Document:

Exhibit 10.1

 

FORM OF SUBSCRIPTION AGREEMENT

 

This Subscription Agreement
is entered into as of August 25, 2021, between [      ], an individual whose principal residence is at the address set forth on the signature
page hereto (hereinafter “Subscriber”), and C-Bond Systems, Inc., a Colorado corporation (the “Company”), concerning
an investment in the amount set forth on the signature page hereto. The Subscriber and the Company agree as follows:

 

1. Subscription
and Method of Payment. Subject to the terms and conditions hereof, Subscriber hereby subscribes the amount set forth on the signature
page hereto to purchase three thousand (3,000) shares of Series C Preferred Stock, par value of $0.10 (the “Series C Preferred Stock”),
of the Company as determined by dividing the amount subscribed of $300,000.00 (the “Subscription Amount”) by the purchase
price of $100.00 per share of Series C Preferred Stock. To satisfy this subscription, the Subscriber will tender cash or a wire transfer
to the Company equal to the Subscription Amount.

 

After the Subscription Amount
is paid timely and received in full by the Company, the Company will promptly cause a stock certificate to be issued totaling 3,000 shares
of the Company’s Series C Preferred Stock.

 

2. Representations
and Warranties of the Company. The Company hereby represents and warrants to Subscriber as follows:

 

(a) Organization.
The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Colorado and has
all requisite corporate power and authority to own and lease its properties, to carry on its business as presently conducted and as
proposed to be conducted and to carry out the transactions contemplated hereby.

 

(b) Authority.
The Company has all requisite power and authority to enter into this Agreement and perform Company’s obligations hereunder.
The execution, delivery and performance by the Company of this Agreement have been duly authorized by all requisite corporate
action. This Agreement has been duly executed and delivered by the Company and is a legal, valid and binding obligation of the
Company, enforceable against the Company in accordance with its terms (except as enforceability may be limited by laws of bankruptcy
or insolvency and general equitable principles).

 

(c) No
Conflicts. The execution, delivery and performance by the Company of this Agreement, and the issuance, sale and delivery of the
shares of Series C Preferred Stock being subscribed for, will not violate any law, statute, rule, regulation, order, judgment or
decree of any court, arbitrator, administrative agency or other governmental body applicable to the Company, or conflict with or
result in any breach of any of the terms, conditions or provisions of, or constitute a default under, or result in the creation of
any encumbrance upon any of the properties or assets of the Company pursuant to, the charter documents of the Company or any note,
indenture, mortgage, lease agreement or other agreement, contract or instrument to which the Company is a party or by which it or
any of its property is bound or affected.

 

    

     

    

 

(d) Approvals.
Except for the filing of any notice as may be required under applicable securities laws, no permit, authorization, notice, consent or
approval is required in connection with the execution, delivery or performance of this Agreement by the Company.

 

3. Representations
and Warranties of Subscriber. The Subscriber represents and warrants to the Company as follows:

 

(a) Subscriber
is an “accredited investor” as such term is defined in Section 2(15) of the Securities Act of 1933, as amended (the “Act”)
and Rule 501 of Regulation D promulgated thereunder pursuant to the categories checked by the Subscriber on the signature page hereto.
Subscriber is aware of the significance to the Company of the foregoing representation, and they are made with the intention that the
Company will rely on them.

 

(b) Subscriber
has had an opportunity to ask questions of and receive answers from duly designated representatives of the Company concerning the terms
and conditions of the offering and has been afforded an opportunity to examine such documents and other information which Subscriber has
requested for the purpose of answering any questions Subscriber may have concerning the business and affairs of the Company.

 

(c) Subscriber
is not subscribing for the Series C Preferred Stock as a result of, or subsequent to, an advertisement, article, notice or other communication
published in any newspaper, magazine or similar media or broadcast over television or radio or presented at any seminar or meeting or
any other public solicitation.

 

(d) Subscriber
acknowledges and understands that the Series C Preferred Stock has not been registered under the Securities Act of 1933, as amended (the
“Act”) or the securities laws of any state (“State Law”) and must be held indefinitely unless they are subsequently
registered under the Act and/or applicable State Law, or exemptions from such registration are available. Subscriber agrees that the Series
C Preferred Stock will not be sold without registration under applicable securities laws (including the Act and State Law) or exemptions
there from. The Company is the only entity which may register its Series C Preferred Stock under the Act and State Law.

 

(e) Subscriber
acknowledges that Subscriber has such knowledge and experience in financial business matters that it is capable of evaluating the merits
and risks of the prospective investment and to make an informed investment decision based upon the information provided by the Company.

 

(f) Subscriber
further represents that Subscriber can bear the economic risk of loss of its entire investment; that the address set forth herein is its
principal residence (if an individual) or place of business (if an entity); that Subscriber intends to purchase the Series C Preferred
Stock for Subscriber’s own account and not, in whole or in part, for the account of any other person; that Subscriber is purchasing
the Series C Preferred Stock for investment and not with a view to public resale or distribution; and that Subscriber has not formed any
entity for the purpose of purchasing the Series C Preferred Stock; and that this Subscription Agreement has been duly authorized by all
necessary action on the part of the Subscriber and is a legal, valid and binding obligation of the Subscriber enforceable in accordance
with its terms.

 

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(g) Subscriber
is aware that the Series C Preferred Stock is and will be when issued “restricted securities” as that term is defined in Rule
144 of the General Rules and Regulations under the Act.

 

(h) Subscriber
is fully aware of the applicable limitations on the resale of the Series C Preferred Stock according to law.

 

4.  Subscription
Not Revocable. The Subscriber hereby acknowledges and agrees that the Subscriber is not entitled to cancel, terminate or revoke this
Subscription Agreement or any agreements of the Subscriber herein and that this Subscription Agreement shall survive the death, disability,
dissolution, bankruptcy or insolvency of the Subscriber.

 

5. Shares.
Company agrees to cause the shares of Series C Preferred Stock of the Company to be issued hereunder to be duly authorized, validly issued,
fully paid and nonassessable.

 

6.
Miscellaneous.

 

(a) Subscriber
agrees not to transfer or assign this Subscription Agreement, or any of the Subscriber’s interest herein, and further agrees that
the transfer or assignment of the Series C Preferred Stock acquired pursuant hereto shall be made only in accordance with all applicable
laws.

 

(b) This
Subscription Agreement constitutes the entire agreement among the parties hereto with respect to the subject matter hereof and may be
amended only by a written execution by all parties.

 

(c) The
Subscription Agreement is being delivered and is intended to be performed in the State of Texas, and shall be construed and enforced in
accordance with, and the rights of parties shall be governed by, the law of such state. Jurisdiction and venue for any action hereunder
shall be in Harris County, Texas.

 

(d) Any
controversy or claim arising out of this Agreement, or the breach thereof, shall be settled by arbitration in accordance with the rules
of the American Arbitration Association, and judgment upon the award rendered by the arbitration may be entered in any court having jurisdiction
thereof. The arbitration agreement set forth herein shall not limit a court from granting a temporary restraining order or preliminary
injunction in order to preserve the status quo of the parties pending arbitration. Further, the arbitrator(s) shall have power to enter
such orders by way of interim award, and they shall be enforceable in court. The place of such arbitration shall be in Harris County,
Texas.

 

(e) This
Subscription Agreement shall become effective upon execution and delivery hereof by all the parties hereto; delivery of this Subscription
Agreement may be made by facsimile or electronic transmission such as portable document format (“PDF”) or similar format to
the parties.

 

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IN WITNESS WHEREOF, the undersigned have executed
this agreement as of the dates below.

 

	
    SUBSCRIBER:

     

    _____________________________

    Name:

     
	
    Address for Notice:

    ____________________________________

    ____________________________________

    ____________________________________

    ____________________________________

     

    Date: _______________________________

     

    Subscription Amount: $300,000 for 3,000 shares
of Series C Preferred Stock of C-Bond Systems, Inc. 

 

By executing above, the Subscriber also hereby
certifies that the Subscriber is an “accredited investor” as that term is defined in Rule 501(a) of Regulation D promulgated
under the Securities Act of 1933, as amended. The specific category(s) of accredited investor applicable to the undersigned is checked
below.

 

PLEASE CHECK ONE OF THE BOXES BELOW –
REQUIRED TO OBTAIN SHARES

 

	_____	a.	Any director or executive officer of the Company;
	 	 	 
	_____	b.	Any natural person whose individual net worth, or joint net worth with that person’s spouse, at the time of his purchase exceeds $1,000,000; 
	 	 	 
	_____	c.	Any natural person who had an individual income in excess of $200,000 in each of the two most recent years or joint income with that person’s spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year;
	 	 	 
	_____	d.	Any organization described in Section 501(c)(3) of the Internal Revenue Code, corporation, Massachusetts or similar business trust, or partnership, not formed for the specific purpose of acquiring the securities offered, with total assets in excess of $5,000,000;
	 	 	 
	_____	e.	Any trust, with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the securities offered, whose purchase is directed by a sophisticated person as described in Section 506(b)(2)(ii) of Reg D; or
	 	 	 
	_____	f.	an entity in which all of the equity owners are “accredited investors.”
	 	 	 
	_____	g.	Other (explain) __________________________________________________________

 

	ACCEPTED BY C-Bond systems, INC.	 
	 	 
	By:	 	 
	Name:  	Scott R. Silverman	 
	Title: 	Chief Executive Officer	 
	Date: 	 	 

 

 

4Consulting Agreement

  CONSULTING AGREEMENT
  
  
 THIS CONSULTING AGREEMENT ( this “Agreement”) is made and effective as of this 18th day of August, 2021 (the “Effective Date”), by and between ENERGY ZERO SOLUTIONS, LLC, a North Carolina limited liability company (“EZS”) with an office and principal place of business at 3540 Toringdon Way, Suite 200, Charlotte, North Carolina 28277 and UNITED CAPITAL CONSULTANTS, INC., a Delaware corporation (“UCC”) with an office and principal place of business at 3210 East Coralbell Avenue, Mesa, Arizona 85204. (EZS and UCC are sometimes referred to herein collectively as the “Parties,” and each respectively a “Party.”)
  
 In consideration of the terms and conditions and mutual covenants contained in this Agreement, the delivery and sufficiency of which is hereby acknowledged, the Parties hereto hereby agree as follows:
  
 1.  Consulting Engagement / Services.  EZS hereby engages UCC to provide consulting services (the “Services”) to EZS with regard to EZS’s performance under its contract with Dalkia Energy Solutions, LLC dated August 18th, 2021 regarding solar energy projects (the “Dalkia Contract”). UCC shall communicate solely with the Manager of EZS with regard to the performance of its Services hereunder.
  
 2.  Contingency Compensation / Payment.  As compensation for UCC’s Services EZS will pay UCC fifty percent (50%) (“Consulting Fees”) of any payments received by EZS arising from the Dalkia Contract (“Dalkia Revenue”). EZS will pay Consulting Fees to UCC by wire transfer of immediately available funds to an account designated in advance by UCC within thirty six (36) hours of receipt by EZS of an underlying payment of Dalkia Revenue. Dalkia Revenue shall be the sole and exclusive source of consideration to UCC for its Services and payment of Consulting Fees to UCC. If EZS receives no Dalkia Revenue, UCC receives no Consulting Fees. UCC has the right, at any time, to audit the books and records of EZS to determine if it is complying with the terms of this Agreement. UCC will be responsible for all costs for both parties related to audit function.
  
 3.  Term and Termination.  This Agreement shall become effective as of the Effective Date and shall continue indefinitely until the Parties terminate it by mutual agreement of the Parties as evidenced in a writing executed by both parties (the “Term”).
  
 4.  Relationship of Parties.  The relationship of the Parties hereunder is that of independent contractors only. No employment, agency, joint venture, partnership, franchise or fiduciary relationship exists between the Parties and none is created hereby.
  
 5.  Miscellaneous.  This Agreement constitutes the entire agreement between the Parties and supersedes any prior understandings, agreements, discussions or representations by or among the Parties, written or oral, to the extent they have related in any way to the subject matter hereof. This Agreement shall be binding upon and inure to the benefit of the Parties named herein and their respective, heirs, successors and assigns. Neither Party may assign its rights or 
 
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 obligations under this Agreement without the prior written consent of the other Party.  This Agreement shall be governed by and construed in accordance with the domestic laws of the State of North Carolina without giving effect to any choice or conflict of law principles (whether of the State of North Carolina or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of North Carolina. All disputes between the Parties involving the interpretation, breach or enforcement of this Agreement that are not resolved by negotiation of the Parties shall be resolved exclusively by litigation in the state courts sitting in Mecklenburg County, North Carolina and each of the Parties consents to the exclusive jurisdiction of said courts and hereby waives all objections to venue in said courts. In any litigation between the Parties, the prevailing Party shall be entitled to recover its reasonable attorney’s fees and expenses from the other Party, in the discretion of the court. No amendment of any provision of this Agreement shall be valid unless the same shall be in writing and signed by all Parties.  All notices or other documents under this Agreement shall be in writing and delivered personally, by overnight courier or by certified U.S. mail, return receipt requested, postage prepaid, addressed to a Party at its address stated in the first paragraph of this Agreement, or such other addresses of which the Party gives notice to the other Party pursuant to this provision. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all of which together shall be considered one and the same instrument. Execution of an electronic copy of this Agreement shall have the same force and effect as execution of a hard copy original, and an electronic signature shall be deemed an original and valid signature. The failure of either Party to enforce its rights under this Agreement at any time for any period shall not be construed as a waiver of such rights. Unless expressly provided otherwise, each right and remedy in this Agreement is in addition to any other right or remedy, at law or in equity, and the exercise of one right or remedy will not be deemed a waiver of any other right or remedy. In the event that any provision of this Agreement shall be determined to be illegal or unenforceable, that provision will be limited or eliminated to the minimum extent necessary so that the Agreement shall otherwise remain in full force and effect and enforceable.
  
 IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed by their authorized representatives as of the Effective Date.
  
  
 	 EZS:
	 UCC:

	  
	  

	 ENERGY ZERO SOLUTIONS, LLC
	 UNITED CAPITAL CONSULTANTS, INC.

	  
	  

	 By:  /s/ Colin McGinnis (SEAL)
	 By: /s/ Clayton Patterson (SEAL)

	 Print Name:  Colin McGinnis
	 Print Name: Clayton Patterson

	 Title:  CEO
	 Title:  CEO

  
  
  
 
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