Document:

Exhibit 10.3

 

NEITHER THIS NOTE NOR THE SECURITIES INTO
WHICH THIS NOTE IS CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”) OR ANY
STATE SECURITIES LAWS AND NEITHER THIS NOTE NOR ANY INTEREST THEREIN NOR THE SECURITIES INTO WHICH THIS NOTE IS CONVERTIBLE MAY
BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH
ACT AND SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS.

 

CONVERTIBLE
PROMISSORY NOTE

 

	Principal Amount:  $100,000.00	Issue Date: October 18, 2016
	 	Maturity Date: July 18, 2017

 

For good and valuable consideration, Chess
Supersite Corp., a Delaware corporation (“Maker”), hereby makes and delivers this Promissory Note
(this “Note”) in favor of Blackbridge Capital Growth Fund LLC, or its assigns (“Holder”),
and hereby agrees as follows:

 

ARTICLE I.

PRINCIPAL AND INTEREST

 

Section 1.1           For
value received, Maker promises to pay to Holder at such place as Holder or its assigns may designate in writing, in currently
available funds of the United States, the principal Amount of One Hundred Thousand Dollars ($100,000.00). Maker’s
obligation under this Note shall accrue interest at the rate of seven percent (7%) per annum from the date hereof until
paid in full. Interest shall be computed on the basis of a 365-day year or 366-day year, as applicable, and actual days lapsed.
Accrual of interest shall commence on the first business day to occur after the Issue Date and continue until payment in full
of the Principal Amount has been made or duly provided for.

 

Section 1.2           

a.           All
payments shall be applied first to interest, then to principal and shall be credited to the Maker's account on the date that such
payment is physically received by the Holder.

 

b.           All
principal and accrued interest then outstanding shall be due and payable by the Maker to the Holder on or before July 18, 2017
(the “Maturity Date”).

 

c.           Maker
shall prepay all or part of the principal and interest of the Note with the following penalties:

 

    	 	1	 

     

    

 

	PREPAY DATE	 	PREPAY AMOUNT
	≤ 30 days	 	118% of principal plus accrued interest
	31- 60 days	 	124% of principal plus accrued interest
	61-90 days	 	130% of principal plus accrued interest
	91-120 days	 	136% of principal plus accrued interest
	121-150 days	 	142% of principal plus accrued interest
	151-180 days	 	148% of principal plus accrued interest

 

This Note may not be prepaid after the 180th
day. Such redemption must be closed and funded within 3 days of giving notice of redemption of the right to redeem shall be null
and void.

 

d.           This
Note is free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive
rights or other similar rights of shareholders of the Maker and will not impose personal liability upon the holder thereof.

 

Section 1.3           This
Note is issued solely for value received, paid by Holder to Maker by wire (“Consideration”). The Principal Amount
due to Holder shall be prorated based on the consideration actually paid by Holder to Maker, such that the Maker is only required
to repay the amount of consideration and the Maker is not required to repay any unfunded portion of this Note.

ARTICLE II.

CONVERSION RIGHTS; CONVERSION PRICE

 

Section 2.1           Conversion.
The Holder or its assigns shall have the right, from time to time, commencing on the Issuance Date of this Note, to convert any
part of the outstanding interest or Principal Amount of this Note into fully paid and non-assessable shares of Common Stock of
the Maker (the “Notice Shares”) at the Conversion Price determined as provided herein. Promptly after delivery to
Maker of a Notice of Conversion of Convertible Note in the forms attached hereto as Exhibit 1, or any other form provided
by the Holder, properly completed and duly executed by the Holder or its assigns (a “Conversion Notice”), the Maker
shall issue and deliver to or upon the order of the Holder that number of shares of Common Stock for the that portion of this
Note to be converted as shall be determined in accordance herewith.

 

No fraction of a share or scrip representing
a fraction of a share will be issued on conversion, but the number of shares issuable shall be rounded to the nearest whole share.
The date on which Notice of Conversion is given (the “Conversion Date”) shall be deemed to be the date on which the
Holder faxes, mails or emails the Notice of Conversion duly executed to the Maker. Certificates representing Common Stock upon
conversion will be delivered to the Holder within two (2) trading days from the date the Notice of Conversion is delivered to the
Maker. Delivery of shares upon conversion shall be made to the address specified by the Holder or its assigns in the Notice of
Conversion.

 

Section 2.2.   Conversion Price. Upon
any conversion of this Note, the Conversion Price shall equal Fifty-seven and one half Percent (57.5%) of the lowest Trading Price
(defined below) during the Valuation Period (defined below), and the Conversion Amount shall be the amount of principal or interest
electively converted in the Conversion Notice. The total number of shares due under any conversion notice (“Notice Shares”)
will be equal to the Conversion Amount divided by the Conversion Price.

 

    	 	2	 

     

    

 

On the date that a Conversion Notice is delivered
to Holder, the Company shall deliver an estimated number of shares (“Estimated Shares”) to Holder’s brokerage
account equal to the Conversion Amount divided by 57.5% of the Market Price. “Market Price” shall mean the lowest of
the daily Trading Price for the Common Stock during the twenty (20) Trading Day period ending on the latest complete Trading Day
prior to the Conversion Date.

 

The “Valuation Period” shall mean
twenty (20) Trading Days, commencing on the first Trading Day following delivery and clearing of the Notice Shares in Holder’s
brokerage account, as reported by Holder (“Valuation Start Date”). If at any time, one or multiple times, during the
Valuation Period the number of Estimated Shares delivered to Holder is less than the Notice Shares, the company must immediately
deliver enough shares equal to the difference. A Conversion Amount will not be considered fully converted until the end of the
Valuation Period for that Conversion Amount.

 

In the event the Company experiences a DTC
“Chill” on its shares or the Company’s stock is NOT DWAC/FAST eligible, or the Company has a “Yield Sign”
on OTC Markets, at the time the Holder elects to convert the Note, the Conversion Price shall be decreased to 45% instead of 57.5%.

 

“Trading Price” means, for any
security as of any date, any trading price on the OTC Bulletin Board, or other applicable trading market (the “OTCBB”)
as reported by a reliable reporting service (“Reporting Service”) mutually acceptable to Maker and Holder (i.e. Bloomberg)
or, if the OTCBB is not the principal trading market for such security, the price of such security on the principal securities
exchange or trading market where such security is listed or traded. “Trading Day” shall mean any day on which the Common
Stock is tradable for any period on the OTCBB, or on the principal securities exchange or other securities market on which the
Common Stock is then being traded.

 

Section 2.3.          Reorganization,
Reclassification, Merger, Consolidation or Disposition of Assets. In case the Maker shall reorganize its capital, reclassify
its capital stock, consolidate or merge with or into another corporation (where the Maker is not the surviving corporation or where
there is a change in or distribution with respect to the Common Stock of the Maker), or sell, transfer or otherwise dispose of
all or substantially all its property, assets or business to another corporation and, pursuant to the terms of such reorganization,
reclassification, merger, consolidation or disposition of assets, shares of common stock of the successor or acquiring corporation,
or any cash, shares of stock or other securities or property of any nature whatsoever (including warrants or other subscription
or purchase rights) in addition to or in lieu of common stock of the successor or acquiring corporation (“Other Property”),
are to be received by or distributed to the holders of Common Stock of the Maker, then Holder shall have the right thereafter to
receive, upon conversion of this Note, the number of shares of common stock of the successor or acquiring corporation or of the
Maker, if it is the surviving corporation, and Other Property receivable upon or as a result of such reorganization, reclassification,
merger, consolidation or disposition of assets by a holder of the number of shares of Common Stock into which this Note is convertible
immediately prior to such event. In case of any such reorganization, reclassification, merger, consolidation or disposition of
assets, the successor or acquiring corporation (if other than the Maker) shall expressly assume the due and punctual observance
and performance of each and every covenant and condition of this Note to be performed and observed by the Maker and all the obligations
and liabilities hereunder, subject to such modifications as may be deemed appropriate (as determined in good faith by resolution
of the Board of Directors of the Maker) in order to provide for adjustments of the number of shares of common stock into which
this Note is convertible which shall be as nearly equivalent as practicable to the adjustments provided for in this Section 2.3(a).
For purposes of this Section 2.3(a), “common stock of the successor or acquiring corporation” shall include stock of
such corporation of any class which is not preferred as to dividends or assets over any other class of stock of such corporation
and which is not subject to redemption and shall also include any evidences of indebtedness, shares of stock or other securities
which are convertible into or exchangeable for any such stock, either immediately or upon the arrival of a specified date or the
happening of a specified event and any warrants or other rights to subscribe for or purchase any such stock. The foregoing provisions
of this Section 2.3(a) shall similarly apply to successive reorganizations, reclassifications, mergers, consolidations or disposition
of assets.

 

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Section 2.4.   Restrictions on Securities.
This Note has been issued by the Maker pursuant to the exemption from registration under the Securities Act of 1933, as amended
(the “Act”). None of this Note or the shares of Common Stock issuable upon conversion of this Note may be offered,
sold or otherwise transferred unless (i) they first shall have been registered under the Act and applicable state securities laws
or (ii) the Maker shall have been furnished with an opinion of legal counsel (in form, substance and scope reasonably acceptable
to Maker) to the effect that such sale or transfer is exempt from the registration requirements of the Act. Each certificate for
shares of Common Stock issuable upon conversion of this Note that have not been so registered and that have not been sold pursuant
to an exemption that permits removal of the applicable legend, shall bear a legend substantially in the following form, as appropriate:

 

THE SECURITIES REPRESENTED HEREBY
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”). THE SECURITIES REPRESENTED HEREBY MAY NOT BE
OFFERED, SOLD OR OTHERWISE TRANSFERRED UNLESS THEY ARE REGISTERED UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS, OR SUCH OFFERS,
SALES AND TRANSFERS ARE MADE PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THOSE LAWS.

 

Upon the request of a holder of a certificate
representing any shares of Common Stock issuable upon conversion of this Note, the Maker shall remove the foregoing legend from
the certificate or issue to such Holder a new certificate free of any transfer legend, if (a) with such request, the Maker shall
have received an opinion of counsel, reasonably satisfactory to the Maker in form, substance and scope, to the effect that any
such legend may be removed from such certificate or (b) a registration statement under the Act covering such securities is in effect.

 

    	 	4	 

     

    

 

Section 2.5.   Reservation of Common
Stock.

 

(a)          The
Maker covenants that during the period the Note is outstanding, it will reserve from its authorized and unissued Common Stock a
sufficient number of shares to provide for the issuance of Common Stock of the Maker upon the Conversion of the Note. The Maker
further covenants that its issuance of this Note shall constitute full authority to its officers who are charged with the duty
of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock of the Maker issuable
upon the conversion of this Note. The Maker will take all such reasonable action as may be necessary to assure that such shares
of Common Stock may be issued as provided herein without violation of any applicable law or regulation, or of any requirements
of the OTC Bulletin Board (or such other principal market upon which the Common Stock of the Maker may be listed or quoted).

 

(b)          The
Maker shall not by any action, including, without limitation, amending its certificate of incorporation or through any reorganization,
transfer of assets, consolidation, merger, 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, but will at all times in good faith assist in the carrying
out of all such terms and in the taking of all such actions as may be necessary or appropriate to protect the rights of Holder
against impairment. Without limiting the generality of the foregoing, the Maker will (a) not increase the par value of any shares
of Common Stock issuable upon the conversion of this Note above the amount payable therefor upon such conversion immediately prior
to such increase in par value, (b) take all such action as may be necessary or appropriate in order that the Maker may validly
and legally issue fully paid and nonassessable shares of Common Stock upon the conversion of this Note, and (c) use its best efforts
to obtain all such authorizations, exemptions or consents from any public regulatory body having jurisdiction thereof as may be
necessary to enable the Maker to perform its obligations under this Note.

 

(c)          Upon
the request of Holder, the Maker will at any time during the period this Note is outstanding acknowledge in writing, in form reasonably
satisfactory to Holder, the continuing validity of this Note and the obligations of the Maker hereunder.

 

(d)          Before
taking any action which would cause an adjustment reducing the current Conversion Price below the then par value, if any, of the
shares of Common Stock issuable upon conversion of the Notes, the Maker shall take any corporate action which may be necessary
in order that the Maker may validly and legally issue fully paid and non-assessable shares of such Common Stock at such adjusted
Conversion Price.

 

(e)          Before
taking any action which would result in an adjustment in the number of shares of Common Stock into which this Note is convertible
or in the Conversion Price, the Maker shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be
necessary from any public regulatory body or bodies having jurisdiction thereof.

 

(f)          If
at any time the Maker does not have a sufficient number of authorized and available shares of Common Stock for issuance upon conversion
of the Note, then the Maker shall call and hold a special meeting of its stockholders within forty-five (45) days of that time
for the sole purpose of increasing the number of authorized shares of Common Stock.

 

    	 	5	 

     

    

 

Section 2.6.   Maximum
Conversion.

 

The Holder shall not be entitled to convert
on a Conversion Date that amount of the Notes in connection with that number of shares of Common Stock which would be in excess
of the Amount of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on Conversation Date,
and (ii) the number of shares of Common Stock issuable upon the conversion of the Notes with respect to which the determination
of this provision is being made on a Conversion Date, which would result in beneficial ownership by the Holder and its Affiliates
of more than 9.99% of the outstanding shares of Common Stock of the Company on such Conversion Date. For the purposes of the provision
to the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities
Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder.

 

ARTICLE III.

REPRESENTATIONS AND WARRANTIES

 

Section 3.1.   The Holder represents and warrants to the Maker:

 

(a)          The
Holder of this Note, by acceptance hereof, agrees that this Note is being acquired for investment and that such Holder will not
offer, sell or otherwise dispose of this Note or the Common Stock issuable upon conversion hereof except under circumstances that
will not result in a violation of the Act or any application state securities laws or similar laws relating to the sale of securities;

 

(b)          That
Holder understands that none of this Note or the Common Stock issuable upon conversion hereof have been registered under the Securities
Act of 1933, as amended (the “Act”), in reliance upon the exemptions from the registration provisions of the Act and
any continued reliance on such exemption is predicated on the representations of the Holder set forth herein;

 

(c)          Holder
(i) has adequate means of providing for his current needs and possible contingencies, (ii) has no need for liquidity in this investment,
(iii) is able to bear the substantial economic risks of an investment in this Note for an indefinite period, (iv) at the present
time, can afford a complete loss of such investment, and (v) does not have an overall commitment to investments which are not readily
marketable that is disproportionate to Holder’s net worth, and Holder’s investment in this Note will not cause such
overall commitment to become excessive;

 

(d)          Holder
is an “accredited investor” (as defined in Regulation D promulgated under the Act) and the Holder’s total
investment in this Note does not exceed 10% of the Holder’s net worth; and

 

(e)          Holder
recognizes that an investment in the Maker involves significant risks and only investors who can afford the loss of their entire
investment should consider investing in the Maker and this Note.

 

    	 	6	 

     

    

 

Section 3.2           The
Maker represents and warrants to Holder:

 

(a)          Organization
and Qualification. The Maker and each of its Subsidiaries (as defined below), if any, is a corporation duly organized, validly
existing and in good standing under the laws of the jurisdiction in which it is incorporated, with full power and authority (corporate
and other) to own, lease, use and operate its properties and to carry on its business as and where now owned, leased, used, operated
and conducted. The Maker and each of its Subsidiaries is duly qualified as a foreign corporation to do business and is in good
standing in every jurisdiction in which its ownership or use of property or the nature of the business conducted by it makes such
qualification necessary except where the failure to be so qualified or in good standing would not have a Material Adverse Effect.
“Material Adverse Effect” means any material adverse effect on the business, operations, assets, financial condition
or prospects of the Maker or its Subsidiaries, if any, taken as a whole, or on the transactions contemplated hereby or by the agreements
or instruments to be entered into in connection herewith. “Subsidiaries” means any corporation or other organization,
whether incorporated or unincorporated, in which the Maker owns, directly or indirectly, any equity or other ownership interest.

 

(b)          Authorization;
Enforcement. (i) The Maker has all requisite corporate power and authority to enter into and perform this Note and to consummate
the transactions contemplated hereby and thereby and to issue the Common Stock, in accordance with the terms hereof, (ii) the execution
and delivery of this Note by the Maker and the consummation by it of the transactions contemplated hereby and thereby (including
without limitation, the issuance of the Note and the issuance and reservation for issuance of the Common Stock issuable upon conversion
or exercise hereof) have been duly authorized by the Maker’s Board of Directors and no further consent or authorization of
the Maker, its Board of Directors, or its shareholders is required, (iii) this Note has been duly executed and delivered by the
Maker by its authorized representative, and such authorized representative is the true and official representative with authority
to sign this Note and the other documents executed in connection herewith and bind the Maker accordingly, and (iv) this Note constitutes,
a legal, valid and binding obligation of the Maker enforceable against the Maker in accordance with its terms.

 

(c)          Issuance
of Shares. The Notice Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with
its respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances
with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the
Maker and will not impose personal liability upon the holder thereof.

 

(d)          Acknowledgment
of Dilution. The Maker understands and acknowledges the potentially dilutive effect to the Common Stock upon the issuance of
the Notice Shares upon conversion of this Note. The Maker further acknowledges that its obligation to issue Notice Shares upon
conversion of this Note is absolute and unconditional regardless of the dilutive effect that such issuance may have on the ownership
interests of other shareholders of the Maker.

 

    	 	7	 

     

    

 

(e)          Acknowledgement
of Current Financial Statements. The Maker acknowledges that during the existence of this Note, it will not be late or delinquent
in filing its financial statements with the requisite reporting bodies.

 

ARTICLE IV.

EVENTS OF DEFAULT

 

Section 4.1.          Default.
The following events shall be defaults under this Note: (“Events of Default”):

 

(a)          default
in the due and punctual payment of all or any part of any payment of interest or the Principal Amount as and when such amount or
such part thereof shall become due and payable hereunder; or

 

(b)          failure
on the part of the Maker duly to observe or perform in all material respects any of the covenants or agreements on the part of
the Maker contained herein (other than those covered by clause (a) above) for a period of 5 business days after the date on which
written notice specifying such failure, stating that such notice is a “Notice of Default” hereunder and demanding that
the Maker remedy the same, shall have been given by the Holder by registered or certified mail, return receipt requested, to the
Maker; or

 

(c)          any
representation, warranty or statement of fact made by the Maker herein when made or deemed to have been made, false or misleading
in any material respect; provided, however, that such failure shall not result in an Event of Default to the extent
it is corrected by the Maker within a period of 5 business days after the date on which written notice specifying such failure,
stating that such notice is a “Notice of Default” hereunder and demanding that the Maker remedy same, shall have been
given by the Holder by registered or certified mail, return receipt requested; or

 

(d)          any
of the following actions by the Maker pursuant to or within the meaning title 11, U.S. Code or any similar federal or state law
for the relief of debtors (collectively, the “Bankruptcy Law”): (A) commencement of a voluntary case or proceeding,
(B) consent to the entry of an order for relief against it in an involuntary case or proceeding, (C) consents to the appointment
of a receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law (each, a “Custodian”), of
it or for all or substantially all of its property, (D) a general assignment for the benefit of its creditors, or (E) admission
in writing its inability to pay its debts as the same become due; or

 

(e)          entry
by a court of competent jurisdiction of an order or decree under any Bankruptcy Law that: (A) is for relief against the Maker in
an involuntary case, (B) appoints a Custodian of the Maker or for all or substantially all of the property of the Maker, or (C)
orders the liquidation of the Maker, and such order or decree remains unstayed and in effect for 60 days.

 

Section 4.2.          Remedies
Upon Default. Upon the occurrence of an event of default by Maker under this Note or at any time before default when the Holder
reasonably feels insecure, then, in addition to all other rights and remedies at law or in equity, Holder may exercise any one
or more of the following rights and remedies:

 

    	 	8	 

     

    

 

a.          Accelerate the time
for payment of all amounts payable under this Note by written notice thereof to Maker, whereupon all such amounts shall be immediately
due and payable.

 

b.          Pursue any other rights
or remedies available to Holder at law or in equity.

 

c.          The Holder shall receive
Liquidated Damages of $500 per day per Event of Default the Maker is in Default pursuant to this Note.

 

Section 4.3.   Payment
of Costs. The Maker shall reimburse the Holder, on demand, for any and all reasonable costs and expenses, including
reasonable attorneys’ fees and disbursement and court costs, incurred by the Holder in collecting or otherwise enforcing
this Note or in attempting to collect or enforce this Note.

 

Section 4.4.   Powers and Remedies
Cumulative; Delay or Omission Not Waiver of Default. No right or remedy herein conferred upon or reserved to the Holder is
intended to be exclusive of any other right or remedy available to Holder under applicable law, and every such right and remedy
shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or
hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise,
shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. No delay or omission of the
Holder to exercise any right or power accruing upon any Default occurring and continuing as aforesaid shall impair any such right
or power or shall be construed to be a waiver of any such Default or an acquiescence therein; and every power and remedy given
by this Note or by law may be exercised from time to time, and as often as shall be deemed expedient, by the Holder.

 

Section 4.5.   Waiver of Past Defaults.
The Holder may waive any past default or Event of Default hereunder and its consequences but no such waiver shall extend to any
subsequent or other default or Event of Default or impair any right consequent thereon.

 

Section 4.6.   Waiver of Presentment
etc. The Maker hereby waives presentment, demand, notice, protest and all other demands and notices in connection with the
delivery, acceptance, performance and enforcement of this Note, except as specifically provided herein.

 

ARTICLE V.

MISCELLANEOUS

 

Section 5.1.   Notices. Any notice
herein required or permitted to be given shall be in writing and may be personally served or delivered by courier or sent by United
States mail and shall be deemed to have been given upon receipt if personally served (which shall include telephone line facsimile
transmission) or sent by courier or three (3) days after being deposited in the United States mail, certified, with postage pre-paid
and properly addressed, if sent by mail. For the purposes hereof, the address of the Holder shall be 450 7th Ave., Suite
609, New York, NY 10123; and the address of the Maker shall be 1131A Leslie Street, Suite 101, Toronto, ONT M3C 3L8 Canada . Both
the Holder or its assigns and the Maker may change the address for service by delivery of written notice to the other as herein
provided.

 

    	 	9	 

     

    

 

Section 5.2.   Amendment. This
Note and any provision hereof may be amended only by an instrument in writing signed by the Maker and the Holder.

 

Section 5.3.   Assignability. This
Note shall be binding upon the Maker and its successors and assigns and shall inure to be the benefit of the Holder and its successors
and assigns; provided, however, that so long as no Event of Default has occurred, this Note shall only be transferable in whole
subject to the restrictions contained in the restrictive legend on the first page of this Note.

 

Section 5.4.   Governing Law. This
Note shall be governed by the internal laws of the State of New York, without regard to conflicts of laws principles.

 

Section 5.5.   Replacement of Note.
The Maker covenants that upon receipt by the Maker of evidence reasonably satisfactory to it of the loss, theft, destruction or
mutilation of this Note, and in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it (which
shall not include the posting of any bond), and upon surrender and cancellation of such Note, if mutilated, the Maker will make
and deliver a new Note of like tenor.

 

Section 5.6.   This Note shall not entitle
the Holder to any of the rights of a stockholder of the Maker, including without limitation, the right to vote, to receive dividends
and other distributions, or to receive any notice of, or to attend, meetings of stockholder or any other proceedings of the Maker,
unless and to the extent converted into shares of Common Stock in accordance with the terms hereof.

 

Section 5.7.   Severability. In
case any provision of this Note is held by a court of competent jurisdiction to be excessive in scope or otherwise invalid or unenforceable,
such provision shall be adjusted rather than voided, if possible, so that it is enforceable to the maximum extent possible, and
the validity and enforceability of the remaining provisions of this Note will not in any way be affected or impaired thereby.

 

Section 5.8.   Headings. The headings
of the sections of this Note are inserted for convenience only and do not affect the meaning of such section.

 

Section 5.9.   Counterparts. This
Note may be executed in multiple counterparts, each of which shall be an original, but all of which shall be deemed to constitute
one instrument.

 

    	 	10	 

     

    

 

IN WITNESS WHEREOF, with
the intent to be legally bound hereby, the Maker as executed this Note as of the date first written above.

 

	Chess Supersite Corp.	 
	 	 
	 	 
	By: Rubin Schindermann	 
	Its: CEO	 

 

	Acknowledged and Agreed:	 
	 	 
	Blackbridge Capital Growth Fund LLC.	 
	 	 
	 	 
	By:  Alexander Dillon	 
	Its:  Partner	 

 

    	 	11	 

     

    

 

EXHIBIT 1

 

CONVERSION NOTICE

 

 

 

(To be executed by the Holder in order to Convert
the Note)

 

TO:

 

The
undersigned hereby irrevocably elects to convert US$ ________ of the Principal Amount of the above Note into Shares of Common Stock
of Chess Supersite Corp., according to the conditions
stated therein, as of the Conversion Date written below. If shares are to be issued in the name of a person other than the undersigned,
the undersigned will pay all transfer taxes payable with respect thereto and is delivering herewith such certificates and opinions
as reasonably requested by the Maker in accordance therewith. No fee will be charged to the Holder for any conversion, except for
such transfer taxes, if any.

 

Conversion Date: ___________________________________________

 

Applicable Conversion Price: $____________

 

	Signature:	 	 
	 	 	 
	Name:	 	 
	 	 	 
	Address:	 	 
	 	 	 
	 	 	 
	 	 	 
	Tax I.D. or Soc. Sec. No:  	 	 

 

Principal Amount to be converted:

US$________________________________________

 

Amount of Note unconverted:

US$________________________________________

 

Number of shares of Common Stock to be issued: ________________________

 

    	 	12	 

     

    

 

Insert Checks / Proof of Wire Here

 

    	 	13	 

     

    

 

CORPORATE RESOLUTION OF THE 

BOARD OF DIRECTORS OF Chess
Supersite Corp. 

 

We, the undersigned, do hereby certify that
at a meeting of the Board of Directors of Chess Supersite Corp., a Delaware corporation organized under the laws of the State of
Delaware (the “Corporation”), duly held on October 18, 2016 at the offices of the Corporation, which said meeting no
less than two directors were present and voting throughout, the following resolution, upon motions made, seconded and carried,
was duly adopted and is now in full force and effect:

 

WHEREAS, the Board of Directors of the
Corporation deem it in the best interests of the Corporation to enter into the Convertible Promissory Note dated October 18, 2016
(the “Note”), in the aggregate principal amounts of $100,000.00 (the “Note”), convertible into shares of
common stock, par value $0.0001 per share, of the Company (the “Common Stock”), upon the terms and subject to the limitations
and conditions set forth in such Note, along with an irrevocable letter agreement with VStock Transfer LLC the Corporation’s
transfer agent, with respect to the reserve of shares of common stock of the Corporation to be issued upon any conversion of the
Note; the issuance of such shares of common stock in connection with a conversion of the Note; and the indemnification of VStock
Transfer LLC for all loss, liability, or expense in carrying out the authority and direction contained in the irrevocable letter
agreement (the “Letter Agreement”);

 

NOW, THEREFORE, BE IT:

 

RESOLVED, that the Corporation is hereby
authorized to enter into the Note and the Letter Agreement which provides in pertinent part: (i) reserve shares of common stock
of the Corporation to be issued upon any conversion of the Note; (ii) issue such shares of common stock in connection with a conversion
of the Note (issuance upon receipt of a notice of conversion of the holder of the Note) without any further action or confirmation
by the Corporation; (iii) hereby authorizes the issuance of such number of shares as will be necessary to fully convert the note
under its terms, including issuances subsequent to the initial conversion and/or those due under Section 2.2 of the Note, and any
such shares shall be considered fully paid and non-assessable at the time of their issuance and (iv) the Corporation indemnifies
VStock Transfer LLC, liability, or expense in carrying out the authority and direction contained in the Letter Agreement:

 

RESOLVED, that any executive officer
of the Corporation be, and hereby is, authorized, empowered and directed, from time to time, to take such additional action and
to execute, certify and deliver to the transfer agent of the Corporation, as any appropriate or proper to implement the provisions
of the foregoing resolutions:

 

The undersigned, do hereby certify that we are
members of the Board of Directors of the Corporation; that the attached is a true and correct copy of resolutions duly adopted
and ratified at a meeting of the Board of Directors of the Corporation duly convened and held in accordance with its by-laws and
the laws of the State of Delaware, as transcribed by us from the minutes; and that the same have not in any way been modified,
repealed or rescinded and are in full force and effect.

 

IN WITNESS WHEREOF, We have hereunto set our
hands as CEO and Members of the Board of Directors of the Corporation.

 

Dated: ________________

Members of the Board:

 

	 	 	 	 
	Title:	 	Title:	 
	 	 	 	 
	 	 	 	 
	Title:	 	Title:	 

 

    	 	14Exhibit 10.4

 

NEITHER THIS NOTE NOR THE SECURITIES INTO
WHICH THIS NOTE IS CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”) OR ANY
STATE SECURITIES LAWS AND NEITHER THIS NOTE NOR ANY INTEREST THEREIN NOR THE SECURITIES INTO WHICH THIS NOTE IS CONVERTIBLE MAY
BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH
ACT AND SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS.

 

CONVERTIBLE
PROMISSORY NOTE

 

	Principal Amount:  $140,000.00	Issue Date: October 18, 2016
	 	Maturity Date: July 18, 2017

 

For good and valuable consideration, Chess
Supersite Corp. a Delaware corporation (“Maker”), hereby makes and delivers this Promissory Note (this “Note”)
in favor of Blackbridge Capital Growth Fund, LLC, or its assigns (“Holder”), and hereby agrees as follows:

 

ARTICLE I.

PRINCIPAL AND INTEREST

 

Section 1.1           For
value received, Maker promises to pay to Holder at such place as Holder or its assigns may designate in writing, in currently
available funds of the United States, the principal sum of One Hundred Forty Thousand Dollars ($140,000.00). Maker’s
obligation under this Note shall accrue interest at the rate of Seven (7.0%) per annum from the date hereof until paid in
full. Interest shall be computed on the basis of a 365-day year or 366-day year, as applicable, and actual days lapsed. Accrual
of interest shall commence on the first business day to occur after the Issue Date and continue until payment in full of the principal
sum has been made or duly provided for.

 

Section 1.2

a.           All
payments shall be applied first to interest, then to principal and shall be credited to the Maker's account on the date that such
payment is physically received by the Holder.

 

b.           All
principal and accrued interest then outstanding shall be due and payable by the Maker to the Holder on or before July 18, 2017
(the “Maturity Date”).

 

c.           Maker
shall have no right to prepay all or any part of the principal under this Note.

 

d.           This
Note is free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive
rights or other similar rights of shareholders of the Maker and will not impose personal liability upon the holder thereof.

 

     

     

    

 

Section 1.3           This
Note is issued as the Commitment Fee pursuant to Section 1. f of Securities Purchase Agreement dated October 18, 2016, and attached
below.

 

ARTICLE II.

CONVERSION RIGHTS; CONVERSION PRICE

 

Section 2.1           Conversion.
The Holder or its assigns shall have the right, from time to time, commencing nine months from the Issuance Date of this Note,
to convert any part of the outstanding interest or Principal Amount of this Note into fully paid and non-assessable shares of
Common Stock of the Maker (the “Conversion Stock”) at the Conversion Price determined as provided herein. Promptly
after delivery to Maker of a Notice of Conversion of Convertible Note in the form attached hereto as Exhibit 1, properly
completed and duly executed by the Holder or its assigns (a “Conversion Notice”), the Maker shall issue and deliver
to or upon the order of the Holder that number of shares of Common Stock for the that portion of this Note to be converted as
shall be determined in accordance herewith.

 

No fraction of a share or scrip representing
a fraction of a share will be issued on conversion, but the number of shares issuable shall be rounded to the nearest whole share.
The date on which Notice of Conversion is given (the “Conversion Date”) shall be deemed to be the date on which the
Holder faxes or emails the Notice of Conversion duly executed to the Maker. Certificates representing Common Stock upon conversion
will be delivered to the Holder within two (2) trading days from the date the Notice of Conversion is delivered to the Maker. Delivery
of shares upon conversion shall be made to the address specified by the Holder or its assigns in the Notice of Conversion.

 

Section 2.2.  Conversion Price.
Upon any conversion of this Note, the Conversion Price shall equal to Eighty Percent (80%) of the lowest Trading Price (defined
below) during the Valuation Period (defined below), and the Conversion Amount shall be the amount of principal or interest electively
converted in the Conversion Notice. The total number of shares due under any conversion notice (“Notice Shares”) will
be equal to the Conversion Amount divided by the Conversion Price.

 

On the date that a Conversion Notice is delivered
to Holder, the Company shall deliver an estimated number of shares (“Estimated Shares”) to Holder’s brokerage
account equal to the Conversion Amount divided by the product of (i) Eighty Percent (80%) and (ii) the lowest trading price in
the twenty trading days prior to the day the Holder requests conversion.

 

The “Valuation Period” shall mean
twenty (20) Trading Days, commencing on the first Trading Day following delivery and clearing of the Notice Shares in Holder’s
brokerage account, as reported by Holder (“Valuation Start Date”). If at any time, one or multiple times, during the
Valuation Period the sum of Estimated Shares and Additional Shares already delivered to Holder is less than the Notice Shares,
the company must immediately deliver enough shares equal to the difference (“Additional Shares”). A Conversion Amount
will not be considered fully converted until the end of the Valuation Period for that Conversion Amount, as decreases in the Conversion
Price would require the issuance of more Additional Shares, and thereby the issuance of more Notice Shares.

 

     

     

    

 

“Trading Price” means, for any
security as of any date, any trading price on the OTC Bulletin Board, or other applicable trading market (the “OTCBB”)
as reported by a reliable reporting service (“Reporting Service”) mutually acceptable to Maker and Holder (i.e. Bloomberg)
or, if the OTCBB is not the principal trading market for such security, the price of such security on the principal securities
exchange or trading market where such security is listed or traded. “Trading Day” shall mean any day on which the Common
Stock is tradable for any period on the OTCBB, or on the principal securities exchange or other securities market on which the
Common Stock is then being traded.

 

Section 2.3.          Reorganization,
Reclassification, Merger, Consolidation or Disposition of Assets. In case the Maker shall reorganize its capital, reclassify
its capital stock, consolidate or merge with or into another corporation (where the Maker is not the surviving corporation or
where there is a change in or distribution with respect to the Common Stock of the Maker), or sell, transfer or otherwise dispose
of all or substantially all its property, assets or business to another corporation and, pursuant to the terms of such reorganization,
reclassification, merger, consolidation or disposition of assets, shares of common stock of the successor or acquiring corporation,
or any cash, shares of stock or other securities or property of any nature whatsoever (including warrants or other subscription
or purchase rights) in addition to or in lieu of common stock of the successor or acquiring corporation (“Other Property”),
are to be received by or distributed to the holders of Common Stock of the Maker, then Holder shall have the right thereafter
to receive, upon conversion of this Note, the number of shares of common stock of the successor or acquiring corporation or of
the Maker, if it is the surviving corporation, and Other Property receivable upon or as a result of such reorganization, reclassification,
merger, consolidation or disposition of assets by a holder of the number of shares of Common Stock into which this Note is convertible
immediately prior to such event. In case of any such reorganization, reclassification, merger, consolidation or disposition of
assets, the successor or acquiring corporation (if other than the Maker) shall expressly assume the due and punctual observance
and performance of each and every covenant and condition of this Note to be performed and observed by the Maker and all the obligations
and liabilities hereunder, subject to such modifications as may be deemed appropriate (as determined in good faith by resolution
of the Board of Directors of the Maker) in order to provide for adjustments of the number of shares of common stock into which
this Note is convertible which shall be as nearly equivalent as practicable to the adjustments provided for in this Section 2.3(a).
For purposes of this Section 2.3(a), “common stock of the successor or acquiring corporation” shall include stock
of such corporation of any class which is not preferred as to dividends or assets over any other class of stock of such corporation
and which is not subject to redemption and shall also include any evidences of indebtedness, shares of stock or other securities
which are convertible into or exchangeable for any such stock, either immediately or upon the arrival of a specified date or the
happening of a specified event and any warrants or other rights to subscribe for or purchase any such stock. The foregoing provisions
of this Section 2.3(a) shall similarly apply to successive reorganizations, reclassifications, mergers, consolidations or disposition
of assets.

 

     

     

    

 

Section 2.4.  Restrictions
on Securities. This Note has been issued by the Maker pursuant to the exemption from registration under the Securities Act
of 1933, as amended (the “Act”). None of this Note or the shares of Common Stock issuable upon conversion of this Note
may be offered, sold or otherwise transferred unless (i) they first shall have been registered under the Act and applicable state
securities laws or (ii) the Maker shall have been furnished with an opinion of legal counsel (in form, substance and scope reasonably
acceptable to Maker) to the effect that such sale or transfer is exempt from the registration requirements of the Act. Each certificate
for shares of Common Stock issuable upon conversion of this Note that have not been so registered and that have not been sold pursuant
to an exemption that permits removal of the applicable legend, shall bear a legend substantially in the following form, as appropriate:

 

THE SECURITIES REPRESENTED HEREBY
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”). THE SECURITIES REPRESENTED HEREBY MAY NOT BE
OFFERED, SOLD OR OTHERWISE TRANSFERRED UNLESS THEY ARE REGISTERED UNDER THE ACT AND APPLICABLE STATE SECURITIES LAWS, OR SUCH OFFERS,
SALES AND TRANSFERS ARE MADE PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THOSE LAWS.

 

Upon the request of a holder of a certificate
representing any shares of Common Stock issuable upon conversion of this Note, the Maker shall remove the foregoing legend from
the certificate or issue to such Holder a new certificate free of any transfer legend, if (a) with such request, the Maker shall
have received an opinion of counsel, reasonably satisfactory to the Maker in form, substance and scope, to the effect that any
such legend may be removed from such certificate or (b) a registration statement under the Act covering such securities is in effect.

 

Section 2.5.  Reservation
of Common Stock.

 

(a)          The
Maker covenants that during the period the Note is outstanding, it will reserve from its authorized and unissued Common Stock a
sufficient number of shares to provide for the issuance of Common Stock of the Maker upon the Conversion of the Note. The Maker
further covenants that its issuance of this Note shall constitute full authority to its officers who are charged with the duty
of executing stock certificates to execute and issue the necessary certificates for shares of Common Stock of the Maker issuable
upon the conversion of this Note. The Maker will take all such reasonable action as may be necessary to assure that such shares
of Common Stock may be issued as provided herein without violation of any applicable law or regulation, or of any requirements
of the OTC Bulletin Board (or such other principal market upon which the Common Stock of the Maker may be listed or quoted).

 

(b)          The
Maker shall not by any action, including, without limitation, amending its certificate of incorporation or through any reorganization,
transfer of assets, consolidation, merger, 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, but will at all times in good faith assist in the carrying
out of all such terms and in the taking of all such actions as may be necessary or appropriate to protect the rights of Holder
against impairment. Without limiting the generality of the foregoing, the Maker will (a) not increase the par value of any shares
of Common Stock issuable upon the conversion of this Note above the amount payable therefor upon such conversion immediately prior
to such increase in par value, (b) take all such action as may be necessary or appropriate in order that the Maker may validly
and legally issue fully paid and non-assessable shares of Common Stock upon the conversion of this Note, and (c) use its best efforts
to obtain all such authorizations, exemptions or consents from any public regulatory body having jurisdiction thereof as may be
necessary to enable the Maker to perform its obligations under this Note.

 

     

     

    

 

(c)          Upon
the request of Holder, the Maker will at any time during the period this Note is outstanding acknowledge in writing, in form reasonably
satisfactory to Holder, the continuing validity of this Note and the obligations of the Maker hereunder.

 

(d)          Before
taking any action which would cause an adjustment reducing the current Conversion Price below the then par value, if any, of the
shares of Common Stock issuable upon conversion of the Notes, the Maker shall take any corporate action which may be necessary
in order that the Maker may validly and legally issue fully paid and non-assessable shares of such Common Stock at such adjusted
Conversion Price.

 

(e)          Before
taking any action which would result in an adjustment in the number of shares of Common Stock into which this Note is convertible
or in the Conversion Price, the Maker shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be
necessary from any public regulatory body or bodies having jurisdiction thereof.

 

(f)          If
at any time the Maker does not have a sufficient number of authorized and available shares of Common Stock for issuance upon conversion
of the Note, then the Maker shall call and hold a special meeting of its stockholders within forty-five (45) days of that time
for the sole purpose of increasing the number of authorized shares of Common Stock.

 

Section 2.6.  Maximum
Conversion.

 

The Holder shall not be entitled to convert
on a Conversion Date that amount of the Notes in connection with that number of shares of Common Stock which would be in excess
of the sum of (i) the number of shares of Common Stock beneficially owned by the Holder and its affiliates on Conversation Date,
and (ii) the number of shares of Common Stock issuable upon the conversion of the Notes with respect to which the determination
of this provision is being made on a Conversion Date, which would result in beneficial ownership by the Holder and its Affiliates
of more than 9.99% of the outstanding shares of Common Stock of the Company on such Conversion Date. For the purposes of the provision
to the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities
Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder.

 

ARTICLE III.

REPRESENTATIONS AND WARRANTIES

 

Section 3.1. The Holder represents and warrants to the Maker:

 

(a)          The
Holder of this Note, by acceptance hereof, agrees that this Note is being acquired for investment and that such Holder will not
offer, sell or otherwise dispose of this Note or the Common Stock issuable upon conversion hereof except under circumstances that
will not result in a violation of the Act or any application state securities laws or similar laws relating to the sale of securities;

 

     

     

    

 

(b)          That
Holder understands that none of this Note or the Common Stock issuable upon conversion hereof have been registered under the Securities
Act of 1933, as amended (the “Act”), in reliance upon the exemptions from the registration provisions of the Act and
any continued reliance on such exemption is predicated on the representations of the Holder set forth herein;

 

(c)          Holder
(i) has adequate means of providing for his current needs and possible contingencies, (ii) has no need for liquidity in this investment,
(iii) is able to bear the substantial economic risks of an investment in this Note for an indefinite period, (iv) at the present
time, can afford a complete loss of such investment, and (v) does not have an overall commitment to investments which are not readily
marketable that is disproportionate to Holder’s net worth, and Holder’s investment in this Note will not cause such
overall commitment to become excessive;

 

(d)          Holder
is an “accredited investor” (as defined in Regulation D promulgated under the Act) and the Holder’s total
investment in this Note does not exceed 10% of the Holder’s net worth; and

 

(e)          Holder
recognizes that an investment in the Maker involves significant risks and only investors who can afford the loss of their entire
investment should consider investing in the Maker and this Note.

 

Section 3.2           The
Maker represents and warrants to Holder:

 

Organization
and Qualification. The Maker and each of its Subsidiaries (as defined below), if any, is a corporation duly organized, validly
existing and in good standing under the laws of the jurisdiction in which it is incorporated, with full power and authority (corporate
and other) to own, lease, use and operate its properties and to carry on its business as and where now owned, leased, used, operated
and conducted. The Maker and each of its Subsidiaries is duly qualified as a foreign corporation to do business and is in good
standing in every jurisdiction in which its ownership or use of property or the nature of the business conducted by it makes such
qualification necessary except where the failure to be so qualified or in good standing would not have a Material Adverse Effect.
“Material Adverse Effect” means any material adverse effect on the business, operations, assets, financial condition
or prospects of the Maker or its Subsidiaries, if any, taken as a whole, or on the transactions contemplated hereby or by the agreements
or instruments to be entered into in connection herewith. “Subsidiaries” means any corporation or other organization,
whether incorporated or unincorporated, in which the Maker owns, directly or indirectly, any equity or other ownership interest.

 

Authorization;
Enforcement. (i) The Maker has all requisite corporate power and authority to enter into and perform this Note and to consummate
the transactions contemplated hereby and thereby and to issue the Common Stock, in accordance with the terms hereof, (ii) the execution
and delivery of this Note by the Maker and the consummation by it of the transactions contemplated hereby and thereby (including
without limitation, the issuance of the Note and the issuance and reservation for issuance of the Common Stock issuable upon conversion
or exercise hereof) have been duly authorized by the Maker’s Board of Directors and no further consent or authorization of
the Maker, its Board of Directors, or its shareholders is required, (iii) this Note has been duly executed and delivered by the
Maker by its authorized representative, and such authorized representative is the true and official representative with authority
to sign this Note and the other documents executed in connection herewith and bind the Maker accordingly, and (iv) this Note constitutes,
a legal, valid and binding obligation of the Maker enforceable against the Maker in accordance with its terms.

 

     

     

    

 

Issuance
of Shares.  The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note
in accordance with its respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens,
claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights
of shareholders of the Maker and will not impose personal liability upon the holder thereof.

 

Acknowledgment
of Dilution.  The Maker understands and acknowledges the potentially dilutive effect to the Common Stock upon the
issuance of the Conversion Shares upon conversion of this Note. The Maker further acknowledges that its obligation to issue Conversion
Shares upon conversion of this Note is absolute and unconditional regardless of the dilutive effect that such issuance may have
on the ownership interests of other shareholders of the Maker.

 

ARTICLE IV.

EVENTS OF DEFAULT

 

Section 4.1.          Default.  The
following events shall be defaults under this Note: (“Events of Default”):

 

(a)          default
in the due and punctual payment of all or any part of any payment of interest or the Principal Amount as and when such amount or
such part thereof shall become due and payable hereunder; or

 

(b)          failure
on the part of the Maker duly to observe or perform in all material respects any of the covenants or agreements on the part of
the Maker contained herein (other than those covered by clause (a) above) for a period of 5 business days after the date on which
written notice specifying such failure, stating that such notice is a “Notice of Default” hereunder and demanding that
the Maker remedy the same, shall have been given by the Holder by registered or certified mail, return receipt requested, to the
Maker; or

 

(c)          any
representation, warranty or statement of fact made by the Maker herein when made or deemed to have been made, false or misleading
in any material respect; provided, however, that such failure shall not result in an Event of Default to the extent
it is corrected by the Maker within a period of 5 business days after the date on which written notice specifying such failure,
stating that such notice is a “Notice of Default” hereunder and demanding that the Maker remedy same, shall have been
given by the Holder by registered or certified mail, return receipt requested; or

 

(d)          any
of the following actions by the Maker pursuant to or within the meaning title 11, U.S. Code or any similar federal or state law
for the relief of debtors (collectively, the “Bankruptcy Law”): (A) commencement of a voluntary case or proceeding,
(B) consent to the entry of an order for relief against it in an involuntary case or proceeding, (C) consents to the appointment
of a receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law (each, a “Custodian”), of
it or for all or substantially all of its property, (D) a general assignment for the benefit of its creditors, or (E) admission
in writing its inability to pay its debts as the same become due; or

 

     

     

    

 

(e)          entry
by a court of competent jurisdiction of an order or decree under any Bankruptcy Law that: (A) is for relief against the Maker in
an involuntary case, (B) appoints a Custodian of the Maker or for all or substantially all of the property of the Maker, or (C)
orders the liquidation of the Maker, and such order or decree remains unstayed and in effect for 60 days.

 

Section 4.2.          Remedies
Upon Default.  Upon the occurrence of an event of default by Maker under this Note or at any time before default
when the Holder reasonably feels insecure, then, in addition to all other rights and remedies at law or in equity, Holder may
exercise any one or more of the following rights and remedies:

 

a.          Accelerate the time
for payment of all amounts payable under this Note by written notice thereof to Maker, whereupon all such amounts shall be immediately
due and payable.

 

b.          Pursue any other rights
or remedies available to Holder at law or in equity.

 

c.          Increasing the Principal
Amount due under this Note by $500 per day per Event of Default the Maker is in Default pursuant to this Note.

 

Section 4.3.   Payment of Costs. The Maker
shall reimburse the Holder, on demand, for any and all reasonable costs and expenses, including reasonable attorneys’
fees and disbursement and court costs, incurred by the Holder in collecting or otherwise enforcing this Note or in attempting
to collect or enforce this Note.

 

Section 4.4.   Powers and Remedies Cumulative;
Delay or Omission Not Waiver of Default. No right or remedy herein conferred upon or reserved to the Holder is intended
to be exclusive of any other right or remedy available to Holder under applicable law, and every such right and remedy shall,
to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or
hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or
otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. No delay or
omission of the Holder to exercise any right or power accruing upon any Default occurring and continuing as aforesaid shall
impair any such right or power or shall be construed to be a waiver of any such Default or an acquiescence therein; and every
power and remedy given by this Note or by law may be exercised from time to time, and as often as shall be deemed expedient,
by the Holder.

 

Section 4.5.   Waiver of Past Defaults. The Holder may
waive any past default or Event of Default hereunder and its consequences but no such waiver shall extend to any subsequent or
other default or Event of Default or impair any right consequent thereon.

 

     

     

    

 

Section 4.6. Waiver of Presentment
etc. The Maker hereby waives presentment, demand, notice, protest and all other demands and notices in connection with the
delivery, acceptance, performance and enforcement of this Note, except as specifically provided herein.

 

ARTICLE V.

MISCELLANEOUS

 

Section 5.1. Notices. Any notice
herein required or permitted to be given shall be in writing and may be personally served or delivered by courier or sent by United
States mail and shall be deemed to have been given upon receipt if personally served (which shall include telephone line facsimile
transmission) or sent by courier or three (3) days after being deposited in the United States mail, certified, with postage pre-paid
and properly addressed, if sent by mail. For the purposes hereof, the address of the Holder shall be 450 7th Ave. Suite
609, New York, NY 10123; and the address of the Maker shall be 1131A Leslie Street, , Toronto, Canada ONT M3C 3L8. Both the Holder
or its assigns and the Maker may change the address for service by delivery of written notice to the other as herein provided.

 

Section 5.2. Amendment. This
Note and any provision hereof may be amended only by an instrument in writing signed by the Maker and the Holder.

 

Section 5.3. Assignability. This
Note shall be binding upon the Maker and its successors and assigns and shall inure to be the benefit of the Holder and its successors
and assigns; provided, however, that so long as no Event of Default has occurred, this Note shall only be transferable in whole
subject to the restrictions contained in the restrictive legend on the first page of this Note.

 

Section 5.4. Governing Law. This
Note shall be governed by the internal laws of the State of New York, without regard to conflicts of laws principles.

 

Section 5.5. Replacement of Note. The Maker covenants
that upon receipt by the Maker of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this
Note, and in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it (which shall not include
the posting of any bond), and upon surrender and cancellation of such Note, if mutilated, the Maker will make and deliver a new
Note of like tenor.

 

Section 5.6. This Note shall not entitle
the Holder to any of the rights of a stockholder of the Maker, including without limitation, the right to vote, to receive dividends
and other distributions, or to receive any notice of, or to attend, meetings of stockholder or any other proceedings of the Maker,
unless and to the extent converted into shares of Common Stock in accordance with the terms hereof.

 

Section 5.7. Severability. In
case any provision of this Note is held by a court of competent jurisdiction to be excessive in scope or otherwise invalid or unenforceable,
such provision shall be adjusted rather than voided, if possible, so that it is enforceable to the maximum extent possible, and
the validity and enforceability of the remaining provisions of this Note will not in any way be affected or impaired thereby.

 

     

     

    

 

Section 5.8. Headings. The headings
of the sections of this Note are inserted for convenience only and do not affect the meaning of such section.

 

Section 5.9. Counterparts. This
Note may be executed in multiple counterparts, each of which shall be an original, but all of which shall be deemed to constitute
one instrument.

 

IN WITNESS WHEREOF, with
the intent to be legally bound hereby, the Maker as executed this Note as of the date first written above.

 

	Chess Supersite Corp.	 
	 	 
	 	 
	By:  Rubin Schindermann	 
	Its: CEO	 

 

	Acknowledged and Agreed:	 
	 	 
	Blackbridge Capital Growth Fund, LLC.	 
	 	 
	 	 
	By:  Alexander Dillon	 
	Its:  Managing Partner

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