Document:

Exhibit 10.1

 

 

 

LOCK-UP AGREEMENT

 

THIS
LOCK-UP AGREEMENT (this “Agreement”) is dated as of [·], 2022, by and
between the stockholder of Cardio Diagnostics, Inc. set forth on the signature page to this Agreement (the “Holder”)
and Mana Capital Acquisition Corp., a Delaware corporation (the “Parent”). Capitalized terms used and not otherwise
defined herein shall have the meanings given such terms in the Merger Agreement (as defined below).

 

BACKGROUND

 

A.
The Parent has entered into that certain Merger Agreement and Plan of Reorganization, dated as of May 27, 2022, as amended (the “Merger
Agreement”), by and among the Parent, Cardio Diagnostics, Inc. (the “Company”), Mana Merger Sub Inc., a
wholly-owned subsidiary of Parent (“Merger Sub”), and Meeshanthini (Meesha) Dogan, as the representative of the stockholders
of the Company. 

B.
The Merger Agreement provides for, among other things, the merger of Merger Sub with and into the Company (“Merger”)
and the conversion of shares of Company Common Stock into the right to receive the Per Share Merger Consideration, in the amounts for
each Stockholder set forth in the schedules to the Merger Agreement. 

C.
Each Holder is either (A) the record and/or beneficial owner of shares of common stock of the Company or (B) contractually entitled to
receive shares of common stock of the Company and is therefore entitled to receive Per Share Merger Consideration pursuant to the Merger
Agreement at the effective time of the Merger. 

D.
As a condition of, and as a material inducement for the Parent to enter into and consummate the transactions contemplated by the Merger
Agreement, the Holder has agreed to execute and deliver this Agreement. 

NOW,
THEREFORE, for and in consideration of the mutual covenants and agreements set forth herein, and other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the parties, intending to be legally bound, agree as follows:

AGREEMENT

1.
Lock-Up. 

(a)
During the Lock-up Period (as defined below), the Holder irrevocably agrees that it, he or she will
not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, any of the Lock-up Shares (as defined below)
(including any securities convertible into, or exchangeable for, or representing the rights to receive, Lock-up Shares), enter into a
transaction that would have the same effect, or enter into any swap, hedge or other arrangement that transfers, in whole or in part,
any of the economic consequences of ownership of such Lock-up Shares, whether any of these transactions are to be settled by delivery
of any such Lock-up Shares, in cash or otherwise, publicly disclose the intention to make any offer, sale, pledge or disposition, or
to enter into any transaction, swap, hedge or other arrangement, or engage in any Short Sales (as defined below) with respect to any
security of the Parent.

(b)
In furtherance of the foregoing, the Parent will (i) place an irrevocable stop order on all shares
of Parent Common Stock issuable to it as Per Share Merger Consideration which are Lock-up Shares, including those which may be covered
by a registration statement, and (ii) notify the Parent’s stock transfer agent in writing of the stop order and the restrictions
on such Lock-up Shares under this Agreement and direct the Parent’s transfer agent not to process any attempts by the Holder to
resell or transfer any Lock-up Shares, except in compliance with this Agreement.

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(c)
For purposes hereof, “Short Sales” include, without limitation, all “short
sales” as defined in Rule 200 promulgated under Regulation SHO under the Securities Exchange Act of 1934, as amended (the “Exchange
Act”) and all types of direct and indirect stock pledges, forward sale contracts, options, puts, calls, swaps and similar arrangements
(including on a total return basis), and sales and other transactions through non-US broker dealers or foreign regulated brokers.

(d)
For purpose of this agreement, “Lock-up Period” shall mean the period
commencing on the Closing Date (as determined in accordance with the Merger Agreement) and expiring at 5:00 p.m. (Eastern time) on the
date that is the six-month anniversary date of the Closing Date.

2.
Representations and Warranties. Each of the parties hereto, by their respective execution
and delivery of this Agreement, hereby represents and warrants to the others and to all third party beneficiaries of this Agreement that
(a) such party has the full right, capacity and authority to enter into, deliver and perform its respective obligations under this Agreement,
(b) this Agreement has been duly executed and delivered by such party and is the binding and enforceable obligation of such party, enforceable
against such party in accordance with the terms of this Agreement, and (c) the execution, delivery and performance of such party’s
obligations under this Agreement will not conflict with or breach the terms of any other agreement, contract, commitment or understanding
to which such party is a party or to which the assets or securities of such party are bound. The Holder has independently evaluated the
merits of its decision to enter into and deliver this Agreement, and such Holder confirms that it has not relied on the advice of the
Parent, the Parent’s legal counsel, or any other person.
3.
                                            Beneficial Ownership. The Holder hereby represents
                                            and warrants that it does not beneficially own, directly or through its nominees (as determined
                                            in accordance with Section 13(d) of the Exchange Act, and the rules and regulations promulgated
                                            thereunder), any shares of capital stock of the Parent, or any economic interest in or derivative
                                            of such stock, other than those shares of Parent Common Stock specified on the signature
                                            page hereto. For purposes of this Agreement, the shares of Parent Common Stock beneficially
                                            owned by the Holder as specified on the signature hereto, together with any shares of Parent
                                            Common Stock acquired during the Lock-Up Period, if any, are collectively referred to as
                                            the “Lock-up Shares”; provided, however, that the number of shares of
                                            Parent Common Stock that otherwise would be Lock-up Shares shall be reduced (pro-rata for
                                            all Holders executing this Agreement) solely to the extent necessary to ensure that as of
                                            the Closing of the Merger, the Market Value of Unrestricted Publicly Held Shares (as such
                                            terms are defined in Rule 5005(a)(23) and 5005(a)(46), respectively, of the Nasdaq Listing
                                            Rules) of the Parent is sufficient to meet the requirements of Rule 5405(b)(3)(B).

4.
No Additional Fees/Payment. Other than the consideration specifically referenced herein,
the parties hereto agree that no fee, payment or additional consideration in any form has been or will be paid to the Holder in connection
with this Agreement.

5.
Notices. Any notices required or permitted to be sent hereunder shall be delivered personally
or by courier service to the following addresses, or such other address as any party hereto designates by written notice to the other
party. Provided, however, a transmission per telefax or email shall be sufficient and shall be deemed to be properly served when the
telefax or email is received if the signed original notice is received by the recipient within three (3) calendar days thereafter.

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		(a)	If to
                                            the Parent:

 

Mana Capital Acquisition
Corp.

8 The Green, Suite 12490

Dover, DE 19901

Attn: Jonathan Intrater,
Chief Executive Officer

e-mail: intrabel@comcast.net

 

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

 

Becker
& Poliakoff LLP

45
Broadway, 17th Floor

New
York, NY 10017

Attention:
Jie Chengying Xiu, Esq.

Email:
jxiu@beckerlawyers.com

 

		(b)	If to
                                            the Holder, to the address set forth on the Holder’s signature page hereto, with a
                                            copy, which shall not constitute notice, to:

 

Shartsis Friese LLP

1 Maritime Plaza, 18th
Floor

San Francisco, CA 94111

Attention: P. Rupert
Russell

Email: rrussell@sflaw.com

 

or to such other
address as any party may have furnished to the others in writing in accordance herewith.

6.
Enumeration and Headings. The enumeration and headings contained in this Agreement are for
convenience of reference only and shall not control or affect the meaning or construction of any of the provisions of this Agreement.

7.
Counterparts. This Agreement may be executed in facsimile and in any number of counterparts,
each of which when so executed and delivered shall be deemed an original, but all of which shall together constitute one and the same
agreement.

8.
Successors and Assigns. This Agreement and the terms, covenants, provisions and conditions
hereof shall be binding upon, and shall inure to the benefit of, the respective heirs, successors and assigns of the parties hereto.
The Holder hereby acknowledges and agrees that this Agreement is entered into for the benefit of and is enforceable by the Parent and
its successors and assigns. The Holder acknowledges and understands that Mana Capital Acquisition Corp. intends to change its corporate
name to Cardio Diagnostics, Inc. subsequent to the Merger. 

9.
Severability. If any provision of this Agreement is held to be invalid or unenforceable for
any reason, such provision will be conformed to prevailing law rather than voided, if possible, in order to achieve the intent of the
parties and, in any event, the remaining provisions of this Agreement shall remain in full force and effect and shall be binding upon
the parties hereto.

10.
Amendment. This Agreement may be amended or modified by written agreement executed by each
of the parties hereto. 

11.
Further Assurances. Each party shall do and perform, or cause to be done and performed, all
such further acts and things, and shall execute and deliver all such other agreements, certificates, instruments and documents, as any
other party may reasonably request in order to carry out the intent and accomplish the purposes of this Agreement and the consummation
of the transactions contemplated hereby.

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12.
No Strict Construction. The language used in this Agreement will be deemed to be the language
chosen by the parties to express their mutual intent, and no rules of strict construction will be applied against any party.

13.
Dispute Resolution. Article XII of the Merger Agreement regarding arbitration of disputes
is incorporated by reference herein to apply with full force to any disputes arising under this Agreement. 

14.
Governing Law. The terms and provisions of this Agreement shall be construed in accordance
with the laws of the State of New York. 

15.
Controlling Agreement. To the extent the terms of this Agreement (as amended, supplemented,
restated or otherwise modified from time to time) directly conflicts with a provision in the Merger Agreement, the terms of this Agreement
shall control.

 

[Signature Page Follows]

 

 

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IN
WITNESS WHEREOF, the parties hereto have caused this Lock-Up Agreement to be duly executed by their respective authorized signatories
as of the date first indicated above.

 

	 	MANA CAPITAL ACQUISITION CORP.
	 	 	 
	 	 	 
	 	By	 
	 	 	Name: Jonathan Intrater
	 	 	Title: Chief Executive Officer
	 	 	 

 

 

 

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IN
WITNESS WHEREOF, the parties hereto have caused this Lock-Up Agreement to be duly executed by their respective authorized signatories
as of the date first indicated above.

 

HOLDER

 

By:                                        

Name: [·]

 

Address:

 

[·]

 

 

NUMBER
OF Lock-up Shares:

 

 

Shares of Parent Common
Stock to be received in the Merger: _________________________

 

Shares of underlying
Company Options: _________________________

 

Shares of underlying
Company Warrants: _________________________

 

Shares of Parent Common Stock that are not
Lock-up Shares pursuant to Section 3: _________________

 

 

    	6Exhibit 10.2

 

 

 

NON-COMPETITION AND
NON-SOLICITATION AGREEMENT

 

This
Non-Competition and Non-Solicitation Agreement (this “Agreement”) is entered into as of [●], 2022 by and between
Mana Capital Acquisition Corp., a Delaware corporation (“Purchaser”), and [●] (the “Executive”,
and together with Purchaser, the “Parties”, and each a “Party”) and will be effective as of the
Effective Time (as defined in the Merger Agreement (as defined below)). References to the “Company” in this Agreement
shall refer to Purchaser after giving effect to the consummation of the Business Combination (as defined below) and each of Purchaser’s
direct and indirect Subsidiaries (including Cardio Diagnostics, Inc.) and any of their respective successors-in-interest.

 

WHEREAS,
this Agreement is being entered into in connection with that certain Merger Agreement and Plan of Reorganization, dated as of May 27,
2022 (the “Signing Date”) (as amended, restated or otherwise modified from time to time in accordance therewith, the
“Merger Agreement”), by and among Purchaser, Mana Merger Corp., a Delaware corporation and a wholly-owned Subsidiary
of Purchaser (“Merger Sub”), Cardio Diagnostics, Inc., a Delaware corporation (“Cardio”) and the
initial Stockholder Representative thereto. Capitalized terms used but not defined herein shall have the meanings ascribed to them in
the Merger Agreement.

 

WHEREAS,
pursuant to, and subject to the terms and conditions contained in, the Merger Agreement, Purchaser, Merger Sub, and Cardio will enter
into a business combination transaction pursuant to which, among other things, Merger Sub will merge with and into Cardio (the “Business
Combination”), with Cardio continuing as the Surviving Corporation.

 

WHEREAS,
as a result of the Business Combination, (i) the stockholders of Cardio that existed a moment in time prior to the Business Combination
will have their equity interests in Cardio cancelled and converted into the right to receive the consideration set forth in the Merger
Agreement, and (ii) Cardio (as the Surviving Corporation) will be a wholly-owned Subsidiary of Purchaser.

 

WHEREAS,
the Executive acknowledges and agrees that (i) this Agreement is being entered into as part of the Merger Agreement and the Business
Combination, (ii) the covenants and agreements set forth in this Agreement are a material inducement to, and a condition precedent of,
Purchaser’s willingness to enter into the Merger Agreement and consummate the Business Combination, (iii) the Executive shall receive
substantial direct and indirect benefits by the consummation of the Business Combination (including the Executive’s portion of
the consideration received in connection with the Business Combination), if any, and (iv) Purchaser and its Affiliates would not obtain
the benefit of the bargain set forth in the Merger Agreement as specifically negotiated by the parties thereto if the Executive breached
the provisions of this Agreement.

 

WHEREAS,
the Company desires to employ or continue the employment of Executive and Executive desires to be employed by the Company, effective
as of the closing of the Business Combination.

 

WHEREAS,
it is a condition to the completion of the Business Combination that the Executive enter into this Non-Combination and Non-Solicitation
Agreement on the terms provided herein.

 

NOW
THEREFORE, in consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration,
the parties hereby agree as follows.

 

 

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1. Confidential Information.

 

(a)
Definition of Confidential Information. For purposes of this Agreement, “Confidential Information” includes,
but is not limited to, all information not generally known to the public, in spoken, printed, electronic or any other form or medium,
relating directly or indirectly to: business processes, practices, methods, policies, plans, publications, documents, research, operations,
services, strategies, techniques, agreements, contracts, terms of agreements, transactions, potential transactions, negotiations, pending
negotiations, know-how, trade secrets, computer programs, computer software, applications, operating systems, software design, web design,
work-in-process, databases, device configurations, embedded data, compilations, metadata, technologies, manuals, records, articles, systems,
material, sources of material, supplier information, vendor information, financial information, results, accounting information, accounting
records, legal information, marketing information, advertising information, pricing information, credit information, design information,
payroll information, staffing information, personnel information, employee lists, supplier lists, vendor lists, developments, reports,
internal controls, security procedures, graphics, drawings, sketches, market studies, sales information, revenue, costs, formulae, notes,
communications, algorithms, product plans, designs, styles, models, ideas, audiovisual programs, inventions, unpublished patent applications,
original works of authorship, discoveries, experimental processes, experimental results, specifications, customer information, customer
lists, client information, client lists, manufacturing information, factory lists, distributor lists, and buyer lists of the Company
or its businesses or any existing or prospective customer, supplier, investor or other associated third party, or of any other person
or entity that has entrusted information to the Company in confidence.

 

The
Executive understands that the above list is not exhaustive, and that Confidential Information also includes other information that is
marked or otherwise identified as confidential or proprietary, or that would otherwise appear to a reasonable person to be confidential
or proprietary in the context and circumstances in which the information is known or used. The Executive understands and agrees that
Confidential Information includes information developed by the Executive in the course of employment by the Company as if the Company
furnished the same Confidential Information to the Executive in the first instance. Confidential Information shall not include information
that (i) is generally available to and known by the public at the time of disclosure to the Executive; provided that, such disclosure
is through no direct or indirect fault of the Executive or person(s) acting on the Executive’s behalf, or (ii) was lawfully available
to the Executive on a non-confidential basis from a source other than the Company prior to disclosure to the Executive by the Company.

 

(b)
Company Creation and Use of Confidential Information. The Executive understands and acknowledges that the Company (including its
affiliates) has invested, and continues to invest, substantial time, money, and specialized knowledge into developing its resources,
creating a customer base, generating customer and potential customer lists, training its employees, and improving its offerings in the
field of use of the “Company Business” (as defined below). The Executive understands and acknowledges that as a result
of these efforts, the Company has created, and continues to use and create Confidential Information. This Confidential Information provides
the Company with a competitive advantage over others in the marketplace. As used in this Agreement, the “Company Business”
means the business engaged in the design, development, manufacture, importation, marketing, promotion, distribution, offering for sale,
sale, and other commercialization of any and all products and services currently under development or in production, including the use
of electric-powered scooters, bicycles and mopeds for urban micro-mobility purposes.

 

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(c)
Disclosure and Use Restrictions. The Executive agrees and covenants: (i) to treat all Confidential Information as strictly confidential;
(ii) not to directly or indirectly disclose, publish, communicate, or make available Confidential Information, or allow it to be disclosed,
published, communicated, or made available, in whole or part, to any entity or person whatsoever (including other employees of the Company
or its affiliates) not having a need to know and authority to know and use the Confidential Information in connection with the business
of the Company and its affiliates, and, in any event, not to anyone outside of the direct employ of the Company and its affiliates, except
as required in the performance of the Executive’s authorized employment duties to the Company
and its affiliates or with the prior consent of the Chief Executive Officer (or in the case of the Chief Executive Officer, the
General Counsel) acting on behalf of the Company and its affiliates in each instance (and then, such disclosure shall be made only within
the limits and to the extent of such duties or consent); and (iii) not to access or use any Confidential Information, and not to copy
any documents, records, files, media, or other resources containing any Confidential Information, or remove any such documents, records,
files, media, or other resources from the premises or control of the Company and its affiliates, except as required in the performance
of the Executive’s authorized employment duties to the Company acting on behalf of the Company and its affiliates in each instance
(and then, such disclosure shall be made only within the limits and to the extent of such duties or consent).

 

(d)
Permitted Disclosures. Nothing herein shall be construed to prevent disclosure of Confidential Information as may be required
by applicable law or regulation, or pursuant to the valid order of a court of competent jurisdiction or an authorized government agency,
provided that the disclosure does not exceed the extent of disclosure required by such law, regulation, or order. The Executive shall
promptly provide written notice of any such order to Chief Executive Officer or in the case of the Chief Executive Officer, the General
Counsel. Further, Executive understands
that nothing
contained
in this
Agreement
limits
his or her ability
from reporting possible violations of federal law or regulation to any federal, state or local governmental agency or entity, including
but not limited to the Department of Justice, the Securities and Exchange Commission, or any agency Inspector General (“Government
Agencies”),
or making other disclosures that are protected under the whistleblower provisions of federal law or regulation.
Executive further
understands
that this
Agreement
does not limit
Executive’s ability
to communicate
with any Government
Agencies
or otherwise
participate
in any investigation
or proceeding
that may
be conducted by any Government
Agency,
including
providing
documents or other
information,
without
notice to
the Company.
This Agreement
does not limit
Executive’s right
to receive
an award
for information
provided
to any Government
Agencies.

 

(e)
Notice of Immunity Under the Economic Espionage Act of 1996, as amended by the Defend Trade Secrets Act of 2016 (“DTSA”).
Notwithstanding any other provision of this Agreement:

(i)
The Executive will not be held criminally or civilly liable under any federal or state trade secret law for any disclosure of a trade
secret that: (A) is made (1) in confidence to a federal, state, or local government official, either directly or indirectly, or to an
attorney; and (2) solely for the purpose of reporting or investigating a suspected violation of law; or is made in a complaint or other
document filed under seal in a lawsuit or other proceeding.

(ii)
If the Executive files a lawsuit for retaliation by the Company for reporting a suspected violation of law, the Executive may disclose
the Company’s trade secrets to the Executives attorney and use the trade secret information in the court proceeding if the Executive
files any document containing trade secrets under seal and does not disclose trade secrets, except pursuant to court order.

(f)
Term. The Executive understands and acknowledges that [his/her] obligations under this Agreement with regard to any particular
Confidential Information shall commence immediately upon the Executive first having access to such Confidential Information (whether
before or after [he/she] begins employment by the Company) and shall continue during and after [his/her] employment by the Company until
such time as such Confidential Information has become public knowledge other than as a result of the Executive’s breach of this
Agreement or breach by those acting in concert with the Executive or on the Executive’s behalf.

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2. Restrictive Covenants.

2.1Acknowledgement.
The Executive understands that the nature of the Executive’s position gives the Executive access to and knowledge of Confidential
Information and places the Executive in a position of trust and confidence with the Company and its affiliates. The Executive further
understands and acknowledges that the Company and its affiliates ability to reserve these for the exclusive knowledge and use of the
Company and its affiliates is of great competitive importance and commercial value to the Company and its affiliates, and that improper
use or disclosure by the Executive is likely to result in unfair or unlawful competitive activity.

2.2Non-Competition.
(a) Because of the Company and its affiliates legitimate business interest as described herein and the good and valuable consideration
offered to the Executive, during the Restricted Period (as defined below), the Executive agrees and covenants he or she it shall not,
and shall cause each of his or her controlled Affiliates not to, directly or indirectly, own any interest in, control, manage, operate,
participate in, develop products for, advise or consult with or render services for (as a director, officer, employee, agent, broker,
partner, consultant or contractor), or engage in activities or businesses, or establish any new businesses, within North America (including
Mexico), Europe, or any country in which the Company is conducting business during the time of the Executive’s employment with
the Company (the “Territory”) any business that is competitive with the business operated by the Company, including
any activities or business engaged in the Company Business. Notwithstanding the foregoing, this Section 2.2 shall be
deemed not breached solely as a result of the ownership by the Executive or any of his or her Affiliates of less than an aggregate of
2% of any class of stock that is subject to the periodic reporting requirements of the Securities Exchange Act of 1934, as amended, and
is listed on a national securities exchange; provided that such ownership represents a passive investment and that the Executive is not
a controlling person of, or a member of a group that controls, such entity. For purposes of this Agreement, the “Restricted
Period” shall mean the shorter of (i) three (3) years from the date hereof and (ii) the Employment Term and one (1)
year thereafter, to run consecutively, beginning on the last day of the Executive’s employment with the Company, regardless of
the reason for the termination and whether employment is terminated at the option of the Executive or the Company and its affiliates;
provided, however, that to the extent the Executive is entitled to any severance payments following the Employment Term and the Company
breaches its obligations to make any such severance payments, the Restricted Period shall terminate on written notice of such breach
by the Executive to the Company.

(b)This
Section 2.2 does not, in any way, restrict or impede the Executive from exercising protected rights to the extent that such rights
cannot be waived by agreement or from complying with any applicable law or regulation or a valid order of a court of competent jurisdiction
or an authorized government agency, provided that such compliance does not exceed that required by the law, regulation, or order. The
Executive shall promptly provide written notice of any such order to the Chief Executive Officer or General Counsel (in the case of the
Chief Executive Officer).

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2.3Non-Solicitation
of Personnel; No Hire. During the Restricted Period, the Executive shall not, and shall cause each of his, her or its controlled
Affiliates not to, and shall not assist any other Person to, directly or indirectly, (i) solicit, recruit or hire any employee, independent
contractor or consultant of the Company (“Company Employee”), or any Person who was an employee, independent contractor
or consultant of the Company at any time during the 12-month period before the Closing, and (ii) solicit or encourage any Company Employee
to leave the employment of Purchaser; provided, however, that, without limiting the restrictions against hiring,
the provisions of this Section 2.3 shall not prevent the Executive or any of his, her or its Affiliates (not including
the Company) from (a) making a general solicitation for employment that are not specifically targeted at the Company Employees or other
employees of Purchaser or (b) soliciting, inducing or otherwise offering employment to any Company Employees or other employees of Purchaser
who have not been employed with the Company and/or Purchaser during the previous six months prior to any contact with any such employees
initiated by the Executive or his, her or its Affiliates.

 

2.4Non-Solicitation
of Business Relations. The Executive understands and acknowledges that because of the Executive’s experience with and relationship
to the Company and its affiliates, the Executive will have access to and learn about much or all of the Company and its affiliates customer
information. “Customer Information” includes, but is not limited to, names, phone numbers, addresses, email addresses, order
history, order preferences, chain of command, decisionmakers, pricing information, and other information identifying facts and circumstances
specific to the customer and relevant to the Company’s service offerings. The Executive understands and acknowledges that loss
of this customer relationship and/or goodwill will cause significant and irreparable harm. During the Restricted Period, the Executive
shall not, and shall cause each of his, her or its controlled Affiliates not to, directly or indirectly, (i) adversely interfere with
the relationship between the Company and any Material Business Relationship, (ii) solicit, induce or attempt to induce (or assist any
other Person in soliciting, inducing or attempting to induce), any Material Business Relationship to terminate its relationship with
the Company, cease doing business with the Company or terminate or otherwise adversely modify its relationship with the Company, or (iii)
acquire or attempt to acquire an interest in any Person or business in which, prior to the Closing, the Company had either (a) requested
or received information relating to the acquisition of such Person or business, (b) identified to Purchaser that such Person or business
was a potential acquisition target of the Company, or (c) otherwise contemplated the acquisition of such Person or business. “Material
Business Relationship” means any (x) material customer, supplier, licensee, licensor, franchisee of the Company as of the Closing
or at any time in the six (6) month period prior to the Closing, or (y) any other Person with whom the Company, as of the Closing or
at any time in the six (6) month period prior to the Closing, had a material business relationship.

 

2.5Non-Disparagement.
From and after the date hereof, the Executive shall not, and shall cause each of his, her or its controlled Affiliates not to, make any
intentionally negative, derogatory or disparaging statements or communications, either orally or in writing, regarding the Business,
the Company and its Affiliates, or any director, manager, officer, agent, representative or direct or indirect equity holder of the Company
or its Affiliates. Notwithstanding the foregoing, nothing in this Section 2.5 shall prevent the Executive from (i) performing
his or her duties as an officer, director or employee of Purchaser, its successors-in-interest or their respective Subsidiaries, or (ii)
making any truthful statement (A) necessary with respect to any Action involving this Agreement, including, but not limited to, the enforcement
of this Agreement, in the forum in which such Action properly takes place or (B) required by Law or any judicial or administrative process.

 

3.Remedies.

 

The
Executive acknowledges and agrees that (i) the covenants and agreements contained in Sections 1 and 2 (collectively
the “Non-Competition and Related Covenants”) relate to matters that are of a special, unique and extraordinary value;
(ii) the Company has one or more legitimate business interest justifying enforcement in full of the Non-Competition and Related Covenants,
including for the protection of the goodwill of the business acquired by Purchaser pursuant to the Merger Agreement, and the Non-Competition
and Related Covenants are reasonable and narrowly tailored to protect the compelling interests of Purchaser, the Company and the Business;
(iii) a breach by the Executive of any of the Non-Competition and Related Covenants will result in irreparable harm and damages that
may not be adequately compensated by a monetary award and, accordingly, the Company will be entitled to seek injunctive or other equitable
relief to prevent or redress any such breach (without posting a bond or other security); (iv) pursuant to the Merger Agreement, the Executive
will receive valuable consideration (including, as applicable, significant benefits, equity in Purchaser, and other valuable consideration),
both directly or indirectly, from Purchaser in connection with the Merger; and (v) the Non-Competition and Related Covenants are intended
to comply with the Laws of all jurisdictions that might be deemed to be applicable hereto and which restrict or otherwise limit the enforceability
of a Contract that restrains a Person from engaging in a lawful profession, trade or business. Notwithstanding the foregoing, if the
restrictions contained in Sections 1 and 2 shall be determined by any court of competent jurisdiction to be unenforceable
by reason of their extending for too great a period of time or over too great a geographical area of by reason of their being too extensive
in any other respect, such provisions shall be modified to be effective for the maximum period of time for which it may be enforceable
and over the maximum geographical area as to which it may be enforceable and to the maximum extent in all other respects as to which
it may be enforceable. Purchaser and the Executive hereby consent and agree to any such reformation of the restrictions to the maximum
of enforceability as determined by any court of competent jurisdiction.

 

    	5  

    	 

    

4.
Miscellaneous.

 

4.1For
the avoidance of doubt, this Agreement shall not restrict the Executive from performing his or her duties as an officer, director or
employee of Purchaser, its successors-in-interest or their respective Subsidiaries.

 

4.2Severability.
Should any provision of this Agreement be held by a court of competent jurisdiction to be enforceable only if modified, or if any portion
of this Agreement shall be held as unenforceable and thus stricken, such holding shall not affect the validity of the remainder of this
Agreement, the balance of which shall continue to be binding upon the parties with any such modification to become a part hereof and
treated as though originally set forth in this Agreement. The parties further agree that any such court is expressly authorized to modify
any such unenforceable provision of this Agreement in lieu of severing such unenforceable provision from this Agreement in its entirety,
whether by rewriting the offending provision, deleting any or all of the offending provision, adding additional language to this Agreement,
or by making such other modifications as it deems warranted to carry out the intent and agreement of the parties as embodied herein to
the maximum extent permitted by law. The parties expressly agree that this Agreement as so modified by the court shall be binding upon
and enforceable against each of them. In any event, should one or more of the provisions of this Agreement be held to be invalid, illegal,
or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions hereof, and if
such provision or provisions are not modified as provided above, this Agreement shall be construed as if such invalid, illegal, or unenforceable
provisions had not been set forth herein.

 

4.3Signatures.
This Agreement may be executed in separate counterparts, each of which shall be deemed an original, but all of which taken together shall
constitute one and the same instrument. This Agreement may be executed and delivered by electronic mail, and an electronic copy of this
Agreement or of a signature of a party shall be effective as an original.

 

4.4Governing
Law. This Agreement, and all claims or causes of action based upon, arising out of, or related to this Agreement or the transactions
contemplated hereby, shall be governed by, and construed in accordance with, the Laws of the State of Delaware, without giving effect
to principles or rules of conflict of laws to the extent such principles or rules would require or permit the application of Laws of
another jurisdiction.

 

4.5Jurisdiction;
Waiver of Jury Trial.

 

(a)Any
Action based upon, arising out of or related to this Agreement or the transactions contemplated hereby may be brought in the Delaware
Chancery Court (or, if the Delaware Chancery Court shall be unavailable, any other court of the State of Delaware or, in the case of
claims to which the federal courts have subject matter jurisdiction, any federal court of the United States of America sitting in the
State of Delaware), and, in each case, appellate courts therefrom, and each of the Parties irrevocably submits to the exclusive jurisdiction
of each such court in any such Action, waives any objection it may now or hereafter have to personal jurisdiction, venue or to convenience
of forum, agrees that all claims in respect of such Action shall be heard and determined only in any such court, and agrees not to bring
any Action arising out of or relating to this Agreement or the transactions contemplated hereby in any other court. Nothing herein contained
shall be deemed to affect the right of any Party to serve process in any manner permitted by Law or to commence legal proceedings or
otherwise proceed against any other party in any other jurisdiction, in each case, to enforce judgments obtained in any Action brought
pursuant to this Section 4.5(a).

 

    	6  

    	 

    

(b)EACH
PARTY HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY ACTION
ARISING OUT OF THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY (I) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY
OF ANY PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH PARTY WOULD NOT, IN THE EVENT OF ANY ACTION, SEEK TO ENFORCE THE FOREGOING
WAIVER, AND (II) ACKNOWLEDGES THAT IT AND THE OTHER PARTY HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS,
THE MUTUAL WAIVER AND CERTIFICATIONS IN THIS SECTION 4.5(b).

 

4.6Amendments
and Waivers. This Agreement may be modified only by a written instrument duly executed by each Party. No breach of any covenant or
agreement shall be deemed waived unless expressly waived in writing by the Party who might assert such breach. No waiver of any right
hereunder shall operate as a waiver of any other right or of the same or a similar right on another occasion. For the avoidance of doubt,
no notice, consent or waiver purported to be on behalf of the Purchaser or the Company shall be effective unless (i) provided by the
Purchaser prior to the Closing, or (ii) provided by the Company at the direction or with the approval of a majority of the independent
members of the board of directors of the Company.

 

4.7Section
Headings. The headings of each Section, subsection or other subdivision of this Agreement are for reference only and shall not limit
or control the meaning thereof.

  

4.8Assignment.
Neither this Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof may be assigned by any Party
without the prior written consent of the other Party; provided, however, that Purchaser (or, after the Closing,
the Company) may assign its rights hereunder, without the consent of the Executive, to any Person in connection with a merger or consolidation
involving the Company (including any of its Subsidiaries) or other disposition of all or substantially all of the assets of the Company.

 

4.9Notices.
All notices, requests, demands and other communications which are required or may be given under this Agreement shall be in writing and
shall be deemed to have been duly given when received if personally delivered; when transmitted if transmitted by electronic or digital
transmission method; the day after it is sent, if sent for next day delivery to a domestic address by recognized overnight delivery service
(e.g., Federal Express); and upon receipt, if sent by certified or registered mail, return receipt requested, in each case to the parties
at the following addresses or to other such addresses as may be furnished by one party to the others in accordance with this Section
4.9:

 

if to Purchaser (prior
to the Closing):

 

Mana Capital Acquisition
Corp.

8 The Green, Suite 12490

Dover, DE 19901

Attn: Jonathan Intrater,
Chief Executive Officer

e-mail: intrabel@comcast.net

 

    	7  

    	 

    

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

 

Becker & Poliakoff
LLP

45 Broadway, 17th Floor

New York, NY 10006

Attention: Jie Chengying
Xiu, Esq.

e-mail: Jxiu@beckerlawyers.com 

 

if to Cardio Diagnostics,
Inc. (following the Closing):

Cardio
Diagnostics, Inc.

Meeshanthini (Meesha)
Dogan

400 N. Aberdeen St.,
Suite 900

Chicago IL 60642

e-mail: mdogan@cardiodiagnosticsinc.com

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

 

Shartsis Friese LLP

1 Maritime Plaza, 18th
Floor

San Francisco, CA 94111

Attention: P. Rupert
Russell

Email: rrussell@sflaw.com

 

if to the Executive:

 

[__________]

[__________]

[__________]

[__________]

 

4.10Effectiveness.
This Agreement will become effective as of the Closing. If the Merger Agreement is terminated in accordance with its terms, this Agreement
shall be null and void ab initio and the Parties shall have no rights, liabilities or obligations whatsoever hereunder.

 

4.11Acknowledgement
of Full Understanding. THE EXECUTIVE ACKNOWLEDGES AND AGREES THAT THE EXECUTIVE HAS FULLY READ, UNDERSTANDS AND VOLUNTARILY ENTERS
INTO THIS AGREEMENT. THE EXECUTIVE ACKNOWLEDGES AND AGREES THAT THE EXECUTIVE HAS HAD AN OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH
AN ATTORNEY OF THE EXECUTIVE'S CHOICE BEFORE SIGNING THIS AGREEMENT. 

  

 

[Signature page follows]

 

 

 

    	8  

    	 

    

 

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

   

	 	PURCHASER:
	 	 
	 	MANA CAPITAL ACQUISITION CORP.
	 	 
	 	 
	 	By:	 	 
	 	Name:     Jonathan Intrater
	 	Title:       Chief Executive Officer  

 

	 	CARDIO DIAGNOSTICS, INC.  
	 	 
	 	 
	 	By:	 	 
	 	Name:     Meeshanthini (Meesha) Dogan
	 	Title:       Chief Executive Officer  

 

 

	 	 
	 	EXECUTIVE:
	 	 
	 	 
	 	 	 
	 	Name:

 

 

 

 

 

 

 

 

[Signature Page to Non-Competition
and Non-Solicitation Agreement]

 

    	9

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