Document:

Exhibit 4.5

 

 

 

[FORM OF GLOBAL CERTIFICATE]

 

THIS GLOBAL CERTIFICATE SHALL
REPRESENT THE TERMS, AND CONDITIONS OF THE WARRANT. THE WARRANT(S) SHALL BE ISSUED IN “BOOK ENTRY” FORMAT TO THE RESPECTIVE
WARRANT HOLDERS. THE WARRANT AGENT FOR THE COMPANY SHALL BE RESPONSIBLE FOR MAINTAINING A LIST OF ALL REGISTERED WARRANT HOLDERS.

 

	
    

    Class D  Warrant to Purchase Shares of Common Stock
	 

 

Dated:  {Issuance Date}

 

NOCERA, INC. 

CLASS D  WARRANT CERTIFICATE

 

THIS COMMON STOCK PURCHASE
WARRANT (the “Warrant”) certifies that, for value received, the Warrant Holder or its assigns1
(the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the
conditions hereinafter set forth, at any time on or after August 1, 2020 (the “Initial Exercise Date”) and
on or prior to the close of business on January 3, 2028 (the “Termination Date”) but not thereafter, to subscribe
for and purchase from Nocera, Inc., a Nevada corporation (the “Company”), a number of shares as specified in
the books and records of the warrant agent of Common Stock, $0.001 par value per share, of the Company (as subject to adjustment hereunder,
the “Warrant Shares”). The purchase price of one Warrant Share under this Warrant shall be equal to the Exercise
Price, as defined in Section 2(b). This Warrant shall initially be issued and maintained in the form of a security held in book-entry
form and Mountain Share Transfer, LLC., as warrant agent shall initially maintain the records of the registered warrant holders, subject
to a Holder’s right to elect to receive a Warrant in certificated form pursuant to the terms of the Warrant Agency Agreement, in
which case this sentence shall not apply.

 

1.       Issuance
of Warrant; Term.

 

	 	(a)	For and in
consideration of good and valuable consideration, the receipt and sufficiency of all of which are hereby acknowledged, Nocera, Inc. (the
"Company") hereby grants to the Warrant Holder ("Holder") the right to purchase  ( .)
shares of the Company's Common Stock, $.001 par value per share (the "Common Stock").

 

		(b)	The shares of Common Stock issuable upon exercise of this Warrant are hereinafter referred to as the "Shares."
This Warrant shall be exercisable at any time and from time to time from the date hereof until this Warrant expires at 5:00 P.M. Eastern
time on January 3, 2028.

 

		(c)	In addition to the terms defined elsewhere in this Warrant, the following terms have the meanings defined
in this Section 1:

 

 

 

 

___________________

 

1
       As maintained in the books and records
of the Warrant Agent.

 

 

 

    	 	1	 

     

    

 

 

“Affiliate” means any
Person that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a
Person, as such terms are used in and construed under Rule 405 under the Securities Act.

 

“Bid Price” means,
for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted
on a Trading Market, the bid price of the Common Stock for the time in question (or the nearest preceding date) on the Trading Market
on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City
time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common
Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted
for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market (or a similar organization
or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d)
in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith
by the holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses
of which shall be paid by the Company.

 

“Business Day” means
any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions
in the State of New York are authorized or required by law or other governmental action to close.

 

“Commission” means
the United States Securities and Exchange Commission.

 

“Common Stock” means
the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter
be reclassified or changed.

 

“Common Stock Equivalents”
means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Stock, including,
without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable
or exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock.

 

“Exchange Act” means
the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

 

“Person” means an individual
or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company, joint stock
company, government (or an agency or subdivision thereof) or other entity of any kind.

 

“Registration Statement”
means

 

“Securities Act” means
the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 

“Subsidiary”  means
any subsidiary of the Company and shall, where applicable, also include any direct or indirect subsidiary of the Company formed or acquired
after the date hereof.

 

 

 

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“Trading Day” means
a day on which the Common Stock is traded on a Trading Market.

 

“Trading Market” means
any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on the date in question: the NYSE
American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market or the New York Stock Exchange (or any
successors to any of the foregoing).

 

“Transfer Agent” means
Mountain Share Transfer, LLC., 2030 Powers Ferry Road SE, Suite # 212, Atlanta, GA. 30339 and any successor transfer agent of the Company.

 

“VWAP” means, for any
date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading
Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date) on the Trading Market
on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City
time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common
Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted
for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported on the Pink Open Market (or a similar organization
or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d)
in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith
by the holders of a majority in interest of the Warrants then outstanding and reasonably acceptable to the Company, the fees and expenses
of which shall be paid by the Company.

 

“Warrant Agent Agreement”
means that certain warrant agency agreement, dated on or about the Initial Exercise Date, between the Company and the Warrant Agent.

 

“Warrant Agent” means
the Transfer Agent and any successor warrant agent of the Company.

 

“Warrants” means this
Warrant and other Common Stock purchase warrants issued by the Company pursuant to the Promissory Note or Subscription Agreement.

 

		2.	Exercise. Exercise of Warrant. Subject to the provisions of Section 2(e) herein, exercise
of the purchase rights represented by this Warrant may be made, in whole or in part, at any time or times on or after the Initial Exercise
Date and on or before the Termination Date by delivery to the Company of a duly executed facsimile copy or PDF copy submitted by e-mail
(or e-mail attachment) of the Notice of Exercise in the form annexed hereto (the “Notice of Exercise”). Within the earlier
of (i) two (2) Trading Days and (ii) the number of Trading Days comprising the Standard Settlement Period (as defined in Section 2(d)(i)
herein) following the date of exercise as aforesaid, the Holder shall deliver the aggregate Exercise Price for the shares specified in
the applicable Notice of Exercise by wire transfer or cashier’s check drawn on a United States bank unless the cashless exercise
procedure specified in Section 2(c) below is specified in the applicable Notice of Exercise. No ink-original Notice of Exercise shall
be required, nor shall any medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise be required. Notwithstanding
anything herein to the contrary, the Holder shall not be required to physically surrender this Warrant to the Company until the Holder
has purchased all of the Warrant Shares available hereunder and the Warrant has been exercised in full, in which case, the Holder shall
surrender this Warrant to the Company for cancellation within three (3) Trading Days of the date on which the final Notice of Exercise
is delivered to the Company. Partial exercises of this Warrant resulting in purchases of a portion of the total number of Warrant Shares
available hereunder shall have the effect of lowering the outstanding number of Warrant Shares purchasable hereunder in an amount equal
to the applicable number of Warrant Shares purchased. The Holder and the Company shall maintain records showing the number of Warrant
Shares purchased and the date of such purchases. The Company shall deliver any objection to any Notice of Exercise within one (1) Business
Day of receipt of such notice. The Holder and any assignee, by acceptance of this Warrant, acknowledge and agree that, by reason of the
provisions of this paragraph, following the purchase of a portion of the Warrant Shares hereunder, the number of Warrant Shares available
for purchase hereunder at any given time may be less than the amount stated on the face hereof.

 

 

 

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For the avoidance of doubt, and without
limiting the rights of a Holder to utilize a cashless exercise pursuant to Section 2(c) and receive unrestricted shares, at any time during
which there is no effective registration statement for the issuance or resale of the Warrant Shares, the Company may settle a cash exercise
of the Warrant with unregistered common stock.

 

Notwithstanding the foregoing in this
Section 2(a), a holder whose interest in this Warrant is a beneficial interest in certificate(s) representing this Warrant held in book-entry
form through DTC (or another established clearing corporation performing similar functions), shall effect exercises made pursuant to this
Section 2(a) by delivering to DTC (or such other clearing corporation, as applicable) the appropriate instruction form for exercise, complying
with the procedures to effect exercise that are required by DTC (or such other clearing corporation, as applicable), subject to a Holder’s
right to elect to receive a Warrant in certificated form pursuant to the terms of the Warrant Agent Agreement, in which case this sentence
shall not apply.

 

		b)	Exercise Price. The exercise
price per share of Common Stock under this Warrant shall be Five Dollars ($5.00), subject to adjustment hereunder (the “Exercise
Price”).

 

		c)	Cashless Exercise. If at any time after the Initial Issuance Date, there is no effective registration
statement registering, or the prospectus contained therein is not available for, the issuance of the Warrant Shares to the Holder, then
this Warrant may also be exercised, in whole or in part, at such time by means of a “cashless exercise” in which the Holder
shall be entitled to receive a number of Warrant Shares equal to the quotient obtained by dividing [(A-B) (X)] by (A), where:

 

(A) = as applicable: (i) the VWAP on the
Trading Day immediately preceding the date of the applicable Notice of Exercise if such Notice of Exercise is (1) both executed and delivered
pursuant to Section 2(a) hereof on a day that is not a Trading Day or (2) both executed and delivered pursuant to Section 2(a) hereof
on a Trading Day prior to the opening of “regular trading hours” (as defined in Rule 600(b)(64) of Regulation NMS promulgated
under the federal securities laws) on such Trading Day, (ii) at the option of the Holder, either (y) the VWAP on the Trading Day immediately
preceding the date of the applicable Notice of Exercise or (z) the Bid Price of the Common Stock on the principal Trading Market as reported
by Bloomberg L.P. as of the time of the Holder’s execution of the applicable Notice of Exercise if such Notice of Exercise is executed
during “regular trading hours” on a Trading Day and is delivered within two (2) hours thereafter (including until two (2)
hours after the close of “regular trading hours” on a Trading Day) pursuant to Section 2(a) hereof or (iii) the VWAP
on the date of the applicable Notice of Exercise if the date of such Notice of Exercise is a Trading Day and such Notice of Exercise is
both executed and delivered pursuant to Section 2(a) hereof after the close of “regular trading hours” on such Trading Day;

 

(B) = the Exercise
Price of this Warrant, as adjusted hereunder; and

 

(X) = the number of
Warrant Shares that would be issuable upon exercise of this Warrant in accordance with the terms of this Warrant if such exercise were
by means of a cash exercise rather than a cashless exercise.

 

If Warrant Shares
are issued in such a cashless exercise, the parties acknowledge and agree that in accordance with Section 3(a)(9) of the Securities Act,
the Warrant Shares shall take on the registered characteristics of the Warrants being exercised. The Company agrees not to take any position
contrary to this Section 2(c).

 

Notwithstanding anything
herein to the contrary, on the Termination Date, this Warrant shall be automatically exercised via cashless exercise pursuant to this
Section 2(c).

 

 

 

    	 	4	 

     

    

 

	 	d)	Mechanics of Exercise.

 

		i.	Delivery of Warrant Shares Upon Exercise. The Company shall cause the Warrant Shares purchased
hereunder to be transmitted by the Transfer Agent to the Holder by crediting the account of the Holder’s or its designee’s
balance account with The Depository Trust Company through its Deposit or Withdrawal at Custodian system (“DWAC”) if the Company
is then a participant in such system and either (A) there is an effective registration statement permitting the issuance of the Warrant
Shares to or resale of the Warrant Shares by the Holder or (B) this Warrant is being exercised via cashless exercise, and otherwise by
physical delivery of a certificate, registered in the Company’s share register in the name of the Holder or its designee, for the
number of Warrant Shares to which the Holder is entitled pursuant to such exercise to the address specified by the Holder in the Notice
of Exercise by the date that is the earliest of (i) two (2) Trading Days after the delivery to the Company or the Warrant Agent of the
Notice of Exercise, (ii) one (1) Trading Day after delivery of the aggregate Exercise Price to the Company and (iii) the number of Trading
Days comprising the Standard Settlement Period after the delivery to the Company or the Warrant Agent of the Notice of Exercise (such
date, the “Warrant Share Delivery Date”). Upon delivery of the Notice of Exercise, the Holder shall be deemed for all corporate
purposes to have become the holder of record of the Warrant Shares with respect to which this Warrant has been exercised, irrespective
of the date of delivery of the Warrant Shares, and for purposes of Regulation SHO, a holder whose interest in this Warrant is a beneficial
interest in certificate(s) representing this Warrant held in book-entry form through DTC shall be deemed to have exercised its interest
in this Warrant upon instructing its broker that is a DTC participant to exercise its interest in this Warrant, provided that in such
case payment of the aggregate Exercise Price (other than in the case of a cashless exercise) is received within the earlier of (i) two
(2) Trading Days and (ii) the number of Trading Days comprising the Standard Settlement Period following delivery of the Notice of Exercise.
If the Company fails for any reason to deliver or cause the delivery to the Holder the Warrant Shares subject to a Notice of Exercise
by the Warrant Share Delivery Date, the Company shall pay to the Holder, in cash, as liquidated damages and not as a penalty, for each
$1,000 of Warrant Shares subject to such exercise (based on the VWAP of the Common Stock on the date of the applicable Notice of Exercise),
$10 per Trading Day (increasing to $20 per Trading Day on the fifth Trading Day after such liquidated damages begin to accrue) for each
Trading Day after such Warrant Share Delivery Date until such Warrant Shares are delivered or Holder rescinds such exercise. The Company
agrees to maintain a transfer agent that is a participant in the FAST program so long as this Warrant remains outstanding and exercisable.
As used herein, “Standard Settlement Period” means the standard settlement period, expressed in a number of Trading Days,
on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

 

		ii.	Delivery of New Warrants Upon Exercise. If this Warrant shall have been exercised in part, the
Company shall, at the request of a Holder and upon surrender of this Warrant certificate, at the time of delivery of the Warrant Shares,
deliver or cause the Warrant Agent to deliver to the Holder a new Warrant evidencing the rights of the Holder to purchase the unpurchased
Warrant Shares called for by this Warrant, which new Warrant shall in all other respects be identical with this Warrant.

 

		iii.	Rescission Rights. If the Company fails to cause the Transfer Agent to transmit to the Holder the
Warrant Shares pursuant to Section 2(d)(i) by the Warrant Share Delivery Date, then the Holder will have the right to rescind such exercise.

 

 

 

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		iv.	Compensation for Buy-In on Failure to Timely Deliver Warrant Shares Upon Exercise. In addition
to any other rights available to the Holder, if the Company fails to cause the Transfer Agent to transmit to the Holder the Warrant Shares
in accordance with the provisions of Section 2(d)(i) above pursuant to an exercise on or before the Warrant Share Delivery Date, and if
after such date the Holder is required by its broker to purchase (in an open market transaction or otherwise) or the Holder’s brokerage
firm otherwise purchases, shares of Common Stock to deliver in satisfaction of a sale by the Holder of the Warrant Shares which the Holder
anticipated receiving upon such exercise (a “Buy-In”), then the Company shall (A) pay in cash to the Holder the amount, if
any, by which (x) the Holder’s total purchase price (including brokerage commissions, if any) for the shares of Common Stock so
purchased exceeds (y) the amount obtained by multiplying (1) the number of Warrant Shares that the Company was required to deliver to
the Holder in connection with the exercise at issue times (2) the price at which the sell order giving rise to such purchase obligation
was executed, and (B) at the option of the Holder, either reinstate the portion of the Warrant and equivalent number of Warrant Shares
for which such exercise was not honored (in which case such exercise shall be deemed rescinded) or deliver to the Holder the number of
shares of Common Stock that would have been issued had the Company timely complied with its exercise and delivery obligations hereunder.
For example, if the Holder purchases Common Stock having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted
exercise of shares of Common Stock with an aggregate sale price giving rise to such purchase obligation of $10,000, under clause (A) of
the immediately preceding sentence the Company shall be required to pay the Holder $1,000. The Holder shall provide the Company written
notice indicating the amounts payable to the Holder in respect of the Buy-In and, upon request of the Company, evidence of the amount
of such loss. Nothing herein shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity
including, without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to
timely deliver shares of Common Stock upon exercise of the Warrant as required pursuant to the terms hereof.

 

		v.	No Fractional Shares or Scrip. No fractional shares or scrip representing fractional shares shall
be issued upon the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon
such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to
such fraction multiplied by the Exercise Price or round up to the next whole share.

 

		vi.	Charges, Taxes and Expenses. Issuance of Warrant Shares shall be made without charge to the Holder
for any issue or transfer tax or other incidental expense in respect of the issuance of such Warrant Shares, all of which taxes and expenses
shall be paid by the Company, and such Warrant Shares shall be issued in the name of the Holder or in such name or names as may be directed
by the Holder; provided, however, that in the event that Warrant Shares are to be issued in a name other than the name of the Holder,
this Warrant when surrendered for exercise shall be accompanied by the Assignment Form attached hereto duly executed by the Holder and
the Company may require, as a condition thereto, the payment of a sum sufficient to reimburse it for any transfer tax incidental thereto.
The Company shall pay all Transfer Agent fees required for same-day processing of any Notice of Exercise and all fees to the Depository
Trust Company (or another established clearing corporation performing similar functions) required for same-day electronic delivery of
the Warrant Shares.

 

		vii.	Closing of Books. The Company will not close its stockholder books or records in any manner which
prevents the timely exercise of this Warrant, pursuant to the terms hereof.

 

 

 

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		e)	Holder’s Exercise Limitations. The Company shall not effect any exercise of this Warrant,
and a Holder shall not have the right to exercise any portion of this Warrant, pursuant to Section 2 or otherwise, to the extent that
after giving effect to such issuance after exercise as set forth on the applicable Notice of Exercise, the Holder (together with the Holder’s
Affiliates, and any other Persons acting as a group together with the Holder or any of the Holder’s Affiliates (such Persons, “Attribution
Parties”)), would beneficially own in excess of the Beneficial Ownership Limitation (as defined below). For purposes of the foregoing
sentence, the number of shares of Common Stock beneficially owned by the Holder and its Affiliates and Attribution Parties shall include
the number of shares of Common Stock issuable upon exercise of this Warrant with respect to which such determination is being made, but
shall exclude the number of shares of Common Stock which would be issuable upon (i) exercise of the remaining, nonexercised portion of
this Warrant beneficially owned by the Holder or any of its Affiliates or Attribution Parties and (ii) exercise or conversion of the unexercised
or nonconverted portion of any other securities of the Company (including, without limitation, any other Common Stock Equivalents) subject
to a limitation on conversion or exercise analogous to the limitation contained herein beneficially owned by the Holder or any of its
Affiliates or Attribution Parties. Except as set forth in the preceding sentence, for purposes of this Section 2(e), beneficial ownership
shall be calculated in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder, it being
acknowledged by the Holder that the Company is not representing to the Holder that such calculation is in compliance with Section 13(d)
of the Exchange Act and the Holder is solely responsible for any schedules required to be filed in accordance therewith. To the extent
that the limitation contained in this Section 2(e) applies, the determination of whether this Warrant is exercisable (in relation to other
securities owned by the Holder together with any Affiliates and Attribution Parties) and of which portion of this Warrant is exercisable
shall be in the sole discretion of the Holder, and the submission of a Notice of Exercise shall be deemed to be the Holder’s determination
of whether this Warrant is exercisable (in relation to other securities owned by the Holder together with any Affiliates and Attribution
Parties) and of which portion of this Warrant is exercisable, in each case subject to the Beneficial Ownership Limitation, and the Company
shall have no obligation to verify or confirm the accuracy of such determination. In addition, a determination as to any group status
as contemplated above shall be determined in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated
thereunder. For purposes of this Section 2(e), in determining the number of outstanding shares of Common Stock, a Holder may rely on the
number of outstanding shares of Common Stock as reflected in (A) the Company’s most recent periodic or annual report filed with
the Commission, as the case may be, (B) a more recent public announcement by the Company or (C) a more recent written notice by the Company
or the Transfer Agent setting forth the number of shares of Common Stock outstanding. Upon the written or oral request of a Holder, the
Company shall within one (1) Trading Day confirm orally and in writing to the Holder the number of shares of Common Stock then outstanding.
In any case, the number of outstanding shares of Common Stock shall be determined after giving effect to the conversion or exercise of
securities of the Company, including this Warrant, by the Holder or its Affiliates or Attribution Parties since the date as of which such
number of outstanding shares of Common Stock was reported. The “Beneficial Ownership Limitation” shall be 4.99% (or, upon
election by a Holder prior to the issuance of any Warrants, 9.99%) of the number of shares of the Common Stock outstanding immediately
after giving effect to the issuance of shares of Common Stock issuable upon exercise of this Warrant. The Holder, upon notice to the Company,
may increase or decrease the Beneficial Ownership Limitation provisions of this Section 2(e), provided that the Beneficial Ownership Limitation
in no event exceeds 9.99% of the number of shares of the Common Stock outstanding immediately after giving effect to the issuance of shares
of Common Stock upon exercise of this Warrant held by the Holder and the provisions of this Section 2(e) shall continue to apply. Any
increase in the Beneficial Ownership Limitation will not be effective until the 61st day after such notice is delivered to the Company.
The provisions of this paragraph shall be construed and implemented in a manner otherwise than in strict conformity with the terms of
this Section 2(e) to correct this paragraph (or any portion hereof) which may be defective or inconsistent with the intended Beneficial
Ownership Limitation herein contained or to make changes or supplements necessary or desirable to properly give effect to such limitation.
The limitations contained in this paragraph shall apply to a successor holder of this Warrant.

 

 

 

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		3.	Certain Adjustments

 

		(a)	Stock Dividends and Splits. If the Company, at any time while this Warrant is outstanding: (i)
pays a stock dividend or otherwise makes a distribution or distributions on shares of its Common Stock or any other equity or equity equivalent
securities payable in Common Stock (which, for avoidance of doubt, shall not include any Common Stock issued by the Company upon exercise
of this Warrant), (ii) subdivides outstanding Common Stock into a larger number of shares, (iii) combines (including by way of reverse
stock split) outstanding Common Stock into a smaller number of shares, or (iv) issues by reclassification of the Common Stock any shares
of capital stock of the Company, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be
the number of Common Stock and such other capital stock of the Company(excluding treasury shares, if any) outstanding immediately before
such event and of which the denominator shall be the number of Common Stock such other capital stock of the Company(excluding treasury
shares, if any) outstanding immediately after such event, and the number of shares issuable upon exercise of this Warrant shall be proportionately
adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(a)
shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution
and shall become effective immediately after the effective date in the case of a subdivision, combination, or re-classification.

 

		(b)	Subsequent Rights Offerings. In addition to any adjustments pursuant to Section 3(a) above, if
at any time the Company grants, issues or sells any Common Share Equivalents or rights to purchase stock, warrants, securities or other
property pro rata to the record holders of any class of Common Stock (the “Purchase Rights”), then the Holder will be entitled
to acquire, upon the terms applicable to such Purchase Rights, the aggregate Purchase Rights which the Holder could have acquired if the
Holder had held the number of Common Stock acquirable upon complete exercise of this Warrant (without regard to any limitations on exercise
hereof, including without limitation, the Beneficial Ownership Limitation) immediately before the date on which a record is taken for
the grant, issuance or sale of such Purchase Rights, or, if no such record is taken, the date as of which the record holders of Common
Stock are to be determined for the grant, issue or sale of such Purchase Rights (provided, however, to the extent that the Holder’s
right to participate in any such Purchase Right would result in the Holder exceeding the Beneficial Ownership Limitation, then the Holder
shall not be entitled to participate in such Purchase Right to such extent (or beneficial ownership of such Common Stock as a result of
such Purchase Right to such extent) and such Purchase Right to such extent shall be held in abeyance for the Holder until such time, if
ever, as its right thereto would not result in the Holder exceeding the Beneficial Ownership Limitation).

 

		(c)	Extraordinary Dividends. If the Company, at any time during the Exercise Period, shall pay a dividend
in cash, securities or other assets to all holders of Common Stock (or other shares of the Company’s capital stock into which the
Warrants are convertible), other than (i) as described in Sections 3(a), 3(b) or 3(d), or (ii) regular quarterly or other periodic dividends
(any such non-excluded event being referred to herein as an “Extraordinary Dividend”), then the Exercise Price shall be decreased,
effective immediately after the effective date of such Extraordinary Dividend, by the quotient of (i) the gross amount of cash and/or
fair market value (as determined by the Company’s Board of Directors, in good faith) of all securities or other assets paid to the
holders of Common Stock (or other shares of the Company’s capital stock into which the Warrants are convertible) in respect of such
Extraordinary Dividend divided by (ii) the sum of the number of Common Stock (or other shares of the Company’s capital stock into
which the Warrants are exercisable) outstanding at the time of the Extraordinary Dividend plus the number of Common Stock then issuable
upon exercise of all outstanding Warrants, provided, that the Exercise Price shall not be reduced below zero.

 

 

 

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		(d)	Fundamental Transaction. If, at any time while this Warrant is outstanding, (i) the Company, directly
or indirectly, in one or more related transactions effects any merger or consolidation of the Company with or into another Person, (ii)
the Company, directly or indirectly, effects any sale, lease, license, assignment, transfer, conveyance or other disposition of all or
substantially all of its assets in one or a series of related transactions, (iii) any, direct or indirect, purchase offer, tender offer
or exchange offer (whether by the Company or another Person) is completed pursuant to which all holders of Common Stock are permitted
to sell, tender or exchange their shares for other securities, cash or property and has been accepted by the holders of 50% or more of
the outstanding Common Stock, (iv) the Company, directly or indirectly, in one or more related transactions effects any reclassification,
reorganization or recapitalization of the Common Stock or any compulsory share exchange pursuant to which all outstanding Common Stock
are effectively converted into or exchanged for other securities, cash or property, or (v) the Company, directly or indirectly, in one
or more related transactions consummates a stock or share purchase agreement or other business combination (including, without limitation,
a reorganization, recapitalization, spin-off or scheme of arrangement) with another Person or group of Persons whereby such other Person
or group acquires more than 50% of the outstanding Common Stock (not including any Common Stock held by the other Person or other Persons
making or party to, or associated or affiliated with the other Persons making or party to, such stock or share purchase agreement or other
business combination) (each a “Fundamental Transaction”), then, upon any subsequent exercise of this Warrant, the Holder shall
have the right to receive, for each Warrant Share that would have been issuable upon such exercise immediately prior to the occurrence
of such Fundamental Transaction (without regard to any limitation in Section 2(e) on the exercise of this Warrant), the number of Common
Stock of the successor or acquiring corporation or of the Company, if it is the surviving corporation, and such amount of cash or any
other consideration (collectively, the “Alternate Consideration”) receivable as a result of such Fundamental Transaction by
a holder of the number of Common Stock for which this Warrant is exercisable immediately prior to such Fundamental Transaction (without
regard to any limitation in Section 2(e) on the exercise of this Warrant). For purposes of any such exercise, the determination of the
Exercise Price shall be appropriately adjusted to apply to such Alternate Consideration based on the amount of Alternate Consideration
issuable in respect of one Common Share in such Fundamental Transaction, and the Company shall apportion the Exercise Price among the
Alternate Consideration in a reasonable manner reflecting the relative value of any different components of the Alternate Consideration.
If holders of Common Stock are given any choice as to the securities, cash or property to be received in a Fundamental Transaction, then
the Holder shall be given the same choice as to the Alternate Consideration it receives upon any exercise of this Warrant following such
Fundamental Transaction. The Company shall cause any successor entity in a Fundamental Transaction in which the Company is not the survivor
(the “Successor Entity”) to assume in writing all of the obligations of the Company under this Warrant in accordance with
the provisions of this Section 3(d) pursuant to written agreements prior or during such Fundamental Transaction. Upon the occurrence of
any such Fundamental Transaction, the Successor Entity shall succeed to, and be substituted for (so that from and after the date of such
Fundamental Transaction, the provisions of the Warrants referring to the “Company” shall refer instead to the Successor Entity),
and may exercise every right and power of the Company and shall assume all of the obligations of the Company under the Warrants with the
same effect as if such Successor Entity had been named as the Company therein.

 

		(e)	Calculations. All calculations under this Section 3 shall be made to the nearest cent or the nearest
1/100th of a share, as the case may be. For purposes of this Section 3, the number of Common Stock deemed to be issued and outstanding
as of a given date shall be the sum of the number of Common Stock (excluding treasury shares, if any) issued and outstanding.

 

 

 

 

 

 

 

 

    	 	9	 

     

    

 

	 	(f)	Notice to Holder.

 

		i.	Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision
of this Section 3, the Company shall promptly deliver to the Holder by facsimile or e-mail a notice setting forth the Exercise Price after
such adjustment and any resulting adjustment to the number of Warrant Shares and setting forth a brief statement of the facts requiring
such adjustment. Provided, however, that the Company may satisfy this notice requirement in this Section 3(f) by filing such notice with
the Commission pursuant to a Current Report on Form 8-K, or, to the extent that the Company is no longer subject to the reporting requirements
of Section 13 or 15(d) of the Exchange Act, by posting such notice on the Company’s website.

 

		ii.	Notice to Allow Exercise by Holder. If (A) the Company shall declare a dividend (or any other distribution
in whatever form) on the Common Stock, (B) the Company shall declare a special nonrecurring cash dividend on or a redemption of the Common
Stock, (C) the Company shall authorize the granting to all holders of the Common Stock rights or warrants to subscribe for or purchase
any shares of capital stock of any class or of any rights, (D) the approval of any stockholders of the Company shall be required in connection
with any reclassification of the Common Stock, any consolidation or merger to which the Company is a party, any sale or transfer of all
or substantially all of the assets of the Company, or any compulsory share exchange whereby the Common Stock are converted into other
securities, cash or property, or (E) the Company shall authorize the voluntary or involuntary dissolution, liquidation or winding up of
the affairs of the Company, then, in each case, the Company shall cause to be delivered by mail, facsimile or e-mail to the Holder at
its last mailing address, facsimile number or e-mail address as it shall appear upon the Warrant Register of the Company, at least five
calendar days prior to the applicable record or effective date hereinafter specified, a notice stating (x) the date on which a record
is to be taken for the purpose of such dividend, distribution, redemption, rights or warrants, or if a record is not to be taken, the
date as of which the holders of the Common Stock of record to be entitled to such dividend, distributions, redemption, rights or warrants
are to be determined or (y) the date on which such reclassification, consolidation, merger, sale, transfer or share exchange is expected
to become effective or close, and the date as of which it is expected that holders of the Common Stock of record shall be entitled to
exchange their Common Stock for securities, cash or other property deliverable upon such reclassification, consolidation, merger, sale,
transfer or share exchange; provided that the failure to deliver such notice or any defect therein or in the delivery thereof shall not
affect the validity of the corporate action required to be specified in such notice. To the extent that any notice required to be provided
in this Warrant constitutes, or contains, material, non-public information regarding the Company or any of the Subsidiaries, the Company
shall simultaneously file such notice with the Commission pursuant to a Current Report on Form 8-K. Provided such notice occurs within
the Exercise Period, the Holder shall remain entitled to exercise this Warrant during the period commencing on the date of such notice
to the effective date of the event triggering such notice except as may otherwise be expressly set forth herein.

 

	4.	Covenants and Conditions. The above provisions are subject to the following:

 

		(a)	Neither this Warrant nor the Shares have been registered under the Securities Act of 1933, as amended
("Securities Act"), or any state securities laws ("Blue Sky Laws"). This Warrant has been acquired for
investment purposes and not with a view to distribution or resale and may not be pledged, hypothecated, sold, made subject to a security
interest, or otherwise transferred without (i) an effective registration statement for the Warrant under the Securities Act and all applicable
Blue Sky Laws, or (ii) an opinion of counsel, which opinion and counsel shall be reasonably satisfactory to the Company and its counsel,
that registration is not required under the Securities Act or under any applicable Blue Sky Laws (the Company hereby acknowledges that
Investment Law Group LLP is acceptable counsel). Transfer of Shares issued upon the exercise of this Warrant shall be restricted in the
same manner and to the same extent as the Warrant, and the certificates representing the Shares shall, subject to Section 6 hereof, bear
substantially the following legend:

 

 

 

    	 	10	 

     

    

 

The securities represented by this
certificate have been issued in reliance upon the representation of the Holder that they have been acquired for investment and not with
a view toward the resale or other distribution thereof, and have not been registered under the Securities Act of 1933 (the "Securities
Act") or the securities laws of any state in reliance upon the exemptions from registration contained therein, and may not be offered,
sold, transferred, encumbered or otherwise disposed of unless there is an effective registration statement under the Federal Act and applicable
state securities laws relating thereto or the Company is satisfied registration is not required.

 

The Holder hereof and the Company agree
to execute all other documents and instruments as counsel for the Company reasonably deems necessary to effect the compliance of the issuance
of this Warrant and any shares of Common Stock issued upon exercise hereof with applicable federal and state securities laws.

 

		(b)	The Company covenants and agrees that all Shares which may be issued upon exercise of this Warrant will,
upon issuance and payment therefor, be legally and validly issued and outstanding, fully paid and nonassessable, free from all taxes,
liens, charges and preemptive rights, if any, with respect thereto or to the issuance thereof. The Company shall at all times reserve
and keep available for issuance upon the exercise of this Warrant that number of authorized but unissued shares of Common Stock as will
be sufficient to permit the exercise in full of this Warrant.

 

		5.	Adjustment of Exercise Price and Number of Shares Issuable. The Exercise Price and the number
of Shares (or other securities or property) issuable upon exercise of this Warrant shall be subject to adjustment from time to time upon
the occurrence of any of the events enumerated in this Section 5.

 

		(a)	Common Stock Reorganization. If the Company shall (i) subdivide or consolidate its outstanding
shares of Common Stock (or any class thereof) into a greater or smaller number of shares, (ii) pay a dividend or make a distribution on
its Common Stock (or any class thereof) in shares of its capital stock, or (iii) issue by reclassification of its Common Stock (or any
class thereof) any shares of its capital stock (any event described in clauses (i), (ii) or (iii) being called a "Common Stock Reorganization"),
then the Exercise Price and the type of securities for which this Warrant is exercisable shall be adjusted immediately so that the Holder
thereafter shall be entitled to receive upon exercise of this Warrant the aggregate number and type of securities that it would have received
if this Warrant had been exercised immediately prior to the Common Stock Reorganization.

 

		(b)	Adjustment in Number of Shares. Upon each adjustment to the Exercise Price pursuant to subsections
(a) of this Section 5, this Warrant shall thereafter evidence the right to receive upon payment of the adjusted Exercise Price that number
of Shares obtained by multiplying the number of Shares previously issuable upon exercise of this Warrant by a fraction, the numerator
of which is the Exercise Price prior to adjustment and the denominator of which is the adjusted Exercise Price.

 

		(c)	Capital Reorganizations. If there shall be any consolidation, merger or amalgamation of
the Company with another person or entity or any acquisition of capital stock of the Company by means of a share exchange, other than
a consolidation, merger or share exchange in which the Company is the continuing corporation or any sale or conveyance of the property
of the Company as an entirety or substantially as an entirety, or any reorganization or recapitalization of the Company (a "Capital
Reorganization"), then the Holder of this Warrant shall no longer have the right to purchase Common Stock, but shall have instead
the right to purchase, upon exercise of this Warrant, the kind and amount of shares of stock and other securities and property (including
cash) which the Holder would have owned or have been entitled to receive pursuant to the Capital Reorganization if this Warrant had been
exercised immediately prior to the effective date of the Capital Reorganization. As a condition to effecting any Capital Reorganization,
the Company or the successor or surviving corporation, as the case may be, shall assume by a supplemental agreement, satisfactory in form,
scope and substance to the Holder (which shall be mailed or delivered to the Holder of this Warrant at the last address of the Holder
appearing on the books of the Company) the obligation to deliver to the Holder shares of stock, securities, cash or property as, in accordance
with the foregoing provisions, the Holder may be entitled to purchase, and all other obligations of the Company set forth in this Warrant.

 

 

 

    	 	11	 

     

    

 

		(d)	Determination of Fair Market Value. Subject to the provisions set forth below, the fair
market value of the Company or of any non-cash consideration received by the Company upon any Common Stock Distribution shall be determined
in good faith by the Board of Directors of the Company. Upon each determination, the Company shall promptly give notice thereof to the
Holder, setting forth in reasonable detail the calculation of the fair market value and the method and basis of determination thereof
(the "Company Determination"). If the Holder shall disagree with the Company Determination and shall, by notice to the
Company given within thirty (30) days after the Company's notice of the Company Determination, elect to dispute the Company Determination,
the Company shall, within thirty (30) days after receipt of the notice, engage an investment bank or other qualified appraisal firm acceptable
to the Holder to make an independent determination of the fair market value of the Company or of any non-cash consideration received by
the Company upon any Common Stock Distribution (the "Appraiser Determination"). The Appraiser Determination shall be final and
binding on the Company and the Holder. The cost of the Appraiser Determination shall be borne by the Company.

 

		(e)	Adjustment Rules. Any adjustments pursuant to this Section 5 shall be made successively
whenever an event referred to herein shall occur. No adjustment shall be made pursuant to this Section 5 in respect of the issuance from
time to time of shares of Common Stock upon the exercise of this Warrant or upon the exercise or conversion of any other Option Securities
or Convertible Securities.

 

		(f)	Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking
of any action which would require an adjustment pursuant to this Section 5, the Company shall take any action which may be necessary,
including obtaining regulatory approvals or exemptions, in order that the Company may thereafter validly and legally issue as fully paid
and nonassessable all shares of Common Stock which the Holder of this Warrant is entitled to receive upon exercise thereof.

 

		(g)	Notice of Adjustment. Not less than ten (10) days prior to the record date or effective
date, as the case may be, of any action which requires or might require an adjustment or readjustment pursuant to this Section 5, the
Company shall give notice to the Holder of the event, describing the event in reasonable detail and specifying the record date or effective
date, as the case may be, and, if determinable, the required adjustment and the computation hereof. If the required adjustment is not
determinable at the time of the notice, the Company shall give notice to the Holder of the adjustment and computation promptly after the
adjustment becomes determinable.

 

		6.	Transfer of Warrant. Subject to the provisions of Section 4 hereof, this Warrant may be
transferred, in whole or in part, to any person or business entity, by presentation of the Warrant to the Company with written instructions
for the transfer. Upon the presentation for transfer, the Company shall promptly execute and deliver a new Warrant or Warrants in the
form hereof in the name of the assignee or assignees and in the denominations specified in the instructions. The Company shall pay all
expenses incurred by it in connection with the preparation, issuance and delivery of Warrants under this Section. Any transferee of this
Warrant by acceptance thereof, agrees to be bound by all of the terms and conditions of this Warrant.

 

		7.	Warrant Holder Not Shareholder; Rights Offering; Preemptive Rights. Except as otherwise
provided herein, this Warrant does not confer upon the Holder any right whatsoever as a shareholder of the Company. Notwithstanding the
foregoing, if the Company should offer to all of the Company's shareholders the right to purchase any securities of the Company, then
all shares of Common Stock that are subject to this Warrant shall be deemed to be outstanding and owned by the Holder and the Holder shall
be entitled to participate in the offer. The Company shall not grant any preemptive rights with respect to any of its capital stock if
the preemptive rights are exercisable upon exercise of this Warrant.

 

 

 

    	 	12	 

     

    

 

		8.	Basic Financial Information. The Company will deliver to Holder:

 

		(a)	As soon as practicable after the end of each fiscal year of the Company, and in any event within ninety
(90) days thereafter, a consolidated balance sheet of the Company as at the end of such fiscal year, and consolidated statements of operations,
cash flow and changes in equity of the Company for such year, prepared in accordance with GAAP consistently applied and setting forth
in each case in comparative form the figures for the previous fiscal year, all in reasonable detail and audited and reported on by independent
public accountants of recognized national standing selected by the Company.

 

		(b)	From the date the Company becomes subject to the reporting requirements of the Exchange Act, and in lieu
of the financial information required pursuant to Section 8(a), copies of its annual reports and all exhibits thereto and its quarterly
reports, if any, respectively,

 

		(c)	As soon as practicable after transmission or occurrence and in any event within ten (10) days thereof,
copies of any financial reports or communications (exclusive of reports or communications relating to the practice of medicine) delivered
to any class of the Company's security Holders or broadly to the financial community, including any filings by the Company with any securities
exchange, the Commission or the National Association of Securities Dealers.

 

		(d)	with reasonable promptness, any other financial data as the Holder may reasonably request.

 

		9.	Lost, Stolen, Mutilated or Destroyed Warrant. If this Warrant is lost, stolen, mutilated
or destroyed, the Company may, on such terms as to indemnity or otherwise as it may in its discretion reasonably impose (which shall,
in the case of a mutilated Warrant, include the surrender thereof), issue a new Warrant of like denomination and tenor as the Warrant
so lost, stolen, mutilated or destroyed. Any such new Warrant shall represent the original contractual obligation of the Company, whether
or not the allegedly lost, stolen, mutilated or destroyed Warrant shall be at any time enforceable by anyone.

 

		10.	Certain Notices. In case at any time the Company shall propose to:

 

		(a)	declare any cash dividend upon its Common Stock;

 

		(b)	declare any dividend upon its Common Stock payable in stock or make any special dividend or other distribution
to the Holders of its Common Stock;

 

		(c)	offer for subscription to the Holders of any of its Common Stock any additional shares of stock in any
class or other rights;

 

		(d)	reorganize, or reclassify the capital stock of the Company, or consolidate, merge or otherwise combine
with, or sell all or substantially all of its assets to, another corporation; or

 

		(e)	voluntarily or involuntarily dissolve, liquidate or wind up of the affairs of the Company; then in any
one or more of these events, the Company shall give to the Holder, by certified or registered mail, (i) at least twenty (20) days' prior
written notice of the date on which the books of the Company shall close or a record shall be taken for the dividend, distribution or
subscription rights or for determining rights to vote in respect of any reorganization, reclassification, consolidation, merger, sale,
dissolution, liquidation or winding up, and (ii) in the case of the reorganization, reclassification, consolidation, merger, sale, dissolution,
liquidation or winding up, at least twenty (20) days' prior written notice of the date when the same shall take place. Any notice required
by clause (i) shall also specify, in the case of any dividend, distribution or subscription rights, the date on which the Holders of Common
Stock shall be entitled thereto, and any notice required by clause (ii) shall specify the date on which the Holders of Common Stock shall
be entitled to exchange their Common Stock for securities or other property deliverable upon the reorganization, reclassification, consolidation,
merger, sale, dissolution, liquidation or winding up, as the case may be.

 

 

 

    	 	13	 

     

    

 

		11.	Redemption. This Warrant shall be redeemable by the Company at $0.01 per share remaining
    subject hereto after 20 business days' written notice if the price of the Common Stock closes above $10.00 for 20 consecutive trading
    days and provided that the Company then has in effect an effective registration statement with respect to the shares of Common Stock
    issuable upon exercises of this Warrant.

 

		12.	Miscellaneous

 

		(a)	No Rights as Stockholder Until Exercise. This Warrant does not entitle the Holder to any
voting rights, dividends, or other rights as a stockholder of the Company prior to the exercise hereof as set forth in Section 2(d)(i),
except as expressly set forth in Section 3.

 

		(b)	Loss, Theft, Destruction or Mutilation of Warrant. The Company covenants that upon receipt
by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant or any stock certificate
relating to the Warrant Shares, and in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it (which,
in the case of the Warrant, shall not include the posting of any bond), and upon surrender and cancellation of such Warrant or stock certificate,
if mutilated, the Company will make and deliver a new Warrant or stock certificate of like tenor and dated as of such cancellation, in
lieu of such Warrant or stock certificate.

 

		(c)	Saturdays, Sundays, Holidays, etc. If the last or appointed day for the taking of any action
or the expiration of any right required or granted herein shall not be a Trading Day, then, such action may be taken, or such right may
be exercised on the next succeeding Trading Day.

 

		(d)	Authorized Shares.

 

The Company covenants
that, during the period the Warrant is outstanding, it will reserve from its authorized and unissued Common Stock a sufficient number
of shares to provide for the issuance of the Warrant Shares upon the exercise of any purchase rights under this Warrant. The Company further
covenants that its issuance of this Warrant shall constitute full authority to its officers who are charged with the duty of issuing the
necessary Warrant Shares upon the exercise of the purchase rights under this Warrant. The Company will take all such reasonable action
as may be necessary to assure that such Warrant Shares may be issued as provided herein without violation of any applicable law or regulation,
or of any requirements of the Trading Market upon which the Common Stock may be listed. The Company covenants that all Warrant Shares
which may be issued upon the exercise of the purchase rights represented by this Warrant will, upon exercise of the purchase rights represented
by this Warrant and payment for such Warrant Shares in accordance herewith, be duly authorized, validly issued, fully paid and non-assessable
and free from all taxes, liens and charges created by the Company in respect of the issue thereof (other than taxes in respect of any
transfer occurring contemporaneously with such issue).

 

Except and to the
extent as waived or consented to by the Holder, the Company shall not by any action, including, without limitation, amending its articles
of incorporation or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or
any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Warrant, but will at all
times in good faith assist in the carrying out of all such terms and in the taking of all such actions as may be necessary or appropriate
to protect the rights of Holder as set forth in this Warrant against impairment. Without limiting the generality of the foregoing, the
Company will (i) not increase the par value of any Warrant Shares above the amount payable therefor upon such exercise immediately prior
to such increase in par value, (ii) take all such action as may be necessary or appropriate in order that the Company may validly and
legally issue fully paid and non-assessable Warrant Shares upon the exercise of this Warrant and (iii) use commercially reasonable efforts
to obtain all such authorizations, exemptions or consents from any public regulatory body having jurisdiction thereof, as may be, necessary
to enable the Company to perform its obligations under this Warrant.

 

Before taking any
action which would result in an adjustment in the number of Warrant Shares for which this Warrant is exercisable or in the Exercise Price,
the Company shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be necessary from any public regulatory
body or bodies having jurisdiction thereof.

 

 

 

    	 	14	 

     

    

 

		(e)	Governing Law. All questions concerning the construction, validity, enforcement, and interpretation
of this Warrant shall be governed by and construed and enforced in accordance with the internal laws of the State of New York, without
regard to the principles of conflict of laws thereof. Each party agrees that all legal Proceedings concerning the interpretation, enforcement
and defense of this Warrant shall be commenced in the United States District Court for the Southern District of New York, or, in the event
such jurisdiction is not available, any of the appropriate courts of the State of New York (the “New York Courts”).
Each party hereto hereby irrevocably submits to the exclusive jurisdiction of the New York Courts for the adjudication of any dispute
hereunder or in connection herewith or with any transaction contemplated hereby or discussed herein (including with respect to the enforcement
of any provision hereunder), and hereby irrevocably waives, and agrees not to assert in any suit, action or Proceeding, any claim that
it is not personally subject to the jurisdiction of such New York Courts, or such New York Courts are improper or inconvenient venue for
such Proceeding. If any party shall commence an action or Proceeding to enforce any provisions of this Warrant, then the prevailing party
in such action or Proceeding shall be reimbursed by the other party for its attorneys’ fees and other costs and expenses incurred
in the investigation, preparation and prosecution of such action or Proceeding.

 

		(f)	Restrictions. The Holder acknowledges that the Warrant Shares acquired upon the exercise
of this Warrant, if not registered, and the Holder does not utilize cashless exercise, will have restrictions upon resale imposed by state
and federal securities laws.

 

		(g)	Nonwaiver and Expenses. No course of dealing or any delay or failure to exercise any right
hereunder on the part of Holder shall operate as a waiver of such right or otherwise prejudice the Holder’s rights, powers, or remedies.
Without limiting any other provision of this Warrant, if the Company willfully and knowingly fails to comply with any provision of this
Warrant, which results in any material damages to the Holder, the Company shall pay to the Holder such amounts as shall be sufficient
to cover any costs and expenses including, but not limited to, reasonable attorneys’ fees, including those of appellate Proceedings,
incurred by the Holder in collecting any amounts due pursuant hereto or in otherwise enforcing any of its rights, powers or remedies hereunder.

 

		(h)	Notices. Any and all notices or other communications or deliveries to be provided by the
Holders hereunder including, without limitation, any Notice of Exercise, shall be in writing and delivered personally, by facsimile or
by e-mail, or sent by a nationally recognized overnight courier service, addressed to the Company, at:

 

Nocera, Inc.

3 F (Building B), No. 185, Section 1,
Datong Road

Xizhi District, New Taipei City

Taiwan,
221, ROC

Attention: Yin-Chieh Cheng

E-mail: jeffcheng@nocera.company

 

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

 

Carmel, Milazzo & Feil, LLP.

55 West 39th Street

18th Floor

New York, NY. 10018

Attention: Ross Carmel, Esq.

Facsimile No.: (646)-838-1314

E-mail: rcarmel@cmfllp.com

 

 

 

    	 	15	 

     

    

 

or such other facsimile number, e-mail
address or address as the Company may specify for such purposes by notice to the Holders. Any and all notices or other communications
or deliveries to be provided by the Company hereunder shall be in writing and delivered personally, by e-mail, by facsimile, or sent by
registered or certified mail or a nationally recognized overnight courier service addressed to each Holder at the facsimile number, e-mail
address or address of such Holder appearing on the books of the Warrant Agent. Any notice or other communication or deliveries hereunder
shall be deemed given and effective on the earliest of (i) the time of transmission, if such notice or communication is delivered via
facsimile at the facsimile number or e-mail at the e-mail address set forth in this Section 5(h) prior to 5:30 p.m. (New York City time)
on any Trading Day, (ii) the next Trading Day after the date of transmission, if such notice or communication is delivered via facsimile
at the facsimile number or e-mail at the e-mail address set forth in this Section 5(h) on a day that is not a Trading Day or later than
5:30 p.m. (New York City time) on any Trading Day, (iii) the second Trading Day following the date of mailing, if sent by U.S. nationally
recognized overnight courier service, or (iv) upon actual receipt by the party to whom such notice is required to be given. Notwithstanding
any other provision of this Warrant, where this Warrant provides for notice of any event to the Holder, if this Warrant is held in global
form by DTC (or any successor depositary), such notice shall be sufficiently given if given to DTC (or any successor depositary) pursuant
to the procedures of DTC (or such successor depositary), subject to a Holder’s right to elect to receive a Warrant in certificated
form pursuant to the terms of the Warrant Agency Agreement, in which case this sentence shall not apply.

 

		(i)	Warrant Agreement. If this Warrant is held in global form through DTC (or any successor
depositary), this Warrant is issued subject to the Warrant Agreement. To the extent any provision of this Warrant conflicts with the express
provisions of the Warrant Agreement, the provisions of this Warrant shall govern and be controlling.

 

		(j)	Limitation of Liability. No provision hereof, in the absence of any affirmative action by
the Holder to exercise this Warrant to purchase Warrant Shares, and no enumeration herein of the rights or privileges of the Holder, shall
give rise to any liability of the Holder for the purchase price of any Common Stock or as a stockholder of the Company, whether such liability
is asserted by the Company or by creditors of the Company.

 

		(k)	Remedies. The Holder, in addition to being entitled to exercise all rights granted by law,
including recovery of damages, will be entitled to specific performance of its rights under this Warrant. The Company agrees that monetary
damages would not be adequate compensation for any loss incurred by reason of a breach by it of the provisions of this Warrant and hereby
agrees to waive and not to assert the defense in any action for specific performance that a remedy at law would be adequate.

 

		(l)	Successors and Assigns. Subject to applicable securities laws, this Warrant and the rights
and obligations evidenced hereby shall inure to the benefit of and be binding upon the successors and permitted assigns of the Company
and the successors and permitted assigns of Holder. The provisions of this Warrant are intended to be for the benefit of any Holder from
time to time of this Warrant and shall be enforceable by the Holder or holder of Warrant Shares.

 

		(m)	Amendment. This Warrant may be modified or amended or the provisions hereof waived with
the written consent of the Company, on the one hand, and either: (i) the Holder or the beneficial owner of this Warrant, on the other
hand, or (ii) the vote or written consent of the Holders of at least 50.1% of the then outstanding Warrants issued pursuant to the Warrant
Agreement, on the other hand; provided that if any such modification, amendment or waiver disproportionately and adversely affect the
rights of a Holder compared to other Holders, the prior written consent of such Holder shall also be required.

 

		(n)	Severability. Wherever possible, each provision of this Warrant shall be interpreted in
such manner as to be effective and valid under applicable law, but if any provision of this Warrant shall be prohibited by or invalid
under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder
of such provisions or the remaining provisions of this Warrant.

 

		(o)	Headings. The headings used in this Warrant are for the convenience of reference only and
shall not, for any purpose, be deemed a part of this Warrant.

 

 

 

    	 	16	 

     

    

 

IN WITNESS WHEREOF,
the parties hereto have executed this Warrant as of the date first above written.

 

 

 

	 	Sincerely,
	 	 
	 	 
	 	 
	 	
    By:

    Name:
	_____________ Yin-Chieh Cheng,

    President

    Nocera, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	17Exhibit 10.15

 

www.nocera.company

 

CONSULTING AGREEMENT

 

THIS CONSULTING AGREEMENT
(this “Agreement”) is entered into and made effective as of December 31, 2021 (the “Effective Date”),
by and between NOCERA, INC., a Nevada corporation (the “Company”), with its principal executive offices located at
3F (Building B), No. 185, Sec. 1, Datong Rd., Xizhi Dist., New Taipei City 221, Taiwan, and SHIH-CHUNG LIN, an individual (the “Contractor”),
with a residence located at [_Taiwan__]. The Company and the Contractor may be referred to individually as a “Party”
and collectively as the “Parties.”

 

RECITALS

 

WHEREAS, the Contractor was
previously employed by the Company (the “Previous Employment”); and

 

WHEREAS, the Company now
desires to engage the Contractor as an independent contractor for the purposes of assisting the Company in performing and conducting
projects as from time to time as set forth on Schedule A attached hereto (the “Services”),1
and the Contractor desires to provide the Services to the Company pursuant to the terms and conditions of this Agreement.

 

NOW, THEREFORE, in consideration
of the premises and the mutual covenants contained herein, and for other good and valuable consideration, the receipt of which are hereby
acknowledged, and intending to be legally bound hereby, the Parties hereby agree as follows:

 

AGREEMENT

 

1.                 
Engagement.

 

(a)              
Services and Payment. The Company hereby engages the Contractor to provide the Company the Services as set forth on Schedule
A attached hereto in consideration for an aggregate of [_50,000_] payable in shares of common stock, par value, $0.001 per share (the
“Common Stock”), of the Company as set forth on Exhibit A (the “Shares”). Stock issues upon
signing this contract and is restricted from sales of the stock for one year after up listing to the main board or exchange.

 

(b)              
Independent Contractor Status. The Contractor shall be deemed an independent contractor and is not an employee, partner,
agent, or engaged in a joint venture with the Company. The Contractor is not required to work exclusively for the Company and shall remain
free to appropriately schedule the Contractor’s time. The Company shall not control the manner or means by which the Consultant
performs the Services. The Contractor shall have no authority (and shall not hold out as having authority) to bind the Company and the
Contractor shall not make any agreements or representations on the Company’s behalf without the Company’s prior written consent.

 

 

 

____________________

 

1
NOTE: Please provide the state where the Services are being performed. It might be necessary to add appropriate language depending on
the state.

 

 

 

    	 	 	 

     

    

 

www.nocera.company

 

(c)              
Taxes and Insurance. If a United States tax resident, the compensation shall be reported to the appropriate federal and
state taxing authorities via a Form 1099. The Contractor is responsible for any tax liabilities resulting from the Services. Consistent
with the foregoing, the Company shall not deduct withholding taxes, FICA, or any other taxes required to be deducted by an employer, as
the undersigned acknowledges responsibility to pay the same as an independent contractor. The Contractor is not covered by the Company’s
workers’ compensation insurance, liability insurance, unemployment insurance, life insurance, long term disability insurance, or
any insurance of any kind. The Contractor is required to provide the Contractor’s own adequate insurance coverage regarding work
related accidents, illness, and any other situation in which insurance may be required. The Contractor further acknowledges that as an
independent contractor, the Contractor shall not be entitled to any fringe benefits, pension, retirement, profit sharing, or any other
benefits accruing to employees. The Contractor shall be responsible for, and shall indemnify the Company against, all such taxes or contributions,
including penalties and interest.

 

(d)              
Contractor’s Employees and Subcontractors. Any person or entity employed or engaged by the Contractor in connection
with the performance of the Services shall be the Contractor’s employees or contractors and the Contractor shall be fully responsible
for them and indemnify the Company against any claims made by or on behalf of any such employee or contractor. The Contractor shall require
each of the Contractor’s employees and contractors to execute written agreements containing obligations of confidentiality and non-use
and assignment of inventions and other work product consistent with the provisions of Section 3 prior to such employee or contractor
providing any Services under this Agreement.

 

(e)              
Access to Materials; Expenses. The Company shall provide the Contractor with
access to its premises, materials, information, and systems to the extent necessary for the performance of the Services. The Contractor
shall furnish, at the Contractor’s own expense, the materials, equipment, and other resources necessary to perform the Services.
The Contractor shall be responsible for all costs and expenses incident to the performance of services for the Company, including but
not limited to costs of equipment, fees, fines, licenses, or taxes required of or imposed against the Contractor as part of the cost of
doing business. The Contractor is solely responsible for any travel or other costs or expenses incurred by the Contractor in connection
with the performance of the Services, and in no event shall the Company reimburse the Contractor for any such costs or expenses without
the Company’s prior written approval.

 

2.                 
Term. The Contractor shall diligently perform the services described in Schedule A. During the term of this Agreement,
which shall commence on the first business day after the effective termination date of the Previous
Employment and shall continue in effect through November 15, 2026, unless otherwise terminated pursuant to the terms hereof (the “Term”).
Any extension of the Term will be subject to mutual written agreement between the Company and the Consultant.

 

3.                 
Confidentiality; Non-Competition; Non-Solicitation; Non-Disparagement. All payments and benefits to the Contractor under
this Agreement shall be subject to the Contractor’s compliance with the provisions of this Section 3. For purposes of this
Section 3, the term “Company” shall mean Nocera, Inc. and any direct or indirect wholly or majority owned subsidiary
of the Company.

 

(a)              
(i) The Contractor shall not disclose or use at any time, either during the Term or thereafter, any Confidential Information (as
defined below) of which the Contractor is or becomes aware, whether or not such information is developed by the Contractor, except to
the extent that such disclosure or use is directly related to and required by the Contractor’s performance in good faith of duties
for the Company. The Contractor will take all appropriate steps to safeguard Confidential Information in the Contractor’s possession
and to protect it against disclosure, misuse, espionage, loss, and theft. The Contractor shall deliver to the Company at the end of the
Term, or at any time the Company may request, all memoranda, notes, plans, records, reports, computer tapes, and software and other documents
and data (and copies thereof) relating to the Confidential Information or the Work Product (as hereinafter defined) of the business of
the Company which the Contractor may then possess or have under the Contractor’s control. Notwithstanding the foregoing, the Contractor
may truthfully respond to a lawful and valid subpoena or other legal process, but shall give the Company the earliest possible notice
thereof, shall, as much in advance of the return date as possible, make available to the Company and its counsel the documents and other
information sought, and shall assist the Company and such counsel in resisting or otherwise responding to such process.

 

 

 

    	 	2	 

     

    

 

www.nocera.company

 

(ii)  
As used in this Agreement, the term “Confidential Information” means information that is not generally known
to the public and that is used, developed, or obtained by the Company in connection with its business, including, but not limited to,
information, observations, and data obtained by the Contractor while engaged by the Company or any predecessors thereof (including those
obtained prior to the start date of the Previous Employment) concerning (i) the business or affairs of the Company (or such predecessors),
(ii) products or services, (iii) fees, costs, and pricing structures, (iv) designs, (v) analyses, (vi) drawings,
photographs, and reports, (vii) computer software, including operating systems, applications, and program listings, (viii) flow
charts, manuals, and documentation, (ix) data bases, (x) accounting and business methods, (xi) inventions, devices, new
developments, methods, and processes, whether patentable or unpatentable and whether or not reduced to practice, (xii) customers
and clients and customer or client lists, (xiii) other copyrightable works, (xiv) all production methods, processes, technology,
and trade secrets, and (xv) all similar and related information in whatever form. Confidential Information will not include any information
that has been published (other than through a disclosure by the Contractor in breach of this Agreement) in a form generally available
to the public prior to the date the Contractor proposes to disclose or use such information. Confidential Information will not be deemed
to have been published merely because individual portions of the information have been separately published, but only if all material
features comprising such information have been published in combination.

 

(iii) As used in this
Agreement, the term “Work Product” means all inventions, innovations, improvements, technical information, systems,
software developments, methods, designs, analyses, drawings, reports, service marks, trademarks, trade names, logos and all similar or
related information (whether patentable or unpatentable, copyrightable, registerable as a trademark, reduced to writing, or otherwise)
which relates to the Company’s actual or anticipated business, research, and development or existing or future products or services
and which are conceived, developed, or made by the Contractor (whether or not during usual business hours, whether or not by the use of
the facilities of the Company, and whether or not alone or in conjunction with any other person) while engaged by the Company (including
those conceived, developed, or made prior to the start date of the Previous Employment) together with all patent applications, letters
patent, trademark, trade name, and service mark applications or registrations, copyrights, and reissues thereof that may be granted for
or upon any of the foregoing. All Work Product that the Contractor may have discovered, invented, or originated during the Contractor’s
engagement by the Company prior to the Effective Date, or that the Contractor may discover, invent, or originate during the Term, shall
be the exclusive property of the Company, as applicable, and the Contractor hereby assigns all of the Contractor’s right, title,
and interest in and to such Work Product to the Company, including all intellectual property rights therein. The Contractor shall promptly
disclose all Work Product to the Company, shall execute at the request of the Company any assignments or other documents the Company may
deem necessary to protect or perfect its rights therein, and shall assist the Company, at the Company’s expense, in obtaining, defending,
and enforcing the Company’s rights therein. The Contractor hereby appoints the Company as the Contractor’s attorney-in-fact
to execute on the Contractor’s behalf any assignments or other documents deemed necessary by the Company to protect or perfect the
Company’s rights to any Work Product. To preclude any possible uncertainty, the Contractor has set forth on Exhibit B attached
hereto a complete list of developments that the Contractor has, alone or jointly with others, conceived, developed, or reduced to practice
prior to the commencement of the Contractor’s involvement, whether official or unofficial in nature, with the Company that the Contractor
considers to be the Contractor’s property or the property of third parties and that the Contractor wishes to have excluded from
the scope of this Agreement (“Prior Inventions”). If, in the course of the Contractor’s engagement with the Company,
the Contractor incorporates a Prior Invention of the Contractor into a Company product, process, or machine or other work done for the
Company, the Contractor hereby grants to the Company an irrevocable, worldwide, perpetual, royalty-free, non-exclusive license to use,
publish, reproduce, perform, display, distribute, modify, prepare derivative works based upon, make, have made, sell, offer to sell, import,
and otherwise exploit such Prior Invention. The Company may assign, transfer, and sublicense such rights to others without the Contractor’s
approval. Notwithstanding the foregoing, the Contractor will not incorporate, or permit to be incorporated, Prior Inventions in any Company
development without the Company’s prior written consent. The Contractor acknowledges that the Company may have from time to time
agreements with other persons or with the United States Government or its agencies which impose obligations or restrictions on the Company
regarding inventions made during the course of work under such agreements or regarding the confidential nature of such work. The Contractor
agrees to comply with any such obligations or restrictions upon the direction of the Company. In addition to the rights assigned under
this Section, the Contractor also assigns to the Company (or any of its nominees) all rights which the Contractor has or acquired in any
developments, full title to which is required to be in the United States under any contract between the Company and the United States
or any of its agencies.

 

 

 

 

    	 	3	 

     

    

 

www.nocera.company

 

(b)              
The Contractor agrees that if the Contractor were to become employed by, or substantially involved in, the business of a competitor
of the Company during the Restricted Period (defined below), it would be very difficult for the Contractor not to rely on or use the Company’s
trade secrets and confidential information. Thus, to avoid the inevitable disclosure of the Company’s trade secrets and confidential
information, and to protect such trade secrets and confidential information and the Company’s relationships and goodwill with customers,
during the Restricted Period, the Contractor shall not, directly or indirectly, within the United
States of America or within any other country in the world, engage in, own an interest in (except as a holder of no more than five percent
(5%) of the shares of any publicly traded corporation), be employed by, consult for, act as an advisor to, or otherwise in any way participate
in or become associated with, any Competitive Business (as defined below) or any corporation, partnership, limited liability company,
business, enterprise, venture, or other person or entity that is engaged or participates in any Competitive Business. “Competitive
Business” shall mean any business that offers Recirculating Aquaculture Systems and fish farming related services. The restricted
time periods provided for in this Section shall be extended for a period equal to any period of time in which the Contractor is in violation
of any provision of this Agreement and any period of time required for litigation to enforce the provisions of this Agreement.

 

(c)              
The Contractor agrees that for so long as the Contractor is engaged by the Company and continuing for one (1) year thereafter (such
period is referred to as the “Restricted Period”), the Contractor shall not solicit or attempt to solicit the business
of any customers or clients of the Company with respect to services that the Company performs for such customers or clients regardless
of how or when the Contractor first obtained business from or provided services to such customers or clients.

 

(d)              
The Contractor agrees that during the Restricted Period not to directly or indirectly, by sole action or in concert with others,
induce or influence, or seek to induce or influence any person who is currently engaged by the Company at the time of the termination
of the Contractor’s engagement as an employee, agent, independent contractor, or otherwise to leave the employ of the Company or
any successor or assign, or to hire any such person.

 

(e)              
During the Term and at any time thereafter, the Contractor shall not, directly or indirectly, engage in any conduct or make any
statement, whether in commercial or noncommercial speech, disparaging or criticizing in any way the Company, or any of their respective
officers, directors, employees, customers, or agents or any products or services offered by any of them, nor shall the Contractor engage
in any other conduct or make any other statement that could be reasonably expected to impair the goodwill of any of them.

 

(f)               
The Contractor acknowledges that, during the Term, the Contractor has become familiar, or will become familiar, with the Company’s
trade secrets and with other confidential and proprietary information concerning the Company and that the Contractor’s services
have been and will be of special, unique, and extraordinary value to the Company. The Contractor agrees that the foregoing covenants set
forth in this Section 3 (together, the “Restrictive Covenants”) are reasonable and necessary to protect
the Company’s trade secrets and other confidential and proprietary information, good will, stable workforce, and customer relations.

Without limiting the generality of the Contractor’s
agreement in the preceding paragraph, the Contractor (i) represents that the Contractor is familiar with and has carefully considered
the Restrictive Covenants, (ii) represents that the Contractor is fully aware of the Contractor’s obligations hereunder, (iii) agrees
to the reasonableness of the length of time, scope, and geographic coverage, as applicable, of the Restrictive Covenants, (iv) agrees
that the Company currently conducts business throughout the world, and (v) agrees that the Restrictive Covenants will continue in
effect for the applicable periods set forth above in this Section 3. The Contractor understands that the Restrictive Covenants
may limit the Contractor’s ability to earn a livelihood in a business similar to the business of the Company, but the Contractor
nevertheless believes that the Contractor has received and will receive sufficient consideration and as otherwise provided hereunder or
as described in the recitals hereto to clearly justify such restrictions which, in any event (given the Contractor’s education,
skills, and ability), the Contractor does not believe would prevent the Contractor from otherwise earning a living. The Contractor agrees
that the Restrictive Covenants do not confer a benefit upon the Company disproportionate to the detriment of the Contractor.

 

 

 

 

    	 	4	 

     

    

 

www.nocera.company

 

(g)              
(i) In the event that a Restrictive Covenant shall be deemed by any court to be unreasonably broad in any respect, it shall be
modified in order to make it reasonable and shall be enforced accordingly; provided, however, that in the event that any
court shall refuse to enforce any of the Restrictive Covenants, then the unenforceable covenant shall be deemed eliminated from the provisions
of this Agreement for the purpose of those proceedings to the extent necessary to permit the remaining covenants to be enforced so that
the validity, legality, or enforceability of the remaining provisions of this Section 3 shall not be affected thereby.

 

(ii) The Contractor
acknowledges that any breach of the Restrictive Covenants may cause irreparable harm to the Company which will be difficult if not impossible
to ascertain, and the Company shall be entitled to seek equitable relief, including injunctive relief, against any actual or threatened
breach hereof, without bond and without liability should such relief be denied, modified, or vacated. Neither the right to obtain such
relief nor the obtaining of such relief shall be exclusive of or preclude the Company from any other remedy the Company may have hereunder
or at law or equity.

 

4.                 
Termination. The Company can terminate this Agreement at any time upon five (5) working days’ written notice to the
Contractor. Upon termination of this Agreement, the Company shall have no further obligations to
the Contractor under this Agreement or otherwise.

 

5.                 
Representations and Warranties.  The
Contractor represents and warrants to the Company that (i) the Contractor is free to enter into this Agreement, to grant the rights granted
herein, and to perform fully all the Contractor’s obligations in this Agreement; (ii) this Agreement and the Contractor’s
obligations hereunder do not violate the terms of any other agreement to which the Contractor is a party or by which the Contractor is
bound, (iii) the Contractor is not subject to any confidentiality agreement, non-competition agreement, non-solicitation agreement, or
any other similar agreement that restricts the Contractor’s ability to perform the services for the Company for which the Contractor
was hired, (iv) the Contractor shall perform the Services in compliance with all applicable federal, state, and local laws and regulations,
including by maintaining all licenses, permits, and registrations required to perform the Services, (v) the Company will receive good
and valid title to all Work Product, free and clear of all encumbrances and liens of any kind, (vii) all Work Product is and shall be
your original work (except for material in the public domain or provided by the Company) and do not and will not violate or infringe upon
the intellectual property right or any other right whatsoever of any person, firm, corporation, or other entity, and (vii) the Contractor
shall perform the Services in a professional and workmanlike manner in accordance with best industry standards for similar services, and
the Contractor shall devote sufficient resources to ensure that the Services are performed timely.

 

6.                 
Indemnification. The Contractor shall defend, indemnify, and hold harmless the Company
and its directors, officers, employees, and agents from and against all allegations, claims, actions, demands, damages, liabilities, obligations,
losses, settlements, judgments, costs, and expenses (including without limitation attorneys’ fees and costs) that arise out of,
relate to, or result from, the Contractor’s act or omission causing bodily injury, death of any person, or damage to real
or tangible personal property or breach of any representation, warranty, or obligation by the Contractor under this Agreement.
The Company may satisfy such indemnity (in whole or in part) by way of deduction from any payment due to the Contractor.

 

7.                 
Miscellaneous.

 

(a)              
Entire Agreement. This Agreement supersedes any and all agreements, either oral or written, between the Company and the
Contractor with respect to the rendering of the Services. Each Party acknowledges that no representations, inducements, promises, or agreements
have been made by either Party, or anyone acting on behalf of either Party, which are not a party to this Agreement, and that no other
agreement, statement, or promise not contained in this Agreement shall be valid or binding.

 

(b)              
Governing Law; Jurisdiction. This Agreement will be governed by and construed in accordance with the laws of the State of
Nevada. The state or federal courts located within the State of Nevada shall have exclusive jurisdiction
over any dispute arising out of this Agreement.

 

 

 

 

    	 	5	 

     

    

 

www.nocera.company

 

(c)              
Severability. If any provision of this Agreement, as applied to any party or to any circumstance, shall be found by a court
to be void, invalid or unenforceable, the same shall in no way affect any other provision of this Agreement or the application of any
such provision in any other circumstance, or the validity or enforceability of this Agreement.

 

(d)              
Amendment; Assignment. This Agreement may be amended or modified only by a written instrument signed by the Contractor and
by an expressly authorized representative of the Company. This Agreement, the Services, and all
rights hereunder are unique and personal to the Contractor and may not be transferred or assigned by the Contractor at any time without
the prior written consent of the Company.

 

(e)              
Notice. All notices under this Agreement shall be in writing and shall be (a) delivered in person, (b) sent by facsimile
or e-mail, or (c) mailed, postage prepaid, either by registered or certified mail, return receipt requested, or overnight express carrier,
addressed in each case designated by the party by giving notice in accordance with this Section 7(e). All notices sent pursuant
to the terms of this Section 7(e) shall be deemed received (i) if personally delivered, then on the date of delivery; (ii) if sent
by facsimile or e-mail before 2:00 p.m. local time of the recipient, on the day sent if a business day or if such day is not a business
day or if sent after 2:00 p.m. local time of the recipient, then on the next business day; (iii) if sent by overnight, express carrier,
on the next business day immediately following the day sent; or (iv) if sent by registered or certified mail, on the earlier of the third
(3rd) business day following the day sent or when actually received. Any notice by facsimile or e-mail shall be followed by
delivery of a copy of such notice on the next business day by overnight express carrier or by hand. For twelve (12) months following the
termination of the Contractor’s engagement, the Contractor will notify the Company of any change in the Contractor’s address
and of each subsequent employment or business activity, including the name and address of the Contractor’s future employer or other
post-termination employment plans and the nature of the Contractor’s activities.

 

(f)               
Waiver. Failure by either Party to insist upon strict compliance with any of the terms, covenants, or conditions hereof
shall not be deemed a waiver of such term, covenant, or condition, nor shall any waiver or relinquishment of any right or remedy hereunder
at any time be deemed a waiver or relinquishment of such right or remedy.

 

(g)              
Use of Non-Company Information. The Contractor agrees not to bring to the Company or to use in the performance of the Contractor’s
Services for the Company or its clients any materials or documents of a present or former employer of the Contractor (other than the Company),
or any materials or documents obtained by the Contractor under an obligation of confidentiality imposed by reason of another of the Contractor’s
business relationships, unless such materials or documents are generally available to the public or the Contractor has authorization from
such present or former employer or client for the possession and unrestricted use of such materials. The Contractor understands that the
Contractor is not to breach any obligation of confidentiality that the Contractor has to present or former employers or clients, and agrees
to fulfill all such obligations during the Term.

 

(h)              
Shares. The Contractor acknowledges and agrees that the Shares that are issued pursuant to this Agreement will be subject
to the same transfer and other restrictions applicable to the Common Stock held by the stockholders of the Company as of the date hereof.

 

(i)                
Attributes. The Contractor hereby perpetually and irrevocably gives the Company permission to use any and all of the Contractor’s
voice, image, and likeness, with or without using the Contractor’s name, and references to the Contractor’s biographical information
and other personal attributes (including, without limitation, references to the Contractor’s social or traditional media publications,
productions, shows, and affiliations) in connection with the products and/or services of the Company, for the purposes of advertising
and promoting such products and/or services of the Company, and/or for other purposes deemed appropriate by the Company in its reasonable
discretion, except to the extent expressly prohibited by law.

 

 

 

    	 	6	 

     

    

 

www.nocera.company

 

(j)                
Trade Secret Law and Investigations. The Contractor hereby acknowledges receipt of the following notice under 18 U.S.C.
§ 1833(b)(1):

 

“An individual
shall not be held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a trade secret that (A)
is made (i) in confidence to a Federal, State, or local government official, either directly or indirectly, or to an attorney; and (ii)
solely for the purpose of reporting or investigating a suspected violation of law; or (B) is made in a complaint or other document filed
in a lawsuit or other proceeding, if such filing is made under seal.”

The
Contractor also further agrees that during the term of this Agreement and thereafter, the Contractor will cooperate fully with the Company
in the defense or prosecution of any government investigations and any government or third-party claims or actions now in existence or
which may be brought or threatened in the future against or on behalf of the Company, including any claim or action against its directors,
officers, and employees.  The Contractor’s cooperation in connection with such claims or actions shall include the Contractor
being available, within reason given the constraints of personal commitments, future employment, or job search activities, to meet with
the Company to prepare for any proceeding, to provide truthful affidavits, to assist with any audit, inspection, proceeding, or other
inquiry, and to act as a witness in connection with any litigation or other legal proceeding affecting the Company.  The Contractor
further agrees that should an individual representing a party adverse to the business interests of the Company (including, without limitation,
anyone threatening any form of legal action against the Company) contact the Contractor (directly or indirectly), the Contractor will
promptly (within forty-eight (48) business hours) inform the General Counsel of the Company in writing of that fact, unless prohibited
from doing so under court order.

 

(k)              
Counterparts. This Agreement may be executed in one or more counterparts, each of which when executed shall be deemed to
be an original but all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of a signature
page to this Agreement by electronic transmission, including in portable document format (.pdf), shall be deemed as effective as delivery
of an original executed counterpart of this Agreement.

 

[Signature page follows]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	7	 

     

    

 

www.nocera.company

 

 

 

IN WITNESS WHEREOF, the parties
hereto have executed this Consulting Agreement as of the day and year first above written.

 

 

	 	CONTRACTOR
	 	
     

     

     

	 	
    /s/ Shih-Chung Lin                         

    Shih-Chung Lin, an individual

     

	 	 
	 	 
	 	
    COMPANY

     

    NOCERA, INC.,

    a Nevada corporation

     

	 	
     

     

     

    By: /s/ Yin-Chieh Cheng                

    Name: Yin-Chieh Cheng

    Title: President and Chief Executive Officer

 

 

  

 

 

 

 

 

 

Signature Page to Consulting Agreement (Lin)

 

 

 

    	 	8	 

     

    

 

www.nocera.company

 

 

 

 

SCHEDULE A

 

SERVICES

 

The Contractor
will be available on an as-needed basis to respond to emails and phone calls from, and engage in discussions with, the Company’s
employees relating to the services that the Contractor provided to the Company during the Contractor’s employment with the Company
in a manner consistent with the standards the Contractor maintained when employed by the Company. The Contractor’s point of contact
for the Services is Stan Yu.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	SA-1	 

     

    

 

www.nocera.company

 

 

 

 

EXHIBIT A

 

NUMBER OF SHARES

 

As full
and complete consideration for the Contractor’s Services, the Company shall issue fifty thousand (50,000) shares of the Company’s
common stock to the Contractor to be due and earned upon the Effective Date.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

    	 	A-1	 

     

    

 

www.nocera.company

 

 

 

 

EXHIBIT B

 

PRIOR INVENTIONS

 

None.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

    	 	B-1

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