Document:

Exhibit 10.3

 

WARRANT CONTRIBUTION AGREEMENT

 

THIS WARRANT CONTRIBUTION
AGREEMENT (this “Agreement”) is made as of this 23rd day of November, 2021, by and between Scopus BioPharma Inc.,
a Delaware corporation (the “Company”) and HCFP/Capital Partners 18B-2 LLC, a Delaware limited liability company (“HCFP”).

 

WHEREAS, in connection
with the transactions contemplated by that certain Securities Purchase Agreement (as may be amended or supplemented, the “Purchase
Agreement”), dated as of November 21, 2021, by and among the Company and the Purchasers identified therein, the Company has
deemed it appropriate for HCFP, and HCFP has agreed to, on the terms set forth herein, contribute to the Company 3,000,000 W Warrants,
of the Company issued by the Company to HCFP (“Contributed Warrants”) in exchange for the cancellation of the $1.5
million contingent promissory note, including any and all interest, (the “Note Receivable”) from HCFP.

 

NOW, THEREFORE, in
consideration for their mutual promises and intending to be legally bound, the parties agree as follows:

 

1. Contribution of Warrants in connection with
Cancellation of the Note Receivable. On the date hereof and substantially simultaneously with the closing under the Purchase Agreement,
HCFP hereby contributes to the Company, and the Company shall accept from HCFP and promptly cancel, the Contributed Warrants and the Note
Receivable, including any and all interest.

 

2. Release of Reserved Common Stock. Upon
cancellation of the Contributed Warrants, the Company shall release from its authorized share reserve 6,000,000 shares of Common Stock
of the Company which equals the number of shares of Common Stock that had been reserved for the Contributed Warrants.

 

3. No Injunction. The contribution and
cancellation of the Contributed Warrants and the cancellation of the Note Receivable shall be null and void ab initio if there
is any temporary restraining order, injunction, other legal proceeding, or event which has the effect of preventing, delaying or unwinding
the transactions contemplated by the Securities Purchase Agreement

 

4. Governing Law; Venue. This Agreement
and any dispute arising from the performance or breach hereof (whether in contract, tort or otherwise) shall be governed by and construed
and enforced in accordance with the laws of the State of New York without reference to conflicts of laws principles which would direct
the application of the laws of another jurisdiction. All claims arising out of or relating to this Agreement will be litigated exclusively
in the state and federal courts sitting in the City of New York, Borough of Manhattan, and the parties consent to personal jurisdiction
in such court.

 

5. Entire Agreement; Amendments. This Agreement
and the documents contemplated hereby represent the entire agreement among the parties hereto with respect to the subject matter hereof,
and no amendment hereto shall be effective unless in writing and signed by the party sought to be charged thereby.

 

     

     

    

 

6. Counterparts. This Agreement may be
signed in counterparts, each of which shall be deemed an original, notwithstanding variations in format or file designation which may
result from the electronic transmission, storage and printing of copies of this Agreement from separate computers or printers. Facsimile
signatures and signatures transmitted via PDF shall be treated as original signatures.

 

7. Further Actions. Each party shall execute,
acknowledge and deliver such further instruments, and do all such other acts, including by causing the parties to take any such acts,
as may be necessary or appropriate in order to carry out the expressly stated purposes and the clear intent of this Agreement (including,
without limitation, the contribution and cancellation of warrant certificates).

 

8. Benefits; Binding Effect. This Agreement
shall be for the benefit of and binding upon the parties hereto and their respective heirs, personal representatives, legal representatives,
successors and, where permitted and applicable, assigns, including, without limitation, any successor to the Company, whether by merger,
consolidation, sale of stock, sale of assets or otherwise.

 

[Signature page follows]

 

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IN WITNESS WHEREOF, the parties have caused
this Warrant Contribution Agreement to be executed by their duly authorized representatives as of the date first set forth above.

 

 

	 	SCOPUS BIOPHARMA, INC.	 
	 	 	 	 
	 	By:	/s/ Joshua Lamstein	 
	 	Name:	Joshua Lamstein	 
	 	Title:	Chainman	 

 

    Signature page to Warrant
                                            Contribution Agreement

     

    

 

IN WITNESS WHEREOF, the parties have caused
this Warrant Contribution Agreement to be executed by their duly authorized representatives as of the date first set forth above.

 

	 	HCFP/Capital Partners 18B-2 LLC	 
	 	 	 	 
	 	By:	/s/ Joshua Lamstein	 
	 	Name:	Joshua Lamstein	 
	 	Title:	Authorized Signatory	 

 

    Signature page to Warrant
                                            Contribution AgreementExhibit 10.3

 

CONTRACT

Manufacturer: Milk_shake
is imported by Distributor: Red Hot Poducts Ltd.

Mary Exeter
EX5 1FG Company No. 6831515

VAT No. 946 7201 13

Buyer: ORION BLISS CORP.

Ashdod Kalonite 9-57

Israel
7724233 Marina Konstantinova

+17027513560

Email: orionbliss123456@gmail.com

 

AGREEMENT WITH OUR SUPPLIER:

 

	8003008	MILK SHAKE SILVER SHAMPOO 1000mL
	8003009	MS SHAMPOO REFRESCANT 5LT
	8003010	MS GLISTENING SPRAY 100mL
	8003011	MS VOLUME SOLUTION VOLUMIZING SH 1 L
	8003012	MS REMOVER INSTANT 250mL
	8003013	MS PRO COLOR EQUALIZER 250mL
	8003018	MS PROTECTOR FOR COLORING 200mL
	8003019	AGE R SHAMPOO REVITALIZANT 1000mL
	8003020	AGE R COLOR REVITALIZANT 1000mL
	8003021	AGE R DD CREAM 30 mL
	8003022	AGE RATINOL TREATMENT REVITALIZANT 12 X 20M
	8003023	AGE RATINOL 500mL
	8003024	SMOOTHING CREAM 200mL
	8003025	SPRAY VOLUME 400mL
	8003026	VOLUME SPRAY 250M
	8003027	GELATIN 200mL
	8003028	GLOSS/BRILLIANT 50mL
	8003029	SILVER SHINE COND 250 mL
	8003030	SILVER SHINE COND 1000 mL
	8003031	MS INTEGRITY REBUILDER 500 mL
	8003032	MS INTEGRITY FIBER SEALANT 500 mL
	8003033	MS INTEGRITY LEAVE IN 250 mL
	8003034	AGE BENEFIT & MOISTURIZING COND 250 mL
	8003035	MS MOISTURE PLUS WHIPPED CREAM 200 mL
	8003036	MS MOISTURE PLUS SH 300 mL
	8003037	MS MOISTURE PLUS COND 250 mL
	8003038	MS CL WHIPPED CREAM COLD BRUNETTE 100 mL
	8003039	MS CL WHIPPED CREAM WARM BRUNETTE 100 mL
	8003040	MS CL WHIPPED CREAM VIOLET 100 mL
	8003041	MS CL WHIPPED CREAM COPPER 100 mL
	8003042	MS CL WHIPPED CREAM LIGHT RED 100 mL
	8003043	MS CL WHIPPED CREAM BEIGE BLOND 100 mL
	8003044	MS CL WHIPPED CREAM COLDEN BLOND 100 mL
	8003045	MS MOISTURE PLUS SH 1000 mL
	8003046	MS MOISTURE PLUS COND 1000 mL
	8003047	MS MOISTURE PLUS HYDRAT LOT 12 TUB 12 mL
	8003048	MS ACTIVE MILK MASK 250 mL
	8003049	MS ACTIVE YOGURT MASK 250 mL

  

 

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Your consent – This applies where you provide your personal
data and specifically consent to Red Hot Products Ltd. using it to provide you with a specific service, purchasing Milk_Shake
products directly from our distributor Red Hot Products Ltd. This is a legal obligation between Orion Bliss Corp. and
Red Hot Products Ltd.

 

The performance of a contract -This applies where Orion
Bliss Corp. provide Red Hot Products Ltd. with your personal data in order for us to provide you with a service (e.g. you
ask us to create a customer account for you or you wish to purchase a product and we can manage the associated logistics).

 

Our legitimate interests – This applies where you provide
Red Hot Products Ltd. with your personal data and we use it to: improve our products and services. By providing us with your personal
data, we are able to better understand your needs and expectations when it comes to the products and services we offer. This understanding
means we can improve our products and services so they match your needs. This might involve performing analytics on how you use our products,
services, and websites/apps/devices, or trying out new functions based on what we know about you. To better engage with you. Where you
provide us with your personal data, we may use it to encourage you to be more actively engaged with our products and brands and increase
your overall brand engagement and awareness.

 

One way we do this is by tailoring the marketing communications we
send you so that you receive the information most relevant to you. Where you provide us with your personal data, it means we can action
any payment you make when you purchase any of our products and/or services, and importantly, check that your payment is free from fraud.
To secure our tools: We may use your personal data to keep our tools (websites//devices) safe and secure. This involves making sure our
tools are working properly, and that your personal data is kept secure.

 

To comply with a legal obligation – This is where you
provide Red Hot Products Ltd. with your personal data we need to keep for our legal reasons (e.g. when you make a purchase we need
to keep your transaction information to comply with our tax and financial reporting obligations).

 

To protect the vital interests of an individual – This
is where we use your personal data to protect you (or someone else) where there is evidence of danger to your (or someone else’s)
health and/or safety.

 

The table below sets out which legal basis we rely on when processing
your personal data for each context. When we collect personal data, we will indicate which types of personal data are mandatory via asterisks.
Some of the personal data we request from you are either necessary for us to – perform our contract with you (e.g. to deliver the
goods you have purchased on our websites/apps); Provide you with a service you have asked for (e.g. to provide you with a newsletter).
Comply with legal requirements (e.g. invoicing). If you do not provide the personal data marked with an asterisk, this may affect the
goods and services that we can provide.

 

Automated Decision Making

Automated decision- making means the ability to make decisions using
technology, without human involvement. We may use automated decision making in the following circumstances:

 

For the purposes of securing transactions
placed through our websites/ against fraud. We may use a third party provider’s solution to protect against fraud. The method
of fraud detection is based on a number of different data prediction and data intelligence techniques that may change over time, to
keep up with technological advancement. These may include, for example, data comparison or association, or detecting unusual data
patterns. This fraud detection process may be completely automated or may involve some human intervention where the final decision
is taken by a person. As a result of automatic fraud detection, you may experience a delay in the processing of your order/request
whilst we review your transaction. You may be limited or excluded from using a service if a risk of fraud is identified. You have
the right to access the information on which we base our decision.

 

Profiling

This means automatically processing personal data to evaluate certain
personal aspects about an individual, in particular to predict aspects concerning performance at work, economic situation, health, personal
preferences, interests, reliability, behavior, location or movements.

 

 

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When we send or display communications or content, we may use some
profiling techniques. This means that we may collect personal data about you in the different scenarios mentioned in the table above,
and use this data to evaluate, or predict your personal preferences, interests, behavior and/or location. Based on our analysis, we then
send or display communications and/or content specifically tailored to your interests and needs. You may have the right to object at any
time to the use of your personal data for “profiling”. Please see “Your Rights and Choices” section below.

 

Third parties that assist and help us in providing digital and e- commerce
services such as social listening, store locator, loyalty programs, identity management, ratings and reviews, CRM, web analytics and search
engine, user generated content tools;

 

Advertising, marketing, digital and social media agencies to help us
to deliver advertising, marketing, and campaigns, to their effectiveness, and to manage your contact and questions;

 

Third parties require to deliver a product to you e.g. postal/delivery
services; Third parties that assist and help us in providing IT services, such as platform providers, hosting services, maintenance and
support on our databases as well as on our software and applications; Payment service providers and credit reference agencies for the
purpose of assessing your credit score and verifying your details where this is a condition of entering into a contract with you; Third
parties that assist us for customer care and customer vigilance purposes. The legal basis for this sharing is our legitimate interests
– (i) to improve our products and services; (ii) better engage with you; (iii) prevent fraud; (iv) secure our tools and design
new features; (v) manage your orders; and (vi) use appropriate suppliers

 

Right of access –to request access to your personal information
and information about how we process it

 

Right to rectification –to have your personal information corrected
if it is inaccurate and to have incomplete personal information completed Right to erasure (also known as the Right to be Forgotten) –
to have your personal information erased.

 

Contact our customer services info@milkshakehaircare.co.uk.

 

Right to restriction of processing – to restrict processing of
your personal information;

 

Right to data portability – to electronically move, copy or transfer
your personal information in a standard form Right to object – to object to processing of your personal information.

 

Rights with regards to automated individual decision making, including
profiling – rights relating to automated decision making, including profiling

 

If you have any general questions about your rights
or want to exercise your rights please contact info@milkshakehaircare.co.uk You have the right to lodge a complaint with a data protection
regulator in Europe, in particular in a country you work or live or where your legal rights have been infringed. The contact details for
the Information Commissioner’s Office (ICO), the data protection regulator in the UK, are available on the ICO website www.ico.org.uk
where your personal information has or is being used in a way that you believe does not comply with data, however, we encourage you to
contact us before making any complaint and we will seek to resolve any issues or concerns you may have.

 

Contact

If you have any questions or concerns about how we treat and use your
personal data, or would like to exercise any of your rights above, please contact us at info@red-hotproducts.com

 

Signed by both parties:

 

 

Orion Bliss Corp.

 

/s/ Marina Konstantinova

Marina
Konstantinova (president)

 

 

Red Hot Products
Ltd.

 

/s/
Rick Holdelm 

Rick Holdelm (account manager)

 

 

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