Document:

Exhibit 10.12

 

BURGERFI INTERNATIONAL, INC.

EMPLOYMENT AGREEMENT

 

THIS EMPLOYMENT AGREEMENT (“Agreement”)
is made and entered into effective as of the 16th day of December, 2020, by and between BurgerFi International, Inc.,
a Delaware corporation (“Company”), and Julio Ramirez (“Executive”).

 

WITNESSETH:

 

WHEREAS, on the terms and subject to the
conditions hereinafter set forth, Company desires to engage Executive as Chief Executive Oficer, and Executive desires to work
with Company, to render Executive’s duties described herein to Company.

 

NOW, THEREFORE, in consideration of the
mutual promises set forth herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties hereto hereby agree as follows:

 

1. Employment; Title; Duties and Location.
Company hereby agrees to employ Executive on an exclusive basis, to render the duties set forth herein as an at-will employee of
Company, and Executive hereby accepts such employment with Company, for the Compensation (as hereinafter defined) and on the terms
and subject to the conditions set forth herein. During the Employment Period (as defined in Section 2 below), Executive shall serve
the Company as Chief Executive Officer and shall report exclusively and directly to the Board of Directors and its Executive Chairman.
Executive shall perform the duties consistent with Executive’s title and position and such other duties commensurate with
such position and title as shall be specified or designated by Company from time to time. Subject to Executive’s appointment
thereto, and without additional compensation, Executive shall hold such other or additional titles and serve, during the Employment
Period, in such other or additional capacities to which Executive may be appointed from time to time in Company and its affiliated
companies, provided such titles and additional capacities are consistent with Executive’s above-stated position and duties.
The principal place of performance by Executive of Executive’s duties hereunder shall be the Company’s corporate offices
in Palm Beach County, Florida, or such other location of the corporate offices from time to time, although Executive may be required
to reasonably travel outside of such area in connection with the performance of Executive’s duties.

 

1.1 Executive agrees to conduct its business
and activities so as to maintain and increase the goodwill and reputation of Company.

 

1.3 Executive acknowledges that Company’s
interest in maintaining and promoting Company’s reputation for quality and service. From time to time, Company may establish
reasonable policies, procedures and requirements that will be applicable and disseminated to its Executives. Executive hereby agrees
to strictly comply with all such policies, procedures and requirements.

 

    1

     

    

 

2. Term. Executive’s employment
hereunder shall commence on the date hereof (the “Commencement Date”) and shall continue for a one-year period
thereafter (the “Initial Term”), subject to earlier termination exclusively as provided for in Section 6 below,
and subject to extension as provided in the following sentence. Following the Initial Term, provided Executive’s employment
has not previously been terminated, Executive’s employment hereunder shall automatically be extended for successive, one-year
periods (each a “Renewal Term”), subject to earlier termination exclusively as provided for in Section 6 below.
For the purposes of this Agreement, the “Term” at any given time shall mean the Initial Term as it may have
been extended by one or more Renewal Terms as of such time (without regard to whether Executive’s employment is terminated
prior to the end of such Term), and the “Employment Period” means the period of Executive’s employment hereunder
(regardless of whether such period ends prior to the end of the Term and regardless of the reason for Executive’s termination
of employment hereunder).

 

3. Compensation. As compensation in full for the performance
of Executive’s duties hereunder (the “Compensation”), Company shall pay Executive:

 

3.1 Salary. Executive shall receive
a base salary (the “Base Salary”) payable in substantially equal installments in accordance with Company’s
normal payroll practices and procedures in effect from time to time and subject to applicable withholdings and deductions. Executive’s
starting Base Salary shall be at the annual rate of $275,000.00, subject to review at the end of each Term by the Compensation
Committee of the Board of Directors in consultation with Executive Chairman. Executive acknowledges and agrees that Executive may
be paid by a parent Company or other affiliate of Company (“Paymaster”). Notwithstanding payment by Paymaster
or reimbursement by an affiliate, Executive acknowledges and agrees that his sole contractual arrangement is with Company, Executive
is not an employee of Paymaster or any affiliate, and Executive shall not have any claims against Paymaster or any affiliate relating
to or arising out of Executive’s engagement by Company.

 

3.2 Incentive Bonus. Executive shall
also be eligible for an annual incentive bonus of up to $100,000.00, payable entirely in common stock of Company (the “Incentive
Bonus”), based on the achievement of certain key performance indicators (the “Key Performance Indicators”)
set forth on Exhibit A hereto, at the sole and exclusive discretion of the Executive Chairman.

 

3.3 Restricted Stock. Executive
will have the ability to earn up to 250,000 shares of Company’s common stock in restricted stock grants through Company’s
Omnibus Incentive Plan (collectively, the “Restricted Stock Grants”). Such Restricted Stock Grants shall be
earned by Executive in equal amounts (i.e., 50,000 each) at the yearly anniversary of the Commencement Date for each of the first
five years of employment with Company, subject to Executive’s achievement of the Key Performance Indicators set forth on
Exhibit A hereto, so long as Executive is still an employee in good standing at the time of each such anniversary, subject
to the terms and conditions of the Restricted Stock Purchase Agreement annexed hereto as Exhibit B. Shares issued upon each
grant will be locked up for 24 months.

 

    2

     

    

 

3.4 Benchmark Restricted Stock.
Executive shall be eligible to receive up to an additional 100,000 shares of Company common stock in restricted stock grants (“Benchmark
Restricted Stock Grants”) upon achievement by Company of the following benchmarks: (i) 25,000 shares, when the last reported
closing price of Company’s common stock for any 20 trading days within any consecutive 30 trading day period is greater than
or equal to $19.00 per share; (ii) 25,000 shares, when the last reported closing price of the Company’s common stock for
any 20 trading days within any consecutive 30 trading day period is greater than or equal to $22.00 per share; and (iii) 50,000
shares, when the last reported closing price of the Company’s common stock for any 20 trading days within any consecutive
30 trading day period is greater than or equal to $25.00 per share. These Benchmark Restricted Stock Grants may not be sold, transferred
or conveyed for a twelve-month period following the date upon which they are earned (each, an “Earning Date”),
provided that Executive is still an employee in good standing at the time of each such Earning Date, subject to the terms and conditions
of the Restricted Stock Purchase Agreement. If there is a Change of Control during the term of Employment all unearned Restricted
Stock Grants and Benchmark Restricted Stock Grants shall be deemed to have been earned and vested immediately prior to the Change
of Control. A “Change of Control” means the sale of all or substantially all the assets of Company; any merger,
consolidation or acquisition of Company with, by or into another corporation, entity or person; or any change in the ownership
of more than fifty percent (50%) of the voting capital stock of Company in one or more related transactions.

 

3.5 Benefits. Executive shall have
the right to receive or participate in all employee benefit programs and perquisites generally established by Company from time
to time for employees similarly situated to Executive, subject to the general eligibility requirements and other terms of such
programs and perquisites, and subject to Company’s right to amend, terminate or take other similar action with respect to
any such programs and perquisites.

 

3.6 Vacation and Other Paid Time Off.
Executive shall be entitled to 4 weeks of paid vacation, as well as sick days and any other paid time off, each year in accordance
with then current Company policy. Executive shall be entitled to an additional week of paid vacation following the first anniversary
of the Commencement Date and another week after the third anniversary.

 

3.7 Automobile. The Company shall
reimburse Executive for all reasonable and properly documented expenses associated with a Company automobile (including automobile
insurance, repairs, and gas), up to $1,200 per month.

 

4. Exclusivity and Best Efforts.
During the Employment Period, Executive shall (i) in all respects conform to and comply with the lawful directions and instructions
given to Executive by Company; (ii) subject to the proviso below, devote Executive’s entire business time, energy and skill
to Executive’s services under this Agreement; (iii) use Executive’s best efforts to promote and serve the interests
of Company and to perform Executive’s duties and obligations hereunder in a diligent, trustworthy, businesslike, efficient
and lawful manner; (iv) comply with all applicable laws and regulations, as well as the policies and practices established by Company
from time to time and made applicable to its employees generally or senior executives; (v) not engage in any other business, profession
or occupation for compensation or otherwise; and (vi) not engage in any activity that, directly or indirectly, impairs or conflicts
with the performance of Executive’s obligations and duties to Company, provided, however, that the foregoing shall not prevent
Executive from managing Executive’s personal affairs and passive personal investments and participating in charitable, civic,
educational, professional or community affairs, so long as, in the aggregate, any such activities do not unreasonably interfere
or conflict with Executive’s duties hereunder or create a potential business or fiduciary conflict with Company, as reasonably
determined by Company.

 

    3

     

    

 

5. Reimbursement for Expenses. Executive
is authorized to incur reasonable expenses in the discharge of the services to be performed hereunder in accordance with Company’s
expense reimbursement policies, as the same may be modified by Company from time to time in its sole and complete discretion (the
“Reimbursement Policies”). Company shall reimburse Executive for all such proper expenses upon presentation
by Executive of itemized accounts of such expenditures in accordance with the terms of the Reimbursement Policies.

 

6. Termination. This Agreement shall
be for at-will employment and shall continue until one of the parties hereto notifies the other of its intent to terminate this
Agreement at a date more than thirty days from the date of the notice. Upon the termination of Executive’s engagement hereunder,
Company shall have no further liability hereunder, except to pay Executive all Compensation earned by Executive as of the date
of termination and as set forth in Section 6.3 below.

 

6.1 Executive’s engagement and rights
hereunder may be terminated by Company or Executive, as the case may be, immediately upon a breach of this Agreement that, if possible
to be cured, has gone uncured for at least 30 days following written notice thereof.

 

6.2 Upon termination, Executive shall:

 

(i) Deliver to Company all documents, data, records, and all
other materials which are provided by Company to Executive, including any Confidential Information;

 

(ii) Take all such reasonable actions as
shall be requested in writing from time to time by Company consistent with the foregoing and for the orderly transition of the
services provided by Executive to either Company or to a new employee, in the discretion of Company.

 

6.3. Upon termination by Company without
cause the Incentive Bonus and all unearned Restricted Stock Grants for the year in which termination occurs shall be deemed to
have been earned and vested immediately before such termination. This Section 6 shall survive the termination of this Agreement
and Executive’s engagement hereunder.

 

7. Confidential Information and Competition.
Executive has entered into that certain Agreement Regarding Confidential Information and Prohibiting Competition attached hereto
as Exhibit C, the terms and conditions of which are hereby incorporated by this reference, and agrees that nothing herein
shall limit or restrict the obligations of Executive thereunder or enforcement of the terms thereof. As used herein, the term “Confidential
Information” shall have the meaning set forth in the Agreement Regarding Confidential Information and Prohibiting Competition.
This Section 7 shall survive the termination of this Agreement and Executive’s engagement hereunder.

 

    4

     

    

 

8. Trade Names and Trademarks. Executive
agrees that he will use only such trade names, trademarks or other designations of Company or any simulations thereof as may be
authorized in writing by Company. All such use shall be in accordance with Company's instructions and any such authorization may
be withdrawn or modified at any time. Executive will, in the event this Agreement is terminated, cease all use of any of Company's
trade names, trademarks or other designations or other simulations thereof. Executive will not register or attempt to register
or assert any right of ownership in any of Company's trade names, trademarks or other designations or any simulations thereof.
Executive shall immediately notify Company in writing upon learning of any potential or actual infringement of any trademark, patent,
copyright or other proprietary right owned by or licensed to Company, or of any actual or potential infringement by Company of
the rights of any third party.

 

9. Miscellaneous.

 

9.1 Notices. Any notice required
or permitted to be delivered to any party under the provisions of this Agreement shall be deemed to have been duly given (a) upon
hand delivery thereof, (b) upon telefax or email and written confirmation of transmission, (c) upon proof of delivery and receipt
of any overnight deliveries, or (d) on the third (3rd) business day after mailing United States registered or certified
mail, return receipt requested, postage prepaid, addressed to each party as follows:

 

	To Company:	105 U.S. Highway One
	 	North Palm Beach, FL 33408
	 	 
	With a copy to:	4218 NE 2nd Avenue
	 	Miami, FL 33137
	 	Attention: General Counsel
	 	 
	To Executive:	to the address set forth on the signature page

 

or to such other address or such other
person as any party shall designate, in writing, to the others for such purposes and in the manner set forth in this Section.

 

9.2 Accuracy of Statements. No representation
or warranty contained in this Agreement, and no statement delivered, or information supplied to any party pursuant hereto, contains
an untrue statement of material fact or omits to state a material fact necessary to make the statements or information contained
herein or therein not misleading. The representations and warranties made in this Agreement will be continued and will remain true
and complete in all material respects and will survive the execution of the transactions contemplated hereby.

 

    5

     

    

 

9.3 Entire Agreement. This Agreement
sets forth all the promises, covenants, agreements, conditions and understandings between the parties hereto, and supersedes all
prior and contemporaneous agreements, understandings, inducements or conditions, expressed or implied, oral or written, except
as herein contained.

 

9.4 Binding Effect; Assignment.
This Agreement shall be binding upon the parties hereto, their heirs, administrators, successors and assigns. Except as otherwise
provided in this Agreement, no party may assign or transfer its interests herein, or delegate its duties hereunder, without the
written consent of the other party. Any assignment or delegation of duties in violation of this provision shall be null and void.

 

9.5 Amendment. The parties hereby
irrevocably agree that no attempted amendment, modification, termination, discharge or change of this Agreement shall be valid
and effective, unless the parties shall unanimously agree in writing to such amendment.

 

9.6 No Waiver. No waiver of any
provision of this Agreement shall be effective unless it is in writing and signed by the party against whom it is asserted, and
any such written waiver shall only be applicable to the specific instance to which it relates and shall not be deemed to be a continuing
or future waiver.

 

9.7 Gender and Use of Singular and Plural.
All pronouns shall be deemed to refer to the masculine, feminine, neuter, singular or plural, as the identity of the party or parties,
or their personal Executives, successors and assigns may require.

 

9.8 Headings. The article and section
headings contained in this Agreement are inserted for convenience only and shall not affect in any way the meaning or interpretation
of the Agreement.

 

9.9 Governing Law. This Agreement
shall be construed in accordance with the laws of the State of Florida and any proceeding arising between the parties in any manner
pertaining or related to this Agreement shall, to the extent permitted by law, be held in Palm Beach County, Florida.

 

9.10 Further Assurances. The parties
hereto will execute and deliver such further instruments and do such further acts and things as may be reasonably required to carry
out the intent and purposes of this Agreement.

 

9.11 Litigation. If any party hereto
is required to take any action or engage in litigation against any other party hereto, either as plaintiff or as defendant, in
order to enforce or defend any rights under this Agreement, and such litigation results in a final judgment in favor of such party,
then the party or parties against whom said final judgment is obtained shall reimburse the prevailing party for all direct, indirect
or incidental expenses incurred, including, but not limited to, all attorneys' fees, court costs and other expenses incurred throughout
all negotiations, trials or appeals undertaken in order to enforce the prevailing party's rights hereunder.

 

    6

     

    

 

9.12 Mediation. Any controversy
or claim arising out of or relating to this Agreement, or the breach thereof, shall be settled by a mediation administered by a
mutually agreed upon mediator and, except as set forth below, the cost of any such mediation shall be shared equally by all parties
thereto. Any judgment on the award rendered by the mediator(s) may be entered in any court having jurisdiction thereof. During
any mediation related to the Agreement, the parties shall continue to perform their respective obligations under this Agreement.
The prevailing party in any enforcement of this Agreement shall be entitled to recover all costs and expenses of such enforcement,
including costs of litigation, and attorneys’ fees, costs, and expenses, at trial through appeal.

 

9.13 Indemnification; D&O Insurance.

 

(i) Company hereby agrees to indemnify
Executive and to defend and hold him harmless to the fullest extent permitted by law and under the by-laws of Company against and
in respect to any and all actions, suits, proceedings, claims, demands, judgments, costs, expenses (including reasonable attorney's
fees at all levels of proceedings), losses, and damages resulting from Executive's good faith performance of his duties and obligations
hereunder. This Section 9.13(i) shall survive the termination of this Agreement and Executive’s engagement hereunder.

 

(ii) Company shall purchase and maintain
insurance, at its expense, to protect itself and Executive while serving in such capacity to Company or on behalf of Company as
an officer or director or employee of any affiliate of Company.

 

9.14 Counterparts. This Agreement
may be executed in counterparts and by facsimile and/or e-mail .pdf, each of which shall constitute originals and all of which,
when taken together, shall constitute the same original instrument, legally binding all parties to this Agreement.

 

THIS SPACE INTENTIONALLY BLANK

 

SIGNATURES CONTINUED ON FOLLOWING PAGE

 

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With full power and authority and intedning to be legally bound,
the parties hereto have executed this Agreement as of the date first above written.

 

	 	COMPANY:
	 	 
	 	BurgerFi International, Inc.
	 	 	 
	 	By:	/s/ Ophir Sternberg
	 	 	Ophir Sternberg, Executive Chairman
	 	 	 
	 	EMPLOYEE:
	 	 
	 	/s/ Julio Ramirez
	 	Julio Ramirez
	 	 
	 	Address:

 

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EXHIBIT A

 

Key Performance Idicators (KPIs)

 

To be agreed upon by Executive and Company
as soon as possible

 

    A-1

     

    

 

EXHIBIT B

 

RESTRICTED STOCK GRANT AGREEMENT

 

To be provided by Company to Executive as
soon as possible

 

    A-2

     

    

 

EXHIBIT C

BURGERFI INTERNATIONAL, INC.

AGREEMENT REGARDING CONFIDENTIAL INFORMATION

AND

PROHIBITING COMPETITION

 

I, the undersigned employee of BurgerFi
International, Inc., a Delaware corporation (the "Company"), am entering into this Agreement in consideration
of my employment by the Company. The Company is in the business of operating gourmet fast food and quick service casual restaurants
focused on all-natural hamburgers, vegetarian burgers, hormone-free chicken, and other complementary food offerings (the "Company's
Business"). I hereby acknowledge that, in conjunction with the performance of my duties as an employee of the Company,
I will be exposed to, making use of, acquiring and adding to confidential information of a special and unique nature and value
affecting and relating to the Company and its financial operations, including, but not limited to: the Company's Business, the
identity of the Company's clients, the prices being charged by the Company to such clients, the Company's contracts, business records
and other records, the Company's trade secrets, customer lists, vendors and vendor lists, recipes, billing forms, methods, and
procedures, trade names, manuals, photographs, samples, literature, sales aids of every kind, software, advertising methods and
strategies, information regarding advertising locations, style and wording of all advertising, plans for expansion or marketing
strategies, and other similar information relating to the Company and the Company's Business (all the foregoing being hereinafter
referred to collectively as "Confidential Information"). I agree that the Confidential Information is a trade
secret of, and is owned solely by, the Company.

 

I acknowledge that the disclosure of Confidential
Information to competitors of the Company would cause the Company irreparable injury. Because I have been and will be exposed to
Confidential Information, the Company requires, as a condition to my employment with the Company, that I, the undersigned, execute
and deliver to the Company this legally binding agreement ("Agreement"), which is intended to protect the Company
from my unauthorized use of the Confidential Information and to prohibit the Company’s competitors from receiving the benefits
of my knowledge of the Company’s Business or the specialized training that the Company has provided or will provide to me.
This Agreement does not obligate the Company to employ or retain me for any specific length of time. Although the Company seeks
to retain valued employees and independent contractors, employment with the Company remains terminable by the Company "at
will."

 

I agree that all Confidential Information
is owned exclusively by the Company, that I may use the Confidential Information only when permitted by the Company and only for
the benefit of the Company, that at all times during and subsequent to my employment with the Company, I will not disclose any
Confidential Information to any other person or entity for any reason whatsoever, and that I will at all times take such actions
as shall be necessary to maintain the confidentiality of the Confidential Information and to prevent its unauthorized disclosure.

 

I agree that, upon the Company's demand,
whether verbal or written, I will promptly deliver as directed, without retaining copies, all materials and media in my possession
that contain Confidential Information or that relate to the Company’s Business. I agree that the fact that I had knowledge,
or that others may have had knowledge, of Confidential Information prior to the execution of this Agreement shall not in any way
limit or affect my obligations under this Agreement.

 

    A-3

     

    

 

I agree that all copyrightable, patentable
or unpatentable business information, and other proprietary information, inventions, techniques, know-how, materials and Confidential
Information created by me during my employment with the Company, together with all rights relating to said property, are the exclusive
property of the Company and its assigns. I further agree that this Agreement constitutes a "Work for Hire" with respect
to any copyrightable works created by me during my employment with the Company. I agree to execute all documents, including, but
not limited to, assignments of rights, that the Company may request to assist in establishing its ownership of such property.

 

During the term
of my employment with the Company, I will not directly or indirectly, in any location, operate, organize, maintain,
establish, manage, own, participate in, or in any manner whatsoever, individually or through any corporation, firm or
organization of which I shall be affiliated in any manner whatsoever, have any interest in, whether as owner, investor,
operator, partner, stockholder, director, trustee, officer, mortgagee, employee, independent contractor, principal, agent,
consultant or otherwise, any other business or venture which engages in the Company's Business, or is otherwise in
competition with Company or any assigns of the Company, unless such activity shall have been previously agreed to in writing
by Company and its successors and assigns (I acknowledge that the Company's Business is advertised and conducted throughout
the United States, and accordingly that this covenant against competition shall extend to the entire United States). Further,
during the term of my employment with the Company and for a period of two (2) years thereafter (the “Restricted
Period”), I will not: (i) directly or indirectly, divert from the Company or its successors or assigns any
proprietary product or service of Company, or cause any client or account of Company to cease using or acquiring
Company’s products or services; or (ii) directly or indirectly, solicit for employment, employ or otherwise engage the
services of, any employees, independent contractors, vendors, agents, or consultants of the Company or its successors or
assigns, provided, however, that nothing set forth herein shall limit Executive’s right to compete with Company and to
work for any competitor of Company after termination of this Agreement.

 

I acknowledge that I may be performing
services at one or more locations that are shared facilities with other entities that may be affiliates of the Company (“Affiliated
Entities”). The Affiliated Entities each have their own respective confidential information like that described as the
Company’s Confidential Information, and that the Affiliated Entities intend that such confidential information remain confidential
under agreements like this agreement. If I should be exposed to or learn of any such confidential information, I agree that it
is protected information that shall be owned by the Affiliated Entities in the same manner as the Confidential Information is owned
and protected by the Company. Further, I agree that in no event shall any such confidential information be used by me for the purpose
of competing with, or to solicit customers, employees, agents or independent contractors of, the Company or any Affiliated Entity.
The Affiliated Entities are intended third party beneficiaries for the purpose of enforcing the foregoing.

 

    A-4

     

    

 

I agree that if I breach or threaten to
breach this Agreement, the Company will be entitled to receive, in addition to all other remedies to which it may be entitled at
law or in equity, temporary and permanent injunctions prohibiting any breach of this Agreement by me, or by my partners, agents,
representatives, servants, employers, employees, independent contractors and all persons directly or indirectly acting for or with
me. In the event the Company obtains a temporary or permanent injunction, I agree that any such injunction shall compute the two
(2) year restriction from the date the injunction is entered. The Company shall also be entitled to receive from me reimbursement
of all its reasonable attorneys' and other legal fees and costs that it incurs in enforcing this Agreement, inclusive of all such
fees and costs incurred with respect to all negotiations, trial and appellate proceedings. This Agreement shall be interpreted
under the laws of the State of Florida, and the venue for any proceedings under this Agreement shall be Palm Beach County, Florida.
I hereby submit to the jurisdiction of any state or federal courts in Palm Beach County, Florida for purposes of the foregoing.
The terms of this Agreement shall survive the termination of my employment by the Company.

 

Any controversy or claim arising out of
or relating to this Agreement, or the breach thereof, shall be settled by a mediation administered by a mutually agreed upon mediator
and, except as set forth below, the cost of any such mediation shall be shared equally by all parties thereto. Any judgment on
the award rendered by the mediator(s) may be entered in any court having jurisdiction thereof. During any mediation related to
the Agreement, the parties shall continue to perform their respective obligations under this Agreement. The prevailing party in
any enforcement of this Agreement shall be entitled to recover all costs and expenses of such enforcement, including costs of litigation,
and attorneys’ fees, costs, and expenses, at trial through appeal.

 

I agree that the restrictions contained
in this Agreement are fair and reasonably necessary to protect the legitimate business interests of the Company, and will not unfairly
restrict my ability to find gainful work in my field. I also agree that if a court determines that any of the restrictions in this
Agreement are unenforceable, the court, in so establishing a substitute restriction, shall recognize that I agree that the restrictions
described above be imposed and maintained to the maximum lawful extent. I hereby certify that no representative or agent of the
Company has represented, expressly or otherwise, that the Company would not seek to enforce this Agreement. The provisions contained
herein shall be binding upon me as an independent obligation and shall be enforceable even if there is or is claimed to be a breach
of this Agreement or any other agreement, understanding, commitment or promise by the Company. The Company’s failure or refusal
to enforce any of the terms contained in this Agreement against any other employee or independent contractor or former employee
or independent contractor for any reason, shall not constitute a defense to the enforcement of this Agreement against me.

 

I agree that I will not at any time (during
or after my employment with the Company) disparage the reputation of the Company, or its customers, vendors, merchants, officers,
members, manager, directors, agents, employees or independent contractors.

 

    A-5

     

    

 

By executing this Agreement in the space
provided below I confirm that I have read, understand and agree to all the provisions of this Agreement and that I agree to be
legally bound by the terms of this Agreement. This Agreement is for the benefit of and may be enforced by the Company, its successors
and assigns.

 

	 	Agreed to this 16th Day of December, 2020
	 	 
	 	/s/ Julio Ramirez
	 	SIGNATURE
	 	 
	 	Julio Ramirez
	 	PRINT NAME
	 	 
	 	ADDRESS:
	 	 
	 	Phone:_________________________________
	 	Email:__________________________________

 

 

A-6Exhibit 10.13

 

CONSULTING AGREEMENT

 

This CONSULTING AGREEMENT (this “Agreement”),
effective as of December 16, 2020, is made by and between BurgerFi International, LLC, a Delaware limited liability company
(the “Company”), and Management Enterprises of Hollywood, Inc., a Florida corporation (“Consultant”).

 

BACKGROUND

 

WHEREAS, pursuant to that certain
Membership Interest Purchase Agreement (the “Purchase Agreement”), dated as of June 29, 2020, by and among
the Company, Opes Acquisition Corp., a Delaware corporation (“Purchaser”), the members of the Company (each,
a “Member” and collectively the “Members”), and BurgerFi Holdings, LLC, a Delaware limited
liability company, as the representative of the Members, Purchaser will acquire all of the ownership interest of the Company (the
“Transaction”); and

 

WHEREAS, Company desires Consultant
to provide consulting services in relation to Company’s business under the terms of this Agreement and Consultant is willing
to provide such services to Company and Company under the terms of this Agreement.

 

TERMS

 

NOW, THEREFORE, in consideration
of the foregoing premises and the promises and covenants set forth in this Agreement and intending to be legally bound hereby,
Company and Consultant agree as follows:

 

1. Consulting Services.

 

1.1. Services.
During the Term (as defined in Section 3.1), Consultant shall provide such advice and consulting services regarding the business
of the Company as Company may reasonably request from time to time (the “Consulting Services”). The Consulting
Services will include, but not be limited to, general business counsel and guidance, advice and consultation regarding the operations,
real estate site criteria and selection process, franchising and prospects of the business of Company, information and guidance
regarding Company’s personnel, customers and customer opportunities, and counsel and guidance regarding the transition associated
with the acquisition of Company by Opes Acquisition Corp., a Delaware corporation. Consultant shall report to the Chief Executive
Officer of Company in connection with the Consulting Services.

 

1.2. Performance
of Services.

 

		(a)	Consultant shall render the Consulting Services at
such times and locations and using such methods and processes as Consultant shall deem appropriate to perform the Consulting Services
contemplated by and consistent with the terms of this Agreement. In determining the time, location, methods and processes, Consultant
shall take into consideration the Consulting Services to be provided, the availability and location of Company personnel with
whom Consultant will primarily interact and the scope of the Services.

 

     

     

    

 

		(b)	Consultant agrees to perform
the Consultant Services in a timely and professional manner.

 

		(c)	Company shall provide such access to its information
and property as may be reasonably required in order to permit Consultant to perform the Consulting Services.

 

		(d)	Consultant shall not use in the performance of the
Consulting Service, or otherwise disclose to Company or Company, any trade secrets or proprietary information of any other person.

 

1.3. Independent
Contractor. Consultant and Company intend for Consultant to be considered an independent contractor of Company and Company
for all purposes and not an employee of Company or of Company. Neither Company nor Company shall have any obligation to provide
any employment-related benefits to Consultant.

 

1.4. No
Conflict. Consultant represents and warrants to Company and Company that he (i) is not, and will not become, a party
to any non-competition covenant, non-disclosure agreement or other agreement, covenant, understanding or restriction that would
prohibit Consultant from executing this Agreement or interfere with Consultant performing fully his duties and responsibilities
under this Agreement, and (ii) can perform his obligations under this Agreement without disclosing or using any confidential or
proprietary information of any third party.

 

2. Compensation.

 

2.1. In
consideration for Consultant’s performance of the Consulting Services, Company shall pay Consultant a retainer in the amount
of $500,000 (the “Retainer”). The Retainer shall be payable in one lump sum at the Closing of the Transaction.

 

2.2. Consultant
shall be solely responsible for the payment of all taxes or contributions imposed or required by the tax laws of any jurisdiction
that pertain to the amounts paid to Consultant under this Agreement.

 

3. Term and Termination.

 

3.1. The term (“Term”)
of this Agreement shall commence on December 16, 2020 and end on December 31, 2020.

 

3.2. Effect
of Termination. Termination or expiration of this Agreement shall not be deemed to be a waiver of any claims arising from activities
occurring prior to termination or expiration.

 

3.3. Non-Exclusive
Engagement. The Company may from time to time (i) engage other persons and entities to act as consultants to Company and
perform services for Company, including services that are similar to the Consulting Services, and (ii) enter into agreements
similar to this Agreement with other persons or entities, in all cases without the necessity of obtaining approval from
Consultant. Consultant may from time to time (i) perform services for other businesses that are similar to the Consulting
Services, and (ii) enter into agreements similar to this Agreement with other persons or entities, in all cases without the
necessity of obtaining approval from the Company.

 

    2

     

    

 

4. Governing
Law. This Agreement shall be governed by and interpreted under the laws of the State of Florida without reference to the conflicts
of law principles of any jurisdiction.

 

5. Notices. All notices and
other communications under this Agreement or in connection with this Agreement shall be in writing and shall be deemed to
have been given and received upon the earliest of (a) actual receipt by the intended recipient, (b) one (1) business day
after deposit of the notice with a nationally-recognized overnight delivery service, properly addressed and charges prepaid
or (c) upon transmission if sent by electronic mail to the proper electronic mail address if to Company or the Company
(following the Closing), to:

 

If the Company:

4218 NE 2nd Avenue

2nd Floor

Miami, Florida 33137

 

If to Consultant:

105 U.S. Highway One

North Palm Beach, FL 33408

 

or to such other names, addresses and/or
email addresses as Company, Company or Consultant, as the case may be, shall designate by notice to the other person in the manner
specified in this Section 5.

 

6. Severability.
The provisions of this Agreement are severable, and if any provision or portion thereof is held to be invalid or unenforceable
for any reason, such provision or portion thereof shall be modified or adjusted by a court or other tribunal exercising its equitable
powers to the extent necessary to cure such invalidity or unenforceability, and all other covenants and provisions shall remain
valid and enforceable.

 

7. Assignment;
Benefit. This Agreement is for the personal services of Consultant. Neither party may assign this Agreement without the prior
written consent of the other party.

 

8. Miscellaneous. This
Agreement, including the Confidentiality Agreement (a) constitutes the final, exclusive and fully integrated agreement
between the Company and Consultant with respect to its subject matter and supersedes any prior and contemporaneous agreements
and understandings between the Company and Consultant relating to the subject matter of this Agreement; (b) may be modified
only in a writing duly executed by the party against whom enforcement is sought; and (c) shall be binding upon and inure to
the benefit of and be enforceable by the respective successors and permitted assigns of the parties to this Agreement. This
Agreement may be executed in counterparts, each of which shall be an original and when taken together, shall be one and the
same document. Execution of this Agreement by a party may be evidenced through delivery of such party’s signature to
the other party by facsimile or electronic transmission in addition to any method providing for the delivery of notice under
Section 5. The headings of the Sections of this Agreement are for convenience of reference only.

 

    3

     

    

 

IN WITNESS WHEREOF, the undersigned have executed this Consulting
Agreement effective as of the date set forth above.

 

	 	BurgerFi International, LLC
	 	 	 	 
	 	By:	/s/ Bryan McGuire
	 	 	Name:	Bryan McGuire
	 	 	Title:	CFO
	 	 	 	 
	 	Management Enterprises of Hollywood, Inc.
	 	 	 	 
	 	By:	/s/ John Rosatti
	 	 	Name:	John Rosatti
	 	 	Title:	President

 

 

4

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