Item 1.01 Entry into a Material Definitive Agreement.

On April 7, 2021, Global Tech Industries Group, Inc., ("GTII" or the "Company"), a Nevada corporation, signed an independent Contractor Agreement ("ICA") with Ronald Cavalier. Mr. Cavalier founded Cavalier Galleries Inc. in Stamford, Ct. in 1986 www.cavaliergalleries.com., a group of four art galleries, with locations in Greenwich, CT, New York City, Nantucket Island, and Palm Beach, FL. Under the terms of the ICA, Mr. Cavalier will provide the Company with those services customarily provided by contractors in the business of fine arts, including but not limited to market research, performed in a workmanlike manner consistent with applicable industry standards and undertaken via traditional means, including internet, telephone and/or in-person research as needed in exchange for 200,000 common shares of the Company. Mr. Cavalier shall also provide research and tokenization of non-fungible assets, including but not limited to fine art, and other services will continue to be explored.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits.



10.1     Independent Contractor Agreement dated April 7, 2021 by and between
       Global Tech Industries Group, Inc. and Ronald Cavalier.

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