Document:

CONSULTING
AGREEMENT

 

This
CONSULTING AGREEMENT (this “Agreement”) is made and entered into as of August 20, 2018 (the “Effective
Date”), by and between Blue Eagle Lithium Inc, a Nevada corporation (the “Company”), and Peter R.
Murray (“Consultant”).

 

RECITALS:

 

A.
The Company is a development stage company seeking Lithium exploration opportunities, currently focused on its Railroad Valley
Property.

 

B.
Consultant is an “Operations Specialist” who has performed various services for Exploration and Mining companies and
has extensive expertise in exploration and production activities.

 

C.
Blue Eagle Lithium has acquired 4,000 gross and net acres and 200 claims in the Railroad Valley, Nevada (the “Lease”).

 

D.
The Company desires to engage Consultant to provide certain consulting services with respect to the Property and Exploration Program
and will perform the role of COO, “Chief Operating Officer” on the terms and conditions set forth in this Agreement.

 

AGREEMENT:

 

NOW
THEREFORE, in consideration of the mutual covenants and agreements contained herein, and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows:

 

1.
Engagement. The Company hereby engages Consultant as an independent contractor, and not as an employee, to provide certain
consulting services with respect to the Property as more fully described on Exhibit A attached hereto (collectively, the
“Services”). During the Consulting Term (as defined in Section 3 below), Consultant shall render the Services
to the Company upon the terms and conditions set forth herein. The Company will not treat Consultant as its employee for federal
tax purposes or any other purposes. Consultant will not hold himself out as an employee of the Company. This engagement does not
create an agency relationship, and Consultant shall have no authority to bind the Company, including, without limitation, the
ability to participate in management, policy affairs, day-to-day decisions, or make any statements, assurances or commitments
on the Company’s behalf. As a condition precedent to Consultant’s engagement by the Company, Consultant hereby consents
to have his name and bio listed on the Company’s website and in the Company’s marketing materials.

 

    	1

    	 

    

 

2.
Method of Performance. During the Consulting Term, Consultant shall serve as Chief Operations Officer of the Company and
shall provide the Company with the Services outlined in Exhibit A, but also ranging from Exploration Advice, Site Visits, Development
of Exploration programs, Results analysis, sourcing of key strategic partners, Assisting with fund raising, and Investor Relations
related Events. The Consultant, as an independent contractor, may determine the method, manner and means of performing the Services
to be carried out for the Company. In performing the Services, Consultant shall (a) act in the Company’s best interest at
all times, (b) conduct himself at the highest professional standards of ethics and integrity, (c) use his good faith efforts and
skills to preserve the business of the Company and the goodwill of employees and persons having business relations with the Company,
(d) devote as much time, energy and effort as is necessary to perform the Services in accordance with the highest professional
standards, (e) comply with all written Company codes of conduct and all written Company policies and procedures that may be implicated
by his provision of the Services, and (f) conduct the Services in compliance with all applicable state and federal laws.

 

3.
Term. Unless extended pursuant to this Section or terminated earlier pursuant to Section 4 below, the initial period of
Consultant’s engagement under this Agreement shall expire on the day prior to the one (1) year anniversary of the Effective
Date (the “Initial Term”). Upon expiration of the Initial Term, this Agreement will automatically renew for
consecutive one (1) year terms (each a “Renewal Term”) unless either party provides the other party written
notice of its intention to not to renew this Agreement at least thirty (30) days prior to the end of the Initial Term, or at least
sixty (60) days prior to the end of any Renewal Term once the Agreement has been continued beyond the Initial Term. The period
from the Effective Date until the end of the Initial Term, or any applicable Renewal Term, as the case may be, is hereinafter
referred to as the “Consulting Term.”

 

4.
Termination.

 

(a) Early
Termination. In the event either party fails to comply with any of the terms of this Agreement and fails to cure such
non-compliance to the reasonable satisfaction of the non-breaching party within thirty (30) days after receipt of
written notice of such breach, the non-breaching party may immediately terminate this Agreement.

 

(b)
Termination for Cause. The Company may immediately terminate this Agreement for “cause” by giving Consultant
written notice of such conduct and the Company’s intention to terminate. For purposes of this Agreement, “cause”
shall mean, with respect to Consultant:

 

(i)
the commission of fraud against the Company, or the misappropriation, theft or embezzlement of the assets of the Company, or the
performance of illegal or fraudulent acts, criminal conduct, or willful misconduct materially injurious to the business of the
Company; or

 

(ii)
conduct which materially and adversely affects the Company, or the business, operations, financial condition, or goodwill of the
Company.

 

    	2

    	 

    

 

(c)
No Cause Termination.

 

(i)
During the Initial Term, this Agreement may be terminated at any time by either party by providing the other party with at least
thirty (30) days written notice of such party’s intention to terminate this Agreement.

 

(ii)
During any Renewal Term, this Agreement may be terminated at any time by either party by providing the other party with at least
sixty (60) days written notice of such party’s intention to terminate this Agreement.

 

(iii)
During any notice period, Consultant agrees to use his reasonable best efforts to continue his work for the Company and the Company
agrees to continue compensating Consultant until the termination date with the same compensation as before the notice was given.

 

(d)
Effect of Termination. Upon expiration or termination of this Agreement, neither party shall have any further obligations
hereunder, except for obligations incurred prior to the date of expiration or termination, and obligations, promises, or covenants
contained herein which expressly extend beyond the term of this Agreement, including, but not limited to Consultant’s obligation
to indemnify the Company in accordance with Section 7 below and Consultant’s obligations with respect to Confidential Information
(as defined in Section 8 below).

 

5.
Compensation for Services.

 

(a)
Consulting Fee. During the Consulting Term, the Company will pay to Consultant a monthly fee in the amount of Three Thousand
Dollars ($3,000) per month (the “Consulting Fee”) for performing the Services with the monthly compensation
to be formally reviewed not later than January 15th 2019. The Consulting Fee shall be paid monthly in arrears no later
than the fifth (5th) day of the month immediately following the calendar month during which the Services were
performed.

 

(b)
Stock Issuance. In addition to the Consulting Fee, the Company will issue to Consultant up to five hundred thousand (500,000)
shares of the Company’s common stock, $0.001 par value per share (“Common Stock”), on the following schedule:
(i) one hundred twenty five thousand (125,000) shares of Common Stock on the Effective Date; (ii) in the event that this Agreement
is renewed for a first Renewal Term, one hundred twenty five thousand (125,000) shares of Common Stock on the one (1) year anniversary
of the Effective Date; (iii) in the event that this Agreement is renewed for a second Renewal Term, one hundred twenty five thousand
(125,000) shares of Common Stock on the two (2) year anniversary of the Effective Date; and (iv) in the event that this Agreement
is renewed for a third Renewal Term, one hundred twenty five thousand (125,000) shares of Common Stock on the three (3) year anniversary
of the Effective Date (collectively, the “Shares”).

 

    	3

    	 

    

 

(c)
No Benefits. Consultant is an independent contractor and, as such, Consultant shall not be entitled to participate in any
employment-related benefits that may be provided by the Company, including but not limited to, workers’ compensation insurance,
unemployment compensation insurance, vacation or sick pay, pension or profit sharing benefits, or any type of health, life or
disability insurance.

 

(d)
Business Expense Reimbursement. Consultant will be reimbursed for all customary and reasonable expenses actually incurred
by him in the performance of the Services, but only to the extent that such business expenses have been pre-approved by the Company.
Such reimbursement will be paid promptly after Consultant has complied with all written policies of the Company regarding reimbursement
of expenses.

 

6.
Representations and Warranties. Consultant represents and warrants to the Company as of the Effective Date as follows:

 

(a)
Consultant is under no contractual, judicial or other restraint that impairs his right or legal ability to enter into this Agreement
and to carry out his duties and responsibilities for the Company;

 

(b)
Consultant is acquiring the Shares for investment for his own account, not as a nominee or agent, and not with the view to, or
for resale in connection with, any distribution thereof;

 

(c)
Consultant has no present intention of selling, granting any participation interest in, or otherwise distributing the Shares;

 

(d)
Consultant has received all information he considers necessary or appropriate for deciding whether to acquire the Shares;

 

(e)
Consultant has had an opportunity to ask questions and receive answers from the Company regarding the Company’s business,
management, financial affairs and the terms and conditions of the issuance of the Shares;

 

(f)
Consultant is sophisticated and well-informed and has such knowledge and experience in financial and business matters in general,
and in investments in businesses similar to the Company in particular, as are necessary to enable him to evaluate the merits and
risks of an investment in the Company;

 

(g)
Consultant has no need for liquidity in his investment in the Company and he is able to bear the risk of such investment for an
indefinite period. Consultant’s present financial condition is such that he is under no present or contemplated future need
to dispose of any portion of the Shares; and

 

(h)
Consultant understands that the Shares have not been registered under the Securities Act of 1933, as amended, that the Shares
are “restricted securities” under applicable U.S. securities laws and that, pursuant to these laws, Consultant must
hold the Shares indefinitely unless they are registered with the Securities Exchange Commission and qualified by state authorities,
or an exemption from such registration and qualification requirements is available.

 

    	4

    	 

    

 

7.
Indemnification. Consultant hereby agrees to indemnify and hold the Company and its officers, directors, agents, shareholders,
representatives and affiliates (collectively, the “Company Indemnified Parties”) harmless from and against
any and all claims, actions, liabilities, losses, costs, damages, taxes and expenses of any nature whatsoever, including but not
limited to judgments, penalties, court costs, reasonable attorneys’ fees and other costs of investigating and defending
any such claim or action (collectively, “Losses”) which may be asserted against any of the Company Indemnified
Parties, arising from (i) the breach of any covenant, obligation, representation or warranty of Consultant under this Agreement;
(ii) the negligence or willful misconduct of Consultant in connection with Consultant’s performance of the Services during
the Consulting Term; and/or (iii) the Company’s treatment of Consultant as an independent contractor rather than treating
Consultant as an employee for tax purposes (collectively referred to as the “Indemnified Matters”). To the
fullest extent permitted by law, Consultant shall pay all expenses, including attorneys’ fees, actually and necessarily
incurred by the Company in connection with the defense of any complaint, action, suit, or proceeding relating to the Indemnified
Matters. Consultant’s obligations under this Section 7 shall apply regardless of any negligence on the part of the
Company Indemnified Parties.

 

8.
Confidential Information. The Company will provide Consultant with certain Confidential Information (as defined below)
in order to allow Consultant to perform the Services. Consultant acknowledges that the Confidential Information is the property
of the Company. Therefore, Consultant agrees that he shall not disclose or permit to be disclosed, without the prior written consent
of the Board of Directors or Chief Executive Officer of the Company, any Confidential Information other than as necessary to perform
the Services. Consultant agrees that during the Consulting Term and following the termination of his engagement with the Company
for any reason, he will not directly or indirectly use any Confidential Information for any reason other than the advancement
of the Company’s business interests. For purposes of this Agreement, the term “Confidential Information”
means, collectively, all information and data regarding the Company and its officers, directors, managers, shareholders, partners,
employees, affiliates, joint venturers, agents, representatives, independent contractors, subcontractors, clients, customers,
vendors, suppliers, developers, lenders, investors, budgets, research, analysis, studies, real and personal properties, intellectual
properties, licenses, license agreements, projects, expenses, fees, charges, pricing, assets, services, computer hardware and
software, data files, spreadsheets, operations, financial statements, marketing plans, methods, processes, business plans, and
financial performance, at any time obtained by Consultant in connection with Consultant’s engagement by the Company. Notwithstanding
the foregoing, the term Confidential Information shall not include any information that (a) is or becomes generally available
to the public (other than as a result of violation of this Agreement by Consultant), or (b) Consultant receives on a non-confidential
basis from a source other than the Company that is not known by Consultant to be bound by an obligation of secrecy or confidentiality.
If Consultant is requested in any legal proceeding to disclose any Confidential Information, Consultant agrees to give the Company
prompt notice of such request so that the Company may seek an appropriate protective order. If Consultant is nonetheless compelled
to disclose any Confidential Information by a court, subpoena, legal proceeding or governmental body having the authority to order
such disclosure, Consultant may disclose the Confidential Information without liability hereunder; provided, however,
that Consultant gives the Company written notice of the Confidential Information to be disclosed as far in advance of its disclosure
as is practicable and, upon the Company’s request, Consultant uses his good faith efforts to obtain assurances that confidential
treatment will be accorded to the Confidential Information.

 

    	5

    	 

    

 

9.
Return of Property to the Company. Upon the termination of his engagement with the Company for any reason, Consultant agrees
to promptly return to the Company all Company-owned property in his possession or control, including, without limitation, all
Confidential Information. After the termination of his engagement with the Company, Consultant agrees that he will not retain
copies of any Confidential Information or any other documents or property belonging to the Company.

 

10.
Independent Contractor Status. Consultant shall be an independent contractor and not an employee, agent, joint venturer,
or partner of the Company by virtue of this Agreement. Nothing in this Agreement shall be interpreted or construed as creating
or establishing the relationship of employer and employee between the Company, on the one hand, and Consultant on the other hand.
Neither Consultant nor the Company has any authority to act for or on behalf of the other, nor to bind the other to any contract
or in any other manner without the express approval in writing of the other. The Company shall not be required to pay on account
of Consultant, and pursuant to Section 7 of this Agreement Consultant shall indemnify and hold the Company harmless from, any
costs, expenses or claims associated with the payment, on account of Consultant, of any unemployment tax or other employees’
taxes required under law to be paid with respect to Consultant; nor shall the Company be required to withhold any monies from
any payments made hereunder to Consultant for income tax purposes or with respect to any other applicable deductions required
by law.

 

11.
Choice of Law. The parties agree that this Agreement shall be construed under the substantive laws of the State of Nevada,
without regard to its conflicts of law principles.

 

12.
Jurisdiction and Venue. Any judicial proceeding brought by or against either of the parties to this Agreement on any dispute
arising out of this Agreement or any matter relating thereto shall be brought in any federal or state court sitting or having
jurisdiction in Las Vegas, Nevada, and by execution and delivery of this Agreement, each of the parties hereto hereby accepts
for itself the exclusive jurisdiction and venue of the aforesaid courts as trial courts, and irrevocably agrees to be bound by
any final non-appealable judgment rendered in connection with this Agreement. The provisions of this Section 12 shall survive
expiration or termination of this Agreement, regardless of the cause of such termination.

 

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13.
WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHTS IT MAY HAVE TO DEMAND THAT ANY ACTION,
PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR IN ANY WAY RELATED TO THIS AGREEMENT OR THE RELATIONSHIPS OF THE PARTIES HERETO BE
TRIED BY JURY. THIS WAIVER EXTENDS TO ANY AND ALL RIGHTS TO DEMAND A TRIAL BY JURY ARISING FROM ANY SOURCE INCLUDING, BUT NOT
LIMITED TO, THE CONSTITUTION OF THE UNITED STATES OR ANY STATE THEREIN, COMMON LAW OR ANY APPLICABLE STATUTE OR REGULATIONS. EACH
PARTY HERETO ACKNOWLEDGES THAT IT IS KNOWINGLY AND VOLUNTARILY WAIVING ITS RIGHT TO DEMAND TRIAL BY JURY.

 

14.
Severability. If any provision of this Agreement is declared or found to be illegal, unenforceable, or void, in whole or
in part, then all parties will be relieved of all obligations thereunder, but only to the extent such provision is illegal, unenforceable,
or void. The parties intend that this Agreement will be deemed amended by modifying any such illegal, unenforceable, or void provision
to the extent necessary to make it legal and enforceable while preserving its intent, or if such is not possible, by substituting
therefor another provision that is legal and enforceable and achieves the same objectives. Notwithstanding the foregoing, if the
remainder of this Agreement will not be affected by such declaration or finding and is capable of substantial performance, then
each provision not so affected will be enforced to the extent permitted by law.

 

15.
Waiver. No delay or omission by either party to this Agreement to exercise any right or power under this Agreement will
impair such right or power or be construed as a waiver thereof. A waiver by any party to this Agreement of any of the covenants
to be performed by any other party or any breach thereof will not be construed to be a waiver of any succeeding breach thereof
or of any other covenant contained in this Agreement. All remedies provided for in this Agreement will be cumulative and in addition
to and not in lieu of any other remedies available to either party at law, in equity or otherwise.

 

16.
No Assignment. Neither this Agreement nor any right or interest hereunder shall be assignable by Consultant or his beneficiaries
or legal representatives without the Company’s prior written consent. This Agreement may not be assigned by the Company
except with Consultant’s prior written consent. Any attempted assignment without the requisite consent shall be void and
of no effect.

 

17.
Notices. Any notices, consents, demands, requests, approvals and other communications to be given under this Agreement
by either party to the other shall be deemed to have been duly given if given in writing and personally delivered or sent by mail
(registered or certified) or by a nationally recognized overnight delivery service, the business day on which the notice is actually
received by the party, or if given by certified mail, return receipt requested, postage prepaid, five (5) business days after
posted with the United States Postal Service, addressed as follows:

 

	 	(a)	if
    to the Company, to:
	 	 	 
	 	 	Blue
    Eagle Lithium Inc.
	 	 	2831
    St Rose Parkway
	 	 	Suite
    200
	 	 	Henderson,
    Nevada 89052
	 	 	Attention:
    Rupert Ireland.

 

or
to such other address as the Company may have advised Consultant in writing; and

 

    	7

    	 

    

 

	 	(b)	if
    to Consultant, to:
	 	 	 
	 	 	Peter
    R. Murray
	 	 	Princes
    Street
	 	 	Edinburgh,
    Scotland
	 	 	+447971615453

 

or
to such other address as Consultant may have advised the Company in writing.

 

18.
Entire Agreement. This Agreement represents the entire agreement relating to the relationship between the Company and Consultant.
No prior or subsequent promises, representations, or understandings relative to any terms or conditions of Consultant’s
engagement are to be considered binding or part of this Agreement unless expressly agreed to in a writing signed by the parties.

 

19.
Amendment. This Agreement may be amended only in a writing signed by the Company and Consultant.

 

20.
Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original for all
purposes and all of which shall be deemed collectively to be one agreement. Signatures given by facsimile or portable document
format (or similar format) shall be binding and effective to the same extent as original signatures.

 

21.
Acknowledgment. By signing below, the parties certify and represent that they have carefully read and considered the foregoing
Agreement and fully understand all provisions of this Agreement and understand the consequences of signing this Agreement, and
have signed this Agreement voluntarily and without coercion, undue influence, threat, or intimidation of any kind or type whatsoever.

 

[The
Remainder of This Page Is Intentionally Left Blank.]

 

    	8

    	 

    

 

IN
WITNESS WHEREOF, the Company and Consultant have executed this Agreement as of the Effective Date.

 

	COMPANY:
    	BLUE
    EAGLE LITHIUM INC.
	 	a
    Nevada corporation 
	 	 	 
	 	By:
    	/s/ Rupert
    Ireland
	 	Name:
    	Rupert
    Ireland
	 	Title:
    	CEO
	 	 	 
	CONSULTANT:	 	 
	 	 	 
	 	 	/s/ Peter
    R. Murray
	 	Name:	Peter
    R. Murray

 

    	9

    	 

    

 

EXHIBIT
A

 

SERVICES

 

During
the Consulting Term, Consultant shall provide the following Services:

 

	 	(a)
    	providing
    advice an guidance to the company concerning all elements of the Railroad project are fully executed; 
	 	 	 
	 	(b)
    	negotiating
    business agreements that provide for the exploration for and/or development of the Property; 
	 	 	 
	 	(c)
    	determining
    the appropriate 3rd Parties to engage as required
	 	 	 
	 	(d)	reviewing
    the status of title, curing title defects and otherwise reducing title risk associated with ownership in minerals;
	 	 	 
	 	(e)
    	managing
    rights and/or obligations derived from ownership of interests in minerals
	 	 	 
	 	(f)
    	Working
    with management to develop suitable Exploration Program
	 	 	 
	 	(g)
    	performing
    such other duties as may from time to time be assigned by the President of the Company.

 

The
parties agree to use good faith efforts to reach agreement on any additional services which the Company may require of Consultant
beyond the scope of the above-mentioned Services.

 

    	A-1EX-10.01

 Exhibit 10.01 
  

 
 April 25, 2018 
 Michael
Nefkens 
 Mike.nefkens@mac.com 
  

	Re:	Offer Letter 

 Dear Mike: 

I am pleased to confirm our offer to you to become the President and Chief Executive Officer of Honeywell Homes (“Homes”), a strategic business unit
of Honeywell International Inc. (“Honeywell”). The role, which is effective on a date that is mutually agreed upon (“Effective Date”), is currently based in Atlanta, Georgia and reports directly to Gary Michel. As you know, we
anticipate that Homes will be spun off as an independent public company (the “Company”) on or about December 31, 2018 (the actual spin-off date, if applicable, is hereinafter referred to as the
“Separation Date”). Your employment with Honeywell (and ultimately the Company) shall be subject to the terms and conditions of this offer letter. 

In connection with your new role, you will be entitled to the following compensation and benefits package: 

COMPENSATION 
 Base Salary: Your annual base
salary will be $880,000. After the spin is effectuated, any base salary adjustments shall be made by the Company’s Board of Directors from time to time. Adjustments are based on your performance and other relevant factors. 

Annual Incentive Compensation: Your target incentive compensation opportunity will be 125% of your annual cash base salary earnings during the year.
For 2018, you will be treated as being employed for the entire calendar year for purposes of determining your incentive compensation award. Incentive compensation awards are paid in the first quarter of the following year. 

For the full 2018 performance year, your incentive compensation award shall be paid entirely by the Company (i.e., no
pro-rated incentive award shall be paid by Honeywell), provided the spin is effectuated as planned. 
 Annual
Long-Term Incentive Awards: You will be eligible for annual equity awards with an initial target of 375% of your Base Salary. The size and mix of future awards will be determined by Honeywell’s or the Company’s Board of Directors, as
applicable. The terms of all long-term incentive awards will be governed by the terms of the applicable stock plan and the relevant award agreements. 

  
 

 
 Page 1 of 3 

 Sign-On Long-Term Incentive Awards From the Company: You will be
granted $4,300,000 worth of Company restricted stock units as of the Separation Date as a “founder’s grant.” These restricted stock units will vest 50% in Year 3 and 50% in Year 4, assuming you are still employed by the Company as of
such date. The “founders grant” is expressly conditioned on the successful spin-off of Honeywell Homes as an independent public company. 

OTHER EXECUTIVE BENEFITS 
 You will also be
entitled to the following Executive Benefits: 
  

	 	•	 	Welfare and Retirement: As provided to other employees of the Company (to be determined). 

  

	 	•	 	Vacation: As provided to other senior executives of the Company (to be determined). 

  

	 	•	 	Excess Liability Insurance: As provided to other senior executives of the Company (to be determined). 

  

	 	•	 	Executive Severance: You will receive 24 months of base salary continuation and incentive compensation (at target) in the event of your involuntary termination of employment (other than for cause). In the event
of your involuntary termination of employment (other than for cause) within 2 years of (i) a change in control of the Company within 2 years of the spin, or (ii) a sale of Homes by Honeywell, 36 months shall be substituted for 18 months.
In all other cases, you shall be subject to the terms of the applicable Honeywell or Company severance plan. Notwithstanding the foregoing, if the spin-off of Homes has not been effectuated by June 30,
2019, you will have the option of remaining with Honeywell or triggering your own severance by treating your resignation as an involuntary termination of employment (other than for cause and other than as a result of a change in control).

 RELOCATION 
 A condition of the
offer is that you agree to relocate to and work out of the Company’s headquarters location, once established. You will be eligible for relocation assistance in accordance with Honeywell’s Executive Level relocation guidelines. You will be
contacted by a representative from Honeywell’s relocation vendor to initiate the relocation process.     
 STOCK OWNERSHIP
GUIDELINES FOR COMPANY OFFICERS 
 As an Executive Officer of the Company, you will be required to hold a multiple of your annual base salary in
Company shares (to be determined by the Company) in accordance with the Company’s Stock Ownership Guidelines. 

  
 

 
 Page 2 of 3 

 INTELLECTUAL PROPERTY AND NON-COMPETITION AGREEMENTS 

As a condition of this employment offer, you are required to execute, in the form attached hereto, (i) Honeywell’s “Employee Agreement Relating
to Trade Secrets, Proprietary and Confidential Information” (“IP Agreement”), and (ii) the “Honeywell International Inc. Noncompete Agreement for Senior Executives” (“Noncompete Agreement”), both of which are
attached hereto. 
 In addition, you will be required to execute, in a form substantially similar to the corresponding Honeywell agreements, (i) the
Company’s intellectual property agreement (“IP Agreement”), and (ii) the Company’s noncompete agreement for senior executives (“Noncompete Agreement”), prior to the Separation Date. 

PRE-EMPLOYMENT REQUIREMENTS 

Upon your acceptance of this offer, a Honeywell representative will contact you regarding certain pre-employment
requirements that need to be completed prior to your start date (e.g., drug screen, I-9 completion, paycheck direct deposit, etc.). NOTE: Your offer is contingent upon a satisfactory background check and
negative drug screen. 
 ACCEPTANCE OF OFFER 

Please indicate your acceptance of this offer by electronically signing this offer letter, as well as the IP Agreement and Noncompete Agreement via DocuSign.

 Mike, we are excited to be extending this offer to you and look forward to your anticipated success with the Company. 

If you have any questions or need any further information about our offer, please contact me directly. 

Congratulations, 
 Mark R. James 

Senior Vice President 
 Human Resources, Procurement and
Communications 
  

					
	Read and Accepted:	  		 	
			
	 /s/ Michael Nefkens
	  		 	 April 25, 2018

	MICHAEL NEFKENS	  		 	Date

 All businesses experience changing conditions. Accordingly, we reserve the right to change work assignments, reporting
relationships and staffing levels to meet business needs, and your employment with Honeywell will be on an “at will” basis. This means that there is no guarantee of employment for any specific period, and either you or Honeywell may
terminate your employment at any time. 

  
 

 
 Page 3 of 3

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