SEC Contract Filing

Filing Date: 2023-12-12

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex10_1.htm
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<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0.35pt 0 0">&nbsp;</P>

<P STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; margin: 4.6pt 92.2pt 0 90.25pt; text-align: center"><FONT STYLE="letter-spacing: -0.1pt">TECHNOLOGY</FONT>
<FONT STYLE="letter-spacing: -0.05pt">CO-DEVELOPMENT AGREEMENT</FONT></P>

<P STYLE="font: 14.5pt Arial, Helvetica, Sans-Serif; margin: 0.15pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/100% Arial MT; margin: 0 20.5pt 0 20pt; text-align: justify; text-indent: 35.95pt">This Technology Co-Development
Agreement (this &#8220;Agreement&#8221;) is entered into as of December 11, 2023 (&#8220;Effective Date&#8221;) by and between Wired-4-Tech,
Inc. (&#8220;Developer&#8221;), a Florida Corporation, having a principal place of business at 250 International Parkway, <FONT STYLE="letter-spacing: -0.1pt">Lake
Mary, FL 32746 and Avant Technologies, Inc. </FONT><FONT STYLE="letter-spacing: -0.05pt">(&#8220;Client&#8221;), having a principal place
of business</FONT> at 5348 Vegas Drive, Las Vegas, NV 89108. Developer and Client are sometimes referred to in this Agreement individually
as a &#8220;Party&#8221; and collectively as the &#8220;Parties.&#8221;</P>

<P STYLE="font: 10pt Arial MT; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt/101% Arial MT; margin: 0 21pt 0 20pt; text-align: justify; text-indent: 28.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>WHEREAS
</B></FONT>Developer is engaged in the business of data infrastructure systems and software application development and possesses certain
technical expertise in designing, developing, and testing infrastructure and software; and</P>

<P STYLE="font: 10pt Arial MT; margin: 0.1pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt/100% Arial MT; margin: 0 20.75pt 0 20pt; text-align: justify; text-indent: 28.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt"><B>WHEREAS</B></FONT>
<FONT STYLE="letter-spacing: -0.05pt">Client wishes</FONT> to engage Developer on an exclusive basis to develop and deliver certain unique
and proprietary hardware and software developed and/or customized specifically for Client (collectively, the &#8220;Technologies<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&#8221;</B></FONT>)
and Developer is willing to accept the engagement to develop such Technologies on the terms and subject to the conditions set forth in
this Agreement.</P>

<P STYLE="font: 10.5pt Arial MT; margin: 0.4pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt/101% Arial MT; margin: 0.05pt 21pt 0 20pt; text-align: justify; text-indent: 28.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt"><B>NOW
THEREFORE,</B></FONT> in consideration of the mutual promises and covenants set forth herein and intending to be legally bound, the Parties
hereto agree as follows:</P>

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 11pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.95pt"></TD><TD STYLE="width: 28.5pt"><FONT STYLE="letter-spacing: -0.05pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="letter-spacing: -0.05pt">ENGAGEMENT OF</FONT> DEVELOPER</TD></TR></TABLE>

<P STYLE="font: 11pt Arial MT; margin: 6.2pt 20.6pt 0 20pt; text-align: justify; text-indent: 28.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; letter-spacing: -0.1pt"><B>1.1</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; letter-spacing: -0.1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Scope of Engagement and Exclusivity. </FONT></B>Subject to the terms and
conditions of <FONT STYLE="letter-spacing: -0.1pt">this Agreement, Client hereby appoints Developer, and Developer</FONT> <FONT STYLE="letter-spacing: -0.05pt">acknowledges
and accepts such</FONT> <FONT STYLE="letter-spacing: -0.1pt">appointment, as its exclusive co-development partner to design, develop,</FONT>
<FONT STYLE="letter-spacing: -0.05pt">and implement the Avant</FONT> AI Software and Submersion Infrastructure Technologies, inclusive
of all required technical documentation in accordance with the Specifications, Requirements, and Deliverables (&#8220;Specifications&#8221;)
and the time schedule described in Exhibit A attached hereto and incorporated herein by reference and any other subsequent Exhibits made
and agreed to in writing by the Parties later attached (collectively, the &#8220;Works&#8221;). Developer may use employees and/or contractors
capable of designing and implementing the Technologies. Client will cooperate with Developer&#8217;s requests for information necessary
to accomplish the tasks and objectives for completion of the Works.</P>

<P STYLE="font: 11pt Arial MT; margin: 6.1pt 20.85pt 0 20pt; text-align: justify; text-indent: 28.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; letter-spacing: -0.1pt"><B>1.2</B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; letter-spacing: -0.1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">Developer&#8217;s Duties and Responsibilities.</FONT></B>
Developer and Client will jointly define the Specification and Developer will: (a) Perform the Work in accordance with the Specification;</P>

<P STYLE="font: 11pt Arial MT; margin: 0.15pt 20.8pt 0 20pt; text-align: justify">(b) use commercially reasonable efforts to deliver the
Technologies to Client by the delivery deadline set out in the time schedule described in <U>Exhibit &#8220;A&#8221;</U> or as soon as
commercially pra