Exhibit
10.3


 


INTELLECTUAL
PROPERTY SECURITY AGREEMENT


 


This
INTELLECTUAL PROPERTY SECURITY AGREEMENT (as from time to time amended, restated, supplemented or otherwise modified, this “Agreement”),
dated as of 15 April 2021, is made by Slinger Bag Inc., a Nevada corporation having offices at 2709 North Rolling Road, Suite 138, Windsor
Mill, MD 21244 (“Parent”), Slinger Bag Americas Inc., a Delaware corporation having offices at 2709 North Rolling Road, Suite
138, Windsor Mill, MD 21244 (“Slinger Bag Americas”), Slinger Bag Canada, Inc., a Canadian company having offices at 2709
North Rolling Road, Suite 138, Windsor Mill, MD 21244 (“SBC”), Slinger Bag International (UK) Limited (“SB UK”),
an English limited company having offices at 2709 North Rolling Road, Suite 138, Windsor Mill, MD 21244 and Slinger Bag Ltd., an Israeli
company having offices at 2709 North Rolling Road, Suite 138, Windsor Mill, MD 21244 (“SBL;” Slinger Bag Americas, SBC, SB
UK, SBL and the Parent are referred to collectively, jointly and severally, as the “Grantor”), and SB Invesco LLC, a Wyoming
limited liability company (the “Lender”).


 


BACKGROUND:


 


The
Grantor has agreed to execute and deliver to Lender this Agreement to secure the indebtedness of Grantor under the promissory note (the
“Note”) issued pursuant to the Loan Agreement (as defined herein).


 


TERMS
AND CONDITIONS:


 


For
the reasons described above, in consideration of the mutual promises and covenants set forth in this Loan Agreement, and for other good
and valuable consideration, the receipt and adequacy of which are hereby acknowledged, Lender and Borrower hereby agree as follows:


 


1.
DEFINED TERMS: RULES OF CONSTRUCTION. Capitalized terms used in this Agreement but not otherwise defined herein have the meanings
given to them in the Notes or the Loan Agreement, as applicable. When used herein the following terms shall have the following meanings:


 


a.
“Copyrights” means all copyrights (whether registered or unregistered), and all moral rights and all registrations,
applications for registration, renewals, extensions and reversions of any of the foregoing.


 


b.
“Copyright Licenses” means all agreements pursuant to which Grantor is licensor or licensee, granting any right under
any Copyright, including rights to manufacture, reproduce, display, distribute, perform, modify or otherwise exploit, and sell materials
embodying or derived from, any work protected by Copyright.


 




    	Exhibit B - Intellectual Property Security Agreement	Page 1 of 15	 



    	 	 	 



    

 


c.
“Intellectual Property” means all intellectual property rights and related priority rights throughout the world, whether
protected, created or arising under the Laws of the United States or any other jurisdiction or under any international convention, including
any and all of the following: (i) Patents; (ii) Trademarks; (ii) Copyrights; (iii) Patent Licenses; (iv) Trademark Licenses; (v) Copyright
Licenses; (vi) Trade Secrets, (vii) all intellectual property rights in or to Software, databases and data collections, and (viii) all
domain names, together with the goodwill associated therewith, and all registrations, applications for registration, renewals and extensions
for any of the foregoing.


 


d.
“Loan Agreement” means that certain Business Loan and Security Agreement made and entered into as of 15 April 2021,
by and among the Granter, and Lender (as amended, restated, supplemented or otherwise modified from time to time in accordance with its
terms).


 


e.
“Obligations” shall have the meaning provided thereto in the Loan Agreement.


 


f.
“PTO” means the United States Patent and Trademark Office and any successor office or agency.


 


g.
“Patents” means all patents and patent applications and invention disclosures, including all continuations, continuations-in-part,
divisionals and provisionals and all patents issuing on any of the foregoing, and all reissues, reexaminations, substitutions, renewals
and extensions of any of the foregoing.


 


h.
“Patent Licenses” means all agreements pursuant to which Granter is licensor or licensee, granting any right to manufacture,
have made, import, use, or sell any invention claimed, in whole or in part, in a Patent.


 


i.
“Software” means all (a) computer programs, including any and all software implementations of algorithms, models and
methodologies, whether in source code or object code, (b) databases and compilations, including any and all data and collections of data,
whether machine readable or otherwise, (c) descriptions, flow-charts and other work product used to design, plan, organize and develop
any of the foregoing, screens, user interfaces, report formats, firmware, development tools, templates, menus, buttons and icons and
(d) documentation, including user manuals and other training documentation, related to any of the foregoing.


 


j.
“Technology” means all Software, works of authorship, compositions, content, information, designs, formulae, algorithms,
procedures, methods, techniques, ideas, know-how, research and development, technical data, programs, subroutines, tools, materials,
specifications, processes, inventions (whether patentable or unpatentable and whether or not reduced to practice), apparatus, creations,
improvements, recordings, graphs, drawings, reports, analyses and other similar writings and materials.


 


k.
“Trademarks” means all trade names, trademarks, service marks, trade dress, logos and other source or business identifiers
(whether registered or unregistered), together with the goodwill associated with any of the foregoing, and all registrations, applications
for registration, renewals and extensions for any of the foregoing.


 




    	Exhibit B - Intellectual Property Security Agreement	Page 2 of 15	 



    	 	 	 



    

 


l.
“Trademark Licenses” mean all agreements pursuant to which Grantor is licensor or licensee, granting any right to
use a Trademark.


 


m.
“Trade Secrets” mean all trade secrets and all intellectual property rights in or to proprietary information, know-how,
show-how or Technology.


 


n.
“UCC” shall have the meaning provided thereto in the Loan Agreement.


 


o.
All Schedules, Addenda, Annexes and Exhibits hereto or expressly identified to this Agreement are incorporated herein by reference and
taken together with this Agreement constitute but a single agreement. The words “herein”, “hereof” and “hereunder”
or other words of similar import refer to this Agreement as a whole, including the Exhibits, Addenda, Annexes and Schedules thereto,
as the same may be from time to time amended, modified, restated or supplemented, and not to any particular section, subsection or clause
contained in this Agreement. Wherever from the context it appears appropriate, each term stated in either the singular or plural shall
include the singular and the plural, and pronouns stated in the masculine, feminine or neuter gender shall include the masculine, the
feminine and the neuter. The term “or” is not exclusive. The term “including” (or any form thereof) shall not
be limiting or exclusive. All references to statutes and related regulations shall include any amendments of same and any successor statutes
and regulations. All references in this Agreement or in the Schedules, Addenda, Annexes and Exhibits to this Agreement to sections, schedules,
disclosure schedules, exhibits, and attachments shall refer to the corresponding sections, schedules, disclosure schedules, exhibits,
and attachments of or to this Agreement. All references to any instruments or agreements, including references to any of this Agreement
or the Related Agreements shall include any and all modifications or amendments thereto and any and all extensions or renewals thereof.


 


p.
The parties acknowledge that each party and its counsel have reviewed this Agreement and that the normal rule of construction to the
effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement
or any amendments, Schedules or Exhibits hereto.


 


2.
GRANT OF SECURITY INTEREST IN INTELLECTUAL PROPERlY COLLATERAL. To secure the prompt payment to the holder of the Notes of the
Obligations of the Grantor now or hereafter existing from time to time, Grantor hereby pledges and grants to the Lender, for the benefit
of the holder of the Notes, a continuing security interest in and Lien upon all of Grantor’s right, title and interest in, to and
under the following, whether presently existing or hereafter created or acquired (collectively, the “Collateral”):


 


a.
Trademarks and Trademark Licenses to which Grantor is a party including those referred to on Schedule I hereto;


 




    	Exhibit B - Intellectual Property Security Agreement	Page 3 of 15	 



    	 	 	 



    

 


b.
Patents and Patent Licenses to which Granter is a party, including those referred to on Schedule II hereto;


 


c.
Copyrights and Copyright Licenses to which Granter is a party, including those referred to on Schedule Ill hereto;


 


d.
Intellectual Property not covered by the foregoing, including those referred to on Schedule IV hereto;


 


e.
Rights to sue third parties for past, present or future infringement, dilution, misappropriation, or other violation of rights in any
Intellectual Property, including injury to the goodwill associated with any Trademark, and all causes of action for the same; and


 


f.
All proceeds of all or any of the foregoing, tort claims and all claims and other rights to payment including (i) insurance claims against
third parties for loss of, damage to, or destruction of, the foregoing Collateral and (ii) payments due or to become due under Copyright
Licenses, Patent Licenses or Trademark Licenses and proceeds payable under, or unearned premiums with respect to, policies of insurance
in whatever form regarding the foregoing Collateral; provided, however, that, notwithstanding any of the foregoing or anything
else in this Agreement or the Loan Agreement or otherwise, Collateral shall not include (i) any property or interests in property to
the extent that the grant of a security interest therein is prohibited by any rule of Law, statute or regulation, requires a consent
not obtained of any government, governmental body or official or is prohibited by, or constitutes a breach or default under or results
in the termination of or requires any consent not obtained under, any contract, license, agreement, instrument or other document or shareholder
or similar agreement, except to the extent that such rule of Law, statute or regulation or the term in such contract, license, agreement,
instrument or other document or shareholder or similar agreement providing for such prohibition, breach, default or termination or requiring
such consent is ineffective under applicable Law or (ii) any Trademark application filed in the PTO on the basis of Grantor’s intent
to use the Trademark that is the subject of such Trademark application, unless and until a statement of use or amendment to allege use
under 15 U.S.C. Section 1051(d) or 15 U.S.C. Section 1051(c), respectively, has been filed in the PTO and examined and accepted or deemed
in conformance with 15 U.S.C. Section 1051(a), respectively, by the PTO, in which event, such Trademark shall automatically be included
in the Collateral.


 


3.
COVENANTS. Granter covenants and agrees with Lender, from and after the date of this Agreement, and in addition to the covenants
in the Notes, that:


 


a.
Granter shall notify Lender reasonably promptly if it knows (i) that any application or registration for any Intellectual Property owned
by Grantor may become abandoned, dedicated to the public or placed in the public domain or otherwise invalidated or unenforceable (unless,
in any of the foregoing cases, Granter shall have previously determined in its reasonable business judgment that such Intellectual Property
is no longer necessary for or desirable in the conduct of Grantor’s business), or (ii) of any adverse determination in any proceeding
(including the institution of any proceeding) in the PTO, the United States Copyright Office, or any similar agency of the United States,
any State of the United States, or other country or political subdivision thereof, any Internet domain name registry or other registry,
or any court, regarding Grantor’s ownership of or right to use, register, keep or maintain any material Intellectual Property;


 




    	Exhibit B - Intellectual Property Security Agreement	Page 4 of 15	 



    	 	 	 



    

 


b.
Grantor shall take all reasonable actions necessary to maintain and pursue each application for registration of the material Intellectual
Property owned by Grantor from time to time, including filing applications for renewal, affidavits of use, affidavits of noncontestability
and the commencement and prosecution of opposition and interference and cancellation proceedings (unless, in any of the foregoing cases,
Grantor reasonably determines that any such action would be of negligible economic value or that any such action would jeopardize or
harm any other Intellectual Property (including any application or registration therefor));


 


c.
In the event that any Intellectual Property owned by Grantor (or exclusively licensed to Grantor such that Grantor has sufficient rights
and standing under applicable Law to assert such Intellectual Property against any third party) is infringed, diluted, misappropriated,
or otherwise violated by a third party, Grantor shall notify Lender reasonably promptly after Grantor learns thereof and shall, unless
Grantor reasonably determines that any such action would be of negligible economic value or that any such action would jeopardize or
harm any other Intellectual Property (including any application or registration therefor) or would otherwise be inadvisable, (i) reasonably
promptly take reasonable actions to stop the same and enforce its rights in such Intellectual Property and (except where the failure
to recover such damages could not reasonably be expected to have a material adverse effect on the business, assets, liabilities, condition
(financial or otherwise), properties or operations of Grantor) to recover all damages therefor, including, when and where reasonably
appropriate, the initiation of a suit for injunctive relief or damages and (ii) take such other actions as are reasonable under the circumstances
to protect Grantor’s rights in such Intellectual Property;


 


d.
Grantor shall, when and where commercially reasonable and feasible, use statutory notice of registration in connection with its use of
registered Trademarks, proper marking practices in connection with the use of Patents, appropriate notice of copyright in connection
with the publication of materials protected by Copyright and any other legends or markings required by Law that are applicable to other
Intellectual Property;


 


e.
Grantor shall maintain the level of the quality of products sold and services rendered under any Trademarks owned by Grantor at a level
at least substantially consistent with the quality of such products and services as of the date hereof, and, with respect any products
sold or services rendered by Grantor’s licensees of any Trademarks owned by Grantor, Grantor shall reasonably control the quality
of such products sold and services rendered under such Trademarks owned by Grantor;


 


f.
Grantor shall take all reasonable steps necessary to protect the secrecy of all Trade Secrets material to its business (unless Grantor
shall have previously determined in its reasonable business judgment that any such Trade Secret is of negligible economic value or is
no longer necessary for or desirable in the conduct of Grantor’s business).


 




    	Exhibit B - Intellectual Property Security Agreement	Page 5 of 15	 



    	 	 	 



    

 


4.
LOAN AND SECURITY AGREEMENT. The security interests granted pursuant to this Agreement are granted in conjunction with the security
interests granted by Grantor to Lender, for the benefit of the holder of the Notes, pursuant to the Loan Agreement. Grantor hereby acknowledges
and affirms that the rights and remedies of Lender with respect to the Collateral made and granted herein are more fully set forth in
the Loan Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. Any rights and
remedies set forth herein are without prejudice to, and in addition to, those set forth in the Loan Agreement.


 


5.
REINSTATEMENT. This Agreement shall remain in full force and effect and continue to be effective should any petition be filed
by or against Grantor for liquidation or reorganization, should Grantor become insolvent or make an assignment for the benefit of any
creditor or creditors or should a receiver or trustee be appointed for all or any significant part of Grantor’s assets, and shall
continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Obligations, or any part
thereof, is, pursuant to applicable Law, rescinded or reduced in amount, or must otherwise be restored or returned by Grantor, whether
as a “voidable preference,” “fraudulent conveyance,” or otherwise, all as though such payment or performance
had not been made. In the event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Obligations shall
be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned.


 


6.
NOTICES. Whenever it is provided herein that any notice, demand, request, consent, approval, declaration or other communication
shall or may be given to or served upon any of the parties by any other party, or whenever any of the parties desires to give and serve
upon any other party any communication with respect to this Agreement, each such notice, demand, request, consent, approval, declaration
or other communication shall be in writing and shall be given in the manner, and deemed received, as provided for in the Loan Agreement.


 


7.
TERMINATION OF THIS AGREEMENT. Subject to Section 5 hereof, this Agreement shall terminate upon payment in full of the Obligations.


 


8.
THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF WYOMING APPLICABLE TO CONTRACTS
MADE AND PERFORMED IN SUCH STATE, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW.


 


Signature
page follows.


 




    	Exhibit B - Intellectual Property Security Agreement	Page 6 of 15	 



    	 	 	 



    

 


IN
WITNESS WHEREOF, Grantor has executed this Intellectual Property Security Agreement as of 15 April 2021.


 


	 	GRANTOR:
	 	 
	 	SLINGER
    BAG, INC.,
	 	a
    Nevada corporation
	 	 	 
	 	 	 
	 	By:	Mike
    Ballardie
	 	Its:	Chief
    Executive Officer
	 	 	 
	 	SLINGER
    BAG AMERICAS INC.,
	 	a
    Delaware corporation
	 	 
	 	 	 
	 	By:	Mike
    Ballardie
	 	Its:	Chief
    Executive Officer
	 	 	 
	 	SLINGER
    BAG CANADA, INC.,
	 	a
    Canadian company
	 	 	 
	 	 	 
	 	By:	Mike
    Ballardie
	 	Its:	Chief
    Executive Officer
	 	 	 
	 	SLINGER
    BAG LTD.,
	 	an
    Israeli company
	 	 	 
	 	 	 
	 	By:	Mike
    Ballardie
	 	Its:	Chief
    Executive Officer
	 	 	 
	 	SLINGER
    BAG INTERNATIONAL (UK) LIMITED,
	 	An
    English limited company
	 	 	 
	 	 	 
	 	By:	Mike
    Ballardie
	 	Its:	Chief
    Executive Officer


 




    	Exhibit B - Intellectual Property Security Agreement	Page 7 of 15	 



    	 	 	 



    

 


SCHEDULE
I 

TO

INTELLECTUAL PROPERTY SECURITY AGREEMENT


 


I.
TRADEMARKS


 


	TRADEMARKS
	 

    SLBG
	 

    Mark
	 

    Serial
    No.
	 

    Filed
	 

    Goods
	 

    Reg.
    No.
	 

    Issue
    Date
	Next
    Due (Window Opens)
	8157

    United
    States
	

    Slinger,
	 

    88013537
	 

    06-25-2018
	IC
                                            28: Cases for tennis balls; Racket cases; Tennis ball

    throwing
    apparatus
	 

    6053961
	 

    05-12-2020
	 

    Renewal
    due 05-12-2025

	8157

    Chile
	 

    1317645
	 

    03-18-2019
	IC
                                            28: Cases for tennis balls; Racket cases;

    Tennis
    ball throwing apparatus
	 

    1306502
	 

    09-25-2019
	 

    Renewal
    due 09-25-2029

	8157

    United
    Arab Emirates
	 	 	 	 

    Pending

	8157

    South
    Africa
	 

    2019/07763
	 

    03-18-2019
	IC
                                            28: Cases for tennis balls; Racket cases; Tennis ball

    throwing
    apparatus
	 

    2019/07763
	 

    07-30-2020
	 

    Renewal
    due 03-18-2029

	8157

    Taiwan
	 

    108016210
	 

    05-17-2019
	IC
    28: Cases for tennis balls; Racket cases; Tennis ball throwing apparatus	 

    2010780
	 

    09-16-2019
	 

    Renewal
    due 03-19-2029

	8157

    Mexico
	 

     

    1465081
	 

     

    03-19-2019
	 

     

    IC
    28: Cases for tennis balls; Racket cases; Tennis ball throwing apparatus
	1465081	03-06-2020	Renewal
    due 03-19-2029
	8157

    Colombia
	1465081	06-04-2020	Renewal
    due 03-19-2019
	8157

    European
    Union
	 

    1465081
	 

    06-12-2019
	Renewal
    due 03-19-2029
	8157

    Russia
	 

    1465081
	 

    12-17-2019
	Renewal
    due 03-19-2029
	8157

    Poland
	1465081	06-12-2019	Renewal
    due 03-19-2029
	8157

    Czech
    Repubilc
	 

    1465081
	 

    12-17-2019
	Renewal
    due 03-19-2029
	8157

    Australia
	 

    1465081
	 

    01-14-2020
	Renewal
    due 03-19-2029
	8157

    New

    Zealand
	 

    1120235
	 

    06-12-2019
	Renewal
    due 03-19-2029



 



    	Exhibit B - Intellectual Property Security Agreement	Page 8 of 15	 



    	 	 	 



    

 


	TRADEMARKS
	 

    SLBG
	 

    Mark
	 

    Serial
    No.
	 

    Filed
	 

    Goods
	 

    Reg.
    No.
	 

    Issue
    Date
	Next
                                            Due

    (Window
    Opens)

	8157

    China
	 	 	 	 	 

    1465081
	 

    06-12-2019
	Renewal
    due 03-19-2029
	8157

    Israel
	 

    1465081
	 

    01-03-2021
	Renewal
    due 03-19-2029
	8157

    Japan
	 

    1465081
	 

    09-25-2020
	Renewal
    due 03-19-2029
	8157

    South

    Korea
	 

     

    Slinger,
	 

     

    1465081
	 

     

    03-19-2019
	 

     

    IC
    28: Cases for tennis balls; Racket cases; Tennis ball throwing apparatus
	 

    1465081
	 

    06-01-2020
	Renewal
    due 03-19-2029
	8157

    Switzer-

    land
	 

    Pending

	8157

    Indonesia
	 

    Pending

	8157

    Malaysia
	 

    Pending

	8157

    Viet
    Nam
	 

    1465081
	 

    05-09-2020
	Renewal
    due 03-19-2029
	8157

    Thailand
	 

    1465081
	 	 

    published

	8157

    Turkey
	 

    1465081
	 

    12-29-2020
	Renewal
    due 03-19-2029
	8157

    Singapore
	 

    1465081
	 

    11-21-2019
	Renewal
    due 03-19-2029
	8157

    India
	 

    1465081
	 

    12-11-2019
	Renewal
    due 03-19-2029
	 

    8157

    Argentina
	Slinger,	 

    3919268
	 

    07-29-2020
	IC
    28: Cases for tennis balls; Racket cases; Tennis ball throwing apparatus	 

    pending

	 

    8157

    Brazil
	Slinger,	 

    919493700
	 

    03-31-2020
	IC
    28: Cases for tennis balls; Racket cases; Tennis ball throwing apparatus	 

    919493700
	 

    11-24-2020
	 

    Renewal
    due 11-24-2030

	8633

    United
    States
	 

    SLINGER
    BAG
	 

    88179181
	 

    11-02-2018
	IC
    28: Cases for tennis balls; Racket cases; Tennis ball throwing apparatus	 

    6158818
	 

    09-22-2020
	 

    Renewal
    due 09-22-2025

	9753

    United
    States
	 

    CHANGE
    THE GAME
	 

    88745024
	 

    01-02-2020
	IC
                                            28: Cases for tennis balls; Racket cases; Tennis ball

    throwing
    apparatus
	 

    6223455
	 

    12-15-2020
	 

    Renewal
    due 12-15-2025




 



    	Exhibit B - Intellectual Property Security Agreement	Page 9 of 15	 



    	 	 	 



    

 


	TRADEMARKS
	 

    SLBG
	 

    Mark
	 

    Serial
    No.
	 

    Filed
	 

    Goods
	 

    Reg.
    No.
	 

    Issue
    Date
	Next
                                            Due (Window

    Opens)

	 

    9753

    Europe
	 	 

    1517060
	 

    01-10-2020
	IC
    28: Cases for tennis balls; Racket cases; Tennis ball throwing apparatus	 

    1517060
	 

    07-14-2020
	 

    Renewal
    due 01-10-2030

	9753

    United
    Kingdom
	 

    1517060
	 

    01-10-2020
	IC
                                            28: Cases for tennis balls; Racket cases; Tennis ball

    throwing
    apparatus
	 

    1517060
	 

    08-14-2020
	 

    Renewal
    due 01-10-2030

	9753

    Japan
	Quote
    Provided	 	 	 	 	 
	9753

    China
	Quote
    Provided	 	 	 	 	 
	 

     

    10376
	 

     

    SLINGER
    SMARTBAG
	 

     

    90/642658
	 

     

    11-25-2020
	009/Hardware
    and downloadable software for monitoring and analyzing various parameters associated with sports performance and sports play, for
    exercise and fitness training; downloadable mobile application software for monitoring and analyzing various parameters associated
    with sports performance and sports play, for exercise and fitness training; digital media, namely, downloadable audio and audiovisual
    recordings, all in the field of exercise, fitness, wellness, sports analysis and personal development; downloadable software in the
    nature of an application for use by individuals participating in physical fitness, exercise, sports, physical training, and exercise
    instruction for detecting, storing, analyzing and reporting various parameters of human energy expenditure and physical activity
    level, for developing and monitoring personal activity and sports performance, training goals and giving feedback on the achieved
    results; Portable electronic devices for monitoring and analyzing ball movement in sports; Portable electronic devices for monitoring
    and analyzing sports play, player movement and positioning, and player performance; Tracking device to be worn on the wrist of an
    athlete during sports events; Electronic devices for localing and tracking athletes using radio frequency, global positioning systems,
    and cellular communication networks; GPS tracking devices; Cameras; Sunglasses; Sport glasses
	 

    010/
    Heart rate monitors; Exercise monitors

	 

    018/
    Bags, namely, duffel bags, tote bags, travel bags, toiletry bags sold empty, and backpacks; all-purpose sports bags; umbrellas

	028/
    Cases for tennis balls; Racket cases; Tennis ball throwing apparatus; Ball throwing apparatus; Ball collection apparatus; Ball throwing
    apparatus for use with racquetsports; Cases specially adapted for sports equipment; Sport balls; Racket balls; Sport rackets; Rackets
    for tennis, badminton, racquetball, squash, pickleball, padel, soft tennis, ping pong; Sport cases; Racket cases; Racket cases for
    racquetsport rackets, namely rackets for tennis, badminton, racquetball, squash, pickleball, padel, soft tennis, ping pong; Protective
    covers for rackets; Sports grip tape; Grip tape for racquetsport rackets; Strings for racquetsport rackets
	042/

    Software
    as a service (SAAS) services featuring software for monitoring and analyzing various parameters associated with sports performance,
    sport analysis and sports play, for detecting, storing, analyzing and reporting various parameters of human energy expenditure and
    physical activity level, for developing and monitoring personal activity and sports performance, training goals and giving feedback
    on the achieved results, and for exercise and fitness training; Software as a service {SAAS) services featuring software using artificial
    intelligence for monitoring and analyzing various parameters associated with sports performance, sport analysis and sports play,
    for detecting, storing, analyzing and reporting various parameters of human energy expenditure and physical activity level, for developing
    and monitoring personal activity and sports performance, training goals and giving feedback on the achieved results, and for exercise
    and fitness training; Providing a web site featuring temporary use of non- downloadable software allowing web site users to upload
    on-line videos for sharing with others






 






    	Exhibit B - Intellectual Property Security Agreement	Page 10 of 15	 



    	 	 	 



    

 





	TRADEMARKS
	 

    SLBG
	 

    Mark
	 

    Serial
    No.
	 

    Filed
	 

    Goods
	 

    Reg.
    No.
	 

    Issue
    Date
	Next
                                            Due (Window

    Opens)

	10526	 

    SLINGER
	 

    90/342,648
	 

    11-25-2020
	 

    Same
    as 10376
	 	 	 
	 

    1873351

    Canada
	Slinger,	 

    1873351
	 

    12-15-2017
	IC
    28: Cases for tennis balls; Racket cases; Tennis ball throwing apparatus	 

    TMA1045814
	 

    07-30-2019
	 

    Renewal
    due 07-30-2029

	 

    1873354

    Canada
	 

    SLINGER
    BAG
	 

    1873354
	 

    12-15-2017
	IC
                                            28: Cases for tennis balls; Racket cases; Tennis ball

    throwing
    apparatus
	 

    TMA1059268
	 

    10-17-2019
	 

    Renewal
    due 10-17-2029



 


II.
INTERNET DOMAIN NAMES


 


	1.	Slinger.cz
	2.	Slingerbag.nl
	3.	Slinger.at
	4.	Slingerbag.be
	5.	Slingerbg.pl
	6.	Slingerbag.com.tw
	7.	Slinger.com.tw
	8.	Slinger-bag.com
	9.	Slingerbag.in
	10.	Slingerbag.co.il
	11.	Slingerbag.biz
	12.	Slingerbag.info
	13.	Slingerbag.co
	14.	Slingerbag.mx
	15.	Slingerbag.cn
	16.	Slingerbag.kr
	17.	Slinger.kr
	18.	Slingerbag.dk
	19.	Slingerbag.com
	20.	Slingerbag.asia
	21.	Slingerbag.app
	22.	Slinger-bag.co.uk
	23.	Slingerbag.online
	24.	Slingerbag.tech
	25.	Slingerbag.store
	26.	Slingerbag.shop


 




    	Exhibit B - Intellectual Property Security Agreement	Page 11 of 15	 



    	 	 	 



    

 


SCHEDULE
II


TO


INTELLECTUAL
PROPERTY SECURITY AGREEMENT


PATENTS


 


	Tennis
    Ball Launch Bag 

(Cl. 03-01)	40093/dJP/19	JP	WIP094464/970051484/JP	 	Pending
	Tennis
    Ball Launch Bag 

(Cl. 03-01)	40093/dll/19	IL	WIPO94464/970051484/IL	 	Pending
	Tennis
    Ball Launch Bag 

(Cl. 03-01)	40093/dHAP/19	HAP	WIPO94464/970051484	DM/209
    855	Granted
	Tennis
    Ball Launch Bag 

(Cl. 03-01)	40093/dEP/19	EP	WIPO94464/970051484/EP	DM/209
    855	Granted
	Tennis
    Ball Launch Bag	40093/dCN/19	CN	2020/30188313	 	Pending
	Tennis
    Ball Launch Bag

 (Cl. 03-01)	40093/dCA/19	CA	WIPO94464/970051484/CA	 	Pending
	Tennis
    Ball Launch Bag

 (Cl. 03-01)	40093/dUS/19	us	35/510,195	 	Pending
	ATELESCOPIC
    BALL RETRIEVAL DEVICE	40092/dHAP/19	HAP	970051483	 	Pending
	ATELESCOPIC
    BALL RETRIEVAL DEVICE	40092/dCA/19	CA	970051483	 	Pending
	ATELESCOPIC
    BALL RETRIEVAL DEVICE	40092/dCN/19	CN	2020/30189179.6	 	Allowed
	ATELESCOPIC
    BALL RETRIEVAL DEVICE	40092/dEP/19	EP	970051483	 	Granted


 




    	Exhibit B - Intellectual Property Security Agreement	Page 12 of 15	 



    	 	 	 



    

 


	ATELESCOPIC
    BALL RETRIEVAL DEVICE	40092/dlL/19	IL	65884	 	Granted
	ATELESCOPIC
    BALL RETRIEVAL DEVICE	40092/dJP/19	JP	970051483	 	Pending
	OSCILLATING
    TURNING DEVICE FOR TENNIS BALL LAUNCHER (Cl. 21-02)	40091/dUS/19	us	35/510,172	 	Pending
	OSCILLATING
    TURNING DEVICE FOR TENNIS BALL LAUNCHER (Cl. 21-02)	40091/dJP/19	JP	WIPO94448/970063866/JP	 	Pending
	OSCILLATING
    TURNING DEVICE FOR TENNIS BALL LAUNCHER (Cl. 21-02)	40091/dlL/19	IL	WIP094448/970063866/IL	 	Pending
	OSCILLATING
                                            TURNING DEVICE FOR TENNIS BALL LAUNCHER (Cl.

    21-02)
	40091/dHAP/19	HAP	WIP094448/970063866	DM/209
    852	Granted
	OSCILLATING
    TURNING DEVICE FOR TENNIS BALL LAUNCHER (Cl. 21-02)	40091/dEP/19	EP	WIPO94448/970063866/EP	DM/209
    852	Granted
	AHORIZONTALLY
    OSCILLATING TURNING DEVICE FOR TENNISBALL LAUNCHER	40091/dCN/19	CN	2020/30189181.3	 	Pending
	OSCILLATING
    TURNING DEVICE FOR TENNIS BALL LAUNCHER (Cl. 21-02)	40091/dCA/19	CA	WIPO94448/970063866/CA	 	Pending


 


**
“HAP” stands for “Application filed under the Hague Agreement.”


 




    	Exhibit B - Intellectual Property Security Agreement	Page 13 of 15	 



    	 	 	 



    

 


SCHEDULE
III


IQ


INTELLECTUAL
PROPERTY SECURITY AGREEMENT


 


	I.	COPYRIGHT
    REGISTRATIONS
	 	 
	II.	COPYRIGHT
    APPLICATIONS
	 	 
	III.	COPYRIGHT
    LICENSES


 


	Name
    of Agreement	 	Parties	 	Effective
    Date
	 	 	 	 	 


 


NOT
APPLICABLE


 




    	Exhibit B - Intellectual Property Security Agreement	Page 14 of 15	 



    	 	 	 



    

 


SCHEDULE
IV


TO


INTELLECTUAL
PROPERTY SECURITY AGREEMENT


 


OTHER
INTELLECTUAL PROPERTY REGISTRATIONS AND APPLICATIONS.


 


NOT APPLICABLE


 




    	Exhibit B - Intellectual Property Security Agreement	Page 15 of 15