Document:

PREMIER BEVERAGE GROUP CORP.

 

Consulting Agreement

 

THIS CONSULTING AGREEMENT
(“Agreement”) made and entered into this 27th day of May, 2013 by and between PREMIER BEVERAGE GROUP CORP.
(together with its successors, the “Company”), a Nevada corporation located at 501 Madison Avenue, Suite 501, New York,
NY 10022, and RICHARD FISHER (“Consultant”).

 

1. Performance of
Services. Consultant will perform in a professional and expeditious manner all services for the Company which the Company and
Consultant mutually agree should be performed by it. Consultant will report the progress of all such work upon request of the Company
or, if no such request is made, on a regular basis. The services to be performed shall consist generally of providing legal services
directed at the preparation and review of filings under the Securities Exchange Act of 1934 and measures required to recapitalize
the Company, including increasing the number of shares it is authorized to issue. Consultant shall devote such business time, labor,
skill, attention and best ability to the performance of his duties hereunder in a manner which will faithfully and diligently further
the business and interests of the Company but shall not be required to devote full time to the business.

 

2. Term. The
term of this Agreement shall be for three months commencing on the date hereof.

 

3. Compensation.
 The Company shall pay total cash compensation to Consultant for the term of $25,000, payable $8,334 on the date hereof, $8,333
on June 20, 2013 and $8,333 on July 20, 2013.

 

4. Expenses.
Consultant shall be entitled to reimbursement for expenses incurred by him in connection with the performance of his duties hereunder
upon receipt of vouchers therefore in accordance with such procedures as the Company has heretofore or may hereafter establish.

 

5. Independent Contractor.
In furnishing services, Consultant will at all times be acting as an independent contractor. As such, Consultant will not solely
by reason this Agreement or his services hereunder be entitled to participate in or to receive any benefit or right under any of
the Company’s employee stock, benefit or welfare plans. Consultant agrees to report his compensation from the Company as
income from self employment and to pay all self employment and other taxes required by law to be paid with respect to such compensation
as and when the same shall become due and payable.

 

6. Company-Furnished
Information. All information furnished by the Company to Consultant or acquired at the Company’s expense by Consultant
(herein collectively “Company Information”) shall be and remain the sole property of the Company. Consultant agrees
to use Company Information solely for the benefit of the Company, to mark and handle all Company Information in accordance with
established Company policy, and not to remove or permit the removal of any Company Information from the Company’s premises
without its prior written consent. Consultant shall be fully responsible for the care and protection of any Company Information
which may be in his possession or custody and shall deliver all Company Information to the Company at its request upon completion
of all work under this Agreement.

 

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7. Consultant Work
Product. All right title and interest in and to any work-product which Consultant acquires, compiles, authors, makes or otherwise
generates, in whole or in part, including all works authored, for use in connection with or arising out of or in relation to the
services described in this Agreement, whether or not copyrightable or patentable (hereinafter “Consultant Work Product”),
shall belong exclusively to the Company. During and after the term of this Agreement, Consultant shall execute, acknowledge, seal
and deliver all documents, including, without limitation, all instruments of assignment, patent and copyright applications and
supporting documentation, and perform all acts, which the Company may request to secure its rights hereunder and to carry out the
intent of this Agreement. Consultant will use, mark, handle, protect and deliver all Consultant Work Product in the same manner
as is provided in Section 6 for Company Information.

 

8. Confidentiality
and Attorney-Client Privilege. During and after the term of this Agreement, Consultant shall not, without first obtaining the
written consent of the Company, divulge or disclose to anyone outside the Company, whether by private communication or by public
address or publication, or otherwise, any information not already lawfully available to the public concerning any and all Company
Information, any or all information acquired by Consultant during the course of his consulting services from or pertaining to any
business or licensors or customers of the Company, and any and all Consultant Work Product which is maintained in secrecy or confidence
by the Company or by any person or entity affiliated with the Company by employment, ownership, participation in a joint venture,
licensing arrangement, contract or otherwise. Nothing herein shall be construed to limit the attorney-client privilege under applicable
law.

 

9. Trade Secrets.
 Consultant will not, during the term of service to the Company or thereafter, disclose to others or use for his own benefit
any trade secrets acquired from the Company, its customers, suppliers, consultants or affiliates, except to the extent that the
disclosure of such trade secrets is necessary to perform his duties and fulfill his responsibilities as a consultant to the Company.
(A trade secret is information not generally known to the trade which gives the Company an advantage over its competitors. Trade
secrets can include, by way of example, products under development, production methods and processes, sources of supply, materials
used in manufacture, customer lists, costs of parts and materials, business and marketing plans, and information concerning the
filing or pendency of patent applications.)

 

10. Conflict of
Interest. Consultant agrees that it shall be his responsibility to recognize, disclose and avoid any situation which might,
either directly or indirectly, adversely affect his judgment in acting for the Company or which might otherwise involve a conflict
between personal interest and the interests of the Company.

 

11.  Non-Solicitation.
This Agreement is intended to secure to the Company the help and cooperation of Consultant and to generate good will on the Company’s
behalf. Consultant agrees that for a period of one year after the termination of his consulting services with the Company for any
reason, Consultant will not solicit, induce, attempt to hire, or hire any employee of the Company, or assist in such hiring by
any other person, organization, firm or business, or encourage any such employee to terminate his or her employment with the Company.

 

12. Legal Services.
The Company acknowledges that it has come to The Commonwealth of Massachusetts to obtain Consultant’s legal services, that
this agreement as it relates to the provision of legal services is formed in The Commonwealth of Massachusetts, and that The Commonwealth
of Massachusetts Rules of Professional Conduct shall apply thereto.

 

13. Entire Agreement
and Amendment. This Agreement fully expresses the entire and only agreement between the Company and Consultant respecting his
services as a consultant. All prior and collateral understandings, agreements and promises with respect thereto are merged into
this Agreement. This Agreement may not be modified, waived, or extended unless agreed to in writing by an authorized officer of
the Company and Consultant.

 

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14. Severability.
In case any one or more of the provisions or part of a provision contained in this Agreement an Plan shall, for any reason, be
held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any
other provision of this Agreement, but this Agreement shall be construed as if such invalid, illegal or unenforceable provision
or part of a provision had never been contained herein. In the event that any provision of this Agreement shall be determined to
be unenforceable by any court of competent jurisdiction by reason of extending for too great a period of time or over too large
a geographic area or over too great a range of activities, it shall be interpreted to extend only over the maximum period of time,
geographic area or range of activities as to which it may be enforceable.

 

15. Applicable Law.
This Agreement shall be construed, interpreted and applied in accordance with the substantive laws of The Commonwealth of Massachusetts.

 

16. Notice.
Any written notice to be given under the Agreement must be delivered in person or given by registered or certified mail:

 

	
        If to the Company, to:

         
	
        Premier Beverage Group Corp.

        501 Madison Avenue

        Suite 501

        New York, NY 10022

        Attention: Fouad Kallamni

         

	
        If to Consultant, to:

         
	
        Richard Fisher

        337 Rumstick Road

        Barrington, RI 02806

 

17. Assignment.
 Consultant agrees not to assign or delegate any right or obligation under this Agreement.

 

18. Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same instrument, and in pleading or proving any provision of this Agreement, it shall not be necessary
to produce more than one of such counterparts.

 

* * *

 

IN WITNESS WHEREOF,
the parties have executed or caused to be executed this Agreement as of the date first above written.

  

	PREMIER BEVERAGE GROUP CORP. 	 
	 	______________________
	By: _____________________  	Richard Fisher
	       Its President	 

 

    	Page 3Convertible
Promissory Note

 

	No. 2013-1-20000	 
	 	 
	$20,000.00	New York, New York
	 	June 3, 2013

 

For
Value Received, Premier Beverage Group Corp., a Nevada corporation,
(“Borrower”) promises to pay to the order of [                           ]
(“Lender”) the principal amount (“Principal Amount”) of TWENTY THOUSAND AND 00/100
DOLLARS ($20,000.00), together with interest payable at the rate and in the manner provided in Sections 1 and 2 of this Convertible
Promissory Note (“Note”), and any costs and expenses, including reasonable attorneys’ fees, incurred by
Lender in collection of this Note.

 

1.          Interest
Rate. Interest on the unpaid principal balance hereof shall be payable at the rate (calculated on the basis of a 360-day year
consisting of twelve 30-day months) of eight percent (8%) per annum from the date hereof until the Maturity Date or the earlier
repayment of this Note.

 

2.          Balloon
Payment. The Principal Amount and all accrued and unpaid interest and any other amounts due hereunder shall be due and payable
on December 31, 2013 (the “Maturity Date”). Payments from Borrower hereunder shall be applied first to expenses,
if any, then to late charges, if any, then to accrued interest, and then to the unpaid Principal Amount.

 

3.          Default
Rate of Interest. In the event the Principal Amount and all accrued interest are not fully paid on the Maturity Date, then
interest shall accrue on all amounts outstanding thereafter at an annual interest rate equal to fifteen percent (15%) per annum
(the “Default Rate”). The Default Rate shall be applicable from the date the applicable Event of Default occurs until
it is cured, or, if not first cured, until all amounts owing have been unconditionally and irrevocably paid full.

 

4.          Prepayment.
Borrower may prepay this Note in whole or in part at any time without premium or penalty. All prepayments shall be applied as provided
in Section 2 of this Note.

 

5.          Convertibility.
At any time at the election of the Holder before the Principal Amount of the Note is repaid in full, the Holder may convert the
then unpaid Principal Amount and all accrued interest into shares of the Company’s common stock, par value $.00015 per share
(“Common Stock”), at a conversion price of $0.01 per share.

 

6.          Exchange
of Note. This Note is issued in exchange for Convertible Promissory Note No. 2012-1-20000 dated March 28, 2012 (the “Old
Note”) pursuant to Section 6 thereof, and the Old Note is hereby cancelled.

 

    	 

    	 

    

 

7.          Payment
Obligation. The obligations to make the payments provided for in this Note are absolute and unconditional and not subject
to any defense, set-off, counterclaim, rescission, recoupment, or adjustment whatsoever. Borrower hereby expressly waives demand
and presentment for payment, notice of non-payment, notice of dishonor, protest, notice of protest, bringing of suit, and diligence
in taking any action to collect any amount called for hereunder, and shall be directly and primarily liable for the payment of
all sums owing and to be owing hereon, regardless of and without any notice, diligence, act, or omission with respect to the collection
of any amount called for hereunder. No delay by Lender in exercising any
of the rights he may have hereunder shall operate as a waiver of any his rights under this Note, and any waiver granted for one
occasion shall not operate as a waiver in the event of any subsequent default.

 

9.          Amendment.
No agreement by the holder to change, waive or release the terms of this Note will be valid unless it is in writing and signed
by Borrower and Lender.

 

10.         Governing
Law. This Note has been negotiated and consummated in the State of New York and shall be construed in accordance with
and governed by the internal laws of the State of New York without giving effect to any choice of law rule that would cause the
application of the laws of any jurisdiction other than the internal laws of the State of New York to the rights and duties of the
parties. All disputes and controversies arising out of or in connection with this Note shall be resolved exclusively by the state
or federal courts located in New York County in the State of New York, and the Company and the Holder by his acceptance hereof
agrees to submit to the jurisdiction of said courts and agrees that venue shall lie exclusively with such courts.

 

BORROWER HEREBY IRREVOCABLY
AND UNCONDITIONALLY SUBMITS TO THE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK AND OF THE FEDERAL COURTS SITTING IN THE
STATE OF NEW YORK. THE COMPANY AGREES THAT ALL ACTIONS OR PROCEEDINGS ARISING OUT OF OR RELATING TO THIS NOTE OR THE TRANSACTIONS
CONTEMPLATED HEREBY MUST BE LITIGATED EXCLUSIVELY IN ANY SUCH STATE OR FEDERAL COURT THAT SITS IN THE CITY OF NEW YORK, AND ACCORDINGLY,
BORROWER IRREVOCABLY WAIVES ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF THE VENUE OF ANY SUCH LITIGATION
IN ANY SUCH COURT.

 

BORROWER HEREBY WAIVES,
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY
OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS NOTE.

 

In the event that any
suit or action is instituted to enforce any provision in this Note, the prevailing party in such dispute shall be entitled to recover
from the losing party all fees, costs and expenses of enforcing any right of such prevailing party under or with respect to this
Note, including without limitation, such reasonable fees and expenses of attorneys and accountants, which shall include, without
limitation, all fees, costs and expenses of appeals.

 

11.         Usury.
Regardless of any other provision of this Note or any other agreement, document or instrument pertaining to this Note, if, for
any reason, the effective interest payable on this Note should exceed the maximum lawful interest, the effective interest payable
on this Note shall be deemed reduced to, and shall be, such maximum lawful interest, and (i) the amount which would be excessive
interest shall be deemed applied to the reduction of the principal balance of this Note and not to the payment of interest, and
(ii) if the Principal Amount and all accrued interest of this Note has been or is thereby paid in full, the excess shall be returned
to the party paying same, such application to the Principal Amount of this Note or the refunding of excess to be a complete settlement
and acquittance thereof.

 

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12.         Severability.
In case any one or more of the provisions contained in this Note, or any of the documents or agreements contemplated hereby, should
be invalid, illegal or unenforceable in any respect, the validity, legality, and enforceability of the remaining provisions contained
herein shall not in any way be affected or impaired thereby.

 

12.         Captions.
The articles and section captions are inserted herein only as a matter of convenience and for reference, and in no way define,
limit or describe the scope or intent of any such article or section, nor in any way affect this Note.

 

* * *

 

In
Witness Whereof, Borrower has caused this Note to be executed on its behalf by its officer who has been duly authorized
for that purpose.

 

	 	Borrower:	 
	 	 	 
	 	Premier Beverage Group Corp.	 
	 	 	 	 
	 	By:	 	 
	 	 	Fouad Kallamni  	 
	 	 	President	 

 

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