Document:

Exhibit 10.1

 

NEITHER
THIS NOTE NOR THE SECURITIES INTO WHICH THIS NOTE IS CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”) OR ANY STATE SECURITIES LAWS AND NEITHER THIS NOTE NOR ANY INTEREST THEREIN NOR THE SECURITIES INTO WHICH
THIS NOTE IS CONVERTIBLE MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION
STATEMENT UNDER SUCH ACT AND SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS.

 

CONVERTIBLE
PROMISSORY NOTE

 

	Principal
    Amount: $75,000.00	Issue
    Date: February 5, 2021
	 	Maturity
    Date: February 5, 2022

 

For
good and valuable consideration, Deep Green Waste & Recycling, Inc., a Wyoming corporation (“Maker”),
hereby makes and delivers this Promissory Note (this “Note”) in favor of GPL Ventures LLC, or its assigns
(“Holder”), and hereby agrees as follows:

 

ARTICLE
I. 

PRINCIPAL AND INTEREST

 

Section
1.1 For value received, Maker promises to pay to Holder at such place as Holder or its assigns may designate in writing,
in currently available funds of the United States, the principal Amount of Seventy Five Thousand Dollars ($75,000.00).
Maker’s obligation under this Note shall accrue interest at the rate of ten percent (10.0%) per annum from the date
hereof until paid in full. Interest shall be computed on the basis of a 365-day year or 366-day year, as applicable, and actual
days lapsed. Accrual of interest shall commence on the first business day to occur after the Issue Date and continue until payment
in full of the Principal Amount has been made or duly provided for.

 

Section
1.2

 

a.
All payments
shall be applied first to interest,
then to principal and shall be
credited to the Maker’s account on the date that such payment is physically received by the Holder.

 

b.
All principal
and accrued interest
then outstanding shall be due and payable by the Maker
to the Holder on or before
February 5, 2022 (the “Maturity Date”).

 

c.
Maker shall have no right to prepay all or any
part of the principal under this Note.

 

d.
This Note is free from all taxes, liens, claims
and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders
of the Maker and will not impose personal liability upon the holder thereof.

 

    	1

     

    

 

Section
1.3 This Note is issued solely for value received, paid by Holder to Maker by wire (“Consideration”). The Principal
Amount due to Holder shall be prorated based on the consideration actually paid by Holder to Maker, such that the Maker is only
required to repay the amount of consideration and the Maker is not required to repay any unfunded portion of this Note.

 

ARTICLE
II.

CONVERSION
RIGHTS; CONVERSION PRICE

 

Section
2.1 Conversion. The Holder or its assigns shall have the right, from time to time, commencing on the Issuance Date of this
Note, to convert any part of the outstanding interest or Principal Amount of this Note into fully paid and non-assessable shares
of Common Stock of the Maker (the “Notice Shares”) at the Conversion Price determined as provided herein. Promptly
after delivery to Maker of a Notice of Conversion of Convertible Note in the forms attached hereto as Exhibit 1, or any
other form provided by the Holder, properly completed and duly executed by the Holder or its assigns (a “Conversion Notice”),
the Maker shall issue and deliver to or upon the order of the Holder that number of shares of Common Stock for the that portion
of this Note to be converted as shall be determined in accordance herewith.

 

No
fraction of a share or scrip representing a fraction of a share will be issued on conversion, but the number of shares issuable
shall be rounded to the nearest whole share. The date on which Notice of Conversion is given (the “Conversion Date”)
shall be deemed to be the date on which the Holder faxes, mails or emails the Notice of Conversion duly executed to the Maker.
Certificates representing Common Stock upon conversion will be delivered to the Holder within two (2) trading days from the date
the Notice of Conversion is delivered to the Maker. Delivery of shares upon conversion shall be made to the address specified
by the Holder or its assigns in the Notice of Conversion.

 

Section
2.2. Conversion Price. Upon any conversion of this Note, the Conversion Price shall equal to the lesser of a) $0.01 or b)
Sixty Percent (60%) of the lowest Trading Price (defined below) during the Valuation Period (defined below), and the Conversion
Amount shall be the amount of principal or interest electively converted in the Conversion Notice. The total number of shares
due under any conversion notice (“Notice Shares”) will be equal to the Conversion Amount divided by the Conversion
Price.

 

On
the date that a Conversion Notice is delivered to Holder, the Company shall deliver an estimated number of shares (“Estimated
Shares”) to Holder’s brokerage account equal to the Conversion Amount divided by the lesser of a) $0.01 or b) 60%
of the Market Price. “Market Price” shall mean the lowest of the daily Trading Price for the Common Stock during the
twenty (20) Trading Day period ending on the latest complete Trading Day prior to the Conversion Date.

 

The
“Valuation Period” shall mean twenty (20) Trading Days, commencing on the first Trading Day following delivery and
clearing of the Notice Shares in Holder’s brokerage account, as reported by Holder (“Valuation Start Date”).
If at any time, one or multiple times, during the Valuation Period the number of Estimated Shares delivered to Holder is less
than the Notice Shares, the company must immediately deliver enough shares equal to the difference. A Conversion Amount will not
be considered fully converted until the end of the Valuation Period for that Conversion Amount.

 

    	2

     

    

 

“Trading
Price” means, for any security as of any date, any trading price on the OTC Markets, or other applicable trading market
(the “OTCBB”) as reported by a reliable reporting service (“Reporting Service”) mutually acceptable to
Maker and Holder (i.e. Bloomberg) or, if the OTCBB is not the principal trading market for such security, the price of such security
on the principal securities exchange or trading market where such security is listed or traded. “Trading Day” shall
mean any day on which the Common Stock is tradable for any period on the OTCBB, or on the principal securities exchange or other
securities market on which the Common Stock is then being traded.

 

Section
2.2.5. Pending Legislation. As of the Issue Date hereof, proposed legislation exists, namely proposed amendments to Rule 144(d)(3)(ii)
proposed on December 22, 2020 in SEC Release 2020-336, that would fundamentally change the economic terms of this Note. In the
event the rule becomes law and becomes effective while any amounts are outstanding under this Note, Section 2.2 hereof shall be
automatically amended to contain only a fixed conversion price of $0.01 per share. In the event that the Borrower is in default
of any of the provisions of the Note or other Transaction Documents, and the Company has not cured said default within five (5)
calendar days, the fixed conversion price shall be reduced to $0.005 per share (the “Default Fixed Price”) in addition
to any other principal adjustments, default interest, or other remedies available to it under law. In the event the final rule,
or any other combination of final rules, make this provision inoperable, invalid, or otherwise have an effect that changes the
economics of the transactions contemplated hereby, the pertinent clause or mechanic of operation shall be stricken and only the
fixed price provision shall remain.

 

Section
2.3. Reorganization, Reclassification, Merger, Consolidation or Disposition of Assets. In case the Maker shall reorganize
its capital, reclassify its capital stock, consolidate or merge with or into another corporation (where the Maker is not the surviving
corporation or where there is a change in or distribution with respect to the Common Stock of the Maker), or sell, transfer or
otherwise dispose of all or substantially all its property, assets or business to another corporation and, pursuant to the terms
of such reorganization, reclassification, merger, consolidation or disposition of assets, shares of common stock of the successor
or acquiring corporation, or any cash, shares of stock or other securities or property of any nature whatsoever (including warrants
or other subscription or purchase rights) in addition to or in lieu of common stock of the successor or acquiring corporation
(“Other Property”), are to be received by or distributed to the holders of Common Stock of the Maker, then Holder
shall have the right thereafter to receive, upon conversion of this Note, the number of shares of common stock of the successor
or acquiring corporation or of the Maker, if it is the surviving corporation, and Other Property receivable upon or as a result
of such reorganization, reclassification, merger, consolidation or disposition of assets by a holder of the number of shares of
Common Stock into which this Note is convertible immediately prior to such event. In case of any such reorganization, reclassification,
merger, consolidation or disposition of assets, the successor or acquiring corporation (if other than the Maker) shall expressly
asAmounte the due and punctual observance and performance of each and every covenant and condition of this Note to be performed
and observed by the Maker and all the obligations and liabilities hereunder, subject to such modifications as may be deemed appropriate
(as determined in good faith by resolution of the Board of Directors of the Maker) in order to provide for adjustments of the
number of shares of common stock into which this Note is convertible which shall be as nearly equivalent as practicable to the
adjustments provided for in this Section 2.3(a). For purposes of this Section 2.3(a), “common stock of the successor or
acquiring corporation” shall include stock of such corporation of any class which is not preferred as to dividends or assets
over any other class of stock of such corporation and which is not subject to redemption and shall also include any evidences
of indebtedness, shares of stock or other securities which are convertible into or exchangeable for any such stock, either immediately
or upon the arrival of a specified date or the happening of a specified event and any warrants or other rights to subscribe for
or purchase any such stock. The foregoing provisions of this Section 2.3(a) shall similarly apply to successive reorganizations,
reclassifications, mergers, consolidations or disposition of assets.

 

    	3

     

    

 

Section
2.4. Restrictions on Securities. This Note has been issued by the Maker pursuant to the exemption from registration
under the Securities Act of 1933, as amended (the “Act”). None of this Note or the shares of Common Stock issuable
upon conversion of this Note may be offered, sold or otherwise transferred unless (i) they first shall have been registered under
the Act and applicable state securities laws or (ii) the Maker shall have been furnished with an opinion of legal counsel (in
form, substance and scope reasonably acceptable to Maker) to the effect that such sale or transfer is exempt from the registration
requirements of the Act. Each certificate for shares of Common Stock issuable upon conversion of this Note that have not been
so registered and that have not been sold pursuant to an exemption that permits removal of the applicable legend, shall bear a
legend substantially in the following form, as appropriate:

 

THE
SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”). THE SECURITIES
REPRESENTED HEREBY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED UNLESS THEY ARE REGISTERED UNDER THE ACT AND APPLICABLE STATE
SECURITIES LAWS, OR SUCH OFFERS, SALES AND TRANSFERS ARE MADE PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS
OF THOSE LAWS.

 

Upon
the request of a holder of a certificate representing any shares of Common Stock issuable upon conversion of this Note, the Maker
shall remove the foregoing legend from the certificate or issue to such Holder a new certificate free of any transfer legend,
if (a) with such request, the Maker shall have received an opinion of counsel, reasonably satisfactory to the Maker in form, substance
and scope, to the effect that any such legend may be removed from such certificate or (b) a registration statement under the Act
covering such securities is in effect.

 

Section
2.5. Reservation of Common Stock.

 

(a)
The Maker covenants that during the period the
Note is outstanding, it will reserve from its authorized and unissued Common Stock a sufficient number of shares to provide for
the issuance of Common Stock of the Maker upon the Conversion of the Note. The Maker further covenants that its issuance of this
Note shall constitute full authority to its officers who are charged with the duty of executing stock certificates to execute
and issue the necessary certificates for shares of Common Stock of the Maker issuable upon the conversion of this Note. The Maker
will take all such reasonable action as may be necessary to assure that such shares of Common Stock may be issued as provided
herein without violation of any applicable law or regulation, or of any requirements of the OTC Bulletin Board (or such other
principal market upon which the Common Stock of the Maker may be listed or quoted).

 

(b)
The Maker shall not by any action, including,
without limitation, amending its certificate of incorporation or through any reorganization, transfer of assets, consolidation,
merger, dissolution, issue or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance
of any of the terms of this Note, but will at all times in good faith assist in the carrying out of all such terms and in the
taking of all such actions as may be necessary or appropriate to protect the rights of Holder against impairment. Without limiting
the generality of the foregoing, the Maker will (a) not increase the par value of any shares of Common Stock issuable upon the
conversion of this Note above the amount payable therefor upon such conversion immediately prior to such increase in par value,
(b) take all such action as may be necessary or appropriate in order that the Maker may validly and legally issue fully paid and
nonassessable shares of Common Stock upon the conversion of this Note, and (c) use its best efforts to obtain all such authorizations,
exemptions or consents from any public regulatory body having jurisdiction thereof as may be necessary to enable the Maker to
perform its obligations under this Note.

 

    	4

     

    

 

(c)
Upon the request of Holder, the Maker will at
any time during the period this Note is outstanding acknowledge in writing, in form reasonably satisfactory to Holder, the continuing
validity of this Note and the obligations of the Maker hereunder.

 

(d)
Before taking any action which would cause an
adjustment reducing the current Conversion Price below the then par value, if any, of the shares of Common Stock issuable upon
conversion of the Notes, the Maker shall take any corporate action which may be necessary in order that the Maker may validly
and legally issue fully paid and non-assessable shares of such Common Stock at such adjusted Conversion Price.

 

(e)
Before taking any action which would result in
an adjustment in the number of shares of Common Stock into which this Note is convertible or in the Conversion Price, the Maker
shall obtain all such authorizations or exemptions thereof, or consents thereto, as may be necessary from any public regulatory
body or bodies having jurisdiction thereof.

 

(f)
If at any time the Maker does not have a sufficient
number of authorized and available shares of Common Stock for issuance upon conversion of the Note, then the Maker shall call
and hold a special meeting of its stockholders within forty-five (45) days of that time for the sole purpose of increasing the
number of authorized shares of Common Stock.

 

Section
2.6. Maximum Conversion.

 

The
Holder shall not be entitled to convert on a Conversion Date that amount of the Notes in connection with that number of shares
of Common Stock which would be in excess of the Amount of (i) the number of shares of Common Stock beneficially owned by the Holder
and its affiliates on Conversation Date, and (ii) the number of shares of Common Stock issuable upon the conversion of the Notes
with respect to which the determination of this provision is being made on a Conversion Date, which would result in beneficial
ownership by the Holder and its Affiliates of more than 9.99% of the outstanding shares of Common Stock of the Company on such
Conversion Date. For the purposes of the provision to the immediately preceding sentence, beneficial ownership shall be determined
in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder.

 

    	5

     

    

 

ARTICLE
III.

REPRESENTATIONS
AND WARRANTIES

 

Section
3.1. The Holder represents and warrants to the Maker:

 

(a)
The Holder of this Note, by acceptance hereof,
agrees that this Note is being acquired for investment and that such Holder will not offer, sell or otherwise dispose of this
Note or the Common Stock issuable upon conversion hereof except under circumstances that will not result in a violation of the
Act or any application state securities laws or similar laws relating to the sale of securities;

 

(b)
That Holder understands that none of this Note
or the Common Stock issuable upon conversion hereof have been registered under the Securities Act of 1933, as amended (the “Act”),
in reliance upon the exemptions from the registration provisions of the Act and any continued reliance on such exemption is predicated
on the representations of the Holder set forth herein;

 

(c)
Holder (i) has adequate means of providing for
his current needs and possible contingencies, (ii) has no need for liquidity in this investment, (iii) is able to bear the substantial
economic risks of an investment in this Note for an indefinite period, (iv) at the present time, can afford a complete loss of
such investment, and (v) does not have an overall commitment to investments which are not readily marketable that is disproportionate
to Holder’s net worth, and Holder’s investment in this Note will not cause such overall commitment to become excessive;

 

(d)
Holder is an “accredited investor”
(as defined in Regulation D promulgated under the Act) and the Holder’s total investment in this Note does not exceed
10% of the Holder’s net worth; and

 

(e)
Holder recognizes that an investment in the Maker
involves significant risks and only investors who can afford the loss of their entire investment should consider investing in
the Maker and this Note.

 

Section
3.2 The Maker represents and warrants to Holder:

 

(a)
Organization and Qualification. The Maker
and each of its Subsidiaries (as defined below), if any, is a corporation duly organized, validly existing and in good standing
under the laws of the jurisdiction in which it is incorporated, with full power and authority (corporate and other) to own, lease,
use and operate its properties and to carry on its business as and where now owned, leased, used, operated and conducted. The
Maker and each of its Subsidiaries is duly qualified as a foreign corporation to do business and is in good standing in every
jurisdiction in which its ownership or use of property or the nature of the business conducted by it makes such qualification
necessary except where the failure to be so qualified or in good standing would not
have a Material Adverse Effect. “Material Adverse Effect” means any material adverse effect on the business, operations,
assets, financial condition or prospects of the Maker or its Subsidiaries, if any, taken as a whole, or on the transactions contemplated
hereby or by the agreements or instruments to be entered into in connection herewith. “Subsidiaries” means any corporation
or other organization, whether incorporated or unincorporated, in which the Maker owns, directly or indirectly, any equity or
other ownership interest.

 

    	6

     

    

 

(b)
Authorization; Enforcement. (i) The Maker
has all requisite corporate power and authority to enter into and perform this Note and to consummate the transactions contemplated
hereby and thereby and to issue the Common Stock, in accordance with the terms hereof, (ii) the execution and delivery of this
Note by the Maker and the consummation by it of the transactions contemplated hereby and thereby (including without limitation,
the issuance of the Note and the issuance and reservation for issuance of the Common Stock issuable upon conversion or exercise
hereof) have been duly authorized by the Maker’s Board of Directors and no further consent or authorization of the Maker,
its Board of Directors, or its shareholders is required, (iii) this Note has been duly executed and delivered by the Maker by
its authorized representative, and such authorized representative is the true and official representative with authority to sign
this Note and the other documents executed in connection herewith and bind the Maker accordingly, and (iv) this Note constitutes,
a legal, valid and binding obligation of the Maker enforceable against the Maker in accordance with its terms.

 

(c)
Issuance of Shares. The Notice Shares
are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its respective terms, will be
validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue
thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Maker and will not impose
personal liability upon the holder thereof.

 

(d)
Acknowledgment of Dilution. The Maker
understands and acknowledges the potentially dilutive effect to the Common Stock upon the issuance of the Notice Shares upon conversion
of this Note. The Maker further acknowledges that its obligation to issue Notice Shares upon conversion of this Note is absolute
and unconditional regardless of the dilutive effect that such issuance may have on the ownership interests of other shareholders
of the Maker.

 

(e)
Acknowledgement of Current Financial Statements.
The Maker acknowledges that during the existence of this Note, it will not be late or delinquent in filing its financial statements
with the requisite reporting bodies.

 

ARTICLE
IV.

EVENTS
OF DEFAULT

 

Section
4.1. Default. The following events shall be defaults under this Note: (“Events of Default”):

 

(a)
default in the due and punctual payment of all
or any part of any payment of interest or the Principal Amount as and when such amount or such part thereof shall become due and
payable hereunder; or

 

(b)
failure on the part of the Maker duly to observe
or perform in all material respects any of the covenants or agreements on the part of the Maker contained herein (other than those
covered by clause (a) above) for a period of 5 business days after the date on which written notice specifying such failure, stating
that such notice is a “Notice of Default” hereunder and demanding that the Maker remedy the same, shall have been
given by the Holder by registered or certified mail, return receipt requested, to the Maker; or

 

    	7

     

    

 

(c)
any representation, warranty or statement of
fact made by the Maker herein when made or deemed to have been made, false or misleading in any material respect; provided,
however, that such failure shall not result in an Event of Default to the extent it is corrected by the Maker within a
period of 5 business days after the date on which written notice specifying such failure, stating that such notice is a “Notice
of Default” hereunder and demanding that the Maker remedy same, shall have been given by the Holder by registered or certified
mail, return receipt requested; or

 

(d)
any of the following actions by the Maker pursuant
to or within the meaning title 11, U.S. Code or any similar federal or state law for the relief of debtors (collectively, the
“Bankruptcy Law”): (A) commencement of a voluntary case or proceeding, (B) consent to the entry of an order for relief
against it in an involuntary case or proceeding, (C) consents to the appointment of a receiver, trustee, assignee, liquidator
or similar official under any Bankruptcy Law (each, a “Custodian”), of it or for all or substantially all of its property,
(D) a general assignment for the benefit of its creditors, or (E) admission in writing its inability to pay its debts as the same
become due; or

 

(e)
entry by a court of competent jurisdiction of
an order or decree under any Bankruptcy Law that: (A) is for relief against the Maker in an involuntary case, (B) appoints a Custodian
of the Maker or for all or substantially all of the property of the Maker, or (C) orders the liquidation of the Maker, and such
order or decree remains unstayed and in effect for 60 days.

 

Section
4.2. Remedies Upon Default. Upon the occurrence of an event of default by Maker under this Note or at any
time before default when the Holder
reasonably feels insecure, then,
in addition to all other rights and remedies at law or in equity, Holder may exercise any one or more of the following rights
and remedies:

 

a.
Accelerate the time for payment of all amounts
payable under this Note by written notice thereof to Maker, whereupon all such amounts shall be immediately due and payable.

 

b.
Pursue any other rights or remedies available
to Holder at law or in equity.

 

c.
The Holder shall receive Liquidated Damages of
$500 per day per Event of Default the Maker is in Default pursuant to this Note.

 

Section
4.3. Payment of Costs. The Maker shall reimburse the Holder, on demand, for any and all reasonable costs and expenses,
including reasonable attorneys’ fees and disbursement and court costs, incurred by the Holder in collecting or otherwise
enforcing this Note or in attempting to collect or enforce this Note.

 

Section
4.4. Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default. No right or remedy herein conferred upon
or reserved to the Holder is intended to be exclusive of any other right or remedy available to Holder under applicable law, and
every such right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy
given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy
hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. No
delay or omission of the Holder to exercise any right or power accruing upon any Default occurring and continuing as aforesaid
shall impair any such right or power or shall be construed to be a waiver of any such Default or an acquiescence therein; and
every power and remedy given by this Note or by law may be exercised from time to time, and as often as shall be deemed expedient,
by the Holder.

 

    	8

     

    

 

Section
4.5. Waiver of Past Defaults. The Holder may waive any past default or Event of Default hereunder and its consequences
but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

 

Section
4.6. Waiver of Presentment etc. The Maker hereby waives presentment, demand, notice, protest and all other demands
and notices in connection with the delivery, acceptance, performance and enforcement of this Note, except as specifically provided
herein.

 

ARTICLE
V.

MISCELLANEOUS

 

Section
5.1. Notices. Any notice herein required or permitted to be given shall be in writing and may be personally served
or delivered by courier or sent by United States mail and shall be deemed to have been given upon receipt if personally served
(which shall include telephone line facsimile transmission) or sent by courier or three (3) days after being deposited in the
United States mail, certified, with postage pre-paid and properly addressed, if sent by mail. For the purposes hereof, the address
of the Holder shall be One Penn Plaza, Suite 6196, New York, NY 10119; and the address of the Maker shall be 13110 NE 177th Place,
#293, Woodinville, WA 9872. Both the Holder or its assigns and the Maker may change the address for service by delivery of written
notice to the other as herein provided.

 

Section
5.2. Amendment. This Note and any provision hereof may be amended only by an instrument in writing signed by the Maker
and the Holder.

 

Section
5.3. Assignability. This Note shall be binding upon the Maker and its successors and assigns and shall inure to be
the benefit of the Holder and its successors and assigns; provided, however, that so long as no Event of Default has occurred,
this Note shall only be transferable in whole subject to the restrictions contained in the restrictive legend on the first page
of this Note.

 

Section
5.4. Governing Law. This Note shall be governed by the internal laws of the State of New York, without regard to conflicts
of laws principles.

 

Section
5.5. Replacement of Note. The Maker covenants that upon receipt by the Maker of evidence reasonably satisfactory to
it of the loss, theft, destruction or mutilation of this Note, and in case of loss, theft or destruction, of indemnity or security
reasonably satisfactory to it (which shall not include the posting of any bond), and upon surrender and cancellation of such Note,
if mutilated, the Maker will make and deliver a new Note of like tenor.

 

Section
5.6. This Note shall not entitle the Holder to any of the rights of a stockholder of the Maker, including without limitation,
the right to vote, to receive dividends and other distributions, or to receive any notice of, or to attend, meetings of stockholder
or any other proceedings of the Maker, unless and to the extent converted into shares of Common Stock in accordance with the terms
hereof.

 

    	9

     

    

 

Section
5.7. Severability. In case any provision of this Note is held by a court of competent jurisdiction to be excessive
in scope or otherwise invalid or unenforceable, such provision shall be adjusted rather than voided, if possible, so that it is
enforceable to the maximum extent possible, and the validity and enforceability of the remaining provisions of this Note will
not in any way be affected or impaired thereby.

 

Section
5.8. Low-Priced Security The Conversion Price Discount is subject to Low-Priced Security adjustments (the “Low-Priced
Security Adjustment”) due to, but not limited to, the increased volatility, potential lack of liquidity, and increased transaction
costs that arise if and when the Trading Price of the Maker’s common stock falls or is below certain levels, in addition
to other Conditions. If the Trading Price at any point during the 20 Trading Days prior to Conversion is:

 

(i)
below $0.01, then the Conversion Price shall be $0.001. The Low-Priced Security Adjustment is cumulative and in addition to any
other adjustments or Conditions specified within this Note or available under applicable law, but not subject to reverse stock
splits.

 

Section
5.9. Headings. The headings of the sections of this Note are inserted for convenience only and do not affect the meaning
of such section.

 

Section
5.10. Counterparts. This Note may be executed in multiple counterparts, each of which shall be an original, but all
of which shall be deemed to constitute one instrument.

 

    	10

     

    

 

IN
WITNESS WHEREOF, with the intent to be legally bound hereby, the Maker as executed this Note as of the date first written above.

 

	Deep
    Green Waste & Recycling, Inc.	 
	 	 	 
	 	 
	By: 	Lloyd
    Spencer	 
	Its:	CEO	 
	 	 	 
	Acknowledged
    and Agreed:	 
	 	 
	GPL
    Ventures LLC.	 
	 	 	 
	 	 
	By:	Alexander
    Dillon	 
	Its:	Partner	 

 

    	11

     

    

 

EXHIBIT
1

 

CONVERSION
NOTICE

 

 

 

(To
be executed by the Holder in order to Convert the Note)

 

TO:

 

The
undersigned hereby irrevocably elects to convert US$_________ of the Principal Amount of the above Note into Shares of
Common Stock of Deep Green Waste & Recycling, Inc., according to the conditions stated therein, as of the Conversion Date
written below. If shares are to be issued in the name of a person other than the undersigned, the undersigned will pay all transfer
taxes payable with respect thereto and is delivering herewith such certificates and opinions as reasonably requested by the Maker
in accordance therewith. No fee will be charged to the Holder for any conversion, except for such transfer taxes, if any.

 

	Conversion
Date:	 	 

 

Applicable
Conversion Price: $___________

 

	Signature:	 	 
	 	 	 
	Name:	 	 
	 	 	 
	Address:	 	 
	 	 	 
	 	 	 
	 	 	 
	Tax
    I.D. or Soc. Sec. No:	 	 

 

Principal
Amount to be converted:

US$_______________________________________

 

Amount
of Note unconverted:

US$_______________________________________

 

	Number
    of shares of Common Stock to be issued:	 	 

 

    	12

     

    

 

Insert
Checks / Proof of Wire Here

 

    	13

     

    

 

CORPORATE
RESOLUTION OF THE

BOARD
OF DIRECTORS OF DEEP GREEN WASTE & RECYCLING, INC.

 

We,
the undersigned, do hereby certify that at a meeting of the Board of Directors of Deep Green Waste & Recycling, Inc., a Wyoming
corporation organized under the laws of the State of Wyoming (the “Corporation”), duly held on February 5, 2021 at
the offices of the Corporation, which said meeting no less than two directors were present and voting throughout, the following
resolution, upon motions made, seconded and carried, was duly adopted and is now in full force and effect:

 

WHEREAS,
the Board of Directors of the Corporation deem it in the best interests of the Corporation to enter into the Convertible Promissory
Note dated February 5, 2021 (the “Note”), in the aggregate principal amounts of DGWR (the “Note”), convertible
into shares of common stock, par value $0.001 per share, of the Company (the “Common Stock”), upon the terms and subject
to the limitations and conditions set forth in such Note, along with an irrevocable letter agreement with Transfer Online, Inc.
the Corporation’s transfer agent, with respect to the reserve of shares of common stock of the Corporation to be issued
upon any conversion of the Note; the issuance of such shares of common stock in connection with a conversion of the Note; and
the indemnification of Transfer Online, Inc. for all loss, liability, or expense in carrying out the authority and direction contained
in the irrevocable letter agreement (the “Letter Agreement”);

 

NOW,
THEREFORE, BE IT:

 

RESOLVED,
that the Corporation is hereby authorized to enter into the Agreement, the Note and the Letter Agreement which provides in pertinent
part: (i) reserve shares of common stock of the Corporation to be issued upon any conversion of the Note; (ii) issue such shares
of common stock in connection with a conversion of the Note (issuance upon receipt of a notice of conversion of the holder of
the Note) without any further action or confirmation by the Corporation; (iii) hereby authorizes the issuance of such number of
shares as will be necessary to fully convert the note under its terms, including issuances subsequent to the initial conversion
and/or those due under Section 2.2 of the Note, and any such shares shall be considered fully paid and non-assessable at the time
of their issuance, hereby authorizes the Corporation to enter into the Registration Rights Agreement dated as of February 5, 2021
and (iv) the Corporation indemnifies Transfer Online, Inc., liability, or expense in carrying out the authority and direction
contained in the Letter Agreement:

 

RESOLVED,
that any executive officer of the Corporation be, and hereby is, authorized, empowered and directed, from time to time, to take
such additional action and to execute, certify and deliver to the transfer agent of the Corporation, as any appropriate or proper
to implement the provisions of the foregoing resolutions:

 

The
undersigned, do hereby certify that we are members of the Board of Directors of the Corporation; that the attached is a true and
correct copy of resolutions duly adopted and ratified at a meeting of the Board of Directors of the Corporation duly convened
and held in accordance with its by- laws and the laws of the State of Wyoming, as transcribed by us from the minutes; and that
the same have not in any way been modified, repealed or rescinded and are in full force and effect.

 

IN
WITNESS WHEREOF, We have hereunto set our hands as CEO and Members of the Board of Directors of the Corporation.

 

Dated: ___________________

Members
of the Board:

 

	 	 	 	 
	Title:	 	Title:	 
	 	 	 	 
	 	 	 	 
	Title:	 	Title:	 

 

    	 

     

    

 

Transfer
Online, Inc.

Attention:
Transfer Department

512
SE Salmon Street

Portland,
OR 97214

 

February
5, 2021

 

Ladies
and Gentlemen:

 

Deep
Green Waste & Recycling, Inc., a Wyoming corporation (the “Company”) and GPL Ventures LLC (the “Investor”)
have entered into a Securities Purchase Agreement (the “Agreement”) dated as February 5, 2021, providing for the issuance
of the Convertible Promissory Notes in the principal amount of $75,000.00 (the “Notes”).

 

A
copy of the Notes is attached hereto. You should familiarize yourself with your issuance and delivery obligations, as Transfer
Agent, contained therein. The shares to be issued are to be registered in the names of the registered holder of the securities
submitted for conversion or exercise.

 

You
are hereby irrevocably authorized and instructed to reserve a sufficient number of shares of common stock (“Common Stock”)
of the Company (initially, 20,000,000 shares of Common Stock for the subject Notes) for issuance upon full conversion of the convertible
promissory notes referenced herein in accordance with the terms thereof.

 

The
ability to convert the Notes in a timely manner is a material obligation of the Company pursuant to the Agreement and the Notes.
Your firm is hereby irrevocably authorized and instructed to issue shares of Common Stock of the Company (without any restrictive
legend) to the Investor without any further action or confirmation by the Company (from the Company’s authorized but unissued
treasury shares, but in the event there are insufficient treasury shares of Common
Stock to accommodate a Conversion Notice (defined below) your firm and the Company agree that the Conversion Notice should be
completed using of Common Stock that the Company has reserved for the Investor) by either (i) electronically by crediting the
account of a Prime Broker with the Depository Trust Company through its Deposit Withdrawal Agent Commission system, provided that
the Company has been made FAST/DRS eligible by DTCC (DWAC), or (ii) in certificated form without any legend which would restrict
the transfer of the shares, and you should remove all stop-transfer instructions relating to such shares: (A) upon your receipt
from the Investor dated within 90 days from the date of the issuance or transfer request, of: (i) a notice of conversion (“Conversion
Notice”) executed by the Investor (for either the initial share issuance or subsequent share issuances, including those
pursuant to Section 2.2 of the Note); and (ii) an opinion of counsel of the Investor, in form, substance and scope customary for
opinions of counsel in comparable transactions (and satisfactory to the transfer agent), to the effect that the shares of Common
Stock of the Company issued to the Investor pursuant to the Conversion Notice are not “restricted securities” as defined
in Rule 144 and should be issued to the Investor without any restrictive legend; and (B) the number of shares to be issued is
less than 9.99% of the total issued common stock of the Company.

 

The
Company hereby requests that your firm act immediately, without delay and without the need for any action or confirmation by the
Company with respect to the issuance of Common Stock pursuant to any Conversion Notices received from the Investor (for either
the initial share issuance or subsequent share issuances, including those pursuant to Section 2.2 of the Note). Additionally,
the Company hereby requests that upon the Investor’s request, your firm provide them with the share structure of the Company,
including issued and outstanding, authorized, and public float.

 

    	15

     

    

 

The
Investor and the Company understands that Transfer Online, Inc. shall not be required to perform any issuances or transfers of
shares if (a) the Company or request violates, or be in violation of, any terms of the Transfer Agent Agreement, (b) such an issuance
or transfer of shares be in violation of any state or federal securities laws or regulation or (c) the issuance or transfer of
shares be prohibited or stopped as required or directed by a court order

 

The
Company shall indemnify you and your officers, directors, principals, partners, agents and representatives, and hold each of them
harmless from and against any and all loss, liability, damage, claim or expense (including the reasonable fees and disbursements
of its attorneys) incurred by or asserted against you or any of them arising out of or in connection the instructions set forth
herein, the performance of your duties hereunder and otherwise in respect hereof, including the costs and expenses of defending
yourself or themselves against any claim or liability hereunder, except that the Company shall not be liable hereunder as to matters
in respect of which it is determined that you have acted with gross negligence or in bad faith. You shall have no liability to
the Company in respect to any action taken or any failure to act in respect of this if such action was
taken or omitted to be taken in good faith, and you shall be entitled to rely in this regard on the advice of counsel.

 

The
Board of Directors of the Company has approved the foregoing irrevocable instructions and does hereby extend the Company’s
irrevocable agreement to indemnify your firm for all loss, liability or expense in carrying out the authority and direction herein
contained on the terms herein set forth.

 

The
Company agrees that in the event that the Transfer Agent resigns as the Company’s transfer agent, the Company shall engage
a suitable replacement transfer agent that will agree to serve as transfer agent for the Company and be bound by the terms and
conditions of these Irrevocable Instructions within five (5) business days. The Investor and the Company agree that the Transfer
Agent shall not be required to perform any issuances or transfers of shares as of the date of the termination of the transfer
agreement.

 

The
Investor is intended to be and are third party beneficiaries hereof, and no amendment or modification to the instructions set
forth herein may be made without the consent of the Investor.

 

	 	 	Very
truly yours,
	 	 	Deep
Green Waste & Recycling, Inc.
	 	 	 
	Acknowledged
    and Agreed:	 	 
	Transfer
    Online, Inc.	 	Lloyd
    Spencer
	 	 	 	CEO
	By:	              	 	 
	Name:	 	 	 
	Title:	 	 	 

 

    	16Exhibit
10.2

 

REGISTRATION
RIGHTS AGREEMENT

 

Registration
Rights Agreement (the “Agreement”), dated as of February 5, 2021 by and between Deep Green Waste & Recycling,
Inc., a corporation organized under the laws of Wyoming (the “Company”), and GPL Ventures LLC, a Delaware limited
liability company (the “Investor”).

 

Whereas,
in connection with the Convertible Promissory Note by and between the Company and the Investor of this date (the “Convertible
Promissory Note”), the Company has agreed to issue and sell to the Investor a $75,000.00 Convertible Promissory note,
convertible into shares of the Company’s Common Stock, $0.001 Par value per share (the “Common Stock”);
and

 

Whereas,
to induce the Investor to execute and deliver the Convertible Promissory Note, the Company has agreed to provide certain registration
rights under the Securities Act of 1933, as amended, and the rules and regulations thereunder, or any similar successor statute
(collectively, the “1933 Act”), and applicable state securities laws, with respect to the shares of Common
Stock issuable pursuant to the Convertible Promissory Note.

 

Now
therefore, in consideration of the foregoing promises and the mutual covenants contained hereinafter and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and the Investor hereby agree as follows:

 

Section
1. DEFINITIONS.

 

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

 

“Execution
Date” means the date of this Agreement set forth above.

 

“Person”
means a corporation, a limited liability company, an association, a partnership, an organization, a business, an individual, a
governmental or political subdivision thereof or a governmental agency.

 

“Principal
Market” shall mean Nasdaq Capital Market, the NYSE Amex, the New York Stock Exchange, the Nasdaq Global Market, the
Nasdaq Global Select Market or the OTC Markets, whichever is the principal market on which the Common Stock of the Company is
listed.

 

“Register,”
“Registered,” and “Registration” refer to the Registration effected by preparing and filing
one (1) or more Registration Statements in compliance with the 1933 Act and pursuant to Rule 415 under the 1933 Act or any successor
rule providing for offering securities on a continuous basis (“Rule 415”), and the declaration or ordering
of effectiveness of such Registration Statement(s) by the United States Securities and Exchange Commission (the “SEC”).

 

“Registrable
Securities” means (i) the underlying shares of the Convertible Promissory Note in the amount of $75,000.00, and (iii)
any shares of capital stock issued or issuable with respect to such shares of Common Stock, if any, as a result of any stock split,
stock dividend, recapitalization, exchange or similar event or otherwise, which have not been (x) included in the Registration
Statement that has been declared effective by the SEC, or (y) sold under circumstances meeting all of the applicable conditions
of Rule 144 (or any similar provision then in force) under the 1933 Act.

 

“Registration
Statement” means the registration statement or statements of the Company filed under the 1933 Act covering the Registrable
Securities.

 

    	 

     

    

 

All
capitalized terms used in this Agreement and not otherwise defined herein shall have the same meaning ascribed to them as in the
Convertible Promissory Note.

 

Section
2. REGISTRATION.

 

(a)
Subject to Section 3(g), the Company shall, within thirty (30) days after the date of this Agreement, file with the
SEC the Registration Statement or Registration Statements (as is necessary) on Form S-1 (or, if such form is unavailable for such
a registration, on such other form as is available for such registration), covering the resale of all of the Registrable Securities,
which Registration Statement(s) shall state that, in accordance with Rule 416 promulgated under the 1933 Act, such Registration
Statement also covers such indeterminate number of additional shares of Common Stock as may become issuable upon stock splits,
stock dividends or similar transactions. The Company shall initially register for resale 10,000,000 shares of Common Stock, except
to the extent that the SEC requires the share amount to be reduced as a condition of effectiveness. In the event that the Investor
requires more than 10,000,000 shares to fully convert the Convertible Promissory Note, the Company shall file a subsequent Registration
Statement to register for resale the number of shares required for the Investor to fully convert the Convertible Promissory Note.

 

(b)
The Company agrees not to include any other securities in the Registration Statement covering the Registrable Securities without
the Investor’s prior written consent which the Investor may withhold in its sole discretion. Furthermore, the Company agrees
that it will not file any other Registration Statement for other securities, until thirty calendar days after the Registration
Statement for the Registrable Securities is declared effective by the SEC.

 

Section
3. RELATED OBLIGATIONS.

 

At
such time as the Company is obligated to prepare and file the Registration Statement with the SEC pursuant to Section 2(a),
the Company shall have the following obligations with respect to the Registration Statement:

 

(a)
The Company shall use all commercially reasonable efforts to cause such Registration Statement relating to the Registrable
Securities to become effective within ninety (90) days after the date that the Registration Statement is filed and shall keep
such Registration Statement effective until the earlier to occur of the date on which (A) the Investor shall have sold all the
Registrable Securities; or (B) the Company has no right to sell any additional shares of Common Stock under the Convertible Promissory
Note (the “Registration Period”). The Registration Statement (including any amendments or supplements thereto
and prospectuses contained therein) shall not contain any untrue statement of a material fact or omit to state a material fact
required to be stated therein, or necessary to make the statements therein, in light of the circumstances in which they were made,
not misleading. The Company shall use all commercially reasonable efforts to respond to all SEC comments within ten (10) business
days from receipt of such comments by the Company. The Company shall use all commercially reasonable efforts to cause the Registration
Statement relating to the Registrable Securities to become effective no later than five (5) business days after notice from the
SEC that the Registration Statement may be declared effective. The Investor agrees to provide all information which it is required
by law to provide to the Company, including the intended method of disposition of the Registrable Securities, and the Company’s
obligations set forth above shall be conditioned on the receipt of such information.

 

(b)
The Company shall prepare and file with the SEC such amendments (including post- effective amendments) and supplements to
the Registration Statement and the prospectus used in connection with such Registration Statement, which prospectus is to be filed
pursuant to Rule 424 promulgated under the 1933 Act, as may be necessary to keep such Registration Statement effective during
the Registration Period, and, during such period, comply with the provisions of the 1933 Act with respect to the disposition of
all Registrable Securities of the Company covered by such Registration Statement until such time as all of such Registrable Securities
shall have been disposed of in accordance with the intended methods of disposition by the Investor thereof as set forth in such
Registration Statement. In the event the number of shares of Common Stock covered by the Registration Statement filed pursuant
to this Agreement is at any time insufficient to cover all of the Registrable Securities, the Company shall amend such Registration
Statement, or file a new Registration Statement (on the short form available therefor, if applicable), or both, so as to cover
all of the Registrable Securities, in each case, as soon as practicable, but in any event within fifty (50) calendar days after
the necessity therefor arises (based on the then Purchase Price of the Common Stock and other relevant factors on which the Company
reasonably elects to rely), assuming the Company has sufficient authorized shares at that time, and if it does not, within fifty
(50) calendar days after such shares are authorized. The Company shall use commercially reasonable efforts to cause such amendment
and/or new Registration Statement to become effective as soon as practicable following the filing thereof.

 

    	2

     

    

 

(c)
The Company shall make available to the Investor whose Registrable Securities are included in any Registration Statement and
its legal counsel without charge (i) if requested by the Investor, promptly after the same is prepared and filed with the SEC
at least one (1) copy of such Registration Statement and any amendment(s) thereto, including financial statements and schedules,
all documents incorporated therein by reference and all exhibits, the prospectus included in such Registration Statement (including
each preliminary prospectus) and, with regards to such Registration Statement(s), any correspondence by or on behalf of the Company
to the SEC or the staff of the SEC and any correspondence from the SEC or the staff of the SEC to the Company or its representatives;
and (ii) upon the effectiveness of any Registration Statement, the Company shall make available copies of the prospectus, via
EDGAR, included in such Registration Statement and all amendments and supplements thereto.

 

(d)
The Company shall use commercially reasonable efforts to (i) register and qualify the Registrable Securities covered by the
Registration Statement under such other securities or “blue sky” laws of such states in the United States as the Investor
reasonably requests; (ii) prepare and file in those jurisdictions, such amendments (including post-effective amendments) and supplements
to such registrations and qualifications as may be necessary to maintain the effectiveness thereof during the Registration Period;
(iii) take such other actions as may be necessary to maintain such registrations and qualifications in effect at all times during
the Registration Period, and (iv) take all other actions reasonably necessary or advisable to qualify the Registrable Securities
for sale in such jurisdictions; provided, however, that the Company shall not be required in connection therewith or as a condition
thereto to (x) qualify to do business in any jurisdiction where it would not otherwise be required to qualify but for this Section
3(d), or (y) subject itself to general taxation in any such jurisdiction. The Company shall promptly notify the Investor who
holds Registrable Securities of the receipt by the Company of any notification with respect to the suspension of the registration
or qualification of any of the Registrable Securities for sale under the securities or “blue sky” laws of any jurisdiction
in the United States or its receipt of actual notice of the initiation or threatening of any proceeding for such purpose.

 

(e)
As promptly as practicable after becoming aware of such event, the Company shall notify the Investor in writing of the happening
of any event as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue
statement of a material fact or omission to state a material fact required to be stated therein or necessary to make the statements
therein, in light of the circumstances under which they were made, not misleading (“Registration Default”)
and use all diligent efforts to promptly prepare a supplement or amendment to such Registration Statement and take any other necessary
steps to cure the Registration Default (which, if such Registration Statement is on Form S-3, may consist of a document to be
filed by the Company with the SEC pursuant to Section 13(a), 13(c), 14 or 15(d) of the 1934 Act (as defined below) and to be incorporated
by reference in the prospectus) to correct such untrue statement or omission, and make available copies of such supplement or
amendment to the Investor. The Company shall also promptly notify the Investor (i) when a prospectus or any prospectus supplement
or post-effective amendment has been filed, and when the Registration Statement or any post- effective amendment has become effective;
(ii) of any request by the SEC for amendments or supplements to the Registration Statement or related prospectus or related information,
(iii) of the Company’s reasonable determination that a post-effective amendment to the Registration Statement would be appropriate,
(iv) in the event the Registration Statement is no longer effective, or (v) if the Registration Statement is stale as a result
of the Company’s failure to timely file its financials or otherwise. If a Registration Default occurs during the period
commencing on the Put Notice Date and ending on the Closing Date, the Company acknowledges that its failure to cure such a Registration
Default within ten (10) business days will cause the Investor to suffer damages in an amount that will be difficult to ascertain.

 

    	3

     

    

 

(f)
The Company shall use all commercially reasonable efforts to prevent the issuance of any stop order or other suspension of
effectiveness of the Registration Statement, or the suspension of the qualification of any of the Registrable Securities for sale
in any jurisdiction and, if such an order or suspension is issued, to obtain the withdrawal of such order or suspension at the
earliest possible moment and to notify the Investor holding Registrable Securities being sold of the issuance of such order and
the resolution thereof or its receipt of actual notice of the initiation or threat of any proceeding concerning the effectiveness
of the Registration Statement.

 

(g)
The Company shall permit the Investor and one (1) legal counsel, designated by the Investor, to review and comment upon the
Registration Statement and all amendments and supplements thereto at least one (1) calendar day prior to their filing with the
SEC. However, any postponement of a filing of a Registration Statement or any postponement of a request for acceleration or any
postponement of the effective date or effectiveness of a Registration Statement by written request of the Investor (collectively,
the “Investor’s Delay”) shall not act to trigger any penalty of any kind, or any cash amount due or any
in-kind amount due the Investor from the Company under any and all agreements of any nature or kind between the Company and the
Investor. The event(s) of an Investor’s Delay shall act to suspend all obligations of any kind or nature of the Company
under any and all agreements of any nature or kind between the Company and the Investor.

 

(h)
The Company shall hold in confidence and not make any disclosure of information concerning the Investor unless (i) disclosure
of such information is necessary to comply with federal or state securities laws, (ii) the disclosure of such information is necessary
to avoid or correct a misstatement or omission in any Registration Statement, (iii) the release of such information is ordered
pursuant to a subpoena or other final, non-appealable order from a court or governmental body of competent jurisdiction, (iv)
such information has been made generally available to the public other than by disclosure in violation of this Agreement or any
other agreement, or (v) the Investor has consented to such disclosure. The Company agrees that it shall, upon learning that disclosure
of such information concerning the Investor is sought in or by a court or governmental body of competent jurisdiction or through
other means, give prompt written notice to the Investor and allow the Investor, at the Investor’s expense, to undertake
appropriate action to prevent disclosure of, or to obtain a protective order covering such information.

 

(i)
The Company shall use all commercially reasonable efforts to maintain designation and quotation of all the Registrable Securities
covered by any Registration Statement on the Principal Market. The Company shall pay all fees and expenses in connection with
satisfying its obligations under this Agreement.

 

(j)
The Company shall provide a transfer agent for all the Registrable Securities not later than the effective date of the first
Registration Statement filed pursuant hereto.

 

    	4

     

    

 

(k)
If requested by the Investor, the Company shall (i) as soon as reasonably practical incorporate in a prospectus supplement
or post-effective amendment such information as the Investor reasonably determines should be included therein relating to the
sale and distribution of Registrable Securities, including, without limitation, information with respect to the offering of the
Registrable Securities to be sold in such offering; (ii) make all required filings of such prospectus supplement or post- effective
amendment as soon as reasonably possible after being notified of the matters to be incorporated in such prospectus supplement
or post-effective amendment; and (iii) supplement or make amendments to any Registration Statement if reasonably requested by
the Investor.

 

(l)
The Company shall use all commercially reasonable efforts to cause the Registrable Securities covered by the applicable Registration
Statement to be registered with or approved by such other governmental agencies or authorities as may be necessary to facilitate
the disposition of such Registrable Securities.

 

(m)
The Company shall otherwise use all commercially reasonable efforts to comply with all applicable rules and regulations of
the SEC in connection with any registration hereunder.

 

(n)
Within one (1) business day after the Registration Statement which includes Registrable Securities is declared effective by
the SEC, the Company shall deliver to the transfer agent for such Registrable Securities, with copies to the Investor, a written
notification that such Registration Statement has been declared effective by the SEC.

 

Section
4. OBLIGATIONS OF THE INVESTOR.

 

(a)
At least five (5) calendar days prior to the first anticipated filing date of the Registration Statement the Company shall
notify the Investor in writing of the information the Company requires from the Investor for the Registration Statement. It shall
be a condition precedent to the obligations of the Company to complete the registration pursuant to this Agreement with respect
to the Registrable Securities and the Investor agrees to furnish to the Company that information regarding itself, the Registrable
Securities and the intended method of disposition of the Registrable Securities as shall reasonably be required to effect the
registration of the resale of such Registrable Securities and the Investor shall execute such documents in connection with such
registration as the Company may reasonably request. The Investor covenants and agrees that, in connection with any sale of Registrable
Securities by it pursuant to the Registration Statement, it shall comply with the “Plan of Distribution” section of
the then current prospectus relating to such Registration Statement.

 

(b)
The Investor, by its acceptance of the Registrable Securities, agrees to cooperate with the Company as reasonably requested
by the Company in connection with the preparation and filing of any Registration Statement hereunder.

 

Section
5. EXPENSES OF REGISTRATION.

 

All
reasonable expenses, other than underwriting discounts and commissions and other than as set forth in the Convertible Promissory
Note, incurred in connection with registrations including comments, filings or qualifications pursuant to Section 2 and
Section 3, including, without limitation, all registration, listing and qualifications fees, printing and accounting fees,
and fees and disbursements of counsel for the Company shall be paid by the Company.

 

    	5

     

    

 

Section
6. INDEMNIFICATION.

 

In
the event any Registrable Securities are included in the Registration Statement under this Agreement:

 

(a)
To the fullest extent permitted by law, the Company, under this Agreement, will, and hereby does, indemnify, hold harmless
and defend the Investor, the directors, officers, partners, employees, counsel, agents, representatives of, and each Person, if
any, who controls, the Investor within the meaning of the 1933 Act or the Securities Exchange Act of 1934, as amended (the “1934
Act”) (each, an “Indemnified Person”), against any losses, claims, damages, liabilities, judgments,
fines, penalties, charges, costs, attorneys’ fees, amounts paid in settlement or expenses, joint or several (collectively,
“Claims”), incurred in investigating, preparing or defending any action, claim, suit, inquiry, proceeding,
investigation or appeal taken from the foregoing by or before any court or governmental, administrative or other regulatory agency,
body or the SEC, whether pending or threatened, whether or not an indemnified party is or may be a party thereto (“Indemnified
Damages”), to which any of them may become subject insofar as such Claims (or actions or proceedings, whether commenced
or threatened, in respect thereof) arise out of or are based upon: (i) any untrue statement or alleged untrue statement of a material
fact in the Registration Statement or any post-effective amendment thereto or in any filing made in connection with the qualification
of the offering under the securities or other “blue sky” laws of any jurisdiction in which the Investor has requested
in writing that the Company register or qualify the Shares (“Blue Sky Filing”), or the omission or alleged
omission to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances
under which the statements therein were made, not misleading, (ii) any untrue statement or alleged untrue statement of a material
fact contained in the final prospectus for the offer of the Registrable Securities (as amended or supplemented, if the Company
files any amendment thereof or supplement thereto with the SEC) or the omission or alleged omission to state therein any material
fact necessary to make the statements made therein, in light of the circumstances under which the statements therein were made,
not misleading, or (iii) any violation or alleged violation by the Company of the 1933 Act, the 1934 Act, any other law, including,
without limitation, any state securities law, or any rule or regulation thereunder relating to the offer or sale of the Registrable
Securities pursuant to the Registration Statement (the matters in the foregoing clauses (i) through (iii) being, collectively,
“Violations”). Subject to the restrictions set forth in Section 6(b) the Company shall reimburse each
Indemnified Person, promptly as such expenses are incurred and are due and payable, for any reasonable legal fees or other reasonable
expenses incurred by them in connection with investigating or defending any such Claim. Notwithstanding anything to the contrary
contained herein, the indemnification agreement contained in this Section 6(a): (i) shall not apply to a Claim arising
out of or based upon a Violation which is due to the inclusion in the Registration Statement of the information furnished to the
Company by any Indemnified Person expressly for use in connection with the preparation of the Registration Statement or any such
amendment thereof or supplement thereto; (ii) shall not be available to the extent such Claim is based on (A) a failure of the
Investor to deliver or to cause to be delivered the prospectus made available by the Company; (B) the Indemnified Person’s
use of an incorrect prospectus despite being promptly advised in advance by the Company in writing not to use such incorrect prospectus;
(C) the manner of sale of the Registrable Securities by the Investor or of the Investor’s failure to register as a dealer
under applicable securities laws; (D) any omission of the Investor to notify the Company of any material fact that should be stated
in the Registration Statement or prospectus relating to the Investor or the manner of sale; and (E) any amounts paid in settlement
of any Claim if such settlement is effected without the prior written consent of the Company, which consent shall not be unreasonably
withheld. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of the Indemnified
Person and shall survive the resale of the Registrable Securities by the Investor pursuant to the Registration Statement; and
(iii) shall not be available to the extent the Claim arises out of the gross negligence or willful misconduct of the Indemnified
Person.

 

    	6

     

    

 

(b)
Promptly after receipt by an Indemnified Person or Indemnified Party under this Section 6 of notice of the commencement
of any action or proceeding (including any governmental action or proceeding) involving a Claim, such Indemnified Person or Indemnified
Party shall, if a Claim in respect thereof is to be made against any indemnifying party under this Section 6, deliver to
the indemnifying party a written notice of the commencement thereof, and the indemnifying party shall have the right to participate
in, and, to the extent the indemnifying party so desires, jointly with any other indemnifying party similarly noticed, to assume
control of the defense thereof with counsel mutually satisfactory to the indemnifying party and the Indemnified Person or the
Indemnified Party, as the case may be; provided, however, that an Indemnified Person or Indemnified Party, as the case may be,
shall have the right to retain its own counsel with the fees and expenses to be paid by the indemnifying party, if, in the reasonable
opinion of counsel retained by the Indemnified Person or Indemnified Party, the representation by counsel of the Indemnified Person
or Indemnified Party and the indemnifying party would be inappropriate due to actual or potential differing interests between
such Indemnified Person or Indemnified Party and any other party represented by such counsel in such proceeding. The indemnifying
party shall pay for only one (1) separate legal counsel for the Indemnified Persons or the Indemnified Parties, as applicable,
and such counsel shall be selected by the Indemnified Party. The Indemnified Party or Indemnified Person shall cooperate fully
with the indemnifying party in connection with any negotiation or defense of any such action or Claim by the indemnifying party
and shall furnish to the indemnifying party all information reasonably available to the Indemnified Party or Indemnified Person
which relates to such action or Claim. The indemnifying party shall keep the Indemnified Party or Indemnified Person fully apprised
at all times as to the status of the defense or any settlement negotiations with respect thereto. No indemnifying party shall
be liable for any settlement of any action, claim or proceeding affected without its written consent; provided, however, that
the indemnifying party shall not unreasonably withhold, delay or condition its consent. No indemnifying party shall, without the
consent of the Indemnified Party or Indemnified Person, consent to entry of any judgment or enter into any settlement or other
compromise which does not include as an unconditional term thereof the giving by the claimant or plaintiff to such Indemnified
Party or Indemnified Person of a release from all liability in respect to such Claim. Following indemnification as provided for
hereunder, the indemnifying party shall be subrogated to all rights of the Indemnified Party or Indemnified Person with respect
to all third parties, firms or corporations relating to the matter for which indemnification has been made. The failure to deliver
written notice to the indemnifying party within a reasonable time of the commencement of any such action shall not relieve such
indemnifying party of any liability to the Indemnified Person or Indemnified Party under this Section 6, except to the
extent that the indemnifying party is prejudiced in its ability to defend such action.

 

(c)
The indemnity agreements contained herein shall be in addition to (i) any cause of action or similar right of the Indemnified
Party or Indemnified Person against the indemnifying party or others, and (ii) any liabilities the indemnifying party may be subject
to pursuant to the law.

 

Section
7. CONTRIBUTION.

 

To
the extent any indemnification by an indemnifying party is prohibited or limited by law, the indemnifying party agrees to make
the maximum contribution with respect to any amounts for which it would otherwise be liable under Section 6 to the fullest
extent permitted by law; provided, however, that: (i) no contribution shall be made under circumstances where the maker would
not have been liable for indemnification under the fault standards set forth in Section 6; (ii) no seller of Registrable
Securities guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the 1933 Act) shall be entitled to contribution
from any seller of Registrable Securities who was not guilty of fraudulent misrepresentation; and (iii) contribution by any seller
of Registrable Securities shall be limited in amount to the net amount of proceeds received by such seller from the sale of such
Registrable Securities.

 

    	7

     

    

 

Section
8. REPORTS UNDER THE 1934 ACT.

 

With
a view to making available to the Investor the benefits of Rule 144 promulgated under the 1933 Act or any other similar rule or
regulation of the SEC that may at any time permit the Investor to sell securities of the Company to the public without registration
(“Rule 144”), provided that the Investor holds any Registrable Securities which are eligible for resale under
Rule 144 and such information is necessary in order for the Investor to sell such Securities pursuant to Rule 144, the Company
agrees to:

 

(a)
make and keep public information available, as those terms are understood and defined in Rule 144;

 

(b)
file with the SEC in a timely manner all reports and other documents required of the Company under the 1933 Act and the 1934
Act so long as the Company remains subject to such requirements (it being understood that nothing herein shall limit the Company’s
obligations under the Convertible Promissory Note) and the filing of such reports and other documents is required for the applicable
provisions of Rule 144; and

 

(c)
furnish to the Investor, promptly upon request, (i) a written statement by the Company that it has complied with the reporting
requirements of Rule 144, the 1933 Act and the 1934 Act applicable to the Company, (ii) a copy of the most recent annual or quarterly
report of the Company and such other reports and documents so filed by the Company, and (iii) such other information as may be
reasonably requested to permit the Investor to sell such securities pursuant to Rule 144 without registration.

 

Section
9. NO ASSIGNMENT OF REGISTRATION RIGHTS.

 

This
Agreement and the rights, agreements or obligations hereunder may not be assigned, by operation of law, merger or otherwise, and
without the prior written consent of the other party hereto, and any purported assignment by a party without prior written consent
of the other party will be null and void and not binding on such other party. Subject to the preceding sentence, all of the terms,
agreements, covenants, representations, warranties and conditions of this Agreement are binding upon, and inure to the benefit
of and are enforceable by, the parties and their respective successors and assigns.

 

Section
10. AMENDMENT OF REGISTRATION RIGHTS.

 

The
provisions of this Agreement may be amended only with the written consent of the Company and the Investor.

 

Section
11. MISCELLANEOUS.

 

(a)
Any notices or other communications required or permitted to be given under the terms of this Agreement must be in writing
and will be deemed to have been delivered (i) upon receipt, when delivered personally; (ii) upon receipt, when sent by facsimile
or email with the signed document attached in PDF format (provided a confirmation of transmission is mechanically or electronically
generated and kept on file by the sending party); or (iii) one (1) day after deposit with a nationally recognized overnight delivery
service, in each case properly addressed to the party to receive the same. The addresses and facsimile numbers for such communications
shall be:

 

If
to the Company:

 

Deep
Green Waste & Recycling, Inc.

13110
NE 177th Place, #293

Woodinville,
WA 98072

 

If
to the Investor:

GPL
Ventures LLC

 

______________________

______________________

______________________

 

    	8

     

    

 

Each
party shall provide five (5) business days prior notice to the other party of any change in address, phone number, facsimile number
ore-mail address.

 

(b)
Failure of any party to exercise any right or remedy under this Agreement or otherwise, or delay by a party in exercising
such right or remedy, shall not operate as a waiver thereof.

 

(c)
This Agreement and the Convertible Promissory Note constitute the entire agreement among the parties hereto with respect to
the subject matter hereof and thereof. There are no restrictions, promises, warranties or undertakings, other than those set forth
or referred to herein and therein.

 

(d)
This Agreement and the Convertible Promissory Note supersede all prior agreements and understandings among the parties hereto
with respect to the subject matter hereof and thereof.

 

(e)
The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof.
Whenever required by the context of this Agreement, the singular shall include the plural and masculine shall include the feminine.
This Agreement shall not be construed as if it had been prepared by one of the parties, but rather as if all the parties had prepared
the same.

 

(f)
This Agreement may be executed in two or more identical counterparts, each of which shall be deemed an original but all of
which shall constitute one and the same agreement. This Agreement, once executed by a party, may be delivered to the other party
hereto by facsimile transmission or by e-mail delivery of a PDF format of a copy of this Agreement bearing the signature of the
party so delivering this Agreement.

 

(g)
Each party shall do and perform, or cause to be done and performed, all such further acts and things, and shall execute and
deliver all such other agreements, certificates, instruments and documents, as the other party may reasonably request in order
to carry out the intent and accomplish the purposes of this Agreement and the consummation of the transactions contemplated hereby.

 

(h)
In case any provision of this Agreement is held by a court of competent jurisdiction to be excessive in scope or otherwise
invalid or unenforceable, such provision shall be adjusted rather than voided, if possible, so that it is enforceable to the maximum
extent possible, and the validity and enforceability of the remaining provisions of this Agreement will not in any way be affected
or impaired thereby.

 

Section
12. CHOICE OF LAW.

 

All
disputes arising under this agreement shall be governed by and interpreted in accordance with the laws of the state of New York,
without regard to principles of conflict of laws.

 

*.*.*

 

    	9

     

    

 

SIGNATURE
PAGE OF REGISTRATION RIGHTS AGREEMENT

 

Your
signature on this Signature Page evidences your agreement to be bound by the terms and conditions of the Convertible Promissory
Note and the Registration Rights Agreement as of the date first written above.

 

The
undersigned signatory hereby certifies that he has read and understands the Registration Rights Agreement, and the representations
made by the undersigned in this Registration Rights Agreement are true and accurate and agrees to be bound by its terms.

 

	 	GPL
    VENTURES LLC
	 	 
	 	By:	         
	 	Name:	 
	 	Title:	 

 

	 	Deep
    Green Waste & Recycling, Inc.
	 	 
	 	By:	            
	 	Name:	 
	 	Title:	 

 

Signature
Page to Registration Rights Agreement

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