Document:

Exhibit 10.15

 

 

COMMERCIAL PROPERTY LEASE

 

THIS LEASE is
entered into on this 19 day January, 2012, between AARDVARK ONE LLC called Lessor, and FS CONSUMER PRODUCTS GROUP, INC. hereinafter
referred to as Lessee herein.

WITNESSETH:

 

1.                 
PREMISES: For and in consideration of the agreements and covenants herein contained, Lessor leases to Lessee that
space and premises in Dade County, Florida located at 6135 NW 167th Street, Unit E-21, Miami, Florida 33015, more particularly
described as:

 

Unit E-21 of COMMERCIAL CENTER
OF MIAMI #3, a condominium according to the declaration thereof recorded in O.R. Book 11441, Page 1827, of the public records of
Dade County, Florida, as amended and/or supplemented from time to time.

 

2.                 
TERM: The term of this lease is 24 months beginning February 1, 2012 and ending on January 31, 2014 at midnight;
unless extended by further written agreement signed by the parties hereto.

 

3.                 
USE AND OCCUPANCY: The premises are to be occupied and used by Lessee as offices and warehouse showroom usage and
for no other purposes without first obtaining the consent of Lessor in writing. But such consent shall not be unreasonably withheld.
Lessee may not use the premises for any illegal purpose and must abide by all governmental restrictions and regulations concerning
use of the premises.

 

4.                 
RENT: Lessee shall pay the following monthly rent to the Lessor: $1,950.00 plus all applicable Florida Sales and
Use Taxes. Each monthly rent installment shall be due and payable no later than the first day of each calendar month of the lease
term. Rent not received by the fifth (5th) of the month will be assessed a 5% late penalty. Rent payments shall be made to the
Lessor at:

 

	
        AARDVARK ONE LLC 

% Ricardo Aiken

        6157 NW 167th Street, F22 

Miami, FL 33015

 

or at such other place Lessor may designate by notice to Lessee
in writing.

 

5.                 
SECURITY AND ADVANCE RENT: On execution of this lease, Lessee shall pay to Lessor the first month's rent installment
plus a deposit of $3,900.00 as security for Lessee's performance under this lease. Lessor is not to keep security deposit segregated
nor to pay interest on same. The security deposit is not to be construed as liquidated or agreed to damages in event of Lessees'
default under this lease. Lessee may cancel this lease to move to larger space after 14 months by forfeiting the security deposit.

 

6.               
DEFAULT IN RENT PAYMENT: Failure of Lessee to pay a rent installment within ten (10) days of due date shall be considered
a default of Lessee's obligations under this lease, and the Lessor then reserves the right to terminate this lease without notice
to Lessee.

 

    	 

    	 

    

 

7.                 
ASSIGNMENT AND SUBLEASE: Lessee shall not assign its interest in this lease or sublet the premises or any part thereof
without first obtaining the consent of Lessor in writing. Upon such assignment or sublease, original Lessee shall not be released
from its obligations under this lease. One consent by Lessor shall not be construed as consent to subsequent assignment, sublease
or occupancy by other persons. Lessee's unauthorized assignment, sublease or license to occupy shall be void, and shall terminate
this lease at Lessor's option.

 

8.                 
OTHER ASSIGNMENT: Lessee's interest in this lease is not assignable by bankruptcy or by any operation of law. Appointment
of a receiver to take possession of Lessee's assets (except a receiver appointed at Lessor's request) or Lessee's general assignment
for benefit of creditors is a breach of this lease; and upon such breach, this lease may be terminated at Lessor's option.

 

9.                 
ALTERATIONS AND IMPROVEMENTS: Lessee shall not make any structural alterations or improvements to the building in
which the demised premises are located without first obtaining the consent of Lessor in writing.

 

10.             
LIENS: Lessee shall cause no mechanics' or other liens for improvements to attach to the premises encumbering the
Lessor's interest in the premises encumbering the Lessor's interest in the premises. In event such attach, Lessee must cause their
removal within 30 days of attachment; and, if Lessee fails to cause removal within such time, Lessor at its option, may cause removal
by placing a bond or otherwise paying the amount of such liens charging Lessee for the amounts disbursed as additional rent to
be immediately due and owing.

 

11.             
FIXTURES AND OTHER PROPERTY: Provided Lessee is not otherwise in default under this lease, all furniture, equipment
and other personal property (not including fixtures) placed on the premises by Lessee, or which belong to Lessee, may be removed
by Lessee at any time and at the termination of this lease provided Lessee is not in default under this lease. To the extent permitted
by law, Lessee may place its signs (which are construed as personal property) on the outer portion of the demised premises.

 

12.             
EXPENSES: Lessor shall pay for water, sewer and office refuse collection services to the demised premises and major
A/C repairs. Lessee shall, at its own expense, pay for all other utility services furnished to the demised premises including,
without limitation, electricity, gas and heat. Lessee shall further be responsible for all repairs and maintenance to the premises
keeping same in good repair at its cost and expense. Lessee is given the right to inspect the premises prior to occupancy, and
upon occupancy accepts the premises as in suitable condition for Lessee's intended use. Lessor will provide the air conditioner
in good working order. Lessee will be responsible for all maintenance and repairs including windows and doors and A/C from possession.

 

13.             
DAMAGE BY FIRE OR OTHER CAUSES: The Lessee at its cost, shall keep any plate glass on the premises insured, and such
policy of insurance shall include the Lessor as one of the insured and fully protect both Lessor and Lessee as their respective
interest may appear. True copy of the policy shall be delivered to Lessor along with receipted bill showing the premium as paid.

 

    	2

    	 

    

 

14.             
PERSONAL PROPERTY: The Lessee assumes the risk of all damages to its personal property and to merchandise in the
demised premises and may maintain insurance covering damage to same. The Lessee being responsible for repairs and maintenance to
the demised premises during the term of this lease, the Lessor shall not be responsible for damage to Lessee's personal property
which may be caused by faulty maintenance of the demised premises.

 

15.             
LIABILITY INSURANCE: Lessee shall maintain, at its own expense, public liability insurance adequate to protect against
liability for damage claims through public use of or arising out of accidents occurring in or around the premises, in a minimum
amount of $300,000.00 for each person injured, $500,000.00 for any one accident, and $50,000.00 for property damage such policies
shall cover Lessor's contingent liability on such claims or losses. True copies of policies shall be delivered to Lessor along
with the receipted bill evidencing that premiums have been paid. Lessee shall obtain written obligation of insures to notify Lessor
in writing at least 30 days prior to cancellation on or refusal to renew the policy.

 

16.             
PAYMENT OF INSURANCE: If any insurance policies required of Lessee are not kept in force, Lessor may procure the
necessary insurance, pay the premium, and such premium shall be charged to Lessee as an additional rent installment for the month
following the date on which such premiums are paid by Lessor.

 

17.             
EMINENT DOMAIN: In event the premises or any part thereof is taken or condemned for public purpose by proper authorities,
then the Lessee shall not have any claim, or right to claim or be entitled to any portion of the amount that may be awarded as
damages or paid as a result of such proceedings in eminent domain; and shall rights to damages if any, of the Lessee are hereby
assigned to Lessor.

 

18.             
DEFAULT OTHER THAN FOR RENT: Except for default for non-payment of rent, if the Lessee defaults in any other provision
of this lease to be performed by Lessee, the Lessor must give Lessee 30 days notice in writing of such default, and Lessee shall
have 30 days thereafter to cure such default. If Lessee fails to affect such cure within said 30 days, or provide, within said
30 days for such cure to be effective within a reasonable time, then the Lessor may, at Lessor's option, terminate this lease without
further notice.

 

19.             
RETURN OF POSSESSION: On termination of this lease, Lessee shall return possession of the premises to Lessor in the
same condition as received, reasonable wear and tear accepted.

 

20.             
QUITE ENJOYMENT: Lessor represents that no known building or zoning regulations prevent or prohibit the use of the
premises by lessee as agreed herein; and, provided Lessee abides by its agreements and covenants herein contained, Lessor grants
Lessee quite enjoyment of the premises during the lease term.

 

21.             
OPTION TO RENEW: Lessor grants Lessee an option to extend the term of this lease for an additional term of one year
with a 5 percent ( 5 %) increase., under the same terms, conditions stated in this lease. The Lessee must exercise this option
by giving written notice to Lessor of Lessee's intent to exercise sixty days before expiration.

 

    	3

    	 

    

 

22.                
NOTICE: All notices required to be given to Lessee shall be given by hand to Lessee or by mail addressed to Lessee
at the demised premises. All notices required to be given to Lessor shall be by hand to Lessor or by mail addressed to Lessor at
the place designated herein for payment of rent.

 

IN WITNESS WHEREOF,
this lease is executed in Dade County, Florida, on the date first written or as otherwise indicated herein.

 

	Witness:	 	LESSOR
	 	 	 
	 	 	 
	/s/ Carl E. Franklin	 	/s/ Ricardo Aiken
	Print Name	 	Agent
	 	 	 
	 	 	 
	Witness:	 	LESSEE
	 	 	 
	 	 	 
	/s/ Aitan Zacharin	 	/s/ Brian Tuffin
	Print Name	 	CEO

 

    	4

    	 

    

 

ADDENDUM TO COMMERCIAL LEASE

BY AND BETWEEN AARDVARK ONE LLC

and FS CONSUMER PRODUCTS, INC

 

1. In the event
that condominium association consent is required, this Lease is subject to Lessee obtaining same. If consent is required,
Lessee shall apply to the condominium association within three (3) working days from the execution of this Lease to obtain
their consent.

 

2.
n the event the condominium association has or adopts regulations which would require Lessee to execute an addendum to
this Lease on a form required by the condominium association or place a security deposit with the condominium association, Lessee
shall comply with said regulations within the time periods specified by the condominium association.

 

3. Lessee
shall abide by and comply with all rules and regulations of the condominium association.

 

4. Lessor shall not
be liable or responsible for any damages or loss either to personal property sustained by Lessee or by other persons due to
the act or negligence of any Lessee or occupant of the premises.

 

5. Lessee shall
indemnify and save Lessor harmless from and against any and all claims, demands, suits, actions damages, liability and
expenses, including attorney's fees for or in connection with any accident, injury or damage whatsoever caused to any person
or property arising, directly or indirectly, out of the Lessee's tenancy hereunder, or occurring in, or on or about the
premises, or any part thereof, arising, directly or indirectly, from any act or omission of Lessee, its agents, contractors,
employees, servants, invitees, licensees, or subtenants, acts of God or otherwise. Lessee shall, within five (5) days hereof,
give notice in writing to Lessor of any fall or any other accident occurring in or around the premises.

 

6. Lessor
or any of Lessor's agents or designates shall have the right to enter on the premises, with twenty-four (24) hours notice,
for reasonable business purposes and in emergencies, at all times to examine or inspect the same or to make any repairs or
preservation of the premises, to exhibit the premises, or any other lawful reason.

 

7. It
is mutually agreed by and between Lessor and Lessee that the respective parties hereto waive trial by jury in any action or
proceeding brought by either party against the other party pertaining to any matter whatsoever arising out of or in any way
connected with this Lease or Lessee's occupancy of the premises.

 

8. Lessee
shall clean and maintain the premises and keep the premises in good, neat and sightly condition.

 

9. Lessee
shall not make any alterations or changes in the premises without written consent of the Lessor.

 

10. Lessee
shall obtain, at its expense, exterminating services for the premises at its sole cost and expense and at such
reasonable intervals as Lessor shall approve.

 

    	5

    	 

    

 

11. If Lessee shall
abandon or vacate the premises and shall cease doing business in the premises, then, at the option of Lessor, this Lease
shall immediately terminate.

 

12. At the
expiration of the term hereof, Lessee shall quietly and peacefully deliver the premises to Lessor in the same repair and
condition at which they were after Lessor finished the construction of the offices provided for in the Lease, ordinary wear
and tear accepted.

 

13. Lessee shall
change air conditioning filters and maintain the air conditioning unit as reasonably requested by Lessor.

 

14. In the event
any action is brought for the recovery of rents or recovery of possession of the premises or for the enforcement of any terms
and conditions of this Lease, the prevailing party shall be entitled to receive from the other party all costs of
proceedings, including reasonable attorney's fees and court costs in the initial proceedings or any appeal therefrom.

 

15. Notices and any
other communications hereunder shall be in writing, shall be delivered personally or sent by air courier or first class,
certified or registered mail, return receipt requested, and postage prepaid, addressed as follows:

 

	LESSOR:	AARDVARK ONE LLC
	 	% RICARDO AIKEN
	 	6157 NW 167th Street, F22
	 	Miami, Florida  33015
	 	 
	LESSEE:	FS CONSUMER PRODUCTS, INC.
	 	6135 NW 167th Street, E21
	 	Miami, Florida  33015

 

All notices and other communications given
to any party hereto in accordance with the provisions of this Lease shall be deemed to have been given on the date of delivery;
if personally delivered on the business day after the date and if sent by air courier, on the third business day after the day
when sent, if sent by mail. In each case addressed to such party as provided in this section or in accordance with the latest un-revoked
directions from such party.

 

16. This
Lease shall be governed by the laws of the State of Florida.

 

17. Nothing in this
Lease shall be construed to create the relationship of principal and agent, partnership, joint venture or any other
relationship between the parties hereto other than the relationship of Lessor and Lessee.

 

18. Wherever
the context shall require all words herein in the masculine gender shall be deemed to include the feminine or neuter gender.
All singular words shall include the plural and all the plural words shall include the singular.

 

    	6

    	 

    

 

IN WITNESS
WHEREOF this Addendum has been duly executed by the parties this 20 day of January, 2012.

 

Signed, sealed and delivered.

 

	in the presence of:	 	LESSOR:
	 	 	 
	 	 	 
	/s/ Carl E. Franklin	 	/s/ Ricardo Aiken
	 	 	Agent
	 	 	 
	 	 	LESSEE:
	 	 	 
	 	 	 
	Witness: /s/ Aitan Zacharin	 	BY: /s/ Brian Tuffin
	 	 	CEO

 

 

 

 

 

PERSONAL GUARANTEE

 

I the undersigned personally guarantee
all the covenants of Lessee under this lease or any continuation of this lease contract or operation of law, including but not
limited to the faithful and timely payment of rent. Said Guarantor agrees to pay or fulfill the obligations of the Lessee either
upon Lessee's default or failure to pay, or inability to fulfill its obligations. The right of the Lessor to recover on this guarantee
against the Guarantor is addition to any other remedy available to the Lessor. This Guarantee shall be liberally construed in favor
of the Lessor.

 

	 	 	 
	WITNESS	 	 

 

 

    	7Exhibit 10.16

 

 

THIS WARRANT AND THE SHARES OF COMMON
STOCK ISSUABLE UPON EXERCISE OF THIS WARRANT (THE “SECURITIES”) HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
1933 (THE “SECURITIES ACT”) OR UNDER ANY STATE SECURITIES LAWS (“BLUE SKY LAWS”). NO TRANSFER, SALE, ASSIGNMENT,
PLEDGE, HYPOTHECATION OR OTHER DISPOSITION OF THE SECURITIES OR ANY INTEREST THEREIN MAY BE MADE EXCEPT (A) PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND ANY APPLICABLE BLUE SKY LAWS OR (B) IF THE COMPANY HAS BEEN FURNISHED
WITH AN OPINION OF COUNSEL FOR THE HOLDER, WHICH OPINION AND COUNSEL WILL BE REASONABLY SATISFACTORY TO THE COMPANY, TO THE EFFECT
THAT NO REGISTRATION IS REQUIRED BECAUSE OF THE AVAILABILITY OF AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT AND APPLICABLE
BLUE SKY LAWS.

ADVISORY WARRANT

 

To Purchase ___________ Shares of Common
Stock

of

DOUBLE EAGLE HOLDINGS, LTD.

 

EXERCISABLE ON OR BEFORE, AND VOID AFTER

5:00 P.M. EASTERN TIME ON AUGUST 1, 2016

 

THIS CERTIFIES THAT,
for good and valuable consideration, National Securities Corporation (“Holder”), or its registered assigns,
is entitled to subscribe for and purchase from DOUBLE EAGLE HOLDINGS, LTD., a Nevada corporation (the “Company”),
at any time after August 2, 2011, to and including August 1, 2016, __________________________ (__________) fully paid and non-assessable
shares of the Common Stock of the Company (“Shares”) at the price of $0.20 per Share (the “Warrant
Exercise Price”), subject to the anti-dilution provisions of this Warrant.

 

The Shares that may
be acquired upon exercise of this Warrant are sometimes referred to herein as the “Warrant Shares.” As used
herein, the term “Holder” includes any party who acquires all or a part of this Warrant as a registered transferee
of Holder, or any record holder or holders of the Warrant Shares issued upon exercise, whether in whole or in part, of the Warrant.
The term “Shares” means the common stock, par value $0.001 per share, of the Company, and will also include
any capital stock of any class of the Company hereafter authorized which will not be limited to a fixed sum or percentage in respect
of the rights of the holders thereof to participate in dividends or in the distribution of assets upon the voluntary or involuntary
liquidation, dissolution, or winding up of the Company. The term “Convertible Securities” means any stock or
other securities convertible into, or exchangeable for, Shares.

 

    	

    	 

    
 

This Warrant is subject
to the following provisions, terms and conditions:

 

1. Exercise;
Transferability.

 

(a)The rights represented
by this Warrant may be exercised by the Holder hereof, in whole or in part (but not as to a fractional Share), by written notice
of exercise (in the form attached hereto) delivered to the Company at the principal office of the Company prior to the expiration
of this Warrant and accompanied or preceded by the surrender of this Warrant along with a check in payment of the Warrant Exercise
Price for such shares.

 

(b)Notwithstanding
anything contained herein to the contrary contained herein then the Holder may, in its sole discretion, exercise this Warrant in
whole or in part and, in lieu of making the cash payment otherwise contemplated to be made to the Company upon such exercise in
payment of the Warrant Exercise Price, elect instead to receive upon such exercise the “Net Number” of Shares
determined according to the following formula (a “Cashless Exercise”):

 

Net Number = (A
x B) - (A x C)

      B

 

For purposes of the
foregoing formula:

 

A= the total number of Shares with
respect to which this Warrant is then being exercised.

 

B= as applicable: (i) the closing
sale price of the Shares on the Trading Day immediately preceding the date of the applicable exercise notice if such exercise notice
is (1) both executed and delivered pursuant to Section 1(a) hereof on a day that is not a Trading Day or (2) both executed
and delivered pursuant to Section 1(a) hereof on a Trading Day prior to the opening of “regular trading hours”
(as defined in Rule 600(b)(64) of Regulation NMS promulgated under the federal securities laws) on such Trading Day, (ii) the bid
price of the Shares as of the time of the Holder’s execution of the applicable exercise notice if such exercise notice is
executed during regular trading hours on a Trading Day and is delivered within two (2) hours thereafter pursuant to Section
1(a) hereof or (iii) the closing sale price of the Shares on the date of the applicable Exercise Notice if the date of such
Exercise Notice is a Trading Day and such Exercise Notice is both executed and delivered pursuant to Section 1(a) hereof
after the close of “regular trading hours” on such Trading Day.

 

C= the
Exercise Price then in effect for the applicable Shares at the time of such exercise.

 

“Trading
Day” shall mean a day on which the New York Stock Exchange is open for trades.

 

2. Exchange and
Replacement. Subject to Sections 1 and 7 hereof, this Warrant is exchangeable upon the surrender hereof
by the Holder to the Company at its office for new Warrants of like tenor and date representing in the aggregate the right to
purchase the number of Warrant Shares purchasable hereunder, each of such new Warrants to represent the right to purchase such
number of Warrant Shares (not to exceed the aggregate total number purchasable hereunder) as will be designated by the Holder
at the time of such surrender. Upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction,
or mutilation of this Warrant, and, in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to
it, and upon surrender and cancellation of this Warrant, if mutilated, the Company will make and deliver a new Warrant of like
tenor, in lieu of this Warrant. This Warrant will be promptly canceled by the Company upon the surrender hereof in connection
with any exchange or replacement. The Company will pay all expenses, taxes (other than stock transfer taxes), and other charges
payable in connection with the preparation, execution, and delivery of Warrants pursuant to this Section 2.

 

    	2

    	 

    

 

3. Issuance
of the Warrant Shares.

 

(a)The Company
agrees that the Warrant Shares purchased upon exercise of this Warrant will be and are deemed to be issued to the Holder as of
the close of business on the date on which this Warrant will have been surrendered and the payment made for such Warrant Shares
as aforesaid. Subject to the provisions of paragraph (b) of this Section 3, certificates for the Warrant Shares so
purchased will be delivered to the Holder within a reasonable time, not exceeding fifteen (15) days after the rights represented
by this Warrant will have been so exercised, and, unless this Warrant has expired, a new Warrant representing the right to purchase
the number of Warrant Shares, if any, with respect to which this Warrant will not then have been exercised will also be delivered
to the Holder within such time.

 

(b)Notwithstanding
the foregoing, however, the Company will not be required to deliver any certificate for Warrant Shares upon exercise of this Warrant
except in accordance with registration under or exemptions from the applicable securities registration requirements under the Securities
Act or applicable Blue Sky Laws. Nothing herein, however, will obligate the Company to effect registrations under the Securities
Act or applicable Blue Sky Laws. The Holder agrees to execute such documents and make such representations, warranties, and agreements
as may be required solely to comply with the exemptions relied upon by the Company for the issuance of the Warrant Shares.

 

4. Covenants of the
Company. The Company covenants and agrees that all Warrant Shares will, upon issuance, be duly authorized and issued,
fully paid, non-assessable and free from all taxes, liens and charges with respect to the issue thereof. The Company further
covenants and agrees that during the period within which the rights represented by this Warrant may be exercised, the Company
will at all times have authorized and reserved for the purpose of issue or transfer upon exercise of the subscription rights
evidenced by this Warrant a sufficient number of Shares to provide for the exercise of the rights represented by this
Warrant.

  

5. Anti-Dilution Adjustments. The provisions of
this Warrant are subject to adjustment as provided in this Section 5.

 

(a)The Warrant
Exercise Price will be adjusted from time to time such that in case the Company will hereafter:

 

    	3

    	 

    
 

(i)pay
any dividends on any class of stock of the Company payable in Shares or Convertible Securities;

 

(ii)subdivide
its then outstanding Shares into a greater number of Shares; or

 

(iii)combine
outstanding Shares by reclassification or otherwise;

 

then, in any such event, the Warrant Exercise
Price in effect immediately prior to such event will (until adjusted again pursuant hereto) be adjusted immediately after such
event to a price (calculated to the nearest full cent) determined by dividing (A) the number of Shares outstanding immediately
prior to such event, multiplied by the then existing Warrant Exercise Price, by (B) the total number of Shares outstanding
immediately after such event (including in each case the maximum number of Shares issuable in respect of any Convertible Securities),
and the resulting quotient will be the adjusted Warrant Exercise Price per share. An adjustment made pursuant to this Section
5 will become effective immediately after the record date in the case of a dividend or distribution and will become effective
immediately after the effective date in the case of a subdivision, combination or reclassification. If, as a result of an adjustment
made pursuant to this Section 5, the Holder of any Warrant thereafter surrendered for exercise will become entitled to receive
shares of two or more classes of capital stock and other capital stock of the Company, the Board of Directors (whose determination
will be conclusive) will determine the allocation of the adjusted Warrant Exercise Price between or among shares of such classes
of capital stock. All calculations under this Section 5(a) will be made to the nearest cent or to the nearest 1/100 of a
share, as the case may be. In the event that at any time as a result of an adjustment made pursuant to this Section 5(a),
the holder of any Warrant thereafter surrendered for exercise will become entitled to receive any shares of capital stock of the
Company other than Shares, thereafter the Warrant Exercise Price of such other shares so receivable upon exercise of any Warrant
will be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions
with respect to Shares contained in this Section 5.

 

(b)Upon each
adjustment of the Warrant Exercise Price pursuant to Section 5(a), the Holder of each Warrant will thereafter (until
another such adjustment) be entitled to purchase at the adjusted Warrant Exercise Price the number of shares, calculated to the
nearest full share, obtained by multiplying the number of shares specified in such Warrant (as adjusted as a result of all adjustments
in the Warrant Exercise Price in effect prior to such adjustment) by the Warrant Exercise Price in effect prior to such adjustment
and dividing the product so obtained by the adjusted Warrant Exercise Price.

 

(c)In case
of any consolidation or merger to which the Company is a party other than a merger or consolidation in which the Company is the
continuing corporation, or in case of any sale or conveyance to another corporation of the property of the Company as an entirety
or substantially as an entirety, or in the case of any statutory exchange of securities with another corporation (including any
exchange effected in connection with a merger of a third corporation into the Company), there will be no adjustment under Section 5(a)
above but the Holder of each Warrant then outstanding will have the right thereafter to convert such Warrant into the kind and
amount of shares of capital stock and other securities and property which he would have owned or have been entitled to receive
immediately after such consolidation, merger, statutory exchange, sale, or conveyance had such Warrant been converted immediately
prior to the effective date of such consolidation, merger, statutory exchange, sale, or conveyance and in any such case, if necessary,
appropriate adjustment will be made in the application of the provisions set forth in this Section 5 with respect to the
rights and interests thereafter of any Holders of the Warrant, to the end that the provisions set forth in this Section 5
will thereafter correspondingly be made applicable, as nearly as may reasonably be, in relation to any shares of stock and other
securities and property thereafter deliverable on the exercise of the Warrant. The provisions of this Section 5(c) will
similarly apply to successive consolidations, mergers, statutory exchanges, sales or conveyances.

 

 

    	4

    	 

    

 

(d)Upon any
adjustment of the Warrant Exercise Price, then and in each such case, the Company will give written notice thereof, by First-class
mail, postage prepaid, addressed to the Holder as shown on the books of the Company, which notice will state the Warrant Exercise
Price resulting from such adjustment and the increase or decrease, if any, in the number of Shares purchasable at such price upon
the exercise of this Warrant, setting forth in reasonable detail the method of calculation and the facts upon which such calculation
is based.

 

6. No Voting
Rights. This Warrant will not entitle the Holder to any voting rights or other rights as a shareholder of the Company.

 

7. Notice of
Transfer of Warrant or Resale of the Warrant Shares. The Holder, by acceptance hereof, agrees to give written notice to
the Company before transferring this Warrant or transferring any Warrant Shares of such Holder’s intention to do so, describing
briefly the manner of any proposed transfer. Holder shall also furnish the Company with an opinion of counsel reasonably acceptable
to it to the effect that promptly upon receiving such written notice, the Company will present copies thereof to counsel to the
original purchaser of this Warrant. The proposed transfer may be effected without registration under the Securities Act or applicable
Blue Sky Laws. The prospective transferee or purchaser will also execute such documents and make such representations, warranties,
and agreements as may be required solely to comply with the exemptions relied upon by the Company for the transfer or disposition
of the Warrant or Warrant Shares.

 

8. Fractional
Shares. Fractional shares will not be issued upon the exercise of this Warrant, but in any case where the holder would,
except for the provisions of this Section, be entitled under the terms hereof to receive a fractional share, the number of Shares
will be rounded up to the nearest whole Share.

 

9. Governing Law. This Warrant shall be governed
by the laws of the State of Nevada.

 

  

 

 

(Continued on following page)

 

    	5

    	 

    

 

IN WITNESS WHEREOF,
the Company has caused this Warrant to be signed by its duly authorized officer and this Warrant to be dated as of August 2, 2011.

 

DOUBLE EAGLE HOLDINGS, LTD.

 

By: /s/ Brian Tuffin                        

Name: Brian Tuffin

Title: President

 

    	6

    	 

    

 

SUBSCRIPTION FORM

(To be signed upon exercise of Warrant)

 

The undersigned, the
holder of the within Warrant, hereby irrevocably elects to exercise the purchase right represented by such Warrant for, and to
purchase thereunder, ____________ _________________ of the shares of Common Stock of Double Eagle Holdings, Ltd. to which such
Warrant relates and herewith makes payment of $__________________ therefore in cash or by certified check and requests that the
certificate for such shares be issued in the name of, and be delivered to, ______________________, the address for which is set
forth below the signature of the undersigned.

 

Dated: __________________

 

____________________________________

(Signature)

 

____________________________________

(Name)

 

____________________________________

(Address)

 

____________________________________

Social Security or Tax Ident.
No.

 

 

    	7

    	 

    
 

ASSIGNMENT FORM

(To be signed upon authorized transfer
of Warrant)

 

FOR VALUE RECEIVED,
the undersigned hereby sells, assigns, and transfers unto ______________________________ the right to purchase ____________ shares
of Common Stock of Double Eagle Holdings, Ltd. to which the within Warrant relates and appoints ___________________ attorney, to
transfer said right on the books of ________________ with full power of substitution in the premises.

 

Dated: __________________

 

____________________________________

(Signature)

 

____________________________________

(Name)

 

____________________________________

(Address)

 

____________________________________

Social Security or Tax Ident.
No.

 

    	8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00202-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00202-of-00352.parquet"}]]