Document:

Exhibit 10.22

 

FIRST AMENDMENT TO VOTING AGREEMENT

 

THIS
FIRST AMENDMENT TO VOTING AGREEMENT (this “Amendment”) to that certain Voting Agreement dated January 31, 2020
(the “Voting Agreement”) is made and entered into as of the date last written below (the “Effective Date”),
by and among Athena Bitcoin Global (f/k/a GamePlan, Inc.), a Nevada corporation (“Company”), KGPLA Holdings, LLC, a
Delaware limited liability company (“Lead Investor”), and Eric Gravengaard (“Key Holder”). Company,
Lead Investor and Key Holder are sometimes hereinafter referred to individually as a “Party” and, collectively, as
the “Parties.” Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in
the Voting Agreement.

 

RECITALS

 

WHEREAS, as of immediately
prior to the Effective Date and pursuant to Section 5.8 of the Voting Agreement, the Parties may amend the Voting Agreement in a signed
writing by Company, Key Holder and the Lead Investor, the Lead Investor’s written consent is specifically required to amend Section
1.2(a) of the Voting Agreement, and the Parties desire to enter into this Amendment to amend certain terms of the Voting Agreement.

 

NOW THEREFORE, in consideration
of the foregoing premises and the mutual covenants and conditions set forth below, and for other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, the Parties, intending to be legally bound, agree as follows:

 

1.                 
Amendments to Voting Agreement. The Voting Agreement is hereby amended as follows:

 

(a)              
Section 1.2(a) of the Voting Agreement is amended to add the following provision to the end of thereof:

 

“; provided, however,
that at such time that all of the outstanding balance (including principal amount and accrued interest, if any), due to Lead Investor
and/or its affiliates (including its principal, Michael Komaransky) by Company under both (i) that certain Convertible Debenture dated
January 31, 2020, as amended and in effect, in the original principal amount of $3,000,000 in favor of Lead Investor and (ii) that certain
Loan Agreement dated August 22, 2018, as amended and in effect, in the original principal amount of 30 bitcoin in favor of Michael Komaransky
(collectively, the “Loan Agreements”), are paid in full and satisfied pursuant to the terms of the Loan Agreements,
Lead Investor shall as soon as practical thereafter but in any event not more than ten (10) days thereafter cause one of its three (3)
designated persons on the Board to resign and thereafter maintain its right to designate only two (2) persons to the Board instead of
three (3), and the resigning person shall be replaced by mutual approval of Lead Investor and Key Holder to serve as the fifth Board member
(“Neutral Director”), and each successor Neutral Director shall be selected by such mutual approval in accordance with
Company’s Amended Articles and its Amended and Restated Bylaws in effect from time to time (and the Parties shall cooperate in good
faith to amend Company’s Amended Articles at such time to be consistent therewith); and in the event that Lead Investor and Key
Holder do not agree upon the appointment of any Neutral Director within thirty (30) days of any vacancy, then the Parties shall submit
the matter to binding mediation in Miami, Florida, with the American Arbitration Association and in accordance with its Mediation Procedures,
which matter shall be mediated and resolved with a binding effect on the Parties within thirty (30) days by the Parties, and Lead Investor
and Key Holder shall equally bear the costs of such mediation, provided that if any portion of the foregoing mediation provision is unenforceable
in respect of Company under applicable law, then such provision shall be edited in good faith to the minimum extent necessary to comply
therewith and in a manner which preserves to the maximum extent possible the original intent of the Parties in respect thereof;”

 

2.                 
No Other Amendment; Recitals. Except as modified by this Amendment, the Voting Agreement shall remain
in full force and effect in all respects without any modification. This Amendment shall be effective as to the Voting Agreement as of
the Effective Date. The preamble and recitals hereof are fully incorporated into this Amendment.

 

3.                 
Governing Law. This Amendment shall be governed by and construed under the laws of the State of Delaware,
without regard conflict of laws principles that would result in the application of any law other than those of the State of Delaware.

 

4.                 
Counterparts. This Amendment may be signed in two or more counterparts, each of which shall be an original,
and all of which shall be deemed one instrument, and counterparts may be delivered via facsimile, electronic mail (including pdf or any
electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) or other transmission method and
any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.

 

[Signature
Page Follows]

 

 

 

    	 	1	 

     

    

 

[SIGNATURE PAGE TO FIRST AMENDMENT
TO VOTING AGREEMENT]

 

IN WITNESS WHEREOF, the Parties
have executed this Amendment as of the Effective Date.

 

	 	COMPANY
	 	 
	 	ATHENA BITCOIN GLOBAL
	 	 
	 	By:                                                                                    
	 	Name: Eric Gravengaard
	 	Title: CEO
	 	Date: _______________________________
	 	 
	 	LEAD INVESTOR
	 	 
	 	KGPLA HOLDINGS, LLC
	 	 
	 	By:                                                                                    
	 	Name: Mike Komaransky
	 	Title: Authorized Person
	 	Date: _______________________________
	 	 
	 	KEY HOLDER
	 	 
	 	By:                                                                                    
	 	Name: Eric Gravengaard
	 	Date: __________________________________

 

 

 

    	 	2Exhibit 10.23

 

EXHIBIT D

 

SECURITY AGREEMENT

 

THIS SECURITY AGREEMENT dated
as of the date last written below (the “Effective Date”) (as amended, supplemented or otherwise modified from time
to time in accordance with the provisions hereof, this “Agreement”), is made by and among, on the one hand, Athena
Bitcoin, Inc., a Delaware corporation (“Borrower”) and Athena Bitcoin Global (f/k/a GamePlan, Inc.), a Nevada corporation
(“Parent”, and together with Borrower, “Grantor”), and on the other hand, Michael Komaransky, an
individual (“Lender”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to
them in that certain Loan Agreement dated as of August 22, 2018, as amended and in effect in accordance with its terms (the “Loan
Agreement”).

 

RECITALS

 

WHEREAS, the Secured Party
made a loan to Borrower in the amount of 30 bitcoin, a substantial portion of which remains outstanding as of immediately prior to the
Effective Date, and which has matured and is due to the Secured Party pursuant to the express terms of the Loan Agreement;

 

WHEREAS, as of the Effective
Date and pursuant to that certain First Amendment to Loan Agreement dated concurrently herewith (the “First Amendment”),
and as a requirement thereunder, Parent joined the Loan Agreement to be jointly and severally liable with Borrower under the Loan Agreement
and the Note, in exchange for the Secured Party agreeing to certain amendments to the Loan Agreement including the extension of the Loan
Maturity Date, and including the Parties’ agreement that the Note shall be secured by a pledge of assets by Grantor as more particularly
set forth in the First Amendment;

 

WHEREAS, this Agreement is
given by the Grantor in favor of the Secured Party to secure the payment and performance of all of the Secured Obligations; and

 

WHEREAS, it is a condition
to the obligations of the Lender to agree to the First Amendment that the Grantor execute and deliver this Agreement.

 

NOW, THEREFORE, in consideration
of the mutual covenants, terms and conditions set forth herein, and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties agree as follows:

 

		1.	Definitions.

 

(a)               
Unless otherwise specified herein, all references to Sections, Exhibits and Schedules herein are to Sections, Exhibits and
Schedules of this Agreement.

 

(b)               
Unless otherwise defined herein, terms used herein that are defined in the UCC shall have the meanings assigned to them
in the UCC. However, if a term is defined in Article 9 of the UCC differently than in another Article of the UCC, the term has the meaning
specified in Article 9.

 

(c)               
For purposes of this Agreement, the following capitalized terms not otherwise defined herein shall have the following meanings:

 

“Collateral”
has the meaning set forth in Section 2.

 

“Event of
Default” means any breach by Grantor or Grantor’s default in respect of any provision of the Loan Agreement, the Note
or this Agreement, or Grantor’s breach or default of any other provision of any loan agreement or debt instrument to which Grantor
is a party.

 

 

 

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“First Priority”
means, with respect to any lien and security interest purported to be created in any Collateral pursuant to this Agreement, such lien
and security interest is the most senior lien to which such Collateral is subject (subject only to liens permitted under the Loan Agreement).

 

“Proceeds”
means “proceeds” as such term is defined in section 9-102 of the UCC and, in any event, shall include, without limitation,
all dividends or other income from the Collateral, collections thereon or distributions with respect thereto.

 

“Secured
Obligations” has the meaning set forth in Section 3.

 

“UCC”
means the Uniform Commercial Code as in effect from time to time in the State of Delaware or, when the laws of any other state govern
the method or manner of the perfection or enforcement of any security interest in any of the Collateral, the Uniform Commercial Code as
in effect from time to time in such state.

  

		2.	Grant
of Security Interest. For value received, each of Parent and Borrower, as Grantor, hereby pledges and grants to the Secured
Party, and hereby creates a continuing First Priority lien and security interest in favor of the Secured Party in and to all of each of
Parent’s and Borrower’s (as Grantor) right, title and interest in and to the following assets of the Grantor (the “Collateral”):

 

(a)               
all fixtures and personal property of every kind and nature including all accounts (including health-care-insurance receivables),
goods (including inventory and equipment), documents (including, if applicable, electronic documents), instruments, promissory notes,
chattel paper (whether tangible or electronic), letters of credit, letter-of-credit rights (whether or not the letter of credit is evidenced
by a writing), securities and all other investment property, general intangibles (including all payment intangibles), intellectual property
rights, money, deposit accounts, and any other contract rights or rights to the payment of money, including any commercial tort claims;
and

 

(b)               
all Proceeds and products of each of the foregoing, all books and records relating to the foregoing, all supporting obligations
related thereto, and all accessions to, substitutions and replacements for, and rents, profits and products of, each of the foregoing,
and any and all Proceeds of any insurance, indemnity, warranty or guaranty payable to the Grantor from time to time with respect to any
of the foregoing.

The Grantor hereby covenants and agrees
that it shall not sell, transfer or otherwise dispose of, or permit any security interest, lien or other encumbrance to exist with respect
to, any of the Collateral (other than the security interest of Lender contemplated hereby).

 

Notwithstanding anything
to the contrary herein, the Collateral shall not include the following property of Borrower: any property described as “Collateral”
(the “CTF Collateral”) in that certain Security Agreement dated as of May 30, 2017, by and between Borrower and Consolidated
Trading Futures, LLC (“CTF”) for as long as any amounts are outstanding by Borrower to CTF thereunder, provided that
at such time of full repayment to CTF thereunder, and if any principal amount, interest or fees remain due and outstanding by Grantor
under the Note to the Secured Party, then the CTF Collateral shall automatically and immediately be included with the Collateral as if
fully described hereunder with no further need to amend or modify this Agreement, and the Secured Party shall thereupon be entitled to
take all actions necessary to perfect its secured interest in CTF Collateral as it becomes part of the Collateral, under this Agreement
and applicable law.

 

		3.	Secured
Obligations. The Collateral secures the due and prompt payment and performance of:

 

(a)               
the obligations of the Grantor from time to time arising under the Loan Agreement, this Agreement or otherwise with respect
to the due and prompt payment of (i) the principal of and premium, if any, and interest on the Loans (including interest accruing during
the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such
proceeding), when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise and (ii) all
other monetary obligations, including fees, costs, attorneys’ fees and disbursements, reimbursement obligations, contract causes
of action, expenses and indemnities, whether primary, secondary, direct or indirect, absolute or contingent, due or to become due, now
existing or hereafter arising, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency,
receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), of the Grantor under or in respect
of the Loan Agreement and this Agreement; and

 

 

 

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(b)               
all other covenants, duties, debts, obligations and liabilities of any kind of the Grantor under or in respect of the Loan
Agreement, this Agreement or any other document made, delivered or given in connection with any of the foregoing, in each case whether
evidenced by a note or other writing, whether allowed in any bankruptcy, insolvency, receivership or other similar proceeding, whether
arising from an extension of credit, issuance of a letter of credit, acceptance, loan, guaranty, indemnification or otherwise, and whether
primary, secondary, direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, fixed or otherwise
(all such obligations, covenants, duties, debts, liabilities, sums and expenses set forth in Section 3 being herein collectively called
the “Secured Obligations”).

 

		4.	Perfection
of Security Interest and Further Assurances.

 

(a)               
The Grantor shall, from time to time, as may be required by the Secured Party with respect to all Collateral, immediately
take all actions as may be requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including,
without limitation, with respect to all Collateral over which control may be obtained within the meaning of sections 8-106, 9-104, 9-105,
9-106 and 9-107 of the UCC, section 201 of the federal Electronic Signatures in Global and National Commerce Act and, as the case may
be, section 16 of the Uniform Electronic Transactions Act, as applicable, the Grantor shall immediately take all actions as may be requested
from time to time by the Secured Party so that control of such Collateral is obtained and at all times held by the Secured Party. All
of the foregoing shall be at the sole cost and expense of the Grantor.

 

(b)               
The Grantor hereby irrevocably authorizes the Secured Party at any time and from time to time to file in any relevant jurisdiction
any financing statements and amendments thereto that contain the information required by Article 9 of the UCC of each applicable jurisdiction
for the filing of any financing statement or amendment relating to the Collateral, including any financing or continuation statements
or other documents for the purpose of perfecting, confirming, continuing, enforcing or protecting the security interest granted by the
Grantor hereunder, without the signature of the Grantor where permitted by law, including the filing of a financing statement describing
the Collateral as all assets now owned or hereafter acquired by the Grantor, or words of similar effect. The Grantor agrees to provide
all information required by the Secured Party pursuant to this Section promptly to the Secured Party upon request.

 

(c)               
The Grantor agrees that at any time and from time to time, at the expense of the Grantor, the Grantor will promptly execute
and deliver all further instruments and documents, obtain such agreements from third parties, and take all further action, that may be
necessary or desirable, or that the Secured Party may request, in order to create and/or maintain the validity, perfection or priority
of and protect any security interest granted or purported to be granted hereby or to enable the Secured Party to exercise and enforce
its rights and remedies hereunder or under any other agreement with respect to any Collateral.

 

		5.	Representations
and Warranties. The Grantor represents and warrants as follows:

 

(a)               
All information set forth in the Purchase Agreements in respect of the Collateral is accurate and complete and there has
been no change in any such information since the aforesaid date.

 

(b)               
The Collateral consisting of securities have been duly authorized and validly issued and are fully paid and non-assessable
and subject to no options to purchase or similar rights. The Grantor holds no commercial tort claims.

 

(c)               
At the time the Collateral becomes subject to the lien and security interest created by this Agreement, the Grantor will
be the sole, direct, legal and beneficial owner thereof, free and clear of any lien, security interest, encumbrance, claim, option or
right of others except for the security interest created by this Agreement and other liens permitted by the Loan Agreement.

 

(d)               
The pledge of the Collateral pursuant to this Agreement creates a valid and perfected First Priority security interest in
the Collateral, securing the payment and performance when due of the Secured Obligations.

 

 

 

    	 	3	 

     

    

 

(e)               
It has full power, authority and legal right to borrow the Loans and pledge the Collateral pursuant to this Agreement.

 

(f)                
Each of this Agreement and the Loan Agreement has been duly authorized, executed and delivered by the Grantor and constitutes
a legal, valid and binding obligation of the Grantor enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency,
reorganization, moratorium or other similar laws affecting creditors’ rights generally and subject to equitable principles (regardless
of whether enforcement is sought in equity or at law).

 

(g)               
No authorization, approval, or other action by, and no notice to or filing with, any governmental authority or regulatory
body is required for the borrowing of the Loans and the pledge by the Grantor of the Collateral pursuant to this Agreement or for the
execution and delivery of the Loan Agreement and this Agreement by the Grantor or the performance by the Grantor of its obligations thereunder.

 

(h)               
The execution and delivery of the Loan Agreement and this Agreement by the Grantor and the performance by the Grantor of
its obligations thereunder, will not violate any provision of any applicable law or regulation or any order, judgment, writ, award or
decree of any court, arbitrator or governmental authority, domestic or foreign, applicable to the Grantor or any of its property, or the
organizational or governing documents of the Grantor or any agreement or instrument to which the Grantor is party or by which it or its
property is bound.

 

(i)                
The Grantor has taken all action required on its part for control (as defined in sections 8-106, 9-104, 9-105, 9-106 and
9-107 of the UCC, section 201 of the federal Electronic Signatures in Global and National Commerce Act and, as the case may be, section
16 of the Uniform Electronic Transactions Act, as applicable) to have been obtained by the Secured Party over all Collateral with respect
to which such control may be obtained pursuant to the UCC. No person other than the Secured Party has control or possession of all or
any part of the Collateral.

 

		6.	Voting,
Distributions and Receivables.

 

(a)               
The Secured Party agrees that the Grantor may, unless an Event of Default shall have occurred and be continuing, receive
and retain all cash payments and other payments or distributions with respect to the Collateral consisting of securities, other Equity
Interests or indebtedness owed by any obligor.

 

(b)               
If any Event of Default shall have occurred and be continuing, the Secured Party may, or at the request and option of the
Secured Party the Grantor shall, notify account debtors and other persons obligated on any of the Collateral of the security interest
of the Secured Party in any account, chattel paper, general intangible, instrument or other Collateral and that payment thereof is to
be made directly to the Secured Party.

 

		7.	Covenants.
The Grantor covenants as follows:

 

(a)               
The Grantor will not, without providing at least thirty (30) days’ prior written notice to the Secured Party, organize
any entity for purposes of conducting its business and transfer or license any business assets to any such entity for such purposes. The
Grantor will, prior to any change described in the preceding sentence, take all actions requested by the Secured Party to maintain the
perfection and priority of the Secured Party’s security interest in the Collateral.

 

(b)               
The Collateral, to the extent not delivered to the Secured Party pursuant to Section 4, will be kept by the Grantor at his
principle place of business and the Grantor will not remove the Collateral from such locations without providing at least thirty (30)
days’ prior written notice to the Secured Party. The Grantor will, prior to any change described in the preceding sentence, take
all actions required by the Secured Party to maintain the perfection and priority of the Secured Party’s security interest in the
Collateral.

 

 

 

    	 	4	 

     

    

 

(c)               
The Grantor shall, at his own cost and expense, defend title to the Collateral and the First Priority lien and security
interest of the Secured Party therein against the claim of any person claiming against or through the Grantor and shall maintain and preserve
such perfected First Priority security interest for so long as this Agreement shall remain in effect.

 

(d)               
The Grantor will not sell, offer to sell, dispose of, convey, assign or otherwise transfer, grant any option with respect
to, restrict, or grant, create, permit or suffer to exist any mortgage, pledge, lien, security interest, option, right of first offer,
encumbrance or other restriction or limitation of any nature whatsoever on, any of the Collateral or any interest therein except as expressly
provided for in the Loan Agreement.

 

(e)               
The Grantor will keep the Collateral in good order and repair and will not use the same in violation of law or any policy
of insurance thereon. The Grantor will permit the Secured Party, or his designee, to inspect the Collateral at any reasonable time, wherever
located.

 

(f)                
The Grantor will pay promptly when due all taxes, assessments, governmental charges, and levies upon the Collateral or incurred
in connection with the use or operation of the Collateral or incurred in connection with this Agreement.

 

(g)               
The Grantor will continue to operate his business in compliance with all applicable provisions of the federal Fair Labor
Standards Act, as amended, including any applicable state law versions thereof, and with all applicable provisions of federal, state and
local statutes and ordinances dealing with the control, shipment, storage or disposal of hazardous materials or substances.

 

		8.	Secured
Party Appointed Attorney-in-Fact. The Grantor hereby appoints the Secured Party the Grantor’s attorney-in-fact, with
full authority in the place and stead of the Grantor and in the name of the Grantor or otherwise, from time to time during the continuance
of an Event of Default in the Secured Party’s discretion to take any action and to execute any instrument which the Secured Party
may deem necessary or advisable to accomplish the purposes of this Agreement (but the Secured Party shall not be obligated to and shall
have no liability to the Grantor or any third party for failure to do so or take action). This appointment, being coupled with an interest,
shall be irrevocable. The Grantor hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof.

 

		9.	Secured
Party May Perform. If the Grantor fails to perform any obligation contained in this Agreement, the Secured Party may itself
perform, or cause performance of, such obligation, and the expenses of the Secured Party incurred in connection therewith shall be payable
by the Grantor; provided that the Secured Party shall not be required to perform or discharge any obligation of the Grantor.

 

		10.	Reasonable
Care. The Secured Party shall have no duty with respect to the care and preservation of the Collateral beyond the exercise
of reasonable care. The Secured Party shall be deemed to have exercised reasonable care in the custody and preservation of the Collateral
in its possession if the Collateral is accorded treatment substantially equal to that which the Secured Party accords its own property,
it being understood that the Secured Party shall not have any responsibility for (a) ascertaining or taking action with respect to any
claims, the nature or sufficiency of any payment or performance by any party under or pursuant to any agreement relating to the Collateral
or other matters relative to any Collateral, whether or not the Secured Party has or is deemed to have knowledge of such matters, or (b)
taking any necessary steps to preserve rights against any parties with respect to any Collateral. Nothing set forth in this Agreement,
nor the exercise by the Secured Party of any of the rights and remedies hereunder, shall relieve the Grantor from the performance of any
obligation on the Grantor’s part to be performed or observed in respect of any of the Collateral.

 

 

 

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		11.	Remedies
Upon Default.

 

(a)               
If any Event of Default shall have occurred and be continuing, the Secured Party, without any other notice to or demand
upon the Grantor, may assert all rights and remedies of a secured party under the UCC or other applicable law, including, without limitation,
the right to take possession of, hold, collect, sell, lease, deliver, grant options to purchase or otherwise retain, liquidate or dispose
of all or any portion of the Collateral.

 

(b)               
If notice prior to disposition of the Collateral or any portion thereof is necessary under applicable law, written notice
mailed to the Grantor at its notice address as provided in Section 15 hereof ten (10) days prior to the date of such disposition shall
constitute reasonable notice, but notice given in any other reasonable manner shall be sufficient. So long as the sale of the Collateral
is made in a commercially reasonable manner, the Secured Party may sell such Collateral on such terms and to such purchaser(s) as the
Secured Party in its absolute discretion may choose, without assuming any credit risk and without any obligation to advertise or give
notice of any kind other than that necessary under applicable law. Without precluding any other methods of sale, the sale of the Collateral
or any portion thereof shall have been made in a commercially reasonable manner if conducted in conformity with reasonable commercial
practices of creditors disposing of similar property. At any sale of the Collateral, if permitted by applicable law, the Secured Party
may be the purchaser, licensee, assignee or recipient of the Collateral or any part thereof and shall be entitled, for the purpose of
bidding and making settlement or payment of the purchase price for all or any portion of the Collateral sold, assigned or licensed at
such sale, to use and apply any of the Secured Obligations as a credit on account of the purchase price of the Collateral or any part
thereof payable at such sale. To the extent permitted by applicable law, the Grantor waives all claims, damages and demands it may acquire
against the Secured Party arising out of the exercise by it of any rights hereunder. The Grantor hereby waives and releases to the fullest
extent permitted by law any right or equity of redemption with respect to the Collateral, whether before or after sale hereunder, and
all rights, if any, of marshalling the Collateral and any other security for the Secured Obligations or otherwise. At any such sale, unless
prohibited by applicable law, the Secured Party or any custodian may bid for and purchase all or any part of the Collateral so sold free
from any such right or equity of redemption. Neither the Secured Party nor any custodian shall be liable for failure to collect or realize
upon any or all of the Collateral or for any delay in so doing, nor shall it be under any obligation to take any action whatsoever with
regard thereto. The Grantor agrees that it would not be commercially unreasonable for the Secured Party to dispose of the Collateral or
any portion thereof by utilizing internet sites that provide for the auction of assets of the type included in the Collateral or that
have the reasonable capability of doing so, or that match buyers and sellers of assets. The Secured Party shall not be obligated to clean-up
or otherwise prepare the Collateral for sale.

 

(c)               
If any Event of Default shall have occurred and be continuing, all rights of the Grantor to (i) exercise the voting and
other consensual rights it would otherwise be entitled to exercise pursuant to Section 6.a) and (ii) receive the cash payments and other
payments or distributions which it would otherwise be entitled to receive and retain pursuant to Section 6.b), shall immediately cease,
and all such rights shall thereupon become vested in the Secured Party, which shall have the sole right to exercise such voting and other
consensual rights and receive and hold such payments and other distributions as Collateral.

 

(d)               
If any Event of Default shall have occurred and be continuing, any cash held by the Secured Party as Collateral and all
cash Proceeds received by the Secured Party in respect of any sale of, collection from, or other realization upon all or any part of the
Collateral shall be applied in whole or in part by the Secured Party to the payment of expenses incurred by the Secured Party in connection
with the foregoing or incidental to the care or safekeeping of any of the Collateral or in any way relating to the Collateral or the rights
of the Secured Party hereunder, including reasonable attorneys’ fees, and the balance of such proceeds shall be applied or set off
against all or any part of the Secured Obligations in such order as the Secured Party shall elect. Any surplus of such cash or cash Proceeds
held by the Secured Party and remaining after payment in full of all the Secured Obligations shall be paid over to the Grantor or to whomsoever
may be lawfully entitled to receive such surplus. The Grantor shall remain liable for any deficiency if such cash and the cash Proceeds
of any sale or other realization of the Collateral are insufficient to pay the Secured Obligations and the fees and other charges of any
attorneys employed by the Secured Party to collect such deficiency.

 

(e)               
If the Secured Party shall determine to exercise its rights to sell all or any of the Collateral pursuant to this Section,
the Grantor agrees that, upon request of the Secured Party, the Grantor will, at its own expense, do or cause to be done all such acts
and things as may be necessary to make such sale of the Collateral or any part thereof valid and binding and in compliance with applicable
law.

 

 

 

    	 	6	 

     

    

 

		12.	No
Waiver and Cumulative Remedies. The Secured Party shall not by any act (except by a written instrument pursuant to Section
14), delay, indulgence, omission or otherwise be deemed to have waived any right or remedy hereunder or to have acquiesced in any Default
or Event of Default. All rights and remedies herein provided are cumulative and are not exclusive of any rights or remedies provided by
law.

 

		13.	Security Interest Absolute.
The Grantor hereby waives demand, notice, protest, notice of acceptance of this Agreement, notice of loans made, credit extended, Collateral
received or delivered or other action taken in reliance hereon and all other demands and notices of any description. All rights of the
Secured Party and liens and security interests hereunder, and all Secured Obligations of the Grantor hereunder, shall be absolute and
unconditional irrespective of:

 

(a)               
any illegality or lack of validity or enforceability of any Secured Obligation or any related agreement or instrument;

 

(b)               
any change in the time, place or manner of payment of, or in any other term of, the Secured Obligations, or any rescission,
waiver, amendment or other modification of the Loan Agreement, this Agreement or any other agreement, including any increase in the Secured
Obligations resulting from any extension of additional credit or otherwise;

 

(c)               
any taking, exchange, substitution, release, impairment or non-perfection of any Collateral or any other collateral, or
any taking, release, impairment, amendment, waiver or other modification of any guaranty, for all or any of the Secured Obligations;

 

(d)               
any manner of sale, disposition or application of proceeds of any Collateral or any other collateral or other assets to
all or part of the Secured Obligations;

 

(e)               
any default, failure or delay, willful or otherwise, in the performance of the Secured Obligations;

 

(f)                
any defense, set-off or counterclaim (other than a defense of payment or performance) that may at any time be available
to, or be asserted by, the Grantor against the Secured Party; or

 

(g)               
any other circumstance (including, without limitation, any statute of limitations) or manner of administering the Loans
or any existence of or reliance on any representation by the Secured Party that might vary the risk of the Grantor or otherwise operate
as a defense available to, or a legal or equitable discharge of, the Grantor or any other grantor, guarantor or surety.

 

		14.	Amendments.
None of the terms or provisions of this Agreement may be amended, modified, supplemented, terminated or waived, and no consent to any
departure by the Grantor therefrom shall be effective unless the same shall be in writing and signed by the Secured Party and the Grantor,
and then such amendment, modification, supplement, waiver or consent shall be effective only in the specific instance and for the specific
purpose for which made or given.

 

		15.	Notices.
All notices and other communications provided for in this Agreement shall be in writing and shall be given in the manner and become effective
as set forth in the Loan Agreement, and addressed to the respective parties at their addresses as specified on the signature pages hereof
or as to either party at such other address as shall be designated by such party in a written notice to each other party.

 

		16.	Continuing
Security Interest; Further Actions. This Agreement shall create a continuing First Priority lien and security interest
in the Collateral and shall (a) subject to Section 17, remain in full force and effect until payment and performance in full of the Secured
Obligations, (b) be binding upon the Grantor, its successors and assigns, and (c) inure to the benefit of the Secured Party and its successors,
transferees and assigns; provided that the Grantor may not assign or otherwise transfer any of its rights or obligations under this Agreement
without the prior written consent of the Secured Party. Without limiting the generality of the foregoing clause (c), any assignee of the
Secured Party’s interest in any agreement or document which includes all or any of the Secured Obligations shall, upon assignment,
become vested with all the benefits granted to the Secured Party herein with respect to such Secured Obligations.

 

 

 

    	 	7	 

     

    

 

		17.	Term;
Termination; Release. This Agreement shall remain in full force and effect until the Obligations have been satisfied and
paid in full, Lender has no further obligations to make loans under the Loan Agreement or any related document, and all conditions for
the release of Lender’s liens on and security interests in the assets of the Borrower set forth in the Loan Agreement shall have
been satisfied. At the expiration of the term of this Agreement, Lender shall return to the Grantor all membership interest certificates
and membership interest transfer powers relating to the Pledged Units (to the extent the same have been received by Lender). On the date
on which all Secured Obligations have been paid and performed in full, the Secured Party will, at the request and sole expense of the
Grantor, (a) duly assign, transfer and deliver to or at the direction of the Grantor (without recourse and without any representation
or warranty) such of the Collateral as may then remain in the possession of the Secured Party, together with any monies at the time held
by the Secured Party hereunder, and (b) execute and deliver to the Grantor a proper instrument or instruments acknowledging the satisfaction
and termination of this Agreement.

 

		18.	Governing Law.
This Agreement and the Loan Agreement and any claim, controversy, dispute or cause of action (whether in contract or tort or otherwise)
based upon, arising out of or relating to this Agreement or the Loan Agreement (except, as to the Loan Agreement, as expressly set forth
therein) and the transactions contemplated hereby and thereby shall be governed by, and construed in accordance with, the laws of the
State of Illinois.

 

		19.	Counterparts.
This Agreement may be executed in two (2) or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument. Counterparts may be delivered via facsimile, electronic mail (including .pdf or any electronic
signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) or other transmission method and any counterpart
so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.

 

[Signature
Page Follows]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	8	 

     

    

 

[Signature Page to Security Agreement]

 

IN WITNESS HEREOF, the Parties hereto have executed
this Agreement as of the date first written above.

 

 

	 	GRANTOR
	 	 	 
	 	 	 
	 	 	PARENT
	 	 	 
	 	 	 
	 	 	ATHENA BITCOIN GLOBAL
	 	 	 
	 	 	 
	 	 	By: /s/ Eric Gravengaard                                                
	 	 	Name: Eric Gravengaard
	 	 	Title: CEO
	 	 	Date: _______________________________
	 	 	 
	 	 	 
	 	 	BORROWER
	 	 	 
	 	 	 
	 	 	ATHENA BITCOIN GLOBAL
	 	 	 
	 	 	 
	 	 	By: /s/ Eric Gravengaard                                                
	 	 	Name: Eric Gravengaard
	 	 	Title: CEO
	 	 	Date: _______________________________
	 	 	 
	 	 	 
	 	SECURED PARTY
	 	 	 
	 	 	 
	 	By: /s/ Mike Komaransky                                             
	 	 	Name: Mike Komaransky
	 	 	Date: __________________________________

 

 

 

 

    	 	9

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