Products Sales Agreement 


(Translated)


 


World Scan Project Corporation (“WSPJ”)
and Drone Net Co., Ltd. (“Drone Net”) enter into the Products Sales Agreement (the “Agreement”) as follows:


 


		1.	Purposes



WSPJ promises to sell the following
products (the “Products”) and Drone Net promises to purchase the Products.


 


	Product	Small sized drone named “SkyFight-X”
	Number	10,000 drones
	Price	JPY 15,800
	Total amount	JPY 158,000,000


 


		2.	Delivery Date and Place



WSPJ shall deliver the Products
to Drone Net’s designated place by May 31, 2020.


 


		3.	Payment



Drone Net shall make the payment
for the products as follows:


		ž	Drone Net shall pay JPY 47,400,000 (30%,
sales tax excluded) by March 2, 2020



		ž	Drone Net shall pay JPY 110,600,000 (70%,
sales tax excluded) by May 31, 2020



 


		4.	Risk Bearing



WSPJ shall owe the responsibility
for damage before the delivery date described in the Article 2 and Drone net shall owe the responsibility for damage after the
delivery date.


 


		5.	Court of Jurisdiction



When a dispute arises in connection
with the Agreement, the court of jurisdiction shall be the Tokyo District Court in the first instance.


 


IN WITNESS WHEREOF, the Agreement
has been prepared in duplicate, and after they are signed and seals have been affixed thereto, each party shall retain a copy.


 


March 1, 2020


 


WSPJ:


World Scan Project Corporation


2-13-23-2F, Nishiwaseda, Shinjuku-ku, Tokyo,
Japan


/s/ Ryohei Uetaki


Ryohei Uetaki, Representative Director


 


Drone Net:


Drone Net Co., Ltd.


4-3-29-1F, Kojimachi, Chiyoda-ku, Tokyo,
Japan


/s/ Kazuyuki Murakami


Kazuyuki Murakami, Representative Director




    	 



    	 



    

 


Memorandum of Understanding Regarding Products
Sales Agreement


 


World Scan Project Corporation (“WSPJ”)
and Drone Net Co., Ltd. (“Drone Net”) enter into t the Memorandum of Understanding Regarding Exclusive Supplier (the
“MOU”) as follows:


 


		1.	Purposes



Both parties agreed the following
term and condition:


 


		n	Drone Net shall not develop, manufacture,
purchase or sell similar products of the Product without the WSPJ’s consent. If Drone Net violates this, Drone Net shall
pay JPY 158,000,000 to WSPJ.



 


The similar good is the drone machine
which all of the following conditions are applied:


		ž	The price is within JPY100,000



		ž	The weight is within 50 grams.



		ž	Including LAP sensor or the same function




 


		n	WSPJ shall delivery the Products within
three months.



		n	Drone Net shall pay the advance payment
on the WSPJ’s request.



		n	If WSPJ cannot deliver the Products within
three months, Drone Net may cancel the Agreement.



 


		2.	Valid period



The valid period of the Agreement
shall be from March 1, 2020 to February 28, 2023.


 


IN WITNESS WHEREOF, the Agreement
has been prepared in duplicate, and after they are signed and seals have been affixed thereto, each party shall retain a copy.


 


March 1, 2020


 


WSPJ:


World Scan Project Corporation


2-13-23-2F, Nishiwaseda, Shinjuku-ku, Tokyo,
Japan


/s/ Ryohei Uetaki


Ryohei Uetaki, Representative Director


 


Drone Net:


Drone Net Co., Ltd.


4-3-29-1F, Kojimachi, Chiyoda-ku, Tokyo,
Japan


/s/ Kazuyuki Murakami


Kazuyuki Murakami, Representative Director