Document:

Exhibit 10.1

 

NEITHER THE ISSUANCE AND SALE OF THE SECURITIES
REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED
(I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR (B)
AN OPINION OF COUNSEL, REASONABLY ACCEPTABLE TO THE ISSUER, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD PURSUANT
TO RULE 144 OR RULE 144A UNDER SAID ACT. THE PRINCIPAL AMOUNT REPRESENTED BY THIS NOTE AND, ACCORDINGLY, THE SECURITIES ISSUABLE UPON
CONVERSION HEREOF MAY BE LESS THAN THE AMOUNTS SET FORTH ON THE FACE HEREOF DUE TO PARTIAL PAYMENT OF PRINCIPAL DUE HEREUNDER.

 

Singularity
Future Technology Ltd.

 

Amended
and Restated Senior Convertible Note

 

	Original Issuance Date:  December__ , 2021	Principal Amount: U.S. $ __
	Reissuance Date:  March __, 2022	 

 

FOR VALUE RECEIVED, Singularity Future Technology Ltd., a Virginia
corporation (the “Company”), hereby promises to pay to _______ or registered assigns (the “Holder”)
the amount set out above as the Principal Amount (as reduced pursuant to the terms hereof pursuant to redemption, conversion or otherwise,
the “Principal”) when due, whether upon the Maturity Date (as defined below), acceleration, redemption or otherwise
(in each case in accordance with the terms hereof) and to pay interest (“Interest”) on any outstanding Principal at
the applicable Interest Rate from the date set out above as the Original Issuance Date (the “Issuance Date”) until
the same becomes due and payable, whether on the Maturity Date, acceleration, conversion, redemption or otherwise (in each case in accordance
with the terms hereof). This Amended and Restated Senior Convertible Note replaces and supersedes in its entirety that certain Senior
Convertible Note executed by the Company dated December 19, 2021 (the “Original Note”). This Amended and Restated Senior Convertible
Note (including all Amended and Restated Senior Convertible Notes issued in exchange, transfer or replacement hereof, this “Note”)
is one of an issue of Amended and Restated Senior Convertible Notes issued on the Reissuance Date referenced above (collectively, the
“Notes” and such other Senior Convertible Notes, the “Other Notes”). Certain capitalized terms used
herein are defined in Section 24.

 

(1) PAYMENTS
OF PRINCIPAL AND INTEREST. The “Maturity Date” of this Note shall be December __ , 2023. Any remaining Principal
and Interest shall be paid on the Maturity Date. The Company may prepay any portion of the outstanding Principal, accrued and unpaid Interest,
if any; provided, however, that any such payments will be made pro rata among all Holders of the Notes. There will be no penalty for early
payments. The Company shall have the option at each payment date (including in the event of early payments) to make such payment of Principal
and Interest in (a) cash, (b) Shares at the Conversion Price or (c) a combination of cash or Shares at the Conversion Price. The number
of Shares of Common Stock payable hereunder if paid at the Conversion Price shall be calculated pursuant to Section 3(b) hereof. The Company
shall not issue any fraction of a share. If an issuance would result in the issuance of a fraction of a Share, the Company shall pay such
fractional amount in cash.

 

     

     

    

 

(2) INTEREST;
INTEREST RATE. Interest on this Note shall commence accruing on the Issuance Date at the Interest Rate and shall be computed on the
basis of a calendar year and the actual number of days elapsed and shall be payable on the Maturity Date.

 

(3) CONVERSION
OF NOTES. This Note shall be convertible into the Company’s Common Stock, no par value per share (the “Shares”),
on the terms and conditions set forth in this Section 3.

 

(a) Conversion
Right. Subject to the provisions of Section 3(d), at any time or times on or after the Issuance Date, the Holder shall be entitled
to convert any portion of the outstanding and unpaid Conversion Amount (as defined below) into fully paid and nonassessable Shares in
accordance with Section 3(c), at the Conversion Rate (as defined below). The Company shall not issue any fraction of a Share upon any
conversion. If the issuance would result in the issuance of a fraction of a Share, the Company shall pay such fractional amount in cash.
In the event of a conversion of the Note, in whole or in part, no interest shall be paid.

 

(b) Conversion
Rate. The number of Shares issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing
(x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

 

(i) “Conversion
Amount” means the portion of the Principal to be converted, redeemed or otherwise with respect to which this determination is
being made.

 

(ii) “Conversion
Price” means $____, the closing price of the Company’s Shares on December ____,
2021.

 

(c) Mechanics
of Conversion.

 

(i) Optional
Conversion. To convert any Conversion Amount into Shares on any date beginning on June ____,
2022 (such date, a “Conversion Date”), the Holder shall (A) transmit by facsimile (or otherwise deliver), for receipt
on or prior to 10:00 a.m., New York Time, on such date, a copy of an executed notice of conversion in the form attached hereto as Exhibit
I (the “Conversion Notice”) to the Company and (B) if required by Section 3(c)(iii), surrender this Note to a common
carrier for delivery to the Company as soon as practicable on or following such date (or an indemnification undertaking with respect to
this Note in the case of its loss, theft or destruction). On or before the second (2nd) Business Day following the date of receipt of
a Conversion Notice, the Company shall transmit by facsimile a confirmation of receipt of such Conversion Notice to the Holder and the
Transfer Agent. On or before the fifth (5th) Business Day following the date of receipt of a Conversion Notice (the “Share
Delivery Date”), the Company shall (A) (1) provided that the Transfer Agent is participating in the DTC Fast Automated Securities
Transfer Program and the Shares are eligible for legend removal, credit such aggregate number of Shares to which the Holder shall be entitled
to the Holder’s or its designee’s balance account with DTC through its Deposit Withdrawal Agent Commission system or (2) if
the Transfer Agent is not participating in the DTC Fast Automated Securities Transfer Program or the Shares are not eligible for legend
removal, issue and deliver to the address as specified in the Conversion Notice, a certificate, registered in the name of the Holder or
its designee, for the number of Shares to which the Holder shall be entitled and (B) pay to the Holder in cash, by wire transfer of immediately
available funds, an amount equal to the sum of (1) the accrued and unpaid Interest on the Conversion Amount and Late Charges, if any,
on such Conversion Amount and Interest through the Conversion Date and (2) the applicable Make-Whole Amount. If this Note is physically
surrendered for conversion as required by Section 3(c)(iii) and the outstanding Principal of this Note is greater than the Principal portion
of the Conversion Amount being converted, then the Company shall as soon as practicable and in no event later than ten (10) Business Days
after receipt of this Note and at its own expense, issue and deliver to the holder a new Note (in accordance with Section 14(d)) representing
the outstanding Principal not converted. The Person or Persons entitled to receive the Shares issuable upon a conversion of this Note
shall be treated for all purposes as the record holder or holders of such Shares on the Conversion Date.

 

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(ii) Recording;
Book-Entry. The Company shall maintain a register (the “Record”) for the recordation of the names and addresses
of the holders of each Note and the principal amount of the Notes held by such holders (the “Recorded Notes”). The
entries in the Record shall be conclusive and binding for all purposes absent manifest error. The Company and the holders of the Notes
shall treat each Person whose name is set forth in the Record as the owner of a Note for all purposes, including, without limitation,
the right to receive payments of Principal and Interest hereunder, notwithstanding notice to the contrary. A Recorded Note may be assigned
or sold in whole or in part only by recording such assignment or sale on the Record. Upon its receipt of a request to assign or sell all
or part of any Recorded Note by a Holder, the Company shall record the information contained therein in the Record and issue one or more
new Recorded Notes in the same aggregate principal amount as the principal amount of the surrendered Recorded Note to the designated assignee
or transferee pursuant to Section 14. Notwithstanding anything to the contrary set forth herein, upon conversion of any portion of this
Note in accordance with the terms hereof, the Holder shall not be required to physically surrender this Note to the Company unless (A)
the full Principal amount represented by this Note is being converted or (B) the Holder has provided the Company with prior written notice
(which notice may be included in a Conversion Notice) requesting reissuance of this Note upon physical surrender of this Note. The Holder
and the Company shall maintain records showing the Principal, Interest and Late Charges, if any, converted and the dates of such conversions
or shall use such other method, reasonably satisfactory to the Holder and the Company, so as not to require physical surrender of this
Note upon conversion.

 

(iii) Partial
Conversion; Disputes. In the event that the Company receives a Conversion Notice and the Company can convert some, but not all, of
such portions of the Notes submitted for conversion, the Company, subject to Section 3(d), shall convert so much of such holder’s
portion of its Notes submitted for conversion as is permitted under the terms hereof. In the event of a dispute as to the number of Shares
issuable to the Holder in connection with a conversion of this Note, the Company shall issue to the Holder the number of Shares not in
dispute.

 

(d) Limitations
on Conversions.

 

(i) Beneficial
Ownership. The Holder understands that upon any issuance of Shares by the Company, the Holder will be solely responsible to determine
whether such issuance has caused the Holder to own in excess of five percent (5%) of the Company’s issued and outstanding Shares.
In the event the Holder owns more than five percent (5%) of the Company’s Shares, such Holder will be required to file a Schedule
13G or a Schedule 13D, as may be applicable. In addition, the Holder understands that, in the event such Holder owns ten percent (10%)
of the Company’s issued and outstanding Shares, such Holder will be considered an Affiliate, as such term is defined by Section
405 of the Securities Act of 1933 (the “Securities Act”). The Holder understands that an Affiliate will need to follow
more stringent rules in connection with the sale of any securities of the Company pursuant to Rule 144 of the Securities Act and that
such requirements could result in sales taking longer to effect or being impossible to complete at times when a Nonaffiliate could sell
such Shares.

 

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(ii) Principal
Market Regulation. The Company shall not be obligated to issue any Shares upon conversion of this Note if the issuance of such Shares
would exceed the aggregate number of Shares which the Company may issue upon conversion or exercise, as applicable, of the Notes and Warrants
without breaching the Company’s obligations under the rules or regulations of the Principal Market (the “Exchange Cap”),
except that such limitation shall not apply in the event that the Company (A) obtains the approval of its shareholders as required by
the applicable rules of such Principal Market for issuances of Shares in excess of such amount or (B) obtains a written opinion from outside
counsel to the Company that such approval is not required, which opinion shall be reasonably satisfactory to the Required Holders. Until
such approval or written opinion is obtained, no Holder of the Notes shall be issued in the aggregate, upon conversion or exercise or
otherwise, as applicable, of Notes or Warrants, Shares in an amount greater than the product of the Exchange Cap multiplied by a fraction,
the numerator of which is the principal amount of Notes issued to a Holder on the Closing Date and the denominator of which is the aggregate
principal amount of all Notes issued to the Holders on the Closing Date (with respect to each Holder, the “Exchange Cap Allocation”).
In the event that any Holder shall sell or otherwise transfer any of such Holder’s Notes, the transferee shall be allocated a pro
rata portion of such Holder’s Exchange Cap Allocation, and the restrictions of the prior sentence shall apply to such transferee
with respect to the portion of the Exchange Cap Allocation allocated to such transferee. In the event that any holder of Notes shall convert
all of such holder’s Notes into a number of Shares which, in the aggregate, is less than such holder’s Exchange Cap Allocation,
then the difference between such holder’s Exchange Cap Allocation and the number of Shares actually issued to such holder shall
be allocated to the respective Exchange Cap Allocations of the remaining holders of Notes on a pro rata basis in proportion to the aggregate
principal amount of the Notes then held by each such holder.

 

(e) Payment
in Lieu of Conversion Above Exchange Cap Limitation. If at any time while this Note is outstanding, the Holder delivers a Conversion
Notice, and as a result of the application of the Exchange Cap, the Company is unable to issue any Shares upon such conversion at the
applicable Conversion Price, then the Company shall pay to the Holder, in cash, on or prior to the tenth (10th) Trading Day
following delivery of such Conversion Notice, an amount equal to the product of (i) the number of Exchange Cap Limitation Shares and (ii)
Conversion Price (the “Exchange Cap Redemption Payment”). If the Company shall fail to pay to the Holder the Exchange
Cap Redemption Payment, as applicable, on or prior to the date such payment is due, the Holder, upon written notice to the Company, may
void its Conversion Notice with respect to, and retain or have returned, as the case may be, any portion of this Note that has not been
converted pursuant to such Conversion Notice or for which the Holder has not received the Exchange Cap Redemption Payment.

 

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(4) RIGHTS
UPON EVENT OF DEFAULT.

 

(a) Event
of Default. Each of the following events shall constitute an “Event of Default”:

 

(i) the
Company’s (A) failure to cure a Conversion Failure by delivery of the required number of Shares within ten (10) Business Days after
the applicable Conversion Date or (B) notice, written or oral, to any holder of the Notes, including by way of public announcement or
through any of its agents, at any time, of its intention not to comply with a request for conversion of any Notes into Shares that is
tendered in accordance with the provisions of the Notes, other than pursuant to Section 3(d);

 

(ii) the
Company’s failure to pay to the Holder any amount of Principal, Interest or other amounts when and as due under this Note or any
other agreement, document, certificate or other instrument delivered in connection with the transactions contemplated hereby and thereby
to which the Holder is a party, except, in the case of a failure to pay Interest when and as due, in which case only if such failure continues
for a period of at least fifteen (15) Business Days;

 

(iii) any
default under, redemption of or acceleration prior to maturity of any Indebtedness of the Company or any of its Subsidiaries other than
with respect to any Other Notes;

 

(iv) the
Company or any of its Subsidiaries, pursuant to or within the meaning of Title 11, U.S. Code, or any similar Federal, foreign or state
law for the relief of debtors (collectively, “Bankruptcy Law”), (A) commences a voluntary case, (B) consents to the
entry of an order for relief against it in an involuntary case, (C) consents to the appointment of a receiver, trustee, assignee, liquidator
or similar official (a “Custodian”), (D) makes a general assignment for the benefit of its creditors or (E) admits
in writing that it is generally unable to pay its debts as they become due;

 

(v) a
court of competent jurisdiction enters an order or decree under any Bankruptcy Law that (A) is for relief against the Company or any of
its Subsidiaries in an involuntary case, (B) appoints a Custodian of the Company or any of its Subsidiaries or (C) orders the liquidation
of the Company or any of its Subsidiaries;

 

(vi) the
Company breaches any representation, warranty, covenant or other term or condition of any Transaction Document, except, in the case of
a breach of a covenant or other term or condition of any Transaction Document which is curable, only if such breach continues for a period
of at least ten (10) consecutive Business Days; or

 

(vii) any
breach or failure in any respect to comply with Section 10 of this Note.

 

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(5) RIGHTS
UPON ISSUANCE OF PURCHASE RIGHTS AND OTHER CORPORATE EVENTS.

 

(a) Purchase
Rights. If at any time the Company grants, issues or sells any Options, Convertible Securities or rights to purchase shares, warrants,
securities or other property pro rata to the record holders of any class of Shares (the “Purchase Rights”), then the
Holder will be entitled to acquire, upon the terms applicable to such Purchase Rights, the aggregate Purchase Rights which the Holder
could have acquired if the Holder had held the number of Shares acquirable upon complete conversion of this Note (without taking into
account any limitations or restrictions on the convertibility of this Note) immediately before the date on which a record is taken for
the grant, issuance or sale of such Purchase Rights, or, if no such record is taken, the date as of which the record holders of Shares
are to be determined for the grant, issue or sale of such Purchase Rights.

 

(b) Other Corporate Events.
In addition to and not in substitution for any other rights hereunder, prior to the consummation of any Fundamental Transaction pursuant
to which holders of Shares are entitled to receive securities or other assets with respect to or in exchange for Shares (a “Corporate
Event”), the Company shall make appropriate provision to ensure that the Holder will thereafter have the right to receive upon
a conversion of this Note, at the Holder’s option, (i) in addition to the Shares receivable upon such conversion, such securities
or other assets to which the Holder would have been entitled with respect to such Shares had such Shares been held by the Holder upon
the consummation of such Corporate Event (without taking into account any limitations or restrictions on the convertibility of this Note)
or (ii) in lieu of the Shares otherwise receivable upon such conversion, such securities or other assets received by the holders of Shares
in connection with the consummation of such Corporate Event in such amounts as the Holder would have been entitled to receive had this
Note initially been issued with conversion rights for the form of such consideration (as opposed to Shares) at a conversion rate for
such consideration commensurate with the Conversion Rate. Provision made pursuant to the preceding sentence shall be in a form and substance
satisfactory to the Required Holders. The provisions of this Section shall apply similarly and equally to successive Corporate Events
and shall be applied without regard to any limitations on the conversion or redemption of this Note.

 

(6) RIGHTS
UPON ISSUANCE OF OTHER SECURITIES. If the Company at any time on or after the Subscription Date subdivides (by any share split, share
dividend, recapitalization or otherwise) one or more classes of its outstanding Shares into a greater number of shares, the Conversion
Price in effect immediately prior to such subdivision will be proportionately reduced. If the Company at any time on or after the Subscription
Date combines (by combination, reverse share split or otherwise) one or more classes of its outstanding Shares into a smaller number of
shares, the Conversion Price in effect immediately prior to such combination will be proportionately increased.

 

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(7) NONCIRCUMVENTION.
The Company hereby covenants and agrees that the Company will not, by amendment of its Certificate of Incorporation, Bylaws or through
any reorganization, transfer of assets, consolidation, merger, scheme of arrangement, dissolution, issue or sale of securities, or any
other voluntary action, avoid or seek to avoid the observance or performance of any of the terms of this Note, and will at all times in
good faith carry out all of the provisions of this Note and take all action as may be required to protect the rights of the Holder of
this Note.

 

(8) RESERVATION
OF AUTHORIZED SHARES.

 

(a) Reservation.
So long as any of the Notes are outstanding, the Company shall initially reserve out of its authorized and unissued Shares a number of
Shares for each of the Notes equal to 100% of the Conversion Rate with respect to the Conversion Amount of each such Note as of the Issuance
Date. The number of Shares reserved for conversions of the Notes and each increase in the number of shares so reserved shall be allocated
pro rata among the holders of the Notes based on the principal amount of the Notes held by each holder at the closing of the purchase
of this Note or increase in the number of reserved shares, as the case may be (the “Authorized Share Allocation”).
In the event that a holder shall sell or otherwise transfer any of such holder’s Notes, each transferee shall be allocated a pro
rata portion of such holder’s Authorized Share Allocation. Any Shares reserved and allocated to any Person which ceases to hold
any Notes shall be allocated to the remaining holders of Notes, pro rata based on the principal amount of the Notes then held by such
holders; provided the Company shall not be obligated to reserve an aggregate number of Shares hereunder in excess of the maximum calculated
pursuant to subpart (ii) of this Section 8(a).

 

(b) Insufficient
Authorized Shares. If at any time while any of the Notes remain outstanding the Company does not have a sufficient number of authorized
and unreserved Shares to satisfy its obligation to reserve for issuance upon conversion of the Notes at least a number of Shares equal
to the Required Reserve Amount (an “Authorized Share Failure”), then the Company shall immediately take all action
necessary to increase the Company’s authorized Shares to an amount sufficient to allow the Company to reserve the Required Reserve
Amount for the Notes then outstanding. Without limiting the generality of the foregoing sentence, as soon as practicable after the date
of the occurrence of an Authorized Share Failure, but in no event later than one hundred (100) days after the occurrence of such Authorized
Share Failure, the Company shall hold a meeting of its shareholders for the approval of an increase in the number of authorized Shares.
In connection with such meeting, the Company shall provide each shareholder with a proxy statement and shall use its best efforts to solicit
its shareholders’ approval of such increase in authorized Shares and to cause its board of directors to recommend to the shareholders
that they approve such proposal.

 

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(9) VOTING
RIGHTS. The Holder shall have no voting rights as the holder of this Note, except as required by Virginia law and as expressly provided
in this Note.

 

(10) TRADING
IN COMPANY SHARES. Neither the Holder, nor any of its affiliates have an open short position in the Shares of the Company, and the
Holder agrees that it will not, and that it will cause its affiliates not to, engage in any short sales with respect to the Shares while
any portion of this Note remains outstanding.

 

(11) NOTE
RANK. All payments due under this Note shall rank pari passu with all Other Notes.

 

(12) PARTICIPATION.
The Holder, as the holder of this Note, shall be entitled to receive such dividends paid and distributions made to the holders of Shares
to the same extent as if the Holder had converted this Note into Shares (without regard to any limitations on conversion herein or elsewhere)
and had held such Shares on the record date for such dividends and distributions. Payments under the preceding sentence shall be made
concurrently with the dividend or distribution to the holders of Shares.

 

(13) VOTE
TO CHANGE THE TERMS OF NOTES. The affirmative vote at a meeting duly called for such purpose or the written consent without a meeting
of the Required Holders shall be required for any change or amendment to this Note or the Other Notes.

 

(14) TRANSFER.
This Note and any Shares issued upon conversion of this Note may be offered, sold, assigned or transferred by the Holder without the consent
of the Company.

 

(15) REISSUANCE
OF THIS NOTE.

 

(a) Transfer.
If this Note is to be transferred, the Holder shall surrender this Note to the Company, whereupon the Company will forthwith issue and
deliver upon the order of the Holder a new Note (in accordance with Section 14(d)), registered as the Holder may request, representing
the outstanding Principal being transferred by the Holder and, if less then the entire outstanding Principal is being transferred, a new
Note (in accordance with Section 14(d)) to the Holder representing the outstanding Principal not being transferred. The Holder and any
assignee, by acceptance of this Note, acknowledge and agree that, by reason of the provisions of Section 3(c)(iii) following conversion
or redemption of any portion of this Note, the outstanding Principal represented by this Note may be less than the Principal stated on
the face of this Note.

 

(b) Lost,
Stolen or Mutilated Note. Upon receipt by the Company of evidence reasonably satisfactory to the Company of the loss, theft, destruction
or mutilation of this Note, and, in the case of loss, theft or destruction, of any indemnification undertaking by the Holder to the Company
in customary form and, in the case of mutilation, upon surrender and cancellation of this Note, the Company shall execute and deliver
to the Holder a new Note (in accordance with Section 14(d)) representing the outstanding Principal.

 

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(c) Note
Exchangeable for Different Denominations. This Note is exchangeable, upon the surrender hereof by the Holder at the principal office
of the Company, for a new Note or Notes (in accordance with Section 14(d) and in principal amounts of at least $500,000) representing
in the aggregate the outstanding Principal of this Note, and each such new Note will represent such portion of such outstanding Principal
as is designated by the Holder at the time of such surrender.

 

(d) Issuance
of New Notes. Whenever the Company is required to issue a new Note pursuant to the terms of this Note, such new Note (i) shall be
of like tenor with this Note, (ii) shall represent, as indicated on the face of such new Note, the Principal remaining outstanding (or
in the case of a new Note being issued pursuant to Section 14(a) or Section 14(c), the Principal designated by the Holder which, when
added to the principal represented by the other new Notes issued in connection with such issuance, does not exceed the Principal remaining
outstanding under this Note immediately prior to such issuance of new Notes), (iii) shall have an issuance date, as indicated on the face
of such new Note, which is the same as the Issuance Date of this Note, (iv) shall have the same rights and conditions as this Note, and
(v) shall represent accrued and unpaid Interest and Late Charges, if any, on the Principal and Interest of this Note, from the Issuance
Date.

 

(16) REMEDIES,
CHARACTERIZATIONS, OTHER OBLIGATIONS, BREACHES AND INJUNCTIVE RELIEF. The remedies provided in this Note shall be cumulative and in
addition to all other remedies available under this Note and any of the other Transaction Documents at law or in equity (including a decree
of specific performance and/or other injunctive relief), and nothing herein shall limit the Holder’s right to pursue actual and
consequential damages for any failure by the Company to comply with the terms of this Note. Amounts set forth or provided for herein with
respect to payments, conversion and the like (and the computation thereof) shall be the amounts to be received by the Holder and shall
not, except as expressly provided herein, be subject to any other obligation of the Company (or the performance thereof). The Company
acknowledges that a breach by it of its obligations hereunder will cause irreparable harm to the Holder and that the remedy at law for
any such breach may be inadequate. The Company therefore agrees that, in the event of any such breach or threatened breach, the Holder
shall be entitled, in addition to all other available remedies, to an injunction restraining any breach, without the necessity of showing
economic loss and without any bond or other security being required.

 

(17) CONSTRUCTION;
HEADINGS. This Note shall be deemed to be jointly drafted by the Company and all the Holders and shall not be construed against any
person as the drafter hereof. The headings of this Note are for convenience of reference and shall not form part of, or affect the interpretation
of, this Note.

 

(18) FAILURE
OR INDULGENCE NOT WAIVER. No failure or delay on the part of the Holder in the exercise of any power, right or privilege hereunder
shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or privilege preclude other or further
exercise thereof or of any other right, power or privilege.

 

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(19) NOTICES;
PAYMENTS.

 

(a) Notices.
Whenever notice is required to be given under this Note, unless otherwise provided herein, such notice shall be given at the address provided
by the Holder, on the one hand, and on file for the Company with the SEC, on the other hand. The Company shall provide the Holder with
prompt written notice of all actions taken pursuant to this Note, including in reasonable detail a description of such action and the
reason therefor. Without limiting the generality of the foregoing, the Company will give written notice to the Holder (i) immediately
upon any adjustment of the Conversion Price, setting forth in reasonable detail, and certifying, the calculation of such adjustment and
(ii) at least twenty (20) days prior to the date on which the Company closes its books or takes a record (A) with respect to any dividend
or distribution upon the Shares, (B) with respect to any pro rata subscription offer to holders of Shares or (C) for determining rights
to vote with respect to any Fundamental Transaction, dissolution or liquidation, provided in each case that such information shall be
made known to the public prior to or in conjunction with such notice being provided to the Holder.

 

(b) Currency.
All principal, interest and other amounts owing under this Note or any Transaction Document that, in accordance with their terms, are
paid in cash shall be paid in United States dollars. All amounts denominated in other currencies shall be converted in the United States
dollar equivalent amount in accordance with the Exchange Rate on the date of calculation. “Exchange Rate” means, in
relation to any amount of currency to be converted into United States dollars pursuant to this Note, the United States dollar exchange
rate as published in The Wall Street Journal on the relevant date of calculation (it being understood and agreed that where an
amount is calculated with reference to, or over, a period of time, the date of calculation shall be the final date of such period of time).

 

(c) Payments.
Whenever any payment of cash is to be made by the Company to any Person pursuant to this Note, such payment shall be made in lawful money
of the United States of America by a check drawn on the account of the Company and sent via overnight courier service to such Person at
such address as previously provided to the Company in writing; provided that the Holder may elect to receive a payment of cash via wire
transfer of immediately available funds by providing the Company with prior written notice setting out such request and the Holder’s
wire transfer instructions. Whenever any amount expressed to be due by the terms of this Note is due on any day which is not a Business
Day, the same shall instead be due on the next succeeding day which is a Business Day.

 

(20) JUDGMENT
CURRENCY.

 

(a) If
for the purpose of obtaining or enforcing judgment against the Company in any court in any jurisdiction it becomes necessary to convert
into any other currency (such other currency being hereinafter in this Section 19 referred to as the “Judgment Currency”)
an amount due in United States dollars under this Note, the conversion shall be made at the Exchange Rate prevailing on the business day
immediately preceding:

 

(i) the
date actual payment of the amount due, in the case of any proceeding in the courts of New York or in the courts of any other jurisdiction
that will give effect to such conversion being made on such date: or

 

(ii) the
date on which the foreign court determines, in the case of any proceeding in the courts of any other jurisdiction (the date as of which
such conversion is made pursuant to this Section 19(a)(ii) being hereinafter referred to as the “Judgment Conversion Date”).

 

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(b) If
in the case of any proceeding in the court of any jurisdiction referred to in Section 19(a)(ii) above, there is a change in the Exchange
Rate prevailing between the Judgment Conversion Date and the date of actual payment of the amount due, the applicable party shall pay
such adjusted amount as may be necessary to ensure that the amount paid in the Judgment Currency, when converted at the Exchange Rate
prevailing on the date of payment, will produce the amount of United States dollars which could have been purchased with the amount of
Judgment Currency stipulated in the judgment or judicial order at the Exchange Rate prevailing on the Judgment Conversion Date.

 

(c) Any
amount due from the Company under this provision shall be due as a separate debt and shall not be affected by judgment being obtained
for any other amounts due under or in respect of this Note.

 

(21) MAXIMUM
PAYMENTS. Nothing contained herein shall be deemed to establish or require the payment of a rate of interest or other charges in excess
of the maximum permitted by applicable law. In the event that the rate of interest required to be paid or other charges hereunder exceed
the maximum permitted by such law, any payments in excess of such maximum shall be credited against amounts owed by the Company to the
Holder and thus refunded to the Company.

 

(22) CANCELLATION.
After all Principal, accrued Interest and other amounts at any time owed on this Note have been paid in full, this Note shall automatically
be deemed canceled, shall be surrendered to the Company for cancellation and shall not be reissued.

 

(23) GOVERNING
LAW; JURISDICTION; JURY TRIAL. All questions concerning the construction, validity, enforcement and interpretation of this Note shall
be governed by the internal laws of the Commonwealth of Virginia, without giving effect to any choice of law or conflict of law provision
or rule (whether of the Commonwealth of Virginia or any other jurisdictions) that would cause the application of the laws of any jurisdictions
other than the Commonwealth of Virginia. The Company hereby irrevocably submits to the jurisdiction of the state and federal courts sitting
in the City of Richmond for the adjudication of any dispute hereunder or in connection herewith or with any transaction contemplated hereby
or discussed herein, and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not
personally subject to the jurisdiction of any such court, that such suit, action or proceeding is brought in an inconvenient forum or
that the venue of such suit, action or proceeding is improper. In the event that any provision of this Note is invalid or unenforceable
under any applicable statute or rule of law, then such provision shall be deemed inoperative to the extent that it may conflict therewith
and shall be deemed modified to conform with such statute or rule of law. Any such provision which may prove invalid or unenforceable
under any law shall not affect the validity or enforceability of any other provision of this Note. Nothing contained herein shall be deemed
or operate to preclude the Holder from bringing suit or taking other legal action against the Company in any other jurisdiction to collect
on the Company’s obligations to the Holder, to realize on any collateral or any other security for such obligations, or to enforce
a judgment or other court ruling in favor of the Holder.

 

    11

     

    

 

(24) CERTAIN
DEFINITIONS. For purposes of this Note, the following terms shall have the following meanings:

 

(a) “Business
Day” means any day other than Saturday, Sunday or other day on which commercial banks in the City of New York are authorized
or required by law to remain closed.

 

(b) “Closing
Date” shall mean December __ , 2021, which date is the date the Company initially issued Notes pursuant hereto.

 

(c) “Contingent
Obligation” means, as to any Person, any direct or indirect liability, contingent or otherwise, of that Person with respect
to any Indebtedness, lease, dividend or other obligation of another Person if the primary purpose or intent of the Person incurring such
liability, or the primary effect thereof, is to provide assurance to the obligee of such liability that such liability will be paid or
discharged, or that any agreements relating thereto will be complied with, or that the holders of such liability will be protected (in
whole or in part) against loss with respect thereto.

 

(d) “Convertible
Securities” means any shares or securities (other than Options) directly or indirectly convertible into or exercisable or exchangeable
for Shares.

 

(e) “Exchange
Cap Limitation Shares” means, with respect to any Conversion Notice, a number of Shares equal to the quotient of (i) the Conversion
Amount set forth in such Conversion Notice that cannot be converted due to the Exchange Cap divided by (ii) the Conversion Price.

 

(f) “Fundamental
Transaction” means that the Company shall, directly or indirectly, in one or more related transactions, (i) consolidate or merge
with or into (whether or not the Company is the surviving corporation) another Person or Persons, or (ii) sell, assign, transfer, convey
or otherwise dispose of all or substantially all of the properties or assets of the Company to another Person, or (iii) allow another
Person to make a purchase, tender or exchange offer that is accepted by the holders of more than 50% of the outstanding shares of Voting
Stock (not including any shares of Voting Stock held by the Person or Persons making or party to, or associated or affiliated with the
Persons making or party to, such purchase, tender or exchange offer), or (iv) consummate a share purchase agreement or other business
combination (including, without limitation, a reorganization, recapitalization, spin-off or scheme of arrangement) with another Person
whereby such other Person acquires more than the 50% of the outstanding shares of Voting Stock (not including any shares of Voting Stock
held by the other Person or other Persons making or party to, or associated or affiliated with the other Persons making or party to, such
share purchase agreement or other business combination), or (v) reorganize, recapitalize or reclassify its Shares or (vi) any “person”
or “group” (as these terms are used for purposes of Sections 13(d) and 14(d) of the Securities Exchange Act of 1934 (the “Exchange
Act”)) is or shall become the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or
indirectly, of 50% of the aggregate Voting Stock of the Company.

 

    12

     

    

 

(g) “GAAP”
means United States generally accepted accounting principles, consistently applied.

 

(h) “Indebtedness”
of any Person means, without duplication (i) all indebtedness for borrowed money, (ii) all obligations issued, undertaken or assumed as
the deferred purchase price of property or services, including (without limitation) “capital leases” in accordance with GAAP
(other than trade payables entered into in the ordinary course of business), (iii) all reimbursement or payment obligations with respect
to letters of credit, surety bonds and other similar instruments, (iv) all obligations evidenced by notes, bonds, debentures or similar
instruments, including obligations so evidenced incurred in connection with the acquisition of property, assets or businesses, (v) all
indebtedness created or arising under any conditional sale or other title retention agreement, or incurred as financing, in either case
with respect to any property or assets acquired with the proceeds of such indebtedness (even though the rights and remedies of the seller
or bank under such agreement in the event of default are limited to repossession or sale of such property), (vi) all monetary obligations
under any leasing or similar arrangement which, in connection with GAAP, consistently applied for the periods covered thereby, is classified
as a capital lease, (vii) all indebtedness referred to in clauses (i) through (vi) above secured by (or for which the holder of such Indebtedness
has an existing right, contingent or otherwise, to be secured by) any mortgage, lien, pledge, charge, security interest or other encumbrance
upon or in any property or assets (including accounts and contract rights) owned by any Person, even though the Person which owns such
assets or property has not assumed or become liable for the payment of such indebtedness, and (viii) all Contingent Obligations in respect
of indebtedness or obligations of others of the kinds referred to in clauses (i) through (vii) above.

 

(i) “Interest
Rate” means five percent (5%) annually.

 

(j) “Parent
Entity” of a Person means an entity that, directly or indirectly, controls the applicable Person and whose capital stock is
quoted or listed on the Principal Market, or, if there is more than one such Person or Parent Entity, the Person or Parent Entity with
the largest public market capitalization as of the date of consummation of the Fundamental Transaction.

 

(k)
“Person” means an individual, a limited liability company, a partnership, a joint venture, a corporation, a trust,
an unincorporated organization, any other entity and a government or any department or agency thereof.

 

(l) “Principal
Market” means The NASDAQ Capital Market.

 

(m) “Required
Holders” means the holders of Notes representing at least a majority of the aggregate principal amount of the Notes then outstanding.

 

(n) “SEC”
means the United States Securities and Exchange Commission.

 

    13

     

    

 

(o) “Subscription
Date” means December __, 2021.

 

(p) “Successor
Entity” means the Person, which may be the Company, formed by, resulting from or surviving any Fundamental Transaction or the
Person with which such Fundamental Transaction shall have been made, provided that if such Person is not a publicly traded entity whose
Shares or equivalent equity security is quoted or listed for trading on the Principal Market, Successor Entity shall mean such Person’s
Parent Entity.

 

(q) “Trading
Day” means any day on which the Shares is traded on the Principal Market, or, if the Principal Market is not the principal trading
market for the Shares, then on the principal securities exchange or securities market on which the Shares is then traded; provided that
“Trading Day” shall not include any day on which the Shares is scheduled to trade on such exchange or market for less than
4.5 hours or any day that the Shares is suspended from trading during the final hour of trading on such exchange or market (or if such
exchange or market does not designate in advance the closing time of trading on such exchange or market, then during the hour ending at
4:00:00 p.m., New York Time).

 

(r) “Voting
Stock” of a Person means capital stock of such Person of the class or classes pursuant to which the holders thereof have the
general voting power to elect, or the general power to appoint, at least a majority of the board of directors, managers or trustees of
such Person (irrespective of whether or not at the time capital stock of any other class or classes shall have or might have voting power
by reason of the happening of any contingency).

 

(25) DISCLOSURE.
Upon receipt or delivery by the Company of any notice in accordance with the terms of this Note, unless the Company has in good faith
determined that the matters relating to such notice do not constitute material, nonpublic information relating to the Company or its Subsidiaries,
the Company shall as soon as possible but in any event within four (4) Business Days after any such receipt or delivery publicly disclose
such material, nonpublic information on a Current Report on Form 8-K or otherwise. In the event that the Company believes that a notice
contains material, nonpublic information relating to the Company or its Subsidiaries, the Company so shall indicate to such Holder contemporaneously
with delivery of such notice, and in the absence of any such indication, the Holder shall be allowed to presume that all matters relating
to such notice do not constitute material, nonpublic information relating to the Company or its Subsidiaries.

 

[Signature Page Follows]

 

    14

     

    

 

IN WITNESS WHEREOF, the Company
has caused this Note to be duly executed as of the Issuance Date set out above.

 

	 	Singularity Future Technology Ltd.
	 	 
	 	By:	                 
	 	 	Name: 	Yang Jie
	 	 	Title:	Chief Executive Officer

 

     

     

    

 

EXHIBIT I

 

Singularity Future Technology Ltd.

 

CONVERSION NOTICE

 

Reference is made to the Senior Convertible Note
(the “Note”) issued to the undersigned by Singularity Future Technology Ltd. (the “Company”). In
accordance with and pursuant to the Note, the undersigned hereby elects to convert the Conversion Amount (as defined in the Note) of the
Note indicated below into shares of Common Stock, no par value per share (the “Shares”) of the Company, as of the date
specified below.

 

	Date of Conversion:	 
	Aggregate Conversion Amount to be converted:	 
	Please confirm the following information:
	Conversion Price:	$___
	Number of Shares to be issued:	 
	Please issue the Shares into which the Note is being converted in the following name and to the following address:
	Issue to:	 
	 	 
	 	 
	Facsimile Number:	 
	Authorization:	 
	By:	 
	Title:	 
	Dated:	 
	Account Number:	 
	  (if electronic book entry transfer)	 
	Transaction Code Number:	 
	  (if electronic book entry transfer)	 
	 	 	 	 	 	 	 	 	 	 	 	 

     

     

    

 

ACKNOWLEDGMENT

 

The Company hereby acknowledges
this Conversion Notice and hereby directs Transhare Corporation to issue the above indicated number of Shares in accordance with the Transfer
Agent Instructions dated __, 20__ from the Company and acknowledged and agreed to by Transhare Corporation.

 

	 	Singularity Future Technology Ltd.
	 	 
	 	By:	                 
	 	 	Name: 	Yang Jie
	 	 	Title:	Chief Executive OfficerExhibit 10.1

 

SHARE
EXCHANGE AGREEMENT

 

dated
as of

 

March
9, 2022

 

by
and among

 

Global
Technologies, Ltd.,

a
Delaware corporation (“GTLL”),

 

Tersus
Power Inc.,

a
Nevada corporation (“Tersus”),

 

and

 

The
Shareholders of Tersus

 

    	 

    	 

    

 

SHARE
EXCHANGE AGREEMENT

 

This
Share Exchange Agreement (this “Agreement”) is entered into on March 9, 2022 (the “Effective Date”)
and is by and among Global Technologies, Ltd., a Delaware corporation (“GTLL”), on the one hand, and Tersus Power
Inc., a Nevada corporation (“Tersus”), and the shareholders of Tersus as listed on Exhibit A (each a “Tersus
Shareholder” and collectively the “Tersus Shareholders”), on the other hand. Each of GTLL, Tersus, and the
Tersus Shareholders may be referred to herein as a “Party” and collectively as the “Parties.”

 

RECITALS

 

WHEREAS,
Tersus is a contract manufacturer of modular hydrogen fueling stations (the “Business”);

 

WHEREAS,
the Tersus Shareholders are the beneficial and record owners of all of the issued and outstanding stock, of all classes, of Tersus;

 

WHEREAS,
the Tersus Shareholders desire to acquire from GTLL, and GTLL desires to issue to the Tersus Shareholders, shares of GTLL Class A common
stock constituting 75% of all of GTLL’s issued and outstanding stock, of all classes, immediately following the Closing in exchange
for all of the issued and outstanding equity interests of Tersus (the “Exchange”);

 

WHEREAS,
it is the intention of the Parties that upon Closing, Tersus shall become a wholly owned subsidiary of GTLL; and

 

WHEREAS,
the Parties intend that the Exchange, as set forth in this Agreement, shall qualify as a tax-free reorganization under the provisions
of Section 368(a)(1)(B) of the Internal Revenue Code of 1986, as amended (the “Code”).

 

NOW,
THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

 

ARTICLE
I

THE EXCHANGE

 

1.1
The Exchange of GTLL Shares for Tersus Shares.

 

(a)
At the Closing (as defined in Section 1.2) and subject to the terms and conditions set forth herein, each Tersus Shareholder shall
receive from GTLL, and GTLL shall issue to each Tersus Shareholder, a to-be-determined pro-rata number of shares of GTLL’s Class
A common stock for each one (1) share of Tersus common stock held by the Tersus Shareholder (the “Exchange Ratio”).
Such shares of GTLL’s Class A common stock shall collectively (i) be referred to as the “Exchange Shares”, and
(ii) constitute 75% of the issued and outstanding shares of stock, of all classes, of GTLL immediately following the Closing.

 

    	Page 1 of 23

     

    

 

(b)
At the Closing, and subject to the terms and conditions set forth herein, as consideration for the Tersus Shareholder’s Exchange
Shares, each Tersus Shareholder shall contribute, sell, convey, assign, and transfer to GTLL, and GTLL shall purchase, acquire and accept
from the Tersus Shareholder, all of the equity interests of Tersus. Such equity interests of Tersus shall generally be referred to as
the “Tersus Shares”, and shall in the aggregate (i) be comprised of 10,000,000 shares of common stock, and (ii) constitute
all of the issued and outstanding shares of stock, of all classes, of Tersus.

 

(c)
GTLL shall issue the Exchange Shares to the Tersus Shareholders by (within the time frame set forth in Section 1.3(b)(i) hereof), at
the request of the Tersus Shareholder, either delivering a stock certificate or requesting the GTLL transfer agent to issue the shares
in book entry format, to each Tersus Shareholder registered in the name of the Tersus Shareholder, or the Tersus Shareholder’s
nominees, evidencing the Exchange Shares (the “Exchange Shares Certificates”).

 

(d)
For federal income tax purposes, the Exchange is intended to constitute a tax-free “reorganization” within the meaning of
Section 368 of the Code, and the Parties shall report the transactions contemplated by this Agreement consistent with such intent and
shall take no position in any tax filing or legal proceeding inconsistent therewith. The Parties to this Agreement hereby adopt this
Agreement as a “plan of reorganization” within the meaning of Sections 1.368-2(g) and 1.368-3(a) of the United States Treasury
Regulations. None of GTLL, Tersus, or the Tersus Shareholders has taken or failed to take, and after the Effective Date, GTLL shall not
take or fail to take, any action which reasonably could be expected to cause the Exchange to fail to qualify as a “reorganization”
within the meaning of Section 368(a) of the Code.

 

1.2
Closing. Unless this Agreement shall have been terminated and the transactions herein contemplated shall have been abandoned pursuant
to Article V, the closing of the Exchange (the “Closing”)
will take place at 5:00 p.m. Pacific Time on the second business day following the satisfaction or waiver of the conditions set forth
in Article IV (the “Closing Date”). The Closing shall take place at the offices
of Clyde Snow & Sessions, PC, counsel for Tersus, unless another date, time, or place is agreed to in writing by GTLL and Tersus.

 

1.3
Deliveries at Closing.

 

(a)
At the Closing, Tersus will execute and deliver:

 

(i)
to GTLL, a certificate, dated as of the Closing Date, executed by the corporate Secretary of Tersus, in the form attached hereto as Exhibit
B (the “Tersus Representation Certificate”), stating that each of the conditions set forth in Sections 4.1
and 4.2, has been satisfied; and

 

(ii)
to GTLL, a certificate, dated as of the Closing Date, executed by the corporate Secretary of Tersus in the form attached hereto as Exhibit
C (the “Tersus Officer’s Certificate”), certifying as to the full force and effect of, and attaching as
exhibits to such certificate, (A) the organizational documents of Tersus; (B) a certificate of good standing, dated as of a date within
five (5) business days of the Closing Date, from the Secretary of State of the State of Nevada; (C) resolutions of Tersus’ Board
of Directors approving the Agreement and the transactions contemplated herein; and (D) resolutions of the Tersus Shareholders approving
the Agreement and the transactions contemplated herein.

 

    	Page 2 of 23

     

    

 

(b)
At the Closing (unless otherwise indicated) GTLL will execute and deliver:

 

(i)
within ten (10) business days of the Closing Date, to the Tersus Shareholders, the Exchange Shares Certificates (or proof of book entry);

 

(ii)
to the Tersus Shareholders and Tersus, a certificate dated as of the Closing Date, executed by the corporate Secretary of GTLL, in the
form attached hereto as Exhibit D (the “GTLL Representation Certificate”), stating that each of the conditions
in Sections 4.1 and 4.3 has been satisfied; and

 

(iii)
to the Tersus Shareholders and Tersus, a certificate, dated as of the Closing Date, executed by the corporate Secretary of GTLL in the
form attached hereto as Exhibit E (the “GTLL Officer’s Certificate”), certifying as to the full force
and effect of, and attaching as exhibits to such certificate, (A) the organizational documents of GTLL; (B) a certificate of good standing,
dated as of a date within five (5) days of the Effective Date, from the Secretary of State of the State of Delaware; and (C) resolutions
of GTLL’s Board of Directors approving the Agreement and the transactions contemplated herein, including the appointments set forth
in Section 4.1(b).

 

ARTICLE
II

REPRESENTATIONS AND WARRANTIES

 

2.1
Representations and Warranties of Tersus. Tersus represents and warrants to GTLL as follows as of the Effective Date and as of
the Closing Date:

 

(a)
Organization, Standing, and Power. Tersus is duly organized, validly existing, and in good standing under the laws of the State
of Nevada and has the requisite power and authority and all government licenses, authorizations, permits, consents, and approvals required
to own, lease, and operate its properties and carry on its business as now being conducted. Tersus is duly qualified or licensed to do
business and is in good standing in each jurisdiction in which the nature of its business or the ownership or leasing of its properties
makes such qualification or licensing necessary, other than in such jurisdictions where the failure to be so qualified or licensed (individually
or in the aggregate) would not have a Material Adverse Effect (as defined in Section 7.2) with respect to Tersus.

 

(b)
Subsidiaries. Tersus does not own directly or indirectly, any equity or other ownership interest in any company, corporation,
partnership, joint venture, or otherwise.

 

    	Page 3 of 23

     

    

 

(c)
Capital Structure. Tersus has 200,000,000 shares of common stock authorized, of which 10,000,000 shares are issued and outstanding.
No other equity securities of Tersus are issued, reserved for issuance, or outstanding. All issued and outstanding equity interests of
Tersus are nonassessable and not subject to preemptive rights. There are no outstanding bonds, debentures, notes, or other indebtedness,
or other securities of Tersus having the right to vote (or convertible into, or exchangeable for, securities having the right to vote)
on any matters. There are no outstanding securities, options, warrants, calls, rights, commitments, agreements, arrangements, or undertakings
of any kind to which Tersus is a party or by which they are bound obligating Tersus to issue, deliver or sell, or cause to be issued,
delivered or sold, additional membership interests or other equity or voting securities of Tersus or obligating Tersus to issue, grant,
extend, or enter into any such security, option, warrant, call, right, commitment, agreement, arrangement, or undertaking. There are
no outstanding contractual obligations, commitments, understandings, or arrangements of Tersus to repurchase, redeem, or otherwise acquire
or make any payment in respect of any membership interest of Tersus. There are no agreements or arrangements pursuant to which Tersus
is or could be required to register its equity interests or other securities under the Securities Act of 1933, as amended and the rules
and regulations promulgated thereunder (the “Securities Act”) or other agreements or arrangements with or among any
security holders of Tersus.

 

(d)
Company Authorization. As of the Closing, Tersus has all requisite power and authority to enter into this Agreement and to consummate
the transactions contemplated by this Agreement. The execution and delivery of this Agreement by Tersus and the consummation by Tersus
of the transactions contemplated hereby have been (or at Closing will have been) duly authorized by all necessary action on the part
of Tersus. This Agreement has been duly executed and when delivered by Tersus shall constitute a valid and binding obligation of Tersus,
enforceable against Tersus in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency or other
similar laws affecting the enforcement of creditors’ rights generally or by general principles of equity.

 

(e)
Non-Contravention. The execution and delivery of this Agreement do not, and the consummation of the transactions contemplated
by this Agreement and compliance with the provisions hereof will not, conflict with, or result in any breach or violation of, or default
(with or without notice or lapse of time, or both) under, or give rise to a right of termination, cancellation or acceleration of or
“put” right with respect to any obligation or to a loss of a material benefit under, or result in the creation of any lien
upon any of the properties or assets of Tersus under, (i) Tersus’ articles of incorporation or bylaws; (ii) any loan or credit
agreement, note, bond, mortgage, indenture, lease or other agreement, instrument, permit, concession, franchise or license applicable
to Tersus, its properties or assets; or (iii) subject to the governmental filings and other matters referred to in the following sentence,
any judgment, order, decree, statute, law, ordinance, rule, regulation or arbitration award applicable to Tersus, its properties or assets,
other than, in the case of clauses (ii) and (iii), any such conflicts, breaches, violations, defaults, rights, losses,
or liens that individually or in the aggregate could not have a Material Adverse Effect with respect to Tersus or could not prevent,
hinder or materially delay the ability of Tersus to consummate the transactions contemplated by this Agreement.

 

(f)
Governmental Authorization. No consent, approval, order, or authorization of, or registration, declaration or filing with, or
notice to, any United States court, administrative agency or commission, or other federal, state, or local government or other governmental
authority, agency, domestic or foreign (a “Governmental Entity”), is required by or with respect to Tersus in connection
with the execution and delivery of this Agreement by Tersus or the consummation by Tersus of the transactions contemplated hereby, except,
with respect to this Agreement, any filings under the Securities Act or the Securities Exchange Act of 1934, as amended (the “Exchange
Act”).

 

    	Page 4 of 23

     

    

 

(g)
Financial Statements. Tersus has previously delivered to GTLL audited financial statements of Tersus consisting of the balance
sheet as of June 30, 2021, and the related statement of income for the period from January 29, 2021 (inception) through June 30, 2021,
and by the Closing will have delivered unaudited financial statements as of and for the periods ending September 30, 2021, December 31,
2021, and March 31, 2022 (collectively, the “Financial Statements”). The Financial Statements have been and will be
prepared in accordance with GAAP and are complete and correct and have been prepared from and substantially conform with the books and
records of the Business and present fairly the financial condition and results of operations of the Business as of the dates and for
the periods indicated in all material respects.

 

(h)
Absence of Certain Changes or Events. Since June 30, 2021, there has not been any (i) a Material Adverse Effect with respect to
Tersus, or (ii) any event or occurrence that would reasonably be expected to prevent the ability of Tersus to consummate the transactions
contemplated by this Agreement.

 

(i)
Legal Proceedings. There are no legal proceedings pending or, to Tersus’ Knowledge, threatened against or by Tersus (a)
relating to or affecting the Business; or (b) that challenge or seek to prevent, enjoin or otherwise delay the transactions contemplated
by this Agreement; and no event has occurred or circumstances exist that may give rise to, or serve as a basis for, any such Action.
There are no outstanding and no unsatisfied judgments, penalties, or awards against, relating to or affecting the Business.

 

(j)
Compliance with Laws. To Tersus’ Knowledge, the conduct of the Business complies with all statutes, laws, regulations ordinances,
rules, judgments, orders, decrees or arbitration awards applicable to Tersus.

 

(k)
Taxes. All Tax Returns with respect to the Business required to be filed by Tersus for any period prior to Closing have been,
or will be, timely filed. Such Tax Returns are, or will be, true, complete and correct in all respects. All Taxes due and owing by Tersus
(whether or not shown on any Tax Return) have been, or will be, timely paid. Any deficiencies asserted, or assessments made, against
Tersus as a result of any examinations by any taxing authority have been fully paid. Tersus is not a party to any Action by any taxing
authority. There are no pending or, to Tersus’ Knowledge, threatened Actions by any taxing authority. There are no Encumbrances
for Taxes upon any of Tersus’ assets nor, to Tersus’ Knowledge, is any taxing authority in the process of imposing any Encumbrances
for Taxes on any of Tersus’ assets (other than for current Taxes not yet due and payable).

 

(l)
Guaranties. Tersus has not guaranteed any dividend, obligation, or indebtedness of any person.

 

(m)
Certain Fees. No brokerage or finder’s fees or commissions are or will be payable by Tersus to any broker, financial advisor
or consultant, finder, placement agent, investment banker, bank or other person with respect to the transactions contemplated by this
Agreement.

 

    	Page 5 of 23

     

    

 

2.2
Representations and Warranties of GTLL. GTLL represents and warrants to Tersus and the Tersus Shareholders as follows as of the
Effective Date and as of the Closing:

 

(a)
Organization, Standing and Power. GTLL is duly organized, validly existing and in good standing under the laws of the State of
Delaware and has the requisite corporate power and authority and all government licenses, authorizations, permits, consents, and approvals
required to own, lease and operate its properties and carry on its business as now being conducted. GTLL is duly qualified or licensed
to do business and is in good standing in each jurisdiction in which the nature of its business or the ownership or leasing of its properties
makes such qualification or licensing necessary, other than in such jurisdictions where the failure to be so qualified or licensed (individually
or in the aggregate) would not have a Material Adverse Effect with respect to GTLL.

 

(b)
Subsidiaries. GTLL has five (5) wholly owned subsidiaries, (i) TCBM Holdings, LLC, (ii) HMNRTH, LLC, (iii) Markets on Main, Inc.,
(iv) 911 Help Now, LLC, (v) Tersus Power, Inc. (the “Subsidiaries”), and a 25% ownership interest in Global Clean
Solutions, LLC, and does not otherwise own directly or indirectly, any equity or other ownership interest in any company, corporation,
partnership, joint venture, or otherwise. For purposes of Section 2.2(h) through Section 2.2(s), references to GTLL shall
be deemed to include the Subsidiaries.

 

(c)
Capital Structure of GTLL. The Exchange Shares will be, when issued, duly authorized, validly issued, fully paid and nonassessable,
not subject to preemptive rights, and issued in compliance with all applicable state and federal laws concerning the issuance of securities.
The Exchange Shares constitute 75% of the issued and outstanding capital stock of GTLL immediately following the Closing. Immediately
following the Closing, the capitalization of GTLL and ownership thereof will be as set forth in Exhibit G. Except as set forth
in Exhibit G, no shares of capital stock or other equity securities of GTLL are or will be issued, reserved for issuance or outstanding.
All issued and outstanding shares of capital stock of GTLL are or will be fully paid and nonassessable and not subject to preemptive
rights. Immediately following the Closing, there will be no outstanding bonds, debentures, notes, or other indebtedness or other securities
of GTLL having the right to vote (or convertible into, or exchangeable for, securities having the right to vote) on any matters. Immediately
following the Closing, there will be no outstanding securities, warrants, calls, rights, commitments, agreements, arrangements, or undertakings
of any kind to which GTLL is a party or by which they are bound, obligating GTLL to issue, deliver or sell, or cause to be issued, delivered
or sold, additional shares of capital stock or other equity or voting securities of GTLL. Immediately following the Closing, there will
be no outstanding contractual obligations, commitments, understandings, or arrangements of GTLL to repurchase, redeem, or otherwise acquire
or make any payment in respect of any shares of capital stock of GTLL.

 

    	Page 6 of 23

     

    

 

(d)
Corporate Authority. GTLL has all requisite corporate and other power and authority to enter into this Agreement and to consummate
the transactions contemplated by this Agreement. The execution and delivery of this Agreement by GTLL and the consummation by GTLL of
the transactions contemplated hereby have been (or at Closing will have been) duly authorized by all necessary corporate action on the
part of GTLL. This Agreement has been duly executed and when delivered by GTLL shall constitute a valid and binding obligation of GTLL,
enforceable against GTLL in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, or other
similar laws affecting the enforcement of creditors’ rights generally or by general principles of equity.

 

(e)
Non-Contravention. The execution and delivery of this Agreement do not, and the consummation of the transactions contemplated
by this Agreement and compliance with the provisions hereof will not, conflict with, or result in any breach or violation of, or default
(with or without notice or lapse of time, or both) under, or give rise to a right of termination, cancellation or acceleration of or
“put” right with respect to any obligation or to loss of a material benefit under, or result in the creation of any lien
upon any of the properties or assets of GTLL under, (i) its articles of incorporation, bylaws, or other charter documents of GTLL; (ii)
any loan or credit agreement, note, bond, mortgage, indenture, lease or other agreement, instrument, permit, concession, franchise, or
license applicable to GTLL, its properties or assets; or (iii) subject to the governmental filings and other matters referred to in the
following sentence, any judgment, order, decree, statute, law, ordinance, rule, regulation, or arbitration award applicable to GTLL,
its properties or assets, other than, in the case of clauses (ii) and (iii), any such conflicts, breaches, violations, defaults, rights,
losses, or liens that individually or in the aggregate could not have a Material Adverse Effect with respect to GTLL or could not prevent,
hinder or materially delay the ability of GTLL to consummate the transactions contemplated by this Agreement.

 

(f)
Government Authorization. No consent, approval, order or authorization of, or registration, declaration, or filing with, or notice
to, any Governmental Entity, is required by or with respect to GTLL in connection with the execution and delivery of this Agreement by
GTLL, or the consummation by GTLL of the transactions contemplated hereby, except, with respect to this Agreement, any filings under
the Securities Act or the Exchange Act.

 

(g)
Financial Statements. GTLL has previously delivered to Tersus GTLL’s financial statements consisting of the audited balance
sheet of GTLL’s business operations as of June 30, 2021 and 2020 and the related statements of income and cash flows for the years
then ended, and the unaudited balance sheet of GTLL’s business operations as of December 31, 2021 and the related statements of
income and cash flows for the six (6) month period then ended (the “GTLL’s Financial Statements”). GTLL’s
Financial Statements have been prepared in accordance with GAAP and are complete and correct and have been prepared from and substantially
conform with the books and records of GTLL and present fairly the financial condition and results of GTLL’s business operations
as of the dates and for the periods indicated.

 

(h)
Absence of Certain Changes, Events, and Conditions. Since December 31, 2021, none of the following has occurred, except that which
would not have a Material Adverse Effect:

 

(i)
material change in any method of accounting or accounting practice for the Business;

 

    	Page 7 of 23

     

    

 

(ii)
entry into any GTLL Contract;

 

(iii)
incurrence, assumption, or guarantee of any indebtedness for borrowed money in connection with GTLL’s business operations;

 

(iv)
transfer, assignment, sale, lien, or other disposition of any of GTLL’s assets except in the ordinary course of business;

 

(v)
cancellation of any debts or claims or amendment, termination, or waiver of any rights of GTLL;

 

(vi)
transfer, assignment, or grant of any license or sublicense of any material rights under or with respect to any of the Intellectual Property;

 

(vii)
material damage, destruction or loss, or any material interruption in use, of any of GTLL’s assets, whether or not covered by insurance;

 

(viii)
grant of any bonuses, whether monetary or otherwise, or any general wage or salary increases in respect of any employees, other than
as provided for in any written agreements or consistent with past practice, or change in the terms of employment for any employee;

 

(ix)
loan to, or entry into any other transaction with, any member, manager or employee of GTLL; or

 

(x)
any Contract to do any of the foregoing, or any action or omission that would result in any of the foregoing.

 

(i)
GTLL Contracts. Except as reflected in the GTLL Financial Statements or in filings by GTLL with the Securities and Exchange Commission,
there are no Contracts (i) by which any of GTLL’s assets are bound or affected; or (ii) to which GTLL is a party or by which it
is bound in connection with GTLL’s assets, excluding the contracts executed in association with this Agreement (any such Contracts
listed in Section 2.2(j) of the Disclosure Schedules, the “GTLL Contracts”). Any GTLL Contract is valid and binding
on GTLL in accordance with its terms and is in full force and effect. None of GTLL or, to GTLL’s Knowledge, any other party thereto
is in breach of or default under (or is alleged to be in breach of or default under), or has provided or received any notice of any intention
to terminate, any GTLL Contract. No event or circumstance has occurred that, to GTLL’s Knowledge, with notice or lapse of time
or both, would constitute an event of default under any GTLL Contract or result in a termination thereof or would cause or permit the
acceleration or other changes of any right or obligation or the loss of any benefit thereunder. Complete and correct copies of each GTLL
Contract (including all modifications, amendments, and supplements thereto and waivers thereunder) have been provided to GTLL. There
are no disputes pending or, to GTLL’s Knowledge, threatened under any GTLL Contract. The Parties acknowledge that GTLL may have
indebtedness of up to $50,000 as of the Closing, subject to approval by Tersus, not including indebtedness specifically incurred to benefit
Tersus.

 

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(j)
Title to, and Sufficiency of, Assets.

 

(i)
GTLL owns good, marketable title to all of its assets, free and clear of any Encumbrance, title imperfection, or restriction of any kind
whatsoever (whether accrued, absolute, contingent, or otherwise), except the Encumbrances reflected in the GTLL Financial Statements
or in filings by GTLL with the Securities and Exchange Commission.

 

(ii)
GTLL’s assets are sufficient for the continued conduct of its operations after the Closing in substantially the same manner as
conducted prior to the Closing and constitute all of the rights, property, and assets necessary to conduct GTLL’s business operations
as currently conducted.

 

(iii)
The Inventories will be, at the Closing, no less than ninety percent (90%) of the average inventory value for the previous ninety (90)
days, consist of a quality and quantity usable and salable in the ordinary course of business, except for obsolete, damaged, or slow-moving
items that have been written-off or written-down to fair market value or for which adequate reserves have been established.

 

(k)
Intellectual Property.

 

(i)
All required filings and fees related to the Intellectual Property Assets, the lack of which would have a Material Adverse Effect, have
been timely filed with and paid to the relevant Governmental Entities and authorized registrars, and all registrations relating to the
Intellectual Property Assets, the lack of which would have a Material Adverse Effect, are otherwise in good standing. GTLL has provided
Tersus, to Tersus’ satisfaction at the time of Closing, with true and complete copies of file histories, documents, certificates,
office actions, correspondence, and other materials related to all Intellectual Property Assets.

 

(ii)
GTLL owns all rights, title, and interest in and to the Intellectual Property Assets, free and clear of Encumbrances.

 

(l)
Legal Proceedings.

 

(i)
There are no legal proceedings pending or, to GTLL’s Knowledge, threatened against or by GTLL (a) relating to or affecting GTLL’s
business operations; or (b) that challenge or seek to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement;
and no event has occurred or circumstances exist that may give rise to, or serve as a basis for, any such Action.

 

(ii)
There are no outstanding and no unsatisfied judgments, penalties, or awards against, relating to, or affecting GTLL’s ability to
conduct its business operations.

 

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(m)
Compliance with Laws; Permits.

 

(i)
To GTLL’s Knowledge, GTLL has complied, and is now complying, with all Laws applicable to the conduct of its business operations
as currently conducted.

 

(ii)
All Permits required for GTLL to conduct its business operations as currently conducted, the lack of which would have a Material Adverse
Effect, have been obtained by GTLL and are valid and in full force and effect. All fees and charges with respect to such Permits as of
the date hereof have been paid in full.

 

(n)
Employment Matters.

 

(i)
As of the Effective Date and the Closing, (A) GTLL has one (1) employee, namely Jimmy Wayne Anderson, and no other employees, consultants
or contactors, and (B) all commissions and bonuses payable to Employees, consultants, or contractors of GTLL for services performed on
or prior to the Effective Date and the Closing have been paid in full and there are no outstanding agreements, understandings, or commitments
of GTLL with respect to any commissions, bonuses or increases in compensation. GTLL shall have the right, in its sole discretion, to
employ, retain, or contract with any of such persons.

 

(ii)
GTLL is not a party to, or bound by, any collective bargaining or other Contract with a labor organization representing any of its Employees,
and to GTLL’s Knowledge, there are no labor organizations representing, purporting to represent or attempting to represent any
Employee.

 

(iii)
To GTLL’s Knowledge, GTLL is and has been in compliance with all applicable Laws pertaining to employment and employment practices
to the extent they relate to the Employees. To GTLL’s Knowledge, all individuals characterized and treated by GTLL as consultants
or contractors of GTLL’s business operations are properly treated as independent contractors under all applicable Laws.

 

(o)
Taxes.

 

(i)
All Tax Returns required to be filed by GTLL for any period prior to Closing have been, or will be, timely filed. Such Tax Returns are,
or will be, true, complete and correct in all respects. All Taxes due and owing by GTLL (whether or not shown on any Tax Return) have
been, or will be, timely paid.

 

(ii)
GTLL has withheld and paid each Tax required to have been withheld and paid in connection with amounts paid or owing to any Employee,
independent contractor, creditor or other party, and complied with all information reporting and backup withholding provisions of applicable
Law.

 

(iii)
No extensions or waivers of statutes of limitations have been given or requested with respect to any Taxes of GTLL.

 

    	Page 10 of 23

     

    

 

(iv)
All deficiencies asserted, or assessments made, against GTLL as a result of any examinations by any taxing authority have been fully
paid.

 

(v)
GTLL is not a party to any Action by any taxing authority. There are no pending or, to GTLL’s Knowledge, threatened Actions by
any taxing authority.

 

(vi)
There are no Encumbrances for Taxes upon any of GTLL’s assets nor, to GTLL’s Knowledge, is any taxing authority in the process
of imposing any Encumbrances for Taxes on any of GTLL’s assets (other than for current Taxes not yet due and payable).

 

(p)
Guaranties. GTLL has not guaranteed any dividend, obligation, or indebtedness of any person; nor has any person guaranteed any
dividend, obligation, or indebtedness of GTLL.

 

(q)
Related Party Arrangements. Other than as contemplated by this Agreement, there are no obligations of GTLL to its respective current
or former members, shareholders, equity holders, managers, directors, officers, or employees.

 

(r)
Certain Fees. No brokerage or finder’s fees or commissions are or will be payable by GTLL to any broker, financial advisor
or consultant, finder, placement agent, investment banker, bank, or other person with respect to the transactions contemplated by this
Agreement.

 

(s)
Tersus Information. GTLL acknowledges that Tersus has made available to GTLL the opportunity to ask questions of and receive answers
from Tersus’ Directors and executive officers concerning the terms and conditions of this Agreement and the business and financial
condition of Tersus, and GTLL has received to its satisfaction, such information about the business and financial condition of Tersus
and the terms and conditions of the Agreement as it has requested. GTLL has carefully considered the potential risks relating to Tersus
and acquiring the Tersus Shares, and fully understands that Tersus’ Business and the high degree of risk associated therewith.

 

2.3
Representations and Warranties of the Tersus Shareholders. Each Tersus Shareholder, severally and not jointly, represents and
warrants to GTLL as follows:

 

(a)
Ownership of the Tersus Shares. The Tersus Shareholder owns the number of Tersus Shares corresponding to the Exchange Ratio and
the number of Exchange Shares issued to the Tersus Shareholder and stated in the Tersus’ Joinder Agreement, free and clear of all
liens, claims, rights, charges, encumbrances, and Security Interests of whatsoever nature or type, and the Tersus Shareholder represents
and warrants that the Tersus Shares represent the entire ownership interest of the Tersus Shareholder in Tersus.

 

    	Page 11 of 23

     

    

 

(b)
Power of Tersus Shareholder to Execute Agreement. The Tersus Shareholder has all requisite power and authority to enter into this
Agreement and to consummate the transactions contemplated by this Agreement. The execution and delivery of this Agreement by the Tersus
Shareholder and the consummation by the Tersus Shareholder of the transactions contemplated hereby have been (or at Closing will have
been) duly authorized by all necessary action on the part of the Tersus Shareholder. This Agreement has been duly executed and when delivered
by the Tersus Shareholder shall constitute a valid and binding obligation of the Tersus Shareholder, enforceable against the Tersus Shareholder,
as applicable, in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency or other similar laws
affecting the enforcement of creditors’ rights generally or by general principles of equity. The execution and delivery of this
Agreement do not, and the consummation of the transactions contemplated by this Agreement and compliance with the provisions hereof will
not, conflict with, or result in any breach or violation of, or default (with or without notice or lapse of time, or both) under, or
give rise to a right of termination, cancellation, or acceleration of or “put” right with respect to any obligation or to
a loss of a material benefit under, or result in the creation of any lien upon any of the properties or assets of the Tersus Shareholder
under, (i) any loan or credit agreement, note, bond, mortgage, indenture, lease or other agreement, instrument, permit, concession, franchise,
or license applicable to the Tersus Shareholder, its properties or assets; or (ii) subject to the governmental filings and other matters
referred to in the following sentence, any judgment, order, decree, statute, law, ordinance, rule, regulation, or arbitration award applicable
to the Tersus Shareholder, its properties or assets, other than any such conflicts would not prevent the Tersus Shareholder from consummating
the transactions contemplated by this Agreement.

 

(c)
Investment. The Tersus Shareholder is acquiring the Exchange Shares for Tersus Shareholder’s own account, and not directly
or indirectly for the account of any other person. The Tersus Shareholder is acquiring the Exchange Shares for investment and not with
a view to distribution or resale thereof except in compliance with the Securities Act and any applicable state law regulating securities.

 

(d)
Registration of Securities. The Tersus Shareholder must bear the economic risk of investment for an indefinite period of time
because the Exchange Shares have not been registered under the Securities Act and therefore cannot and will not be sold unless they are
subsequently registered under the Securities Act or an exemption from such registration is available. GTLL has made no representations,
warranties, or covenants whatsoever as to whether any exemption from the Securities Act, including, without limitation, any exemption
for limited sales in routine brokers’ transactions pursuant to Rule 144 under the Securities Act will become available. Transfer
of the Exchange Shares has not been registered or qualified under any applicable state law regulating securities and therefore the Exchange
Shares cannot and will not be sold unless it is subsequently registered or qualified under any such act or an exemption therefrom is
available. GTLL has made no representations, warranties or covenants whatsoever as to whether any exemption from any such act will become
available.

 

(e)
Access to Information. The Tersus Shareholder acknowledges that GTLL has made available to it the opportunity to ask questions
of and receive answers from GTLL’s management, including its officers and directors, concerning the terms and conditions of this
Agreement and the business and financial condition of GTLL, and the Tersus Shareholder has received such information about the business
and financial condition of GTLL and the terms and conditions of the Agreement as it has requested. The Tersus Shareholder understands
that the Exchange Shares are speculative investments, which involve a high degree of risk of loss of the Tersus Shareholder’s entire
investment.

 

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(f)
Sophistication. The Tersus Shareholder further represents and warrants that the Tersus Shareholder has such business or financial
expertise as to be able to protect the Tersus Shareholder’s own interests in connection with an investment in the Exchange Securities.
The Tersus Shareholder further represents that it has such knowledge and experience in financial and business matters that it is capable
of evaluating the merits and risk of such investment. The Tersus Shareholder also represents that it has not been organized for the purpose
of acquiring securities.

 

ARTICLE
III

ADDITIONAL AGREEMENTS

 

3.1
Confidentiality. The Parties to this Agreement may have disclosed in the past, or may disclose in the future, (verbally, in writing
and electronic format) to one or more of the other Parties certain financial information, trade secrets, know-how, equipment, standards
and specifications, proposed products and services, vendors, business plans, customer lists, prices, market and sales information and
plans, and other non-public information about their businesses and operations (“Confidential
Information”). Each party agrees to receive the Confidential Information in strict confidence
and not distribute, disclose, or disseminate any Confidential Information of another party except to its employees and contractors (under
at least the same obligation of confidentiality) with a need to know, and to its financial or legal advisors.

 

3.2
Reasonable Efforts. Upon the terms and subject to the conditions set forth in this Agreement, each Party agrees to use commercially
reasonable efforts to take, or cause to be taken, all actions, and to do, or cause to be done, and to assist and cooperate with the other
Parties in doing, all things necessary, proper or advisable to consummate and make effective, in the most expeditious manner practicable,
the Exchange and the other transactions contemplated by this Agreement. GTLL and Tersus shall mutually cooperate in order to facilitate
the achievement of the benefits reasonably anticipated from the Exchange.

 

3.4
Public Announcements. GTLL and Tersus will consult with each other before issuing, and provide each other the opportunity to review
and comment upon, any press release or other public statements with respect to the transactions contemplated by this Agreement and shall
not issue any such press release or make any such public statement prior to such consultation, except as may be required by applicable
law or court process. Each of the Parties hereto agree that the initial press release or subsequent releases to be issued with respect
to the transactions contemplated by this Agreement shall be mutually agreed upon prior to the issuance thereof.

 

3.5
Expenses. All costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be
paid by the Party incurring such expenses.

 

    	Page 13 of 23

     

    

 

3.6
Financial Statements. Prior to the Closing, Tersus will provide GTLL with audited and unaudited financial statements, as required
by Regulation S-X of the Exchange Act, in a timely manner such that Buyer may meet its filing obligations under the Exchange Act.

 

3.7
Tax Matters.

 

(a)
The Tersus Shareholders shall prepare (or cause to be prepared) all Tax Returns of Tersus for Pre-Closing Tax Periods. If any such Tax
Return is required to be filed by Tersus after the Closing Date, Parent shall timely file such Tax Return. The Tersus Shareholders shall
timely pay (or cause to be paid) to the applicable Governmental Entity all Taxes shown to be due on any Tax Return described in this
Section 3.8(a).

 

(b)
In order to apportion appropriately any Taxes relating to Straddle Periods, the parties hereto will, to the extent permitted by applicable
law, elect with the relevant Governmental Entity to treat for all purposes the Closing date as the last day of a taxable period of Tersus
(a “Short Period”).
In any case where applicable law does not permit Tersus to treat the Closing date as the last day of a Short Period, then for purposes
of this Agreement, the portion of each Tax that is attributable to the operations of Tersus for the period which would have qualified
as a Short Period if such election had been permitted by applicable law (an “Interim Period”)
shall be (i) in the case of any property Tax, ad valorem Tax, or exemption, allowance or deduction that is calculated on an annual basis
(including, but not limited to, depreciation and amortization deductions), the total amount of such Tax or item for the period in question
multiplied by a fraction, the numerator of which is the number of days in the Interim Period, and the denominator of which is the total
number of days in such Straddle Period, and (ii) in the case of any Tax or item not described in clause (i), the Tax that would be due
with respect to the Interim Period if such Interim Period were a Short Period determined based upon an interim closing of the books.

 

(c)
Notwithstanding anything to the contrary contained in this Agreement, the Tersus Shareholders shall have the sole right to control, through
counsel of their own choosing, the defense or settlement of any claim or proceeding relating to a Tax matter for Pre-Closing Tax Periods.

 

(d)
Each party hereto agrees to co-operate fully, as and to the extent reasonably requested by the other party, in connection with the filing
of any Tax Returns, any audit, litigation or other proceeding with respect to Taxes. The parties further agree, upon request, to use
their commercially reasonable efforts to obtain any certificate or other document from any Governmental Entity or any other Person as
may be necessary to mitigate, reduce or eliminate any Tax that could be imposed with respect to the transactions contemplated in this
Agreement.

 

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(e)
For purposes of this Agreement: (x) “Taxes”
shall mean (A) all federal, state, local or foreign taxes, charges, fees, imposts, levies or other assessments, including all net income,
gross receipts, capital, sales, use, ad valorem, value added, transfer, franchise, profits, inventory, capital stock, license, withholding,
payroll, employment, social security, unemployment, excise, severance, stamp, occupation, property and estimated taxes, customs duties,
fees, assessments and charges of any kind whatsoever, (B) all interest, penalties, fines, additions to tax or additional amounts imposed
by any Governmental Entity in connection with any item described in clause (A), and (C) any liability in respect of any items described
in clauses (A) or (B) payable by reason of contract, assumption, successor or transferee liability, operation of law, Treasury Regulation
Section 1.1502-6(a) (or any similar provision of law) or otherwise; (y) “Tax Returns”
shall mean any return, report, claim for refund, estimate, information return or statement or other similar document relating to or required
to be filed or actually filed with any Governmental Entity with respect to Taxes, including any schedule or attachment thereto, and including
any amendment thereof; and (z) “Pre-Closing Tax Period” means any taxable period
ending on or before the Closing date.

 

ARTICLE
IV

CONDITIONS PRECEDENT

 

4.1
Conditions to Each Party’s Obligation to Effect the Exchange. The obligation of each Party to effect the Exchange and otherwise
consummate the transactions contemplated by this Agreement is subject to the satisfaction, at or prior to the Closing, of each of the
following conditions:

 

(a)
GTLL Corporate Changes. Each of the following shall have been completed to the satisfaction of the Parties:

 

(i)
GTLL will have completed a merger with and into its wholly owned subsidiary sufficient to change its name to “Tersus Power, Inc.”,
a Delaware corporation, with an authorized capital of 500 million shares of common stock (of one class), and 10 million shares of preferred
stock (none of which will be authorized as a particular series);

 

(ii)
GTLL will have completed, and FINRA will have recognized and effectuated, a reverse split of its common stock in a range between 1-for-1,000
and 1-for-4,000, at a level that is acceptable to the Parties; and

 

(iii)
All of the holders of Series K preferred stock and Series L preferred stock will have converted their preferred shares into common stock
of GTLL.

 

(b)
Directors and Officers of GTLL. Effective at Closing, the parties identified on Exhibit F shall be appointed to GTLL’s Board
of Directors or as executive officers as indicated.

 

(c)
No Restraints. No temporary restraining order, preliminary or permanent injunction or other order preventing the consummation
of the Exchange shall have been issued by any court of competent jurisdiction or any other Governmental Entity having jurisdiction and
shall remain in effect, and there shall not be any applicable legal requirement enacted, adopted, or deemed applicable to the Exchange
that makes consummation of the Exchange illegal.

 

(d)
Governmental Approvals. All authorizations, consents, orders, declarations, or approvals of, or filings with, or terminations
or expirations of waiting periods imposed by, any Governmental Entity having jurisdiction which the failure to obtain, make or occur
would have a Material Adverse Effect on GTLL or Tersus shall have been obtained, made or occurred.

 

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(e)
No Litigation. There shall not be pending or threatened any suit, action or proceeding before any court, Governmental Entity or
authority (i) pertaining to the transactions contemplated by this Agreement; or (ii) seeking to prohibit or limit the ownership or operation
by Tersus, GTLL or any of its subsidiaries, or to dispose of or hold separate any material portion of the business or assets of Tersus
or GTLL.

 

4.2
Conditions Precedent to Obligations of GTLL. The obligation of GTLL to effect the Exchange and otherwise consummate the transactions
contemplated by this Agreement are subject to the satisfaction, at or prior to the Closing, of each of the following conditions:

 

(a)
Representations, Warranties and Covenants. The representations and warranties of Tersus and the Tersus Shareholders in this Agreement
shall be true and correct in all material respects (except for such representations and warranties that are qualified by their terms
by a reference to materiality or Material Adverse Effect, which representations and warranties as so qualified shall be true and correct
in all respects) both when made and on and as of the Effective Date; and Tersus and the Tersus Shareholders shall each have performed
and complied in all material respects with all covenants, obligations and conditions of this Agreement required to be performed and complied
with by each of them prior to the Effective Date.

 

(b)
Consents. GTLL shall have received evidence, in form and substance reasonably satisfactory to it, that such licenses, permits,
consents, approvals, authorizations, qualifications, and orders of governmental authorities and other third parties as necessary in connection
with the transactions contemplated hereby have been obtained.

 

4.3
Conditions Precedent to Obligation of Tersus and Tersus Shareholders. The obligation of Tersus and Tersus Shareholders to effect
the Exchange and otherwise consummate the transactions contemplated by this Agreement is subject to the satisfaction, at or prior to
the Closing, of each of the following conditions:

 

(a)
Representations, Warranties, and Covenants. The representations and warranties of GTLL in this Agreement shall be true and correct
in all material respects (except for such representations and warranties that are qualified by their terms by a reference to materiality
or Material Adverse Effect, which representations and warranties as so qualified shall be true and correct in all respects) both when
made and on and as of the Effective Date; and GTLL shall have performed and complied in all material respects with all covenants, obligations,
and conditions of this Agreement required to be performed and complied with by it prior to the Effective Date.

 

(b)
Consents. Tersus shall have received evidence, in form and substance reasonably satisfactory to it, that such licenses, permits,
consents, approvals, authorizations, qualifications, and orders of governmental authorities and other third parties as necessary in connection
with the transactions contemplated hereby have been obtained.

 

    	Page 16 of 23

     

    

 

ARTICLE
V

TERMINATION, RESCISSION, AMENDMENT, AND WAIVER

 

5.1
Termination.

 

(a)
This Agreement may be terminated:

 

(i)
by mutual written consent of GTLL and Tersus;

 

(ii)
by either GTLL or Tersus if any Governmental Entity shall have issued an order, decree, or ruling or taken any other action permanently
enjoining, restraining or otherwise prohibiting the Exchange and such order, decree, ruling, or other action shall have become final
and non-appealable;

 

(iii)
on or before the date which is thirty (30) days after the Closing, by either Party if the other Party has breached any representation
or warranty in this Agreement, and does not cure such breach within five (5) business days of notice of such breach; or

 

(iv)
by either GTLL or Tersus, if the Closing has not occurred on or before June 30, 2022.

 

5.2
Effect of Termination. In the event of termination of this Agreement by either Tersus or GTLL as provided in Section 5.1,
this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of GTLL, Tersus, or the
Tersus Shareholders. Nothing contained in this Section shall relieve any Party for any breach of the representations, warranties, covenants,
or agreements set forth in this Agreement.

 

5.3
Amendment. This Agreement may not be amended except by an instrument in writing signed on behalf of (a) GTLL; (b) Tersus; and
(c) Tersus Shareholders (i) if prior to the Closing, that hold a majority of the Tersus Shares to be exchanged for Exchange Shares pursuant
to this Agreement, or (ii) if after the Closing, that held at the Closing a majority of the Tersus Shares were exchanged for Exchange
Shares pursuant to this Agreement.

 

5.4
Return of Documents. In the event of termination or rescission of this Agreement for any reason, GTLL and Tersus will return to
the other Party all of the other Party’s documents, work papers, and other materials (including copies) relating to the transactions
contemplated in this Agreement, whether obtained before or after execution of this Agreement. GTLL and Tersus will not use any information
so obtained from the other Party for any purpose and will take all reasonable steps to have such other Party’s information kept
confidential.

 

    	Page 17 of 23

     

    

 

ARTICLE
VI

INDEMNIFICATION AND RELATED MATTERS

 

6.1
Expiration and Survival of Representations, Warranties and Covenants.

 

(a)
The representations, warranties and covenants of Tersus and each Tersus Shareholder set forth in this Agreement or in any instrument
delivered pursuant to this Agreement shall expire at the Closing, and Tersus and each Tersus Shareholder shall not have any liability
thereafter with respect to any breach or inaccuracy in such representations, warranties or covenants. For the avoidance of doubt, the
Tersus Shareholders shall have no liability or responsibility for the accuracy of the representations, warranties and covenants of Tersus
under this Agreement. The sole and exclusive remedy of GTLL with respect to the breach of any representation, warranty or covenant of
Tersus or any Tersus Shareholder shall be a termination of this Agreement prior to the Closing.

 

(b)
The representations and warranties of GTLL set forth in this Agreement or in any instrument delivered pursuant to this Agreement shall
survive until twenty-four (24) months after the Closing (except for with respect to Taxes which shall survive for the applicable statute
of limitations plus ninety (90) days, and covenants that by their terms survive for a longer period).

 

(c)
Except as otherwise provided in this Agreement, covenants set forth in this Agreement to be performed at or following the Closing shall
survive the Closing.

 

6.2
Indemnification.

 

(a)
GTLL shall indemnify and hold Tersus and the Tersus Shareholders, and their affiliates and assigns, harmless for, from and against any
and all liabilities, obligations, damages, losses, deficiencies, costs, penalties, interest, and expenses (including, but not limited
to, any and all expenses whatsoever reasonably incurred in investigating, preparing or defending against any litigation, commenced or
threatened, or any claim whatsoever) (collectively, “Losses”) to which Tersus, the Tersus Shareholders, or their affiliates
and assigns, may become subject resulting from or arising out of any breach of a representation, warranty or covenant made by GTLL as
set forth herein.

 

(b)
Each Tersus Shareholder shall indemnify and hold GTLL, and its affiliates and assigns, harmless for, from and against any and all Losses
to which GTLL, or its affiliates and assigns, may become subject resulting from or arising out of any breach of a representation, warranty,
or covenant made by such Tersus Shareholder.

 

    	Page 18 of 23

     

    

 

6.3
Notice of Indemnification. Promptly after the receipt by any indemnified Party (the “Indemnitee”)
of notice of the commencement of any action or proceeding against such Indemnitee, such Indemnitee shall, if a claim with respect thereto
is or may be made against any indemnifying Party (the “Indemnifying Party”)
pursuant to this Article VI, give such Indemnifying Party written notice of the commencement of such action or proceeding and
give such Indemnifying Party a copy of such claim and/or process and all legal pleadings in connection therewith. The failure to give
such notice shall not relieve any Indemnifying Party of any of its indemnification obligations contained in this Article VI, except
where, and solely to the extent that, such failure actually and materially prejudices the rights of such Indemnifying Party. Such Indemnifying
Party shall have, upon request within thirty (30) days after receipt of such notice, but not in any event after the settlement or compromise
of such claim, the right to defend, at its own expense and by its own counsel reasonably acceptable to the Indemnitee, any such matter
involving the asserted liability of the Indemnitee; provided, however, that if the Indemnitee determines that there is a reasonable probability
that a claim may materially and adversely affect it, other than solely as a result of money payments required to be reimbursed in full
by such Indemnifying Party under this Article VI or if a conflict of interest exists between Indemnitee and the Indemnifying Party,
the Indemnitee shall have the right to defend, compromise or settle such claim or suit; and, provided, further, that such settlement
or compromise shall not, unless consented to in writing by such Indemnifying Party, which shall not be unreasonably withheld, be conclusive
as to the liability of such Indemnifying Party to the Indemnitee. In any event, the Indemnitee, such Indemnifying Party and its counsel
shall cooperate in the defense against, or compromise of, any such asserted liability, and in cases where the Indemnifying Party shall
have assumed the defense, the Indemnitee shall have the right to participate in the defense of such asserted liability at the Indemnitee’s
own expense. In the event that such Indemnifying Party shall decline to participate in or assume the defense of such action, prior to
paying or settling any claim against which such Indemnifying Party is, or may be, obligated under this Article VI to indemnify
an Indemnitee, the Indemnitee shall first supply such Indemnifying Party with a copy of a final court judgment or decree holding the
Indemnitee liable on such claim or, failing such judgment or decree, the terms and conditions of the settlement or compromise of such
claim. An Indemnitee’s failure to supply such final court judgment or decree or the terms and conditions of a settlement or compromise
to such Indemnifying Party shall not relieve such Indemnifying Party of any of its indemnification obligations contained in this Article
VI, except where, and solely to the extent that, such failure actually and materially prejudices the rights of such Indemnifying
Party. If the Indemnifying Party is defending the claim as set forth above, the Indemnifying Party shall have the right to settle the
claim only with the consent of the Indemnitee.

 

6.4
Remedies. If GTLL has any indemnification liability to the Tersus Shareholders under this Agreement, the Tersus Shareholder shall
have the option, but not the obligation, to require that GTLL satisfy such indemnification obligation through the issuance of additional
GTLL common stock having aggregate fair market value equal to the indemnification obligation amount. If the GTLL common stock is then
publicly traded, its fair market value per share shall be the average closing price for the ten (10) trading day period ending five (5)
trading days prior to the date of determination of fair market value. For the absence of doubt, the foregoing remedy shall be cumulative
with, and not lieu of, any other remedy at law, equity or otherwise.

 

ARTICLE
VII

GENERAL PROVISIONS

 

7.1
Notices. Any and all notices and other communications hereunder shall be in writing and shall be deemed duly given to the Party
to whom the same is so delivered, sent or mailed at addresses and contact information set forth below (or at such other address for a
Party as shall be specified by like notice). Any and all notices or other communications or deliveries required or permitted to be provided
hereunder shall be deemed given and effective on the earliest of: (a) on the date of transmission, if such notice or communication is
delivered via facsimile at the facsimile number set forth on the signature pages attached hereto prior to 5:00 p.m. (Pacific Time) on
a business day; (b) on the next business day after the date of transmission, if such notice or communication is delivered via facsimile
at the facsimile number set forth on the signature pages attached hereto on a day that is not a business day or later than 5:00 p.m.
(Pacific Time) on any business day; (c) on the second business day following the date of mailing, if sent by a nationally recognized
overnight courier service; or (d) if by personal delivery, upon actual receipt by the Party to whom such notice is required to be given.

  

	 	If
    to GTLL:	Global
    Technologies, Ltd.
	 	 	510
    1st Avenue N., Suite 901
	 	 	St.
    Petersburg, FL 33701
	 	 	Attn:
    Jimmy Wayne Anderson
	 	 	Email: info@globaltechnologiesltd.info

 

    	Page 19 of 23

     

    

 

	 	If to Tersus:	Tersus Power Inc.
	 	 	1980
    Festival Drive, Suite 300
	 	 	Las
    Vegas, NV 89135
	 	 	Attn:
    Michael D. Rosen
	 	 	Email:
    Michael.rosen@tersuspower.com

 

with
a copy to (which shall not constitute notice):

 

	 	Clyde Snow & Sessions,
    PC
	 	201 S. Main Street, Suite
    2200
	 	Salt Lake City, UT 84111
	 	Attn: Brian A. Lebrecht
	 	Email: bal@clydesnow.com

 

	 	If to the	 
	 	Tersus Shareholders:	c/o Michael D. Rosen
	 	 	6959
    Sperry Street
	 	 	Dallas,
    TX 75214
	 	 	Email:
    Michael.rosen@tersuspower.com

 

7.2
Definitions. For purposes of this Agreement:

 

(a)
an “Affiliate” of any person means another person that directly or indirectly, through one or more intermediaries,
controls, is controlled by, or is under common control with, such first person;

 

(b)
“Intellectual Property” means all of the following and similar intangible property and related proprietary rights,
interests and protections, however arising, pursuant to the Laws of any jurisdiction throughout the world: (a) trademarks, service marks,
assumed names, trade names, brand names, logos, trade dress and other proprietary indicia of goods and services, whether registered,
unregistered or arising by Law, and all registrations and applications for registration of such trademarks, including intent-to-use applications,
and all issuances, extensions and renewals of such registrations and applications; (b) internet domain names, whether or not trademarks,
registered in any generic top level domain by any authorized private registrar or Governmental Authority; (c) original works of authorship
in any medium of expression, whether or not published, all copyrights (whether registered, unregistered or arising by Law), all registrations
and applications for registration of such copyrights, and all issuances, extensions and renewals of such registrations and applications;
(d) confidential information, formulas, designs, devices, technology, know-how, research and development, inventions, methods, processes,
compositions and other trade secrets, whether or not patentable; (e) patented and patentable designs and inventions, all design, plant
and utility patents, letters patent, utility models, pending patent applications and provisional applications and all issuances, divisions,
continuations, continuations-in-part, reissues, extensions, reexaminations and renewals of such patents and applications; and (f) any
manuals relating to operations, training, employment, including materials provided to any licensees.

 

    	Page 20 of 23

     

    

 

(c)
“Intellectual Property Assets” means all Intellectual Property that is owned by GTLL and used in or necessary for
the conduct of its business.

 

(d)
“Knowledge” shall mean actual then-current knowledge of the applicable Party or any director or executive officer
of the applicable Party;

 

(e)
“Material Adverse Effect” means, when used in connection with Tersus or GTLL, any change or effect that either individually
or in the aggregate with all other such changes or effects is materially adverse to the business, assets, properties, condition (financial
or otherwise) or results of operations of such Party and its subsidiaries taken as a whole (after giving effect in the case of GTLL to
the consummation of the Exchange);

 

(f)
“Ordinary course of business” means the ordinary course of business consistent with past custom and practice (including
with respect to quantity and frequency);

 

(g)
“Permits” means all permits, licenses, franchises, approvals, authorizations, registrations, certificates, variances
and similar rights obtained, or required to be obtained, from Governmental Entities.

 

(h)
“Person” means an individual, corporation, partnership, joint venture, association, trust, unincorporated organization
or other entity;

 

(i)
“Security Interest” means any mortgage, pledge, lien, encumbrance, deed of trust, lease, charge, right of first refusal,
easement, servitude, proxy, voting trust or agreement, transfer restriction under any shareholder or similar agreement or any other security
interest, other than (i) mechanic’s, materialmen’s, and similar liens; (ii) statutory liens for taxes not yet due and payable;
(iii) purchase money liens and liens securing rental payments under capital lease arrangements; (iv) pledges or deposits made in the
ordinary course of business in connection with workers’ compensation, unemployment insurance or other similar social security legislation;
and (v) encumbrances, security deposits or reserves required by law or by any Governmental Entity.

 

7.3
Interpretation. When a reference is made in this Agreement to a Section, Exhibit, or Schedule, such reference shall be to a Section
of, or an Exhibit or Schedule to, this Agreement unless otherwise indicated. The headings contained in this Agreement are for reference
purposes only and shall not affect in any way the meaning or interpretation of this Agreement. Whenever the words “include,”
“includes,” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without
limitation.”

 

    	Page 21 of 23

     

    

 

7.4
Entire Agreement; No Third-Party Beneficiaries. This Agreement and the other agreements referred to herein constitute the entire
agreement, and supersede all prior agreements and understandings, both written and oral, among the Parties with respect to the subject
matter of this Agreement. This Agreement is not intended to confer upon any person other than the Parties any rights or remedies.

 

7.5
Governing Law/Venue. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Nevada, regardless
of the laws that might otherwise govern under applicable principles of conflicts of laws thereof. Except as otherwise required by applicable
law, each party hereby irrevocably: (a) submits in any legal proceeding relating to this Agreement to the exclusive jurisdiction of any
state or United States court of competent jurisdiction sitting in the State of Nevada and agrees to suit being brought in such courts;
and (b) waives any objection it may now or hereafter have to the venue of such proceeding in any such court or that such proceeding was
brought in an inconvenient forum.

 

7.6
Assignment. Neither this Agreement nor any of the rights, interests, or obligations under this Agreement shall be assigned, in
whole or in part, by operation of law or otherwise by any of the Parties without the prior written consent of the other Parties. Subject
to the preceding sentence, this Agreement will be binding upon, inure to the benefit of, and be enforceable by, the Parties and their
respective successors and assigns.

 

7.7
Enforcement. The Parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were
not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the Parties shall be
entitled to an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of
this Agreement in any state or federal court located in the State of Nevada, this being in addition to any other remedy to which they
are entitled at law or in equity. In addition, each of the Parties hereto (a) agrees that it will not attempt to deny or defeat such
personal jurisdiction or venue by motion or other request for leave from any such court; and (b) agrees that it will not bring any action
relating to this Agreement or any of the transactions contemplated by this Agreement in any state court other than such court.

 

7.8
Severability. Whenever possible, each provision or portion of any provision of this Agreement will be interpreted in such manner
as to be effective and valid under applicable law but if any provision or portion of any provision of this Agreement is held to be invalid,
illegal, or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability
will not affect any other provision or portion of any provision in such jurisdiction, and this Agreement will be reformed, construed
and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision or portion of any provision had never been contained
herein.

 

7.9
Counterparts. This Agreement may be executed simultaneously in two or more counterparts, any one of which need not contain the
signatures of more than one Party, but all such counterparts taken together will constitute one and the same Agreement. This Agreement,
to the extent delivered by means of a facsimile machine or electronic mail (any such delivery, an “Electronic
Delivery”), shall be treated in all manner and respects as an original agreement or instrument,
and shall be considered to have the same binding legal effect as if it were the original signed version thereof delivered in person.
At the request of any Party hereto, each other Party hereto shall re-execute original forms hereof and deliver them in person to all
other Parties. No Party hereto shall raise the use of Electronic Delivery to deliver a signature or the fact that any signature or agreement
or instrument was transmitted or communicated through the use of Electronic Delivery as a defense to the formation of a contract, and
each such Party forever waives any such defense, except to the extent such defense related to lack of authenticity.

 

7.10
Attorneys’ Fees. In the event any suit or other legal proceeding is brought for the enforcement of any of the provisions
of this Agreement, the Parties hereto agree that the prevailing Party or Parties shall be entitled to recover from the other Party or
Parties upon final judgment on the merits reasonable attorneys’ fees, including attorneys’ fees for any appeal, and costs
incurred in bringing such suit or proceeding.

 

[remainder
of page intentionally left blank; signature page to follow]

 

    	Page 22 of 23

     

    

 

IN
WITNESS WHEREOF, the undersigned have executed this Agreement as of the Effective Date.

 

	“GTLL”	 	“Tersus”
	 	 	 
	Global
    Technologies, Ltd.,	 	Tersus
    Power Inc.,
	a
    Delaware corporation	 	a
    Nevada corporation
	 	 	 	 	 
	 	 	 	 	 
	By: 	Jimmy
    Wayne Anderson	 	By: 	Michael
    D. Rosen
	Its:	President	 	Its:	President
	 	 	 	 	 
	“Tersus
    Shareholders”	 	 	 
	 	 	 	 
	 	 	 	 	 
	Michael D. Rosen	 	William
    Bossung
	 	 	 	 	 
	WBD
    LLC	 	BB2
    Technology Group Inc.
	 	 	 
	 	 	 	 	 
	By:	Mark
    Weitz	 	By:	James
    Bartlett
	Its:	 	 	Its:	 

 

	

    EXHIBITS
	A	Tersus
    Shareholders
	B	Form
    of Tersus Representation Certificate
	C	Form
    of Tersus Officer’s Certificate
	D	Form
    of GTLL Representation Certificate
	E	Form
    of GTLL Officer’s Certificate
	F	Board
    Members and Officers
	G	GTLL’s
    Post-Closing Capitalization

 

    	Page 23 of 23

     

    

 

Exhibit
A

 

Tersus
Shareholders

 

	Name	 	No. of Tersus Shares	 	 	No. of Exchange Shares	 
	WBD LLC	 	 	3,500,000	 	 	 	      	(1)
	Michael D. Rosen	 	 	3,000,000	 	 	 		(1)
	William Bossung	 	 	3,000,000	 	 	 		(1)
	BB2 Technology Group Inc.	 	 	500,000	 	 	 		(1)
	Total	 	 	10,000,000	 	 	 		(1)

 

	 	(1)	To
    be determined and provided at Closing.

 

    	 

    	 

    

 

Exhibit
B

 

Form
of Tersus Representation Certificate

 

(see
attached)

 

    	 

    	 

    

 

Exhibit
C

 

Form
of Tersus Officer’s Certificate

 

(see
attached)

 

    	 

    	 

    

 

Exhibit
D

 

Form
of GTLL Representation Certificate

 

(see
attached)

 

    	 

    	 

    

 

Exhibit
E

 

Form
of GTLL Officer’s Certificate

 

(see
attached)

 

    	 

    	 

    

 

Exhibit
F

 

Members
of the Board of Directors

 

GTLL’s
Board of Directors will consist of the following, effective at Closing:

 

Jimmy
Wayne Anderson

Michael
Rosen

William
Bossung

 

Executive
Officer Appointments

 

Effective
at Closing, the following individuals will be appointed to the positions indicated:

 

Michael
Rosen – President

William
Bossung – Secretary and Chief Financial Officer

Jimmy
Wayne Anderson – Chief Compliance Officer

 

    	 

    	 

    

 

Exhibit
G

 

GTLL’s
Post-Closing Capitalization

 

(to
be completed at Closing)

 

 

	Total Issued and Outstanding Before Closing	 	 		(1)
	Tersus Shareholders	 	 		(1)
	Total Issued and Outstanding After Closing	 	 		(1)

 

	 	(1)	To
    be determined and provided at Closing.

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