0001829126-24-004312 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • June 18th, 2024 • Vivakor, Inc. • Refuse systems • California

THIS EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of June 13, 2024 (“Effective Date”), by and between Vivakor, Inc., a Nevada corporation (the “Company”), and Tyler Nelson, an individual (the “Executive”).

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VIVAKOR, INC.
Incentive Stock Option Agreement • June 18th, 2024 • Vivakor, Inc. • Refuse systems • Nevada

Vivakor, Inc. (the “Company”), hereby grants an Option to purchase shares of its common stock (“Shares”) to the Optionee named below. The terms and conditions of the Option are set forth in this cover sheet, in the attachment and in the Company’s 2021 Equity Incentive Plan (the “Plan”).

SETTLEMENT AGREEMENT
Settlement Agreement • June 18th, 2024 • Vivakor, Inc. • Refuse systems

This Settlement Agreement (“Agreement”) is entered into effective this 8th day of June, 2024 by and between Vivakor, Inc., a Nevada corporation (“Vivakor”) and Tyler Nelson, an individual (“Nelson”). Vivakor and Nelson shall each be referred to as a “Party” and collectively as the “Parties.”

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