Document:

Execution
Copy

 

PLEDGE
AGREEMENT

 

THIS
PLEDGE AGREEMENT made as of this 29th day of January, 2018 (as amended, restated, supplemented or otherwise modified
from time to time, this “Agreement”), by OncBioMune Pharmaceuticals, Inc., a Nevada corporation (the “Pledgor”)
and Cavalry Fund I LP, a Delaware limited partnership, in its capacity as agent (subject to Section 1A, below) (“Agent”)
for the Purchasers identified below (in such capacity, together with its successors and assigns, the “Pledgee”).

 

WHEREAS:

 

A.
The Pledgor has executed and delivered to the purchaser identified in that certain Purchase Agreement (as defined below) (the
“Purchaser”, and together with its successors and assigns and each other purchaser of a Note (as defined below) and
their respective successors and assigns, individually and collectively, the “Purchasers”) those certain senior secured
convertible notes each made by the Pledgor and dated as of the date hereof in an original aggregate principal amounts of $333,333.33
(such notes, together with any promissory notes or other securities issued in exchange or substitution therefor or replacement
thereof, and as any of the same may be amended, supplemented, restated or modified and in effect from time to time, the “Notes”).
The Notes were issued pursuant to that certain Securities Purchase Agreement dated as the date hereof (as the same may be amended,
restated, supplemented or otherwise modified, the “Purchase Agreement”), among the Pledgor, the Agent and the Purchasers.
References to the “Transaction Documents” shall mean the Purchase Agreement, the Notes, the Warrants and the other
related agreements (capitalized terms not defined herein have shall have the meanings ascribed to them in the Purchase Agreement).

 

B.
The Pledgor legally and beneficially owns the interests specified on Exhibit A hereto and each other corporation or other
entity, the stock or other equity interests and securities of which are owned or acquired by Pledgor and described on an addendum
hereto from time to time executed by Pledgor in form and substance satisfactory to Pledgee (each such entity is referred to herein
as a “Pledge Entity” and collectively as the “Pledge Entities,” which shall include all subsidiaries of
OBMP during the time this Agreement remains in effect); provided that the parties hereto agree that, as of the date hereof, the
Pledge Entities specified on Exhibit A are the only Pledge Entities.

 

C.
Pursuant to Security Agreement dated as of January 29, 2017 by and among the Agent, the Pledgor, the other entities party thereto
as “Debtors” and Pledgee (as the same may be amended, restated, modified or supplement and in effect from time to
time, the “Security Agreement”), the Pledgor has granted Pledgee, for its benefit and the benefit of the Purchasers,
a first priority security interest in, lien upon and pledge of all of such Pledgor’s rights in such Pledgor’s Collateral
(as defined in the Security Agreement).

 

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D.
To induce the Purchasers to enter into the Purchase Agreement, purchase the Notes and to make the financial accommodations available
to the Pledgor under the Purchase Agreement, and in order to secure the payment and performance by the Pledgor of the Obligations
(as hereafter defined), the Pledgor has agreed to pledge to Pledgee all of the capital stock and other equity interests and securities
(the “Pledged Equity”) of the Pledge Entities now or hereafter owned or acquired by such Pledgor to secure the Obligations.
For purposes of this Agreement, “Obligations” means all obligations, liabilities and indebtedness of every nature
of Pledgor from time to time owed or owing under or in respect of this Agreement, the Purchase Agreement, the Notes, the Security
Agreement, the Subsidiary Guarantees and any of the other Transaction Documents, as the case may be, including, without limitation,
the principal amount of all debts, claims and indebtedness, accrued and unpaid interest and all fees, costs and expenses, whether
primary, secondary, direct, contingent, fixed or otherwise, heretofore, now and/or from time to time hereafter owing, due or payable
whether before or after the filing of a bankruptcy, insolvency or similar proceeding under applicable federal, state, foreign
or other law and whether or not an allowed claim in any such proceeding.

 

NOW,
THEREFORE, in consideration of the premises and in order to induce the Purchasers to purchase the Notes under the Purchase Agreement
and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Pledgor hereby
agrees with Pledgee as follows:

 

1.
Defined Terms. Unless otherwise defined
herein, all capitalized terms used herein shall have the meanings given them in the Purchase Agreement.

 

1A.
Replacement of Agent. Upon written notice by 50% of the Purchasers that such Purchasers object to Cavalry Fund I LP serving
as Agent under this Agreement, Cavalry Fund I LP shall be replaced as Agent by a person or entity which shall be acceptable to
at least 50% of the Purchasers.

 

2.
Pledge.

 

(a)
The Pledgor hereby pledges, assigns, hypothecates,
transfers, delivers and grants to Pledgee, for the benefit of itself and the Purchasers, a first lien on and first priority perfected
security interest in (i) all of the Pledged Equity and other equity interests of the Pledge Entities now owned or hereafter acquired
by such Pledgor (collectively, the “Pledged Interests”), (ii) any other shares of Pledged Equity hereafter pledged
or referred to be pledged to the Pledgee pursuant to this Agreement; (ii) all “investment property” as such term is
defined in §9-102(a)(49) of the UCC (as defined below) with respect thereto; (iv) any “security entitlement”
as such term is defined in § 8-102(a)(17) of the UCC with respect thereto; (v) all books and records relating to the foregoing;
and (vi) all Accessions and Proceeds (as each is defined in the UCC) of the foregoing, including, without limitation, all distributions
(cash, stock, or otherwise), dividends, stock dividends, securities, cash, instruments, rights to subscribe, purchase, or sell,
and other property, rights, and interest that such Pledgor is at any time entitled to receive or is otherwise distributed in respect
of, or in exchange for, any or all of the Pledged Collateral (as defined below), and without affecting the obligations of the
Pledgor under any provision of the Security Agreement, in the event of any consolidation or merger in which the Pledgor is not
the surviving corporation, all shares of each class or Pledged Equity of the successor entity formed by or resulting from such
consolidation or merger (the collateral described in clauses (i) through (vi) of this Section 2 being collectively referred
to as the “Pledged Collateral”), as collateral security for the prompt and complete payment and performance when due
(whether at the stated maturity, by acceleration or otherwise) of the Obligations. All of the Pledged Interests now owned by the
Pledgor which are presently represented by certificates are listed on Exhibit A hereto, which certificates, with undated
assignments separate from certificates or stock/membership interest powers duly executed in blank by such Pledgor and irrevocable
proxies, are being delivered to Pledgee simultaneously herewith. Upon the creation or acquisition of any new Pledged Interests,
Pledgor shall execute an Addendum in the form of Exhibit B attached hereto (a “Pledge Addendum”). Any Pledged
Collateral described in a Pledge Addendum executed by Pledgor shall thereafter be deemed to be listed on Exhibit A hereto.
Pledgee shall maintain possession and custody of the certificates representing the Pledged Interests and any additional Pledged
Collateral.

 

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(b)
Each Pledged Interest consisting of either (i)
a membership interest in a Person that is a limited liability company or (ii) a partnership interest in a Person that is a partnership
(if any) (1) is not and will not be evidenced by a certificate and (2) is not and will not be deemed a “security”
governed by Article 8 of the UCC.

 

3.
Representations and Warranties of Pledgor.
The Pledgor represents and warrants to Pledgee, and covenants with Pledgee, that:

 

(a)
Exhibit A sets forth (i) the authorized
capital stock and other equity interests of each Pledge Entity, (ii) the number of shares of capital stock and other equity interests
of each Pledge Entity that are issued and outstanding as of the date hereof, and (iii) the percentage of the issued and outstanding
shares of capital stock and other equity interests of each Pledge Entity held by such Pledgor. Such Pledgor is the record and
beneficial owner of, and has good and marketable title to, the Pledged Interests of such Pledgor, and such shares are and will
remain free and clear of all pledges, liens, security interests and other encumbrances and restrictions whatsoever, except the
liens and security interests in favor of Pledgee created by this Agreement;

 

(b)
Except as set forth on Exhibit A, there
are no outstanding options, warrants or other similar agreements with respect to the Pledged Interests or any of the other Pledged
Collateral;

 

(c)
This Agreement is the legal, valid and binding
obligation of the Pledgor, enforceable against the Pledgor in accordance with its terms except to the extent that such enforceability
is subject to applicable bankruptcy, insolvency, reorganization, fraudulent conveyance and moratorium laws and other laws of general
application affecting enforcement of creditors’ rights generally, or the availability of equitable remedies, which are subject
to the discretion of the court before which an action may be brought;

 

(d)
The Pledged Interests have been duly and validly
authorized and issued, are fully paid and non-assessable, and the Pledged Interests listed on Exhibit A constitute all
of the issued and outstanding capital stock or other equity interests of the Pledge Entities;

 

(e)
No consent, approval or authorization of or designation
or filing with any governmental or regulatory authority on the part of the Pledgor is required in connection with the pledge and
security interest granted under this Agreement;

 

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(f)
The execution, delivery and performance of this
Agreement will not violate any provision of any applicable law or regulation or of any order, judgment, writ, award or decree
of any court, arbitrator or governmental authority, which are applicable to the Pledgor, or of the articles or certificate of
incorporation, certificate of formation, bylaws or any other similar organizational documents of the Pledgor or any Pledge Entity
or of any securities issued by the Pledgor or any Pledge Entity or of any mortgage, indenture, lease, contract, or other agreement,
instrument or undertaking to which the Pledgor or any Pledge Entity is a party or which is binding upon the Pledgor or any Pledge
Entity or upon any of the assets of the Pledgor or any Pledge Entity, and will not result in the creation or imposition of any
lien, charge or encumbrance on or security interest in any of the assets of the Pledgor or any Pledge Entity, except as otherwise
contemplated by this Agreement;

 

(g)
The pledge, assignment and delivery of the Pledged
Interests and the other Pledged Collateral pursuant to this Agreement creates a valid first lien on and perfected first priority
security interest in such Pledged Interests and Pledged Collateral and the proceeds thereof in favor of Pledgee, subject to no
prior pledge, lien, mortgage, hypothecation, security interest, charge, option or encumbrance or to any agreement purporting to
grant to any third party a security interest in the property or assets of Pledgor which would include the Pledged Interests or
any other Pledged Collateral. Until this Agreement is terminated pursuant to Section 11 hereof, the Pledgor covenants and agrees
that it will defend, for the benefit of Pledgee, Pledgee’s right, title and security interest in and to the Pledged Interests,
the other Pledged Collateral and the proceeds thereof against the claims and demands of all other persons or entities; and

 

(h)
Neither the Pledgor nor any Pledged Entity (i)
will become a person whose property or interests in property are blocked or subject to blocking pursuant to Section 1 of Executive
Order 13224 of September 23, 2001 Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit or
Support Terrorism (66 Fed. Reg. 49079(2001), (ii) will engage in any dealings or transactions prohibited by Section 2 of such
executive order, or (iii) will otherwise become a person on the list of Specially Designated Nationals and Blocked Persons or
subject to the limitations or prohibitions under any other Office of Foreign Asset Control regulation or executive order.

 

4.
Dividends, Distributions, Etc. If, prior
to irrevocable repayment in full in cash of the Obligations, the Pledgor shall receive any certificate (including, without limitation,
any certificate representing a dividend or a distribution in connection with any reclassification, increase or reduction of capital,
or issued in connection with any reorganization, merger or consolidation), or any options or rights, whether as an addition to,
in substitution for, or in exchange for any of the Pledged Interests or otherwise, such Pledgor agrees, in each case, to accept
the same as Pledgee’s agent and to hold the same in trust for Pledgee, and to deliver the same promptly (but in any event
within five days) to Pledgee in the exact form received, with the endorsement of such Pledgor when necessary and/or with appropriate
undated assignments separate from certificates or stock powers duly executed in blank, to be held by Pledgee subject to the terms
hereof, as additional Pledged Collateral. The Pledgor shall promptly deliver to Pledgee (i) a Pledge Addendum with respect to
such additional certificates, and (ii) any financing statements or amendments to financing statements as requested by Pledgee.
The Pledgor hereby authorizes Pledgee to attach each such Pledge Addendum to this Agreement. Except as provided in Section 5(b)
below, all sums of money and property so paid or distributed in respect of the Pledged Interests which are received by the Pledgor
shall, until paid or delivered to Pledgee, be held by Pledgor in trust as additional Pledged Collateral.

 

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5.
Voting Rights; Dividends; Certificates.

 

(a)
So long as no Event of Default (as defined in
the Notes) has occurred and is continuing, the Pledgor shall be entitled (subject to the other provisions hereof, including, without
limitation, Section 8 below) to exercise its voting and other consensual rights with respect to the Pledged Interests and otherwise
exercise the incidents of ownership thereof in any manner not inconsistent with this Agreement, the Purchase Agreement and/or
any of the other Transaction Documents. The Pledgor hereby grants to Pledgee or its nominee, an irrevocable proxy to exercise
all voting, corporate and limited liability company rights relating to the Pledged Interests in any instance, which proxy shall
be effective, at the discretion of Pledgee, upon the occurrence and during the continuance of an Event of Default. Upon the request
of Pledgee at any time, The Pledgor agrees to deliver to Pledgee such further evidence of such irrevocable proxy or such further
irrevocable proxies to vote the Pledged Interests as Pledgee may request.

 

(b)
So long as no Event of Default shall have occurred
and be continuing, the Pledgor shall be entitled to receive cash dividends or other distributions made in respect of the Pledged
Interests, to the extent permitted to be made pursuant to the terms of the Notes and the Purchase Agreement. Upon the occurrence
and during the continuance of an Event of Default, in the event that the Pledgor, as record and beneficial owner of the Pledged
Interests, shall have received or shall have become entitled to receive, any cash dividends or other distributions in the ordinary
course, such Pledgor shall deliver to Pledgee, and Pledgee shall be entitled to receive and retain, for the benefit of Pledgee
and the Purchasers, all such cash or other distributions as additional security for the Obligations.

 

(c)
Subject to any sale or other disposition by Pledgee
of the Pledged Interests, any other Pledged Collateral or other property pursuant to this Agreement, upon the indefeasible full
payment in cash, satisfaction and termination of all of the Obligations and the termination of this Agreement pursuant to Section
11 hereof and of the liens and security interests hereby granted, the Pledged Interests, the other Pledged Collateral and any
other property then held as part of the Pledged Collateral in accordance with the provisions of this Agreement shall be returned
to the Pledgor or to such other persons or entities as shall be legally entitled thereto.

 

(d)
The Pledgor shall cause all Pledged Interests
(other than the Pledged Interests consisting of limited liability company interests) to be certificated at all times while this
Agreement is in effect.

 

6.
Rights of Pledgee. Pledgee shall not be
liable for failure to collect or realize upon the Obligations or any collateral security or guaranty therefor, or any part thereof,
or for any delay in so doing, nor shall Pledgee be under any obligation to take any action whatsoever with regard thereto. Any
or all of the Pledged Interests held by Pledgee hereunder may, if an Event of Default has occurred and is continuing, without
notice, be registered in the name of Pledgee or its nominee, and Pledgee or its nominee may thereafter without notice exercise
all voting and corporate rights at any meeting with respect to any Pledge Entity and exercise any and all rights of conversion,
exchange, subscription or any other rights, privileges or options pertaining to any of the Pledged Interests as if it were the
absolute owner thereof, including, without limitation, the right to vote in favor of, and to exchange at its discretion any and
all of the Pledged Interests upon the merger, consolidation, reorganization, recapitalization or other readjustment with respect
to any Pledge Entity or upon the exercise by any Pledge Entity, the Pledgor or Pledgee of any right, privilege or option pertaining
to any of the Pledged Interests, and in connection therewith, to deposit and deliver any and all of the Pledged Interests with
any committee, depository, transfer agent, registrar or other designated agency upon such terms and conditions as Pledgee may
reasonably determine, all without liability except to account for property actually received by Pledgee, but Pledgee shall have
no duty to exercise any of the aforesaid rights, privileges or options and shall not be responsible for any failure to do so or
delay in so doing.

 

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7.
Remedies. Upon the occurrence and during
the continuance of an Event of Default, Pledgee may exercise in respect of the Pledged Collateral, in addition to other rights
and remedies provided for herein or otherwise available to it, all the rights and remedies of a secured party under the Uniform
Commercial Code (“UCC”) of the jurisdiction applicable to the affected Pledged Collateral from time to time. Without
limiting the foregoing, Pledgee may, without demand of performance or other demand, advertisement or notice of any kind (except
the notice specified below of time and place of public or private sale) to or upon the Pledgor or any other person or entity (all
and each of which demands, advertisements and/or notices are hereby expressly waived), upon the occurrence and during the continuance
of an Event of Default forthwith collect, receive, appropriate and realize upon the Pledged Collateral, or any part thereof, and/or
may forthwith date and otherwise fill in the blanks on any assignments separate from certificates or stock power or otherwise
sell, assign, give an option or options to purchase, contract to sell or otherwise dispose of and deliver said Pledged Collateral,
or any part thereof, in one or more portions at one or more public or private sales or dispositions, at any exchange or broker’s
board or at any of Pledgee’s offices or elsewhere upon such terms and conditions as Pledgee may deem advisable and at such
prices as it may deem best, for any combination of cash and/or securities or other property or on credit or for future delivery
without assumption of any credit risk, with the right to Pledgee upon any such sale, public or private, to purchase the whole
or any part of said Pledged Collateral so sold, free of any right or equity of redemption in Pledgor, which right or equity is
hereby expressly waived or released. Pledgee shall apply the net proceeds of any such collection, recovery, receipt, appropriation,
realization, sale or disposition, after deducting all costs and expenses of every kind incurred therein or incidental to the safekeeping
of any and all of the Pledged Collateral or in any way relating to the rights of Pledgee hereunder, including reasonable attorneys’
fees and legal expenses, to the payment, in whole or in part, of the Obligations, in such order as Pledgee may elect. The Pledgor
shall remain liable for any deficiency remaining unpaid after such application. Only after so paying over such net proceeds and
after the payment by Pledgee of any other amount required by any provision of law, including, without limitation, Section 9-608
of the UCC, need Pledgee account for the surplus, if any, to the Pledgor. The Pledgor agrees that Pledgee need not give more than
ten (10) days’ notice of the time and place of any public sale or of the time after which a private sale or other intended
disposition is to take place and that such notice is reasonable notification of such matters. No notification need be given to
the Pledgor if it has signed after default a statement renouncing or modifying any right to notification of sale or other intended
disposition. Notwithstanding any provision in any operating agreement or shareholder agreement of any issuer of the Pledged Collateral
or the Delaware Limited Liability Company Act or any applicable laws to the contrary, the undersigned constituting all of the
members and/or shareholders of each issuer hereby acknowledge that such member and/or shareholder, as applicable, may pledge to
the Agent all of such member’s and/or shareholder’s right, title and interest in such issuer, and upon foreclosure
the successful bidder (which may include the Agent) will be deemed admitted as a member and/or shareholder, as applicable, of
such issuer, and will automatically succeed to all of such pledged right, title and interest, including without limitation such
members’ and/or shareholder’s limited liability company and equity interests, right to vote and participate in the
management and business affairs of the issuer, right to a share of the profits and losses of the issuer and right to receive distributions
from the issuer.

 

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8.
No Disposition, Etc. Until the irrevocable
payment in full, satisfaction or expiration of the Notes, the Pledgor agrees that it will not sell, assign, transfer, exchange,
or otherwise dispose of, or grant any option with respect to, the Pledged Interests or any other Pledged Collateral, nor will
the Pledgor create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, charge, option or any
other encumbrance with respect to any of the Pledged Interests or any other Pledged Collateral, or any interest therein, or any
proceeds thereof, except for the lien and security interest of Pledgee provided for by this Agreement and the Security Agreement
and Permitted Encumbrance, as defined in the Purchase Agreements.

 

9.
Sale of Pledged Interests.

 

(a)
The Pledgor recognizes that Pledgee may be unable
to effect a public sale or disposition (including, without limitation, any disposition in connection with a merger of a Pledge
Entity) of any or all the Pledged Interests by reason of certain prohibitions contained in the Securities Act, and applicable
state securities laws, but may be compelled to resort to one or more private sales or dispositions thereof to a restricted group
of purchasers who will be obliged to agree, among other things, to acquire such securities for their own account, for investment
and not with a view to the distribution or resale thereof. The Pledgor acknowledges and agrees that any such private sale or disposition
may result in prices and other terms (including the terms of any securities or other property received in connection therewith)
less favorable to the seller than if such sale or disposition were a public sale or disposition and the Pledgor agrees that it
is not commercially unreasonable for Pledgee to engage in any such private sales or dispositions under such circumstances. Pledgee
shall be under no obligation to delay a sale or disposition of any of the Pledged Interests in order to permit the Pledgor or
a Pledge Entity to register such securities for public sale under the Securities Act, or under applicable state securities laws,
even if such Pledgor or a Pledge Entity would agree to do so.

 

(b)
The Pledgor further agrees to do or cause to
be done all such other acts and things as may be reasonably necessary to make such sales or dispositions of the Pledged Interests
valid and binding and in compliance with any and all applicable laws, regulations, orders, writs, injunctions, decrees or awards
of any and all courts, arbitrators or governmental instrumentalities, domestic or foreign, having jurisdiction over any such sales
or dispositions, all at such Pledgor’s expense; provided that the Pledgor shall have any obligation to register the Pledged
Interests as securities under the Securities Act or the applicable state securities laws solely by virtue of this Section 9(b).
The Pledgor further agrees that a breach of any of the covenants contained in Sections 4, 5(a), 5(b), 8, 9 and 24 will cause irreparable
injury to Pledgee and that Pledgee has no adequate remedy at law in respect of such breach and, as a consequence, agrees, without
limiting the right of Pledgee to seek and obtain specific performance of other obligations of the Pledgor contained in this Agreement,
that each and every covenant referenced above shall be specifically enforceable against the Pledgor, and the Pledgor hereby waives
and agrees not to assert any defenses against an action for specific performance of such covenants.

 

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(c)
The Pledgor further agrees to indemnify and hold
harmless the Purchasers, Pledgee and their respective successors and assigns, their respective officers, directors, employees,
attorneys and agents, and any person or entity in control of any thereof, from and against any loss, liability, claim, damage
and expense, including, without limitation, legal fees and expenses (in this paragraph collectively called the “Indemnified
Liabilities”), under federal and state securities laws or otherwise insofar as such Indemnified Liability (i) arises out
of or is based upon any untrue statement or alleged untrue statement of a material fact contained in any registration statement,
prospectus or offering memorandum or in any preliminary prospectus or preliminary offering memorandum or in any amendment or supplement
to any thereof or in any other writing prepared by the Pledgor in connection with the offer, sale or resale of all or any portion
of the Pledged Collateral unless such untrue statement of material fact was provided by Pledgee, in writing, specifically for
inclusion therein, or (ii) arises out of or is based upon any omission or alleged omission to state therein a material fact required
to be stated or necessary to make the statements therein not misleading, such indemnification to remain operative regardless of
any investigation made by or on behalf of Pledgee or any successor thereof, or any person or entity in control of any thereof.
In connection with a public sale or other distribution, the Pledgor will provide customary indemnification to any underwriters,
their successors and assigns, officers and directors and each person or entity who controls any such underwriter (within the meaning
of the Securities Act). If and to the extent that the foregoing undertakings in this paragraph may be unenforceable for any reason,
the Pledgor agrees to jointly and severally make the maximum contribution to the payment and satisfaction of each of the Indemnified
Liabilities which is permissible under applicable law. The obligations of the Pledgor under this paragraph (c) shall survive
any termination of this Agreement.

 

(d)
The Pledgor further agrees not to exercise any
and all rights of subrogation it may have against a Pledge Entity upon the sale or disposition of all or any portion of the Pledged
Collateral by Pledgee pursuant to the terms of this Agreement until the termination of this Agreement in accordance with Section
11 below.

 

10.
No Waiver; Cumulative Remedies. Pledgee
shall not by any act, delay, omission or otherwise be deemed to have waived any of its remedies hereunder, and no waiver by Pledgee
shall be valid unless in writing and signed by Pledgee, and then only to the extent therein set forth. A waiver by Pledgee of
any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which Pledgee would otherwise
have on any further occasion. No course of dealing between the Pledgor and Pledgee and no failure to exercise, nor any delay in
exercising on the part of Pledgee or the Purchasers of, any right, power or privilege hereunder or under the other Transaction
Documents shall impair such right or remedy or operate as a waiver thereof; nor shall any single or partial exercise of any right,
power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, power or privilege.
The rights and remedies herein provided are cumulative and may be exercised singly or concurrently, and are not exclusive of any
rights or remedies provided by law or in the Purchase Agreement.

 

11.
Termination. This Agreement and the liens
and security interests granted hereunder shall terminate and Pledgee, at the Pledgor’s sole cost and expense, shall return
any Pledged Interests or other Pledged Collateral then held by Pledgee in accordance with the provisions of this Agreement to
Pledgor upon the full and complete performance and indefeasible satisfaction of all of the Notes (including, without limitation,
the indefeasible payment in full in cash of all obligations under such Notes) and (ii) with respect to which claims have been
asserted by Pledgee and/or Purchasers.

 

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12.
Possession of Collateral. Beyond the exercise
of reasonable care to assure the safe custody of the Pledged Interests in the physical possession of Pledgee pursuant hereto,
neither Pledgee, nor any nominee of Pledgee, shall have any duty or liability to collect any sums due in respect thereof or to
protect, preserve or exercise any rights pertaining thereto (including any duty to ascertain or take action with respect to calls,
conversions, exchanges, maturities, tenders or other matters relating to the Pledged Collateral and any duty to take any necessary
steps to preserve rights against any parties with respect to the Pledged Collateral), and shall be relieved of all responsibility
for the Pledged Collateral upon surrendering them to the Pledgor. The Pledgor assumes the responsibility for being and keeping
itself informed of the financial condition of a Pledge Entity and of all other circumstances bearing upon the risk of non-payment
of the Obligations, and Pledgee shall have no duty to advise the Pledgor of information known to Pledgee regarding such condition
or any such circumstance. Pledgee shall have no duty to inquire into the powers of a Pledge Entity or its officers, directors,
managers, members, partners or agents thereof acting or purporting to act on its behalf.

 

13.
Taxes and Expenses. The Pledgor will jointly
and severally pay to Pledgee within the Applicable Time Frame (as hereafter defined) (a) any taxes (excluding income taxes, franchise
taxes or other taxes levied on gross earnings, profits or the like of Pledgee) payable or ruled payable by any Governmental Authority
(as defined in the Security Agreement) in respect of this Agreement, together with interest and penalties, if any, and (b) all
expenses, including the fees and expenses of counsel for Pledgee and of any experts and agents that Pledgee may incur in connection
with (i) the administration, modification or amendment of this Agreement, (ii) the custody or preservation of, or the sale of,
collection from, or other realization upon, any of the Pledged Collateral, (iii) the exercise or enforcement of any of the rights
of Pledgee hereunder, or (iv) the failure of Pledgor to perform or observe any of the provisions hereof. For purposes hereof,
the term “Applicable Time Frame” means the earlier of (a) ten (10) days after Pledgee’s written demand for such
payment and (b) the date set forth in Pledgee’s written demand for such payment if such payment is required to be made by
Pledgee prior to the ten (10) day period referred to in the foregoing clause “(a).”

 

14.
Pledgee Appointed Attorney-In-Fact. The
Pledgor hereby irrevocably appoints Pledgee as such Pledgor’s attorney-in-fact, with full authority in the place and stead
of such Pledgor and in the name of such Pledgor or otherwise, from time to time in Pledgee’s discretion, to take any action
and to execute any instrument that Pledgee deems reasonably necessary or advisable to accomplish the purposes of this Agreement,
including, without limitation, to receive, endorse and collect all instruments made payable to such Pledgor representing any dividend,
interest payment or other distribution in respect of the Pledged Collateral or any part thereof and to give full discharge for
the same, when and to the extent permitted by this Agreement; provided that the power of attorney granted hereunder shall only
be exercised by Pledgee after the occurrence and during the continuance of an Event of Default.

 

    	9

     

    

 

15.
Governing Law; Jurisdiction; Jury Trial.
All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by the
internal laws of the State of New York, without giving effect to any choice of law or conflict of law provision or rule (whether
of the State of New York or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than
the State of New York. Each party hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts sitting
in the City of New York, borough of Manhattan, for the adjudication of any dispute hereunder or in connection herewith or with
any transaction contemplated hereby or discussed herein, and hereby irrevocably waives, and agrees not to assert in any suit,
action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit, action
or proceeding is brought in an inconvenient forum or that the venue of such suit, action or proceeding is improper. Each party
hereby irrevocably waives personal service of process and consents to process being served in any such suit, action or proceeding
by mailing by registered or certified mail a copy thereof to such party at the address for such notices to it under this Agreement
and agrees that such service shall constitute good and sufficient service of process and notice thereof five (5) business days
after the mailing thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any manner
permitted by law. Notwithstanding the foregoing, the Pledgee may enforce its rights and remedies in any other jurisdiction applicable
to the Pledged Collateral. EACH PARTY HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY HAVE, AND AGREES NOT TO REQUEST, A JURY TRIAL
FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR IN CONNECTION HEREWITH OR ARISING OUT OF THIS AGREEMENT OR ANY TRANSACTION CONTEMPLATED
HEREBY.

 

16.
Counterparts. This Agreement may be executed
in two or more identical counterparts, all of which together shall be considered one and the same agreement and shall become effective
when counterparts have been signed by each party and delivered to the other party; provided that a facsimile, .pdf or similar
electronically transmitted signature shall be considered due execution and shall be binding upon the signatory thereto with the
same force and effect as if the signature were an original signature.

 

17.
Headings. The headings of this Agreement
are for convenience of reference and shall not form part of, or affect the interpretation of, this Agreement.

 

18.
Severability. If any provision of this
Agreement shall be invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall not affect the validity
or enforceability of the remainder of this Agreement in that jurisdiction or the validity or enforceability of any provision of
this Agreement in any other jurisdiction.

 

19.
ENTIRE AGREEMENT; AMENDMENTS. THIS AGREEMENT,
TOGETHER WITH THE OTHER TRANSACTION DOCUMENTS, SUPERSEDES ALL OTHER PRIOR ORAL OR WRITTEN AGREEMENTS BETWEEN THE PLEDGOR, PLEDGEE,
THEIR AFFILIATES AND PERSONS ACTING ON THEIR BEHALF WITH RESPECT TO THE MATTERS DISCUSSED HEREIN, AND THIS AGREEMENT, TOGETHER
WITH THE OTHER TRANSACTION DOCUMENTS AND THE OTHER INSTRUMENTS REFERENCED HEREIN AND THEREIN, CONTAIN THE ENTIRE UNDERSTANDING
OF THE PARTIES WITH RESPECT TO THE MATTERS COVERED HEREIN AND THEREIN AND, EXCEPT AS SPECIFICALLY SET FORTH HEREIN OR THEREIN,
NEITHER THE PLEDGEE NOR THE PLEDGOR MAKES ANY REPRESENTATION, WARRANTY, COVENANT OR UNDERTAKING WITH RESPECT TO SUCH MATTERS.
AS OF THE DATE OF THIS AGREEMENT, THERE ARE NO UNWRITTEN AGREEMENT BETWEEN THE PARTIES WITH RESPECT TO THE MATTERS DISCUSSED HEREIN.
EXCEPT AS SET FORTH IN SECTION 2(A) HEREOF, NO PROVISION OF THIS AGREEMENT MAY BE AMENDED, MODIFIED OR SUPPLEMENTED OTHER THAN
BY AN INSTRUMENT IN WRITING SIGNED BY THE PLEDGOR AND PLEDGEE.

 

    	10

     

    

 

20.
Notices. All notices, approvals, requests,
demands and other communications hereunder shall be delivered or made in the manner set forth in, and shall be effective in accordance
with the terms of, the Purchase Agreement, in the case of communications to the Agent, directed to the notice address set forth
in the Security Agreement.

 

21.
Successors and Assigns. This Agreement
shall be binding upon and inure to the benefit of the parties and their respective successors and assigns, including any purchasers
of the Notes. Pledgor shall not assign this Agreement or any rights or obligations hereunder without the prior written consent
of Pledgee. Pledgee may assign its rights hereunder without the consent of each holder of any Notes, in which event such assignee
shall be deemed to be Pledgee hereunder with respect to such assigned rights.

 

22.
No Third Party Beneficiaries. This Agreement
is intended for the benefit of the parties hereto and their respective successors and permitted assigns, and is not for the benefit
of, nor may any provision hereof be enforced by, any other person or entity.

 

23.
Survival. All representations, warranties,
covenants and agreements of Pledgor and Pledgee shall survive the execution and delivery of this Agreement.

 

24.
Further Assurances. The Pledgor agrees
that it will, at any time and from time to time upon the written request of Pledgee, execute and deliver all assignments separate
from certificates or stock powers, financing statements and such further documents and do such further acts and things as Pledgee
may reasonably request consistent with the provisions hereof in order to carry out the intent and accomplish the purpose of this
Agreement and the consummation of the transactions contemplated hereby.

 

25.
No Strict Construction. The language used
in this Agreement will be deemed to be the language chosen by the parties to express their mutual intent, and no rules of strict
construction will be applied against any party.

 

26.
Pledgee Authorized. The Pledgor hereby
authorizes Pledgee to file one or more financing or continuation statements and amendments thereto (or similar documents required
by any laws of any applicable jurisdiction) relating to all or any part of the Pledged Interests or other Pledged Collateral without
the signature of such Pledgor.

 

27.
Pledgee Acknowledgement. The Pledgor acknowledges
receipt of an executed copy of this Agreement. The Pledgor waives the right to receive any amount that it may now or hereafter
be entitled to receive (whether by way of damages, fine, penalty, or otherwise) by reason of the failure of the Pledgee to deliver
to the Pledgor a copy of any financing statement or any statement issued by any registry that confirms registration of a financing
statement relating to this Agreement.

 

28.
Agent. The terms and provisions of the
Securities Purchase Agreements which set forth the appointment of the Pledgee as Agent and the terms and provisions of the Security
Agreement which set forth the indemnifications to which the Agent is entitled are hereby incorporated by reference herein as if
fully set forth herein.

 

[Signature
Page Follows]

 

    	11

     

    

 

IN
WITNESS WHEREOF, the parties hereto have caused this Pledge Agreement to be duly executed and delivered by their duly authorized
officers on the date first above written.

 

	 	PLEDGOR:
	 	 
	 	oncbiomune pharmaceuticals, inc.,

                                                                                a Nevada corporation

	 	 
	 	By	                
	 	Name:	Jonathan
    F. Head
	 	Title:
    	Chief
    Executive Officer
	 	 
	 	PLEDGEE:
	 	 
	 	Cavalry
    Fund I LP, a Delaware limited 
	 	partnership, in its capacity as agent for the

                                                                                Purchasers

	 	 
	 	By:
    	              
	 	Name:	 
	 	Title:
    	 

 

    	 	 	SIGNATURE PAGE TO
PLEDGE AGREEMENT

     

    

 

ACKNOWLEDGEMENT

 

Each
of the undersigned hereby (i) acknowledges receipt of a copy of the foregoing Pledge Agreement, (ii) waives any rights or requirement
at any time hereafter to receive a copy of such Pledge Agreement in connection with the registration of any Pledged Interests
(as defined therein) in the name of Pledgee or its nominee or the exercise of voting rights by Pledgee and (iii) agrees promptly
to note on its books and records the grant of the security interest in the stock or other equity interests of the undersigned
as provided in such Pledge Agreement.

 

Dated:
January 29, 2018

 

	ONCBIOMUNE,
    INC., a Louisiana  corporation	 
	 	 	 
	By:
    	   	 
	Name:	Jonathan F. Head 	 
	Title:	President	 

 

    	 	 	SIGNATURE PAGE TO ACKNOWLEDGMENT TO

                                                                                PLEDGE AGREEMENT

     

    

 

EXHIBIT
A

to
Pledge Agreement

 

Description
of Pledged Interests or Units

 

	Pledgor	 	Name
                                         of Pledged

                                                                                Entity
	 	Class	 	Stock
    or Unit Certificate No.	 	Percentage
    of Units Held by Pledgor
	ONCBIOMUNE
    PHARMACEUTICALS, INC., a Nevada corporation	 	ONCBIOMUNE,
    INC., a Louisiana corporation	 	Common
    Stock	 	 	 	100%

 

    	 

     

    

 

EXHIBIT
B

to Pledge Agreement

 

Addendum
to Pledge Agreement

 

The
undersigned, being the Pledgor pursuant to that certain Pledge Agreement dated as of January 29, 2018 (as amended, restated, supplemented
or otherwise modified from time to time, the “Pledge Agreement”) in favor of the holders of those certain Notes,
as defined in the Pledge Agreement, with Cavalry Fund I LP, a Delaware limited partnership, acting as Agent (“Pledgee”),
by executing this Addendum, hereby acknowledges that Pledgor has acquired and legally and beneficially owns all of the issued
and outstanding [ shares of capital stock ] of [__________________, a _______ [corporation /other entity] ] (“Company”)
described below (the “Shares”). Pledgor hereby agrees and acknowledges that the Shares shall be deemed Pledged
Interests pursuant to the Pledge Agreement. Pledgor hereby represents and warrants to Pledgee that (i) all of the [capital stock
/ type of interest] of the Company now owned by Pledgor is presently represented by the certificates listed below, which certificates,
with undated assignments separate from certificate or stock powers duly executed in blank by Pledgor, are being delivered to Pledgee,
simultaneously herewith (or have been previously delivered to Pledgee), and (ii) after giving effect to this addendum, the representations
and warranties set forth in Section 3 of the Pledge Agreement are true, complete and correct as of the date hereof.

 

Pledged
Interests

 

	Name
                                         of the Pledged

                                                                                Entity
	 	Class
                                         of Equity

                                                                                Interest
	 	Certificate

                                                                                No.
	 	Percentage
                                         of Units Held by

                                                                                Pledgor

	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 

 

IN
WITNESS WHEREOF, Pledgor has executed this Addendum this _____ day of ______.

 

	 	ONCBIOMUNE
    PHARMACEUTICALS, INC.
	 	 
	 	By:	                      
	 	Name:
    	 
	 	Title:Execution
Copy

 

SUBSIDIARY
GUARANTY

 

This
SUBSIDIARY GUARANTY (as amended, restated, supplemented, or otherwise modified and in effect from time to time, this “Guaranty”)
is made as of this 29thday of January, 2018, jointly and severally, between OncBioMune Pharmaceuticals, Inc., a Nevada corporation
(“OBMP”) and OncBioMune, Inc., a Louisiana corporation (“the “Subsidiary” and, together with OBMP,
the “Companies”) (the Subsidiary together with each other person or entity who becomes a party to this Guaranty by
execution of a joinder in the form of Exhibit A attached hereto, which shall include all wholly-owned or majority-owned
subsidiaries of OBMP acquired after the date hereof for so long as this Guaranty remains in effect, shall each referred to individually
as a “Guarantor” and collectively as the “Guarantors”); in favor of the Purchasers listed on the signature
pages of that certain Securities Purchase Agreement dated January 29, 2018 (each, a “Purchaser”, and together with
its successors and assigns and each other purchaser of a Note (as defined below) and their respective successors and assigns,
individually and collectively, the “Purchasers”), and Cavalry Fund I LP, a Delaware limited partnership, as agent
for the Purchasers (the “Agent”) (subject to Section 1A, below).

 

W
I T N E S S E T H:

 

WHEREAS,
the Purchasers have made, and may make, loans and certain other financial accommodations (collectively, the “Loans”)
to OBMP as evidenced by those certain senior convertible notes dated January 29, 2018 (the “Closing Date”) in an original
aggregate principal amount of $333,333.33 (such notes, together with any promissory notes or other securities issued in exchange
or substitution therefor or replacement thereof, and as any of the same may be amended, supplemented, restated or modified and
in effect from time to time, the “Notes”), all of which shall be issued at the Closing Date;

 

WHEREAS,
the Notes are being acquired by the Purchasers pursuant to a Securities Purchase Agreement dated as of the Closing Date hereof
among the Purchasers and OBMP (as the same may be amended, restated, supplemented or otherwise modified from time to time, the
“Purchase Agreement”);

 

WHEREAS,
pursuant to a Pledge Agreement dated as of the Closing Date by OBMP in favor of the Agent, OBMP has pledged a lien on and security
interest in all of the issued and outstanding equity interests of the Subsidiary;

 

WHEREAS,
pursuant to a Security Agreement dated as of the Closing Date (as the same may be amended, restated, supplemented or otherwise
modified and in effect from time to time, the “Security Agreement”) by the Debtors (as defined therein) in favor of
the Agent as Collateral Agent, such Debtors have granted the Agent, for its benefit and the benefit of the Purchasers, a first
priority security interest in, lien upon and pledge of each of their rights in the Collateral (as defined in the Security Agreement);
and

 

WHEREAS,
the Guarantor is a subsidiary of OBMP and, as such, will derive substantial benefit and advantage from the Loans and other financial
accommodations available to OBMP set forth in the Purchase Agreement, the Notes and the other related agreements (together, the
“Transaction Documents”), and it will be to Guarantor’s direct interest and economic benefit to assist OBMP
in procuring said Loans and other financial accommodations from the Purchasers.

 

    	 

     

    

 

NOW,
THEREFORE, for and in consideration of the premises and in order to induce Purchasers to make the Loans, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Guarantor hereby jointly and severally
agrees as follows:

 

1.
Definitions: Capitalized terms used herein without definition and defined in the Purchase Agreement are used herein as
defined therein. In addition, as used herein:

 

“Bankruptcy
Code” shall mean the Federal Bankruptcy Reform Act of 1978 (11 U.S.C. §101, et seq.), as amended and in effect
from time to time thereunder.

 

“Obligations”
shall mean (i) all obligations, liabilities and indebtedness of every nature of each Company from time to time owed or owing to
the Purchasers and Agent arising under, out of or in connection with the Purchase Agreements, the Notes, the Loans and the other
Transaction Documents, including, without limitation, the principal amount of all debts, claims and indebtedness, accrued and
unpaid interest and all fees, taxes, indemnities, costs and expenses, whether primary, secondary, direct, contingent, fixed or
otherwise, heretofore, now and/or from time to time hereafter owing, due or payable, whether before or after the filing of a bankruptcy,
insolvency or similar proceeding under applicable federal, state, foreign or other law and whether or not an allowed claim in
any such proceeding, and (ii) all obligations, liabilities and indebtedness of every nature of any subsequent Guarantor from time
to time owed or owing to the Purchasers and/or Agent, under or in respect of this Guaranty, the Pledge Agreements, the Security
Agreements, the Purchase Agreements, the Notes, the Loans and the other Transaction Documents, as the case may be, including,
without limitation, the principal amount of all debts, claims and indebtedness, accrued and unpaid interest and all fees, taxes,
indemnities, costs and expenses, whether primary, secondary, direct, contingent, fixed or otherwise, heretofore, now and/or from
time to time hereafter owing, due or payable, whether before or after the filing of a bankruptcy, insolvency or similar proceeding
under applicable federal, state, foreign or other law and whether or not an allowed claim in any such proceeding.

 

1A.
Replacement of Agent. Upon written notice by 50% of the Purchasers that such Purchasers object to Cavalry Fund I LP serving
as Agent under this Guaranty, Cavalry Fund I LP shall be replaced as Agent by a person or entity which shall be acceptable to
at least 50% of the Purchasers.

 

2.
Guaranty of Payment

 

(a)
Each Guarantor, jointly and severally, hereby unconditionally and irrevocably guarantees the full and prompt payment and performance
to Purchasers and Agent, on behalf of itself and in its capacity as agent for the benefit of Purchasers, when due, upon demand,
at maturity or by reason of acceleration or otherwise and at all times thereafter, of any and all of the Obligations.

 

    	 	2	 

     

    

 

(b)
Each Guarantor acknowledges that valuable consideration supports this Guaranty, including, without limitation, the consideration
set forth in the recitals above, as well as any commitment to lend, extension of credit or other financial accommodation, whether
heretofore or hereafter made by Purchasers to any Company; any extension, renewal or replacement of any of the Obligations; any
forbearance with respect to any of the Obligations or otherwise; any cancellation of an existing guaranty; any purchase of any
Company’s assets by any Purchaser or Agent; or any other valuable consideration.

 

(c)
Each Guarantor agrees that all payments under this Guaranty shall be made in United States currency and in the same manner as
provided for the Obligations.

 

(d)
Notwithstanding any provision of this Guaranty to the contrary, it is intended that this Guaranty, and any interests, liens and
security interests granted by Guarantors as security for this Guaranty, not constitute a “Fraudulent Conveyance” (as
defined below) in the event that this Guaranty or such interest is subject to the Bankruptcy Code or any applicable fraudulent
conveyance or fraudulent transfer law or similar law of any state. Consequently, Guarantors, Agent and Purchasers agree that if
this Guaranty, or any such interests, liens or security interests securing this Guaranty, would, but for the application of this
sentence, constitute a Fraudulent Conveyance, this Guaranty and each such lien and security interest shall be valid and enforceable
only to the maximum extent that would not cause this Guaranty or such interest, lien or security interest to constitute a Fraudulent
Conveyance, and this Guaranty shall automatically be deemed to have been amended accordingly at all relevant times. For purposes
hereof, “Fraudulent Conveyance” means a fraudulent conveyance under Section 548 of the Bankruptcy Code or a fraudulent
conveyance or fraudulent transfer under the provisions of any applicable fraudulent conveyance or fraudulent transfer law or similar
law of any state, as in effect from time to time.

 

3.
Costs and Expenses. The Company and each Guarantor, jointly and severally, agrees to pay on demand, all reasonable costs
and expenses of every kind incurred by any Purchaser or Agent: (a) in enforcing this Guaranty, (b) in collecting any of the Obligations
from any Company or any Guarantor, (c) in realizing upon or protecting or preserving any collateral for this Guaranty or for payment
of any of the Obligations, and (d) in connection with any amendment of, modification to, waiver or forbearance granted under,
or enforcement or administration of any Transaction Document or for any other purpose in connection with any Transaction Document,
in each case, to the extent Purchaser or Agent may take such action pursuant to the terms and conditions of this Agreement. “Costs
and expenses” as used in the preceding sentence shall include, without limitation, reasonable attorneys’ fees incurred
by any Purchaser or Agent in retaining legal counsel for advice, suit, appeal, any insolvency or other proceedings under the Bankruptcy
Code or otherwise, or for any purpose specified in the preceding.

 

    	 	3	 

     

    

 

4.
Nature of Guaranty: Continuing, Absolute and Unconditional.

 

(a)
This Guaranty is and is intended to be a continuing guaranty of payment of the Obligations, and not of collectability, and is
intended to be independent of and in addition to any other guaranty, endorsement, collateral or other agreement held by Purchasers
or Agent therefor or with respect thereto, whether or not furnished by a Guarantor. None of Purchasers and Agent shall be required
to prosecute collection, enforcement or other remedies against any Company, any other Guarantor or guarantor of the Obligations
or any other person or entity, or to enforce or resort to any of the Collateral or other rights or remedies pertaining thereto,
before calling on a Guarantor for payment. The obligations of each Guarantor to repay the Obligations hereunder shall be unconditional.
Guarantor shall have no right to exercise any right of subrogation, reimbursement, indemnity, exoneration, contribution or any
other claim which it may now or hereafter have against any Company in connection with this Guaranty until the termination of this
Guaranty in accordance with Section 8 below, and hereby waives any benefit of, and any right to participate in, any security or
collateral given to Purchasers to secure payment of the Obligations, and each Guarantor agrees that it will not take any action
to enforce any obligations of any Company to such Guarantor prior to the Obligations being finally and irrevocably paid in full
in cash, provided that, in the event of the bankruptcy or insolvency of any Company, to the extent the Obligations have
not been finally and irrevocably paid in full in cash, Agent, for the benefit of itself and Purchasers, and Purchasers shall be
entitled notwithstanding the foregoing, to file in the name of any Guarantor or in its own name a claim for any and all indebtedness
owing to a Guarantor by such Company (exclusive of this Guaranty), vote such claim and to apply the proceeds of any such claim
to the Obligations.

 

(b)
For the further security of Purchasers and without in any way diminishing the liability of the Guarantors, following the occurrence
and during the continuance of an Event of Default, all debts and liabilities, present or future, of the Companies to the Guarantors,
and all monies received from any Company or for its account by the Guarantors in respect thereof shall be received in trust for
Purchasers and Agent and promptly following receipt shall be paid over to Agent, for its benefit and in its capacity as Agent
for the benefit of Purchasers, until all of the Obligations have been paid in full in cash. This assignment and postponement is
independent of and severable from this Guaranty and shall remain in full effect whether or not any Guarantor is liable for any
amount under this Guaranty.

 

(c)
This Guaranty is absolute and unconditional and shall not be changed or affected by any representation, oral agreement, act or
thing whatsoever, except as herein provided. This Guaranty is intended by the Guarantors to be the final, complete and exclusive
expression of the guaranty agreement among the Companies (as limited by the express terms of this Guaranty), the Guarantors, the
Agent and Purchasers. No modification or amendment of any provision of this Guaranty shall be effective against any party hereto
unless in writing and signed by a duly authorized officer of such party. This Guaranty, together with the other Transaction Documents,
supersedes all other prior oral or written agreements between each Purchaser, the Guarantors, the Agent, their Affiliates and
Persons acting on their behalf with respect to the matters discussed herein, and this Guaranty, together with the other Transaction
Documents and the other instruments referenced herein and therein, contain the entire understanding of the parties with respect
to the matters covered herein and therein and, except as specifically set forth herein or therein, neither any Guarantor, the
Agent nor any Purchaser makes any representation, warranty, covenant or undertaking with respect to such matters. As of the date
of this Guaranty, there are no unwritten agreement between the parties with respect to the matters discussed herein. No provision
of this Guaranty may be amended, modified or supplemented other than by an instrument in writing signed by the parties hereto.

 

    	 	4	 

     

    

 

(d)
Each Guarantor hereby releases each Company from all, and agrees not to assert or enforce (whether by or in a legal or equitable
proceeding or otherwise) any, “claims” (as defined in Section 101(5) of the Bankruptcy Code), whether arising under
any law, ordinance, rule, regulation, order, policy or other requirement of any domestic or foreign Governmental Authority or
any instrumentality or agency thereof, having jurisdiction over the conduct of its business or assets or otherwise, to which the
Guarantors are or would at any time be entitled by virtue of its obligations hereunder, any payment made pursuant hereto or the
exercise by any Purchaser or Agent of its rights with respect to the Collateral, including any such claims to which such Guarantors
may be entitled as a result of any right of subrogation, exoneration or reimbursement.

 

5.
Certain Rights and Obligations.

 

(a)
Each Guarantor acknowledges and agrees that Purchasers and Agent, for its benefit and as agent for the benefit of Purchasers,
may, without notice, demand or any reservation of rights against such Guarantor and without affecting such Guarantor’s obligations
hereunder, from time to time:

 

(i)
renew, extend, increase, accelerate or otherwise change the time for payment of, the terms of or the interest on the Obligations
or any part thereof or grant other indulgences to any Company or others;

 

(ii)
accept from any person or entity and hold collateral for the payment of the Obligations or any part thereof, and modify, exchange,
enforce or refrain from enforcing, or release, compromise, settle, waive, subordinate or surrender, with or without consideration,
such collateral or any part thereof;

 

(iii)
accept and hold any endorsement or guaranty of payment of the Obligations or any part thereof, and discharge, release or substitute
any such obligation of any such endorser or guarantor, or discharge, release or compromise any Guarantor, or any other person
or entity who has given any security interest in any collateral as security for the payment of the Obligations or any part thereof,
or any other person or entity in any way obligated to pay the Obligations or any part thereof, and enforce or refrain from enforcing,
or compromise or modify, the terms of any obligation of any such endorser, guarantor, or person or entity;

 

(iv)
dispose of any and all collateral securing the Obligations in its reasonable discretion, as it may deem appropriate, and direct
the order or manner of such disposition and the enforcement of any and all endorsements and guaranties relating to the Obligations
or any part thereof as Agent in its reasonable discretion may determine;

 

(v)
subject to the terms of the Notes, determine the manner, amount and time of application of payments and credits, if any, to be
made on all or any part of any component or components of the Obligations (whether principal, interest, fees, costs, and expenses,
or otherwise), including, without limitation, the application of payments received from any source to the payment of indebtedness
other than the Obligations even though Purchasers might lawfully have elected to apply such payments to the Obligations or to
amounts which are not covered by this Guaranty; and

 

    	 	5	 

     

    

 

(vi)
take advantage or refrain from taking advantage of any security or accept or make or refrain from accepting or making any compositions
or arrangements when and in such manner as Agent, in its sole discretion, may deem appropriate;

 

and
generally do or refrain from doing any act or thing which might otherwise, at law or in equity, release the liability of such
Guarantor as a guarantor or surety in whole or in part, and in no case shall Purchasers or Agent be responsible or shall any Guarantor
be released either in whole or in part for any act or omission in connection with Purchasers or Agent having sold any security
at less than its value.

 

(b)
Following the occurrence and during the continuance of an Event of Default, and upon demand by Agent, each Guarantor, jointly
and severally, hereby agrees to pay the Obligations to the extent hereinafter provided and to the extent unpaid:

 

(i)
without deduction by reason of any setoff, defense (other than payment) or counterclaim of any Company or any other Guarantor;

 

(ii)
without requiring presentment, protest or notice of nonpayment or notice of default to any Guarantor, to any Company or to any
other person or entity;

 

(iii)
without demand for payment or proof of such demand or filing of claims with a court in the event of receivership, bankruptcy or
reorganization of any Company or any other Guarantor;

 

(iv)
without requiring Purchasers or Agent to resort first to any Company (this being a guaranty of payment and not of collection),
to any other Guarantor, or to any other guaranty or any collateral which Purchasers or Agent may hold;

 

(v)
without requiring notice of acceptance hereof or assent hereto by any Purchaser or Agent; and

 

(vi)
without requiring notice that any of the Obligations has been incurred, extended or continued or of the reliance by any Purchaser
or Agent upon this Guaranty;

 

all
of which each Guarantor hereby waives.

 

(c)
Each Guarantor’s obligation hereunder shall not be affected by any of the following, all of which such Guarantor hereby
waives:

 

(i)
any failure to perfect or continue the perfection of any security interest in or other lien on any collateral securing payment
of any of the Obligations or any Guarantor’s obligation hereunder;

 

(ii)
the invalidity, unenforceability, propriety of manner of enforcement of, or loss or change in priority of any document or any
such security interest or other lien or guaranty of the Obligations;

 

    	 	6	 

     

    

 

(iii)
any failure to protect, preserve or insure any such collateral;

 

(iv)
failure of a Guarantor to receive notice of any intended disposition of such collateral;

 

(v)
any defense arising by reason of the cessation from any cause whatsoever of liability of any Company including, without limitation,
any failure, negligence or omission by any Purchaser or Agent in enforcing its claims against any Company;

 

(vi)
any release, settlement or compromise of any obligation of any Company, any other Guarantor or any other guarantor of the Obligations;

 

(vii)
the invalidity or unenforceability of any of the Obligations;

 

(viii)
any change of ownership of any Company, any other Guarantor or any other guarantor of the Obligations or the insolvency, bankruptcy
or any other change in the legal status of any Company, any other Guarantor or any other guarantor of the Obligations;

 

(ix)
any change in, or the imposition of, any law, decree, regulation or other governmental act which does or might impair, delay or
in any way affect the validity, enforceability or the payment when due of the Obligations;

 

(x)
the existence of any claim, setoff or other rights which the Guarantor, any Company, any other Guarantor or guarantor of the Obligations
or any other person or entity may have at any time against any Purchaser, Agent or any Company in connection herewith or any unrelated
transaction;

 

(xi)
any Purchaser’s or Agent’s election in any case instituted under chapter 11 of the Bankruptcy Code, of the application
of section 1111(b)(2) of the Bankruptcy Code;

 

(xii)
any use of cash collateral, or grant of a security interest by any Company, as debtor in possession, under sections 363 or 364
of the Bankruptcy Code;

 

(xiii)
the disallowance of all or any portion of any of any Purchaser’s or Agent’s claims for repayment of the Obligations
under sections 502 or 506 of the Bankruptcy Code;

 

(xiv)
any stay or extension of time for payment by any Company or any other Guarantor resulting from any proceeding under the Bankruptcy
Code or any similar law; or

 

(xv)
any other fact or circumstance which might otherwise constitute grounds at law or equity for the discharge or release of a Guarantor
from its obligations hereunder, all whether or not such Guarantor shall have had notice or knowledge of any act or omission referred
to in the foregoing clauses (i) through (xiv) of this Section 5(c).

 

    	 	7	 

     

    

 

6.
Representations and Warranties. Each Guarantor further represents and warrants to Purchasers and Agent that: (a) such Guarantor
is a corporation or other entity duly incorporated or organized, as applicable, validly existing and in good standing under the
laws of the jurisdiction of its incorporation or formation, as applicable, and has full power, authority and legal right to own
its property and assets and to transact the business in which it is presently engaged; (b) such Guarantor has full power, authority
and legal right to execute and deliver, and to perform its obligations under, this Guaranty, and has taken all necessary action
to authorize the guarantee hereunder on the terms and conditions of this Guaranty and to authorize the execution, delivery and
performance of this Guaranty; (c) this Guaranty has been duly executed and delivered by such Guarantor and constitutes a legal,
valid and binding obligation of such Guarantor enforceable against such Guarantor in accordance with its terms, except to the
extent that such enforceability is subject to applicable bankruptcy, insolvency, reorganization, fraudulent conveyance and moratorium
laws and other laws of general application affecting enforcement of creditors’ rights generally, or the availability of
equitable remedies, which are subject to the discretion of the court before which an action may be brought; and (d) the execution,
delivery and performance by each Guarantor of this Guaranty do not require any action by or in respect of, or filing with, any
governmental body, agency or official and do not violate, conflict with or cause a breach or a default under any provision of
(i) applicable law or regulation, (ii) the organizational documents of any Guarantor, (iii) any judgment, injunction, order, decree
or other instrument binding upon it, or (iv) any agreement binding upon it.

 

7.
Negative Covenants. Each Guarantor covenants with Purchasers and Agent that such Guarantor shall not grant any security
interest in or permit any lien, claim or encumbrance upon any of its assets in favor of any person or entity other than liens
and security interests in favor of Purchasers and Agent and Permitted Encumbrances. Each Guarantor agrees that it shall not take
any action or engage in any transaction that such Guarantor is prohibited from taking or engaging in pursuant to the terms of
the Purchase Agreements. In addition, each Guarantor agrees to comply with the terms of the Purchase Agreemenst to the same extent
that the Company is required to cause the Guarantors to comply with such terms of the Purchase Agreement. Each Company, by its
signature hereto, hereby acknowledges and agrees that any breach by a Guarantor of any term or provision of this Guaranty or the
Security Agreements, which is not cured to the Agent’s reasonable satisfaction within any applicable cure or grace period,
shall constitute an “Event of Default” under the Note.

 

    	 	8	 

     

    

 

8.
Termination. This Guaranty shall not terminate until such time, if any, as (i) all Obligations shall be finally and irrevocably
paid in full in cash, (ii) no Notes shall remain outstanding, (iii) all commitments to lend under the Purchase Agreements shall
have terminated and (iv) there shall exist no other outstanding payment or reimbursement obligations (other than contingent indemnification
obligations for which no claims shall have been asserted) of the Borrower or the Guarantors to the Agent under any of the Transaction
Documents. Thereafter, but subject to the following, Agent, on its behalf and as agent for Purchasers, shall take such action
and execute such documents as the Guarantors may request (and at the Guarantors’ cost and expense) in order to evidence
the termination of this Guaranty. Payment of all of the Obligations owing from time to time shall not operate as a discontinuance
of this Guaranty. Each Guarantor further agrees that, to the extent that any Company makes a payment or payments to Purchasers
or Agent on the Obligations, or Purchasers or Agent receive any proceeds of collateral securing the Obligations or any other payments
with respect to the Obligations, which payment or receipt of proceeds or any part thereof is subsequently invalidated, declared
to be fraudulent or preferential, set aside or required to be returned or repaid to any Company, its estate, trustee, receiver,
debtor in possession or any other person or entity, including, without limitation, the Guarantors, under any insolvency or bankruptcy
law, state or federal law, common law or equitable cause, then to the extent of such payment, return or repayment, the obligation
or part thereof which has been paid, reduced or satisfied by such amount shall be reinstated and continued in full force and effect
as of the date when such initial payment, reduction or satisfaction occurred, and this Guaranty shall continue in full force notwithstanding
any contrary action which may have been taken by any Purchaser or Agent in reliance upon such payment, and any such contrary action
so taken shall be without prejudice to any Purchaser’s or Agent’s rights under this Guaranty and shall be deemed to
have been conditioned upon such payment having become final and irrevocable.

 

9.
Guaranty of Performance. Each Guarantor also guarantees the full, prompt and unconditional performance of all obligations
and agreements of every kind owed or hereafter to be owed by the Companies and the Guarantors to Purchasers and Agent under the
Purchase Agreements, the Notes, and the other Transaction Documents. Every provision for the benefit of Purchasers and Agent contained
in this Guaranty shall apply to the guaranty of performance given in this paragraph.

 

10.
Assumption of Liens and Obligations. To the extent that a Guarantor has received or shall hereafter receive distributions
or transfers from any Company of property or cash that are subject, at the time of such contribution, to liens and security interests
in favor of Purchasers and/or the Agent in accordance with the Notes, the Security Agreements or any other Transaction Document,
such Guarantor hereby expressly agrees that (i) it shall hold such assets subject to such liens and security interests, and (ii)
it shall be liable for the payment of the Obligations secured thereby. Each Guarantor’s obligations under this Section 10
shall be in addition to its obligations as set forth in other sections of this Guaranty and not in substitution therefor or in
lieu thereof.

 

11.
Miscellaneous.

 

(a)
The terms “Company” and “Guarantor” as used in this Guaranty shall include: (i) any successor individual
or individuals, association, partnership, limited liability company or corporation to which all or substantially all of the business
or assets of such Company or such Guarantor shall have been transferred and (ii) any other association, partnership, limited liability
company, corporation or entity into or with which such Company or such Guarantor shall have been merged, consolidated, reorganized,
or absorbed.

 

(b)
Without limiting any other right of any Purchaser or Agent, whenever any Purchaser or Agent has the right to declare any of the
Obligations to be immediately due and payable (whether or not it has been so declared), Agent, on its behalf and in its capacity
as agent for the benefit of Purchasers, at its sole election without notice to the undersigned may appropriate and set off against
the Obligations:

 

    	 	9	 

     

    

 

(i)
any and all indebtedness or other moneys due or to become due to any Guarantor by any Purchaser or Agent in any capacity; and

 

(ii)
any credits or other property belonging to any Guarantor (including all account balances, whether provisional or final and whether
or not collected or available) at any time held by or coming into the possession of any Purchaser or Agent, or any affiliate of
any Purchaser or Agent, whether for deposit or otherwise;

 

whether
or not the Obligations or the obligation to pay such moneys owed by any Purchaser or Agent is then due, and the applicable Purchaser
or Agent shall be deemed to have exercised such right of set off immediately at the time of such election even though any charge
therefor is made or entered on such Purchaser’s or Agent’s records subsequent thereto. Agent agrees to notify such
Guarantor in a reasonably practicable time of any such set-off; however, failure to so notify such Guarantor shall not affect
the validity of any set-off.

 

(c)
Each Guarantor’s obligation hereunder is to pay the Obligations in full in cash when due according to the Notes, the other
Transaction Documents, this Guaranty and the other agreements, documents and instruments governing the Obligations to the extent
provided herein, and shall not be affected by any stay or extension of time for payment by any Company or any other Guarantor
resulting from any proceeding under the Bankruptcy Code or any similar law.

 

(d)
No course of dealing between any Company or any Guarantor and Purchasers or Agent and no act, delay or omission by Purchasers
or Agent in exercising any right or remedy hereunder or with respect to any of the Obligations shall operate as a waiver thereof
or of any other right or remedy, and no single or partial exercise thereof shall preclude any other or further exercise thereof
or the exercise of any other right or remedy. Any Purchaser or Agent may remedy any default by any Company under any agreement
with any Company or with respect to any of the Obligations in any reasonable manner without waiving the default remedied and without
waiving any other prior or subsequent default by any Company. All rights and remedies of Purchasers and Agent hereunder are cumulative.

 

(e)
This Guaranty shall inure to the benefit of the parties hereto and their respective successors and assigns.

 

(f)
Agent may assign its rights hereunder, with the consent of all of the Purchasers, without the consent of Guarantors, in which
event such assignee shall be deemed to be Agent hereunder with respect to such assigned rights.

 

(g)
Captions of the sections of this Guaranty are solely for the convenience of the parties hereto, and are not an aid in the interpretation
of this Guaranty and do not constitute part of the agreement of the parties set forth herein.

 

(h)
If any provision of this Guaranty is unenforceable in whole or in part for any reason, the remaining provisions shall continue
to be effective.

 

    	 	10	 

     

    

 

(i)
All questions concerning the construction, validity, enforcement and interpretation of this Guaranty shall be governed by the
internal laws of the State of New York, without giving effect to any choice of law or conflict of law provision or rule (whether
of the State of New York or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than
the State of New York. Each Guarantor hereby irrevocably submits to the exclusive jurisdiction of the state and federal courts
sitting in the City of New York, borough of Manhattan, for the adjudication of any dispute hereunder or in connection herewith
or with any transaction contemplated hereby or discussed herein, and hereby irrevocably waives, and agrees not to assert in any
suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of any such court, that such suit,
action or proceeding is brought in an inconvenient forum or that the venue of such suit, action or proceeding is improper. Each
Guarantor hereby irrevocably waives personal service of process and consents to process being served in any such suit, action
or proceeding by mailing by registered or certified mail a copy thereof to such party at the address for such notices to it under
this Guaranty and agrees that such service shall constitute good and sufficient service of process and notice thereof as of the
date that is five (5) business days after the mailing thereof. Nothing contained herein shall be deemed to limit in any way any
right to serve process in any manner permitted by law.

 

12.
Notices. All notices, approvals, requests, demands and other communications hereunder shall be delivered or made in the
manner set forth in, and shall be effective in accordance with the terms of, the Purchase Agreement or, in the case of communications
to the Agent, directed to the notice address set forth in the Security Agreement; provided, that any communication shall be effective
as to any Guarantor if made or sent to OBMP in accordance with the foregoing.

 

13.
WAIVERS.

 

(a)
EACH GUARANTOR WAIVES THE BENEFIT OF ALL VALUATION, APPRAISAL AND EXEMPTION LAWS.

 

(b)
UPON THE OCCURRENCE OF A DEFAULT OR EVENT OF DEFAULT, EACH GUARANTOR HEREBY WAIVES ALL RIGHTS TO NOTICE AND HEARING OF ANY KIND
PRIOR TO THE EXERCISE BY ANY PURCHASER OR AGENT, ON ITS BEHALF AND IN ITS CAPACITY AS AGENT FOR THE BENEFIT OF PURCHASERS, OF
ITS RIGHTS TO REPOSSESS THE COLLATERAL WITHOUT JUDICIAL PROCESS OR TO REPLEVY, ATTACH OR LEVY UPON THE COLLATERAL WITHOUT PRIOR
NOTICE OR HEARING. EACH GUARANTOR ACKNOWLEDGES THAT IT HAS BEEN ADVISED BY COUNSEL OF ITS CHOICE WITH RESPECT TO THIS TRANSACTION
AND THIS GUARANTY.

 

(c)
EACH GUARANTOR WAIVES ITS RIGHTS TO A TRIAL BY JURY OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF OR RELATED TO
THIS GUARANTY, OR THE TRANSACTIONS CONTEMPLATED HEREBY, IN ANY ACTION, PROCEEDING OR OTHER LITIGATION OF ANY TYPE BROUGHT BY ANY
PURCHASER OR AGENT. EACH GUARANTOR AGREES THAT ANY SUCH CLAIM OR CAUSE OF ACTION SHALL BE TRIED BY A COURT TRIAL WITHOUT A JURY.
WITHOUT LIMITING THE FOREGOING, EACH GUARANTOR FURTHER AGREES THAT ITS RIGHT TO A TRIAL BY JURY IS WAIVED BY OPERATION OF THIS
SECTION AS TO ANY ACTION, COUNTERCLAIM OR OTHER PROCEEDING WHICH SEEKS, IN WHOLE OR IN PART, TO CHALLENGE THE VALIDITY OR ENFORCEABILITY
OF THIS GUARANTY OR ANY PROVISION HEREOF. THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS
TO THIS GUARANTY.

 

14.
Agent. The terms and provisions of the Securities Purchase Agreement which set forth the appointment of the Agent and the
terms and provisions of the Security Agreement which set for the indemnifications to which the Agent is entitled are hereby incorporated
by reference herein as if fully set forth therein.

 

    	 	11	 

     

    

 

15.
Payments Free of Taxes.

 

(a)
Definitions. In this Section 15:

 

(i)
“Excluded Taxes” means, with respect to the Agent or the Purchasers, or any other recipient of any payment to be made
by or on account of any obligations of any Guarantor under this Guaranty, or under any other Security Document, income or franchise
taxes imposed on (or measured by) its net income by the United States of America or such other jurisdiction under the laws of
which such recipient is organized or in which its principal office is located.

 

(ii)
“Governmental Authority” means the government of the United States of America or any other nation, or any political
subdivision thereof, whether state or local, or any agency, authority, instrumentality, regulatory body, court, central bank or
other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining
to government over any of the Companies, or any of their respective properties, assets or undertakings.

 

(iii)
“Indemnified Taxes” means Taxes other than Excluded Taxes.

 

(iv)
“Taxes” means any and all present or future taxes, levies, imposts, duties, deductions, charges or withholdings imposed
by any Governmental Authority.

 

(b)
Any and all payments by or on account of the Obligations of any of the Guarantors under this Guaranty or any other Transaction
Document shall be made without any set-off, counterclaim or deduction and free and clear of and without deduction for any Indemnified
Taxes; provided that if any Guarantor shall be required to deduct any Indemnified Taxes from such payments, then (i) the sum payable
shall be increased as necessary so that after making all required deductions (including deductions applicable to additional sums
payable under this Section 15(b)), the Agent or Purchasers, as applicable, receives an amount equal to the sum it would have received
had no such deductions been made, (ii) such Guarantor shall make such deductions and (iii) such Guarantor shall pay the full amount
deducted to the relevant Governmental Authority in accordance with applicable law.

 

    	 	12	 

     

    

 

16.
Indemnification by the Guarantors. Each Guarantor shall indemnify the Agent and the Purchasers, within ten (10) days after
written demand therefor, for the full amount of any Indemnified Taxes paid by the Agent or Purchasers, as applicable, on or with
respect to any payment by or on account of any obligation of such Guarantor under this Guaranty and the other Transaction Documents
(including Indemnified Taxes or imposed or asserted on or attributable to amounts payable under this Section 16) and any penalties,
interest and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly
or legally imposed or asserted by the relevant Governmental Authority. A certificate of the Agent or any Purchaser as to the amount
of such payment or liability under this Section 16 shall be delivered to such Guarantor and shall be conclusive absent manifest
error.

 

17.
Counterparts; Headings. This Guaranty may be executed in two or more identical counterparts, all of which together shall
be considered one and the same agreement and shall become effective when counterparts have been signed by each party and delivered
to each other party; provided that a facsimile, .pdf or similar electronically transmitted signature shall be considered due execution
and shall be binding upon the signatory thereto with the same force and effect as if the signature were an original signature.
The headings in this Guaranty are for convenience of reference only and shall not alter or otherwise affect the meaning hereof.

 

18.
Rights of Contribution. The Guarantors hereby agree as among themselves that, if any Guarantor shall make an Excess Payment
(as defined below), such Guarantor shall have a right of contribution from each other Guarantor in an amount equal to such other
Guarantor’s Contribution Share (as defined below) of such Excess Payment. The payment obligations of any Guarantor under
this Section 18 shall be subordinate and subject in right of payment to the Obligations until such time as the Obligations have
been paid in full in cash and all commitments to lend under the Purchase Agreement have expired or terminated, and none of the
Guarantors shall exercise any right or remedy under this Section 18 against any other Guarantor until such Obligations have been
paid in full in cash and all commitments to lend under the Purchase Agreement have expired or terminated. For purposes of this
Section 18, (a) “Excess Payment” shall mean the amount paid by any Guarantor in excess of its Ratable Share of any
Obligations; (b) “Ratable Share” shall mean, for any Guarantor in respect of any payment of Obligations, the ratio
(expressed as a percentage) as of the date of such payment of Obligations of (i) the amount by which the aggregate present fair
salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including
contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder)
to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Companies and the
Guarantors exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated
liabilities, but excluding the obligations of the Guarantors hereunder) of the Companies and the Guarantors, provided, however,
that, for purposes of calculating the Ratable Shares of the Guarantors in respect of any payment of Obligations, any Guarantor
that became a Guarantor subsequent to the date of any such payment shall be deemed to have been a Guarantor on the date of such
payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for
such Guarantor in connection with such payment; and (c) “Contribution Share” shall mean, for any Guarantor in respect
of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment
of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of
all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but
excluding the Obligations) of the Companies and the Guarantors other than the maker of such Excess Payment; provided, however,
that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that
became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such
Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized
for such Guarantor in connection with such Excess Payment. This Section 18 shall not be deemed to affect any right of subrogation,
indemnity, reimbursement or contribution that any Guarantor may have under law against any Company in respect of any payment of
Obligations.

 

[signature
page follows]

 

    	 	13	 

     

    

 

IN
WITNESS WHEREOF, each Company and the Guarantors have executed this Guaranty as of the date first written above.

 

	Oncbiomune
                                         pharmaceuticals, INC.,
                                          

                                                                                a
                                         Nevada corporation
	 
	 	 	 
	By:	 	 
	Name:
    	Jonathan
    F. Head	 
	Title:	Chief
    Executive Officer	 
	 	 	 
	Oncbiomune,
                                         INC.,

                                                                                a
                                         Louisiana corporation 
	 
	 	 
	By:	                                           	 
	Name:	Jonathan
    F. Head	 
	Title:	President	 

 

    	 	 	 

     

    

 

EXHIBIT
A

Form
of Joinder

Joinder
to Guaranty

 

This
Joinder Agreement is made between the undersigned, [__________] a [__________], (the “New Subsidiary”) and Cavalry
Fund I LP, a Delaware limited partnership, as agent under that certain Subsidiary Guaranty dated as of January 29, 2018 by and
between OncBioMune Pharmaceuticals, Inc., a Nevada corporation, and OncBioMune, Inc., a Louisiana corporation; together with each
other person or entity that becomes a Guarantor thereunder after the date and pursuant to the terms thereof, to and in favor of
the Purchasers (as amended, restated, supplemented or otherwise modified from time to time, the “Guaranty”). Capitalized
terms herein and not otherwise defined herein shall have the meanings assigned to such terms in the Guaranty.

 

1.
The New Subsidiary hereby acknowledges, agrees and confirms that, by its execution of this Agreement, the New Subsidiary will
be deemed to be a party to the Guaranty and a “Guarantor” for all purposes of the Guaranty, and shall have all of
the obligations of a Guarantor thereunder as if it had executed the Guaranty. The New Subsidiary hereby ratifies, as of the date
hereof, and agrees to be bound by, all of the terms, provisions and conditions applicable to the Guarantors contained in the Guaranty.
Without limiting the generality of the foregoing terms of this paragraph 1, the New Subsidiary hereby jointly and severally together
with the other Guarantors, guarantees to Purchasers and Agent, as provided in the Guaranty, the prompt payment and performance
of the obligations in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration or otherwise) strictly
in accordance with the terms thereof.

 

2.
The New Subsidiary represents and warrants that the representations and warranties set forth in Section 6 of the Guaranty are,
with respect to the undersigned, true and correct as of the date hereof.

 

3.
From and after the date hereof, each reference to a Guarantor in the Guaranty shall be deemed to include the undersigned.

 

4.
This Agreement may be executed in multiple counterparts, each of which shall constitute an original but all of which when taken
together shall constitute one contract.

 

5.
THIS AGREEMENT SHALL BE SHALL BE GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO ANY CHOICE OF
LAW OR CONFLICT OF LAW PROVISION OR RULE (WHETHER OF THE STATE OF NEW YORK OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE APPLICATION
OF THE LAWS OF ANY JURISDICTION OTHER THAN THE STATE OF NEW YORK.

 

[Signature
page follows]

 

    	 	2	 

     

    

 

IN
WITNESS WHEREOF, the undersigned has executed this Joinder this ___ day of ________ , 2018.

 

    	 	3

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