THE SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, ASSIGNED, HYPOTHECATED,
PLEDGED OR OTHERWISE TRANSFERRED WITHOUT REGISTRATION THEREUNDER UNLESS THE
COMPANY HAS RECEIVED THE WRITTEN OPINION OF COUNSEL SATISFACTORY TO IT THAT SUCH
SALE, ASSIGNMENT, OR TRANSFER DOES NOT INVOLVE A TRANSACTION REQUIRING
REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED,

$250,000.00

CONVERTIBLE DEBENTURE

MEDYTOX SOLUTIONS, INC.
(A Nevada Corporation)

Due April 4, 2014

MEDYTOX SOLUTIONS, INC., a Nevada corporation (the "Company"), promises to pay
to Reginald Samuels, or his registered assigns (the "Holder"), the principal sum
of Two Hundred Fifty Thousand Dollars ($250,000.00) on January 17, 2014 (the
"Maturity Date"), together with accrued and unpaid interest thereon. Interest on
the principal amount of this Debenture (the "Debenture") shall accrue at the
rate of 5% per annum, from the date of issuance of this Debenture. Interest
accrued on the outstanding principal balance of this Debenture shall be payable
in cash or other immediately available funds to the Holder upon the earlier of
(i) the Maturity Date, (ii) acceleration of all amounts due and owing hereunder
in accordance with the terms hereinafter set forth, (iii) the date of any
prepayment of the Debenture, or (iv) the date of conversion if the Holder elects
to convert the principal amount of this Debenture into shares or if an Automatic
Conversion (as defined in Section 1 below) occurs in accordance with the terms
hereinafter• set forth unless the Company shall have elected to convert accrued
interest into Common Stock (as defined in Section 1 below). Interest on the
Debenture will accrue from the most recent date of which interest has been paid
or, if no interest has been paid, from the date of issuance. Interest will be
computed on the basis of a 365-day year. The Holder must surrender the Debenture
or provide an appropriate affidavit of lost Debenture to the Company to collect
principal payment thereof. The Debenture may be pre-paid, in full, and in cash,
by the Company subject to the terms and conditions set forth herein.

1.

Conversion. The Holder may convert all or any part of the then outstanding

principal amount of this Debenture, plus accrued interest, into shares of the
Company's Common Stock, $.0001 par value, (the "Common Stock") at any time after
ninety (90) days from the date of issuance of this Debenture and prior to the
date immediately preceding the one year anniversary of the issuance of this
Debenture, at an initial conversion price equal to the average Market Price, as
defined below, for thirty (30) days prior to the date of conversion after
applying a 10% discount to such average Market Price (the "Conversion Price"),
Unless earlier converted, the Debenture will automatically convert into shares
of Common Stock on the one year anniversary of the issuance of this Debenture
without further action by either the Holder or the Company (the "Automatic
Conversion"). In the event of an Automatic Conversion, the

{26144261;1)

Conversion Price shall be calculated the same as described above in this Section
1. No fractional shares of the Company's Common Stock will be issuable upon
conversion of any part of this Debenture, In lieu of any fractional share, the
Company will deliver the cash equivalent of such fractional share to the Holder,
based upon the then current Market Price, as defined below, of such shares of
Common Stock as of the date of any such conversion,

2.

Adjustment, Notwithstanding anything in this Debenture to the contrary, the per

share Conversion Price and the number of shares of the Company's Common Stock
purchasable and issuable upon conversion shall be adjusted from time to time as
follows:

(a)

in case of any reclassification, capital reorganization or other change of
outstanding shares of Common Stock, or in case of any consolidation or merger of
the Company with or into another corporation (other than a consolidation or
merger in which the Company is the continuing corporation and which does not
result in any reclassification, capital reorganization or other change of
outstanding shares of Common Stock), or in case of any sale or conveyance to
another corporation of the property of the Company as, or substantially as, an
entirety (other than a saleileaseback, mortgage or other financing transaction),
the Company shall cause effective provision to be made so that the Holder shall
have the right thereafter, by converting this Debenture, to purchase the kind
and number of shares of stock or other securities or property (including cash)
received upon such reclassification, capital reorganization or other change,
consolidation, merger, sale or conveyance by a holder of the number of shares of
Common Stock that might have been acquired upon conversion of this Debenture
immediately prior to such reclassification, capital reorganization or other
change, consolidation, merger, sale Or conveyance. Any such provision shall
include provision for adjustments that shall be as nearly equivalent as may be
practicable to the adjustments provided for in this Section. The foregoing
provisions shall similarly apply to successive reclassifications, capital
reorganizations and other changes of outstanding shares of Common Stock and to
successive consolidations, mergers, sales or conveyances,

(b)

If and whenever the Company shall grant to the holders of Common
Stock, as such, rights or warrants to subscribe for or to purchase, or any
options for the purchase of, Common Stock or securities convertible into or
exchangeable for or carrying a right, warrant or option to purchase Common
Stock, the Company shall concurrently therewith grant to the Holder of this
Debenture all of such rights, warrants or options to which each such holder
would have been entitled if on the date of determination of shareholders
entitled to the rights, warrants or options being granted by the Company, such
Holder were the holder of record of the number of whole shares of Common Stock
then issuable upon exercise,

(o

In the event the Company shall issue additional shares of its Common

Stock in a stock dividend, stock distribution or subdivision, the Conversion
Price in effect immediately prior to such stock dividend, stock distribution or
subdivision shall, concurrently with the effectiveness of such stock dividend,
stock distribution or subdivision, be proportionately decreased. In the event
the outstanding shares of Common Stock shall be combined or consolidated, by
reclassification or otherwise, into a lesser number of shares of Common Stock,
the Conversion Price in effect immediately prior to such combination or
consolidation shall, concurrently with the effectiveness of such combination or
consolidation, be proportionately increased.

(261442610)

(d)

The term "Market Price" as used herein with respect to a share of
Common Stock shall mean the reported closing sales price, or, if there was no
closing sales price on such day, then the average of the reported closing bid
and asked prices, in either case, on the principal securities exchange on which
the Common Stock is then listed or admitted to trading, or, if not listed or
admitted to trading on any national securities exchange, the average of the
closing bid and asked prices in the over-the-counter market or any other
inter-dealer quotation system, or as furnished by any New York Stock Exchange
member finn selected from time to time by the Company for such purpose, or, if
such prices are not available, the fair market value set by, or in a manner
established by, the Board of Directors of the Company in good faith.

(e)

The Company shall deliver a certificate or certificates for that number of
shares of the Company's Common Stock issuable on conversion as soon as
practicable after surrender of this Debenture for conversion, but the person or
persons to whom such certificates are issuable shall be considered the holder of
record of such shares from the time this Debenture is surrendered. Except as
described above, this Debenture is not otherwise convertible into any other
shares of the Company's Common Stock, Prior to the issuance of any shares of
Common Stock upon conversion hereof, the Holder of this Debenture hereby agrees
to provide the Company with any and all documentation requested by the Company,
including any representations, regarding the issuance of said shares of Common
Stock with respect to any conversion.

3.

Events of Default, An Event of Default is: (a) a default for 30 days in payment
of interest on the Debenture; (b) a default for 30 days in payment of principal
of the Debenture, when the same becomes due and payable at maturity or upon
redemption; (c) the Company, pursuant to the U.S. Bankruptcy Code, commences a
voluntary case or consents to an entry of an order for relief against it in an
involuntary case; (d) the Company consents to the appointment of a custodian of
it or for all or substantially all of its property; (e) the Company makes a
general assignment for the benefit of creditors; or (f) a court of competent
jurisdiction enters an order or decree under any Bankruptcy Law (i) against the
Company in an involuntary case, (ii) appoints a custodian of the Company or for
all or substantially all of its property, or (iii) orders the liquidation of the
Company, and the order or decree remains unstayed and in effect for 90 days. If
an Event of Default occurs and is not cured within fifteen (15) days thereof and
is continuing, then the Holder may declare the Debenture to be due and payable
immediately.

4.

Lost or Stolen Debenture, Upon receipt by the Borrower of evidence of the loss,
theft, destruction or mutilation of this Debenture, and (in the case of loss,
theft or destruction) of indemnity reasonably satisfactory to the Borrower, and
upon surrender and cancellation of this Debenture, if mutilated, the Borrower
shall execute and deliver a new Debenture of like tenor and date.

5.

Miscellaneous,

(a)

Ownership, The Holder of this Debenture shall be deemed to be the

owner of this Debenture for all purposes and the full payment of interest and
principal under this Debenture to such Holder shall constitute the full and
complete discharge of the Company for such purposes.

(26144261;1)

(b)

Severability. The invalidity of any portion of this Debenture shall not
affect the enforceability of the remaining portions of this Debenture or any
part thereof, all of which are inserted herein conditionally on their being
valid in law. In the event that any portion or portions contained herein shall
be invalid, this Debenture shall be construed so as to make such portion or
portions valid or, if such construction is not legally possible, as if such
invalid portion or portions had not been included.

(c)

Binding Effect. This Debenture shall be binding upon and inure to the
benefit of the parties hereto, and their legal representatives, successors and
assigns.

(d)

Entire Agreement. This Debenture, together with any attached schedules,
exhibits and other documents delivered pursuant hereto, constitutes the entire
agreement of the parties and supersedes all prior agreements and undertakings,
both written and oral, between the parties, or any of them, with respect to the
subject matter hereof.

(e)

Modification. No term or provision contained in this Debenture may be
modified, amended or waived except by written agreement or consent signed by the
party to be bound thereby.

(f)

Waiver. No failure to exercise, and no delay in exercising, any right,
power or privilege under this Debenture shall operate as a waiver, nor shall any
single or partial exercise of any right, power or privilege hereunder preclude
the exercise of any other right, power or privilege, No waiver of any breach of
any provision shall be deemed to be a waiver of any preceding or succeeding
breach of the same or any other provision, nor shall any waiver be implied from
any course of dealing between the Company and the Holder.

(g)

Extension. No extension of time for performance of any obligations or
other acts hereunder or under any other agreement shall be deemed to be an
extension of the time for performance of any other obligations or any other
acts.

(Ii) Notices,

All notices, requests, demands, claims, and other

communications hereunder shall be in writing and shall be delivered by certified
or registered mail (first class postage pre-paid), or guaranteed overnight
delivery, to the Company at the address at which its principal business office
is located from time to time, and the Holder at 229 North Wyoming Avenue, South
Orange, New Jersey 07079, or such other address specified by the Holder.

(i)

Attorneys' Fees. Should it become necessary for any party to institute
legal action to enforce the terms and conditions of this Debenture, the
successful party will be awarded reasonable costs of collection, including
reasonable attorneys' fees, at all trial and appellate levels, expenses and
costs.

(j)

Headings. The headings contained in this Debenture are for convenience
of reference only and are not to be given any legal effect and shall not affect
the meaning or interpretation of this Debenture. Any telecopied version of an
original signature shall be deemed an original signature for all signatures
other than that of the Company,

{26144261;1}

(k)

Transferability, Subject to compliance with applicable laws, the Holder• at

its option may surrender this Debenture for exchange at the principal office of
the Company and, without expense (except for any stamp tax or other governmental
charge with respect to any transfer involved therein), receive in exchange
therefor notes, in denominations designated by the Holder and payable to such
person or persons as may be designated by the Holder and for the same aggregate
principal amount as the then unpaid principal balance of this Debenture. Every
instrument made and delivered in exchange for this Debenture shall in all other
respects be in the same form and have the same terms, on a pro Tata basis, as
this Debenture,

(1)

Governing Law: Jury Trial Waiver, This Debenture shall be governed by

the laws of the State of Florida, without regard to its principles of conflicts
of law. Venue for any dispute under this Debenture shall lie in Miami-Dade
County, Florida.

IN WITNESS WHEREOF, the Company has signed and sealed this Convertible Debenture
on this 41h clay of April, 2013,

MEDYTOX SOLUTIONS, INC., a Nevada corporation

By:

William Forhan

Chief Executive Officer

(26144261;1)