SEC Contract Filing

Filing Date: 2023-08-11

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>2
<FILENAME>ex10-2.htm
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<P STYLE="margin-top: 0pt; font: 10pt Times New Roman, Times, Serif; text-align: right; margin-right: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><B>Exhibit
10.2</B></FONT></P>

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<P STYLE="margin-top: 0pt; font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><B>NUZEE,
INC.</B></FONT></P>

<P STYLE="margin-top: 0pt; font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><B><U>RESTRICTED
STOCK AWARD AGREEMENT</U></B></FONT></P>

<P STYLE="margin-top: 0pt; font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><B>(2019
EQUITY INCENTIVE PLAN)</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: justify; text-indent: 0.5in; margin-right: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">This
Stock Award Agreement (the &ldquo;<U>Agreement</U>&rdquo;) is entered into as of [DATE], (the &ldquo;<U>Grant Date</U>&rdquo;), by and
between NuZee, Inc., a Nevada corporation (&ldquo;the <U>Company</U>&rdquo;), and [NAME] (&ldquo;<U>Participant</U>&rdquo;) pursuant
to the Company&rsquo;s 2019 Equity Incentive Plan (the &ldquo;<U>Plan</U>&rdquo;). Any capitalized term not defined in this Agreement
shall have the same meaning ascribed to it in the Plan.</FONT></P>

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<U>Grant of Restricted Stock</U>. The Company hereby grants to Participant an award of [ ] Restricted Shares (the &ldquo;<U>Award</U>&rdquo;).
The Restricted Shares granted pursuant to the Award shall be issued in the form of book entry Shares in the name of Participant as soon
as reasonably practicable after the Grant Date and shall be subject to the execution and return of this Agreement by the Participant
to the Company.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: justify; text-indent: 0.5in; margin-right: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">2.
<U>Restrictions on Transfer</U>. Unless otherwise determined by the Committee, the Restricted Shares issued under this Agreement may
not be sold, transferred or otherwise disposed of and may not be pledged or otherwise hypothecated until all restrictions on such Restricted
Shares shall have lapsed in the manner provided in Section 3 or 5 hereof.</FONT></P>

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<U>Lapse of Restrictions Generally</U>. Except as provided in Sections 5 and 6 hereof, the number of the Restricted Shares issued hereunder
shall vest, and the Period of Restriction will end with respect to such Restricted Stock as follows, provided Participant has not ceased
to be a Service Provider on each such applicable date:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: justify; text-indent: 0.5in; margin-right: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black">(i)
on the date the Company files its financial statements for the period from [ ] through [ ], the Period of Restriction will lapse for