Form 8-K

8-K — Global AI, Inc.

Accession: 0001493152-26-024455

Filed: 2026-05-19

Period: 2026-05-13

CIK: 0001473490

SIC: 5960 (RETAIL-NONSTORE RETAILERS)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Financial Statements and Exhibits

Documents

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

WASHINGTON,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of

the

Securities Exchange Act of 1934

Date

of report (Date of earliest event reported): May 13, 2026

GLOBAL

AI, INC.

(Exact

name of registrant as specified in its charter)

Nevada

333-163439

26-4170100

(State

or other jurisdiction

incorporation)

(Commission

File

Number)

(I.R.S.

Employer

Identification

Number)

110

Front Street, Suite 300, Jupiter, FL 33477

(Address

of principal executive offices) (Zip code)

(561)

240-0333

(Registrant’s

telephone number, including area code)

N/A

(Former

name or former address, if changed since last report)

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 (see General Instruction A.2.)

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

N/A

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)

or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging

growth company ☐

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. ☐

Item

5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of

Certain Officers.

previously disclosed, on September 19, 2025, Global AI, Inc. (the “Company”) and Darko Horvat, the Company’s Chief

Executive Officer and Chairman of the Board and a significant stockholder of the Company, entered into an Executive Employment Agreement

(the “Horvat Agreement”), effective as of September 1, 2025. Pursuant to the terms of the Horvat Agreement, the Company agreed

to pay Mr. Horvat an initial annual base salary of $650,000. Mr. Horvat was also eligible for annual incentive compensation targeted

at 50% of base salary, subject to performance against key performance indicators established by the Board of Directors.

The

Horvat Agreement also provided for equity incentives, including:

●

Time-based

stock option grant equal to 2.5% of outstanding equity, vesting over four years with a one-year cliff;

●

Milestone-based

stock option grant equal to 2.5% of outstanding equity, vesting over four years upon achievement of performance milestones; and

●

Market

capitalization restricted stock unit milestone grants, with awards valued at $18.75 million to $37.5 million upon achievement of

certain market capitalization thresholds, subject to Board approval and liquidity conditions.

addition, Mr. Horvat was entitled to a sale bonus equal to 1% of enterprise value upon consummation of a qualifying change of control

transaction with a pre-determined enterprise value.

Shortly

after entering into the Horvat Agreement, the Company and Mr. Horvat determined that they wished to terminate the Horvat Agreement, although

Mr. Horvat would continue to serve as a non-employee Chief Executive Officer. The Company and Mr. Horvat memorialized this understanding

in the Termination and Release Agreement, dated as of May 13, 2026, by and between the Company and Mr. Horvat (the “Termination

Agreement”). Pursuant to the Termination Agreement, the termination of the Horvat Agreement was deemed effective as of September

19, 2025.

Mr.

Horvat continued to serve as Chief Executive Officer following termination of the Horvat Agreement and entry into the Termination Agreement.

The

foregoing description of the Termination Agreement is qualified in its entirety by reference to the complete terms and conditions of

the Termination Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K, and is incorporated by reference

into this Item 5.02.

Item

9.01. Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit

No.

Description

10.1

Termination and Release Agreement, dated as of May 13, 2026, by and between the registrant and Darko Horvat.

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

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.

GLOBAL

AI, INC.

Dated:

May 19, 2026

By:

/s/

Darko Horvat

Name:

Darko

Horvat

Title:

Chief

Executive Officer

EX-10.1

Filename: ex10-1.htm · Sequence: 2

Exhibit

10.1

Termination

and Release Agreement

Dated

as of May 13, 2026

This

Termination and Release Agreement (this “Agreement”), dated as of the date first set forth above (the “Effective Date”),

is entered into by and between Global AI Inc., a Nevada corporation (the “Company”) and Darko Horvat (the “Executive”).

Each of the Company and Executive may be referred to herein individually as a “Party” and collectively as the “Parties”.

WHEREAS,

the Parties are the parties to that certain Executive Employment Agreement dated as of September 19, 2025 (the “Employment Agreement”);

and

WHEREAS,

the Parties now desire to terminate the Employment Agreement and the term of the Employment Agreement pursuant to the terms and conditions

herein;

NOW,

THEREFORE, in consideration of the covenants, promises and representations set forth herein, and for other good and valuable consideration,

the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound hereby, the Parties agree as follows:

Termination

of Employment Agreement.

1.1.

The

Parties agree that the Employment Agreement and the term of the Employment Agreement are each hereby terminated by the mutual agreement

of the Parties, and the Employment Agreement shall be null and void and of no further force or effect, other than as set forth herein.

Notwithstanding the foregoing, any provisions of the Employment Agreement which are specifically set forth therein as surviving any

expiration or termination of the Employment Agreement shall so survive in accordance with their terms.

1.2.

Neither

Party shall owe any payments to the other in connection with the termination of the Employment Agreement as set forth herein and

Executive acknowledges and agrees that Executive has received all amounts owed to Executive pursuant to the Employment Agreement,

and this Section 1.2 shall take precedence over any contrary provisions of the Employment Agreement, including, without limitation,

Section 7 thereof.

1.3.

the extent permissible, the termination of the Employment Agreement shall be deemed effective as of September 19, 2025.

1.4.

The

Parties acknowledge and agree that Executive shall remain the Chief Executive Officer of the Company following the termination of

the Employment Agreement.

Release

of Claims.

2.1.

Effective

as of the Effective Date, the Company, for itself and its Affiliates (as defined below), whether an Affiliate as of the Effective

Date or hereafter becoming an Affiliate, and for each of their respective predecessors, successors, assigns, heirs, representatives,

and agents and for all related parties, and all persons acting by, through, under or in concert with any of them in both their official

and personal capacities (collectively, the “Company Parties”) hereby irrevocably, unconditionally and forever release,

discharge and remise Executive and Executive’s Affiliates (whether an Affiliate as of the Effective Date or later), and their

respective predecessors, successors, assigns, heirs, representatives, and agents and for all related parties and all persons acting

by, through, under or in concert with any of them in both their official and personal capacities (collectively, the “Executive

Parties”), from all claims of any type and all manner of action and actions, cause and causes of action, suits, debts, dues,

sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies, agreements, promises, variances,

trespasses, damages, judgments, executions, claims and demands whatsoever, in law or in equity, known or unknown, that any Company

Party may have now or may have in the future, against any of the Executive Parties, solely to the extent that those claims arose

pursuant to the Employment Agreement, may have arisen pursuant to the Employment Agreement, or are otherwise based on the Employment

Agreement (collectively, the “Company Released Claims”). The Company represents and warrants that no Company Released

Claim released herein has been assigned, expressly, impliedly, or by operation of law, and that all Company Released Claims released

herein are owned by the Company, which has the respective sole authority to release them. The Company agrees that it shall forever

refrain and forebear from commencing, instituting or prosecuting any lawsuit action or proceeding, judicial, administrative or otherwise

collect or enforce any Company Released Claim which is released and discharged herein.

2.2.

Effective

as of the Effective Date, Executive, for Executive and for the other Executive Parties, hereby irrevocably, unconditionally and forever

releases, discharges and remises each Company Party, from all claims of any type and all manner of action and actions, cause and

causes of action, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies,

agreements, promises, variances, trespasses, damages, judgments, executions, claims and demands whatsoever, in law or in equity,

known or unknown, that any Executive Party may have now or may have in the future, against any of the Company Parties, solely to

the extent that those claims arose pursuant to the Employment Agreement, may have arisen pursuant to the Employment Agreement, or

are otherwise based on the Employment Agreement (collectively, the “Executive Released Claims”). Executive represents

and warrants that no Executive Released Claim released herein has been assigned, expressly, impliedly, or by operation of law, and

that all Executive Released Claims released herein are owned by Executive, who has the sole authority to release them. Executive

agrees that Executive shall forever refrain and forebear from commencing, instituting or prosecuting any lawsuit action or proceeding,

judicial, administrative or otherwise collect or enforce any Executive Released Claim which is released and discharged herein.

2.3.

For

purposes herein, “Affiliate” shall mean, as to any person or entity (each, a “Person”), any other Person

that, directly or indirectly, through one of more intermediaries, controls, is controlled by or is under common control with such

Person. For purposes of the immediately preceding sentence, the term “control” (including, with correlative meanings,

the terms “controlling,” “controlled by” and “under common control with”), as used with respect

to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and

policies of such Person, whether through ownership of voting securities, by contract or otherwise.

2.4.

Each

of the Parties hereby waives any and all rights which it may have with respect to this Agreement or the subject matter hereof, under

the provisions of Section 1542 of the Civil Code of the State of California as now worded and as hereafter amended, which section

provides that:

“A

general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor

at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the

debtor or released party.”

2.5.

is understood and agreed by each of the Parties that the facts in respect to which this Agreement is executed may turn out to be

other than or different from the facts in the respect now known or believed by each of the Parties to be true; and with such understanding

and agreement, each Party expressly accepts and assumes the risk of facts being other than or different from the assumptions and

perceptions as of any date prior to and including the date hereof, and agrees that this Agreement shall be in all respects effective

and shall not be subject to termination or rescission by reasons of any such difference in facts, and subject to the terms and conditions

herein.

Covenant

Not to File a Claim and Indemnification.

3.1.

The

Company, on its own behalf and on behalf of the Company Parties, agrees not to file for itself or on behalf of any other Company

Party, any claim, charge, complaint, action, or cause of action against any Executive Party related to the Company Released Claims,

and agrees to indemnify and save harmless such Executive Parties from and against any and all losses, including, without limitation,

the cost of defense and legal fees, occurring as a result of any claims, charges, complaints, actions, or causes of action made or

brought by any such Company Party against any Executive Party in violation of the terms and conditions of this Agreement. In the

event that any Company Party brings a suit against any Executive Party in violation of this covenant, the Company agrees to pay any

and all costs of the Executive Parties, including attorneys’ fees, incurred by such Executive Parties in challenging such action.

Any Executive Party is an intended third-party beneficiary of this Agreement.

3.2.

Executive,

on behalf of Executive and on behalf of each of the Executive Parties, agrees not to file for Executive or on behalf of any Executive

Party, any claim, charge, complaint, action, or cause of action against any Company Party related to the Executive Released Claims,

and further agrees to indemnify and save harmless such Company Parties from and against any and all losses, including, without limitation,

the cost of defense and legal fees, occurring as a result of any claims, charges, complaints, actions, or causes of action made or

brought by any such Executive Party against any Company Party in violation of the terms and conditions of this Agreement. In the

event that any Executive Party brings a suit against any Company Party in violation of this covenant, Executive agrees to pay any

and all costs of the Company Parties, including attorneys’ fees, incurred by such Company Parties in challenging such action.

Any Company Party is an intended third-party beneficiary of this Agreement.

Affirmations.

4.1.

The

Company affirms that it has not filed, caused to be filed, or presently is a party to any claim, complaint, or action against any

Executive Party in any forum or form and should any such charge or action be filed by any Company Party or by any other person or

entity on any Company Party’s behalf involving matters covered by Section 2.1, the Company agrees to promptly give the agency

or court having jurisdiction a copy of this Agreement and inform them that any such claims any such Company Party might otherwise

have had are now settled.

4.2.

Executive

affirms that Executive has not filed, caused to be filed, or presently is a party to any claim, complaint, or action against any

Company Party in any forum or form and should any such charge or action be filed by any Executive Party or by any other person or

entity on any Executive Party’s behalf involving matters covered by Section 2.2, Executive agrees to promptly give the agency

or court having jurisdiction a copy of this Agreement and inform them that any such claims any such Executive Party might otherwise

have had are now settled.

4.3.

This

is a compromise and settlement of potential or actual disputed claims and is made solely for the purpose of avoiding the uncertainty,

expense, and inconvenience of future litigation. Neither this Agreement nor the furnishing of any consideration concurrently with

the execution hereof shall be deemed or construed at any time or for any purpose as an admission by any Party of any liability or

obligation of any kind. Any such liability or wrongdoing is expressly denied. The Parties acknowledge that this Agreement was reached

after good faith settlement negotiations and after each Party had an opportunity to consult legal counsel. This Agreement extends

to, and is for the benefit of, the Parties, their respective successors, assigns and agents and anyone claiming by, through or under

the Parties.

Representations

and Warranties of the Parties. Each Party (the “Representing Party”) represents and warrants to the other Party as

set forth in this Section 5.

5.1.

Due

Authority; No Violation. Representing Party has all requisite rights and authority or the capacity to execute, deliver and perform

its obligations under this Agreement. The execution and delivery of this Agreement and the consummation of the transactions contemplated

hereby have been duly and validly authorized by such Representing Party, and no other proceedings are necessary to authorize the

execution, delivery and performance of this Agreement or the transactions contemplated hereby or thereby on the part of such Representing

Party. The execution, delivery and performance of this Agreement will not (x) violate, conflict with, or result in the breach, acceleration,

default or termination of, or otherwise give any other contracting party the right to terminate, accelerate, modify or cancel any

of the terms, provisions, or conditions of any material agreement or instrument to which such Representing Party is a party or by

which such Representing Party’s assets may be bound or (y) constitute a violation of any material applicable law, rule or regulation,

or of any judgment, order, injunctive award or decree of any governmental authority applicable to such Representing Party or (z)

conflict with, result in the breach or termination of any provision of, or constitute a default under (in each case whether with

or without the giving of notice or the lapse of time, or both) any order, judgment, arbitration award, or decree to which such Representing

Party is a party or by which it or any of its assets or properties are bound.

5.2.

Approvals.

No approval, authority, or consent of or filing by such Representing Party with, or notification to, any governmental authority,

is necessary to authorize the execution and delivery of this Agreement or the consummation of the transactions contemplated herein.

5.3.

Enforceability.

This Agreement has been duly executed and delivered by such Representing Party and, assuming that this Agreement constitutes the

legal, valid and binding obligation of the other Party, constitutes the legal, valid, and binding obligation of such Representing

Party, enforceable against such Representing Party in accordance with its terms, except to the extent that the enforceability thereof

may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and other similar laws of

general application affecting enforcement of creditors’ rights generally.

Miscellaneous.

6.1.

Expenses.

Other than as specifically set forth herein, each of the Parties shall pay its own costs that it incurs incident to the preparation,

execution, and delivery of this Agreement and the performance of any related obligations, whether or not the transactions contemplated

by this Agreement shall be consummated.

6.2.

Consequential

Damages. EACH PARTY HERETO WAIVES ANY AND ALL CLAIMS AGAINST THE OTHER FOR ANY LOSS, COST, DAMAGE, EXPENSE, INJURY OR OTHER LIABILITY

WHICH IS IN THE NATURE OF INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE OR CONSEQUENTIAL DAMAGES WHICH ARE SUFFERED OR INCURRED AS THE

RESULT OF, ARISE OUT OF, OR ARE IN ANY WAY CONNECTED TO THE PERFORMANCE OF THE OBLIGATIONS UNDER THIS AGREEMENT.

6.3.

Representations

and Warranties. All representations, warranties, and agreements made by the Parties pursuant to this Agreement shall survive

the consummation of the transactions contemplated herein until the expiration of the applicable statute of limitations.

6.4.

Effect

of Waiver. The waiver by either Party of a breach of any provision of this Agreement shall not operate or be construed as a waiver

of any subsequent breach hereof. No waiver shall be valid unless in writing.

6.5.

Assignment.

This Agreement shall be binding upon and shall inure to the benefit of the Parties and their respective successors and permitted

assigns. No Party shall have any power or any right to assign or transfer, in whole or in part, this Agreement, or any of its rights

or any of its obligations hereunder, including, without limitation, any right to pursue any claim for damages pursuant to this Agreement

or the transactions contemplated herein, or to pursue any claim for any breach or default of this Agreement, or any right arising

from the purported assignor’s due performance of its obligations hereunder, without the prior written consent of each of the

other Parties and any such purported assignment in contravention of the provisions herein shall be null and void and of no force

or effect.

6.6.

Third-Party Rights. Except as expressly provided in this Agreement, this Agreement is intended solely for the benefit of the

Parties hereto and is not intended to confer any benefits upon, or create any rights in favor of, any person or entity other than

the Parties hereto.

6.7.

Entire

Agreement; Amendment. This Agreement, the Option Agreement and the provisions of the Employment Agreement which survive the termination

as set forth herein, set forth the entire agreement of the Parties hereto and supersede any and all prior agreements and understandings

concerning the Executive’s employment by the Company. This Agreement may be changed only by a written document signed by the

Executive and the Company.

6.8.

Severability.

If any one or more of the provisions, or portions of any provision, of the Agreement shall be held to be invalid, illegal or unenforceable,

the validity, legality or enforceability of the remaining provisions or parts hereof shall not in any way be affected or impaired

thereby.

6.9.

Governing

Law; Waiver of Jury Trial; Etc.

6.9.1.

This

Agreement, and any and all claims, proceedings or causes of action relating to this Agreement or arising from this Agreement or the

transactions contemplated herein, including, without limitation, tort claims, statutory claims and contract claims, shall be interpreted,

construed, governed and enforced under and solely in accordance with the substantive and procedural Laws of the State of Nevada,

in each case as in effect from time to time and as the same may be amended from time to time, and as applied to agreements performed

wholly within the State of Nevada.

6.9.2.

each

Party agrees that all legal proceedings concerning this Agreement shall be commenced in the state and federal courts sitting in PALM

BEACH COUNTY, FLORIDA (the “Selected Courts”). Each Party hereto hereby irrevocably submits to the exclusive jurisdiction

of the Selected Courts for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated

hereby or discussed herein (including with respect to the enforcement of the rights of a Party under this AGREEMENT, and hereby irrevocably

waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction

of such Selected Courts, or such Selected Courts are improper or inconvenient venue for such proceeding. Each Party hereby irrevocably

waives personal service of process and consents to process being served in any such suit, action or proceeding by mailing a copy

thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such Party at the address in effect

for notices to it under this Agreement and agrees that such service shall constitute good and sufficient service of process and notice

thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other manner permitted by

applicable law.

6.9.3.

THE EXTENT PERMITTED BY APPLICABLE LAW, EACH OF THE PARTIES HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING

OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY HERETO (A) CERTIFIES

THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD

NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE

BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 6.9.3.

6.9.4.

any Party shall commence an action or proceeding to enforce any provisions of this Agreement, then the prevailing Party in such action

or proceeding shall be reimbursed by the other Party for its attorneys’ fees and other costs and expenses incurred in the investigation,

preparation and prosecution of such action or proceeding.

6.10.

Notices.

All notices and other communications hereunder shall be in writing and shall be given by hand delivery to the other Party, or by

registered or certified mail, return receipt requested, postage prepaid, or by email with return receipt requested and received or

nationally recognized overnight courier service, addressed as set forth below or to such other address as either Party shall have

furnished to the other in writing in accordance herewith. All notices, requests, demands and other communications shall be deemed

to have been duly given (i) when delivered by hand, if personally delivered, (ii) when delivered by courier or overnight mail, if

delivered by commercial courier service or overnight mail, and (iii) on receipt of confirmed delivery, if sent by email.

to the Company:

Global

AI Inc.

Attn:

Darko Horvat

110

Front Street, Suite 300

Jupiter,

FL 33477

Email:

to Executive, to the address for Executive as set forth in the books and records of the Company.

6.11.

Headings.

The section headings contained in this Agreement are inserted for convenience only and shall not affect in any way the meaning or

interpretation of this Agreement.

6.12.

Counsel.

The Parties acknowledge and agree that legal counsel to the Company (“Counsel”) has acted as legal counsel to the Company,

and that Counsel has prepared this Agreement at the request of the Company, and that Counsel is not legal counsel to Executive individually.

Each of the Parties acknowledges and agrees that they are aware of, and have consented to, the Counsel acting as legal counsel to

the Company and preparing this Agreement, and that Counsel has advised each of the Parties to retain separate counsel to review the

terms and conditions of this Agreement and the other documents to be delivered in connection herewith, and each Party has either

waived such right freely or has otherwise sought such additional counsel as it has deemed necessary. Each of the Parties acknowledges

and agrees that Counsel does not owe any duties to Executive in Executive’s individual capacity in connection with this Agreement

and the transactions contemplated herein. Each of the Parties hereby waives any conflict of interest which may apply with respect

to Counsel’s actions as set forth herein, and the Parties confirm that the Parties have previously negotiated the material

terms of the agreements as set forth herein.

6.13.

Rule

of Construction. The general rule of construction for interpreting a contract, which provides that the provisions of a contract

should be construed against the Party preparing the contract, is waived by the Parties hereto. Each Party acknowledges that such

Party was represented by separate legal counsel in this matter who participated in the preparation of this Agreement or such Party

had the opportunity to retain counsel to participate in the preparation of this Agreement but elected not to do so.

6.14.

Execution

in Counterparts, Electronic Transmission. This Agreement may be executed in any number of counterparts, each of which shall be

deemed an original. The signature of any Party which is transmitted by any reliable electronic means such as, but not limited to,

a photocopy, electronically scanned or facsimile machine, for purposes hereof, is to be considered as an original signature, and

the document transmitted is to be considered to have the same binding effect as an original signature or an original document.

[Signatures

appear on following page]

WITNESS WHEREOF, the Parties have duly executed this Agreement as of the Effective Date.

Global

AI Inc.

By:

/s/

Darko Horvat

Name:

Darko

Horvat

Title:

Chief

Executive Officer

Executive:

Darko Horvat

By:

/s/

Darko Horvat

Name:

Darko

Horvat

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Name of the City or Town

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Code for the postal or zip code

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Name of the state or province.

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Indicate if registrant meets the emerging growth company criteria.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

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.

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No definition available.

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Two-character EDGAR code representing the state or country of incorporation.

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No definition available.

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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

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Local phone number for entity.

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No definition available.

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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.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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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.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

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-Number 240

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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.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

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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.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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