Document:

STOCK
REDEMPTION AGREEMENT

 

This
Stock Redemption Agreement (“Agreement”) is effective as of October 1, 2015 (the “Effective Date”)
between Quest Solution, Inc., a Delaware corporation (the “Company”), and Jason Griffith, an individual (“Stockholder”).

 

Background

 

Stockholder
is the record holder of 500,000 shares of the Company’s Series A Preferred stock as well as certain stock options for the
amount of 3,400,000 common stock shares at $0.50 per share with exercise terms and vesting periods through November 20, 2024.

 

The
Company now desires to redeem from Stockholder and Stockholder desires to sell to the Company 100% of the Shares referenced above
(the “Redeemed Shares”).

 

Therefore,
the parties hereby agree as follows:

 

1.
Redemption. For an aggregate amount equal to $3,120,000.00 (the “Redemption Price”), the Stockholder
hereby assigns to the Company the Redeemed Shares and all of the Stockholder’s right, title and interest in the Redeemed
Shares. The Company shall pay the Redemption Price per terms of promissory note to be entered into as well.

 

2.
Delivery of Certificates. Stockholder shall surrender to the Company the certificates representing the Redeemed Shares
that are held by Stockholder or are in the custody of the Company on Stockholder’s behalf, if any, and any other evidence
of ownership. Stockholder shall deliver such certificates properly endorsed for transfer or accompanied by a stock power duly
executed by Stockholder for transfer to the Company.

 

3.
Representations and Warranties of Stockholder. Stockholder hereby represents and warrants that as of the Effective
Date: (i) Stockholder is the sole owner of the Redeemed Shares; (ii) all of the Redeemed Shares are free and clear of liens, claims,
restrictions, adverse rights or encumbrances of any kind; (iii) Stockholder has the right and authority to transfer the Redeemed
Shares to the Company; (iv) Stockholder has full power and authority to execute, deliver and perform the obligations under this
agreement and, when executed and delivered, this agreement shall constitute the valid and binding legal obligation of Stockholder
enforceable in accordance with the terms hereof; and (v) the execution and delivery of this agreement, and the performance of
Stockholder’s obligations hereunder, will not constitute a breach, violation of, default or cause acceleration of performance
under any contract, lease, bond, mortgage, indenture or other agreement to which he is a party or by which Stockholder or Stockholder’s
assets are bound.

 

4.
Acknowledgement. Stockholder and the Company each acknowledge that they have had the opportunity to obtain independent
legal advice regarding the terms and conditions of this agreement. Stockholder and the Company each acknowledge that they believe
that the Redemption Price is fair and reasonable taking into account the percentage of ownership represented by the Redeemed Shares,
the current financial condition of the Company, the current prospects for the Company and its business operations, and the absence
of any known or anticipated material events that might affect the valuation of the Redeemed Shares. The parties expressly agree
that there shall be no presumption created as a result of any party having prepared in whole or in part any provision of this
agreement.

 

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5.
Release. Stockholder hereby releases and forever discharge the Company, the shareholders of the Company and their respective
affiliates, officers, directors, managers, agents, shareholders and partners (collectively, the “Released Parties”)
from any and all actions and causes of action (whether at law or in equity), losses, damages, costs, expenses, liabilities, obligations
and claims or demands of any kind, that Stockholder may have by virtue of owning the Redeemed Shares, whether known or unknown,
foreseen or unforeseen (collectively, the “Stockholder Claims”). Stockholder understands that by executing
this agreement, Stockholder is forever giving up all of his rights and is granting a final and complete release with respect to
the Stockholder Claims as of the date hereof.

 

6.
Cooperation; Deliveries. The parties shall fully cooperate with each other in connection with any steps required to
be taken as part of their obligations under this agreement, and to effect the redemption by the Company of the Redeemed Shares,
including the execution and delivery of such documents and the taking of such action as is reasonably requested by one party or
the other.

 

7.
Governing Law. The laws of the State of Delaware (without giving effect to its conflict of laws principles) govern
all matters arising out of or relating to this Agreement and the transactions it contemplates, including, without limitation,
its interpretation, construction, performance, and enforcement.

 

8.
Assignment. The rights of Stockholder under this agreement are personal to Stockholder and are not assignable without
the written consent of the Company. Any purported assignment of rights in violation of this paragraph is void.

 

9.
Counterparts. The parties may execute this agreement in counterparts, each of which constitutes an original, and all
of which, collectively, constitute only one agreement. The signatures of all of the parties need not appear on the same counterpart,
and delivery of an executed counterpart signature page by facsimile is as effective as executing and delivering this agreement
in the presence of the other parties to this agreement. This agreement is effective upon delivery of one executed counterpart
from each party to the other parties. In proving this agreement, a party must produce or account only for the executed counterpart
of the party to be charged.

 

10.
Severability. If any provision of this agreement is determined to be invalid, illegal or unenforceable, the remaining
provisions of this agreement will remain in full force, if the essential terms and conditions of this agreement for each party
remain valid, binding, and enforceable.

 

[Signature
Page Follows]

 

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The
parties hereto have caused this stock redemption agreement to be executed as of the date stated above.

 

	 	QUEST
    SOLUTION, INC.
	 	 	 
	 	By:
    	/s/
    Tom Miller
	 	 	 
	 	Name:
    	Tom Miller
	 	 	 
	 	Title:
    	Chief Executive
    Officer
	 	 	 
	 	STOCKHOLDER
	 	 	 
	 	Jason
    Griffith
	 	 	 
	 	By:
    	/s/
    Jason Griffith
	 	 	 
	 	Name:	Jason
    Griffith

 

    	3SECURITY
AGREEMENT

 

This
SECURITY AGREEMENT, dated as of October 1, 2015 (as amended, supplemented, or otherwise modified from time to time in accordance
with the provisions hereof, this “Agreement”), is made by QUEST SOLUTION, INC., a Delaware corporation (the
“Debtor”), in favor of JASON GRIFFITH, an individual (“Jason Griffith”), as Collateral Agent
(as defined below) for the benefit of himself; Jason Griffith and his successors, transferees and assigns are sometimes referred
to herein individually as an “Secured Party” and collectively as the “Secured Parties”).

 

WHEREAS,
Debtor has executed the following promissory note in favor of the Secured Parties (as the same may be amended, supplemented, restated,
amended and restated, or otherwise modified from time to time, collectively, the “Promissory
Notes”): (i) Senior Subordinated Convertible Promissory Note, dated October 1, 2015, in the original principal
amount of $3,120,000, payable to Jason Griffith (as the same may be amended, supplemented, restated, amended and restated, or
otherwise modified from time to time, the “Griffith Note”). Capitalized terms used but not otherwise defined
in this Agreement shall have the meanings assigned to such terms in the Griffith Note; and

 

WHEREAS,
in order to induce the Secured Parties to accept the Promissory Notes, Debtor has agreed to (i) appoint Jason Griffith as the
Collateral Agent, for the benefit of himself, and (ii) enter into this Agreement in favor of the Collateral Agent, for the benefit
of himself (in his capacity as the Collateral Agent), to secure the payment and performance of all of the Secured Obligations
(as hereinafter defined).

 

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

 

1.
Definitions.

 

1.1
Unless otherwise specified herein, all references to Sections and Schedules herein are to Sections and Schedules of this Agreement.

 

1.2
Unless otherwise defined herein, terms used herein that are defined in the UCC shall have the meanings assigned to them in the
UCC. However, if a term is defined in Division 9 of the UCC differently than in another Division or Article of the UCC, the term
has the meaning specified in Division 9.

 

1.3
For purposes of this Agreement, the following terms shall have the following meanings:

 

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

 

“Collateral
Agent” has the meaning set forth in Section 11.

 

“Copyrights”
means all domestic and foreign copyrights, whether registered or not, including all copyright rights throughout the universe (whether
now or hereafter arising) in any and all media (whether now or hereafter developed), in and to all original works of authorship
fixed in any tangible medium of expression, acquired or used by the Debtor, all applications, registrations and recordings thereof
(including applications, registrations and recordings in the United States Copyright Office or in any similar office or agency
of the United States or any other country or any political subdivision thereof), and all reissues, divisions, continuations, continuations
in part and extensions or renewals thereof.

 

	 	 

 

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“Event
of Default” means any Event of Default set forth in Section 3 of
the Griffith Note.

 

“Lien”
means any mortgage, deed of trust, pledge, hypothecation, assignment, charge, deposit arrangement, encumbrance, easement,
lien (statutory or other), security interest, or other security arrangement and any other preference, priority, or preferential
arrangement of any kind or nature whatsoever, including any conditional sale contract or other title retention agreement, the
interest of a lessor under a capital lease and any synthetic or other financing lease having substantially the same economic effect
as any of the foregoing.

 

“Majority
in Interest of the Secured Parties” means the Secured Parties holding more than 60% of the aggregate outstanding
principal amount of the Notes; provided that any action, waiver or amendment requiring the approval or consent of a Majority in
Interest of the Secured Parties may not be taken if such action adversely affects a Secured Party in a manner materially different
from any of the other Secured Parties, unless the Secured Party so adversely affected separately consents or approves of such
action.

 

“Patents”
means all domestic and foreign letters patent, design patents, utility patents, industrial designs, inventions, trade secrets,
ideas, concepts, methods, techniques, processes, proprietary information, technology, know-how, formulae, rights of publicity
and other general intangibles of like nature, now existing or hereafter acquired, all applications, registrations and recordings
thereof (including applications, registrations and recordings in the United States Patent and Trademark Office, or in any similar
office or agency of the United States or any other country or any political subdivision thereof), and all reissues, divisions,
continuations, continuations in part and extensions or renewals thereof.

 

“Permitted
Liens” means (i) Liens granted to, or for the benefit
of, the Collateral Agent or the Secured Parties to secure the Secured
Obligations; (ii) Liens for unpaid taxes, assessments, or other governmental charges or levies that either (x) are not yet delinquent,
or (y) do not have priority over Collateral Agent’s Liens; (iii) judgment Liens arising solely as a result of the existence
of judgments, orders, or awards that do not have priority over Collateral Agent’s Liens; (iv) the interests of lessors under
operating leases and non-exclusive licensors under license agreements; (v) purchase money Liens or the interests of lessors under
capital leases so long as (A) such Lien attaches only to the asset purchased or acquired and the proceeds thereof, and (B) such
Lien only secures the indebtedness that was incurred to acquire the asset purchased or acquired; (vi) Liens arising by operation
of law in favor of warehousemen, landlords, carriers, mechanics, materialmen, laborers, or suppliers, incurred in the ordinary
course of business and not in connection with the borrowing of money; (vii) Liens on amounts deposited to secure Debtor’s
obligations in connection with worker’s compensation or other unemployment insurance; (viii) Liens on amounts deposited
to secure Debtor’s reimbursement obligations with respect to surety or appeal bonds obtained in the ordinary course of business;
(ix) with respect to any real property, easements, rights of way, and zoning restrictions that do not materially interfere with
or impair the use or operation thereof; (x) non-exclusive licenses of patents, trademarks, copyrights, and other intellectual
property rights in the ordinary course of business; (xi) rights of setoff or bankers’ liens upon deposits of cash in favor
of banks or other depository institutions, solely to the extent incurred in connection with the maintenance of such deposit accounts
in the ordinary course of business; (xii) Liens granted in the ordinary course of business on the unearned portion of insurance
premiums securing the financing of insurance premiums; (xii) Liens in favor of customs and revenue authorities arising as a matter
of law to secure payment of customs duties in connection with the importation of goods; and (xiii) any other Liens approved by
all of the Secured Parties in their sole discretion.

 

“Person”
means any individual, corporation, partnership, joint venture, limited liability company, association, joint stock company, trust,
unincorporated organization or government or any agency or political subdivision of a governmental entity.

 

	 	

 

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“Proceeds”
means “proceeds” as such term is defined in section 9102 of the UCC and, in any event, shall include, without limitation,
all dividends or other income from the Collateral, collections thereon or distributions with respect thereto.

 

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

 

“Trademarks”
means all domestic and foreign trademarks, service marks, collective
marks, certification marks, trade names, business names, d/b/a’s, Internet domain names, trade styles, designs, logos and
other source or business identifiers and all general intangibles of like nature, now or hereafter owned, adopted, acquired or
used by the Debtor, all applications, registrations and recordings thereof (including applications, registrations and recordings
in the United States Patent and Trademark Office or in any similar office or agency of the United States, any state thereof or
any other country or any political subdivision thereof), and all reissues, extensions or renewals thereof, together with all goodwill
of the business symbolized by such marks and all customer lists, formulae and other records of the Debtor relating to the distribution
of products and services in connection with which any of such marks are used.

 

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

 

2.
Grant of Security Interest. The Debtor hereby grants to the Collateral Agent, for the benefit of himself (in his capacity
as Collateral Agent) and the other Secured Parties, and hereby creates, a continuing lien and security interest in favor of the
Collateral Agent, for the benefit of himself (in his capacity as Collateral Agent) and the other Secured Parties, in and to all
of its right, title and interest in and to the following, wherever located, whether now existing or hereafter from time to time
arising or acquired (collectively, the “Collateral”):

 

2.1
all 3,400,000 stock options issued to Jason Griffith at $0.50 per share exercise price with an expiration period of November 21,
2024.

 

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

 

3.1
the obligations of Debtor now owing or from time to time arising under the Promissory Notes; and

 

3.2
the obligations of Debtor now owing or from time to time arising under this Agreement, including the due and punctual payment
and performance of all covenants, agreements, duties, debts, obligations, indemnifications, and liabilities of the Debtor under
or pursuant to this Agreement.

 

All
of the foregoing obligations, liabilities, sums, expenses, amounts, and other obligations set forth in this
Section 3 being herein collectively called the “Secured Obligations”.

 

4.
Perfection of Security Interest and Further Assurances.

 

4.1
The Debtor shall, from time to time, as may be required by the Collateral Agent with respect to all Collateral, immediately take
all actions as may be requested by the Collateral Agent to perfect the security interest of the Collateral Agent in the Collateral,
including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of sections
8106, 9104, 9105, 9106 and 9107 of the UCC. All of the foregoing shall be at the sole cost and expense of the Debtor.

 

	 	

 

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4.2
The Debtor hereby irrevocably authorizes the Collateral Agent at any time and from time to time to file in any relevant jurisdiction
any financing statements and amendments thereto that contain the information required by Division 9 or Article 9 of the UCC of
each applicable jurisdiction for the filing of any financing statement or amendment relating to the Collateral, including any
financing or continuation statements or other documents for the purpose of perfecting, confirming, continuing, enforcing or protecting
the security interest granted by the Debtor hereunder, without the signature of the Debtor where permitted by law, including the
filing of a financing statement describing the Collateral as all assets now owned or hereafter acquired by the Debtor, or words
of similar effect. The Debtor agrees to provide all information required by the Collateral Agent pursuant to this Section promptly
to the Collateral Agent upon request.

 

4.3
The Debtor hereby further authorizes the Collateral Agent to file with the United States Patent and Trademark Office and the United
States Copyright Office (and any successor office and any similar office in any state of the United States or in any other country)
such documents for the purpose of perfecting, confirming, continuing, enforcing or protecting the security interest granted by
the Debtor hereunder, without the signature of the Debtor where permitted by law.

 

4.4
If the Debtor shall at any time hold or acquire any certificated securities, promissory notes, tangible chattel paper, negotiable
documents or warehouse receipts relating to the Collateral, that individually or in the aggregate has a value equal to or greater
than $100,000, the Debtor shall, upon the request of Collateral Agent, collaterally assign and promptly deliver the same to the
Collateral Agent, accompanied by such instruments of collateral assignment duly executed in blank as the Collateral Agent may
from time to time specify.

 

4.5
If the Debtor shall at any time hold or acquire a commercial tort claim having a value, or involving an asserted claim, in the
amount of $100,000 or more either individually or in the aggregate for all commercial tort claims, the Debtor shall immediately
notify the Collateral Agent in a writing signed by the Debtor of the particulars thereof and grant to the Collateral Agent, for
the benefit of himself (in his capacity as Collateral Agent) and the Secured Parties, in such writing a security interest therein
and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance satisfactory
to the Collateral Agent.

 

4.6
If any Collateral is at any time in the possession of a bailee, that individually or in the aggregate has a value equal to or
greater than $100,000, the Debtor shall promptly notify the Collateral Agent thereof and, at the Collateral Agent’s request
and option, shall promptly obtain an acknowledgment from the bailee, in form and substance satisfactory to the Collateral Agent,
that the bailee holds such Collateral for the benefit of the Collateral Agent and the bailee agrees to comply, without further
consent of the Debtor, at any time with instructions of the Collateral Agent as to such Collateral.

 

4.7
The Debtor agrees that at any time and from time to time, at the expense of the Debtor, the Debtor will promptly execute and deliver
all further instruments and documents, obtain such agreements from third parties, and take all further action, that may be necessary
or desirable, or that the Collateral Agent may reasonably request, in order to perfect and protect any security interest granted
hereby or to enable the Collateral Agent to exercise and enforce its rights and remedies hereunder or under any other agreement
with respect to any Collateral.

 

	 	

 

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

 

5.1
At the tune the Collateral becomes subject to the lien and security interest created by this Agreement, the Debtor will be the
sole, direct, legal and beneficial owner thereof, free and clear of any lien, security interest, option, adverse claim, setoff,
default, defense, condition precedent or other encumbrance except for (i) the security interest created by this Agreement, and
(ii) Permitted Liens.

 

5.2
The grant of a security interest in the Collateral pursuant to this Agreement creates a valid and perfected first priority security
interest in the Collateral (subject to Permitted Liens), securing the payment and performance when due of the Secured Obligations.

 

5.3
It has full power, authority and legal right to grant a security interest in the Collateral pursuant to this Agreement.

 

5.4
This Agreement has been duly authorized, executed and delivered by the Debtor and constitutes a legal, valid and binding obligation
of the Debtor enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium
or other similar laws affecting creditors’ rights generally and subject to equitable principles (regardless of whether enforcement
is sought in equity or at law).

 

5.5
No authorization, approval, or other action by, and no notice to or filing with, any governmental authority or regulatory body
is required for the grant of a security interest in the Collateral pursuant to this Agreement or for the execution and delivery
of this Agreement by the Debtor or the payment and performance by the Debtor of the Secured Obligations.

 

5.6
The execution and delivery of this Agreement by the Debtor and the payment and performance by the Debtor of the Secured Obligations,
will not violate any provision of any applicable material law or regulation or any material order, judgment, writ, award or decree
of any court, arbitrator or governmental authority, domestic or foreign, applicable to the Debtor or any of its property, or the
organizational or governing documents of the Debtor or any material agreement or instrument to which the Debtor is party or by
which it or its property is bound.

 

6.
Covenants. The Debtor covenants as follows, unless a Majority in Interest of the Secured Parties shall otherwise consent
in writing:

 

6.1
The Debtor will not, without providing at least 10 days’ prior written notice to the Collateral Agent, change its legal
name, identity, type of organization, jurisdiction of organization, corporate structure, location of its chief executive office
or its principal place of business or its organizational identification number. The Debtor will, prior to any change described
in the preceding sentence, take all actions reasonably required by the Collateral Agent to maintain the perfection and priority
(subject to Permitted Liens) of the Collateral Agent’s security interest in the Collateral.

 

6.2
The Collateral, to the extent not delivered to the Collateral Agent pursuant to Section
4, will be kept at the address listed on the signature page hereto and the Debtor will not remove the Collateral
from such location without providing at least 5 days’ prior written notice to the Collateral Agent. The Debtor will, prior
to any change described in the preceding sentence, take all actions reasonably required by the Collateral Agent to maintain the
perfection and priority of the Collateral Agent’s security interest in the Collateral.

 

6.3
The Debtor shall, at its own cost and expense, defend title to the Collateral and the lien and security interest of the Collateral
Agent therein against the claim of any Person claiming against or through the Debtor (other than a Person holding a Permitted
Lien) and shall maintain and preserve such perfected security interest for so long as this Agreement shall remain in effect.

 

	 	

 

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6.4
The Debtor will not sell, offer to sell, dispose of, convey, assign or otherwise transfer the Collateral, other than the sale
of inventory in the ordinary course of business, the sale or other disposition of equipment that is substantially worn, damaged,
or obsolete in the ordinary course of business, and the use of cash in the ordinary course of business.

 

6.5
Except for a Permitted Lien, the Debtor will not restrict, or grant, create, permit or suffer to exist any mortgage, pledge, lien,
security interest, encumbrance or other restriction or limitation of any nature whatsoever on, any of the Collateral or any interest
therein; provided that Debtor may (i) sell, abandon, or otherwise dispose of equipment that is substantially worn, damaged, or
obsolete in the ordinary course of business, and (ii) sell inventory to buyers in the ordinary course of business.

 

6.6
The Debtor will keep the Collateral in good order and repair (ordinary wear and tear and casualty excepted) and will not use the
same in violation of law or any policy of insurance thereon.

 

6.7
The Debtor will pay promptly when due all taxes, assessments, governmental charges, and levies upon the Collateral or incurred
in connection with the use or operation of the Collateral or incurred in connection with this Agreement.

 

6.8
Insurance.

 

(a)
The Debtor will, at its own expense, maintain insurance (including commercial general liability and property insurance) with respect
to the Collateral and itself in such amounts, against such risks, in such form and with responsible and reputable insurance companies
or associations as is required by any governmental authority having jurisdiction with respect thereto or as is carried generally
in accordance with sound business practice by companies in similar businesses similarly situated and in any event, in amount,
adequacy and scope reasonably satisfactory to the Collateral Agent. Each such policy for liability insurance shall provide for
all losses to be paid on behalf of the Collateral Agent, the Secured Parties, and the Debtor as their respective interests may
appear, and each policy for property damage insurance shall provide for all losses to be adjusted with, and paid directly to,
the Collateral Agent. Each such policy shall in addition (A) name the Collateral Agent as an additional insured party thereunder
(without any representation or warranty by or obligation upon the Collateral Agent) as their interests may appear, (B) contain
an agreement by the insurer that any loss thereunder shall be payable to the Collateral Agent on its own account notwithstanding
any action, inaction or breach of representation or warranty by the Debtor, (C) provide that there shall be no recourse against
the Collateral Agent for payment of premiums or other amounts with respect thereto, and (D) provide that at least thirty (30)
days’ prior written notice of cancellation, lapse, expiration or other adverse change shall be given to the Collateral Agent
by the insurer. The Debtor will, if so requested by the Collateral Agent, deliver to the Collateral Agent original or duplicate
policies of such insurance and, as often as the Collateral Agent may reasonably request, a report of a reputable insurance broker
with respect to such insurance. The Debtor will also, at the request of the Collateral Agent, execute and deliver instruments
of assignment of such insurance policies and cause the respective insurers to acknowledge notice of such assignment.

 

(b)
Reimbursement under any liability insurance maintained by the Debtor pursuant to this Section 6.8 may be paid directly
to the Person who shall have incurred liability covered by such insurance, In the case of any loss involving damage to Collateral
and provided that no Event of Default has occurred and is continuing
any proceeds of insurance maintained by the Debtor pursuant to this Section 6.8 shall be paid to the Collateral Agent.
So long as no Event of Default has occurred and is continuing, the Debtor will make or cause to be made the necessary repairs
to or replacements of such Collateral, and any proceeds of insurance maintained by the Debtor pursuant to this Section 6.8
held by the Collateral Agent shall be paid by the Collateral Agent to the Debtor as reimbursement for the costs of such repairs
or replacements.

 

	 	

 

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(c)
In the event that an Event of Default has occurred and is continuing or in the event any proceeds are not applied to repair or
replacement costs in accordance with Section 6.8(b), all insurance proceeds in respect of such Equipment or Inventory shall
be paid to the Collateral Agent and applied to the Secured Obligations (or held as cash collateral, in Collateral Agent’s
discretion).

 

7.
Collateral Agent Appointed Attorney-in-Fact. The Debtor hereby appoints the Collateral Agent the Debtor’s attorney-in-fact,
with full authority in the place and stead of the Debtor and in the name of the Debtor or otherwise, from time to time during
the continuance of an Event of Default in the Collateral Agent’s discretion to take any action and to execute any instrument
which the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, but the Collateral Agent
shall not be obligated to and shall have no liability to the Debtor or any third party for failure to do so or take action. This
appointment, being coupled with an interest, shall be irrevocable. The Debtor hereby ratifies all that said attorneys shall lawfully
do or cause to be done by virtue hereof.

 

8.
Collateral Agent May Perform. If the Debtor fails to perform any obligation contained in this Agreement, the Collateral
Agent may himself perform, or cause performance of, such obligation, and the expenses of the Collateral Agent incurred in connection
therewith shall be payable by the Debtor; provided that the Collateral
Agent shall not be required to perform or discharge any obligation of the Debtor.

 

9.
Reasonable Care. The Collateral Agent shall have no duty with respect to the care and preservation of the Collateral beyond
the exercise of reasonable care. The Collateral Agent shall be deemed to have exercised reasonable care in the custody and preservation
of the Collateral in its possession if the Collateral is accorded treatment substantially equal to that which the Collateral Agent
accords his own property, it being understood that the Collateral Agent shall not have any responsibility for (a) ascertaining
or taking action with respect to any claims, the nature or sufficiency of any payment or performance by any party under or pursuant
to any agreement relating to the Collateral or other matters relative to any Collateral, whether or not the Collateral Agent has
or is deemed to have knowledge of such matters, or (b) taking any necessary steps to preserve rights against any parties with
respect to any Collateral. Nothing set forth in this Agreement, nor the exercise by the Collateral Agent of any of the rights
and remedies hereunder, shall relieve the Debtor from the performance of any obligation on the Debtor’s part to be performed
or observed in respect of any of the Collateral.

 

	 	

 

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10.
Remedies Upon Default. If any Event of Default shall have occurred and be continuing:

 

10.1
The Collateral Agent shall, upon the request, and may, with the consent, of the Majority in Interest of the Secured Parties, without
any other notice to or demand upon the Debtor, may assert all rights and remedies of a secured party under the UCC or other applicable
law, including, without limitation, the right to take possession of, hold, collect, sell, lease, deliver, grant options to purchase
or otherwise retain, liquidate or dispose of all or any portion of the Collateral (provided that if, in the sole, but good faith,
judgment of the Collateral Agent, obtaining the consent of the Secured Parties would not be reasonably practicable, would materially
prejudice the rights or protections of the Collateral Agent or the Secured Parties, or would expose the Collateral Agent to any
material liability, the Collateral Agent may take any such action and exercise any such remedy without first seeking the consent
of the Secured Parties). If notice prior to disposition of the Collateral or any portion thereof is necessary under applicable
law, written notice mailed to the Debtor at its notice address as provided in Section
15 hereof ten days prior to the date of such disposition shall constitute reasonable notice, but notice given in
any other commercially reasonable manner shall be sufficient. So long as the sale of the Collateral is made in a commercially
reasonable manner, the Collateral Agent may sell such Collateral on such terms and to such purchaser(s) as the Collateral Agent
in its absolute discretion may choose, without assuming any credit risk and without any obligation to advertise or give notice
of any kind other than that necessary under applicable law. Without precluding any other methods of sale, the sale of the Collateral
or any portion thereof shall have been made in a commercially reasonable manner if conducted in conformity with reasonable commercial
practices of creditors disposing of similar property. At any sale of the Collateral, if permitted by applicable law, the Collateral
Agent may be the purchaser, licensee, assignee or recipient of the Collateral or any part thereof and shall be entitled, for the
purpose of bidding and making settlement or payment of the purchase price for all or any portion of the Collateral sold, assigned
or licensed at such sale, to use and apply any of the Secured Obligations as a credit on account of the purchase price of the
Collateral or any part thereof payable at such sale. To the extent permitted by applicable law, the Debtor waives all claims,
damages and demands it may acquire against the Collateral Agent arising out of the exercise by it of any rights hereunder. The
Debtor hereby waives and releases to the fullest extent permitted by law any right or equity of redemption with respect to the
Collateral, whether before or after sale hereunder, and all rights, if any, of marshalling the Collateral and any other security
for the Secured Obligations or otherwise. At any such sale, unless prohibited by applicable law, the Collateral Agent or any custodian
may bid for and purchase all or any part of the Collateral so sold free from any such right or equity of redemption. Neither the
Collateral Agent nor any custodian shall be liable for failure to collect or realize upon any or all of the Collateral or for
any delay in so doing, nor shall it be under any obligation to take any action whatsoever with regard thereto.

 

10.2
Any cash held by the Collateral Agent as Collateral and all cash Proceeds received by the Collateral Agent in respect of any sale
of, collection from, or other realization upon all or any part of the Collateral shall be applied in whole or in part by the Collateral
Agent to the payment of, reasonable out-of-pocket expenses incurred by the Collateral Agent in connection with the foregoing,
including reasonable attorneys’ fees, and the balance of such proceeds shall be applied or set off against all or any part
of the Secured Obligations in accordance with Section 10.4. Any surplus of such cash or cash Proceeds held by the Collateral
Agent and remaining after payment in full of all the Secured Obligations shall be paid over to the Debtor or to whomsoever may
be lawfully entitled to receive such surplus. The Debtor shall remain liable for any deficiency if such cash and the cash Proceeds
of any sale or other realization of the Collateral are insufficient to pay the Secured Obligations and the fees and other charges
of any attorneys employed by the Collateral Agent to collect such deficiency.

 

10.3
If the Collateral Agent shall determine to exercise its rights to sell all or any of the Collateral pursuant to this Section,
the Debtor agrees that, upon request of the Collateral Agent, the Debtor will, at its own expense, do or cause to be done all
such acts and things as may be necessary to make such sale of the Collateral or any part thereof valid and binding and in compliance
with applicable law.

 

10.4
Any cash held by the Collateral Agent as Collateral and all Proceeds received by the Collateral Agent in respect of any sale of
or collection from, or other realization upon, all or any part of the Collateral may, in the discretion of the Collateral Agent,
be held by the Collateral Agent as collateral for, and/or then or at any time thereafter applied in whole or in part against,
all or any part of the Secured Obligations in the following order:

 

(a)
First, to the payment of reasonable costs and expenses, including all amounts expended to preserve the value of the Collateral,
of foreclosure or suit, if any, and of such sale and the exercise of any other rights or remedies, and of all proper fees, expenses,
liability and advances, including reasonable legal expenses and attorneys’ fees, incurred or made hereunder by the Collateral
Agent (including any costs and expenses of Collateral Agent paid by any Secured Party pursuant to Section 11, which
shall be reimbursed to the Secured Party who paid such costs and expenses);

 

	 	

 

    	8

    	 

    

 

(b)
Second, to the payment to each Secured Party of reasonable costs, expenses, liabilities, and advances, including reasonable
legal expenses and attorneys’ fees, incurred or made hereunder by such Secured Party in exercising its rights or remedies
in its capacity as a Secured Party or defending any claims made against such Secured Party under or in connection with this Agreement
or the Promissory Notes and related documents;

 

(c)
Third, to the payment to each Secured Party of the amount then owing or unpaid under the Promissory Notes, and in case
such proceeds shall be insufficient to pay in full the whole amount so due, owing or unpaid under the Promissory Notes, then its
Pro Rata Share of the amount remaining to be distributed (to be applied first to accrued interest and second to any other amounts
then outstanding under the Promissory Notes);

 

(d)
Fourth, to the payment of the surplus, if any, to Debtor, its successors and assigns, or to whomsoever may be lawfully
entitled to receive the same. Any surplus of such cash or Proceeds held by the Collateral Agent and remaining after the indefeasible
payment in full in cash of all of the Secured Obligations shall be paid over to whomsoever shall be lawfully entitled to receive
the same or as a court of competent jurisdiction shall direct.

 

For
purposes of this Agreement, the term “Pro Rata Share” shall mean, as to each Secured Party as of any relevant date
of determination, the percentage determined by dividing the outstanding principal balance of such Secured Party’s Promissory
Note by the aggregate outstanding principal balance of all of the Promissory Notes. In the event that a Secured Party receives
payments or distributions in excess of its Pro Rata Share, then such Secured Party shall hold in trust all such excess payments
or distributions for the benefit of the other Secured Parties and shall pay such amounts held in trust to such other Secured Parties
upon demand by such Secured Party.

 

10.5
In the event that the proceeds of any such sale, collection or realization are insufficient to pay all amounts to which the Collateral
Agent and Secured Parties are legally entitled, the Debtor shall be liable for the deficiency, together with interest thereon
at the rate specified in the Promissory Notes for interest on overdue amounts thereunder or such other rate as shall be fixed
by applicable law, together with the costs of collection and the reasonable fees, costs, expenses and other client charges of
any attorneys employed by the Collateral Agent and/or the Secured Parties to collect such deficiency.

 

10.6
The Debtor hereby acknowledges that if the Collateral Agent complies with any applicable state, provincial, or federal law requirements
in connection with a disposition of the Collateral, such compliance will not adversely affect the commercial reasonableness of
any sale or other disposition of the Collateral.

 

10.7
The Collateral Agent shall not be required to marshal any present or future collateral security (including, but not limited to,
this Agreement and the Collateral) for, or other assurances of payment of, the Secured Obligations or any of them or to resort
to such collateral security or other assurances of payment in any particular order, and all of the Collateral Agent’s rights
hereunder and in respect of such collateral security and other assurances of payment shall be cumulative and in addition to all
other rights, however existing or arising. To the extent that the Debtor lawfully may, the Debtor hereby agrees that it will not
invoke any law relating to the marshalling of collateral which might cause delay in or impede the enforcement of the Collateral
Agent’s rights under this Agreement or under any other instrument creating or evidencing any of the Secured Obligations
or under which any of the Secured Obligations is outstanding or by which any of the Secured Obligations is secured or payment
thereof is otherwise assured, and, to the extent that it lawfully may, the Debtor hereby irrevocably waives the benefits of all
such laws.

 

	 	

 

    	9

    	 

    

 

10.8
Nothing herein shall operate to preclude or limit any of the Secured Parties’ rights under the Promissory Notes should an
Event of Default occur, whether at law or in equity.

 

10.9
Debtor shall pay upon demand all costs and expenses incurred by the Secured Parties and the Collateral Agent, including without
limitation reasonable attorneys’ fees and court costs, with respect to any legal action undertaken by the same as a result
of any Event of Default not timely cured.

 

11.
Collateral Agent: Pro Rata Payments.

 

11.1
Appointment. The Secured Parties hereby appoint Jason Griffith as the collateral agent for the Secured Parties under this
Agreement (in such capacity, the “Collateral Agent”) to serve from the date hereof until the termination of
this Agreement.

 

11.2
Powers and Duties of the Collateral Agent. Indemnity by the Secured Parties.

 

(a)
Each of the Secured Parties hereby irrevocably authorizes the Collateral Agent to take such action and to exercise such powers
hereunder as provided herein or as requested to or consented by the Secured Parties (acting together), together with such powers
as are reasonably incidental thereto. The Collateral Agent may execute any of its duties hereunder or thereunder by or through
agents or employees and shall be entitled to request and act in reliance upon the advice of counsel concerning all matters pertaining
to its duties hereunder and thereunder and shall not be liable for any action taken or omitted to be taken by it in good faith
in accordance therewith. Subject to the provisions of this Agreement, the Collateral Agent will not take any action contrary to
the express written instructions of the Secured Parties (acting together) and will take any lawful action prescribed in express
written instructions of the Secured Parties (acting together). The Collateral Agent may decline to take any action except upon
the express written instructions of the Secured Parties (acting together) and the Collateral Agent may request a written ratification
by the Secured Parties (acting together) of any action taken by him under this Agreement, which ratification shall not be unreasonably
withheld, conditioned or delayed. The Collateral Agent shall not be obligated to take any action, or engage in any course of conduct,
if the Secured Parties are not in agreement as to such action or course of conduct.

 

(b)
Subject to and upon the other terms and conditions contained herein that limit the obligations or duties of the Collateral Agent,
the duties and obligations of the Collateral Agent under this Agreement shall be those of a “collateral agent” and
shall consist of and be limited to: (i) acquiring, holding and enforcing the security interest granted by the Debtor in the Collateral
under this Agreement; (ii) selling, releasing, surrendering, realizing upon or otherwise dealing with, in any manner and in any
order, all or any portion of the Collateral, (iii) exercising (or refraining from exercising) any rights, remedies or powers of
the Collateral Agent under this Agreement, the Promissory Notes, or under applicable law in respect of all or any portion of the
Collateral, (iv) making any demands or giving any notices hereunder or under the other transaction documents, and (v) effecting
amendments to or granting waivers or consents hereunder or under the other transaction documents.

 

(c)
Neither the Collateral Agent nor any of his agents or representatives shall be liable or responsible for (A) the validity, effectiveness,
sufficiency, enforceability or enforcement of the Promissory Notes, this Agreement, or any instrument or document delivered hereunder
or thereunder or relating hereto or thereto; (B) the title of Debtor to any of the Collateral or the freedom of any of the Collateral
from any prior or other liens or security interests; (C) the determination, verification or enforcement of Debtor’s compliance
with any of the terms and conditions of this Agreement; or (D) the failure by Debtor to deliver any instrument or document required
to be delivered pursuant to the terms hereof. The Collateral Agent shall not have or be deemed to have any fiduciary relationship
with any Secured Party and no implied covenants, functions, responsibilities, duties obligations or liabilities of the Collateral
Agent shall be read into this Agreement.

 

	 	

 

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(d)
Except in the case of fraud, intentional misrepresentation or willful misconduct on the part of Debtor or as otherwise expressly
provided for in this Agreement, no Secured Party shall take any action to collect amounts due hereunder, exercise any remedies
against the Collateral or for the payment of funds by the Debtor arising out of this Agreement without the prior written consent
of the Collateral Agent and the other Secured Parties.

 

(e)
The provisions of this Section 11 are solely for the benefit of Secured Parties and the Collateral Agent, and neither the
Debtor nor any other Person has any rights as a third party beneficiary of any of the provisions hereof.

 

11.3
Expenses. In the case of this Agreement and the transactions contemplated hereby and thereby and any related document relating
to any of the Collateral, each of the Secured Parties agrees to pay to the Collateral Agent, on demand, its Pro Rata Share of
all fees and all expenses incurred in connection with the operation and enforcement of this Agreement, the Promissory Notes or
any related agreement to the extent that such fees or expenses have not been paid by Debtor. In the case of this Agreement and
each instrument and document relating to any of the Collateral, each of the Secured Parties and the Debtor hereby agrees to hold
the Collateral Agent harmless, and to indemnify the Collateral Agent from and against any and all loss, damage, expense or liability
which may be incurred by the Collateral Agent under this Agreement and the transactions contemplated hereby and any related agreement
or other instrument or document, as the case may be, unless such liability shall be caused by the willful misconduct or gross
negligence of the Collateral Agent.

 

11.4
Successor Agent. The Collateral Agent may resign at any time by giving written notice thereof to the Secured Parties and
the Debtor and may be removed at any time for cause by any Secured Party, Except as provided above, upon any such resignation
or removal, the Secured Parties (which shall not include the Secured Party that was previously the Collateral Agent) shall have
the right to appoint a successor Collateral Agent. If no successor Collateral Agent shall have been so appointed by such Secured
Parties, and shall have accepted such appointment, within sixty (60) days after the retiring Collateral Agent’s giving of
notice of resignation or the Secured Parties’ removal of the retiring Collateral Agent, then the retiring Collateral Agent
may, on behalf of the Secured Parties, appoint a successor Collateral Agent, Upon the acceptance of any appointment as the Collateral
Agent hereunder by a successor Collateral Agent, such successor Collateral Agent shall thereupon succeed to and become vested
with all the rights, powers, privileges and duties of the retiring Collateral Agent, and the retiring Collateral Agent shall be
discharged from his duties and obligations as the Collateral Agent under this Agreement. After any retiring the Collateral Agent’s
resignation or removal hereunder as the Collateral Agent, the provisions of this Section 10 shall inure to its benefit
as to any actions taken or omitted to be taken by it while it was the Collateral Agent under this Agreement.

 

11.5
Pro Rata Payment. The Promissory Notes, and the claims of the Secured Parties in respect of the indebtedness, obligations
and liabilities of Debtor thereunder, shall be pari passu in right of payment with respect to each other. All payments to each
of the Secured Parties under the Promissory Notes shall be made ratably among the Secured Parties in accordance with their respective
Pro Rata Shares. Debtor shall not make, and no Secured Party shall accept, any payment in respect of the Promissory Notes except
as shall be shared ratably between the Secured Parties so as to maintain as near as possible the amount of the indebtedness owing
under the Promissory Notes according to the Secured Parties’ respective Pro Rata Shares.

 

	 	

 

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11.6
Turnover. If any Secured Party obtains any payment or distribution (whether voluntary, involuntary, by prepayment, through
the exercise of any right granted to the Collateral Agent or any Secured Party under this Agreement or the Promissory Notes, or
by applicable law or otherwise, including, without limitation, by application of offset, security interest or otherwise) of principal,
interest or other amount with respect to the Promissory Notes or the Collateral in excess of such Secured Party’s Pro Rata
Share, as measured immediately prior to the receipt of such payment or payments, then (a) the Secured Party receiving such payment
or distribution in excess of its Pro Rata Share shall distribute promptly to each of the other Secured Parties an amount sufficient
to cause all Secured Parties to receive their respective Pro Rata Shares of any such payment or distribution, and (b) such other
adjustments shall be made from time to time as shall be equitable to ensure that the Secured Parties share the benefits of such
payment on a Pro Rata Share basis. Until such time as the provisions of the previous sentence are complied with, such Secured
Party shall be deemed to hold such Collateral or such payments in trust for the other Secured Parties entitled thereto hereunder.
Notwithstanding the foregoing, the reimbursable attorneys’ fees, expenses and costs incurred by the Collateral Agent or
the Secured Parties and those that are incurred disproportionally (i.e.,
not consistent with each Secured Party’s Pro Rata Share) among the Secured Parties pursuant to the terms
and provisions hereof shall be paid to the Collateral Agent or the Secured Parties, as applicable, in proportion to the amounts
actually incurred by and respective to the Collateral Agent or the Secured Parties, as applicable.

 

11.7
Agency for Perfection. The Collateral Agent hereby appoints each other Secured Party as its agent for the purpose of perfecting
the Collateral Agent’s security interest in assets which, in accordance with Division 9 of the UCC can be perfected by possession.
Should any Secured Party (other than the Collateral Agent) obtain possession of any such Collateral, such Secured Party shall
notify the Collateral Agent thereof, and, promptly upon the Collateral Agent’s request therefor shall deliver such Collateral
to the Collateral Agent or in accordance with the Collateral Agent’s reasonable instructions.

 

11.8
Indemnification. Each Secured Party shall indemnify and hold harmless Collateral Agent and its agents, attorneys, and advisors,
to the extent not reimbursed by Debtor, based on each Secured Party’s Pre Rata Share, against all claims that may be incurred
by or asserted against Collateral Agent or its agents, attorneys, or advisors, provided that such claim relates to or arises from
its acting as or for Collateral Agent. In Collateral Agent’s discretion, it may reserve for any such claims made against
Collateral Agent (or its agents, attorneys, or advisors), and may satisfy any judgment, order or settlement relating thereto,
from proceeds of Collateral prior to making any distribution of Collateral proceeds to Secured Parties. If Collateral Agent is
sued by any receiver, bankruptcy trustee, debtor-in-possession or other person or entity for any alleged preference or fraudulent
transfer, then any monies paid by Collateral Agent in settlement or satisfaction of such proceeding, together with all interest,
costs and expenses (including attorneys’ fees) incurred in the defense of same, shall be promptly reimbursed to Collateral
Agent by each Secured Party to the extent of its Pro Rata Share.

 

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

 

	 	

 

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13.
Security Interest Absolute. All rights of the Collateral Agent and liens and security interests hereunder, and all Secured
Obligations of the Debtor hereunder, shall be absolute and unconditional irrespective of:

 

13.1
any illegality or lack of validity or enforceability of any Secured Obligation or any related agreement or instrument;

 

13.2
any change in the time, place or manner of payment of, or in any other term of, the Secured Obligations;

 

13.3
any taking, exchange, substitution, release, impairment or non-perfection of any Collateral or any other collateral, or any taking,
release, impairment, amendment, waiver or other modification of any guaranty, for all or any of the Secured Obligations;

 

13.4
any manner of sale, disposition or application of proceeds of any Collateral or any other collateral or other assets to all or
part of the Secured Obligations;

 

13.5
any default, failure or delay, willful or otherwise, in the payment or performance of the Secured Obligations;

 

13.6
any defense, set-off or counterclaim (other than a defense of payment or performance) that may at any time be available to, or
be asserted by, the Debtor against the Collateral Agent; or

 

13.7
any other circumstance (including, without limitation, any statute of limitations) or manner of administering the Promissory Motes
or any existence of or reliance on any representation by the Collateral Agent that might vary the risk of the Debtor or otherwise
operate as a defense available to, or a legal or equitable discharge of, the Debtor or any other debtor, grantor, guarantor or
surety (other than a defense of payment).

 

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

 

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

 

16.
Continuing Security Interest: Further Actions. This Agreement shall (a) subject to
Section 17, remain in full force and effect until payment in full of the Secured Obligations, (b) be binding upon
the Debtor, its successors and assigns, and (c) inure to the benefit of the Collateral Agent and its successor, transferees and
assigns; provided that the
Debtor may not assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent
of the Collateral Agent.

 

17.
Termination: Release. On the date on which all Secured Obligations have been paid and performed in full, the Collateral
Agent will, at the request and sole expense of the Debtor, (a) duly assign, transfer and deliver to or at the direction of the
Debtor (without recourse and without any representation or warranty) such of the Collateral as may then remain in the possession
of the Collateral Agent, together with any monies at the time held by the Collateral Agent hereunder, and (b) execute and deliver
to the Debtor a proper instrument or instruments acknowledging the satisfaction and termination of this Agreement.

 

	 	

 

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18.
CHOICE OF LAW, VENUE, JURY TRIAL WAIVER, AND JUDICIAL REFERENCE.

 

18.1
Nevada law governs this Agreement without regard to principles of conflicts of law. Debtor and Collateral Agent each submit to
the exclusive jurisdiction of the State and Federal courts in Clark County, Nevada; provided, however, that nothing in this Agreement
shall be deemed to operate to preclude Collateral Agent from bringing suit or taking other legal action in any other jurisdiction
to realize on the Collateral or any other security for the Secured Obligations, or to enforce a judgment or other court order
in favor of Collateral Agent. Debtor expressly submits and consents in advance to such jurisdiction in any action or suit commenced
in any such court, and Debtor hereby waives any objection that it may have based upon lack of personal jurisdiction, improper
venue, or forum non conveniens and hereby consents to the granting of such legal or equitable relief as is deemed appropriate
by such court. Debtor hereby waives personal service of the summons, complaints, and other process issued in such action or suit
and agrees that service of such summons, complaints, and other process may be made by registered or certified mail addressed to
Debtor at the address set forth in, or subsequently provided to Collateral Agent in accordance with,
Section 15 of this Agreement and that service so made shall be deemed completed upon the earlier to occur of Debtor’s
actual receipt thereof or three (3) days after deposit in the U.S. mails, proper postage prepaid.

 

18.2
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, DEBTOR AND COLLATERAL AGENT EACH WAIVE THEIR RIGHT TO A JURY TRIAL OF ANY CLAIM
OR CAUSE OF ACTION ARISING OUT OF OR BASED UPON THIS AGREEMENT, THE REIMBURSEMENT AGREEMENT OR ANY CONTEMPLATED TRANSACTION, INCLUDING
CONTRACT, TORT, BREACH OF DUTY AND ALL OTHER CLAIMS. THIS WAIVER IS A MATERIAL INDUCEMENT FOR BOTH PARTIES TO ENTER INTO THIS
AGREEMENT. EACH PARTY HAS REVIEWED THIS WAIVER WITH ITS COUNSEL.

 

19.
Counterparts. This Agreement and any amendments, waivers, consents or supplements hereto may be executed in counterparts
(and by different parties hereto in different counterparts), each of which shall constitute an original, but all taken together
shall constitute a single contract. Delivery of an executed counterpart of a signature page to this Agreement by facsimile or
in electronic (i.e., “pdf” or “tif”) format shall be effective as delivery of a manually executed counterpart
of this Agreement. This Agreement constitutes the entire contract among the parties with respect to the subject matter hereof
and supersedes all previous agreements and understandings, oral or written, with respect thereto.

 

20.
Termination of Prior Security Agreements. Any security agreements previously executed by Debtor in favor of any of the
Secured Parties are hereby superceded and replaced in their entirety by this Agreement, and such prior security agreements shall
no longer be deemed to be in effect.

 

[SIGNATURE
PAGE FOLLOWS]

 

	 	

 

    	14

    	 

    

 

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

 

	 	QUEST
    SOLUTION, INC.,
	 	as
    Debtor
	 	 	 
	 	By:	/s/
    Tom Miller
	 	 	Tom
    Miller,
	 	 	Chief
    Executive Officer
	 	 	 
	 	Address
    for Notices:
	 	806
    Conger Street
	 	Eugene,
    OR 97402
	 	 	 
	 	JASON
    GRIFFITH,
	 	as
    Collateral Agent
	 	 	 
	 	By:	/s/
    Jason Griffith
	 	 	Jason
    Griffith
	 	 	 
	 	Address
    for Notices:
	 	2580
    Anthem Village Drive
	 	Henderson,
    NV 89052

 

ACCEPTED
AND AGREED TO BY THE FOLLOWING SECURED PARTIES:

 

	/s/
    JASON GRIFFITH	 
	JASON
    GRIFFITH, individually	 

 

Security
Agreement

Quest
Solution, Inc./J. Griffith

 

    	S-1

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