Document:

Exhibit 10.1

 

THIS
PROMISSORY NOTE (“NOTE”) HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). THIS
NOTE HAS BEEN ACQUIRED FOR INVESTMENT ONLY AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF REGISTRATION OF THE RESALE
THEREOF UNDER THE SECURITIES ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY IN FORM, SCOPE AND SUBSTANCE TO MAKER THAT SUCH REGISTRATION
IS NOT REQUIRED.  

 

PROMISSORY
NOTE

 

	 	 Dated as
    of April 21, 2022
	 	 
	Principal Amount: $167,954.68	New York, New York

 

 

Archimedes
Tech SPAC Partners Co., a Delaware corporation (“Maker”), promises to pay to the order of SPAC Partners LLC
or its registered assigns or successors in interest (“Payee”) the principal sum of One Hundred Sixty-Seven Nine
Hundred Fifty-Four Dollars and Sixty-Eight Cents ($167,954.68) in lawful money of the United States of America, on the terms and conditions
described below. All payments on this Note shall be made by check or wire transfer of immediately available funds, without
setoff or counterclaim, to such account as Payee may from time to time designate by written notice in accordance with the provisions
of this Note.

 

1.      Maturity. Subject
to Section 1(b), the principal balance of this Note shall be due and payable by Maker upon the closing of a Repayment Trigger Event,
as such term is defined below (the “Maturity Date”). The principal balance may be prepaid in whole or in part at any
time and from time to time prior to the Maturity Date without premium or penalty upon written notice by Maker to Payee.

 

(a)
A “Repayment Trigger Event” means the consummation of the Business Combination as defined in the Certificate of Incorporation
of Maker, as amended (the “COI”).

 

Maker
shall provide Payee at least 10 days’ prior notice of any Repayment Trigger Event and to the extent applicable a copy of the material
terms of the Business Combination. Under no circumstances shall any individual, including but not limited to, any officer, director,
employee or stockholder of Maker, be obligated personally for any obligations or liabilities of Maker hereunder.

 

(b)        
Form of Repayment. All amounts due under this Note shall be repaid in cash. In the event that a Business Combination has not been
consummated prior to the Termination Date (as defined in the COI), no payment shall be due hereunder and the principal balance of this
Note shall be forgiven.

 

2.      Interest. This
Note will be non-interest bearing and unsecured.

 

3.      Application
of Payments. All payments shall be applied first to payment in full of any costs incurred in the collection of any sum due under
this Note, including (without limitation) reasonable attorneys’ fees, and then to the reduction of the unpaid principal balance
of this Note.

 

4.    Use
of Proceeds. On the date of this Note, Payee shall remit the full principal amount to Maker in accordance with the wiring instructions
attached here to as Exhibit A. Maker hereby represents, warrants and covenants to Payee that the entire principal amount will
be used by Maker solely for purposes of paying certain franchise taxes owed by the Maker to the State of Delaware.

 

5.      Events
of Default. The following shall constitute an event of default (“Event of Default”):

 

    (a)     Failure
to Make Required Payments. Failure by Maker to pay any principal amount due pursuant to this Note within five (5) business days of
the Maturity Date.

 

(b)     Breach
of Use of Proceeds. Failure by Maker to comply with the provisions of Section 4 of this Note. 

 

    

     

    

 

(c)    Voluntary
Bankruptcy, Etc. The commencement by Maker of a voluntary case under any applicable bankruptcy, insolvency, reorganization, rehabilitation
or other similar law, or the consent by it to the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian,
sequestrator (or other similar official) of Maker or for any substantial part of its property, or the making by it of any assignment
for the benefit of creditors, or the failure of Maker generally to pay its debts as such debts become due, or the taking of corporate
action by Maker in furtherance of any of the foregoing.

 

 

(d)      Involuntary
Bankruptcy, Etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of Maker in
an involuntary case under any applicable bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator, assignee,
custodian, trustee, sequestrator (or similar official) of Maker or for any substantial part of its property, or ordering the winding-up
or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a period of 60 consecutive
days.

 

6.      Remedies.

 

(a)      Upon
the occurrence of an Event of Default specified in Section 5(a) or Section 5(b) hereof, Payee may, by written notice to Maker, declare
this Note to be due immediately and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable hereunder,
shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly
waived, anything contained herein or in the documents evidencing the same to the contrary notwithstanding.

 

(b)      Upon
the occurrence of an Event of Default specified in Sections 5(c) and 5(d), the unpaid principal balance of this Note, and all other sums
payable with regard to this Note, shall automatically and immediately become due and payable, in all cases without any action on the
part of Payee.

 

7.    Enforcement
Costs. In case any principal of on this Note is not paid when due, Maker shall be liable for all costs of enforcement and collection
of this Note incurred by Payee and any other Holders (as defined below), including but not limited to, reasonable attorneys’ fees
and expenses.  

 

8.      Waivers. Maker
and all endorsers and guarantors of, and sureties for, this Note waive presentment for payment, demand, notice of dishonor, protest,
and notice of protest with regard to the Note, all errors, defects and imperfections in any proceedings instituted by Payee under the
terms of this Note, and all benefits that might accrue to Maker by virtue of any present or future laws exempting any property, real
or personal, or any part of the proceeds arising from any sale of any such property, from attachment, levy or sale under execution, or
providing for any stay of execution, exemption from civil process, or extension of time for payment; and Maker agrees that any real estate
that may be levied upon pursuant to a judgment obtained by virtue hereof or any writ of execution issued hereon, may be sold upon any
such writ in whole or in part in any order desired by Payee.

 

9.      Unconditional
Liability. Maker hereby waives all notices in connection with the delivery, acceptance, performance, default, or enforcement
of the payment of this Note, and agrees that its liability shall be unconditional, without regard to the liability of any other party,
and shall not be affected in any manner by any indulgence, extension of time, renewal, waiver or modification granted or consented to
by Payee, and consents to any and all extensions of time, renewals, waivers, or modifications that may be granted by Payee with respect
to the payment or other provisions of this Note, and agrees that additional makers, endorsers, guarantors, or sureties may become parties
hereto without notice to Maker or affecting Maker’s liability hereunder. Any failure of Payee to exercise any right hereunder shall
not be construed as a waiver of the right to exercise the same or any other right at any time and from time to time thereafter. Payee
may accept late payments, or partial payments, even though marked “payment in full” or containing words of similar import
or other conditions, without waiving any of its rights.

 

    2

     

    

 

10.      Notices. All
notices, statements or other documents which are required or contemplated by this Note shall be made in writing and delivered: (i) personally
or sent by first class registered or certified mail, overnight courier service or facsimile or electronic transmission to the address
designated in writing, (ii) by facsimile to the number most recently provided to such party or such other address or fax number as may
be designated in writing by such party or (iii) by electronic mail, to the electronic mail address most recently provided to such party
or such other electronic mail address as may be designated in writing by such party. Any notice or other communication so
transmitted shall be deemed to have been given on the day of delivery, if delivered personally, on the business day following receipt
of written confirmation, if sent by facsimile or electronic transmission, one (1) business day after delivery to an overnight courier
service or five (5) days after mailing if sent by mail. As of the date of this Note, the following addresses are designated for notices:
(a) if to Maker, Archimedes Tech SPAC Partners Co., 2093 Philadelphia Pike #1968, Claymont, DE 19703, Attn: Long Long, email: long@spacpartners.com;
(b) if to Payee, SPAC Partners LLC, 2093 Philadelphia Pike #1968, Claymont, DE 19703, Attn: Stephen N. Cannon, email: steve@spacpartners.com.

 

11.      Construction;
Governing Law; Venue; Waiver of Jury Trial; Etc.  THIS NOTE SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF NEW YORK, WITHOUT REGARD TO CONFLICT OF LAW PROVISIONS THEREOF. MAKER HEREBY IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR
ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE SUPREME COURT OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND
OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR
PROCEEDING ARISING OUT OF OR RELATING TO THIS NOTE, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO
HEREBY IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED
IN SUCH NEW YORK STATE OR, TO THE EXTENT PERMITTED BY LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT
IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER
MANNER PROVIDED BY LAW. NOTHING IN THIS NOTE SHALL AFFECT ANY RIGHT THAT PAYEE OR ANY OTHER HOLDER MAY OTHERWISE HAVE TO BRING ANY ACTION
OR PROCEEDING RELATING TO THIS NOTE AGAINST MAKER OR ITS PROPERTIES IN THE COURTS OF ANY OTHER JURISDICTION. MAKER WAIVES PERSONAL SERVICE
OF ANY AND ALL PROCESS UPON IT AND CONSENTS THAT ALL SUCH SERVICE OF PROCESS BE MADE BY REGISTERED MAIL DIRECTED TO MAKER AT ITS ADDRESS
SET FORTH IN SECTION 10 OR TO ANY OTHER ADDRESS AS MAY APPEAR IN PAYEE’S OR SUCH OTHER HOLDER’S RECORDS AS THE ADDRESS OF
MAKER. IN ANY ACTION, SUIT OR PROCEEDING IN RESPECT OF OR ARISING OUT OF THIS NOTE, PAYEE AND MAKER WAIVE TRIAL BY JURY, AND EACH OF
MAKER AND PAYEE WAIVES (I) THE RIGHT TO INTERPOSE ANY SET-OFF OR COUNTERCLAIM OF ANY NATURE OR DESCRIPTION, (II) ANY OBJECTION BASED
ON FORUM NON CONVENIENS OR VENUE, AND (III) ANY CLAIM FOR CONSEQUENTIAL, PUNITIVE OR SPECIAL DAMAGES.

 

12.     Severability. Any
provision contained in this Note which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition
or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

 

13.     Trust
Waiver. Notwithstanding anything herein to the contrary, but subject to the following sentence of this Section 13, Payee
hereby waives any and all right, title, interest or claim of any kind (“Claim”) in or to any distribution of or from
the trust account (the “Trust Account”) established in which the proceeds of the initial public offering (the “IPO”)
conducted by Maker (including the deferred underwriters’ discounts and commissions) and the proceeds of the sale of the units issued
in a private placement that occurred prior to the closing of the IPO were deposited, as described in greater detail in Maker’s
Registration Statements on Form S-1 (File No. 333-254114 and 333-253108) filed with the Securities and Exchange Commission in connection
with the IPO (the “Registration Statement”), and hereby agrees not to seek recourse, reimbursement, payment or satisfaction
for any Claim against the Trust Account for any reason whatsoever. Notwithstanding the foregoing, Payee does not waive any Claims and
does not waive its rights to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for distributions
of remaining funds released to Maker from the Trust Account following redemptions or other distributions to Maker’s public stockholders.

 

14.     Amendment;
Waiver. Any amendment hereto or waiver of any provision hereof may be made with, and only with, the written consent of
Maker and Payee.

 

15.     Assignment. This
Note binds and is for the benefit of the successors and permitted assigns of Maker and Payee. No assignment or transfer of this Note
or any rights or obligations hereunder may be made by any party hereto (by operation of law or otherwise) without the prior written consent
of the other party hereto and any attempted assignment without the required consent shall be void; provided, that (i) upon the announcement
of a Business Combination or occurrence and during the continuation of an Event of Default, Payee shall have the right to assign this
Note in its discretion without the consent of Maker and (ii) Payee shall be permitted to collaterally assign its respective rights under
this Note to any lender or lenders providing financing to Payee.

 

[Signature
page follows]

 

    3

     

    

 

IN
WITNESS WHEREOF, Maker, intending to be legally bound hereby, has caused this Note to be duly executed by the undersigned as of the
day and year first above written. 

 

	 	Archimedes Tech SPAC Partners Co.
	 	
	 	 
	 	By:	/s/ Long Long
	 	 	Name: 	Long Long 
	 	 	Title:	Chief Financial Officer 

 

    

     

    

 

EXHIBIT
A

 

Payment
InstructionsEXHIBIT
10.1

 

 

 

ASSET
PURCHASE AGREEMENT

 

between

 

GLOBAL
TECH INDUSTRIES GROUP, INC,

 

and

 

PARABOLIC
TECH DMCC

 

DATED:
APRIL 19, 2022

 

 

 

    	 

     

    

 

TABLE
OF CONTENTS

 

	1.	Defined
    Terms	 
	 	 	 
	2.	Assets
    to be Purchased	 
	 	 	 
	3.	Liabilities	 
	 	 	 
	4.	Consideration	 
	 	 	 
	5.	Closing	 
	 	 	 
	6.	Representations
    and Warranties of Seller	 
	 	 	 
	7.	Representations
    and Warranties of Buyer	 
	 	 	 
	8.	Conditions
    to Obligations of Buyer	 
	 	 	 
	9.	Conditions
    to Obligations of Seller	 
	 	 	 
	10.	Covenants
    and Agreements of Seller and Buyer	 
	 	 	 
	11.	Liability
    and Indemnification	 
	 	 	 
	12.	Miscellaneous	 

 

	Schedule
    2.1	Purchased
    Assets	 
	 	 	 
	Schedule
    2.2	Excluded
    Assets	 
	 	 	 
	Schedule
    3.1	Assumed
    Liabilities	 
	 	 	 
	Schedule
    6	Exceptions
    to Sellers Representations and Warranties	 
	 	 	 
	Schedule
    7	Exceptions
    to Buyer’s Representations and Warranties	 
	 	 	 
	Exhibit
    A	Assignment
    and Assumption Agreement	 
	 	 	 
	Exhibit
    B	Bill
    of Sale	 
	 	 	 
	Exhibit
    C	Intellectual
    Property Assignment	 

 

    	 

     

    

 

ASSET
PURCHASE AGREEMENT

 

This
Asset Purchase Agreement (this “Agreement”) is made and entered into as of this 19th day of April, 2022 (the “Effective
Date”), by and among PARABOLIC TECH DMCC, a Dubai corporation (“Buyer”) and GLOBAL TECH INDUSTRIES
GROUP, INC., a Nevada corporation (“Seller”).

 

RECITALS

 

A.
Seller owns and operates “Beyond Blockchain,” a digital currency platform based in the United States, which uses blockchain
technology to allow its users to easily and securely access and trade their digital currencies through its web and app interface (collectively,
the “Beyond Blockchain Business”).

 

B.
Seller desires to sell and Buyer desires to purchase all the assets of Seller used in the Beyond Blockchain Business, subject to any
exclusions set forth in this Agreement, in accordance with the terms and conditions contained herein.

 

AGREEMENT

 

NOW,
THEREFORE, in consideration of the mutual promises, representations, warranties and covenants contained herein it is agreed as follows:

 

1.
Defined Terms.

 

1.1
In addition to the terms defined elsewhere in this Agreement, as used in this Agreement, the terms set forth below shall have the respective
meanings set forth below.

 

“Assignment
and Assumption Agreement” means the assignment and assumption agreement substantially in the form attached hereto as Exhibit
A.

 

“Bill
of Sale” means the bill of sale substantially in the form attached hereto as Exhibit B.

 

“Business
Day” means any day other than a Saturday, Sunday or a day on which federally chartered financial institutions are not open
for business in the City of New York, New York.

 

“Consent”
means any consent, approval, authorization, waiver, permit, easement, variance, grant, franchise, concession, agreement, license, exemption,
or order of, registration, certificate, declaration or filing with, or report or notice to, any Person, including, but not limited to,
any Governmental Authority.

 

“Contract”
means any oral, written, or implied contracts, agreements, licenses, instruments, indentures leases, powers of attorney, guaranties,
surety arrangements or other commitments of any kind.

 

“Closing
Date” means the date on which the Closing occurs, as provided in Section 5, or such other date as Seller and Buyer shall agree.

 

“Effective
Time” means 12:01 a.m. Eastern Time on the Closing Date.

 

    	 

     

    

 

“Intellectual
Property” means any and all United States and non-United States (i) patents (including utility patents, design patents, industrial
designs, petit patents, and utility models and original, reissued, reexamined or extensions which are or shall be issued), patent applications
(including but not limited to provisionals, non provisionals, continuations, continuations-in-part, divisionals, reexaminations, reissues,
substitutes), patent disclosures awaiting filing determination, inventions and improvements thereto; (ii) common law and registered trademarks,
service marks, domain names, trade names, trade dress, logos, business and product names, slogans, works-for-hire, and registrations
and applications for registration thereof including all associated goodwill; (iii) copyrights (including software) and registrations
thereof (including but not limited to those embodied in website layout/text, photographs, marketing materials, information compilations,
drawings, or labels); (iv) priority dates and/or the right to claim priority to any of the foregoing in items (i) to (iii); (v) inventions,
processes, designs, formulae, procedures, source codes, trade secrets, know-how, industrial models, confidential and technical information,
manufacturing, engineering and technical drawings, product specifications, confidential business information, and other proprietary knowledge,
including all flow charts, notes, and outlines relating thereto; (vi) intellectual property rights similar to any of the foregoing; (vii)
the right to sue for and receive damages for any past infringements, Lanham Act violations, dilutions, or other related violations by
third parties of items (i) to (iii); and (viii) copies and tangible embodiments of any of the foregoing relating thereto (in whatever
form or medium, including electronic media).

 

“Intellectual
Property Assignment” the intellectual property assignment agreement substantially in the form attached hereto as Exhibit
C.

 

“Governmental
Authority” means any nation or government, any state, municipality, or other political subdivision thereof and any entity,
body, agency, commission or court, whether domestic, foreign or multinational, exercising executive, legislative, judicial, regulatory
or administrative functions of or pertaining to government and any executive official thereof.

 

“Knowledge”
means (i) with respect to an individual, knowledge of a particular fact or other matter, if such individual is aware of such fact or
other matter, and (ii) with respect to a Person that is not an individual, knowledge of a particular fact or other matter if any individual
who is serving, or who has at any time served, as a director, officer, manager, member, partner, or trustee of such Person (or in any
similar capacity) has, or at any time had, knowledge of such fact or other matter.

 

“Liability”
or “Liabilities” means any liability (whether known or unknown, whether asserted or unasserted, whether absolute or
contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due), including any liability
for Taxes.

 

“Losses”
means any and all damages, fines, fees, penalties, deficiencies, liabilities, claims, losses, demands, judgments, settlements, actions,
demands, damages, Liens, encumbrances, obligations and costs and expenses (including interest,
court costs and the reasonable fees and costs of attorneys, accountants and other experts).

 

“Lien”
means any security or other property interest or right, claim, lien, pledge, option, charge, security interest, contingent or conditional
sale, or proxy, pre-emptive rights, first refusal rights, participation rights, or other title claim or retention agreement, interest
or other right or claim of third parties, whether perfected or not perfected, voluntarily incurred or arising by operation of law, and
including any agreement (other than this Agreement) to grant or submit to any of the foregoing in the future.

 

“Material
Adverse Effect” means any material adverse effect on the business, condition (financial or otherwise) or results of operation
of the applicable entity.

 

“Person”
means any individual, corporation, limited liability company, partnership, association, trust or other entity or organization, including
a governmental or political subdivision or any agency or institution thereof.

 

    	 

     

    

 

“Proceeding”
means an action, claim, demand, suit, proceeding, litigation, arbitration, grievance, citation, summons, subpoena, inquiry, or investigation
of any nature, civil, criminal, regulatory or otherwise, in law or in equity (including actions or proceedings seeking injunctive relief).

 

“Taxes”
means all taxes (whether United States federal, state, local or other non-United States) based upon or measured by income and any other
tax whatsoever, including, without limitation, gross receipts, profits, sales, levies, imposts, deductions, charges, rates, duties, use,
occupation, value added, ad valorem, transfer, franchise, withholding, payroll and social security, employment, excise, stamp duty or
property taxes, together with any interest, penalties, charges or fees imposed with respect thereto.

 

1.2 For
the purposes of this Agreement, except to the extent that the context otherwise requires:

 

		(i)	when
                                            a reference is made in this Agreement to an Article, Section, Schedule or Exhibit, such reference
                                            is to an Article or Section of, or a Schedule or Exhibit to, this Agreement unless otherwise
                                            indicated;
	 	 	 
		(ii)	the
                                            table of contents and headings for this Agreement are for reference purposes only and do
                                            not affect in any way the meaning or interpretation of this Agreement;
	 	 	 
		(iii)	whenever
                                            the words “include,” “includes” or “including” (or similar
                                            terms) are used in this Agreement, they are deemed to be followed by the words “without
                                            limitation”;
	 	 	 
		(iv)	the
                                            words “hereof,” “herein” and “hereunder” and words of
                                            similar import, when used in this Agreement, refer to this Agreement as a whole and not to
                                            any particular provision of this Agreement;
	 	 	 
		(v)	all
                                            terms defined in this Agreement have their defined meanings when used in any certificate
                                            or other document made or delivered pursuant hereto, unless otherwise defined therein;
	 	 	 
		(vi)	the
                                            definitions contained in this Agreement are applicable to the singular as well as the plural
                                            forms of such terms;
	 	 	 
		(vii)	if
                                            any action is to be taken by any party hereto pursuant to this Agreement on a day that is
                                            not a Business Day, such action shall be taken on the next Business Day following such day;
	 	 	 
		(viii)	references
                                            to a Person are also to its heirs, personal representatives, permitted successors and assigns
                                            to the extent applicable; and
	 	 	 
		(ix)	the
                                            use of “or” is not intended to be exclusive unless expressly indicated otherwise.

 

    	 

     

    

 

2.
Assets to be Purchased. 

 

2.1
Purchased Assets. Subject to the terms and the conditions set forth in this Agreement, on the Closing Date, Seller shall sell,
transfer and assign to Buyer, and Buyer agrees to purchase, receive and accept from Seller, free and clear of all Liens, all of Seller’s
right, title and interest in and to all of the assets of Seller solely related to its Beyond Blockchain Business set forth on Schedule
2.1 (collectively, the “Purchased Assets”).

 

2.2
Excluded Assets. All of Seller’s right, title and interest in and to all of the assets of Seller related to its Beyond Blockchain
Business set forth on Schedule 2.2 shall be excluded from the Purchased Assets.

 

3.
Liabilities.

 

3.1
Assumed Liabilities. Subject to the terms and conditions set forth herein, and as additional consideration for the sale of the
Purchased Assets by Seller to Buyer, at the Closing, Buyer shall assume, pay, perform, and discharge all of the Liabilities of Seller
set forth on Schedule 3.1 (collectively, the “Assumed Liabilities”).

 

3.2
Excluded Liabilities. Notwithstanding the provisions of Section 3.1 or any other provision hereof or any schedule or exhibit hereto,
and regardless of any disclosure to Buyer, Buyer shall not assume any Liabilities of Seller other than the Assumed Liabilities.

 

4. Consideration.
As consideration for its purchase of the Purchased Assets, Buyer shall (the “Purchase Price”):

 

		(i)	Cash
                                            Payment - make a cash payment to Seller of $25,000, via wire/ACH transfer, in accorndance
                                            with written wire/ACH instructions to be provided by Seller;
	 	 	 
		(ii)	Assumption
                                            of Liabilities - assume, pay, perform, and discharge the Assumed Liabilities as provided
                                            in Section 3, including any Assumed Liabilities specified on Schedule 3.1 to be paid by Buyer;
	 	 	 
		(iii)	First
                                            Third-Party Token Offering Payment – deliver to Seller (or its designees) 10% of
                                            all tokens received by Buyer in connection with the first post-closing third-party token
                                            offering on the Beyond Blockchain platform in accordance with the requirements of Section
                                            10.2.1; and
	 	 	 
		(iv)	First
                                            Proprietary Token Offering Payment – deliver to Seller (or its designees) 10% of
                                            all tokens issued by Buyer in connection with its own initial post-closing proprietary token
                                            offering in accordance with the requirements of Section 10.2.2.

 

5.
Closing. The consummation of the transactions contemplated by this Agreement (the “Closing”) shall, subject
to the conditions hereof, take place virtually using email or any mutually acceptable cloud-based electronic collaboration service, simultaneous
with the execution of this Agreement by the parties and satisfaction of the Closing deliveries pursuant to Sections 5.1 and 5.2.

 

5.1
Buyer’s Closing Deliveries. On the Closing Date, Buyer shall deliver the following to Seller: (i) the payment required pursuant
to Section 4 (i); (iii) the Bill of Sale executed by Buyer; (iv) the Assignment and Assumption Agreement executed by Buyer; (iv) the
Intellectual Property Assignment executed by Buyer; and (v) such other documents as Seller may reasonably request.

 

    	 

     

    

 

5.2
Seller’s Closing Deliveries. On the Closing Date, Seller shall deliver the following to Buyer: (i) the Bill of Sale executed
by Seller; (ii) the Assignment and Assumption Agreement executed by Seller; (iii) the Intellectual Property Assignment executed by Seller
and (iv) such other documents as Buyer may reasonably request.

 

6.
Representations and Warranties of Seller. Seller hereby represents and warrants to Buyer as follows (subject to any exclusions,
limitations or qualifications set forth in Schedule 6):

 

6.1
Organization and Qualification. Seller is duly organized, validly existing and in good standing under the laws of its jurisdiction
of organization, with the corporate power and authority to own and operate its Beyond Blockchain Business as presently conducted, except
where the failure to be or have any of the foregoing would not have a Material Adverse Effect. Seller is duly qualified as a foreign
corporation to do business and is in good standing in each jurisdiction where the character or the nature of its Beyond Blockchain Business
makes such qualification necessary, except for such failures to be so qualified or in good standing as would not have a Material Adverse
Effect.

 

6.2
Authorization. Seller has the requisite power and authority to execute, deliver and perform its obligations under this Agreement
and to consummate the transactions contemplated hereby.

 

6.3
Validity and Effect of Agreement. This Agreement has been duly and validly executed and delivered by Seller and, assuming that
it has been duly authorized, executed and delivered by the other parties hereto, constitutes a legal, valid and binding obligation of
Seller, in accordance with its terms except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws
of general application affecting enforcement of creditors’ rights generally.

 

6.4
No Conflict. Neither the execution and delivery of this Agreement by Seller, nor the performance by Seller of its obligations
hereunder, nor the consummation of the transactions contemplated hereby, will: (i) conflict with the articles of incorporation or bylaws
of Seller or (ii) in connection with the Beyond Blockchain Business, violate, breach, be in conflict with or constitute a default (or
an event which, with notice or lapse of time or both, would constitute a default) under, or permit the termination of any provision of,
or result in the termination of, the acceleration of the maturity of, or the acceleration of the performance of any obligation of Seller,
or result in the creation or imposition of any Lien upon the Purchased Assets under, any Contract or any order, judgment or decree to
which Seller is a party or by which it or any of its assets or properties is bound or encumbered, other than any such event(s) that would
not have a Material Adverse Effect on its obligation to perform its covenants under this Agreement.

 

6.5
Consents. The execution and delivery of this Agreement by Seller does not, and the performance of this Agreement by Seller will
not, require any Consent with respect to the Beyond Blockchain Business except where the failure to obtain such Consent, would not, individually
or in the aggregate, reasonably be expected to have a Material Adverse Effect on Seller, or would not prevent or materially delay consummation
of the transactions contemplated hereby or otherwise prevent the parties hereto from performing their respective obligations under this
Agreement.

 

    	 

     

    

 

6.6
No Restriction on Transfer. There are no current or past creditors of Seller to whom any law, rule or regulation requires the
delivery of notice or from whom any form of consent is required in conjunction with undertaking the transactions contemplated by this
Agreement.

 

6.7
Title to Assets; Liens; Sufficiency. Seller has good and marketable title to, or a valid leasehold interest or license in, as
the case may be, and the legal right to use, all of the Purchased Assets, free and clear of any Liens. The Purchased Assets constitute
all of the properties and assets required to operate the Beyond Blockchain Business as currently conducted and are sufficient for the
continued conduct of the Beyond Blockchain Business immediately after the Effective Time in substantially the manner conducted prior
to the Effective Time. All of the Purchased Assets are fully paid for and no Liabilities exist, and there is no existing condition, situation
or set of circumstances that could reasonably be expected to result in a Liability, including without limitation any liabilities for
Taxes that relate to the Purchased Assets.

 

6.8
Intellectual Property Disclaimer. NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS AGREEMENT, THE ASSIGNMENT OF THE
INTELLECTUAL PROPERTY HEREUNDER IS BEING MADE ON AN “AS IS” BASIS, WITHOUT ANY WARRANTY WHATSOEVER (OTHER THAN AS MAY BE
APPILCABLE TO THE INTELLECTUAL PROPERTY IN SECTION 6.7), AND SELLER HEREBY DISCLAIMS ALL WARRANTIES, EXPRESS, IMPLIED, STATUTORY OR ARISING
FROM CUSTOM OR TRADE, INCLUDING WITHOUT LIMITATION THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT.

 

6.9
Litigation. There is no Proceeding pending or threatened against Seller that, individually or in the aggregate, directly or indirectly,
would be reasonably likely to have a Material Adverse Effect on the Purchased Assets, nor is there any outstanding judgment, decree or
injunction, in each case against Seller, that, individually or in the aggregate, has or would be reasonably likely to have a Material
Adverse Effect on the Purchased Assets.

 

6.10
Taxes. Seller has filed (or has had timely filed on its behalf) with the appropriate tax authorities all tax returns required
to be filed by it or on behalf of it relating to the Purchase Assets, and each such tax return was complete and accurate in all material
respects, and Seller has timely paid (or has had paid on its behalf) all material Taxes due and owing by it under such returns.

 

6.11
Brokers and Finders. Neither Seller, nor any of its officers, directors, employees, or agents, has employed any broker, finder,
advisor or consultant, or incurred any liability for any investment banking fees, brokerage fees, commissions or finders’ fees,
advisory fees or consulting fees in connection with the transactions contemplated hereby for which Seller has or could have any liability.

 

7.
Representations and Warranties of Buyer. Buyer hereby represents and warrants to Seller as follows (subject to any exclusions,
limitations or qualifications set forth in Schedule 7):

 

7.1
Organization and Qualification. Buyer is duly organized, validly existing and in good standing under the laws of its jurisdiction
of organization, with the corporate power and authority to own and operate its business as presently conducted, except where the failure
to be or have any of the foregoing would not have a Material Adverse Effect. Buyer is duly qualified as a foreign limited liability company
to do business and is in good standing in each jurisdiction where the character of its properties owned or held under lease or license,
or the nature of their activities makes such qualification necessary, except for such failures to be so qualified or in good standing
as would not have a Material Adverse Effect.

 

    	 

     

    

 

7.2
Authorization. Buyer has the requisite corporate power and authority to execute, deliver and perform its obligations under this
Agreement and to consummate the transactions contemplated hereby.

 

7.3
Validity and Effect of Agreement. This Agreement has been duly and validly executed and delivered by Buyer and, assuming that
it has been duly authorized, executed and delivered by the other parties hereto, constitutes a legal, valid and binding obligation of
Buyer, in accordance with its terms except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws
of general application affecting enforcement of creditors’ rights generally.

 

7.4
No Conflict. Neither the execution and delivery of this Agreement by Buyer nor the performance by Buyer of its obligations hereunder,
nor the consummation of the transactions contemplated hereby, will: (i) conflict with the certificate of organization or operating agreement
of Buyer or (ii) violate, breach, be in conflict with or constitute a default (or an event which, with notice or lapse of time or both,
would constitute a default) under, or permit the termination of any provision of, or result in the termination of, the acceleration of
the maturity of, or the acceleration of the performance of any obligation of Buyer, or result in the creation or imposition of any Lien
upon any properties, assets or business of Buyer under, any Contract or any order, judgment or decree to which Buyer is a party or by
which it or any of its assets or properties is bound or encumbered, other than any such event(s) that would not have a Material Adverse
Effect on its obligation to perform its covenants under this Agreement.

 

7.5
Required Filings and Consents. The execution and delivery of this Agreement by Buyer does not, and the performance of this Agreement
by Buyer will not, require any Consent with respect to Buyer except where the failure to obtain such Consent would not (i) individually
or in the aggregate, reasonably be expected to have a Material Adverse Effect on Buyer and (ii) prevent or materially delay consummation
of the transactions contemplated hereby or otherwise prevent the parties hereto from performing their respective obligations under this
Agreement.

 

7.6
Litigation. There is no Proceeding pending or threatened against Buyer that, individually or in the aggregate, directly or indirectly,
would be reasonably likely to have a Material Adverse Effect on Buyer’s ability to perform its obligations under this Agreement,
nor is there any outstanding judgment, decree, or injunction, in each case against Buyer, that, individually or in the aggregate, has
or would be reasonably likely to have a Material Adverse Effect on Buyer’s ability to perform its obligations under this Agreement.

 

7.7
Brokers and Finders. Neither Buyer, nor any of its officers, managers, members, employees, or agents, has employed any broker,
finder, advisor or consultant, or incurred any liability for any investment banking fees, brokerage fees, commissions or finders’
fees, advisory fees or consulting fees in connection with the transactions contemplated hereby for which Buyer has or could have any
liability.

 

    	 

     

    

 

8. Conditions
to Obligations of Buyer. The obligations of Buyer hereunder shall be subject to the following:

 

8.1 All
representations and warranties of Seller contained in this Agreement shall be accurate when made and, in addition, shall be accurate
as of the Closing as though such representations and warranties were then made in exactly the same language by Seller and regardless
of Knowledge or lack thereof on the part of Seller or changes beyond its or his control; as of the Closing, Seller shall have performed
and complied with all covenants and agreements and satisfied all conditions required to be performed and complied with by Seller at or
before such time by this Agreement.

 

8.2 The
consummation of the transactions contemplated by this Agreement shall have been approved at or prior to the Closing by the managers of
Buyer and, if applicable, its members.

 

8.3 The
parties to this Agreement shall have obtained at or prior to the Closing all consents required for the consummation of the transactions
contemplated by this Agreement from any party to any contract, agreement, instrument, lease, license, arrangement, or understanding to
which any of them is a party, or to which any of them or any of their respective businesses, properties, or assets are subject.

 

8.4 No
event shall have occurred that has a Material Adverse Effect on the Purchased Assets.

 

8.5 Seller
shall have delivered all items pursuant to Section 5.2.

 

9. Condition
to Obligations of Seller. The obligations of Seller hereunder shall be subject to the following:

 

9.1 All
representations and warranties of Buyer contained in this Agreement shall be accurate when made and, in addition, shall be accurate as
of the Closing as though such representations and warranties were then made in exactly the same language by Buyer and regardless of Knowledge
or lack thereof on the part of Buyer or changes beyond its control; as of the Closing, Buyer shall have performed and complied with all
covenants and agreements and satisfied all conditions required to be performed and complied with by Buyer at or before such time by this
Agreement.

 

9.2 Buyer
shall have delivered all items pursuant to Section 5.1.

 

10. Covenants
and Agreements of Seller and Buyer. Seller and Buyer covenant and agree as follows:

 

10.1 Required
Consents.

 

10.1.1 With
respect to any consents required for the assignment of any of the Purchased Assets to Buyer (the “Required Consents”)
that are not obtained as of the Closing Date, Seller shall remain obligated to take all commercially reasonable steps following the Closing
as necessary to obtain the Required Consents. As each Required Consent is obtained and each required notice is given, Seller shall promptly
deliver a copy of such instrument to Buyer. Seller further agrees to respond promptly to all requests for information and documentation
made by any party that must consent to the transactions contemplated by this Agreement. If any such consent is not obtained, Seller shall
cooperate with Buyer in any commercially reasonable arrangement designed to keep such acquired contracts in effect and shall give Buyer
the benefit of such acquired contract including enforcement at the cost and for the account of Buyer of any rights of Seller against
the other party thereto.

 

    	 

     

    

 

10.1.2
Notwithstanding anything contained in this Agreement to the contrary, this Agreement shall not constitute an assignment or an attempted
assignment of any contract, lease, license, commitment, agreement or purchase or sale order or any claim or right or any benefit arising
thereunder or resulting therefrom if such assignment or attempted assignment thereof, without the consent from a third party thereto,
would constitute a material breach thereof or in any way materially adversely affect the rights of Buyer thereunder.

 

10.1.3
In lieu of the required assignment of any Contract hereunder, Seller may cause the counterparty(ies) to such Contract to enter into a
new Contract with Buyer for the services and obiligations thereunder, in form and substance substantially similar to the original Contract
and reasonably acceptable to Buyer and Seller.

 

10.2
Post Closing Delivery of Tokens by Buyer and Related Services.

 

10.2.1
Buyer shall deliver to Seller (or its designees), in accordance with written delivery instructions to be provided by Seller, 10% of all
tokens received by Buyer (or its affiliates) in connection with the first post-closing third-party token offering on the Beyond Blockchain
platform. Such tokens shall be delivered to Buyer within ten (10) Business Days after Buyer’s receipt of the tokens and Seller’s
written delivery instructions.

 

10.2.2.
Buyer shall deliver to Seller (or its designees), in accordance with written delivery instructions to be provided by Seller, 10% of all
tokens issued by Buyer (or its affiliates) in connection with its own initial post-closing proprietary token offering. Such tokens shall
be delivered to Buyer within ten (10) Business Days after Buyer’s issuance of the tokens and receipt of Seller’s written
delivery instructions.

 

10.2.3
Buyer shall (a) administer, manage and deliver a third party non-registered token, designated by Seller, to all sharesholders of Seller’s
common stock entitled to receive such tokens as determined by a qualified outside company to be retained by Seller; (b) coordinate such
efforts with Seller, its transfer agent and qualified company and (c) waive its normal $100,000 fee in connection with the foregoing
services.

 

10.3
Bulk Sales. Buyer hereby waives compliance by Seller with the provisions of any applicable bulk sales/transfer laws.

 

11.
Liability and Indemnification.

 

11.1
Survival of Representations and Warranties. The representations and warranties of Seller and Buyer contained in this Agreement
will survive the Closing for a period of eighteen (18) months commencing on the Closing Date. Except as otherwise expressly provided
in this Agreement, each covenant hereunder to be performed after the Closing shall survive until fully performed.

 

    	 

     

    

 

11.2
Investigation and Knowledge. No party’s rights hereunder (including rights under this Section 11) shall be affected by any
investigation conducted by or any knowledge acquired (or capable of being acquired) by such party at any time, whether before or after
the execution or delivery of this Agreement.

 

11.3
Indemnification of Buyer by Seller. Seller shall keep and save Buyer and its officers, directors,
managers, employees, agents and other representatives (the “Buyer Indemnified Parties”) forever harmless from and
shall indemnify and defend the Buyer Indemnified Parties against any and all Losses, to the extent arising or resulting from (i) any
breach of any representation or warranty of Seller under this Agreement or any documents delivered pursuant hereto, (ii) any breach or
default by Seller of any covenant or agreement of Seller under this Agreement or any documents delivered pursuant hereto, (iii) all Taxes
of the Beyond Blockchain Business incurred in or attributable to the period ending or deemed to end on or prior to the Closing Date (except
for Taxes to be paid by Buyer pursuant to Section 12.1), and (iv) any claim by a third party with respect to any act or omission of Seller
in the operations of the Beyond Blockchain Business, which claim has accrued, arisen, or come into existence at any time prior to the
Closing Date. No provision in this Agreement shall prevent Seller from pursuing any of its legal rights or remedies that may be granted
to Seller by law against any person or legal entity other than Buyer Indemnified Parties.

 

11.4
Indemnification of Seller by Buyer. Buyer shall keep and save Seller and Seller’s
officers, directors, managers, employees, agents and other representatives (the “Seller Indemnified Parties”) forever
harmless from and shall indemnify and defend the Seller Indemnified Parties against any and all Losses, to the extent arising or resulting
from (i) any breach of any representation or warranty of Buyer under this Agreement, (ii) any breach or default by Buyer under any covenant
or agreement of Buyer under this Agreement, and (iii) any claim by a third party with respect to any act or omission of the Buyer in
connection with the operation of the Beyond Blockchain Businesss, which claim has accrued, arisen or come into existence at any time
after the Closing Date. No provision in this Agreement shall prevent Buyer from pursuing any of its legal rights or remedies that may
be granted to Buyer by law against any person or legal entity other than Seller Indemnified Parties.

 

11.5
Limitation of Liability. Notwithstanding anything to the contrary contained in this Agreement, no party shall be liable under
this Section for any consequential, punitive, special, incidental or indirect damages, including lost profits.

 

12.
Miscellaneous.

 

12.1
State Taxes and Local Taxes. Buyer shall be responsible for payment of all state and local sales, use or other taxes which are
imposed as a result of the transactions provided for herein.

 

12.2
Further Assurances. Each party shall, at the request and expense of the requesting party but without further consideration, do,
execute, acknowledge, deliver, and file, or shall cause to be done, executed, acknowledged, delivered or filed, all such further acts,
deeds, transfers, conveyances, assignments or assurances as may be reasonably requested to consummate the transactions and otherwise
fulfill Seller’s and Buyer’s obligations as contemplated by this Agreement.

 

    	 

     

    

 

12.3
Notices. Any notice or other communication required or permitted hereunder shall be in writing and shall be delivered by personal
delivery, Federal Express or comparable overnight service, or certified mail (if such service is not available, then by first class mail),
postage prepaid, or by facsimile or electronic mail to the party to whom it is to be given to such address as may be designated from
time to time by the relevant party. Any notice sent by certified mail shall be deemed to have been received three Business Days after
the date on which it is mailed. All other notices shall be deemed given when received. The address and email of each party is set forth
below such party’s signature on the signature page hereto. Any party may give written notice, in accordance with this Section,
to the other parties designating another address or Person for receipt of notices hereunder.

 

12.4
Entire Agreement. This Agreement, together with the exhibits and schedules hereto, contains the entire agreement between the parties
to this Agreement with respect to the transactions described in this Agreement, and this Agreement supersedes all other agreements, representations,
warranties, statements, promises and understandings, whether oral or written, with respect to the subject matter hereof.

 

12.5
Expenses. Except as otherwise expressly provided in this Agreement, whether or not the transactions contemplated by this Agreement
are consummated, each party will pay its own costs and expenses incurred in connection with the negotiation, execution and closing of
this Agreement and the transactions contemplated by this Agreement.

 

12.6
Waiver. Any term or condition of this Agreement may be waived at any time by the party that is entitled to the benefit thereof,
but no such waiver shall be effective unless set forth in a written instrument duly executed by or on behalf of the party waiving such
term or condition. No waiver by any party of any term or condition of this Agreement, in any one or more instances, shall be deemed to
be or construed as a waiver of the same or any other term or condition of this Agreement on any future occasion. All remedies, either
under this Agreement or by law or otherwise afforded, will be cumulative and not alternative.

 

12.7.
Amendment. This Agreement may be amended, supplemented or modified only by a written instrument duly executed by or on behalf
of each party to this Agreement.

 

12.8
Governing Law. This Agreement shall be governed by and construed in accordance with the substantive and procedural laws of the
State of New York, applicable to agreements made and to be performed entirely within such state, without regard to conflict of laws principles
of said state.

 

12.9
Consent to Jurisdiction and Service of Process. EACH PARTY HEREBY IRREVOCABLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE UNITED
STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK OR ANY COURT OF THE STATE OF NEW YORK LOCATED IN THE COUNTY OF NEW YORK IN
RESPECT OF ANY ACTION, SUIT OR PROCEEDING ARISING IN CONNECTION WITH THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY, AND AGREES
THAT ANY SUCH ACTION, SUIT OR PROCEEDING SHALL BE BROUGHT ONLY IN SUCH COURT (AND WAIVES ANY OBJECTION BASED ON FORUM NON- CONVENIENS
OR ANY OTHER OBJECTION TO VENUE THEREIN). Any and all process may be served in any action, suit or proceeding arising in connection
with this Agreement by complying with the provisions of Section 14.3. Such service of process shall have the same effect as if the party
being served were a resident in the State of New York and had been lawfully served with such process in such jurisdiction.

 

12.10
Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the parties and their respective
successors and permitted assigns. Neither this Agreement, nor any right hereunder, may be assigned by any party without the written consent
of the other party hereto; provided, however, that Buyer may assign the right this Agreement to an any affiliate of Buyer. Any non-permitted
assignment or attempted assignment shall be void.

 

    	 

     

    

 

12.11
No Third-Party Beneficiaries. Nothing in this Agreement is intended or shall be construed to give any Person not a party hereto
any legal or equitable right, remedy or claim under or in respect of this Agreement or any provision contained herein.

 

12.12
Interpretation. The parties to this Agreement acknowledge that they have been advised of their right to seek the advice of independent
legal counsel regarding their legal rights and obligations under the terms of this Agreement, including the tax consequences of this
Agreement, and the parties have had the opportunity to seek the advice of independent legal counsel and/or independent tax counsel. As
a consequence, the laws or rules relating to the interpretation of contracts against the drafter of any particular clause shall not be
applied in this case and therefore each party waives their effects.

 

12.13
Counterparts. This Agreement may be executed by the parties hereto in separate counterparts, each of which when executed and delivered
shall be an original, but all such counterparts shall together constitute one and the same instrument. Each counterpart may consist of
a number of copies hereof each signed by less than all, but together signed by all of the parties hereto.

 

12.14
Severability. If any provision of this Agreement shall be held invalid or unenforceable under applicable law in any jurisdiction,
such invalidity or unenforceability shall not affect the validity or enforceability of such provision in any other jurisdiction or the
validity or enforceability of any other provision of this Agreement that can be given effect without such invalid or unenforceable provision.

 

{SIGNATURES
APPEAR ON FOLLOWING PAGE}

 

    	 

     

    

 

IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective Date.

 

	SELLER:	 	BUYER:
	GLOBAL TECHNOLOGIES GROUP,

                                                                     INC., a Nevada corporation
	 	PARABOLIC TECH DMCC, a Dubai

                                                                     corporation

	 	 	 	 	 
	By:	/s/
    David Reichman	 	By:	/s/
    MD Shoan Rahman
	Name:	David Reichman	 	Name:	MD Shoan Rahman
	Title:	Chief Executive Officer	 	Title:	Managing Director
	 	 	 	 	 
	Address:
    	 	 	Address:
    	 
	 	 	 	 	 
	511
    Sixth Avenue	 	Unit
    No: 1567
	New
    York, NY 10011	 	DMCC
    Bisiness Center Level No. 1
	 	 	 	Jewlery
    & Gemplex 3
	Email:
    	david@gtii-us.com	 	Dubai,
    United Arab Emirates
	 	 	 	 	 
	 	 	 	Email:
    	mateolevy@gmail.com

 

[Signature
page to Asset Purchase Agreement]

 

#
# #

 

    	 

     

    

 

SCHEDULES

 

    	 

     

    

 

SCHEDULE
2.1

 

PURCHASED
ASSETS

 

Intellectual
Property (IP)

 

		1.	Beyond
                                            Blockchain trade or service names and marks
	 	 	 
		2.	Beyond
                                            Blockchain URL (beyondblockchain.us)
	 	 	 
		3.	Copyrights
                                            of Seller, to the extent applicable, in and to the Beyond Blockchain Website
	 	 	 
		4.	Copyrights
                                            of Seller, to the extent applicable, in and to the Beyond Blockchain Mobile App (iOS &
                                            Android)
	 	 	 
		5.	Any
                                            other Intellectual Property owned by Seller solely related to, and used solely in connection
                                            with, the Beyond Blockchain Business

 

Non-IP
Assets

 

		1.	Beyond
                                            Blockchain Website (accessed at beyondblockchain.us)
	 	 	 
		2.	Beyond
                                            Blockchain Mobile App (iOS & Android)
	 	 	 
		3.	Beyond
                                            Blockchain Customer Lists (including Beyond Blockchain customer account data)

 

    	 

     

    

 

SCHEDULE
2.2

 

EXCLUDED
ASSETS

 

All
of Seller’s right, title and interest of every kind and nature in and to all of the following assets and properties owned, leased
or licensed by Seller as of the Effective Time shall be excluded from the Purchased Assets:

 

Any
and all assests, operations, work-product, intellectual property and other assets related to the non-Beyond Blockchain operations of
the Seller.

 

    	 

     

    

 

SCHEDULE
3.1

 

ASSUMED
LIABILITIES

 

Buyer
shall assume, and shall from the Closing Date thereafter pay, perform, and discharge as provided the following Liabilities of Seller:

 

		1.	Digital
                                            Asset Platform Master Service Agreement between Seller and Alt 5 Alt 5 Sigma, Inc. (“Alt
                                            5”), a Delaware corporation, dated May 1, 2021, and all Statements of Work, Purchase
                                            Orders or other work or service orders issued pursuant to such agreement or any separate
                                            agreement between Alt 5 (or its affiliates) and Seller (the “Alt 5 Agreeement”).
	 	 	 
		2.	$35,000
                                            in accounts payable to Alt 5 pursuant to the Alt 5 Agreement, which shall be paid by Buyer
                                            in accordance with terms to be agreed upon between Buyer and ALT 5.

 

    	 

     

    

 

SCHEDULE
6

 

EXCEPTIONS
TO SELLER’S REPRESENTATION’S AND WARRANTIES

 

Section
6.7 - The Alt 5 payables, as described in Schedule 3.1

 

    	 

     

    

 

SCHEDULE
7

 

EXCEPTIONS
TO BUYER’S REPRESENTATION’S AND WARRANTIES

 

NONE

 

    	 

     

    

 

EXHIBIT
A

 

ASSIGNMENT
AND ASSUMPTION AGREEMENT

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