Document:

Exhibit 10.1

INDEPENDENT CONTRACTOR AGREEMENT

This Independent Contractor Agreement (the "Agreement") is made and effective this September 1, 2017.

	
BETWEEN:

	
Devgen, LLC (the "Contractor"), an LLC organized under the laws of Georgia with its head office located at: 12340 Beragio Place, Alpharetta, GA 30004;

	 	 
	
AND:

	
Nexus Enterprise Solutions, Inc. (the "Client"), a corporation organized and existing under the laws of the State of Wyoming, with its head office located at: 6810 N. State Road 7,Coconut Creek, FL 33073

In the event of a conflict in the provisions of any attachments hereto and the provisions set forth in this Agreement, the provisions of such attachments shall govern.

In consideration of the foregoing and of the mutual promises set forth herein, and intending to be legally bound, the parties hereto agree as follows:

	1.	
DEFINITIONS

		a.	
"Clients Business" means the field of commercial lead generation, segmentation and distribution.

		b.	
"Confidential Information" means any and all information related to the Client's Business (including trade secrets, technical information, business forecasts and strategies, marketing plans, customer and supplier lists, personnel information, financial data and proprietary information of third parties provide to Client in confidence) that is labeled or identified as "confidential" or "proprietary" or that Contractors otherwise knows, or would reasonable be expected to know, Client considers to be confidential or proprietary or Client has a duty to treat as confidential.

		c.	
"Deliverables" means the items to be provided or actually provided by Contractor to Client under this Agreement, including items specifically designated or characterized as deliverables in Exhibit A.  All Deliverables must also be accompanied by Acceptance Criteria.

		d.	
"Acceptance Criteria" means the written criteria for accepting a Deliverable. Each Deliverable must have measurable criteria against which it can be assessed for acceptability.

		e.	
"Intellectual Property" means all concepts, Confidential Information, data, designs, diagrams, documentation, drawings, flow charts, formulae, ideas and inventions (whether or not patentable or reduced to practice), know-how, materials, marketing and development plans, marks (including brand names, product names, logos and slogans) methods, models, net lists, procedures, protocols, schematics, specifications, techniques, test vector tools, works of authorship.

 

Exhibit 10.1 -- Page 1

		f.	
"Intellectual Property Rights" means all past, present and future rights of the following types, which may exists or be created under the laws of any jurisdiction in the world: (a) rights associated with works of authorship, including exclusive exploitation rights, copyrights, moral rights and mask work rights; (b) trademarks and trade name rights and similar rights; (c) trade secret rights; (d) patent and industrial property rights; (e) other proprietary rights in Intellectual Property of every kind and nature; and (f) rights in or related to registrations, renewals, extensions, combinations, divisions, and reissues of any applications for, any of the rights referred to in clauses (a) through (e) of this sentence in the scope of the Client's Business.

		g.	
"Services" means the services to be performed or actually performed by Contractor under this Agreement as noted in Exhibit A.

		h.	
"Work Product" means (a) all Deliverables, (b) all Intellectual Property, in any stage of development that Contractor conceives, creates, developers or reduces to practice in connection with performing the Services, and (c) all tangible embodiments (including models, presentations, prototypes, reports, samples, and summaries) of each item of such Intellectual Property.

		i.	
"Gross Profit" means the total amount the Client is paid by its customers less the costs of the items sold to the customers (not including operational costs of the Client).

		j.	
"Cause" means a material breach of this Agreement that has not been cured in accordance with provisions for cure during Cure Period as described herein.

	2.	
ENGAGEMENT

2.1 Services

Contractor agrees to perform for Client the services, produce Deliverables and lead the company towards the Performance Targets listed in Exhibit A, attached hereto and executed by both Client and Contractor. Such services are hereinafter collectively referred to as "Services." Client agrees that Contractor shall have ready access to Client's staff and resources as necessary to perform the Contractor's Services provided for by this contract.

2.2 Change Proposals

Services cited in Exhibit A may be amended with a mutually agreed Change Proposal on a quarterly basis. Performance Targets cited in Exhibit A may be amended (plus or minus 10% maximum) on a semi-annual basis. Change Proposals must be submitted in writing to the other Party. The receiving Party has five (5) business days to accept or reject a Change Proposal. If the receiving Party does not respond to accept, reject or request further information regarding a Change Proposal within the five (5) day period, it shall be deemed accepted and become a binding part of this Agreement.  The submission of a reasonable rejection of a Change Proposal will not constitute a breach of this Agreement.

2.3 Acceptance Procedures

Client will have five (5) days to evaluate any interim and final Deliverables (the "Acceptance Period") to ensure that they meet the Acceptance Criteria for said Deliverable and are of professional, technical and general quality consistent with industry standards.  If the Client rejects any Deliverable during the Acceptance Period, Contractor shall have the opportunity to correct the Deliverable as described in Section 16.2 hereof.

Exhibit 10.1 -- Page 2

3.  WORK PRODUCT

		3.1	
Disclosure of Work Product

In accordance with Exhibit A, including any schedule therein, Contractor will deliver all Deliverables and disclose all other Work Product to Client (or any person designated by Client in writing) in the form specified in Exhibit A or otherwise designated by Client.

		3.2	
Ownership and Assignment of Work Product

Generally, Contractor agrees that all Work Product will be the sole and exclusive property of Client. Contractor hereby irrevocably and unconditionally assigns to Client all right, title and interest worldwide in and to the Work Product and all Intellectual Property rights thereto.

		3.3	
Trademarks and Trade Names

Without limiting the generality of Section 3.2,Contractor will have no interest in any trademark or trade name in the Work Product; Client will be the sole and exclusive owner of all right, title and interest to any trademark or tradenames. Any and all use of the such trademarks and tradenames by Contractor shall be deemed made by Client for the purposes of trademark registration and will inure solely to the benefit of Client for such purposes.  Contractor will not contest, oppose or challenge Client's ownership of the trademarks and tradenames in the Work Product, or do anything to impair Clients ownership or rights in such trademarks or tradenames.  Contractor agrees it will not create, adopt or use a corporate name, trademark, or any other designation that includes any trademark or trade name of Client (including those in the Work Product) or a term confusingly similar to any such trademark or tradename.  In particular, Contractor agrees it will not register, or attempt to register, in any jurisdiction worldwide any trademark or trade name of Client (including those in the Work Product) or a term confusingly similar to any such trademark or tradename.

3.4  Cooperation and Assistance

Contractor will at Client's request (a) cooperate with and assist Client, both during and after the term of this Agreement for a period of one (1) year, in perfecting, maintaining, protecting, and enforcing the Client's rights in the Work Product, and (b) execute and deliver to Client any documents deemed necessary or appropriate by Client in its discretion to perfect, maintain, protect, or enforce Client's rights in the Work Product or otherwise carry out the purpose of this Agreement. Client shall pay Contractor's then current hourly rate for such Cooperation and Assistance including any out-of-pocket expenses actually incurred by Contractor in fulfilling obligations under this Section 3.4.

4.  CONSULTING PERIOD

		4.1	
Basic Term

The Client hereby retains the Contractor and Contractor agrees to render to the Client those Services described in Exhibit A for the period (the "Consulting Period") commencing on the date of this Agreement and ending upon the earlier of (i) August 31, 2020 (the "Term Date"), and (ii) the date the Consulting Period is terminated in accordance with Section 7. The Client shall pay the Contractor the compensation to which it is entitled under Section 5 through the end of the Consulting Period, and, thereafter, the Client's obligations hereunder shall end.

Exhibit 10.1 -- Page 3

		4.2.	
Renewal

Subject to Section 7, the Consulting Period will be automatically renewed for an additional 12 month period (without any action by either party) on the Term Date and on each anniversary thereof, unless one party gives to the other written notice 90 days in advance of the beginning of any 12 month renewal period that the Consulting Period is to be terminated.

5.  COMPENSATION, BENEFITS AND EXPENSES

		5.1.	
Compensation

In consideration of the services to be rendered hereunder, including, without limitation, services to any Affiliated Client, Contractor shall be paid as specified in Exhibit B

		5.2.	
Benefits

Other than the compensation specified in Exhibit B, neither Contractor nor its Agents shall not be entitled to any direct or indirect compensation for services performed hereunder.

		5.3.	
Expenses

The Client shall reimburse Contractor for reasonable travel and other business expenses incurred by its Agents in the performance of the duties hereunder in accordance with the Client's general policies, as they may be amended from time to time during the course of this Agreement.

	6.	
INVOICING

Client shall pay the amounts agreed to herein upon receipt of invoices which shall be sent by Contractor, and Client shall pay the amount of such invoices to Contractor as specified in the Exhibit B.

	7.	
TERMINATION

		7.1	
Termination by Client without Cause

Client may terminate this Agreement without Cause effective upon ten (10) days prior written notice to Contractor. Upon termination of this Agreement without cause, Client will:

		a)	
Pay Contractor six (6) months of Monthly Fee cited in Exhibit B

		b)	
Pay Contractor six (6) months of Variable Fee (based on average of previous three (3) month variable fees) cited in Exhibit B

		c)	
Accelerate vesting of all Stock Options, cited in Exhibit C, for the remainder of the calendar year at the time of notice.

		d)	
Reimburse any outstanding expenses submitted by Contractor prior to effective date of termination.

		7.2	
Termination by Client with Cause

Client may terminate this Agreement with Cause effective upon ten (10) days prior written notice to Contractor. Upon termination of this Agreement with cause, Client will:

		a)	
Pay Contractor current month Monthly Fee cited in Exhibit B

		b)	
Pay Contractor current month of Variable Fee cited in Exhibit B

		c)	
Accelerate vesting of all Stock Options, cited in Exhibit C, for the remainder of the calendar quarter.

Exhibit 10.1 -- Page 4

		7.3	
Termination by Contractor without Cause

Contractor may terminate this Agreement without Cause effective upon ten (10) days prior written notice to Contractor. Upon termination of this Agreement with cause, Client will:

		a)	
Pay Contractor current month Monthly Fee cited in Exhibit B

		b)	
Pay Contractor current month of Variable Fee cited in Exhibit B

		c)	
Accelerate vesting of all Stock Options, cited in Exhibit C, for the remainder of the calendar quarter.

		7.4	
Termination Due to Bankruptcy, Receivership

The Consulting Period shall terminate and the Client's obligations hereunder (including the obligation to pay Contractor compensation under Section 5 shall cease upon the occurrence of: (i) the appointment of a receiver, liquidator, or trustee for the Client by decree of competent authority in connection with any adjudication or determination by such authority that the Client is bankrupt or insolvent; (ii) the filing by the Client of a petition in voluntary bankruptcy, the making of an assignment for the benefit of its creditors, or the entering into of a composition with its creditors; or (iii) any formal action of the Board to terminate the Client's existence or otherwise to wind up the Client's affairs.

	8.	
 TERMINATION OBLIGATIONS

Contractor hereby acknowledges and agrees that all property, including, without limitation, all books, manuals, records, reports, notes, contracts, lists, blueprints, and other documents, or materials, or copies thereof, Proprietary Information (as defined below), and equipment furnished to or prepared by Contractor or its Agents in the course of or incident to its rendering of services to the Client, including, without limitation, records and any other materials pertaining to Invention Ideas (as defined below), belong to the Client and shall be promptly returned to the Client upon termination of the Consulting Period. Following termination, neither Contractor nor any of its Agents will not retain any written or other tangible material containing any Proprietary Information.

Contractor specifically agrees that for a period of twenty four (24) months after the Termination, Contractor will not perform the same Services as were performed for Client  for any business in the United States which is in the same Business as the Client.

The representations and warranties contained herein and Contractor's obligations under Sections 3 and 10 shall survive termination of the Consulting Period and the expiration of this Agreement.

	9.	
ASSIGNMENT; SUCCESSORS AND ASSIGNS

Contractor agrees that it will not assign, sell, transfer, delegate or otherwise dispose of, whether voluntarily or involuntarily, or by operation of law, any rights or obligations under this Agreement, nor shall Contractor's rights be subject to encumbrance or the claims of creditors. Any purported assignment, transfer, or delegation shall be null and void. Nothing in this Agreement shall prevent the consolidation of the Client with, or its merger into, any other corporation, or the sale by the Client of all or substantially all of its properties or assets, or the assignment by the Client of this Agreement and the performance of its obligations hereunder to any successor in interest or any Affiliated Client. Subject to the foregoing, this Agreement shall be binding upon and shall inure to the benefit of the parties and their respective heirs, legal representatives, successors, and permitted assigns, and shall not benefit any person or entity other than those enumerated above.

Exhibit 10.1 -- Page 5

	10.	
CONFIDENTIAL INFORMATION

Each party hereto ("Such Party") shall hold in trust for the other party hereto ("Such Other Party"), and shall not disclose to any non-party to the Agreement, any Confidential Information of such Other Party.

Contractor hereby acknowledges that during the performance of this contract, the Contractor may learn or receive confidential Client information and therefore Contractor hereby confirms that all such information relating to the client's business will be kept confidential by the Contractor, except to the extent that such information is required to be divulged to the Contractor's clerical or support staff or associates in order to enable Contractor to perform Contractor's contract obligation.

		a)	
Contractor agrees not to disclose or use, except as required in Contractor's duties, at any time, any information disclosed to or acquired by Contractor during the term of this contract. Contractor shall disclose promptly to Client all inventions, discoveries, formulas, processes, designs, trade secrets, and other useful technical information and know-how made, discovered, or developed by Contractor (either alone or in conjunction with any other person) during the term of this contract. Contractor agrees that he shall not, without the written consent of Client, disclose to third parties or use for his own financial benefit or for the financial or other benefit of any competitor of Client, any information, data, and know-how, manuals, disks, or otherwise, including all programs, decks, listings, tapes, summaries of any papers, documents, plans, specifications, or drawings.

		b)	
Contractor shall take all reasonable precautions to prevent any other person with whom Contractor is or may become associated from acquiring confidential information at any time.

		c)	
Contractor agrees that all Confidential Information shall be deemed to be and shall be treated as the sole and exclusive property of Client.

		d)	
Upon termination of this contract, Contractor shall deliver to Client all drawings, manuals, letters, notes, notebooks, reports, and all other materials (including all copies of such materials), relating to such confidential information which are in the possession or under the control of Contractor. Contractor shall sign secrecy agreements provided by Client.

Exhibit 10.1 -- Page 6

	11.	
STATUS OF CONTRACTOR

Contractor is an independent contractor and neither Contractor nor Contractor's staff is or shall be deemed to be employed by Client. Client is hereby contracting with Contractor for the Services described on Exhibit A and Contractor reserves the right to determine the method, manner and mean by which the services will be performed. Contractor is not required to perform the services during a fixed hourly or daily time and if the services are performed at the Client's premises, then Contractors time spent at the premises is to be at the discretion of the Contractor; subject to the Client's normal business hours and security requirements. Contractor hereby confirms to Client that Client will not be required to furnish or provide any training to Contractor to enable Contractor to perform services required hereunder. The services shall be performed by Contractor or Contractor's staff, and Client shall not be required to hire, supervise or pay any assistants to help Contractor who performs the services under this agreement. Contractor shall not be required to devote Contractor's full time nor the full time of Contractor's staff to the performance of the services required hereunder, and it is acknowledged that Contractor has other Clients and Contractor offers services to the general public. The order or sequence in which the work is to be performed shall be under the control of Contractor. Except to the extent that the Contractor's work must be performed on or with Client's computers or Client's existing software, all materials used in providing the services shall be provided by Contractor. Contractor's services hereunder cannot be terminated or cancelled short of completion of the services agreed upon except for Contractor's failure to perform the contract's specification as required hereunder and conversely, subject to Client's obligation to make full and timely payment(s) for Contractor's services as set forth in Exhibit B, Contractor shall be obligated to complete the Services agreed upon and shall be liable for non-performance of the Services to the extent and as provided in Paragraph 3 hereof. Client shall not provide any insurance coverage of any kind for Contractor or Contractor's staff, and Client will not withhold any amount that would normally be withheld from an employee's pay. Contractor shall take appropriate measures to ensure that Contractor's staff is competent and that they do not breach Section 10 hereof.

Each of the parties hereto agrees that, while performing Services under this Agreement, and for a period of 12 months following the termination of this Agreement, neither party will, except with the other party's written approval, solicit or offer employment to the other party's employees or staff engaged in any efforts under this Agreement.

	12.	
CLIENT REPRESENTATIVE

Client's Board of Directors shall represent the Client during the performance of this contract with respect to the services and deliverables as defined herein and has authority to execute written modifications or additions to this contract as defined in Section 2.

	13.	
TAXES

Any and all taxes, except income taxes, imposed or assessed by reason of this contract or its performance, including but not limited to sales or use taxes, shall be paid by the Client. Contractors shall be responsible for any taxes or penalties assessed by reason of any claims that Contractor is an employee of Client and Client and Contractor specifically agree that Contractor is not an employee of Client.

Exhibit 10.1 -- Page 7

	14.	
LIABILITY

Contractor warrants to Client that the material, analysis, data, programs and services to be delivered or rendered hereunder, will be of the kind and quality designated and will be performed by qualified personnel. Special requirements for format or standards to be followed shall be attached as an additional Exhibit and executed by both Client and Contractor. Contractor makes no other warranties, whether written, oral or implied, including without limitation, warranty of fitness for purpose or merchantability. In no event shall Contractor be liable for special or consequential damages, either in contract or tort, whether or not the possibility of such damages has been disclosed to Contractor in advance or could have been reasonably foreseen by Contractor, and in the event this limitation of damages is held unenforceable then the parties agree that by reason of the difficulty in foreseeing possible damages all liability to Client shall be limited to $10,000 (ten thousand dollars) as liquidated damages and not as a penalty.

	15.	
ENFORCEABLE

The provisions of this Agreement shall be enforceable notwithstanding the existence of any claim or cause of action of the Contractor against the Client whether predicated on this Agreement or otherwise.

	16.	
REPRESENTATIONS AND WARRANTIES

 

16.1  General

Contractor represents, warrants and covenants that:

		a)	
Contractor will not knowingly, in the course of performing the Services, infringe or misappropriate the Intellectual Property Right of any other person; and

		b)	
Neither the Work Product nor any element thereof will be the subject to any restriction, mortgage, lien, claim, pledge, security interest, or encumbrance when delivered by Contractor to Client; and

		c)	
Contractor has full right, power, and authority to enter into and perform this Agreement without the consent of any third party; and

		d)	
Contractor will comply with all laws, regulations and ordinances applicable to Contactor's performance of the Services and its other obligations under this Agreement; and

16.2  Performance

Contractor warrants that the Work Product will fully conform to the specifications, requirements, and other terms in Exhibit A. In the event of a breach of this warranty, without limiting any other rights or remedies Client may have, Contractor will promptly repair or replace the Work Product at no additional charge to Client; if the breach has not been fully cured within thirty (30) days after Contractor received notice thereof (or such longer period of time as Client may, in its discretion, give Contractor to cure the breach, by written notice to the Contractor) (the "Cure Period"), Client shall be deemed to have Cause for termination for a period of fourteen (14) days past the Cure Period.

	17.	
COMPLETE AGREEMENT

This agreement contains the entire agreement between the parties hereto with respect to the matters covered herein. No other agreements, representations, warranties or other matters, oral or written, purportedly agreed to or represented by or on behalf of Contractor by any of its employees or agents, or contained in any sales materials or brochures, shall be deemed to bind the parties hereto with respect to the subject matter hereof. Client acknowledges that it is entering into this Agreement solely on the basis of the representations contained herein.

Exhibit 10.1 -- Page 8

	18.	
INDEMNIFICATION

Contractor hereby indemnifies and agrees to defend and hold harmless the Client from and against any and all claims, demands and actions, and any liabilities, damages or expenses resulting there from, including court costs and reasonable attorneys' fees, arising out of or relating to the Services performed by Contractor under this Agreement or the representations and warranties made by Contractor pursuant to Section 16 hereof. Contractor's obligations under this Section 18 hereof shall survive the termination, for any reason, of this Agreement. But, in no event will Client be entitled to any offset against compensation or Fees owed to Contractor. In the event of any third-party claim, demand, suit, or action ( a "Claim") for which Client (or any of its affiliates, employees, or agents) is or may be indemnification hereunder, Client will defend such Claim against Contractor and Clients sole expense.

	19.	
ATTORNEY'S FEES

Should either party hereto, or any heir, personal representative, successor or assign of either party hereto, resort to litigation to enforce this Agreement, the party or parties prevailing in such litigation shall be entitled, in addition to such other relief as may be granted, to recover its or their reasonable attorneys' fees and costs in such litigation from the party or parties against whom enforcement was sought.

	20.	
NONWAIVER

No failure or neglect of either party hereto in any instance to exercise any right, power or privilege hereunder or under law shall constitute a waiver of any other right, power or privilege or of the same right, power or privilege in any other instance. All waivers by either party hereto must be contained in a written instrument signed by the party to be charged and, in the case of the Client, by an executive officer of the Client or other person duly authorized by the Client.

	21.	
APPLICABLE LAW

Contractor shall comply with all applicable laws in performing Services but shall be held harmless for violation of any governmental procurement regulation to which it may be subject but to which reference is not made in Exhibit A. This Agreement shall be construed in accordance with the laws of the State of Florida.

	22.	
SEVERABILITY; ENFORCEMENT

If any provision of this Agreement, or the application thereof to any person, place, or circumstance, shall be held by a court of competent jurisdiction to be invalid, unenforceable, or void, the remainder of this Agreement and such provisions as applied to other persons, places, and circumstances shall remain in full force and effect. It is the intention of the parties that the covenants contained in Sections 3 and 10 shall be enforced to the greatest extent (but to no greater extent) in time, area, and degree of participation as is permitted by the law of that jurisdiction whose law is found to be applicable to any acts allegedly in breach of these covenants. It being the purpose of this Agreement to govern competition by Contractor anywhere throughout the world, these covenants shall be governed by and construed according to that law (from among those jurisdictions arguably applicable to this Agreement and those in which a breach of this Agreement is alleged to have occurred or to be threatened) which best gives them effect.

Exhibit 10.1 -- Page 9

	23.	
SCOPE OF AGREEMENT

If the scope of any of the provisions of the Agreement is too broad in any respect whatsoever to permit enforcement to its full extent, then such provisions shall be enforced to the maximum extent permitted by law, and the parties hereto consent and agree that such scope may be judicially modified accordingly and that the whole of such provisions of this Agreement shall not thereby fail, but that the scope of such provisions shall be curtailed only to the extent necessary to conform to law.

	24.	
NOTICES

All notices or other communications required or permitted hereunder shall be made in writing and shall be deemed to have been duly given if delivered by hand or mailed, postage prepaid, by certified or registered mail, return receipt requested, and addressed to the Client at:

	 	
Nexus Enterprise Solutions

	 	
6810 N. State Road 7

	 	
Coconut Creek, FL 33073

	 	 
	 	
or to the Contractor at:

	 	 
	 	
Christopher Ashe

	 	
DevGen, LLC

	 	
12340 Beragio Place

	 	
Alpharetta, GA 30004

Notice of change of address shall be effective only when done in accordance with this Section.

	25.	
ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the parties with respect to the subject matter;

all prior agreements, representations, statements, negotiations and undertakings are superseded hereby.

IN WITNESS WHEREOF, the parties have executed this Agreement on the dates set forth first above, with full knowledge of its content and significance and intending to be legally bound by the terms hereof.

	
CLIENT

	 	
CONTRACTOR

	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
Authorized Signature

	 	
Authorized Signature

	 	 	 
	 	 	 
	
Print Name and Title

	 	
Print Name and Title

Exhibit 10.1 -- Page 10

 

  

Exhibit A

Services, Deliverables, Performance Targets

		1.	
Position: Chief Executive Officer

		2.	
Services

		a.	
Attend knowledge transfer sessions with former CEO.

		b.	
Assume full operational control of day to day activities by January 1, 2018.

		3.	
Deliverables:

		a.	
Business Plan that identifies market and technology focus of the Client including Performance Targets.Due no later than 12/15/17

		4.	
Performance Targets

		a.	
To be mutually developed and agreed upon as stated in the Business Plan deliverable.

 

 

 

 

 

 

 

  

Exhibit 10.1 -- Page 11

 

Exhibit B

Compensation

		1.	
Monthly Fee – Contractor shall be paid a monthly fee of $10,000 (ten thousand dollars).

		2.	
Variable Fee – Contractor shall be paid a variable amount based on the following formula:

		a.	
5% (five percent) of Total Gross Profit under $100,000 (one hundred thousand dollars)

		b.	
4% (four percent) of Total Gross Profit over $100,000 (one hundred thousand dollars)

		c.	
5%  (five percent) of Gross Profit from Customers sold by Contractor

		3.	
Minimum Combined Fee – For a period of 1 year past the Effective Date of this Agreement, Contractor shall be paid a minimum combined fee of $12,000. If the Monthly Fee and Variable Fee do not equal $12,000 (twelve thousand dollars) or greater, Contractor shall be paid $12,000 (twelve thousand dollars) for the month.

		a.	
Three Months Exception Period – For 3 months pas the Effective Date of this Agreement, the $2,000 (two thousand dollars) of the Minimum Combined Fee will be taken as a Promissory Note as described in Section 4 below.

		4.	
Promissory Note – Client agrees to pay Contractor the Amount of $6,000 (six thousand dollars) over twelve months in equal installments of $500 (five hundred dollars) per month starting in the fourth month.

		5.	
Stock Awards – Contractor shall receive a total of  1,200,000 (one million two hundred thousand) shares of common stock on the following schedule:

	 	
a.

	
Day of Execution of the Agreement:

	
200,000 (two hundred thousand) shares

	 	
b.

	
1/10/18

	
83,333

	 	
c.

	
4/1/18

	
83,333

	 	
d.

	
7/1/18

	
83,333

	 	
e.

	
10/1/18

	
83,333

	 	
f.

	
1/10/19

	
83,333

	 	
g.

	
4/1/19

	
83,333

	 	
h.

	
7/1/19

	
83,333

	 	
i.

	
10/1/19

	
83,333

	 	
j.

	
1/10/20

	
83,333

	 	
k.

	
4/1/20

	
83,333

	 	
l.

	
7/1/20

	
83,333

	 	
m.

	
10/1/20

	
83,333

 

		6.	
Invoicing –

		a.	
Monthly Fee shall be invoiced by Contractor in the 3rd week of each month and due on the first day of each month.

		b.	
Variable Fees shall be invoiced in the first week of each month (for the previous month's performance) and due on the closest business day to the 15th of each month.

		7.	
Delivery of Payment – payments shall be delivered to Contractor via priority delivery service ( such as Fedex or UPS) within 1 day of the due date.

 

 

Exhibit B Continues on next page with Compensation Examples.

 

 

Exhibit 10.1 -- Page 12

 

Exhibit B - continued

Compensation Examples

Examples

		1.	
Total Gross Profit = $40,000

Monthly Fee = $10,000

Gross Profit Sold By Contractor = $0

Variable Fee = 40,000 X .05 = $2,000

Monthly Fee + Variable Fee = $12,000

		2.	
Total Gross Profit = $60,000

Monthly Fee = $10,000

Gross Profit Sold By Contractor = $10,000

Variable Fee = 60,000 X .05 = $3,000

Variable Fee Sold By Contractor = $10,000 X .05 = $500

Monthly Fee + Variable Fees = $13,500

		3.	
Total Gross Profit = $130,000

Monthly Fee = $10,000

Gross Profit Sold By Contractor = $10,000

Variable Fee = 100,000 X .05 = $5,000

Variable Fee = 30,000 X .04 = $1,200

Variable Fee Sold By Contractor = $10,000 X .05 = $500

 Monthly Fee + Variable Fees = $16,700

 

 

 

 

 

 

 

 

 

 

Exhibit 10.1 -- Page 13Exhibit 10.6

 

 

 

EXECUTIVE EMPLOYMENT AGREEMENT

 

THIS AGREEMENT is made effective as
of the 1st day of July, 2017.

 

BETWEEN:

 

ZOMEDICA PHARMACEUTICALS INC., a body corporate duly incorporated
pursuant to the laws of the State of Delaware and having an office in the City of Ann Arbor, Michigan (hereinafter referred to
as the "Corporation")

 

- and -

STEPHANIE MORLEY,
an individual residing in Brighton, Michigan, USA (hereinafter referred to as the "Executive")

 

 

ARTICLE
1

INTERPRETATION

 

		1.1	The phrase "this Agreement" shall include all terms and provisions of this agreement
in writing between the parties hereto, including the recitals.

 

		1.2	Wherever in this Agreement the masculine, feminine or neuter gender is used, it shall be construed
as including all genders, as the context so requires; and wherever the singular number is used, it shall be deemed to include the
plural and vice versa, where the context so requires.

 

		1.3	Time shall in all respects be of the essence of this Agreement.

 

		1.4	The Executive was previously employed as Chief Operating Officer of the Corporation and previously
entered into an employment agreement dated on or about October 1, 2015, together with an addendum thereto (collectively, the "Prior
Employment Agreement") and such Prior Employment Agreement is hereby terminated and substituted by this Agreement.

 

		1.5	The division of this Agreement into Articles, Sections and subsections or any other divisions and
the inclusion of headings are for convenience only and shall not affect the construction or interpretation of all or any part hereof.

 

		1.6	Each party's rights may be exercised concurrently or separately and the exercise of any one remedy
shall not be deemed an exclusive election of such remedy or preclude the exercise of any other remedy.

 

ARTICLE
2

TERM OF AGREEMENT

 

		2.1	The term of this Agreement (the "Term") will begin on the date first written above (the
"Effective Date") and continue for one (1) year, unless terminated prior to then in accordance with this Agreement. This
Agreement shall automatically be extended from year to year, in one (1) year terms, unless either party elects not to extend this
Agreement by providing written notice of such non-extension to the other party at least ninety (90) days prior to the end of any
current Term.

 

     

    	- 2 -

    

 

ARTICLE
3

EMPLOYMENT OF THE EXECUTIVE

 

		3.1	The Corporation wishes to employ at the Effective Date the Executive as COO ("Chief Operations
Officer & VP of Product Development) and the Executive wishes to be employed at the Effective Date by the Corporation on the
terms and conditions set forth herein.

 

		3.2	The Executive shall report directly to the Corporation's Chief Executive Officer (the "CEO").

 

ARTICLE
4

PERFORMANCE OF DUTIES

 

		4.1	The Executive agrees to devote his business time, attention, skill and efforts to the faithful
performance and discharge of his duties and responsibilities as Chief Operations Officer of the Corporation & VP of Product
Development in conformity with professional standards, in a prudent and workmanlike manner and in a manner consistent with the
obligations imposed under applicable law. The Executive shall promote the interests of the Corporation and each other corporation
or other organization which is controlled directly or indirectly by the Corporation and/or the Parent (as hereinafter defined)
(each an "Affiliate" and collectively the "Affiliates") in carrying out the Executive's duties and responsibilities
and shall not deliberately and knowingly take any action, or fail to take any action which failure could, or reasonably be expected
to, have a material and adverse effect on the business of the Corporation or any of its Affiliates.

 

		4.2	The Executive discloses, represents and affirms that he has no obligation toward any person or
entity, including former employers, that would be incompatible with this Agreement or that could create an impediment to or conflict
of interest with the performance of his duties with the Corporation and its affiliates.

 

		4.3	The Executive shall be appointed as Chief Operations Officer & VP of Product Development of
the Corporation's parent company, Zomedica Pharmaceuticals Corp. (the "Parent"), an Alberta incorporated public company
whose common shares are listed and posted for trading on the TSX Venture Exchange. The Executive shall receive no compensation
for his services under this Section 4.3 in addition to his compensation otherwise payable under this Agreement.

 

		4.4	The Corporation and the Executive agree that the Executive may continue to sit upon the board of
directors of any corporations or organizations on which he serves on the Effective Date as long as the CEO and the Executive mutually
agree that his membership on any such board of directors does not unreasonably interfere with the performance of Executive's duties
and responsibilities under this Agreement and, solely with the prior written authorization of the CEO, the Executive may serve
on any other board of directors.

 

ARTICLE
5

COMPENSATION

 

		5.1	Annual Base Salary. The Corporation shall pay the Executive a base annual salary (the "Base
Salary") which initially shall be TWO HUNDRED THOUSAND DOLLARS US (US$200,000), subject to applicable taxable withholding
and deductions and payable in accordance with the Corporation's standard payroll practice for executive officers. The Base Salary
shall be reviewed annually by the Board or a committee of the Board and may be increased in accordance with the Corporation's compensation
policy.

 

     

    	- 3 -

    

 

		5.2	Quarterly Cash Bonus. The Executive shall be eligible to earn a quarterly cash bonus (the
"Quarterly Bonus"). Such Quarterly Bonus will be calculated upon the achievement of performance objectives that will
be established by the Board (as recommended by the Corporation's Compensation Committee) within thirty (30) days prior to the beginning
of a fiscal year. The granting of a Quarterly Bonus is also based on the business performance of the Corporation and subject to
approval by the Board. The Quarterly Bonus, if any, payable for any calendar year shall be paid no later than 30 days following
each Quarter. Finally, if the Executive's employment terminates (other than for Cause) on or after July 1 of a calendar year, he
shall be entitled to the payment of a pro rata part of any Quarterly Bonus, which would have been payable if he had continued to
be employed by the Corporation through the end of such calendar year.

 

		5.3	Monthly Allowance. The Corporation shall provide the Executive a monthly allowance in the
amount of TWO THOUSAND DOLLARS US (US$2,000), which shall be paid as an allowance in respect of the following items: (i) vehicle;
and (ii) tax preparation. The foregoing amount shall be allocated among the foregoing items in such manner as the Executive determines,
subject to the approval of the CEO (acting reasonably).

 

		5.4	Business Expenses. The Corporation shall reimburse the Executive, upon presentation of valid
receipts or vouchers, for reasonable entertainment, travel, telephone and other business expenses (including but not limited to
expenses incurred in connection with computer repair/maintenance and office materials), incurred on behalf of or at the request
of the Corporation or an Affiliate and which are in accordance with the Corporation's policies and rules; provided, however:
(a) the amount of such expenses eligible for reimbursement in any calendar year shall not affect the expenses eligible for reimbursement
in another calendar year; (b) no right to such reimbursement may be exchanged or liquidated for another benefit or payment;
and (c) any reimbursements of such expenses shall be made as soon as practicable under the circumstances, but in any event no later
than the end of the calendar year following the calendar year in which the related expenses are incurred by the Executive.

 

		5.5	OTHER BENEFITS. Subject to eligibility requirements and participation rules, the Executive
may participate in all of the employee benefit plans maintained by the Corporation and its Affiliates that are available to employees
whose principal place of business is the same as the Executive's principal place of business.

 

ARTICLE
6

VACATION

 

		6.1	The Executive shall be entitled to a paid annual vacation of three (3) weeks in accordance with
the Corporation's vacation policy for executives. The Executive agrees that exercise of the vacation benefit shall be prearranged
in consultation with the CEO. The full annual vacation benefit shall be extended to the Executive for 2017.

 

ARTICLE
7

STOCK OPTIONS

 

		7.1	Initial Grant: Following the execution of this Agreement, the Executive shall be granted
500,000 options to acquire common shares in the capital of the Parent, with the price and terms of such options to be established
by the Board of Directors of the Parent in accordance with the Parent's stock option plan.

 

     

    	- 4 -

    

 

		7.2	Stock Options. In addition to the Base Salary, Quarterly Bonuses, benefits and other compensation
contemplated hereunder, the Executive shall also be eligible to receive future grants of stock options from the Parent, from time
to time, to the extent determined by the Board of Directors of the Parent at its sole discretion, which options shall vest in accordance
with a schedule to be determined by the Board of Directors of the Parent at its sole discretion, and which shall have an exercise
price equal to the market price of the Parent's common shares on the date of grant, or such higher price as may be required by
any stock exchange on which the shares of the Parent are listed, or if the Parent is not publicly traded, at such a price as shall
be determined by the Board of Directors of the Parent in its sole discretion. In addition to the initial grant of options contemplated
in Section 7.1 above, it is further acknowledged and agreed that the Executive shall be entitled to the following additional grants
of options to acquire common shares in the capital of the Parent: (i) 500,000 options upon the Effective Date, (ii) 500,000 options
in Q4 of 2017 and as established by the CEO.The foregoing future grants of stock options are contingent upon this Agreement being
in full force and effect at the scheduled time of such option grants (with no material breaches of this Agreement having occurred).
The terms of such future stock option grants shall be determined by the Board of Directors of the Parent at the time of grant and
in accordance with the Parent's stock option plan and applicable TSX Venture Exchange rules and policies. Any options granted to
the Executive by the Board of Directors of the Corporation, or pursuant to the terms of this Agreement, may be exercised only in
accordance with the terms and conditions of the Stock Option Agreement that is entered into in connection therewith.

 

		7.3	Accelerated Vesting. Subject to regulatory approval, the Corporation covenants and agrees
that any Stock Option Agreements between the Parent and the Executive shall provide that all stock options held by the Executive,
whether vested or unvested, shall immediately vest and be exercisable by the Executive upon a termination by the Corporation without
Cause as more specifically provided for in Article 8.2.

 

		7.3	Rules of the Stock Exchanges. The Corporation and the Executive expressly acknowledge and
agree that all options to purchase shares of the Parent to which the Executive shall be entitled hereunder, and any changes to
such options (including, without limitation, changes provided for in this Agreement), shall be subject to the approval and the
regulations, policies and by-laws of each of the stock exchanges on which the common voting shares of the Parent are then listed.
The Corporation covenants to use its reasonable commercial efforts to obtain any such approvals and to ensure that all options
are in compliance with such regulations, policies and by-laws.

 

ARTICLE
8

TERMINATION

 

		8.1	At-Will Employment. Nothing in this Agreement shall be construed to alter the atwill employment
relationship between the Corporation and the Executive. Subject to the terms set forth in this Agreement, either the Corporation
or the Executive may terminate the Executive's employment at any time for any reason, with or without Cause, as defined in Section
8.2 below.

 

		8.2	Termination for Cause. The Executive's employment may be terminated by the Corporation upon
simple notice in writing transmitted to the Executive, without the Corporation (or any of its Affiliates) being bound to pay any
compensation whatsoever if termination is for any of the following reasons, each of which constitutes cause (hereinafter, "Cause"):

 

		(a)	The Executive is declared bankrupt or insolvent or is placed under protective supervision, which
situations the Executive acknowledges to be incompatible with the continuation of his employment.

 

     

    	- 5 -

    

 

		(b)	The Executive becomes physically or mentally disabled to such an extent as to make him unable to
perform the essential functions of his duties normally and adequately for an aggregate of six (6) months during a period of twelve
(12) consecutive months. In such a case, the Executive may continue to benefit under short-term and long-term disability insurance
plans, subject to the terms of such plans, if any. The Corporation's ability to terminate the Executive as a result of any disability
shall be to the extent permitted by applicable state or federal law.

 

		(c)	The Executive breaches the terms of this Agreement.

 

		(d)	The Executive fundamentally or materially fails to perform her duties as Chief Operations Officer
of the Corporation.

 

		(e)	There is a conclusive determination that the Executive has committed any fraud, theft, embezzlement
or other criminal act of a similar nature.

 

		(f)	The Executive has committed serious misconduct or willful or gross negligence in the performance
of his duties.

 

		(g)	The Executive fails or refuses to follow reasonable directives of the CEO.

 

		(h)	The Executive engages in willful or reckless conduct, causing material damage to the Corporation
or the Parent (or their Affiliates) or the Corporation's or the Parent's (or their Affiliates') business.

 

		(i)	The Executive misuses or abuses alcohol, drugs or controlled substances.

 

		(j)	The Executive uses or discloses in an unauthorized way the Corporation's or the Parent's (or any
of their Affiliates') confidential or trade secret information.

 

		(k)	The Executive conducts himself publicly, by speech or behavior, in such a manner as to cause public
embarrassment, scandal or ridicule to the Corporation or the Parent, any of their Affiliates or any of their employees.

 

Provided, however, no reason set forth
in this Section 8.2 shall constitute Cause unless (1) the Executive upon notice is given a reasonable period to effect a cure or
a correction; (2) the reason is curable or correctible as determined by the Board; and, (3) the reason clearly and adversely
affects the Executive's ability to continue to perform his duties and responsibilities under this Agreement.

 

		8.3	Termination by Death. In the event of the Executive's death during his period of employment,
the Corporation's obligation to make payments under this Agreement shall terminate on the date of death, except the Corporation
shall pay the Executive's estate or surviving designated beneficiary or beneficiaries, as appropriate, any earned but unpaid salary
and bonus and reimburse business expenses incurred but not reimbursed as of his date of death. Vesting of any stock options outstanding
on the date of death shall be exercisable only to the extent the Executive's right to exercise was vested on his date of death.

 

		8.4	Voluntary Termination. In the event Executive wishes to resign for any reason or the Corporation
wishes to terminate his employment without Cause, the Executive shall give, or receive, as applicable at least thirty (30) days
prior written notice of such resignation or termination, whichever is applicable. Any such notice shall not relieve either the
Executive or the Corporation of their mutual obligations to perform under this Agreement or to relieve the Corporation to compensate
the Executive during such notice period for any earned but unpaid salary and bonus and reimburse business expenses incurred but
not reimbursed as of his date of termination.

 

     

    	- 6 -

    

 

		8.5	Termination Without Cause. In the event that the Executive has a "separation from service"
within the meaning of a §409A of the US Internal Revenue Code of 1986, as amended (a "Separation from Service")
as a result of the Corporation terminating the Executive's employment without Cause at a date that is at following the Effective
Date, (1) Executive's right to exercise all then outstanding stock options granted to him shall fully and immediately vest on the
effective date of his Separation from Service; (2) the Corporation shall pay to Executive in a lump sum (less applicable tax
withholdings) an amount equal to: (i) twelve (12) months Base Salary (paid  in  accordance 
with  the  Corporation's usual payroll procedures);
and (ii) any Quarterly Bonus allocable or payable prior
to the date of termination.

 

ARTICLE
9

CONFIDENTIALITY

 

		9.1	The Executive acknowledges that he has received and will receive or conceive, in carrying on or
in the course of his work during his employment with the Corporation, confidential information pertaining to the activities, the
technologies, the operations and the business, past, present and future, of the Corporation or its affiliates or related or associated
companies, which information is not in the public domain. The Executive acknowledges that such confidential information belongs
to the Corporation and/or its affiliates and that its disclosure or unauthorized use could be damaging or prejudicial to the Corporation
and/or its affiliates and contrary to their best interests.

 

		9.2	Accordingly, the Executive agrees to respect the confidentiality of such information and not to
make use of or disclose it to, or to discuss it with, any person, other than in the ordinary course of his duties with the Corporation
and its Affiliates, or as required under applicable law, without the explicit prior written authorization of the Corporation.

 

		9.3	This undertaking to respect the confidentiality of such information and not to make use of or disclose
or discuss it to or with any person shall survive and continue to have full effect notwithstanding the termination of the Executive's
employment with the Corporation, so long as such confidential information does not become public as a result of an act by the Corporation
or a third party, which act does not involve the fault of one of its executives.

 

		9.4	The term confidential information includes, among other things:

 

		(a)	products, formulae, processes and composition of products, as well as raw materials and ingredients,
of whatever kind, that are used in their manufacture;

 

		(b)	technical knowledge and methods, quality control processes, inspection methods, laboratory and
testing methods, information processing programs and systems, manufacturing processes, plans, drawings, tests, test reports and
software;

 

		(c)	equipment, machinery, devices, tools, instruments and accessories;

 

		(d)	financial information, production cost data, marketing strategies, raw materials supplies, suppliers,
staff and client lists and related information, marketing plans, sales techniques and policies, including pricing policies, sales
and distribution data and present and future expansion plans; and

 

     

    	- 7 -

    

 

		(e)	research, experiments, inventions, discoveries, developments, improvements, ideas, industrial secrets
and know-how.

 

		9.5	The Executive agrees to keep confidential and not disclose to any third party both the existence
and the terms of this Agreement, except if disclosure is required by regulation or law. In the event that the Executive is required
to disclose the existence or terms of this Agreement pursuant to subpoena or other duly issued court order, Executive shall give
prompt notice to the Corporation of such subpoena or court order to allow the Corporation sufficient opportunity to contest such
subpoena or court order.

 

ARTICLE
10

NON-SOLICITATION OF OFFERS

 

		10.1	The Executive shall not compete with the Corporation nor with any of its Affiliates, directly or
indirectly. He shall not participate in any capacity whatsoever in a business that would directly or indirectly compete with the
Corporation or with any of its Affiliates, including, without limitation, as an executive, director, officer, employer, principal,
agent, fiduciary, administrator of another's property, associate, independent contractor, franchisor, franchisee, distributor or
consultant unless such participation is fully disclosed to the Board and approved in writing in advance. In addition, the Executive
shall not have any interest whatsoever in such an enterprise, including, without limitation, as owner, shareholder, partner, limited
partner, lender or silent partner. This noncompetition covenant is limited as follows:

 

		(a)	As to the time period, to the duration of the Executive's employment and for a period of
two (2) years following the date of termination of his employment;

 

		(b)	As to the geographical area, the territory in which a specific product had been actively
exploited by the Corporation and/or its Affiliates during the twenty-four (24) months preceding the employment termination date;

 

		(c)	As to the nature of the activities, to duties or activities which are identical or substantially
similar to those performed or carried on by the Executive at or during the twenty-four (24) months preceding the employment termination
date.

 

		10.2	The foregoing stipulation shall nevertheless not prevent the Executive from buying or holding shares
or other securities of a corporation or entity other than the Corporation whose securities are publicly traded on a recognized
stock exchange where the securities so held by the Executive do not represent more than five percent (5%) of the voting shares
of such other corporation or entity and do not allow for its control.

 

		10.3	The Executive also undertakes, for the same period and in respect of the same territory referred
to hereinabove in subsections 10.1(a), (b) and (c), not to solicit clients or do anything whatsoever to induce or to lead any person
to end, in whole or in part, business relations with the Corporation or any of its affiliates.

 

		10.4	The Executive also undertakes, for the same period and in respect of the same territory referred
to hereinabove in subsections 10.1(a), (b) and (c), not to induce, attempt to induce or otherwise interfere in the relations which
the Corporation or which any of its affiliates has with their distributors, suppliers, representatives, agents and other parties
with whom the Corporation or any of its affiliates deals.

 

		10.5	The Executive also undertakes, for the same period and in respect of the same territory referred
to in subsections 10.1(a), (b) and (c), not to induce, attempt to induce or otherwise solicit the personnel of the Corporation
to leave their employment with the Corporation or any of its Affiliates nor to hire the personnel of the Corporation or any of
its Affiliates for any enterprise in which the Executive has an interest.

 

     

    	- 8 -

    

 

		10.6	The Executive acknowledges that the provisions of this Section 10 are limited as to the time period,
the geographic area and the nature of the activities to what the parties deem necessary to protect the legitimate interests of
the Corporation and its Affiliates, while allowing the Executive to earn his living.

 

		10.7	Nothing in this Section 10 shall operate to reduce or extinguish the obligations of the Executive
arising at law or under this contract which survive at the termination of this Agreement in reason of their nature and, in particular,
without limiting the foregoing, the Executive's duty of loyalty and obligation to act faithfully, honestly and ethically.

 

ARTICLE
11

OWNERSHIP OF INTELLECTUAL PROPERTY

 

		11.1	The Executive hereby assigns and agrees to assign to the Corporation all of his intellectual property
rights as of their creation and to make full and prompt disclosure to the Corporation of all information relating to anything made
or designed by him or that may be made or designed by him during the period of his employment, whether alone or jointly with other
persons, or within a period of two (2) years following the termination of his employment and resulting from or arising out of any
work performed by the Executive on behalf of the Corporation (or its affiliates) or connected with any matter relating or possibly
relating to any business in which the Corporation or any of its affiliates or related or associated companies is involved unless
specifically released from such obligation in writing by the Corporation's Board of Directors.

 

		11.2	In addition, the Executive renounces all moral rights in any document or work realized during the
period of his employment related to his employment by the Corporation. The Executive acknowledges that the Corporation has the
right to use, modify or reproduce any such document or work realized by the Executive, at its entire discretion, without the Executive's
authorization and without his name being mentioned.

 

		11.3	At any time during the period of his employment or after the termination of his employment, the
Executive shall sign, acknowledge and deliver, at the Corporation's expense, but without compensation other than a reasonable sum
for his time devoted thereto if his employment has then terminated, any document required by the Corporation to give effect to
Section 11.1, including patent applications and documents evidencing the assignment of ownership. The Executive shall also provide
such other assistance as the Corporation or one of its affiliates may require with respect to any proceeding or litigation relating
to the protection or defense of intellectual property rights belonging to the Corporation or any of its affiliates. The entirety
of this Section 11 shall be binding on the Executive's assignees and legal representatives.

 

ARTICLE
12

OWNERSHIP OF FILES AND OTHER PROPERTY

 

		12.1	Any property of the Corporation, including any file, sketch, drawing, letter, report, memorandum
or other document, any equipment, machinery, tool, instrument or other device, any diskette, recording tape, compact disc, software,
electronic communication device or any other property, which comes into the Executive's control or possession during his employment
with the Corporation in the performance or in the course of his duties, regardless of whether he has participated in its preparation
or design, how it may have come under his control or into his possession and whether it is an original or a copy, shall at all
times remain the property of the Corporation and, upon the termination of the Executive's employment, shall promptly be returned
to the Corporation or its designated representative.. The Executive may not keep a copy or give one to a third party without the
prior expressly written permission of the Corporation.

 

     

    	- 9 -

    

 

ARTICLE
13

ENTIRE AGREEMENT AND TERMINATION OF PRIOR CONTRACTS

 

		13.1	This Agreement contains the entire understanding of the parties with respect to the matters contained
or referred to herein. There are no promises, covenants or undertakings by either party hereto to the other, other than those expressly
set forth herein. This Agreement supersedes and replaces any earlier agreement, whether oral or in writing or partly oral and partly
in writing, between the parties hereto (including but not limited to the Prior Employment Agreement), or between any party hereto
and the corporate representative of any other party hereto, respecting the provision of services by the Executive to the Corporation.

 

ARTICLE
14

AMENDMENT OF THE AGREEMENT

 

		14.1	To be valid and enforceable, any amendment to this Agreement must be confirmed in writing by each
of the Corporation and the Executive.

 

ARTICLE
15

NOTICES

 

		15.1	Any notice given hereunder shall be given in writing and sent by registered or certified mail or
hand-delivered. If such notice is sent by registered or certified mail, it shall be deemed to have been received five (5) business
days following the date of its mailing if the postal services are working normally. If such is not the case, the notice must be
hand-delivered or served by bailiff, at the discretion of the sender. In the case of hand-delivery or service, the notice shall be
deemed to have been received the same day. It is agreed that if the delivery date is a non business day, the notice shall be deemed
to have been received on the following business day.

 

		15.2	For purposes of mailed or hand-delivered notices to be effectively delivered under this provision,
the notices must be addressed as follows:

 

		(a)	For the Corporation: 1250, 639 – 5th Avenue S.W., Calgary, Alberta T2P 0M9.

 

		(b)	For the Executive: 4557 Filbert Drive, Brighton, Michigan, USA 48116.

 

ARTICLE
16

INDEMNITY AND INSURANCE

 

		16.1	The Corporation covenants, both during and after the Executive's term of service, to indemnify
and hold harmless the Executive and his legal representatives, to the maximum extent permitted by Delaware law (provided that the
Executive acted honestly and in good faith with a view to the best interests of the Corporation and, in the case of a criminal
or administrative action or proceeding that is enforced by monetary penalty, the Executive had reasonable grounds for believing
that his conduct was lawful), from and against:

 

		(a)	all costs, charges, liabilities and expenses whatsoever that the Executive may sustain or incur
in or about or in relation to any action, suit or proceeding that is brought, commenced or prosecuted against the Executive for
or in respect of any act, deed, matter or thing whatever made, done or permitted or not made, done or permitted by the Executive
in or about the execution of his duties as a director or officer of the Corporation or its subsidiaries; and

 

     

    	- 10 -

    

 

		(b)	all other costs, charges, liabilities and expenses that the Executive may sustain or incur (including,
without limitation, all income tax, sales tax and excise tax liabilities resulting from any payment made pursuant to this indemnity)
in or about or in relation to the affairs of the Corporation or its subsidiaries or his position as a director or officer of the
Corporation or its subsidiaries.

 

		16.2	The Corporation further agrees that any costs, charges and expenses referred to in paragraph 16.1(a)
above shall be paid in advance of the final disposition of any such action or proceeding upon receipt by the Corporation of a written
undertaking by the Executive to repay such amount if it shall ultimately be determined that the Executive is not entitled to be
indemnified in accordance with the terms and conditions of this Indemnity and Delaware law.

 

		16.3	The Corporation further agrees, both during and after the Executive's term of service, to use its
reasonable best efforts to obtain any approval or approvals necessary for such indemnification and to co-operate with the Executive
and to provide the Executive with access to any evidence which the Corporation may have or control, which would enable the Executive
to make application or obtain any approval or approvals necessary for such indemnification.

 

ARTICLE
17

SUCCESSORS

 

		17.1	This Agreement shall be binding on the successors, assignees and legal representatives of all of
the parties hereto.

 

ARTICLE
18

JURISDICTION

 

		18.1	This Agreement shall be governed by and interpreted in accordance with the laws, including conflicts
of laws, by the State of Delaware in the United States of America. Each of the parties hereby irrevocably attorns to the jurisdiction
of the Courts of the State of Delaware with respect to any matters arising out of this Agreement.

 

ARTICLE
19

SEVERABILITY

 

		19.1	If any provision of this Agreement or the application thereof is held invalid, the invalidity shall
not affect other provisions or applications of this Agreement, which can be given effect without the invalid provisions or applications
and, to this end, the provisions of this Agreement are declared to be severable.

 

ARTICLE
20

MEDIATION

 

		20.1	The Corporation and the Executive hereby expressly agree that with respect to any dispute arising
under this Agreement, such dispute shall be resolved through binding mediation. Any such mediation shall: (1) take place at a location
mutually agreed upon by the Corporation and the Executive; and (2) be conducted by a recognized panel of three professional
mediators or which can be comprised of three experienced business experts from the pharmaceutical or biotechnical industry mutually
agreed upon by the Corporation and the Executive. With respect to any such mediation panel, one mediator shall be selected by the
Corporation, one mediator shall be selected by the Executive, and one mediator shall be selected by mutual agreement between the
Corporation and the Executive. Each of the parties hereto shall bear their own, respective costs of such mediation.

 

     

    	- 11 -

    

 

ARTICLE
21

LANGUAGE

 

		21.1	All of the parties hereto expressly agree that this Agreement be drafted, read and interpreted
in the English language.

 

ARTICLE
22

GENERAL

 

		22.1	This Agreement and the obligations of the Executive hereunder shall not be assigned by either party
hereto, in whole or in part, without the prior consent of the other party hereto, which consent may be withheld for any reason.

 

		22.2	Each party shall do and perform all such acts and things and execute and deliver all such instruments
and documents and writings and give all such further assurances as may be necessary to give full effect to the provisions and intent
of this Agreement.

 

		22.3	The Executive agrees that after termination of employment hereunder for any reason whatsoever,
he will tender his resignation from any position he may hold as an officer or director of the Corporation, the Parent or their
Affiliates.

 

		22.4	This Agreement shall enure to the benefit of and be binding upon the Executive and his executors
and administrators and upon the Corporation and its successors and assigns.

 

		22.5	Neither party can waive or shall be deemed to have waived any right it has under this Agreement
(including any waiver under this section) except to the extent that such waiver is in writing.

 

		22.6	The Corporation agrees to co-operate with the Executive, to the extent permitted by applicable
tax laws, so as to permit the Executive to consider payments hereunder on termination of employment to be retirement benefits.

 

ARTICLE
23

COUNTERPARTS

 

		23.1	This Agreement may be executed in counterparts, each of which shall be deemed one and the same
Agreement.

 

[Reminder of page intentionally left blank.]

 

 

     

    	- 12 -

    

 

IN WITNESS WHEREOF the parties have executed this
Agreement as of the date and year first above written.

 

	 	 	ZOMEDICA PHARMACEUTICALS CORP.
	 	 	 
	 	 	 
	 	 	Per: 	/s/ Gerald Solensky Jr.
	 	 	 	Gerald Solensky Jr.
	 	 	 	Chairman, CEO
	 	 	 
	 	 	 
	 	 	 
	/s/ Sara Woellner	 	/s/ Stephanie Morley
	Witness	 	STEPHANIE MORLEY
	Name: Sara Woellner

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