EX-10 3 ex102consultingagreement.htm Converted by EDGARwiz

CONSULTING AGREEMENT

This CONSULTING AGREEMENT (this Agreement) is entered into as of [      ],

2022,  (the  Effective  Date)  by  and  between  Frontera  Group  Inc.,  a  Nevada  corporation  (the

Company)   and   Long   Side   Ventures,   LLC,   a   Florida   limited   liability   company,   (the

Consultant).

WHEREAS,  the  Company  desires  to  engage  Consultant  to  provide  certain  Services  (as

defined  in  Section  3  below)  for  compensation,  and  Consultant  desires  to  provide  the  Services  to

the Company, upon the terms and subject to the conditions set forth below.

NOW,  THEREFORE,  in  consideration  of  the  premises  and  mutual  covenants  contained

herein,  and  for  other  good  and  valuable  consideration,  the  receipt  and  adequacy  of  which  are

hereby acknowledged, the parties hereto hereby agree as  follows:

1.

Engagement.   The  Company  hereby  engages  Consultant  to  provide  the  Services  during

the  Term  (as  defined  below),  and  Consultant  hereby  accepts  such  engagement  to  provide

the Services during the Term (the Engagement).

2.

Term of Engagement; Termination.

a.

Term.  The Engagement shall commence on the Effective Date and shall terminate

on the five-month anniversary thereof, unless earlier terminated in accordance with Section

2(b) below (the Term).

b.

Termination.   This Agreement may be  terminated by Consultant or the  Company

at any time upon thirty (30) days prior written notice of such termination to the other party.

c.

Effect  of  Termination.    In  the  event  of  a  termination  of  this  Agreement,  (i)

Consultant  shall  remain  entitled  to  receive  all  of  the  Consulting  Shares  (as  defined  in

Section  5)  and  (ii)  the  Company  shall  reimburse  Consultant  for  all  expenses  previously

approved  by  the  Company  and  incurred  by  Consultant  in  connection  with  Consultants

Engagement.

3.

Services  to  be  Provided  by  Consultant.    During  the  Term,  Consultant  shall  provide

services  to  the  Company  as  set  forth  on  Exhibit  A,  as  well  as  any  other  services  that  are

mutually  agreed  between  the  parties  hereto  (collectively,  the  Services).  The  parties

hereto acknowledge and agree that the Services to be provided are in the nature of advisory

services only, and Consultant shall have no responsibility or obligation for execution of the

Companys business or any aspect thereof nor shall Consultant have any ability to obligate

or bind the  Company in  any respect.   Consultant shall have  control over the time, method

and  manner of  performing the  Services. Consultant  shall render such services as are  from

time to time requested by the Companys management. The Parties acknowledge and agree

that Consultant is not a Registered Broker-Dealer and that Consultant shall not participate

and shall have no obligation to participate in any actions that would require the Consultant

to be registered as a broker-dealer or a registered representative of a broker-dealer.

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4.

Company Obligations. The Parties agree that throughout the term of this Agreement, the

Company  shall,  at  its  sole  expense,  cooperate  and  deliver  all  documents  and  information

to Consultant, as reasonably requested by Consultant, without unreasonable delay so  as to

allow Consultant to render the services provided in this Agreement.

a.    The  Parties  acknowledge  and  agree  that  during  the  term  of  this  Agreement:   (a)

Consultant  shall  have  the  right,  in  its  sole  discretion,  to  determine  the  suitability

and  form  of  services to  be  render  to  the  Company;  (b)  the  Company  shall  assume

and  at  all  times  retain  an  obligation  to  provide  timely,  accurate,  and  complete

information  and  documents  to  Consultant, as  reasonably  requested by  Consultant;

and  (c)  Consultants  obligations  under  this  Agreement  are,  at  all  times,  subject  to

the Companys delivery of documents to Consultant that are, at the time of delivery,

timely,  accurate,  and  complete.  In  the  event  that  the  Company  fails  to  fulfill  its

obligations  under  this  Section  4.a,  such  failure  shall  be  considered  a  material

breach of this Agreement.

b.   The Parties agree that the Company shall be solely responsible for the accuracy and

completeness   of   the   information,   documents   (including,   but   not   limited   to,

information,  memoranda,  press  releases,  public  announcements,  and  other  similar

statements) that the Company issues or delivers, directly or indirectly, to Consultant

and  all  other  third  parties  regarding  the  Company,  its  affairs,  plans,  or  future

prospects   and   the   representations   contain   in   any   of   them   (the   Companys

Statements).  At  all  times  during  the  term  of  this  Agreement,  the  Company  shall,

upon  reasonable  receipt  of  any  request  from  Consultant,  provide  Consultant  with

prompt  written  confirmation  of  the  accuracy  and  completeness  of  the  Companys

Statements.   Further,  the  Parties  agree  that  Consultants  sole  responsibility  is  to

ensure  that  the  statements  and  information  it  distributes  or  publishes  is  consistent

with the Companys Statements; and

c.    The Company will promptly review materials created and submitted by Consultant

and inform Consultant, in writing of any inaccuracies contained therein prior to the

distribution of said materials by Consultant to other parties.

5.

Compensation.   In  consideration  for  the  Services  to  be  provided  hereunder,  Consultant

shall receive a consulting fee equal to $30,000 per month, payable in advance on a monthly

basis  (the  Monthly  Consulting  Fee)  and  due  no  later  than  the  5th  day  of  each  month

during which services are to be provided. At the Consultants sole election, Consultant may

elect  to  receive  payment  of  the  Monthly  Consulting  Fee  in  shares  of  the  Companys

common  stock  if  the  Company  has  a  then  qualified  offering  pursuant  to  Regulation  A  (a

Qualified Regulation A Offering) and such shares are issued pursuant to such Qualified

Regulation  A  Offering.  The  number   of  shares   issuable  in  payment  thereof  shall  be

calculated  by  dividing  the  offering  price  of  the  Companys  common  stock  as  set  forth  in

the  Qualified  Regulation  A  Offering  by  the  Monthly  Consulting  Fee.  If  the  Consultant

elects to be paid the Monthly Consulting Fee in shares instead of cash, the Consultant may

elect to accelerate the payment of the remaining amounts that could become due under this

Agreement and receive that number of shares equal to the aggregate amount of the Monthly

Consulting  Fees  remaining  under  this  Agreement  divided  by  the  Regulation  A  offering

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Price. Notwithstanding the foregoing, the Company shall not issue a number of shares that

would  cause  the  Consultant  to  own  more  than  9.9%  of  issued  and  standing  shares  of  the

Company. In such case were the election by the Consultant would result in the issuance of

a  number  of  shares  in  excess  of  9.9%  then  the  Company  shall  retain  such  number  of

additional  shares  for  issuance  to  the  Consultant  at  such  later  date  so  that  the  Consultant

does not own more than 9.9% of the issued and outstanding shares of the Company.

a.    Should there be a change in control (as defined below) of the Company prior to the

completion of this Agreement the total of the unpaid Monthly Consulting Fees shall

become  immediately  due  and  payable  either  in  cash  or  in  shares  of  Company

common stock issued pursuant to a Qualified Regulation A Offering.

b.   For the purposes of this Section 5, Change in Control means:

i.   any person or entity becoming the beneficial owner, directly or indirectly,

of securities of the Company representing forty (40%) percent of the total

voting power of all its then outstanding voting securities;

ii.  a merger or consolidation of the Company in which its voting securities

immediately prior to the merger or consolidation do not represent, or are

not converted into securities that represent, a majority of the voting power

of all voting securities of the surviving entity immediately after the merger

or consolidation;

iii. a sale of substantially all the assets of the Company or a liquidation or

dissolution of the Company; or

iv. individuals who, as of the date of the signing of this Agreement, constitute

the Board of Directors (the Incumbent Board) cease for any reason to

constitute at least a majority of such Board; provided that any individual

who becomes a director of the Company subsequent to the date of the

signing of this Agreement, whose election, or nomination for election by

the Company stockholders, was approved by the vote of at least a majority

of the directors then in office shall be deemed a member of the Incumbent

Board.

6.

Expenses.  The Company shall reimburse Consultant for all reasonable expenses incurred

by  Consultant  in  providing  the  Services  hereunder  no  later  than  thirty  (30)  days  after  the

submission of an invoice evidencing such expenses in a form reasonably satisfactory to the

Company.

7.

No  Exclusivity.    The  Company  hereby  acknowledges  and  agrees  that  nothing  in  this

Agreement  shall  prohibit  Consultant  from  continuing  to  provide  services  similar  to  the

Services to other companies or otherwise engaging in Consultants business activities.

8.

Independent  Contractor  Status.   It  is  understood  and  agreed  that  in  the  performance  of

the  Services  hereunder,  Consultant  is  acting  as  an  independent  contractor  and  not  as  an

agent  or  employee  of,  or  partner,  joint  venturer  or  in  any  other  relationship  with,  the

Company.  Consultant acknowledges that no income, social security or other taxes will be

withheld  or  accrued  by  the  Company,  on  Consultants  behalf.   Neither  the  Company  nor

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Consultant  has  the  authority  to  bind  the  other  in  any  agreement  without  the  prior  written

consent of the entity to be bound.

9.

Confidentiality.  In connection with Consultants Engagement, it is contemplated that the

Company  may  supply  Consultant  with  non-public  or  proprietary  information  concerning

the  Company  and  its  business  and  operations  and  affiliates  relating  to  certain  privileged

and  confidential  business,  financial  and  technical  matters that  it  would  like  Consultant  to

evaluate  or  in  relation  to  the  provision  of  the  Services  (Confidential  Information).

These  disclosures will  be  given  in  strict  secrecy  and  confidence  and  Consultant  agrees  to

use its best efforts to protect the integrity and confidentiality of the Proprietary Information.

As  used  herein,  Confidential  Information  means  any  and  all  non-public  data,  ideas  and

information, in  whatever form,  tangible or  intangible, which  is provided  to  Consultant by

the Company in connection with the Agreement.

10.

Publicity.   No  party  hereto shall disclose  the  existence or  terms of  this Agreement to  any

person  or  entity  without  the  prior written  consent of  the  other  party  hereto, except  for the

Companys obligation to  report  the terms of this Agreement  in its filings with the  SEC or

for the issuance of the shares pursuant to Section 5, above

11.

Legal  Representation.   Each  party  hereto  acknowledges  that  it  has  been  represented  by

independent legal counsel in the preparation of the Agreement.  Each party recognizes and

acknowledges that counsel to the Company has represented Consultant in connection with

various  legal  matters  and  each  party  waives  any  conflicts  of  interest  or  other  allegations

that it has not been represented by its own counsel.

12.

Consultant Representations.  In connection with the Consulting Shares to be acquired by

Consultant hereunder, Consultant represents and warrants to the Company that:

a.

Consultant acknowledges that Consultant has been afforded  the opportunity to ask

questions of and receive  answers from  duly authorized officers to other representatives of

the  Company  concerning  an  investment  in  the  Consulting  Shares,  and  any  additional

information which Consultant has requested.

b.

Consultant  has  had  experience  in  investments  in  restricted  and  publicly  traded

securities,  and  has  had  experience  in  investments  in  speculative  securities  and  other

investments which  involved the risk of loss of investment.  Consultant acknowledges that

an  investment  in  the  Consulting  Shares  is  speculative  and  involves  the  risk  of  loss.

Consultant  has  the  requisite  knowledge  to  assess  the  relative  merits  and  risks  of  this

investment  and  Consultant  can  afford  the  risk  of  loss  of  his  entire  investment  in  the

Consulting Shares.

c.

Consultant  is  an  accredited  investor,  as  that  term  is  defined  in  Regulation  D

promulgated under the Securities Act of 1933.

d.

Consultant  is  acquiring  the  Consulting  Shares  for  Consultants  own  account  for

investment and not with  a view  toward resale or distribution thereof except in accordance

with applicable securities laws.

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13.

General Terms.

a.

Any  notice  to  be  given  hereunder  by  a  party  to  any  other  party  hereto  may  be

effectuated  in writing  by personal  delivery, by  mail, registered or certified, postage prepaid, with

return  receipt  requested,  or  by  facsimile  or  other  electronic  transmission  and  addressed  to  such

party at the address set forth on the signature page below.

b.

If   any   provision   of   this   Agreement   is   determined   by   a   court   of   competent

jurisdiction  to  be  invalid  or unenforceable,  that  provision  shall  be  deemed  modified  to  the  extent

necessary  to  make  it  valid  or  enforceable,  or  if  it  cannot  be  so  modified,  then  severed,  and  the

remainder of the Agreement shall continue in full force  and effect.

c.

All questions concerning the construction, validity, enforcement and interpretation

of  this  Agreement  shall  be  governed  by  and  construed  and  enforced  in  accordance with  the  laws

of  the  State  of  Florida,  without  regard  to  the  principles  of  conflicts  of  law  thereof.   Each  party

agrees that all legal proceedings concerning the interpretations and enforcement of this Agreement

(whether brought against a party hereto or its respective affiliates, directors, officers, shareholders,

employees or agents) shall be commenced exclusively in the state  and federal courts sitting in the

City  of  Miami.  Each  party  hereto  hereby  irrevocably  submits  to  the  exclusive  jurisdiction  of  the

state  and  federal courts sitting  in the City of Miami  for the adjudication  of any dispute  hereunder

or  in  connection  herewith  or  with  respect  to  the  enforcement  of  this  Agreement,  and  hereby

irrevocably  waives, and  agrees  not  to assert  in  any  suit,  action  or  proceeding,  any  claim  that  it  is

not  personally  subject  to  the  jurisdiction  of any  such court.  Each party hereto  hereby  irrevocably

waives personal service of process and consents to process being served in any such suit, action or

proceeding by delivering a copy thereof via overnight delivery (with evidence of delivery) to such

party  at  the  address  in  effect  for  notices  to  it  under  this  Agreement  and  agrees  that  such  service

shall constitute good and sufficient service of process and notice thereof.

d.

This  Agreement  embodies  the  entire  understanding  of  the  parties  hereto  with

respect  to  the  subject  matter  hereof,  and  supersedes  all  prior  or  contemporaneous  agreements,

arrangements or understandings with respect to the subject matter hereof, whether oral or written.

e.

This  Agreement  may  not  be  modified,  and  no  except  in  a  writing  signed  by  the

parties hereto.

f.

No term of this Agreement may be waived, except in a writing signed by the party

hereto entitled to the benefit of such term.

g.

Each  party  hereto  represents  and  agrees  that  such  party  is  authorized  to  enter  into

this Agreement and this Agreement constitutes a legal, valid and binding obligation of such party,

enforceable in accordance with its terms.  This Agreement may not be assigned by any party.

h.

This Agreement  may  be executed in  one  or more counterparts each of which  shall

be  deemed  an  original  and  all  of  which  counterparts,  taken  together,  shall  constitute  one  and  the

same Agreement.

[SIGNATURE PAGE FOLLOWS]

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!

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IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year

first above written.

Long Side Ventures, LLC

Frontera Group, Inc.

By:

By:

Name: Ben Kaplan

Name:  Andrew De Luna

Title:   Manager

Title:    CEO

Address for Notice:

Address for Notice:

13005 Coronado LN

140-75 Ash Avenue

North Miami, FL 33181

Suite 2C

Flushing, NY 1135

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EXHIBIT A

Services

Long Side Ventures, LLC will provide the following services to Progressive Care, Inc. pursuant

to an executed consulting agreement:

1.   Provide Strategic Advice on Capital Markets Strategies and uplisting to Nasdaq or other

National Market, and debt restructuring.

2.   Introduce the Company to investment banks, underwriters, and specialists in uplisting.

3.   Introduce potential Merger and Acquisitions candidates

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