Document:

Exhibit
10.1

THIRD
AMENDMENT TO CREDIT AGREEMENT

This Third Amendment
to Credit Agreement (the “Amendment”) is entered into on April 17, 2017, by and among Inland Real Estate Income
Trust, Inc. (the “Borrower”), KeyBank National Association, as “Administrative Agent” and as a “Lender”,
PNC Bank National Association, as a “Lender” and Fifth Third Bank, as a “Lender” as shown on the signature
pages hereof.

R E C
I T A L S

A.       Borrower,
Administrative Agent and the existing Lenders have entered into a Credit Agreement dated as of September 30, 2015 as amended by
that certain Amendment Regarding Increase, dated January 21, 2016 and that certain Second Amendment to Credit Agreement dated October 25, 2016 (collectively, the “Credit Agreement”). All capitalized terms used herein and not otherwise defined shall
have the meanings given to them in the Credit Agreement.

B.       The
Borrower and the Agent on behalf of the Lenders now desire to amend the Credit Agreement in order to, among other things, modify
provisions relative to Consolidated Tangible Net Worth to be effective as of March 31, 2017 (the “Effective Date”).

NOW, THEREFORE, in
consideration of the foregoing Recitals and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto agree as follows:

AGREEMENTS

1.           
The foregoing Recitals to this Amendment hereby are incorporated into and made part of this Amendment.

2.           
As of the Effective Date, the following definition is hereby added to Article I of the Credit Agreement:

"Excluded Tenant
Replacement" means a tenant under a lease with a term of at least three years who, pursuant to such lease, is paying rent
and occupying space (in whole or in part) at a Project that was, prior to such Excluded Tenant Replacement taking possession of
such space, most recently leased by an Excluded Tenant that was operating as a Sports Authority.

3.           
As of the Effective Date, the following definitions in Article I of the Credit Agreement are hereby deleted in their entirety
and replaced with the following:

“Adjusted NOI”
means with respect to any Project for any period, Net Operating Income of such Project for such period less the applicable Capital
Reserves; provided, however, that in determining the Net Operating Income for any Project with an Excluded Tenant Replacement,
the Net Operating Income from such Excluded Tenant Replacement shall be calculated as follows:

    1 

     

    

 

		(i)	with respect to any Excluded Tenant Replacement
that has been paying rent and in occupancy of its space formerly leased (in whole or in part) to an Excluded Tenant at such Project
for less than a calendar quarter, but is an Excluded Tenant Replacement as of the end of such calendar quarter, the Net Operating
Income from such Excluded Tenant Replacement shall be the pro forma Net Operating Income expected from such Excluded Tenant Replacement
for the next calendar quarter, annualized, 

		(ii)	with respect to any Excluded Tenant Replacement that has been paying rent and in occupancy of its
space formerly leased (in whole or in part) to an Excluded Tenant at such Project for at least one calendar quarter but less than
two calendar quarters, the Net Operating Income from such Excluded Tenant Replacement shall be the Net Operating Income from such
Excluded Tenant Replacement for such first calendar quarter, annualized,

		(iii)	with respect to any Excluded Tenant Replacement that has been paying rent and in occupancy of its
space formerly leased (in whole or in part) to an Excluded Tenant at such Project for at least two calendar quarters but less than
three calendar quarters, the Net Operating Income from such Excluded Tenant Replacement shall be the sum of the Net Operating Income
from such Excluded Tenant Replacement for such two calendar quarters, annualized,

		(iv)	with respect to any Excluded Tenant Replacement that has been paying rent and in occupancy of its
space formerly leased (in whole or in part) to an Excluded Tenant at such Project for at least three calendar quarters but less
than four calendar quarters, the Net Operating Income from such Excluded Tenant Replacement shall be the sum of the Net Operating
Income from such Excluded Tenant Replacement for such three calendar quarters, annualized, and

		(v)	with respect to any Excluded Tenant Replacement that has been paying rent and in occupancy of its
space formerly leased (in whole or in part) to an Excluded Tenant at such Project for at least four calendar quarters, the Net
Operating Income from such Excluded Tenant Replacement shall be the sum of the Net Operating Income from such Excluded Tenant Replacement
for such four calendar quarters.

“Consolidated
Tangible Net Worth” means, as of any date of determination, an amount equal to (a) Gross Asset Value as of such date
minus (b) Consolidated Total Indebtedness as of such date.

    2 

     

    

 

“Net Operating
Income” means, with respect any Project for any period, the sum of the following (without duplication): (a) rents and other
revenues (including interest income) received in the ordinary course from such Project (excluding income from Excluded Tenants
but, for the avoidance of doubt, including income from any and all Excluded Tenant Replacements) minus (b) all expenses
paid or accrued related to the ownership, operating or maintenance of such Project, including but not limited to taxes, assessments
and the like, insurance, utilities, payroll costs, maintenance, repair and landscaping expenses, marketing expenses, and general
and administrative expenses (including an appropriate allocation for legal, accounting, advertising, marketing and other expenses
incurred in connection with such Project, but specifically excluding general overhead expenses of the Borrower or any Subsidiary)
minus (c) the Management Fee for such Property for such period. Net Operating Income will also be adjusted to remove any
impact from straight line rents or from amortization of intangibles pursuant to FAS 141.

4.           
As of the Effective Date, Section 6.16 of the Credit Agreement is hereby deleted in its entirety with the following:

"6.16Consolidated
Tangible Net Worth. From and after the fiscal calendar quarter ending March 31, 2017, the Consolidated Group shall maintain,
as of the last day of each fiscal quarter based upon Borrower’s compliance certificate required by Section 6.1(d) hereof
for such fiscal quarter, a Consolidated Tangible Net Worth of not less than $500,000,000."

5.           
The Borrower hereby represents and warrants that, as of the Effective Date, there is no Default or Unmatured Default, the
representations and warranties contained in Article V of the Credit Agreement are true and correct in all material respects
as of such date (except (i) to the extent any such representation or warranty is stated to relate solely to an earlier date, in
which case such representation or warranty shall be true and correct on and as of such earlier date, and (ii) for changes in factual
circumstances disclosed in writing to the Administrative Agent and not prohibited under the Credit Agreement, as amended by this
Amendment) and the Borrower has no offsets or claims against any of the Lenders.

6.           
As expressly modified as provided herein, the Credit Agreement shall continue in full force and effect. Moreover, from and
after the Effective Date, the term “Credit Agreement” shall refer to the Credit Agreement as amended by this Amendment.

7.           
This Amendment may be executed in any number of counterparts, all of which taken together shall constitute one agreement,
and any of the parties hereto may execute this Amendment by signing any such counterpart.

 

[Signature pages follow.]

    3 

     

    

 

IN WITNESS WHEREOF,
the parties have executed and delivered this Amendment as of the date first written above.

INLAND REAL ESTATE INCOME TRUST, INC.,

a Maryland corporation

By:       /s/ David Z. Lichterman

Name:  David Z. Lichterman

Title:     Vice President, Treasurer and CAO

Address:

2901 Butterfield Road

Oak Brook, Illinois 60523

Attention: Chief Accounting Officer

Phone: (630) 586-6590

Facsimile: (630) 586-6790

The undersigned,
being the Advisor, hereby consents to the foregoing Amendment and agrees that the Subordination Agreement which it executed and
delivered shall continue in full force and effect with respect to the Credit Agreement, as thereby amended, and to the other Loan
Documents.

IREIT BUSINESS MANAGER & ADVISOR, INC.,

an Illinois corporation

By:       /s/ David Z. Lichterman

Name: David Z. Lichterman

Title:    Treasurer and CAO

[Signatures continue on next page.]

    4 

     

    

 

The undersigned,
being all of the Subsidiary Guarantors as of the date hereof, hereby jointly and severally, (i) approve and ratify this Amendment,
(ii) confirm that they have previously joined in that certain Subsidiary Guaranty (the “Guaranty”) dated as of September
30, 2015, and that their obligations under the Guaranty will continue in full force and effect and (iii) agree to fully and timely
perform each and every obligation of a Subsidiary Guarantor under such Guaranty.

IREIT NEWINGTON FAIR, L.L.C.,

a Delaware limited liability company

 

By:      INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

 

 

By:          /s/
David Z. Lichterman

Name:    David Z. Lichterman

Title:       Vice President, Treasurer and CAO

FEIN:      90-0914355

 

 

IREIT LAYTON POINTE, L.L.C.,

a Delaware limited liability company

 

By:      INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

 

 

By:       /s/ David
Z. Lichterman

Name: David Z. Lichterman

Title:    Vice President, Treasurer and CAO

FEIN:   61-1742279

 

 

IREIT OCEAN ISLE BEACH LANDING, L.L.C.,

a Delaware limited liability company

 

By:       INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

 

 

By:       /s/ David Z. Lichterman

Name: David Z. Lichterman

Title:    Vice President, Treasurer and CAO

FEIN:   38-3942791

[Signatures continue on next page.]

    5 

     

    

IREIT STEVENS POINT PINECREST, L.L.C.,

a Delaware limited liability company

By:      INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

By:      /s/ David Z. Lichterman

Name: David Z. Lichterman

Title:    Vice President, Treasurer and CAO

FEIN:   36-4797117

IREIT WEST VALLEY CITY LAKE PARK, L.L.C.,

a Delaware limited liability company

By:      INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

By:       /s/ David
Z. Lichterman

Name: David Z. Lichterman

Title:    Vice President, Treasurer and CAO

FEIN:   36-4801758

IREIT PLEASANT PRAIRIE PLAZA, L.L.C.,

a Delaware limited liability company

By:      INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

By:      /s/ David Z. Lichterman

Name: David Z. Lichterman

Title:    Vice President, Treasurer and CAO

FEIN:  37-1777739

[Signatures continue on next page.]

    6 

     

    

IREIT LAKE ST. LOUIS HAWK RIDGE, L.L.C.,

a Delaware limited liability company

By:      INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

By:       /s/ David Z. Lichterman

Name: David Z. Lichterman

Title:    Vice President, Treasurer and CAO

FEIN:   35-2524228

RE INCOME OMAHA WHISPERING RIDGE, L.L.C.,

a Delaware limited liability company

By:       INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

By:       /s/ David
Z. Lichterman

Name:  David Z. Lichterman

Title:     Vice President, Treasurer and CAO

FEIN:    35-2524129

IREIT FRISCO MARKETPLACE, L.L.C.,

a Delaware limited liability company

By:       INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

By:       /s/ David
Z. Lichterman

Name: David Z. Lichterman

Title:    Vice President, Treasurer and CAO

FEIN:   31-1780520

[Signatures continue on next page.]

    7 

     

    

 

IREIT NAMPA TREASURE VALLEY, L.L.C.,

a Delaware limited liability company

 

By:       INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

 

 

By:       /s/ David
Z. Lichterman

Name: David Z. Lichterman

Title:    Vice President, Treasurer and CAO

FEIN:   61-1754000

IREIT YORKVILLE MARKETPLACE, L.L.C.,

a Delaware limited liability company

 

By:       INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

 

 

By:       /s/ David
Z. Lichterman

Name: David Z. Lichterman

Title:    Vice President, Treasurer and CAO

FEIN:   61-1759961

IREIT LAWRENCE IOWA STREET, L.L.C.,

a Delaware limited liability company

By:      INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

By:       /s/ David Z. Lichterman

Name:  David Z. Lichterman

Title:    Vice President, Treasurer and CAO

FEIN:   36-4814726

[Signatures continue on next page.]

    8 

     

    

 

IREIT TURLOCK BLOSSOM VALLEY L.L.C.,

a Delaware limited liability company

 

By:      INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

 

 

By:       /s/ David
Z. Lichterman

Name: David Z. Lichterman

Title:    Vice President, Treasurer and CAO

FEIN:   38-3980485

IREIT SOUTH JORDAN OQUIRRH MOUNTAIN, L.L.C., a Delaware limited
liability company

 

By:      INLAND REAL ESTATE INCOME

TRUST, INC., a Maryland corporation,
its

sole member

 

 

By:       /s/ David
Z. Lichterman

Name: David Z. Lichterman

Title:    Vice President, Treasurer and CAO

FEIN:   35-2545132

[Signatures continue on next page.]

    9 

     

    

KEYBANK NATIONAL ASSOCIATION,

Individually and as Administrative
Agent

By:       /s/ Kristin Centracchio

Print Name: Kristin Centracchio

Title:    Vice President

KeyBank National Association

1200 Abernathy Road NE

Suite 1550

Atlanta, GA 30328

Phone: (770) 510-2130

Facsimile: (770) 510-2195

Attention: Nathan Weyer

 

IREIT
AMENDMENT

SIGNATURE
PAGE OF KEYBANK NATIONAL ASSOCIATION

    10 

     

    

PNC BANK NATIONAL ASSOCIATION

By:        /s/ Joel G. Dalson

Print Name: Joel G. Dalson

Title:    Senior Vice President

PNC Real Estate

One North Franklin Street

Suite 2150, C-LO1-21

Chicago, IL 60606

Phone: (312) 338-2226

Facsimile: (312) 384-4623

Attention: Joel G. Dalson

Email: joel.dalson@pnc.com

IREIT
AMENDMENT

SIGNATURE
PAGE OF PNC BANK NATIONAL ASSOCIATION

    11 

     

    

FIFTH THIRD BANK,

an Ohio banking corporation

By:       /s/ Michael Glandt

Print Name: Michael Glandt

Title:    Vice President

Fifth Third Bank

Institutional Real Estate

222 South Riverside, 33rd Floor

Chicago, IL 60606

Phone: (312) 704-5914

Facsimile: (312) 704-7364

Attention: Michael Glandt

Email: Michael.Glandt@53.com

 

 

IREIT
AMENDMENT

SIGNATURE
PAGE OF FIFTH THIRD BANK

 

12Exhibit 10.1

 

AGREEMENT

 

 

This Agreement dated November [29], 2016, among Bingham Canyon Corporation,
(“Bingham”) a Nevada Corporation with offices 10457 W. 84th Terrace, Lenexa, Kansas, 66214, (also referred
to herein as “Buyer”), and Annihilyzer, Inc., a Texas corporation with offices at 616 Cypress Creek Parkway, Suite
410, Houston, Texas 77090-3026, (also referred to herein as “Seller”)

 

WHEREAS As represented by the pending patent applications filed in the United
States of America and Canada, Seller owns that certain intellectual property relating to the Annihilyzer intellectual property
(referred to herein as “AIP”), and

 

WHEREAS Bingham desires to purchase, and Seller desires to sell, all of
their right title and interest in the AIP pursuant to the terms and conditions set forth herein.

 

NOW THEREFORE, in consideration of the premises, mutual covenants and other
good and valuable consideration contained herein which each party acknowledges to be sufficient, IT IS HEREBY AGREED:

 

ARTICLE 1

 

TERMS AND CONDITIONS

 

1. Purchase and Sale of Intellectual
Property. Upon consummation of the Agreement,

 

(1.1) Subject to the terms of this Agreement,
Bingham shall purchase and/or acquire, and Seller shall sell and transfer, all of Seller’s right, title and interest in and
to the AIP, including all: (i) software related to the AIP RFID tracking system; (ii) two (2) AIP Kiosks; (iii) Trademark Registration
number 4,521,689 (Apr 29, 2014) for the Annihilyzer ®; (iv) US Utility Application number US 14/305,865(Material Tracking System);
(v) Provisional Application Number: 62/412,549 received by the United States Patent Office on or about October 25, 2016 (Material
Tracking System); (vi) Canadian Patent Application No. 2,915,815 filed with the Canadian Intellectual Property Office, (vii) all
of the knowhow and processes involved with the operation of the AIP system; and (viii) all goodwill and market knowledge concerning
the AIP.

 

(1.2) At Closing,
Bingham shall: (i) issue and deliver to Annihilyzer, Inc., a total of 1,500,000 shares of common stock of Bingham (referred
to herein as “Seller’s Shares”), and in addition (ii) deliver to Seller in ready funds the amount of
$750,000.00. The foregoing shall collectively represent the total consideration for this Agreement (the “Purchase
Price”).

 

(1.3) At Closing, Seller shall execute and
deliver to Bingham, a mutually acceptable assignment of all their right, title and interest in the AIP (the “AIP Assignment”).
A copy of the AIP Assignment is attached hereto as Schedule 1.3.

 

ARTICLE 2

 

REPRESENTATIONS AND WARRANTIES OF THE SELLING PARTIES

 

The Seller represents and warrants as follows:

 

2.1 Ownership. Seller is the sole owner
of the AIP and has full power to execute and deliver this Agreement and to consummate the transactions contemplated hereby.

 

2.2 Binding Obligation. This Agreement
is a valid and binding obligation of the Seller enforceable against Seller in accordance with its terms, except as enforceability
may be limited by bankruptcy, insolvency, reorganization or other similar Laws affecting creditors' rights generally and by the
availability of equitable remedies.

 

2.3 Consents and Approvals; No Violation.
Except as disclosed in Schedule 2.3 annexed hereto, neither the execution, (i) delivery or performance of this Agreement by each
conflict with or violate any provision of any ownership documents of Seller; (ii) conflict with or result in a violation
or breach of, or constitute (with or without due notice or lapse of time or both) a default (or give rise to any right of notice,
modification, payment, termination, cancellation or acceleration) under, or result in the creation of any lien upon the AIP under,
any of the terms, conditions or provisions of any contract or lease; (iii) violate any order, writ, judgment, injunction, decree,
law, statute, rule or regulation or other similar authoritative matter ("Law") applicable to Seller or any of their properties
or assets except for violations which would not have a Material Adverse Effect.

 

2.4 Intellectual Property. Schedule
2.4(a) annexed hereto lists (by name, owner, date of first use and, where applicable, registration number and jurisdiction of registration,
application, certification or filing) all AIP that is registered, or for which an application for registration is pending or applied
for, in the name of Seller or that is owned by Seller (whether solely or jointly with another Person). Schedule 2.4(b) lists each
Contract in which any AIP is licensed to or from any third party. The AIP is pending and Buyer has been afforded the opportunity
to review the AIP applications to determine if there are any oppositions, cancellations, invalidity proceedings, interferences
or re-examination proceedings presently pending with respect to the AIP owned by Seller. Except as set forth on Schedule 2.4(c),
to the best of the knowledge of Seller, the conduct of the AIP owned by Seller does not infringe on any Intellectual Property or
other proprietary rights of any Person.

 

2.5 Insurance. Schedule 2.5 annexed
hereto, contains a full and complete list of all current policies of insurance relating to the AIP, its related products and systems.

 

2.6 Environmental Condition. To
the best of its knowledge, Seller has not violated or incurred any liability under any of the Environmental Laws that may apply
to the AIP.

 

2.7 Brokers. Seller is not a party
to any agreement with any finder, broker or consultant, or in any way obligated to any finder, broker or consultant for any commissions,
fees or expenses, in connection with the origin, negotiation, execution or performance of this Agreement.

 

2.8 Product Warranties. Schedule
2.8 annexed hereto contains a complete and accurate list of any and all AIP product warranties in effect (the "AIP Product
Warranties"). Except as disclosed on Schedule 2.8 hereof, there are no outstanding claims, and Seller does not know of any
basis for such claims, with respect to the AIP Product Warranties.

 

2.9 No Other
Representations or Warranties. THE AIP CONVEYED PURUSANT TO THIS AGREEMENT IS CONVEYED “AS IS WHERE IS WITH ALL
FAULTS” EXCEPT AS EXPRESSLY SET FORTH IN THIS ARTICLE 2, SELLER MAKES NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR
IMPLIED, AT LAW OR IN EQUITY, REGARDING THE AIP. SELLER EXPRESSLY DISCLAIMS ANY OTHER REPRESENTATIONS OR WARRANTIES,
NOTWITHSTANDING THE DELIVERY OR DISCLOSURE TO BUYER OR ITS REPRESENTATIVES OF ANY DOCUMENTATION OR OTHER INFORMATION.

 

2.10 Scope of Representations and Warranties.
The representations and warranties of Seller contained in this Agreement are accurate and complete in all material respects and
do not contain any untrue statement of material fact or omit to state a material fact necessary to make the statements herein and
therein not misleading. To the best of its knowledge, Seller has disclosed to Buyer all material facts relating to the AIP. There
are no facts, conditions or circumstances known to Seller which would or may have a Material Adverse Effect on Seller by reason
of any matter relating to the AIP

 

2.11 Acceptance of Seller’s Shares.

 

		(a)	The Seller acknowledges that the Buyer used to be, but has recently ceased to be, a shell corporation as that term is defined
the Securities Act of 1933, as amended (the “Act”) and the Rules and Regulations promulgated thereunder.

 

		(b)	The Seller has had an opportunity to ask questions of and receive answers from Buyer or its representatives concerning the
market price of the Shares, all such questions have been answered to the full satisfaction of Seller and the Seller has had the
opportunity to request and obtain any additional information the Seller deemed necessary to verify or supplement the information
contained therein.

 

(c) Seller has reviewed and understands
the disclosure provided in Buyer's recent Form 10K Annual Report, Form 10Q Quarterly Report and recent Form 8 Current Report filed
with the SEC on August 31, 2016

 

(d) The Seller acknowledges that an investment
in the Shares involves substantial risks, and is fully aware of and understands all of the risk factors related to the acquisition
of the Shares

 

(e) The Seller understands that the Seller’s
Shares shall bear one or more restrictive legends to the following effect:

 

		(i)	"THESE SECURITIES HAVE NOT BEEN REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT")
OR THE SECURITIES LAWS OF ANY STATE. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED OR OTHER WISE TRANSFERRED IN
THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT TO THE SECURITIES UNDER THE ACT OR AN OPINION OF COUNSEL SATISFACTORY
TO THE COMPANY TO THE EFFECT THAT SUCH REGISTRATION AND QUALIFICATION UNDER THE ACT AND SUCH LAWS IS NOT REQUIRED"; and

 

		(ii)	Any and all similar legends required by applicable state law.

 

ARTICLE 3

 

REPRESENTATIONS AND WARRANTIES OF BUYER

 

Buyer hereby represents and warrants to Seller that:

 

3.1 Corporate Organization. Buyer
has delivered to the Seller all documents requested by the Seller relating to the existence of Buyer, the authority of Buyer to
enter into this Agreement and in furtherance of the transactions contemplated by this Agreement, including any financing documents.

 

3.2 Authorization. Buyer has the
full corporate power and authority to execute and deliver this Agreement and to consummate the transactions contemplated hereby.
The execution, delivery and performance by Buyer of this Agreement and the consummation of the transactions contemplated hereby,
have been duly authorized and no other corporate or shareholder actions on the part of Buyer are necessary to authorize the execution
and delivery by Buyer of this Agreement and the consummation of the transactions contemplated hereby. This Agreement has been duly
executed and delivered by Buyer and assuming due and valid authorization, execution and delivery hereof by the Seller is a valid
and binding obligation of Buyer enforceable against Buyer in accordance with its terms, except as enforceability may be limited
by bankruptcy, insolvency, reorganization or other similar Laws affecting creditors' rights generally and by the availability of
equitable remedies.

 

3.3 No Violation: Consents. Neither
the execution, delivery or performance of this Agreement by Buyer nor the consummation by Buyer of the transactions contemplated
hereby will (a) conflict with or violate any provision of the Certificate of Incorporation, as amended from time to time, of Buyer;
(b) conflict with or result in a violation or breach of, or constitute a default (or give rise to any right of notice, modification,
payment, termination, cancellation or acceleration) under, any of the terms, conditions or provisions of any material note, bond,
mortgage, indenture, lease, license, permit, contract, agreement or other instrument, obligation, arrangement or understanding
to which Buyer is a party or by which it or any of its properties or assets may be bound; (c) violate any Law applicable to Buyer
or any of its properties or assets.

 

3.4 Financial Capacity. Buyer has
sufficient cash on hand or financing capacity to consummate the transactions contemplated by this Agreement and to pay all fees
and expenses of Buyer related to the transactions contemplated by this Agreement. In regards to the disclosure provided in Buyer's
recent Form 10K Annual Report, Form 10Q Quarterly Report and recent Form 8 Current Report filed with the SEC on August 31, 2016
that as of Closing there has not been any Material Adverse Effect.

 

3.5 Brokers. Buyer is not a party
to any agreement with any finder, broker or consultant, or in any way obligated to any finder, broker or consultant for any commissions,
fees or expenses, in connection with the origin, negotiation, execution or performance of this Agreement.

 

3.6 Warranties. Buyer is relying
exclusively upon its own independent judgment and sole investigation concerning the subject matter of this Agreement. Buyer has
access to or has been provided with all public filings concerning the AIP that are filed within the United States of America or
Canada. Buyer has reviewed and understands said public filings.

 

3.7 Acceptance of Seller’s AIP

 

		(a)	The Buyer acknowledges that the Seller has only applied for the patents surrounding the AIP and that the patents are pending.

 

		(b)	The Buyer has had an opportunity to ask questions of and receive answers from the Seller or its representatives concerning
the AIP, all such questions have been answered to the full satisfaction of the Buyer and the Buyer has had the opportunity to request
and obtain any additional information the Buyer deemed necessary to verify or supplement the information contained therein.

 

 

(c) In regards to the AIP, Seller has reviewed
and understands the documents filed with all governmental agencies including but not limited to the United States Patent and Trademark
Office and the Canadian Intellectual Property Office.

 

(d) The Seller acknowledges that an investment
in the AIP involves substantial risks, and is fully aware of and understands all of the risk factors related to the acquisition
of the AIP

 

ARTICLE 4

 

COVENANTS

 

4.1 Confidentiality. In regards
to the AIP, Seller agrees that, from and after the Closing, except as otherwise consented to in writing by Buyer or to comply with
this Agreement or applicable Laws, Seller or any of its officers or co-owner investors will not directly or indirectly disclose
or use in a manner adverse to Buyer, any confidential information developed and /or related to Buyer’s operations or assets.

 

4.2 Further Assurances. After the
Closing, the Seller shall, from time to time, at the reasonable request of Buyer, and without further expense to Buyer, execute
and deliver such other instruments of conveyance and transfer (including powers of attorney) as Buyer may reasonably request, in
order to more effectively consummate the transactions contemplated hereby and to vest in Buyer good and marketable title to the
AIP.

 

ARTICLE 5

 

CONDITIONS TO CLOSING

 

5.1 Conditions to Seller’s Obligations.
The obligation of Seller to consummate the transactions contemplated by this Agreement is subject to the satisfaction (unless waived
in writing by Seller) of each of the following conditions on or prior to April 1, 2017, (the “Closing”).

 

(a) The representations and warranties
of Buyer contained in this Agreement shall be true and correct, without giving effect to any qualification as to materiality or
Material Adverse Effect (or any variation of such term) contained in any particular representation or warranty, on and as of, the
Closing with the same force and effect as though made on and as of the Closing, except to the extent any such breach together with
all other such breaches does not, or could not reasonably be expected to constitute a Material Adverse Effect. Buyer shall have
delivered to Seller a certificate of its President, a Vice President or Secretary, dated as of the Closing, to the foregoing effect

 

(b) Buyer shall have performed and complied
in all material respects with all covenants to be performed or complied with by it on or prior to the Closing. Buyer shall have
delivered to Seller a certificate of its President, a Vice President or Secretary, dated the Closing, to the foregoing effect;

 

		(c)	No Law shall have been enacted, issued, promulgated, enforced or entered which is in effect and has the effect of making the
sale of the AIP by Seller to Buyer or any of the other transaction contemplated by this Agreement illegal or otherwise restraining
or prohibiting the consummation of the sale of the AIP by Seller to Buyer or any of the other transactions contemplated by this
Agreement; and

 

		(d)	The consents, authorizations, approvals and waivers set on Schedule 5.l(d) annexed hereto shall have been obtained; and

 

		(e)	Issuance of the Seller Shares contemplated by this Agreement; and

 

		(f)	Delivery to and receipt by Seller of $750,000.00 in accordance with and as contemplated by this Agreement.

 

 

5.2 Conditions to Buyer's Obligations.
The obligation of Buyer to consummate the transactions contemplated by this Agreement is subject to the satisfaction (unless waived
in writing by Buyer) of each of the following conditions on or prior to the Closing:

 

		(a)	The representations and warranties of Seller contained in this Agreement shall be true and correct, without giving effect to
any qualification as to materiality or Material Adverse Effect (or any variation of such terms) contained in any particular representation
or warranty, on and as of the Closing with the same force and effect as though made on and as of the Closing, except to the extent
any such breach together with all other such breaches does not, or could not reasonably be expected to constitute a Material Adverse
Effect. Seller shall have delivered to Buyer a certificate of its President, a Vice President or Secretary, dated as of the Closing,
to the foregoing effect;

 

		(b)	Seller shall have performed and complied in all material respects with all covenants to be performed or complied with by it
on or prior to the Closing. Seller shall have delivered to Buyer a certificate of its President, a Vice President or Secretary,
dated the Closing, to the foregoing effect; and

 

		(c)	No Law shall have been enacted, issued, promulgated, enforced or entered which is in effect and has the effect of making the
sale of the Assets by Seller to Buyer or any of the other transaction contemplated by this Agreement illegal or otherwise restraining,
or prohibiting the consummation of the sale of the AIP by Seller to Buyer or any of the other transactions contemplated by this
Agreement

 

ARTICLE 6

 

TERMINATION

 

6.1 Termination. This Agreement
and the transactions contemplated hereby may be terminated in any of the following ways at any time before 1st day of
April, 2017, (the “Closing”) and in no other manner:

 

(a) By mutual written consent of Buyer,
and the Seller; or

 

(b) If the Closing shall not have occurred
on or before April 1, 2017;

 

6.2 Effect of Termination. In the
event this Agreement is terminated pursuant to Section 6.1, all further obligations of the parties hereunder shall terminate, except
for the obligations set forth in Sections (4.1) and (7.2), except that nothing in this Section 6.2 shall relieve any party hereto
of any liability for breach of this Agreement prior to such termination.

 

ARTICLE 7

 

MISCELLANEOUS

 

7.1 Amendment, Extension and Waiver.
Any provision of this Agreement may be amended or waived if, but only if, such amendment or waiver is in writing and is signed,
in the case of an amendment, by each party to this Agreement, or in the case of a waiver, by the party against whom the waiver
is to be effective. No failure or delay by any party in exercising any right, power or privilege hereunder shall operate as a waiver
thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any
other right, power or privilege.

 

7.2 Expenses. Each party shall pay
its own legal, accounting and other miscellaneous expenses incident to the negotiation, preparation and execution of this Agreement
and the consummation of the transactions contemplated by this Agreement.

 

7.3 Entire Agreement; No Third-Party
Beneficiaries. This Agreement, and the Exhibits and Schedules constitute the entire agreement and supersede all prior agreements
and understandings, both written and oral, among the parties with respect to the subject matter hereof.

 

7.4 Headings. The Article and Section
headings contained herein are for reference purposes only and shall not affect in any way the meaning or interpretation of this
Agreement.

 

7.5 Notices. All notices, requests,
demands and other communications made under or by reason of the provisions of this Agreement shall be in writing and shall be given
by hand delivery, overnight air courier or facsimile transmission to the parties at the addresses set forth below:

 

If to Bingham Canyon
Corp:

Bingham Canyon Corp.

Att: Gary Grieco, President

10457 W 84th
Terrace

Lenexa KS 66214

Email:
ggrieco1@aol.com

 

With a copy to:

Alfred V Greco, PLLC

199 Main Street (Ste 602)

White Plains, NY 10601

Tel: 914-682-3030

Fax: 914-682-3035

Email:
avglegal1@gmail.com

 

If to
Annihilyzer, Inc.:

616 Cypress Creek
Parkway, Suite 410

Houston, Texas 77090-3026

 

If to Diana Seifert:

711 New Pines Drive

Spring, Texas 77373

E-Mail:
diana.seifert@primeits.com

 

If to Marty Paris:

302 Cherry Street

Lincolnton, NC 28092

E-Mail:
marty.paris@annihilare.com

 

 

 

With a copy to:

 

			Buckley, White, Castaneda & Howell, LLP

			Att: Dan Castaneda, Esq.

			2401 Fountainview Drive, Suite 901

			Houston, Texas 77057

			Tel: 713-789-7700

			Fax: 713-789-7703

			Email: dcastaneda@bwchlaw.com

 

Any such notice, request, demand or other communication shall
be deemed to have been received (i) when delivered, if delivered by hand or sent by facsimile, (iii) sent by email with a confirming
copy sent via certified mail return receipt requested, or (iii) on the second (2nd) business day after dispatch, if sent by overnight
air courier.

 

7.6 Assignment. This Agreement shall
be binding upon and inure to the benefit of the parties hereto and their respective successors, legal representatives and assigns,
but this Agreement may not be assigned by any party without the written consent of the other parties.

 

7.7 Severability. Any term or provision
of this Agreement that is held by a court of competent jurisdiction or other authority to be invalid, void or unenforceable in
any situation in any jurisdiction shall not affect the validity or enforceability of the remaining terms and provisions hereof
or the validity or enforceability of the offending term or provision in any other situation or in any other jurisdiction. If the
final judgment of a court of competent jurisdiction or other authority declares that any term or provision hereof is invalid, void
or unenforceable, the parties agree that the court making such determination shall have the power to reduce the scope, duration,
area or applicability of the term or provision, to delete specific words or phrases, or to replace any invalid, void or unenforceable
term or provision with a term or provision that is valid and enforceable and that comes closest to expressing the intention of
the invalid or unenforceable term or provision.

 

7.8 Applicable Law. This Agreement
shall be governed by and construed and enforced in accordance with the internal laws of the State of Texas, without giving effect
to the conflict of laws provisions thereof.

 

7.9 Interpretation. When a reference
is made in this Agreement to Sections, such reference shall be to a Section of this Agreement unless otherwise indicated. Whenever
the words "include", "includes" or "including" are used in this Agreement they shall be deemed to
be followed by the words "without limitation." As used in this Agreement, the term "affiliate" shall have the
meaning set forth in Rule 12b-2 of the Securities Exchange Act of 1934, as amended. The words describing the singular number shall
include the plural and vice versa, and words denoting any gender shall include all genders and words denoting natural persons shall
include corporations and partnerships and vice versa.

 

7.10 Jurisdiction and Venue. THIS
AGREEMENT SHALL BE GOVERNED BY THE SUBSTANTIVE LAWS OF THE STATE OF TEXAS, WITHOUT REFERENCE TO CONFLICT OF LAWS PRINCIPLES. The
Parties hereby submit to the venue and jurisdiction of any State court or Federal court of the United States of America presiding
over or sitting in the city of Houston, Texas, United States of America, and any appellate court from any thereof, in any dispute,
action or proceeding arising out of or relating to this Agreement, and each of the Parties further agree that all claims in respect
of any dispute, action or proceeding may be heard and determined in such State court or, to the extent permitted by law, in such
Federal court. Each of the parties agree that a final judgment in any such dispute, 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. The below signatories further
agree to hereby irrevocably and unconditionally waive any defense of an inconvenient forum to the maintenance of any dispute, action
or proceeding and any right of jurisdiction on account of the place of residence or domicile.

 

7.11 Arbitration. It is the goal
of the parties to maintain, at all times, a constructive and positive relationship on the matters described above. However, should
any dispute arise between the parties relating to this Agreement, then the parties believe that a prompt and fair resolution is
in the interests of all concerned is in their best interest. To this end, if any dispute arises out of or relating to this Agreement
in connection with the above described matters, or any other matters related to this Agreement, then both parties agree to attempt
to resolve any dispute through informal negotiation. If the dispute cannot be promptly settled through informal negotiation, then
the parties agree as a condition precedent before pursuing any legal or equitable action (excluding matters that arise from legal
or equitable injunction[s]) to first try in good faith to settle the dispute by mediation administered by the American Arbitration
Association under its Commercial Mediation Procedures in effect at the time of the dispute before resorting to arbitration, litigation,
or some other dispute resolution procedure. If the dispute is not resolved via mediation, then the parties waive any right to bring
a court action or have a jury trial and agree that the dispute shall be submitted to binding arbitration to be conducted in the
city of Houston, Texas before the American Arbitration Association ("AAA") in accordance with the Commercial Arbitration
Rules of the AAA in effect at the time of the dispute and governed by the Texas General Arbitration Act (Texas Civil Practice &
Remedies Code Chapter 171 et. seq.) as it may be amended and construed by its courts. The parties further agree that the arbitrator(s)
selected will be Texas retired judges who presided over courts located within the State of Texas, that the arbitrator(s) will follow
the substantive law of the State of Texas, that the arbitrator(s) shall apply the facts concerning the dispute to that law, and
that a judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. The parties
further agree that the award shall be made within nine months of the filing of the notice of intention to arbitrate (demand), and
the arbitrator(s) shall agree to comply with this schedule before accepting appointment. However, this time limit may be extended
by agreement of the parties or by the arbitrator(s) if necessary.

 

7.12 Specific Performance. Each
of the parties acknowledges and agrees that the other party would be damaged irreparably in the event the above section 7.11 of
this Agreement is not complied with in accordance with those specific terms or otherwise is breached. Accordingly, each of the
parties agrees that the other party shall be entitled to seek an injunction or injunctions to prevent breaches of section 7.11
(Arbitration) of this Agreement and to enforce specifically section 7.11 of this Agreement and the terms and provisions hereof,
in addition to any other remedy to which it may be entitled, at law or in equity.

 

7.13 Counterparts. This Agreement
may be executed simultaneously in several counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

 

ARTICLE 8

 

CERTAIN DEFINITIONS

 

As used in this Agreement, the following terms shall have the
following meanings:

 

"Act" means the Securities Act of 1933, as amended.

 

"Intellectual Property" means all patents and patent
rights, trademarks and trademark rights, trade names and trade name rights, service marks and service mark rights, brand names,
inventions, copyrights and copyright rights, processes, formulae, trade dress, business and product names, logos, slogans, trade
secrets, industrial models, patterns, designs, methodologies, computer programs and related documentation, technical information,
manufacturing, engineering and technical drawings and all pending applications for and registrations of patents, trademarks, service
marks and copyrights.

 

"Liabilities" means any and all debts, losses, expenses,
liabilities, damages, fines, costs, royalties, proceedings, deficiencies or obligations of any nature (whether known or unknown,
asserted or unasserted, absolute or contingent, accrued or unaccrued, liquidated or unliquidated, due or to become due, and whether
or not resulting from third-party claims) and any out-of-pocket costs and expenses (including attorneys, accountants or other fees)
including any liability for taxes.

 

"Liens" means all mortgages, pledges, security interests,
deeds of trust, liens, charges, options, conditional sales contracts, restrictions, easements, rights of way, title defects or
other encumbrances or restrictions of any nature whatsoever.

 

"Material Adverse Effect" means any event, change,
development, effect or occurrence that has a material adverse effect on (i) the business, customers, operations, properties, condition
(financial or otherwise), assets or Liabilities of

either party, or (ii) the ability of either party to consummate
the transactions contemplated by this Agreement.

 

"Person" means any corporation, individual, joint stock
company, joint venture, partnership, limited liability company, unincorporated association, Governmental Authority, country, state
or political subdivision thereof, trust or other entity.

 

"Seller’s Shares" means the 1,500,000 shares
of fully paid and non-assessable restricted common stock delivered and issued to Annihilyzer, Inc., as a portion of the Purchase
Price.

 

"Seller's Knowledge" or "Knowledge of Seller"
means the actual knowledge of

Annihilyzer, Inc.

 

“Tax” or “Taxes” refers to any and all
federal, state, local and foreign taxes, including, without limitation, gross receipts, income, profits, sales, use, occupation,
value added, ad valorem, transfer, franchise, withholding, payroll, recapture, employment, excise and property taxes, assessments,
governmental charges and duties together with all interest, penalties and additions imposed with respect to any such amounts and
any obligations under any agreements or arrangements with any other person with respect to any such amounts and including any liability
of a predecessor entity for any such amounts.

 

In Witness Whereof, the parties have set forth their signatures and seal
this [29]

day of November, 2016.

 

 

	Bingham Canyon Corporation	Annihilyzer, Inc.
	By/s/ Gary Grieco          	By /s/ Marty Paris          
	     Gary Grieco, President	     Marty Paris, Director

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00269-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00269-of-00352.parquet"}]]