Document:

Exhibit 10.6

 

EMPLOYMENT AGREEMENT

 

This Employment Agreement, together
with the Restrictive Covenants and Employee Handbook attached as Exhibit "B" hereto, forms the terms and conditions of
your employment with Esportsbook Technologies Ltd. (a wholly owned subsidiary of Esports Technologies, Inc., a Nevada corporation)
("Company").

 

 

 

Employee: James Purcell

 

Your employment effective date shall be March 18th 2021 and
is effective on that date.

 

JOB TITLE

 

You are employed as Chief Financial Officer
("CFO") of Esports Technologies Inc. and will report directly to the Board of Directors of the Company who will advise
you of your duties. Your duties may be modified from time to time to suit the needs of the business.

 

You will be required to attend all meetings
that you are invited to of the Board of Directors of the Company.

 

APPLICABLE LAW

 

The terms and conditions of your employment shall be governed
under the laws applicable to the Republic of Ireland.

 

PLACE OF WORK

 

Your normal place of employment will be
working from your home office at 128b Kimmage Road Lower Harold's Cross Dublin D6WNY24. However, you also agree to work at any
Company place of business on a temporary or permanent basis as the Company or the Company may reasonably require. You will also
be prepared to undertake any reasonable travel on business which is deemed necessary by the Company or the Company.

 

As this is a homeworking arrangement you
agree to complete a self-certification risk assessment confirmation in respect of the suitability of your home as a workplace and
to comply with the Company's policy on homeworking. You further agree to notify your home insurance provider that you will be working
from home and to make the necessary amendments to your insurance policy to ensure that the Company is indemnified against any claims
in respect of your homeworking arrangement including but not limited to personal injuries.

 

However, the Company reserves the right
and by signing this agreement you hereby agree to carry out your work, either on a temporary or permanent basis, at such location
as. the Company may reasonably require from time to time.

 

The Company reserves the right to change
the place of your employment, in which event you will be given reasonable notice.

 

HOURS OF WORK

 

Your normal hours of work are 8 per day,
40 per week, 10.00 a.m. to 6.00 p.m. Monday to Friday. You will receive appropriate unpaid rest breaks depending on the length
of your shift and in accordance with the Organisation of Working Time Act 1997.

 

From time to time, you may be required
to travel and/or work such additional time outside normal core hours as may be required to complete your responsibilities without
additional remuneration, holidays or leave.

 

 

 

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MINIMUM REST PERIODS

 

As part of your employment, and in accordance with the
Organisation of Working Time Act, if you work more than 4.5 hours you will be entitled to a 15 minute unpaid rest break each
day. If you work for more than six hours you will be entitled to a 30 minute unpaid rest break each day (which may be
inclusive of the previous 15 minute break). As part of your employment you will also be entitled to a daily rest period of 11
consecutive hours in a 24 hour period and a weekly rest period of 24 consecutive hours per seven days, following a daily rest
period. Should you fail to receive your breaks or rest periods you should notify the Board of Directors in writing, within
one week and they will seek to ensure you are afforded this as soon as possible. Breaks over and above Minimum entitlements
are specified in the 'Hours of Work' section.

 

REMUNERATION

 

Your salary is currently €180,000
per annum payable monthly by credit transfer as detailed on your pay statement. Your salary is subject to deduction of tax, USC,
PRSI and any other deductions required by law or provided for under this agreement In accordance with section 23 of the National
Minimum Wage Act, 2000, you may request a written statement of your average hourly rate of pay for any pay reference period falling
within the previous 12 months. For the purposes of the National Minimum Wage Act, the pay reference period is a calendar month.

 

You are not entitled to payment for additional hours as this
is reflected in your current salary. The Company will ensure at all times that its obligations under National Minimum Age regulations
are met

 

BENEFITS

 

Your salary amount includes a €1,000 per month health care
and benefit stipend, which will be paid as an addition to your monthly salary payments. The company has complete discretion to
manage and adjust these amounts based on internal or external factors. This stipend will no longer be made, if the company provides
adequate health care and benefits package to their employees.

 

	1.	 	Option Grant. On the Effective Date, Employee will be entitled to receive an option grant (the
"Option Grant") to purchase 280,000 shares of Company restricted common stock at an exercise price of $2.00 per share.
The Option Grant shall have a term of seven years and shall vest (provided Employee remains continuously employed by Company on
and does not resign prior to each such vesting) as follows: (i) 280,000 shares underlying the Option Grant shall vest in four (4)
equal instalments of 70,000 shares on each of the succeeding four anniversary dates of the Effective Date hereof,

 

		a.	The Option Grant shall be made pursuant to the eSports Technologies, Inc. 2020 Stock Plan, and
shall in all respects be subject to the terms and conditions of such plan. The share restrictions are outlined in Exhibit A attached
hereto.

 

		b.	Annual Option Grant. For each compensation year during the Term and commencing with the 2022 compensation
year, Employee will be entitled to receive an annual option grant (the "Annual Grant"), payable with respect to each
compensation year of the Term. The final determination on the amount, if any, of the Annual Grant will be made by, and in the sole
discretion of the Compensation Committee (or the Board, if such committee has been dissolved), based on goals and objectives approved
by the Compensation Committee of the Board (or the Board, if such committee has been dissolved). The Annual Grant shall vest in
four (4) equal installments on each of the succeeding four anniversary dates of the date of grant, provided Employee remains continuously
employed by Company through each such vesting date.

 

	2.	Bonus Compensation:

 

		a.	€45,000 cash signing bonus ("Signing Bonus') upon the listing of the Company's common stock on a public stock
exchange ("IPO") shall be paid to Employee on the first day of trading.

 

 

 

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		b.	You are also be eligible to participate in any future bonus plan (the "Bonus Plan") that
the Company offers generally to either the executive team or all employees. Any future bonus scheme is subject to such conditions
(including but not limited to, conditions for and timing of payment) as the Company and/or Company may in its absolute discretion
determine. The terms of the Bonus Plan will be communicated by the Company's Board of Directors (or the Compensation Committee
of the Board of Directors). The Company and/or Company reserve the right to amend the terms of the
Bonus Plan at its absolute discretion.

 

		c.	You are eligible to participate in any company recruiting bonus or referral bonus programs,as deemed relevant by Company management and approved by the Board of Directors or a the Compensation Committee of the Board of
Directors.

 

The terms of your employment shall not
be affected in any way by your participation or entitlement to participate in any long-term incentive plan or share option scheme.
Except for the above, such schemes and/or plans shall not form part of the terms of your employment (express or implied). In calculating
any payment, compensation or damages on the termination of your employment for whatever reason (whether lawful or unlawful) which
might otherwise be payable to you, no account shall be taken of your participation in any such schemes and/or plans or any impact
upon participation such termination may have. The Company reserves the right to withdraw or vary any such plans or schemes at its
absolute discretion and your participation in any such schemes or plans is a privilege rather than a contractual entitlement.

 

ANNUAL HOLIDAYS

 

Your holiday year begins on 1st January
and ends on 31st December each year. If you work for at least 1365 hours during the holiday year you will receive a paid holiday
entitlement of four (4) of your working weeks during the complete holiday year. Alternatively you will receive a paid holiday entitlement
of 8% of the total hours worked in the leave year, subject to a maximum of four of your working weeks. You must remain in employment
with the Company for the complete holiday year to avail of the full entitlement. For part years of service your entitlement will
be calculated as 1/52nd of the annual entitlement for each completed week of service during that holiday year.

 

Conditions relating to the taking of annual
holidays are shown in the Employee Handbook to which you should refer.

 

PUBLIC HOLIDAYS

 

In addition to the annual holiday entitlement you are allowed
the following public/bank holidays each year with pay or alternative days as decided by us:-

 

	New Year's Day

                                            St Patrick's Day

                                            Easter Monday

                                            The first Monday in May

                                            The first Monday in June
	
        The first Monday in August

The last Monday in October

Christmas Day

        St Stephen's Day

         

 

For full time workers there is no service requirement in respect
of benefits for Public Holiday entitlements, for part time workers you must have worked 40 hours in the preceding five weeks to
the Public Holiday to benefit from the Public Holiday entitlement If you are not required to work on one of the above days, and
it is a day you do not normally work, you will receive one fifth of your last normal weekly wage for that day. In the event of
you working on one of the above days, in addition to basic pay for the hours worked, you will either be paid an additional days
pay calculated on the basis of the number of hours worked on your last working day before the Public Holiday or you will receive
the appropriate time off in lieu, at our discretion. The date when time off in lieu is taken must be mutually agreed with us.

 

JOB FLEXIBILITY

 

It is an express condition of employment
that you are prepared, whenever necessary, to transfer to any alternative departments or duties either on a temporary or permanent
basis within our business. This flexibility is essential as the type and volume of work is always subject to change, and it allows
us to operate efficiently and gain maximum potential from our work force. This may also include performing services for and on
behalf of one or more of the Company's affiliated entities.

 

 

 

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SICKNESS PAY AND CONDITIONS

There is no contractual sickness/injury payments scheme in
addition to state benefit In case of sickness or other incapacity for work, you must comply with the Company's policy from
time to time in force, regarding notification and medical certification. Failure to do so may result in disciplinary action
and/or termination of sick pay (if applicable).

 

The Company reserves the right to have you medically examined
by a doctor and/or medical consultant at any time during employment By signing this Agreement you agree that any information or
report arising from such examination shall be disdosed to the Company and that the Company is entitled to make relevant determinations
based on the advice of its nominated doctor and/or consultant

 

Failure to attend at a medical examination when requested to
do so may result in disciplinary action and/or termination of sick pay (if applicable).

 

The Company will be issuing an Employee Handbook, and Employee
agrees to those policies will be part

of his agreement with the Company so long as they do not contradict the terms set forth in this Agreement.

 

NOTICE OF TERMINATION TO BE GIVEN BY EMPLOYER

Under 13 weeks of service by Employee hereunder— 14 Days
notice is required

13 weeks but less than 2 years' service — 30 days

2 years but less than 3 years' service — 60 days

3 years but less than 5 years' service — 90 Days

5 years but less than 10 years' service — 90 Days

10 years but less than 15 years' service — 90 Days

15 years' service or more — 90 Days

 

NOTICE OF TERMINATION TO BE GIVEN BY EMPLOYEE

Under 13 weeks service -

13 weeks service or more - 4 weeks.

 

We reserve the contractual right to give pay in lieu of all
or any part of the above notice by either party.

 

In the event of notice by either party,
the Company may request you to take "garden leave" and not to attend for work or perform duties during all or part of
the notice period. During that time you will continue to be employed by the Company and continue to owe duties of fidelity and
good faith to the Company, but you will no longer continue to vest into any shares pursuant to any agreements with the Company.
You will remain bound by the terms of this Agreement and shall not be entitled to enter into any other employment

 

TRAINING AGREEMENT

As part of your employment, you may receive
training from external providers from to time. Should your employment with the Company end within one year of receiving such training
you may be required to repay the Company a portion of the cost of providing such training. Further details are provided for in
the Training Agreement

 

 

 

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NON — DISPARAGEMENT

You acknowledge that the Company and
each affiliated entity would be irreparably damaged if you were to take actions that would damage or misappropriate the
goodwill of the Company and/or the affiliated entity. Accordingly, you agree commencing after the Term of Employment not to
take any actions or to make, publish or endorse any statements or communications to any third party (whether verbal or in
writing) that (i) disparage, defame, ridicule, criticize, or are derogatory or otherwise reflect adversely upon, the Company
and/or each affiliated entity, and their respective businesses, services, products (including, without limitation, shows and
other media content produced and/or distributed by the Company and/or each affiliated entity, and the host talent and guests
related to such shows and content), managers, directors, members, contractors or employees (in their capacity as such);
and/or (ii) could reasonably be expected to cause injury to the relationships between the Company and/or each affiliated
entity and their respective customers, subscribers, vendors, advertisers, suppliers, distributors, employees, contractors,
consultants or other business associates. The limitations in this paragraph apply to any and all statements and
communications, including, but not limited to, any statements and communications made via websites, blogs, and postings to
the Internet, or e-mail messages, whether or not they are made anonymously or through the use of a pseudonym. However, the
limitations in this paragraph do not apply to truthful statements made in connection with the legal process, governmental
testimony or filings, or administrative or arbitral proceedings (including, without limitation, depositions in connection
with such proceedings), or in connection with statutorily privileged statements made to governmental or law enforcement
agencies relating to rights protected under Irish law; provided that when possible, any public records or filings in
connection with such legal process, governmental testimony, filings, administrative or arbitral proceedings, and statements
made to governmental agencies in connection therewith, shall be made on a sealed or other confidential basis and made subject
to a protective order. For the avoidance of doubt, nothing in this Agreement shall prevent you from making a protected
disclosure under the Protected Disclosures Act 2014.

 

PERSONAL RETIREMENT SAVINGS ACCOUNT (PRSA)

There is a personal retirement savings account (PRSA) scheme
applicable to your employment, details of which are available separately. The Company does not contribute to PRSA.

 

RESTRICTIVE COVENANTS

You confirm that you have read, understood and agree to the
terms and conditions of the Restrictive Covenants Agreement which has been provided to you separately.

 

You further confirm that any breach by
you of the provisions of the Restrictive Covenants Agreement will be regarded by the Company as a serious disciplinary matter and
may, if committed while you are employed by the Company, result in disciplinary actions being taken against you up to and including
dismissal without notice.

 

INTELLECTUAL PROPERTY

You confirm that you have read, understood and agree to the
terms and conditions of the Restrictive Covenants Agreement which has been provided to you separately.

 

You further confirm that any breach by
you of the provisions of the Restrictive Covenants Agreement will be regarded by the Company as a serious disciplinary matter and
may, if committed while you are employed by the Company, result in disciplinary actions being taken against you up to and including
dismissal without notice.

 

DATA PROTECTION

Details of how and why the Company processes
your personal data are contained in the Company's Data Protection Policy and Privacy Notice. You will be asked to acknowledge receipt
of the Data Protection and Privacy Notice.

 

The Company also has a Data Protection
Policy which is applicable to all employees. For further information on data protection procedures and processes please refer to
the Data Protection Policy.

 

 

 

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The Company reserves the right to change,
replace or withdraw its Data Protection Policy at any time and you are required to comply with all policies and procedures in force
from time to time. Failure to comply with the Data Protection Policy may lead to disciplinary action, up to and including dismissal.

 

RETIREMENT AGE

The normal retirement age in our Company is in line with State
Pension Age.

 

SAFETY

We take our obligations regarding the safety, health and
welfare of our employees seriously and in this regard your attention is drawn to our Safety Statement which is available on
the premises.

 

DEDUCTIONS FROM PAY

For the purpose of the Payment of Wages Act 1991, as amended,
the Company shall be entitled to deduct from your salary or other payments due to you any sums which you may owe to the Company
at any time (including but not limited to overpayment of wages, holiday pay, expenses, or sick pay, if applicable).

 

You confirm that you have read, understood
and agree to the policies in relation to deductions from pay, and agree that the Company may make deductions in line with the procedures
set out in the Employee Handbook and the Deductions from Pay Agreement.

 

MISCELLANEOUS

Unless the context otherwise requires, words denoting the singular
include the plural and words denoting the masculine include the feminine and vice versa.

 

No failure or delay by the Company in exercising
any remedy, right, power of privilege under or in relation to this agreement or at law shall operate as a waiver of the same nor
shall any single or partial exercise of any remedy, right, power or privilege preclude any further exercise of the same or the
exercise of any other remedy, right, power or privilege.

 

This agreement contains the entire agreement
between the parties. All previous agreements, understandings, assurances, statements, promises, warranties, representations or
misrepresentations (whether written or oral) between the parties are superseded by this agreement.

 

If any provision of the agreement should
be declared void or unenforceable by a court of administrative body of competent jurisdiction, the validity of the remaining provisions
shall not be affected.

 

The information contained in this agreement
constitutes a written statement of particulars of your employment with the Company in accordance with the requirements of section
3 of the Terms of Employment (Information) Act 1994 to 2014.

 

AMENDMENTS TO TERMS AND CONDITIONS OF EMPLOYMENT

The Company reserves the right to make reasonable amendments
to your terms and conditions of employment and upon reasonable notice should such notice be required under local law..

 

I hereby verify that through signing this
statement of main terms of employment I have read, understood and accept all terms and conditions in relation to my employment
with Company.

 

 

 

    	 	6Exhibit 10.7

 

DOMAIN PURCHASE AGREEMENT

 

This DOMAIN PURCHASE AGREEMENT (the “Agreement”)
is made and entered into as of September 1, 2020, by and between, Dover Hill, LLC, a Wyoming corporation (the “Seller”)
and ESEG Limited, a Belize corporation (the “Purchaser”). Purchaser and Seller are collectively referred
to herein as the “Parties” and each individually as a “Party.”

 

RECITALS

 

A.            The Purchaser desires to acquire the Purchased Assets (as defined below), on the terms and subject to the conditions specified
in this Agreement.

 

B.             The
Seller desires to sell and convey all of its rights, title and interest the Purchased Assets to the Purchaser, on the terms and
subject to the conditions specified in this Agreement.

 

NOW THEREFORE, in consideration of the mutual
covenants, terms and conditions contained herein, and for other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Parties hereby agree to the foregoing and as follows:

 

	1.	Purchase and Sale of Assets

 

1.1.       Purchase
of Assets. On the terms and subject to the conditions contained in this Agreement, at the Closing (as defined below),
Purchaser shall purchase from Seller, and Seller shall sell, convey, assign, transfer and deliver to Purchaser, all rights, title
and interest of Seller to the domains (the “Domains”) and any completed websites of Seller as specified on Exhibit
A (the “Websites”), including, any and all associated software used in building the Websites and Website
users lists and Website databases containing any Website user or Website information, name registrations, any goodwill symbolized
thereby, all rights to sue for past infringement, if any, and to receive any recoveries therefore and all data, programming code,
user or customer lists, moderator contact information and all other information as it directly pertains to the operation of the
Websites (collectively, the “Purchased Assets”), free and clear of any lien, encumbrance, pledge, hypothecation,
charge, mortgage, security interest, or restriction of any nature (“Encumbrances”).

 

1.2       Agreements
Relating to Transfer of Purchased Assets. Within 60 days after Closing, Seller shall cause to be provided to Purchaser
all materials and information that are or were used in the Purchased Assets, and shall take all other steps reasonably required
to enable Purchaser to obtain possession of, and to exploit, the Purchased Assets.

 

1.3       Assumption
of Liabilities. Purchaser shall not assume any liabilities of Seller (whether or not related to the Purchased Assets)
or otherwise relating to any of the Purchased Assets, including: (i) any tax liabilities of Seller relating to the time period
prior to the Closing Date (as defined below); (ii) any liabilities of Seller relating to accounts payable, indebtedness, legal
services, accounting services, financial advisory services, investment banking services or other professional services performed
in connection with the sale of the Purchased Assets; and (iii) any wages, salaries, redundancy, notice, severance payments or other
liabilities relating to any employee of Seller prior to the Closing Date.

 

	2.	Purchase Price; Additional Payment; Seller Repurchase Right.

 

2.1.        Purchase Price. The purchase price
for the Purchased Assets shall consist of the following:

 

(a)         The
issuance by Purchaser to Seller of a unsecured convertible promissory note in principal amount of $700,000.00 convertible into
shares of Purchaser at a conversion rate of $0.50 per share in the form attached as Exhibit B (the “Note”);
and

 

(b)         The
issuance by Purchaser to Seller of a five-year warrant to purchase 745,000 Company shares at an exercise price of $0.30 per
share in the form attached as Exhibit C (the “Warrant” and collectively, the Note and
Warrant shall be referred to as the “Purchase Price.”). Upon issuance of the Note and Warrant the full
consideration for the Purchased Assets will be deemed to have been satisfied.

 

 

 

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2.2.        Additional Payment.
On or before the five-year anniversary of the date hereof, the Purchaser agrees to make a cash payment to Seller of $300,000(the
“Additional Payment”).

 

2.3. Seller Repurchase Right.
The Seller will have the right to repurchase the Purchased Assets from the Purchase on the following dates:

 

(a)         On
the one-year anniversary of the date hereof, if the Purchaser (or any successor entities of Purchaser) have not raised, in one
or more offerings of debt or equity, financing in the aggregate amount of $5.0 million, then the Purchased Assets will return
to the Seller in exchange for cancelling or forfeiting the Note and Warrant. Seller shall have the sole right to waive this provision.
Such right must be waived within 10 days of the one-year anniversary of the date hereof; and

 

(b)          On the five-year anniversary of the date hereof, if the Additional Payment is not paid to Seller within 10 business days
of Purchaser receiving written notice from Seller that such payment has not been made, then the Seller shall have the right to
repurchase the Purchased Assetsfor agreeing to forfeit its right to the Additional Payment. Such right must be exercised within
10 business days of the foregoing deadline for payment of the Additional Payment.

 

3.              Closing.
Subject to the terms and conditions of this Agreement, the closing of the transactions contemplated by this Agreement (the
“Closing”) shall take place following the execution of this Agreement and the other agreements at the offices
of Purchaser (the latest date of the issuance of the Note and Warrant, the “Closing Date”), and such Closing
may be effected electronically. At the Closing, the following shall occur:

 

3.1        Seller shall deliver, convey and
transfer to Purchaser possession of the Purchased Assets, including, but not limited to, all of the domain names on Exhibit A
through transfer via Godaddy.com, Network Solutions or a similar domain registration
service, and Purchaser shall review and verify the Purchased Assets are properly accounted for; and

 

3.2        Purchaser shall deliver the Note and Warrant to Seller.

 

4.              Seller’s Representations and Warranties. Seller hereby represents and warrants to Purchaser that:

 

4.1         Organization and Corporate Power.
Seller is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Wyoming.
Seller is qualified to do business in every jurisdiction in which such qualification is necessary, except where the failure to
so qualify has not had or would not reasonably be expected to have a material adverse effect on Seller or any of the Purchased
Assets. Seller has all necessary power and authority to own, lease and operate the Purchased Assets as now being conducted. Seller
is not in default under or in violation of any provision of its certificate of incorporation or bylaws.

 

4.2        Authorization of
Transactions. Seller has full corporate power and authority to execute and deliver this Agreement and to
consummate the transactions contemplated hereby. This Agreement has been duly authorized, executed and delivered by Seller
and constitutes the valid and binding agreement of Seller, enforceable against Seller in accordance with its terms, except as
such enforcement may be limited by application of equitable remedies and principles and by insolvency, moratorium,
bankruptcy, and similar laws.

 

4.3        Absence
of Conflicts. Neither the execution, delivery or performance of this Agreement nor the consummation and performance of
the transactions contemplated by the Agreement will: (i) result in the imposition or creation of any Encumbrances upon any of
the Purchased Assets (ii) result in a violation of any applicable law or any provisions of any of the organizational documents
of the Seller; (iii) result in a breach of any contract to which the Seller is a party; or (iv) result in a violation of any judgment,
order or decree to which the Seller or the Purchased Assets are subject.

 

 

 

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4.4        Title to Properties. Seller owns
and has good and valid title to all of the Purchased Assets free and clear of any Encumbrances and the imperfections of title
and the Encumbrances, if any, do not detract from the value or interfere with the use of the Purchased Assets.

 

4.5        Intellectual Property. Seller has no
knowledge of any claim or reason to believe that it is or may be infringing or otherwise acting adversely to the rights of any
person under or in respect of any patent, trademark, service mark, trade name, copyright, license or other similar intangible right.
Seller is not obligated or under any liability whatsoever to make any payments by way of royalties, fees or otherwise to any owner
or licensee of or other claimant to any patent, trademark, trade name, copyright or other intangible asset with respect to the
use thereof or in connection with the conduct of its business or otherwise.

 

4.6         Consents. No consent, waiver, approval,
order or authorization of, or registration, declaration or filing with any governmental body or any person, including a party to
any agreement with Seller, are required by or with respect to Seller in connection with the execution and delivery of this Agreement
or the consummation of the transactions contemplated by this Agreement.

 

4.7        Compliance with Laws. Seller: (a) has
complied with each, (b) is not in violation of any, (c) has not received at any time any notice or other communication regarding
any actual or alleged violation of or failure to comply with any, and (d) has not received any notices or other communication that
any event has occurred or any condition or circumstance exists that might (with or without notice or lapse of time) constitute
a violation of any legal requirement that is applicable to Seller concerning ownership of Seller of the Purchased Assets.

 

4.8       Tax Matters. Seller has filed all federal,
state, county, local and foreign tax returns that are required to be filed for the Purchased Assets or has timely requested extension
thereof and has paid all taxes, including sales and withholding taxes, penalties and interest, assessments, fees and other charges
relating to the Purchased Assets to the extent that the same have become due and payable.

 

4.9        Litigation.
There are no actions, suits, proceedings, orders or claims pending or threatened against Seller, or pending or threatened by
Seller against any third party which relate to, or in any way affect, the Purchased Assets.

 

4.10       Solvency.
Seller has not made a general assignment for the benefit of creditors or filed any bankruptcy petition or similar filing
or suffered the attachment or judicial seizure of any of the Purchased Assets.

 

4.11       Investment Representations.

 

(a)         The
Seller confirms that it has been given sufficient access to information regarding the Purchaser and in connection with its decision
to receive the Note and Warrant, as consideration under this Agreement, including the opportunity to ask questions of, and receive
answers from, persons acting on behalf of Company and concerning the Purchaser’s financial affairs, prospects and condition.
The Seller has received and carefully reviewed the information and documentation relating to the Purchaser.

 

(b)         The Seller represents and warrants that (i) it is resident in or otherwise subject to the securities legislation of the
United States, and the issuance of the Note and Warrant to Seller has occurred only in the United States; and (ii) the Seller is
an “accredited investor” as defined in Rule 501(a) under the Shares Act, or if not a accredited investor, Seller has
such knowledge and experience in financial and business matters as to make it capable of evaluating the risks of the prospective
investment and to make an informed investment decision.

 

(c)         The
Seller represents, warrants and covenants that it shall acquire the Note and Warrant (and all underlying securities) issuable
under this Agreement for its own account and not for the account or on behalf of others, and it is doing so with the intent of
retaining such securities as an investment and without the current intent to redistribute such securities.

 

(d)         The
Seller acknowledges that: (i) no securities commission or similar authority has reviewed or passed on the merits of the Note and
Warrant (and all underlying securities) issuable pursuant to the Agreement; (ii) there is no government or other insurance covering
such securities; and (iii) there are substantial risks associated with the acquisition of the securities.

 

 

 

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(e)         The
Seller acknowledges that, except as specifically set forth elsewhere herein, (i) it must and shall bear the economic risk of holding
the Note and Warrant (and all underlying securities), which may be for an indefinite period of time, because at the time such
securities are issued they are “restricted securities” and will not have been registered under the Securities Act
of 1933, as amended (the “Securities Act”), or any other securities law and, therefore, cannot be sold unless
they are subsequently registered under applicable federal and state securities laws or an exemption from such registration is
available; (ii) the Note and Warrant (and all underlying securities) may be resold or transferred on the official stock transfer
records of Company only if such sale or transfer of such securities will not violate the registration provisions of applicable
federal and state securities laws; and (iii) agreements and/or certificates representing the securities shall have endorsed on
them a restrictive legend to this effect.

 

(f)          The Seller will not sell or otherwise transfer any of the Note and Warrant (and all underlying securities), or any interest
therein, unless and until (i) said securities shall have first been registered under the Securities Act and/or all applicable state
securities laws; or (ii) the Seller shall have first delivered to the Purchaser a written opinion of counsel (which counsel and
opinion (in form and substance) shall be reasonably satisfactory to the Purchaser), to the effect that the proposed sale or transfer
is exempt from the registration provisions of the Securities Act and all applicable state securities laws.

 

(e)        The
Seller acknowledges that Purchaser is relying on the representations, warranties, covenants and acknowledgments in this section
to ensure that the Note and Warrant issued under the terms of this Agreement can be issued in reliance on exemptions from registration
requirements under United States federal and state securities laws.

 

4.12       Representations
Complete. None of the representations or warranties made by Seller concerning or relating to the Purchased Assets and none
of the statements made in any exhibit, schedule or certificate furnished by Seller concerning or relating to the Purchased Assets
pursuant to this Agreement contains, or will contain at the Closing Date, any untrue statement of a material fact, or omits or
will omit to state any material fact necessary in order to make the statements contained herein or therein, in the light of the
circumstances under which made, not misleading.

 

4.13       No
Other Representations. Except as expressly set forth in this Agreement, Seller makes no other representation or
warranty (express, implied or statutory), at law or in equity, with respect to the Purchased Assets, including, but limited to,
any representation or warranty of merchantability or fitness for any particular use, all of which such representations and warranties
are disclaimed by Seller and waived by Purchaser. Except as set forth in this Agreement, Purchaser is purchasing the Purchased
Assets “as-is” and “where-is.”

 

5.             Purchaser’s
Representations and Warranties. Purchaser hereby represents and warrants to Seller that:

 

5.1       Organization.
Purchaser is duly organized, validly existing and in good standing under the laws of Belize.

 

5.2       Authorization
of Transactions. Purchaser has full corporate power and authority to execute and deliver this Agreement and to consummate
the transactions contemplated hereby. This Agreement has been duly authorized, executed and delivered by Purchaser and constitutes
the valid and binding agreement of Purchaser, enforceable against Purchaser in accordance with its terms, except as such enforcement
may be limited by application of equitable remedies and principles and by insolvency, moratorium, bankruptcy, and similar laws.

 

5.3       Absence
of Conflicts. The execution, delivery and performance of this Agreement and the consummation of the
transactions contemplated hereby by Purchaser do not and shall not conflict with, constitute a default under, result in a
violation of, or require any authorization, consent, approval, exemption or other action by or notice or declaration to, or
filing with, any court or administrative or other governmental body or agency, under (i) the provisions of the articles of
organization or bylaws of Purchaser, (ii) any law, statute, rule or regulation to which Purchaser is subject or (iii) any
judgment, order or decree to which Purchaser is subject.

 

5.4         Valid Issuance of Securities.
The Note and Warrant constituting the Purchase Price for the Purchased Assets shall, when issued, sold and delivered in accordance
with the terms of this Agreement, be duly and validly issued, fully paid, and non-assessable, and will only be subject any restrictions
on transfer under applicable state and federal securities laws. Purchaser has reserved for issuance a sufficient number of authorized
shares to complete the transactions contemplated by this Agreement.

 

 

 

    	 	4	 

     

    

 

5.7         Representations Complete. None of the
representations or warranties made by Purchaser concerning or relating to the Purchased Assets and none of the statements made
in any exhibit, schedule or certificate furnished by Purchaser concerning or relating to the Purchased Assets pursuant to this
Agreement contains, or will contain at the Closing Date, any untrue statement of a material fact, or omits or will omit to state
any material fact necessary in order to make the statements contained herein or therein, in the light of the circumstances under
which made, not misleading.

 

6.             Seller’s Conditions to Closing. The obligations of Seller under this Agreement are subject, at the option
of Seller, to the satisfaction at or prior to the Closing of the following conditions:

 

6.1         Purchaser shall have performed and satisfied all
agreements required by this Agreement to be performed and satisfied by the Purchaser at or prior to Closing; and

 

6.2         All representations and
warranties of Purchaser contained in this Agreement shall be true in all material respects at and as of the Closing as if
such representations and warranties were made at and as of the losing.

 

Should the above condition not be satisfied to Seller’s
satisfaction, in its sole discretion, as of the Closing, Seller shall be entitled to terminate this Agreement and the parties shall
have no further liabilities under this Agreement.

 

7.              Purchaser’s Conditions to Closing. The obligations of Purchaser under this Agreement shall be subject to
the fulfillment at or prior to the Closing of the following conditions, unless waived by Purchaser:

 

7.1         Purchaser
shall have satisfactorily completed all necessary technical and legal due diligence of the Purchased Assets;

 

7.2         Seller shall have obtained all authorizations, consents and approvals of all governmental agencies and authorities
and executed all necessary agreements and taken all such actions as are required to convey the Purchased Assets to the
Purchaser;

 

7.3        Seller shall have no litigation pending or threatened
with respect to the Purchased Assets;

 

7.4         From
the date of this Agreement through the Closing Date, there shall not have occurred any change, circumstance or event concerning
the Purchased Assets that has had or could be reasonably likely to adversely affect or substantial impair the Purchased Assets;

 

7.5        All
representations and warranties of Seller contained in this Agreement shall be true in all material respects at and as of the Closing
as if such representations and warranties were made at and as of the Closing; and

 

7.7        Seller shall have performed and satisfied
all agreements required by this Agreement to be performed and satisfied by Seller at or prior to the Closing.

 

Should the above conditions not be satisfied to Purchaser's
satisfaction, in its sole discretion, as of the Closing, Purchaser shall be entitled to terminate this Agreement without further
liability between Purchaser and Seller.

 

	8.	Tax Matters.

 

8.1        Transfer Taxes. Seller shall
be solely responsible for the payment of, and shall pay when due, any sales, use, excise or similar transfer taxes (“Transfer
Taxes”) that are payable in connection with the sale of the Purchased Assets. The Parties shall cooperate, to the extent
reasonably requested and permitted by law, in reducing any Transfer Taxes payable in connection with the sale of the Purchased
Assets.

 

 

 

    	 	5	 

     

    

 

8.2        Responsibility for Taxes and Tax Returns.
Seller shall prepare and file all tax returns required to be filed by Seller with a taxing authority (including tax returns required
to be filed after the Closing Date), to the extent such tax returns include or relate to Seller’s use or ownership of the
Purchased Assets on or prior to the Closing Date. The party required by law to file a tax return with respect to Transfer Taxes
shall do so within the time period prescribed by law, and Seller shall promptly reimburse Purchaser for any Transfer Taxes so paid
by Purchaser for periods of time prior to the Closing Date upon receipt of notice that such Transfer Taxes have been paid.

 

8.3        Cooperation. To the extent relevant
to the Purchased Assets, each Party shall (i) provide the other with such assistance as may reasonably be requested in connection
with the preparation of any tax return and the conduct of any audit or other examination by any taxing authority or in connection
with judicial or administrative proceedings relating to any liability for taxes and (ii) retain and provide the other with all
records or other information that may be relevant to the preparation of any tax returns, or the conduct of any audit or examination,
or other proceeding relating to taxes.

 

	9.	Post-Closing Covenants.

 

9.1         Seller hereby covenants that it and any of its affiliates
will not, anywhere in the world, challenge, or cause a third party to challenge, the validity and ownership by Purchaser of the
Purchased Assets and will not, anywhere in the world directly or indirectly seek to register, defend, compromise or dispute any
rights in and to the Purchased Assets.

 

9.2         For a period of five (5) years after the Closing
Date, Seller hereby covenants that it and any of its affiliates will not, anywhere in the world, directly or indirectly seek to
register or otherwise acquire any rights in any websites, domain names, trade names, trademarks, service marks, or other intellectual
property assets that are or may be, or that contain portions that are or may be, confusingly similar to the Purchased Assets.

 

9.3         Seller will not use or cause to be used any copies
of the Purchased Assets.

 

9.4         Until the Additional Payment is paid to the Seller,
Purchaser agrees it shall not, without the prior approval of Seller, enter into, create, incur, assume, guarantee or suffer to
exist any indebtedness for borrowed money of any kind; provided that such prohibition shall not apply to (a) trade payables incurred
in the ordinary course of business, and (b) any lease payments.

 

10.          
Confidentiality. The Seller shall ensure that any nonpublic information provided to it by the Purchaser in confidence
shall be treated as strictly confidential and that all such confidential information that the Seller or any of its respective employees,
attorneys, agents, investment bankers, or accountants may now possess or may hereinafter create or obtain relating to the financial
condition, results of operations, businesses, properties, assets, liabilities, or future prospects of the Purchaser, any affiliate
thereof, or any customer or supplier thereof, shall not be published, disclosed, or made accessible by any of them to any other
person at any time or used by any of them, in each case without the prior written consent of the Purchaser; provided, however,
that the restrictions of this Section shall not apply (a) as may otherwise be required by law, (b) as may be necessary or appropriate
in connection with the enforcement of this Agreement, or (c) to the extent such information was in the public domain when received
or thereafter enters the public domain other than because of disclosures by the receiving party.

 

	11.	Indemnification.

 

11.1      The representations, warranties,
covenants and obligations of each Party to this Agreement shall survive the Closing and the sale of the Purchased Assets to Purchaser.

 

11.2      Seller shall, and hereby agrees to, indemnify
and hold Purchaser harmless against and in respect of any Damages, as hereinafter defined, resulting to Purchaser from: (i) any
inaccurate representation or warranty made by Seller in or under this Agreement; (ii) breach or default in the performance by Seller
of any of the covenants to be performed by it hereunder; and (iii) any debts, liabilities or obligations of Seller, whether accrued,
absolute, contingent or otherwise, due or to become due, existing on the Closing Date that encumber or may encumber the Purchased
Assets.

 

 

 

    	 	6	 

     

    

 

11.3      Purchaser shall, and hereby agrees to,
indemnify and hold Seller harmless against and in respect of any Damages resulting to Seller from: (i) any inaccurate representation
or warranty made by Purchaser in or under this Agreement; (ii) breach or default in the performance by Purchaser of any of the
covenants to be performed by it hereunder; and (iii) Licensee’s use of the Domain Name after the Closing Date.

 

11.4      The aggregate liability of either party
under this Section 11 shall not exceed the Purchase Price.

 

11.5       “Damages” as used
herein shall include any claims, actions, demands, losses, costs, expenses, liabilities (joint or several), penalties and damages,
including counsel fees incurred in investigating or in attempting to avoid the same or oppose the imposition thereof.

 

	12.	Miscellaneous.

 

12.1      Further Assurances. Seller shall execute
and deliver such further instruments of conveyance and transfer and take such additional action as Purchaser may reasonably request
to effect, consummate, confirm or evidence the transfer to Purchaser of the Purchased Assets and any other transactions contemplated
hereby, all at Purchaser’s expense for its out-of-pocket expenses, but without further compensation to Seller.

 

12.2      Assignment. This Agreement
is assignable in whole or in part by Purchaser.

 

12.3      Entire Agreement. This Agreement,
including any and all Exhibits and attachments to this Agreement, which are hereby incorporated by reference into this Agreement,
constitutes the entire agreement between the parties the Parties with respect to the subject matter of this Agreement and supersedes
all prior agreements, understandings, negotiations and discussions, whether written or oral, with respect to the same subject matter.

 

12.4     
Amendments. This Agreement may only be amended by a written agreement duly signed by persons
authorized to sign agreements on behalf of each Party.

 

12.5      Notices. All notices, demands,
requests, or other communications which may be or are required to be given or made by any Party to the other Party pursuant to
this Agreement shall be in writing and shall be hand delivered, mailed by first-class registered or certified mail, return receipt
requested, postage prepaid, or delivered by overnight air courier addressed as provided in the preamble of this Agreement.

 

12.6      Governing Law. The
interpretation and construction of this Agreement, to the extent the particular issue is controlled by state law, shall be
governed by and construed in accordance with the laws (but not including choice of law provisions) of the State of
Nevada.

 

12.7      Counterparts; Signatures. This
Agreement may be executed in one or more counterparts, each of which will be deemed to be an original, but all of which will
be one and the same document. Facsimiles and electronic copies in portable document format (“PDF”) containing
original signatures shall be deemed for all purposes to be originally signed copies of the documents that are the subject of
such facsimiles or PDF versions.

 

12.8      Benefits; Binding Effect. This
Agreement shall be binding upon and inure to the benefit of the respective Parties and their permitted assigns and successors in
interest.

 

12.9      Joint Preparation. This
Agreement shall be deemed for all purposes to have been prepared through the joint efforts of the parties hereto and shall
not be construed for or against one party or any other party as a result of the preparation, submittal, drafting, execution
or other event of negotiation hereof.

 

12.10    Severability. If any term
or other provision of this Agreement is invalid, illegal or incapable of being enforced under any rule of law, all other conditions
and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance
of the transactions contemplated hereby is not affected in a materially adverse manner with respect to either party.

 

12.11     Waiver. No waiver of any
of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not
similar), nor shall such waiver constitute a continuing waiver unless otherwise expressly provided.

 

12.12     Captions. The captions
in this Agreement are for convenience only and shall not be considered a part of or affect the construction or interpretation of
any provision of this Agreement.

 

[signatures on following page]

 

 

 

    	 	7	 

     

    

 

IN WITNESS WHEREOF the parties have executed
this Agreement on the date specified in the preamble of this Agreement.

 

 

	 	SELLER:
	 	 
	 	DOVER HILL, LLC
	 	 
	 	By: /s/ T. Allen
	 	Name: T. Allen
	 	Title: Manager
	 	 
	 	 
	 	PURCHASER:
	 	 
	 	ESEG Limited
	 	 
	 	By: /s/ Keith Williams
	 	Name: Keith Williams
	 	Title: Director

 

 

 

 

 

 

    	 	8	 

     

    

 

EXHIBIT A

 

Description of the Purchased Assets

 

A.            The following completed Websites including, without limitation, any and all associated software used in building the Websites,
content posted therein, and Website users lists and Website data bases containing any Website user or Website information, including,
without limitation personally identifiable information regarding the Websites’ users and participants:

 

www.esportsgames.com

 

B.             
The following Domain Names:

 

Seller owns the following domains registered
with Godaddy.Com that are the subject of the sale to Purchaser:

 

www.esportsgames.com

 

 

 

 

 

 

 

 

 

 

    	 	9

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