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INTELLECTUAL PROPERTY & INVENTION ASSIGNMENT AGREEMENT

This INTELLECTUAL PROPERTY & INVENTION ASSIGNMENT AGREEMENT (“Agreement”),

is dated and made effective as of _____________, 2015 (the “Effective Date”), by and between

(“Employee”) and GENESYS Industrial Corporation (“Employer”).

RECITALS

WHEREAS, Employer has offered Employee employment with Employer and Employee
has accepted.

NOW THEREFORE, as a requirement of and in consideration for Employee's future and
continued employment by Employer and the mutual agreements, covenants and promises set

forth herein and other good and valuable consideration, the receipt and sufficiency of which

the parties hereby acknowledge, the parties agree as follows:

A. Employee Acknowledgements.
1. Employee Acknowledges:

a. Employer engages in a highly competitive and technical business, and success in this

business requires the cooperation and interaction of employees with skills,
knowledge, and expertise in various specialized and technical areas.

b. It is Employer’s policy to encourage the free exchange of information and

cooperation among its employees, with a minimum of restrictions within the

company.

c. Performance of Employee’s duties may involve the discussion of valuable
confidential and proprietary information, such as product development plans,

techniques, protocols, formulations, and other know-how.

d. During the course of employment, valuable and extensive relationships, both formal
and informal, may be formed between Employee and Clients (as defined below) of

Employer.

e. During the course of employment, Employee may conceive, develop, or reduce to

practice Inventions (as defined below).