Document:

EXHIBIT
10.21 

SALES
AND MARKETING AGREEMENT

THIS SALES AND
MARKETING AGREEMENT (“Agreement”) is entered into on the date written below by and between SQL Lighting & Fans,
LLC, 500 Sun Valley Drive, Roswell, Georgia 30076 (the “Company”). and “Design Solutions International, Inc.
and its affiliates and associated companies, successors or assigns (“DSI”) 7900 N. University Drive, Suite 202, Fort
Lauderdale, Florida 33321 (“DSI”), (together, the “parties”). In consideration of the mutual promises set
forth below, the Parties agree as follows:

1.     
Appointment & Products: Vendor or Record.

1.1        
For and during the term of this Agreement, Company hereby appoints DSI as its exclusive Sales and Marketing
Representative for the sale and marketing of all Company products and goods in the United States and Canada, including all those
products bearing the Company’s GE licensed “Mark”.

1.2        
For and during the term of this Agreement and as a material inducement to DSI entering this Agreement, Company will
be at all times the vendor of record at all accounts. Company understands and agrees that it is solely responsible for all payments
to factories. Company represents and warrants that at all times it:

1.2.1            
Will have in place adequate financing to fulfill its responsibilities, duties and fiduciary obligations to DSI, any
third-party retailer covered by this Agreement and/or any factory involved in producing any Company product.

1.2.2            
Will only produce products at factories that are fully qualified and accepted by any third-party retailer covered
by this Agreement and for whom Company Is fulfilling orders.

1.2.3            
Will provide copies to DSI and have in place all third-party retailer specified and required insurance.

1.2.4            
Will ensure that all Company products sold under this Agreement will pass all quality assurance and/or Inspections
by any third-party retailer covered by this Agreement.

2.     
Term. The initial term of this Agreement shall be twelve (12) months from the date hereof terminable on sixty
(60) day notice, and shall thereafter automatically renew each year for an additional one year term until such time as either DSI
or Company has given the other at least sixty (60) days prior written notice not to renew.

3.     
Factories. The Company agrees that during the period of this Agreement, and for two (2) years thereafter,
it will not contract with any factory, entity or organization for the production of any products, goods or services to whom DSI
introduced Company. In the event Company breaches this provision, DSI shall be entitled to compensation on the sale of any such
products on the terms set forth in this Agreement, without waiver of any other right DSI may have to enforce the terms herein.

4.     
Representations. DSI shall make no warranties or representations concerning Company's products including,
but not limited to representations regarding price, terms of payment, conditions of sale and/or warranties except those Company
authorizes. Company acknowledges and agrees that it bears sole responsibility for and will fully indemnify and hold DSI harmless
from any and all claims, damages, costs, expenses (including expert witness and attorneys’ fees), suits, losses or liability
for any injury or damage (of any type) caused by, or arising from or connected with any products and/or warranty claims relating
to any products. Company will also indemnify and hold any third-party retailer and/or factory producing the products harmless in
connection with any claim arising from the product regardless whether such claim is based on a rule, regulation or statute or based
on a contract theory or a tort theory (including intentional torts, negligence, or products liability).

    	 

    	 

    

Sales Representative Agreement

SQL & DSI

 

 

5.     
Prices and Terms. During the term of this Agreement, DSI will use its best efforts to secure orders for Company’s
products. All Orders DSI submits or Company receives are subject to Company’s good faith acceptance.

6.     
Commissions & Payment.

6.1        
DSI's commission on all U.S. and Canadian Sales (except Home Depot) is Five (5) percent. The commission for sourcing
and managing production in Asia will be three (3) percent for fans and five (5) percent for all other products. Company will pay
DSI commissions based on the net sales of the Company's products at the same time Company pays the factory. Company will pay DSI
commissions on all sales, which result in firm orders and/or sales contracts signed during the term of this Agreement and/or sales
made within a one year period of the termination of this Agreement for any reason.

6.2        
All DSI commissions and other payments shall be payable and remitted by Company when the Company pays the factory
for the goods. All remittances of commissions and other payments shall be made in United States Dollars. Commission payments
not paid on time shall accrue interest at the maximum rate allowable by law. If there is a recall on any product that is solely
the fault of DSI, commission will be reimbursed for those items.

7.     
Samples. Company shall furnish DSI any and all samples to be used in the performance of this Agreement. Company
shall pay all costs and expenses associated with providing product samples, including taxes, customs, and/or duties. Company agrees
and acknowledges that samples are a cost of doing business and will not be returned unless special provisions are made, in a writing
acknowledged by DSI, prior to shipment. Any samples subject to special provision will be returned at Company’s sole expense
including, but not limited to, all freight. DSI will only request samples either necessary or requested by the buyer, or as may
be mutually agreed upon as an evaluation sample.

8.     
Miscellaneous:

8.1        
English: For the purposes of communication, this Agreement may be translated into another language, but this Agreement,
which is executed in the English language, shall be the only binding version.

8.2        
Merger and Integration Clause: The provisions hereof constitute the entire agreement between the parties with respect
to the subject matter hereof and supersede any prior written or oral understanding. This Agreement may only be amended or modified
by an instrument in writing signed by both parties hereto.

    	2

    	 

    

Sales Representative Agreement

SQL &
DSI

 

8.3        
Governing Law & Venue: This Agreement shall be governed by the laws of the State of Florida, without regard to
any conflict or choice of laws principles. Any action brought in connection with, relating to or under this Agreement shall be
brought exclusively in the courts located Broward County, Florida.

8.4        
Counterparts. This agreement may be executed in any number of counterparts, each of which shall be an original, but
all of which together shall constitute one instrument.

8.5        
Attorneys’ Fees. In the event that any dispute among the parties to this agreement results in litigation, the
prevailing party in such dispute shall be entitled to recover from the losing party its reasonable costs, expenses of accountants
or experts, and attorneys’ fees up through and including any appellate proceeding.

IN WITNESS WHEREOF
the undersigned intending to be bound have executed this Agreement as of the day and year written below.

 

		DESIGN SOLUTIONS
	SQL LIGHTING & FANS, LLC	INTERNATIONAL, INC.
	 	 	 	 	 
	By: 	/s/ Rani Kohen	 	By: 	/s/ Michael Perillo	 
	Name: 	Rani Kohen	 	Name: 	Michael Perillo	 
	Title: 	CEO	 	Title: 	CEO	 
	Date: 	7/16/2012	 	Date:	7/16/2012
	 	 	 	 	 

 

 

 

 

 

 

 

 

10149-0021 9692226 v3

    	3EXHIBIT 10.22

	
         

        

 

 

AMENDED AND RESTATED 

EXECUTIVE EMPLOYMENT AGREEMENT

 

The terms contained herein (the “Revised
Agreement”) supersede and replace the terms contained in the Executive Employment Agreement dated November 15, 2013 by and
between Safety Quick Lighting & Fans Corp. (together with its subsidiaries and predecessor companies hereinafter referred to
as the "Company") and James R. Hills, (hereinafter referred to as the "Executive").

NOW, THEREFORE,
the parties hereto agree as follows:

1.     
Employment.Company hereby agrees to employ Executive as its Chief Executive Officer and Executive hereby accepts
such employment in accordance with the terms of this Revised Agreement and the terms of employment applicable to regular employees
of Company. In the event of any conflict or ambiguity between the terms of this Revised Agreement and terms of employment applicable
to regular employees, the terms of this Revised Agreement shall control.

2.
Duties of Executive.The duties of Executive shall include the performance of all of the duties typical of the office
held by Executive as described in the bylaws of the Company and such other duties and projects as may be assigned by the board
of directors of the Company, if any. Executive shall perform all duties in a professional, ethical and businesslike manner. Executive
shall be required to devote such time to the affairs of the Company as shall be necessary to manage such affairs. Executive shall
perform such duties principally from offices he maintains in Sarasota, Florida and Atlanta, Georgia, subject to such reasonable
travel as may be required, and shall not be required to relocate his residence. With the exception of those listed on Exhibit A,
during the term of this Revised Agreement, Executive’s direct or indirect engagement in any other businesses or concerns
in any capacity, either with or without compensation will require prior written consent of Company.

3.
Compensation. Executive will be paid compensation during this Revised Agreement as follows:

a)
A base salary of $150,000 (one
hundred and fifty thousand dollars) per year in 2014, payable in installments according to the Company's regular payroll schedule.
The base salary shall be reviewed at the end of each year of service and adjusted by the Company's Board of Directors at its sole
discretion; however, such base salary may not be lower than $150,000 per year.

b)
A sign-on bonus of one million two hundred and fifty thousand (1,250,000) shares of the Company’s common stock to
vest as follows:

		•	500,000 shares immediately,

		•	250,000 shares on December 31, 2014,

		•	250,000 shares on December 31, 2015, and

		•	250,000 shares on December 31, 2016,

    	Safety Quick Lighting and Fans Corp.
 Amended and Restated Chief Executive Officer Employment Agreement
	Page 1
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c)
 An incentive compensation equal
to:

Cash:

1⁄2% (0.005) of the Company’s
annual gross revenue (as defined below) plus the following bonus payments upon reaching initial revenue hurdles:

 

	Year	Initial Revenue Hurdle	Bonus
	2014	$15,000,000	$25,000
	2015	$20,000,000	$50,000
	2016	$25,000,000	$75,000
	2017	$30,000,000	$100,000

 

and

 

5% of the Company’s
annual net income (as defined below)

 

For the purposes
of this agreement, the following definitions of terms shall apply:

 

	Gross Revenue:	 	Sales less any returns and discounts.
	 	 	 
	Net Income:	 	Gross Revenue less cost of manufacturing and
	 	 	transportation to port, selling costs, GE license fee, all
	 	 	operating and financing costs, bank fees and federal, state
	 	 	and local income taxes.

 

 

Options:

5-year options to purchase shares of
the Company’s common stock equal to 11⁄2% of quarterly net income the strike prices of which will be determined at the
time of granting.

 

The incentive salary
payment shall be made within thirty (30) days after the Company's independent accounting firm has concluded its audit. If the final
audit is not prepared within ninety (90) days after the end of the fiscal year, then Company shall make a preliminary payment equal
to fifty percent (50%) of the amount due based upon the adjusted net profits preliminarily determined by the independent accounting
firm, subject to payment of the balance, if any, promptly following completion of the audit by the Company's independent accounting
firm.

		4.	Benefits.

 

	a)		Vacation. Executive shall be entitled to five weeks
paid vacation days each year.

 

	b)		Sick Leave. Executive shall be entitled to sick leave and emergency leave according
to the regular policies and procedures of Company. Additional sick leave or emergency leave over and above paid leave provided
by the Company, if any, shall be unpaid and shall be granted at the discretion of the board of directors.

 

    	Safety Quick Lighting and Fans Corp.
 Amended and Restated Chief Executive Officer Employment Agreement
	Page 2
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	c)		Medical and Group Life Insurance. In the event the Company offers such a plan,
Company agrees to include Executive, at the Executive’s option, in a group medical and hospital insurance plan the Company
may offer during this Revised Agreement. Executive shall be responsible for payment of any federal or state income tax imposed
upon these benefits. The offering of a group medical and hospital insurance plan is at the discretion of the Company and NOT a
condition of employment by the Executive.

 

	d)		Expense Reimbursement. Executive shall be entitled to reimbursement for all
reasonable expenses, including travel and entertainment, incurred by Executive in the performance of Executive's duties. Executive
will maintain records and written receipts as required by the Company policy and reasonably requested by the board of directors
to substantiate such expenses.

 

	e)		Vehicle Reimbursement. Executive shall be
entitled to a Car Allowance of $1,000 per month, which shall be paid periodically together with Executive’s salary. The
Executive’s vehicle should be, above all, highly reliable, safe and secure for the user, while meeting some of the user’s
personal preferences and needs.

5.
Initial Term. The term of this Revised Agreement commenced on January 1, 2014 and shall continue in effect for a period of
five (5) years (the “Initial Term”) thereafter. Following the expiration of the Initial Term, the Revised Agreement
shall be renewed upon the mutual agreement of Executive and Company.

6.
Termination 

a)
The Company may terminate Executive for cause. Cause shall be defined as:

		(i)	An act of fraud, embezzlement, theft or neglect of or refusal to substantially perform the duties
of Executive's employment which is materially injurious to the financial condition or business reputation of the Company;

		(ii)	A material violation of this Revised Agreement by Executive, which is not cured within 30 days
after written notice thereof;

		(iii)	Executive’s death, disability or incapacity.

 

b)
This Revised Agreement and Executive's employment may be terminated at Company's Board of Directors discretion during the Initial
Term, provided that if Executive is terminated without cause, Company shall pay to Executive an amount calculated by multiplying
the Executive’s monthly salary, at the time of such termination, times the number of months remaining in the Initial Term
(as an example, if Executive were terminated at the end of the 20th month of employment, Executive would be entitled to receive
a one-lump payment in cash equal to the remaining 16 months base compensation of the Initial Term at the time of termination. To
further illustrate, if the Executive’s monthly salary at the time of termination without cause was $12,500, the Executive
would receive $12,500 times 16 or $200,000. In addition, if Executive is terminated without cause, Executive’s sign-on bonus
shares shall immediately vest. In the event of such termination, Executive shall be entitled to incentive compensation payment
and other compensation then in effect, on a prorated basis.

    	Safety Quick Lighting and Fans Corp.
 Amended and Restated Chief Executive Officer Employment Agreement
	Page3
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c)
This Revised Agreement and Executive's employment may be terminated by the Company’s Board of Directors at its discretion
at any time after the Initial Term, provided that in such case, Executive shall be paid fifty percent (50%) of Executive's then
applicable annual base salary. In the event of such a discretionary termination, Executive shall not be entitled to receive any
incentive salary payment or any other compensation then in effect, prorated or otherwise.

d)
This Revised Agreement may be terminated by Executive at Executive's discretion by providing at least thirty (30) days prior written
notice to Company. In the event of termination by Executive pursuant to this subsection, Company may immediately relieve Executive
of all duties and immediately terminate this Revised Agreement, provided that Company shall pay Executive at the then applicable
base salary rate to the termination date included in Executive's original termination notice.

e)
In the event Company is acquired, or is the non-surviving party in a merger, or sells all or substantially all of its assets, this
Revised Agreement shall not be terminated and Company agrees to use its best efforts to ensure that the transferee or surviving
company is bound by the provisions of this Revised Agreement and all shares grants will vest immediately.

7.
Notices. Any notice required by this Revised Agreement or given in connection with it, shall be in writing and shall be given
to the appropriate party by personal delivery or by certified mail, postage prepaid, or recognized overnight delivery services;

If to Company:

Safety Quick Lighting & Fans Corp.

3060 Peachtree Road

Suite 390

Atlanta, GA 30305

 

If to Executive:

 

James R. Hills

1125 West Peppertree Drive, Unit #103

Sarasota, FL 34242

 

8. Final Agreement.
This Revised Agreement terminates and supersedes all prior understandings or agreements on the subject matter hereof. This
Revised Agreement may be modified only by a further writing that is duly executed by both parties.

 

 

    	Safety Quick Lighting and Fans Corp.
 Amended and Restated Chief Executive Officer Employment Agreement
	Page 4
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9. Governing Law. This
Revised Agreement shall be construed and enforced in accordance with the laws of the state of Florida.

 

10. Headings. Headings
used in this Revised Agreement are provided for convenience only and shall not be used to construe meaning or intent.

 

11. No Assignment.
Neither this Revised Agreement nor any or interest in this Revised Agreement may be assigned by Executive without the prior
express written approval of Company, which may be withheld by Company at Company's absolute discretion.

 

12. Severability. If
any term of this Revised Agreement is held by a court of competent jurisdiction to be invalid or unenforceable, then this Revised
Agreement, including all of the remaining terms, will remain in full force and effect as if such invalid or unenforceable term
had never been included.

 

13. Arbitration. The
parties agree that they will use their best efforts to amicably resolve any dispute arising out of or relating to this Revised
Agreement. Any controversy, claim or dispute that cannot be so resolved shall be settled by final binding arbitration in accordance
with the rules of the American Arbitration Association and judgment upon the award rendered by the arbitrator or arbitrators may
be entered in any court having jurisdiction thereof. Any such arbitration shall be conducted in Florida, or such other place as
may be mutually agreed upon by the parties. Within fifteen (15) days after the commencement of the arbitration, each party shall
select one person to act as arbitrator, and the two arbitrators so selected shall select a third arbitrator within ten (10) days
of their appointment. Each party shall bear its own costs and expenses and an equal share of the arbitrator's expenses and administrative
fees of arbitration.

 

IN WITNESS WHEREOF, the parties hereto
have executed this Revised Agreement as of March 26, 2014.

 

 

EXECUTIVE

 

/s/ James R. Hills

 

James R. Hills

 

 

SAFETY QUICK LIGHTING & FANS CORP.

 

/s/ Rani Kohen

Rani Kohen, Chairman, on behalf
of the Company’s Board of Directors, which has reviewed the Revised Agreement and ratified and affirmed such Revised Agreement
as represented herein.  

 

 

    	Safety Quick Lighting and Fans Corp.
 Amended and Restated Chief Executive Officer Employment Agreement
	Page 5
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EXHIBIT A

 

 

 

Lead Director 

Nottingham Spirk Design Associates,
Inc.

Executive

Nottingham Spirk Partners, LLC

2200 Overlook Road

Cleveland, Ohio 44106

 

Non-Executive Director

Tyra Tech, Inc. (AIM:
TYR)

5151 McCrimmon Parkway

Suite 275

Morrisville, NC 27560

 

Board Member

Board of Visitors

Savannah College of Art &
Design

P.O. 3146

Savannah, Georgia 31402

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	Safety Quick Lighting and Fans Corp.
 Amended
                                         and Restated Chief Executive Officer Employment Agreement
	Page 6 of 6

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