THIS AGREEMENT is made as of the 1st Day of November 1, 2021 BETWEEN:

1.1

Subject to the earlier termination of this Agreement as hereinafter provided, the CORPORATION hereby agrees employ the EMPLOYEE as President and Chief Executive Officer in accordance with the terms and provisions hereof.

1.2

The EMPLOYEE shall be responsible for and shall have such authority as is consistent with the position of President and CEO of the CORPORATION all subject to the power, direction and control of the Board of Directors of the CORPORATION.

1.3

Notwithstanding Section 1.2 hereof, the EMPLOYEE’S services hereunder shall be provided on the basis of the following terms and conditions:

1.4

The EMPLOYEE agrees to devote the whole of his time, attention and best efforts to further the business and interests of the CORPORATION during the period of this Agreement to the exclusion of all other employment. Except in the case where the EMPLOYEE is permitted to be a director and specifically a director of My Path Metbolix Inc.

1.5

It is acknowledged and agreed between the parties hereto that the services to be provided by the EMPLOYEE hereunder are of such nature that regular business may be impossible and that the EMPLOYEE may be required to perform services in excess of eight (8) hours per day or five (5) days per week. It is also anticipated that there will be certain evenings, weekends and holidays during which the EMPLOYEE may be required to provide services. The EMPLOYEE therefore agrees that the consideration herein set forth shall be in full and complete consideration herein set forth shall be in full and complete satisfaction for his work and services to be provided hereunder, no matter when and how performed and the EMPLOYEE releases the CORPORATION from any additional pay or compensation, whatsoever which he might have by reason of any existing or future legislation or otherwise.

1.6

The services to be carried out and performed by the EMPLOYEE shall be carried out and performed in the City of Calgary in the Province of Alberta, or such other places as may be mutually agreed between the EMPLOYEE and the CORPORATION. It is understood that a reasonable amount of business travel outside of Calgary may be required.

2.1

Subject to earlier termination pursuant to the terms hereof, this contract for services shall be for an indefinite term from and including the date hereof,

3.1

In consideration of the services to be provided by the EMPLOYEE to the CORPORATION pursuant to Article 1 hereof. the CORPORATION shall pay to the EMPLOYEE an annual salary of Three Hundred Thousand ($300,000 USD) Dollars,

3.2

The EMPLOYEE shall be reimbursed for all reasonable expenses incurred by him in or about the execution of his services hereunder, including living expenses while absent from his city of residence, travel and meeting/entertainment expenses. All such expenses shall be verified by statements, receipts or other reasonable evidence satisfactory to the CORPORATION.

3.3

In accordance with the terms and conditions of the applicable benefit plan texts, as amended by the Board of Directors from time the EMPLOYEE shall be entitled to participate in all executive, medical, dental, and other health care, life insurance, group accident, long term disability, savings, profit sharing, share option, share purchase and any other benefit plans of whatsoever nature which the CORPORATION may provide from time to time. The EMPLOYEE understands and agrees that the CORPORATION monitors such plans and benefits and may, from time to time, modify or terminate the plans and benefits.

3.4

The CORPORATION will provide the EMPLOYEE with a parking stall convenient to his location of work.

4.1

The remuneration payable pursuant to Section 3.1 hereof shall be reviewed by the Board of Directors of the CORPORATION on or before the anniversary date hereof. and annually thereafter, at which time the Board of Directors shall consider such matters, as it may consider relevant and shall determine the annual remuneration payable by the CORPORATION to the EMPLOYEE hereunder.

5.1

The EMPLOYEE shall be entitled to reasonable time from his services, without loss of compensation. due to sickness or illness or other incapacity.

5.2

In the event the EMPLOYEE is insured either personally or through the CORPORATION or through a group plan provided by the CORPORATION for loss of income as a result of disability and the EMPLOYEE receives compensation or disability income pursuant thereto, then the amount of remuneration which the EMPLOYEE is otherwise entitled to receive hereunder during the period of illness or incapacity shall be reduced by the amount of compensation or disability income paid by such insurer to the EMPLOYEE and the EMPLOYEE covenants and agrees that he shall immediately advise the CORPORATION from time to time of the receipt of any such disability income paid by such insurer to the EMPLOYEE.

6.1

The EMPLOYEE covenants and agrees that during the term hereof and for a period of five (5) years thereafter, he will keep in strict confidence and shall not use, directly or indirectly, for any other purpose other than for the purpose of providing services hereunder, all knowledge, information (whether oral or written) and materials obtained or acquired during the course of his providing services hereunder relating to

6.2

The obligation of the EMPLOYEE, as identified in Section 6.1, hereof shall not apply to such knowledge, information, material or business data obtained pursuant to this Agreement or relating in any manner to the business affairs of the CORPORATION which:

7.1

During the term hereof, the EMPLOYEE shall be entitled to six (6) weeks paid vacation in each calendar year hereof. The EMPLOYEE understands and agrees that vacation is to be taken at a time mutually agreed upon between the EMPLOYEE and the CORPORATION.

9.1

Notwithstanding the term of this Agreement as set forth in Section 2.1 hereof, this Agreement shall be terminated upon the occurrence of any one of the following events:

(a)

the death of the EMPLOYEE;

(b)

the EMPLOYEE becoming bankrupt or making an assignment for the benefit of creditors in general;

(c)

thirty (30) days written notice by the EMPLOYEE of his intention to terminate this Agreement:

(d)

thirty (30) days written notice by the CORPORATION of its intention to terminate this Agreement and in conjunction with Section 9.3 below:

9.2

In the event this Agreement is terminated in accordance with the provisions of subsections 9.1(a), (b), (c). (e) and (f) hereto the EMPLOYEE shall not be entitled to additional remuneration hereunder from and after the “Termination Date” (“Termination Date” means the last day the EMPLOYEE is actively performing his duties at work. regardless of the reason for termination.)

9.3

If the CORPORATION terminates this Agreement in accordance with 9.1(d)hereof, the parties agree that the CORPORATION shall pay to the EMPLOYEE an amount of severance calculated in accordance with the following, and that such amount shall constitute full and final settlement of any amounts owing to the EMPLOYEE as a result of such termination:

10.1

The EMPLOYEE covenants and agrees with the CORPORATION that during the term hereof and for a period of two (2) years thereafter, he will not. either individually or in partnership or jointly or in conjunction with any person, association or syndicate. as principal. agent, shareholder, director, officer, employee or in any other manner whatsoever carry on or be engaged in or be concerned with or interested in or advise, lend money to. guarantee the debts or obligations of or permit his name or any part thereof to be used or employed by any person or persons, including, without limitation, any individual, firm. association, syndication, company, corporation. or other business enterprise, engaged in or concerned with or interested in any business or any part thereof presently carried on by the CORPORATION with respect to its business of any other business at any time during the term hereof carried on by the CORPORATION, except with written consent of the CORPORATION, which consent will not be reasonably withheld.

10.2

During the period identified in Section 10.1, the EMPLOYEE shall not solicit, engage in, assist or have an interest in or be connected with any person, firm or corporation soliciting any customer known or ought to be known to the EMPLOYEE to be a customer or business associate of the CORPORATION.

10.4

If the CORPORATION ceases to carry on business for a continuous period of six (6)months or more. then the provisions of Article 6 and Article 10 hereof shall be null and void and shall cease to have any force and effect after the expiration of the aforesaid period of time.

10.5

The EMPLOYEE confirms that the obligations in Sections 10.1, 10.2 and 10.3 of this Agreement are reasonably necessary for the protection of the CORPORATION and its shareholders and, given the EMPLOYEE’s knowledge and experience, will not prevent the EMPLOYEE from being gainfully employed if the EMPLOYEE’s employment with the CORPORATION ends.

11.1

In the event that any third party (which third party has a market capitalization of greater than Cdn.$200,000,000 or has an average daily trading volume of greater than $250,000 (based on the 30 days preceding the date of merger or acquisition and excluding any unusual block trades)) acquires greater than fifty (50%) of the outstanding common shares of the CORPORATION and, within thirty (30) days of such acquisition, the EMPLOYEE’S employment with the CORPORATION is terminated by the CORPORATION or the EMPLOYEE, then the EMPLOYEE shall be entitled to a cash payment equal to 12 times his then current monthly salary (less any payments received by or owing to the EMPLOYEE pursuant to Section 9.3 hereof).

(b)

any liability which the CORPORATION is prohibited from assuming by law.

12.1

All notices required or allowed to be given under this Agreement shall be made either personally or by mailing same by prepaid registered post, addressed as hereinafter set forth or to such other address as may be designated from time to time by such party in writing, and any notice mailed as aforesaid shall be deemed to have been received by the addresses thereof on the fifth business day following the day of mailing:

13.1

Each provision of this Agreement is declared to constitute a separate and distinct covenant and to be severable from all such other separate and distinct covenants. Without limiting and foregoing, each provision contained in Article 6 and Article 10 hereof, are declared to-constitute separate and distinct covenants in respect of each capacity and each activity specified in Articles 6 and 10, and to be severable from all other such separate and distinct covenants. If any of the capacities, activities or periods specified in Articles 6 and 10, are considered by a court of as being unreasonable, the parties hereto agree that the said court will have authority to limit such capacities, activities, periods or areas to such capacities, activities. periods of areas as the court deems proper in the circumstances.

13.2

If any covenant or provision herein is determined to be void or unenforceable in whole or in part. it will not be deemed to affect or impair the enforceability or validity of any other covenant or provision of the Agreement or any part thereof.

14.1

The parties to this Agreement recognise that a breach by the EMPLOYEE of any of the covenants herein contained would result in damages to the CORPORATION and the CORPORATION could not adequately be compensated for such damages by monetary award. Accordingly, the EMPLOYEE agrees that in the event of any such breach, in addition to all other remedies available to the CORPORATION at law or in equity, the CORPORATION will be entitled as a matter of right to apply to a court of competent equitable jurisdiction of such relief by way of restraining order, injunction, decree or otherwise. as may be appropriate to ensure compliance with the provisions of this Agreement.

15.1

The parties agree that all restrictions in this Agreement are necessary and fundamental to the protection of the CORPORATION and are reasonable and valid, and all defences to the strict enforcement thereof by the CORPORATION are hereby waived by the EMPLOYEE.

16.1

The parties hereto agree that they have expressed herein their entire understanding and agreement concerning the subject matter of this Agreement and it is expressly agreed that no implied covenant, condition, term or reservation or prior representation or warranty shall be read into this Agreement relating to or the subject matter hereof or any matter or operation provided for herein.

16.2

The provisions of this Agreement will enure to the benefit of and be binding upon the heirs, executors, administrators and legal personal representatives of the EMPLOYEE and the successors and assigns of the CORPORATION, respectively.

16.3

Wherever the singular or masculine or neuter is used in this Agreement, the same shall be construed as meaning the plural or feminine or a body politic or corporate and vice versa where the context of the parties hereto so require.

16.4

Time is of the essence hereof.

16.5

This Agreement shall be construed and interpreted in accordance with the laws of the province of Alberta and Canada and each of the parties hereto hereby irrevocably attorns to the jurisdiction of the Courts of such province.