SEC Contract Filing

Filing Date: 2022-04-05

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ea158048ex10-1_freshvine.htm
<DESCRIPTION>EMPLOYMENT AGREEMENT DATED AS OF MARCH 24, 2022 BY AND BETWEEN FRESH VINE WINE, INC. AND ELLEN SCIPTA
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<P STYLE="text-align: right; margin: 0"><FONT STYLE="text-transform: none"><B>Exhibit 10.1</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: right">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-transform: uppercase; text-align: center">EMPLOYMENT AGREEMENT</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-variant: small-caps">The
Employment Agreement</FONT> (the &ldquo;<U>Agreement</U>&rdquo;) is made and entered into effective as of March 24, 2022 (the &ldquo;<U>Effective
Date</U>&rdquo;) by and between Fresh Vine Wine, Inc., a Nevada corporation (the &ldquo;<U>Company</U>&rdquo;), and Ellen Scipta (&ldquo;<U>Employee</U>&rdquo;)
(the Company and Employee are referred to herein individually as a &ldquo;<U>Party</U>&rdquo; and collectively as the &ldquo;<U>Parties</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">WHEREAS, the Company desires
to employ or retain Employee in accordance with the terms and conditions of this Agreement; and wishes to obtain reasonable protection
against unfair solicitation of the Company&rsquo;s customers and employees by Employee during and following termination of employment
and to protect itself against unfair competition and the use of its confidential business and technical information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">WHEREAS, Employee wishes to
provide services to the Company in exchange for compensation and is willing to grant the Company the benefits of the various covenants
contained herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-variant: small-caps">Now,
Therefore</FONT>, in consideration of the foregoing facts, the mutual covenants set forth herein and for other good and valuable consideration
the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">1. <U>Employment</U>.
The Company hereby agrees to employ Employee, and Employee hereby accepts such employment, subject to all of the terms and conditions
of this Agreement. If Employee&rsquo;s employment with the Company commences prior to the filing with the Securities and Exchange Commission
of the Company&rsquo;s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, Employee will be appointed to serve in
the position of Chief Financial Officer immediately following such filing, and Employee will accept such appointment. During the term
of Employee&rsquo;s employment pursuant to this Agreement, Employee shall serve the Company faithfully and to the best of her ability
and shall devote her full business and professional time, energy, knowledge, skill and diligence to the performance of her duties. Employee
shall perform such services and duties in connection with the business and affairs of the Company as are customarily incident to Employee&rsquo;s
position and as may reasonably be assigned or delegated to Employee by the Chief Executive Officer of the Company (&ldquo;<U>CEO</U>&rdquo;)
and the Company&rsquo;s Board of Directors (the &ldquo;<U>Board</U>&rdquo;). Employee shall perform such duties under the direction of,
and shall report to, the Chief Executive Officer of the Company (&ldquo;<U>CEO</U>&rdquo;), and the Board, and shall comply with the Company&rsquo;s
reasonable policies and procedures. The duties to be performed by Employee hereunder shall be performed primarily at the offices of the
Company in the Minneapolis, Minnesota metropolitan area, subject to reasonable travel requirements on behalf of the Company, or such other
place as the Company may reasonably designate. Notwithstanding Employee&rsquo;s obligation to devote her full business and professional
time, energy, knowledge, skill and diligence to the performance of her duties with the Company, with the prior written approval of the
CEO or the Board, Employee may serve as an independent board member of one or more public or private entities; provided that such service
does not violate the restrictive covenants set forth in Section 7 of this Agreement, such entities are not competitive with the Company,
and that such service does not interfere with Employee&rsquo;s duties with the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">2. <U>Term
of Employment</U>. The Company and Employee agree that this Agreement, and Employee&rsquo;s employment with the Company hereunder, is
for an indefinite term and will continue until term