The Company hereby employs Shulman and Shulman accepts employment as the President of the Company.

The Company hereby employs Greenblatt and Greenblatt accepts employment as a Vice President and Treasurer of the Company.

The Company hereby employs Lyke and Lyke accepts employment as a Vice President and Assistant Treasurer of the Company.

The Company hereby employs Silva and Silva accepts employment as a Vice President of the Company.

​ shall have no duties or responsibilities except those expressly set forth in this Agreement and the Other Documents. Neither ​ nor any of its officers, directors, employees or agents shall be # liable for any action taken or omitted by them as such hereunder or in connection herewith, unless caused by their gross negligence or willful misconduct (as determined by a court of competent jurisdiction in a final non-appealable judgment), or # responsible in any manner for any recitals, statements, representations or warranties made by any Loan Party or any officer thereof contained in this Agreement, or in any of the Other Documents or in any certificate, report, statement or other document referred to or provided for in, or received by ​ under or in connection with, this Agreement or any of the Other Documents or for the value, validity, effectiveness, genuineness, due execution, enforceability or sufficiency of this Agreement, or any of the Other Documents or for any failure of any Loan Party to perform its obligations hereunder. ​ shall not be under any obligation to any ​ to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any of the Other Documents, or to inspect the properties, books or records of any Loan Party. The duties of ​ as respects the Advances to ​ shall be mechanical and administrative in nature; ​ shall not have by reason of this Agreement a fiduciary relationship in respect of any ​; and nothing in this Agreement, expressed or implied, is intended to or shall be so construed as to impose upon ​ any obligations in respect of this Agreement except as expressly set forth herein.

The Company hereby employs the Executive as its Senior Vice President / Chief Operating Officer for the Term of this Agreement and any renewal(s) thereof, and the Executive hereby accepts such employment. In such position, the Executive shall have such duties, authority, and responsibilities as shall be determined from time to time by the Company’s President (Chief Executive Officer) and the Board of Directors of the Company (the “Board”), which duties, authority, and responsibilities are consistent with the Executive's position and are summarized in the attached job descriptions ([Exhibit A]) which may be updated from time to time by mutual agreement. The Executive shall serve the Company faithfully and to the best of his ability and shall devote his time and attention to the business and affairs of the Company, subject to reasonable absences for vacation and illness in accordance with Company policies. The Executive shall also perform services for such subsidiaries of the Company, including but not limited to Intelligent Product Solutions, Inc. and Forward Industries (IN), Inc. (collectively, the “Subsidiaries”) as may be necessary.

Services. The Administrator shall perform (or oversee, or arrange for, the performance of) the administrative services necessary for the operation of the Company. Without limiting the generality of the foregoing, the Administrator shall provide the Company with office facilities, equipment, clerical, bookkeeping and record-keeping services at such facilities and such other services as the Administrator, subject to review by the Board, shall from time to time determine to be necessary or useful to perform its obligations under this Agreement. The Administrator shall also, on behalf of the Company, conduct relations with custodians, depositories, transfer agents, dividend disbursing agents, other stockholder servicing agents, accountants, attorneys, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and such other persons in any such other capacity deemed to be necessary or desirable. The Administrator shall make reports to the Board of its performance of obligations hereunder and furnish advice and recommendations with respect to such other aspects of the business and affairs of the Company as it shall determine to be desirable; provided that nothing herein shall be construed to require the Administrator to, and the Administrator shall not, provide any advice or recommendation

Services. The Finder hereby agrees to attempt to identify Targets. The Finder does not guarantee or warrant the accuracy or completeness of information, if any, provided to the Company by a Target or by the Finder concerning a Target. The Company is encouraged to perform its own due diligence and analyses concerning any Target(s). The decision to consummate a Transaction with a Target as well as the aggregate consideration amount and structure shall be determined by the Company in its sole and absolute discretion.

Services. During the term of this Agreement, Dawson shall provide advice to, and consult with, the Company concerning business and financial planning, corporate organization and structure, and private and public equity and debt financing, as well as potential up-listing, and such other matters as the parties may mutually agree to with respect to the Company’s financial interests. Such advice and consultation is hereinafter referred to as “Financial Services”. The Financial Services shall be provided to the Company in such form, manner and place as the parties mutually agree. Dawson shall not by this Agreement be prevented or barred from rendering services of the same or similar nature, as herein described, or services of any nature whatsoever for, or on behalf of, persons, firms, or corporations other than the Company.

Services. You shall render customary services as a Director, member of the Audit Committee, Nomination Committee and Compensation Committee(hereinafter, your 'Duties'). During the term of this Agreement, you may attend and participate at each meeting regarding the business and operation issues of the Company as regularly or specially called, via teleconference, video conference or in person. You shall consult with the members of the Board and committee (if any) regularly and as necessary via telephone, electronic mail or other forMr of correspondence.