Document:

THIS
NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), OR UNDER THE SECURITIES LAWS
OF CERTAIN STATES. THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD
EXCEPT AS PERMITTED UNDER THE ACT AND THE APPLICABLE STATE SECURITIES LAWS, PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM. LENDERS
SHOULD BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME. THE
ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER TO THE EFFECT THAT
ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS.

 

ADAR
ALEF, LLC

COLLATERALIZED
SECURED PROMISSORY NOTE

 

	$50,000.00	Monsey, NY
	 	December
20, 2018

 

1.
Principal and Interest

 

FOR
VALUE RECEIVED, Adar Alef, LLC, a New York Limited Liability Company (the “Company”) hereby absolutely and unconditionally
promises to pay to TAURIGA SCIENCES, INC (the “Lender”), or order, the principal amount of Fifty Thousand Dollars
exactly ($50,000.00) no later than August 20, 2019, unless the Lender does not meet the “current information requirements”
required under Rule 144 of the Securities Act of 1933, as amended, in which case the Company may declare the offsetting note issued
by the Lender on the same date herewith to be in Default (as defined in that note) and cross cancel its payment obligations under
this Note as well as the Lenders payment obligations under the offsetting note. This Full Recourse Note shall bear simple interest
at the rate of 8%.

 

2. Repayments
and Prepayments; Security.

 

a.
All principal under this Note shall be due and payable no later than August 20, 2019, unless the Lender does not meet the
“current information requirements” required under Rule 144 of the Securities Act of 1933, as amended, in which
case the Company may declare the offsetting note issued by the Lender on the same date herewith to be in Default (as defined
in that note) and cross cancel its payment obligations under this Note as well as the Lenders payment obligations under the
offsetting note.

 

b.
The Company may pay this Note at any time. This note may not be assigned by the Lender, except by operation of
law.

 

c.
This Note shall initially be secured by the pledge of the $55,000.00 8% convertible promissory note issued to the Company by
the Lender on even date herewith (the “Lender Note”). The Company may exchange this collateral for other
collateral with an appraised value of at least $50,000.00, by providing 3 days prior written notice to the Lender. If
the Lender does not object to the substitution of collateral in that 3 day period, such substitution of collateral shall be
deemed to have been accepted by the Lender. Notwithstanding the foregoing, an exchange of collateral for $50,000.00 in
cash shall not require the approval of the Lender. All collateral shall be retained by Investors Counsel Attorneys, P.C.,
which shall act as the escrow agent for the collateral for the benefit of the Lender. The Company may not effect any
conversions under the Lender Note until it has made full cash payment for the portion of the Lender Note being
converted.

 

    	 	1	 

     

    

 

3. Events
of Default; Acceleration.

 

a.
The principal amount of this Note is subject to prepayment in whole or in part upon the occurrence and during the continuance
of any of the following events (each, an “Event of Default”): the initiation of any bankruptcy, insolvency, moratorium,
receivership or reorganization by or against the Company, or a general assignment of assets by the Company for the benefit of
creditors. Upon the occurrence of any Event of Default, the entire unpaid principal balance of this Note and all of the unpaid
interest accrued thereon shall be immediately due and payable. The Company may offset amounts due to the Lender under this Note
by similar amounts that may be due to the Company by the Lender resulting from breaches under the Lender Note.

 

b.
No remedy herein conferred upon the Lender is intended to be exclusive of any other remedy and each and every remedy shall be
cumulative and in addition to every other remedy hereunder, now or hereafter existing at law or in equity or otherwise. The Company
accepts and agrees that this Note is a full recourse note and that the Holder may exercise any and all remedies available to it
under law.

 

4.
Notices.

 

a.
All notices, reports and other communications required or permitted hereunder shall be in writing and may be delivered in person,
by telecopy with written confirmation, overnight delivery service or U.S. mail, in which event it may be mailed by first-class,
certified or registered, postage prepaid, addressed (i) if to a Lender, at such Lender’s address as the Lender shall have
furnished the Company in writing and (ii) if to the Company at such address as the Company shall have furnished the Lender(s)
in writing.

 

b.
Each such notice, report or other communication shall for all purposes under this Note be treated as effective or having been
given when delivered if delivered personally or, if sent by mail, at the earlier of its receipt or 72 hours after the same has
been deposited in a regularly maintained receptacle for the deposit of the United States mail, addressed and mailed as aforesaid,
or, if sent by electronic communication with confirmation, upon the delivery of electronic communication.

 

    	 	2	 

     

    

 

5.
Miscellaneous.

 

a.
Neither this Note nor any provisions hereof may be changed, waived, discharged or terminated orally, but only by a signed statement
in writing.

 

b.
No failure or delay by the Lender to exercise any right hereunder shall operate as a waiver thereof, nor shall any single or partial
exercise of any right, power or privilege preclude any other right, power or privilege. The provisions of this Note are severable
and if any one provision hereof shall be held invalid or unenforceable in whole or in part in any jurisdiction, such invalidity
or unenforceability shall affect only such provision in such jurisdiction. This Note expresses the entire understanding of the
parties with respect to the transactions contemplated hereby. The Company and every endorser and guarantor of this Note regardless
of the time, order or place of signing hereby waives presentment, demand, protest and notice of every kind, and assents to any
extension or postponement of the time for payment or any other indulgence, to any substitution, exchange or release of collateral,
and to the addition or release of any other party or person primarily or secondarily liable.

 

c.
If Lender retains an attorney for collection of this Note, or if any suit or proceeding is brought for the recovery of all, or
any part of, or for protection of the indebtedness respected by this Note, then the Company agrees to pay all costs and expenses
of the suit or proceeding, or any appeal thereof, incurred by the Lender, including without limitation, reasonable attorneys’
fees.

 

d.
This Note shall for all purposes be governed by, and construed in accordance with the laws of the State of New York (without reference
to conflict of laws) and the exclusive venue shall be in the State and Federal courts located in State of New York.

 

e.
This Note shall be binding upon the Company’s successors and assigns, and shall inure to the benefit of the Lender’s
successors and assigns.

 

    	 	3	 

     

    

 

IN
WITNESS WHEREOF, the Company has caused this Note to be executed by its duly authorized officer to take effect as of the date
first hereinabove written.

 

	 	ADAR
    ALEF, LLC
	 	 	 
	 	By:	 
	 	Title:	 
	 	 	 
	 	APPROVED:
	 	 	 
	 	TAURIGA SCIENCES,
INC
	 	 	 
	 	By:	
	 	Title:	Seth
    M. Shaw, CEO

 

    	 	4PER
OS BIOSCIENCES

CONTRACT
MANUFACTURING AGREEMENT FOR CHEWING GUM Terms and Conditions 

 

1.
PRODUCT SPECIFICATIONS 

 

1.1
Per Os shall manufacture, supply and sell to Customer the products specified on the Cover Sheet (the “Product”), on
a made-to-order basis in accordance with the product specifications set forth on the attached Exhibit A, the packaging specifications
set forth on the attached Exhibit B, which shall include all packaging specifications for the Product (the “Packaging Specifications”)
and all materials used for Product packaging, (the “Product Packaging Materials”), and the pricing and product delivery
of the Product set forth on Exhibit C.

 

2.
ART WORK; TRADEMARKS; INTELLECTUAL PROPERTY.

 

2.1
Customer, if artwork is required, shall bear all costs of creating initial films, plates and dies and all creative development
costs. Once artwork has been approved by Customer, all cost associated with Customer-requested changes shall be the responsibility
of Customer, including the costs of materials and any works in progress rendered redundant, obsolete or unusable as a result of
such changes.

 

2.2
Nothing contained herein shall grant or shall be deemed to grant to Customer any right, title or interest in or to the Per Os’
trademarks, trade names, artwork, logos, trade dress, patents or other intellectual property related to the Product (collectively,
“Per Os IP”). All uses of the Per Os IP shall inure solely to the benefit of Per Os, and Customer shall obtain no
rights with respect to any of the Per Os IP and Customer hereby irrevocably assigns to Per Os all right, title and interest held
by Customer, if any, in or to any of the Per Os IP. At no time during or after the term of the parties’ business relationship
shall Customer challenge or assist others in challenging the Per Os IP (except to the extent expressly entitled by applicable
law) or the registration thereof or attempt to register any trademarks, servicemarks, marks, logos, trade names or other intellectual
property confusingly similar to the Per Os IP. Upon any termination or expiration of the parties’ business relationship
or upon written notice by Per Os, Customer shall immediately cease to use any and all of the Per Os IP as authorized herein.

 

2.3
Customer hereby acknowledges and agrees that all right, title, and interest in and to all of the know-how, trade secrets and processes
for manufacturing Product, belongs solely to Per Os, whether or not it is protected or protectable under applicable patent, trademark,
service mark, copyright, trade secret or other intellectual property laws. The formulation of the Product will be the sole property
of Per Os.

 

3.
PRICING

 

3.1
The Product pricing is set forth on the attached Exhibit C.

 

3.2
Per Os shall provide 90 days prior written notice of price increases.

 

4.
PRODUCT ORDERS.

 

4.1
Customer shall submit purchase orders to Per Os. Customer will be responsible for the accuracy of the order information transmitted.
All orders from Customer must comply with minimum quantities and package size requirements.

 

4.2
Each purchase order shall be subject to acceptance by Per Os in Hunt Valley, Maryland.

 

4.3
In ordering and delivering Product, Per Os and Customer may use their respective standard forms, provided that nothing in those
forms shall be construed to modify or amend the terms and conditions of this Agreement, and, in the case of any conflict herewith,
the terms and conditions of this Agreement shall control.

 

    	 	 	 

    	 

    

 

5.
LEFT INTENTIONALLY BLANK

 

6.
DELIVERY 

 

6.1
Upon receipt of each order, Per Os shall provide estimated delivery dates to Customer, which shall reflect the expected lead-times
set forth on the attached Exhibit C. Per Os shall not be responsible for late deliveries resulting from orders placed outside
of the lead-times set forth on the attached Cover Sheet.

 

6.2
Per Os shall ship the Product FOB from its facilities in Hunt Valley, Maryland, USA for bulk product or from any third party supplier
that provides packaging services. Customer shall be responsible for shipping and insurance costs, and title and risk of loss shall
pass to Customer upon Per Os making the Product available at its manufacturing site or third- party packager. Per Os shall not
be responsible for any retail distribution. Notwithstanding anything herein to the contrary, in the event delivery is delayed
due to normal constraints associated with manufacturing, packaging, scheduling, or delivery of Product, Per Os promptly shall
notify Customer and Customer and Per Os shall cooperate to establish a mutually agreeable alternate delivery date for Product.

 

7.
RETURNED GOODS. All sales are final. Customer may not return any Product unless there is a product defect or quality issue
that has been substantiated and agreed to by Per Os.

 

8.
INVOICING; PAYMENT

 

8.1
Except as otherwise agreed by Per Os in writing, payment shall be as follows: 1) 50% of the total purchase order value with submission
of each purchase order by Customer, and 2) remaining balance of each purchase order in full based on the final quantity produced
before shipment to Customer.

 

8.2
Customer shall be responsible for all sales, use, excise and other taxes and duties imposed by any law or governmental authority
that are applicable to the purchase or shipment of Product. In the event Per Os pays any such taxes, or duties applicable to purchase
or shipment of such Product, such amounts paid by Per Os shall be invoiced by Per Os to Customer and shall be paid by Customer.

 

9.
QUANTITATIVE DEFICIENCIES. Within seventy- two (72) hours following receipt of each shipment, Customer shall notify Per Os
in writing of any claim relating to quantitative deficiencies in such shipment of Product that Customer believes occurred prior
to shipment hereunder. Any claim for a quantitative deficiency which is not made within such 72-hour period shall be deemed to
have been waived by Customer. In the event Customer determines there is a quantitative deficiency from the applicable shipping
documentation, the parties shall investigate such deficiency and, if the parties agree that such deficiency occurred prior to
shipment, Per Os shall, at Per Os option and as Customer’s exclusive remedy for such quantitative deficiency, (a) issue
a credit to Customer’s next order for the amount paid by Customer to Per Os in excess of the aggregate price for actual
quantities shipped; or (b) subject to Per Os having Product on hand at the time of request by Customer, rectify any such deficiency
by promptly shipping the appropriate quantities of any relevant Product to Customer, in which case Customer shall be obligated
to pay for any such quantities.

 

10.
CUSTOMER RESPONSIBILITIES 

 

10.1
Customer represents and warrants that any information or documents it provides to Per Os (including, without limitation,
product formulas, ingredients, artwork, names, logos, and trademarks of Customer and/or Customer’s affiliates, as well
as functional claims and package labeling) comply with applicable laws, rules and regulations promulgated by any governmental
authority having jurisdiction over the manufacture and distribution of Product and do not infringe or violate any
intellectual property or proprietary rights of any third party. Customer acknowledges that it has reviewed and approved, and
will review and approve, all Product Packaging Materials. Customer acknowledges that Customer has final responsibility for
all artwork, product information and claims, promotional materials and activities, Packaging Specifications and Product
Packaging Materials. Per Os makes no representations or warranties that the Packaging Specifications comply with applicable
laws, rules or regulations promulgated by any governmental authority having jurisdiction over the manufacture and
distribution of the Product. Customer shall be solely responsible for all claims relating to Product Specifications and
Product Packaging Materials, including, without limitation, labeling, artwork, names, logos and trademarks used in the
Product Packaging Materials. This Section shall survive termination of this Agreement.

 

10.2
Customer shall be responsible for obtaining all regulatory approvals, if any, that are required in relation to the distribution
and sale of the Product and shall ensure that any claims made with respect to the Product comply with all applicable laws and
regulations. Customer shall comply with all applicable laws and regulations applicable to the Product.

 

    	 	 	 

    	 

    

 

11.
LIABILITY AND INDEMNITY 

 

11.1
Customer shall indemnify, defend, and hold harmless Per Os and its affiliates and their respective officers, directors, employees,
agents and representatives (collectively, the “Indemnitees”), from and against any and all claims, damages, losses,
liabilities, penalties and expenses (including without limitation reasonable legal fees and expenses) resulting from or arising
out of (a) Customer’s actions, omissions, negligence or gross misconduct; (b) Customer’s advertising, promotion, distribution,
sale or use of the Product; (c) Customer’s breach or non-fulfillment of or failure to perform any covenant or agreement;
or (d) Customer’s violation of any law or regulation; except to the extent solely caused by Per Os negligence or gross misconduct.

 

11.2
In no event shall Per Os be liable for incidental, special, consequential or punitive damages, including any claim for damages
based on lost revenues or profits.

 

11.3
Per Os shall not be liable for product defects that have been caused by abnormal or incorrect conditions of use, storage pending
use, accident, misuse or negligence by Customer, its employees, servants and agents or by the Customer-designated carrier after
any Product leaves Per Os facility or the facility of its affiliates or subcontractors, as applicable.

 

11.4
Except as expressly set forth in this Agreement, Per Os makes no warranty, express or implied, and specifically makes no warranty
of merchantability or warranty of fitness for any particular purpose, regarding the Product.

 

12.
CONFIDENTIALITY 

 

12.1
In the course of performing its obligations under this Agreement, Customer may acquire information disclosed by Per Os (or on
Per Os behalf), whether directly or indirectly, in writing, orally, electronically or by drawings or inspection of equipment,
products, facilities, software or other property, that pertains to Per Os products, formulations, processes, equipment, pricing,
developments or plans (“Confidential Information”).

 

12.2
Customer shall not (a) disclose any Confidential Information to any third party or (b) use any Confidential Information for any
purpose other than in connection with the performance of its obligations pursuant to this Agreement, without prior written consent
of Per Os.

 

13.
MISCELLANEOUS 

 

13.1
This Agreement, including the Cover Sheet and any Exhibits attached to this Agreement, and all ancillary documents contemplated
hereby and referenced herein constitute the entire agreement between Customer and Per Os with respect to the subject matter hereof
and thereof and supersede all prior agreements and understandings, both written and oral, between the parties with respect to
the subject matter hereof and thereof. Neither this Agreement nor any provision hereof can be amended, changed, supplemented,
or waived, except in a written agreement signed by each of the parties hereto.

 

13.2
Each party is and shall in all respects be treated as an independent contractor of the other party and nothing contained in this
Agreement shall be construed to create any agency, partnership, joint venture or similar relationship between Customer and Per
Os.

 

13.3
Neither party may assign its rights or obligations under this Agreement without the prior written consent of the other party,
provided that Per Os may, without Customer’s consent, assign its rights and obligations under this Agreement to any of its
affiliates or successors.

 

13.4
The laws of the State of Maryland shall govern the validity and construction of this Agreement and all rights and obligations
of, and disputes between or among, the parties arising out of or related to this Agreement or the transactions contemplated by
this Agreement, whether in contract, tort or otherwise, without regard to the principles of conflict of laws of the State of Maryland.
The parties consent to be subject to the exclusive jurisdiction of the United States District Court for the District of Maryland
and in the absence of such Federal jurisdiction, the parties consent to be subject to the exclusive jurisdiction of the courts
of the State of Maryland and the venue of the Circuit Court for Baltimore County and hereby waive the right to assert lack of
personal or subject matter jurisdiction or improper venue in connection with any such suit, action or other proceeding.

 

    	 	 	 

    	 

    

 

13.5
The parties to this Agreement acknowledge and agree that the manufacturing process may be conducted partly or wholly on behalf
of Per Os by its affiliates or subcontractors in accordance with applicable laws and regulations. Therefore, any references to
Per Os as being responsible for the manufacturing process shall be deemed to include performance by such affiliates and subcontractors
of any such manufacturing process, as applicable, while Per Os shall at all times remain responsible for such performance.

 

13.6
No failure or delay on the part of the parties hereto to exercise any right, power or privilege hereunder or under any instrument
executed pursuant hereto shall operate as a waiver; nor shall any single or partial exercise of any right, power or privilege
preclude any other or further exercise thereof or the exercise of any other right, power or privilege. All rights and remedies
granted herein shall be cumulative and in addition to other rights and remedies to which the parties may be entitled at law or
in equity.

 

13.7
In case any provision of this Agreement shall be held to be invalid, illegal or unenforceable, the validity, legality or enforceability
of the remaining provisions hereof shall not in any way be affected or impaired thereby.

 

13.8
All notices required or permitted under this Agreement shall be in writing and shall be delivered personally or sent by: (a) registered
or certified mail, return receipt requested; (b) a nationally-recognized courier service guaranteeing next-day delivery, charges
prepaid; or (c) facsimile (with the original promptly sent by any of the foregoing manners). Any such notices shall be addressed
to the receiving party at such party’s address as shown on the Cover Sheet or as may from time to time be furnished by similar
notice by either party. Any such notice shall be effective upon such personal delivery, one (1) business day after delivery to
such courier, upon transmission by facsimile (provided the original is sent as described herein), or three (3) business days after
it is sent by such registered or certified mail, as the case may be.

 

13.9
All dollar amounts referred to in this Agreement are in United States Dollars.

 

13.10
Sections 11, 12 and 13 shall survive the termination or expiration of this Agreement.

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