SEC Contract Filing

Filing Date: 2019-02-19

Document Content:
<DOCUMENT>
<TYPE>EX-10.21
<SEQUENCE>7
<FILENAME>tv512687_ex10-21.htm
<DESCRIPTION>EXHIBIT 10.21
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.21</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>NONDISCLOSURE, ASSIGNMENT OF INVENTIONS
AND </U></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>NONCOMPETITION AGREEMENT</U></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">THIS
NONDISCLOSURE, ASSIGNMENT OF INVENTIONS, AND NONCOMPETITION AGREEMENT (the &ldquo;<U>Agreement</U>&rdquo;) is made and
entered into this _____ day of __________ 2019, by and between Eyenovia, Inc., a Delaware corporation (the
&ldquo;<U>Company</U>&rdquo;) and <U> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
(the &ldquo;<U>Employee</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, Employee understands
that, in its business, the Company has developed and uses commercially valuable technical and nontechnical information and that,
to guard the legitimate interests of the Company, it is necessary for the Company to keep such information confidential and to
protect such information as trade secrets or by patent, copyright or other proprietary rights; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, Employee recognizes that the methods,
processes, products and materials developed or used by the Company are the proprietary information of the Company, that the Company
regards this information as valuable trade secrets and that its use and disclosure must be carefully controlled; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, Employee further recognizes that,
although some of the Company&rsquo;s customers, suppliers, and partners are well known, other customers, suppliers, and partners,
and prospective customers, suppliers, and partners are not so known, and the Company views the names and identities of these customers,
suppliers, and partners, and prospective customers, suppliers, and partners as well as the content of any business, research, or
collaboration proposals, as being the Company&rsquo;s trade secrets; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, Employee further recognizes that
any ideas, methods or processes of the Company that presently are not being sold, and that therefore are not public knowledge,
are considered trade secrets of the Company; and</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 understands
that all such information is vital to the success of the Company&rsquo;s business and that Employee, through Employee&rsquo;s employment,
will become acquainted with some or all of such information and may contribute to that information through inventions, discoveries,
improvements, pharmaceutical and technology development, or in some other manner; and</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 understands
that this Agreement, and particularly the provisions of Sections 1 through 3 of this Agreement (the &ldquo;<U>Covenants</U>&rdquo;),
are reasonably necessary to the protection of the Company&rsquo;s business; and</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-indent: 0.5in">WHEREAS, in consideration of Employee&rsquo;s
obligations hereunder, the Company and Employee are executing an Executive Employment Agreement (the &ldquo;<U>Employment Agreement</U>&rdquo;)
that will provide Employee with compensation and benefits to which Employee was not entitled prior to executing the Employment
Agreement and this present Agreement; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, as additional consideration for
Employee&rsquo;s execution of this Agreement, the Company is paying to Executive a signing bonus of Two Thousand Dollars ($2,000).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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