligation of the party executing (or on
whose behalf such signature is executed) the same with the same force and effect as if such facsimile signature page were an original
thereof.

 

The invalidity, illegality, or unenforceability of
any provision or provisions of this Agreement will not affect any other provision of this Agreement, which will remain in full force and
effect, nor will the invalidity, illegality, or unenforceability of a portion of any provision of this Agreement affect the balance of
such provision. In the event that any one or more of the provisions contained in this Agreement or any portion thereof shall for any reason
be held to be invalid, illegal, or unenforceable in any respect, this Agreement shall be reformed, construed, and enforced as if such
invalid, illegal, or unenforceable provision had never been contained herein.

 

Each party must pay its costs of entering into and negotiation
of this Agreement.

 

(Signature Page to Follow)

 

1048 Irvine Ave
• Suite 1004 • Newport Beach, CA• 92660 • [*****] • www.oceanstreetpartners.com

 

    6

     

    

 

IN WITNESS WHEREOF, the Parties hereto
have caused this Agreement to be executed by their duly authorized officers as of the date first noted above.

 

	GELTEQ PTY LTD	 	 
	 	 	 
	 	 	DATE 24/3/22
	/S/
    NATHAN GIVONI	 	 
	BY: 	NATHAN GIVONI	 	 
	ITS:	CEO & BOARD DIRECTOR	 	 
	(I acknowledge that I have the authority to bind the corporation)	 	 
	 	 	 
	OCEAN STREET PARTNERS, INC.	 	 
	 	 	DATE 24/3/22
	/S/
    Authorized Signatory	 	 
	BY:	Authorized Signatory	 	 
	ITS:	PRESIDENT	 	 
	(I acknowledge that I have the authority to bind the corporation)	 	 

 

1048 Irvine Ave •
Suite 1004 • Newport Beach, CA• 92660 • [*****]• www.oceanstreetpartners.com

 

    7

     

    

 

 

 

EXHIBIT
A 

 

COMPENSATION

	Item No	Item	Description
	1.	Date of Agreement	24 March 2022
	2.	Company details	Company name	Gelteq Pty Ltd
	ACN	916 501 254
	Address	Level 7, 612-6161 St Kilda Road,

 Melbourne, VIC, 3004
	Contact	Nathan Givoni
	Email	[*****]
	3.	Contractor details	Company name	Ocean Street Partners Inc
	Company Number	[insert]
	Address	Suite 1004

 1048 Irvine Ave 

Newport Beach 

California USA 92660
	Phone	[*****]
	Email	[*****]
	4.	Representative details	Name 

Phone	[*****]

[*****]
	Email	[*****]
	5.	Commencement Date	12 January 2022

 

1048 Irvine Ave •
Suite 1004• Newport Beach, CA• 92660• [*****] • www.oceanstreetpartners.com

 

    8

     

    

 

 

 

	6.	Services	Pre IPO Services
	 	 	 
	 	 	(a) 	Assist the Company with the current SEC Form F-1.
	 	 	(b) 	Evaluate and assist in any potential joint venture and/or business
development candidates for the Company.
	 	 	(c) 	Interface, screen and potentially manage outside service providers
including, but not limited to, assisting CMA Investor and Media Relations on Company investor decks both pre and post IPO.

	 	 	(d) 	Advise
    with recommendations regarding corporate financing including the structuring, terms, and content of bank loans, institutional loans, private debt funding, mezzanine financing, and other equity or debt financing of a public and/or private nature and work with Company to assemble and organize due diligence materials for presentation to potential financing sources.
	 	 	(e) 	Introduce the Company to business development opportunities,
and capital sources to provide equity and/or debt financing.
	 	 	(f) 	Review and provide advice and/or assistance in the presentation,
design, style and functionality of the Company’s public communication materials, including the Company’s website and corporate presentations
from time to time at various industry and/or investment banking conferences and tradeshows for the purpose of raising the public awareness
of the Company and its properties.
	 	 	(g)	
    Assist with a NASDAQ IPO and listing with an estimated goal of a
    successful listing on or before May 31, 2022.
	 	 	 	 
	 	 	Post IPO Services
	 	 	 
	 	 	(a) 	Work with the Company on what services and compliance matters
will be required for the Company to comply with its obligations as a listed entity and assisting with such obligations.
	 	 	(b)	 Advice regarding the Company’s obligations as a NASDAQ
listed entity.
	 	 	(c)	 Advice regarding the regulations and standards and best
practice that the Company must adhere to as a NASDAQ listed entity.
	 	 	(d)	 Assist with any relevant policies and procedures required
by the Company to comply with its listing obligations.
	 	 	(e) 	Review the Company’s systems and process in particular with
regards to reporting obligations.
	 	 	(f)	 Provide the Company with advice on its reporting obligations.
	 	 	(g)	 Review and advise on the Company’s corporate governance
policies and procedures.
	 	 	(h)	 Advice on board composition and diversity and meeting requirements.
	 	 	 
	 	 	Anything
    to the contrary in this Agreement notwithstanding, the services to be rendered by Consultant shall not include any activities which
    could be deemed by the Securities and Exchange Commission to constitute activities requiring Consultant to be registered as a broker-dealer under the Securities Exchange Act of 1934, as amended.
	 	 	
	7.	Contract Fee	
    For the
    purposes of this Agreement, the Listing Date is achieved if the Company, with the assistance of Boustead Securities has listed on
    the NASDAQ exchange by 30 September 2022 and will be the date that the Company is listed on the NASDAQ. If the listing has not
    occurred by that date, or if this Agreement is terminated prior to the Listing Date then the Listing Date will not have been achieved.

 

1048 Irvine Ave • Suite
1004• Newport Beach, CA• 92660• [*****]• www.oceanstreetpartners.com

 

    9

     

    

 

 

 

	 	 	Retainer
	 	 	 
	 	 	In consideration of the Consultant providing the Services under this Agreement, the Company agrees to pay the Consultant a monthly retainer of US$15,000 (pro rata for any part months at the start or end of the term). This monthly retainer will accrue and is only payable from the Listing Date. The Consultant agrees that if the Listing Date is not achieved then it will waiver the retainer fee and no amount will be payable by the Company.
	 	 	 
	 	 	Shares
	 	 	 
	 	 	Upon execution of this Agreement by both parties: 143,360 Common Shares in the Company are to be issued to the Contractor.

                                                                                 

	 	 	If the Listing Date is
    not achieved, through no fault of the Company, by 30 September 2022 then the parties agree that the Contractor will, by 30 October
    2022, return the issued 143,360 shares earned upon signing of this Agreement to the Company for no consideration and will sign all
    documents and do all things necessary to give effect to such transfer immediately upon request of the Company. If however the
    Listing cannot occur through a direct fault of the Company be it through, an auditing factor, lack of proper management, lack of
    processes and procedures that the underwriter, auditor, legal counsel of the underwriter or the SEC, FINRA or NASDAQ deems lacking
    and thus a Listing is not feasible then the shares will be retained by the Contractor. provided that the Contractor is using its
    best efforts in assisting the Company to find alternative IPO solutions such as alternative funding and/or M&A solutions.
	 	 	
	 	 	Cash bonus 
	 	 	 
	 	 	The Company agrees to pay the Consultant the amount of US$82,500 within 5 business days of receipt by the Company of US$1,000,000 or pro rata amount thereof via a pre-IPO financing by Boustead Securities by 31 March 2022.
	 	 	 
	 	 	A further US$182,500 will also be paid within 10 days of the Company achieving the Listing Date.
	 	 	 
	 	 	Business development
	 	 	 
	 	 	Should any potential business development opportunities arise through contacts of Contractor, then the Company agrees to pay the Contractor the BD Fee provided that:
	 	 	 
	 	 	(c)	 the contact was not known to the Company at the time of the Contractor making an introduction;

 

1048 Irvine Ave • Suite 1004• Newport Beach, CA•
92660• [*****] • www.oceanstreetpartners.com

 

    10

     

    

 

 

 

	 	 	(d) 	if prior to the Company’s IPO: a executed business opportunity to the Company exceeds US$500,000
in sales revenue is executed after the date of this Agreement;.
	 	 	(e)	 if after the Company’s IPO: the business opportunity to the Company exceeds US$1,000,000;
	 	 	(f)	 provided that there are no fees owed on that transaction to any third party including Boustead Securities.
	 	 	 	 
	 	 	The BD Fee will be:
	 	 	 
	 	 	(g)	 if prior to the Company’s IPO: three quarters of one percent (0.75%) of the total number of Ordinary
Shares in the Company issued as at the time of execution of this Agreement; or
	 	 	(h) 	if after the Company’s IPO: three quarters of one percent (0.75%) of the total number of Ordinary
Shares in the Company as at the time of execution of this Agreement.
	 	 	 	 
	 	 	Reimbursement
	 	 	 
	 	 	The Company agrees to reimburse reasonable out of pocket expenses incurred by the Consultant that have been approved by the Company prior to being incurred.

 

1048 Irvine Ave •
Suite 1004• Newport Beach, CA• 92660• [*****]• www.oceanstreetpartners.com

 

 

11Exhibit
10.11

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AGREEMENT
FOR THE PROVISION OF OFFICE SPACE

 

 

 

 

 

Lifestyle Breakthrough Holdings U/T (ABN 46 830 176
403)

 

AND

 

Gelteq Pty Ltd (ABN 31 619 501 254)

 

 

 

 

 

 

 

 

 

     

     

    

 

This Agreement for the Provision of office space is made
on the 30th day of October 2021 between:

 

PARTIES

 

Lifestyle Breakthrough Holdings U/T (ABN 46 830 176 403)

(‘COMPANY’)

of 647 Glenhuntly Rd, Caulfield VIC 3162

 

AND

 

Gelteq Pty Ltd (ABN 31 619 501 254)

(‘CONSULTANT’)

of Level 7, 616 St Kilda Road, Melbourne 3004

 

RECITALS

 

		A.	Lifestyle Breakthrough operates healthcare practices throughout
Australia and has the right to occupy premises for the provision of health and food related services.

 

		B.	The Consultant wishes access to an Office Space at the Premises
for the purpose of conducting its business.

 

		C.	Lifestyle Breakthrough and the Consultant have agreed to
the terms contained in this agreement.

 

OPERATIVE CLAUSES

 

		1.	DEFINITIONS

 

		1.1	Definitions

 

In this agreement

 

Commencement Date means 1st
November 2021;

 

Confidential Information means
all information of a party that is not available in the public domain (including any information that is in the public domain as a result
of a release of that information by a party to this agreement given that information by the other party) and includes all documents, papers,
notes, memoranda, computer discs, digitally stored information, email communications, plans, invoices, files and patient files and records
but does not include information in the public domain other than as a result of a party wrongly disclosing that information to a third
party.

 

Office Space means open
plan space at the Premises which can be fitted out with any office equipment, use of board room, kitchen, receptionist and all staff amenities.
The space will also have access to printers, telephones, internet, bathrooms, shower, kitchen;

 

Expiry Date means 1st
November 2023.

 

Fee means $3000 a month;

 

GST means the goods and services
tax payable pursuant to the GST Act.

 

GST Act means the goods
and services tax implemented in Australia pursuant to the A New Tax System (Goods and Services Tax ACT 1999 (Cth)) and includes
all acts, regulations and subordinate legislation relating to that act together with any amendment or replacement.

 

Premises means the premises
situated at 641 Glenhuntly Rd, Caulfield VIC 3162 at which Lifestyle Breakthrough operates its healthcare business in part of the building;

 

     

     

    

 

		2.	TERM

 

		2.1	This Agreement commences on the Commencement Date and expires
on the Expiry Date unless terminated in accordance with clause 10.

 

		2.2	If the Consultant wishes to extend the term of this Agreement
then the Consultant should advise Lifestyle Breakthrough in writing of that wish at least 2 months before the Expiry Date. Upon receipt
of notification from the Consultant to extend the Term Lifestyle Breakthrough shall either agree to extend the term for a further 12
month period or advise the Consultant in writing within 14 days of receipt of the notice that the term will not be extended.

 

		3.	LIFESTYLE BREAKTHROUGH
                                            TO PROVIDE OFFICE SPACE TO THE CONSULTANT

 

		3.1	Lifestyle Breakthrough shall provide Office Space to the Consultant
in accordance with and subject to the terms of this Agreement.

 

		3.2	The Office Space will be provided by Lifestyle Breakthrough to
the Consultant during the hours of 7am to 9pm 7 days a week or as otherwise agreed in writing by the parties.

 

		4.	LIFESTYLE BREAKTHROUGH’s
                                            OTHER OBLIGATIONS

 

		4.1	Lifestyle Breakthrough shall have the following additional obligations
pursuant to this Agreement:-

 

		(a)	Maintaining public liability insurance in regard to the Premises
for an amount of not less than $5,000,000;

 

		(b)	Providing the Consultant with an orientation of the premises,
practice policy procedures and introduction to staff;

 

		(c)	Providing access to internet, phones, printers and staff
amenities.

 

    2

     

    

 

		5.	FEE

 

		5.1	Lifestyle Breakthrough shall render a tax invoice to the Consultant
on a monthly basis for the provision of the Office Space and fulfilment of its other obligations pursuant to this agreement.

 

		5.2	The Consultant shall pay Lifestyle Breakthrough’s invoices
within 7 days of receipt.

 

		5.3	The Consultant is eligible for 3 months Fee free period to commence
this agreement.

 

		5.4	Any furniture required by the Consultant to fit its space out
is required to be paid for by the Consultant.

 

		6.	GST

 

		6.1	The parties warrant that they are registered under the GST Act
and that they will remain registered during the Term or, if not now registered, that they will become registered before the Commencement
Date and remain registered during the Term.

 

		6.2	The Recipient must pay the amount of any GST payable in respect
of the taxable supply on the date on which payment for the taxable supply is due subject to receipt of a valid tax invoice.

 

		7.	CONSULTANT’S FURTHER
                                            OBLIGATIONS

 

		7.1	It is the Consultant’s responsibility to obtain an ABN and
to register for GST and the Consultant shall provide the ABN to Lifestyle Breakthrough prior to the Commencement Date.

 

		7.2	The Consultant shall comply with all industry codes of conduct.

 

		7.3	Whilst present at the Premises the Consultant may work collaboratively
with the staff of Lifestyle Breakthrough as required.

 

		7.4	The Consultant will communicate with the practice manager of the
medical practice at the Premises on a regular basis concerning availability, change to days, billing, prices or any other adjustments
required in line with the Consultant’s business as it is carried out at the Premises.

 

		7.5	The Consultant shall maintain Lifestyle Breakthrough’s patient
confidentiality and privacy should it come in to contact with any health related information.

 

		7.6	The Consultant shall participate in work health and safety activities
including fire and emergency drills and all of staff and/or clinical meetings as required.

 

    3

     

    

 

		8.	CONFIDENTIALITY

 

		8.1	Each party to this agreement shall only use the other party’s
Confidential Information for the purposes contemplated by this agreement.

 

		8.2	A party shall not disclose any confidential information to any
third party any of the other party’s Confidential Information unless contemplated by this agreement without first obtaining that
party’s written consent.

 

		8.3	Lifestyle Breakthrough and the Contractor shall at all times conduct
themselves in accordance with all applicable laws and including privacy laws.

 

		9.	USE OF INTERNET, EMAIL
                                            AND COMPUTER SYSTEMS

 

		9.1	The Consultant is to ensure that his or her activities do not in any way harass
or otherwise discriminate any other person working at the Premises.

 

		9.2	The Consultant undertakes to operate the internet,
email and computer systems provided to him or her by Lifestyle Breakthrough in a reasonable and lawful manner and in particular shall
not engage in any derogatory, offensive, racist, sexist or otherwise unlawful or inappropriate publications or viewing on the internet.
Lifestyle Breakthrough reserves the right to monitor the Consultant’s use of the internet, email and computer systems at the Premises
and the Office Space to the degree reasonably determined by Lifestyle Breakthrough. A breach of this
clause shall give Lifestyle Breakthrough the right to terminate this agreement.

 

		10.	TERMINATION

 

		10.1	Lifestyle Breakthrough may terminate this agreement if:-

 

		(a)	The Consultant breaches this agreement and fails to rectify
that breach within 7 days of being requested to do so; or

 

		(b)	The Consultant breaches this agreement and in the reasonable
opinion of Lifestyle Breakthrough the breach is incapable of remedy; or

 

		(c)	The Consultant, if he or she is an individual is declared
bankrupt or if the Consultant is a company an external administrator is appointed or the company otherwise becomes insolvent.

 

		(d)	The Consultant is convicted of a criminal offence which in
the reasonable opinion of Lifestyle Breakthrough means that the reputation of Lifestyle Breakthrough or the medical practice operated
from the Premises will be brought into disrepute.

 

		10.2	If this Agreement continues beyond the initial 12 month term then
Lifestyle Breakthrough may terminate the Agreement for convenience upon the provision of 2 months written notice to the Consultant.

 

    4

     

    

 

		10.3	The Consultant may terminate this agreement if:-

 

		(a)	Lifestyle Breakthrough breaches this agreement and fails
to rectify that breach within 7 days; or

 

		(b)	Lifestyle Breakthrough breaches this agreement and in the
reasonable opinion of the Consultant the breach is incapable of remedy; or

 

		(c)	Lifestyle Breakthrough has external administrators appointed
to manage its affairs.

 

		11.	DISPUTE RESOLUTION

 

		11.1	If a dispute occurs in regard to any matter between Lifestyle
Breakthrough and the Consultant arising out of this agreement then the parties will meet together within a reasonable time to try and
resolve this dispute. If the dispute cannot be resolved within 14 days then either party can arrange a mediator to settle the dispute.
No legal action will be undertaken, a mediator’s decision will be final.

 

		12.	GENERAL

 

		12.1	Notices

 

		(a)	Any notice or other communication to or by a party to this
agreement is regarded as being given by the sender and received by the addressee:

 

		(i)	if by delivery in person, when delivered to the addressee;

 

		(ii)	if by post, three (3) business days from and including the
date of postage; or

 

		(iii)	can be relied upon by the addressee and the addressee is not
liable to any other person for any consequences of that reliance if the addressee believes it to be genuine, correct and authorised by
the sender; and

 

		(iv)	if by email communication on the date stated in the communication.

 

		12.2	Prohibition,
                                            enforceability and severance

 

		(a)	Any provision of, or the application of any provision of,
this agreement which is prohibited in any jurisdiction is, in that jurisdiction, ineffective only to the extent of that prohibition.

 

		(b)	Any provision of, or the application of any provision of,
this agreement which is void, illegal or unenforceable in any jurisdiction does not affect the validity, legality or enforceability of
that provision in any other jurisdiction or of the remaining provisions in that or any other jurisdiction.

 

		(c)	If a clause is void, illegal or unenforceable, it may be
severed without affecting the enforceability of the other provisions in this agreement.

 

		12.3	Waiver

 

		(a)	The failure of either party at any time to require performance
by the other party of any provision of this agreement does not affect the party’s right to require the performance at any time.

 

		(b)	The waiver by either party of a breach of any provision must
not be held to be a waiver of any succeeding breach of the provision or a waiver of the provision itself.

 

    5

     

    

 

		12.4	Costs and duty

 

		(a)	Except as provided below, each party must pay its own costs
and expenses in respect of the negotiation, preparation, execution and delivery of this agreement.

 

		(b)	The Company must pay any stamp duty payable in respect of
the execution, delivery and performance of this agreement.

 

		12.5	Variation

 

A variation of any term of this agreement must be in writing
and signed by the parties.

 

		12.6	Entire agreement

 

This agreement embodies the entire
agreement between the parties with respect to the subject matter of this agreement.

 

		12.7	Governing law and jurisdiction

 

		(a)	This agreement is governed by the law in force in Victoria.

 

		12.8	Assignment and Sub Contracting

 

Lifestyle
Breakthrough may in its absolute discretion assign or otherwise subcontract any of its rights and obligations under this agreement.

 

		12.9	The Consultant may not without first obtaining the written consent
of Lifestyle Breakthrough assign or subcontract any of its rights or obligations under this agreement.

 

		12.10	Relationship

 

The parties
acknowledge that they engage with each other as independent contractors and nothing in this Agreement shall form the basis of an employment
or partnership or agency relationship.

 

    6

     

    

 

EXECUTED as an agreement:

 

EXECUTED for and on behalf
of

LIFESTYLE BREAKTHROUGH PTY
LTD (ABN 46 830 176 403)

by its duly authorised officer:

 

	/S/ Nathan Givoni	 
	Director (signature)	 
	 	 
	Nathan Givoni	 
	Director (print name)	 
	 	 
	SIGNED by Gelteq (ABN 31 619 501 254)

                    in
the presence of:

	 	 
	/S/ Simon
    Szewach	 
	Director (signature)	 
	 	 
	Nathan Givoni	 
	Director (print name)	 

 

 

 

7

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