THE SECURITIES REPRESENTED BY THIS CERTIFICATE
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED OR REGISTERED OR QUALIFIED UNDER ANY STATE SECURITIES LAWS.
THE SECURITIES MAY NOT BE SOLD, TRANSFERRED, PLEDGED OR HYPOTHECATED UNLESS SUCH SALE, TRANSFER, PLEDGE OR HYPOTHECATION IS IN
ACCORDANCE WITH SUCH ACT AND APPLICABLE STATE SECURITIES LAWS.


 


AVALANCHE INTERNATIONAL, CORP.


10% 180 DAY CONVERTIBLE PROMISSORY NOTE


 


	US $100,000.00	Las Vegas, Nevada
	 	March 27, 2015


 


For good and valuable consideration,
Avalanche International, Corp., a Nevada corporation, ("Maker"), hereby makes and delivers this 10% 180
Day Unsecured Convertible Promissory Note (this ''Note") in favor of Dr. Gary Gelbfish, or his/her assigns ("Holder"),
and hereby agrees as follows:


 


1.                  
Principal Obligation and Interest. For value
received, Maker promises to pay to Holder at 2502 Avenue One, Brooklyn, NY 11210, or at such other place as Holder may designate
in writing, in currently available funds of the United States, the principal amount of $100,000.00, United States Dollars.
Maker's obligation under this Note shall accrue simple interest at the rate of Ten Percent (10.0%) per year from the date
hereof until paid in full. Interest shall be computed based on a 365-day year or 366-day year, as applicable and actual days lapsed.
A loan fee of $10,000.00 and 50,000 shares restricted for six months of the Company's common stock is payable in addition to the
interest. Holder shall pay principal of loan to Maker per Schedule A.


 


2.                  
Payment Terms.


 


a.                          
All principal, loan fees and accrued interest then outstanding shall be due and payable by
the Maker on or before six months from the date hereof (the "Maturity Date"):


 


b.                          
Accrued interest hereunder shall be due monthly and payable from Maker to Holder on a quarterly
basis, with the first such payment being due on June 27, 2015, and future payment being due three (3) months thereafter until the
Maturity Date or until earlier redemption of this Note under the terms hereof.




    	 



    	 



    




c.                          
All payments of interest hereunder may, at the sole option of the Maker, be paid in validly
issued shares of common stock in the Maker, par value $0.001, issued to Holder. Common stock issued to Holder as payment hereunder
shall be valued at a price per share equal to the average of the closing market prices for the Maker's common stock during the
twenty (20) trading days immediately preceding the due date for such payment.


 


d.                          
All payments shall be applied first to interest, then to principal and shall be credited to
the Maker's account on the date that such payment is physically received by the Holder.


 


e.                          
Within 30 days of the date hereof, 50,000 validly issued shares of common stock in the Maker,
par value $0.001, restricted for six months, issued to the Holder, as prescribed in written instructions by the Holder.


 


f.                           
At any time after the date hereof and before the Maturity Date, this Note may be paid or redeemed
in whole, or inpart on one or more occasions, at the sole option of the Maker. In the event that this Note and any outstanding
accrued interest is paid prior to the Maturity Date, Maker shall also be obligated to remit the above-referenced $10,000.00 loan
fee to Holder.


 


3.                  
Optional Conversion; Adjustments to Conversion Price.


 


g.                   
At any time prior to the Maturity date of this Note, the Maker shall the right to pay in full
any principal, accrued interest or loan fees due. If such payment to the Holder is not made prior to the Maturity Date, the Holder
shall have the right, at its option, to convert all or any portion of the outstanding principal, accrued interest and loan fees
due and owing hereunder into shares of fully paid and non-assessable Common Stock of the Maker at the price of $0.50 per share
or 50% of the average of the closing market prices for the Maker's common stock during the twenty (20) trading days immediately
preceding the due date for such payment, (the "Conversion Price"), subject to adjustment as explained herein. In the
event that Holder exercises its right to conversion, the conversion price, referenced in this paragraph, to be applied to said
conversion shall be determined by Holder. Interest will be due and payable per the terms of this Note to the Holder and all other
terms of this Note shall apply on any outstanding balance.




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h.                  
If the Maker shall (i) declare a dividend or other distribution payable in securities, (ii)
split its outstanding shares of Common Stock into a larger number, (iii) combine its outstanding shares of Common Stock into a
smaller number, or (iv) increase or decrease the number of shares of its capital stock in a reclassification of the Common Stock
including any such reclassification in connection with a merger, consolidation or other business combination in which the Maker
is the continuing entity (any such corporate event, an "Event"), then in each instance the Conversion Price shall be
adjusted such that the number of shares issued upon conversion of the sum due and owing hereunder will equal the number of shares
of Common Stock that would otherwise be issued but for such event.


 


i.                    
Notices.


 


                                                                    
i.                       
Immediately upon any adjustment of the Conversion Price, the Maker shall give written notice
thereof to Holder, setting forth in reasonable detail and certifying the calculation of such adjustment and the facts upon which
such adjustment is based.


 


                                                                   
ii.                       
The Maker shall give written notice to the Holder at least five (5) days prior to the date
on which the Maker closes its books or takes a record (a) with respect to any dividend or distribution upon Common Stock, or (b)
with respect to any dissolution or liquidation or any merger, consolidation, reorganization, recapitalization or similar event.




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4.                  
Registration Rights.


 


a.                  
The Maker agrees that if, at any time, and from time to time, the Board of Directors of the
Maker shall authorize the filing of a registration statement under the Securities Act of 1933 on Form S-1, S-3, or S-4 in connection
with the proposed offer of any of its securities by it or any of its stockholders, the Maker shall: (A) promptly notify each Holder
that such registration statement will be filed and that the Common Stock issuable to Holder upon conversion of this Note at the
Conversion Price then in effect (the "Registerable Securities") will be included in such registration statement at such
Holder's request; (B) cause such registration statement to cover all of such Registerable Securities for which such Holder requests
inclusion; (C) use best efforts to cause such registration statement to become effective as soon as practicable; (D) use best efforts
to cause such registration statement to remain effective until the earliest to occur of (i) such date as the sellers of Registerable
Securities have completed the distribution described in the registration statement and (ii) such time that all of such Registerable
Securities are no longer, by reason of Rule 144 under the Securities Act, required to be registered for the sale thereof by such
Holders; and (E) take all other reasonable action necessary under any federal or state law or regulation of any governmental authority
to permit all such Registerable Securities to be sold or otherwise disposed of, and will maintain such compliance with each such
federal and state law and regulation of any governmental authority for the period necessary for such Holder to promptly effect
the proposed sale or other disposition.


 


b.                  
The right of any Holder to request inclusion in any registration pursuant to this Agreement
shall terminate if all Registerable Securities may immediately be sold under Rule 144.


 


c.                   
Notwithstanding any other provision of this Section 5, the Maker may at any time, abandon
or delay any registration commenced by the Maker. In the event of such an abandonment by the Maker, the Maker shall not be required
to continue registration of shares requested by the Holder for inclusion.


 


d.                  
In connection with any offering involving an underwriting of shares of the Maker's capital
stock, the Maker shall not be required to include any of the Registerable Securities in such underwriting unless they accept the
terms of the underwriting as agreed upon between the Maker and the underwriters selected by it, and then only in such quantity
as the underwriters determine in their sole discretion will not jeopardize the success of the offering by the Maker. If the total
amount of securities, including Registerable Securities, requested by stockholders to be included in such offering exceeds the
amount of securities sold other than by the Maker that the underwriters determine in their sole discretion is compatible with the
success of the offering, then the Maker shall be required to include in the offering only that number of such securities, including
Registerable Securities, which the underwriters determine in their sole discretion will not jeopardize the success of the offering
(the securities so included to be apportioned pro rata among the selling stockholders according to the total amount of securities
entitled to be included therein owned by each selling stockholder or in such other proportions as shall mutually be agreed to by
such selling stockholders).




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5.                  
Representations and Warranties of Maker. Maker
hereby represents and warrants the following to Holder:


 


a.                  
Maker and those executing this Note on its behalf have the full right, power, and authority
to execute, deliver and perform the Obligations under this Note, which are not prohibited or restricted under the articles of incorporation
or bylaws of Maker. This Note has been duly executed and delivered by an authorized officer of Maker and constitutes a valid and
legally binding obligation of Maker enforceable in accordance with its terms.


 


b.                  
The execution of this Note and Maker's compliance with the terms, conditions and provisions
hereof does not conflict with or violate any provision of any agreement, contract, lease, deed of trust, indenture, or instrument
to which Maker is a party or by which Maker is bound, or constitute a default thereunder.


 


6.                  
Representations and Covenants of the Holder.
The Maker has issued this Note in reliance upon the following representations and covenants of the Holder:


 


a.                  
Investment Purpose. This Note and any common stock which may be issued as payment hereunder
or upon conversion hereof are acquired for investment and not with a view to the sale or distribution of any part thereof, and
the Holder has no present intention of selling or engaging in any public distribution of the same except pursuant to a registration
or exemption.


 


b.                  
Private Issue. The Holder understands (i) that this Note and any common stock which
may be issued as payment hereunder are not registered under the Securities Act of 1933 (the "1933 Act") or qualified
under applicable state securities laws, and (ii) that the Maker is relying on an exemption from registration predicated on the
representations set forth in this Section 5.


 


c.                   
Financial Risk. The Holder has such knowledge and experience in financial and business
matters as to be capable of evaluating the merits and risks of its investment, and has the ability to bear the economic risks of
its investment.




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d.                  
Risk of No Registration. The Holder understands that if the Maker does not register
with the Securities and Exchange Commission pursuant to Section 12 of the Securities Exchange Act of 1934 (the "1934 Act"),
or file reports pursuant to Section 15(d) of the 1934 Act, or if a registration statement covering the securities under the 1933
Act is not in effect when it desires to sell any of the common stock issued as payment hereunder, it may be required to hold such
securities for an indefinite period. The Holder also understands that any sale of this Note or any sale of common stock in the
Maker which might be made by Holder in reliance upon Rule 144 under the 1933 Act may be made only in accordance with the terms
and conditions of that Rule.


 


7.                  
Defaults. The following events shall be defaults
under this Note:


 


a.                  
Maker' s failure to remit any payment under this Note on before the date due, if such failure
is not cured in full within ten (10) days of written notice of default;


 


b.                  
Maker's failure to perform or breach of any non-monetary obligation or covenant set forth
in this Note or in the Agreement if such failure is not cured in full within fifteen (15) days following delivery of written notice
thereof from Holder to Maker;


 


c.                  
If Maker is dissolved, whether pursuant to any applicable articles of incorporation or bylaws,
and/or any applicable laws, or otherwise;


 


d.                  
The entry of a decree or order by a court having jurisdiction in the premises adjudging the
Maker bankrupt or insolvent, or approving as properly filed a petition seeking reorganization, arrangement, adjustment or composition
of or in respect of the Maker under the federal Bankruptcy code or any other applicable federal or state law, or appointing a receiver,
liquidator, assignee or trustee of the Maker, or any substantial part if its property, or ordering the winding up or liquidation
of its affairs, and the continuance of any such decree or order un-stayed and in effect for a period of twenty (20) days; or


 


e.                  
Maker's institution of proceedings to be adjudicated a bankrupt or insolvent, or the consent
by it to the institution of bankruptcy or insolvency proceedings against it, or its filing of a petition or answer or consent seeking
reorganization or relief under the federal Bankruptcy Code or any other applicable federal or state law, or its consent to the
filing of any such petition or to the appointment of a receiver, liquidator, assignee or trustee of the company, or of any substantial
part of its property, or its making of an assignment for the benefit of creditors or the admission by it in writing of its inability
to pay its debts generally as they become due, or the taking of corporate action by the Maker in furtherance of any such action




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8.                  
Rights and Remedies of Bolder. Upon the occurrence
of an event of default by Maker under this Note, then, in addition to all other rights and remedies at law or in equity, Holder
may exercise any one or more of the following rights and remedies:


 


a.                  
Pursue any other rights or remedies available to Holder at law or in equity.


 


9.                  
Choice of Laws; Actions. This Note shall be
constructed and construed in accordance with the internal substantive laws of the State of Nevada, without regard to the choice
of law principles of said State. Maker acknowledges that this Note has been negotiated in Clark County, Nevada. Accordingly, the
exclusive venue of any action, suit, counterclaim or cross claim arising under, out of, or in connection with this Note shall be
the state or federal courts in Clark County, Nevada. Maker hereby consents to the personal jurisdiction of any court of competent
subject matter jurisdiction sitting in Clark County, Nevada.


 


10.               
Usury Savings Clause. Maker expressly agrees
and acknowledges that Maker and Holder intend and agree that this Note shall not be subject to the usury laws of any state other
than the State of Nevada. Notwithstanding anything contained in this Note to the contrary, if collection from Maker of interest
at the rate set forth herein would be contrary to applicable laws, then the applicable interest rate upon default shall be the
highest interest rate that may be collected from Maker under applicable laws at such time.


 


11.               
Costs of Collection. Should the indebtedness
represented by this Note, or any part hereof, be collected at law, in equity, or in any bankruptcy, receivership or other court
proceeding, or this Note be placed in the hands of any attorney for collection after default, Maker agrees to pay, in addition
to the principal and interest due hereon, all reasonable attorneys' fees, plus all other costs and expenses of collection and enforcement.




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12.               
Miscellaneous.


 


a.                  
This Note shall be binding upon Maker and shall inure to the benefit of Holder and its successors,
assigns, heirs, and legal representatives.


 


b.                  
Any failure or delay by Holder to insist upon the strict performance of any term, condition,
covenant or agreement of this Note, or to exercise any right, power or remedy hereunder shall not constitute a waiver of any such
term, condition, covenant, agreement, right, power or remedy.


 


c.                  
Any provision of this Note that is unenforceable shall be severed from this Note to the extent
reasonably possible without invalidating or affecting the intent, validity or enforceability of any other provision of this Note.


 


d.                  
This Note may not be modified or amended in any respect except in a writing executed by the
party to be charged.


 


e.                  
Time is of the essence.




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13.               
Notices. All notices required to be given
under this Note shall be given to each of the parties at the, following addresses and fax numbers:


 


Avalanche International Corp


5940S.Rainbow Blvd


Las Vegas, NN 89118


Fax: 714-966-2649


 


Dr. Gary Gelbfish


2502 Avenue One


Brooklyn, NY 11210


 


Notices may be transmitted
by facsimile, certified mail, private delivery, or any other commercially reasonable means, and shall be deemed given upon receipt
by the Party to whom they are addressed.


 


14.               
Waiver of Certain Formalities. All parties
to this Note hereby waive presentment, dishonor, notice of dishonor and protest. All parties hereto consent to, and Holder is hereby
expressly authorized to make, without notice, any and all renewals, extensions, modifications or waivers of the time for or the
terms of payment of any sum or sums due hereunder, or under any documents or instruments relating to or securing this Note, or
of the performance of any covenants, conditions or agreements hereof or thereof or the taking or release of collateral securing
this Note. Any such action taken by Holder shall not discharge the liability of any party to this Note.


 


IN WITNESS WHEREOF,
this Note has been executed effective the date and place first written above.


 


	Avalanche International, Corp. "Maker":	Dr. Gary GelbfISh "Holder":
	 	 
	/s/ Philip E. Mansour	/s/ Gary Gelbfish
	Philip E. Mansour	Dr. Gary Gelbfish
	President/CEO	Individual Investor/Self




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