<SEC-DOCUMENT>0001079973-25-000184.txt : 20250204
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<ACCEPTANCE-DATETIME>20250204171507
ACCESSION NUMBER:		0001079973-25-000184
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		16
CONFORMED PERIOD OF REPORT:	20250131
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20250204
DATE AS OF CHANGE:		20250204

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DUOS TECHNOLOGIES GROUP, INC.
		CENTRAL INDEX KEY:			0001396536
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				650493217
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39227
		FILM NUMBER:		25589535

	BUSINESS ADDRESS:	
		STREET 1:		7660 CENTURION PARKWAY
		STREET 2:		SUITE 100
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32256
		BUSINESS PHONE:		904-296-2807

	MAIL ADDRESS:	
		STREET 1:		7660 CENTURION PARKWAY
		STREET 2:		SUITE 100
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32256

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DUOS TECHNOLOGY GROUP, INC.
		DATE OF NAME CHANGE:	20150710

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INFORMATION SYSTEMS ASSOCIATES, INC.
		DATE OF NAME CHANGE:	20070416
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>UNITED STATES<br/>
SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Washington, D.C. 20549</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>FORM <span id="xdx_904_edei--DocumentType_c20250131__20250131_zKAF2tCDCLZg"><ix:nonNumeric contextRef="AsOf2025-01-31" id="Fact000009" name="dei:DocumentType">8-K</ix:nonNumeric></span></b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>CURRENT REPORT</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Date of Report (Date of earliest event reported):
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b><span id="xdx_901_edei--EntityRegistrantName_c20250131__20250131_zZy2PAXZaD65"><ix:nonNumeric contextRef="AsOf2025-01-31" id="Fact000011" name="dei:EntityRegistrantName">Duos Technologies Group, Inc.</ix:nonNumeric></span></b></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><i>(Exact name of registrant as specified in its
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;s</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><i>(Address of Principal Executive Offices) (Zip
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

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<p style="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><i>(Registrant&#8217;s telephone number, including
area code)</i></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><i>&#160;</i></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0pc">Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0pc"><span style="font-family: Segoe UI Symbol,sans-serif"><span id="xdx_90A_edei--WrittenCommunications_c20250131__20250131_zHTt46yXAUm1"><ix:nonNumeric contextRef="AsOf2025-01-31" format="ixt:booleanfalse" id="Fact000022" name="dei:WrittenCommunications">&#9744;</ix:nonNumeric></span></span>
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0pc"><span style="font-family: Segoe UI Symbol,sans-serif"><span id="xdx_90D_edei--SolicitingMaterial_c20250131__20250131_z6IUmRPRY9T9"><ix:nonNumeric contextRef="AsOf2025-01-31" format="ixt:booleanfalse" id="Fact000023" name="dei:SolicitingMaterial">&#9744;</ix:nonNumeric></span></span>
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0pc"><span style="font-family: Segoe UI Symbol,sans-serif"><span id="xdx_90D_edei--PreCommencementTenderOffer_c20250131__20250131_z5buNWzX607k"><ix:nonNumeric contextRef="AsOf2025-01-31" format="ixt:booleanfalse" id="Fact000024" name="dei:PreCommencementTenderOffer">&#9744;</ix:nonNumeric></span></span>
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0pc"><span style="font-family: Segoe UI Symbol,sans-serif"><span id="xdx_90D_edei--PreCommencementIssuerTenderOffer_c20250131__20250131_zb1drzk15iv6"><ix:nonNumeric contextRef="AsOf2025-01-31" format="ixt:booleanfalse" id="Fact000025" name="dei:PreCommencementIssuerTenderOffer">&#9744;</ix:nonNumeric></span></span>
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Securities registered pursuant to Section 12(b) of the Act:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Emerging growth company <span style="font-family: Segoe UI Symbol,sans-serif"><span id="xdx_90A_edei--EntityEmergingGrowthCompany_c20250131__20250131_zysF5d1Tz74k"><ix:nonNumeric contextRef="AsOf2025-01-31" format="ixt:booleanfalse" id="Fact000029" name="dei:EntityEmergingGrowthCompany">&#9744;</ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.&#160;<span style="font-family: Segoe UI Symbol,sans-serif">&#9744;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

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<!-- Field: Rule-Page --><div style="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><div style="border-top: Black 0.25pc solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Item 5.02.&#160;&#160;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On January 31, 2025, Duos Technologies
Group, Inc. (the &#8220;Company&#8221;) entered into an Employment Agreement with each of Charles Ferry, our Chief Executive Officer (the
&#8220;Ferry Agreement&#8221;), Adrian Goldfarb, our Chief Financial Officer (the &#8220;Goldfarb Agreement&#8221;), and Christopher King,
our Chief Operating Officer (the &#8220;King Agreement&#8221; and, collectively with the Ferry Agreement and the Goldfarb Agreement, the
&#8220;Employment Agreements&#8221;). Each of the Employment Agreements is effective as of January 1, 2025. Each of the Ferry Agreement
and the Goldfarb Agreement replaced prior employment agreements that Mr. Ferry and Mr. Goldfarb had with the Company.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Employment Agreements contain
similar terms. Each is for a term of three years (the &#8220;Initial Term&#8221;) and shall be automatically extended for additional terms
of successive one-year periods (each, an &#8220;Additional Term&#8221;) unless either party gives at least 60 days written notice of non-renewal
prior to the expiration of the Initial Term or any Additional Term. Each Employment Agreement may be terminated with or without cause
or by Mr. Ferry, Mr. Goldfarb or Mr. King, as the case may be, for good reason. As employees of the Company, each of Mr. Ferry, Mr. Goldfarb
and Mr. King is eligible to participate in all of the Company&#8217;s benefit programs.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Each Employment Agreement provides
for an annual base salary ($400,000 for Mr. Ferry, $325,000 for Mr. Goldfarb, and $325,000 for Mr. King). Each base salary is subject
to annual review. In addition, each party is eligible to receive an annual performance bonus in accordance with criteria, including but
not limited to revenue targets, profitability, and other key performance indicators, as recommended by the Chief Executive Officer and
accepted by the Board of Directors. Such, annual bonuses may be up to 80%, for Mr. Goldfarb and Mr. King, or 100%, for Mr. Ferry, of their
respective base salary.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As previously announced,
each of Mr. Ferry and Mr. King will also serve in similar positions with New APR Energy,   LLC (the
&#8220;Buyer&#8221;) and Mr. Ferry will be Chairman and a member of the Board of Sawgrass APR Holdings LLC, the indirect parent of
the Buyer. In their respective Employment Agreement, they each agree to provide sufficient time and effort to lead both companies
and to report to the Board of Directors any potential conflicts of interest.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In connection with their
Employment Agreements, each of Mr. Ferry, Mr. Goldfarb and Mr. King entered into an Equity Award Agreement (the &#8220;Award
Agreements&#8221;) pursuant to which the Company granted restricted shares of the Company&#8217;s common stock to each of Mr. Ferry,
Mr. Goldfarb and Mr. King under the Company&#8217;s 2021 Equity Incentive Plan, as amended. Mr. Ferry was granted 522,889 shares,
Mr. Goldfarb was granted 441,275 shares and Mr. King was granted 225,000 shares. All of their existing vested and unvested options
were cancelled. Each grant is subject to a three-year cliff vesting period and all shares vest on December 31, 2027. The respective
shares will be forfeited if Mr. Ferry, Mr. Goldfarb or Mr. King, as the case may be, is not employed by the Company through the
vesting date or other specified events occur, subject to certain exceptions. The vesting period will be accelerated upon a charge of
control of the Company, as specified in the Award Agreements, in the case of death or disability, if the employee is terminated
without Cause or if the employee resigns with Good Reason (as such terms are defined in the respective Employment Agreement). In
addition, for Mr. Goldfarb, if he retires after two years all shares will vest. If he retires before two years, a percentage of the
shares, equal to the number of months of service divided by 24, will vest.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The foregoing description of the
Employment Agreements and the Award Agreements does not purport to be complete and is qualified by reference to the Employment Agreements
(and the Award Agreements), copies of which are filed as Exhibits 10.1, 10.2, and 10.3 to this Current Report on Form 8-K and are incorporated
herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="letter-spacing: 0.4pt"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <b>Item 9.01</b> <b>Financial Statements and Exhibits.</b></p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">(d) Exhibits</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 62px"><span style="font-family: Times New Roman, Times, Serif; font-size: 8pt"><b>Exhibit
    No.</b></span></td>
    <td style="vertical-align: top; width: 10px"><span style="font-size: 8pt">&#160;</span></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom"><span style="font-size: 8pt"><b>Description of Exhibit</b></span></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="font-size: 12pt; text-align: justify; text-indent: 0pc"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1</span></td>
    <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font-size: 10pt; text-align: justify; text-indent: 0pc"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="ex10x1.htm">Employment Agreement, made and entered into as of January 1, 2025, between Duos Technologies Group, Inc. and Charles P. Ferry</a></span></p></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="font-size: 12pt; text-align: justify; text-indent: 0pc"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.2</span></td>
    <td>&#160;</td>
    <td style="font-size: 10pt; text-align: justify; text-indent: 0pc"><a href="ex10x2.htm">Employment Agreement, made and entered into as of January 1, 2025, between Duos Technologies Group, Inc. and Adrian Goldfarb</a></td></tr>
  <tr style="vertical-align: top; background-color: rgb(204,238,255)">
    <td style="font-size: 12pt; text-align: justify; text-indent: 0pc"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.3&#160;</span></td>
    <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: justify; text-indent: 0pc"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><a href="ex10x3.htm">Employment Agreement, made and entered into as of January 1, 2025, between Duos Technologies Group, Inc. and Christopher King</a></span></td></tr>
  <tr style="vertical-align: top; background-color: White">
    <td style="font-size: 12pt; text-align: justify; text-indent: 0pc"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">104</span></td>
    <td><span style="font-size: 10pt">&#160;</span></td>
    <td style="font-size: 12pt; text-align: justify; text-indent: 0pc"><span style="font-size: 10pt">Cover Page Interactive Data File
    (formatted as Inline XBRL and contained in Exhibit 101)</span></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>


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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SIGNATURES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0pc">Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 3pc">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td>&#160;</td>
    <td colspan="2"><b>DUOS TECHNOLOGIES GROUP, INC.</b></td></tr>
  <tr style="vertical-align: top">
    <td style="width: 55%">&#160;</td>
    <td style="width: 6%">&#160;</td>
    <td style="width: 39%">&#160;</td></tr>
  <tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
  <tr style="vertical-align: top">
    <td>Dated: February 4, 2025</td>
    <td>By:&#160;&#160;</td>
    <td style="border-bottom: Black 1pt solid">/s/&#160;<i>Adrian G. Goldfarb</i></td></tr>
  <tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td rowspan="2">
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Adrian G. Goldfarb</p>
    <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Chief Financial Officer</p></td></tr>
  <tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0pc">&#160;</p>

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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex10x1.htm
<DESCRIPTION>CHARLES P. FERRY EMPLOYMENT AGREEMENT
<TEXT>
<HTML>
<HEAD>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0">Exhibit 10.1</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center">EMPLOYMENT AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">THIS EMPLOYMENT AGREEMENT (the &ldquo;<U>Agreement</U>&rdquo;)
is made and entered into as of January 1, 2025, by and between Duos Technologies Group, Inc., a Florida corporation with its principal
place of business located at 7660 Centurion Parkway, Suite 100, Jacksonville, Florida 32256 (the &ldquo;<U>Company</U>&rdquo;), and Charles
P. Ferry, an individual and resident of the State of Florida (&ldquo;<U>Executive</U>&rdquo; and together with the Company, the &ldquo;<U>Parties</U>&rdquo;
and each, a &ldquo;<U>Party</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">RECITALS</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">A.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Company wishes to employ Executive as Chief Executive Officer because Executive possesses certain
knowledge and skills relating to the Company&rsquo;s business, structure and operations that the Company wishes to retain for the development
and success of the Company&rsquo;s business.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">B.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Company wishes to employ Executive, and Executive wishes to be employed by the Company, on the
terms and conditions contained herein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, in consideration
of the premises set forth above and for other good and valuable consideration mutually exchanged by the Parties, the receipt and sufficiency
of which is hereby acknowledged, the Parties hereby agree as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Employment; Duties</U>. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Company hereby employs Executive, and Executive hereby accepts employment, as Chief Executive
Officer of the Company, subject to the terms and conditions set forth in this Agreement. As Chief Executive Officer, Executive shall have
such duties, responsibilities and authority as are commensurate and consistent with such position and as may, from time to time, be assigned
to him by the board of directors of the Company (the &ldquo;<U>Board</U>&rdquo;) and Executive shall report directly to the Board. During
the Term (as defined herein), Executive shall devote his full business time and efforts to the performance of his duties hereunder, unless
otherwise explicitly authorized by the Board. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">The Executive will also serve as a Director (voting member of the Board of Directors). </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Notwithstanding the foregoing, the Executive is authorized to simultaneously hold the position of
Executive Chairman and CEO of New APR Energy. The Executive will ensure sufficient time and effort is provided to lead both companies
and will report to the Board of Directors any potential conflicts of interest. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Term of Employment</U>. The term of Executive&rsquo;s employment hereunder, unless sooner terminated
as provided herein (the &ldquo;<U>Initial Term</U>&rdquo;), shall be for a period of three years, commencing January 1, 2025 (the &ldquo;Commencement
Date&rdquo;) and ending on December 31, 2027. The term of this Agreement shall automatically be exended for additional terms of one (1)
year each (each a &ldquo;<U>Renewal Term</U>&rdquo;), unless either Party gives prior written notice of non-renewal (&ldquo;<U>Non-Renewal
Notice</U>&rdquo;) to the other Party no later than sixty (60) days prior to the expiration of the then current Term (as defined herein).
For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the &ldquo;<U>Term.</U>&rdquo;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">3.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Compensation of Executive</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Base Salary.</U> Beginning on the Effective Date, the Company agrees to pay the Executive a base
salary at the annual rate of Four-Hundred Thousand Dollars ($400,000). All salary, bonus, or other compensation payable to the Executive
shall be subject to the customary withholding, FICA, medical and other tax and other employment taxes and deductions as required by federal,
state and local law with respect to compensation paid by an employer to an employee. The Board of Directors and any committees thereof
shall perform an annual review of Executive&rsquo;s salary based on a review of Executive&rsquo;s performance of his duties and the Company&rsquo;s
other compensation policies. Salary is to be paid twice a month; 24 times per year in accordance with the normal company payroll policy
and timing. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Annual Performance Bonus</U>. Beginning on the effective date, in addition to the Base Salary,
the Executive is eligible for an annual performance bonus in an amount up to 100% of the Executive&rsquo;s base salary (Four-Hundred Thousand
Dollars ($400,000) per year) in accordance with criteria, including but not limited to revenue targets, profitability and other key performance
indicators as recommended by the CEO and accepted by the Board of Directors as part of the Annual Strategic Plan. The annual performance
bonus will be calculated based on meeting specified metrics aggregated from January 1st to December 31st. The bonus, once calculated and
approved by the Board of Directors will be paid in two payments (one in April and one in October). </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Equity Compensation</U>. The Executive will be awarded a total of 522,889 restricted stock shares
which will be cliff vested after a period of three years starting January 1, 2025. Any previous equity and/or stock options awarded (either
vested or unvested) will be cancelled and replaced by this award. For avoidance of doubt, the unvested restricted stock will be forfeited
should Executive no longer be employed by the Company prior to the three year or if terminated for cause. For avoidance of doubt in the
event of a change of control where more than 51% of company ownership is sold all equity compensation issued will be fully vested prior
to the transaction. A separate equity award agreement will be generated and upon execution of this Agreement, Executive and the Company
shall enter into that Equity Incentive Award Agreement in the form attached hereto as <U>Exhibit A</U> (&ldquo;Equity Incentive Award
Agreement&rdquo;). </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Expenses</U>. Pursuant to the Company&rsquo;s customary policies in force at the time of payment,
Executive shall be reimbursed within 30 days, against presentation of vouchers or receipts therefor, for all expenses properly and reasonably
incurred by Executive on behalf of the Company in the performance of Executive&rsquo;s duties hereunder.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(e)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Benefits</U>. Executive shall be entitled to participate in such pension, profit sharing, group
insurance, hospitalization, and group health (for Executive and his immediate family) and benefit plans and all other benefits and plans,
including perquisites, if any, as the Company provides to its senior executives (the &ldquo;<U>Benefit Plans</U>&rdquo;).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(f)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Vacation Benefits</U>. During the Term, the Executive shall be entitled to receive vacation benefits
in accordance with the Company&rsquo;s applicable policies and procedures in effect as of the Effective Date of this Agreement, or which
becomes effective during the Term of this Agreement and/or any renewal or extension period thereafter. Subject to said vacation policies
and procedures, the Executive shall be entitled to receive four (4) weeks of Company paid vacation, per year.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(g)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Indemnification and D&amp;O Insurance</U>. The Company agrees to indemnify the Executive to the
maximum extent permitted by the Company&rsquo;s Articles of Incorporation or Bylaws, including, providing to the Executive, if applicable,
any Directors or Officers Insurance Policy, in effect as of the Effective Date, or which becomes effective during the Term of this Agreement
and/or any renewal or extension period thereafter, with such indemnification of the Executive to be on terms determined by the Board,
or any of its authorized Committees, but on terms no less favorable than provided to any other Company executive, officer or director.
</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">4.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Termination; Disability; Resignation; Termination Without Cause</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Termination for Cause</U>. The Company shall have the right to terminate the Executive&rsquo;s
employment hereunder for Cause. Upon such termination for Cause, Executive shall have no further duties or obligations under this Agreement
(except as provided in Section 8) and the obligations of the Company to Executive shall be as set forth below. For purposes of this Agreement,
&ldquo;Cause&rdquo; shall mean:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive&rsquo;s
indictment or conviction of a felony or any crime involving moral turpitude under federal, state or local law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive&rsquo;s
failure to perform (other than as a result of Executive's being Disabled), in any material respect, any of his duties or obligations under
or in accordance with this Agreement for any reason whatsoever, including, without limitation, failure to execute or comply with a direction
of the Board, and the Executive fails to cure such failure after written cure notification from the Board of Directors. Upon receipt of
a cure notice, the Executive shall acknowledge and provide a written corrective action plan within ten business days for approval by the
Board of Directors. The Executive shall implement and report progress of the corrective action plan. If the Board of Directors determines
the corrective action plan is not effective they may approve the Executive&rsquo;s termination for cause.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive
commits any dishonest, malicious or grossly negligent act which is materially detrimental to the business or reputation of the Company,
or the Company&rsquo;s business relationships, provided, however, that in such event the Company shall give the Executive written notice
specifying in reasonable detail the reason for the termination;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
intentional misapplication by Executive of the Company&rsquo;s funds or other material assets, or any other act of dishonesty injurious
to the Company committed by Executive; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive&rsquo;s
use or possession of any controlled substance or chronic abuse of alcoholic beverages, which use or possession the Board of Directors
reasonably determines renders Executive unfit to serve in his capacity as Chief Executive Officer of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0in">In the event the Company
terminates the Executive's employment for Cause, then the Executive shall be entitled to receive only such compensation, expenses and/or
benefits that have been earned, accrued or vested as of the date of such termination (collectively, &ldquo;Accrued Obligations&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Disability</U>. The Company shall have the right to terminate the Executive's employment hereunder
by reason of the Executive's becoming Disabled for an aggregate period of ninety (90) days in any consecutive three hundred sixty (360)
day period (the &ldquo;Disability Period&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&ldquo;Disabled&rdquo;
as used in this Agreement means that, by reason of physical or mental incapacity, Executive shall fail or be unable to substantially perform
the essential duties of his employment with or without reasonable accommodation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event Executive is Disabled, during the period of such disability he shall continue to receive his base compensation in the amount
set forth in Section 3(a) hereof, which base compensation shall be reduced by the amount of all disability benefits he actually receives
under any disability insurance program in place with the Company until the first to occur of (1) the cessation of the Disability or (2)
the termination of this Agreement by the Company. During the period of Disability and prior to termination, the Executive shall continue
to receive the benefits provided in Section 3 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
the purposes of this Section 4(b), any amounts to be paid to Executive by the Company pursuant to subsection (B) above, shall not be reduced
by any disability income insurance proceeds received by him under any disability insurance policies owned or paid for by the Executive.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Executive is terminated at the end of the Disability Period, then the Executive shall receive only such compensation, expenses and/or
benefits that have been earned, accrued or vested as of the date of such termination.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Death</U>. The Company's employment of the Executive shall terminate upon his death and all payments
and benefits shall cease upon such date provided, however, that under this Agreement the estate of such Executive shall be entitled to
receive such compensation, expenses and/or benefits that have been earned, accrued or vested as of the date of such termination. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Termination by the Executive for Good Reason</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0in">The Executive may elect,
by written notice to the Company, such notice to be effective immediately upon receipt by the Company, to terminate his employment hereunder
if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company sells all or substantially all of its assets and the Executive is not retained or otherwise has his employment terminated;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company merges or consolidates with another business entity in a transaction immediately following which the holders of all of the outstanding
shares of the voting capital stock of the Company own less than a majority of the outstanding shares of the voting capital stock of the
resulting entity (whether or not the resulting entity is the Company); provided, however, that the Executive shall not be permitted to
terminate his employment under this subsection unless he notifies the Company in writing that he does not approve of the transaction or
the directors selected to serve on the Board after the merger or similar transaction described herein; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company defaults in making any of the payments required under this Agreement and said default continues for a ninety (90) day period after
the Executive has given the Company written notice of the payment default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0in">If the Executive elects
to terminate his employment hereunder pursuant to this Section 4(d), then the Company shall continue to pay to the Executive his base
salary, awarded bonus amounts and all benefits owed hereunder through the end of the current Term.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(e)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Resignation</U>. If the Executive voluntarily resigns during the Term of this Agreement or any
Renewal Term other than pursuant to Section 4(d) hereof, then all payments and benefits shall cease on the effective date of resignation,
provided that under this Agreement the Executive shall be entitled to receive such compensation, expenses and/or benefits that have been
earned, accrued or vested as of and through the date of such termination, such date of termination to be mutually agreed upon between
the Executive and the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(f)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Termination Without Cause</U>. The Company may terminate this Agreement at any time, for any reason,
or for no reason, effective immediately upon notice to Executive, delivered in accordance with Section 6 of this Agreement, stating Company&rsquo;s
intention to terminate this Agreement. If the Company terminates this Agreement pursuant to this Section 4(f) during the Term of this
Agreement or any Renewal Term, then the Company shall continue to pay to the Executive his base salary hereunder for a period of 12 months
and shall receive all Accrued Obligations as of the date of such termination. All equity awards shall be become immediately vested upon
notice to the Executive of Termination Without Cause.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Covenants.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Confidentiality</U>. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal">(i)</FONT><FONT STYLE="font-size: 7pt; font-weight: normal">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal"><U>Proprietary Information</U>. Executive understands and acknowledges that,
during the course of his employment with the Company, Executive shall create and has created, as well as shall be granted and has been
granted access to, certain valuable information relating to the business of the Company that provides the Company with a competitive advantage
(or that which could be used to the disadvantage of the Company by a Competitive Business, as defined herein), which is not generally
known by, nor easily learned or determined by, persons outside the Company (collectively referred to herein as &ldquo;<U>Proprietary Information</U>&rdquo;)
including, but not limited to: Developments (as defined herein), the Company&rsquo;s products, applications, methods, trade secrets and
other intellectual property, the research, development, procedures, manuals, confidential reports, technical information, financial information,
business plans, prospects of opportunities, purchasing, operating and other cost data, employee information (including, but not limited
to, personnel, payroll, compensation and benefit data and plans), including all such information recorded in manuals, memoranda, projections,
reports, minutes, plans, drawings, sketches, designs, formula books, data, specifications, software programs and records, whether or not
legended or otherwise identified by the Company as Proprietary Information, as well as such information that is the subject of meetings
and discussions and not recorded. Proprietary Information shall not include such information that Executive can demonstrate is generally
available to the public (other than as a result of a disclosure by Executive).</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal">(ii)</FONT><FONT STYLE="font-size: 7pt; font-weight: normal">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal"><U>Duty of Confidentiality</U>. Executive agrees at all times, both during and
after Executive&rsquo;s employment with the Company, (i) to hold all Proprietary Information in a confidential manner for the benefit
of the Company, to reasonably safeguard all such Proprietary Information; and (ii) to adhere to any non-disclosure, confidentiality or
other similar agreements to which Executive or the Company is or becomes a party or subject thereto. Executive also agrees that he shall
not, directly or indirectly, disclose any such Proprietary Information to, or use such Proprietary Information for the benefit of, any
third person or entity outside the Company, except to persons identified in writing by the Company. Executive further agrees that, in
addition to enforcing this restriction, the Company may have other rights and remedies under the common law or applicable statutory laws
relating to the protection of trade secrets. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal">(iii)</FONT><FONT STYLE="font-size: 7pt; font-weight: normal">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal"><U>Investors, Other Third-Parties, and Goodwill</U>. Executive acknowledges
that all Company Investors, together with all distributors, vendors, customers, representatives, agents, licensees and third-parties (&ldquo;<U>Other
Third Parties</U>&rdquo;) that the Executive interacts and works with while employed by Company, are doing business with the Company and
not with the Executive, personally, and that in the course of dealing with such Investors and Other Third Parties, the Company has established
goodwill with respect to each such Investor and Other Third Party that is created and maintained at the Company&rsquo;s expense (&ldquo;<U>Third-Party
Goodwill</U>&rdquo;). Executive also acknowledges that, by virtue of his employment with the Company, he has gained or will gain knowledge
of the business needs of, and other information concerning, the Investors and Other Third Parties, and that Executive will inevitably
have to draw on such information if Executive solicits or provides services to any Investor or Other Third Parties on his own behalf or
on behalf of a Competitive Business. For purposes of this Agreement, &ldquo;<U>Competitive Business</U>&rdquo; shall mean any enterprise
engaged in any business or entity similar to or competitive with the type of business conducted by the Company or any division or subsidiary
of the Company which shall have succeeded to or is engaged in the business of the Company at the time the Executive&rsquo;s employment
with the Company terminates or other business that is substantially similar to that which the Company is engaged, or plans to be engaged,
so long as Executive is directly involved in such business or planned business on behalf of the Company. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal">(iv)</FONT><FONT STYLE="font-size: 7pt; font-weight: normal">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal"><U>Nondisparagement</U>. The Executive agrees that at no time during his employment
by the Company or thereafter, shall he make, or cause or assist any other person to make, any statement or other communication to any
third party which impugns or attacks, or is otherwise critical of, the reputation, business or character of the Company or any of its
respective directors, officers or employees. Likewise, the Company agrees to not disparage the Executive so long as the Executive seperates
from the Company in good standing and abides by all terms of this agreement and signed non-disclosure and non-compete agreements.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Covenant Not To Disclose, Compete or Solicit</U>. Upon execution of this Agreement, Executive
and the Company shall enter into that certain Non-Disclosure, Non-Competition and Non-Solicitation Agreement in the form attached hereto
as <U>Exhibit B</U> (&ldquo;<U>Non-Disclosure, Non-Competition and Non-Solicitation Agreement</U>&rdquo;). </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> <FONT STYLE="font-size: 10pt"><U>Assignment of Developments</U>. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal">(i)</FONT><FONT STYLE="font-size: 7pt; font-weight: normal">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal">Executive acknowledges and agrees that all developments, including, without
limitation, the creation of new products, devices, inventions, discoveries, concepts, ideas, improvements, patents, trademarks, trade
names, trade dress, service marks, copyrights, domain names, trade secrets, designs, works, reports, computer software or systems, flow
charts, diagrams, procedures, data, documentation, and writings and applications thereof, including all results and proceeds of the foregoing,
relating to the Business or future business of the Company that Executive, alone or jointly with others, has discovered, suggested, conceived,
created, made, developed, reduced to practice, or acquired during Executive&rsquo;s employment with or as a result of Executive&rsquo;s
employment with the Company (collectively, &ldquo;<U>Developments</U>&rdquo;) are being prepared by Executive as an employee of the Company
within the scope of Executive&rsquo;s employment and shall be considered as &ldquo;works made for hire&rdquo; and shall remain the sole
and exclusive property of the Company, free of any reserved or other rights of any kind on Executive&rsquo;s part. If and to the extent
the fact that the Developments are works made for hire is not effective to place ownership of the Developments and all rights therein
to the Company, then Executive hereby solely, exclusively and irrevocably assigns and transfers to the Company any and all of his right,
title and interest in and to the Developments. Executive agrees to disclose to the Company promptly and fully all future Developments
and, at any time upon request and at the expense of the Company, to execute, acknowledge and deliver to the Company all instruments that
the Company shall prepare and to take any and all other actions that are necessary or desirable, in the reasonable opinion of the Company,
to evidence or effectuate all or any of the Company&rsquo;s rights hereunder, including executing and delivering patent, trademark or
copyright applications and instruments of assignment to the Company and enabling the Company to file instruments of assignment for, to
file and prosecute applications for, and to acquire, maintain, and enforce, all patents, trademarks or copyrights covering the Developments
in all countries in which the same are deemed necessary by the Company. All data, memoranda, notes, lists, drawings, records, files, investor
and client/customer lists, supplier lists, and other documentation (and all copies thereof) made or compiled by Executive or made available
to Executive concerning the Developments or otherwise concerning the past, present, or planned business of the Company are the property
of the Company, and shall be delivered to the Company immediately upon the termination of Executive&rsquo;s employment with the Company.
</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal">(ii)</FONT><FONT STYLE="font-size: 7pt; font-weight: normal">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal">If any patent, trademark or copyright application is filed by Executive or on
Executive&rsquo;s behalf during Executive&rsquo;s employment with the Company or within one (1) year after Executive&rsquo;s leaving the
Company&rsquo;s employ, describing a Development within the scope of Executive&rsquo;s work for the Company or which otherwise relates
to a portion of the business of the Company, of which the Executive had knowledge during Executive&rsquo;s employment with the Company,
it is to be conclusively presumed that the Development was conceived by Executive during the period of such employment.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Remedies</U>. Executive acknowledges that the Company has a compelling business interest in preventing
unfair competition stemming from the intentional or inadvertent use or disclosure of the Company&rsquo;s Proprietary Information. Executive
further acknowledges and agrees that damages for a breach or threatened breach of any of the covenants set forth in this Section 5 will
be difficult to determine and will not afford a full and adequate remedy, and therefore agrees that the Company, in addition to seeking
actual damages in connection therewith and the termination of the Company&rsquo;s obligations in Section 4, may seek specific enforcement
of any such covenant in any court of competent jurisdiction, including, without limitation, by the issuance of a temporary or permanent
injunction without the necessity of showing any actual damages or posting any bond or furnishing any other security, and that the specific
enforcement of the provisions of this Agreement will not diminish Executive&rsquo;s ability to earn a livelihood or create or impose upon
Executive any undue hardship. Executive also agrees that any request for such relief by the Company shall be in addition to, and without
prejudice to, any claim for monetary damages that the Company may elect to assert. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(e)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Rights to Materials and Return of Materials</U>. All papers, files, notes, correspondence, lists,
software, software code, memoranda, e-mails, price lists, plans, sketches, documents, reports, records, data, research, proposals, specifications,
technical information, models, flow charts, schematics, tapes, printouts, designs, graphics, drawings, photographs, abstracts, summaries,
charts, graphs, notebooks, investor lists, customer/client lists, information on the use, development and integration of software, information
relating to the research, development, preparation, maintenance and sale of any Company created products, and all other compilations of
information, regardless of how such information may be recorded and whether in printed form or on a computer or magnetic disk or in any
other medium (together with all copies of such documents and things) relating to the Business of the Company or containing Proprietary
Information and/or Developments, which Executive shall use or prepare or come in contact with in the course of, or as a result of, Executive&rsquo;s
employment by the Company shall, as between the parties to this Agreement, remain the sole property of the Company. Laptop computers,
other computers, software and related data, information and other property provided to Executive by the Company or obtained by Executive,
directly or indirectly, from the Company, also shall remain the sole property of the Company. Upon the termination of Executive&rsquo;s
employment or upon the prior demand of the Company, Executive shall immediately return all such materials and things to the Company and
shall not retain any copies or remove or participate in removing any such materials or things from the premises of the Company after termination
or the Company&rsquo;s request for return.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">6.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Notices. Any notice or communication given by either Party hereto to the other shall be in writing
and personally delivered or mailed by registered or certified mail, return receipt requested, postage prepaid, to the following addresses:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 15%">&nbsp;</TD>
  <TD STYLE="width: 20%">If
to the Company: </TD>
  <TD STYLE="width: 65%"><P STYLE="margin-top: 0; margin-bottom: 0">Duos Technologies Group, Inc.<FONT STYLE="background-color: white"></FONT></P>
                         <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="background-color: white">7660 Centurion Parkway, Suite 100</FONT></P>
                         <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="background-color: white">Jacksonville, FL 32256</FONT></P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">Attention: Adrian Goldfarb, CFO</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">agg@duostech.com</P></TD></TR>
</TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"></P>

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<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 15%">&nbsp;</TD>
  <TD STYLE="width: 20%">With a copy to: </TD>
  <TD STYLE="width: 65%"><P STYLE="margin-top: 0; margin-bottom: 0">J. Thomas Cookson</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">200 South Biscayne
Blvd, Suite 4100</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">Miami, FL 33131</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">tcookson@schutts.com</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"></P>

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<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 15%">&nbsp;</TD>
  <TD STYLE="width: 20%">If to Executive: </TD>
  <TD STYLE="width: 65%"><P STYLE="margin-top: 0; margin-bottom: 0">Charles P. Ferry</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">XXXX</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">All notices and other communications
given or made pursuant to this Agreement shall be in writing and shall be deemed effectively given: (a) upon personal delivery to the
party to be notified, (b) when sent by confirmed electronic mail or facsimile if sent during normal business hours of the recipient, and
if not so confirmed, then on the next business day, (c) five (5) days after having been sent by registered or certified mail, return receipt
requested, postage prepaid, or (d) one (1) day after deposit with a nationally recognized overnight courier, specifying next day delivery,
with written verification of receipt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">7.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Miscellaneous.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Representations and Covenants.</U> In order to induce the Company to enter into this Agreement,
the Executive makes the following representations and covenants to the Company and acknowledges that Company is relying upon such representations
and covenants:</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal">(i)</FONT><FONT STYLE="font-size: 7pt; font-weight: normal">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal">No agreements or obligations exist to which the Executive is a party or otherwise
bound, in writing or otherwise, that in any way interfere with, impede or preclude him from fulfilling any and all of the terms and conditions
of this Agreement. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal">(ii)</FONT><FONT STYLE="font-size: 7pt; font-weight: normal">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal">Executive, during his employment, shall use his best efforts to disclose to
the Board, in writing, or by other effective method, any bona fide information known by him, which he reasonably believes is not known
to the Board, and which he reasonably believes would have any material negative impact on the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Director Appointment; Nomination</U>. The Board shall at all times during the Term and any Renewal
Term take all steps necessary to appoint Executive as a member of the Board of Directors and to maintain such appointment. In addition,
the Board shall at all times during the Term and any Renewal Term take all steps necessary to nominate Executive as a nominee for director
for the purposes of any meeting or consent of the shareholders conducted or taken during the Term or any Renewal Term.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Entire Agreement</U>. This Agreement contains the entire understanding of the Parties with respect
to the subject matter contained herein and supersedes the effectiveness all other prior agreements and understandings between the Parties
or between Executive and the Company with respect to such subject matter.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Amendment; Waiver</U>. The Parties agree that this Agreement may not be amended, supplemented,
canceled or discharged, except by written instrument executed by the Party against whom enforcement is sought. No failure to exercise,
and no delay in exercising, any right, power or privilege hereunder shall operate as a waiver thereof. No waiver of any breach of any
provision of this Agreement shall be deemed to be a waiver of any preceding or succeeding breach of the same or any other provision.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(e)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Binding Effect; Assignment</U>. The rights and obligations of this Agreement shall bind and inure
to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all
of the Company&rsquo;s business. Executive&rsquo;s rights or obligations under this Agreement may not be assigned by Executive. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(f)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Headings</U>. The headings contained in this Agreement are for reference purposes only and shall
not affect the meaning or interpretation of this Agreement. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(g)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Governing Law; Jurisdiction; Interpretation</U>. This Agreement shall be construed in accordance
with and governed for all purposes, by the laws and public policy of the State of Florida, except as it pertains to conflict of laws principles.
Jurisdiction and venue shall be conferred upon the state and federal courts located in the State of Florida.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(h)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Further Assurances</U>. Each of the Parties agree to execute, acknowledge, deliver and perform,
and cause to be executed, acknowledged, delivered and performed, at any time, and from time to time, as the case may be, all such further
acts, deeds, assignments, transfers, conveyances, powers of attorney and assurances as may be reasonably necessary to carry out the provisions
or intent of this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(i)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Severability</U>. The Parties have carefully reviewed the provisions of this Agreement and agree
that they are fair and equitable. However, in light of the possibility of differing interpretations of law and changes in circumstances,
the Parties further agree that if any one or more of the provisions of this Agreement shall be determined by a court of competent jurisdiction
to be invalid, void or unenforceable, the remainder of the provisions of this Agreement shall, to the extent permitted by law, remain
in full force and effect and shall in no way be affected, impaired or invalidated. Moreover, if any of the provisions contained in this
Agreement are determined by a court of competent jurisdiction to be excessively broad as to duration, activity or subject, it shall be
construed, by limiting or reducing it to the extent legally permitted, so as to be enforceable to the maximum extent compatible with then
applicable law.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(j)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Withholding Taxes</U>. All payments hereunder shall be subject to any and all applicable federal,
state, local and foreign withholding taxes.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(k)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Compliance with Section 409A</U>. Notwithstanding anything herein to the contrary, (i) if at the
time of Executive&rsquo;s termination of employment with the Company the Executive is a &ldquo;specified employee&rdquo; as defined in
Section 409A of the Internal Revenue Code of 1986, as amended (the &ldquo;<U>Code</U>&rdquo;), and the deferral of the commencement of
any payments or benefits otherwise payable hereunder as a result of such termination of employment is necessary in order to prevent any
accelerated or additional tax under Section 409A of the Code, then the Company shall defer the commencement of the payment of any such
payments or benefits hereunder (without any reduction in such payments or benefits ultimately paid or provided to Executive) until the
date that is six months following Executive&rsquo;s termination of employment with the Company (or the earliest date as is permitted under
Section 409A of the Code) and (ii) if any other payments of money or other benefits due to Executive hereunder could cause the application
of an accelerated or additional tax under Section 409A of the Code, such payments or other benefits shall be deferred if deferral will
make such payment or other benefits compliant under Section 409A of the Code, or otherwise such payment or other benefits shall be restructured,
to the extent possible, in a manner, determined by the Board, that does not cause such an accelerated or additional tax while, to the
extent possible, preserving the overall economic benefit to the Executive of such payments or benefits. The Company shall consult with
Executive in good faith regarding the implementation of the provisions of this Section 7 (k); <U>provided</U> that neither the Company
nor any of its officers, directors, shareholders, employees, agents or representatives shall have any liability to the Executive with
respect thereto.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(l)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Survival</U>. Notwithstanding the termination of the Executive&rsquo;s employment hereunder, the
terms, conditions and provisions contained herein shall survive such termination.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(m)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt"><U>Counterparts</U>. The Parties agree that this Agreement may be signed in two (2) or more counterparts,
each of which shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same instrument.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0.5in"><I>[Signature Page Follows]</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><B>IN WITNESS WHEREOF</B>,
the Parties hereto have executed, or have caused to have executed, this Agreement as of the day and year first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><B>DUOS TECHNOLOGIES GROUP INC.</B></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:</TD>
    <TD STYLE="vertical-align: top; width: 46%">/s/ Adrian Goldfarb</TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: #000000 1px solid; vertical-align: top">Name: Adrian Goldfarb<BR>Title:&nbsp;Chief Financial
    Officer</TD>
</TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0pt; margin-top: 0pt; margin-bottom: 6pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:</TD>
    <TD STYLE="vertical-align: top; width: 46%">/s/ Kennth Ehrman</TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: #000000 1px solid; vertical-align: top">Name: Kennth Ehrman<BR>Title:&nbsp;Chairman of the Board</TD>
</TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><B>EXECUTIVE</B></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:</TD>
    <TD STYLE="vertical-align: top; width: 46%">/s/ Charles P. Ferry</TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: #000000 1px solid; vertical-align: top">CHARLES P. FERRY, an individual</TD>
</TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"><B></B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><B>Exhibit A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3in"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center">EQUITY AWARD
AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">This
Equity Award Agreement (this &ldquo;<B><U>Agreement</U></B>&rdquo;) is entered into as of January 1, 2025, by and between Duos
Technologies Group, Inc., a Florida corporation (the &ldquo;<B><U>Company</U></B>&rdquo;), and Charles P. Ferry (the
&ldquo;<B><U>Grantee</U></B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>WHEREAS</B>,
pursuant to the authority of the Board of Directors (the &ldquo;<B><U>Board</U></B>&rdquo;), the Company has made the equity awards specified
below to the Grantee pursuant to the terms of the Duos Technologies Group, Inc. 2021 Equity Incentive Plan, as amended (the &ldquo;<B><U>Plan</U></B>&rdquo;);
and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>WHEREAS</B>,
all capitalized terms not otherwise defined herein shall have the meanings given to them in the Plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>NOW,
THEREFORE</B>, in consideration of the mutual promises and covenants contained herein, the parties hereto do agree as follows;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Grant Award of Restricted Stock</U>. The Company hereby awards, subject to the terms of this Agreement and the Plan, 522,889
shares of the authorized shares of common stock of the Company, subject to the restrictions connected herein (the &ldquo;<B><U>Restricted
Stock</U></B>&rdquo;). In order to accept the grant of the Restricted Stock hereunder, the Grantee must deliver to the Company:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>This Agreement, duly executed;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>His Employment Agreement, dated as of the date hereof, between the Company and the Grantee (the &ldquo;<B><U>Employment Agreement</U></B>&rdquo;),
duly executed; and</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>An acknowledgment of the cancellation, effective December 31, 2024, of all options previously granted by the Company to the Grantee,
whether under the Plan or otherwise, including those listed on <B><U>Attachment 1</U></B> hereto. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">2.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Vesting</U>. Subject to the terms hereof and the Plan, all of the Restricted Stock shall vest on December 31, 2027 (the &ldquo;<B><U>Vesting
Date</U></B>&rdquo;), subject to the Grantee continuing to provide services as an employee of the Company or a Related Corporation through
such date. Except as provided herein, none of the Restricted Stock shall vest prior to the Vesting Date.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">3.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Forfeiture of Restricted Stock</U>. Subject to Section 4, notwithstanding any other provision of this Agreement, all of the
Restricted Stock granted hereunder shall be forfeited by the Grantee and canceled in the event any of the following events occur prior
to the Vesting Date:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The termination of the Grantee's employment with the Company for Cause or without Good Reason, as such terms are defined in the
employment agreement of such Grantee, or if such term or terms is not defined in the employment agreement or there is not an employment
agreement as amended or if the Company discovers or becomes aware after termination of the Grantee&rsquo;s employment of conduct by the
Grantee during employment that would have constituted Cause; or </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The occurrence of any one or more of the following:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(i)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee purchases or sells securities of the Company without written authorization in accordance with the Company&rsquo;s
insider trading policy then in effect, if any;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(ii)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee (A) discloses, publishes or authorizes anyone else to use, disclose or publish, without the prior written consent
of the Company, any proprietary or confidential information of the Company, including, without limitation, any information relating to
existing or potential customers, business methods, financial information, trade or industry practices, sales and marketing strategies,
employee information, vendor lists, business strategies, intellectual property, trade secrets or any other proprietary or confidential
information or (B) directly or indirectly uses any such proprietary or confidential information for the individual benefit of the Grantee
or the benefit of a third party;&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(iii)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee fails to reasonably cooperate to effect a smooth transition of the Grantee&rsquo;s duties and to ensure that the Company
is apprised of the status of all matters the Grantee is handling or is unavailable for consultation after termination of employment of
the Grantee if such availability is a condition of any agreement to which the Company and the Grantee are parties;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(iv)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee fails to assign all of such Grantee&rsquo;s rights, title and interest in and to any and all ideas, inventions, formulas,
source codes, techniques, processes, concepts, systems, programs, software, computer data bases, trademarks, service marks, brand names,
trade names, compilations, documents, data, notes, designs, drawings, technical data and/or training materials, including improvements
thereto or derivatives therefrom, whether or not patentable or subject to copyright or trademark or trade secret protection, developed
and produced by the Grantee used or intended for use by or on behalf of the Company or the Company&rsquo;s clients;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(v)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee acts in a disloyal manner to the Company, such as making comments, whether oral or in writing, that tend to disparage
or injure (i) the reputation or business of the Company or its Affiliates, or is likely to result in discredit to, or loss of business,
reputation, or goodwill of, the Company or its Affiliates or (ii) its directors, officers, or stockholders; or</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(vi)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>A finding by the Board that the Grantee has acted against the interests of the Company or in a manner that has or may have a detrimental
effect on the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">4.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Accelerated Vesting</U>. If, prior to the Vesting Date, any of the following events occurs, all of the Restricted Stock granted
hereunder shall be deemed to be fully vested as of the date of such event (provided that the Grantee has continued to provide services
as an employee of the Company or a Related Corporation through the date of such event): </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee becomes disabled (as defined in the Employment Agreement, as it may be amended, or any other agreement between the
Grantee and the Company or any Related Corporation);</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee dies;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Company or any Related Corporation terminates the services provided by the Grantee to the Company and all Related Corporations
(if any) without Cause (as defined in the Employment Agreement, as it may be amended, or any other agreement between the Grantee and
the Company or any Related Corporation);</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee terminates the services provided by him to the Company and all Related Corporations (if any) for Good Reason (as defined
in the Employment Agreement, as it may be amended, or any other agreement between the Grantee and the Company or any Related Corporation);
or</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(e)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The consummation, after the date hereof, pursuant to a transaction or series of related transactions, of any of (a) an acquisition
after the date hereof by an individual or legal entity or &ldquo;group&rdquo; (as described in Rule 13d-5(b)(1) promulgated under the
Securities Exchange Act of 1934, as amended) (other than any individual, entity or group named as a 5% Beneficial Holder in the beneficial
ownership table in the Company&rsquo;s Proxy Statement dated August 16, 2024 (or any affiliate thereof)) &nbsp;of effective control (whether
through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 50% of the voting securities
of the Company, (b) a merger of the Company into or consolidation of the Company with any other entity, or a merger by another entity
into or a consolidation of another entity with the Company and, after giving effect to such transaction, the stockholders of the Company
immediately prior to such transaction own less than 50% of the aggregate voting power of the Company or the successor entity of such
transaction, (c) a sale or transfer by the Company of all or substantially all of its assets to another entity and the stockholders of
the Company immediately prior to such transaction own less than 50% of the aggregate voting power of the acquiring entity immediately
after the transaction, or (d) a replacement at one time or within a three-year period of more than one-half of the members of the Board
of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on the date hereof (or
by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board of Directors was
approved by a majority of the members of the Board of Directors who are members on the date hereof.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">5.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Transfer</U>. Prior to any vesting in full of the Restricted Stock, the Grantee may not transfer, sell, gift, dispose of, assign
or pledge, whether voluntarily or involuntarily, any of the Restricted Stock. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">6.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Representations and Warranties of the Grantee</U>. The Grantee represents and warrants to the Company that:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>He is an Accredited Investor, as defined in Rule 501(a) of Regulation D promulgated pursuant to the Securities Act of 1933, as
amended; </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>He is familiar with all aspects of the Company and its business, financial condition, operations, and prospects and has reviewed
all of the Company&rsquo;s filings with the Securities and Exchange Commission; and </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>He has received no representation or warranty from the Company or anyone acting on the Company&rsquo;s behalf. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">7.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Section 83(b) Election</U>. The Grantee is eligible to make an election under Section 83(b) of the Code with respect to his
initial receipt of the Restricted Stock, in the form attached hereto as <U>Exhibit B</U>, within thirty (30) days of the issuance of
such Restricted Stock and agrees to promptly provide a copy of any such election to the Company. The Grantee hereby acknowledges that
if the Grantee makes this election, to the extent determined necessary by the Grantee, he will have reviewed with his own tax advisors
the tax consequences of this Award Agreement, the grant and its surrounding circumstances, and the terms and structure of the Grantee&rsquo;s
ownership of the Restricted Stock, and is relying solely on such advisors and not on any statements or representations of the Company
or any of its subsidiaries or agents. The Grantee understands that the Grantee (and not the Company) shall be responsible for the Grantee&rsquo;s
own tax liability that may arise as result of the transactions contemplated by this Award Agreement or relating in any manner to the
Restricted Stock.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">8.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Miscellaneous</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Tax Withholding</U>. The Company shall have the right to deduct (or cause the deduction) from any payments due to the Grantee,
any taxes required by law to be withheld with respect to the Restricted Stock. The Grantee hereby indemnifies and holds harmless the
Company and its affiliates for all U.S. federal and applicable state and local taxes, interest, penalties, and other additions thereto
in connection with the grant of the Restricted Stock.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Amendments, Waiver</U>. This Award Agreement may only be amended by the written consent of the parties to this Award Agreement
at the time of such amendment. Either party&rsquo;s failure to enforce any of the provisions of this Award Agreement shall not in any
way be construed as a waiver of any such provision, nor prevent that party from thereafter enforcing any other provision of this Award
Agreement. The rights granted both parties hereunder are cumulative and shall not constitute a waiver of either party&rsquo;s right to
assert any other available legal remedy.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>No Fiduciary Relationship</U>. This Award Agreement shall not establish any fiduciary relationship between the Company or the
Grantee.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Governing Law</U>. This Award Agreement shall be construed in accordance with and governed by the laws of the State of Florida
without regard to any conflicts of laws rules or principles that would result in the application of the laws of any other jurisdiction.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(e)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Validity</U>. If any provision of this Award Agreement is or becomes invalid or unenforceable in any jurisdiction, or would
disqualify this Award Agreement under any law deemed applicable by the Board, such provision shall be construed or deemed amended or
limited in scope to conform to applicable laws or, in the discretion of the Board, it shall be stricken and the remainder of this Award
Agreement shall remain in full force and effect.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(f)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>No Right of Employment</U>. Nothing in this Award Agreement shall confer on the Grantee any right to continue in the employ
of the Company or any of its subsidiaries or limit in any way the right of the Company or any of its subsidiaries to terminate the Grantee&rsquo;s
employment at any time, with or without cause subject to the terms of the Employment Agreement, as it may be amended.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(g)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Entire Agreement; Counterparts</U>. This Award Agreement and the Plan constitute the entire agreement of the parties with respect
to the Restricted Stock and supersede all prior undertakings and agreements with respect to the subject matter hereof. There are no representations,
agreements, arrangements, or understandings, oral or written, between or among the parties hereto, relating to the subject matter of
this Award Agreement, that are not fully expressed herein and the Plans. This Award Agreement may be executed and delivered in multiple
counterparts, including by electronic signature and/or delivery method, all of which shall be considered one and the same agreement.
</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(h)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Further Assurances</U>. Each party to this Award Agreement agrees to perform all further acts and to execute and deliver all
further documents as may be reasonably necessary to carry out the intent of this Award Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(i)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Construction</U>. Whenever used in this Award Agreement, the singular number will include the plural, and the plural number
will include the singular, and the masculine or neuter gender shall include the masculine, feminine, or neuter gender. The headings of
the Sections herein have been inserted for purposes of convenience and shall not be used for interpretive purposes.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space: nowrap">(j)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Successors</U>. The rights and obligations of the Company under this Award Agreement shall be transferable to any successor
to all or substantially all of its business. Except as otherwise contemplated herein, the rights and obligations of the Grantee under
this Award Agreement may only be assigned with the prior written consent of the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><I>[Remainder of
page intentionally left blank.</I>]</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><B>IN WITNESS WHEREOF</B>,
the parties hereto have executed this Award Agreement as of date first written above.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0"></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B><U>COMPANY</U></B></FONT></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><B>DUOS TECHNOLOGIES GROUP INC.</B></P></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:</TD>
    <TD STYLE="vertical-align: top; width: 46%"></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: #000000 1px solid; vertical-align: top">Name: Adrian Goldfarb<BR>Title:&nbsp;Chief Financial
    Officer</TD>
</TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: left"></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><B>IN WITNESS WHEREOF</B>,
the parties hereto have executed this Award Agreement as of date first written above.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0"></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B><U>GRANTEE</U>:</B></FONT></P></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">Printed Name: Charles P. Ferry</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><U>ADDRESS</U>:</FONT></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">XXXX</FONT></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"></FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 46%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0.5in 3in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in"></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; letter-spacing: -0.5pt; text-align: center"><FONT STYLE="font-size: 10pt"><U>ATTACHMENT
1</U></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #153D64">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt; color: white"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="6" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt; color: white">Existing Options Grants</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt; color: white">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #153D64">
    <TD STYLE="white-space: nowrap; width: 23%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt; color: white"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt; color: white"><I>Series 2</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt; color: white"><I>Series 3</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt; color: white"><I>Series 4</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt; color: white"><I>Series 5</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt; color: white"><I>Series 6 </I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt; color: white"><I>Series 6A</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt; color: white"><I>&nbsp;</I></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #FBE2D5">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt"><I>Strike Price</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">$4.74</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">$6.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">$4.18-$4.32</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">$6.41</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">$4.22</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">$4.22</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #FBE2D5">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt"><I>Expriation</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">31-Mar-25</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">31-Mar-25</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">31-Aug-25</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">31-Dec-26</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">31-Mar-28</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">30-Nov-28</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #FBE2D5">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #196B24">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt; color: white"><B>Chuck Ferry</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">Number</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100,000 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100,000 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37,889 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">Vested</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100,000 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100,000 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25,259 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">Un-vested</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12,630 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #FBE2D5">
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">Cancelled</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100,000 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100,000 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37,889 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Aptos Narrow,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(237,889)</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="letter-spacing: -0.1pt"><B>EXHIBIT
B - NONDISCLOSURE, NON-SOLICITATION </B></FONT><B>AND</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; text-align: center"><B>COVENANT NOT TO COMPETE AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.75pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 20pt; text-align: justify">In
consideration of, and as a condition of, his or her employment or continued employment as an employee or independent contractor by <B>Duos
Technologies, Inc.</B> (which, along with any parent or subsidiary, is hereinafter referred to as the &quot;COMPANY&quot;), and in consideration
of the mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the COMPANY and the individual named on the signature page hereof (hereinafter referred to as &quot;EMPLOYEE&quot; irrespective of the
individual's employment by COMPANY as an employee or as an independent contractor) hereby agree as of the date set forth below as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.55pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>1</B>.
</FONT><FONT STYLE="font-size: 10pt"><B>Obligations of Nondisclosure and Nonuse of Confidential Information. </B>EMPLOYEE shall not at
any time, whether during or after the termination of his or her employment, reveal to any person or entity or use for any purpose any
of the trade secrets or confidential information concerning the organization, business or finances of the COMPANY or of any third party
which the COMPANY is under an obligation to keep confidential (including, but not limited to, trade secrets or confidential information
respecting inventions, products, designs, methods, know-how, techniques, systems, processes, software programs, works of authorship,
customer lists, projects, plans and proposals), except as may be required in the ordinary course of performing his or her duties as an
employee or independent contractor of the COMPANY.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.5pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>2.
</B></FONT><B><FONT STYLE="font-size: 10pt">Restrictions on Use and Disclosure of COMPANY Materials.</FONT></B><FONT STYLE="font-size: 10pt">
EMPLOYEE shall not at any time, whether during or after the termination of his or her employment, make, use or permit to be used any
notes, memoranda, reports, lists, records, drawings, sketches, specifications, software programs, data, documentation or other materials
of any nature, or copies thereof, in whole or in part, relating to any matter within the scope of the business of the COMPANY or concerning
any of its dealings or affairs (collectively, the &quot;COMPANY Materials&quot;) otherwise than for the benefit of the COMPANY. All COMPANY
Materials are and shall at all times be and remain the sole and exclusive property of the COMPANY. Immediately upon the termination of
his or her employment, EMPLOYEE shall deliver all COMPANY Materials to the COMPANY, at its main office.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.25pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>3.</B></FONT><B><FONT STYLE="font-size: 10pt; letter-spacing: 0pt">
Rights to Inventions and Work Product.</FONT></B> <FONT STYLE="font-size: 10pt">For the purposes of this Agreement, the term
&quot;Inventions and Work Product&quot; means any invention, modification, discovery, design, development, improvement, process,
method, software program, work of authorship, work product, documentation, formula, data, technique, or know-how that EMPLOYEE
(either alone or jointly with others) makes, conceives, creates, discovers, invents or reduces to practice prior to, or during his
or her employment that</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 2pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/113% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(a)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">relates to the
business of the COMPANY or any customer of or supplier to the <FONT STYLE="letter-spacing: -0.1pt">COMPANY,</FONT></FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/113% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(b)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">relates to any
of the products or services being developed, manufactured or sold by the COMPANY,</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/10.75pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(c)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.2pt">results
from tasks assigned him or her by the COMPANY,</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.25pt">or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/116% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(d)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">results from the
use of premises or personal property (whether tangible or intangible) owned, leased, or contracted for by the COMPANY.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 20pt; text-align: justify">EMPLOYEE
represents and warrants to the COMPANY that he or she currently claims no rights in any invention, patented or not patented, modification,
discovery, design, development, improvement, process, method, software program, work of authorship, work product, documentation, formula,
data, technique or know-how described in subsections (a) through (d) above, except for those set forth and described on <U>Schedule
A</U> hereof. If none are set forth on <U>Schedule A.</U> the EMPLOYEE thus warrants that none exist.
All Inventions and Work Product,
all intellectual property rights therein and thereto, and the benefits thereof are and shall immediately become the sole and absolute
property of the COMPANY and its assigns, as works made for hire or <FONT STYLE="letter-spacing: -0.1pt">otherwise. EMPLOYEE shall promptly
disclose to the COMPANY (or any persons designated by it) all </FONT><FONT STYLE="letter-spacing: -0.2pt">such Inventions and Work Product.
EMPLOYEE hereby assigns any and all rights that EMPLOYEE has, </FONT>may have or may acquire in any and all Inventions and Work Product,
all intellectual property rights therein and thereto, and the benefits thereof to the COMPANY and its assigns without further compensation.
EMPLOYEE shall communicate, without cost or delay, and without disclosing to others the same, all available information relating thereto
(with all necessary plans and models) to the COMPANY.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.7pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>4.</B></FONT><B><FONT STYLE="font-size: 7pt; color: #080808; letter-spacing: 0pt"> </FONT></B><B><FONT STYLE="font-size: 10pt; color: #080808">Further Acts.</FONT></B><FONT STYLE="color: #080808; font-size: 10pt"> EMPLOYEE
will, during his or her employment and at any time thereafter, at the request and cost of the COMPANY, promptly sign, execute, make and
do all such deeds, documents, acts and things as the COMPANY and its duly authorized agents may reasonably require to apply for, obtain,
register and vest in the name of the COMPANY alone (unless the COMPANY otherwise directs) letters patent, copyrights, trademarks or other
analogous protection for all Inventions and Work Product in any country throughout the world and when so obtained or vested to renew
and restore the same, and to defend any judicial, opposition or other proceedings in respect of such applications and any judicial, opposition
or other proceedings or petitions or applications for revocation of such letters patent, copyright, trademark or other analogous protection.
In the event the COMPANY is unable, after reasonable effort, to secure EMPLOYEE's signature on any application for letters patent, copyright
or trademark registration or other documents regarding any legal protection relating to any Inventions and Work Product, whether because
of his or her physical or mental incapacity</FONT> <FONT STYLE="font-size: 10pt; color: #232323">or for any</FONT> <FONT STYLE="font-size: 10pt; color: #080808">other
reason whatsoever, EMPLOYEE hereby irrevocably designates and appoints the </FONT><FONT STYLE="font-size: 10pt; color: #232323">COMPANY
</FONT><FONT STYLE="font-size: 10pt; color: #080808">and its duly authorized officers and agents as his or her agent and attorney-in-fact,
to act for and on his or her behalf and stead to execute and file any such application or applications or other documents and to do all
other lawfully permitted acts to further the prosecution and issuance of letters patent, copyright or trademark registrations or any
other legal protection thereon with the same legal force and effect as if executed by him or her.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: #080808; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><B>5.
Non-Solicitation of Employees. </B>For <FONT STYLE="letter-spacing: 0pt">a period of one year </FONT>after the date on which EMPLOYEE's
employment with the COMPANY terminates for any reason, whether voluntarily or involuntarily, EMPLOYEE shall not, without the COMPANY's
prior written consent, solicit or hire any person who is employed by the COMPANY. However, the above will not apply to a) an individual
who responds to a general solicitation of employment or a generalized employee search by headhunter/search firms (in either case not
specifically directed at any employee of the COMPANY or b) soliciting or hiring any former COMPANY Employee whose employment has been
terminated by the COMPANY prior to the first date of the solicitation.</P>

<P STYLE="font: 11pt/113% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>6.&nbsp;</B></FONT><B><FONT STYLE="font-size: 10pt">Non-Solicitation
of Customers.</FONT></B><FONT STYLE="font-size: 10pt"> For that period commencing on the date hereof and ending one year after the date
on which EMPLOYEE'S employment with the COMPANY terminates for any reason, whether voluntarily or involuntarily, EMPLOYEE shall not,
without prior written consent of the COMPANY, directly or indirectly, , as an individual, sole proprietor, partner, stockholder, officer,
director, employee, independent contractor, agent, joint venturer, investor, lender, or in any other capacity whatsoever (other than
as the holder of not more than one percent (1%) of the total outstanding stock of a publicly traded company), solicit any customer or
prospective customer of the COMPANY for the purpose of conducting business with any person or entity other than the COMPANY, or in any
manner seek to induce any such customer to cease or refrain from doing business with the COMPANY. For purposes hereof, a customer of
the COMPANY is defined to mean any customer doing business with the COMPANY during the time of the engagement of the EMPLOYEE and any
prospective customer contacted by the COMPANY during such time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.7pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>7.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt">&nbsp; </FONT><FONT STYLE="font-size: 10pt">Covenant
Not to Compete.</FONT></B><FONT STYLE="font-size: 10pt"> For that period commencing 30 days after the date hereof and ending one
year after the date on which EMPLOYEE's employment with the COMPANY terminates for any reason, whether voluntarily or involuntarily,
EMPLOYEE shall not, without prior written consent of the COMPANY, directly or indirectly, as an individual, sole proprietor,
partner, stockholder, officer, director, employee, independent contractor, agent, joint venturer, investor, lender, or in any other
capacity whatsoever (other than as the holder of not more than one percent (1%) of the total outstanding stock of a publicly traded
company): (a) engage in the business of developing, producing, marketing or selling products or services of the kind or type
developed or being developed, produced, marketed, sold or provided by the COMPANY while EMPLOYEE was <FONT STYLE="letter-spacing: -0.2pt">employed
by the COMPANY; (b) engage in any business in which EMPLOYEE provides services which </FONT><FONT STYLE="letter-spacing: -0.1pt">are
the same or substantially similar to the services which EMPLOYEE performed for the COMPANY; </FONT>or (c) engage directly or
indirectly with any of the Company's customers as prospects that have been contacted by Employee at any time on behalf of the
Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.35pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>8.
</B></FONT><B><FONT STYLE="font-size: 10pt">Equitable Relief.</FONT></B><FONT STYLE="font-size: 10pt"> EMPLOYEE agrees that any breach
of this Agreement by him or her will cause irreparable damage to the COMPANY and that, in the event of such breach, the COMPANY shall
have, in addition to any and all remedies of law, the right to an injunction, specific performance or other equitable relief to prevent
the violation of EMPLOYEE's obligations hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.4pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>9.
No Obligation of Engagement or Employment.</B></FONT> <FONT STYLE="font-size: 10pt">EMPLOYEE understands that this Agreement does not
create an obligation on the part of the COMPANY or any other person or entity to employ EMPLOYEE or to continue his or her engagement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.75pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>10.
</B></FONT><B><FONT STYLE="font-size: 10pt">Employee Representations.</FONT></B><FONT STYLE="font-size: 10pt"> EMPLOYEE hereby represents
<FONT STYLE="letter-spacing: -0.1pt">that:</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.4pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/113% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(a)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EMPLOYEE is not
obligated to any party to refrain from using or disclosing any trade secret or confidential or proprietary information or to refrain
from competing, directly or indirectly, with the business of such party. If EMPLOYEE is so obligated, <FONT STYLE="letter-spacing: -0.1pt">EMPLOYEE
shall initial this provision, list any and all such agreements on <U>Schedule B</U></FONT> hereto and provide a copy of any and all such
agreements to COMPANY. If no agreements are listed and provided, the EMPLOYEE warrants that none exists.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/111% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(b)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.2pt">EMPLOYEE's
performance of all the terms of this Agreement and as an EMPLOYEE of </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
COMPANY does not and will not breach any agreement or obligation to keep in confidence and not use or disclose any proprietary information,
knowledge or data acquired by EMPLOYEE in confidence or in trust.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt/113% Times New Roman, Times, Serif; margin: 8.6pt 0 0 94.15pt; text-indent: -0.05pt; color: #070707"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/111% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(c)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.2pt">EMPLOYEE
will not use or disclose to the COMPANY or induce the COMPANY to use </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any
confidential or proprietary information or material belonging to any previous employer or others in connection with his or her performance
of services for the <FONT STYLE="letter-spacing: -0.1pt">COMPANY.</FONT></FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/111% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(d)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.1pt">EMPLOYEE
has not entered into, and EMPLOYEE agrees EMPLOYEE will not enter </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">into,
any agreement, either written or oral, in conflict herewith.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.35pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt/112% Times New Roman, Times, Serif; margin: 0 9.05pt 0 27.3pt; text-align: justify; text-indent: 0.1pt; color: #070707"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 11pt/112% Times New Roman, Times, Serif; margin: 0 9.05pt 0 27.3pt; text-align: justify; text-indent: 0.1pt; color: #070707"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B></B></FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>11.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt"> </FONT><FONT STYLE="font-size: 10pt">Waiver.</FONT></B><FONT STYLE="font-size: 10pt"> Any waiver by the COMPANY of a breach of any provision
of this Agreement shall not operate or be construed as a waiver of any subsequent breach of such provision or any other provision hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.55pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>12.
</B></FONT><B><FONT STYLE="font-size: 10pt">Requirement of A Writing.</FONT></B><FONT STYLE="font-size: 10pt"> Any amendment to, waiver
of, or modification of this Agreement or any provisions hereof shall be in writing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.6pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>13.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt"> </FONT><FONT STYLE="font-size: 10pt">Entire Agreement.</FONT></B><FONT STYLE="font-size: 10pt"> This Agreement constitutes the entire
agreement between the COMPANY and EMPLOYEE with respect to the subject matter hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.65pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>14.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt"> </FONT><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">Severability and Construction.</FONT></B><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">
EMPLOYEE hereby agrees that each provision herein shall be </FONT><FONT STYLE="font-size: 10pt">treated as a separate and independent
clause, and the unenforceability of any one clause shall in no way impair the enforceability of any of the other clauses herein. Moreover,
if one or more of the provisions contained in this Agreement shall for any reason be held to be excessively broad as to scope, activity,
subject or otherwise so as to be unenforceable at law, such provision or provisions shall be construed by the appropriate judicial body
by limiting or reducing it or them, so as to be enforceable to the maximum extent compatible with the applicable law as it shall then
appear.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.3pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>15.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt"> </FONT><FONT STYLE="font-size: 10pt">Survival.</FONT></B><FONT STYLE="font-size: 10pt"> EMPLOYEE's obligations under this Agreement shall
survive the termination of his or her employment or engagement by the COMPANY regardless of the manner of such termination and shall
be binding upon his or her heirs, executors, administrators and legal representatives.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.3pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>16.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt"> </FONT><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt">Assignment.</FONT></B><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt">
The COMPANY and any of its subsidiaries, subdivisions, or affiliates, shall have the right to assign this Agreement to their successors
and assigns, and all covenants and agreements hereunder shall inure to the benefit of and be enforceable by said successors or assigns.
EMPLOYEE </FONT><FONT STYLE="font-size: 10pt">hereby consents to the assignment of this Agreement by the COMPANY. This Agreement is personal
to EMPLOYEE and shall not be assigned by him or her.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.3pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>17.
</B></FONT><B><FONT STYLE="font-size: 10pt">Governing Law.</FONT></B><FONT STYLE="font-size: 10pt"> This Agreement shall be governed
by and construed in accordance with the laws of the State of Florida.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.6pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>18.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt"> </FONT><FONT STYLE="font-size: 10pt">Attorneys' Fees.</FONT></B><FONT STYLE="font-size: 10pt"> In the event the COMPANY seeks to enforce
the terms of this Agreement in a legal proceeding, the prevailing party in such a legal proceeding shall be entitled to recover reasonable
attorneys' fees and costs including, but not limited to, reasonable attorneys' fees and costs incurred by the prevailing party in any
appeal relating to the legal proceeding, or in any proceeding in bankruptcy.</FONT></P>

<P STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; margin: 11.4pt 0 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 20pt; text-align: justify"><FONT STYLE="color: #0A0A0A; letter-spacing: -0.1pt">IN
WITNESS WHEREOF, EMPLOYEE and COMPANY have executed this</FONT> <FONT STYLE="letter-spacing: -0.1pt">NONDISCLOSURE, NON-SOLICITATION
</FONT><FONT STYLE="color: #070707">AND COVENANT NOT TO COMPETE AGREEMENT </FONT><FONT STYLE="color: #0A0A0A; letter-spacing: -0.1pt">as
a sealed </FONT><FONT STYLE="color: #0A0A0A">instrument as of January 1, 2025.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.9pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.9pt 0 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 45%"><B>DUOS
TECHNOLOGIES GROUP, INC.</B></TD>
  <TD STYLE="width: 5%"><B>&nbsp;</B></TD>
  <TD STYLE="width: 45%"><FONT STYLE="letter-spacing: 0pt"><B>EMPLOYEE</B></FONT></TD>
  <TD STYLE="width: 5%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid">By:</TD>
  <TD>&nbsp;</TD>
  <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD></TD>
  <TD>&nbsp;</TD>
  <TD>Signature</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid">Title:</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD STYLE="border-bottom: Black 1pt solid"></TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Charles P. Ferry</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD><P STYLE="margin-top: 0; margin-bottom: 0">XXXX</P></TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.9pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 2.1pt 0 0 261.35pt">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10.15pt 5.8pt 0 0; text-align: right"><U>SCHEDULE
 </U>A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.3pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 24.3pt; text-align: center; color: #0A0A0A">Rights to Inventions and
Work <FONT STYLE="letter-spacing: -0.1pt">Product</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1.1pt 0 24.3pt; text-align: center; color: #0A0A0A">(if none or not applicable,
please indicate so in writing <FONT STYLE="letter-spacing: -0.1pt">below)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1.1pt 0 24.3pt; text-align: center; color: #0A0A0A"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1.1pt 0 24.3pt; text-align: center; color: #0A0A0A"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; color: #0A0A0A; margin-top: 0pt; margin-bottom: 6pt; margin-left: 20pt; text-indent: 0pt; text-align: justify"></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; color: #0A0A0A; margin-top: 0pt; margin-bottom: 6pt; margin-left: 20pt; text-indent: 0pt; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 33%">&nbsp;</TD>
  <TD STYLE="width: 34%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
  <TD STYLE="width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Employee</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
  <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
  <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; color: #0A0A0A; margin-top: 0pt; margin-bottom: 6pt; margin-left: 20pt; text-indent: 0pt; text-align: justify">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8.7pt 9.8pt 0 0; text-align: right; color: #013FBD"><FONT STYLE="color: Black"><U>SCHEDULE
<FONT STYLE="letter-spacing: -0.5pt">B</FONT></U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 106.2pt 0 123.35pt; text-align: center; color: #080808">Trade Secret,
Confidentiality or Proprietary Information Agreements</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.6pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 7.1pt 0 24.3pt; text-align: center; color: #080808">Non Competition <FONT STYLE="letter-spacing: -0.1pt">Agreements</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.8pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.05pt 7.85pt 0 24.3pt; text-align: center; color: #080808">(if none or not
applicable, please indicate so in writing <FONT STYLE="letter-spacing: -0.1pt">below)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; color: #0A0A0A; margin-top: 0pt; margin-bottom: 6pt; margin-left: 20pt; text-indent: 0pt; text-align: justify"></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; color: #0A0A0A; margin-top: 0pt; margin-bottom: 6pt; margin-left: 20pt; text-indent: 0pt; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 33%">&nbsp;</TD>
  <TD STYLE="width: 34%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
  <TD STYLE="width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Employee</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
  <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
  <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; color: #0A0A0A; margin-top: 0pt; margin-bottom: 6pt; margin-left: 20pt; text-indent: 0pt; text-align: justify">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

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<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>ex10x2.htm
<DESCRIPTION>ADRIAN GOLDFARB EMPLOYMENT AGREEMENT
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; text-align: right">Exhibit 10.2</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center">EMPLOYMENT AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">THIS EMPLOYMENT AGREEMENT (the &ldquo;<U>Agreement</U>&rdquo;)
is made and entered into as of January 1, 2025, by and between Duos Technologies Group, Inc., a Florida corporation with its principal
place of business located at 7660 Centurion Parkway, Suite 100, Jacksonville, Florida 32256 (the &ldquo;<U>Company</U>&rdquo;), and Adrian
Goldfarb, an individual and resident of the State of Florida (&ldquo;<U>Executive</U>&rdquo; and together with the Company, the &ldquo;<U>Parties</U>&rdquo;
and each, a &ldquo;<U>Party</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">RECITALS</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">A.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt">The Company wishes to employ Executive as Chief Financial Officer because Executive possesses certain
knowledge and skills relating to the Company&rsquo;s business, structure and operations that the Company wishes to retain for the development
and success of the Company&rsquo;s business.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">B.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt">The Company wishes to employ Executive, and Executive wishes to be employed by the Company, on the
terms and conditions contained herein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, in consideration
of the premises set forth above and for other good and valuable consideration mutually exchanged by the Parties, the receipt and sufficiency
of which is hereby acknowledged, the Parties hereby agree as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">1.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Employment; Duties</U>. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt">The Company hereby employs Executive, and Executive hereby accepts employment, as Chief Financial
Officer of the Company, subject to the terms and conditions set forth in this Agreement. As Chief Financial Officer, Executive shall
have such duties, responsibilities and authority as are commensurate and consistent with such position and as may, from time to time,
be assigned to him by the Chief Executive Officer and board of directors of the Company (the &ldquo;<U>Board</U>&rdquo;). During the
Term (as defined herein), Executive shall devote his full business time and efforts to the performance of his duties hereunder, unless
otherwise explicitly authorized by the Board. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">2.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Term of Employment</U>. The term of Executive&rsquo;s employment hereunder, unless sooner terminated
as provided herein (the &ldquo;<U>Initial Term</U>&rdquo;), shall be for a period of three years, commencing January 1, 2025 (the &ldquo;Commencement
Date&rdquo;) and ending on December 31, 2027. The term of this Agreement shall automatically be exended for additional terms of one (1)
year each (each a &ldquo;<U>Renewal Term</U>&rdquo;), unless either Party gives prior written notice of non-renewal (&ldquo;<U>Non-Renewal
Notice</U>&rdquo;) to the other Party no later than sixty (60) days prior to the expiration of the then current Term (as defined herein).
For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the &ldquo;<U>Term.</U>&rdquo;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">3.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Compensation of Executive</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Base Salary.</U> Beginning on the Effective Date, the Company agrees to pay the Executive a base
salary at the annual rate of Three Hundred Twenty Five Thousand Dollars ($325,000). All salary, bonus, or other compensation payable to
the Executive shall be subject to the customary withholding, FICA, medical and other tax and other employment taxes and deductions as
required by federal, state and local law with respect to compensation paid by an employer to an employee. The Board of Directors and any
committees thereof shall perform an annual review of Executive&rsquo;s salary based on a review of Executive&rsquo;s performance of his
duties and the Company&rsquo;s other compensation policies. Salary is to be paid twice a month; 24 times per year in accordance with the
normal company payroll policy and timing. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Annual Performance Bonus</U>. Beginning on the effective date, in addition to the Base Salary,
the Executive is eligible for an annual performance bonus in an amount up to 80% of the Executive&rsquo;s base salary Two Hundred Sixty
Thousand Dollars ($260,000) per year in accordance with criteria, including but not limited to revenue targets, profitability and other
key performance indicators as recommended by the CEO and accepted by the Board of Directors as part of the Annual Strategic Plan. The
annual performance bonus will be calculated based on meeting specified metrics aggregated from January 1st to December 31st. The bonus,
once calculated and approved by the Board of Directors will be paid in two payments (one in April and one in October). </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Equity Compensation</U>. The Executive will be awarded a total of 441,275 restricted stock shares
which will be cliff vested after a period of three years starting January 1, 2025. Any previous equity and/or stock options awarded (either
vested or unvested) will be cancelled and rolled over into this updated award. For avoidance of doubt, the unvested restricted stock will
be forfeited should Executive no longer be employed by the Company prior to the three year or if terminated for cause. For avoidance of
doubt in the event of a change of control where more than 51% of company ownership is sold all equity compensation issued will be fully
vested prior to the transaction. In addition, if the Executive should elect to retire from the position after 2 years of service, all
equity shall become fully vested. If the Executive should retire before 2 years of service, he shall be entitled to vest in a percentage
of the equity awarded equal to the number of months service completed divided by 24. A separate equity award agreement will be generated
and upon execution of this Agreement, Executive and the Company shall enter into that Equity Incentive Award Agreement in the form attached
hereto as <U>Exhibit A</U> (&ldquo;Equity Incentive Award Agreement&rdquo;). </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Expenses</U>. Pursuant to the Company&rsquo;s customary policies in force at the time of payment,
Executive shall be reimbursed within 30 days, against presentation of vouchers or receipts therefor, for all expenses properly and reasonably
incurred by Executive on behalf of the Company in the performance of Executive&rsquo;s duties hereunder.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(e)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Benefits</U>. Executive shall be entitled to participate in such pension, profit sharing, group
insurance, hospitalization, and group health (for Executive and his immediate family) and benefit plans and all other benefits and plans,
including perquisites, if any, as the Company provides to its senior executives (the &ldquo;<U>Benefit Plans</U>&rdquo;).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(f)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Vacation Benefits</U>. During the Term, the Executive shall be entitled to receive vacation benefits
in accordance with the Company&rsquo;s applicable policies and procedures in effect as of the Effective Date of this Agreement, or which
becomes effective during the Term of this Agreement and/or any renewal or extension period thereafter. Subject to said vacation policies
and procedures, the Executive shall be entitled to receive four (4) weeks of Company paid vacation, per year.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(g)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Indemnification and D&amp;O Insurance</U>. The Company agrees to indemnify the Executive to the
maximum extent permitted by the Company&rsquo;s Articles of Incorporation or Bylaws, including, providing to the Executive, if applicable,
any Directors or Officers Insurance Policy, in effect as of the Effective Date, or which becomes effective during the Term of this Agreement
and/or any renewal or extension period thereafter, with such indemnification of the Executive to be on terms determined by the Board,
or any of its authorized Committees, but on terms no less favorable than provided to any other Company executive, officer or director.
</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">4.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Termination; Disability; Resignation; Termination Without Cause</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Termination for Cause</U>. The Company shall have the right to terminate the Executive&rsquo;s
employment hereunder for Cause. Upon such termination for Cause, Executive shall have no further duties or obligations under this Agreement
(except as provided in Section 8) and the obligations of the Company to Executive shall be as set forth below. For purposes of this Agreement,
&ldquo;Cause&rdquo; shall mean:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT>Executive&rsquo;s
indictment or conviction of a felony or any crime involving moral turpitude under federal, state or local law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT>Executive&rsquo;s
failure to perform (other than as a result of Executive's being Disabled), in any material respect, any of his duties or obligations under
or in accordance with this Agreement for any reason whatsoever, including, without limitation, failure to execute or comply with a direction
of the Board, and the Executive fails to cure such failure after written cure notification from the Board of Directors. Upon receipt of
a cure notice, the Executive shall acknowledge and provide a written corrective action plan within ten business days for approval by the
Board of Directors. The Executive shall implement and report progress of the corrective action plan. If the Board of Directors determines
the corrective action plan is not effective they may approve the Executive&rsquo;s termination for cause.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iii)</FONT>Executive
commits any dishonest, malicious or grossly negligent act which is materially detrimental to the business or reputation of the Company,
or the Company&rsquo;s business relationships, provided, however, that in such event the Company shall give the Executive written notice
specifying in reasonable detail the reason for the termination;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iv)</FONT>Any
intentional misapplication by Executive of the Company&rsquo;s funds or other material assets, or any other act of dishonesty injurious
to the Company committed by Executive; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(v)</FONT>Executive&rsquo;s
use or possession of any controlled substance or chronic abuse of alcoholic beverages, which use or possession the Board of Directors
reasonably determines renders Executive unfit to serve in his capacity as Chief Financial Officer of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0in">In the event the Company
terminates the Executive's employment for Cause, then the Executive shall be entitled to receive only such compensation, expenses and/or
benefits that have been earned, accrued or vested as of the date of such termination (collectively, &ldquo;Accrued Obligations&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Disability</U>. The Company shall have the right to terminate the Executive's employment hereunder
by reason of the Executive's becoming Disabled for an aggregate period of ninety (90) days in any consecutive three hundred sixty (360)
day period (the &ldquo;Disability Period&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT>&ldquo;Disabled&rdquo;
as used in this Agreement means that, by reason of physical or mental incapacity, Executive shall fail or be unable to substantially perform
the essential duties of his employment with or without reasonable accommodation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT>In
the event Executive is Disabled, during the period of such disability he shall continue to receive his base compensation in the amount
set forth in Section 3(a) hereof, which base compensation shall be reduced by the amount of all disability benefits he actually receives
under any disability insurance program in place with the Company until the first to occur of (1) the cessation of the Disability or (2)
the termination of this Agreement by the Company. During the period of Disability and prior to termination, the Executive shall continue
to receive the benefits provided in Section 3 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iii)</FONT>For
the purposes of this Section 4(b), any amounts to be paid to Executive by the Company pursuant to subsection (B) above, shall not be reduced
by any disability income insurance proceeds received by him under any disability insurance policies owned or paid for by the Executive.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iv)</FONT>If
the Executive is terminated at the end of the Disability Period, then the Executive shall receive only such compensation, expenses and/or
benefits that have been earned, accrued or vested as of the date of such termination.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Death</U>. The Company's employment of the Executive shall terminate upon his death and all payments
and benefits shall cease upon such date provided, however, that under this Agreement the estate of such Executive shall be entitled to
receive such compensation, expenses and/or benefits that have been earned, accrued or vested as of the date of such termination. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Termination by the Executive for Good Reason</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0in">The Executive may elect,
by written notice to the Company, such notice to be effective immediately upon receipt by the Company, to terminate his employment hereunder
if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT>The
Company sells all or substantially all of its assets and the Executive is not retained or otherwise has his employment terminated;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT>The
Company merges or consolidates with another business entity in a transaction immediately following which the holders of all of the outstanding
shares of the voting capital stock of the Company own less than a majority of the outstanding shares of the voting capital stock of the
resulting entity (whether or not the resulting entity is the Company); provided, however, that the Executive shall not be permitted to
terminate his employment under this subsection unless he notifies the Company in writing that he does not approve of the transaction or
the directors selected to serve on the Board after the merger or similar transaction described herein; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iii)</FONT>The
Company defaults in making any of the payments required under this Agreement and said default continues for a ninety (90) day period after
the Executive has given the Company written notice of the payment default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0in">If the Executive elects
to terminate his employment hereunder pursuant to this Section 4(d), then the Company shall continue to pay to the Executive his base
salary, awarded bonus amounts and all benefits owed hereunder through the end of the current Term.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(e)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Resignation</U>. If the Executive voluntarily resigns during the Term of this Agreement or any
Renewal Term other than pursuant to Section 4(d) hereof, then all payments and benefits shall cease on the effective date of resignation,
provided that under this Agreement the Executive shall be entitled to receive such compensation, expenses and/or benefits that have been
earned, accrued or vested as of and through the date of such termination, such date of termination to be mutually agreed upon between
the Executive and the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(f)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Termination Without Cause</U>. The Company may terminate this Agreement at any time, for any reason,
or for no reason, effective immediately upon notice to Executive, delivered in accordance with Section 6 of this Agreement, stating Company&rsquo;s
intention to terminate this Agreement. If the Company terminates this Agreement pursuant to this Section 4(f) during the Term of this
Agreement or any Renewal Term, then the Company shall continue to pay to the Executive his base salary hereunder for a period of 12 months
and shall receive all Accrued Obligations as of the date of such termination.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">5.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt">Covenants.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Confidentiality</U>. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT></FONT><FONT STYLE="font-size: 7pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal"><U>Proprietary Information</U>. Executive understands and acknowledges that,
during the course of his employment with the Company, Executive shall create and has created, as well as shall be granted and has been
granted access to, certain valuable information relating to the business of the Company that provides the Company with a competitive advantage
(or that which could be used to the disadvantage of the Company by a Competitive Business, as defined herein), which is not generally
known by, nor easily learned or determined by, persons outside the Company (collectively referred to herein as &ldquo;<U>Proprietary Information</U>&rdquo;)
including, but not limited to: Developments (as defined herein), the Company&rsquo;s products, applications, methods, trade secrets and
other intellectual property, the research, development, procedures, manuals, confidential reports, technical information, financial information,
business plans, prospects of opportunities, purchasing, operating and other cost data, employee information (including, but not limited
to, personnel, payroll, compensation and benefit data and plans), including all such information recorded in manuals, memoranda, projections,
reports, minutes, plans, drawings, sketches, designs, formula books, data, specifications, software programs and records, whether or not
legended or otherwise identified by the Company as Proprietary Information, as well as such information that is the subject of meetings
and discussions and not recorded. Proprietary Information shall not include such information that Executive can demonstrate is generally
available to the public (other than as a result of a disclosure by Executive).</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT></FONT><FONT STYLE="font-size: 7pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal"><U>Duty of Confidentiality</U>. Executive agrees at all times, both during and
after Executive&rsquo;s employment with the Company, (i) to hold all Proprietary Information in a confidential manner for the benefit
of the Company, to reasonably safeguard all such Proprietary Information; and (ii) to adhere to any non-disclosure, confidentiality or
other similar agreements to which Executive or the Company is or becomes a party or subject thereto. Executive also agrees that he shall
not, directly or indirectly, disclose any such Proprietary Information to, or use such Proprietary Information for the benefit of, any
third person or entity outside the Company, except to persons identified in writing by the Company. Executive further agrees that, in
addition to enforcing this restriction, the Company may have other rights and remedies under the common law or applicable statutory laws
relating to the protection of trade secrets. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iii)</FONT></FONT><FONT STYLE="font-size: 7pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal"><U>Investors, Other Third-Parties, and Goodwill</U>. Executive acknowledges
that all Company Investors, together with all distributors, vendors, customers, representatives, agents, licensees and third-parties (&ldquo;<U>Other
Third Parties</U>&rdquo;) that the Executive interacts and works with while employed by Company, are doing business with the Company and
not with the Executive, personally, and that in the course of dealing with such Investors and Other Third Parties, the Company has established
goodwill with respect to each such Investor and Other Third Party that is created and maintained at the Company&rsquo;s expense (&ldquo;<U>Third-Party
Goodwill</U>&rdquo;). Executive also acknowledges that, by virtue of his employment with the Company, he has gained or will gain knowledge
of the business needs of, and other information concerning, the Investors and Other Third Parties, and that Executive will inevitably
have to draw on such information if Executive solicits or provides services to any Investor or Other Third Parties on his own behalf or
on behalf of a Competitive Business. For purposes of this Agreement, &ldquo;<U>Competitive Business</U>&rdquo; shall mean any enterprise
engaged in any business or entity similar to or competitive with the type of business conducted by the Company or any division or subsidiary
of the Company which shall have succeeded to or is engaged in the business of the Company at the time the Executive&rsquo;s employment
with the Company terminates or other business that is substantially similar to that which the Company is engaged, or plans to be engaged,
so long as Executive is directly involved in such business or planned business on behalf of the Company. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iv)</FONT></FONT><FONT STYLE="font-size: 7pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal"><U>Nondisparagement</U>. The Executive agrees that at no time during his employment
by the Company or thereafter, shall he make, or cause or assist any other person to make, any statement or other communication to any
third party which impugns or attacks, or is otherwise critical of, the reputation, business or character of the Company or any of its
respective directors, officers or employees. Likewise, the Company agrees to not disparage the Executive so long as the Executive seperates
from the Company in good standing and abides by all terms of this agreement and signed non-disclosure and non-compete agreements.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Covenant Not To Disclose, Compete or Solicit</U>. Upon execution of this Agreement, Executive
and the Company shall enter into that certain Non-Disclosure, Non-Competition and Non-Solicitation Agreement in the form attached hereto
as <U>Exhibit A</U> (&ldquo;<U>Non-Disclosure, Non-Competition and Non-Solicitation Agreement</U>&rdquo;). </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT> <FONT STYLE="font-size: 10pt"><U>Assignment of Developments</U>. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT></FONT><FONT STYLE="font-size: 7pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal">Executive acknowledges and agrees that all developments, including, without
limitation, the creation of new products, devices, inventions, discoveries, concepts, ideas, improvements, patents, trademarks, trade
names, trade dress, service marks, copyrights, domain names, trade secrets, designs, works, reports, computer software or systems, flow
charts, diagrams, procedures, data, documentation, and writings and applications thereof, including all results and proceeds of the foregoing,
relating to the Business or future business of the Company that Executive, alone or jointly with others, has discovered, suggested, conceived,
created, made, developed, reduced to practice, or acquired during Executive&rsquo;s employment with or as a result of Executive&rsquo;s
employment with the Company (collectively, &ldquo;<U>Developments</U>&rdquo;) are being prepared by Executive as an employee of the Company
within the scope of Executive&rsquo;s employment and shall be considered as &ldquo;works made for hire&rdquo; and shall remain the sole
and exclusive property of the Company, free of any reserved or other rights of any kind on Executive&rsquo;s part. If and to the extent
the fact that the Developments are works made for hire is not effective to place ownership of the Developments and all rights therein
to the Company, then Executive hereby solely, exclusively and irrevocably assigns and transfers to the Company any and all of his right,
title and interest in and to the Developments. Executive agrees to disclose to the Company promptly and fully all future Developments
and, at any time upon request and at the expense of the Company, to execute, acknowledge and deliver to the Company all instruments that
the Company shall prepare and to take any and all other actions that are necessary or desirable, in the reasonable opinion of the Company,
to evidence or effectuate all or any of the Company&rsquo;s rights hereunder, including executing and delivering patent, trademark or
copyright applications and instruments of assignment to the Company and enabling the Company to file instruments of assignment for, to
file and prosecute applications for, and to acquire, maintain, and enforce, all patents, trademarks or copyrights covering the Developments
in all countries in which the same are deemed necessary by the Company. All data, memoranda, notes, lists, drawings, records, files, investor
and client/customer lists, supplier lists, and other documentation (and all copies thereof) made or compiled by Executive or made available
to Executive concerning the Developments or otherwise concerning the past, present, or planned business of the Company are the property
of the Company, and shall be delivered to the Company immediately upon the termination of Executive&rsquo;s employment with the Company.
</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT></FONT><FONT STYLE="font-size: 7pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal">If any patent, trademark or copyright application is filed by Executive or on
Executive&rsquo;s behalf during Executive&rsquo;s employment with the Company or within one (1) year after Executive&rsquo;s leaving the
Company&rsquo;s employ, describing a Development within the scope of Executive&rsquo;s work for the Company or which otherwise relates
to a portion of the business of the Company, of which the Executive had knowledge during Executive&rsquo;s employment with the Company,
it is to be conclusively presumed that the Development was conceived by Executive during the period of such employment.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Remedies</U>. Executive acknowledges that the Company has a compelling business interest in preventing
unfair competition stemming from the intentional or inadvertent use or disclosure of the Company&rsquo;s Proprietary Information. Executive
further acknowledges and agrees that damages for a breach or threatened breach of any of the covenants set forth in this Section 5 will
be difficult to determine and will not afford a full and adequate remedy, and therefore agrees that the Company, in addition to seeking
actual damages in connection therewith and the termination of the Company&rsquo;s obligations in Section 4, may seek specific enforcement
of any such covenant in any court of competent jurisdiction, including, without limitation, by the issuance of a temporary or permanent
injunction without the necessity of showing any actual damages or posting any bond or furnishing any other security, and that the specific
enforcement of the provisions of this Agreement will not diminish Executive&rsquo;s ability to earn a livelihood or create or impose upon
Executive any undue hardship. Executive also agrees that any request for such relief by the Company shall be in addition to, and without
prejudice to, any claim for monetary damages that the Company may elect to assert. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(e)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Rights to Materials and Return of Materials</U>. All papers, files, notes, correspondence, lists,
software, software code, memoranda, e-mails, price lists, plans, sketches, documents, reports, records, data, research, proposals, specifications,
technical information, models, flow charts, schematics, tapes, printouts, designs, graphics, drawings, photographs, abstracts, summaries,
charts, graphs, notebooks, investor lists, customer/client lists, information on the use, development and integration of software, information
relating to the research, development, preparation, maintenance and sale of any Company created products, and all other compilations of
information, regardless of how such information may be recorded and whether in printed form or on a computer or magnetic disk or in any
other medium (together with all copies of such documents and things) relating to the Business of the Company or containing Proprietary
Information and/or Developments, which Executive shall use or prepare or come in contact with in the course of, or as a result of, Executive&rsquo;s
employment by the Company shall, as between the parties to this Agreement, remain the sole property of the Company. Laptop computers,
other computers, software and related data, information and other property provided to Executive by the Company or obtained by Executive,
directly or indirectly, from the Company, also shall remain the sole property of the Company. Upon the termination of Executive&rsquo;s
employment or upon the prior demand of the Company, Executive shall immediately return all such materials and things to the Company and
shall not retain any copies or remove or participate in removing any such materials or things from the premises of the Company after termination
or the Company&rsquo;s request for return.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">6.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt">Notices. Any notice or communication given by either Party hereto to the other shall be in writing
and personally delivered or mailed by registered or certified mail, return receipt requested, postage prepaid, to the following addresses:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 15%">&nbsp;</TD>
  <TD STYLE="width: 20%">If
to the Company: </TD>
  <TD STYLE="width: 65%"><P STYLE="margin-top: 0; margin-bottom: 0">Duos Technologies Group, Inc.<FONT STYLE="background-color: white"></FONT></P>
                         <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="background-color: white">7660 Centurion Parkway, Suite 100</FONT></P>
                         <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="background-color: white">Jacksonville, FL 32256</FONT></P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">Attention: Adrian Goldfarb, CFO</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">agg@duostech.com</P></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 15%">&nbsp;</TD>
  <TD STYLE="width: 20%">With a copy to: </TD>
  <TD STYLE="width: 65%"><P STYLE="margin-top: 0; margin-bottom: 0">J. Thomas Cookson</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">200 South Biscayne
Blvd, Suite 4100</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">Miami, FL 33131</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">tcookson@schutts.com</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 15%">&nbsp;</TD>
  <TD STYLE="width: 20%">If to Executive: </TD>
  <TD STYLE="width: 65%"><P STYLE="margin-top: 0; margin-bottom: 0">Adrian Goldfarb</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">XXXX</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">All notices and other communications
given or made pursuant to this Agreement shall be in writing and shall be deemed effectively given: (a) upon personal delivery to the
party to be notified, (b) when sent by confirmed electronic mail or facsimile if sent during normal business hours of the recipient, and
if not so confirmed, then on the next business day, (c) five (5) days after having been sent by registered or certified mail, return receipt
requested, postage prepaid, or (d) one (1) day after deposit with a nationally recognized overnight courier, specifying next day delivery,
with written verification of receipt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">7.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt">Miscellaneous.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Representations and Covenants.</U> In order to induce the Company to enter into this Agreement,
the Executive makes the following representations and covenants to the Company and acknowledges that Company is relying upon such representations
and covenants:</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT></FONT><FONT STYLE="font-size: 7pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal">No agreements or obligations exist to which the Executive is a party or otherwise
bound, in writing or otherwise, that in any way interfere with, impede or preclude him from fulfilling any and all of the terms and conditions
of this Agreement. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT></FONT><FONT STYLE="font-size: 7pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal">Executive, during his employment, shall use his best efforts to disclose to
the Board, in writing, or by other effective method, any bona fide information known by him, which he reasonably believes is not known
to the Board, and which he reasonably believes would have any material negative impact on the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Entire Agreement</U>. This Agreement contains the entire understanding of the Parties with respect
to the subject matter contained herein and supersedes the effectiveness all other prior agreements and understandings between the Parties
or between Executive and the Company with respect to such subject matter.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Amendment; Waiver</U>. The Parties agree that this Agreement may not be amended, supplemented,
canceled or discharged, except by written instrument executed by the Party against whom enforcement is sought. No failure to exercise,
and no delay in exercising, any right, power or privilege hereunder shall operate as a waiver thereof. No waiver of any breach of any
provision of this Agreement shall be deemed to be a waiver of any preceding or succeeding breach of the same or any other provision.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Binding Effect; Assignment</U>. The rights and obligations of this Agreement shall bind and inure
to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all
of the Company&rsquo;s business. Executive&rsquo;s rights or obligations under this Agreement may not be assigned by Executive. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(e)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Headings</U>. The headings contained in this Agreement are for reference purposes only and shall
not affect the meaning or interpretation of this Agreement. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(f)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Governing Law; Jurisdiction; Interpretation</U>. This Agreement shall be construed in accordance
with and governed for all purposes, by the laws and public policy of the State of Florida, except as it pertains to conflict of laws principles.
Jurisdiction and venue shall be conferred upon the state and federal courts located in the State of Florida.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(g)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Further Assurances</U>. Each of the Parties agree to execute, acknowledge, deliver and perform,
and cause to be executed, acknowledged, delivered and performed, at any time, and from time to time, as the case may be, all such further
acts, deeds, assignments, transfers, conveyances, powers of attorney and assurances as may be reasonably necessary to carry out the provisions
or intent of this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(h)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Severability</U>. The Parties have carefully reviewed the provisions of this Agreement and agree
that they are fair and equitable. However, in light of the possibility of differing interpretations of law and changes in circumstances,
the Parties further agree that if any one or more of the provisions of this Agreement shall be determined by a court of competent jurisdiction
to be invalid, void or unenforceable, the remainder of the provisions of this Agreement shall, to the extent permitted by law, remain
in full force and effect and shall in no way be affected, impaired or invalidated. Moreover, if any of the provisions contained in this
Agreement are determined by a court of competent jurisdiction to be excessively broad as to duration, activity or subject, it shall be
construed, by limiting or reducing it to the extent legally permitted, so as to be enforceable to the maximum extent compatible with then
applicable law.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Withholding Taxes</U>. All payments hereunder shall be subject to any and all applicable federal,
state, local and foreign withholding taxes.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(j)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Compliance with Section 409A</U>. Notwithstanding anything herein to the contrary, (i) if at the
time of Executive&rsquo;s termination of employment with the Company the Executive is a &ldquo;specified employee&rdquo; as defined in
Section 409A of the Internal Revenue Code of 1986, as amended (the &ldquo;<U>Code</U>&rdquo;), and the deferral of the commencement of
any payments or benefits otherwise payable hereunder as a result of such termination of employment is necessary in order to prevent any
accelerated or additional tax under Section 409A of the Code, then the Company shall defer the commencement of the payment of any such
payments or benefits hereunder (without any reduction in such payments or benefits ultimately paid or provided to Executive) until the
date that is six months following Executive&rsquo;s termination of employment with the Company (or the earliest date as is permitted under
Section 409A of the Code) and (ii) if any other payments of money or other benefits due to Executive hereunder could cause the application
of an accelerated or additional tax under Section 409A of the Code, such payments or other benefits shall be deferred if deferral will
make such payment or other benefits compliant under Section 409A of the Code, or otherwise such payment or other benefits shall be restructured,
to the extent possible, in a manner, determined by the Board, that does not cause such an accelerated or additional tax while, to the
extent possible, preserving the overall economic benefit to the Executive of such payments or benefits. The Company shall consult with
Executive in good faith regarding the implementation of the provisions of this Section 7 (k); <U>provided</U> that neither the Company
nor any of its officers, directors, shareholders, employees, agents or representatives shall have any liability to the Executive with
respect thereto.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(k)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Survival</U>. Notwithstanding the termination of the Executive&rsquo;s employment hereunder, the
terms, conditions and provisions contained herein shall survive such termination.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(l)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Counterparts</U>. The Parties agree that this Agreement may be signed in two (2) or more counterparts,
each of which shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same instrument.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0.5in"><I>[Signature Page Follows]</I></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><B>IN WITNESS WHEREOF</B>,
the Parties hereto have executed, or have caused to have executed, this Agreement as of the day and year first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><B>DUOS TECHNOLOGIES GROUP INC.</B></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:</TD>
    <TD STYLE="vertical-align: top; width: 46%">/s/ Charles Ferry</TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: #000000 1px solid">Name: Charles Ferry<BR>Title:&nbsp;Chief Executive Officer</TD>
</TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0pt; margin-top: 0pt; margin-bottom: 6pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><B>EXECUTIVE</B></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:</TD>
    <TD STYLE="vertical-align: top; width: 46%">/s/ Adrian Goldfarb</TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: #000000 1px solid">Adrian Goldfarb, an individual</TD>
</TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: right"><B>Exhibit A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 3in"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center">EQUITY AWARD
AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">This
Equity Award Agreement (this &ldquo;<B><U>Agreement</U></B>&rdquo;) is entered into as of January 1, 2025, by and between Duos Technologies
Group, Inc., a Florida corporation (the &ldquo;<B><U>Company</U></B>&rdquo;), and Adrian G. Goldfarb (the &ldquo;<B><U>Grantee</U></B>&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>WHEREAS</B>,
pursuant to the authority of the Board of Directors (the &ldquo;<B><U>Board</U></B>&rdquo;), the Company has made the equity awards specified
below to the Grantee pursuant to the terms of the Duos Technologies Group, Inc. 2021 Equity Incentive Plan, as amended (the &ldquo;<B><U>Plan</U></B>&rdquo;);
and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>WHEREAS</B>,
all capitalized terms not otherwise defined herein shall have the meanings given to them in the Plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>NOW,
THEREFORE</B>, in consideration of the mutual promises and covenants contained herein, the parties hereto do agree as follows;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Grant Award of Restricted Stock</U>. The Company hereby awards, subject to the terms of this Agreement and the Plan, 441,275
shares of the authorized shares of common stock of the Company, subject to the restrictions connected herein (the &ldquo;<B><U>Restricted
Stock</U></B>&rdquo;). In order to accept the grant of the Restricted Stock hereunder, the Grantee must deliver to the Company:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>This Agreement, duly executed;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>His Employment Agreement, dated as of the date hereof, between the Company and the Grantee (the &ldquo;<B><U>Employment Agreement</U></B>&rdquo;),
duly executed; and</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>An acknowledgment of the cancellation, effective December 31, 2024, of all options previously granted by the Company to the Grantee,
whether under the Plan or otherwise, including those listed on <B><U>Attachment 1</U></B> hereto. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">2.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Vesting</U>. Subject to the terms hereof and the Plan, all of the Restricted Stock shall vest on December 31, 2027 (the &ldquo;<B><U>Vesting
Date</U></B>&rdquo;), subject to the Grantee continuing to provide services as an employee of the Company or a Related Corporation through
such date. Except as provided herein, none of the Restricted Stock shall vest prior to the Vesting Date.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">3.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Forfeiture of Restricted Stock</U>. Subject to Section 4, notwithstanding any other provision of this Agreement, all of the
Restricted Stock granted hereunder shall be forfeited by the Grantee and canceled in the event any of the following events occur prior
to the Vesting Date:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The termination of the Grantee's employment with the Company for Cause or without Good Reason, as such terms are defined in the
employment agreement of such Grantee, or if such term or terms is not defined in the employment agreement or there is not an employment
agreement as amended or if the Company discovers or becomes aware after termination of the Grantee&rsquo;s employment of conduct by the
Grantee during employment that would have constituted Cause; or </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The occurrence of any one or more of the following:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee purchases or sells securities of the Company without written authorization in accordance with the Company&rsquo;s
insider trading policy then in effect, if any;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee (A) discloses, publishes or authorizes anyone else to use, disclose or publish, without the prior written consent
of the Company, any proprietary or confidential information of the Company, including, without limitation, any information relating to
existing or potential customers, business methods, financial information, trade or industry practices, sales and marketing strategies,
employee information, vendor lists, business strategies, intellectual property, trade secrets or any other proprietary or confidential
information or (B) directly or indirectly uses any such proprietary or confidential information for the individual benefit of the Grantee
or the benefit of a third party;&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iii)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee fails to reasonably cooperate to effect a smooth transition of the Grantee&rsquo;s duties and to ensure that the Company
is apprised of the status of all matters the Grantee is handling or is unavailable for consultation after termination of employment of
the Grantee if such availability is a condition of any agreement to which the Company and the Grantee are parties;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iv)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee fails to assign all of such Grantee&rsquo;s rights, title and interest in and to any and all ideas, inventions, formulas,
source codes, techniques, processes, concepts, systems, programs, software, computer data bases, trademarks, service marks, brand names,
trade names, compilations, documents, data, notes, designs, drawings, technical data and/or training materials, including improvements
thereto or derivatives therefrom, whether or not patentable or subject to copyright or trademark or trade secret protection, developed
and produced by the Grantee used or intended for use by or on behalf of the Company or the Company&rsquo;s clients;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(v)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee acts in a disloyal manner to the Company, such as making comments, whether oral or in writing, that tend to disparage
or injure (i) the reputation or business of the Company or its Affiliates, or is likely to result in discredit to, or loss of business,
reputation, or goodwill of, the Company or its Affiliates or (ii) its directors, officers, or stockholders; or</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(vi)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>A finding by the Board that the Grantee has acted against the interests of the Company or in a manner that has or may have a detrimental
effect on the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">4.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Accelerated Vesting</U>. If, prior to the Vesting Date, any of the following events occurs, all of the Restricted Stock granted
hereunder shall be deemed to be fully vested as of the date of such event (provided that the Grantee has continued to provide services
as an employee of the Company or a Related Corporation through the date of such event): </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee becomes disabled (as defined in the Employment Agreement, as it may be amended, or any other agreement between the
Grantee and the Company or any Related Corporation);</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee dies;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Company or any Related Corporation terminates the services provided by the Grantee to the Company and all Related Corporations
(if any) without Cause (as defined in the Employment Agreement, as it may be amended, or any other agreement between the Grantee and
the Company or any Related Corporation);</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee terminates the services provided by him to the Company and all Related Corporations (if any) for Good Reason (as defined
in the Employment Agreement, as it may be amended, or any other agreement between the Grantee and the Company or any Related Corporation);
or</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(e)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The consummation, after the date hereof, pursuant to a transaction or series of related transactions, of any of (a) an acquisition
after the date hereof by an individual or legal entity or &ldquo;group&rdquo; (as described in Rule 13d-5(b)(1) promulgated under the
Securities Exchange Act of 1934, as amended) (other than any individual, entity or group named as a 5% Beneficial Holder in the beneficial
ownership table in the Company&rsquo;s Proxy Statement dated August 16, 2024 (or any affiliate thereof)) &nbsp;of effective control (whether
through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 50% of the voting securities
of the Company, (b) a merger of the Company into or consolidation of the Company with any other entity, or a merger by another entity
into or a consolidation of another entity with the Company and, after giving effect to such transaction, the stockholders of the Company
immediately prior to such transaction own less than 50% of the aggregate voting power of the Company or the successor entity of such
transaction, (c) a sale or transfer by the Company of all or substantially all of its assets to another entity and the stockholders of
the Company immediately prior to such transaction own less than 50% of the aggregate voting power of the acquiring entity immediately
after the transaction, or (d) a replacement at one time or within a three-year period of more than one-half of the members of the Board
of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on the date hereof (or
by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board of Directors was
approved by a majority of the members of the Board of Directors who are members on the date hereof.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">5.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Transfer</U>. Prior to any vesting in full of the Restricted Stock, the Grantee may not transfer, sell, gift, dispose of, assign
or pledge, whether voluntarily or involuntarily, any of the Restricted Stock. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">6.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Representations and Warranties of the Grantee</U>. The Grantee represents and warrants to the Company that:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>He is an Accredited Investor, as defined in Rule 501(a) of Regulation D promulgated pursuant to the Securities Act of 1933, as
amended; </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>He is familiar with all aspects of the Company and its business, financial condition, operations, and prospects and has reviewed
all of the Company&rsquo;s filings with the Securities and Exchange Commission; and </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>He has received no representation or warranty from the Company or anyone acting on the Company&rsquo;s behalf. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">7.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Section 83(b) Election</U>. The Grantee is eligible to make an election under Section 83(b) of the Code with respect to his
initial receipt of the Restricted Stock, in the form attached hereto as <U>Exhibit B</U>, within thirty (30) days of the issuance of
such Restricted Stock and agrees to promptly provide a copy of any such election to the Company. The Grantee hereby acknowledges that
if the Grantee makes this election, to the extent determined necessary by the Grantee, he will have reviewed with his own tax advisors
the tax consequences of this Award Agreement, the grant and its surrounding circumstances, and the terms and structure of the Grantee&rsquo;s
ownership of the Restricted Stock, and is relying solely on such advisors and not on any statements or representations of the Company
or any of its subsidiaries or agents. The Grantee understands that the Grantee (and not the Company) shall be responsible for the Grantee&rsquo;s
own tax liability that may arise as result of the transactions contemplated by this Award Agreement or relating in any manner to the
Restricted Stock.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">8.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Miscellaneous</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Tax Withholding</U>. The Company shall have the right to deduct (or cause the deduction) from any payments due to the Grantee,
any taxes required by law to be withheld with respect to the Restricted Stock. The Grantee hereby indemnifies and holds harmless the
Company and its affiliates for all U.S. federal and applicable state and local taxes, interest, penalties, and other additions thereto
in connection with the grant of the Restricted Stock.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Amendments, Waiver</U>. This Award Agreement may only be amended by the written consent of the parties to this Award Agreement
at the time of such amendment. Either party&rsquo;s failure to enforce any of the provisions of this Award Agreement shall not in any
way be construed as a waiver of any such provision, nor prevent that party from thereafter enforcing any other provision of this Award
Agreement. The rights granted both parties hereunder are cumulative and shall not constitute a waiver of either party&rsquo;s right to
assert any other available legal remedy.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>No Fiduciary Relationship</U>. This Award Agreement shall not establish any fiduciary relationship between the Company or the
Grantee.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Governing Law</U>. This Award Agreement shall be construed in accordance with and governed by the laws of the State of Florida
without regard to any conflicts of laws rules or principles that would result in the application of the laws of any other jurisdiction.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(e)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Validity</U>. If any provision of this Award Agreement is or becomes invalid or unenforceable in any jurisdiction, or would
disqualify this Award Agreement under any law deemed applicable by the Board, such provision shall be construed or deemed amended or
limited in scope to conform to applicable laws or, in the discretion of the Board, it shall be stricken and the remainder of this Award
Agreement shall remain in full force and effect.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(f)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>No Right of Employment</U>. Nothing in this Award Agreement shall confer on the Grantee any right to continue in the employ
of the Company or any of its subsidiaries or limit in any way the right of the Company or any of its subsidiaries to terminate the Grantee&rsquo;s
employment at any time, with or without cause subject to the terms of the Employment Agreement, as it may be amended.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(g)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Entire Agreement; Counterparts</U>. This Award Agreement and the Plan constitute the entire agreement of the parties with respect
to the Restricted Stock and supersede all prior undertakings and agreements with respect to the subject matter hereof. There are no representations,
agreements, arrangements, or understandings, oral or written, between or among the parties hereto, relating to the subject matter of
this Award Agreement, that are not fully expressed herein and the Plans. This Award Agreement may be executed and delivered in multiple
counterparts, including by electronic signature and/or delivery method, all of which shall be considered one and the same agreement.
</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(h)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Further Assurances</U>. Each party to this Award Agreement agrees to perform all further acts and to execute and deliver all
further documents as may be reasonably necessary to carry out the intent of this Award Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Construction</U>. Whenever used in this Award Agreement, the singular number will include the plural, and the plural number
will include the singular, and the masculine or neuter gender shall include the masculine, feminine, or neuter gender. The headings of
the Sections herein have been inserted for purposes of convenience and shall not be used for interpretive purposes.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(j)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT><U>Successors</U>. The rights and obligations of the Company under this Award Agreement shall be transferable to any successor
to all or substantially all of its business. Except as otherwise contemplated herein, the rights and obligations of the Grantee under
this Award Agreement may only be assigned with the prior written consent of the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><B>IN WITNESS WHEREOF</B>,
the parties hereto have executed this Award Agreement as of date first written above.</FONT></P>

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    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0"></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B><U>COMPANY</U></B></FONT></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><B>DUOS TECHNOLOGIES GROUP INC.</B></P></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:</TD>
    <TD STYLE="vertical-align: top; width: 46%"></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: #000000 1px solid">Name: Charles P. Ferry<BR>Title:&nbsp;Chief Executive Officer</TD>
</TR>
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 3in; text-align: left"></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><B>IN WITNESS WHEREOF</B>,
the parties hereto have executed this Award Agreement as of date first written above.</FONT></P>

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<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0"></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B><U>GRANTEE</U>:</B></FONT></P></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">Printed Name: Adrian G. Goldfarb</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><U>ADDRESS</U>:</FONT></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">XXXX</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE=" vertical-align: top; width: 46%">&nbsp;</TD></TR>
</TABLE>
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; letter-spacing: -0.5pt; text-align: center"><FONT STYLE="font-size: 10pt"><U>ATTACHMENT
1</U></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #153D64">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt; color: white"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="6" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white">Existing
    Options Grants</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #153D64">
    <TD STYLE="white-space: nowrap; width: 24%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt; color: white"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>Series
    2</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>Series
    3</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>Series
    4</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>Series
    5</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>Series
    6 </I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>Series
    6A</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>&nbsp;</I></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #FBE2D5">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>Strike
    Price</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$4.74</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$6.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$4.18-$4.32</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$6.41</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$4.22</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$4.22</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #FBE2D5">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>Expriation</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">31-Mar-25</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">31-Mar-25</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">31-Aug-25</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">31-Dec-26</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">31-Mar-28</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">30-Nov-28</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #FBE2D5">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #196B24">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt; color: white"><B>Adrian
    Goldfarb</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">Number</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18,929
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18,929
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75,000
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28,417
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">Vested</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18,929
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18,929
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75,000
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18,945
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">Un-vested</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9,472
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #FBE2D5">
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">Cancelled</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18,929
    </FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18,929
    </FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75,000
    </FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28,417
    </FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(141,275)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="letter-spacing: -0.1pt"><B>EXHIBIT
A - NONDISCLOSURE, NON-SOLICITATION </B></FONT><B>AND</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; text-align: center"><B>COVENANT NOT TO COMPETE AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.75pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 20pt; text-align: justify">In
consideration of, and as a condition of, his or her employment or continued employment as an employee or independent contractor by <B>Duos
Technologies, Inc.</B> (which, along with any parent or subsidiary, is hereinafter referred to as the &quot;COMPANY&quot;), and in consideration
of the mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the COMPANY and the individual named on the signature page hereof (hereinafter referred to as &quot;EMPLOYEE&quot; irrespective of the
individual's employment by COMPANY as an employee or as an independent contractor) hereby agree as of the date set forth below as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.55pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>1</B>.
</FONT><FONT STYLE="font-size: 10pt"><B>Obligations of Nondisclosure and Nonuse of Confidential Information. </B>EMPLOYEE shall not at
any time, whether during or after the termination of his or her employment, reveal to any person or entity or use for any purpose any
of the trade secrets or confidential information concerning the organization, business or finances of the COMPANY or of any third party
which the COMPANY is under an obligation to keep confidential (including, but not limited to, trade secrets or confidential information
respecting inventions, products, designs, methods, know-how, techniques, systems, processes, software programs, works of authorship,
customer lists, projects, plans and proposals), except as may be required in the ordinary course of performing his or her duties as an
employee or independent contractor of the COMPANY.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.5pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>2.
</B></FONT><B><FONT STYLE="font-size: 10pt">Restrictions on Use and Disclosure of COMPANY Materials.</FONT></B><FONT STYLE="font-size: 10pt">
EMPLOYEE shall not at any time, whether during or after the termination of his or her employment, make, use or permit to be used any
notes, memoranda, reports, lists, records, drawings, sketches, specifications, software programs, data, documentation or other materials
of any nature, or copies thereof, in whole or in part, relating to any matter within the scope of the business of the COMPANY or concerning
any of its dealings or affairs (collectively, the &quot;COMPANY Materials&quot;) otherwise than for the benefit of the COMPANY. All COMPANY
Materials are and shall at all times be and remain the sole and exclusive property of the COMPANY. Immediately upon the termination of
his or her employment, EMPLOYEE shall deliver all COMPANY Materials to the COMPANY, at its main office.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.25pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>3.</B></FONT><B><FONT STYLE="font-size: 10pt; letter-spacing: 0pt">
Rights to Inventions and Work Product.</FONT></B> <FONT STYLE="font-size: 10pt">For the purposes of this Agreement, the term
&quot;Inventions and Work Product&quot; means any invention, modification, discovery, design, development, improvement, process,
method, software program, work of authorship, work product, documentation, formula, data, technique, or know-how that EMPLOYEE
(either alone or jointly with others) makes, conceives, creates, discovers, invents or reduces to practice prior to, or during his
or her employment that</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 2pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/113% Arial, Helvetica, Sans-Serif;   margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(a)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">relates to the
business of the COMPANY or any customer of or supplier to the <FONT STYLE="letter-spacing: -0.1pt">COMPANY,</FONT></FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/113% Arial, Helvetica, Sans-Serif;   margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(b)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">relates to any
of the products or services being developed, manufactured or sold by the COMPANY,</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/10.75pt Arial, Helvetica, Sans-Serif;   margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(c)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.2pt">results
from tasks assigned him or her by the COMPANY,</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.25pt">or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/116% Arial, Helvetica, Sans-Serif;   margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(d)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">results from the
use of premises or personal property (whether tangible or intangible) owned, leased, or contracted for by the COMPANY.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 20pt; text-align: justify">EMPLOYEE
represents and warrants to the COMPANY that he or she currently claims no rights in any invention, patented or not patented, modification,
discovery, design, development, improvement, process, method, software program, work of authorship, work product, documentation, formula,
data, technique or know-how described in subsections (a) through (d) above, except for those set forth and described on <U>Schedule
A</U> hereof. If none are set forth on <U>Schedule A.</U> the EMPLOYEE thus warrants that none exist.
All Inventions and Work Product,
all intellectual property rights therein and thereto, and the benefits thereof are and shall immediately become the sole and absolute
property of the COMPANY and its assigns, as works made for hire or <FONT STYLE="letter-spacing: -0.1pt">otherwise. EMPLOYEE shall promptly
disclose to the COMPANY (or any persons designated by it) all </FONT><FONT STYLE="letter-spacing: -0.2pt">such Inventions and Work Product.
EMPLOYEE hereby assigns any and all rights that EMPLOYEE has, </FONT>may have or may acquire in any and all Inventions and Work Product,
all intellectual property rights therein and thereto, and the benefits thereof to the COMPANY and its assigns without further compensation.
EMPLOYEE shall communicate, without cost or delay, and without disclosing to others the same, all available information relating thereto
(with all necessary plans and models) to the COMPANY.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.7pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt;  letter-spacing: 0.0pt"><B>4.</B></FONT><B><FONT STYLE="font-size: 7pt; color: #080808; letter-spacing: 0.0pt"> </FONT></B><B><FONT STYLE="font-size: 10pt; color: #080808">Further Acts.</FONT></B><FONT STYLE="color: #080808; font-size: 10pt"> EMPLOYEE
will, during his or her employment and at any time thereafter, at the request and cost of the COMPANY, promptly sign, execute, make and
do all such deeds, documents, acts and things as the COMPANY and its duly authorized agents may reasonably require to apply for, obtain,
register and vest in the name of the COMPANY alone (unless the COMPANY otherwise directs) letters patent, copyrights, trademarks or other
analogous protection for all Inventions and Work Product in any country throughout the world and when so obtained or vested to renew
and restore the same, and to defend any judicial, opposition or other proceedings in respect of such applications and any judicial, opposition
or other proceedings or petitions or applications for revocation of such letters patent, copyright, trademark or other analogous protection.
In the event the COMPANY is unable, after reasonable effort, to secure EMPLOYEE's signature on any application for letters patent, copyright
or trademark registration or other documents regarding any legal protection relating to any Inventions and Work Product, whether because
of his or her physical or mental incapacity</FONT> <FONT STYLE="font-size: 10pt; color: #232323">or for any</FONT> <FONT STYLE="font-size: 10pt; color: #080808">other
reason whatsoever, EMPLOYEE hereby irrevocably designates and appoints the </FONT><FONT STYLE="font-size: 10pt; color: #232323">COMPANY
</FONT><FONT STYLE="font-size: 10pt; color: #080808">and its duly authorized officers and agents as his or her agent and attorney-in-fact,
to act for and on his or her behalf and stead to execute and file any such application or applications or other documents and to do all
other lawfully permitted acts to further the prosecution and issuance of letters patent, copyright or trademark registrations or any
other legal protection thereon with the same legal force and effect as if executed by him or her.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: #080808; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><B>5.
Non-Solicitation of Employees. </B>For <FONT STYLE="letter-spacing: 0.0pt">a period of one year </FONT>after the date on which EMPLOYEE's
employment with the COMPANY terminates for any reason, whether voluntarily or involuntarily, EMPLOYEE shall not, without the COMPANY's
prior written consent, solicit or hire any person who is employed by the COMPANY. However, the above will not apply to a) an individual
who responds to a general solicitation of employment or a generalized employee search by headhunter/search firms (in either case not
specifically directed at any employee of the COMPANY or b) soliciting or hiring any former COMPANY Employee whose employment has been
terminated by the COMPANY prior to the first date of the solicitation.</P>

<P STYLE="font: 11pt/113% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>6.&nbsp;</B></FONT><B><FONT STYLE="font-size: 10pt">Non-Solicitation
of Customers.</FONT></B><FONT STYLE="font-size: 10pt"> For that period commencing on the date hereof and ending one year after the date
on which EMPLOYEE'S employment with the COMPANY terminates for any reason, whether voluntarily or involuntarily, EMPLOYEE shall not,
without prior written consent of the COMPANY, directly or indirectly, , as an individual, sole proprietor, partner, stockholder, officer,
director, employee, independent contractor, agent, joint venturer, investor, lender, or in any other capacity whatsoever (other than
as the holder of not more than one percent (1%) of the total outstanding stock of a publicly traded company), solicit any customer or
prospective customer of the COMPANY for the purpose of conducting business with any person or entity other than the COMPANY, or in any
manner seek to induce any such customer to cease or refrain from doing business with the COMPANY. For purposes hereof, a customer of
the COMPANY is defined to mean any customer doing business with the COMPANY during the time of the engagement of the EMPLOYEE and any
prospective customer contacted by the COMPANY during such time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.7pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>7.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0.0pt">&nbsp; </FONT><FONT STYLE="font-size: 10pt">Covenant
Not to Compete.</FONT></B><FONT STYLE="font-size: 10pt"> For that period commencing 30 days after the date hereof and ending one
year after the date on which EMPLOYEE's employment with the COMPANY terminates for any reason, whether voluntarily or involuntarily,
EMPLOYEE shall not, without prior written consent of the COMPANY, directly or indirectly, as an individual, sole proprietor,
partner, stockholder, officer, director, employee, independent contractor, agent, joint venturer, investor, lender, or in any other
capacity whatsoever (other than as the holder of not more than one percent (1%) of the total outstanding stock of a publicly traded
company): (a) engage in the business of developing, producing, marketing or selling products or services of the kind or type
developed or being developed, produced, marketed, sold or provided by the COMPANY while EMPLOYEE was <FONT STYLE="letter-spacing: -0.2pt">employed
by the COMPANY; (b) engage in any business in which EMPLOYEE provides services which </FONT><FONT STYLE="letter-spacing: -0.1pt">are
the same or substantially similar to the services which EMPLOYEE performed for the COMPANY; </FONT>or (c) engage directly or
indirectly with any of the Company's customers as prospects that have been contacted by Employee at any time on behalf of the
Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.35pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif;  margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>8.
</B></FONT><B><FONT STYLE="font-size: 10pt">Equitable Relief.</FONT></B><FONT STYLE="font-size: 10pt"> EMPLOYEE agrees that any breach
of this Agreement by him or her will cause irreparable damage to the COMPANY and that, in the event of such breach, the COMPANY shall
have, in addition to any and all remedies of law, the right to an injunction, specific performance or other equitable relief to prevent
the violation of EMPLOYEE's obligations hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.4pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;  margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>9.
No Obligation of Engagement or Employment.</B></FONT> <FONT STYLE="font-size: 10pt">EMPLOYEE understands that this Agreement does not
create an obligation on the part of the COMPANY or any other person or entity to employ EMPLOYEE or to continue his or her engagement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.75pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>10.
</B></FONT><B><FONT STYLE="font-size: 10pt">Employee Representations.</FONT></B><FONT STYLE="font-size: 10pt"> EMPLOYEE hereby represents
<FONT STYLE="letter-spacing: -0.1pt">that:</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.4pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/113% Arial, Helvetica, Sans-Serif;   margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0.0pt">(a)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EMPLOYEE is not
obligated to any party to refrain from using or disclosing any trade secret or confidential or proprietary information or to refrain
from competing, directly or indirectly, with the business of such party. If EMPLOYEE is so obligated, <FONT STYLE="letter-spacing: -0.1pt">EMPLOYEE
shall initial this provision, list any and all such agreements on <U>Schedule B</U></FONT> hereto and provide a copy of any and all such
agreements to COMPANY. If no agreements are listed and provided, the EMPLOYEE warrants that none exists.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/111% Arial, Helvetica, Sans-Serif;   margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0.0pt">(b)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.2pt">EMPLOYEE's
performance of all the terms of this Agreement and as an EMPLOYEE of </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
COMPANY does not and will not breach any agreement or obligation to keep in confidence and not use or disclose any proprietary information,
knowledge or data acquired by EMPLOYEE in confidence or in trust.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt/113% Times New Roman, Times, Serif; margin: 8.6pt 0 0 94.15pt; text-indent: -0.05pt; color: #070707"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/111% Arial, Helvetica, Sans-Serif;   margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0.0pt">(c)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.2pt">EMPLOYEE
will not use or disclose to the COMPANY or induce the COMPANY to use </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any
confidential or proprietary information or material belonging to any previous employer or others in connection with his or her performance
of services for the <FONT STYLE="letter-spacing: -0.1pt">COMPANY.</FONT></FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/111% Arial, Helvetica, Sans-Serif;   margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0.0pt">(d)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.1pt">EMPLOYEE
has not entered into, and EMPLOYEE agrees EMPLOYEE will not enter </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">into,
any agreement, either written or oral, in conflict herewith.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.35pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt/112% Times New Roman, Times, Serif; margin: 0 9.05pt 0 27.3pt; text-align: justify; text-indent: 0.1pt; color: #070707"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 11pt/112% Times New Roman, Times, Serif; margin: 0 9.05pt 0 27.3pt; text-align: justify; text-indent: 0.1pt; color: #070707"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B></B></FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>11.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0.0pt"> </FONT><FONT STYLE="font-size: 10pt">Waiver.</FONT></B><FONT STYLE="font-size: 10pt"> Any waiver by the COMPANY of a breach of any provision
of this Agreement shall not operate or be construed as a waiver of any subsequent breach of such provision or any other provision hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.55pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>12.
</B></FONT><B><FONT STYLE="font-size: 10pt">Requirement of A Writing.</FONT></B><FONT STYLE="font-size: 10pt"> Any amendment to, waiver
of, or modification of this Agreement or any provisions hereof shall be in writing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.6pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>13.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0.0pt"> </FONT><FONT STYLE="font-size: 10pt">Entire Agreement.</FONT></B><FONT STYLE="font-size: 10pt"> This Agreement constitutes the entire
agreement between the COMPANY and EMPLOYEE with respect to the subject matter hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.65pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>14.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0.0pt"> </FONT><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">Severability and Construction.</FONT></B><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">
EMPLOYEE hereby agrees that each provision herein shall be </FONT><FONT STYLE="font-size: 10pt">treated as a separate and independent
clause, and the unenforceability of any one clause shall in no way impair the enforceability of any of the other clauses herein. Moreover,
if one or more of the provisions contained in this Agreement shall for any reason be held to be excessively broad as to scope, activity,
subject or otherwise so as to be unenforceable at law, such provision or provisions shall be construed by the appropriate judicial body
by limiting or reducing it or them, so as to be enforceable to the maximum extent compatible with the applicable law as it shall then
appear.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.3pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>15.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0.0pt"> </FONT><FONT STYLE="font-size: 10pt">Survival.</FONT></B><FONT STYLE="font-size: 10pt"> EMPLOYEE's obligations under this Agreement shall
survive the termination of his or her employment or engagement by the COMPANY regardless of the manner of such termination and shall
be binding upon his or her heirs, executors, administrators and legal representatives.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.3pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>16.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0.0pt"> </FONT><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt">Assignment.</FONT></B><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt">
The COMPANY and any of its subsidiaries, subdivisions, or affiliates, shall have the right to assign this Agreement to their successors
and assigns, and all covenants and agreements hereunder shall inure to the benefit of and be enforceable by said successors or assigns.
EMPLOYEE </FONT><FONT STYLE="font-size: 10pt">hereby consents to the assignment of this Agreement by the COMPANY. This Agreement is personal
to EMPLOYEE and shall not be assigned by him or her.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.3pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>17.
</B></FONT><B><FONT STYLE="font-size: 10pt">Governing Law.</FONT></B><FONT STYLE="font-size: 10pt"> This Agreement shall be governed
by and construed in accordance with the laws of the State of Florida.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.6pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif;   margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0.0pt"><B>18.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0.0pt"> </FONT><FONT STYLE="font-size: 10pt">Attorneys' Fees.</FONT></B><FONT STYLE="font-size: 10pt"> In the event the COMPANY seeks to enforce
the terms of this Agreement in a legal proceeding, the prevailing party in such a legal proceeding shall be entitled to recover reasonable
attorneys' fees and costs including, but not limited to, reasonable attorneys' fees and costs incurred by the prevailing party in any
appeal relating to the legal proceeding, or in any proceeding in bankruptcy.</FONT></P>

<P STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; margin: 11.4pt 0 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 9.4pt 0 0">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 20pt; text-align: justify"><FONT STYLE="color: #0A0A0A; letter-spacing: -0.1pt">IN
WITNESS WHEREOF, EMPLOYEE and COMPANY have executed this</FONT> <FONT STYLE="  letter-spacing: -0.1pt">NONDISCLOSURE, NON-SOLICITATION
</FONT><FONT STYLE="color: #070707">AND COVENANT NOT TO COMPETE AGREEMENT </FONT><FONT STYLE="color: #0A0A0A; letter-spacing: -0.1pt">as
a sealed </FONT><FONT STYLE="color: #0A0A0A">instrument as of January 1, 2025.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.9pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.9pt 0 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 45%"><B>DUOS
TECHNOLOGIES GROUP, INC.</B></TD>
  <TD STYLE="width: 5%">&nbsp;</TD>
  <TD STYLE="width: 45%"><FONT STYLE="letter-spacing: 0.0pt">EMPLOYEE</FONT></TD>
  <TD STYLE="width: 5%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid">By:</TD>
  <TD>&nbsp;</TD>
  <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>Charles P. Ferry</TD>
  <TD>&nbsp;</TD>
  <TD>Signature</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>Title: CEO</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>Adrian Goldfarb</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD><P STYLE="margin-top: 0; margin-bottom: 0">XXXX</P>
      <P STYLE="margin-top: 0; margin-bottom: 0"></P></TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.9pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 2.1pt 0 0 261.35pt">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10.15pt 5.8pt 0 0; text-align: right"><U>SCHEDULE
 A</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.3pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 24.3pt; text-align: center; color: #0A0A0A">Rights to Inventions and
Work <FONT STYLE="letter-spacing: -0.1pt">Product</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1.1pt 0 24.3pt; text-align: center; color: #0A0A0A">(if none or not applicable,
please indicate so in writing <FONT STYLE="letter-spacing: -0.1pt">below)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">None</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Arial, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 33%">&nbsp;</TD>
  <TD STYLE="width: 34%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
  <TD STYLE="width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Employee</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
  <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
  <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
  <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
  <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adrian
  G. Goldfarb</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 8.7pt 9.8pt 0 0; text-align: right; color: #013FBD"><FONT STYLE="color: Black"><U>SCHEDULE
<FONT STYLE="letter-spacing: -0.5pt">B</FONT></U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/120% Times New Roman, Times, Serif; margin: 0 106.2pt 0 123.35pt; text-align: center; color: #080808">Trade Secret,
Confidentiality or Proprietary Information Agreements</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.6pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 7.1pt 0 24.3pt; text-align: center; color: #080808">Non Competition <FONT STYLE="letter-spacing: -0.1pt">Agreements</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.8pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0.05pt 7.85pt 0 24.3pt; text-align: center; color: #080808">(if none or not
applicable, please indicate so in writing <FONT STYLE="letter-spacing: -0.1pt">below)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">None</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Arial, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 33%">&nbsp;</TD>
  <TD STYLE="width: 34%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
  <TD STYLE="width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Employee</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
  <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
  <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
  <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
  <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adrian
  G. Goldfarb</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

</BODY>
</HTML>
</TEXT>
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<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>ex10x3.htm
<DESCRIPTION>CHRISTOPHER KING EMPLOYMENT AGREEMENT
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; text-align: right">Exhibit 10.3</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase; text-align: center">EMPLOYMENT AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 20pt; text-align: justify">THIS
EMPLOYMENT AGREEMENT (the &ldquo;<U>Agreement</U>&rdquo;) is made and entered into as of January 1, 2025, by and between Duos Technologies
Group, Inc., a Florida corporation with its principal place of business located at 7660 Centurion Parkway, Suite 100, Jacksonville, Florida
32256 (the &ldquo;<U>Company</U>&rdquo;), and Christopher King, an individual and resident of the State of Florida (&ldquo;<U>Executive</U>&rdquo;
and together with the Company, the &ldquo;<U>Parties</U>&rdquo; and each, a &ldquo;<U>Party</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">RECITALS</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">A.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The Company wishes to employ Executive as Chief Operating Officer because Executive possesses certain
knowledge and skills relating to the Company&rsquo;s business, structure and operations that the Company wishes to retain for the development
and success of the Company&rsquo;s business.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">B.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The Company wishes to employ Executive, and Executive wishes to be employed by the Company, on the
terms and conditions contained herein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, in consideration
of the premises set forth above and for other good and valuable consideration mutually exchanged by the Parties, the receipt and sufficiency
of which is hereby acknowledged, the Parties hereby agree as follows:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">1.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Employment; Duties</U>. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The Company hereby employs Executive, and Executive hereby accepts employment, as Chief Operating
Officer of the Company, subject to the terms and conditions set forth in this Agreement. As Chief Operating Officer, Executive shall have
such duties, responsibilities and authority as are commensurate and consistent with such position and as may, from time to time, be assigned
to him by the Chief Executive Officer and board of directors of the Company (the &ldquo;<U>Board</U>&rdquo;). During the Term (as defined
herein), Executive shall devote his full business time and efforts to the performance of his duties hereunder, unless otherwise explicitly
authorized by the Board. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">Notwithstanding the foregoing, the Executive is authorized to simultaneously hold the position of
Chief Operating Officer of New APR Energy. The Executive will ensure sufficient time and effort is provided to lead both companies and
will report to the Board of Directors any potential conflicts of interest. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">2.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Term of Employment</U>. The term of Executive&rsquo;s employment hereunder, unless sooner terminated
as provided herein (the &ldquo;<U>Initial Term</U>&rdquo;), shall be for a period of three years, commencing January 1, 2025 (the &ldquo;Commencement
Date&rdquo;) and ending on December 31, 2027. The term of this Agreement shall automatically be exended for additional terms of one (1)
year each (each a &ldquo;<U>Renewal Term</U>&rdquo;), unless either Party gives prior written notice of non-renewal (&ldquo;<U>Non-Renewal
Notice</U>&rdquo;) to the other Party no later than sixty (60) days prior to the expiration of the then current Term (as defined herein).
For purposes of this Agreement, the Initial Term and any Renewal Term are hereinafter collectively referred to as the &ldquo;<U>Term.</U>&rdquo;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">3.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Compensation of Executive</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Base Salary.</U> Beginning on the Effective Date, the Company agrees to pay the Executive a base
salary at the annual rate of Three-Hundred and Twenty Five Thousand Dollars ($325,000). All salary, bonus, or other compensation payable
to the Executive shall be subject to the customary withholding, FICA, medical and other tax and other employment taxes and deductions
as required by federal, state and local law with respect to compensation paid by an employer to an employee. The Board of Directors and
any committees thereof shall perform an annual review of Executive&rsquo;s salary based on a review of Executive&rsquo;s performance of
his duties and the Company&rsquo;s other compensation policies. Salary is to be paid twice a month; 24 times per year in accordance with
the normal company payroll policy and timing. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Annual Performance Bonus</U>. Beginning on the effective date, in addition to the Base Salary,
the Executive is eligible for an annual performance bonus in an amount up to 80% of the Executive&rsquo;s base salary Two-Hundred Sixty
Thousand Dollars ($260,000) per year in accordance with criteria, including but not limited to revenue targets, profitability and other
key performance indicators as recommended by the CEO and accepted by the Board of Directors as part of the Annual Strategic Plan. The
annual performance bonus will be calculated based on meeting specified metrics aggregated from January 1st to December 31st. The bonus,
once calculated and approved by the Board of Directors will be paid in two payments (one in April and one in October). </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Equity Compensation</U>. The Executive will be awarded a total of 225,000 restricted stock shares
which will be cliff vested after a period of three years starting January 1, 2025. Any previous equity and/or stock options awarded (either
vested or unvested) will be cancelled. For avoidance of doubt, the unvested restricted stock will be forfeited should Executive no longer
be employed by the Company prior to the three year or if terminated for cause. For avoidance of doubt in the event of a change of control
where more than 51% of company ownership is sold all equity compensation issued will be fully vested prior to the transaction. A separate
equity award agreement will be generated and upon execution of this Agreement, Executive and the Company shall enter into that Equity
Incentive Award Agreement in the form attached hereto as <U>Exhibit A</U> (&ldquo;Equity Incentive Award Agreement&rdquo;). </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Expenses</U>. Pursuant to the Company&rsquo;s customary policies in force at the time of payment,
Executive shall be reimbursed within 30 days, against presentation of vouchers or receipts therefor, for all expenses properly and reasonably
incurred by Executive on behalf of the Company in the performance of Executive&rsquo;s duties hereunder.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(e)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Benefits</U>. Executive shall be entitled to participate in such pension, profit sharing, group
insurance, hospitalization, and group health (for Executive and his immediate family) and benefit plans and all other benefits and plans,
including perquisites, if any, as the Company provides to its senior executives (the &ldquo;<U>Benefit Plans</U>&rdquo;).</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(f)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Vacation Benefits</U>. During the Term, the Executive shall be entitled to receive vacation benefits
in accordance with the Company&rsquo;s applicable policies and procedures in effect as of the Effective Date of this Agreement, or which
becomes effective during the Term of this Agreement and/or any renewal or extension period thereafter. Subject to said vacation policies
and procedures, the Executive shall be entitled to receive four (4) weeks of Company paid vacation, per year.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(g)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Indemnification and D&amp;O Insurance</U>. The Company agrees to indemnify the Executive to the
maximum extent permitted by the Company&rsquo;s Articles of Incorporation or Bylaws, including, providing to the Executive, if applicable,
any Directors or Officers Insurance Policy, in effect as of the Effective Date, or which becomes effective during the Term of this Agreement
and/or any renewal or extension period thereafter, with such indemnification of the Executive to be on terms determined by the Board,
or any of its authorized Committees, but on terms no less favorable than provided to any other Company executive, officer or director.
</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">4.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Termination; Disability; Resignation; Termination Without Cause</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Termination for Cause</U>. The Company shall have the right to terminate the Executive&rsquo;s
employment hereunder for Cause. Upon such termination for Cause, Executive shall have no further duties or obligations under this Agreement
(except as provided in Section 8) and the obligations of the Company to Executive shall be as set forth below. For purposes of this Agreement,
&ldquo;Cause&rdquo; shall mean:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT>Executive&rsquo;s
indictment or conviction of a felony or any crime involving moral turpitude under federal, state or local law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT>Executive&rsquo;s
failure to perform (other than as a result of Executive's being Disabled), in any material respect, any of his duties or obligations under
or in accordance with this Agreement for any reason whatsoever, including, without limitation, failure to execute or comply with a direction
of the Board, and the Executive fails to cure such failure after written cure notification from the Board of Directors. Upon receipt of
a cure notice, the Executive shall acknowledge and provide a written corrective action plan within ten business days for approval by the
Board of Directors. The Executive shall implement and report progress of the corrective action plan. If the Board of Directors determines
the corrective action plan is not effective they may approve the Executive&rsquo;s termination for cause.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iii)</FONT>Executive
commits any dishonest, malicious or grossly negligent act which is materially detrimental to the business or reputation of the Company,
or the Company&rsquo;s business relationships, provided, however, that in such event the Company shall give the Executive written notice
specifying in reasonable detail the reason for the termination;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iv)</FONT>Any
intentional misapplication by Executive of the Company&rsquo;s funds or other material assets, or any other act of dishonesty injurious
to the Company committed by Executive; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(v)</FONT>Executive&rsquo;s
use or possession of any controlled substance or chronic abuse of alcoholic beverages, which use or possession the Board of Directors
reasonably determines renders Executive unfit to serve in his capacity as Chief Operating Officer of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0in">In the event the Company
terminates the Executive's employment for Cause, then the Executive shall be entitled to receive only such compensation, expenses and/or
benefits that have been earned, accrued or vested as of the date of such termination (collectively, &ldquo;Accrued Obligations&rdquo;).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Disability</U>. The Company shall have the right to terminate the Executive's employment hereunder
by reason of the Executive's becoming Disabled for an aggregate period of ninety (90) days in any consecutive three hundred sixty (360)
day period (the &ldquo;Disability Period&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT>&ldquo;Disabled&rdquo;
as used in this Agreement means that, by reason of physical or mental incapacity, Executive shall fail or be unable to substantially perform
the essential duties of his employment with or without reasonable accommodation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT>In
the event Executive is Disabled, during the period of such disability he shall continue to receive his base compensation in the amount
set forth in Section 3(a) hereof, which base compensation shall be reduced by the amount of all disability benefits he actually receives
under any disability insurance program in place with the Company until the first to occur of (1) the cessation of the Disability or (2)
the termination of this Agreement by the Company. During the period of Disability and prior to termination, the Executive shall continue
to receive the benefits provided in Section 3 hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iii)</FONT>For
the purposes of this Section 4(b), any amounts to be paid to Executive by the Company pursuant to subsection (B) above, shall not be reduced
by any disability income insurance proceeds received by him under any disability insurance policies owned or paid for by the Executive.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iv)</FONT>If
the Executive is terminated at the end of the Disability Period, then the Executive shall receive only such compensation, expenses and/or
benefits that have been earned, accrued or vested as of the date of such termination.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Death</U>. The Company's employment of the Executive shall terminate upon his death and all payments
and benefits shall cease upon such date provided, however, that under this Agreement the estate of such Executive shall be entitled to
receive such compensation, expenses and/or benefits that have been earned, accrued or vested as of the date of such termination. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Termination by the Executive for Good Reason</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0in">The Executive may elect,
by written notice to the Company, such notice to be effective immediately upon receipt by the Company, to terminate his employment hereunder
if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT>The
Company sells all or substantially all of its assets and the Executive is not retained or otherwise has his employment terminated;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT>The
Company merges or consolidates with another business entity in a transaction immediately following which the holders of all of the outstanding
shares of the voting capital stock of the Company own less than a majority of the outstanding shares of the voting capital stock of the
resulting entity (whether or not the resulting entity is the Company); provided, however, that the Executive shall not be permitted to
terminate his employment under this subsection unless he notifies the Company in writing that he does not approve of the transaction or
the directors selected to serve on the Board after the merger or similar transaction described herein; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 1in"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iii)</FONT>The
Company defaults in making any of the payments required under this Agreement and said default continues for a ninety (90) day period after
the Executive has given the Company written notice of the payment default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in; text-align: justify; text-indent: 0in">If the Executive elects
to terminate his employment hereunder pursuant to this Section 4(d), then the Company shall continue to pay to the Executive his base
salary, awarded bonus amounts and all benefits owed hereunder through the end of the current Term.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(e)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Resignation</U>. If the Executive voluntarily resigns during the Term of this Agreement or any
Renewal Term other than pursuant to Section 4(d) hereof, then all payments and benefits shall cease on the effective date of resignation,
provided that under this Agreement the Executive shall be entitled to receive such compensation, expenses and/or benefits that have been
earned, accrued or vested as of and through the date of such termination, such date of termination to be mutually agreed upon between
the Executive and the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(f)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Termination Without Cause</U>. The Company may terminate this Agreement at any time, for any reason,
or for no reason, effective immediately upon notice to Executive, delivered in accordance with Section 6 of this Agreement, stating Company&rsquo;s
intention to terminate this Agreement. If the Company terminates this Agreement pursuant to this Section 4(f) during the Term of this
Agreement or any Renewal Term, then the Company shall continue to pay to the Executive his base salary hereunder for a period of 12 months
and shall receive all Accrued Obligations as of the date of such termination.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">5.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">Covenants.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Confidentiality</U>. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT></FONT><FONT STYLE="font-size: 10pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal"><U>Proprietary Information</U>. Executive understands and acknowledges that,
during the course of his employment with the Company, Executive shall create and has created, as well as shall be granted and has been
granted access to, certain valuable information relating to the business of the Company that provides the Company with a competitive advantage
(or that which could be used to the disadvantage of the Company by a Competitive Business, as defined herein), which is not generally
known by, nor easily learned or determined by, persons outside the Company (collectively referred to herein as &ldquo;<U>Proprietary Information</U>&rdquo;)
including, but not limited to: Developments (as defined herein), the Company&rsquo;s products, applications, methods, trade secrets and
other intellectual property, the research, development, procedures, manuals, confidential reports, technical information, financial information,
business plans, prospects of opportunities, purchasing, operating and other cost data, employee information (including, but not limited
to, personnel, payroll, compensation and benefit data and plans), including all such information recorded in manuals, memoranda, projections,
reports, minutes, plans, drawings, sketches, designs, formula books, data, specifications, software programs and records, whether or not
legended or otherwise identified by the Company as Proprietary Information, as well as such information that is the subject of meetings
and discussions and not recorded. Proprietary Information shall not include such information that Executive can demonstrate is generally
available to the public (other than as a result of a disclosure by Executive).</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT></FONT><FONT STYLE="font-size: 10pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal"><U>Duty of Confidentiality</U>. Executive agrees at all times, both during and
after Executive&rsquo;s employment with the Company, (i) to hold all Proprietary Information in a confidential manner for the benefit
of the Company, to reasonably safeguard all such Proprietary Information; and (ii) to adhere to any non-disclosure, confidentiality or
other similar agreements to which Executive or the Company is or becomes a party or subject thereto. Executive also agrees that he shall
not, directly or indirectly, disclose any such Proprietary Information to, or use such Proprietary Information for the benefit of, any
third person or entity outside the Company, except to persons identified in writing by the Company. Executive further agrees that, in
addition to enforcing this restriction, the Company may have other rights and remedies under the common law or applicable statutory laws
relating to the protection of trade secrets. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iii)</FONT></FONT><FONT STYLE="font-size: 10pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal"><U>Investors, Other Third-Parties, and Goodwill</U>. Executive acknowledges
that all Company Investors, together with all distributors, vendors, customers, representatives, agents, licensees and third-parties (&ldquo;<U>Other
Third Parties</U>&rdquo;) that the Executive interacts and works with while employed by Company, are doing business with the Company and
not with the Executive, personally, and that in the course of dealing with such Investors and Other Third Parties, the Company has established
goodwill with respect to each such Investor and Other Third Party that is created and maintained at the Company&rsquo;s expense (&ldquo;<U>Third-Party
Goodwill</U>&rdquo;). Executive also acknowledges that, by virtue of his employment with the Company, he has gained or will gain knowledge
of the business needs of, and other information concerning, the Investors and Other Third Parties, and that Executive will inevitably
have to draw on such information if Executive solicits or provides services to any Investor or Other Third Parties on his own behalf or
on behalf of a Competitive Business. For purposes of this Agreement, &ldquo;<U>Competitive Business</U>&rdquo; shall mean any enterprise
engaged in any business or entity similar to or competitive with the type of business conducted by the Company or any division or subsidiary
of the Company which shall have succeeded to or is engaged in the business of the Company at the time the Executive&rsquo;s employment
with the Company terminates or other business that is substantially similar to that which the Company is engaged, or plans to be engaged,
so long as Executive is directly involved in such business or planned business on behalf of the Company. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iv)</FONT></FONT><FONT STYLE="font-size: 10pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal"><U>Nondisparagement</U>. The Executive agrees that at no time during his employment
by the Company or thereafter, shall he make, or cause or assist any other person to make, any statement or other communication to any
third party which impugns or attacks, or is otherwise critical of, the reputation, business or character of the Company or any of its
respective directors, officers or employees. Likewise, the Company agrees to not disparage the Executive so long as the Executive seperates
from the Company in good standing and abides by all terms of this agreement and signed non-disclosure and non-compete agreements.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Covenant Not To Disclose, Compete or Solicit</U>. Upon execution of this Agreement, Executive
and the Company shall enter into that certain Non-Disclosure, Non-Competition and Non-Solicitation Agreement in the form attached hereto
as <U>Exhibit A</U> (&ldquo;<U>Non-Disclosure, Non-Competition and Non-Solicitation Agreement</U>&rdquo;). </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT> <FONT STYLE="font-size: 10pt"><U>Assignment of Developments</U>. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT></FONT><FONT STYLE="font-size: 10pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal">Executive acknowledges and agrees that all developments, including, without
limitation, the creation of new products, devices, inventions, discoveries, concepts, ideas, improvements, patents, trademarks, trade
names, trade dress, service marks, copyrights, domain names, trade secrets, designs, works, reports, computer software or systems, flow
charts, diagrams, procedures, data, documentation, and writings and applications thereof, including all results and proceeds of the foregoing,
relating to the Business or future business of the Company that Executive, alone or jointly with others, has discovered, suggested, conceived,
created, made, developed, reduced to practice, or acquired during Executive&rsquo;s employment with or as a result of Executive&rsquo;s
employment with the Company (collectively, &ldquo;<U>Developments</U>&rdquo;) are being prepared by Executive as an employee of the Company
within the scope of Executive&rsquo;s employment and shall be considered as &ldquo;works made for hire&rdquo; and shall remain the sole
and exclusive property of the Company, free of any reserved or other rights of any kind on Executive&rsquo;s part. If and to the extent
the fact that the Developments are works made for hire is not effective to place ownership of the Developments and all rights therein
to the Company, then Executive hereby solely, exclusively and irrevocably assigns and transfers to the Company any and all of his right,
title and interest in and to the Developments. Executive agrees to disclose to the Company promptly and fully all future Developments
and, at any time upon request and at the expense of the Company, to execute, acknowledge and deliver to the Company all instruments that
the Company shall prepare and to take any and all other actions that are necessary or desirable, in the reasonable opinion of the Company,
to evidence or effectuate all or any of the Company&rsquo;s rights hereunder, including executing and delivering patent, trademark or
copyright applications and instruments of assignment to the Company and enabling the Company to file instruments of assignment for, to
file and prosecute applications for, and to acquire, maintain, and enforce, all patents, trademarks or copyrights covering the Developments
in all countries in which the same are deemed necessary by the Company. All data, memoranda, notes, lists, drawings, records, files, investor
and client/customer lists, supplier lists, and other documentation (and all copies thereof) made or compiled by Executive or made available
to Executive concerning the Developments or otherwise concerning the past, present, or planned business of the Company are the property
of the Company, and shall be delivered to the Company immediately upon the termination of Executive&rsquo;s employment with the Company.
</FONT></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT></FONT><FONT STYLE="font-size: 10pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal">If any patent, trademark or copyright application is filed by Executive or on
Executive&rsquo;s behalf during Executive&rsquo;s employment with the Company or within one (1) year after Executive&rsquo;s leaving the
Company&rsquo;s employ, describing a Development within the scope of Executive&rsquo;s work for the Company or which otherwise relates
to a portion of the business of the Company, of which the Executive had knowledge during Executive&rsquo;s employment with the Company,
it is to be conclusively presumed that the Development was conceived by Executive during the period of such employment.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Remedies</U>. Executive acknowledges that the Company has a compelling business interest in preventing
unfair competition stemming from the intentional or inadvertent use or disclosure of the Company&rsquo;s Proprietary Information. Executive
further acknowledges and agrees that damages for a breach or threatened breach of any of the covenants set forth in this Section 5 will
be difficult to determine and will not afford a full and adequate remedy, and therefore agrees that the Company, in addition to seeking
actual damages in connection therewith and the termination of the Company&rsquo;s obligations in Section 4, may seek specific enforcement
of any such covenant in any court of competent jurisdiction, including, without limitation, by the issuance of a temporary or permanent
injunction without the necessity of showing any actual damages or posting any bond or furnishing any other security, and that the specific
enforcement of the provisions of this Agreement will not diminish Executive&rsquo;s ability to earn a livelihood or create or impose upon
Executive any undue hardship. Executive also agrees that any request for such relief by the Company shall be in addition to, and without
prejudice to, any claim for monetary damages that the Company may elect to assert. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(e)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Rights to Materials and Return of Materials</U>. All papers, files, notes, correspondence, lists,
software, software code, memoranda, e-mails, price lists, plans, sketches, documents, reports, records, data, research, proposals, specifications,
technical information, models, flow charts, schematics, tapes, printouts, designs, graphics, drawings, photographs, abstracts, summaries,
charts, graphs, notebooks, investor lists, customer/client lists, information on the use, development and integration of software, information
relating to the research, development, preparation, maintenance and sale of any Company created products, and all other compilations of
information, regardless of how such information may be recorded and whether in printed form or on a computer or magnetic disk or in any
other medium (together with all copies of such documents and things) relating to the Business of the Company or containing Proprietary
Information and/or Developments, which Executive shall use or prepare or come in contact with in the course of, or as a result of, Executive&rsquo;s
employment by the Company shall, as between the parties to this Agreement, remain the sole property of the Company. Laptop computers,
other computers, software and related data, information and other property provided to Executive by the Company or obtained by Executive,
directly or indirectly, from the Company, also shall remain the sole property of the Company. Upon the termination of Executive&rsquo;s
employment or upon the prior demand of the Company, Executive shall immediately return all such materials and things to the Company and
shall not retain any copies or remove or participate in removing any such materials or things from the premises of the Company after termination
or the Company&rsquo;s request for return.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">6.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">Notices. Any notice or communication given by either Party hereto to the other shall be in writing
and personally delivered or mailed by registered or certified mail, return receipt requested, postage prepaid, to the following addresses:</FONT><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 15%">&nbsp;</TD>
  <TD STYLE="width: 20%">If
to the Company: </TD>
  <TD STYLE="width: 65%"><P STYLE="margin-top: 0; margin-bottom: 0">Duos Technologies Group, Inc.<FONT STYLE="background-color: white"></FONT></P>
                         <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="background-color: white">7660 Centurion Parkway, Suite 100</FONT></P>
                         <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="background-color: white">Jacksonville, FL 32256</FONT></P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">Attention: Adrian Goldfarb, CFO</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">agg@duostech.com</P></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 15%">&nbsp;</TD>
  <TD STYLE="width: 20%">With a copy to: </TD>
  <TD STYLE="width: 65%"><P STYLE="margin-top: 0; margin-bottom: 0">J. Thomas Cookson</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">200 South Biscayne
Blvd, Suite 4100</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">Miami, FL 33131</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">tcookson@schutts.com</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 15%">&nbsp;</TD>
  <TD STYLE="width: 20%">If to Executive: </TD>
  <TD STYLE="width: 65%"><P STYLE="margin-top: 0; margin-bottom: 0">Christopher King</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0">XXXX</P>
                         <P STYLE="margin-top: 0; margin-bottom: 0"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">All notices and other communications
given or made pursuant to this Agreement shall be in writing and shall be deemed effectively given: (a) upon personal delivery to the
party to be notified, (b) when sent by confirmed electronic mail or facsimile if sent during normal business hours of the recipient, and
if not so confirmed, then on the next business day, (c) five (5) days after having been sent by registered or certified mail, return receipt
requested, postage prepaid, or (d) one (1) day after deposit with a nationally recognized overnight courier, specifying next day delivery,
with written verification of receipt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">7.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">Miscellaneous.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Representations and Covenants.</U> In order to induce the Company to enter into this Agreement,
the Executive makes the following representations and covenants to the Company and acknowledges that Company is relying upon such representations
and covenants:</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT></FONT><FONT STYLE="font-size: 10pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal">No agreements or obligations exist to which the Executive is a party or otherwise
bound, in writing or otherwise, that in any way interfere with, impede or preclude him from fulfilling any and all of the terms and conditions
of this Agreement. </FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt; font-weight: normal"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT></FONT><FONT STYLE="font-size: 10pt; font-weight: normal">
</FONT><FONT STYLE="font-size: 10pt; font-weight: normal">Executive, during his employment, shall use his best efforts to disclose to
the Board, in writing, or by other effective method, any bona fide information known by him, which he reasonably believes is not known
to the Board, and which he reasonably believes would have any material negative impact on the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Entire Agreement</U>. This Agreement contains the entire understanding of the Parties with respect
to the subject matter contained herein and supersedes the effectiveness all other prior agreements and understandings between the Parties
or between Executive and the Company with respect to such subject matter.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Amendment; Waiver</U>. The Parties agree that this Agreement may not be amended, supplemented,
canceled or discharged, except by written instrument executed by the Party against whom enforcement is sought. No failure to exercise,
and no delay in exercising, any right, power or privilege hereunder shall operate as a waiver thereof. No waiver of any breach of any
provision of this Agreement shall be deemed to be a waiver of any preceding or succeeding breach of the same or any other provision.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Binding Effect; Assignment</U>. The rights and obligations of this Agreement shall bind and inure
to the benefit of any successor of the Company by reorganization, merger or consolidation, or any assignee of all or substantially all
of the Company&rsquo;s business. Executive&rsquo;s rights or obligations under this Agreement may not be assigned by Executive. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(e)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Headings</U>. The headings contained in this Agreement are for reference purposes only and shall
not affect the meaning or interpretation of this Agreement. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(f)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Governing Law; Jurisdiction; Interpretation</U>. This Agreement shall be construed in accordance
with and governed for all purposes, by the laws and public policy of the State of Florida, except as it pertains to conflict of laws principles.
Jurisdiction and venue shall be conferred upon the state and federal courts located in the State of Florida.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(g)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Further Assurances</U>. Each of the Parties agree to execute, acknowledge, deliver and perform,
and cause to be executed, acknowledged, delivered and performed, at any time, and from time to time, as the case may be, all such further
acts, deeds, assignments, transfers, conveyances, powers of attorney and assurances as may be reasonably necessary to carry out the provisions
or intent of this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(h)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Severability</U>. The Parties have carefully reviewed the provisions of this Agreement and agree
that they are fair and equitable. However, in light of the possibility of differing interpretations of law and changes in circumstances,
the Parties further agree that if any one or more of the provisions of this Agreement shall be determined by a court of competent jurisdiction
to be invalid, void or unenforceable, the remainder of the provisions of this Agreement shall, to the extent permitted by law, remain
in full force and effect and shall in no way be affected, impaired or invalidated. Moreover, if any of the provisions contained in this
Agreement are determined by a court of competent jurisdiction to be excessively broad as to duration, activity or subject, it shall be
construed, by limiting or reducing it to the extent legally permitted, so as to be enforceable to the maximum extent compatible with then
applicable law.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Withholding Taxes</U>. All payments hereunder shall be subject to any and all applicable federal,
state, local and foreign withholding taxes.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(j)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Compliance with Section 409A</U>. Notwithstanding anything herein to the contrary, (i) if at the
time of Executive&rsquo;s termination of employment with the Company the Executive is a &ldquo;specified employee&rdquo; as defined in
Section 409A of the Internal Revenue Code of 1986, as amended (the &ldquo;<U>Code</U>&rdquo;), and the deferral of the commencement of
any payments or benefits otherwise payable hereunder as a result of such termination of employment is necessary in order to prevent any
accelerated or additional tax under Section 409A of the Code, then the Company shall defer the commencement of the payment of any such
payments or benefits hereunder (without any reduction in such payments or benefits ultimately paid or provided to Executive) until the
date that is six months following Executive&rsquo;s termination of employment with the Company (or the earliest date as is permitted under
Section 409A of the Code) and (ii) if any other payments of money or other benefits due to Executive hereunder could cause the application
of an accelerated or additional tax under Section 409A of the Code, such payments or other benefits shall be deferred if deferral will
make such payment or other benefits compliant under Section 409A of the Code, or otherwise such payment or other benefits shall be restructured,
to the extent possible, in a manner, determined by the Board, that does not cause such an accelerated or additional tax while, to the
extent possible, preserving the overall economic benefit to the Executive of such payments or benefits. The Company shall consult with
Executive in good faith regarding the implementation of the provisions of this Section 7 (k); <U>provided</U> that neither the Company
nor any of its officers, directors, shareholders, employees, agents or representatives shall have any liability to the Executive with
respect thereto.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(k)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Survival</U>. Notwithstanding the termination of the Executive&rsquo;s employment hereunder, the
terms, conditions and provisions contained herein shall survive such termination.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(l)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Counterparts</U>. The Parties agree that this Agreement may be signed in two (2) or more counterparts,
each of which shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same instrument.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0.5in"><I>[Signature Page Follows]</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><B>IN WITNESS WHEREOF</B>,
the Parties hereto have executed, or have caused to have executed, this Agreement as of the day and year first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><B>DUOS TECHNOLOGIES GROUP INC.</B></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:</TD>
    <TD STYLE="vertical-align: top; width: 46%">/s/ Charles Ferry</TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: #000000 1px solid; vertical-align: top">Name: Charles Ferry<BR>Title:&nbsp;Chief Executive Officer</TD>
</TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0pt; margin-top: 0pt; margin-bottom: 6pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><B>EXECUTIVE</B></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:</TD>
    <TD STYLE="vertical-align: top; width: 46%">/s/ Christopher King</TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: #000000 1px solid; vertical-align: top">Christopher King, an individual</TD>
</TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify">&nbsp;</P>


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify; text-indent: 45pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify">&nbsp;<B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right"><B>Exhibit A</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-transform: uppercase; text-align: center">EQUITY AWARD
AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">This Equity Award Agreement
(this &ldquo;<B><U>Agreement</U></B>&rdquo;) is entered into as of January 1, 2025, by and between Duos Technologies Group, Inc., a Florida
corporation (the &ldquo;<B><U>Company</U></B>&rdquo;), and Christopher King (the &ldquo;<B><U>Grantee</U></B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, pursuant
to the authority of the Board of Directors (the &ldquo;<B><U>Board</U></B>&rdquo;), the Company has made the equity awards specified below
to the Grantee pursuant to the terms of the Duos Technologies Group, Inc. 2021 Equity Incentive Plan, as amended (the &ldquo;<B><U>Plan</U></B>&rdquo;);
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, all capitalized
terms not otherwise defined herein shall have the meanings given to them in the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><B>NOW, THEREFORE</B>,
in consideration of the mutual promises and covenants contained herein, the parties hereto do agree as follows;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">1.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Grant Award of Restricted Stock</U>. The Company hereby awards, subject to the terms of this Agreement
and the Plan, 225,000 shares of the authorized shares of common stock of the Company, subject to the restrictions connected herein (the
&ldquo;<B><U>Restricted Stock</U></B>&rdquo;). In order to accept the grant of the Restricted Stock hereunder, the Grantee must deliver
to the Company:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">This Agreement, duly executed;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">His Employment Agreement, dated as of the date hereof, between the Company and the Grantee (the &ldquo;<B><U>Employment
Agreement</U></B>&rdquo;), duly executed; and</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">An acknowledgment of the cancellation, effective December 31, 2024, of all options previously granted
by the Company to the Grantee, whether under the Plan or otherwise, including those listed on <B><U>Attachment 1</U></B> hereto. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">2.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Vesting</U>. Subject to the terms hereof and the Plan, all of the Restricted Stock shall vest
on December 31, 2027 (the &ldquo;<B><U>Vesting Date</U></B>&rdquo;), subject to the Grantee continuing to provide services as an employee
of the Company or a Related Corporation through such date. Except as provided herein, none of the Restricted Stock shall vest prior to
the Vesting Date.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">3.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Forfeiture of Restricted Stock</U>. Subject to Section 4, notwithstanding any other provision
of this Agreement, all of the Restricted Stock granted hereunder shall be forfeited by the Grantee and canceled in the event any of the
following events occur prior to the Vesting Date:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The termination of the Grantee's employment with the Company for Cause or without Good Reason, as
such terms are defined in the employment agreement of such Grantee, or if such term or terms is not defined in the employment agreement
or there is not an employment agreement as amended or if the Company discovers or becomes aware after termination of the Grantee&rsquo;s
employment of conduct by the Grantee during employment that would have constituted Cause; or </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The occurrence of any one or more of the following:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The Grantee purchases or sells securities of the Company without written authorization in accordance
with the Company&rsquo;s insider trading policy then in effect, if any;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(ii)</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT>The Grantee (A) discloses, publishes or authorizes anyone else to use, disclose or publish, without the prior written consent
of the Company, any proprietary or confidential information of the Company, including, without limitation, any information relating to
existing or potential customers, business methods, financial information, trade or industry practices, sales and marketing strategies,
employee information, vendor lists, business strategies, intellectual property, trade secrets or any other proprietary or confidential
information or (B) directly or indirectly uses any such proprietary or confidential information for the individual benefit of the Grantee
or the benefit of a third party;&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iii)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The Grantee fails to reasonably cooperate to effect a smooth transition of the Grantee&rsquo;s duties
and to ensure that the Company is apprised of the status of all matters the Grantee is handling or is unavailable for consultation after
termination of employment of the Grantee if such availability is a condition of any agreement to which the Company and the Grantee are
parties;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(iv)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The Grantee fails to assign all of such Grantee&rsquo;s rights, title and interest in and to any
and all ideas, inventions, formulas, source codes, techniques, processes, concepts, systems, programs, software, computer data bases,
trademarks, service marks, brand names, trade names, compilations, documents, data, notes, designs, drawings, technical data and/or training
materials, including improvements thereto or derivatives therefrom, whether or not patentable or subject to copyright or trademark or
trade secret protection, developed and produced by the Grantee used or intended for use by or on behalf of the Company or the Company&rsquo;s
clients;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(v)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The Grantee acts in a disloyal manner to the Company, such as making comments, whether oral or in
writing, that tend to disparage or injure (i) the reputation or business of the Company or its Affiliates, or is likely to result in discredit
to, or loss of business, reputation, or goodwill of, the Company or its Affiliates or (ii) its directors, officers, or stockholders; or</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(vi)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">A finding by the Board that the Grantee has acted against the interests of the Company or in a manner
that has or may have a detrimental effect on the Company.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">4.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Accelerated Vesting</U>. If, prior to the Vesting Date, any of the following events occurs, all
of the Restricted Stock granted hereunder shall be deemed to be fully vested as of the date of such event (provided that the Grantee has
continued to provide services as an employee of the Company or a Related Corporation through the date of such event): </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The Grantee becomes disabled (as defined in the Employment Agreement, as it may be amended, or any
other agreement between the Grantee and the Company or any Related Corporation);</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The Grantee dies;</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The Company or any Related Corporation terminates the services provided by the Grantee to the Company
and all Related Corporations (if any) without Cause (as defined in the Employment Agreement, as it may be amended, or any other agreement
between the Grantee and the Company or any Related Corporation);</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The Grantee terminates the services provided by him to the Company and all Related Corporations (if
any) for Good Reason (as defined in the Employment Agreement, as it may be amended, or any other agreement between the Grantee and the
Company or any Related Corporation); or</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(e)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">The consummation, after the date hereof, pursuant to a transaction or series of related transactions,
of any of (a) an acquisition after the date hereof by an individual or legal entity or &ldquo;group&rdquo; (as described in Rule 13d-5(b)(1)
promulgated under the Securities Exchange Act of 1934, as amended) (other than any individual, entity or group named as a 5% Beneficial
Holder in the beneficial ownership table in the Company&rsquo;s Proxy Statement dated August 16, 2024 (or any affiliate thereof)) &nbsp;of
effective control (whether through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess
of 50% of the voting securities of the Company, (b) a merger of the Company into or consolidation of the Company with any other entity,
or a merger by another entity into or a consolidation of another entity with the Company and, after giving effect to such transaction,
the stockholders of the Company immediately prior to such transaction own less than 50% of the aggregate voting power of the Company or
the successor entity of such transaction, (c) a sale or transfer by the Company of all or substantially all of its assets to another entity
and the stockholders of the Company immediately prior to such transaction own less than 50% of the aggregate voting power of the acquiring
entity immediately after the transaction, or (d) a replacement at one time or within a three-year period of more than one-half of the
members of the Board of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on
the date hereof (or by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board
of Directors was approved by a majority of the members of the Board of Directors who are members on the date hereof.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">5.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Transfer</U>. Prior to any vesting in full of the Restricted Stock, the Grantee may not transfer,
sell, gift, dispose of, assign or pledge, whether voluntarily or involuntarily, any of the Restricted Stock. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">6.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Representations and Warranties of the Grantee</U>. The Grantee represents and warrants to the
Company that:</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">He is an Accredited Investor, as defined in Rule 501(a) of Regulation D promulgated pursuant to the
Securities Act of 1933, as amended; </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">He is familiar with all aspects of the Company and its business, financial condition, operations,
and prospects and has reviewed all of the Company&rsquo;s filings with the Securities and Exchange Commission; and </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt">He has received no representation or warranty from the Company or anyone acting on the Company&rsquo;s
behalf. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">7.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Section 83(b) Election</U>. The Grantee is eligible to make an election under Section 83(b) of
the Code with respect to his initial receipt of the Restricted Stock, in the form attached hereto as <U>Exhibit B</U>, within thirty (30)
days of the issuance of such Restricted Stock and agrees to promptly provide a copy of any such election to the Company. The Grantee hereby
acknowledges that if the Grantee makes this election, to the extent determined necessary by the Grantee, he will have reviewed with his
own tax advisors the tax consequences of this Award Agreement, the grant and its surrounding circumstances, and the terms and structure
of the Grantee&rsquo;s ownership of the Restricted Stock, and is relying solely on such advisors and not on any statements or representations
of the Company or any of its subsidiaries or agents. The Grantee understands that the Grantee (and not the Company) shall be responsible
for the Grantee&rsquo;s own tax liability that may arise as result of the transactions contemplated by this Award Agreement or relating
in any manner to the Restricted Stock.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">8.</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Miscellaneous</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(a)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Tax Withholding</U>. The Company shall have the right to deduct (or cause the deduction) from
any payments due to the Grantee, any taxes required by law to be withheld with respect to the Restricted Stock. The Grantee hereby indemnifies
and holds harmless the Company and its affiliates for all U.S. federal and applicable state and local taxes, interest, penalties, and
other additions thereto in connection with the grant of the Restricted Stock.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(b)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Amendments, Waiver</U>. This Award Agreement may only be amended by the written consent of the
parties to this Award Agreement at the time of such amendment. Either party&rsquo;s failure to enforce any of the provisions of this Award
Agreement shall not in any way be construed as a waiver of any such provision, nor prevent that party from thereafter enforcing any other
provision of this Award Agreement. The rights granted both parties hereunder are cumulative and shall not constitute a waiver of either
party&rsquo;s right to assert any other available legal remedy.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(c)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>No Fiduciary Relationship</U>. This Award Agreement shall not establish any fiduciary relationship
between the Company or the Grantee.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(d)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Governing Law</U>. This Award Agreement shall be construed in accordance with and governed by
the laws of the State of Florida without regard to any conflicts of laws rules or principles that would result in the application of the
laws of any other jurisdiction.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(e)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Validity</U>. If any provision of this Award Agreement is or becomes invalid or unenforceable
in any jurisdiction, or would disqualify this Award Agreement under any law deemed applicable by the Board, such provision shall be construed
or deemed amended or limited in scope to conform to applicable laws or, in the discretion of the Board, it shall be stricken and the remainder
of this Award Agreement shall remain in full force and effect.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(f)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>No Right of Employment</U>. Nothing in this Award Agreement shall confer on the Grantee any right
to continue in the employ of the Company or any of its subsidiaries or limit in any way the right of the Company or any of its subsidiaries
to terminate the Grantee&rsquo;s employment at any time, with or without cause subject to the terms of the Employment Agreement, as it
may be amended.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(g)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Entire Agreement; Counterparts</U>. This Award Agreement and the Plan constitute the entire agreement
of the parties with respect to the Restricted Stock and supersede all prior undertakings and agreements with respect to the subject matter
hereof. There are no representations, agreements, arrangements, or understandings, oral or written, between or among the parties hereto,
relating to the subject matter of this Award Agreement, that are not fully expressed herein and the Plans. This Award Agreement may be
executed and delivered in multiple counterparts, including by electronic signature and/or delivery method, all of which shall be considered
one and the same agreement. </FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(h)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Further Assurances</U>. Each party to this Award Agreement agrees to perform all further acts
and to execute and deliver all further documents as may be reasonably necessary to carry out the intent of this Award Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(i)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Construction</U>. Whenever used in this Award Agreement, the singular number will include the
plural, and the plural number will include the singular, and the masculine or neuter gender shall include the masculine, feminine, or
neuter gender. The headings of the Sections herein have been inserted for purposes of convenience and shall not be used for interpretive
purposes.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt"><FONT STYLE="display: inline-block; width: 0.5in; float: left; white-space:nowrap">(j)</FONT></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">
</FONT><FONT STYLE="font-size: 10pt"><U>Successors</U>. The rights and obligations of the Company under this Award Agreement shall be
transferable to any successor to all or substantially all of its business. Except as otherwise contemplated herein, the rights and obligations
of the Grantee under this Award Agreement may only be assigned with the prior written consent of the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><B>IN WITNESS WHEREOF</B>, the parties hereto have
executed this Award Agreement as of date first written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0"></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B><U>COMPANY</U></B></FONT></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><B>DUOS TECHNOLOGIES GROUP INC.</B></P></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:</TD>
    <TD STYLE="vertical-align: top; width: 46%"></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: #000000 1px solid">Name: Charles P. Ferry<BR>Title:&nbsp;Chief Executive Officer</TD>
</TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><B>IN WITNESS WHEREOF</B>, the parties hereto have
executed this Award Agreement as of date first written above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"></P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0"></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B><U>GRANTEE</U>:</B></FONT></P></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">Printed Name: Christopher King</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><U>ADDRESS</U>:</FONT></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0">XXXX</P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"></P></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE=" vertical-align: top; width: 46%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in">&nbsp;</P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; letter-spacing: -0.5pt; text-align: center"><U>ATTACHMENT 1</U></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #153D64">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt; color: white"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="6" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white">Existing Options Grants</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #153D64">
    <TD STYLE="white-space: nowrap; width: 23%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt; color: white"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>Series 2</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>Series 3</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>Series 4</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>Series 5</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>Series 6 </I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>Series 6A</I></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: white"><I>&nbsp;</I></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #FBE2D5">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>Strike Price</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$4.74</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$6.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$4.18-$4.32</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$6.41</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$4.22</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$4.22</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #FBE2D5">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>Expriation</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">31-Mar-25</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">31-Mar-25</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">31-Aug-25</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">31-Dec-26</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">31-Mar-28</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">30-Nov-28</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #FBE2D5">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #196B24">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt; color: white"><B>Chris King</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">Number</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70,000 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">Vested</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23,333 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">Un-vested</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46,667 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #FBE2D5">
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">Cancelled</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70,000 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(70,000)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%">&#160;</td></tr></table></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="letter-spacing: -0.1pt"><B>EXHIBIT
A - NONDISCLOSURE, NON-SOLICITATION </B></FONT><B>AND</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; text-align: center"><B>COVENANT NOT TO COMPETE AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.75pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 20pt; text-align: justify">In
consideration of, and as a condition of, his or her employment or continued employment as an employee or independent contractor by <B>Duos
Technologies, Inc.</B> (which, along with any parent or subsidiary, is hereinafter referred to as the &quot;COMPANY&quot;), and in consideration
of the mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the COMPANY and the individual named on the signature page hereof (hereinafter referred to as &quot;EMPLOYEE&quot; irrespective of the
individual's employment by COMPANY as an employee or as an independent contractor) hereby agree as of the date set forth below as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.55pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>1</B>.
</FONT><FONT STYLE="font-size: 10pt"><B>Obligations of Nondisclosure and Nonuse of Confidential Information. </B>EMPLOYEE shall not at
any time, whether during or after the termination of his or her employment, reveal to any person or entity or use for any purpose any
of the trade secrets or confidential information concerning the organization, business or finances of the COMPANY or of any third party
which the COMPANY is under an obligation to keep confidential (including, but not limited to, trade secrets or confidential information
respecting inventions, products, designs, methods, know-how, techniques, systems, processes, software programs, works of authorship,
customer lists, projects, plans and proposals), except as may be required in the ordinary course of performing his or her duties as an
employee or independent contractor of the COMPANY.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.5pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>2.
</B></FONT><B><FONT STYLE="font-size: 10pt">Restrictions on Use and Disclosure of COMPANY Materials.</FONT></B><FONT STYLE="font-size: 10pt">
EMPLOYEE shall not at any time, whether during or after the termination of his or her employment, make, use or permit to be used any
notes, memoranda, reports, lists, records, drawings, sketches, specifications, software programs, data, documentation or other materials
of any nature, or copies thereof, in whole or in part, relating to any matter within the scope of the business of the COMPANY or concerning
any of its dealings or affairs (collectively, the &quot;COMPANY Materials&quot;) otherwise than for the benefit of the COMPANY. All COMPANY
Materials are and shall at all times be and remain the sole and exclusive property of the COMPANY. Immediately upon the termination of
his or her employment, EMPLOYEE shall deliver all COMPANY Materials to the COMPANY, at its main office.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.25pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>3.</B></FONT><B><FONT STYLE="font-size: 10pt; letter-spacing: 0pt">
Rights to Inventions and Work Product.</FONT></B> <FONT STYLE="font-size: 10pt">For the purposes of this Agreement, the term
&quot;Inventions and Work Product&quot; means any invention, modification, discovery, design, development, improvement, process,
method, software program, work of authorship, work product, documentation, formula, data, technique, or know-how that EMPLOYEE
(either alone or jointly with others) makes, conceives, creates, discovers, invents or reduces to practice prior to, or during his
or her employment that</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 2pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/113% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(a)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">relates to the
business of the COMPANY or any customer of or supplier to the <FONT STYLE="letter-spacing: -0.1pt">COMPANY,</FONT></FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/113% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(b)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">relates to any
of the products or services being developed, manufactured or sold by the COMPANY,</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/10.75pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(c)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.2pt">results
from tasks assigned him or her by the COMPANY,</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.25pt">or</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/116% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(d)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">results from the
use of premises or personal property (whether tangible or intangible) owned, leased, or contracted for by the COMPANY.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 20pt; text-align: justify">EMPLOYEE
represents and warrants to the COMPANY that he or she currently claims no rights in any invention, patented or not patented, modification,
discovery, design, development, improvement, process, method, software program, work of authorship, work product, documentation, formula,
data, technique or know-how described in subsections (a) through (d) above, except for those set forth and described on <U>Schedule
A</U> hereof. If none are set forth on <U>Schedule A.</U> the EMPLOYEE thus warrants that none exist.
All Inventions and Work Product,
all intellectual property rights therein and thereto, and the benefits thereof are and shall immediately become the sole and absolute
property of the COMPANY and its assigns, as works made for hire or <FONT STYLE="letter-spacing: -0.1pt">otherwise. EMPLOYEE shall promptly
disclose to the COMPANY (or any persons designated by it) all </FONT><FONT STYLE="letter-spacing: -0.2pt">such Inventions and Work Product.
EMPLOYEE hereby assigns any and all rights that EMPLOYEE has, </FONT>may have or may acquire in any and all Inventions and Work Product,
all intellectual property rights therein and thereto, and the benefits thereof to the COMPANY and its assigns without further compensation.
EMPLOYEE shall communicate, without cost or delay, and without disclosing to others the same, all available information relating thereto
(with all necessary plans and models) to the COMPANY.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.7pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>4.</B></FONT><B><FONT STYLE="font-size: 7pt; color: #080808; letter-spacing: 0pt"> </FONT></B><B><FONT STYLE="font-size: 10pt; color: #080808">Further Acts.</FONT></B><FONT STYLE="color: #080808; font-size: 10pt"> EMPLOYEE
will, during his or her employment and at any time thereafter, at the request and cost of the COMPANY, promptly sign, execute, make and
do all such deeds, documents, acts and things as the COMPANY and its duly authorized agents may reasonably require to apply for, obtain,
register and vest in the name of the COMPANY alone (unless the COMPANY otherwise directs) letters patent, copyrights, trademarks or other
analogous protection for all Inventions and Work Product in any country throughout the world and when so obtained or vested to renew
and restore the same, and to defend any judicial, opposition or other proceedings in respect of such applications and any judicial, opposition
or other proceedings or petitions or applications for revocation of such letters patent, copyright, trademark or other analogous protection.
In the event the COMPANY is unable, after reasonable effort, to secure EMPLOYEE's signature on any application for letters patent, copyright
or trademark registration or other documents regarding any legal protection relating to any Inventions and Work Product, whether because
of his or her physical or mental incapacity</FONT> <FONT STYLE="font-size: 10pt; color: #232323">or for any</FONT> <FONT STYLE="font-size: 10pt; color: #080808">other
reason whatsoever, EMPLOYEE hereby irrevocably designates and appoints the </FONT><FONT STYLE="font-size: 10pt; color: #232323">COMPANY
</FONT><FONT STYLE="font-size: 10pt; color: #080808">and its duly authorized officers and agents as his or her agent and attorney-in-fact,
to act for and on his or her behalf and stead to execute and file any such application or applications or other documents and to do all
other lawfully permitted acts to further the prosecution and issuance of letters patent, copyright or trademark registrations or any
other legal protection thereon with the same legal force and effect as if executed by him or her.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: #080808; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><B>5.
Non-Solicitation of Employees. </B>For <FONT STYLE="letter-spacing: 0pt">a period of one year </FONT>after the date on which EMPLOYEE's
employment with the COMPANY terminates for any reason, whether voluntarily or involuntarily, EMPLOYEE shall not, without the COMPANY's
prior written consent, solicit or hire any person who is employed by the COMPANY. However, the above will not apply to a) an individual
who responds to a general solicitation of employment or a generalized employee search by headhunter/search firms (in either case not
specifically directed at any employee of the COMPANY or b) soliciting or hiring any former COMPANY Employee whose employment has been
terminated by the COMPANY prior to the first date of the solicitation.</P>

<P STYLE="font: 11pt/113% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>6.&nbsp;</B></FONT><B><FONT STYLE="font-size: 10pt">Non-Solicitation
of Customers.</FONT></B><FONT STYLE="font-size: 10pt"> For that period commencing on the date hereof and ending one year after the date
on which EMPLOYEE'S employment with the COMPANY terminates for any reason, whether voluntarily or involuntarily, EMPLOYEE shall not,
without prior written consent of the COMPANY, directly or indirectly, , as an individual, sole proprietor, partner, stockholder, officer,
director, employee, independent contractor, agent, joint venturer, investor, lender, or in any other capacity whatsoever (other than
as the holder of not more than one percent (1%) of the total outstanding stock of a publicly traded company), solicit any customer or
prospective customer of the COMPANY for the purpose of conducting business with any person or entity other than the COMPANY, or in any
manner seek to induce any such customer to cease or refrain from doing business with the COMPANY. For purposes hereof, a customer of
the COMPANY is defined to mean any customer doing business with the COMPANY during the time of the engagement of the EMPLOYEE and any
prospective customer contacted by the COMPANY during such time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.7pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>7.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt">&nbsp; </FONT><FONT STYLE="font-size: 10pt">Covenant
Not to Compete.</FONT></B><FONT STYLE="font-size: 10pt"> For that period commencing 30 days after the date hereof and ending one
year after the date on which EMPLOYEE's employment with the COMPANY terminates for any reason, whether voluntarily or involuntarily,
EMPLOYEE shall not, without prior written consent of the COMPANY, directly or indirectly, as an individual, sole proprietor,
partner, stockholder, officer, director, employee, independent contractor, agent, joint venturer, investor, lender, or in any other
capacity whatsoever (other than as the holder of not more than one percent (1%) of the total outstanding stock of a publicly traded
company): (a) engage in the business of developing, producing, marketing or selling products or services of the kind or type
developed or being developed, produced, marketed, sold or provided by the COMPANY while EMPLOYEE was <FONT STYLE="letter-spacing: -0.2pt">employed
by the COMPANY; (b) engage in any business in which EMPLOYEE provides services which </FONT><FONT STYLE="letter-spacing: -0.1pt">are
the same or substantially similar to the services which EMPLOYEE performed for the COMPANY; </FONT>or (c) engage directly or
indirectly with any of the Company's customers as prospects that have been contacted by Employee at any time on behalf of the
Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.35pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>8.
</B></FONT><B><FONT STYLE="font-size: 10pt">Equitable Relief.</FONT></B><FONT STYLE="font-size: 10pt"> EMPLOYEE agrees that any breach
of this Agreement by him or her will cause irreparable damage to the COMPANY and that, in the event of such breach, the COMPANY shall
have, in addition to any and all remedies of law, the right to an injunction, specific performance or other equitable relief to prevent
the violation of EMPLOYEE's obligations hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.4pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>9.
No Obligation of Engagement or Employment.</B></FONT> <FONT STYLE="font-size: 10pt">EMPLOYEE understands that this Agreement does not
create an obligation on the part of the COMPANY or any other person or entity to employ EMPLOYEE or to continue his or her engagement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.75pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>10.
</B></FONT><B><FONT STYLE="font-size: 10pt">Employee Representations.</FONT></B><FONT STYLE="font-size: 10pt"> EMPLOYEE hereby represents
<FONT STYLE="letter-spacing: -0.1pt">that:</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3.4pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/113% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(a)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EMPLOYEE is not
obligated to any party to refrain from using or disclosing any trade secret or confidential or proprietary information or to refrain
from competing, directly or indirectly, with the business of such party. If EMPLOYEE is so obligated, <FONT STYLE="letter-spacing: -0.1pt">EMPLOYEE
shall initial this provision, list any and all such agreements on <U>Schedule B</U></FONT> hereto and provide a copy of any and all such
agreements to COMPANY. If no agreements are listed and provided, the EMPLOYEE warrants that none exists.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/111% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(b)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.2pt">EMPLOYEE's
performance of all the terms of this Agreement and as an EMPLOYEE of </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
COMPANY does not and will not breach any agreement or obligation to keep in confidence and not use or disclose any proprietary information,
knowledge or data acquired by EMPLOYEE in confidence or in trust.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt/113% Times New Roman, Times, Serif; margin: 8.6pt 0 0 94.15pt; text-indent: -0.05pt; color: #070707"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/111% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(c)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.2pt">EMPLOYEE
will not use or disclose to the COMPANY or induce the COMPANY to use </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">any
confidential or proprietary information or material belonging to any previous employer or others in connection with his or her performance
of services for the <FONT STYLE="letter-spacing: -0.1pt">COMPANY.</FONT></FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 11pt/111% Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 35pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: 0pt">(d)</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; letter-spacing: -0.1pt">EMPLOYEE
has not entered into, and EMPLOYEE agrees EMPLOYEE will not enter </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">into,
any agreement, either written or oral, in conflict herewith.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.35pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt/112% Times New Roman, Times, Serif; margin: 0 9.05pt 0 27.3pt; text-align: justify; text-indent: 0.1pt; color: #070707"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 11pt/112% Times New Roman, Times, Serif; margin: 0 9.05pt 0 27.3pt; text-align: justify; text-indent: 0.1pt; color: #070707"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B></B></FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>11.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt"> </FONT><FONT STYLE="font-size: 10pt">Waiver.</FONT></B><FONT STYLE="font-size: 10pt"> Any waiver by the COMPANY of a breach of any provision
of this Agreement shall not operate or be construed as a waiver of any subsequent breach of such provision or any other provision hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.55pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>12.
</B></FONT><B><FONT STYLE="font-size: 10pt">Requirement of A Writing.</FONT></B><FONT STYLE="font-size: 10pt"> Any amendment to, waiver
of, or modification of this Agreement or any provisions hereof shall be in writing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.6pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>13.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt"> </FONT><FONT STYLE="font-size: 10pt">Entire Agreement.</FONT></B><FONT STYLE="font-size: 10pt"> This Agreement constitutes the entire
agreement between the COMPANY and EMPLOYEE with respect to the subject matter hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.65pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>14.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt"> </FONT><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">Severability and Construction.</FONT></B><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">
EMPLOYEE hereby agrees that each provision herein shall be </FONT><FONT STYLE="font-size: 10pt">treated as a separate and independent
clause, and the unenforceability of any one clause shall in no way impair the enforceability of any of the other clauses herein. Moreover,
if one or more of the provisions contained in this Agreement shall for any reason be held to be excessively broad as to scope, activity,
subject or otherwise so as to be unenforceable at law, such provision or provisions shall be construed by the appropriate judicial body
by limiting or reducing it or them, so as to be enforceable to the maximum extent compatible with the applicable law as it shall then
appear.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.3pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>15.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt"> </FONT><FONT STYLE="font-size: 10pt">Survival.</FONT></B><FONT STYLE="font-size: 10pt"> EMPLOYEE's obligations under this Agreement shall
survive the termination of his or her employment or engagement by the COMPANY regardless of the manner of such termination and shall
be binding upon his or her heirs, executors, administrators and legal representatives.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.3pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>16.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt"> </FONT><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt">Assignment.</FONT></B><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt">
The COMPANY and any of its subsidiaries, subdivisions, or affiliates, shall have the right to assign this Agreement to their successors
and assigns, and all covenants and agreements hereunder shall inure to the benefit of and be enforceable by said successors or assigns.
EMPLOYEE </FONT><FONT STYLE="font-size: 10pt">hereby consents to the assignment of this Agreement by the COMPANY. This Agreement is personal
to EMPLOYEE and shall not be assigned by him or her.</FONT></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>17.
</B></FONT><B><FONT STYLE="font-size: 10pt">Governing Law.</FONT></B><FONT STYLE="font-size: 10pt"> This Agreement shall be governed
by and construed in accordance with the laws of the State of Florida.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 1.6pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify"><FONT STYLE="font-size: 10pt; letter-spacing: 0pt"><B>18.</B></FONT><B><FONT STYLE="font-size: 7pt; letter-spacing: 0pt"> </FONT><FONT STYLE="font-size: 10pt">Attorneys' Fees.</FONT></B><FONT STYLE="font-size: 10pt"> In the event the COMPANY seeks to enforce
the terms of this Agreement in a legal proceeding, the prevailing party in such a legal proceeding shall be entitled to recover reasonable
attorneys' fees and costs including, but not limited to, reasonable attorneys' fees and costs incurred by the prevailing party in any
appeal relating to the legal proceeding, or in any proceeding in bankruptcy.</FONT></P>

<P STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; margin: 11.4pt 0 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

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 A</U></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 24.3pt; text-align: center; color: #0A0A0A">Rights to Inventions and
Work <FONT STYLE="letter-spacing: -0.1pt">Product</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1.1pt 0 24.3pt; text-align: center; color: #0A0A0A">(if none or not applicable,
please indicate so in writing <FONT STYLE="letter-spacing: -0.1pt">below)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; color: #0A0A0A; margin-top: 0pt; margin-bottom: 6pt; margin-left: 20pt; text-indent: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; color: #0A0A0A; margin-top: 0pt; margin-bottom: 6pt; margin-left: 20pt; text-indent: 0pt; text-align: justify"></P>

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<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; color: #0A0A0A; margin-top: 0pt; margin-bottom: 6pt; margin-left: 20pt; text-indent: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; color: #0A0A0A; margin-top: 0pt; margin-bottom: 6pt; margin-left: 20pt; text-indent: 0pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10.15pt 5.8pt 0 0; text-align: right"><U>SCHEDULE
 </U>B</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 4.3pt 0 0">&nbsp;</P>


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Secret, Confidentiality or Proprietary Information Agreements</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 1.6pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0 7.1pt 0 24.3pt; text-align: center; color: #080808"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non
Competition <FONT STYLE="letter-spacing: -0.1pt">Agreements</FONT></FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 3.8pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0.05pt 7.85pt 0 24.3pt; text-align: center; color: #080808"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(if
none or not applicable, please indicate so in writing <FONT STYLE="letter-spacing: -0.1pt">below)</FONT></FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US">Document Quarterly Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US">Document Transition Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US">Document Shell Company Event Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US">Document Period Start Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2024/dei-2024.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>7
<FILENAME>duot-20250131_pre.xml
<DESCRIPTION>XBRL PRESENTATION FILE
<TEXT>
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<TYPE>XML
<SEQUENCE>9
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.25.0.1</span><table class="report" border="0" cellspacing="2" id="idm46647582389776">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Jan. 31, 2025</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jan. 31,  2025<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-39227<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Duos Technologies Group, Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001396536<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">65-0493217<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">FL<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">7660 Centurion Parkway<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">Suite 100<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Jacksonville<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">FL<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">32256<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">(904)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">296-2807<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock (par value $0.001 per share)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">DUOT<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14a<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
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