Document:

Exhibit
4.30

 

UNLESS
PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY OR
ANY SECURITY INTO WHICH THIS SECURITY MAY BE CONVERTED INTO BEFORE THE DATE THAT IS 4
MONTHS AND ONE DAY AFTER THE LATER OF (I) [l],
AND (II) THE DATE the ISSUER BECAME A REPORTING ISSUER IN ANY PROVINCE OR TERRITORY.

 

EXERCISABLE FOLLOWING THE QUALIFIED
FINANCING DATE AND PRIOR TO 4:30 P.M., TORONTO TIME, ON THE EXPIRY DATE (AS DEFINED BELOW) AT WHICH TIME THESE WARRANTS SHALL
EXPIRE AND BE NULL AND VOID

 

WARRANTS
TO PURCHASE COMMON SHARES

 

OF

 

EHAVE,
INC.

 

Issue
Date: [l],
2018

 

	Warrant
    Certificate No.  201801–W[l]	Warrants
    to Purchase

    Common Shares

 

THIS CERTIFIES THAT, for value
received, [name and address of warrantholder] (the “Holder”), being the registered holder of the
Number of Warrants (as defined herein), is entitled at any time following the Qualified Financing Date (as defined herein) and
prior to 4:30 p.m. (Toronto time) on the Expiry Date (as defined herein) to subscribe for and purchase such number of Common
Shares (as defined herein) at the Exercise Price (as defined herein) for each Warrant exercised, subject to adjustment as set
out herein, by surrendering to the Corporation at its registered and records office at 203-277 Lakeshore Road East, Oakville,
ON L6J 6J3, Canada, a completed and executed subscription form, attached hereto as Exhibit “I”, and payment in full
for the Common Shares (as defined herein) being purchased, which payment shall be made by certified cheque, bank draft or such
other means acceptable to the Corporation in same day freely transferable funds in Toronto, Ontario.

 

This
Warrant certificate (the “Warrant Certificate”) is issued pursuant to, and is subject to, the terms of that
certain Subscription Agreement dated [l],
2018 between the Corporation and the Holder.

 

The Corporation shall cause a register
(the “Register”) to be kept and maintained in which shall be entered the names and addresses of all holders
of Warrants and the number of Warrants held by each of them.

 

The Corporation shall treat the Holder
as the absolute owner of this Warrant for all purposes and the Corporation shall not be affected by any notice or knowledge to
the contrary. The Holder shall be entitled to the rights evidenced by this Warrant Certificate free from all equities and rights
of set-off or counterclaim between the Corporation and the original or any intermediate holder and all persons may act accordingly
and the receipt by the Holder of the Common Shares issuable upon exercise hereof shall be a good discharge to the Corporation
and the Corporation shall not be bound to inquire into the title of any such Holder.

 

    	

     

    

 

		1.	Definitions: In this Warrant
                                         Certificate, unless there is something in the subject matter or context inconsistent
                                         therewith, the following expressions shall have the following meanings namely:

 

		(a)	“Adjustment Period”
                                         means the period commencing on the Qualified Financing Date and ending at the Expiry
                                         Time;

 

		(b)	“Business Day”
                                         means any day other than a Saturday, Sunday, legal holiday or a day on which banking
                                         institutions are closed in Toronto, Ontario;

 

		(c)	“Common Shares”
                                         means the common shares in the capital of the Corporation;

 

		(d)	“Conversion Price”
                                         shall mean the Qualified Financing Price multiplied by 0.75;

 

		(e)	“Corporation”
                                         means Ehave, Inc. a corporation incorporated under the laws of Canada and its successors
                                         and assigns;

 

		(f)	“Exercise Price”
                                         shall equal the Qualified Financing Price;

 

		(g)	“Expiry
                                         Date” means [l],
                                         2023;

 

		(h)	“Expiry Time”
                                         means 4:30 p.m., Toronto, Ontario time, on the Expiry Date;

 

		(i)	“Holder” means
                                         the holder set forth on the first page hereof;

 

		(j)	“Issue Date”
                                         means the issue date set forth on the first page of this Warrant Certificate;

 

		(k)	“Number of Warrants”
                                         means the [aggregate subscription price to
                                         be added] divided by the Conversion Price;

 

		(l)	“person” means
                                         an individual, corporation, partnership, unincorporated syndicate, unincorporated organization,
                                         trust, trustee, executor, administrator, or other legal representative, or any group
                                         or combination thereof or any other entity whatsoever;

 

		(m)	“Qualified Financing”
                                         means a financing (which may be completed in one of more tranches) by the Corporation
                                         after the date hereof for aggregate gross proceeds of not less than CDN$2,000,000; provided
                                         that such financing shall be completed in connection with the proposed listing of the
                                         Common Shares on a recognized stock exchange in Canada (which, for greater certainty,
                                         includes the TSX Venture Exchange and Canadian Securities Exchange) within two (2) months
                                         of the completion of such financing;

 

		(n)	“Qualified Financing Date”
                                         means the closing date of the Qualified Financing;

 

		(o)	“Qualified Financing Price”
                                         shall mean the price per security issued by the Corporation in the Qualified Financing;

 

		(p)	“Register” has
                                         the meaning ascribed to such term on the first page hereof; and

 

		(q)	“Warrant” shall
                                         mean a common share purchase warrant of the Corporation.

 

		2.	Expiry Time: At the Expiry
                                         Time, all rights under the Warrants evidenced hereby, in respect of which the right of
                                         subscription and purchase herein provided for shall not theretofore have been exercised,
                                         shall expire and be of no further force and effect.

 

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		3.	Exercise Procedure:

 

		(a)	Following the Qualified Financing
                                         Date, the Holder may exercise the right to subscribe and purchase the number of Common
                                         Shares herein provided for by delivering to the Corporation prior to the Expiry Time
                                         at its office set forth herein the subscription form, attached hereto as Exhibit “I”,
                                         duly completed and executed by the Holder or its legal representative or attorney, duly
                                         appointed by an instrument in writing in form and manner satisfactory to the Corporation,
                                         together with a certified cheque, bank draft or other means acceptable to the Corporation
                                         in same day freely transferable funds, payable to or to the order of the Corporation
                                         in an amount equal to the aggregate Exercise Price in respect of the Warrants so exercised.
                                         Any subscription form so surrendered shall be deemed to be surrendered only upon delivery
                                         thereof to the Corporation at its office set forth herein (or to such other address as
                                         the Corporation may notify the Holder).

 

		(b)	Upon such delivery as aforesaid,
                                         the Corporation shall cause to be issued to the Holder hereof the Common Shares subscribed
                                         for not exceeding those which such Holder is entitled to purchase pursuant to this Warrant
                                         Certificate and the Holder hereof shall become a shareholder of the Corporation in respect
                                         of the Common Shares subscribed for with effect from the date of such delivery and shall
                                         be entitled to delivery of a certificate or direct registration transaction advice evidencing
                                         the Common Shares and the Corporation shall cause such certificate or direct registration
                                         transaction advice to be couriered to the Holder hereof at the address or addresses specified
                                         in such subscription as soon as practicable, and in any event within five Business Days
                                         of such delivery.

 

		(c)	Where required by applicable securities
                                         laws, the certificate representing the Common Shares issued upon exercise of this Warrant
                                         Certificate shall bear the following legend:

 

“UNLESS PERMITTED UNDER
SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY BEFORE THE DATE THAT IS 4 MONTHS AND A DAY AFTER
THE LATER OF (I) [INSERT THE DATE THAT IS 4 MONTHS AND A DAY AFTER THE ISSUE DATE], AND (II) THE DATE THE ISSUER BECAME A REPORTING
ISSUER IN ANY PROVINCE OR TERRITORY.”

 

provided that, if at any time,
in the opinion of counsel to the Corporation, such legend is no longer necessary or advisable under any such securities laws,
or the holder of any such legended certificate, provides the Corporation with evidence satisfactory in form and substance to the
Corporation (which may include an opinion of counsel satisfactory to the Corporation) to the effect that such legends are not
required, such legended certificate may thereafter be surrendered to the Corporation in exchange for a certificate which does
not bear such legend.

 

		(d)	This Warrant may not be exercised
                                         in the United States or by or on behalf of a U.S. Person unless an exemption is available
                                         from the registration requirements of the United States Securities Act of 1933, as amended
                                         (the “U.S. Securities Act”), and applicable state securities laws
                                         and the Holder has furnished an opinion of counsel of recognized standing in form and
                                         substance satisfactory to the Corporation to such effect. THESE WARRANTS MAY NOT BE EXERCISED
                                         IN THE UNITED STATES OR BY OR BEHALF OF, OR FOR THE ACCOUNT OR BENEFIT OF A US PERSON
                                         UNLESS THE SECURITY AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS SECURITY HAVE BEEN
                                         REGISTERED UNDER THE U.S. SECURITIES ACT AND THE APPLICABLE STATE SECURITIES LEGISLATION
                                         OR AN EXEMPTION FROM SUCH REGISTRATION REQUIREMENTS IS AVAILABLE. “UNITED STATES”
                                         AND “US PERSON’ ARE DEFINED BY REGULATION S UNDER THE U.S. SECURITIES ACT.

 

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		4.	Partial Exercise: Following
                                         the Qualified Financing Date, the Holder may subscribe for and purchase a number of Common
                                         Shares less than the number the Holder is entitled to purchase pursuant to this Warrant
                                         Certificate. In the event of any such subscription prior to the Expiry Time, the Holder
                                         shall in addition be entitled to receive, without charge, a new Warrant Certificate in
                                         respect of the balance of the Common Shares which the Holder was entitled to subscribe
                                         for pursuant to this Warrant Certificate and which were then not purchased.

 

		5.	No Fractional Shares:
                                         Notwithstanding any adjustments provided for in Section 11 hereof or otherwise, the Corporation
                                         shall not be required upon the exercise of any Warrants to issue fractional Common Shares
                                         in satisfaction of its obligations hereunder and, in any such case, the number of Common
                                         Shares issuable upon the exercise of any Warrants shall be rounded down to the nearest
                                         whole number without compensation to the Holder therefor.

 

		6.	Exchange of Warrant Certificates:
                                         This Warrant Certificate may be exchanged for Warrant Certificates representing in
                                         the aggregate the same number of Warrants and entitling the Holder thereof to subscribe
                                         for and purchase an equal aggregate number of Common Shares at the same Exercise Price
                                         and on the same terms as this Warrant Certificate (with or without legends as may be
                                         appropriate).

 

		7.	Transfer of Warrants:
                                         The Warrants may be transferred by the Holder completing and delivering to the Corporation
                                         the transfer form attached hereto as Exhibit "II" and upon compliance with
                                         all applicable securities laws. The transferee of a Warrant shall, after a transfer form
                                         is duly completed and upon compliance with all other reasonable requirements of the Corporation
                                         or law, be entitled to have his, her or its name entered on the Register as the owner
                                         of such Warrant, free from all equities or rights of set-off or counterclaim between
                                         the Issuer and the transferor or any previous holder of such Warrant, save in respect
                                         of equities of which the Corporation is required to take notice by statute or by order
                                         of a court of competent jurisdiction.

 

		8.	Not a Shareholder: Nothing
                                         in this Warrant Certificate or in the holding of a Warrant evidenced hereby shall be
                                         construed as conferring upon the Holder any right or interest whatsoever as a shareholder
                                         of the Corporation.

 

		9.	No Obligation to Purchase:
                                         Nothing herein contained or done pursuant hereto shall obligate the Holder to subscribe
                                         for or the Corporation to issue any Common Shares except those Common Shares in respect
                                         of which the Holder shall have exercised its right to purchase hereunder in the manner
                                         provided herein.

 

		10.	Covenants:

 

The Corporation covenants and agrees that
so long as any Warrants evidenced hereby remain outstanding:

 

		(a)	until the Expiry Time, it will
                                         reserve and there will remain unissued out of its authorized capital a sufficient number
                                         of Common Shares to satisfy the right of purchase herein provided, as such right of purchase
                                         may be adjusted as contemplated herein;

 

		(b)	it will use reasonable efforts:
                                         (i) to comply with securities legislation applicable to it in order that the Corporation
                                         not be in default of any material requirements of such legislation; (ii) to do or cause
                                         to be done all things necessary to preserve and maintain its corporate existence; and
                                         (iii) in the event that the Common Shares are listed on a recognized stock exchange in
                                         Canada, to maintain the listing of the Common Shares on such exchange until the Expiry
                                         Time, provided that this covenant shall not prevent the Corporation from completing any
                                         transaction which would result in the Common Shares ceasing to be listed so long as the
                                         holders of such shares receive securities of an entity which is listed on a stock exchange
                                         in Canada or cash, or the holders of such shares have approved the transaction in accordance
                                         with the requirements of applicable corporate and securities laws and the rules and policies
                                         of the applicable stock exchange. All Common Shares will be issued upon the exercise
                                         of the right to purchase herein provided for, upon payment therefor of the amount at
                                         which such Common Shares may at the time be purchased pursuant to the provisions hereof,
                                         as fully paid and non-assessable shares; and

 

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		(c)	the Corporation will do, execute,
                                         acknowledge and deliver or cause to be done, executed, acknowledged and delivered, all
                                         other acts, deeds and assurances in law as may be reasonably required for the better
                                         accomplishing and effecting of the intentions and provisions of this Warrant Certificate.

 

		11.	Adjustments:

 

		(a)	Adjustment: The rights of
                                         the Holder, including the number of Common Shares issuable upon the exercise of such
                                         Warrants represented by this Warrant Certificate, will be adjusted from time to time
                                         in the events and in the manner provided in, and in accordance with the provisions of,
                                         this Section 11.

 

		(b)	Share Reorganization: If
                                         and whenever at any time during the Adjustment Period, the Corporation shall (i) subdivide,
                                         redivide or change the outstanding Common Shares into a greater number of Common Shares;
                                         (ii) consolidate, combine or reduce the outstanding Common Shares into a lesser number
                                         of Common Shares; or (iii) fix a record date for the issue of Common Shares or securities
                                         convertible into or exchangeable for Common Shares to all or substantially all of the
                                         holders of Common Shares by way of a stock dividend or other distribution, then, in each
                                         such event, the Exercise Price shall, on the record date for such event or, if no record
                                         date is fixed, the effective date of such event, be adjusted so that it will equal the
                                         rate determined by multiplying the Exercise Price in effect immediately prior to such
                                         date by a fraction, of which the numerator shall be the total number of Common Shares
                                         outstanding on such date before giving effect to such event, and of which the denominator
                                         shall be the total number of Common Shares outstanding on such date after giving effect
                                         to such event. Such adjustment shall be made successively whenever any such event shall
                                         occur. Any such issue of Common Shares by way of a stock dividend shall be deemed to
                                         have been made on the record date for such stock dividend for the purpose of calculating
                                         the number of outstanding Common Shares under this subsection 11(b).

 

		(c)	Reclassifications: If and
                                         whenever at any time during the Adjustment Period, there is (i) any reclassification
                                         of or amendment to the outstanding Common Shares, any change of the Common Shares into
                                         other shares or any other reorganization of the Corporation (other than as described
                                         in subsection 11(b) hereof); (ii) any consolidation, amalgamation, arrangement, merger
                                         or other form of business combination of the Corporation with or into any other corporation
                                         resulting in any reclassification of the outstanding Common Shares, any change of the
                                         Common Shares into other shares or any other reorganization of the Corporation; or (iii)
                                         any sale, lease, exchange or transfer of the undertaking or assets of the Corporation
                                         as an entirety or substantially as an entirety to another corporation or entity, then,
                                         in each such event, the Holder upon the exercise of each Warrant shall be entitled to
                                         receive, and shall accept, in lieu of the number of Common Shares to which such Holder
                                         was theretofore entitled upon such exercise, the kind and number or amount of shares
                                         or other securities or property which such Holder would have been entitled to receive
                                         as a result of such event if, on the effective date thereof, such Holder had been the
                                         registered holder of the number of Common Shares to which such Holder was theretofore
                                         entitled upon such exercise. If necessary as a result of any such event, appropriate
                                         adjustments will be made in the application of the provisions set forth in this subsection
                                         with respect to the rights and interests thereafter of the Holder of this Warrant Certificate
                                         to the end that the provisions set forth in this subsection will thereafter correspondingly
                                         be made applicable, as nearly as may reasonably be, in relation to any shares or other
                                         securities or property thereafter deliverable upon the exercise of this Warrant. Any
                                         such adjustments will be made by and set forth in an instrument supplemental hereto approved
                                         by the directors of the Corporation, acting reasonably, and shall for all purposes be
                                         conclusively deemed to be an appropriate adjustment.

 

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		(d)	If at any time during the Adjustment
                                         Period any adjustment or readjustment in the Exercise Price shall occur pursuant to the
                                         provisions of subsection 11(b) or  11(c) of this Warrant Certificate, then
                                         the number of Common Shares purchasable upon the subsequent exercise of the Warrants
                                         shall be simultaneously adjusted or readjusted, as the case may be, by multiplying the
                                         number of Common Shares and Warrants purchasable upon the exercise of the Warrants immediately
                                         prior to such adjustment or readjustment by a fraction which shall be the reciprocal
                                         of the fraction used in the adjustment or readjustment of the Exercise Price.

 

		12.	Rules Regarding Calculation of
                                         Adjustment of Exercise Price:

 

		(a)	The adjustments provided for in
                                         Section 11 are cumulative and will, in the case of adjustments to the Exercise Price,
                                         be computed to the nearest one-hundredth of one cent and will be made successively whenever
                                         an event referred to therein occurs, subject to the following subsections of this Section
                                         12.

 

		(b)	No adjustment in the Exercise Price
                                         is required to be made unless such adjustment would result in a change of at least 1%
                                         in the prevailing Exercise Price provided, however, that any adjustments which, except
                                         for the provisions of this subsection, would otherwise have been required to be made,
                                         will be carried forward and taken into account in any subsequent adjustments.

 

		(c)	No adjustment in the Exercise Price
                                         will be made in respect of any event described in Section 11(c), other than the
                                         events referred to in subsection 11(c), if the Holder is entitled to participate
                                         in such event on the same terms, mutatis mutandis, as if the Holder had exercised
                                         this Warrant prior to or on the effective date or record date of such event.

 

		(d)	If at any time a question or dispute
                                         arises with respect to adjustments provided for in Section 11, such question or dispute
                                         will be conclusively determined by the auditor of the Corporation or, if they are unable
                                         or unwilling to act, by such other firm of independent chartered accountants as may be
                                         selected by action of the directors of the Corporation and any such determination, subject
                                         to regulatory approval and absent manifest error, will be binding upon the Corporation
                                         and the Holder. The Corporation will provide such auditor or chartered accountant with
                                         access to all necessary records of the Corporation.

 

		(e)	In case the Corporation after the
                                         date of issuance of this Warrant takes any action affecting the Common Shares, other
                                         than action described in Section 11, which in the opinion of the board of directors of
                                         the Corporation would materially affect the rights of the Holder, the Exercise Price
                                         will be adjusted in such manner, if any, and at such time, by action of the directors
                                         of the Corporation in their sole discretion, acting reasonably and in good faith, but
                                         subject in all cases to any necessary regulatory approval. Failure of the taking of action
                                         by the directors of the Corporation so as to provide for an adjustment on or prior to
                                         the effective date of any action by the Corporation affecting the Common Shares will
                                         be conclusive evidence that the board of directors of the Corporation has determined
                                         that it is equitable to make no adjustment in the circumstances.

 

		(f)	If the Corporation sets a record
                                         date to determine the holders of the Common Shares for the purpose of entitling them
                                         to receive any dividend or distribution or sets a record date to take any other action
                                         and, thereafter and before the distribution to such shareholders of any such dividend
                                         or distribution or the taking of any other action, decides not to implement its plan
                                         to pay or deliver such dividend or distribution or take such other action, then no adjustment
                                         in the Exercise Price will be required by reason of the setting of such record date.

 

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		(g)	In the absence of a resolution
                                         of the directors of the Corporation fixing a record date for any event which would require
                                         any adjustment to this Warrant, the Corporation will be deemed to have fixed as the record
                                         date therefor the date on which the event is effected.

 

		(h)	As a condition precedent to the
                                         taking of any action which would require any adjustment to this Warrant, including the
                                         Exercise Price, the Corporation shall take any corporate action which may be necessary
                                         in order that the Corporation or any successor to the Corporation or successor to the
                                         undertaking or assets of the Corporation have unissued and reserved in its authorized
                                         capital and may validly and legally issue as fully paid and non-assessable all the shares
                                         or other securities which the Holder is entitled to receive on the full exercise thereof
                                         in accordance with the provisions hereof.

 

		(i)	The Corporation will from time
                                         to time, immediately after the occurrence of any event which requires an adjustment or
                                         readjustment as provided in Section 11, forthwith give notice to the Holder specifying
                                         the event requiring such adjustment or readjustment and the results thereof, including
                                         the resulting Exercise Price.

 

		(j)	The Corporation covenants to and
                                         in favour of the Holder that so long as this Warrant remains outstanding, it will give
                                         notice to the Holder of the effective date or of its intention to fix a record date for
                                         any event referred to in Sections 11 or 12 whether or not such event gives rise to an
                                         adjustment in the Exercise Price or the number and type of securities issuable upon the
                                         exercise of the Warrants and, in each case, such notice shall specify the particulars
                                         of such event and the record date and the effective date for such event; provided that
                                         the Corporation shall only be required to specify in such notice such particulars of
                                         such event as have been fixed and determined on the date on which such notice is given.
                                         Such notice shall be given not less than 14 days in each case prior to such applicable
                                         record date or effective date, unless giving such notice is not reasonably practicable,
                                         in which case the Corporation will give as much notice as is reasonably practicable.

 

		(k)	In any case in which Section 11
                                         shall require that an adjustment shall become effective immediately after a record date
                                         for or an effective date of an event referred to herein, the Corporation may defer, until
                                         the occurrence and consummation of such event, issuing to the Holder of this Warrant,
                                         if exercised after such record date or effective date and before the occurrence and consummation
                                         of such event, the additional Common Shares or other securities or property issuable
                                         upon such exercise by reason of the adjustment required by such event, provided, however,
                                         that the Corporation will deliver to the Holder an appropriate instrument evidencing
                                         the Holder’s right to receive such additional Common Shares or other securities
                                         or property upon the occurrence and consummation of such event and the right to receive
                                         any dividend or other distribution in respect of such additional Common Shares or other
                                         securities or property declared in favour of the holders of record of Common Shares or
                                         of such other securities or property on or after the Exercise Date or such later date
                                         as the Holder would, but for the provisions of this subsection, have become the holder
                                         of record of such additional Common Shares or of such other securities or property.

 

		13.	Consolidation and Amalgamation:

 

		(a)	The Corporation shall not enter
                                         into any transaction whereby all or substantially all or its undertaking, property and
                                         assets would become the property of any other corporation (herein called a “successor
                                         corporation”) whether by way of reorganization, reconstruction, consolidation,
                                         amalgamation, merger, transfer, sale, disposition or otherwise, unless prior to or contemporaneously
                                         with the consummation of such transaction the Corporation and the successor corporation
                                         shall have executed such instruments and done such things as the Corporation, acting
                                         reasonably, considers necessary or advisable to establish that upon the consummation
                                         of such transaction:

 

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		(i)	the successor corporation will have
                                         assumed all the covenants and obligations of the Corporation under this Warrant Certificate,
                                         and

 

		(ii)	the Warrant and the terms set forth
                                         in this Warrant Certificate will be a valid and binding obligation of the successor corporation
                                         entitling the Holder, as against the successor corporation, to all the rights of the
                                         Holder under this Warrant Certificate.

 

		(b)	Whenever the conditions of subsection
                                         13(a) shall have been duly observed and performed the successor corporation shall possess,
                                         and from time to time may exercise, each and every right and power of the Corporation
                                         under this Warrant in the name of the Corporation or otherwise and any act or proceeding
                                         by any provision hereof required to be done or performed by any director or officer of
                                         the Corporation may be done and performed with like force and effect by the like directors
                                         or officers of the successor corporation.

 

		14.	Representation and Warranty:
                                         The Corporation hereby represents and warrants with and to the Holder that the Corporation
                                         is duly authorized and has the corporate and lawful power and authority to create and
                                         issue this Warrant and the Common Shares issuable upon the exercise hereof and perform
                                         its obligations hereunder and that this Warrant represents a valid, legal and binding
                                         obligation of the Corporation enforceable in accordance with its terms.

 

		15.	Lost Certificate: If
                                         the Warrant Certificate evidencing the Warrants issued hereby becomes stolen, lost, mutilated
                                         or destroyed the Corporation may, on such terms as it may in its discretion, acting reasonably,
                                         impose, issue and countersign a new Warrant Certificate of like denomination, tenor and
                                         date as the Warrant Certificate so stolen, lost mutilated or destroyed.

 

		16.	Governing Law: This Warrant
                                         shall be governed by, and construed in accordance with, the laws of the Province of Ontario
                                         and the federal laws of Canada applicable therein and will be treated in all respects
                                         as an Ontario contract. Each of the parties hereto, irrevocably attorns to the exclusive
                                         jurisdiction of the courts of the province of Ontario with respect to all matters arising
                                         out of this Warrant Certificate.

 

		17.	Severability: If any
                                         one or more of the provisions or parts thereof contained in this Warrant Certificate
                                         should be or become invalid, illegal or unenforceable in any respect in any jurisdiction,
                                         the remaining provisions or parts thereof contained herein shall be and shall be conclusively
                                         deemed to be, as to such jurisdiction, severable therefrom.

 

		18.	Headings: The headings
                                         of the articles, sections, subsections and clauses of this Warrant Certificate have been
                                         inserted for convenience and reference only and do not define, limit, alter or enlarge
                                         the meaning of any provision of this Warrant Certificate.

 

		19.	Numbering of Articles, etc.:
                                         Unless otherwise stated, a reference herein to a numbered or lettered article, section,
                                         subsection, clause, subclause or schedule refers to the article, section, subsection,
                                         clause, subclause or schedule bearing that number or letter in this Warrant Certificate.

 

		20.	Gender: Whenever used
                                         in this Warrant Certificate, words importing the singular number only shall include the
                                         plural, and vice versa, and words importing the masculine gender shall include the feminine
                                         gender.

 

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		21.	Day not a Business Day:
                                         In the event that any day on or before which any action is required to be taken hereunder
                                         is not a Business Day, then such action shall be required to be taken on or before the
                                         requisite time on the next succeeding day that is a Business Day.

 

		22.	Binding Effect: This
                                         Warrant Certificate and all of its provisions shall enure to the benefit of the Holder,
                                         its successors, assigns and legal personal representatives and shall be binding upon
                                         the Corporation and its successors.

 

		23.	Further Assurances: The
                                         Corporation hereby covenants and agrees that it will do, execute, acknowledge and deliver,
                                         or cause to be done, executed, acknowledged and delivered, all and every such other act,
                                         deed and assurance as the Holder shall reasonably require for the better accomplishing
                                         and effectuating of the intentions and provisions of this Warrant Certificate.

 

		24.	Notice: Unless herein
                                         otherwise expressly provided, a notice to be given hereunder will be deemed to be validly
                                         given if the notice is sent by courier or registered mail addressed as follows:

 

		(a)	If to the Holder at the latest
                                         address of the Holder as recorded on the Register; and

 

		(b)	If to the Corporation at:

 

203-277 Lakeshore Road East

Oakville, ON L6J 6J3

 

Any notice given as aforesaid
shall conclusively be deemed to have been received by the addressee, if sent by courier, on the next following Business Day and,
if sent by mail, on the fifth day following the posting thereof.

 

		25.	Time of Essence: Time
                                         shall be of the essence hereof.

 

[Signature Page
to Follow]

 

    	 	9	 

     

    

 

IN WITNESS WHEREOF the Corporation
has caused this Warrant Certificate to be signed by its duly authorized officer as of ______________________________, 2018.

 

	 	EHAVE,
    INC.
	 	 
	 	Per:	 
	 	 	Authorized
    Signatory

 

Signature Page –
Ehave, Inc. Warrant Certificate

 

    	 	 	 

     

    

 

EXHIBIT “I”

 

SUBSCRIPTION FORM

 

TO:        Ehave,
Inc.

203-277 Lakeshore
Road East

Oakville,
ON L6J 6J3

 

The undersigned holder of the within Warrant
certificate hereby irrevocably subscribes for ___________ Common Shares of Ehave, Inc. pursuant to the within Warrant certificate
and tenders herewith a certified cheque or bank draft for CDN$_________________ in full payment therefor.

 

The undersigned represents, warrants and
certifies the undersigned is not a U.S. Person or a person in the United States, and is not acquiring any of the Common Shares
issuable upon the exercise of the Warrants for the account or benefit of a U.S. Person or a person in the United States, and none
of the persons listed above is a U.S. Person or a person in the United States. For purposes hereof “United States”
and “U.S. Person” shall have the meanings given to such terms in Regulation S under the United States Securities Act
of 1933, as amended (the “U.S. Securities Act”).

 

	DATED                                                                                     .	 	 
	 	 	 
	 	 	(Name of Subscriber
    - please print)
	 	 	 
	 	 	By:                                                                                                         
	 	 	      (Authorized Signature)
	 	 	 
	 	 	 
	 	 	(Official Capacity
    or Title - please print)
	 	 	 
	 	 	 
	 	 	Please print name
    of individual whose signature appears 
	 	 	above if different
    than the name of the Subscriber 

    printed 
	 	 	above.

 

	Deliver
    the Common Shares as set forth below:	 	Register
    the Common Shares as set forth below:
	 	 	 
	 	 	 ̈ Same
    as Delivery Address (otherwise complete below)
	 	 	 
	 	 	 
	(Name)	 	(Name)
	 	 	 
	 	 	 
	(Account reference,
    if applicable)	 	(Account reference,
    if applicable)
	 	 	 
	 	 	 
	(Contact Name)	 	(Contact Name)
	 	 	 
	 	 	 
	(Address)	 	(Address)
	 	 	 
	 	 	 

 

Exhibit II –
Ehave, Inc. Warrant Certificate

 

    	 	 	 

     

    

 

EXHIBIT “II”

 

TRANSFER FORM

 

To:           Ehave,
Inc. (the “Corporation”)

203-277 Lakeshore
Road East

Oakville, ON L6J 6J3

 

FOR VALUE RECEIVED the undersigned
hereby sells, assigns and transfers to
__________________________________________________________________________________________________________

________________________________________________________________________________________________(print name and address) the Warrants represented by this Warrant certificate and hereby irrevocable constitutes and appoints
____________________ as its attorney with full power of substitution to transfer the said securities on the appropriate
register of the Warrant Agent.

 

In the case of a warrant certificate that
contains a U.S. restrictive legend, the undersigned hereby represents, warrants and certifies that (one (only) of the following
must be checked):

 

 ̈           (A)           the
transfer is being made only to the Corporation;

 

 ̈           (B)            the
transfer is being made outside the United States in accordance with Rule 904 of Regulation S under the U.S. Securities Act, and
in compliance with any applicable local securities laws and regulations and the holder has provided herewith the Declaration for
Removal of Legend attached as Appendix “A” to this Exhibit “II”; or

 

 ̈           (C)           the
transfer is being made within the United States or to, or for the account or benefit of, U.S. Persons, in accordance with a transaction
that does not require registration under the U.S. Securities Act or any applicable state securities laws and the undersigned has
furnished to the Corporation and the Warrant Agent an opinion of counsel of recognized standing in form and substance reasonably
satisfactory to the Corporation and the Warrant Agent to such effect.

 

In the case of a warrant certificate that
does not contain a U.S. restrictive legend, if the proposed transfer is to, or for the account or benefit of a U.S. Person or
to a person in the United States, the undersigned hereby represents, warrants and certifies that the transfer of the Warrants
is being completed pursuant to an exemption from the registration requirements of the U.S. Securities Act and any applicable state
securities laws, in which case the undersigned has furnished to the Corporation and the Warrant Agent an opinion of counsel of
recognized standing in form and substance reasonably satisfactory to the Corporation and the Warrant Agent to such effect.

 

 ̈           If
transfer is to a U.S. Person, check this box.

 

DATED this ____ day
of_________________, 20____.

 

	SPACE
    FOR GUARANTEES OF 	)	 
	SIGNATURES (BELOW)	)	 
	 	)	Signature of Transferor
	 	)	 
	 	)	 
	Guarantor’s
    Signature/Stamp	)	Name of Transferor

 

Exhibit
II – Ehave, Inc. Warrant Certificate

 

    	 	 	 

     

    

 

APPENDIX “A” TO EXHIBIT
“II”

 

FORM OF DECLARATION FOR REMOVAL
OF LEGEND

 

TO:          Ehave,
Inc. (the “Corporation”)

 

The undersigned: (a) acknowledges that
the sale of the securities of the Corporation to which this declaration relates is being made in reliance on Rule 904 of Regulation
S under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”); and (b) certifies
that: (1) the undersigned is not an affiliate of the Corporation as that term is defined in the 1933 Act; (2) the offer of such
securities was not made to a person in the United States and either: (A) at the time the buy order was originated, the buyer was
outside the United States, or the seller and any person acting on its behalf reasonably believed that the buyer was outside the
United States; or (B) the transaction was executed in, on or through the facilities of a designated offshore securities market
as defined in Regulation S under the U.S. Securities Act and neither the seller nor any person acting on its behalf knows that
the transaction has been prearranged with a buyer in the United States; (3) neither the seller nor any affiliate of the seller
nor any person acting on any of their behalf has engaged or will engage in any directed selling efforts in the United States in
connection with the offer and sale of such securities; (4) the sale is bona fide and not for the purpose of “washing off”
the resale restrictions imposed because the securities are “restricted securities” (as such term is defined in Rule
144(a)(3) under the U.S. Securities Act); (5) the seller does not intend to replace the securities sold in reliance on Rule 904
of the U.S. Securities Act with fungible unrestricted securities; and (6) the contemplated sale is not a transaction, or part
of a series of transactions which, although in technical compliance with Regulation S, is part of a plan or scheme to evade the
registration provisions of the U.S. Securities Act. Terms used herein have the meanings given to them by Regulation S.

 

DATED this ____day
of _____, 20__.

 

	 	 
	 	(Name
    of Seller)
	 	By:	 
	 	 	Name:
	 	 	Title:

 

Appendix “A”
to Exhibit II – Ehave, Inc. Warrant CertificateExhibit 4.31 

 

EHAVE, INC.

 

SUBSCRIPTION AGREEMENT FOR UNITS

 

TO:EHAVE, INC. (THE “CORPORATION”)

 

The undersigned hereby irrevocably subscribes
for and agrees to purchase from the Corporation that number of units of the Corporation (the “Units”) set out
below at a price of $1,000 per Unit (the “Subscription Price”). Each Unit consists of one (1) Convertible Debenture
(as defined herein) and such number of Warrants (as defined herein) as is equal to $1,200 divided by the Conversion Price (as defined
herein). The Subscriber agrees to be bound by the terms and conditions set forth in the attached “Terms and Conditions of
Subscription for Units” including without limitation the terms, representations, warranties, covenants, certifications and
acknowledgements set forth in the applicable Schedules attached thereto. The Subscriber further agrees, without limitation, that
the Corporation may rely upon the Subscriber’s representations, warranties, covenants, certifications and acknowledgments
contained in such documents.

 

SUBSCRIPTION AND SUBSCRIBER INFORMATION

 

Please print all information (other than
signatures), as applicable, in the space provided below 

 

	Subscriber
    Information and Signature	 	 
	

                                                                                _______________________________________________________

                                         (Name of Subscriber)
	 

         

         

         
	Number of  Units:    _____________________________x
    $1,000
	 	 	=
	Account Reference (if applicable):  ___________________________	 	 
	By:  ____________________________________________________

            Authorized Signature	 	Aggregate Subscription Price:_____________________________

         (the
“Subscription Amount”)

	 	 	 
	

        ______________________________________________________

        (Official
Capacity or Title – if the Subscriber is not an individual)

         

        _______________________________________________________ 

        (Name
        of individual whose signature appears above if different than the name of the Subscriber printed above.)

         

         ______________________________________________________ 

        (Subscriber’s
        Residential Address, including Municipality and Province)

         

         ______________________________________________________ 

         

         ______________________________________________________ 

        (Subscriber’s
        Telephone Number)                            (Email Address)

         
	 

         

         

         
	State
        whether Subscriber is an Insider* of the Corporation:

                                                                                                                     Yes  ̈          No  ̈

         

        State
        whether Subscriber is a Registrant*:

        Yes  ̈          No  ̈

         

        (*see
Article I, section 1.1. – Definitions)

 

    	 	 	

     

    

 

The Subscriber hereby provides the Corporation
the following instructions in connection with the settlement of the Convertible Debentures and Warrants comprising the Units being
purchased hereunder and hereby directs the Corporation to issue and register (and deliver any definitive certificates, if applicable)
the Convertible Debentures and Warrants comprising the Units as follows.

 

	 	Account Registration Information:	 	 	 	Delivery Instructions:	 
	 	 	 	 	 	 	 
	 	(Name)	 	 	 	(Name)	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	(Account Reference, if applicable)	 	 	 	(Account Reference, if applicable)	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	(Address, including Postal Code)	 	 	 	(Address, including Postal Code)	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	(Telephone Number)                      (Fax Number)	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	(Contact Name)	 
	 	 	 	 	 	 	 

 

    	2

    	 

    

 

TERMS AND CONDITIONS OF SUBSCRIPTION
FOR UNITS

 

ARTICLE
1 - INTERPRETATION

 

		1.1	Definitions

 

Whenever used in this
Subscription Agreement, unless there is something in the subject matter or context inconsistent therewith, the following words
and phrases shall have the respective meanings ascribed to them as follows:

 

“Business Day” means
a day other than a Saturday, Sunday or any other day on which the principal chartered banks located in Toronto, Ontario are not
open for business.

 

“Closing” has the meaning
ascribed to such term in Section 4.1.

 

“Closing Date” has the
meaning ascribed to such term in Section 4.1.

 

“Closing Time” has the
meaning ascribed to such term in Section 4.1.

 

“Common Shares” means
the shares of common stock in the capital of the Corporation.

 

“Conversion Price” shall
mean the Qualified Financing Price multiplied by 0.75.

 

“Convertible Debentures”
has the meaning ascribed to such term in the Term Sheet.

 

“Corporation” means
Ehave, Inc. and includes any successor corporation to or of the Corporation.

 

“Debenture Certificate”
means the certificate to be delivered by the Corporation to the Subscriber evidencing the Debentures.

 

“including” means without
limitation.

 

“Insider” means (a)
a director or senior officer of the Corporation (or a subsidiary of the Corporation), (b) any Person who beneficially owns, directly
or indirectly, voting securities of the Corporation or who exercises control or direction over voting securities of the Corporation
or a combination of both carrying more than 10% of the voting rights attached to all voting securities of the Corporation for the
time being outstanding, or (c) a director or senior officer of an Insider of the Corporation.

 

“knowledge of the Corporation”
(or similar phrases) means, as it pertains to the Corporation, the actual knowledge of the executive officers of the Corporation
in office as at the date of this Subscription Agreement, together with the knowledge which they would have had if they had conducted
a reasonable inquiry into the relevant subject matter;

 

“NI 45-106” means National
Instrument 45-106 – Prospectus Exemptions of the Canadian Securities Administrators.

 

“Offering” means the
offering to the Subscriber of approximately 500 Units to be issued and sold by the Corporation pursuant to this Subscription Agreement.

 

    	3

    	 

    

  

“Person” includes any
individual (whether acting as an executor, trustee administrator, legal representative or otherwise), corporation, firm, partnership,
sole proprietorship, syndicate, joint venture, trustee, trust, unincorporated organization or association, and pronouns have a
similar extended meaning.

 

“Qualified Financing”
shall mean the completion of a financing by the Corporation after the date hereof for aggregate gross proceeds of not less than
CDN$2,000,000; provided that such financing shall be completed in connection with the proposed listing of the Common Shares on
a recognized stock exchange in Canada within two (2) months of the completion of such financing;

 

“Qualified Financing Price”
shall mean the price per security issued by the Corporation in the Qualified Financing

 

“Registrant” means a
dealer, adviser, investment fund manager, an ultimate designated person or chief compliance officer as those terms are used pursuant
to Securities Laws, or a person registered or otherwise required to be registered under the Securities Laws.

 

“Securities Laws” means,
as applicable, the securities laws, regulations, rules, rulings and orders in each of the provinces of Canada, the applicable policy
statements, notices, blanket rulings, orders and all other regulatory instruments of the securities regulators in each of the provinces
of Canada.

 

“Subscriber” means the
subscriber for the Units as set out on page 1 of this Subscription Agreement.

 

“Subscription Agreement”
means this subscription agreement (including any Schedules hereto) and any instrument amending this Subscription Agreement; “hereof”,
“hereto”, “hereunder”, “herein” and similar expressions mean and refer
to this Subscription Agreement and not to a particular Article or Section; and the expression “Article” or “Section”
followed by a number means and refers to the specified Article or Section of this Subscription Agreement.

 

“Subscription Amount”
has the meaning ascribed to such term on page 1 of this Subscription Agreement.

 

“Subscription Price”
has the meaning ascribed to such term on page 1 of this Subscription Agreement.

 

“Term Sheet” means the
term sheet delivered to potential purchasers of Units, a copy of which is attached hereto as Schedule “A”.

 

“Underlying Shares”
means the Common Shares issuable on conversion of the Convertible Debentures, as more particularly set out in the Term Sheet.

 

“United States” means
the United States of America, its territories and possessions, any State of the United States and the District of Columbia.

 

“Units” has the meaning
ascribed to such term on page 1 of this Subscription Agreement.

 

“U.S. Securities Act”
means the United States Securities Act of 1933, as amended.

 

“Warrant Certificate”
means the certificate to be delivered by the Corporation to the Subscriber evidencing the Warrants.

 

“Warrants” has the meaning
ascribed to such term in the Term Sheet.

 

    	4

    	 

    

 

“Warrant Shares” means
the Common Shares issuable upon the exercise of the Warrants, as more particularly set out in the Term Sheet.

 

		1.2	Gender and Number

 

Words importing the singular
number only shall include the plural and vice versa, words importing the masculine gender shall include the feminine gender and
words importing persons shall include firms and corporations and vice versa.

 

		1.3	Currency

 

Unless otherwise specified,
all dollar amounts in this Subscription Agreement and the Schedules, including the symbol “$”, are expressed in Canadian
dollars.

 

		1.4	Subdivisions and Headings

 

The division of this
Subscription Agreement into Articles, Sections, Schedules and other subdivisions and the inclusion of headings are for convenience
of reference only and shall not affect the construction or interpretation of this Subscription Agreement. The headings in this
Subscription Agreement are not intended to be full or precise descriptions of the text to which they refer. Unless something in
the subject matter or context is inconsistent therewith, references herein to an Article, Section, Subsection, paragraph, clause
or Schedule are to the applicable article, section, subsection, paragraph, clause or schedule of this Subscription Agreement.

 

ARTICLE
2 - SCHEDULES

 

		2.1	Description of Schedules

 

The following are the
Schedules attached to and incorporated in this Subscription Agreement by reference and deemed to be a part hereof:

 

Schedule “A”-Term
Sheet

Schedule “B” -Accredited
Investor Certificate

Schedule “C”- Contact Information for Canadian Securities Commissions

 

ARTICLE
3 - SUBSCRIPTION AND DESCRIPTION OF UNITS

 

		3.1	Subscription for the Units

 

The Subscriber hereby
confirms its irrevocable subscription for and offer to purchase from the Corporation that number of Units indicated on page 2 of
this Subscription Agreement, on and subject to the terms and conditions set out in this Subscription Agreement, for the Subscription
Amount which is payable as described in Article 4 hereto.

 

    	5

    	 

    

 

		3.2	Description of the Units

 

Each Unit consists of
one (1) Convertible Debenture and such number of Warrants (as defined herein) as is equal to $1,200 divided by the Conversion Price.
A summary of certain terms of the Convertible Debentures and the Warrants are set forth in the Term Sheet; however, reference should
be made to the Debenture Certificates and Warrant Certificates for the definitive terms of the Convertible Debentures and the Warrants.
In the event of a conflict or inconsistency between the Term Sheet and the Debenture Certificates or Warrant Certificates, the
Debenture Certificates and Warrant Certificates shall be paramount and shall govern.

 

		3.3	Acceptance and Rejection of Subscription by the Corporation

 

The Subscriber acknowledges
and agrees that the Corporation reserves the right, in its absolute discretion, to reject this subscription for Units, in whole
or in part, at any time prior to the Closing Time. If this subscription is rejected in whole, any payment delivered by the Subscriber
representing the Subscription Amount pursuant to this Agreement, will be promptly returned to the Subscriber without interest or
deduction. If this subscription is accepted only in part, a cheque representing any refund of the Subscription Amount for that
portion of the subscription for the Units which is not accepted will be promptly returned to the Subscriber without interest or
deduction.

 

ARTICLE
4 - CLOSING

 

		4.1	Closing

 

Delivery and sale of
the Units and payment of the aggregate Subscription Amount will be completed (the “Closing”) at the offices
of the Corporation’s counsel, Dentons Canada LLP, in Toronto, Ontario at 10:00 a.m. (Toronto time) (the “Closing
Time”) on or about January 31, 2018, or such other place or date or time as the Corporation may determine (a “Closing
Date”). Provided that on or prior to the Closing Time, the terms and conditions contained in this Subscription Agreement
have been complied with to the satisfaction of the Corporation, or waived by the Corporation, the Subscriber shall deliver a completed
Subscription Agreement and payment of the aggregate Subscription Amount for all of the Units sold hereunder to the Corporation,
against delivery by the Corporation of the Debenture Certificates and the Warrant Certificates (or such other evidence of issue
of the Units as the Subscriber and the Corporation may agree) and such other documentation as may be required pursuant to this
Subscription Agreement.

 

If, prior to the Closing
Time, the terms and conditions contained in this Subscription Agreement (other than the delivery by the Corporation of the Debenture
Certificates and the Warrant Certificates or the delivery by the Corporation of such other evidence of issue of the Convertible
Debentures and Warrants comprising the Units as the Subscriber and the Corporation may agree) have not been complied with to the
satisfaction of the Corporation, or waived by it, the Corporation and the Subscriber will have no further obligations under this
Subscription Agreement.

 

		4.2	Conditions of Closing

 

The Subscriber acknowledges
and agrees that the Corporation is relying on the truth of the representations and warranties of the Subscriber contained in this
Subscription Agreement as of the date of this Subscription Agreement, and as of the Closing Time as if made at and as of the Closing
Time, and the fulfillment of the following additional conditions prior to the Closing Time:

 

		(a)	on or before January 31, 2018, the Subscriber having made payment arrangements for the Subscription
Amount in a manner acceptable to the Corporation;

 

    	6

    	 

    

 

		(b)	on or before January 31, 2018, the Subscriber having delivered a properly completed and signed
Subscription Agreement to the Corporation;

 

		(c)	the Subscriber having executed and returned to the Corporation, at the Corporation’s request,
all other documents as may be required by the securities laws for delivery by the Corporation on behalf of the Subscriber;

 

		(d)	the Corporation having obtained all necessary approvals and consents in respect of the Offering;

 

		(e)	the Corporation having accepted the Subscriber’s subscription, in whole or in part; and

 

		(f)	the issue and sale of the Convertible Debentures and Warrants comprising the Units being exempt
from the requirement to file a prospectus and the requirement to deliver an offering memorandum under applicable securities legislation,
or the Corporation having received such orders, consents or approvals as may be required to permit such sale without the requirement
to file a prospectus or deliver an offering memorandum.

 

ARTICLE 5
– REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE CORPORATION

 

		5.1	Representations, Warranties and Covenants of the Corporation

 

The Corporation represents
and warrants to the Subscriber and acknowledges that:

 

		(a)	the Corporation is a corporation duly incorporated duly organized, continued or amalgamated and
validly existing under the laws of the jurisdiction in which it was incorporated, organized, continued or amalgamated, as the case
may be;

 

		(b)	the Corporation has all requisite corporate power, authority and capacity to enter into this Subscription
Agreement and to perform the transactions contemplated herein and carry on its business and, to the knowledge of the Corporation,
no steps or proceedings have been taken by any person, voluntary or otherwise, requiring or authorizing its dissolution or winding-up;

 

		(c)	the Corporation is not in default of any material requirement of applicable Securities Laws;

 

		(d)	no order, ruling or determination having the effect of suspending the sale or ceasing the trading
in any securities of the Corporation has been issued by any regulatory authority and is continuing in effect and no proceedings
for that purpose have been instituted or, to the knowledge of the Corporation, are pending, contemplated or threatened by any regulatory
authority;

 

		(e)	at the Closing Time, the Convertible Debentures and the Warrants will be duly and validly issued
and created; and

 

		(f)	the issuance of the Convertible Debentures and Warrants have been authorized and the Underlying
Shares and Warrant Shares have been duly reserved and allotted for issuance.

 

    	7

    	 

    

 

ARTICLE
6- ACKNOWLEDGEMENTS, REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE SUBSCRIBER

 

		6.1	Acknowledgements, Representations, Warranties and Covenants of the Subscriber

 

The Subscriber hereby
acknowledges, represents and warrants to, and covenants with, the Corporation as follows and acknowledges that the Corporation
is relying on such acknowledgements, representations, warranties and covenants in connection with the transactions contemplated
herein:

 

		(a)	the Subscriber confirms that it:

 

		(i)	has such knowledge in financial and business affairs as to be capable of evaluating the merits
and risks of its investment in the Units, including the potential loss of its entire investment;

 

		(ii)	is aware of the characteristics of the Convertible Debentures and Warrants comprising the Units
and understands the risks relating to an investment therein; and

 

		(iii)	is able to bear the economic risk of loss of its investment in the Units;

 

		(b)	the Subscriber is a resident, or if not an individual, the Subscriber has its head office, in the
jurisdiction set out on page 1 of this Subscription Agreement and intends that the securities laws of that jurisdiction govern
the Subscriber’s subscription. Such address was not created and is not used solely for the purpose of acquiring the Units;

 

		(c)	the Subscriber is aware that the Convertible Debentures and Warrants comprising the Units (and
the Underlying Shares and Warrant Shares) have not been and will not be registered under the U.S. Securities Act or the securities
laws of any state and that the Convertible Debentures and Warrants comprising the Units (and the Underlying Shares and Warrant
Shares) may not be offered or sold, directly or indirectly, in the United States without registration under the U.S. Securities
Act and applicable state securities laws or compliance with the requirements of an exemption from registration therefrom and it
acknowledges that the Corporation has no present intention of filing a registration statement under the U.S. Securities Act or
applicable state securities laws in respect of such securities;

 

		(d)	the Units have not been offered to the Subscriber in the United States, and the individuals making
the order to purchase the Units and executing and delivering this Subscription Agreement on behalf of the Subscriber were not in
the United States when the order was placed and this Subscription Agreement was executed and delivered;

 

		(e)	the Subscriber undertakes and agrees that it will not offer or sell any of the Convertible Debentures
or Warrants comprising the Units (and the Underlying Shares and Warrant Shares) in the United States unless such securities are
registered under the U.S. Securities Act and the securities laws of all applicable states of the United States, or an exemption
from such registration requirement is available;

 

    	8

    	 

    

 

		(f)	the execution and delivery of this Subscription Agreement, the performance and compliance with
the terms hereof, the subscription for the Units (and any subsequent conversion of the Convertible Debentures or exercise of the
Warrants) and the completion of the transactions described herein by the Subscriber will not result in any material breach of,
or be in conflict with or constitute a material default under, or create a state of facts which, after notice or lapse of time,
or both, would constitute a material default under any term or provision of the constating documents, by-laws or resolutions of
the Subscriber, if applicable, the Securities Laws or any other laws applicable to the Subscriber, any agreement to which the Subscriber
is a party, or any judgment, decree, order, statute, rule or regulation applicable to the Subscriber;

 

		(g)	the Subscriber is subscribing for the Units as principal for its own account and not for the benefit
of any other Person (within the meaning of applicable Securities Laws);

 

		(h)	the Subscriber is either:

 

		(i)	relying on the “accredited investor” exemption under NI 45-106, and shall complete,
sign and deliver to the Corporation (1) Schedule “B” (the “Accredited Investor Status Certificate”); and
(2) Exhibit “I” to Schedule “B” if subscribing under categories (j), (k) or (l) of the Accredited Investor
Status Certificate; or

 

		(ii)	relying on the “minimum amount investment” exemption under NI 45-106, and shall indicate
by initialing immediately below that the Subscriber is (1) not an individual; (2) is purchasing the Units as principal; and (3)
the Subscription amount is not less than $150,000

 

___________________
(initial if relying on the “minimum amount investment exemption under NI 45-106);

 

		(i)	if the Subscriber is an “accredited investor” within the meaning of NI 45-106, the
Subscriber has properly completed, executed and delivered to the Corporation this Subscription Agreement and Schedule “B”
(the Accredited Investor Status Certificate), as applicable and the acknowledgements, representations, warranties, covenants and
information contained herein and therein are true and correct as of the date hereof and will be true and correct as of the Closing
Time and if less than a complete copy of this Subscription Agreement is delivered to the Corporation, the Corporation and its are
entitled to assume that the Subscriber accepts and agrees to all the terms and conditions of the pages not delivered, unaltered;

 

		(j)	if the Subscriber is not an individual, this Subscription Agreement has been duly authorized, executed
and delivered by, and constitutes a legal, valid and binding agreement of the Subscriber and is enforceable in accordance with
its terms against the Subscriber;

 

		(k)	if the Subscriber is a corporation, the Subscriber is duly incorporated and is validly subsisting
under the laws of its jurisdiction of incorporation and has all requisite legal and corporate power and authority to execute and
deliver this Subscription Agreement, to subscribe for the Units as contemplated herein and to carry out and perform its covenants
and obligations under the terms of this Subscription Agreement and has obtained all necessary approvals in respect thereof, and
the individual signing this Subscription Agreement has been duly authorized to execute and deliver this Subscription Agreement;

 

    	9

    	 

    

  

		(l)	there is no Person acting or purporting to act in connection with the transactions contemplated
herein who is entitled to any brokerage or finder’s fee;

 

		(m)	if required by applicable Securities Laws, the Subscriber will execute, deliver and file or assist
the Corporation in filing such reports, undertakings and other documents with respect to the issue of the Convertible Debentures
and Warrants comprising the Units as may be required by any securities commission, stock exchange or other regulatory authority;

 

		(n)	the Subscriber has been advised to consult its own legal advisors with respect to the execution,
delivery and performance by it of this Subscription Agreement and the transactions contemplated herein, including trading in the
Convertible Debentures, Warrants, Underlying Shares and Warrant Shares, and with respect to the hold periods imposed by the Securities
Laws and acknowledges that no representation has been made by the Corporation respecting the applicable hold periods imposed by
the Securities Laws or other resale restrictions applicable to such securities which restrict the ability of the Subscriber (or
others for whom it is contracting hereunder) to resell such securities, that the Subscriber (or others for whom it is contracting
hereunder) is solely responsible to find out what these restrictions are, that the Subscriber is solely responsible (and the Corporation
is in no way responsible) for compliance with applicable resale restrictions and that the Subscriber (or others for whom it is
contracting hereunder) is aware that it may not resell such securities except in accordance with limited exemptions under the Securities
Laws and other applicable securities laws;

 

		(o)	the Subscriber has not received or been provided with a prospectus, offering memorandum (within
the meaning of the Securities Laws) or any sales or advertising literature in connection with the Offering or any document purporting
to describe the business and affairs of the Corporation which has been prepared for review by prospective purchasers to assist
in making an investment decision in respect of the Units and the Subscriber’s decision to subscribe for the Units was not
based upon, and the Subscriber has not relied upon, any oral or written representations as to facts made by or on behalf of the
Corporation, or any employee, agent or affiliate thereof or any other person associated therewith, except as set forth herein.
The Subscriber’s decision to subscribe for the Units was based solely upon this Subscription Agreement (including the Term
Sheet) and any information about the Corporation which is publicly available (any such information having been obtained by the
Subscriber);

 

		(p)	the Corporation has not, nor have any of its directors, employees, officers, affiliates or agents
made any written or oral representations:

 

		(i)	that any Person will resell or repurchase the Convertible Debentures or Warrants comprising the
Units (or the Underlying Shares or Warrant Shares);

 

		(ii)	that any Person will refund all or any part of the Subscription Amount; or

 

    	10

    	 

    

  

		(iii)	as to the future price or value of the Convertible Debentures or Warrants or the Underlying Shares
or Warrant Shares;

 

		(q)	the subscription for the Units has not been made through or as a result of, and the distribution
of the Units is not being accompanied by any advertisement, including without limitation in printed public media, radio, television
or telecommunications, including electronic display, or as part of a general solicitation; and

 

		(r)	the funds representing the Subscription Amount which will be advanced by the Subscriber to the
Corporation hereunder will not represent proceeds of crime for the purposes of the Proceeds of Crime (Money Laundering) and
Terrorist Financing Act (Canada) (the “PCMLTFA”), the United Kingdom’s Proceeds of Crime Act 2002
(the “POCA”) or the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept
and Obstruct Terrorism Act (the “PATRIOT Act”), and the Subscriber acknowledges that the Corporation may
in the future be required by law to disclose the Subscriber’s name and other information relating to this Subscription Agreement
and the Subscriber’s subscription hereunder, on a confidential basis, pursuant to the PCMLTFA, POCA or the PATRIOT Act. To
the best of its knowledge (a) none of the subscription funds to be provided by the Subscriber (i) have been or will be derived
from or related to any activity that is deemed criminal under the laws of Canada, the United States, or any other jurisdiction,
or (ii) are being tendered on behalf of a Person or entity who has not been identified to the Subscriber, and (b) the Subscriber
shall promptly notify the Corporation if the Subscriber discovers that any of such representations ceases to be true, and to provide
the Corporation with appropriate information in connection therewith.

 

		6.2	Acknowledgments and Covenants of the Subscriber

 

The Subscriber acknowledges,
covenants and agrees as follows:

 

		(a)	it (i) has received and reviewed a copy of the Term Sheet setting out the principal terms of the
Offering; and (ii) has had the opportunity to ask and have answered any and all questions which the Subscriber wished to have answered
with respect to the subscription for the Units made hereunder;

 

		(b)	the offer of the Units does not constitute a recommendation to purchase the Units or financial
product advice and the Subscriber acknowledges that the Corporation has not had regard to the Subscriber’s particular objectives,
financial situation or needs;

 

		(c)	there are risks associated with the purchase of the Units and no securities commission, agency,
governmental authority, regulatory body, stock exchange or similar regulatory authority has reviewed or passed on the merits of
the Convertible Debentures and Warrants comprising the Units nor have any such agencies or authorities made any recommendations
or endorsement with respect to the foregoing;

 

    	11

    	 

    

  

		(d)	the Corporation is not now a “reporting issuer” under the Securities Laws of any province
or territory of Canada, the Corporation and there is no guarantee that it will become a reporting issuer in the future. The Subscriber
further acknowledges that as a result of the Corporation not being a reporting issuer the Convertible Debentures and the Warrants
(and the Underlying Shares and Warrant Shares) will be subject to an indefinite “restricted period” under applicable
Securities Laws of four (4) months and a one (1) day from the later of the applicable Closing Date and the date the Corporation
becomes a reporting issuer under the Securities Laws of any province or territory of Canada, unless a prospectus is filed in accordance
with applicable Securities Laws qualifying their distribution. The Subscriber further acknowledges that during such indefinite
“restricted period”, the Subscriber may not trade the Convertible Debentures or the Warrants (and the Underlying Shares
and Warrant Shares) under applicable Securities Laws without filing a prospectus in accordance with such laws or being able to
rely on one of the limited exemptions under Canadian Securities Laws;

 

		(e)	the Convertible Debentures and the Warrants (and the Underlying Shares and Warrant Shares) will
be subject to statutory resale restrictions under the Securities Laws of Canada and under other applicable Securities Laws, and
the Subscriber covenants that it will not resell the Convertible Debentures, Warrants, Underlying Shares or Warrant Shares except
in compliance with such laws and the Subscriber acknowledges that it is solely responsible (and the Corporation is in no way responsible)
for such compliance;

 

		(f)	the Convertible Debentures and the Warrants (and the Underlying Shares and the Warrant Shares)
may only be transferred or assigned by the Subscriber in compliance with applicable laws, including applicable Securities Laws;

 

		(g)	the Debenture Certificates and Warrant Certificates shall have attached to them an ownership statement
setting out resale restrictions under applicable Securities Laws substantially in the following form (and with the necessary information
inserted):

 

“Unless
permitted under securities legislation, the holder of this security must not trade the security before the date which is four months
and a day after the later of (i) [applicable Closing Date will be inserted], and (ii) the date the issuer became a reporting issuer
in any province or territory.”;

 

		(h)	there is no market for the Convertible Debentures and Warrants comprising the Units (and the Underlying
Shares and the Warrant Shares) and there is no assurance that a market will ever develop;

 

		(i)	the Corporation is relying on an exemption from the requirement to provide the Subscriber with
a prospectus under the Securities Laws and, as a consequence of acquiring the Convertible Debentures and Warrants comprising the
Units pursuant to such exemption:

 

		(i)	certain protections, rights and remedies provided by the Securities Laws, including statutory rights
of rescission, or damages and certain statutory remedies against an issuer, underwriters, auditors, directors and officers that
are available to investors who acquire securities offered by a prospectus, will not be available to the Subscriber;

 

		(ii)	the common law may not provide investors with an adequate remedy in the event that they suffer
investment losses in connection with securities acquired in a private placement;

 

    	12

    	 

    

  

		(iii)	the Subscriber may not receive information that would otherwise be required to be given under the
Securities Laws; and

 

		(iv)	the Corporation is relieved from certain obligations that would otherwise apply under the Securities
Laws;

 

		(j)	the offer, issuance, sale and delivery of the Convertible Debentures and Warrants comprising the
Units is conditional upon such sale being exempt from the prospectus filing or registration requirements and the requirement to
deliver an offering memorandum in connection with the distribution of the Convertible Debentures and Warrants comprising the Units
under the Securities Laws of Canada or upon the issuance of such orders, consents or approvals as may be required to permit such
sale without the requirement of filing a prospectus;

 

		(k)	the Corporation may complete additional financings in the future in order to develop the business
of the Corporation and fund its ongoing development, and such future financings may (i) have a dilutive effect on current shareholders
or securityholders of the Corporation, including the Subscriber; or (ii) offer securities senior to the Convertible Debentures.
However there is no assurance that any future financings will be available, on reasonable terms or at all, and if not so available,
could have a material adverse effect on the Corporation’s business, financial condition, performance or prospects;

 

		(l)	the Subscriber is responsible for obtaining such legal and tax advice as it considers appropriate
in connection with the execution, delivery and performance of this Subscription Agreement and the transactions contemplated under
this Subscription Agreement;

 

		(m)	this offer to subscribe is made for valuable consideration and may not be withdrawn, cancelled,
terminated or revoked by the Subscriber without the consent of the Corporation;

 

		(n)	there is no government or other insurance covering the Convertible Debentures, Warrants, Underlying
Shares or Warrant Shares;

 

		(o)	legal counsel retained by the Corporation is acting as counsel to the Corporation and not as counsel
to the Subscriber;

 

		(p)	the Subscriber acknowledges that this Subscription Agreement requires the Subscriber to provide
certain personal information to the Corporation. Such information is being collected by the Corporation for the purposes of completing
the transaction contemplated herein, which includes, without limitation, determining the Subscriber’s eligibility to purchase
the Units under the Securities Laws and other applicable securities laws. The Subscriber’s personal information may be disclosed
by the Corporation to: (i) stock exchanges or securities regulatory authorities; (ii) the Canada Revenue Agency or other taxing
authorities; and (iii) employees, advisors, consultants and agents of the Corporation. By executing this Subscription Agreement,
the Subscriber is deemed to be consenting to the foregoing collection, use and disclosure of the Subscriber’s personal information.
The Subscriber also consents to the filing of copies or originals of any of the Subscriber’s documents described herein as
may be required to be filed with any stock exchange or securities regulatory authority in connection with the transactions contemplated
hereby;

 

    	13

    	 

    

 

		(q)	the information provided by the Subscriber on pages 1 and 2 of this Subscription Agreement identifying
among other things, the name, address, telephone number and email address of the Subscriber, the number of Units being purchased
hereunder, the Subscription Amount, the applicable Closing Date and the exemption that the Subscriber is relying on in purchasing
the Units will be disclosed to the Canadian securities regulatory authorities, and such information is being indirectly collected
by the Canadian securities regulatory authorities under the authority granted to it under Canadian securities legislation. This
information is being collected for the purposes of the administration and enforcement of Canadian securities legislation. The Subscriber
hereby authorizes the indirect collection of such information by the Canadian securities regulatory authorities. In the event the
Subscriber has any questions with respect to the indirect collection of such information, the Subscriber should contact the applicable
securities regulatory authority at the contact details provided in Schedule “C”.

 

		6.3	Reliance on Representations, Warranties, Covenants and Acknowledgements

 

The Subscriber acknowledges
and agrees that the representations, warranties, covenants and acknowledgements made by the Subscriber in this Subscription Agreement
are made with the intention that they may be relied upon by the Corporation and its legal counsel in determining the Subscriber’s
to purchase the Units. The Subscriber further agrees that by accepting the Units, the Subscriber shall be representing and warranting
that such representations, warranties, covenants and acknowledgements are true as at the Closing Time with the same force and effect
as if they had been made by the Subscriber at the Closing Time.

 

ARTICLE
7- SURVIVAL OF REPRESENTATIONS, WARRANTIES AND COVENANTS

 

		7.1	Survival of Representations, Warranties and Covenants of the Corporation

 

The representations,
warranties and covenants of the Corporation contained in this Subscription Agreement shall survive the Closing and continue in
full force and effect for the benefit of the Subscriber for a period of two years following Closing.

 

		7.2	Survival of Representations, Warranties and Covenants of the Subscriber

 

The representations,
warranties and covenants of the Subscriber contained in this Subscription Agreement shall survive the Closing and continue in full
force and effect for the benefit of the Corporation for a period of two years following the Closing.

 

ARTICLE 9 - MISCELLANEOUS

 

		9.1	Further Assurances

 

Each of the parties hereto
upon the request of each of the other parties hereto, whether before or after the Closing Time, shall do, execute, acknowledge
and deliver or cause to be done, executed, acknowledged and delivered all such further acts, deeds, documents, assignments, transfers,
conveyances, powers of attorney and assurances as may reasonably be necessary or desirable to complete the transactions contemplated
herein.

 

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		9.2	Notices

 

		(a)	Any notice, direction or other instrument required or permitted to be given to any party hereto
shall be in writing and shall be sufficiently given if delivered personally, or transmitted electronically tested prior to transmission
to such party, as follows:

 

		(i)	in the case of the Corporation, to:

 

	Ehave, Inc.	 
	203-277 Lakeshore Road East	 
	Oakville, ON L6J 6J3	 
	 	 
	Attention:	Prateek Dwivedi
	Email:	teek@ehave.com

 

		(ii)	in the case of the Subscriber, at the address specified on the face page hereof,.

 

		(b)	Any such notice, direction or other instrument, if delivered personally, shall be deemed to have
been given and received on the day on which it was delivered, provided that if such day is not a Business Day then the notice,
direction or other instrument shall be deemed to have been given and received on the first Business Day next following such day
and if transmitted electronically, shall be deemed to have been given and received on the day of its transmission, provided that
if such day is not a Business Day or if it is transmitted or received after the end of normal business hours then the notice, direction
or other instrument shall be deemed to have been given and received on the first Business Day next following the day of such transmission.

 

		(c)	Any party hereto may change its address for service from time to time by notice given to each of
the other parties hereto in accordance with the foregoing provisions.

 

		9.3	Time of the Essence

 

Time shall be of the
essence of this Subscription Agreement and every part hereof.

 

		9.4	Costs and Expenses

 

All costs and expenses
(including, without limitation, the fees and disbursements of legal counsel) incurred in connection with this Subscription Agreement
and the transactions herein contemplated shall be paid and borne by the party incurring such costs and expenses.

 

		9.5	Applicable Law

 

This Subscription Agreement
shall be construed and enforced in accordance with, and the rights of the parties shall be governed by, the laws of the Province
of Ontario and the laws of Canada applicable therein. Any and all disputes arising under this Subscription Agreement, whether as
to interpretation, performance or otherwise, shall be subject to the non-exclusive jurisdiction of the courts of the Province of
Ontario and each of the parties hereto hereby irrevocably attorns to the jurisdiction of the courts of such Province.

 

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		9.6	Entire Agreement

 

This Subscription Agreement,
including the Schedules hereto, constitutes the entire agreement between the parties with respect to the transactions contemplated
herein and cancels and supersedes any prior understandings, agreements, negotiations and discussions between the parties. There
are no representations, warranties, terms, conditions, undertakings or collateral agreements or understandings, express or implied,
between the parties hereto other than those expressly set forth in this Subscription Agreement or in any such agreement, certificate,
affidavit, statutory declaration or other document as aforesaid. This Subscription Agreement may not be amended or modified in
any respect except by written instrument executed by each of the parties hereto.

 

		9.7	Counterparts

 

This Subscription Agreement
may be executed in two or more counterparts, each of which shall be deemed to be an original and all of which together shall constitute
one and the same Subscription Agreement. Counterparts may be delivered either in original, PDF or faxed form and the parties adopt
any signatures received by PDF or a receiving fax machine as original signatures of the parties. If less than a complete copy of
this Subscription Agreement is delivered to the Corporation, the Corporation and its advisors are entitled to assume that the Subscriber
accepts and agrees to all the terms and conditions of the pages not delivered, unaltered.

 

		9.8	Assignment

 

This Subscription Agreement
may not be assigned by either party except with the prior written consent of the other party hereto.

 

		9.9	Enurement

 

This Subscription Agreement
shall enure to the benefit of and be binding upon the parties hereto and their respective heirs, executors, successors (including
any successor by reason of the amalgamation or merger of any party), administrators and permitted assigns.

 

		9.10	Language

 

It is the express
wish of the Subscriber that the Subscription Agreement and any related documentation be drawn up in English only. Il est de la
volonté expresse du souscripteur que la convention de souscription ainsi que tout document connexe soient rédigés
en langue anglaise uniquement.

 

REMAINDER OF PAGE INTENTIONALLY LEFT
BLANK

 

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The Corporation hereby accepts the subscription
for Units as set forth on the face page of this Subscription Agreement on the terms and conditions contained in this Subscription
Agreement (including all applicable Schedules) this ____ day of ____________, 2018.

 

	 	 	EHAVE, INC.
	 	 	 
	 	Per:	 
	 	 	 
	 	 	Authorized Signatory

 

    	 

    	 

    

 

SCHEDULE “A”

 

TERM SHEET

 

EHAVE, INC.

 

PRIVATE PLACEMENT OF UNITS

 

	Issuer:	Ehave, Inc. (“Ehave” or, the “Company”).
	 	 
	Offered Securities:	Subordinated unsecured convertible debenture units (the “Units”).
	 	 
	Amount:	Approximately $500,000 of Units (the “Offering”).
	 	 
	Offering Price:	C$1,000 per Unit.
	 	 
	Unit:	Each Unit shall consist of one 10.0% subordinated unsecured convertible debenture (each a “Convertible Debenture”) of the Company and warrants of the Company exercisable to purchase that number of common shares as is equal to C$1,200 divided by the Conversion Price (as defined herein)  (each a “Warrant”).
	 	 
	Conversion Privilege:	The principal amount of each Convertible Debenture shall be convertible, for no additional consideration, into common shares of the Company (each a “Common Share”) at the option of the holders at any time following the completion of a Qualified Financing (as defined herein) and prior to the close of business on the Maturity Date, at a conversion price equal to 0.75 multiplied by the Qualified Financing Price (as defined herein) (the “Conversion Price).
	 	 
	Maturity Date:	Two years from the date the Units are issued. 
	 	 
	Interest:	The Convertible Debentures shall bear interest at a rate of 10.0% per annum from the date of issue and shall be payable, at the election of the holder, in (i) cash, (ii) Common Shares at the Conversion Price, or (iii) any combination thereof upon conversion or maturity.
	 	 
	Optional Repayment:	The Company may elect to repay in cash the outstanding principal outstanding on the Convertible Debentures (including accrued and unpaid interest) at any time upon 30 days’ notice.
	 	 
	Warrants:	Following the completion of a Qualified Financing, each Warrant entitles the holder to acquire one Common Share for an exercise price equal to the Qualified Financing Price at any time up to 5 years following the Closing Date (subject to adjustment in certain customary events). 
	 	 
	Anti-Dilution Adjustments:	The Conversion Price will be subject to adjustment in certain events including, without limitation, the subdivision or consolidation of the outstanding Common Shares, the issue of Common Shares or securities convertible into Common Shares by way of stock dividend or distribution, the issue of rights, options or warrants to all or substantially all of the holders of Common Shares in certain circumstances, and the distribution to all or substantially all of the holders of Common Shares of any other class of shares, rights, options or warrants, evidences of indebtedness or assets.

 

    	A-1

    	 

    

 

	Events of Default:	The Convertible Debentures shall include customary events of default and shall also provide that it shall be an event of default if the Company (or any successor) has not become a “reporting issuer” in a province or territory of Canada within 6 months from the date on which the Convertible Debentures have been issued. If at any time during the term of the Convertible Debenture the Company issues securities at price deemed lower than the Conversion Price, the maturity date will be accelerated and occur on the 30th day following such issuance.
	 	 
	Qualified Financing:	The Company shall use commercially reasonable efforts to complete a subsequent financing for aggregate gross proceeds to the Company of at least C$2,000,000 (“Qualified Financing”) and be approved for trading on a Canadian recognized stock exchange (which, for greater certainty, includes the CSE or TSX Venture Exchange).  The issue price of the securities issued by the Company in the Qualified Financing shall be the “Qualified Financing Price”.
	 	 
	Closing Date:	January 31, 2018.
	 	 
	Use of Proceeds:	The Company shall have full and absolute discretion with respect to the use of proceeds.

 

    	A-2

    	 

    

 

SCHEDULE “B”

 

Accredited
Investor Status CERTIFICATE

 

The categories listed herein contain
certain specifically defined terms. If you are unsure as to the meanings of those terms, or are unsure as to the applicability
of any category below, please contact your broker and/or legal advisor before completing this certificate.

 

TO:EHAVE, INC. (the “Corporation”)

 

In connection with the purchase by the
undersigned Subscriber of the Units, the Subscriber (the “Subscriber”) hereby represents, warrants, covenants
and certifies to the Corporation (and acknowledges that the Corporation and its counsel are relying thereon) that:

 

		(a)	the Subscriber is resident in or otherwise subject to the securities laws of one of the Provinces
of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Québec, New Brunswick, Nova Scotia, Prince Edward Island
or Newfoundland and Labrador;

 

		(b)	the Subscriber is purchasing the Units as principal for its own account and not for the benefit
of any other person or is deemed to be purchasing as principal pursuant to NI 45-106;

 

		(c)	the Subscriber is an “accredited investor” within the meaning of NI 45-106 on the basis
that the Subscriber fits within one of the categories of an “accredited investor” reproduced below beside which the
Subscriber has indicated the undersigned belongs to such category;

 

		(d)	the Subscriber was not created or used solely to purchase or hold securities as an accredited investor
as described in paragraph (m) below;

 

		(e)	if the Subscriber is purchasing under category (j), (k) or (l) below, it has completed and signed
Exhibit “I” attached hereto; and

 

		(f)	upon execution of this Schedule “B” by the Subscriber, this Schedule “B”
shall be incorporated into and form a part of the Subscription Agreement to which this Schedule “B” is attached.

 

(PLEASE CHECK THE BOX OF THE APPLICABLE
CATEGORY OF ACCREDITED INVESTOR)

 

	 ̈	(a)	(i) except in Ontario, a Canadian financial institution, or a Schedule III bank; or
		 	(ii) in Ontario, a financial institution that is (A) a bank listed in Schedule I, II or III of the Bank Act (Canada); (B) an association to which the Cooperative Credit Associations Act (Canada) applies or a central cooperative credit society for which an order has been made under subsection 473(1) of that Act; or (C) a loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative or credit union league or federation that is authorized by a statute of Canada or Ontario to carry on business in Canada or Ontario, as the case may be;
	 	 	 
	 ̈	(b)	the Business Development Bank of Canada incorporated under the Business Development Bank of Canada Act (Canada);
	 	 	 
	 ̈	(c)	a subsidiary of any person or company referred to in paragraphs (a) or (b), if the person or company owns all of the voting securities of the subsidiary, except the voting securities required by law to be owned by directors of that subsidiary;
	 	 	 
	 ̈	(d)	a person or company registered under the securities legislation of a jurisdiction (province or territory) of Canada as an adviser or dealer (or in Ontario, except as otherwise prescribed by the regulations under the Securities Act (Ontario));

 

    	B-1

    	 

    

 

	 ̈	(e)	an individual registered under the securities legislation of a jurisdiction of Canada as a representative of a person referred to in paragraph (d);
	 	 	 
	 ̈	(e.1)	an individual formerly registered under the securities legislation of a jurisdiction of Canada, other than an individual formerly registered solely as a representative of a limited market dealer under one or both of the Securities Act (Ontario) or the Securities Act (Newfoundland and Labrador);
	 	 	 
	 ̈	(f)	the Government of Canada or a jurisdiction (province or territory) of Canada, or any crown corporation, agency or wholly owned entity of the Government of Canada or a jurisdiction of Canada;
	 	 	 
	 ̈	(g)	a municipality, public board or commission in Canada and a metropolitan community, school board, the Comité de gestion de la taxe scolaire de l’île de Montréal or an intermunicipal management board in Québec;
	 	 	 
	 ̈	(h)	any national, federal, state, provincial, territorial or municipal government of or in any foreign jurisdiction, or any agency of that government;
	 	 	 
	 ̈	(i)	a pension fund that is regulated by either the Office of the Superintendent of Financial Institutions (Canada), a pension commission or similar regulatory authority of a jurisdiction (province or territory) of Canada;
	 	 	 
	 ̈	(j)	an individual who, either alone or with a spouse, beneficially owns financial assets having an aggregate realizable value that, before taxes, but net of any related liabilities, exceeds $1,000,000 (completion of Exhibit “I” is also required);
	 	 	 
	 ̈	(j.1)	an individual who beneficially owns financial assets having an aggregate realizable value that, before taxes but net of any related liabilities, exceeds $5,000,000;
	 	 	 
	 ̈	(k)	an individual whose net income before taxes exceeded $200,000 in each of the two most recent calendar years or whose net income before taxes combined with that of a spouse exceeded $300,000 in each of the two most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year (completion of Exhibit “I” is also required);
	 	 	 
	 ̈	(l)	an individual who, either alone or with a spouse, has net assets of at least $5,000,000 (completion of Exhibit “I” is also required);
	 	 	 
	 ̈	(m)	a person, other than an individual or investment fund, that has net assets of at least $5,000,000 as shown on its most recently prepared financial statements;
	 	 	 
	 ̈	(n)	an investment fund that distributes or has distributed its securities only to (i) a person that is or was an accredited investor at the time of the distribution, (ii) a person that acquires or acquired securities in the circumstances referred to in sections 2.10 [Minimum amount investment] or 2.19 [Additional investment in investment funds] of NI 45-106, or (iii) a person described in sub-paragraph (i) or (ii) that acquires or acquired securities under section 2.18 [Investment fund reinvestment] of NI 45-106;
	 	 	 
	 ̈	(o)	an investment fund that distributes or has distributed securities under a prospectus in a jurisdiction of Canada for which the regulator or, in Québec, the securities regulatory authority, has issued a receipt;

 

    	B-2

    	 

    

 

	 ̈	(p)	a trust company or trust corporation registered or authorized to carry on business under the Trust and Loan Companies Act (Canada) or under comparable legislation in a jurisdiction of Canada or a foreign jurisdiction, acting on behalf of a fully managed account managed by the trust company or trust corporation, as the case may be;
	 ̈	(q)	a person acting on behalf of a fully managed account managed by that person, if that person is registered or authorized to carry on business as an adviser or the equivalent under the securities legislation of a jurisdiction of Canada or a foreign jurisdiction;
	 ̈	(r)	a registered charity under the Income Tax Act (Canada) that, in regard to the trade, has obtained advice from an eligibility adviser or an adviser registered under the securities legislation of the jurisdiction of the registered charity to give advice on the securities being traded;
	 ̈	(s)	an entity organized in a foreign jurisdiction that is analogous to any of the entities referred to in paragraphs (a) to (d) or paragraph (i) in form and function;
	 ̈	(t)	a person in respect of which all of the owners of interests, direct, indirect or beneficial, except the voting securities required by law to be owned by directors, are persons that are accredited investors;
	 ̈	(u)	an investment fund that is advised by a person registered as an adviser or a person that is exempt from registration as an adviser;
	 ̈	(v)	a person that is recognized or designated by the securities regulatory authority or, except in Ontario or Québec, the regulator as an accredited investor;
	 ̈	(w)	a trust established by an accredited investor for the benefit of the accredited investor’s family members of which a majority of the trustees are accredited investors and all of the beneficiaries are the accredited investor’s spouse, a former spouse of the accredited investor or a parent, grandparent, brother, sister, child or grandchild of that accredited investor, of that accredited investor’s spouse or of that accredited investor’s former spouse; or
	 ̈	(x)	in Ontario, such other persons or companies as may be prescribed by the regulations under the Securities Act (Ontario).
	 	 	***If checking this category (x), please provide a description of how this requirement is met.

 

For the purposes hereof, the
following definitions are included for convenience:

 

		(a)	“bank” means a bank named in Schedule I or II of the Bank Act (Canada);

 

		(b)	“Canadian financial institution” means (i) an association governed by the Cooperative
Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1)
of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union,
caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction
of Canada to carry on business in Canada or a jurisdiction of Canada;

 

		(c)	“company” means any corporation, incorporated association, incorporated syndicate
or other incorporated organization;

 

		(d)	“eligibility adviser” means:

 

		(i)	a person that is registered as an investment dealer and authorized to give advice with respect
to the type of security being distributed, and

 

		(ii)	in Saskatchewan or Manitoba, also means a lawyer who is a practicing member in good standing with
a law society of a jurisdiction of Canada or a public accountant who is a member in good standing of an institute or association
of chartered accountants, certified general accountants or certified management accountants in a jurisdiction of Canada provided
that the lawyer or public accountant must not

 

    	B-3

    	 

    

 

		(A)	have a professional, business or personal relationship with the issuer, or any of its directors,
executive officer, founders, or control persons, and

 

		(B)	have acted for or been retained personally or otherwise as an employee, executive officer, director,
associate or partner of a person that has acted for or been retained by the issuer or any of its directors, executive officers,
founders or control persons within the previous 12 months;

 

		(e)	“executive officer”
means, for an issuer, an individual who is: (i) a chair, vice-chair or president, (ii) a vice-president in charge of a principal
business unit, division or function including sales, finance or production, or (iii) performing a policy-making function in respect
of the issuer;

 

		(f)	“financial assets” means (i) cash, (ii) securities, or (iii) a contract of insurance,
a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation;

 

		(g)	“fully managed account” means an account of a client for which a person makes
the investment decisions if that person has full discretion to trade in securities for the account without requiring the client’s
express consent to a transaction;

 

		(h)	“investment fund” has the same meaning as in National Instrument 81-106 Investment
Fund Continuous Disclosure;

 

		(i)	“person” includes: (i) an individual, (ii) a corporation, (iii) a partnership,
trust, fund and an association, syndicate, organization or other organized group of persons whether incorporated or not, and (iv)
an individual or other person in that person’s capacity as a trustee, executor, administrator or personal or other legal
representative.

 

		(j)	“related liabilities” means (i) liabilities incurred or assumed for the purpose
of financing the acquisition or ownership of financial assets, or (ii) liabilities that are secured by financial assets;

 

		(k)	“Schedule III bank” means an authorized foreign bank named in Schedule III of
the Bank Act (Canada);

 

		(l)	“spouse” means, an individual who, (i) is married to another individual and
is not living separate and apart within the meaning of the Divorce Act (Canada), from the other individual, (ii) is living
with another individual in a marriage-like relationship, including a marriage-like relationship between individuals of the same
gender, or (iii) in Alberta, is an individual referred to in paragraph (i) or (ii), or is an adult interdependent partner within
the meaning of the Adult Interdependent Relationships Act (Alberta); and

 

		(m)	“subsidiary” means an issuer that is controlled directly or indirectly by another
issuer and includes a subsidiary of that subsidiary.

 

In NI 45-106 a person or company is an
affiliate of another person or company if one of them is a subsidiary of the other, or if each of them is controlled by the same
person.

 

In NI 45-106 and except in Part 2 Division
4 (Employee, Executive Officer, Director and Consultant Exemption) of NI 45-106, a person (first person) is considered to control
another person (second person) if (a) the first person, beneficially owns or directly or indirectly exercises control or direction
over securities of the second person carrying votes which, if exercised, would entitle the first person to elect a majority of
the directors of the second person, unless that first person holds the voting securities only to secure an obligation, (b) the
second person is a partnership, other than a limited partnership, and the first person holds more than 50% of the interests of
the partnership, or (c) the second person is a limited partnership and the general partner of the limited partnership is the first
person.

 

    	B-4

    	 

    

 

The foregoing representations contained
in this certificate are true and accurate as of the date of this certificate and will be true and accurate as of the Closing Time
(as defined in the Subscription Agreement to which this Schedule “B” is attached) and the Subscriber acknowledges that
this Accredited Investor Status Certificate is incorporated into and forms a part of the Subscription Agreement to which it is
attached. If any such representations shall not be true and accurate prior to the Closing Time, the undersigned shall give immediate
written notice of such fact to the Corporation prior to the Closing Time.

 

	Dated: 	____________________	 	Signed: 	________________________________
	 	 	 
	
        _________________________________

        Witness (If Subscriber is an Individual)
	 	
        __________________________________________

        Print the name of Subscriber

	 	 	 
	 	 	 
	
        _________________________________

        Print Name of Witness
	 	
        __________________________________________

        If Subscriber is a corporation,

        print name and title of Authorized Signing Officer

 

    	B-5

    	 

    

 

EXHIBIT “I” TO SCHEDULE “B”

 

FORM FOR INDIVIDUAL ACCREDITED INVESTORS

 

THIS “EXHIBIT I” TO SCHEDULE
“B” IS TO BE COMPLETED BY ACCREDITED INVESTORS WHO ARE INDIVIDUALS SUBSCRIBING UNDER CATEGORIES (J), (K) OR (L) IN
SCHEDULE “B” TO WHICH THIS EXHIBIT “I” IS ATTACHED.

 

	
        WARNING!

        This investment is risky. Don’t
        invest unless you can afford to lose all the money you pay for this investment.

 

	SECTION 1 TO BE COMPLETED BY THE ISSUER OR SELLING SECURITY HOLDER
	1. About your investment
	Type of securities: Units (comprised of one (1) convertible debenture and a variable number of common share purchase warrants) 	Issuer: Ehave, Inc.
	Purchased from: Issuer
	SECTIONS 2 TO 4 TO BE COMPLETED BY THE SUBSCRIBER
	2. Risk acknowledgement
	This investment is risky. Initial that you understand that:	Your 

Initials
	Risk of loss - You could lose your entire investment of $ _____________ . [Instruction: Insert the total dollar amount of the investment.]	 
	Liquidity risk - You may not be able to sell your investment quickly - or at all.	 
	Lack of information - You may receive little or no information about your investment.	 
	Lack of advice - You will not receive advice from the salesperson about whether this investment is suitable for you unless the salesperson is registered. The salesperson is the person who meets with, or provides information to, you about making this investment. To check whether the salesperson is registered, go to www.aretheyregistered.ca.	 
	3. Accredited investor status
	You must meet at least one of the following criteria to be able to make this investment. Initial the statement that applies to you. (You may initial more than one statement.) The person identified in section 6 is responsible for ensuring that you meet the definition of accredited investor. That person, or the salesperson identified in section 5, can help you if you have questions about whether you meet these criteria.	Your 

initials

	·	Your net income before taxes was more than $200,000 in each of the 2 most recent calendar years, and you expect it to be more than $200,000 in the current calendar year. (You can find your net income before taxes on your personal income tax return.)	 
	·	Your net income before taxes combined with your spouse’s was more than $300,000 in each of the 2 most recent calendar years, and you expect your combined net income before taxes to be more than $300,000 in the current calendar year.	 
	·	Either alone or with your spouse, you own more than $1 million in cash and securities, after subtracting any debt related to the cash and securities.	 
	·	Either alone or with your spouse, you have net assets worth more than $5 million. (Your net assets are your total assets (including real estate) minus your total debt.)	 

 

 

    	B-6

    	 

    

 

	4. Your name and signature
	By signing this form, you confirm that you have read this form and you understand the risks of making this investment as identified in this form.
	First and last name (please print):
	Signature:	Date:
	SECTION 5 TO BE COMPLETED BY THE SALESPERSON 
	5. Salesperson information
	[Instruction: The salesperson is the person who meets with, or provides information to, the Subscriber with respect to making this investment. That could include a representative of the issuer or selling security holder, a registrant or a person who is exempt from the registration requirement.]
	First and last name of salesperson (please print):
	Telephone:	Email:
	Name of firm (if registered):
	SECTION 6 TO BE COMPLETED BY THE ISSUER OR SELLING SECURITY HOLDER
	6. For more information about this investment
	
        For investment in a non-investment fund

        Ehave, Inc.

        203-277 Lakeshore Road East

        Oakville, ON L6J 6J3

         

        Attention:     Prateek Dwivedi

        Email:             teek@ehave.com

        For more information about
prospectus exemptions, contact your local securities regulator. You can find contact information at www.securities-administrators.ca. 

 

Form instructions:

 

		1.	This form does not mandate the use of a specific font size or style but the font must be legible.

 

		2.	The information in sections 1, 5 and 6 must be completed before the Subscriber completes and
signs the form.

 

		3.	The Subscriber must sign this form. Each of the Subscriber and the issuer or selling security
holder must receive a copy of this form signed by the Subscriber. The issuer or selling security holder is required to keep a copy
of this form for 8 years after the distribution.

 

    	B-7

    	 

    

 

SCHEDULE “C”

CONTACT INFORMATION FOR CANADIAN SECURITIES COMMISSIONS

 

	
        Alberta Securities Commission 

        Suite 600, 250 – 5th Street SW

        Calgary, Alberta T2P 0R4

        Telephone: (403) 297-6454

        Toll free in Canada: 1-877-355-0585

        Facsimile: (403) 297-2082

        Public official contact: FOIP Coordinator

         

        British Columbia Securities Commission

        P.O. Box 10142, Pacific Centre

        701 West Georgia Street

        Vancouver, British Columbia V7Y 1L2

        Inquiries: (604) 899-6854

        Toll free in Canada: 1-800-373-6393

        Facsimile: (604) 899-6581

        Email: FOI-privacy@bcsc.bc.ca

        Public official contact: FOI Inquiries

         

        The Manitoba Securities Commission

        500 – 400 St. Mary Avenue

        Winnipeg, Manitoba R3C 4K5

        Telephone: (204) 945-2561

        Toll free in Manitoba 1-800-655-5244

        Facsimile: (204) 945-0330

        Public official contact: Director

         

        Financial and Consumer Services Commission
        (New 

Brunswick)

        85 Charlotte Street, Suite 300

        Saint John, New Brunswick E2L 2J2

        Telephone: (506) 658-3060

        Toll free in Canada: 1-866-933-2222

        Facsimile: (506) 658-3059

        Email: info@fcnb.ca

        Public official contact: Chief Executive
        Officer and Privacy Officer

         

        Government of Newfoundland and Labrador

        Financial Services Regulation Division

        P.O. Box 8700, Confederation Building

        2nd Floor, West Block, Prince Philip Drive

        St. John’s, Newfoundland and Labrador
        A1B 4J6

        Attention: Director of Securities

        Telephone: (709) 729-4189

        Facsimile: (709) 729-6187

        Public official contact: Superintendent
        of Securities

         

        Government of the Northwest Territories

        Office of the Superintendent of Securities

        P.O. Box 1320

        Yellowknife, Northwest Territories X1A
        2L9

        Attention: Deputy Superintendent, Legal
        & Enforcement

        Telephone: (867) 767-9305

        Facsimile: (867) 873-0243

        Public official contact: Superintendent
        of Securities

         

        Nova Scotia Securities Commission

        Suite 400, 5251 Duke Street

        Duke Tower

        P.O. Box 458

        Halifax, Nova Scotia B3J 2P8

        Telephone: (902) 424-7768

        Facsimile: (902) 424-4625

        Public official contact: Executive Director
	
        Government of Nunavut

        Department of Justice

        Legal Registries Division

        P.O. Box 1000, Station 570

        1st Floor, Brown Building

        Iqaluit, Nunavut X0A 0H0

        Telephone: (867) 975-6590

        Facsimile: (867) 975-6594

        Public official contact: Superintendent
        of Securities

         

        Ontario Securities Commission

        20 Queen Street West, 22nd Floor

        Toronto, Ontario M5H 3S8

        Telephone: (416) 593-8314

        Toll free in Canada: 1-877-785-1555

        Facsimile: (416) 593-8122

        Email: exemptmarketfilings@osc.gov.on.ca

        Public official contact: Inquiries Officer

         

        Prince Edward Island Securities Office

        95 Rochford Street, 4th Floor Shaw Building

        P.O. Box 2000

        Charlottetown, Prince Edward Island C1A
        7N8

        Telephone: (902) 368-4569

        Facsimile: (902) 368-5283

        Public official contact: Superintendent of Securities

         

        Autorité des marchés financiers

        800, Square Victoria, 22e étage

        C.P. 246, Tour de la Bourse

        Montréal, Québec H4Z 1G3

        Telephone: (514) 395-0337 or 1-877-525-0337

        Facsimile: (514) 873-6155 (For filing purposes
        only)

        Facsimile: (514) 864-6381 (For privacy requests
        only)

        Email: financementdessocietes@lautorite.qc.ca
        (For corporate finance issuers); fonds_dinvestissement@lautorite.qc.ca (For investment fund issuers)

        Public official contact: Secrétaire générale

         

        Financial and Consumer Affairs Authority
        of

 Saskatchewan

        Suite 601 - 1919 Saskatchewan Drive

        Regina, Saskatchewan S4P 4H2

        Telephone: (306) 787-5842

        Facsimile: (306) 787-5899

        Public official contact: Director

         

        Government of Yukon

        Department of Community Services

        Office of the Superintendent of Securities

        307 Black Street

        Whitehorse, Yukon Y1A 2N1

        Telephone: 867-667-5466

        Facsimile: (867) 393-6251

        Email: securities@gov.yk.ca

        Public official contact: Superintendent
        of Securities

         

  

    	C-1

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