Document:

EX-10.1

 Exhibit 10.1 
  

			
	 January 6, 2021
  
	 	

 Dear Rachel, 
 Thank you for
your contributions to Starbucks success and congratulations on your promotion to the role of executive vice president and chief financial officer. I look forward to your first day on February 1, 2021. 

Here Are The Specifics Of Your Offer: 
 Base Salary

 You will be paid a base salary that annualizes to $800,000. 

Promotional Equity Award
 You may be eligible to receive
an equity award with an economic value of $1,000,000 (USD) under the 2005 Key Employee Sub-Plan to Starbucks Corporation 2005 Long-Term Equity Incentive Plan (the “Plan”) with 100% in the
form of restricted stock units. Your eligibility for the restricted stock units is subject to approval by the Compensation and Management Development Committee of the Board of Directors (“Committee”) or its designee. The grant
date for your equity awards will be after you assume your new position and otherwise effective in accordance with the Company’s equity grant timing guidelines. The restricted stock units will vest 50% on the second anniversary date of the
grant and 50% on the fourth anniversary date of the grant, subject to your continued employment.
 Executive Management Bonus Plan 

You will be eligible to participate in the Executive Management Bonus Plan (EMBP) in fiscal 2021. Your incentive target will be 120% of your eligible
base salary, prorated from your eligibility date in your new role. For more information about the EMBP please talk with your Partner Resources contact. Starbucks reserves the right to review, change, amend, or cancel incentive plans at any time.

 Long-Term Incentives 
 Starbucks Total Rewards
philosophy includes long-term incentives. Each year, as determined by the Committee, you may be eligible to receive an equity award under the Leadership Stock Plan with 60% of the economic value in the form of performance restricted stock units and
40% of the economic value in the form of time-based restricted stock units. Annual awards are typically granted in November and are contingent upon Committee approval after considering a number of factors. You will be eligible for an annual
long-term incentive award starting in fiscal 2022 (with an expected grant sometime in November 2021). Starbucks reserves the right to review, change, amend, or cancel long-term incentive plans at any time. 

Stock Ownership 
 As a senior executive, the
Company’s executive stock ownership guidelines will apply to you. The guidelines require covered executives to achieve a minimum investment in Starbucks stock within five (5) years. Your minimum investment as evp and chief
financial officer is three (3) times your annual base salary. A copy of the guidelines will be provided to you. 

 Executive Life Insurance 

As an executive, you and your family have a greater exposure to financial loss resulting from your death. Starbucks recognizes this exposure and has provided
for coverage greater than outlined in Your Special Blend. You will receive partner life coverage equal to three (3) times your annualized base pay, paid for by Starbucks. You may purchase up to an additional two (2) times your
annualized base pay (for a total of five (5) times pay) to a maximum life insurance benefit of $2,000,000. 
 Executive Physical Exam 

You are eligible to participate in Starbucks executive physical program. Information about the program and our program provider will be emailed to you (new
participants are notified at the beginning of each calendar quarter). The program provider will contact you shortly thereafter to establish an appointment. If you have questions about this physical, please consult your Partner Resources contact.

 Insider Trading 
 You will be prohibited from trading
Starbucks securities (or, in some circumstances, the securities of companies doing business with Starbucks) from time to time in accordance with the Company’s Insider Trading Policy. A copy of the policy will be provided to you on your first
day and you will be required to complete an online training and certify that you have read and understood the policy. 
 Coffee and Dairy Hedging

 As an officer of the Company you are prohibited from trading in coffee or dairy futures, options or similar instruments for your own account. If you
have further questions, please consult your Partner Resources contact. 
 If you accept this offer it is contingent on the following conditions of hire
including: 
  

	 	•	 	 Signing a Confidentiality, Non-Solicitation and Non-Competition Agreement 

 Your employment with Starbucks Corporation will be “at will,”
meaning that either you or the Company will be entitled to terminate your employment at any time and for any reason, not prohibited by law. 
 On behalf of
the entire team, I wish you the best in your new role and look forward to your continued success and partnership. 
 Warm regards, 

/s/ Kevin Johnson 
 Kevin Johnson 

president and ceo 
  

	Enc.	   Confidentiality, Non-Solicitation and Non-Competition Agreement 

   Coffee Heding Policy 

 I accept employment with Starbucks Corporation, or its wholly-owned subsidiaries, according to the terms set
forth above. 
  

							
	 /s/ Rachel Ruggeri
	 		 	 1/6/2021
	 	
	Rachel Ruggeri	 		 	Date of AcceptanceExhibit
10.1

 

REGO PAYMENT
ARCHITECTURES, inc.

NONQUALIFIED
STOCK OPTION AGREEMENT

 

This Agreement (this "Agreement")
is made as of January 1, 2021 (the "Date of Grant"), by and between Rego Payment Architectures, Inc., a Delaware
corporation (the "Company"), and Chore Check, LLC (the "Optionee").

 

		1.	Term of Option. The term of the Option will commence on the Date of Grant and, unless earlier terminated in accordance
with Section 5  hereof, will expire three years from the Date of Grant.

 

		2.	Right to Exercise.

 

		(a)	Subject to Section 5 hereof, the Option will be exercisable immediately.

 

		(b)	To the extent the Option is exercisable, it may be exercised in whole or in part. The Optionee will be entitled to the privileges
of ownership with respect to Optioned Shares purchased and delivered to the Optionee upon the exercise of all or part of the Option.

 

		3.	Option Nontransferable. The Option granted hereby will be neither transferable nor assignable by the Optionee other
than by will or by the laws of descent and distribution and may be exercised, during the lifetime of the Optionee, only by the
Optionee, or in the event of his or her legal incapacity, by his or her guardian or legal representative acting on behalf of the
Optionee in a fiduciary capacity under state or foreign law and court supervision. In the event the Option is exercisable after
the Optionee's death as permitted by this Agreement, this Option may be exercised by the Optionee's executor or administrator or
by the distributee or legatee to whom this Option was transferred by will or the laws of descent and distribution.

 

		4.	Notice of Exercise; Payment.

 

		(a)	To the extent then exercisable, the Option may be exercised by written notice to the Secretary of the Company stating the number
of Optioned Shares for which the Option is being exercised and the intended manner of payment.

 

		(b)	Payment equal to the aggregate consideration for the Optioned Shares for which the Option is being exercised will be tendered
in full with the notice of exercise in cash in the form of currency or check or other cash equivalent acceptable to the Company.

 

		(c)	If permitted by applicable law, the requirement of payment in cash will be deemed satisfied if the Optionee makes arrangements
that are satisfactory to the Company with a broker to sell on the exercise date a sufficient number of Optioned Shares that are
being purchased pursuant to the exercise, so that the net proceeds of the sale transaction are at least equal to the amount of
the aggregate Option Price plus payment of any applicable withholding taxes, and pursuant to which the broker undertakes to deliver
to the Company the amount of the aggregate consideration plus payment of any applicable withholding taxes on a date satisfactory
to the Company, but not later than the date on which the sale transaction will settle in the ordinary course of business.

 

    	chore check, llc REGO option agreement	1 	1-1-2021

    	 

    

 

		(d)	As a further condition precedent to the exercise of the Option, the Optionee will comply with all regulations and requirements
of any regulatory authority having control of, or supervision over, the issuance of Optioned Shares and in connection therewith
will execute any documents that the Committee in its sole discretion deems necessary or advisable. The date of the Optionee's written
notice will be the exercise date.

 

		5.	Termination of Agreement.

 

		(a)	This Agreement and the Option granted hereby will terminate automatically and without further notice on the earliest of the
following dates:

 

		(i)	Six months from the date of the Optionee's death if the Optionee dies; or

 

		(ii)	Three years from the Date of Grant.

 

		6.	Taxes and Withholding. To the extent that the Company or any of its subsidiaries is required to withhold federal, state,
local or foreign taxes in connection with the exercise of the Option, and the amounts available to the Company or such subsidiary
for such withholding are insufficient, it will be a condition to the exercise of the Option that the Optionee makes arrangements
that are satisfactory to the Company or such subsidiary for the payment thereof.

 

		7.	Compliance with Law. The Company will make reasonable efforts to comply with all applicable federal and state securities
laws; provided, however, that notwithstanding any other provision of this Agreement, the Option will not be exercisable
if the exercise thereof would result in a violation of any such law.

 

		8.	Adjustments. The Committee may make or provide for such adjustments in the Option in light of any stock split, subdivision
of shares or other change in the Company's capital structure as provided in the Plan. In the event of any such transaction or event,
the Committee, in its discretion, may provide in substitution for the Option such alternative consideration as it may determine
to be equitable and may require in connection therewith the surrender of the Option.

 

		9.	Availability of Common Shares. The Company will at all times until the expiration of the Option reserve and keep available,
either in its treasury or out of its authorized but unissued Common Shares, the full number of Optioned Shares deliverable upon
the exercise of the Option.

 

		10.	Amendments. No amendment will impair the rights of the Optionee under this Agreement without the Optionee's consent.

 

    	chore check, llc REGO option agreement	2 	1-1-2021

    	 

    

 

		11.	Severability. In the event that one or more of the provisions of this Agreement is invalidated for any reason by a court
of competent jurisdiction, any provision so invalidated will be deemed to be separable from the other provisions hereof, and the
remaining provisions hereof will continue to be valid and fully enforceable.

 

		12.	Successors and Assigns. Without limiting Section 4 hereof, the provisions of this Agreement will inure to the benefit
of, and be binding upon, the successors, administrators, heirs, legal representatives and assigns of the Optionee, and the successors
and assigns of the Company.

 

		13.	Governing Law. The interpretation, performance and enforcement of this Agreement will be governed by the laws of the
State of Delaware, without giving effect to the principles of conflict of laws thereof. Each party to this Agreement hereby consents
and submits himself, herself or itself to the jurisdiction of the courts of the State of Delaware for the purposes of any legal
action or proceeding arising out of this Agreement.

 

		14.	Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, and both of
which together shall constitute one and the same instrument. The Agreement may further be delivered by facsimile or electronic
transmission, and the facsimile or electronic signatures may be deemed original signatures for all purposes.

 

		15.	Notices. Any notice to the Company provided for herein will be in writing to the Company and any notice to the Optionee
will be addressed to the Optionee at his or her address on file with the Company. Except as otherwise provided herein, any written
notice will be deemed to be duly given if and when delivered personally or sent by courier service, registered mail or electronic
means of communication, and addressed as aforesaid. Any party may change the address to which notices are to be given hereunder
by notice to the other party as herein specified (provided that for this purpose any mailed notice will be deemed given on the
third business day following deposit of the same in the mail).

 

[Signature page follows]

 

    	chore check, llc REGO option agreement	3 	1-1-2021

    	 

    

 

IN WITNESS WHEREOF, the Company has caused
this Agreement to be executed on its behalf by its duly authorized officer and Optionee has also executed this Agreement in duplicate,
as of the day and year first above written.

 

 

	 	REGO PAYMENT ARCHITECTURES, INC.
	 	 	 
	 	By: 	/s/ Scott A. McPherson
	 	Name: 	Scott A. McPherson
	 	Title:   	Chief Financial Officer

 

 

The undersigned Optionee hereby acknowledges receipt of an executed
original of this Agreement and accepts the Option granted hereunder, subject to the terms and conditions set forth herein.

 

 

 

	 	/s/ Douglas Waggoner
	 	Chore Check, LLC
	 	Name: Douglas Waggoner
	 	Title:   Owner

 

 

	chore check, llc REGO option agreement	4	1-1-2021

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