Document:

Exhibit
4.13

 

THIS
INSTRUMENT AND ANY SECURITIES ISSUABLE PURSUANT HERETO HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR UNDER THE SECURITIES LAWS OF CERTAIN STATES. THESE SECURITIES MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED,
PLEDGED OR HYPOTHECATED EXCEPT AS PERMITTED UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS PURSUANT TO AN EFFECTIVE REGISTRATION
STATEMENT OR AN EXEMPTION THEREFROM.

 

SOS
HYDRATION INC.

 

SAFE

(Simple
Agreement for Future Equity)

 

THIS
CERTIFIES THAT in exchange for the payment by [---] (the “Investor”) of [---] (the “Purchase Amount”)
on or about [---], SOS HYDRATION INC., a California corporation (the “Company”), hereby issues to the Investor the
right to certain shares of the Company’s capital stock, subject to the terms set forth below.

 

The
“Valuation Cap” is $14,000,000.

The
“Discount Rate” is 100 minus 50%, provided that, if prior to July 1, 2021 the Company raises at least $1,000,000
in aggregate gross proceeds in an Equity Financing from parties outside of the current SOS Investor Group, the Discount Rate shall be
100 minus 25%.

See
Section 2 for certain additional defined terms.

1.       Events

 

(a)Equity
Financing. If there is an Equity Financing before the expiration or termination of this instrument, the Company will automatically
issue to the Investor a number of shares of Safe Common Stock equal to the Purchase Amount divided by the Conversion Price.

In
connection with the issuance of Safe Common Stock by the Company to the Investor pursuant to this Section 1(a):

(i)
The Investor will execute and deliver to the Company all transaction documents related to the Equity Financing; provided, that
such documents are the same documents to be entered into with the purchasers of Standard Preferred Stock, with appropriate variations
for the Safe Common Stock if applicable, and provided further, that such documents have customary exceptions to any drag-along
applicable to the Investor, including, without limitation, limited representations and warranties and limited liability and indemnification
obligations on the part of the Investor; and

(ii)       The
Investor and the Company will execute a Pro Rata Rights Agreement, unless the Investor is already included in such rights in the transaction
documents related to the Equity Financing.

(b)Liquidity
Event. If there is a Liquidity Event before the expiration or termination of this instrument, the Investor will, at its option,
either (i) receive a cash payment equal to the Purchase Amount (subject to the following paragraph) or (ii) automatically receive from
the Company a number of shares of Common Stock equal to the Purchase Amount divided by the Liquidity Price, if the Investor fails to
select the cash option.

In
connection with Section (b)(i), the Purchase Amount will be due and payable by the Company to the Investor immediatelythe consummation
of the Liquidity Event. If there are not enough funds to pay the Investor and
holders of other Safes (collectively, the “Cash-Out Investors”) in full, then all of the Company’s available
funds will be distributed with equal priority and pro rata among the Cash-Out Investors in proportion to their Purchase Amounts,
and the Cash-Out Investors will automatically receive the number of shares of Common Stock equal to the remaining unpaid Purchase Amount
divided by the Liquidity Price. In connection with a Change of Control intended to qualify as a tax-free reorganization, the Company
may reduce, pro rata, the Purchase Amounts payable to the Cash-Out Investors by the amount determined by its board of directors
in good faith to be advisable for such Change of Control to qualify as a tax-free reorganization for U.S. federal income tax purposes,
and in such case, the Cash-Out Investors will automatically receive the number of shares of Common Stock equal to the remaining unpaid
Purchase Amount divided by the Liquidity Price.

    	 

    	 

    

(c)Dissolution
Event. If there is a Dissolution Event before this instrument expires or terminates, the Company will pay an amount equal to
the Purchase Amount, due and payable to the Investor immediatelythe consummation of the Dissolution Event. The Purchase Amount will be
paid prior and in preference to any Distribution of any of the assets of the Company to holders of outstanding Capital Stock by reason
of their ownership thereof. If consummation of the Dissolution Event, the assets of the Company legally available for distribution to
the Investor and all holders of all other Safes (the “Dissolving Investors”), as determined in good faith by the Company’s
board of directors, are insufficient to permit the payment to the Dissolving Investors of their respective Purchase Amounts, then the
entire assets of the Company legally available for distribution will be distributed with equal priority and pro rata among the
Dissolving Investors in proportion to the Purchase Amounts they would otherwise be entitled to receive pursuant to this Section 1(c).

(d)Termination.
This instrument will expire and terminate (without relieving the Company of any obligations arising from a prior breach of or non-compliance
with this instrument) upon either (i) the issuance of stock to the Investor pursuant to Section 1(a) or Section 1(b)(ii); or (ii) the
payment, or setting aside for payment, of amounts due the Investor pursuant to Section 1(b)(i) or Section 1(c).

 

2.       Definitions

 

“Capital
Stock” means the capital stock of the Company, including, without limitation, the “Common Stock”.

“Change
of Control” means (i) a transaction or series of related transactions in which any “person” or “group”
(within the meaning of Section 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended), becomes the “beneficial owner”
(as defined in Rule 13d-3 under the Securities Exchange Act of 1934, as amended), directly or indirectly, of more than 50% of the outstanding
voting securities of the Company having the right to vote for the election of members of the Company’s board of directors, (ii) any
reorganization, merger or consolidation of the Company, other than a transaction or series of related transactions in which the holders
of the voting securities of the Company outstanding immediately prior to such transaction or series of related transactions retain, immediately
after such transaction or series of related transactions, at least a majority of the total voting power represented by the outstanding
voting securities of the Company or such other surviving or resulting entity or (iii) a sale, lease or other disposition of all
or substantially all of the assets of the Company.

    	 

    	 

    

“Conversion
Price” means the either: (1) the Safe Price or (2) the Discount Price, whichever calculation results in a greater number of
shares of Safe Common Stock.

“Discount
Price” means the price per share of the Standard Common Stock sold in the Equity Financing multiplied by the Discount Rate.

“Distribution”
means the transfer to holders of Capital Stock by reason of their ownership thereof of cash or other property without consideration whether
by way of dividend or otherwise, other than dividends on Common Stock payable in Common Stock, or the purchase or redemption of Capital
Stock by the Company or its subsidiaries for cash or property other than: (i) repurchases of Common Stock held by employees, officers,
directors or consultants of the Company or its subsidiaries pursuant to an agreement providing, as applicable, a right of first refusal
or a right to repurchase shares upon termination of such service provider’s employment or services; or (ii) repurchases of
Capital Stock in connection with the settlement of disputes with any stockholder.

 

“Dissolution
Event” means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors
or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary
or involuntary.

“Equity
Financing” means a bona fide transaction or series of transactions with the principal purpose of raising capital, pursuant
to which the Company issues and sells Preferred Stock at a fixed pre-money valuation.

“Initial Public Offering” means the closing of the Company’s first firm commitment underwritten initial public
offering of Common Stock pursuant to a registration statement filed under the Securities Act.

 

“Liquidity
Capitalization” means the number, of

 

“Liquidity
Event” means a Change of Control or an Initial Public Offering.

“Liquidity
Price” means the price per share equal to the Valuation Cap divided by .

“Pro
Rata Rights Agreement” means a written agreement between the Company and the Investor (and holders of other Safes, as appropriate)
giving the Investor a right to purchase its pro rata share of private placements of securities by the Company occurring
after the Equity Financing, subject to customary exceptions. Pro rata for purposes of the Pro Rata Rights Agreement will
be calculated based on the ratio of (1) the number of shares of Capital Stock owned by the Investor immediately prior to the issuance
of the securities to (2) the total number of shares of outstanding Capital Stock on a fully diluted basis, calculated as of immediately
prior to the issuance of the securities. 

“Safe” means an instrument containing a future right to shares of Capital Stock, similar in form and content to this
instrument, purchased by investors for the purpose of funding the Company’s business operations.

“Safe
Common Stock” means the shares of a series of Common Stock issued to the Investor in an Equity Financing, having the identical
rights, privileges, preferences and restrictions as the shares of Standard Common Stock, other than with respect to: (i) the per share
liquidation preference and the conversion price for purposes of price-based anti-dilution protection,
which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

    	 

    	 

    

“Safe
Price” means the price per share equal to divided .

“Standard
Common Stock” means the shares of a series of Common Stock issued to the investors investing new money in the Company in connection
with the initial closing of the Equity Financing.

 

3.       Company
Representations

(a)The
Company is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation, and
has the power and authority to own, lease and operate its properties and carry on its business as now conducted.

(b)The
execution, delivery and performance by the Company of this instrument is within the power of the Company and, other than with respect
to the actions to be taken when equity is to be issued to the Investor, has been duly authorized by all necessary actions on the part
of the Company. This instrument constitutes a legal, valid and binding obligation of the Company, enforceable against the Company in
accordance with its terms, except as limited by bankruptcy, insolvency or other laws of general application relating to or affecting
the enforcement of creditors’ rights generally and general principles of equity. To the knowledge of the Company, it is not in
violation of (i) its current certificate of incorporation or bylaws, (ii) any material statute, rule or regulation applicable to the
Company or (iii) any material indenture or contract to which the Company is a party or by which it is bound, where, in each case, such
violation or default, individually, or together with all such violations or defaults, could reasonably be expected to have a material
adverse effect on the Company.

(c)The
performance and consummation of the transactions contemplated by this instrument do not and will not: (i) violate any material judgment,
statute, rule or regulation applicable to the Company; (ii) result in the acceleration of any material indenture or contract to
which the Company is a party or by which it is bound; or (iii) result in the creation or imposition of any lien upon any property,
asset or revenue of the Company or the suspension, forfeiture, or nonrenewal of any material permit, license or authorization applicable
to the Company, its business or operations.

(d)No
consents or approvals are required in connection with the performance of this instrument, other than: (i) the Company’s corporate
approvals; (ii) any qualifications or filings under applicable securities laws; and (iii) necessary corporate approvals for the authorization
of Capital Stock issuable pursuant to Section 1.

(e)To
its knowledge, the Company owns or possesses (or can obtain on commercially reasonable terms) sufficient legal rights to all patents,
trademarks, service marks, trade names, copyrights, trade secrets, licenses, information, processes and other intellectual property rights
necessary for its business as now conducted and as currently proposed to be conducted, without any conflict with, or infringement of
the rights of, others.

 

4.       Investor
Representations

(a)The
Investor has full legal capacity, power and authority to execute and deliver this instrument and to perform its obligations hereunder.
This instrument constitutes valid and binding obligation of the Investor, enforceable in accordance with its terms, except as limited
by bankruptcy, insolvency or other laws of general application relating to or affecting the enforcement of creditors’ rights generally
and general principles of equity.

    	 

    	 

    

(b)The
Investor is an accredited investor as such term is defined in Rule 501 of Regulation D under the Securities Act. The Investor
has been advised that this instrument and the underlying securities have not been registered under the Securities Act, or any state securities
laws and, therefore, cannot be resold unless they are registered under the Securities Act and applicable state securities laws or unless
an exemption from such registration requirements is available. The Investor is purchasing this instrument and the securities to be acquired
by the Investor hereunder for its own account for investment, not as a nominee or agent, and not with a view to, or for resale in connection
with, the distribution thereof, and the Investor has no present intention of selling, granting any participation in, or otherwise distributing
the same. The Investor has such knowledge and experience in financial and business matters that the Investor is capable of evaluating
the merits and risks of such investment, is able to incur a complete loss of such investment without impairing the Investor’s financial
condition and is able to bear the economic risk of such investment for an indefinite period of time.

5.       Miscellaneous

(a)Any
provision of this instrument may be amended, waived or modified only upon the written consent of the Company and the Investor.

(b)Any
notice required or permitted by this instrument will be deemed sufficient when delivered personally or by overnight courier or sent by
email to the relevant address listed on the signature page, or 48 hours after being deposited in the U.S. mail as certified or registered
mail with postage prepaid, addressed to the party to be notified at such party’s address listed on the signature page, as subsequently
modified by written notice.

(c)The
Investor is not entitled, as a holder of this instrument, to vote or receive dividends or be deemed the holder of Capital Stock for any
purpose, nor will anything contained herein be construed to confer on the Investor, as such, any of the rights of a stockholder of the
Company or any right to vote for the election of directors or upon any matter submitted to stockholders at any meeting thereof, or to
give or withhold consent to any corporate action or to receive notice of meetings, or to receive subscription rights or otherwise until
shares have been issued upon the terms described herein.

(d)Neither
this instrument nor the rights contained herein may be assigned, by operation of law or otherwise, by either party without the prior
written consent of the other; provided, however, that this instrument and/or the rights contained herein may be assigned without
the Company’s consent by the Investor to any other entity who directly or indirectly, controls, is controlled by or is under common
control with the Investor, including, without limitation, any general partner, managing member, officer or director of the Investor,
or any venture capital fund now or hereafter existing which is controlled by one or more general partners or managing members of, or
shares the same management company with, the Investor; and provided, further, that the Company may assign this instrument in whole,
without the consent of the Investor, in connection with a reincorporation to change the Company’s domicile.

 

In
the event any one or more of the provisions of this instrument is for any reason held to be invalid, illegal or unenforceable, in whole
or in part or in any respect, or in the event that any one or more of the provisions of this instrument operate or would prospectively
operate to invalidate this instrument, then and in any such event, such provision(s) only will be deemed null and void and will not affect
any other provision of this instrument and the remaining provisions of this instrument will remain operative and in full force and effect
and will not be affected, prejudiced, or disturbed thereby.

 

(f)All
rights and obligations hereunder will be governed by the laws of the State of [Governing Law Jurisdiction], without regard to the conflicts
of law provisions of such jurisdiction.

 

(Signature
page follows)

 

    	 

    	 

    

IN WITNESS WHEREOF,
the undersigned have caused this instrument to be duly executed and delivered.

 

SOS HYDRATION
INC.

 

By:/s/
James Mayo

James Mayo

Chief Executive
Officer

 

Address:
548 Market Street, #82331

San
Francisco, California 94104

Email: james@sosrehydrate.com

INVESTOR:

[---]

By:       

Name:        _______________

Title:        ________________

 

Address:        _____________

 

Email:
_________________Exhibit
4.14

SAFE
CONVERSION AGREEMENT

This
SAFE Conversion Agreement (this "Agreement") is made and entered into as ofby
and between SOS HYDRATION INC., a California corporation (the

"Company"),
and the individual listed on the signature page
hereto (the "Safeholder").

WHEREAS,
the Safeholder holds a Simple Agreement for Future Equity (the "SAFE')

issued by the
Company in the principal amount set forth on the signature page hereto.

NOW,
THEREFORE, for and in consideration of the mutual agreements
set forth herein, the parties hereto agree as follows:

		1.	Conversion
                                            of Note; Exercise Price.

The
Company and Safeholder agree to convert the SAFE into shares of the Company's common stock, $0.001 par value per share (the "Common
Stock"), at a conversion rate (the "Conversion Rate") per share of $[---] multiplied by the Discount
Rate. The Discount Rate means the Discount Rate specified in the SAFE.

Subject
to the terms and conditions set forth herein, upon receipt by the Company of this Agreement signed
by Safeholder (the "Closing Date") all of the outstanding principal amount of the
SAFE will convert into the number of shares of the Company's Common Stock determined based on the Conversion Rate and set forth
on the Safeholder signature page.

		2.	Manner
                                            of Conversion/Termination of SAFE.

On
the Closing Date, the Company shall issue and deliver to the Safeholder, or to such other party as directed by the Safeholder, a ce1tificate
or certificates or other document evidencing the shares of Common Stock issued upon conversion as set forth in Section 1 of this Agreement,
and upon receipt of such ce1tificate or ce1tificates or other document evidencing the shares of Common Stock by the Safeholder,
all rights of the Safeholder under the SAFE shall cease and the Safeholder shall be deemed to be a holder of record of the shares of
Common Stock of the Company into which the SAFE was conve1ted. On the Closing Date, the Safeholder shall deliver to the Company the SAFE.

		3.	Representations
                                            of Safeholder.

The
Safeholder represents and warrants to the Company that: (i) Safeholder has, and at the time immediately prior to the Closing Date, it
will have, good and valid title to the SAFE, free and clear of all liens, security interests, encumbrances, equities and claims, with
no defects of title whatsoever and (ii) Safeholder is not a paity to or bound by any agreement, or any judgment, decree or ruling of
any governmental authority, affecting or relating to Safeholder's right to conve1t the SAFE.

		4.	Unregistered
                                            Securities.

The
Safeholder understands that the shares of Common Stock to be issued hereunder have not been registered under the Securities Act of 1933,
as amended (the "Securities Act"),
and agrees that none of the shares of Common Stock to be issued hereunder may be sold, offered for sale,
transferred, pledged, hypothecated or otherwise disposed of except in compliance with the Securities Act. The Buyer will not, directly
or indirectly, voluntarily offer, sell, transfer, pledge, hypothecate or otherwise dispose of (or solicit any offers to purchase or otherwise
acquire or take a pledge of) any
shares of Common Stock to be issued hereunder unless (i) registered pursuant to the provisions of the Securities Act, or (ii) an exemption
from registration is available under the Securities Act. The Buyer has been advised that the Company does not have an obligation, and
does not intend, to cause any shares of Common Stock to be issued hereunder to be registered under the Securities Act,
or any state securities laws. The Safeholder understands that the legal consequences of the foregoing
mean that the Safeholder must bear the economic risk of his investment in the Company for an indefinite period of time. The Safeholder
further understands that, if
the
Safeholder desires to sell or transfer
all or any part of the shares of Common Stock to be issued hereunder, the Company may require the Safeholder' s counsel to provide a
legal opinion that the transfer may be made without registration under the Securities Act. The
Safeholder understands that the shares of Common Stock to be issued hereunder will bear substantially the following restrictive
legend:

    	 

    	 

    

THE
SHARES OF STOCK EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED ("THE ACT") NOR QUALIFIED UNDER THE SECURITIES LAWS OF ANY STATES, AND HAVE BEEN ISSUED IN RELIANCE UPON EXEMPTIONS
FROM SUCH REGISTRATION AND QUALIFICATION FOR NONPUBLIC OFFERINGS. ACCORDINGLY, THE SALE,
TRANSFER, PLEDGE, HYPOTHECATION, OR OTHER DISPOSITION OF ANY SUCH SECURITIES OR ANY INTEREST THEREIN MAY NOT BE ACCOMPLISHED
EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT AND QUALIFICATION UNDER APPLICABLE STATE
SECURITIES LAWS, OR PURSUANT TO AN OPINION OF COUNSEL SATISFACTORY IN FORM AND SUBSTANCE
TO THE COMPANY TO THE EFFECT THAT SUCH REGISTRATION AND QUALIFICATION ARE NOT REQUIRED.

 

		5.	Covenants.

 

The
Safeholder agrees to sign ajoinder to the Company's Shareholder Agreement and such other agreements and documentation as requested by
the Company in connection with the issuance of the shares of Common Stock to Safeholder.

 

6.      
Survival of Representations and Warranties. All representations and warranties made hereunder shall survive the consun1mation
of the transactions contemplated hereunder.

 

7.      
Binding Effect. This Agreement shall be binding upon and inure to the benefit of the respective parties hereto, their legal representatives,
successors, and assigns.

 

8.      
Governing Law. This Agreement shall be constmed in accordance with and governed by the laws of the State of California without
regards to conflicts of laws.

 

 

9.      
Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all of
which together shall be one and the same instrument. A signature of a party to this Agreement by facsimile, e-mail or other electronic
transmission shall be deemed to constitute an original and fully effective signature of such party.

 

IN
WITNESS WHEREOF the parties have signed this instrument as of the date first set forth above.

 

[Signatures
on following page]

 

    	 

    	 

    

 

 

COMPANY:

 

SOS
HYDRATION INC.

 

By:/s/
James Mayo

Name: James Mayo

Chief Executive
Officer

 

 

 

 

 

    	 

    	 

    

 

SAFEHOLDER
SIGNATURE PAGE

 

	Name:	 
	Signature
    Block:	 	 

     

     

     

     

	 
	Original
    Issue Date of SAFE:	 
	Amount
    of SAFE:	 
	Discount
    Rate:	 
	Number
    of Shares of Common Stock to be Issued on Conversion of the SAFE:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00339-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00339-of-00352.parquet"}]]