Document:

Exhibit 10.4

 

EMPLOYMENT
AGREEMENT

 

THIS
EMPLOYMENT AGREEMENT (“Agreement”), dated as of October 15, 2020 (the “Effective Date”)
is between Progressive Care, Inc., a Delaware corporation, and its wholly owned subsidiaries, Pharmco LLC, Touchpoint LLC, and
Family Physicians RX, Inc. (collectively, the “Employer” or the “Company”), and Cecile Munnik,
an individual (“Employee”).

 

R
E C I T A L S:

 

	A.	Employee
                                         is knowledgeable with respect to the business of the Company

 

	B.	Company
                                         desires to offer employment to Employee and Employee desires to be employed by Company.

 

	C.	Employer
                                         and Employee agree to enter into an Employment Agreement providing for the initial term
                                         set forth in Section 2 below, with one-year renewals thereafter on the terms and conditions
                                         herein provided.

 

NOW,
THEREFORE, in consideration of the premises, the parties agree as follows:

 

1. Employment.
The Company hereby employs the Employee as Chief Financial Officer and the Employee hereby accepts such employment, subject
to the terms and conditions hereinafter set forth.

 

2. Term.
The Agreement shall commence on the Effective Date and continue through the first anniversary thereof (the “Initial
Term”). This Agreement is automatically renewable for successive terms of twelve (12) months (each a “Renewal
Term”). For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred
to as the “Employment Period.” This Agreement will automatically renew unless either the Company or the Employee
provides the other party with written notice of non-renewal at least sixty (60) days before the end of the Employment Period.

 

3. Duties.
Employee shall be employed as the Chief Financial Officer of Employer. Employee shall have such duties and responsibilities
as are normally associated with the foregoing position and such additional duties and responsibilities as he may be reasonably
assigned from time to time by the Board of Directors. The Employee agrees to serve the Company faithfully and to the best of her
ability and shall devote her full time, attention, and energies to the business of the Company during customary business hours.
The Employee agrees to carry out her duties in a competent and professional manner and to at all times promote the best interests
of the Company. Except as expressly provided herein, the Employee shall not, during the Employment Period, engage in any other
business, whether or not pursued for profit. Nothing contained herein shall be construed as preventing the Executive from investing
in any other business or entity which is not in competition with the business of the Company. Nothing contained herein shall be
construed as preventing the Executive from (1) engaging in personal business affairs and other personal matters, (2) serving on
civic or charitable boards or committees, or (3) serving on the board of directors of companies that do not compete directly or
indirectly with the Company, provided however, that none of such activities materially interferes with the performance of her
duties under this Agreement and provided further that the Board of Directors approves of each such proposed appointment which
approval shall not be unreasonably withheld.

 

     

     

    

 

4. Compensation.

 

(a) In
consideration of the services to be rendered by the Employee hereunder, the Company agrees to pay the Employee, and the Employee
agrees to accept, a Base Salary in the amount of One Hundred Thousand Dollars ($150,000) per year, subject to all required federal,
state and local payroll deductions (the “Initial Base Salary”). Currently, the Company pays its employees on
a bi-weekly basis.

 

(b) At
the discretion of the Company’s Board of Directors, the Employee will also be eligible for periodic cash and/or stock bonuses.

 

(c) The
Employee shall be entitled to twenty (20) Paid Time Off (“PTO”) days during each calendar year. PTO shall be governed
by the Employee Handbook.

 

(d) The
Employee shall be entitled to Company holidays in accordance with the Company’s Employee Handbook, as amended and as published
periodically by the Company.

 

(e) The
Employee shall receive group medical and dental benefits for herself of the same type as other employees of similar rank and title
of the Company. The Company shall pay the cost of such health insurance in full. Dental and vision insurance are paid by the Employee.
The Employee shall also receive such additional benefits, as per the Employee Handbook, and in accordance with the Company’s
standard practices.

 

(f) To
the extent that the Employee becomes mentally or physically disabled, as determined in accordance with Paragraph 10 of this Agreement,
Employee shall receive such benefits as are provided pursuant to the Employee Handbook.

 

5. Business
Expenses.

 

Employee
is authorized to incur, and the Company shall pay and reimburse him, for all reasonable and necessary business expenses incurred
in the performance of her duties hereunder, in accordance with guidelines adopted by the Board of Directors. The Company will
pay and reimburse Employee for all such reasonable expenses upon the presentation by Employee, from time to time, of an itemized
account of such reasonable expenditures and proper documentation thereof as evidence that such expenses have been incurred. The
determination of what is fair and reasonable shall be made by the Board of Directors or their delegate.

 

6. Termination
by the Company for Cause.

 

The
Company has the right to terminate Employee’s employment with cause. Termination by the Company of the Employee’s
employment for cause (hereinafter referred to as “Termination for Cause), shall mean termination upon:

 

(i) the
willful and continued failure by the Employee to substantially perform the Employee’s material duties with the Company (other
than any such failure resulting from the Employee’s incapacity due to physical or mental illness) after a written demand
for substantial performance is delivered to the Employee by the Board, which demand specifically identifies the material duties
that the Board believes that the Employee has not substantially performed; or

 

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(ii) the
willful engaging by the Employee in conduct that is demonstrably and materially injurious to the Company, monetarily or otherwise;
or

 

(iii) 
the conviction of the Employee of a felony that results in the Employee being unable to substantially carry out her duties as
set forth in this Agreement; or

 

(iv) the
commission of any act by the Employee against the Company that constitutes embezzlement, larceny, and/or grand larceny; or

 

(v) the
failure of the Employee to follow lawful and reasonable instructions from the Board of Directors.

 

7. Termination
by the Company Without Cause. If the Company terminates Employee’s employment other than for Cause pursuant to Paragraph
6, the Company shall pay or provide the Employee, within thirty (30) days of the date of termination, with: (i) any unpaid salary
earned under this Agreement prior to the date of termination; (ii) any accrued but unused PTO days prior to the date of termination;
(iii) any unpaid compensation due under Paragraph 4 (b) herein; (iv) any unpaid expense reimbursement owed to him for periods
through the date of termination; and (v) the Employee’s then current base salary for the remainder of the Employment Period.

 

8. Termination
by the Employee. The Employee may terminate her employment hereunder for “Good Reason,” within ninety (90) days
(or shorter, as the Company’s option) of the occurrence of any of the following events: (i) a significant and material breach
of this Agreement by the Company; or (ii) any failure to pay, within a reasonable amount of time, any part of the Employee’s
compensation or to provide the benefits contemplated herein. The Employee shall give the Company written notice of any proposed
termination for Good Reason and the Company shall have thirty (30) days from receipt of such written notice to cure any ground
of termination for Good Reason, as set forth in this Paragraph.  In the event of Termination by Employee for Good Reason,
Company shall be obligated to pay to Employee that compensation due as if Company had terminated Employee Without Cause pursuant
to Paragraph 7 of this Agreement.

 

9. Termination
Due to Death. In the event of the Employee’s death during the Employment Period, the Employee’s employment hereunder
shall immediately and automatically terminate. The Company shall have no further obligation or duty to the Employee or her estate
or beneficiaries other than monies owed to Employee under Paragraph 7(i), (ii), (iii) (iv) and (v).

 

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10. Termination
Due to Disability. Notwithstanding the preceding sections, the Company may terminate the Employee’s employment hereunder,
upon written notice to the Employee, in the event that the Employee becomes disabled during the Employment Period. The term “disabled”
is defined as any condition of either a physical or psychological nature that, even with reasonable accommodation, renders the
Employee unable to perform the essential functions of the services contemplated hereunder for a period of one hundred eighty (180)
days during any twelve (12) month period during the Employment Period. Employee represents that any period of disability beyond
one hundred eighty (180) days would place an undue burden and hardship on the Company. Any such termination shall become effective
upon mailing or hand delivery of such notice to the Employee. The Company shall have no further obligation or duty to the Employee
following termination under this Paragraph, other than to pay Employee all earned compensation and benefits through the date of
termination, and other than as required by applicable law. In addition, Employee will be entitled to the lesser of (i) an additional
six (6) month’s then current base salary or (ii) Employee’s then current base salary through the end of the Employment
Period, following any such termination, to be paid pursuant to the Company’s normal payroll cycle. For purposes of determining
the existence or nonexistence of a disability, the Employee and Company shall mutually agree to a physician. If the Employee and
Company are unable to agree on a physician, the physicians selected by each shall agree on a third physician, who shall make the
disability determination.

 

11.
Non-Solicitation. 

 

(a)
 Solicitation of Employees. During Employee’s employment with the Company
and for a period of 12 months after termination of such employment at any time and for any reason, Employee shall not solicit,
participate in or promote the solicitation of any person who was employed by the Company at the time of Employee’s termination
of employment with the Company to leave the employ of the Company or, on behalf of himself or any other person, hire, employ or
engage any such person. Employee further agrees that, during such time, if an employee of the Company contacts Employee about
prospective employment, Employee will inform such employee that he or she cannot discuss the matter further without the consent
of the Company.

 

(b) Solicitation
of Clients, Customers, Etc. During Employee’s employment with the Company and for a period of 12 months after termination
of Employee’s employment at any time and for any reason, Employee shall not, directly or indirectly, solicit any person
who during any portion of the time of Employee’s employment or at the time of termination of Employee’s employment
with the Company, was a client, customer, policyholder, vendor, consultant or agent of the Company to discontinue business, in
whole or in part, with the Company. Employee further agrees that, during such time, if such a client, customer, policyholder,
vendor, or consultant or agent contacts Employee about discontinuing business with the Company or moving that business elsewhere,
Employee will inform such client, customer, policyholder, vendor, consultant or agent that he or she cannot discuss the matter
further without the consent of the Company .

 

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12. Non-Compete.
The Company agrees to disclose to Employee and Employee agrees to receive from the Company confidential information which
would provide competitors of the Company with an unfair advantage. In consideration for such disclosure by the Company, Employee
agrees as follows:

 

(a) Competition
During Employment. Employee agrees that during the term of her employment with the Company, neither she nor any of her
Affiliates (Employee’s Affiliates is defined as any legal entity in which Employee directly or indirectly owns at least
a 25% interest) will directly or indirectly compete with the Company in any way in any business in which the Company or its Affiliates
is engaged in, and that he will not act as an officer, director, employee, consultant, shareholder, lender, or agent of any entity
which is engaged in any business of the same nature as, or in competition with the businesses in which the Company is now engaged
or in which the Company becomes engaged during the term of employment; provided, however, that this Section 12(a) shall not prohibit
Employee or any of her Affiliates from purchasing or holding an aggregate equity interest of up to 10% in any publicly traded
business in competition with the Company, so long as Employee and her Affiliates combined do not purchase or hold an aggregate
equity interest of more than 10%. Furthermore, Employee agrees that during the term of employment, he will not accept any board
of director seat or officer role or undertake any planning for the organization of any business activity competitive with the
Company and Employee will not combine or conspire with any other employees of the Company for the purpose of the organization
of any such competitive business activity.

 

(b) Competition
Following Employment. In order to protect the Company against the unauthorized use or the disclosure of any confidential
information of the Company presently known or hereinafter obtained by Employee during her employment under this Agreement, Employee
agrees that for a period of twelve (12) months following the termination of this Agreement for any reason, neither Employee nor
any of her Affiliates, shall, directly or indirectly, for itself or herself or on behalf of any other corporation, person, firm,
partnership, association, or any other entity (whether as an individual, agent, servant, employee, employer, officer, director,
shareholder, investor, principal, consultant or in any other capacity):

 

(a) engage
or participate in any business, regardless of where situated, which engages in direct market competition with such businesses
being conducted by the Company during the term of employment; or

 

(b) assist
or finance any person or entity in any manner or in any way inconsistent with the intents and purposes of this Agreement. 

 

Notwithstanding
the foregoing, the provisions of this Section 12(b) shall not apply under the circumstances where this Agreement has been terminated
by the Company without cause , if the Company ceases operations, or if this Agreement is terminated by Employee as the result
of a material, uncured breach of this Agreement by the Company.

 

13.
Indemnification

 

		(a)	Indemnification
                                         of Employee. The Company shall, to the maximum extent permitted by law, indemnify
                                         and hold Employee harmless for any acts or decisions made in good faith while performing
                                         services for the Company. To the same extent, the Company will pay, and subject to any
                                         legal limitations, advance all expenses, including reasonable attorneys’ fees and
                                         costs of court-approved settlements, actually and necessarily incurred by Employee in
                                         connection with the defense of any action, suit or proceeding and in connection with
                                         any appeal, which has been brought against Employee by reason of her service as an officer
                                         or agent of the Company.

 

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		(b)	Indemnification
                                         of Company. Employee shall indemnify and hold the Company harmless for any acts
                                         or decisions made by Employee which constitute criminal acts or intentional misconduct.
                                         Employee shall pay, and subject to any legal limitations, advance all expenses, including
                                         reasonable attorneys’ fees and costs of court-approved settlements, actually and
                                         necessarily incurred by the Company in connection with the defense of any action, suit
                                         or proceeding and in connection with any appeal, which has been brought against the Company
                                         by reason of the criminal acts or intentional misconduct of Employee.

 

14. Confidentiality.

 

(a) Proprietary
Information. Employee understands and acknowledges that, during the course of her employment with the Company, Employee
shall create and has created, as well as shall be granted and has been granted access to, certain valuable information relating
to the business of the Company that provides the Company with a competitive advantage (or that which could be used to the disadvantage
of the Company by a competitor), which is not generally known by, nor easily learned or determined by, persons outside the Company
(collectively referred to herein as “Proprietary Information”) including, but not limited to: Intellectual
Property, developments, the Company’s products, applications, methods, trade secrets and other intellectual property, the
research, development, procedures, manuals, confidential reports, technical information, financial information, business plans,
prospects of opportunities, purchasing, operating and other cost data, employee information (including, but not limited to, personnel,
payroll, compensation and benefit data and plans), including all such information recorded in manuals, memoranda, projections,
reports, minutes, plans, drawings, sketches, designs, formula books, data, specifications, software programs and records, whether
or not legended or otherwise identified by the Company as Proprietary Information, as well as such information that is the subject
of meetings and discussions and not recorded. Proprietary Information shall not include such information that Employee can demonstrate
is generally available to the public (other than as a result of a disclosure by Employee).

 

(b) Duty
of Confidentiality. Employee agrees at all times, both during and after Employee’s employment with the Company, (i)
to hold all Proprietary Information in a confidential manner for the benefit of the Company, to reasonably safeguard all such
Proprietary Information; and (ii) to adhere to any non-disclosure, confidentiality or other similar agreements to which Employee
or the Company is or becomes a party or subject thereto. Employee also agrees that he shall not, directly or indirectly, disclose
any such Proprietary Information to, or use such Proprietary Information for the benefit of, any third person or entity outside
the Company, except to persons identified in writing by the Company. Employee further agrees that, in addition to enforcing this
restriction, the Company may have other rights and remedies under the common law or applicable statutory laws relating to the
protection of trade secrets.

 

15. Non-Disparagement.
The Employee agrees that at no time during her employment by the Company or thereafter, shall he make, or cause or assist any
other person to make, any statement or other communication to any third party which impugns or attacks, or is otherwise critical
of, the reputation, business or character of the Company or any of its respective directors, officers or employees. In addition,
the Company agrees that its Board of Director and executives will not disparage the Employee so long as the Employee separates
from the Company in good standing and abides by all terms of this agreement and signed non-disclosure and non-compete agreements.

 

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16. Successors;
Binding Agreement. Neither this Agreement nor any right or interest hereunder shall be assignable by the Employee, nor shall
it be subject to attachment, execution, pledge or hypothecation, but this Agreement if Employee shall die shall inure to the benefit
of and be enforceable by the Employee’s personal or legal representative, executors, administrators, successors, heirs,
distributees, devisees and legatees. If the Employee dies during the term of this Agreement before a notice of termination is
sent by either party, no amounts shall be paid to Employee’s devisee, legatee or other designee or, if there is no such
designee, to Employee’s estate other than the amounts owed under Section 4 and under Section 7(i), (ii), (iii) and (iv).
If Employee dies after a notice of termination has been submitted, by either party, the Agreement shall terminate according to
the notice of termination and the relevant sections of this Agreement pertaining to such a termination rather than as a termination
under this Section.

 

17. Miscellaneous.
No provision of this Agreement may be modified, waived, or discharged unless such waiver, modification or discharge is agreed
to in writing and signed by the Employee, and such officer as may be specifically designated by the Board. No waiver by either
party hereto of, or compliance with, any condition or provision of this Agreement to be performed by such other party shall be
deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No agreements
or representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either
party that is not set forth in this Agreement. Any payments provided for hereunder shall be paid net of any applicable withholding
required under federal, state, or local law.

 

18. Severance
and Validity. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability
of any other provision of this Agreement, which shall remain in full force and effect.

 

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

 

20. Entire
Agreement. This Agreement contains the entire understanding of the parties with respect to the subject matter hereof, supersedes
any prior agreement between the parties, and may not be changed or terminated orally. No change, termination or attempted waiver
of any of the provisions hereof shall be binding unless in writing and signed by the party to be bound; provided, however, that
the Employee’s compensation and benefits may be changed at any time by the Company without in any way affecting any of the
other terms and conditions of this Agreement, which in all other respects shall remain in full force and effect.

 

21. Negotiated
Agreement. This Agreement has been negotiated and shall not be construed against the party responsible for drafting all or
parts of this Agreement.

 

22. Notices.
For the purposes of this Agreement, notices and all other communications provided for in this Agreement shall be in writing
and shall be deemed to have been duly given when delivered personally or received by United States registered or certified mail,
return receipt requested, postage prepaid, or by nationally recognized overnight delivery service providing for a signed return
receipt, addressed to the Employee at the Employee’s home address set forth in the Company’s records and to the Company
at the address set forth on the first page of this Agreement, or to such other address as either party may have furnished to the
other in writing in accordance herewith, except that notice of change of address shall be effective only upon receipt.

 

23. Governing
Law and Resolution of Disputes. All matters concerning the validity and interpretation of and performance under this Agreement
shall be governed by the laws of the State of Florida. Any dispute or controversy arising under or in connection with this Agreement
shall be settled exclusively by arbitration in a jurisdiction chosen by the Employer in accordance with the rules of the American
Arbitration Association (“AAA”) then in effect. Arbitration will take place before a single experienced employment
arbitrator licensed to practice law in Florida and selected in accordance with the Employment Dispute Resolution Rules of the
American Arbitration Association. The arbitrator may not modify or change this Agreement in any way. Any judgment rendered by
the arbitrator as above provided shall be final and binding on the parties hereto for all purposes and may be entered in any court
having jurisdiction. In any arbitration pursuant to this Paragraph 21, each party shall be responsible for the fees and expenses
of its own attorney and witnesses, and the fees and expenses of the arbitrator shall be divided equally between the Company and
the Employee. Employee agrees that the cost provisions of this Paragraph are fair and not unconscionable.

 

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IN WITNESS WHEREOF,
the parties hereto have executed this Agreement as of October 15, 2020.

 

PROGRESSIVE CARE, INC.

 

	By:
    	/s/
    Alan Jay Weisberg	 	Dated:
    10/15/2020
	 	Alan
    Jay Weisberg	 	 
	 	Chief
    Executive Officer	 	 

 

EMPLOYEE:

 

	/s/
    Cecile Munnik	 	Dated:
    10/15/2020
	Cecile
    Munnik	 	 

 

 8Exhibit 10.5

 

EXECUTIVE
EMPLOYMENT AGREEMENT

 

This
EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of the 3rd day of
January, 2020 (the “Effective Date”), by and between PROGRESSIVE CARE INC., a Delaware corporation with offices at
400 Ansin Blvd, Ste A, Hallandale Beach, FL 33009 (the “Corporation”) and BIRUTE NORKUTE, an individual residing
at 2311 NE 174th St, Miami, FL 33160  (“Executive”).

W
I T N E S S E T H:

 

WHEREAS,
the Executive desires to be employed by the Corporation as its Chief Operating Officer and the Corporation wishes to employ Executive
in such capacity;

 

NOW,
THEREFORE, in consideration of the foregoing recitals and the respective covenants and agreements of the parties contained in
this document, the Corporation and Executive hereby agree as follows:

 

1. Employment
and Duties. The Corporation agrees to employ and Executive agrees to serve as the Corporation’s Chief Operating Officer. It
is expected that the employment duties of Executive will include reporting directly to the board of directors of the Corporation
for the full time high quality performance of directing, supervising and having responsibility for overseeing operations and the
general affairs of the Corporation and shall include such other duties and responsibilities as the Board of Directors (the “Board”)
may from time to time reasonably assign to Executive.

 

Executive
shall devote substantially all of his working time and efforts during the Corporation’s normal business hours to the business
and affairs of the Corporation and its subsidiaries and to the diligent and faithful performance of the duties and responsibilities
duly assigned to him pursuant to this Agreement.

 

2. Term.
The term of this Agreement shall commence on the Effective Date and shall continue for a period of three years (the “Employment
Period”).

 

3. Place
of Employment. Executive’s services shall be performed at the Corporation’s offices located in Hallandale Beach, Florida and
any other location where the Corporation and its subsidiaries now or hereafter have a business facility. The parties acknowledge,
however, that Executive may be required to travel in connection with the performance of his duties hereunder.

 

4. Base
Salary. For all services to be rendered by Executive pursuant to this Agreement, the Corporation agrees to pay Executive during
the Employment Period a base salary (the “Base Salary”) at an annual rate of $105,000. The Base Salary shall be paid
in periodic installments in accordance with the Corporation’s regular payroll practices.

 

The
Board shall review the Executive’s Base Salary annually after the conclusion of the initial one year term and shall make
a recommendation to the Board as to whether such Base Salary should be increased but not decreased, which decision shall be within
the Board’s sole discretion.

 

     

     

    

 

5. Bonuses.
During the term of this Agreement, the Executive shall be entitled to bonuses as determined by the Board of Directors based upon
corporate profitability and cash flow on an annual basis.

 

6. Expenses.
Executive shall be entitled to prompt reimbursement by the Corporation for all reasonable ordinary and necessary travel, entertainment,
and other expenses incurred by Executive while employed (in accordance with the policies and procedures established by the Corporation
for its senior executive officers) in the performance of his duties and responsibilities under this Agreement; provided, that
Executive shall properly account for such expenses in accordance with Corporation policies and procedures.

 

7. Other
Benefits. During the term of this Agreement, the Executive shall be eligible to participate in the Corporation’s 401(k)
retirement plan as well as the Corporation’s medical, dental and vision insurance policies, and any other such benefits
as made available to employees (collectively, “Benefit Plans”), in substantially the same manner and at substantially
the same levels as the Corporation makes such opportunities available to the Corporation’s managerial or salaried executive employees.
Eligible medical, dental, and vision insurance policies shall include Executive’s spouse and children at the request of
the Executive, provided that they meet the requirements as set forth by the Corporation’s insurance carrier(s).

 

8. Vacation,
Sick, and Personal Days. During the term of this Agreement, the Executive shall be entitled to accrue, on a pro rata basis,
twenty (20) PTO days per year exclusive of recognized holidays of the Corporation. Vacation shall be taken at such times as are
mutually convenient to the Executive and the Corporation and no more than five (5) consecutive days shall be taken at any one
time without Corporation approval in advance. The Executive shall not be entitled to carry over any accrued, unused vacation days
from year to year.

 

(a) Parental,
Maternity, and Adoption Leave. Executive shall be entitled to paid parental, maternity, or adoption leave, at the Executive’s
Base Salary on the date immediately preceding the start date of leave, during the term of this Agreement During parental, maternity,
or adoption leave Executive shall be deemed continuously employed by the Corporation and entitled to all benefits prescribed under
this agreement. Upon completion of leave, Executive shall be entitled to return to the same position held on the date immediately
preceding the start date of leave.

 

(1) Executive
shall be entitled to take up to 12 weeks of paid maternity leave which may commence up to 2 weeks prior to scheduled delivery
date upon advance written notification by the Executive. In the event of an early delivery, leave shall commence on date of delivery.
In the event of a medically defined late pregnancy miscarriage or still birth, Executive shall be entitled to 8 weeks of paid
leave.

 

(2) Adoption
leave shall commence on date of placement of the child.

 

(3)Any
additional leave may be negotiated with the Board.

 

    2

     

    

 

9. Stock
Grants. The Executive may receive grants of restricted shares of the Corporation’s common stock at the discretion of
the Board of Directors Alternatively, the Corporation shall be able to issue equivalent cashless stock options to Executive in
lieu of grants of restricted common stock as prescribed above.

 

Executive
acknowledges the restricted shares will be subject to the rules and regulations of the U.S. Securities and Exchange Commission
regarding “restricted securities”, including but not limited to, Rule 144 as promulgated under the Securities Act
of 1933, as amended.

 

Executive
understands that some or all of the stock received by Executive pursuant to Sections 5 and 9 hereof will not be registered under
the United States Securities Act of 1933 (the “1933 Act”), and acknowledges that he will be obligated to agree, as
a condition to the issuance thereof, that he will acquire such stock for his own account for investment and not with a view to,
or for resale in connection with a distribution thereof, and will bear the economic risk of his investment in such stock for an
indefinite period of time.

 

10. Representations
and Warranties by Executive. Executive hereby represents and warrants to the
Corporation as follows:

 

(a)
Executive has no criminal record, has never been arrested (whether prosecuted or otherwise) and is not under investigation by
any country, state, federal or local authority. Further, Executive is not aware of any illegal actions on his/her part, whether
known to authorities or otherwise.

 

(b)
Executive has not entered into a previous non-compete, non-disclosure or non-circumvention agreement with any party that would
or could have an effect on Executive’s ability to perform his/her duties under this Agreement.

 

(c)
Neither the execution and delivery of this Agreement nor the performance by Executive of his duties and other obligations hereunder
violates or will violate any statute, law, determination or award, or conflict with or constitute a default under (whether immediately,
upon the giving of notice or lapse of time or both) any prior employment agreement, contract, or other instrument to which Executive
is a party or by which he is bound.

 

(d)
Executive as the full right, power and legal capacity to enter and deliver this Agreement and to perform his duties and other
obligations hereunder. This Agreement constitutes the legal, valid and binding obligation of Executive enforceable against his
in accordance with its terms. No approvals or consents of any persons or entities are required for Executive to execute and deliver
this Agreement or perform his duties and other obligations hereunder.

 

11. Termination
of Employment.

 

(a) Death.
If Executive dies during the Employment Period, this Agreement and the Executive’s employment with the Corporation shall
automatically terminate and the Corporation shall have no further obligations to the Executive or his heirs, administrators or
executors with respect to compensation and benefits accruing thereafter, except for the obligation to pay to the Executive’s
heirs, administrators or executors any earned but unpaid Base Salary through the date of death and reimbursement of any and all
reasonable expenses paid or incurred by the Executive in connection with and related to the performance of his duties and responsibilities
for the Corporation during the period ending on the termination date. The Corporation shall deduct, from all payments made hereunder,
all applicable taxes, including income tax, FICA and FUTA, and other appropriate deductions. In addition, the Executive’s
spouse and minor children shall be entitled to continued coverage for a period of three years following the termination of employment,
at their own expense, under all health, medical, dental and vision insurance plans in which the Executive was a participant immediately
prior to his last date of employment with the Corporation.

 

(b) Disability.
In the event that, during the term of this Agreement the Executive shall be prevented from performing his duties and responsibilities
hereunder to the full extent required by the Corporation by reason of Disability (as defined below), this Agreement and the Executive’s
employment with the Corporation shall automatically terminate and the Corporation shall have no further obligations or liability
to the Executive or his heirs, administrators or executors with respect to compensation and benefits accruing thereafter, except
for the obligation to pay the Executive or his heirs, administrators or executors any earned but unpaid Base Salary through the
Executive’s last date of Employment with the Corporation and reimbursement of any and all reasonable expenses paid or incurred
by the Executive in connection with and related to the performance of his duties and responsibilities for the Corporation during
the period ending on the termination date. The Corporation shall deduct, from all payments made hereunder, all applicable taxes,
including income tax, FICA and FUTA, and other appropriate deductions through the last date of the Executive’s employment
with the Corporation. For purposes of this Agreement, “Disability” shall mean a physical or mental disability
that prevents the performance by the Executive, with or without reasonable accommodation, of his duties and responsibilities hereunder
for a period of not less than an aggregate of 60 business days during any twelve consecutive months.

 

(c) Cause.

 

(1) At
any time during the Employment Period, the Corporation may terminate this Agreement and the Executive’s employment hereunder
for Cause. For purposes of this Agreement, “Cause” shall mean: (a) the willful and continued failure of the Executive
to perform substantially his duties and responsibilities for the Corporation (other than any such failure resulting from Executive’s
death or Disability) after a written demand by the Board for substantial performance is delivered to the Executive by the Corporation,
which specifically identifies the manner in which the Board believes that the Executive has not substantially performed his duties
and responsibilities, which willful and continued failure is not cured by the Executive within 30 calendar days of his receipt
of such written demand; (b) the conviction of, or plea of guilty or nolo contendere to, a felony, (c) violation of Sections
12, 13 or 14 of this Agreement, or (d) fraud, dishonesty or gross misconduct which is materially and demonstratively injurious
to the Corporation. Termination under clauses (b), (c) or (d) of this Section 11(c)(1) shall not be subject to cure.

 

    3

     

    

 

(2) Upon
termination of this Agreement for Cause, the Corporation shall have no further obligations or liability to the Executive or his
heirs, administrators or executors with respect to compensation and benefits thereafter, except for the obligation to pay the
Executive any earned but unpaid Base Salary, and reimbursement of any and all reasonable expenses paid or incurred by the Executive
in connection with and related to the performance of his duties and responsibilities for the Corporation during the period ending
on the termination date. The Corporation shall deduct, from all payments made hereunder, all applicable taxes, including income
tax, FICA and FUTA, and other appropriate deductions through the last date of the Executive’s employment with the Corporation.

 

(d) Change
of Control. For purposes of this Agreement, “Change of Control” shall mean the occurrence of any one or more of
the following: (i) the accumulation, whether directly, indirectly, beneficially or of record, by any individual, entity or group
(within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended) of 50% or more of the
shares of the outstanding Common Stock of the Company, whether by merger, consolidation, sale or other transfer of shares of Common
Stock (other than a merger or consolidation where the stockholders of the Company prior to the merger or consolidation are the
holders of a majority of the voting securities of the entity that survives such merger or consolidation), or (ii) a sale
of all or substantially all of the assets of the Company, provided, however, that the following acquisitions shall
not constitute a Change of Control for the purposes of this Agreement: (A) any acquisitions of Common Stock or securities convertible
into Common Stock directly from the Company, or (B) any acquisition of Common Stock or securities convertible into Common Stock
by any employee benefit plan (or related trust) sponsored by or maintained by the Company.

 

(e) Good
Reason.

 

(1) At
any time during the term of this Agreement, subject to the conditions set forth in Section 11(e)(2) below, the Executive may terminate
this Agreement and the Executive’s employment with the Corporation for “Good Reason.” For purposes of this Agreement,
“Good Reason” shall mean the occurrence of any of the following events: (A) the assignment, without the Executive’s
consent, to the Executive of duties that are significantly different from, and that result in a substantial diminution of, the
duties that he assumed on the Effective Date; (B) the assignment, without the Executive’s consent, to the Executive of a
title that is different from and subordinate to the title Chief Operating Officer; (C) any termination of the Executive’s
employment by the Company within 60 calendar days after a Change of Control, other than a termination for Cause, death or Disability;
or (D) material breach by the Company of this Agreement.

 

(2) The
Executive shall not be entitled to terminate this Agreement for Good Reason unless and until he shall have delivered written notice
to the Corporation of his intention to terminate this Agreement and his employment with the Corporation for Good Reason, which
notice specifies in reasonable detail the circumstances claimed to provide the basis for such termination for Good Reason, and
the Corporation shall not have eliminated the circumstances constituting Good Reason within 30 business days of its receipt from
the Executive of such written notice.

 

    4

     

    

 

(3) In
the event that the Executive terminates this Agreement and his employment with the Corporation for Good Reason, the Corporation
shall pay the Executive or his heirs, administrators or executors any earned but unpaid Base Salary through the Executive’s
last date of employment with the Corporation and reimbursement of any and all reasonable expenses paid or incurred by the Executive
in connection with and related to the performance of his duties and responsibilities for the Corporation during the period ending
on the termination date. The Corporation shall deduct, from all payments made hereunder, all applicable taxes, including income
tax, FICA and FUTA, and other appropriate deductions through the last date of the Executive’s employment with the Corporation.
Notwithstanding the foregoing, Executive shall be entitled to receive his regular salary for a period of 90 days after Executive’s
last day of employment in accordance with the Corporation’s regular payroll schedule and continued coverage, at the Corporation’s
expense, under all Benefits Plans in which the Executive was a participant immediately prior to his last date of employment with
the Corporation, or, in the event that any such Benefit Plans do not permit coverage of the Executive following his last date
of employment with the Corporation, under benefit plans that provide no less coverage than such Benefit Plans, for a period of
90 calendar days following the termination of employment.

 

(f) Without
“Good Reason” by Executive or Without “Cause” by the Corporation.

 

(1) By
the Executive. At any time during the term of this Agreement, the Executive shall be entitled to terminate this Agreement
and the Executive’s employment with the Corporation without Good Reason by providing prior written notice of at least 90
calendar days to the Corporation. Upon termination by the Executive of this Agreement and the Executive’s employment with
the Corporation without Good Reason, the Corporation shall have no further obligations or liability to the Executive or his heirs,
administrators or executors with respect to compensation and benefits thereafter, except for the obligation to pay the Executive
any earned but unpaid Base Salary and reimbursement of any and all reasonable expenses paid or incurred by the Executive in connection
with and related to the performance of his duties and responsibilities for the Corporation during the period ending on the termination
date. The Corporation shall deduct, from all payments made hereunder, all applicable taxes, including income tax, FICA and FUTA,
and other appropriate deductions through the last date of the Executive’s employment with the Corporation.

 

(2) By
the Corporation. At any time during the term of this Agreement, the Corporation shall be entitled to terminate this Agreement
and the Executive’s employment with the Corporation without Cause by providing prior written notice of at least 30 calendar
days to the Executive. Upon termination by the Corporation of this Agreement and the Executive’s employment with the Corporation
without Cause, the Corporation shall pay the Executive or his heirs, administrators or executors any earned but unpaid Base Salary
through the Executive’s last date of employment with the Corporation and reimbursement of any and all reasonable expenses
paid or incurred by the Executive in connection with and related to the performance of his duties and responsibilities for the
Corporation during the period ending on the termination date. The Corporation shall deduct, from all payments made hereunder,
all applicable taxes, including income tax, FICA and FUTA, and other appropriate deductions through the last date of the Executive’s
employment with the Corporation. Notwithstanding the foregoing, Executive shall be entitled to receive his regular salary plus
all benefits under the Benefit Plan for a period of 90 days after Executive’s last day of employment and continued coverage,
at the Corporation’s expense, under all Benefits Plans in which the Executive was a participant immediately prior to his
last date of employment with the Corporation, or, in the event that any such Benefit Plans do not permit coverage of the Executive
following his last date of employment with the Corporation, under benefit plans that provide no less coverage than such Benefit
Plans, for a period of 90 calendar days following the termination of employment

 

    5

     

    

 

12. Confidential
Information.

 

(a) Disclosure
of Confidential Information. The Executive recognizes, acknowledges and agrees that he has had and will continue to have access
to secret and confidential information regarding the Corporation, its subsidiaries and their respective businesses (“Confidential
Information”), including but not limited to, its products, formulae, patents, sources of supply, customer dealings,
data, know-how and business plans, provided such information is not in or does not hereafter become part of the public domain,
or become known to others through no fault of the Executive. The Executive acknowledges that such information is of great value
to the Corporation, is the sole property of the Corporation, and has been and will be acquired by him in confidence. In consideration
of the obligations undertaken by the Corporation herein, the Executive will not, at any time, during or after his employment hereunder,
reveal, divulge or make known to any person, any information acquired by the Executive during the course of his employment, which
is treated as confidential by the Corporation, and not otherwise in the public domain. The provisions of this Section 12
shall survive the termination of the Executive’s employment hereunder.

 

(b) The
Executive affirms that he does not possess and will not rely upon the protected trade secrets or confidential or proprietary information
of any prior employer(s) in providing services to the Corporation.

 

(c) In
the event the Executive breaches any provisions of this Section 12 or there is a threatened breach, then, in addition to any other
rights that the Corporation may have, the Corporation shall be entitled, without the posting of a bond or other security, to injunctive
relief to enforce the restrictions contained herein. In the event that an actual proceeding is brought in equity to enforce the
provisions of this Section 12, Executive shall not urge as a defense that there is an adequate remedy at law, nor shall the Corporation
be prevented from seeking any other remedies, which may be available. In addition, Executive agrees that in the event that he
breaches the covenants in this Section 12, in addition to any other rights that the Corporation may have, Executive shall be required
to pay to the Corporation any amounts he received in connection with such breach.

 

(d) Executive
recognizes that in the course of his duties hereunder, he may receive from the Corporation or others information, which may be
considered “material, non-public information” concerning a public company that is subject to the reporting requirements
of the United States Securities Exchange Act of 1934, as amended. Executive agrees not to:

 

(1)
Buy, sell, or exchange any security, option, bond, or warrant while in possession of relevant material, non-public
information received for the Corporation or others in connection herewith, and

 

    6

     

    

 

(2)
Provide the Corporation with information with respect to any public company that may be considered material, non-public
information, unless first specifically agreed to in writing by the Corporation.

 

(e) In
the event that the Executive’s employment with the Corporation terminates for any reason, the Executive shall deliver forthwith
to the Corporation any and all originals and copies, including those in electronic or digital formats, of Confidential Information.

 

13. Inventions
Discovered by Executive.

 

(a) The
Executive shall promptly disclose to the Corporation any invention, improvement, discovery, process, formula, or method or other
intellectual property, whether or not patentable or copyrightable (collectively, “Inventions”), conceived or first reduced
to practice by the Executive, either alone or jointly with others, while performing
services hereunder (or, if based on any Confidential Information, within one (1) year after the Term), (a) which pertain to any
line of business activity of the Corporation, whether then conducted or then being actively planned by the Corporation, with which
the Executive was or is involved, (b) which is developed using time, material or
facilities of the Corporation, whether or not during working hours or on the Corporation premises, or (c) which directly relates
to any of the Executive ’s work during the Term, whether or not during normal working
hours. The Executive hereby assigns to the Corporation all of the Executive’s
right, title and interest in and to any such Inventions. During and after the Term, the Executive
shall execute any documents necessary to perfect the assignment of such Inventions to the Corporation and to enable the
Corporation to apply for, obtain and enforce patents, trademarks and copyrights in any and all countries on such Inventions, including,
without limitation, the execution of any instruments and the giving of evidence and testimony, without further compensation beyond
the Executive ’s agreed compensation during the course of the Executive
’s employment. All such acts shall be done without cost or expense to Executive.
Executive shall be compensated for the giving of evidence or testimony after the
term of Executive’s employment at the rate of $500/day. Without limiting the foregoing,
the Executive further acknowledges that all original works of authorship by the Executive,
whether created alone or jointly with others, related to the Executive’s employment
with the Corporation and which are protectable by copyright, are “works made for hire” within the meaning of the United
States Copyright Act, 17 U.S.C. (S) 101, as amended, and the copyright of which shall be owned solely, completely and exclusively
by the Corporation. If any Invention is considered to be work not included in the categories of work covered by the United States
Copyright Act, 17 U. S. C. (S) 101, as amended, such work is hereby assigned or transferred completely and exclusively to the
Corporation. The Executive hereby irrevocably designates counsel to the Corporation
as the Executive’s agent and attorney-in-fact to do all lawful acts necessary
to apply for and obtain patents and copyrights and to enforce the Corporation’s rights under this Section. This Section 13 shall
survive the termination of this Agreement. Any assignment of copyright hereunder includes all rights of paternity, integrity,
disclosure and withdrawal and any other rights that may be known as or referred to as “moral rights” (collectively “Moral
Rights”). To the extent such Moral Rights cannot be assigned under applicable law and to the extent the following is allowed
by the laws in the various countries where Moral Rights exist, the Executive hereby
waives such Moral Rights and consents to any action of the Corporation that would violate such Moral Rights in the absence of
such consent. The Executive agrees to confirm any such waivers and consents from
time to time as requested by the Corporation.

 

    7

     

    

 

14. Non-Competition
and Non-Solicitation.

 

(a) The
Executive agrees and acknowledges that the Confidential Information that the Executive has already received and will receive is
valuable to the Corporation and that its protection and maintenance constitutes a legitimate business interest of the Corporation,
to be protected by the non-competition restrictions set forth herein. The Executive agrees and acknowledges that the non-competition
restrictions set forth herein are reasonable and necessary and do not impose undue hardship or burdens on the Executive. The Executive
also acknowledges that the products and services developed or provided by the Corporation, its affiliates and/or its clients or
customers are or are intended to be sold, provided, licensed and/or distributed to customers and clients in and throughout the
United States (the “Territory”) (to the extent the Corporation comes to operate, either directly or through
the engagement of a distributor or joint or co-venturer, or sell a significant amount of its products and services to customers
located, in areas other than the United States during the term of the Employment Period, the definition of Territory shall be
automatically expanded to cover such other areas), and that the Territory, scope of prohibited competition, and time duration
set forth in the non-competition restrictions set forth below are reasonable and necessary to maintain the value of the Confidential
Information of, and to protect the goodwill and other legitimate business interests of, the Corporation, its affiliates and/or
its clients or customers.

 

(b) The
Executive hereby agrees and covenants that he shall not, without the prior written consent of the Corporation, directly or indirectly,
in any capacity whatsoever, including, without limitation, as an employee, employer, consultant, principal, partner, shareholder,
officer, director or any other individual or representative capacity (other than a holder of less than two percent (2%) of the
outstanding voting shares of any publicly held company), or whether on the Executive’s own behalf or on behalf of any other person
or entity or otherwise howsoever, during the Employment Period and thereafter to the extent described below, within the Territory:

 

(1) Engage,
own, manage, operate, control, be employed by, consult for, participate in, or be connected in any manner with the ownership,
management, operation or control of any business in competition with the business of the Corporation;

 

(2) Recruit,
solicit or hire, or attempt to recruit, solicit or hire, any employee, or independent contractor of the Corporation to leave the
employment (or independent contractor relationship) thereof, whether or not any such employee or independent contractor is party
to an employment agreement;

 

(3) Attempt
in any manner to solicit or accept from any customer of the Corporation, with whom the Corporation had significant contact during
Executive’s employment by the Corporation (whether under this Agreement or otherwise), business of the kind or competitive
with the business done by the Corporation with such customer or to persuade or attempt to persuade any such customer to cease
to do business or to reduce the amount of business which such customer has customarily done or might do with the Corporation,
or if any such customer elects to move its business to a person other than the Corporation, provide any services (of the kind
or competitive with the Business of the Corporation) for such customer, or have any discussions regarding any such service with
such customer, on behalf of such other person; or

 

    8

     

    

 

(4) Interfere
with any relationship, contractual or otherwise, between the Corporation and any other party, including, without limitation, any
supplier, distributor, co-venturer or joint venturer of the Corporation to discontinue or reduce its business with the Corporation
or otherwise interfere in any way with the Business of the Corporation.

 

With
respect to the activities described in Paragraphs (2), (3) and (4) above, the restrictions of this Section
14(b) shall continue beyond the Employment Period until two years following the termination of this Agreement or of the Executive’s
employment with the Corporation, whichever occurs later. Furthermore, if the Corporation terminates Executive’s employment
for Cause or if Executive terminates his employment without Good Reason, then the restrictions of this Section 14(b) shall
continue with respect to the activities described in Paragraph (1), above, beyond the Employment Period until one year
following the termination of this Agreement or of the Executive’s employment with the Corporation, whichever occurs later.

 

15. Miscellaneous.

 

(a) Breach
of Sections 12, 13, and/or 14 of This Agreement. The Executive acknowledges that the services to be rendered by him under
the provisions of this Agreement are of a special, unique and extraordinary character and that it would be difficult or impossible
to replace such services. Furthermore, the parties acknowledge that monetary damages alone would not be an adequate remedy for
any breach by the Executive of Section 12, Section 13, and/or Section 14 of this Agreement. Accordingly,
the Executive agrees that any breach or threatened breach by him of Section 12, Section 13, and/or Section 14
of this Agreement shall entitle the Corporation, in addition to all other legal remedies available to it, to apply to any
court of competent jurisdiction to seek to enjoin such breach or threatened breach. The parties understand and intend that each
restriction agreed to by the Executive hereinabove shall be construed as separable and divisible from every other restriction,
that the unenforceability of any restriction shall not limit the enforceability, in whole or in part, of any other restriction,
and that one or more or all of such restrictions may be enforced in whole or in part as the circumstances warrant. In the event
that any restriction in this Agreement is more restrictive than permitted by law in the jurisdiction in which the Corporation
seeks enforcement thereof, such restriction shall be limited to the extent permitted by law. The remedy of injunctive relief herein
set forth shall be in addition to, and not in lieu of, any other rights or remedies that the Corporation may have at law or in
equity.

 

(b) Assignments
and Delegations. Neither the Executive nor the Corporation may assign or delegate any of their rights or duties under this
Agreement without the express written consent of the other; provided, however, that the Corporation shall have the
right to delegate its obligation of payment of all sums due to the Executive hereunder, provided that such delegation shall not
relieve the Corporation of any of its obligations hereunder.

 

    9

     

    

 

(c) Entire
Agreement. This Agreement constitutes and embodies the full and complete understanding and agreement of the parties with respect
to the Executive’s employment by the Corporation, supersedes all prior understandings and agreements, whether oral or written,
between the Executive and the Corporation, and shall not be amended, modified or changed except by an instrument in writing executed
by the party to be charged. The invalidity or partial invalidity of one or more provisions of this Agreement shall not invalidate
any other provision of this Agreement. No waiver by either party of any provision or condition to be performed shall be deemed
a waiver of similar or dissimilar provisions or conditions at the same time or any prior or subsequent time.

 

(d) Binding
Effect. This Agreement shall inure to the benefit of, be binding upon and enforceable against, the parties hereto and their
respective successors, heirs, beneficiaries and permitted assigns.

 

(e) Non-
Waiver. The failure of either party to insist upon the strict performance of any of the terms, conditions and provisions of
this Agreement shall not be construed as a waiver or relinquishment of future compliance therewith, and said terms, conditions
and provisions shall remain in full force and effect. No waiver of any term or condition of this Agreement on the part of either
party shall be effective for any purpose whatsoever unless such waiver is in writing and signed by such party.

 

(f) Headings.
The headings contained in this Agreement are for convenience of reference only and shall not affect in any way the meaning or
interpretation of this Agreement.

 

(g) Severability.
If any provision of this Agreement shall be declared by a court of competent jurisdiction to be invalid, illegal or incapable
of being enforced in whole or in part, such provision shall be interpreted so a to remain enforceable to the maximum extent permissible
consistent with applicable law and the remaining conditions and provisions or portions thereof shall nevertheless remain in full
force and effect and enforceable to the extent they are valid, legal and enforceable, and no provision shall be deemed dependent
upon any other covenant or provision unless so expressed herein.

 

(h) Notices.
All notices, requests, demands and other communications required or permitted to be given hereunder shall be in writing and shall
be deemed to have been duly given when personally delivered, sent by registered or certified mail, return receipt requested, postage
prepaid, or by reputable national overnight delivery service (e.g. Federal Express) for overnight delivery to the party at the
address set forth in the preamble to this Agreement, or to such other address as either party may hereafter give the other party
notice of in accordance with the provisions hereof. Notices shall be deemed given on the sooner of the date actually received
or the third business day after deposited in the mail or one business day after deposited with an overnight delivery service for
overnight delivery.

 

(i) Governing
Law, Venue, and Dispute Resolution. This Agreement shall be construed in accordance with and governed by the laws of the State
of Florida, without giving effect to its conflict of law principles. The Executive and the Corporation agree that any controversy
or claim arising out of or related to this Agreement that is not resolved by the parties shall be settled by arbitration administered
by the American Arbitration Association under its National Rules for the Resolution of Employment Disputes.  Said arbitration
shall be conducted in Miami Dade County, Florida, pursuant to the laws of the State of Florida.  The parties further agree
that the arbitrator may resolve issues of contract interpretation as well as law and award damages, if any, to the extent provided
by the Agreement or applicable law.  The parties agree that the costs of the arbitrator’s services shall be borne by
the prevailing party.  The parties further agree that the arbitrator’s decision will be final and binding and enforceable
in any court of competent jurisdiction. 

 

(j) Attorney’s
Fees. In any action or proceeding brought by any party to enforce any provision of this Agreement, the prevailing party as
the case may be, shall be entitled to recover reasonable attorneys’ fees in addition to its costs and expenses and any other
available remedies.

 

(k) Execution.
This Agreement may be executed simultaneously in two or more counterparts, each of which shall be deemed an original, but all
of which together shall constitute one of the same instrument. The parties hereto have executed this Agreement as of the date
set forth above.

 

(l) Authority.
The Executive represents and warrants to the Corporation, that he has the full power and authority to enter into this Agreement
and to perform his obligations hereunder and that the execution and delivery of this Agreement and the performance of his obligations
hereunder will not conflict with any agreement to which Executive is a party.

 

[Signature
page follows immediately]

 

    10

     

    

 

IN
WITNESS WHEREOF, the Executive and the Corporation have caused this Executive Employment Agreement to be executed as of the date
first above written.

 

	 	/s/ Birute Norkute
	 	BIRUTE NORKUTE    
	 	 	 
	 	PROGRESSIVE CARE, INC.
	 	 	 
	 	By:	/s/
    Shital Parikh Mars
	 	Name: 	Shital
    Parikh Mars
	 	Title:	Chief
    Executive Officer

 

 

11

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