SUPREME
COURT OF THE STATE OF NEW YORK COUNTY OF KINGS


 


	LG
                                         CAPITAL FUNDING, LLC

         

        Plaintiff,

        v.

         

        RICH
        PHARMACEUTICALS, INC.

         

        Defendant.

         
	Index
                                         No.:

         

        AFFIDAVIT
        OF CONFESSION OF JUDGMENT

         



 


 


STATE
OF NEW YORK    )


                                               )
SS:


COUNTY
OF NEW YORK)


 


 


Ben
Cheng, being duly sworn, deposes and states:





 


 


1.                        
I am the CEO of Rich Pharmaceuticals, Inc. (“RCHA” or “Defendant”), a non-resident, Nevada Corporation,
and am duly authorized to make this affidavit on behalf of the above-captioned corporate Defendant.





2.                        
Defendant maintains its principal place of business at 95695 Wilshire Blvd, Suite 900, Beverly Hills, CA 90212. Defendant authorizes
judgment in the County of Kings, State of New York, or any other jurisdiction where such judgment is enforceable under the circumstances
set forth below.


 





3.                        
Defendant hereby confesses judgment to the matters contemplated herein and authorizes entry thereof against Defendant in the sum
of Two Hundred Eighty




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Eight
Thousand One Hundred Thirty Two and 64/100 ($288,132.64) Dollars in favor of LG CAPITAL FUNDING, LLC (“Plaintiff”
or “LG”), and any successors and/or assigns, and hereby authorizes LG or its successors, assigns, and/or legal representatives
to enter judgment for that sum, plus accrued interest and fees due pursuant to the terms of the Note, less any payments on account.


 


4.                        
This Affidavit of Judgment by Confession is executed pursuant to New York Civil Practice Law and Rules Section 3218 for a debt
justly due or to become due, to LG from Defendant, based on the following facts:





		a.	Defendant
                                         makes this affidavit to secure a promissory note executed in the State of New York, for
                                         monies loaned to RCHA by LG.



		b.	On
                                         or about May 5, 2016, Defendant issued and executed a $68,900 Convertible Promissory
                                         Note (the “May 5 Note”) to LG. A true and correct copy of the May 5 Note
                                         is attached hereto as Exhibit A.



		c.	Pursuant
                                         to the terms of the May 5 Note, on or about May 5, 2016 LG tendered the Defendant Sixty
                                         Eight Thousand Nine Hundred Dollars ($68,900.00) (the “May 5 Principal”)
                                         in consideration for the executed May 5 Note.





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		d.	On
                                         or about May 25, 2016, Defendant issued and executed a $30,000 Convertible Promissory
                                         Note (the “May 25 Note”) to LG. A true and correct copy of the May 25 Note
                                         is attached hereto as Exhibit B.



		e.	Pursuant
                                         to the terms of the May 25 Note, on or about May 25, 2016 LG tendered the Defendant Thirty
                                         Thousand Dollars ($30,000.00) (the “May 25 Principal”) in consideration for
                                         the executed May 25 Note.



		f.	On
                                         or about June 6, 2016, Defendant issued and executed a $19,864.73 Convertible Promissory
                                         Note (the “June 6 Note”) to LG. A true and correct copy of the June 6 Note
                                         is attached hereto as Exhibit C.



		g.	Pursuant
                                         to the terms of the June 6 Note, on or about June 6, 2016 LG tendered to a third party
                                         Nineteen Thousand Eight Hundred Sixty Four and 73/100 Dollars ($19,864.73) (the “June
                                         6 Principal”) in consideration for the executed June 6 Note.



		h.	On
                                         or about June 8, 2016, Defendant issued and executed an $84,250 Convertible Promissory
                                         Note (the “June 8 Note”) to LG. A true and correct copy of the June 8 Note
                                         is attached hereto as Exhibit D.



		i.	Pursuant
                                         to the terms of the June 8 Note, on or about June 8, 2016 LG tendered the Defendant Eight
                                         Four Thousand Two Hundred Fifty Dollars ($84,250.00.00) (the “June 8 Principal”)
                                         in consideration for the executed June 8 Note.





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		j.	On
                                         or about June 23, 2016, Defendant issued and executed a $56,000 Convertible Promissory
                                         Note (the “June 23 Note”) to LG. A true and correct copy of the June 23 Note
                                         is attached hereto as Exhibit E.



		k.	Pursuant
                                         to the terms of the June 23 Note, on or about June 23, 2016 LG tendered the Defendant
                                         Fifty Six Thousand Dollars ($56,000.00) (the “June 23 Principal”) in consideration
                                         for the executed June 23 Note.



		l.	On
                                         or about June 23, 2016, Defendant issued and executed a $29,117.91 Convertible Promissory
                                         Note (the “June 23 Aged Note”) to LG. A true and correct copy of the June
                                         23 Aged Note is attached hereto as Exhibit F.



		m.	Pursuant
                                         to the terms of the June 23 Aged Note, on or about June 23, 2016 LG tendered to a third
                                         party Twenty Nine Thousand One Hundred Seventeen and 91/100 Dollars ($29,117.91) (the
                                         “June 23 Aged Principal”) in consideration for the executed June 23 Aged
                                         Note.



		n.	The
                                         May 5 Note, the May 25 Note, the June 6 Note, the June 8 Note, the June 23 Note and the
                                         June 23 Aged Note are collectively, referred to as the Note. The May 5 Principal, the
                                         May 25 Principal, the June 6 Principal, the June 8 Principal, the June 23 Principal and
                                         the June 23 Aged Principal are collectively referred to as the Principal.



		o.	Pursuant
                                         to the terms of the Note, RCHA granted LG certain rights, including, but not limited
                                         to: (i) payment of the Principal, plus all interest and fees accrued and outstanding
                                         on the Maturity Date; (ii) the right 





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from
time to time, to convert the Note into shares of Common Stock; (iii) interest on the Principal balance at a rate of eight percent
(8%) per annum from the date of issuance; (iv) interest on the Principal or interest not paid when due at a rate of up to Twenty-Four
Percent (24%) per annum from the due date thereof until the same is paid; and (v) and acceleration upon default. 


		p.	Pursuant
                                         to the terms of the Notes, Defendant was obligated to repay the Principal to LG under
                                         certain circumstances, including any/all requests conversion of portions of the Principal
                                         to be reimbursed vis-à-vis the issuance of shares of Defendant’s common
                                         stock, and the Note’s maturity date, among others.









		q.	To
                                         secure performance of Defendant’s obligations under the Notes, acting in my capacity
                                         as CEO of the corporate Defendant, I executed and caused this Affidavit of Judgment by
                                         Confession to be delivered to Tomer Tal, counsel to Plaintiffs, to be held pending the
                                         execution of Defendant’s obligations under the Notes. In the event the conditions
                                         of the Notes are not met, including but not limited to, the repayment of the Principal,
                                         accrued interest and fees, or a failure to convert any stock as contemplated thereunder,
                                         Michael Steinmetz is authorized to file this Affidavit of Judgment by Confession with
                                         the Supreme Court of the County of New York, or any other jurisdiction where such judgment
                                         is enforceable under the circumstances set forth below.





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		r.	On
                                         or about_____ Defendant breached the terms of the Notes and is in default pursuant
                                         to the provisions thereunder.



 








5.                        
Upon filing of this Affidavit of Judgment by Confession, Defendant will therefore be indebted to LG for up to the total sum of
Two Hundred Eighty Eight Thousand One Hundred Thirty Two and 64/100 ($288,132.64) Dollars, plus any accrued interest and any default
payments due thereunder, less payments on account. The total sum due and owing to LG is $______________.


 


6.                        
This Confession of Judgment may be entered without any prior notice to myself, or any other member of the corporate Defendant.


 


7.                        
Entry of this judgment shall not render the Notes void or otherwise unenforceable and the parties shall retain all respective
obligations, rights, and remedies thereunder.


 


8.                        
Plaintiff shall be entitled to recover any/all of the sum justly due or to become due by and through the issuance of shares of
Defendant’s common stock.




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9.                      
I further authorize
entry of judgment against
Defendant for costs
and disbursements as
provided in Section 3218(b)
of the New York Civil
Practice Law and
Rules and
reasonable attorney's fees incurred
by LG in the entry of
this judgment and
any subsequent proceedings to
enforce such judgment.


 


10.                 
This Confession of Judgment does not involve an installment sale
as prohibited by New
York Civil Practice
Law and Rules
Section 3201.


/s/Ben Chang


Ben Chang


CEO, Rich Pharmaceuticals,
Inc.


 


 


	Sworn
                                         to before me

        This 22 day
        of June, 2016

         

         

        /s/
        Notary Public

        Notary Public

         
	State
                                         of Nevada

        County of
        Clark

         

        This instrument
        was acknowledged before me on June 22, 2016 by Ben Chang

         

        (Notary stamp)

         

        /s/
        Notary Public

        (Signature
        of notarial officer)





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