Document:

Exhibit 10.3

 

PRODUCT
DEVELOPMENT AGREEMENT

 

THIS
PRODUCT DEVELOPMENT AGREEMENT (the “Agreement”) is made effective as of January 7, 2014 by and between Matrico Holdings,
Ltd., a Belize corporation located at Suite 701, Tung Hip Commercial Building, No. 244-248 Des Voeux Road Central, Hong Kong (the
“Company”), and Lifelogger Technologies Corp., a Nevada corporation located at 11380 Prosperity Farms Road, #221E,
Palm Beach Gardens, Florida 33410 (“Contractor”). For purposes hereof, the Company and Contractor may collectively
be referred to as the “Parties.”

 

BACKGROUND
INFORMATION

 

	A.	WHEREAS,
    the Company desires to contract with Contractor pursuant to the terms and conditions of this Agreement for certain product
    development services for a video recording device; and
	 	 
	B.	WHEREAS,
    Contractor desires to provide such product development services to the Company upon the terms and subject to the conditions
    of this Agreement.

 

PROVISIONS

 

NOW,
THEREFORE, in consideration of the foregoing, of the mutual promises herein contained, and of other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

 

	1.	Definitions.
	 	 
	1.1	“Acceptance”
    means the Company’s acceptance of the Deliverables ordered by the Company and provided by Contractor as specified in
    Section 2.3.
	 	 
	1.2	“Acceptance
    Test Period” means the length of time specified in a Schedule (if not specified, a period of no less than ninety (90)
    working days) during which the Acceptance Tests are performed by the Company.
	 	 
	1.3	“Acceptance
    Tests” mean the analysis and tests that must be successfully completed by Contractor related to the Deliverables during
    the Acceptance Test Period. These tests include analysis, tests, demonstrations, or samples included or referenced
    in the applicable Schedule or Specifications to determine whether the Products or Deliverables to be developed from the Services
    meet the Specifications.
	 	 
	1.4	“Confidentiality
    Agreement, Work for Hire Agreement, Certificate of Originality” means the form attached as Attachment 1.4. (REMOVED
    FROM DOCUMENT)
	 	 
	1.5	“Deliverables”
    means Delivery of the Deliverables specified in the applicable Schedule related to the Services. 
	 	 
	1.6	“Delivery”
    means Contractor’s obligation to provide the Services that strictly conform to the Specifications. Contractor
    completes     Delivery upon completing the Services and delivering the Products and Deliverables specified in the applicable
    Schedule. Notwithstanding     the above, Delivery shall not be deemed completed until the Services and Deliverables strictly
    conform to the Specifications.
	 	 
	1.7	“Developments”
    mean any idea, invention, process, design, concept, or useful article (whether the design is ornamental or otherwise), formula,
    documentation, study, test, literary work, audiovisual work and any other work of authorship, hereafter expressed, made or
    conceived in the scope of the Services or under this Agreement and solely or jointly by Contractor during Contractor’s engagement
    whether or not subject to patent, copyright or other forms of protection.
	 	 
	1.8	“List
    of Separate Works” means the items identified in Attachment 1.8.

 

    	-1-

    	 

    

  

	1.9	“Notice of Completion” means a
    written document provided by Supplier substantially in the form of Attachment 1.9. Contractor’s provision of the Notice
    of Completion is a representation and warranty that the Deliverables have been tested to ensure compliance and are in strict
    compliance with the Specifications. 
	 	 
	1.10	“Products” means a video recording device capable of being mounted onto the front windshield of a motor vehicle.  The device will be capable of continuously recording a video footage of the roads and surroundings while the vehicle is being operated and include the functionality and features as set forth in the Specifications.
	 	 
	1.11	“Schedule” or “Schedules” means a schedule to be attached to this Agreement for the purpose of specifying Deliverables and Services to be provided under this Agreement.
	 	 
	1.12	“Services” means all labor or
services provided in connection with this Agreement or an applicable Schedule required to develop the Deliverables in accordance
with the Specifications. 
	 	 
	1.13	“Specifications” mean the Company’s requirements, specifications and descriptions for development of the Products as set forth in Attachment 1.13.
	 	 
	2.	Scope of Services, Delivery, Performance, Acceptance and Changes. 
	 	 
	2.1	Contractor will provide the Company with the
    Services described in one or more Schedules. To become effective, all Schedules must be signed by authorized
    representatives of the Parties.  The Parties may use this Agreement for multiple Schedules to reflect additional
    services that may be provided by Contractor to the Company. The Company may engage any other person or entity to
    perform the Services with respect to any of the Deliverables. This Agreement is not intended to constitute an exclusive
    arrangement or any guarantee of a minimum amount of work in favor of Contractor.
	 	 
	2.2	Contractor shall provide the Company a Notice
    of Completion after Delivery. The Acceptance Test Period shall commence upon the Company’s receipt of: (i)
    Contractor’s Notice of Completion and (ii) the Deliverables. If the Deliverables do not meet the
    Specifications, the Company shall notify Contractor and provide Contractor an opportunity to cause such Deliverable to
    strictly comply with the Specifications. After any corrective action, Contractor shall provide a new Notice of
    Completion, and the Company shall have the right to start a new Acceptance Test Period. If the Deliverables successfully pass
    the Acceptance Tests during the Acceptance Test Period, the Company shall indicate its Acceptance by sending notice a thereof
    to Contractor. In no event shall the Company’s use of the Deliverables during the Acceptance Test Period
    constitute Acceptance, nor will Acceptance be deemed to occur prior to the date Contractor completes its
    Delivery.
	 	 
	3.	Fees for Services, Expenses and Payment.
	 	 
	3.1	The Company shall be responsible for all fees for the Services identified in the Schedules on the payment terms specified in the Schedules. In addition to fees for Services, the Company shall reimburse Contractor for all preapproved reasonable travel and lodging expenses incurred while performing the Services. 
	 	 
	4.	Representations,
Warranty and Indemnification.
	 	 
	4.1	Contractor represents and warrants to the Company, in addition to all warranties implied by law, that the Services and Deliverables shall: (a) be free from defects in design, workmanship and/or materials, including, without limitation, such defects as could create a hazard to life or property, (b) meet all applicable requirements of all applicable U.S. federal, state and local laws and regulations and of all applicable laws and regulations of jurisdictions outside the United States where the Company conducts business, (c) not infringe or encroach any third party’s personal, contractual or proprietary rights, including, without limitation, patent, trademark, copyright, rights of privacy or publicity or trade secrets, (d) are of the best quality and conform to the Specifications and to all samples shown to the Company and have been tested in accordance with the Specifications, and (e) be free and clear of all third party liens, claims and encumbrances of any kind.  Contractor also represents and warrants that all of Contractor’s subcontractors, if any, have adhered to the same standards applicable to Contractor under this Agreement.

  

    	-2-

    	 

    

 

	4.2	Contractor
    agrees to indemnify and hold harmless the Company and its subsidiaries, directors, officers, employees, representatives and
    agents (collectively, the “the Company Indemnitees”) from and against all liabilities, obligations, losses, damages,
    penalties, expenses, interest, claims, actions, suits, investigations, proceedings, judgments, orders, or injuries (including
    death to any person or damage to property) of whatever nature, and including court costs and attorneys’ fees and disbursements,
    whether suit is instituted or not, and, if instituted, whether at any trial or appellate level and whether raised by the Company
    or a third party, imposed on, incurred by or asserted against the Company Indemnitees or any of them, arising out of, in connection
    with or based upon in whole or in part: (i) any act or omission by Contractor; and (ii) any breach of the obligations, representations,
    warranties or covenants of Contractor contained herein or provided by law.  It is the intent of the Parties that this
    indemnity apply regardless of whether or not such liability was caused in part by the Company’s own negligence or that
    of the other parties indemnified under this section, excluding only any liability arising from the sole negligence of the
    Company. Contractor agrees not to implead or bring any action against any Indemnified Party based on any claim
    by any person for personal injury or death that occurs in the course or scope of employment of such person by Contractor and
    relates to Contractor’s performance under this Agreement.  
	 	 
	4.3	The
    Company agrees to indemnify and hold harmless Contractor and its directors, officers, employees, representatives and agents
    (collectively, the “Contractor Indemnitees”) from and against all liabilities, obligations, losses, damages, penalties,
    interest, claims, actions, suits, investigations, proceedings, judgments, orders, or injuries (including death to any person
    or damage to property) of whatever nature, and including court costs and attorneys’ fees and disbursements, whether suit is
    instituted or not, and, if instituted, whether at any trial or appellate level and whether raised by Contractor or a third
    party, imposed on, incurred by or asserted against Contractor Indemnitees or any of them, arising out of, in connection with
    or based upon the performance or failure to perform by the Company and its employees, officers, directors, agents and representatives
    of the Company’s duties and obligations under or pursuant to this Agreement. 
	 	 
	4.4	The
    terms “indemnified party” and “indemnifying party” refer to the Company and Contractor as the case
    may be.  The indemnified party agrees to notify the indemnifying party in writing as soon as practicable of any
    circumstance, accident, claim or occurrence covered by the foregoing indemnity of which the indemnified party may have knowledge
    and to cooperate with the indemnifying party in the investigation and/or defense. The indemnification
    obligations of the parties shall survive the expiration or termination of this Agreement. With respect to claims
    for which indemnification is payable under this Agreement, such indemnification shall be paid by the indemnifying party on
    a current basis upon receipt of such vouchers and other supporting documentation as may reasonably be requested.  Indemnifying
    party shall promptly upon receiving notice of such claim, suit or proceeding, assume the defense of the indemnified parties
    at its sole cost, and (whether the indemnifying party assumes such defense or for any reason fails or refuses to assume such
    defense) the indemnifying party shall pay any and all sums which any indemnified party becomes legally obligated to pay as
    a result of such claim, suit or proceeding.  If a material conflict of interest arises with respect to the representation
    of both the indemnified party and the indemnifying party by the indemnifying parties counsel, the indemnifying party shall
    also pay the reasonable fees of defense counsel retained directly and solely by the indemnified party. The indemnified
    party agrees to cooperate with the indemnifying party in the defense or settlement of such claim, suit or proceeding, provided
    that indemnifying party shall obtain the indemnified party’s prior written consent to any compromise, settlement or
    consent judgment which affects the Company’s rights or interests. The indemnifying party further agrees to
    pay the reasonable costs and attorney’s fees of any indemnified party to the extent necessary to enforce such indemnified
    party’s rights under this Agreement.  

 

    	-3-

    	 

    

 

	5.	Ownership
    of the Company Marks, Special Features and Developments.  
	 	 
	5.1	Contractor
    acknowledges and agrees that all right, title and interest in and to any trade name, trademark and service mark conceived
    or used by the Company, including any logotypes, designs and trade dress, and applications and registrations related thereto
    anywhere     in the world except for Hong Kong, as well as any slogans, tag lines, ad themes and creative works in any media
    (collectively     the “Company Indicia”), including any tool, die, pattern, artwork or equipment, formulas,
    designs, patents, trade     names, trademarks, service marks or trade dress which are supplied by the Company or which are
    distinctive of the Company’s     private label or licensed label products everywhere in the world except for Hong Kong
    (“Special Features”) are     the sole and exclusive property of the Company or its licensor. The Company Indicia
    and Special Features shall     be used by Contractor only for the Company pursuant to the terms of this Agreement. 
	 	 
	5.2	Invention
    Assignment.  

 

	 	(a)	Contractor
    hereby grants, transfers and assigns to the Company all of Contractor’s rights, title and interest, if any, in any and
    all Developments, including rights to translation and reproductions in all forms or formats and the copyrights and patent
    rights thereto, if any, and Contractor agrees that the Company may copyright or patent said materials in the Company’s name
    and secure renewal, reissues and extensions of such copyrights or patents for such periods of time as the law may permit.  
	 	 	 
	 	(b)	Contractor
    agrees that all Services (and all resulting work products and derivative works including, but not limited to the Deliverables
    and modifications to the Special Features) performed hereunder shall be work-for-hire for the benefit of the Company.
	 	 	 
	 	(c)	Contractor
    acknowledges that the copyrights in Developments created by Contractor belong to the Company by operation of law, or may belong
    to a party engaged by the Company by operation of law pursuant to a works for hire contract between the Company and such contracted
    party. To the extent the copyrights in such works may not be owned by the Company or such contracted party by operation
    of law, Contractor hereby assigns to the Company or such contracted party, as the case may be, all copyrights (if any) Contractor
    may have in Developments.
	 	 	 
	 	(d)	Items
    not assigned by this Section must be listed and described in the List of Separate Works. Contractor agrees not
    to include any part of such items in the Deliverables unless and until such items are licensed or assigned to the Company
    under separate written agreement.
	 	 	 
	 	(e)	At
    all times hereafter, Contractor agrees promptly to disclose to the Company all Developments, to execute separate written
    assignments     to the Company at the Company’s request, and to assist the Company in obtaining patents or copyrights
    in the U.S. and in other     countries, on any Developments assigned to the Company that the Company, in its sole discretion,
    seeks to patent or copyright. Contractor     also agrees to sign all documents, and do all things necessary to obtain such
    patents or copyrights, to further assign them     to the Company, and to reasonably protect them and the Company against
    infringement by other parties at the Company expense     with the Company prior approval.
	 	 	 
	 	(f)	Contractor
    shall keep complete, accurate, and authentic information and records on all Developments in the manner and form reasonably
    requested by the Company. Such information and records, and all copies thereof, shall be the property of the Company
    as to any Developments assigned to the Company. Contractor agrees to promptly surrender such information and records
    at the request of the Company as to any Developments.

 

    	-4-

    	 

    

  

	6.	Non-Solicitation
    of the Company Employees, Protection of Trade Secrets.
	 	 
	6.1	To
    protect the Company’s “Confidential Information” as hereinafter defined,  and its relationships with
    its employees, Contractor will not, during the term of this Agreement and for six (6) months immediately following its termination
    (or expiration, if applicable), either as an individual on Contractor’s own account or as a partner, employee, agent,
    contractor, officer, director, stockholder, or otherwise:

 

	 	(a)	Hire,
    solicit for hire, refer, or retain the services of any the Company employee for any matter whatsoever during the period of
    time which said employee is employed by the Company and for six (6) months thereafter; or
	 	 	 
	 	(b)	Engage
    in, consult with, or accept employment from any business in current or prospective competition with the Company where such
    engagement, consultation, or employment is likely to require Contractor to use or disclose Confidential Information.

 

	6.2	Confidentiality.
    Contractor     acknowledges that as a result of the performance of the Services, it will have knowledge of, and access to,
    proprietary and     confidential information of the Company, including, without limitation, the terms of this Agreement,
    prices charged and paid     by the Company, customers and suppliers, the Special Features, the Deliverables, its components
    and packaging, processes,     formulae, ideas, concepts, technical or manufacturing know-how, trade secrets, operational
    methods, marketing strategies,     product development techniques, plans, cost information (collectively, the
    “Confidential Information”); and that     the Confidential Information constitutes valuable, special and unique
    assets of the Company developed or acquired at great     expense and which are the exclusive property of the Company.
    Contractor agrees that it will: (i) keep strictly     confidential the Confidential Information and not reveal, report,
    publish, transfer or otherwise disclose any such information     to any person without the prior written consent of the
    Company, except for responsible officers or employees who are in a     contractual or fiduciary relationship with the Company
    and have a need to know such information for purposes of performing     the Services and are aware of the confidential nature
    of such information and agree to be bound by this provision, (ii) not     use or attempt to use, or permit its employees and
    representatives to use, the Confidential Information other than for the     purposes contemplated in this Agreement or in any
    manner which may injure or cause loss, directly or indirectly, to the Company,     including, without limitation, developing
    products for others, (iii) immediately upon request by the Company at any time in     its sole discretion, return or destroy,
    at the Company’s option, all Confidential Information and writings based thereon,     including without limitation
    electronic copies thereof. Contractor agrees that it shall be liable for any breach of this provision     by its employees,
    agents or representatives and (iv) have each employee or contractor of Contractor who provides any services     under this
    Agreement to the Company sign the Company’s standard Confidentiality Agreement, Work for Hire Agreement or     any
    other forms reasonably requested by the Company. All such forms must signed prior to the performance of any     work by such
    individual. The Company may withhold payment on any amounts billed for individuals who have not signed     the
    Company’s required forms.
	 	 
	7.	Term
    and Termination of the Agreement.
	 	 
	7.1	The
    term of this Agreement shall commence as of the Agreement Date and shall remain in effect until fifteen (15) days following
    the date that the Company gives Contractor written notice of termination. In the event of a breach of this Agreement by either
    Party, which is not cured within five (5) days of its receipt of written notice thereof, this Agreement shall be immediately
    terminated.
	 	 
	7.2	In
    the event of the termination or expiration of this Agreement, the following provisions shall apply:

 

	 	(a)	Unless
    otherwise agreed upon in writing by the Parties, Contractor shall cease performing Services and shall submit an invoice for
    any amounts which may be due Contractor under this Agreement as of the date of termination;
	 	 	 
	 	(b)	Contractor
    shall deliver to the Company all Developments, Confidential Information and materials, including those materials referred
    to in Sections 5 and 6 of this Agreement, together with all copies thereof, in Contractor’s possession or under Contractor’s
    control and to certify in writing to the Company that all of such materials have so been returned; and
	 	 	 
	 	(c)	The
    Parties agree to cooperate fully and to provide promptly all information necessary or useful relating hereto.

 

	7.3	The
    duties and obligation of Sections 4, 5, 6, 7, and 8 of this Agreement shall survive the termination of this Agreement.  

 

    	-5-

    	 

    

 

	8.	Miscellaneous.
	 	 
	8.1	Status
    of Contractor. In performing the Services, nothing in this Agreement shall be construed to create the relationship
    of employer-employee, principal-agent or master-servant, either expressed or implied. Further, the relationship between the
    Parties is that of contract, Contractor being an independent contractor, free from interference or control by the Company
    in the performance of Services, subject only to the terms of this Agreement. Neither the Company nor Contractor has the authority
    to bind or incur any obligation for the other, and each agrees that Contractor will not hold itself out to any third party
    as having, or act toward any third party in any manner which would suggest that they have, any such authority. 
	 	 
	8.2	Taxes,
    Insurance and Compliance With Laws. Contractor acknowledges that, as an independent contractor, Contractor
    is not covered by the Company’s workers’ or unemployment compensation insurance. Additionally, Contractor agrees that no withholding
    will be made by the Company for any Federal, state, local, Social Security, Medicare or other taxes (for any governmental
    or other agency) from any amounts paid to Contractor by the Company under this Agreement. Contractor further agrees to be
    solely and personally responsible for the payment of all such taxes from the compensation or other remuneration paid Contractor
    under this Agreement. In performing its duties under this Agreement, Contractor will comply with the Immigration
    Reform and Control Act of 1986, as amended.  
	 	 
	8.3	All
    communications between the Parties with respect to any of the provisions of this Agreement shall be in writing, and shall
    be sent by personal delivery or by airmail, facsimile transmission or other commercial means of rapid delivery, postage or
    costs of transmission and delivery prepaid, to Contractor as set forth in the preamble of this Agreement, or to the Company
    (attention the Company Contact Person with a copy to Legal Department), until such time as either Party provides the other
    not less than ten (10) days’ prior written notice of a change of address in accordance with these provisions.
	 	 
	8.4	This
    Agreement is based on the professional services of Contractor. No Services or rights or obligations associated therewith may
    be assigned or transferred by Contractor without the prior written consent of the Company. Any attempt by Contractor to assign
    or transfer any of the rights, duties, or obligations of this Agreement without the Company’s written consent is void.
	 	 
	8.5	Contractor
    understands and agrees that the Company may suffer irreparable harm in the event that Contractor breaches any of Contractor’s
    obligations under this Agreement. Accordingly, Contractor agrees that, in the event of said breach, the Company,
    in addition to any other rights, remedies or damages available to it at law or in equity, the Company may be entitled to a
    temporary restraining order, preliminary injunction and permanent injunction in order to prevent or to restrain any such breach
    by Contractor and Contractor agrees to waive any requirement for a bond relating thereto.  
	 	 
	8.6	Contractor
    represents that Contractor’s performance of all the terms of this Agreement and any Services to be rendered as an independent
    contractor of the Company do not and shall not breach any fiduciary or other duty or any covenant, agreement or understanding
    (including, without limitation, any agreement relating to any proprietary information, knowledge or data acquired by Contractor
    in confidence, trust or otherwise prior to its performing consulting services for the Company) to which Contractor is a party
    or by the terms of which Contractor may be bound. Contractor covenants and agrees that Contractor shall not disclose
    to the Company, or induce the Company to use, any such proprietary information, knowledge or data belonging to any previous
    employer, contractor or others. Contractor further covenants and agrees not to enter into any agreement or understanding,
    either written or oral, in conflict with the provisions of this Agreement.
	 	 
	8.7	This
    Agreement shall be interpreted and enforced in accordance with the laws of the State of Florida. Each of the parties submits
    to the jurisdiction of any state or federal court sitting in Palm Beach County, Florida in any action or proceeding arising
    out of or relating to this Agreement and agrees that all claims in respect of the action or proceeding may be heard and determined
    by any such court. Each party also agrees not to bring any action or proceeding arising out of or relating to this Agreement
    in any other court. Each of the parties waives any defense of inconvenient forum to the maintenance of any action or proceeding
    so brought and waives any bond, surety, or other security that might be required of any other party with respect thereto.
    Contractor agrees and consents to venue in Palm Beach County, Florida and to the in personam jurisdiction of the aforementioned
    courts. 

 

    	-6-

    	 

    

 

	8.8	This
    Agreement and the agreements referenced herein represent the sole and entire agreement between the parties and supersedes
    any and all prior agreements, negotiations, and discussions between the parties or their respective counsel with respect to
    the subject matters covered in this Agreement.
	 	 
	8.9	If
    either party initiates proceedings for the other’s breach of this Agreement, the prevailing party shall recover attorneys’
    fees and costs, including such fees and costs on any enforcement or appeal proceedings.
	 	 
	8.10	This
    Agreement may be executed in two counterparts, each of which shall constitute an original, but all of which together shall
    constitute one and the same document.
	 	 
	8.11	Severability.
    Every     provision of the Agreement is intended to be severable. If any term or provision of the Agreement is declared to
    be illegal, invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction, the illegality,
    invalidity     or unenforceability shall not affect the validity of the remainder of the Agreement.  
	 	 
	8.12	Waivers.
    Except     as otherwise provided herein, no waiver of any of the provisions of the Agreement shall be valid or effective
    unless in writing     and signed by the parties hereto; and no waiver of any breach or condition of the Agreement shall be
    deemed to be a continuing     waiver or a waiver of any other breach or condition.  
	 	 
	IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed by their duly authorized representatives
    as of the Agreement Date first above written

 

	CONTRACTOR:
    Lifelogger Technologies Corp.	 	COMPANY:
    Matrico Holdings, Ltd.
	 	 	For
    and on behalf of Design Plus Co., Ltd.
	 	 	 
	 	 	By:	Freeman
    Directors Limited as Director
	 	 	 	 
	BY:	/s/
    Stewart Garner	 	BY:	
        /s/
        Freeman Directors Limited as Director

	 	 	 	 	 
	NAME:	Stewart
    Garner	 	NAME:	 
	 	 	 	 	 
	TITLE:	President	 	TITLE:	 

 

    	-7-

    	 

    

 

PRODUCT
DEVELOPMENT AGREEMENT

 

SCHEDULE
1

 

THIS
SCHEDULE 1 TO THE PRODUCT DEVELOPMENT AGREEMENT (“Schedule 1”) dated as of January 7, 2014 is a part of the attached
Product Development Agreement (“Development Agreement”) entered into between Matrico Holdings, Ltd., a Belize corporation
located at Suite 701, Tung Hip Commercial Building, No. 244-248 Des Voeux Road Central, Hong Kong (the “Company”),
and Lifelogger Technologies Corp., a Nevada corporation located at 11380 Prosperity Farms Road, #221E, Palm Beach Gardens, Florida
33410 (“Contractor”). In the event of any conflicts between the provisions of this Schedule 1 and the Development
Agreement, the provisions of this Schedule 1 shall control.

 

	1.	Services
    and Fees. Contractor shall provide the following Services:

 

	Description of Services	 	Fees	 
	Develop a conceptual design for a prototype wearable video recording device including changes to the conceptual design as requested by the Company.	 	$	150,000.00	 

 

	2.	Deliverables.
    In     connection with the Services, Contractor shall provide to the Company the following Deliverables:

 

	 	(a)	Conceptual
    Design: A conceptual design for a prototype wearable video recording device capable of being worn on a person’s head.
    The     device will be capable of continuously recording video utilizing GPS, WIFI, 32GB, Bluetooth, Battery, with USB cable
    port.     Payment Terms.  The Company agrees to pay Contractor the Service Fees in this Schedule on the
    following terms:
	 	 	 
	 	(b)	$32,000.00
    upon execution of the Development Agreement;
	 	 	 
	 	(c)	$58,000
    upon delivery of PCB Design and 3D design.; (March 2014)
	 	 	 
	 	(d)	$60,000
    upon the Company’s Acceptance of PCB Design and 3D design; and 
	 	 	 
	 	(e)	Any
    other amounts that may become due hereunder shall be paid in accordance with the provisions of the Development Agreement.

 

IN
WITNESS WHEREOF, the Parties hereto have caused this Schedule 1 to be executed by their duly authorized representatives as of
the date set forth above.

 

	CONTRACTOR:
    Lifelogger Technologies Corp.	 	COMPANY:
    Matrico Holdings, Ltd.
	 	 	 	 	 
	BY:	/s/
    Stewart Garner	 	BY:	 
	 	 	 	 	 
	NAME:	Stewart
    Garner	 	NAME:	 
	 	 	 	 	 
	TITLE:	President	 	TITLE:	 

 

    	-8-

    	 

    

 

ATTACHMENT
NO.: 1.9

 

Form
of Contractor’s Notice of Completion

 

[__________],
Inc.

 

Contractor
hereby informs you that as of _______________________________, Contractor has completed Delivery as required under the Product
Development Agreement between ________________________ and [____________], Inc., dated ____________________, 200_,. Upon receipt
of this Notice, your Acceptance Test Period commences.

 

	Signed:		 	 
	 	 	 	 
	Title:	 	 	 

 

    	-9-

    	 

    

 

ATTACHMENT
1.8

 

List
of Separate Works

 

The
following are works that are not assigned by Section 5 of the Agreement, in which Contractor has any right, title or interest,
and which were conceived or written either wholly or in part by Contractor, prior to or outside the scope of Contractor’s
Services set forth in the Agreement.

 

DESCRIPTION:
(If none, enter the word “None”)

 

Indicate
any item listed above that has been published, registered as a copyright, or is or has been the subject of a patent application:

 

Indicate
the name of such organization or third party that also has rights in any of the listed items (such as former employers, partners,
etc.):

 

The
foregoing is complete and accurate to the best of Contractor’s knowledge.

 

	Contractor’s
    Signature:	 	 	Date:
    		 
	 	 	 	 	 	 
	Contractor’s
    Printed Name: 		 	 	 	 

 

    	-10-

    	 

    

 

ATTACHMENT
No.: 1.13

 

SPECIFICATIONS

 

The
Products and Deliverables developed under this Agreement shall:

 

	 	1.	GPS
	 	 	 
	 	2.	32
    GB SD card
	 	 	 
	 	3.	WiFI
	 	 	 
	 	4.	Bluetooth
	 	 	 
	 	5.	Gyroscope
	 	 	 
	 	6.	Accelerometer
	 	 	 
	 	7.	Magnetometer
	 	 	 
	 	8.	USB
    cable port
	 	 	 
	 	9.	720
    D and 30FPS

 

    	-11-Exhibit 10.4

 

ADDENDUM

TO 

PRODUCT DEVELOPMENT AGREEMENT

 

THIS ADDENDUM TO
PRODUCT DEVELOPMENT AGREEMENT (the “Addendum”) is made effective as of the June 1, 2014 by and between
Matrico Holdings, Ltd., a company located in Hong Kong (the “Company”) and Lifelogger Technologies Corp., a
Nevada corporation (“Contractor”); collectively referred to as the “Parties”.

 

Recitals:

 

A. The Parties hereto entered into a Product Development Agreement
dated as of January 7, 2014 (the “Product Development Agreement”).

 

B. The Parties desire to amend the Product Development
Agreement as set forth herein.

 

NOW, THEREFORE, in consideration
of the premises and the mutual covenants herein contained, the parties hereto agree as follows:

 

1. Defined Terms.
Unless otherwise indicated, capitalized terms used herein shall have the meanings ascribed to them in the Product Development
Agreement.

 

2. Amendment of
Product Development Agreement. The Parties hereby agree that Schedule 1 to the Product Development Agreement is hereby
amended to read, in its entirety, as set forth in the Amended Schedule 1 attached hereto and incorporated herein as Exhibit
“A”.

 

3. Other Provisions.
Except as otherwise expressly provided in this Addendum, the terms and provisions of the Product Development Agreement remain
in full force and effect.

 

4. Other Actions
Necessary. At the reasonable request of one of the Parties the other party shall execute any other documents or take any
other reasonable actions necessary to effectuate this Addendum.

 

IN WITNESS WHEREOF, the parties have executed
this Addendum to Product Development Agreement as of the day and year first above written.

 

	Matrico
    Holdings, Ltd.:	 	Lifelogger
    Technologies Corp.:
	 	 	 	 	 
	By:	For and on behalf
    of Design Plus Co., Ltd.	 	 	 
	 	 	 	 	 
	By:	/s/
    Freeman Directors Limited, as Director	 	By:
    	/s/
    Stewart Garner
	Name:	Freeman
    Directors Limited, as Director	 	Name:
    	Stewart
    Garner
			 	Title:
    	President

 

    	 

    	 

    

 

EXHIBIT “A”

TO

ADDENDUM TO PRODUCT DEVELOPMENT AGREEMENT

 

AMENDED SCHEDULE 1

 

This Amended Schedule 1 To The Addendum
To Product Development Agreement (“Schedule 1”) dated as of January 7, 2014 is a part of the attached Product Development
Agreement, as amended pursuant to this Addendum to Product Development Agreement (“Development Agreement”) entered
into between Matrico Holdings, Ltd. (the “Company”) and Lifelogger Technologies Corp. (“Contractor”) as
of June 1, 2014. In the event of any conflicts between the provisions of this Schedule 1 and the Development Agreement, the provisions
of this Schedule 1 shall control.

 

	1.	Services and Fees. Contractor shall provide the following Services:

 

	Description of Services	 	Fees	 
	Develop a conceptual design for a prototype wearable video recording device including changes to the conceptual design as requested by the Company. Requested changes include, but are not limited to, inclusion of a hardware stabilization upgraded OMAP processor chips, the addition of a WIFI chip and the addition of a GPS chip.	 	$	200,000	 

 

	2.	Deliverables. In connection with the Services, Contractor shall provide to the Company the
following Deliverables:

 

		(a)	Conceptual Design: A conceptual design for a prototype wearable video recording device capable
of being worn on a person’s head. The device will be capable of continuously recording video utilizing GPS, WIFI, 32GB, Bluetooth,
Battery, with USB cable port. Payment Terms. The Company agrees to pay Contractor the Service Fees in this Schedule on the
following terms:

 

		(b)	$13,000 upon execution of the Addendum, the receipt of which is hereby acknowledged;

 

		(c)	$17,000 upon delivery of PCB Design and 3D design, the receipt and completion of which is hereby
acknowledged

 

		(d)	Remainder of contract will be invoiced monthly.

 

		(e)	Any other amounts that may become due hereunder, including any changes or upgrades requested by
the Company shall be paid in accordance with the provisions of the Development Agreement.

 

IN WITNESS WHEREOF, the Parties hereto
have caused this Amended Schedule 1 to be executed by their duly authorized representatives as of the date set forth above.

 

	Matrico
    Holdings, Ltd.:	 	Lifelogger
    Technologies Corp.:
	 	 	 	 	 
	By:	For and on behalf
    of Design Plus Co., Ltd.	 	 	 
	 	 	 	 	 
	By:	/s/
    Freeman Directors Limited, as Director	 	By:
    	
	Name:	Freeman
    Directors Limited, as Director	 	Name:
    	Stewart
    Garner
			 	Title:
    	President

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