Document:

EX-10.25

 Exhibit 10.25 

First Supplement to the Long Term Agreement 

THIS FIRST SUPPLEMENT TO THE LONG TERM AGREEMENT (this “First Supplement”) is entered into as of this 20th day of October,
2020 by and between LG Chem, Ltd. (“LGC”) and ARRIVAL Elements B.V. (“Arrival”). LGC and Arrival are referred to collectively as the “Parties”. 

WITNESSETH: 
 WHEREAS, LGC and
Arrival are parties to the Product Manufacture and Supply Agreement, dated February 20, 2020 (the “MSA”), under which LGC manufactures and supplies to Arrival, and Arrival purchases from LGC, certain [*]1 lithium-ion battery cells (the “Products”); 

WHEREAS, LGC and Arrival are further parties to the Long Term Agreement, dated February 20, 2020 (the “LTA”), which sets forth volume,
pricing, and other commercial terms applicable to the Products for calendar years 2020 to 2022; and 
 WHEREAS, the Parties are hereby entering into
this First Supplement to memorialize in writing their understandings and agreements with respect to the purchase and supply of the Products for the calendar year 2021. 

NOW, THEREFORE, in consideration of the covenants contained herein, and intending to be legally bound hereby, the Parties agree as follows: 

 

	1.	 Scope. For the purposes of this First Supplement, the Products shall mean [*]. Arrival agrees to
purchase from LGC, and LGC agrees to manufacture, supply, and sell to Arrival the Products in accordance with the terms and conditions (including those on warranty) of the MSA and the LTA, as hereby supplemented. 

 

	2.	 2021 Volume Commitment and Price. Arrival agrees to purchase from LGC the Products in the places of
origin and quantities provided below for each quarter of the calendar year 2021: 

  

											
	  	  	Q1	  	Q2	  	Q3	  	Q4	  	Total
	
[*]
	  	[*]	  	[*]	  	[*]	  	[*]	  	[*]
	
[*]
	  	 	  	[*]	  	[*]	  	[*]	  	[*]
	
Total
	  	[*]	  	[*]	  	[*]	  	[*]	  	[*]

  

	 	a.	 The quarterly volume may be adjusted by mutual agreement of the Parties. In the event LGC fails to supply the
quarterly volume agreed by the Parties, LGC shall use its best efforts to deliver the quantity it failed to deliver in the following quarter by using all means available. 

 

	 	b.	 The applicable prices for the Products are as follows: [*]. 

 

	 	c.	 The permitted variance to the foregoing volume is an increase or decrease of [*]. Accordingly, subject to at
least five (5) months’ notice prior to the date of delivery, Seller agrees to provide the Products each quarter in the volumes ordered by Arrival up to [*] of the applicable quarterly volumes, and Arrival shall order the Products each
quarter in volumes equal to at least [*] of the applicable quarterly volumes, plus the volumes in any variance Arrival elects to purchase. 

  

 

	1 	 Certain portions of this exhibit have been redacted in accordance with Item 601(b)(10) of Regulation S-K. This information is not material and would likely cause competitive harm to the registrant if publicly disclosed. “[*]” indicates that information has been redacted. 

	3.	 Penalty. If Arrival fails to order the Products from LGC in a volume that is equal to [*] of the 2021
volume commitment as provided in Section 2 of this First Supplement, Arrival shall be deemed to be in default (the difference between [*] of the 2021 volume commitment and the actual volume of the Products ordered during the calendar year 2021
is the “Shortfall Volume”. In the event of any such Shortfall Volume, as LGC’s remedy, Arrival will pay an amount equal to [*] per Product for the Shortfall Volume not ordered. This penalty amount shall be paid in full by Arrival in
due course, but no later than March 31, 2022. 

  

	4.	 Ratification. Except as specifically supplemented by this First Supplement, the MSA and the LTA shall
remain in full force and effect in accordance with its terms and conditions and are hereby ratified and confirmed. 

  

	5.	 Conflict of Terms. In the event of any conflict or inconsistency between the terms of this First
Supplement and the terms of the LTA, the terms of this First Supplement shall prevail. 

 IN WITNESS WHEREOF, the Parties have
caused this First Supplement to be executed as of the date first written above. 
  

					
	LG Chem, Ltd.
		
	By:	 	 /s/ Jay Kim

		 	Name:	 	 Jay Kim

		 	Title:	 	 Department Leader, Marketing Department 3

IT & New Application Battery Division

  

					
	ARRIVAL Elements B.V.
		
	By:	 	 /s/ Tim Holbrow

		 	Name:	 	 Tim Holbrow

		 	Title:	 	 Director

  
 -2-Exhibit 10.1

 

DIRECTOR AGREEMENT

 

This DIRECTOR AGREEMENT is made as of August
28, 2020 (the “Agreement”), by and between Recruiter.com Group, Inc., a Nevada corporation (the “Company”),
and Deborah Leff, an individual with an address of (the “Director”).

 

WHEREAS, pending the approval of the Board
of Directors of the Company, the Company desires to enter into an agreement with the Director with respect to such appointment;
and

 

WHEREAS, the Director is willing to accept
such appointment and to serve the Company on the terms set forth herein and in accordance with the provisions of this Agreement.

 

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

 

1. Position.
Subject to the terms and provisions of this Agreement, the Company shall cause the Director to be appointed, and the Director hereby
agrees to serve the Company in such position, upon the terms and conditions hereinafter set forth, provided, however,
that the Director’s continued service on the Board of Directors of the Company (the “Board”) after the
next annual stockholders’ meeting shall be subject to approval by the Company’s stockholders.

 

2. Duties.

 

(a) During the Directorship
Term (as defined herein), the Director shall make reasonable business efforts to attend all Board meetings, serve on appropriate
subcommittees as reasonably requested by the Board, make himself available to the Company at mutually convenient times and places,
attend external meetings and presentations, as appropriate and convenient, and perform such duties, services and responsibilities,
and have the authority commensurate to such position(s).

 

(b) The Director will
use her best efforts to promote the interests of the Company. The Company recognizes that the Director (i) is or may become a full-time
executive employee of another entity and that her responsibilities to such entity must have priority and (ii) sits or may sit on
the board of directors of other entities. Notwithstanding the same, the Director will use reasonable business efforts to coordinate
her respective commitments so as to fulfill her obligations to the Company and, in any event, will fulfill her legal obligations
as a Director. Other than as set forth above, the Director will not, without the prior notification to the Board, engage in any
other business activity which could materially interfere with the performance of her duties, services and responsibilities hereunder
or which is in violation of the reasonable policies established from time to time by the Company, provided that the foregoing
shall in no way limit her activities on behalf of (i) any current employer and its affiliates or (ii) the board of directors of
any entities on which he currently sits. At such time as the Board receives such notification, the Board may require the resignation
of the Director if it determines that such business activity does in fact materially interfere with the performance of the Director’s
duties, services and responsibilities hereunder.

 

     

     

    

 

3. Compensation.

 

(a) Base Board of Director
Cash Stipend. The Director shall receive an annual cash stipend of Twenty Thousand Dollars ($20,000). Such amount shall be payable
in equal quarterly installments of $5,000 per quarter, as of the beginning of each quarter

 

(b) Stock Options. The
Director shall receive, upon execution of this Agreement, a non-qualified stock option to purchase up to fifty thousand (50,000)
shares of the Company’s common stock at an exercise price per share equal to $2.50. Such option shall be exercisable for
a period of 3 years. The option shall vest in equal amounts over a period of three years. Notwithstanding the foregoing, if the
Director ceases to be a member of Board at any time during the three-year vesting period for any reason (such as resignation, withdrawal,
death, disability or any other reason), then any un-vested options shall be irrefutably forfeited. Upon the occurrence of a Change
in Control, any un-vested options shall vest immediately, provided the Director serves on the Board as of the date of such Change
in Control. “Change in Control” shall mean any sale, conveyance, assignment or other transfer, directly or indirectly,
of any ownership interest of the Company, which results in any change in the identity of the individuals or entities in Control
of the Company. “Control” shall mean the possession, directly or indirectly, of the power to direct, or cause
the direction of, the management and policies of a person by contract, voting of securities, or otherwise.

 

(c) Independent Contractor.
The Director’s status during the Directorship Term shall be that of an independent contractor and not, for any purpose, that
of an employee or agent with authority to bind the Company in any respect. All payments and other consideration made or provided
to the Director under this Section 3 shall be made or provided without withholding or deduction of any kind, and the Director shall
assume sole responsibility for discharging all tax or other obligations associated therewith.

 

(d) Expense Reimbursements.
During the Directorship Term, the Company shall reimburse the Director for (i) all reasonable out-of-pocket expenses incurred by
the Director in attending any in-person meetings, provided that the Director complies with the generally applicable policies,
practices and procedures of the Company for submission of expense reports, receipts or similar documentation of such expenses,
and (ii) any costs associated with filings required to be made by the Director or any of the entities managed or controlled by
Director to report beneficial ownership or the acquisition or disposition of securities of the Company. Any reimbursements for
allocated expenses (as compared to out-of-pocket expenses of the Director) must be approved in advance by the Company.

 

4. Directorship
Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on the date hereof
and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur:

 

(a) the death of the Director;

 

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(b) the termination of
the Director from her membership on the Board by the mutual agreement of the Company and the Director;

 

(c) the removal of the
Director from the Board by the majority stockholders of the Company; and

 

(d) the resignation by
the Director from the Board.

 

5. Director’s
Representation and Acknowledgment. The Director represents to the Company that her execution and performance of this Agreement
shall not be in violation of any agreement or obligation (whether or not written) that he may have with or to any person or entity,
including without limitation, any prior or current employer. The Director hereby acknowledges and agrees that this Agreement (and
any other agreement or obligation referred to herein) shall be an obligation solely of the Company, and the Director shall have
no recourse whatsoever against any officer, director, employee, stockholder, representative or agent of the Company or any of their
respective affiliates with regard to this Agreement.

 

6. Director Covenants.

 

(a) Unauthorized Disclosure.
The Director agrees and understands that in the Director’s position with the Company, the Director has been and will be exposed
to and receive information relating to the confidential affairs of the Company, including, but not limited to, technical information,
business and marketing plans, strategies, customer information, other information concerning the Company’s products, services,
promotions, development, financing, expansion plans, business policies and practices, and other forms of information considered
by the Company to be confidential, and proprietary and in the nature of trade secrets. The Director agrees that during the Directorship
Term and thereafter, the Director will keep such information confidential and will not disclose such information, either directly
or indirectly, to any third person or entity without the prior written consent of the Company; provided, however,
that (i) the Director shall have no such obligation to the extent such information is or becomes publicly known or generally known
in the Company’s industry other than as a result of the Director’s breach of her obligations hereunder and (ii) the
Director may, after giving prior notice to the Company to the extent practicable under the circumstances, disclose such information
to the extent required by applicable laws or governmental regulations or judicial or regulatory process. This confidentiality covenant
has no temporal, geographical or territorial restriction. Upon termination of the Directorship Term, the Director will promptly
return to the Company and/or destroy at the Company’s direction all property, keys, notes, memoranda, writings, lists, files,
reports, customer lists, correspondence, tapes, disks, cards, surveys, maps, logs, machines, technical data, other product or document,
and any summary or compilation of the foregoing, in whatever form, including, without limitation, in electronic form, which has
been produced by, received by or otherwise submitted to the Director in the course or otherwise as a result of the Director’s
position with the Company during or prior to the Directorship Term, provided that the Company shall retain such materials
and make them available to the Director if requested by him in connection with any litigation against the Director under circumstances
in which (i) the Director demonstrates to the reasonable satisfaction of the Company that the materials are necessary to her defense
in the litigation and (ii) the confidentiality of the materials is preserved to the reasonable satisfaction of the Company.

 

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(b) Non-Solicitation.
During the Directorship Term and for a period of three (3) years thereafter, the Director shall not interfere with the Company’s
relationship with, or endeavor to entice away from the Company, any person who, on the date of the termination of the Directorship
Term and/or at any time during the one year period prior to the termination of the Directorship Term, was an employee or customer
(including those reasonably expected to be a customer) of the Company or otherwise had a material business relationship with the
Company.

 

(c) Remedies. The Director
agrees that any breach of the terms of this Section 6 would result in irreparable injury and damage to the Company for which the
Company would have no adequate remedy at law. The Director therefore also agrees that in the event of said breach or any threat
of breach, the Company shall be entitled to an immediate injunction and restraining order to prevent such breach and/or threatened
breach and/or continued breach by the Director and/or any and all entities acting for and/or with the Director, without having
to prove damages or paying a bond, in addition to any other remedies to which the Company may be entitled at law or in equity.
The terms of this paragraph shall not prevent the Company from pursuing any other available remedies for any breach or threatened
breach hereof, including, but not limited to, the recovery of damages from the Director. The Director acknowledges that the Company
would not have entered into this Agreement had the Director not agreed to the provisions of this Section 6.

 

(d) The provisions of
this Section 6 shall survive any termination of the Directorship Term, and the existence of any claim or cause of action by the
Director against the Company, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement
by the Company of the covenants and agreements of this Section 6.

 

7. Indemnification.
The Company agrees to indemnify the Director for her activities as a member of the Board as set forth in the Director and Officer
Indemnification Agreement attached hereto as Exhibit A.

 

8. Non-Waiver of
Rights. The failure to enforce at any time the provisions of this Agreement or to require at any time performance by the other
party hereto of any of the provisions hereof shall in no way be construed to be a waiver of such provisions or to affect either
the validity of this Agreement or any part hereof, or the right of either party hereto to enforce each and every provision in accordance
with its terms. No waiver by either party hereto of any breach by the other party hereto of any provision of this Agreement to
be performed by such other party shall be deemed a waiver of similar or dissimilar provisions at that time or at any prior or subsequent
time.

 

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9. Notices.
Every notice relating to this Agreement shall be in writing and shall be given by personal delivery, overnight delivery or by registered
or certified mail, postage prepaid, return receipt requested; to:

 

If to the Company:

 

Recruter.com Group, Inc.

100 Waugh Dr. Suite 300

Houston, Texas 77007

Attn: Evan Sohn, Chief Executive
Officer

Telephone: (855) 931-1500

Email: evan@recruiter.com

 

with a copy (which
shall not constitute notice) to:

 

Lucosky Brookman
LLP

101 Wood
Avenue South

Woodbridge,
New Jersey 08830

Attn: Joseph M. Lucosky, Esq.

Email: jlucosky@lucbro.com

 

If to the Director:

 

Either of the parties hereto may change
their address for purposes of notice hereunder by giving notice in writing to such other party pursuant to this Section 9.

 

10. Binding Effect/Assignment.
This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, executors, personal
representatives, estates, successors (including, without limitation, by way of merger) and assigns, as applicable. Notwithstanding
the provisions of the immediately preceding sentence, neither the Director nor the Company shall assign all or any portion of this
Agreement without the prior written consent of the other party.

 

11. Entire Agreement.
This Agreement (together with the other agreements referred to herein) sets forth the entire understanding of the parties hereto
with respect to the subject matter hereof and supersedes all prior agreements, written or oral, between them as to such subject
matter.

 

12. Severability.
If any provision of this Agreement, or any application thereof to any circumstances, is invalid, in whole or in part, such provision
or application shall to that extent be severable and shall not affect other provisions or applications of this Agreement.

 

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13. Governing Law.
This Agreement and the legal relations among the parties shall be governed by, and construed and enforced in accordance with, the
laws of the State of Nevada, without regard to its conflict of laws rules. The parties hereto hereby irrevocably and unconditionally
(i) agree that any action or proceeding arising out of or in connection with this Agreement shall be brought in any court of the
State of Nevada (the “Nevada Court”), and not in any other state or federal court in the United States of America
or any court in any other country, (ii) consent to submit to the exclusive jurisdiction of the Nevada Court for purposes of any
action or proceeding arising out of or in connection with this Agreement, (iii) waive any objection to the laying of venue of any
such action or proceeding in the Nevada Court, and (v) waive, and agree not to plead or to make, any claim that any such action
or proceeding brought in the Nevada Court has been brought in an improper or inconvenient forum.

 

14. Legal Fees.
The parties hereto agree that the non-prevailing party in any dispute, claim, action or proceeding between the parties hereto arising
out of or relating to the terms and conditions of this Agreement or any provision thereof (a “Dispute”), shall
reimburse the prevailing party for reasonable attorney’s fees and expenses incurred by the prevailing party in connection
with such Dispute; provided, however, that the Director shall only be required to reimburse the Company for its fees
and expenses incurred in connection with a Dispute if the Director’s position in such Dispute was found by the court, arbitrator
or other person or entity presiding over such Dispute to be frivolous or advanced not in good faith.

 

15. Modifications.
Neither this Agreement nor any provision hereof may be modified, altered, amended or waived except by an instrument in writing
duly signed by the party to be charged.

 

16. Tense and Headings.
Whenever any words used herein are in the singular form, they shall be construed as though they were also used in the plural form
in all cases where they would so apply. The headings contained herein are solely for the purposes of reference, are not part of
this Agreement and shall not in any way affect the meaning or interpretation of this Agreement.

 

17. Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original but all of which together
shall constitute one and the same instrument.

 

[-Signature Page Follows-]

 

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IN WITNESS WHEREOF,
the Company has caused this Director Agreement to be executed by authority of its Board of Directors, and the Director has hereunto
set her hand, on the day and year first above written.

 

	RECRUITER. COM GROUP, INC.	 
	 	 	 
	By:	/s/ Evan Sohn	 
	 	Evan Sohn	 
	 	Chief Executive Officer	 

 

	DIRECTOR	 
	 	 
	/s/ Deborah Leff	 
	Deborah Leff, an individual	 

 

[Exhibit A to Director Agreement]

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