Executive Employment Agreement, dated as of April 12, 2019, by and between American Holdings International Corp. and Alan Hernandez

EX-10.7 9 ex10-7.htm

EMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT (this “Agreement”), is made this 12^th day of April, 2019 (the “Effective Date”) and is entered into by and between American International Holdings Corp., a Nevada Corporation (“AMIH”), and Alan Hernandez (“Executive”).

WHEREAS, AMIH and Executive desire to enter into this Agreement to assure AMIH of the continuing and exclusive services of Executive and to set forth the rights and the duties of the parties hereto.

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants, terms and conditions contained herein, it is hereby agreed as follows:

	1.	Employment Period. Subject to the provisions for earlier termination hereinafter provided, Executive’s employment hereunder shall be for a term (the “Employment Period”) commencing on the Effective Date and ending on the third anniversary of the Effective Date (the “Initial Termination Date”); provided, however, that this Agreement shall be automatically extended for one additional year on the Initial Termination Date and on each subsequent anniversary of the initial Termination Date, unless either Executive or AMIH elects not to so extend the term of the Agreement by notifying the other party, in writing, of such election not less than ninety (90) days prior to the last day of the term as then in effect. For the avoidance of doubt, non-renewal of this Agreement pursuant to the proviso contained in the preceding sentence shall not be deemed to give rise to any payment to Executive as might be the case in connection with a termination of this Agreement.

	2.	Terms of Employment.

a.	Position and Duties.

	(i)	During the Employment Period, Executive shall serve as the Chief Marketing Officer of AMIH and shall perform such employment duties as are usual and customary for such positions and such other duties as the Board of Directors of AMIH (the “Board”) shall from time to time reasonably assign to Executive. In addition, Executive shall serve as a manager of each medical spa owned and/or operated by the Company, unless otherwise agreed between Executive and the Company. Executive shall report to the Board of Directors of AMIH. At AMIH’s request, Executive shall serve AMIH and/or its subsidiaries and affiliates in other offices and capacities in addition to the foregoing. In the event that Executive, during the Employment Period, serves in any one or more of such additional capacities, Executive’s compensation shall not be increased beyond that specified in Section 2(b) of this Agreement. In addition, in the event Executive’s service in one or more of such additional capacities is subsequently terminated, Executive’s compensation, as specified in Section 2(b) of this Agreement, shall not be diminished or reduced in any manner as a result of such termination for so long as Executive otherwise remains employed under the terms of this Agreement. During the Employment Period, Executive shall perform his duties at the Company’s offices in the Dallas metropolitan area.

	(ii)	Executive agrees that he will not take personal advantage of any business opportunity that arises during his employment by AMIH which may be of benefit to AMIH unless all material facts regarding such opportunity are promptly reported by Executive to the Board for consideration by AMIH and the disinterested members of the Board determine to reject the opportunity and to approve Executive’s participation therein.

b.	Compensation.

	(i)	Base Salary. During the Employment Period, Executive shall receive a starting base salary (the “Base Salary”) of (a) $90,000 from the Effective Date to January 1, 2020; and (b) $120,000 from January 1, 2020 to January 1, 2021, as the same may be increased thereafter. The Base Salary shall be paid at such intervals as AMIH pays executive salaries generally. During the Employment Period, the Base Salary shall be reviewed at least annually for possible increase (but not decrease) in AMIH’s sole discretion, as determined by AMIH’s compensation committee or full Board; provided, however, that Executive shall be entitled to any annual cost-of-living increases in Base Salary that are granted to senior executives of AMIH generally. Any increase in Base Salary shall not serve to limit or reduce any other obligation to Executive under this Agreement. The term “Base Salary” as utilized in this Agreement shall refer to Base Salary as so adjusted.

		(ii)	Profit Share. For his management of the Company’s medical spas, Executive shall receive 25% of the net profits from each medical spa managed by Executive. “Net profits” shall equal all gross sales of a medical spa, less all expenses paid during the corresponding period. Profit share payments will be made on the 15^th day of each month following the month in which such profits were generated.

		(iii)	Annual Bonus. In addition to the Base Salary, Executive shall be eligible to earn, for each fiscal year of AMIH ending during the Employment Period, an annual cash performance bonus which shall be determined from time to time by AMIH’s compensation committee after consultation with the Executive.

		(iv)	Equity Incentive Award. During the Employment Period, Executive shall be eligible to participate in all Stock Incentive Plans, policies and programs put in place by the Company.

		(v)	Incentive, Savings and Retirement Plans. During the Employment Period, Executive shall be eligible to participate in all other incentive plans, policies and programs, and all savings and retirement plans, policies and programs, in each case that are applicable generally to senior executives of AMIH.

		(vi)	Welfare Benefit Plans. During the Employment Period, Executive and Executive’s eligible family members shall be eligible for participation in the welfare benefit plans, practices, policies and programs (including, if applicable, medical, dental, disability, employee life, group life and accidental death insurance plans and programs) maintained by AMIH for its senior executives. To the extent that no Welfare Benefit Plan is in place, Executive shall be entitled to a benefit allowance of one thousand ($1,000) per month.

		(vii)	Expenses. During the Employment Period, Executive shall be entitled to receive prompt reimbursement for all reasonable business expenses incurred by Executive in accordance with the policies, practices and procedures of AMIH provided to senior executives of AMIH.

		(viii)	Fringe Benefits. During the Employment Period, Executive shall be entitled to such fringe benefits and perquisites as are provided by AMIH to its senior executives from time to time, in accordance with the policies, practices and procedures of AMIH.

		(ix)	Vacation. During the Employment Period, Executive shall be entitled to paid vacation in accordance with the plans, policies, programs and practices of AMIH applicable to its senior executives.

		(x)	Indemnification Agreement. On the Effective Date, AMIH and Executive shall, if they have not done so previously, enter into an indemnification agreement in the form adopted by the Board for the officers of AMIH and which contains customary terms and conditions for a public company.

		(xi)	Automobile. Executive shall be entitled to an automobile allowance of One Thousand Five Hundred Dollars ($1,500) per month.

(xii)

Additional Agreements. As a condition to AMIH entering into this Agreement, Executive shall concurrently herewith enter into Confidentiality and Non-Disclosure Agreements with AMIH (the “Non-Disclosure Agreement”), a form of which is set forth as Exhibit “B” hereto, and a Non-Competition Agreement (the “Non-Competition Agreement”), a form of which is set forth as Exhibit “C” hereto.

3.	Termination of Employment.

	a.	Death or Disability. Executive’s employment will terminate automatically upon Executive’s death. Executive’s employment may be terminated if Executive suffers a Disability. For purposes of this Agreement, “Disability” means Executive’s inability by reason of physical or mental illness to fulfill his obligations hereunder for 90 consecutive days or on a total of 150 days in any 12-month period which, in the reasonable opinion of an independent physician selected by AMIH or its insurers and reasonably acceptable to Executive or Executive’s legal representative, renders Executive unable to perform the essential functions of his job, even after reasonable accommodations are made by AMIH. AMIH is not, however, required to make unreasonable accommodations for Executive or accommodations that would create an undue hardship on AMIH.

	b.	Cause. AMIH may terminate Executive’s employment during the Employment Period for Cause or without Cause. For purposes of this Agreement, “Cause” shall mean the occurrence of any one or more of the following events:

		(i)	Executive’s willful failure to perform or gross negligence in performing Executive’s duties owed to AMIH, after ten (10) days written notice delivered to Executive by the Board, which notice specifies such failure or negligence and providing Executive an opportunity to cure;

		(ii)	Executive’s commission of an act of fraud in the performance of Executive’s duties;

		(iii)	Executive’s conviction of, or entry by Executive of a guilty or no contest plea to, any (x) felony or (y) any misdemeanor involving moral turpitude;

		(iv)	Executive’s material breach of any of the provisions of this Agreement, which is not cured within ten (10) days following written notice thereof from AMIH.

The termination of employment of Executive shall not be deemed to be for Cause unless and until there shall have been delivered to Executive a copy of a resolution duly adopted by the affirmative vote of a majority the Board at a meeting of the Board called and held for such purpose (after reasonable notice is provided to Executive and Executive is given an opportunity to be heard before the Board), finding that, in the good faith opinion of the Board, sufficient Cause exists to terminate Executive pursuant to this Section 3(b); provided, that if Executive is a member of the Board, Executive shall not participate in the deliberations regarding such resolution, vote on such resolution, nor shall Executive be counted in determining a majority of the Board.

c.	Good Reason. Executive’s employment may be terminated by Executive for Good Reason or without Good Reason. For purposes of this Agreement, “Good Reason” shall mean the occurrence of any one or more of the following events without Executive’s prior written consent, unless AMIH fully cures the circumstances constituting Good Reason (provided such circumstances are capable of cure) prior to the Date of Termination (as defined below):

	(i)	A material reduction in Executive’s titles, duties, authority and responsibilities, or the assignment to Executive of any duties materially inconsistent with Executive’s position, authority, duties or responsibilities without the written consent of Executive;

	(ii)	AMIH’s reduction of Executive’s annual base salary or bonus opportunity, each as in effect on the date hereof or as the same may be increased from time to time;

	(iii)	The relocation of AMIH’s headquarters to a location more than thirty-five (35) miles from AMIH’s current headquarters in Dallas, Texas; or

	(iv)	AMIH’s failure to cure a material breach of its obligations under the Agreement within fifteen (15) business days after written notice is delivered to the Board by Executive which specifically identifies the manner in which Executive believes that AMIH has breached its obligations under the Agreement.

	d.	Notice of Termination. Any termination by AMIH for Cause, or by Executive for Good Reason, shall be communicated by Notice of Termination to the other party hereto given in accordance with Section 9(c) of this Agreement. For purposes of this Agreement, a “Notice of Termination” means a written notice which (i) indicates the specific termination provision in this Agreement relied upon, (ii) to the extent applicable, sets forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive’s employment under the provision so indicated and (iii) if the Date of Termination (as defined below) is other than the date of receipt of such notice, specifies the termination date (which date shall be not more than thirty days after the giving of such notice). The failure by Executive or AMIH to set forth in the Notice of Termination any fact or circumstance which contributes to a showing of Good Reason or Cause shall not waive any right of Executive or AMIH, respectively, hereunder or preclude Executive or AMIH, respectively, from asserting such fact or circumstance in enforcing Executive’s or AMIH’s rights hereunder.

	e.	Date of Termination. “Date of Termination” means (i) if Executive’s employment is terminated by AMIH for Cause, or by Executive for Good Reason, the date of receipt of the Notice of Termination or any later date specified therein (which date shall not be more than 30 days after the giving of such notice), as the case may be, (ii) if Executive’s employment is terminated by AMIH other than for Cause or Disability, the Date of Termination shall be the date on which AMIH notifies Executive of such termination, (iii) if Executive’s employment is terminated by Executive without Good Reason, the Date of Termination shall be the thirtieth day after the date on which Executive notifies AMIH of such termination, unless otherwise agreed by AMIH and Executive, and (iv) if Executive’s employment is terminated by reason of death or Disability, the Date of Termination shall be the date of death or Disability of Executive, as the case may be.

4.	Obligation of AMIH Upon Termination.

	a.	Without Cause or For Good Reason. If, during the Employment Period, AMIH shall terminate Executive’s employment without Cause or Executive shall terminate his employment for Good Reason:

		(i)	Executive shall be paid, in two lump sum payments (A) Executive’s earned but unpaid Base Salary and accrued but unpaid vacation pay through the Date of Termination, and any Annual Bonus required to be paid to Executive pursuant to Section 2(b)(ii) above for any fiscal year of AMIH that ends on or before the Date of Termination to the extent not previously paid (the “Accrued Obligations”), and (B) an amount (the “Severance Amount”) equal to three (3) (the “Severance Multiple”) times the sum of (x) the Base Salary in effect on the Date of Termination plus (y) either (1) the average Annual Bonus received by Executive for the two complete fiscal years (or such lesser number of years as Executive has been employed by AMIH) of AMIH immediately prior to the Termination Date, or (2) if the Date of Termination occurs before the end of the first complete fiscal year after the Effective Date, the amount of the Pro-Rated Annual Bonus (defined below) for such partial fiscal year; provided, however, if less than one (1) year remains in the Employment Period after the Date of Termination, the Severance Multiple shall equal one (1); provided, further, that the Accrued Obligations shall be paid when due under Texas law and the Severance Amount shall be paid no later than 60 days after the Date of Termination;

			(ii)	At the time when annual bonuses are paid to AMIH’s other senior executives for the fiscal year of AMIH in which the Date of Termination occurs, Executive shall be paid an Annual Bonus in an amount equal to the product of (x) the amount of the Annual Bonus to which Executive would have been entitled if Executive’s employment had not been terminated, and (y) a fraction, the numerator of which is the number of days in such fiscal year through the Date of Termination and the denominator of which is the total number of days in such fiscal year (a “Pro-Rated Annual Bonus”);

			(iii)	For a period of eighteen months following the Date of Termination, AMIH shall continue to provide Executive and Executive’s eligible family members with group health insurance coverage at least equal to that which would have been provided to them if Executive’s employment had not been terminated (or at AMIH’s election, pay the applicable COBRA premium for such coverage); provided, however, that if Executive becomes re-employed with another employer and is eligible to receive group health insurance coverage under another employer’s plans, AMIH’s obligations under this Section 4(a)(iii) shall terminate and any such coverage shall be reported by Executive to AMIH;

			(iv)	All outstanding stock options, restricted stock and other equity awards granted to Executive under any of AMIH’s equity incentive plans (or awards substituted therefore covering the securities of a successor company) shall be modified to reflect an additional twelve (12) months of vesting; and

			(v)	To the extent not theretofore paid or provided, AMIH shall timely pay or provide to Executive any vested benefits and other amounts or benefits required to be paid or provided or which Executive is eligible to receive as of the Date of Termination under any plan, contract or agreement of AMIH and its affiliates (such other amounts and benefits shall be hereinafter referred to as the “Other Benefits”) to which Executive is a party. Notwithstanding the foregoing, it shall be a condition to Executive’s right to receive the amounts provided for in Sections 4(a)(i)(B) and 4(a)(ii) and (iii) above that Executive execute, deliver to AMIH and not revoke a release of claims in substantially the form attached hereto as Exhibit “A”.

		b.	For Cause or Without Good Reason. If Executive’s employment shall be terminated by AMIH for Cause or by Executive without Good Reason during the Employment Period, AMIH shall have no further obligations to Executive under this Agreement other than pursuant to Section 7 hereof, and the obligation to pay to Executive the Accrued Obligations when due under Texas law and to provide the Other Benefits.

		c.	Death or Disability. If Executive’s employment is terminated by reason of Executive’s death or Disability during the Employment Period:

			(i)	The Accrued Obligations shall be paid to Executive’s estate or beneficiaries or to Executive, as applicable, in cash within 30 days of the Date of Termination;

			(ii)	100% of Executive’s then current annual Base Salary, as in effect on the Date of Termination, shall be paid to Executive’s estate or beneficiaries or to Executive, as applicable, in cash when due under Texas law;

(iii)

The Pro-Rated Annual Bonus shall be paid to Executive’s estate or beneficiaries or to Executive, as applicable, at the time when annual bonuses are paid to AMIH’s other senior executives for the fiscal year of AMIH in which the Date of Termination occurs;

			(iv)	For a period of eighteen months following the Date of Termination, Executive and Executive’s eligible family members shall continue to be provided with group health insurance coverage at least equal to that which would have been provided to them if Executive’s employment had not been terminated (or at AMIH’s election, pay the applicable COBRA premium for such coverage); provided, however, that if Executive becomes re-employed with another employer and is eligible to receive group health insurance coverage under another employer’s plans, AMIH’s obligations under this Section 4(d)(iv) shall terminate, and any such coverage shall be reported by Executive to AMIH; and

			(v)	The Other Benefits shall be paid or provided to Executive’s estate or beneficiaries or to Executive, as applicable, on a timely basis.

5.	Change in Control. If a Change in Control (as defined herein) occurs during the Employment Period, and the Executive’s employment is terminated by the Company without Cause or by the Executive for Good Reason, in each case within one (1) year after the effective date of the Change in Control, then the Executive shall be entitled to the payments and benefits provided in Section 4(a), subject to the terms and conditions thereof; provided, that for purposes of this Section 5, (a) the Severance Multiple shall equal three (3) and (b) all outstanding stock options, restricted stock and other equity awards granted to Executive under any of AMIH’s equity incentive plans (or awards substituted therefore covering the securities of a successor company) shall become immediately vested and exercisable in full. For purposes of this Agreement, “Change in Control” shall mean the occurrence of any of the following events:

	a.	Any transaction, whether effected directly or indirectly, resulting in any “person” or “group” (as those terms are defined in Sections 3(a)(9), 13(d), and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules thereunder) having “beneficial ownership” (as determined pursuant to Rule 13d-3 under the Exchange Act) of securities entitled to vote generally in the election of directors (“voting securities”) of AMIH that represent greater than 35% of the combined voting power of AMIH’s then outstanding voting securities, other than

			(i)	any Transaction or event resulting in the beneficial ownership of voting securities by a trustee or other fiduciary holding securities under any employee benefit plan (or related trust) sponsored or maintained by AMIH or any Person controlled by AMIH or by any employee benefit plan (or related trust) sponsored or maintained by AMIH or any Person controlled by AMIH, or

			(ii)	any Transaction or event resulting in the beneficial ownership of voting securities by AMIH or a corporation owned, directly or indirectly, by the stockholders of AMIH in substantially the same proportions as their ownership of the stock of AMIH, or

			(iii)	any Transaction or event resulting in the beneficial ownership of voting securities pursuant to a Transaction described in clause (c) below that would not be a Change in Control under clause (c), or

			(iv)	any Transaction or event resulting solely from the Transfer or acquisition of the beneficial ownership of voting securities by Executive, or an Immediate Family Member or Affiliate thereof (collectively, the “Executive’s Affiliates”);

Individuals who, as of the Effective Date, constitute the Board (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the date hereof whose election by AMIH’s stockholders, or nomination for election by the Board, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an election contest with respect to the election or removal of directors or other solicitation of proxies or consents by or on behalf of a Person other than the Board;

The consummation by AMIH (whether directly involving AMIH or indirectly involving AMIH through one or more intermediaries) of (x) a merger, consolidation, reorganization, or business combination or (y) a sale or other disposition of all or substantially all of AMIH’s assets or (z) the acquisition of assets or stock of another entity, in each case, other than a Transaction:

			(i)	which results in AMIH’s voting securities outstanding immediately before the Transaction continuing to represent (either by remaining outstanding or by being converted into voting securities of AMIH or the Person that, as a result of the Transaction, controls, directly or indirectly, AMIH or owns, directly or indirectly, all or substantially all of AMIH’s assets or otherwise succeeds to the business of AMIH (AMIH or such person, the “Successor Entity”) directly or indirectly, greater than 50% of the combined voting power of the Successor Entity’s outstanding voting securities immediately after the Transaction, and

			(ii)	after which no Person or group beneficially owns voting securities representing greater than 50% of the combined voting power of the Successor Entity; provided, however, that no Person or group shall be treated for purposes of this clause (c) as beneficially owning greater than 50% of combined voting power of the Successor Entity solely as a result of the voting power held in AMIH prior to the consummation of the Transaction; or

			(iii)	the approval by AMIH’s stockholders of a liquidation or dissolution of AMIH.

For purposes of clause (a) above, the calculation of voting power shall be made as if the date of the acquisition were a record date for a vote of AMIH’s stockholders, and for purposes of clause (c) above, the calculation of voting power shall be made as if the date of the consummation of the Transaction were a record date for a vote of AMIH’s stockholders.

The following terms shall have the following meanings for purposes of this Section 5:

“Affiliate” shall mean, with respect to any Person, any Person directly or indirectly controlling, controlled by or under common control with such Person. Control of any Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities or other interests, by contract or otherwise, and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

“Immediate Family Member” shall mean a natural person’s estate or heirs or current spouse or former spouse, parents, parents-in-law, children (whether natural, adopted or by marriage), siblings and grandchildren and any trust or estate, all of the beneficiaries of which consist of such person or such person’s spouse, or former spouse, parents, parents-in-law, children, siblings or grandchildren.

“Person” shall mean an individual or a corporation, partnership, Limited Liability Company, trust, unincorporated organization, association or other entity.

Full Settlement. In no event shall Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Executive under any of the provisions of this Agreement and except as expressly provided, such amounts shall not be reduced whether or not Executive obtains other employment. If any party to this Agreement institutes any action, suit, counterclaim, appeal, arbitration or mediation for any relief against another party, declaratory or otherwise (collectively an “Action”), to enforce the terms hereof or to declare rights hereunder, then the Prevailing Party in such Action shall be entitled to recover from the other party all costs and expenses of the Action, including reasonable attorneys’ fees and costs (at the Prevailing Party’s attorneys’ then-prevailing rates) incurred in bringing and prosecuting or defending such Action and/or enforcing any judgment, order, ruling or award (collectively, a “Decision”) granted therein, all of which shall be deemed to have accrued on the commencement of such Action and shall be paid whether or not such Action is prosecuted to a Decision. Any Decision entered in such Action shall contain a specific provision providing for the recovery of attorneys’ fees and costs incurred in enforcing such Decision. A court or arbitrator shall fix the amount of reasonable attorneys’ fees and costs upon the request of either party. Any judgment or order entered in any final judgment shall contain a specific provision providing for the recovery of all costs and expenses of suit, including reasonable attorneys’ fees and expert fees and costs incurred in enforcing, perfecting and executing such judgment. For the purposes of this paragraph, costs shall include, without limitation, in addition to Costs incurred in prosecution or defense of the underlying action, reasonable attorneys’ fees, costs, expenses and expert fees and costs incurred in the following: (a) post judgment motions and collection actions; (b) contempt proceedings; (c) garnishment, levy, debtor and third party examinations; (d) discovery; (e) bankruptcy litigation; and (f) appeals of any order or judgment. “Prevailing Party” within the meaning of this Section includes, without limitation, a party who agrees to dismiss an Action in consideration for the other party’s payment of the amounts allegedly due or performance of the covenants allegedly breached, or obtains substantially the relief sought by such party.

7.	Certain Additional Payments by AMIH.

	a.	Anything in this Agreement to the contrary notwithstanding and except as set forth below, in the event it shall be determined that any Payment would be subject to the Excise Tax, then Executive shall be entitled to receive an additional payment (the “Excise Tax Gross-Up Payment”) in an amount such that, after payment by Executive of all taxes (and any interest or penalties imposed with respect to such taxes), including, without limitation, any income taxes (and any interest and penalties imposed with respect thereto) and Excise Tax imposed upon the Excise Tax Gross-Up Payment, Executive retains an amount of the Excise Tax Gross-Up Payment equal to the Excise Tax imposed upon the Payments.

	b.	Subject to the provisions of Section 7(c), all determinations required to be made under this Section 7, including whether and when an Excise Tax Gross-Up Payment is required, the amount of such Excise Tax Gross-Up Payment and the assumptions to be utilized in arriving at such determination, shall be made by such nationally recognized accounting firm as may be selected by AMIH and reasonably acceptable to Executive (the “Accounting Firm”); provided, that the Accounting Firm’s determination shall be made based upon “substantial authority” within the meaning of Section 6662 of the Code; provided, further, that Executive may waive the requirement that the determination be made by the Accounting Firm and may elect to have the determination made by AMIH. The Accounting Firm shall provide detailed supporting calculations both to AMIH and Executive within 15 business days of the receipt of notice from Executive that there has been a Payment or such earlier time as is requested by AMIH. All fees and expenses of the Accounting Firm shall be borne solely by AMIH. Any Excise Tax Gross-Up Payment, as determined pursuant to this Section 7, shall be paid by AMIH to Executive within five days of the receipt of the Accounting Firm’s determination. Any determination by the Accounting Firm shall be binding upon AMIH and Executive, unless AMIH obtains an opinion of outside legal counsel, based upon at least “substantial authority” within the meaning of Section 6662 of the Code, reaching a different determination, in which event such legal opinion shall be binding upon AMIH and Executive. As a result of the uncertainty in the application of Section 4999 of the Code at the time of the initial determination by the Accounting Firm hereunder, it is possible that Excise Tax Gross-Up Payments that will not have been made by AMIH should have been made (the “Underpayment”), consistent with the calculations required to be made hereunder. In the event AMIH exhausts its remedies pursuant to Section 7(c) and Executive thereafter is required to make a payment of any Excise Tax, the Accounting Firm shall determine the amount of the Underpayment that has occurred and any such Underpayment shall be promptly paid by AMIH to or for the benefit of Executive.

Executive shall notify AMIH in writing of any claim by the Internal Revenue Service that, if successful, would require the payment by AMIH of the Excise Tax Gross-Up Payment. Such notification shall be given as soon as practicable, but no later than 10 business days after Executive is informed in writing of such claim. Executive shall apprise AMIH of the nature of such claim and the date on which such claim is requested to be paid. Executive shall not pay such claim prior to the expiration of the 30-day period following the date on which Executive gives such notice to AMIH (or such shorter period ending on the date that any payment of taxes with respect to such claim is due). If AMIH notifies Executive in writing prior to the expiration of such period that AMIH desires to contest such claim, Executive shall:

			(i)	give AMIH any information reasonably requested by AMIH relating to such claim,

			(ii)	take such action in connection with contesting such claim as AMIH shall reasonably request in writing from time to-time, including, without limitation, accepting legal representation with respect to such claim by an attorney reasonably selected by AMIH,

			(iii)	cooperate with AMIH in good faith in order effectively to contest such claim, and

			(iv)	permit AMIH to participate in any proceedings relating to such claim;

provided, however, that AMIH shall bear and pay directly all costs and expenses (including additional interest and penalties) incurred in connection with such-contest, and shall indemnify and hold Executive harmless, on an after-tax basis, for any Excise Tax or income tax (including interest and penalties) imposed as a result of such representation and payment of costs and expenses. Without limitation on the foregoing provisions of this Section 7(c), AMIH shall control all proceedings taken in connection with such contest, and, at its sole discretion, may pursue or forgo any and all administrative appeals, proceedings, hearings and conferences with the applicable taxing authority in respect of such claim and may, at its sole discretion, either direct Executive to pay the tax claimed and sue for a refund or contest the claim in any permissible manner, and Executive agrees to prosecute such contest to a determination before any administrative tribunal, in a court of initial jurisdiction and in one or more appellate courts, as AMIH shall determine; provided, however, that, if AMIH directs Executive to pay such claim and sue for a refund, AMIH shall advance the amount of such payment to Executive, on an interest-free basis, and shall indemnify and hold Executive harmless, on an after-tax basis, from any Excise Tax or income tax (including interest or penalties) imposed with respect to such advance or with respect to any imputed income in connection with such advance; and provided, further, that any extension of the statute of limitations relating to payment of taxes for the taxable year of Executive with respect to which such contested amount is claimed to be due is limited solely to such contested amount. Furthermore, AMIH’s control of the contest shall be limited to issues with respect to which the Excise Tax Gross-Up Payment would be payable hereunder, and Executive shall be entitled to settle or contest, as the case may be, any other issue raised by the Internal Revenue Service or any other taxing authority.

If, after the receipt by Executive of an Excise Tax Gross-Up Payment or an amount advanced by AMIH pursuant to Section 7(c), Executive becomes entitled to receive any refund with respect to the Excise Tax to which such Excise Tax Gross-Up Payment relates or with respect to such claim, Executive shall (subject to AMIH’s complying with the requirements of Section 7(c), if applicable) promptly pay to AMIH the amount of such refund (together with any interest paid or credited thereon after taxes applicable thereto). If, after the receipt by Executive of an amount advanced by AMIH pursuant to Section 7(c), a determination is made that Executive shall not be entitled to any refund with respect to such claim and AMIH does not notify Executive in writing of its intent to contest such denial of refund prior to the expiration of 30 days after such determination, then such advance shall be forgiven and shall not be required to be repaid and the amount of such advance shall offset, to the extent thereof, the amount of Excise Tax Gross-Up Payment required to be paid.

Notwithstanding any other provision of this Section 7, AMIH may, in its sole discretion, withhold and pay over to the Internal Revenue Service or any other applicable taxing authority, for the benefit of Executive, all or any portion of any Excise Tax Gross-Up Payment, and Executive hereby consents to such withholding.

		f.	Any other liability for unpaid or unwithheld Excise Taxes shall be borne exclusively by AMIH, in accordance with Section 3403 of the Code. The foregoing sentence shall not in any manner relieve AMIH of any of its obligations under this Employment Agreement.

		g.	Definitions. The following terms shall have the following meanings for purposes of this Section 7:

			(i)	“Code” shall mean the Internal Revenue Code of 1986, as amended.

			(ii)	“Excise Tax” shall mean the excise tax imposed by Section 4999 of the Code, together with any interest or penalties imposed with respect to such excise tax.

			(iii)	“Parachute Value” of a Payment shall mean the present value as of the date of the change of control for purposes of Section 280G of the Code of the portion of such Payment that constitutes a “parachute payment” under Section 280G(b)(2), as determined by the Accounting Firm for purposes of determining whether and to what extent the Excise Tax will apply to such Payment.

			(iv)	A “Payment” shall mean any payment or distribution in the nature of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for the benefit of Executive, whether paid or payable pursuant to this Agreement or otherwise.

			(v)	The “Safe Harbor Amount” shall mean 2.99 times Executive’s “base amount,” within the meaning of Section 280G(b)(3) of the Code.

			(vi)	“Value” of a Payment shall mean the economic present value of a Payment as of the date of the change of control for purposes of Section 280G of the Code, as determined by the Accounting Firm using the discount rate required by Section 280G(d)(4) of the Code.

	8.	Successors. This Agreement is personal to Executive and without the prior written consent of AMIH shall not be assignable by Executive otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by Executive’s legal representatives. This Agreement shall inure to the benefit of and be binding upon AMIH and its successors and assigns.

	9.	Miscellaneous.

Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Texas, without reference to principles of conflict of laws. The captions of this Agreement are not part of the provisions hereof and shall have no force or effect. This Agreement may not be amended or modified otherwise than by a written agreement executed by the parties hereto or their respective successors and legal representatives.

Arbitration. To the fullest extent allowed by law, any controversy, claim or dispute between Executive and AMIH (and/or any of its owners, directors, officers, employees, affiliates, or agents) relating to or arising out of Executive’s employment or the cessation of that employment will be submitted to final and binding arbitration in the County of Dallas, State of Texas, for determination in accordance with the American Arbitration Association’s (“AAA”) National Rules for the Resolution of Employment Disputes, as the exclusive remedy for such controversy, claim or dispute. In any such arbitration, the parties may conduct discovery in accordance with the applicable rules of the arbitration forum, except that the arbitrator shall have the authority to order and permit discovery as the arbitrator may deem necessary and appropriate in accordance with applicable state or federal discovery statutes. The arbitrator shall issue a reasoned, written decision, and shall have full authority to award all remedies which would be available in court. The parties shall share the filing fees required for the arbitration, provided that Executive shall not be required to pay an amount in excess of the filing fees required by a federal or state court with jurisdiction. AMIH shall pay the arbitrator’s fees and any AAA administrative expenses. The award of the arbitrator shall be final and binding upon the parties and may be entered as a judgment in any Texas court of competent jurisdiction and the parties hereby consent to the exclusive jurisdiction of the courts of Texas. Possible disputes covered by the above include (but are not limited to) unpaid wages, breach of contract, torts, violation of public policy, discrimination, harassment, or any other employment-related claims under laws including but not limited to, Title VII of the Civil Rights Act of 1964, the Americans With Disabilities Act, the Age Discrimination in Employment Act, the Texas Fair Employment and Housing Act, the Texas Labor Code, and any other statutes or laws relating to an employee’s relationship with his/her employer, regardless of whether such dispute is initiated by the employee or AMIH. Thus, this bilateral arbitration agreement applies to any and all claims that AMIH may have against an employee, including but not limited to, claims for misappropriation of AMIH property, disclosure of proprietary information or Trade secrets, interference with contract, Trade libel, gross negligence, or any other claim for alleged wrongful conduct or breach of the duty of loyalty by an employee. However, notwithstanding anything to the contrary contained herein, AMIH and Executive shall have their respective rights to seek and obtain injunctive relief with respect to any controversy, claim or dispute to the extent permitted by law. Claims for workers’ compensation benefits and unemployment insurance (or any other claims where mandatory arbitration is prohibited by law) are not covered by this arbitration agreement, and such claims may be presented by either Executive or AMIH to the appropriate court or government agency. BY AGREEING TO THIS BINDING ARBITRATION PROVISION, BOTH EXECUTIVE AND AMIH GIVE UP ALL RIGHTS TO TRIAL BY JURY. This arbitration agreement is to be construed as broadly as is permissible under applicable law.

Notices. All notices and other communications hereunder shall be in writing and shall be given by hand delivery to the other party or by registered or certified mail, return receipt requested, postage prepaid, addressed as follows:

	If to Executive: at Executive’s most recent address on the records of AMIH

	If to AMIH:

	5000 Collin McKinney Parkway, Suite 120
	McKinney, TX 75070
	Attn: Jacob Cohen, CEO

	or to such other address as either party shall have furnished to the other in writing in accordance herewith. Notice and communications shall be effective when actually received by the addressee.

Sarbanes-Oxley Act of 2002. Notwithstanding anything herein to the contrary, if AMIH determines, in its good faith judgment, that any Transfer or deemed Transfer of funds hereunder is likely to be construed as a personal loan prohibited by Section 13(k) of the Exchange Act and the rules and regulations promulgated thereunder, then such Transfer or deemed Transfer shall not be made to the extent necessary or appropriate so as not to violate the Exchange Act and the rules and regulations promulgated thereunder.

		e.	Severability. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement. In the event any provision or term hereof is deemed to have exceeded applicable legal authority or shall be in conflict with applicable legal limitations, such provision shall be reformed and rewritten as necessary to achieve consistency and compliance with such applicable law.

		f.	Withholding. AMIH may withhold from any amounts payable under this Agreement such Federal, state, local or foreign taxes as shall be required to be withheld pursuant to any applicable law or regulation. In addition, notwithstanding any other provision of this Agreement, AMIH may, in its sole discretion, withhold and pay over to the Internal Revenue Service or any other applicable taxing authority, for the benefit of Executive, all or any portion of any Excise Tax Gross-Up Payment and Executive hereby consents to such withholding.

		g.	No Waiver. Executive’s or AMIH’s failure to insist upon strict compliance with any provision of this Agreement or the failure to assert any right Executive or AMIH may have hereunder, including, without limitation, the right of Executive to terminate employment for Good Reason pursuant to Section 3(c) of this Agreement, shall not be deemed to be a waiver of such provision or right or any other provision or right of this Agreement.

		h.	Entire Agreement. As of the Effective Date, this Agreement, the Non-Disclosure Agreement , the Non-Competition Agreement, each of which is being entered into between the parties concurrently herewith, and any equity award agreements entered into between AMIH and Executive, constitute the final, complete and exclusive agreement between Executive and AMIH with respect to the subject matter hereof and replaces and supersedes any and all other agreements, offers or promises, whether oral or written, made to Executive by AMIH or any representative thereof. Effective as of the Effective Date, the Employment Agreement dated January 1, 2007, by and between Executive and AMIH is terminated, and is of no further force or effect whatsoever.

		i.	Consultation With Counsel. Executive acknowledges that Executive has had a full and complete opportunity to consult with counsel and other advisors of Executive’s own choosing concerning the terms, enforceability and implications of this Agreement, and that AMIH has not made any representations or warranties to Executive concerning the terms, enforceability or implications of this Agreement other than as reflected in this Agreement.

		j.	Counterparts. This Agreement may be executed simultaneously in two counterparts, each of which shall be deemed an original but which together shall constitute one and the same instrument.

IN WITNESS WHEREOF, Executive has hereunto set Executive’s hand and, pursuant to the authorization from the Board, AMIH has caused these presents to be executed in its name on its behalf, all as of the day and year first above written.

EXECUTIVE		AMERICAN INTERNATIONAL HOLDINGS CORP.

		By:
Name:	Alan Hernandez	Name:	Jacob D. Cohen
		Title:	CEO

EXHIBIT “A”

SAMPLE FORM RELEASE

For a valuable consideration, the receipt and adequacy of which are hereby acknowledged, the undersigned does hereby release and forever discharge the “Releases” hereunder, consisting of AMERICAN INTERNATIONAL HOLDINGS CORP and each of its subsidiaries, associates, affiliates, successors, heirs, assigns, agents, directors, officers, employees, representatives, lawyers, insurers, and all persons acting by, through, under or in concert with them, or any of them, of and from any and all manner of action or actions, cause or causes of action, in law or in equity, suits, debts, liens, contracts, agreements, promises, liability, claims, demands, damages, losses, costs, attorneys’ fees or expenses, of any nature whatsoever, known or unknown, fixed or contingent to the extent permissible under applicable law (hereinafter called “Claims”), which the undersigned now has or may hereafter have against the Releases, or any of them, by reason of any matter, cause, or thing whatsoever from the beginning of time to the date hereof. The Claims released herein include, without limiting the generality of the foregoing, any Claims in any way arising out of, based upon, or related to the employment or termination of employment of the undersigned by the Releases, or any of them; any alleged breach of any express or implied contract of employment; any alleged torts or other alleged legal restrictions on Releasee’s right to terminate the employment of the undersigned; and any alleged violation of any federal, state or local statute or ordinance including, without limitation, Title VII of the Civil Rights Act of 1964, the Age Discrimination In Employment Act, the Americans With Disabilities Act, and the Texas Fair Employment and Housing Act.

THE UNDERSIGNED ACKNOWLEDGES THAT HE HAS BEEN ADVISED BY LEGAL COUNSEL AND IS FAMILIAR WITH THE PROVISIONS OF TEXAS CIVIL CODE SECTION 1542, WHICH PROVIDES AS FOLLOWS:

“A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.”

THE UNDERSIGNED, BEING AWARE OF SAID CODE SECTION, HEREBY EXPRESSLY WAIVES ANY RIGHTS HE MAY HAVE THEREUNDER, AS WELL AS UNDER ANY OTHER STATUTES OR COMMON LAW PRINCIPLES OF SIMILAR EFFECT.

IN ACCORDANCE WITH THE OLDER WORKERS BENEFIT PROTECTION ACT OF 1990, THE UNDERSIGNED IS HEREBY ADVISED AS FOLLOWS:

(A) HE HAS THE RIGHT TO CONSULT WITH AN ATTORNEY BEFORE SIGNING THIS RELEASE;

(B) HE HAS TWENTY-ONE (21) DAYS TO CONSIDER THIS RELEASE BEFORE SIGNING IT; AND

(C) HE HAS SEVEN (7) DAYS AFTER SIGNING THIS RELEASE TO REVOKE THIS RELEASE, AND THIS RELEASE WILL BECOME EFFECTIVE UPON THE EXPIRATION OF THAT REVOCATION PERIOD.

The undersigned represents and warrants that there has been no assignment or other transfer of any interest in any Claim which he may have against Releases, or any of them, and the undersigned agrees to indemnify and hold Releases, and each of them, harmless from any liability, Claims, demands, damages, costs, expenses and attorneys’ fees incurred by Releases, or any of them, as the result of any such assignment or transfer or any rights or Claims under any such assignment or transfer. It is the intention of the parties that this indemnity does not require payment as a condition precedent to recovery by the Releases against the undersigned under this indemnity.

The undersigned agrees that if he hereafter commences any suit arising out of, based upon, or relating to any of the Claims released hereunder or in any manner asserts against Releases, or any of them, any of the Claims released hereunder, then the undersigned agrees to pay to Releases, and each of them, in addition to any other damages caused to Releases thereby, all attorneys’ fees incurred by Releases in defending or otherwise responding to said suit or Claim.

The undersigned further understands and agrees that neither the payment of any sum of money nor the execution of this Release shall constitute or be construed as an admission of any liability whatsoever by the Releases, or any of them, who have consistently taken the position that they have no liability whatsoever to the undersigned.

IN WITNESS WHEREOF, the undersigned has executed this Release this _____ day of _____________, 20 .

EXECUTIVE


Name:

EXHIBIT “B”

CONFIDENTIALITY & NON-DISCLOSURE AGREEMENT

This Confidentiality and Non-Disclosure Agreement (“Agreement”) is made as of this 12^th day of April, 2019 by and between, American International Holdings Corp., a Nevada corporation (“AMIH”), and Alan Hernandez (“Executive”).

WHEREAS, concurrently with the execution of this Agreement, AMIH and Executive have entered into (i) an Employment Agreement, pursuant to which AMIH has agreed to employ Executive, and Executive has agreed to be employed by AMIH, as its Chief Marketing Officer (the “Employment Agreement”) and (ii) a Non-Competition Agreement (the “Non-Competition Agreement”);

WHEREAS, AMIH and Executive agree that, in connection with the execution of the Employment Agreement and Executive’s employment, Executive will not disclose AMIH proprietary information pursuant to the terms and conditions hereof;

WHEREAS, capitalized terms used herein without definition shall have the meanings ascribed thereto in the Employment Agreement.

NOW, THEREFORE, in furtherance of the foregoing and in exchange for good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties hereto hereby agree as follows:

Proprietary Information. Executive acknowledges that during the course of Executive’s employment with AMIH, Executive has had and will necessarily have access to and make use of proprietary information and confidential records of AMIH and its Affiliates. Executive covenants that Executive shall not, during the term of his employment with AMIH or at any time thereafter (irrespective of the circumstances under which Executive’s employment with AMIH terminates), directly or indirectly, use for Executive’s own purpose or for the benefit of any Person other than AMIH and its Affiliates, nor otherwise disclose, any proprietary information of which Executive has knowledge to any Person, unless such disclosure has been authorized in writing by AMIH or such Affiliates or is otherwise required by law. Executive acknowledges and understands that the term “proprietary information” includes, but is not limited to, patents, copyrights and Trade secrets such as: (a) designs, drawings, sketches, fabrics, accessories and ornaments utilized or incorporated in or proposed to be utilized or incorporated in any product of AMIH or its Affiliates; (b) the software products, programs, applications and processes utilized by or on behalf of AMIH and its Affiliates (other than off-the-shelf software programs); (c) the name and/or address of any customer or vendor of AMIH and its Affiliates or any information concerning the transactions or relations of any customer or vendor of AMIH and its Affiliates with AMIH or any of its stockholders, principals, directors, officers, employees or agents; (d) any information concerning any product, technology or procedure employed by or on behalf of AMIH and its Affiliates but not generally known to its customers, vendors or competitors, or under development by or being tested by or on behalf of AMIH and its Affiliates but not at the time offered generally to customers or vendors; (e) any proprietary information relating to AMIH’s computer software, computer systems, pricing or marketing methods, sales margins, cost or source of raw materials, supplies or goods, capital structure, operating results, borrowing arrangements or business plans; (f) any information which is generally regarded as confidential or proprietary in any line of business engaged in by or on behalf of AMIH and its Affiliates; (g) any business plans, budgets, advertising or marketing plans of AMIH or its Affiliates; (h) any information contained in any of the written or oral policies and procedures or manuals of AMIH or its Affiliates; (i) any information belonging to customers, vendors or Affiliates of AMIH and its Affiliates or any other individual or entity which AMIH and its Affiliates has agreed to hold in confidence; and (j) all written, graphic and other material (whether in writing on magnetic tape or in electronic or other form) relating to or containing any of the foregoing. Executive acknowledges and understands that information that is not novel or copyrighted or trademarked or patented may nonetheless be proprietary information. The term “proprietary information” shall not include information generally available to and known by the public, information developed independently by Executive or information that is or becomes available to Executive on a non-confidential basis from a source other than AMIH (or any of its Affiliates) or AMIH’s stockholders, principals, directors, officers, employees or agents (other than as a result of a breach of any obligation of confidentiality).

2.	Confidentiality and Surrender of Records. Executive shall not during the term of his employment with AMIH or at any time thereafter (irrespective of the circumstances under which Executive’s employment with AMIH terminates), except as required by law or as is necessary for the performance of Executive’s duties hereunder, directly or indirectly, publish, make known or in any fashion disclose any confidential records to, or permit any inspection or copying of confidential records by, any individual or entity, nor shall Executive retain, and will deliver promptly to AMIH, any of the same following termination of Executive’s employment hereunder for any reason or upon request by AMIH. The term “confidential records” means all correspondence, memoranda, files, manuals, books, designs, sketches, lists, financial, operating, or marketing records, magnetic tape, or electronic or other media or equipment or records of any kind which may be in Executive’s possession or under Executive’s control or accessible to Executive which contain any proprietary information. All confidential records shall be and remain the sole property of AMIH during the term of Executive’s employment and thereafter.

3.	Disclosure Required by Law. In the event Executive is required by law or court order to disclose any proprietary information or confidential records of AMIH, Executive shall provide AMIH with prompt written notice so that AMIH may seek a protective order or other appropriate remedy, and if such protective order or other remedy is not obtained, Executive shall furnish only that portion of the proprietary information or confidential records that is legally required.

4.	No Other Obligations. Executive represents and warrants to AMIH that Executive is not precluded or limited in Executive’s ability to undertake or perform the duties described herein by any contract, agreement or restrictive covenant. Executive covenants that Executive shall not employ thetra secrets or proprietary information of any other Person in connection with Executive’s employment by AMIH.

5.	Developments the Property of AMIH. All discoveries, inventions, designs, drawings, sketches, products, processes, methods and improvements conceived, developed or otherwise made by Executive at any time, alone or with others, and in any way relating to the present or future business or products of AMIH and its Affiliates, including fabric or other designs, whether or not subject to copyright protection and whether or not reduced to tangible form during the period of Executive’s employment with AMIH (collectively referred to as “Developments”), shall be the sole property of AMIH. Executive agrees to, and hereby does, assign to AMIH all of Executive’s right, title and interest throughout the world in and to all Developments. Executive agrees that all such Developments that are copyrightable shall constitute works made for hire under the copyright laws of the United States and Executive hereby assigns to AMIH all copyrights and other proprietary rights Executive may have in any such Developments to the extent that they might not be considered works made for hire. Any provision in this Agreement requiring Executive to assign Executive’s rights in all Developments shall not apply to an invention that qualifies fully under the provisions of Texas Labor Code section 2870, the terms of which are incorporated herein. Executive shall make and maintain adequate and current written records of all Developments, and shall disclose all Developments fully and in writing to AMIH promptly after development of the same, and at any time upon request; provided, however, that Developments excluded under the preceding sentence shall be received by AMIH in confidence.

6.	Enforcement. Executive acknowledges and agrees that, by virtue of Executive’s position, Executive’s services, and access to and use of confidential records and proprietary information, any violation by Executive of any of the undertakings contained in this Agreement would cause AMIH or its Affiliates immediate, substantial and irreparable injury for which it has no adequate remedy at law. Accordingly, Executive agrees that in the event of a breach by Executive of any said undertakings, AMIH will be entitled to temporary and permanent injunctive relief in any court of competent jurisdiction (without the need to post any bond and without proving that damages would be inadequate).

7.	Amendments. No amendment or modification to this Agreement shall be valid unless in writing signed by Executive and an authorized officer of AMIH.

8.	No Alteration of Employment Status. The execution of this Agreement shall not be construed in any manner to alter Executive’s employment with AMIH as provided in Executive’s Employment Agreement.

9.	Effect of Waiver. The waiver by any party of a breach of any provision of this Agreement will not operate or be construed as a waiver of any subsequent breach thereof or as a waiver of any other provisions of this Agreement. The remedies set forth herein are nonexclusive and are in addition to any other remedies that any party may have at law or in equity.

10.	Attorneys’ Fees. If any legal action, arbitration or other proceeding is brought for the enforcement of this Agreement, or because of an alleged dispute, breach or default in connection with any of the provisions of this Agreement, the prevailing party shall be entitled to recover attorneys’ fees and costs as set forth in the Employment Agreement.

11.	Notices. All notices and other communications hereunder shall be in writing and shall be given by hand delivery to the other party or by registered or certified mail, return receipt requested, postage prepaid, addressed as follows:

	If to Executive: at Executive’s most recent address on the records of AMIH,

	If to AMIH:

	5000 Collin McKinney Parkway, Suite 120
	McKinney, TX 75070
	Attn: Jacob Cohen, CEO

	or to such other address as either party shall have furnished to the other in writing in accordance herewith. Notice and communications shall be effective when actually received by the addressee.

12.

Miscellaneous. This Agreement is entered into and shall be governed and interpreted in accordance with the laws of the State of Texas, without regard to or application of choice of law rules or principles. It shall be binding upon and inure to the benefit of the parties, and to their respective heirs, personal representatives, successors and assigns. In the event that any provision of this Agreement is found by a court, arbitrator or other tribunal to be illegal, invalid or unenforceable, then the remaining provisions of this Agreement shall not be voided, but shall be enforced to the maximum extent permissible by law.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first set forth above.

EXECUTIVE		AMERICAN INTERNATIONAL HOLDINGS CORP.

		By:
Name:	Alan Hernandez	Name:	Jacob D. Cohen
		Title:	CEO

EXHIBIT “C”

NON-COMPETITION AGREEMENT

This Non-Competition Agreement (this “Agreement”) is dated as of 12^th day of April, 2019 by and between, American International Holdings Corp., a Nevada corporation (“AMIH”), and Alan Hernandez (“Executive”).

WHEREAS, concurrently with the execution of this Agreement, AMIH and Executive have entered into (i) an Employment Agreement, pursuant to which AMIH has agreed to employ Executive, and Executive has agreed to be employed by AMIH, as its Chief Marketing Officer (the “Employment Agreement”) and (ii) a Confidentiality and Non-Disclosure Agreement (the “Non-Disclosure Agreement”);

WHEREAS, AMIH and Executive agree that, in connection with the execution of the Employment Agreement and Executive’s employment, Executive will not engage in competition with AMIH pursuant to the terms and conditions hereof;

WHEREAS, capitalized terms used herein without definition shall have the meanings ascribed thereto in the Employment Agreement.

1.	Noncompetition; Nonsolicitation.

	(a)	During the Employment Period and, if Executive’ employment is terminated by AMIH or Executive terminates his employment with AMIH for any reason, for one (1) year thereafter, Executive shall not engage in Competition (as defined below) with AMIH or any of its Affiliates.

	(b)	The term “Competition” for purposes of this Agreement shall mean the taking of any of the following actions by Executive in any county in the United States: (i) the conduct of, directly or indirectly (including, without limitation, engaging in, assisting or performing services for), any business that engages in any activity which is directly competitive with the business of AMIH, whether such business is conducted by Executive individually or as principal, partner, officer, director, consultant, security holder, creditor, employee, stockholder, member or manager of any person, partnership, corporation, limited liability company or any other entity; and/or (ii) ownership of interests in any business which is competitive, directly or indirectly, with any business carried on by AMIH (or any successor thereto) or its Affiliates.

	(c)	During the Employment Period, and for one (1) year thereafter, Executive shall not, directly or indirectly, solicit the employment of or employ any person who is then or has been within three (3) months prior to the time of such action, an employee of AMIH, or any Affiliate of AMIH.

	(d)	During the Employment Period, and for one (1) year thereafter, Executive agrees that upon the earlier of Executive’s (x) negotiating with any Person concerning the possible employment of Executive by such Person in Competition with AMIH, (y) receiving an offer of employment from any Person in Competition with AMIH, or (z) becoming employed by any Person in competition with AMIH, Executive will (A) immediately provide notice to AMIH of such circumstances and (B) provide copies of this Agreement to such Person. Executive further agrees that AMIH may provide notice to any such Person of Executive’s obligations under this Agreement.

Specific Performance. Executive acknowledges that in the event of breach or threatened breach by Executive of the terms of Section 1 hereof, AMIH could suffer significant and irreparable harm that could not be satisfactorily compensated in monetary terms, and that the remedies at law available to AMIH may otherwise be inadequate and AMIH shall be entitled, in addition to any other remedies to which it may be entitled to under law or in equity, to specific performance of this Agreement by Executive including the immediate ex parte issuance, without bond, of a temporary restraining order enjoining Executive from any such violation or threatened violation of Section 1 hereof and to exercise such remedies cumulatively or in conjunction with all other rights and remedies provided by law and not otherwise limited by this Agreement. Executive hereby acknowledges and agrees that AMIH shall not be required to post bond as a condition to obtaining or exercising any such remedies, and Executive hereby waives any such requirement or condition.

3.	Reasonableness of Covenants. Executive agrees that all of the covenants contained in this Agreement are reasonably necessary to protect the legitimate interests of AMIH and its affiliates, are reasonable with respect to time and territory and that he has read and understands the descriptions of the covenants so as to be informed as to their meaning and scope.

4.	Attorneys’ Fees. If any legal action, arbitration or other proceeding is brought for the enforcement of this Agreement, or because of an alleged dispute, breach or default in connection with any of the provisions of this Agreement, the prevailing party shall be entitled to recover attorneys’ fees and costs as set forth in the Employment Agreement.

5.	No Alteration of Employment Status. The execution of this Agreement shall not be construed in any manner to alter Executive’s employment with AMIH as provided in the Employment Agreement.

6.	Effect of Waiver. The waiver by either party of a breach of any provision of this Agreement will not operate or be construed as a waiver of any subsequent breach thereof or as a waiver of any other provision of this Agreement. The remedies set forth herein are nonexclusive and are in addition to any other remedies that AMIH may have at law or in equity.

7.	Severability. Any provision of this Agreement which is deemed invalid, illegal or unenforceable in any jurisdiction shall, as to that jurisdiction and subject to this paragraph, be ineffective to the extent of such invalidity, illegality or unenforceability, without affecting in any way the remaining provisions hereof in such jurisdiction or rendering that any other provisions of this Agreement invalid, illegal or unenforceable in any other jurisdiction. Notwithstanding the foregoing, if any provision of this Agreement should be deemed invalid, illegal or unenforceable because its scope or duration is considered excessive, such provision shall be modified so that the scope of the provision is reduced only to the minimum extent necessary to render the modified provision valid, legal and enforceable.

8.	Governing Law. This Agreement shall be governed, construed, interpreted and enforced in accordance with the laws of the State of Texas, without regard to the conflict of laws principles thereof. The parties irrevocably elect as the sole judicial forum for the adjudication of any matters arising under or in connection with this Agreement, and consent to the exclusive jurisdiction of, the federal and state courts of the State of Texas.

9.	Entire Agreement. This Agreement, together with the Employment Agreement, the Non-Disclosure Agreement and any equity award agreements between Executive and AMIH, contains the entire agreement and understanding between AMIH and Executive with respect to the subject matter hereof, and no representations, promises, agreements or understandings, written or oral, not herein or therein contained shall be of any force or effect.

10.	Assignment. This Agreement may not be assigned by Executive, but may be assigned by AMIH to any successor to its business and will inure to the benefit of and be binding upon any such successor.

11.	Notice. All notices and other communications hereunder shall be in writing and shall be given by hand delivery to the other party or by registered or certified mail, return receipt requested, postage prepaid, addressed as follows:

	If to Executive: at Executive’s most recent address on the records of AMIH,

	If to AMIH:

	5000 Collin McKinney Parkway, Suite 120
	McKinney, TX 75070
	Attn: Jacob Cohen, CEO

	or to such other address as either party shall have furnished to the other in writing in accordance herewith. Notice and communications shall be effective when actually received by the addressee.

12.	Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument.

13.	Amendments. No amendment or modification to this Agreement shall be valid unless in writing signed by Executive and an authorized officer of AMIH.

14.	Executive’s Acknowledgment. Executive acknowledges (a) that he has had the opportunity to consult with independent counsel of his own choice concerning this Agreement, and (b) that he has read and understands this Agreement, is fully aware of its legal effect, and has entered into it freely based on his own judgment.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date and year first above written.

EXECUTIVE		AMERICAN INTERNATIONAL HOLDINGS CORP.

		By:
Name:	Alan Hernandez	Name:	Jacob D. Cohen
		Title:	CEO